Jan 10, 2023
If you’re thinking about getting on board an exciting and hot opportunity like bitcoin, then keep reading.
The following story will make you recognize the difference between a life of incredible wealth… or crushing debt.
Mr. Smith “not his real name” told his story to Forbes few years ago.
He had about $2.6 million worth of bitcoin. And on the ride up, he had cashed out $25 million.
On the other hand, from South Korea, resident Kim Hyon-jeong did give her name to the New York Times.
Her story was different and much more unlucky.
Mr. Smith was a software engineer with an interest in the technology behind bitcoin.
In 2010, he witnessed bitcoin’s price soar from $0.008 to $0.08 in less than a week.
Something that attract his attention, he bought $3,000 worth of bitcoin at a price of $0.15.
As you know, the price skyrocket to more than $19,000 in December 2017.
But Mr. Smith didn’t make that full return. He had been selling all the way up. He cashed out some at $350, more at $800, and so on.
Unfortunately, on the other side of our story, Ms. Kim took a different approach to her investment in bitcoin.
She is 45-year-old teacher with a child,
she put about $90,000 into cryptocurrencies.
It wasn’t just her savings either. She cashed in an insurance policy and took out a loan for $25,000. As she described it…
As she said:
I thought cryptocurrencies would be the one and only breakthrough for ordinary hardworking people like us.
I thought my family and I could escape hardship and live more comfortably, but it turned out to be the other way around.
The value of her investment was down 90% as of August 2018.
One of these investors is a success, and one a failure.
Actually, it is not about the timing,
When Mr. Smith got in at $0.15, he had already seen bitcoin soar 1,775% in the previous six months or so…
and it would drop nearly 50% just a few weeks after he purchased.
Bitcoin was a new and untested asset. It would have been crazy to predict that bitcoin would go on to shot to the moon higher from Mr. Smith’s purchase price.
Ms. Kim invested later, in the fall of 2017, during a time when bitcoin was front-page financial news around the world.
Yet with such a wild and unpredictable asset, both speculations could have made money.
The difference here is that Mr. Smith bet a lot smarter.
He invested a small amount for a successful professional.
The technology got him excited, but he only invested a small bet.
He also locked in gains along the way, taking some money and risk off the table as the rest of his investment continued to grow.
You can do this in a lot of ways.
For instance, you might sell half of an investment once it reaches a 100%.
Meanwhile, Ms. Kim did the bet completely wrong.
She put 30 times more into her bitcoin bet than Mr. Smith did.
Worse, she borrowed money she didn’t have.
So, here is what I suggest.
Bet, but bet small. And don’t jump blindly. Don’t take high risk. Don’t borrow money to invest.
Jan 3, 2023
Do you know what’s the best way to create wealth from the stock market?
The answer lies in long-term investing.
I know that everyone wants to see their investment generate huge returns instantly…
But, that’s not how the stock market works.
You need to give your investments time in order to grow and create wealth for you.
Patience is the key and holding on to your investments definitely pays off in the long run given that you have invested the right way.
Having a long-term mindset when it comes to investing is the only way to succeed as an investor. Investing as Warren Buffet said, it is simply but not easy.
In order to create real wealth from the market, you need to know how the stock market actually works.
Before investing your hard-earned money into the stock market, you need to have a solid understanding of fundamentals and a robust strategy in place that can help you ride out market bumps and create real wealth in the long run.
Trust me, when you know WHAT, HOW, and WHEN to invest, the stock market can be highly rewarding.
Also, if you’re interested in learning more about investing in the stock market and want to be successful investor, I prepared few resources below:
- If you want to learn about the safest investment vehicle “Exchanges Traded Funds”, I prepare a FREE guide for you, Click Here to Download.
- And if you are ready to take the first step, and invest in yourself, enroll in my course “Investing For Beginners: How To Invest With Confidence” HERE.
———
And here is what others said about the course?
Dr. Wafaa has shared her personal knowledge and expertise and provided the necessary information to start the investing journey based on a solid foundation. Her style in teaching made it very easy to grasp the concepts and understand the information being provided.
The course contains excellent information and working tips that you can use in building your confidence as an investor. The workbooks provided during the course are a very helpful tool and will continue to be a great handy reference for future use. I am really grateful to Dr. Wafaa for this excellent course and I highly recommend it to everyone. It is really worth the investment paid for it.
Mohammad Adnan Taibeh, Head of Economic Optimization
The Course was a very informative, suitable for people who just started out or willing to start investing in the US Stock Market. The course covers a lot of investment principles and how to manage your risk. I would recommend people who would want to learn about the stock markets and finance in general and also people already have knowledge on this field.
Abdallah Al Alban, Financial Researcher
The course is very professional in the true sense. The course content was distinctive, smooth, and at the same time rich in important and updated information. Starting from explaining the simplest steps that help any beginner to go through the experience with confidence, passing through daily updates of the most important tools and sites that can be used. I highly command the course, it includes everything you need to start your investing journey. I would really regret it if I missed the course!
Abdallah Al-Ansary, Language and development trainer
I would like to share my opinion and let you know about the course that I do really benefited and learned the basics of investing. I’m glad I decided to take it with Dr. Wafaa specifically for the simplicity of that course and how she made it so easy. It’s really great how you feel excited and confident when you learn about investing before you start. You will learn how to start investing with confidence and manage your investments. I am thankful for the efforts. Khuloud Al-Amer, Internal Auditor
This course gave me the confidence to take this step on my investing Journey. It was the missing piece in the puzzle for me. It had all of what I needed as a beginner, and the best thing about it is that it literally starts you off from scratch, it builds the theory of investing in your mind without prior knowledge required. This course completely changed the way I view investing. It taught me a lot of stuff, from what type of investor I am to invest correctly. It’s incredible how this course helped build my confidence as an investor. I’ll always remember this course as my stepping-stone towards investing, and hopefully a stepping-stone towards success. Mishary Al-Roudan
The course was simple, yet powerful. It provided me with just the required information to make informed decisions. The application of the content was very easy to navigate. Dr. Wafaa craftily made the sections in bite sizes so it was manageable content and could be finished at my pace. I was exceptionally pleased with the course. I definitely would recommend this to others! Shirley Marshall Sullivan,
So, take that first step and start your investment journey HERE.
Dec 28, 2022
Michael Jackson, the king of Pop who reportedly signed a recording contract worth almost $1 billion and sold more than 750 million records.
He was amazing at making money, if you are like most people you think with this amount of money, you can live for good rich, there is no way to have any financial problem. Unfortunately, this was not the case with Michael.
Can you imagine that he was forced to the brink of bankruptcy in 2007 when he was unable to pay back a $25million loan?
He was spending money like he would never run out until he finally did.
At his death at 2009 he reportedly owed more than $300million.
Another example,
The former heavyweight champ Mike Tyson, who made more money in his time than any other boxer in history nearly half billion dollars, he was spending like there is no tomorrow, buying like crazy, wild life style, led to his bankruptcy.
In an interview in 2010, he said: “I am totally broke, it is just happened.”
Do you think any of these two examples imagined a day when the money would stop flowing? do you think they even considered preparing for such a day?
Furthermore, do you know what percentage of lottery winners waste all of their earnings within few years? About 70%.
What do these people lack?
They have no clue on how to manage money.
People without money management skills often make poor financial decisions, regardless of how much money they have.
No matter how much you earn, if you don’t know how budget, save smartly, spend wisely and how to grow your money, you will lose it all.
Here are few tips that can help you improve your money management skills:
1.Get organized
Know your basic expenses “fixed expenses”, and “variables expenses”. Write everything you spend money on over month or two months and at the end, instead of categorize them, you do one simple test, take out highlighter, highlight everything you spend money on didn’t not bring you joy, you will find there number of thing you spend money.
So instead of thinking of budget as deprivation you can switch your mind towards joy optimization, because you are spending your life energy you want to squeeze as much joy out of it.
2.Get clear
Know where you are currently standing financially and where want to be, most people do not know.
Have specific measurable goals and achievement date.
“If you don’t know where you are going you will end up nowhere.”
When you are truly on purpose, people, resources, opportunities, gravitate towards you.
3.Get consistent
Don’t just put numbers on paper, identify actions you can do every day.
Replace old habits by new ones. Stick to the process even if you mess up.
Tony Robins said: “it is not what you do once that shape our lives, but what we do consistently.”
4.Get positive
Disassociate your happiness with spending money on immediate pleasures.
Differentiate between needs and wants.
A true need is something you must have for survival such as: food, electricity, gaz, water, clothes, shelter.
A want is something that is not essential to survival, but you would like to have such as: designer clothing, cosmetics, and brand shoes and bags.
Although it is trivial but mapping a concrete example of each will help you navigate through your emotions when making purchasing decisions.
The confusion can arise when we are not sure if something is a need or want.
“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” Will Smith
Next time if you want to buy something, ask yourself:
If it is not a clear YES then it is a clear NO.
The statement is powerful to save time and money, you might want to use it any time you have options to purchase.
Let me remind you that it is not bad to have wants or to spend money on wants.
Yet, you cannot prioritize your wants if you are classifying your wants as needs.
Always remember,
Money is not about being rich, it is about enriching your life
Financial education is lifelong process. You do not have to be genius to take part in this process, you have to be ready, take action and be able to learn.
If you want to start your financial education journey and be financially empowered to secure your financial future, grap a copy of my book “What They Don’t Teach You In Schools about Money” HERE
What others said about the book?
The title of the book says it all; the content of the book truly does explain life changing concepts and things they do not teach you in schools. It made me come to a realization that this would be a great class to have in a university, not just for finance majors but for all majors.
Dalal Ali
The book has cleared the age old myths and psychology revolving around attaining money and success.
It is extremely educative about the various forms of investment and market risks.
The book truly “teaches everything they don’t teach in school about money”.
Thank you Dr. Wafaa once again, for being so kind as to sharing your valuable knowledge in a nutshell with all of us. I feel the book needs to reach a wider group of readers.
Tina Noronha
Dr. Wafaa I just wanted to say that book is such an amazing, well written book, it really made me take a look at my spending and changed my mindset and much more its officially my favorite book!
Ghada Beshara
Dec 20, 2022
Wafaa, I’m just trying to get all this stuff figured out,” my friend Sara told me. She’s just starting out in investing.
“I’m paralyzed,” she said. “I don’t know what to do. I’m reading everything… But I’m not actually doing anything with my money.”
“Sara, you’re doing the right thing,” I said. “Learning first – and not doing anything stupid with your money – is exactly the right thing to do.”
Sara is not alone…
I’m sure many of you in a similar situation.
So, I’m going to cover some of the important basics of successful investing.
These are helpful for both beginning and seasoned investors… They’re a great reminder about the most important things to understand when it comes to the market.
1. You aren’t going to get rich overnight through investing.
A proper investment is one that has at least a five-year horizon.
Said another way…
Any investment that can double your money in a month is likely risky.
You could lose all your money just as quickly.
If you don’t adjust your thinking in line with this, chances are you’ll end up losing a lot of money.
Ignore what’s happening right now.
The market moves today are not relevant to your long-term goals.
People who want the daily excitement of winning or losing end up gambling and that’s a sure way to lose money.
2. Don’t invest in something you don’t understand.
One of the fastest ways to lose money is to put your funds into something you don’t really understand.
It’s easy to get dazzled by promises of big profits.
It’s even easier to get sucked in when the promises are accompanied by slick brochures and fast talk with a lot of words that you don’t understand.
If you don’t understand how you’ll make money on the investment, and you can’t point out your risks, you are not ready for that investment.
3. Don’t put all your eggs in one basket.
Don’t put your entire net worth in one property.
And make sure you spread your stock holdings around as well by first investing in funds that hold a bunch of stocks.
4. History repeats – or at least it rhymes.
It’s amazing how investors never learn that history repeats. The 2007-2008 bust in property prices is a good example.
In 2006, people thought property prices could never go down.
Two years later, people thought property prices can never go up.
5. Nobody will care more about your finances than you.
This is critical for you to embrace, immediately.
Nobody is going to care more about your finances than you.
You can’t just find somebody smart and hand your money responsibilities off to them.
You can’t just hand off your life and hope it goes OK – this is your life we’re talking about!
The quicker you take ultimate responsibility for your money, the quicker you will start building your fortune.
And you can’t ever give up that responsibility.
It is all right to work with smart people, and to delegate some of your money responsibilities to carefully chosen people. The important part is, you just can’t “check out.” You have to be the team captain here, the captain of your money.
Also, if you’re interested in learning more about investing in the stock market and want to be successful investor, then you should check out my FREE EBOOK that features the top books every investor should read.
Click here to download the Top Books That Every Investor should read
And if you are ready to take the first step, and invest in yourself, enroll in my course “Investing For Beginners: How To Invest With Confidence” HERE.
What others said about the course?
Dr. Wafaa has shared her personal knowledge and expertise and provided the necessary information to start the investing journey based on a solid foundation. Her style in teaching made it very easy to grasp the concepts and understand the information being provided.
The course contains excellent information and working tips that you can use in building your confidence as an investor. The workbooks provided during the course are a very helpful tool and will continue to be a great handy reference for future use. I am really grateful to Dr. Wafaa for this excellent course and I highly recommend it to everyone. It is really worth the investment paid for it.
Mohammad Adnan Taibeh, Head of Economic Optimization
The Course was a very informative, suitable for people who just started out or willing to start investing in the US Stock Market. The course covers a lot of investment principles and how to manage your risk. I would recommend people who would want to learn about the stock markets and finance in general and also people already have knowledge on this field.
Abdallah Al Alban, Financial Researcher
The course is very professional in the true sense. The course content was distinctive, smooth, and at the same time rich in important and updated information. Starting from explaining the simplest steps that help any beginner to go through the experience with confidence, passing through daily updates of the most important tools and sites that can be used. I highly command the course, it includes everything you need to start your investing journey. I would really regret it if I missed the course!
Abdallah Al-Ansary, Language and development trainer
I would like to share my opinion and let you know about the course that I do really benefited and learned the basics of investing. I’m glad I decided to take it with Dr. Wafaa specifically for the simplicity of that course and how she made it so easy. It’s really great how you feel excited and confident when you learn about investing before you start. You will learn how to start investing with confidence and manage your investments. I am thankful for the efforts.
Khuloud Al-Amer, Internal Auditor
This course gave me the confidence to take this step on my investing Journey. It was the missing piece in the puzzle for me. It had all of what I needed as a beginner, and the best thing about it is that it literally starts you off from scratch, it builds the theory of investing in your mind without prior knowledge required. This course completely changed the way I view investing. It taught me a lot of stuff, from what type of investor I am to invest correctly. It’s incredible how this course helped build my confidence as an investor. I’ll always remember this course as my stepping-stone towards investing, and hopefully a stepping-stone towards success.
Mishary Al-Roudan,
The course was simple, yet powerful. It provided me with just the required information to make informed decisions. The application of the content was very easy to navigate. Dr. Wafaa craftily made the sections in bite sizes so it was manageable content and could be finished at my pace. I was exceptionally pleased with the course. I definitely would recommend this to others!
Shirley Marshall Sullivan,
So, take that first step and start your investment journey HERE.
Dec 13, 2022
Do you feel that you don’t have enough money to invest in the stock market?
Are you waiting for the right time to start investing?
Do you Know that you can make $100,000 by only investing $500 monthly.
Sounds too good to be true, right?
I want to tell you that this is possible in the stock market and if you invest in one of the Exchange Traded Funds (ETFs).
With the help of “Dollar cost average strategy” or also known as a DCA, you can make small monthly investments and build up a huge amount over time.
Plus, the magic of compounding helps in the overall process of wealth creation.
For example, if you invest $500 every month into a stock market index like the S&P 500
(The S&P 500 has an average annualized return of around 10-15%)
After 10 years of investing, your portfolio would be worth about $140,000!
This is a huge amount of money considering you only invested $500 every month.
Here are 4 ETFs examples and their returns as of 2021:
Vanguard S&P 500 ETF VOO
Return % (as of 07/31/2021)
1-Year +36.42%
5-Year +17.31%
10-Year +15.31%
Since Inception +15.94%
Health Care Select Sector SPDR® Fund XLV
Return % (as of 07/31/2021)
1-Year +27.13%
5-Year +13.87%
10-Year +16.47%
Since Inception +9.40%
Technology Select Sector SPDR® Fund XLK
Return % (as of 07/31/2021)
1-Year +40.05%
5-Year +28.72%
10-Year +21.42%
Since Inception +8.70%
iShares Core S&P Total U.S. Stock Market ETF ITOT
Return % (as of 07/31/2021)
1-Year +38.87%
5-Year +17.34%
10-Year +15.19%
Since Inception +10.25%
Do you still feel that you DON’T have enough money?
The stock market can be highly rewarding when you do it RIGHT.
That’s why NOW is the best time to start investing.
To help you start, I prepare a new FREE guide for you, Click Here to Download.
And if you are ready to take the first step, enroll in my course “Investing For Beginners: How To Invest With Confidence” HERE.
So, take that first step and start your investment journey today!
———–
What others said about the course?
Dr. Wafaa has shared her personal knowledge and expertise and provided the necessary information to start the investing journey based on a solid foundation. Her style in teaching made it very easy to grasp the concepts and understand the information being provided.
The course contains excellent information and working tips that you can use in building your confidence as an investor. The workbooks provided during the course are a very helpful tool and will continue to be a great handy reference for future use. I am really grateful to Dr. Wafaa for this excellent course and I highly recommend it to everyone. It is really worth the investment paid for it.
Mohammad Adnan Taibeh, Head of Economic Optimization
The Course was a very informative, suitable for people who just started out or willing to start investing in the US Stock Market. The course covers a lot of investment principles and how to manage your risk. I would recommend people who would want to learn about the stock markets and finance in general and also people already have knowledge on this field.
Abdallah Al Alban, Financial Researcher
The course is very professional in the true sense. The course content was distinctive, smooth, and at the same time rich in important and updated information. Starting from explaining the simplest steps that help any beginner to go through the experience with confidence, passing through daily updates of the most important tools and sites that can be used. I highly command the course, it includes everything you need to start your investing journey. I would really regret it if I missed the course!
Abdallah Al-Ansary, Language and development trainer
I would like to share my opinion and let you know about the course that I do really benefited and learned the basics of investing. I’m glad I decided to take it with Dr. Wafaa specifically for the simplicity of that course and how she made it so easy. It’s really great how you feel excited and confident when you learn about investing before you start. You will learn how to start investing with confidence and manage your investments. I am thankful for the efforts.
Khuloud Al-Amer, Internal Auditor
This course gave me the confidence to take this step on my investing Journey. It was the missing piece in the puzzle for me. It had all of what I needed as a beginner, and the best thing about it is that it literally starts you off from scratch, it builds the theory of investing in your mind without prior knowledge required. This course completely changed the way I view investing. It taught me a lot of stuff, from what type of investor I am to invest correctly. It’s incredible how this course helped build my confidence as an investor. I’ll always remember this course as my stepping-stone towards investing, and hopefully a stepping-stone towards success.
Mishary Al-Roudan,
The course was simple, yet powerful. It provided me with just the required information to make informed decisions. The application of the content was very easy to navigate. Dr. Wafaa craftily made the sections in bite sizes so it was manageable content and could be finished at my pace. I was exceptionally pleased with the course. I definitely would recommend this to others!
Shirley Marshall Sullivan,
So, take that first step and start your investment journey HERE.
