Are u a billionaire in the making or Infatuated?

To become successful most of the times you have to go through some tedious and boring processes. Through doing some things as you negotiate your way out of a situation you are required to acquire and adapt some serious techniques. We can together review budgeting and saving habits as important tools that may act as stepping stones for your ascension.

Budgeting: Planning and living within your budget is a tedious job. Most people fail to do this. But mind that if you are a billionaire in the making you must learn and understand that you can only get there if you adore your budgets. Budget will shield your long term goals against short term unimportant wishes.

Savings: Through budgeting and continued effort to keep part of your earnings for your self indefinitely you will build strong financial muscles. Channeling your savings into safe investments with fair returns your money will start working for you. If you consistently do this over time your money will be generating more money than that which you generate directly labouring. This mostly depends on how much you keep for your self consistently. If you keep for yourself at least 10% of your earnings for yourself forever you will likely be a billionaire in the making.

Discipline: Discipline is a foundation of success. And I don't mean respecting your parents or your brothers and sisters which I presume you do, but I mean financial discipline. You honor your money and the sweat of yourself with utmost respect. Without respecting the little money you earn and have how can you respect the billion? Rich people are not as abusive to money as paupers! Respect for pennies gives you guts to go for the big bucks. How do you want to be rich if you keep on acting like poor man? If you want to be rich you should live like rich people right from the start! There is no saying when I get a lot of money I will be careful, NO WAY! Start now and move on.

Failures: Losers are there to stay! If you are undisciplined you are for sure a loser in the making! If you want to be a billionaire and you are living a life of poor men! You are just infatuated and no where you will get. Be realistic see through with a billionaire eye! Getting successful is a sure process and not dice tossing!  

Article By: Emmanuel Akyoo,

+45.63% Gain on TBL in 2012!

TBL is among the best stocks one can hold on DSE. With current year events and environment I see the stock hitting TZS 3000/= per share.
Currently, we are standing on a gain of 16.5% upon last November Mini-IPO price of  TZS 2060 per share. The shares have traded at TZS 2400 per share today! There is still a big room for this stock to perform better.
   As I have been advising strategic long term investors, long term approach on shares is one of the ways one can build a good fortune. Actually, at this price level TBL stand at 33% gain on the start of 2011 market price of TZS 1800 per share. And the share is about 380% up from its IPO price about ten years ago, the rate excludes dividends paid out. Currently, the banks can pay you a maximum rate of 13% per annum which is far less to what we are talking about here. You can balance your portfolio between stocks and fixed income investments.

Regards,

Emmanuel Akyoo.

Successful Enterprenuers Vs Risks!

     What is the difference between successful entrepreneurs and unsuccessful ones? It all starts from risk point! Successful entrepreneurs take calculated risk while others on the contrary take incalculably risk. Have a look on the two pics u may deduce something concerning risks.
        Let me narrate a story about two guys who had equal capital and they wanted to engage themselves in gold trading business. One guy was an expat in gold business and the other guy had no experience in gold trading. One time a gold bullion deal was offered to them. They both offered to buy it. Although the gold bullion offered to them was genuine their level of risk was not equal. The guy with background in gold trading was taking much less risk(calculated risk) compare to the other entrepreneur was taking big risk.
Overtime because the level of risk in the guy with gold trading background  is consistently lower the chances of success are much higher. Whereas, by the time the inexperienced entrepreneur gets experience, the capital would have find its way far from him and broke he would be.

 From research Successful entrepreneurs take minimum risk and gets highest returns. Its time you take a look on your portfolio. Don't be mislead by public opinions that entrepreneurs expose themselves lousily!

Think and analyse your circumstance and chances. Research well on your stuff and idea. Start with a portion of your portfolio. Reduce your risks by leveraging(seek counsel of experienced). Dont be emotional, be reasonable.Be bold on your well engineered/thought strategies! Lastly, life is full of worthwhile things, enjoy and rejoice!

Regards,

Emmanuel Akyoo

CRDB 33.33% DOWN!

CRDB Bank share price on DSE has tumbled to an IPO price level of TZS150 per share from last year's peak of TZS225 per share. This fall is an equivalent of 33.33% fall in price level. As per September report CRDB net Asset stands at TZS123 per share. At this level CRDB market value is 22% above net asset level.
   CRDB is expected to issue a dividend of TZS 10 per share for the financial year 2011 which is an equivalent of 7% dividend payout ratio to the current market price of TZS 150 per share.To the longterm Investors I would advise them to take a long position with this stock. Longterm investor are those who will buy and hold the stock at least for five years.

Regards,
Emmanuel Akyoo.