Sunday, May 10, 2009

I came across Pastor Kong's blog and i saw these principles which were taken from Warren Buffet and i tot it was so good, so decide to blog it out and wanting to apply all these to my own life!

* Hard work: All hard work bring a profit, but mere talk leads only to poverty.

* Laziness: A sleeping lobster is carried away by the water current.

* Earnings: Never depend on a single source of income. [At least make your investments get you second earning.]

* Spending: If you buy things you don’t need, you’ll soon sell things you need.

* Savings: Don’t save what is left after spending; spend what is left after saving.

* Borrowings: The borrower becomes the lender’s slave.

* Accounting: It’s no use carrying an umbrella, if your shoes are leaking.

* Auditing: Beware of little expenses; a small leak can sink a large ship.

* Risk-taking: Never test the depth of the river with both feet. [Have an alternate plan ready.]

* Investment: Don’t put all your eggs in one basket.

Recently i have been thinking about investment also and i really tot i can take one step at a time toward it. Didnt know how it will work out but i believe its good to take risk and try out new stuffs.

Feels like i am an adult already because i am starting to pay all the bills and expenses by myself. :( How i wish i was 10 years younger and still taking allowance from my parents.. haha..

I was watching Pst Stephen Munsey's svc once again and i just tot its so amazing. his svc is so impactful and really makes me feel like watching it again and again although it was a simple msg of God's love toward us. :)

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