Key ideas that help define your
immediate net worth
How
viable is your investment? Have you ever considered diversifying your business
ventures? Is it worth investing with 'unreasonable' capital outlay? How can I
spend my income and at the same time end up with little savings for my business
take off? Do I even have an Investment in the first place?
I was astounded when I read an article by Murori Kiunga: Self-employment differs from business ownership. He argues that when one is self-employed they are technically employees but with many responsibilities and their employer is themselves. Does this add up? Well, self-employment will soon be the best paying jobs and if coupled with ever growing business establishments, then within a streamlined projected path, one will wonder why they never changed jobs long enough.
‘Its time to get back to simple basics’- many analysts argue that those are mere words. One thing stands out though from their divided opinions; they haven’t fallen on deaf ears. It does not matter any more what social status one hold but how much one is worth. This is how the modern world has changed. The times when people used to wait till they are over 30 to make investments are long gone. Many and many young people have changed the business front of yesteryear to the better with their ‘unspeakable’ varied establishments. Radar Screen-Reuters reported on how peer-to-peer job websites inspire small entrepreneurs. According to them, despite the experienced credit crunch in the world economies, increase in online market places promises to generate new employment opportunities. The question is who the beneficiaries of this employment are. Do we have to let the western world enjoy this opportunities or we will compete favorably and aim at overdoing them? It’s not a matter of saying yes but how the yes is translated into yielding enough sectored results on the subject matter.
I was astounded when I read an article by Murori Kiunga: Self-employment differs from business ownership. He argues that when one is self-employed they are technically employees but with many responsibilities and their employer is themselves. Does this add up? Well, self-employment will soon be the best paying jobs and if coupled with ever growing business establishments, then within a streamlined projected path, one will wonder why they never changed jobs long enough.
‘Its time to get back to simple basics’- many analysts argue that those are mere words. One thing stands out though from their divided opinions; they haven’t fallen on deaf ears. It does not matter any more what social status one hold but how much one is worth. This is how the modern world has changed. The times when people used to wait till they are over 30 to make investments are long gone. Many and many young people have changed the business front of yesteryear to the better with their ‘unspeakable’ varied establishments. Radar Screen-Reuters reported on how peer-to-peer job websites inspire small entrepreneurs. According to them, despite the experienced credit crunch in the world economies, increase in online market places promises to generate new employment opportunities. The question is who the beneficiaries of this employment are. Do we have to let the western world enjoy this opportunities or we will compete favorably and aim at overdoing them? It’s not a matter of saying yes but how the yes is translated into yielding enough sectored results on the subject matter.
Simple economics presents an
equation that Income equals Consumption plus Savings. When either of savings or
consumption component reduces, the reverse factor of income increases
proportionately. What this equation does not explain however, is how to improve
on savings while at the same time maintaining a stable consumption pattern. I
believe we need an idea then nurture the idea to make it produce real time
ideas that can make a viable investment idea. Idea? Yes! Idea. If you do not
have an investment due to assorted reasons well known to yourself, make an immediate
investment in an ‘IDEA’.
Nice input. I agree with you on the call for the young minds to respond to eminent need for take off in business investment. While opportunities come calling, the majority fail to make the obvious step due to apparent lack of rather practical financial information. I remember a radio presenter generating a debate that despite the many years television stations have been airing business reports and news, very few people actually understand the stock market dynamics. Maybe you should do some research on this and do a simplified version of business watch in the context of stock market. Keep em coming
ReplyDeleteThanks Steve. The problem is not understanding the stock market dynamics but rather the stock market itself. Many are still of the opinion that NSE belongs to the 'old' which renders their quest for information on NSE irrelevant. Anyone can invest at the NSE provided you fully understand the stock you are buying and your expected return timelines.
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