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WHAT THE WEALTHY UNDERSTAND ABOUT INCOME THAT THE POOR DON'T - PT2 ...By Oluwatosin Samuels In the preceding episode, I started to share on what the wealthy understand about income that the poor don't and we shall continue in that line of thought this week. Remember as I've said that being wealthy or poor in this context is not a function of what you currently possess materially but how responsive your mind is to creating advantage out of limited or unavailable resources. If you need any of the previous articles in the series, kindly visit www.reallioninvestments.blogspot.com I'll ask two questions at this point: 1. If you lose all you currently have (in assets and reserve fund) today, how would you approach things and how soon can you get back up? 2. For those who do not have as much assets or financial resources at the moment: if you are given a target to deliberately build your financial or social wealth for a particular time frame, how would you go abo...
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WHAT THE WEALTHY UNDERSTAND ABOUT INCOME THAT THE POOR DON'T... By Oluwatosin Samuels In the previous write-ups, I shared on the 4 major must have income sources for financial rest. However, in this piece, I'll love to share on how the wealthy approaches income versus how the poor does. **Point of note: my definition of being wealthy or poor in this context is not a function of the money stored in bank or asset worth but the function of the state of the mind - mindset! The first major distinction between the wealthy and the poor is that while one is satisfied with "source(s)" of income the other is scouting for "streams" of income. Sounds alike right? But they are actually not the same and I will explain with a story. Dekunle and Debola are friends living in the same village where there's been no water for a while and to get water means walking about 15km to the nearest waterfall. Then one day, a very wealthy man in the village summoned the...

4 MUST HAVE INCOME TYPES FOR FINANCIAL SUCCESS - Pt2

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4 MUST HAVE INCOME TYPES FOR FINANCIAL SUCCESS - Pt2 ...by Oluwatosin Samuels Happy Easter, So last week we started a discussion on the 4 important types of income types that we all must have if we are to succeed in finances. Have you ever wondered why lots of medium to high earners you know still live a borrowing life? It's because their only source of income is probably their job and like someone said, the word JOB is simply an acronym for Journey Of Borrowing while some call it Just Over Broke but whichever way, one source of income is never just enough. For the many financial challenges life is cumbered with, only streams of income would do. And this is why I do my best to encourage as many employed persons as I meet to learn to own side business(es) or have other financial streams because as it is generally known, if you don't leave your job, your job would leave you someday either through termination, poor health, resignation or retirement. Without much ado...

4 MUST HAVE INCOME TYPES FOR FINANCIAL SUCCESS

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4 MUST HAVE INCOME TYPES FOR FINANCIAL SUCCESS ...by Oluwatosin Samuels Dictionary defines income as money received, especially on a regular basis, for work done or through investments. In recent times, I've been undergoing some personal study on money and finances after a very embarrassing season I had to go through. Let me state for emphasis sake that I learn and teach better by personal experience than I ever do by reading the best of books or watching videos on life matters. That said, I've learnt that there are 4 highly important income sources that an individual should have if he's to live a quality life on earth and I will go straight to discussing them: 1. Daily income: This income type should come daily and in regular amounts. It is the most important income that every person must have. And why is that? Each day comes with it's own expenses. If you can secure a daily avenue of wealth no matter how meagre it is, you begin to find financial rest. ...

TOP INVESTMENTS TO CONSIDER IN 2020 Pt 4

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Asides the fact that agriculture offers so many privileges to men such as the abundance of food, provision of raw materials for clothing and shelter, foreign exchange-earners among other things, it is also a highly lucrative investment opportunity for daring investors. Certain factors are necessary for consideration to have a successful output from agricultural investments and these include: 1. A reasonable capital base 2. A good technical know-how 3. Availability of land 4. Seasonal variation 5. Availability of market 6. Government policies 7. Adoption of advanced technology These factors are indeed salient and cannot be over-emphasized when it comes to farming successfully. Another factor of utmost importance for any successful farming business is the need for sound managerial skills and systems. While many love to practice farming to meet self and family needs, a lot more would rather choose to farm for commercial reasons. The agricultural value chain is so inte...

Wake-Up Call To #Blockchain #Technology

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So many people around the globe are still yet to fully grasp the kind of disruption that recently emerged in the world space. The advent of blockchain technology is no child's play! Not at all. Sad it may seem, this technology is here to usher in some remarkable and revolutionary paradigms, that will displace many out of their 9-5 jobs; while thousands of thousands will also take up new jobs at the same time. Topmost among those that would lose their jobs are the bankers! Yes, you heard me right - THE BANKERS. Many of us won't believe that several bankers today still do not know that there is such a thing called the # bitcoin , not to talk of even having the minutest idea of the broader scope of what cryptocurrency or blockchain technology is. I'm not making stories up, because I have met and interacted with numerous bankers and even their managers - many do not know "jack" about this disruptive technology. In case you doubt me, let me give you an overview of...

TOP INVESTMENTS TO CONSIDER IN 2020 Pt 3

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Let's Trade Forex.... In the previous episode, Digital Asset Investment was proposed as a very lucrative investment to consider before the year ends. Alright, let's get further, and our topic for discussion is FOREX. Yes, as simple and as popular as FOREX investment is, so many people dread it so badly: but here is me telling you that it's another great place to plug your money. And I'll tell you why? FOREX simply means Foreign Exchange and it stands for the international market where all forms of currencies and commodities are traded. Forex , also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. Do you know that over 5.3 trillion dollars circulate in the Forex market on a daily basis? Forex is very important to the wall street financial moguls because they understand the wealth therein. Banks and several giant companies and institutions employ experts to trade Forex on their be...