
5-8 October 2006
Truly life-changing days! Went to ADAM KHOO LEARNING TECHNOLOGY GROUP'S WEALTH ACADEMY - it's pulsating pace of chock-a-block-ful information and very valuable money-making tips! Enlightened this little-frog-in-the-well about the wealth-creating passive streams of income that recur to give additional $$$.
It's a joy to surround myself with enthusiastic, high-energy people who have all the qualities of a WINNER, which is what I want to be! Adam & Stuart were particularly energetic. Our lessons start at 9am and stretch all the way to 1pm (which leaves around 4 hrs of sleep per day). By the time we say goodbye, it's actually also time to say 'Good Morning!' In spite of this, their voices never once falter because of their punishing schedule.
IMPORTANT LESSON:
IF YOU WANNA BE SUCCESSFUL, YOU MUST HAVE A HIGH ENERGY LEVEL!!!
Also particularly enjoyed the interactive learning games, especially the 'gambling' game where all of us revealed our true selves - how you react when the market is going on a bull or bear run. (I made a NP of $51 :) )
It also opened my eyes to what REAL investing is! My erstwhile strategy of investing and holding on to a diversified portfolio of unit trusts for capital appreciation is all wrong! Adam fed us with practical tips on how to invest in ETF, US stock markets, value and momentum investing..and what WARREN BUFFETT is buying!!. Truly exciting!!! I just wished I hadn't put so much money into unit trusts and have started liquidating some cash cows for setting up my USD accounts to start trading. How nice it is to be a part-owner of WALMART, GE, GOOGLE, NIKE, etc.....
So it's Bye-bye to my spending days. Instead of amassing stylish Nike tees, I'd rather be stylish accumulating NIKE shares now...
For Adam's post on Wealth Academy Oct 2006, go to www.adam-khoo.com
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