by Helmi Hakim | Feb 26, 2008 | Motivation
My colleague sent me this, and I find it encouraging.
Many times, we want to find “secrets”.
We love “secrets”.
Because we associate them with excitement, mystery, and a tinted taste of pleasure.
Here…I am going to share with you, secrets for success.
The message is simple but full of meaning.
Interpret it! 🙂
by Helmi Hakim | Feb 24, 2008 | Insurance, Investment
I realised that everyone can achieve financial freedom in Singapore.
To me, financial freedom is having your passive income exceeding your monthly expenses.
Which means that even you SHAKE LEG, all your expenses will be taken care of, without having you need to work.
There are many strategies that you can use to earn passive income.
I will share with you on how I will generate my passive income.
1) Through my job as a financial associate
From my job, I can create passive income streams.
Right now, I am earning about $1000 of passive income per month if I choose to sleep at home every day.
I will increase it day by day.
2) I am targeting a condominium house in Malaysia.
Yes. I am targetting, one in Danga Bay.
First reason, because its near my house in Woodlands.
Second reason, because the capital appreciation for the properties there is increasing fast and furious.
Third reason, Malaysia government is going to pump billions of dollars for the Iskandariah project.
…and many many more reasons.
I will get an agent to collect rental on my behalf every single month.
3) Royalties from my books.
As I become popular and successful, I will share with everyone of practical methadologies that I have been using to propel myself to success.
If I can do it, anyone in the world can do it.
Everyone can do it!
I am going to write books (cant disclose the topic now…psst…secret) and earn royalties from it.
4) Invest in shares where the companies have history, giving dividends generously to shareholders.
Yes.
This is one source of passive income you can look into.
Of course, you need to check other relevant factors like the transparency of the management, company performance, ROI, cashflow statement, PE Ratio, etc2.
5) Affiliate Marketing
As I become established, I will work with all the rest of the top advisors in this field.
If I find their products (e-books, softwares etc) is useful, I will definitely recommend to others and gain passive source of income from there.
6) Advertising
This will be something minimal.
I am yet to be expert in it, but I will somehow find strategies to earn passive income from it.
Yup… Pray for my financial freedom to come sooner! 🙂
by Helmi Hakim | Feb 20, 2008 | Investment
Some people asked me for advices.
“When is it the right time for me to enter the market?”
“Will the Singapore economy do well in these coming years?”
“I DON’T think we should invest now. The market seems uncertain.”
” I think we should invest now, because market price is low. We should capitalise on this opportunity asap before it’s too late!”
A lot of statements have been made by others.
Well, I have another SECRET to share with you here.
This is a well known secret.
You may know it.
OR you may not.
OR you can pretend not knowing it.
The truth is “NO ONE IN THE WORLD CAN PREDICT THE FUTURE“.
If someone tell you, that he could, he’s lieing.
He just based on assumptions and hypothesis.
No one can say for sure that the market will go up further or the market will tumble like there is no tomorrow.
No one can say that.
What we know for sure is “market cycles”.
All of us know that whatever comes up will go down and whatever goes down will comes up again.
…and investing in funds is very, very different compared to investing in penny stocks (small, cheap stocks).
Small companies can tumble and go bust.
…but funds are different.
Performance of funds that is worth billons of dollars can goes up and can goes down.
BUT never goes bust.
When you invest in funds, you have to adopt the mindset of an investor.
When the market goes up, it is good for you.
When the market goes down, it is also good for you.
Why do I say that?
You see. You can never control the market BUT you can take advantage of the market performance if you CHOOSE to adopt an investor mindset.
You see, many people are emotional when investing their money.
Emotions and money cannot mixed.
You must SEGREGATE them.
You must think logic when it comes to investing.
When the market goes up, it is good for you because the VALUE of your units goes up, which translate to good profits if you choose to liquidate them at that point of time.
When the market goes down, it is also good for you because it presents you an opportunity to buy units at “discounted” price.
This is where you “top up” your units.
Lots of people out there, start to “kan cheong” when the market goes down and do exactly the opposite to my advice.
They sell and realised their loss.
That is why I always advise my clients on the mindset of an investor.
I am happy that my clients subscribe to my idea and remained as my loyal clients till today.
Thanks to you! 🙂
by Helmi Hakim | Feb 19, 2008 | Insurance, Investment, Miscellaneous
At times, clients feel at ease when talking to me.
They find my explanation simple and easy to understand.
I never talk too long, yet not too short.
Just nice. 🙂
Today, I will let out a little secret here. (You are very lucky, coz I dont have much secrets anyway 😛 )
If you are a financial associate like me, take my advice and I assure you, you will have lots of clients waiting eagerly, to get a plan from you without having you trying to persuade them much.
If you are my client right now, you will be nodding your head in full agreement, acknowledging what I will explain here.
Its a fact.
Everyone in Singapore knows the importance of financial planning.
They know its is very important to have insurance for coverage, to have savings for their future needs,and to have investments to meet their financial objectives in life.
This is the status quo in Singapore as majority are well educated today.
For many, they know all that.
For many, they just wants transparency in your dealings as an advisor and sincerity in your effort in recommending quality financial instruments to them.
When I communicate with my clients, I will always, always be very direct.
Straight to the point.
…and I love educated clients, because they know what I am going to say and usually even before I complete my presentation, they will just say “Okay, I will sign up the plan with you”.
I will retort “I have yet to complete my presentation. Its better for me to complete it so that you can have a clearer picture.”
Some will answer ” No need. My brother, my friends, my relatives etc2, is an insurance agents, and I get the plan from you because you explain about the plan in simple terms and I know it’s for me”.
End of story.
So… First thing first. Be very transparent.
Tell all your clients about the benefits they will get and also the charges involved. Tell you clients, what you expect from them.
Generally, advisor like us expect commitment from the client so as the clients themselves can reapt the fullest potential from the plan they have undertake.
Second thing, trustability.
I am very happy that majority of my clients trust me as their financial associates.
From trust, we build relationship, and from there, the cycle of financial planning continues.
That is what we called “long lasting business relationships”! 🙂
by Helmi Hakim | Feb 17, 2008 | Insurance, Investment, Miscellaneous
These few days, I will be busy, restructuring the contents of my blog.
I will be planning with my designers, with my programmers and all my mentors on developing this blog to a whole new level.
If you are my clients, I will be calling you up, and will ask for your email to share with you something exclusive. 🙂
One of the primary advantages of being my clients is that you get a first hand view of what I am going to share with the public. 🙂
The “stuff” which I am going to share with you is extremely powerful, addictive and definitely will change YOUR Financial Bluepreint for the rest of your life.
As part of the development of this blog, I will be making this as a “I,me and myself” kinda of thoughts communicating with you, readers of my blogs.
I want HelmiHakim.com to be unique, to be different and to be one that all my clients, friends, colleagues, families can associate with all the time.
I want HelmiHakim.com to be the best and recognisable financial blog in the whole of Singapore by end of year 2008.
With Gods Will! 🙂
