99. People can change—continuously. What kind of person you want to change into is entirely up to you.
導向成功的金玉良言 --- 成功秘碼 37條
When one person loses his job, it gravely impacts the financial capacity of the entire family. Likewise, an unemployment rate over 8% can severely hinder a nation’s economic growth.
Rising unemployment rate, increased number of bank-owned properties, persistently falling real estate price, weak financial institutions, and the unusual climate changes all work together against the prospect of global economic growth.
The strategy of using the budget deficit to stimulate the economy could be a shot of adrenaline, but when overused, it can also become venomous with undesirable side effects.
The economic stimulus plan may be effective for a period, but as the effects wear off, it may start to have a negative impact on the growth of our economy.
Printing more money may have bailed out American banks and companies from the threat of bankruptcy, but this strategy puts the dollar value at considerable risk. Devalued US dollars bring about inflation, which in turn shrinks the wealth of Americans.
The fact that the dollar is losing value is no mystery—there’s too much of it being printed!
Significant unemployment is bound to have an impact on prime mortgages, leading to more bank-owned sales.
As long as the number of bank-owned properties continues to grow, real estate price in US will continue to fall.
If unemployment rate exceeds 10%, the number of bank-owned sales will for sure increase, which can only be bad news for the financial institutions, the real estate market, the stock market, and the entire economy.
For every 3 people who lose their jobs, there’s one new bank-owned property. The unemployment rate is directly tied to the rate of defaulting mortgages.
If you want to keep your house in the recession, you have to keep your job first. Only with sufficient income can you maintain all your household expenses and cover your bills.
Dropping home prices along with devalued US dollars—it’s the perfect opportunity for foreign capital to invest in the United States.
A wise man invests in precious metals or real estate well before inflation kicks in.
If all you can think about is how low can you go in making an offer while everyone else is increasing their bids to snatch up houses, you’re too far behind the times.
If you want to find out about the market, don’t just listen to your friends, or the so-called “experts”. Go take a trip and do some research on your own.
More often than not, you will need to raise your bid on a bank-owned property you want. If you don’t, you may as well back out. With so many buyers in competition, you can only win if you are willing to up the offer.
Don’t be a fool and expect the housing price to keep dropping for another year. It’s already been creeping back up.
While you still have a job and a steady income, the perfect opportunity for you to move in and buy a house is now, with low interest rate and low home prices. Once the interest rate and home prices go back up again, it’ll be too late for regrets.
Having a job while others don’t means you’re lucky. Having money when others don’t implies you have savings. Being willing to invest in properties while others aren’t indicates your wisdom.
Success is a combination of hard work, wisdom, talent and luck.
Put water into any type of bottle, and it will change its form according to the shape of the container. A man should learn to be like water: flexible, adaptive – ready to cope with any situation.
Be like water—adaptable to any situation, ready to handle any task. Let your mind be open and flexible, and you’ll be able to survive however foul the circumstances are.
As the times change, circumstances change with it, and so should your thinking and your actions. Learn to be like water and overcome your stubbornness and resistance to change.
People change: some become more decent, others are overcome with malice; some embrace joy, while others are consumed by anger; some get wealthier, and some dragged down into poverty; some become positive, while some allow negativity to take rein; some fight on towards light, and some define themselves in darkness. What you change into, whether you are to succeed or fail, is completely up to you.
Ever wondered who has the power to decide whether you shall be a success or a failure? The answer is you, and only you.
You, and no one except you, can decide whether you will succeed or fail.
Success has to be fought for, while failure finds you when you stop fighting. If you don’t fight for opportunities, or fight to create them, you won’t find success.
You have to have a goal in life and the courage to push on, for only then can your dream come true. Thinking and waiting alone cannot bring you any closer to success.
When you’re investing in a house, you need almost a child-like determination and the will to push on no matter what, and it won’t hurt to have a little luck on your side. When you’re bidding on a house, you need to be decisive, and have your wits about you in addition to your guts. Money, courage, and a mind that is both quick and adaptive: these are what can give you an upper hand, and help you win the bidding war.
When buying a house, you need to have the money, the guts and a quick and flexible mind to have the upper hand and win the bidding war.
In business, you have to be on the offensive to seize the opportunities whenever they come your way. Sitting around doing nothing is no different from giving up.
You need to seek out opportunities, for they won’t just come to you. You must go out and look for a job; the job won’t look for you. Similarly, you need to go find a house; the house won’t come find you.「機會不會來找你，只有你去找機會。工作不會來找你，只有你去找工作。房子不會來找你，只有你去找房子。」
Real estate Investment is serious business. You have to be quick-minded, goal-oriented, and be ready to take action.
Don’t count on the housing price dropping for much longer. Before the economy fully recovers, have confidence, and buy a house, so that you can start reaping the rewards as soon as possible.
Do not bind yourself with rules and old habits, and learn to go with the flow. Success belongs to those who can improve themselves, who are flexible to change, with a clear goal in mind and ready for actions.
A great many things can be counted as wealth: your wisdom, your health, peace, joy, safety, integrity, piety, kindness, knowledge, diligence, youth, contentedness, decisiveness, friendship, virtue, passion, opportunities… even a piece of real estate.
True wealth is measured by the intangible things in life. A heart obsessed with monetary wealth is bound to be void of what’s truly valuable in life: purpose, friendship and love.