Sunday, July 20, 2014

fun

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dr albert tan

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"supersmart way to buy stock" by dr albert sze wei tan

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buying your place to live            'never pay rent

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a stubborn person who thinks the stock market is the only way to get rich, and how they eventually discover there are many other paths to success:


The Stock Market Snafu: Bob's Big Wake-Up Call

Bob Fitzgerald had one goal in life: to get rich—fast. He didn’t want to work his whole life for a paycheck, slaving away at a desk job like everyone else. No, Bob had a plan. A simple plan. The kind of plan that involved sitting in front of a computer screen with charts and graphs all day long, watching the stock market tick up and down.

"You see, it’s simple!" Bob would say to anyone who would listen. "Buy low, sell high. That’s all there is to it. Get in early, and you can be a millionaire in a year. It’s practically guaranteed."

His friends, family, and even the cashier at the local coffee shop had heard him talk about his plans to get rich through stocks, day in and day out. Bob had studied the markets, read all the books, watched endless YouTube tutorials, and even subscribed to a stock-picking newsletter. He was convinced that all it took was picking the right stocks, and he’d be swimming in cash.

But there was just one tiny little problem: Bob had no idea what he was doing.


One Saturday morning, Bob sat at his kitchen table, sipping on his third cup of coffee as he scrolled through his favorite stock trading app. He’d just invested in a company that was supposedly going to revolutionize the electric toothbrush industry. "The future of dental care is electric!" he muttered to himself, slapping a sticker on his laptop that read, "#StockKing."

His roommate, Sarah, walked in and rolled her eyes. "Bob, you’ve been talking about electric toothbrush stocks for weeks now. Are you sure this is the smartest way to get rich?"

Bob smiled confidently. "Trust me, Sarah. It’s all about timing. This stock is going to explode. I’ll be on my yacht by next summer."

Sarah, who worked as a graphic designer and was perfectly content with her job and steady income, shook her head. "But Bob, there are other ways to make money, you know. Stocks aren’t the only game in town."

Bob laughed. "Ha! You sound just like my mom. Stocks are where the big money’s at, Sarah. You just have to believe in the system."

Sarah, used to Bob’s stubbornness, decided not to argue. Instead, she quietly left the room and pulled out her sketchbook to work on a new design for a local restaurant. She had her own dreams, and they didn’t involve obsessing over the stock market.


A few weeks later, Bob’s electric toothbrush stock tanked. Big time.

He had seen the warning signs—the company’s CEO had posted some weird, cryptic messages on social media, and there was a sudden drop in sales. But Bob refused to sell. "It’ll come back up," he kept telling himself. "It’s just a dip. I’m in it for the long haul!"

By the end of the month, Bob’s once-promising investment was worth less than a cup of coffee. He stared at the screen, numb, as his $10,000 had now dwindled to $3,000.

That night, Bob slumped onto the couch, defeated. "Maybe stocks aren’t everything," he muttered. "Maybe I was wrong."


The next morning, Sarah approached him with a grin. "Hey, Bob, how’s the electric toothbrush empire going?"

Bob groaned. "Let’s not talk about it, okay?"

But Sarah wasn’t going to let him off the hook that easily. "Look, Bob, I get that stocks seem like the fast track to wealth, but there are so many other ways to get rich. I know people who’ve built businesses, started blogs, invested in real estate... Heck, some people even make money just by creating things or offering services. Stocks aren't the only path to success."

Bob frowned. "You really think people can get rich without stocks?"

"Absolutely," Sarah said. "Take me, for example. I’m building my career as a freelance designer. I’m working with clients, getting better every day, and saving money to eventually start my own design studio. It’s steady, but it’s my path. I don’t need to rely on some random stock to make my dreams come true."

Bob blinked. "You mean, you’re okay with the slow route?"

"Yes," she said, "because it’s not about how fast you get there, it’s about creating something that lasts."


A few days later, Bob decided to take Sarah’s advice—or at least, to give it a try. He enrolled in a local business course to learn more about entrepreneurship and how people actually build sustainable wealth. He wasn’t ready to abandon stocks entirely, but he realized there were other ways to create value that didn’t involve taking risks with money he didn’t fully understand.

The course was eye-opening. Bob learned that there were people who became wealthy by starting small businesses, selling digital products, and investing in properties. There were so many ways to make money that didn’t require a stock ticker or watching the markets all day.

But the real revelation came when he saw how many of those people weren’t necessarily looking to get rich fast. They focused on building something real—something that added value to the world. They didn’t just gamble on quick wins, they created systems that worked for them in the long term.

Bob realized he had been so focused on the idea of getting rich quickly that he hadn’t considered how much effort and time real wealth required. It wasn’t just about buying the right stock at the right time—it was about creating value, making smart decisions, and most importantly, being patient.


A year later, Bob had turned things around. He’d learned to diversify his investments, taking some of his money out of stocks and into real estate. He also started his own online business selling custom T-shirts and accessories, combining his love of design with entrepreneurship. And yes, he still traded stocks, but now, it was just one piece of his growing financial picture, not the whole thing.

One evening, Bob sat at the dinner table with Sarah, now sipping a glass of wine.

"You were right," Bob admitted. "I used to think stocks were the only way to get rich, but there are so many paths. I guess I had to learn the hard way."

Sarah smiled. "It’s not about speed, Bob. It’s about building something that lasts. And trust me, there’s more than one way to do that."

Bob raised his glass. "To finding new paths to success."

"And to not putting all our eggs in one basket," Sarah added, with a wink.


Moral of the Story:

Bob’s journey teaches us that while the stock market might be one way to make money, it’s definitely not the only way. There are countless paths to wealth, whether through building a business, investing in real estate, freelancing, or creating something that adds value to the world. The key is to recognize that success is a journey—not a shortcut—and it often takes time, patience, and a willingness to learn along the way. Sometimes, it’s about finding a balance between passion and practicality, and diversifying your efforts to build something meaningful over the long term.