Everyone has that special “Ting!” moment where they suddenly experience a mindset breakthrough to do something in their life, whether it is something significant or simple.
For me, that significant moment happened last year in the middle of December. It was just a normal day during the holidays, I was sitting on the couch when I suddenly realized that all this while I haven’t really leveraged on the amount of savings that I have. From all my effort in New Zealand during my studies, I had collected around Rm35k (working, doing surveys etc) and all of it went to my ASB savings.
That was the “Ting!” moment for me to start learning about investment. Since then, I did a few things to learn:
1. I bought and read books on investment (some of them are Robert Kiyosaki and William Cai, there are other fantastic books for you to learn too)
2. I went to my beloved Auntie Faizah’s house in Ipoh, Perak to learn on stock market trading
3. I read a lot of online blogs on investments
January 2010 came and I was eagerly awaiting the dividend payout for ASB shareholders. The dividend was roughly around 7%++ so I ended up with a return of around RM2600++ (which is not much considering how much I can generate with RM35k if I had made better investments). I still wasn’t confident to start investing in January since I was still in the midst of learning about investments.
In February, I withdrew all my ASB savings (left about Rm1000 for savings purposes) and put them in my investments. I had 2 types of investments back then, which were:
1. Stock trading investment
2. Business investment
More on the details of my investment later. But my point here is that whenever the “Ting!” moment comes, you have to take action and be willing to learn new things. As for me, I’m glad I made that move in December 2009, because if I hadn’t, I wouldn’t have gotten to where I am now.
Anyways, am going outstation on Wednesday and Thursday, so will be back hopefully by Friday