My Mind My Wealth - Wisdom Principles For Life - You Can Make It!

This is a space of TRUTH where you can get inspiration to Impact your personal life and the life of others, I chronicle some of the things I have done, I share my failures and successes in regards to personal finance, personal leadership etc. I also share other inspirational stories of men and women who have shaped this world in this area. Your attitude and mindsets will be reset to start believing that you were designed to do more with what you have (I call it re-writing personal finance).

Monday 2 February 2015

Invest based on KNOWLEDGE and not SPECULATION

The same thing about knowledge comes back whether we want it or not.

When we have knowledge we are informed. Some one once said that it is hard to manipulate people when they are informed. This same principle applies to financial management and investment in relation to your financial goals.

When you don't have knowledge, it is a recipe for disaster, knowledge makes you make informed decisions and such can make you avoid GET RICH QUICK SCHEMES and appreciate going through the process of a well researched investment opportunity or product or service.

I quote Sylvia Juuko "Any empowered investor will choose where to invest based on knowledge and not speculation, and this will be in line with heir financial goals"

Remember Hosea 4:6 says My people perish for lack of knowledge