Living rich, Thinking rich: Your Dreamhouse?
At the start of the year 2022, I was thinking of writing a book that was related to finance, investment and retirement. Not to influence others but also on myself. Reminds me to think wisely in any of my decisions made in the future. Writing with this kind was a new challenge for I am just an ordinary man with some words to speak but still I will keep writing. Moreover, I also wanted to share with you the content of my work s who knows who shall receive the same mindset as I do?.
INTRODUCTION
“Whom shall I share my secret? It must be myself alone next to others”-Eunoia
Imagine that I am a genie and I won't give you three wishes rather than give you two choices of my gift. The first one will be ‘One million worth of house’ or the second which will be the ‘one million worth of savings?’. Think carefully when deciding because you have only ten seconds to decide, and what comes first in your mouth will be the final answers.
The ten seconds represent the years of your working life, that’s how it started. Ten years from now what will you be? A redundant question that comes naturally in the teacher or anyone mind. That’s how things go, good or bad.
Understanding everyone, the person who has no home or just renting their living space will surely choose the first one, one million worth of the house, that’s the first dream of everyone, having your own home to call on, sleep-space for the rest of the night.
Others much like to get the savings, not only because they have their own home but maybe they understand more things in financial terms. How money goes and how it loses at the same time.
That’s me, I will surely choose the savings first of thinking that money will be the things I need rather than the house.
Actually, the first choice was a trap. If you choose that one you will be endangered and the genie will be happy for that, genie represents your works, whatever fields you are in right now. If you choose the house rather than save, you will meet the genie again for the next ten years.
Why? Just the house. Some people bought a house that was huge and next year they will abandon or sell the house because they realized that they made the wrong decision of choosing it.
Having a huge or beautiful house also needs maintenance, and if you lived in a huge house but with no savings, you will end up working in exhaustion, even looking for a night job just to pay the bills on electricity, water and even the security of your home.
The genie also never said that the lot or land your house build-ed was free, so you must pay rent for the land usage.
But in the realistic ideology, when you are working for ten years just to build your dream house will somehow be a great danger to yourself. When you focus on investing in your beautiful home you will be subjected to great loss when times come. Like calamity or natural phenomena.
Have you seen some houses that were damaged by floods or earthquakes? How beautiful the house you build but nature gets to the point of losing you won't get anything back, especially the time where you work hard for your dream house.
Then I looked at the one who must choose the 1million worth of savings, much now the one million had profit and had 10 million now while watching the person who had the house instead of savings. That’s how investing works, when you work for 10 years with investment from what you profited, comes the day where your dream house will be built with more features than what you were expecting.
The moral is that we look too much into dreaming and we are willing to do everything for this, but we are not aware of the future cause of our actions.
That’s how the Living rich and thinking rich created. Other people are just living rich with no thinking that they could lose their assets within a wrong movement of cash. Thinking rich are those people who also think that there will be times that the money they hold will be gone so they need an alternative that is investments.
The investment wasn’t just financial for sure. House is also an investment to others, well in other ways too the man who chooses the one million worth of house if she or he makes it a business-like room rental or whole house rental for sure he will also have no problem in the future.
That’s how life is. The strategy makes you stand out from others, we had different kinds of thinking. If we choose the trap from the genie then make and dig a hole to escape the trap not just to sit and wait for someone to help us. Moving forward for the better.
This is just my thought and thinking toward investing. Not financial or investment advice but receive it as your hanging things to think about. Thanks For reading…
Bahay lang naman sabi e walang fudangs at mga gamit haha passed! Sa savings tayo at palaguin 😹