if you have a business that is commodity or inventory type, try to keep your profit in that. as long as your merchandise is non perishable you should be fine. that is the model used by most chinese businessmen to grow a business.
if you have a business that is commodity or inventory type, try to keep your profit in that. as long as your merchandise is non perishable you should be fine. that is the model used by most chinese businessmen to grow a business.
the pse stocks are on the move up!!! how long will you wait guys?
wow. 2 of my trainees bought a stock last thursday at 1.06/share, friday, it was priced at 1.16/ share,
they sold it, had a whooping 9% PROFIT in 24HRS , cool investment!!!.
be a Stock Investor Trainee Today! contact 09228767786.
that's 90,000 Profit for a 1 Million investment in 24 HRS.
this is a Financial Instrument / vehicle that can match ur UNCLE's savings in the bank... :> hehehe
jess, i strongly suggest you go downtown and have a look around. most of the old big stores started small. mostly chinese traders.
chinese tend to grow the business before spending and the easiest way to do that is by re-investing profits to increase your capital base. thats also why chinese have the generations of wealth.
1st generation starts the business and grows it
2nd generation grows it even more
3rd generation stops growing and starts spending
4th generation keeps on spending
5th generation spends everything and goes broke
its typical for a lot of old chinese establishments to have this philosophy. in fact like i said, go downtown. you will notice a lot of old chinese folks wearing sando, pants and slippers inside stores. (a lot even live upstairs of their stores)
after the 5th generation its back to square one. why do chinese business take so long to prosper? conservative chinese traders refuse to borrow. hence, they HAVE to re-invest profits to increase capital.
a business cant become big overnight and there is no such thing as a quick buck. its harder to spend hard earned cash than to spend a quick buck. (ever noticed its so easy to spend money thats hatag langit? but so hard to spend CASH?)
regarding stocks, i've been playing with the market since 1987. its a quick way to make a buck but its also a quick way to lose it. you can get burned bad. they stocks is a matter of timing, actually it is but remember this. its almost like going to the casino! its the same amount of risks but the margins of loss and gain can be less. (since pagcor is 100% or greater!)
what makes the PSE a risky undertaking is the size of our markets. its so easy to manipulate for a foreign fund. take into consideration or daily trading volumes. 1b-3b max per day in peso values. thats not much for a foreign fund with billions in usd to play with. given that, market fundamentals DONT work. its more of catching something being played with and getting ready to dump when they start dumping.
you hear about everyone making money but never hear about the loses... same as the casino. manghambog sa daug hilum sa pildi!
casino is gambling. stocks isn't. so they're not the same. stocks are longterm tools to grow money, if u use the longterm vehicle for short-term purpose, u will get burned most of the time because it's in how u use the vehicle. plus lack of education might be a factor too. so better use the right tool for the right purpose.
as of businessmen, try to read gokongwei's story. something went wrong when his father died, .... find out for yourself. most chinese learn from each other's mistakes that's why they persevere in business. the business is just the vehicle, where do they really put their profit? - not necessarily in stocks, nor in pieces of land. find out what's common with those people... i'll give u a clue, their kids / children all have this small booklet, the parents all have "special papers" that they keep in their safe...hehehe
stocks is someway a gamble gehapon kay you really don't know or can't tell if mukita ba ang imung ge invest nga stock.. i don't really now much about stock market kay i don't really invest in it kay we lost 8.5million in investing stock market that's why i can't say na mura ra cya ug gambling.. we really learn our lesson dira that's why, we don't invest so much in stocks but in realty and businesses nalang.. besides, now a days, i don't think nindot kaau i invest ug stock market karon because dili pa kaau stable ang economy.. that's my opinion lang...
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