by Helmi Hakim | Nov 13, 2007 | Investment
Today’s story is about the importance of setting Goals.
TWENTY YEARS LATER
In 1953 Yale University did a research on its graduating seniors.
The graduates interviewed were asked if they had a clear, specific set of goals written down with a plan for achieving those goals.
Only 3 percent had their goals written down.
Twenty years later, in 1973, these surviving graduates were tracked down and interviewed again.
It was discovered that the 3 percent with specific written down goals were worth more financially as compared to the 97 percent put together.
They were also more successful in other areas of their lives.
SUCCESS PRINCIPLES
The above story clearly demonstrates the importance of having specific written down goals.
The goals must be specific in terms of what you desire, the precise date you desire to achieve it, and what you are willing to give in return for the goals.
It must be written down and read every single day.
If you write down something that you may not believe at the moment but if you read
it long enough, you will start to believe and act upon it. 🙂
by Helmi Hakim | Nov 5, 2007 | Motivation
Once, there was a General who wanted to cross a river.
He was unsure of the depth of the river, and whether his horse could make it across the river.
He looked around for help and saw a little boy nearby.
He asked the boy for advice.
The boy looked at the size of the General’s horse and paused for a moment.
He then confidently told the General that it is safe for the General and his horse to cross the river.
The General proceeded to cross the river on his horse.
As he approached the middle of the river, he suddenly realized that the river was, in fact, very deep, and he almost drowned.
After he recovered from his shock he shouted at the boy and threatened to punish him.
The boy was stunned and innocently replied, “But General, I see my ducks crossing the river everyday without any problem, and my ducks have shorter legs than your
horse”.
SUCCESS PRINCIPLES
If you need advice, get it from people who know what they are talking about.
Napoleon Hill says that, “opinion is the cheapest commodity on earth”.
Make sure you review for yourself the opinion of others before you act on them.
by Helmi Hakim | Nov 1, 2007 | Investment
6 out of 10 Singaporeans are seriously worried about having too little money in their old age, but only 1 in 10 has actually saved for retirement in the past year.
These are among some alarming statistics to emerge from an HSBC global survey of people’s attitudes towards ageing and retirement.
The survey covered more than 21,000 adults in 20 countries and territories, including 1,000 adults aged 18 and above in Singapore.
Many of the findings are rather alarming.
Some 40 per cent of those surveyed here said they have never saved specifically for retirement and 62 per cent have never sought information on retirement planning.
8 in 10 said they have not made a will, despite the fact that almost the same proportion of the respondents are aged 30 and above.
Almost 80 per cent said they have never made arrangements for care in their old age, although more than half of the respondents are aged 40 and over.
This trend sometimes makes me ponder and think….
As a financial associate, I see this statistic as a proof that there are a lot of people out there who will need my service, and here I am to render my service to you.
If you are one of the, you can call me or drop a message for me to meet you and conduct a full scale financial needs analysis with you 🙂
