7 cardinal rules for moneymaking in the American style

7 cardinal rules for moneymaking in the American styleEveryone, are you interested in moneymaking? No matter how much money is, it will not lie in your way. But it is not going to be accumulated spontaneously if you live commonly.

There is the technique for moneymaking. Definitely it pays to know it. Therefore here is the theme today. It is forthrightly the title “7 cardinal rules for moneymaking in the American style.” You may feel like saving money just with hearing it. Then I will tell about it at once.



7 cardinal rules for moneymaking in the American style

 

1. Abandon a sense of fear


Moneymaking requires momentum in any way. Once you miss the chance such that “It is the timing!” in the case of stocks or FX(margin foreign exchange trading), it is possible that you cannot save the money that should be accumulated. At that time, if you had a sense of fear, it could be that you might miss a golden opportunity.

Since it is different from steadily making money with zero risk, it sound like common sense that the person who will perform asset management for the first time feels a sense of fear or anxiety. But you should not feel it for all time. It is the necessary factor for moneymaking that you overcome somehow and become audacious!

 

2. First understand what kinds of asset management there are


The money does not increase spontaneously even if you vaguely think “I want to save money.” There are various ways for asset management, and there are real estate, stocks, FX(margin foreign exchange trading), and NISA(tax-free small-lot investment program) for representative examples. About these matters it is not necessarily appropriate to suggest which is good or not.

It is related to your personality. Can you take time steadily day after day? Are you cut out for not the long-term method but the short-term one? It depends on your own personality like that. If you will perform moneymaking earnestly, you should try it with the best method you do not feel burdened.

 

3. Do not be afraid of a small risk


If you are afraid of a risk, you cannot accomplish moneymaking. I understand the feeling that you may hate to lose even 1 sen, but the moneymaking will require that you must make a little more investment. It is not different from the savings you save surely and steadily but the asset management. There are some people who sometimes fails in attempting to earn heaps of money.

But you had better earn back it. It goes well actually if you take such a proactive stance on it. When you think about a method of moneymaking, it may be good that you bear the disadvantages in mind from the beginning..

 

4. Look at the world


If you see only the economic situation of Japan, you cannot perform moneymaking. What happens in the world now? What happens in Japan seen by the world? Can you not do moneymaking using the differences between the money exchange rates in the world and Japan? You should always direct your antenna toward the world passing over Japan. Since the world situation is rapidly changing, it is important to find a chance by yourself and launch moneymaking.

You should be always conscious of several countries such as United States, Australia, Taiwan, China, Singapore, and so on.

 

5. Do not forget a common-sense feeling


You must not always forget general senses to succeed in moneymaking. You must understand properly what is a gain and what is a loss, and the ruler of the sense of money must always keep constant. There is often the person who sometimes forgets a general sense when blinded by money only. He will lose money someday with that. In fact, it is very important not to forget a common-sense feeling.

 

6. Becomes sensitive to economic conditions in the world


If you suddenly think about what happens in the economic situation, you never succeed in moneymaking. It is changing every day in the world. There is a change every hour or every minute. I will not say that you should care about it every minute or every second, but it is valuable to extend your antennas throughout everything such as the advertisements on train, newspapers, internet news, conversations with people. There should be a lot of sources of information and it is important to write the new information over the existing one.

 

7. The feeling of managing your money by yourself


If you have the strong desire to save money or to make a success of asset management, you must never forget the feeling that you manage your money by yourself. The strength of the feeling not to waver in performing it by yourself without leaving it to other people is related to all actions. Most of people succeeding in moneymaking have a very strong sense of responsibility. You need to continue to have such a feeling that you take a risk on your own and also getting money depends on you.

 

How about things mentioned above?

That’s it. I have presented the theme of 7 cardinal rules for moneymaking in the American style. This time I told about motivation and feelings. It is certain that the strength of the fundamental mind is related to moneymaking. It is you who make money! This might be the most important cardinal rule. I hope your asset management will be successful.

 

Summary

7 cardinal rules for moneymaking in the American style

1. Abandon a sense of fear
2. First understand what kinds of asset management there are
3. Do not be afraid of a small risk
4. Look at the world
5. Do not forget a common-sense feeling
6. Becomes sensitive to economic conditions in the world
7. The feeling of managing your money by yourself