Getting rich and becoming a millionaire is a taboo topic. Saying it can be done by the age of 30 seems like a fantasy.

It shouldn't be taboo and it is possible. At the age of 21, I got out of college, broke and in debt, and by the time I was 30, I was a millionaire.

Here are the 10 steps that will guarantee you will become a millionaire by 30.

1. Follow the money. In today's economic environment you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that. My income was $3,000 a month and nine years later it was $20,000 a month. Start following the money and it will force you to control revenue and see opportunities.

2. Don't show off — show up! I didn't buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I was still driving a Toyota Camry when I had become a millionaire. Be known for your work ethic, not the trinkets that you buy.

3. Save to invest, don't save to save. The only reason to save money is to invest it.  Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.

4. Avoid debt that doesn't pay you. Make it a rule that you never use debt that won't make you money. I borrowed money for a car only because I knew it could increase my income. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.

5. Treat money like a jealous lover. Millions wish for financial freedom, but only those that make it a priority have millions. To get rich and stay rich you will have to make it a priority. Money is like a jealous lover. Ignore it and it will ignore you, or worse, it will leave you for someone who makes it a priority.

6. Money doesn't sleep. Money doesn't know about clocks, schedules or holidays, and you shouldn't either. Money loves people that have a great work ethic. When I was 26 years old, I was in retail and the store I worked at closed at 7 p.m. Most times you could find me there at 11 p.m. making an extra sale. Never try to be the smartest or luckiest person — just make sure you outwork everyone.

7. Poor makes no sense. I have been poor, and it sucks. I have had just enough and that sucks almost as bad. Eliminate any and all ideas that being poor is somehow OK. Bill Gates has said, "If you're born poor, it's not your mistake. But if you die poor, it is your mistake."

8. Get a millionaire mentor. Most of us were brought up middle class or poor and then hold ourselves to the limits and ideas of that group. I have been studying millionaires to duplicate what they did. Get your own personal millionaire mentor and study them. Most rich people are extremely generous with their knowledge and their resources.

9. Get your money to do the heavy lifting. Investing is the Holy Grail in becoming a millionaire and you should make more money off your investments than your work. If you don't have surplus money you won't make investments. The second company I started required a $50,000 investment. That company has paid me back that $50,000 every month for the last 10 years. My third investment was in real estate, where I started with $350,000, a large part of my net worth at the time. I still own that property today and it continues to provide me with income. Investing is the only reason to do the other steps, and your money must work for you and do your heavy lifting.

10. Shoot for $10 million, not $1 million. The single biggest financial mistake I've made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.

Apply these 10 steps and they will make you rich. Steer clear of people that suggest your financial dreams are born of greed. Avoid get-rich-quick schemes, be ethical, never give up, and once you make it, be willing to help others get there too.

secondary source from http://www.businessinsider.com/how-to-become-a-millionaire-by-age-30-2014-6?IR=T&

If you ask Thomas Corley, being rich has very little to do with luck and everything to do with habits.

Corley, who spent five years monitoring and analyzing the daily activities and habits of people both wealthy and living in poverty (233 wealthy and 128 poor, specifically), isolated what he calls “rich habits” — and many of them are simply patterns of thought.

“I found in my research that wealthy people are by and large optimists,” he says. “They practice gratitude and look at happiness like a habit.”

Corley, who presents and explains many of his findings in his book “Rich Habits: The Daily Success Habits Of Wealthy Individuals” and on his website, defines “rich people” as those with an annual income of $160,000 or more and a liquid net worth of $3.2 million or more, and “poor people” as those with an annual income or $35,000 or less and a liquid net worth of $5,000 or less.

Here are 10 ways Corley found that rich people think differently, based on statements with which they identify.

1. Rich people believe their habits have a major impact on their lives.
“Daily habits are critical to financial success in life.”
Rich people who agree: 52%
Poor people who agree: 3%

Wealthy people think that bad habits create detrimental luck and that good habits create “opportunity luck,” meaning they create the opportunities for people to make their own luck. “When I looked at luck,” Corley remembers, “a lot of rich people said they were lucky and a lot of poor people said they were unlucky.”

2. Rich people believe in the American dream.
“The American dream is no longer possible.”
Rich people who agree: 2%
Poor people who agree: 87%

“The American Dream is the idea of unlimited potential, that you can make it on your own,” says Corley. In his study, the vast majority of rich people believed that wealth is a big part of the American dream (94%), and that the dream is still possible.

3. Rich people value relationships for professional and personal growth.
“Relationships are critical to financial success.”
Rich people who agree: 88%
Poor people who agree: 17%

Not only do rich people feel that their relationships are critical to their success, but they put a lot of effort into maintaining them, making a habit of calling up contacts to congratulate them on life events, wish them a happy birthday, or reaching out just to say hello. “When I applied the hello calls and the life event calls to my own life,” recalls Corley, “I ended up making another $60,000 as a result.”

4. Rich people love meeting new people.
“I love meeting new people.”
Rich people who agree: 68%
Poor people who agree: 11%

Hand in hand with valuing relationships comes making new ones. Rich people both love meeting new people and believe that being liked is important to financial success (in fact, it’s a whopping 95% that believe in the power of likability, compared to 9% of poor people).

5. Rich people think that saving is hugely important.
“Saving money is critical to financial success.”
Rich people who agree: 88%
Poor people who agree: 52%

“Being wealthy is not just making a lot of money,” explains Corley. “It’s saving a lot, and accumulating wealth. Many of the people I studied aren’t wealthy because they made a lot, but because they saved a lot.” He’s trying to instill what he calls the 80/20 rule in his own children: Save 20% of your income while living on 80%.

6. Rich people feel that they determine their path in life.
“I believe in fate.”
Rich people who agree: 10%
Poor people who agree: 90%

Poor people are significantly more likely to believe that genetics are important to becoming wealthy, and significantly less likely to believe that they’re the cause of their own financial status in life. “Most of the wealthy people I talked to were businesspeople who weren’t always wealthy,” Corley explains, “but they had this attitude that they could do anything.”

7. Rich people value creativity over intelligence.
“Creativity is critical to financial success.”
Rich people who agree: 75%
Poor people who agree: 11%

While rich people are more likely to believe that creativity influences success, poor people are more likely to think that being “intellectually gifted” is critical. They’re also more likely to believe that wealth is usually accidental. “If you look at my stats, you’ll find that a lot of wealthy people were C students,” says Corley. “There’s more to wealth than just being smart.”

8. Rich people enjoy their jobs.
“I like (or liked) what I do for a living.”
Rich people who agree: 85%
Poor people who agree: 2%

“Many of the wealthy in my study loved their job — it’s not an accident,” says Corley. In fact, 86% of the wealthy worked an average of 50 hours or more per week (compared to 43% of the poor), and 81% say they do more than their job requires (versus 17%). Corley says it’s related to the idea of creativity being important to financial success: “These people found a creative pursuit that could turn into monetary value. When you engage in a creative pursuit that can make money, the rewards are often obscene.”

9. Rich people believe that their health influences their success.
“Good health is critical to financial success.”
Rich people who agree: 85%
Poor people who agree: 13%

“One of the individuals in my study told me ‘I can’t make money in a hospital bed,’” Corley remembers. “Wealthy people think that being healthy means fewer sick days, which translates into more productivity and more money.”

10. Rich people are willing to take risks.
“I’ve taken a risk in search of wealth.”
Rich people who agree: 63%
Poor people who agree: 6%

“A lot of the wealthy people in the study were business owners who started their own businesses,” Corley explains. “They became successes because they were master self-educators who learned from the school of hard knocks.” In fact, 27% of the wealthy people in Corley’s study admit they’ve failed at least once in life or in business, compared with 2% of the poor. “Failure is like scar tissue on the brain,” Corley says. “The lessons last forever.”

~Original Article by Libby Kane at http://www.businessinsider.my/ways-rich-people-think-differently-2014-5/#.U4Unx3JdXCd

Not every guy’s a member of the lucky sperm club. But just because your boyfriend isn’t a scion of a wealthy family doesn’t mean you’re never going to marry a rich man.

If Apple’s stock can rise from $21 to $500, so can the wealth of any man.

Don’t be discouraged if the guy you are currently dating is nothing more than a penny stock. The market bears no memories. He might very well be poor only for now. Then again, how can you tell?

Of course not every penny stock is worth investing in. Some are simply hopeless and will never hit it big. Some are purely millionaires in the making.

To spare you from waking up one morning realizing you’ve invested your time, effort and youth for nothing, here’s the rule of thumb I’ve used to sift out good penny stocks.

1. He knows he is good at something. 
Knowing his worth is usually the first step towards wealth creation. Baby-sitting, baking, gardening or whatever so long as he recognizes that the skills he honed are exchangeable for money.

2. He is self-disciplined. 
He has the ability to concentrate on future financial goals without swaying from everyday tasks that will lead him there. No matter how boring or unpleasant.

3. He blames himself, not others. 
He thinks it’s always his fault. Either partially or entirely. It might seem a little sadistic but it’s him actually knowing that he has control over his environment, decisions and ultimately his own future.

4. He lives below his means. 
It doesn’t mean he’s a miser. He chooses to accumulate more wealth rather than to succumb to short-lived pleasures of buying a Rolex or a BMW. Someone in the relationship has to make this sacrifice at the beginning. If not him, who else?

5. He is a doer.
 He doesn’t blabber on and on about how he is going to do something great. He just does it. He doesn’t complain about doing stuff. He just does it.

6. He is extremely curious. 
He takes time and effort to figure out the nuts and bolts of why things work or don’t work. Opportunity sometimes arises when he stumbles upon an unserved niche.

7. He is thick skinned.
 He has the balls to execute his crazy plans. Whatever they may be. Failure doesn’t concern him. Or should I say he isn’t afraid of being laughed at if he didn’t succeed. He repeats 6 and tries again.


Investing in men is largely based on intrinsic value. There is no right or wrong value though. Nothing in life is guaranteed. You’ll win some and you’ll lose some. But when you do win, make sure you win big. If you trust my bogus knowledge about investing, bear in mind that character is key. In fact it is everything to me.

So good luck ladies. May the dating market be forever bullish.

~ Article by Melle Gre (thoughtcatalog.com/melle-gre/2014/05/7-ways-to-tell-if-your-boyfriend-is-going-to-be-rich/#2qdofWFU8B007gLd.01)

我的投资故事 ——赌博的开始

当初我是怎么接触到股票的呢？答案是大富翁四！！！我在玩大富翁时，不是在买地起高楼大厦而是花全部时间在炒股。每次都会买很多的红卡和黑卡来炒股。可以一下子就把身家翻几倍。娃哈哈，爽！因为感觉就是在玩SiamBulak牌或BlackJack嘛。

很多朋友都说买股票跟赌博没差别。我觉得对，但至少赌股票的胜算还高过去云顶赌吧。赌长期买GENTING股票，应该会赚多过去GENTING赌博的人吧？？？

大富翁玩得多了，是时候玩社会版的大富翁了。

当时我的投资字典for dumb里有八字真言

玩股票等于赚大钱。

2004年 – 凡事都有第一次

我是在2004年用RM500++买下了第一支股票，而且是用别人的户口来买的。因为当时还是个不够岁当股民又没钱的大学生。那支股是carlsberg， 忘了买多少钱，大概是RM5.45吧。为什么会买呢？是因为在biz.Thestar看见carlsberg有派7sen股息。咦，7sen喔，很多了。买啦！

当时什么都不会，若知道什么是Taxes，Maybank Dividend Charge，Dividend Yield应该就不会买了。

Rm500++只能买到100unit Carlsberg。

100unit x RM0.07 dividend= RM7。

Rm7- 28%taxes – Maybank Charge RM2.50 = RM2.54

所以我的net dividend yield是RM2.54。

因为RM2.54/RM545才等于0.466%而已。

我的投资字典多了两个字及两个words– “天真”及“Dividend Yield”。

2004-2005 --黑暗时代

人家说冷眼很厉害，我读的第一本投资书就是冷眼的书。读了几遍结果还是领悟不到什么。我没天分吧！过后读了好多有的没的，厉害更厉害的书，市场上的bestseller都差不多读了。有人说Peter Lynch真的真的很厉害喔，连续beat the market十多年！一定要读它的书。读了Peter Lynch的书，我也觉得他真的真的很厉害。

所以我的投资字典for dumb里又多了四个字—— “我不厉害”

读完了Peter Lynch的<<One Up On Wallstreet>>及<<Beat The Street>>。你问我应该怎样开始投资股票？怎样选股票？

我不知道。

讲真的咧。

我还是不知道。我真的不知道。。。

我的理解能力可能没酱好，所以读了Peter Lynch的书后，我会哦哦哦哦哦！对hor对hor，作麽我没想到过的。酱都能酱分析。然后，ok我今天要用PeterLynch的方法来分析。坐在电脑前，我就会变dumb了，到底从那里start leh？要先看什么了？算了啦！我还是跟我的心情，心情好就买，心情不好就随便买，随便卖。

2006年 – 缘分到了—我的白马“王子”出现了

2006年，在一次的机缘下，我在TimeSquare 的Borders看见了一本书。这书的价钱是RM94.60，对还是学生的我是很贵的。第一次看了，没买；第二次去TimeSquare，又看，没买；回到家后，一直想这本书所教的东西，心里不平衡了。结果第二次的第二天马上去把这本书买了。我人生中最贵的一本书。

这书是影响我最深的一本书。因为它是我所看的书里是解释得simple又有system to invest的书。它里面有教到：

第一步应该看Mean：这公司是不是你所了解的。

第二步是看Moat：这公司的强处在那里。它的competitive advantage是什么。

第三步是看Management：这公司的management是不是可信的。

第四步是看Margin of Safety，Sales,EPS, NTA, FreeCashFlow Growth rate。

第五步是用Technical indicator 来分析When to buy及When to sell。

还没看这书前，我是会没头绪地选股票，然后没头没脑地乱买乱卖，如等head&shoulder 啦，cup of handler啦，先买然后等季度财务报表出，如果当天股价跌，投机就变投资，等以后再卖；若股价上，当天就卖，赚差价，然后把自己当神看。

结果才发现，原来在牛市时，我不管用什么招用什么pattern，我都是赚钱的。问题只是赚多或少。

在熊市时，哈哈。我之前create的什么pattern都死翘翘。

看了这书后，我才发现我现在能很容易地follow up我自己所投资的公司。不会像以前，今天看PE，PE低就买；或是今天看dividend yield，高就买；最槽糕的是，今天我“感觉”股票会上，所以买。结果大多数时间当“高手”！

现在当我的朋友问我，是不是熊市了？做么今天早上股价大跌，会不会反弹，还是会继续跌下去？我的答案是I don’t care。上的话，我会买，跌的话我会止损。我会follow我的system来trade/invest。

结果朋友说：“TIU 你，什么I don’t  care wor，我也会教你啦，四个字，要低买高卖嘛！”

Hmm...低买高卖，也对。应该是我解释得不清楚吧？算了还是继续讲故事。

我是engineering background的家伙，所以simple 的system对我来说是很重要。因为酱我就不会在牛市或熊市panic了。

这书就是《Rule#1》，作者是Phil Town。我的白马“王子”。

有机会可以和大家交流交流这书的system。

不过我follow这书里的Invest System还是让我这新人继续亏了不少的钱，也赚了一些钱…还是继续慢慢地摸石头过河…

2005-2006黑暗时代 --一个书虫在股海中挣扎

**PS:写这故事前，我要强调一点，我以下所写的是我的脑袋能力及IQ里所明白那作者所写的东西。很多时候那作者不是酱的意思，但是我会misunderstood。所以以下是我所明白所filter所bias的东西，而不是作者的意思，要了解作者的investing concept，可以去读它的书本。

在读《Rule#1》之前，我试用过了很多system，如以下所列的。这些方法不是行不通而是这些system的心理系统不适合我。以下所写的是当年我的读后感。

1.        冷眼：《30年股票投资心得》

i.        PE<10

ii.        反向

iii.        成长

iv.        时间

读后感：要等第一个条件，好股的PE跌少过10，是要很有耐性地等待，我是在2004年开始投资，若等PE<10，可能要能到2008年才能投资。反向是什么？“别人贪婪时，我要离场；别人害怕时，我要进场”是什么？多贪婪才算贪婪？多害怕才算害怕？成长要多大才叫成长？+10%还是+20%还是+50%？

对我这新人来说太深奥了。

*冷眼先生，不是你的问题，而是我这新手不明白。

*不过现在我读回冷眼的书，我领悟到一些新的东西了。原来我长大了。

2.        William O’Neil 《How to Make Money in Stocks》-- CAN-SLIM

CAN-SLIM strategy强调的是要买高卖更高，而且一定要在7%-8%止损，never averaging down。当时我不能接受，因为我是决定要Longterm Invest而且是要低买高卖。

*但是今天我大多数都是买高卖更高的，也用averaging up。

3.        Benjamin Graham 《Intelligent Investor》

我也读过《Security Analysis》，但是读完过后我发现我完全对那书里写的东西没印象。原来我也有白痴的一面。

《Intelligent Investor》有教到要在蓝筹股中找到NetWorkingCapital 大过share price的股票。这应该是impossible了。所以我又放弃了这system。

*但是我在2008年的一部分资金用了这一招。50% profit。 Yeah!

4.        Warren Buffett：人家说Warren Buffett怎样说的书

人家说Warrant Buffett说要长期投资，当你买了一个股票就当作明天股市已关了，而且你要hold 一辈子。除非那公司的素质差了。哎哟，我不是天才，我怎样才能知道什么公司能hold一辈子呢？而且大多数的书都是别人说Warren Buffett怎样说。算了，我还是请教其他大师。

5.        Philip A.Fisher：《Common Stock Uncommon Profit》的第三章：买进那支股票

在第三章的15个买进股票的要点里，我只会回答第五个要点：这家公司的利润率高不高？

其他14个Point都是要观察business model的Point，如第15个Point：这家公司管理层的诚信正直态度是否毋庸置疑？hello，我怎样去知道咧？Google了也只知道管理层有6个公的，一个女的。

*Philip A. Fisher先生，不是你的错，而是我懒惰去观察公司的点点滴滴。我还在学习怎样已business model方式来观察一个公司。

6.        John Neff：《JohnNeff on Investing》

我忘了这书的要点，好像第一个就很难fullfill了，那就是要等好股票跌50%。我可能要的几年才会有酱的事情发生。

*John Neff先生，不是你的教导有问题，只是我比较没耐心等。

7.        PeterLynch《One Up on Wallstreet》 – Highly recommended to read

这是其中一本影响我最深的书，Peter是很有趣的表达方式来说故事，表达他怎样在股市中选股。这本书我差不多读了二十多遍，每年都至少会重读一次。

起初我要用Peter的战略时，会比较辛苦，因为书中都是故事。我必须一个chapter一个chapter来写下笔记。 当我做完笔记后，我还是blurblur的。

*不过后来，当我读了《Rule#1》的书就容易很多了。我就马上明白PeterLynch所表达及他的invest system是应该怎样开始选公司，怎样monitoring，怎样exit。什么时候该hold，什么时候该sell。

**PS:这些大师的招数肯定能在股市赚钱的，只是这些招数不符合我的心理学。例如，我比较没耐性，我不喜欢看着我的钱在银行里睡觉。很多招数是可能要等5年才能买股票。但我没那耐性。有些招数是要你很仔细地观察一个股票公司的素质。我还没有生意头脑，所以要怎样观察咧？我的强项是数学及概率probability，我现在所用的方式比较偏向 probability。

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回忆中 -- 新手的开始

当年我才开始接触股市时，我学习的方法是通过书本，也是比较慢的方法。读了一本书后，就试着用书中所教的东西来分析公司，来分析报表。

我在这写下那时候的我用William O’Neil的CAN-SLIM方程式来做的过程。

C – Current Quarterly Earning per share. 公司最新季报表的EPS最少要25%的growth。

*我对consumer sector的公司比较有兴趣，所以就从Consumer Sector的ACOSTEC公司下手，直到YSPSAH。当时只有几家meet到这requirement如：DLADY，MAMEE等等，我忘了当时我还选什么公司，但印象较深刻的是这两家。

***2011年感想：当时我没注意到MAMEE的EPS growth会高的原因是它上一年季的EPS很差，而这年的季EPS是soso而已。所以才会使到它这季的EPS growth超过25%以上。

A – Annual Earning Increases. 公司的5年EPS annual return最少要25%以上。

*DLADY和MAMEE都没meet这条件，所以ConsumerSector全部都fail在这条件。之后我就去找其他我知道又出名的公司来查看如：GENTING，PBBANK，MAYBANK，MAS，KFC等等。没有一个公司能fullfill 五年EPS annual return 25% 以上。我就想出了一个方法，就是modify CAN-SLIM的requirement咯。呵呵！把annual return的条件降低到15%就行了咯。呵呵！

***2011年感想：后来，我才发现，请不要随意改变Invest system的条件，因为一个投资家的system里每个条件都是息息相关的。除非我明白他那条件的用意。

N – New Products, New Management, New High.公司有没有出产新产品？还是已换新的管理层？股价已创新高了吗？

*MAMEE当时有出些新的零食产品。酱就算有New Products了咯。呵呵。 有meet一个requirement了。

***2011年感想：当时我这新手没去注意到，PotatoChips啦，MameeMonsters啦，是不是只占Sales的一小部分。所以零食的新产品对Sales影响不大。而且我也没观察这产品是否能变成市场上的bestseller。

S – Supply and Demand.公司的Trading Volume是增加或减少？

*MAMEE的trading volume好像一直上升，ok啦，当作这条件已fulfill了。

L – Leader or Laggard. 公司是在自己领域中的佼佼者或最强的吗？

*MAMEE的最强对手应该是NESTLE。若NESTLE是第一，那么MAMEE算第二，也是one of the Best咯。

***2011年感想：当时我应该把其他外国公司，或没上市的公司也一起来分析。

I – Institutional Sponsorship.公司被大基金拥有了多少巴仙？

*到底要看多少巴仙呢？从annual report看，大股东是Pang家族，其他基金占很少，应该算ok了吧！

***2011年感想：到今天我还是不大清楚大基金拥有多或少会怎样影响O’Neil的system。看起来，O’neil要求的是大基金拥有的份量越来越多就算过关。

M – Market Direction. 要用cup of Handler或当股价创新高时才买。

*要用cup of handler的technical analysis来买股票。当时我认为，我要成为Fundatmental Investor，所以我要忽略这条件。

***2011年感想：我不应该排斥Technical Analysis或者是Fundamental Analysis。现在我才发现没有一个完美的投资方程式，只有适不适合我的投资方程式。

其他重要条件：WhenToSell -- Always, without Exception, Limit Losses to 7% or 8% of Your Cost.

*我是要长期投资的，我要买了就当作明天没开市了。我不可能会7%Cut Loss的。所以我要自己改这条件，把这条件换成Never Sell Unless The companies quality is drop!

***2011年感想：后来，我才发现，请千万千万不要随意改变Invest system的条件，因为一个投资家的system里每个条件都是息息相关的。除非我真的真的明白他那条件的用意。例如这CutLoss的条件。

1. 因为O’Neil 的理念是买创新高，然后卖更高。如果一支股开始跌了，那就要赶快CutLoss，它大多数的机会是会跌了，跌更多。所以当我改后，股票跌了，我还在死守着。因为没7%CutLoss，所以我Loss了30%。

2. 因为O’Neil 的理念是买创新高，然后卖更高。如果一支股的5年annual EPS growth没超过25%，它很大的机会,不会创新高后，再创更新高。

3. 因为O’Neil 的理念是买创新高，然后卖更高。如果一支股在创新高时的trading volume低，它很大的机会不会创新高后，再创更新高。因为不够supply来support它。创新高时的trading volume一定要高的条件，当时的我忽略了。这是其中一个很重要的条件。

4. 等等...

结论：

1. 我不可以轻易改变一个投资家的system，除非我明白他那条件的意义。

2. 现在我才发现没有一个完美的投资方程式，只有适不适合我的投资方程式。

3. CAN-SLIM这方程式不大适合用在马来西亚股市，除非要把它改变一些。我不知道怎样改变，后来我就放弃这方程式了。以后可能进军美国股市时，可以在拿出来用。

4. 有时候，我会misunderstanding书里所教的东西，所以要不断的温习，思考，检讨来明白。

END

我这新手开始学习时，真的是走了很多冤枉路，撞了几次的墙 ，有时还撞了同样的墙几次才醒 。尝试了很多个system才渐渐的发现那个适合自己。

原文来自 investtalk

Statistics show that most equity investors including professionals cannot beat the stock index. Studies have also shown that more than 80 % of day traders lose money mainly due to transaction costs and they select shares based on hot tips. There are several reasons for their poor performance but the most frequent mistake is ‘loss aversion’.  This is a psychological obstacle which has been consistently affecting their performance especially in view of the ups and downs that is the normal behavior of the stock market.

How to select shares?
It is easy to master all the basic fundamental principles in stock selection. The most important criterion, in my opinion is that the stock must be ‘Undervalued and with good profit growth prospect’. I will not buy a stock which does not have this quality. In other words – buy on solid evidence of value and good profit growth  – not on the basis of speculation or hot tips!

After you have bought some stock that you think can perform well, you will have to decide when and which stock to sell. Often many investors make the mistake of selling the good ones to lock in profit early but retain those that are not performing because of their aversion to taking losses on these. Some regret their action later and may even jump back into the market to buy the same stock that they had just sold but at a higher price. Most of them do not jump back into the market for the stock and they can only watch the stock go higher and higher.

Loss Aversion:
Some investors may object to the implication that loss aversion is a bad thing. After all, it is a very natural behavior. They might justifiably point out that the tendency to weigh losses more heavily than gains is a net positive attitude. After all, investors who care too much about possible gains and too little about potential losses, run a great risk that can threaten their portfolios. It may appear better to care more about the share price falling than hoping for it to climb higher.

True enough; loss aversion can be helpful and is part of a conservative strategy. But an over sensitivity to loss can also have negative consequences. One of the most obvious and most important areas in which loss aversion skews judgment is in selling too early and missing the additional profit if you dare to hold it longer. Very often even clever investors who are well versed in stock selection cannot overcome this psychological fear.

What is tricky about this concept of loss aversion is that it can often lead us in the opposite direction- to hold on to a losing investment for longer than we should. I asked one of my friends why he sold a particular stock instead of selling his other holdings that he bought at higher prices? He said that he did not want to recognize the losses but preferred to lock in the profit. This is the most common mistake committed by investors because they do not want to admit their mistake of picking the wrong stock. Moreover, the profit from the sale could easily cover the losses.

Studies have shown that on average, it is easier for well managed companies to continue their good performance than for bad companies to improve their poor position. That is why we should not sell good shares too early and retain the bad shares.

Why invest in public listed shares?
Statistics show that our Malaysian Stock Index has an average annual growth rate of about 10% which is more than most other forms of investment. You can make more than 10% if you buy really undervalued stocks with good profit growth prospect.

There is a classic saying ‘you can still buy the winning horse after the race in the stock market’. It means that you can still buy shares of really good companies after they have announced their good results.

Moreover, profit from share investment is tax free in Malaysia. You do not have to deal with people which is the most difficult from my experience, as you can never satisfy everybody. You do not have to consult anybody if you want to buy, sell or hold. Another advantage is that there is no bad debt, all cash deal.

When to sell?
After having said all that about selling too early due to the loss aversion phenomenon, we must not forget that no share can keep climbing up and up indefinitely for whatever reasons. In other words, we must not be too greedy and wait for the bubble to burst. Hence the time to sell is when the reasons you bought the share – undervalued  and good profit growth prospect – are no longer there or valid. Sometimes you have to sell to raise cash to buy another stock which is better.

By Koon Yew Yin

*original article from kclau.com/investment/clever-investors-big-money-mistakes/

When I was 17 years old, I used to work and study for about 20 hours a day. I went to school, did my homework during breaks and managed a not-for-profit organization at night. At that time, working hard landed me countless national campaigns, opportunities to work with A-list organizations and a successful career. As I got older, I started thinking differently. I realized that working harder is not always the right path to success. Sometimes, working less can actually produce better results.

Consider a small business owner, who works non-stop. However, working hard won’t help him compete with his multi-million competitors. Time is a limited commodity. An entrepreneur can work 24 hours a day and 7 days a week (the most amount of time anyone can work, really). His or her competitor can always spend more money, build a bigger team and spend a lot more time on the same project. Then why have small startups accomplished things that larger corporations couldn’t? Facebook bought Instagram, a 13-employee company for a billion dollars. Snapchat, a young startup with 30 employees is turning down offers from tech giants Facebook and Google. Part of their successes were based on luck — the rest is based on efficiency.

The key to success is not hard working but smart working.
There’s a notable distinction between being busy and being productive. Being busy doesn’t necessarily mean you’re being productive. Being productive is less about time management and more on managing your energy. It is the business of life. We need to learn how to spend the least amount of energy to get the most benefits. I am so lucky to work with an amazing team here at Filemobile. Everyone always challenges me and helps me sort my priorities to become more productive. I learned to reduce my work week from 80 hours to 40 hours, and get a lot more work done in the process. In other words, less is more.

Here are the things I stopped doing to become more productive.

1. Stop working overtime and increase your productivity
Have you ever wondered where the 40-hour work week came from? In 1926, Henry Ford, American industrialist and founder of Ford Motor Company, conducted experiments with interesting results: when you decrease your daily working hours from 10 to 8, and shorten the work week from 6 days to 5, your productivity increases.


Source: Calculating Loss of Productivity Due to Overtime Using Published Charts — Fact or Fiction

The more you work, the less effective and productive you are going to become over both short and long term. “Scheduled Overtime Effect on Construction Projects”, a report issued by The Business Roundtable in 1980 states.

“Where a work schedule of 60 or more hours per week is continued longer than about two months, the cumulative effect of decreased productivity will cause a delay in the completion date beyond that which could have been realized with the same crew size on a 40-hour week.”
Source: Calculating Loss of Productivity Due to Overtime Using Published Charts — Fact or Fiction

In an article for AlterNet, editor Sara Robinson referenced research conducted by the US military that revealed that “losing one hour of sleep per night for a week will cause a level of cognitive degradation equivalent to a .10 blood alcohol level.” You can get fired for coming to work drunk, but it is deemed acceptable to pull an all-nighter.

Irrespective of how well you were able to get on with your day after that most recent night without sleep, it is unlikely that you felt especially upbeat and joyous about the world. Your more-negative-than-usual perspective will have resulted from a generalized low mood, which is a normal consequence of being overtired. More important than just the mood, this mind-set is often accompanied by decreases in willingness to think and act proactively, control impulses, feel positive about yourself, empathize with others, and generally use emotional intelligence.
Source: The Secret World of Sleep: The Surprising Science of the Mind at Rest
It’s important for us not to overwork ourselves and get enough sleep to maintain a high level of productivity. Next time you’re wondering why you may not be working productively, the reason may be simple as you being one of 70% of people who doesn’t get enough sleep.

Did you know?
Leonardo da Vinci took multiple naps a day and slept less at night.
The French Emperor Napoleon was not shy about taking naps. He indulged daily.
Though Thomas Edison was embarrassed about his napping habit, he also practiced his ritual daily.
Eleanor Roosevelt, the wife of President Franklin D. Roosevelt, used to boost her energy by napping before speaking engagements.
Gene Autry, “the Singing Cowboy,” routinely took naps in his dressing room between performances.
President John F. Kennedy ate his lunch in bed and then settled in for a nap—every day!
Oil industrialist and philanthropist John D. Rockefeller napped every afternoon in his office.
Winston Churchill’s afternoon nap was a non-negotiable. He believed it helped him get twice as much done each day.
President Lyndon B. Johnson took a nap every afternoon at 3:30 p.m. in order to break his day up into “two shifts.”
Though criticized for it, President Ronald Reagan famously took naps as well.
Source: 5 Reasons Why You Should Take a Nap Every Day — Michael Hyatt

On a personal note, since I started getting at least 7 to 8 hours of sleep a day, I’ve noticed a change: I became a lot more productive and got a lot more work done than when I worked 16 hours a day. Who knew sleeping was such a great tool for marketers?

2. Don’t say “yes” too often
According to the Pareto Principle, 20% of the effort produce 80% of the results; however, 20% of the results consumes 80% of the effort. Instead of working harder, we should focus primarily on those efforts that produce 80% of the results and forgo the rest. We will have more time to focus on the most important tasks. We should stop saying “yes” to tasks that bring low or almost no result.

“The difference between successful people and very successful people is that very successful people say “no” to almost everything.” — Warren Buffet.
This begs a question: what should you say “yes” and what should you say “no” to? If you can’t figure if something is going to be worth your time, consider running a simple split test. Track everything you do and optimize if it is possible.

Most of us say yes more often than we should because it is so much easier than saying no. Nobody wants to be the bad guy.


In a 2012 study published in the Journal of Consumer Research, researchers split 120 students in 2 groups. One group was trained to use “I can’t”, while the other was trained to use “I don’t”. The results were interesting:

The students who told themselves “I can’t eat X” chose to eat the chocolate candy bar 61% of the time. Meanwhile, the students who told themselves “I don’t eat X” chose to eat the chocolate candy bars only 36% of the time. This simple change in terminology significantly improved the odds that each person would make a more healthy food choice.
Next time you need to avoid saying yes, say “I don’t”.

Another great trick to avoid activities that don’t add enough value into your life is the 20-second rule: give yourself 20 seconds longer for activities you shouldn’t be doing.

Lower the activation energy for habits you want to adopt and raise it for habits you want to avoid. The more we can lower or even eliminate the activation energy for our desired actions, the more we enhance our ability to jump-start positive change.
Source: The Happiness Advantage: The Seven Principles of Positive Psychology That Fuel Success and Performance at Work

3. Stop doing everything yourself and start letting people help you
At some point in my career, I was managing a very large community and couldn’t handle it. I tried to do everything myself. I burnt out, but the community ended up taking over and managing itself. Surprisingly, members did a better job than I have ever done. I learned the power of community and why brands need user-generated content.

Consumers understand what they want and how they want it better than any marketer. Did you know that, according to Octoly, user-generated videos are viewed 10 times more than brand-generated videos on YouTube? When seeking information about a particular brand,over half (51%) of Americans trust user-generated content more than the content on the brand website (16%) or media coverage on the brand (14%). It’s important for marketers to open up and seek help from the brand’s community.


Source: Earned Media Rankings on YouTube — Octoly

Being a great content marketer is not about creating the best content, but building a great community that will generate high-quality content for you.

It’s important for us to realize we can seek help when needed. We cannot do everything ourselves. It is better for you to let someone who can do a better job taking over some of your tasks. It will give you more time to focus on your most important tasks. Instead of wasting your time trying to figure something out yourself, let the experts help you.

A lot of time, even if your friends can’t help you, having them around can help you become more productive.

Just having friends nearby can push you toward productivity. “There’s a concept in ADHD treatment called the ‘body double,’ ” says David Nowell, Ph.D., a clinical neuropsychologist from Worcester, Massachusetts. “Distractable people get more done when there is someone else there, even if he isn’t coaching or assisting them.” If you’re facing a task that is dull or difficult, such as cleaning out your closets or pulling together your receipts for tax time, get a friend to be your body double.
Source: Friendfluence: The Surprising Ways Friends Make Us Who We Are
4. Stop being a perfectionist
“We found that perfectionism trips up professors on the way to research productivity. The more perfectionistic the professor, the less productive they are,” Dr. Simon Sherry, a Dalhousie University Psychology Professor who conducted a study on perfectionism and productivity, tells University Affairs magazine. Dr. Sherry found a robust correlation between increased perfectionism and decreased productivity.

Here are some problems associated with being a perfectionist:

They spend more time than required on a task.
They procrastinate and wait for the perfect moment. In business, if it is the perfect moment, you are too late.
They miss the big picture while being too focused on small things.
Marketers often wait for the perfect moment. In doing so, they end up missing it.

The perfect moment is NOW.

5. Stop doing repetitive tasks and start automating it.

According to a research study conducted by Tethys Solutions, A team of 5 people who spent 3%, 20%, 25%, 30% and 70% of their time on repetitive tasks respectively reduced this time to 3%, 10%, 15%, 15% and 10% after 2 months of enhancing their productivity.


Source: Using Automation Software To Increase Business Productivity & Competitiveness -Tethys Solutions

A week ago, I spent 15 minutes writing a basic Python program. The idea was to generate content from the data, which I pulled from Twitter API using a Ruby bot, and use Hootsuite to bulk schedule them. While it used to take me an entire day to accomplish, it now takes me less than 5 minutes. Nowadays, whenever I do something repetitively (more than 5 times), I would ask myself if I can find a program to do it for me.

You don’t have to be a coder to able to automate your repetitive tasks. It’s nice to have the skills or the resources, but it’s not a requirement. If you cannot build it, buy it.

People often forget that time is money. People usually do things manually because it’s easy and requires almost no research. It is manageable to moderate 30 images on Instagram for your user-generated campaign. But if you have to manage 30 000 photos and videos from 5 different platforms, you need a good digital asset management software. At Filemobile, we help people to solve that problem generate even more user-generated content. Just like managing rich media, you can easily purchase a software to solve almost all of your problem on the internet.

If you still can’t find a solution, you can hire an expert to help you. Keep in mind that you need to spend money to make money and that time is your most valuable commodity.

source: https://medium.com/business-marketing/a988c17383a6