How to invest early in life
April 5, 2022
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How to invest early in life The objectives of my blog are to present and discuss up-to-date issues, especially financial
MY COLLECTION
A collection that’ll intrigue and entice you.
CATEGORIES
- Retirement planning
- Relationships
- Reading
- Politics
- Pension
- Parenting
- Mentoring and social responsibility
- Love
- Investments
- Financial education/literacy
- Education and continue education
- Aging
Live several lives while reading all of them
Author’s notable quotes
Walk on water, if you must, and get to your destination with all the energy you had been born
with.
It’s too late to reminiscence and says, “I wish I had bought one share of Microsoft or one
share of BET when they first went public (initial public offering) decades ago; I would have
been a rich person.”
If you choose to be a follower, thread with caution because what is good for the goose may
not be good for the ganders.
Warning! Don’t invest if it will give you sleepless nights or you’re unsure what you are
doing.
To avoid scammers, keep in mind that all that is glitters are not gold. If an offer sounds too
enticing, look into it with a clear mind and keen eyes before you run for it.
Follow your own star and not the star of others. You don’t have to answer or justify to
anyone about what is beneficial to you.
No knowledge is lost, as the saying goes. You may not feel the importance of education when
you’re acquiring it, but your education will remain part of your existence forever. Education is
like your car; you don’t drive all the time, but it is available whenever needed.
Sleep late, worry less and stay happy. Stop thinking the world will evaporate without you at
the wheel. No one is indispensable.
Now, take a breather and be grateful for what you are and who you are. Only you can find
your own happiness.
There’s no fit-all or all neatly arranged true or false answer to each question for everyone. What
is true at one stage of life may not be true at another age.
To live a better, productive and fruitful life is within reach of everyone, to a greater
extent.
It’s an irrefutable fact that everyone will get off the stage of life eventually
“Even if tomorrow may never come,” even if no one knows how long they will live,
it’s still advisable to do all you need to do at any age group with the expectation of
long life because there is always the probability that tomorrow may come.
Yes, you read it correctly; wealth and poverty do play significant roles in longevity.
Maybe the questions at this juncture should be, does every parent have the right stuff
to teach and direct their children properly at an early age?
To engage in a rational discussion or to have reserve knowledge with intelligent
arguments is greatly enhanced by reading and from the knowledge derived thereof.
Do you love yourself when you gained the whole world and lost your soul?
It has been documented that many people in Asia and African villages tend to live
longer because of the food they eat and the regular, daily physical regiments they keep,
sometimes by circumstances.
News flash, voting or not voting has more consequences than you can imagine.
I am sure you can save more than $1 a day. Do the numbers. You don’t have to wait
until the year-end to start investing.
However, even if you didn’t invest early, you should still invest at any time because
something done anytime is always better than nothing done anytime.
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Reading is the main ingredient of education and the creator of intelligence. Reading books, all forms of books, contains gold specks of knowledge.
You are not a bank. If you want to be an unlicensed banker, take all the necessary steps to act as a trustworthy lender.
Financial awareness should be the apex of every human being at an early age.
Don’t blame your financial institutions for doing their official responsibilities because they are performing their jobs.
Reading is the main ingredient of education and the creator of intelligence. Reading books, all forms of books, contains gold specks of knowledge.
Honesty to dishonest people is similar to a thief keeping their stolen money in a bank for safekeeping.
Financial awareness should be the apex of every human being at an early age.
If you cannot save the required set aside amount, save the most you can. Anything is better than nothing.
Solutions may not heal all problems, but the frame of mind to find answers is one way to develop and change your dynamics and attain the future you envisioned.
“Don’t give up or allow your mistakes to deprive you of the best times to come.
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About The Author
Wright Aloba has a master’s degree in business administration from the College of William and Mary, Williamsburg, Virginia and a bachelor of accounting degree from Norfolk State University, Norfolk, Virginia.
He was a former assistant professor of accounting and taxation for over 14 years. He is currently in private practice as a Certified Public Accountant (CPA), specializing in taxation, accounting, financial and management consulting services.
His passion, aside from his profession is education, in any form: Reading, learning and acquiring continuing knowledge everywhere available. His weakness is very simple: He has no patience for complainers. He admires and attracted to people with positive – solution-based mindsets. He advocates everyone to self-evaluate themselves periodically so that may discover where changes should be made for a better day, considering the ever-changing world.
Wright Aloba
My vision is to write on issues affecting the daily lives of individuals. To provide a platform where everyone can achieve their goals as early in life as possible, and at the same time, contribute positively to society at large. The platform I envision will also be a place to share ideas, practical knowledge, and opinions that will enhance personal growth, wholesomeness, self-empowerment and love for mankind.
My mission is to let parents, guardians and leaders accept and internalize that part of loving all children everywhere is to show and guide them the right ways to function properly during their developmental stage in life. The right ways will include but are not limited to teaching them good character, hard work, respect for themselves, respect for others, how to plan for their future as if they’re alone in this world (they may be alone someday), living a balanced life morally, physically, mentally and financially, so that in the end, they can leave this Mother Earth a better place than they arrived, for the future generations.
Frequently Asked Questions
Frequently asked questions
Have a query? Please check this question and answers
The earlier you are exposed to financial education, the better. In fact, the education should begin by parents/guardians. Financial literacy is an ingredient you will need in anything you do throughout life: As soon as you can walk is will be the right age.
Paying taxes after retirement is a sign that you did well in life. It shows that you worked hard, you saved, you invested well. Because as long as your total income after retirement is greater than government’s nontaxable threshold, you will continue to pay taxes, regardless of age.
The right age to retire depends on your financial preparedness before you
retire. You can retire at any age as long as you have the financial resources and possess the state of mind to continue the life style you desire after retirement. If you have the means at 30 years old, then, 30 years is the right age to retire.
Yes. Financial advisors should be able to go over your finances and determine if you’re ready for marriage, the financial obligations you will face during marriage. Remember that over 50% of marriages are in trouble because of financial stress and disagreements.
Congratulations on your retirement. I also hope you’re reading the book for
your pleasure. However, the suggestions in the book are not too late for anyone. By the way, making positive changes is never too late in life.
Please, share the contents of the book with your children, grandchildren,
family members and friends and let them spread their wings and become a middle class and beyond.
