This Is The ONLY High Return, Low Risk Investment

If you’ve ever used the excuse, “I don’t have time to improve my life, learn the new skills, etc..”

The truth is that it is likely not about the lack of time, but about the discipline and ambition.

And I believe this applies to most people, and they won't like hearing this.

They say they don't have time, but if you ever had the opportunity to install a web browsing tracker on the computer and mobile phones - you could see how much time they had spent on scrolling Facebook, Netflix, Instagram, etc.

Now, I want to emphasize that there's nothing wrong with that. I used to be like this as well.

I used to play computer games for hours and hours - clocking probably more than 3,000 hours playing games.

And at one point of time, I asked myself - how would my life had changed if I used that 3,000 hours developing a skillset that would shift the needle in my life.

Well, the answer was I could be financially free probably in my early 20s rather than my targeted early 30s.

So if you are reading this right now, ask yourself this.

How are you spending your time?

Have you allocated specific hours dedicated to your personal growth?

Do you have a calendar that blocks out time for your personal growth - or you living your life based on "feeling".

You need to think hard about how much time you are wasting. 

Precious time that could have been spent on this low risk, high return investment - yourself.

Current Bank Versus Future Bank

This was a concept that I learned recently.

Most people focus on their current bank account, rather than their future bank account.

In short, they focus on the short term, rather than the long term.

This is why they tend to panic and thinking of cashing out, the moment the stocks in their portfolio take a dip.

I had always draw the analogy of investing in a stock akin to a marriage.

If your spouse had a fever, will you be thinking of filing a divorce?

As long as you have done your homework, know that it is a fundamentally good company, and done proper portfolio sizing - there's little to worry about.

In the long term, fundamentally good companies will still go up.

However, if you are holding poor quality companies...

...then, you ought to be very worried.

This is why the first step in investing is always to check the fundamentals of the company.

For me, I used my personal 8-Point Checklist, and if it fails the checklist, then I wouldn't buy the company's stocks.

Simple as that. If you like a copy, you can click on the button below.

Long Term Does Not Apply Just To Stocks

The concept of current bank and future bank does not only apply to stocks - it applies to your own personal development as well.

Most people is always focusing on saving money.

That is great - after all, being thrifty is a virtue.

But there's a thin line between being thrifty and being stingy.

You see, being thrifty is great - but when it comes to your personal development - you cannot afford to be stingy.

When I was in my early 20s, most of my income went into investing in myself.

Why did I do that?

Remember, the concept of current bank and future bank.

Because, for you to grow the future bank much bigger than your current bank depends on your skill set.

I knew that if I did not bother to invest in myself to develop these skill sets, my current bank account will just grow at a painfully miserable rate.

Therefore, every time I invest in a course, sure my bank will drop by a few thousand dollars.

But in exchange, what did I get?

A skillset that will make my future bank account much bigger than those who were not willing to invest in themselves.

Money Is Not The Important Thing

Your end goal in the pursuit of wealth is not money.

I used to make the mistake of chasing money - that's the wrong focus.

Which is why, I used to be emotional about paper losses. (Ridiculous now that I'm thinking back.)

The skill set that you should focus on is skillset and time.

Once you have acquired these - money is simply a byproduct that comes in automatically.

Skillset × Time = Money

But wait, "Gin, this equation is flawed! If you don't have money, even with the skill set of investing, you can't invest!"

Well, who said so.

Take an example of properties.

Let's say I found a property that is worth $300,000 but I manage to negotiate for $200,000.

That's easily a $100,000 profit.

But I don't have $300,000 cash.

Here's the thing - don't you think that there are people out there with $300,000 cash, who are looking to make money?

Let's say Tim has the $300,000 cash to pay for the property.

I could have just went to Tim and said,

"I will pass you this deal, but all I ask for is $10,000 in return."

But Tim rejects my offer.

Is this the end of the world?

Well, like I said, don't you think that there are people out there with $300,000 cash, who are looking to make money?

Surely, Tim is not the only one.

I could keep asking until someone is willing to strike a deal with me.

I did not need to have the $300,000 - all I needed was the skillset to find the undervalued property and time to find someone to strike the deal with.

"But Gin, how would anyone even find a property that is $100,000 undervalued?!"

Well, like what I have been repeatedly saying.

Skillset.

You need to focus on developing your skill set.

Compounding Effect Of Skill Set

"Gin, how do I even develop my skill set?"

Like what I did, I invest in myself by paying other experts to teach me.

I didn't want to make the mistake trying to figure out everything on your own, watching endless YouTube videos, Google Search, etc.

Sure, there is a wealth of information online and we do not have a lack of information.

The problem?

While there is no lack of information, there is TOO MUCH information.

People are just going to read information from multiple sources and get overwhelmed.

But don't get me wrong, if you choose to figure things out on your own, by trial and error - I'm sure eventually you will figure things out, what works and what doesn't.

It just takes time. In fact, a lot of time.

Now, remember the equation I shared previously:

Skillset × Time = Money

Time is part of the equation of money.

This is why, I chose to pay others to teach me - to save myself time.

This strategy is also known as "Paying for Speed."

In fact, there's a crazy compounding effect, by using this strategy - watch video below.

Conclusion

There is a saying, "Everybody wants to go to heaven but nobody wants to die."

While many people yearn for freedom, very few people are willing to commit their time to actually do it.

But knowing that you read till this point, clearly you are different from most people.

I hope these concepts above will give you some ideas to take action towards taking control over your own freedom.

To achieve the freedom you deserve takes discipline, and discipline is doing what you know needs to be done even if you don't want to do it.

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