HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

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  ALL YOU NEED TO KNOW ABOUT DOLLAR AND MONEY MARKET MUTUAL FUND INVESTMENT After our recent seminar on investment, a lot of participants have contacted me to write on the subject for easy reference. Thus, today we'll be focusing on money market and dollar mutual fund investments. Money market investments are short-term, highly liquid assets that provide a safe place to park cash. Dollar mutual funds, on the other hand, invest in a variety of short-term debt securities issued by the U.S. government, corporations, and municipalities. WHYSHOULD YOU CONSIDER INVESTING YOUR FUNDS? Investing your funds can potentially offer several benefits. Firstly, it allows your money to grow over time through the power of compounding. By putting your money into various investment vehicles like stocks, bonds, or real estate, you have the opportunity to earn returns that exceed traditional savings account interest rates. Secondly, investing helps you hedge against inflation. Over time, the purch...

10 ELEMENTS OF SUCCESS

 

How To Be Successful In What You Do

Dear Readers, 

Greetings and welcome to the winning side where we learn to be winners in all our endeavors. Today we'll be focusing on 10 elements of success.

Success is a concept that is different for every person. Whether it means having a great career, a home or a family, success is something everyone strives to achieve. It makes you feel proud, it gives you excitement and it lets you know you have made an impact in a competitive world.

Success is not something you attain without putting in the effort, however, it is a mindset you must adopt to accomplish your goals and grow as a person, and it takes hard work. In this piece, I’ll explain what it can mean to be successful and discuss tips to help us in our journey for success.

 How do you define success?

Before you can define success for yourself, you should make a list of what success looks like to you. Then, follow that up with actionable steps you can take to achieve that success. 

For us to be successful in our endeavors, we need to: 

Be committed

Through commitment, you can gain motivation to pursue success. You should make a list that includes your goal, your level of commitment to the goal and what you are willing to do to achieve that goal. Staying focused on your plan is crucial.

2.       Learn from the journey

Rather than focusing strictly on the results of your accomplishments, take notice of the small steps needed to achieve success. If you allow yourself to enjoy small victories along your journey, reaching your goal will become a new adventure each day and you will be more likely to stay on track. By doing this, you will learn new and exciting things along the way, which can help you grow as a person.

3.       Have fun along the way

If the journey to achieve something becomes too tedious, it will be more challenging to succeed. Learning what you are capable of can be fun and exciting, so it is important to keep your goals light and fun to have an emotionally-positive experience and keep moving forward without losing perspective.

4.       Think positively

Developing a positive mindset is all about trusting yourself and your ability to succeed. It is important to replace any negative thoughts with positive ones to motivate yourself to keep trying no matter what challenges come your way.

5.       Change your perspective

Sometimes along the journey, you have to change your perspective to turn a challenging situation into a better one. When you are having a bad day or week, imagine instead that it is a good day or week. Give yourself the opportunity and the time to think about your situation using only positive language and see how much your day or week changes.

6.       Be honest with yourself

If you find your goal is at a standstill, you might need to be honest with yourself about why that is. After you have come to an understanding, try to find a solution to push yourself toward success. Challenge yourself to step out of your comfort zone.

7.       Take away distractions

Make a list of things in your life that take up your time or distract you. This could be a phone; television shows or even a person who causes you stress. Shut off your phone and put it in a different room when it is time to focus on your goal. 

8.       Count on yourself

You cannot count on others to achieve your goals for you. Your best friend cannot take a class for you. Your mother cannot get you a promotion. Your partner cannot lose extra weight for you. These are all things you must do on your own. 

9.       Keep planning

Stick to a schedule when working on your goals. Give yourself challenges according to your calendar.

10 Avoid getting burned out

It is important to focus on your goal, but do not obsess over it. Keeping your journey productive but also fun will ensure you are motivated without overworking yourself. Sitting around and thinking about your goal all the time can cause you to burn out. 

Thanks for your time!

 

I advise you to follow the following articles 

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 6 Reasons Africa Professional Business Needs Digital Marketing

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If this article is interesting or there is an area you want us to research and write on, kindly leave a comment beside it.

 This intellectual property belongs to KCmond Consulting.  No part of it is expected to copy or publish without the sole permission of Kingsmond Ehimare. 

 

 

 

 Kingsmond Ehimare


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