There are many ways to lose money, hence this list is not exhaustible. You can lose money by very simple and straight forward ways like by misplacing it, being careless with it, exposing it to theft, giving it to an ingrate e.t.c. There are also more complicated ways of loosing your money, like buying a product that won’t sell, a product that doesn’t work, being duped, investing in shares that is going down and selling before it goes up, gambling e.t.c. The list goes on and I’m sure you can remember many ways in which you have lost money. This is however not about all those ways, it is about a way that is common these days, and one that you might encounter if you get “gear” before you get “wit”.
Increasingly I see people developing a fundamental attitude about investing their money. People say that investments are all about putting your money somewhere where you don’t have to worry about what is being done with the money, so far you get your interests. This is wrong. Mark my words, any money you make without work, will not last! Even if what you are doing is investing, you still need to do the work of research, of fact finding, of monitoring the trends, of planning, of knowing when to go in, and when to go out. The richest investors in the world are working at it, anything that makes you believe otherwise will make you poor. The God ordained way of making money requires work.
Recently, I have been hearing people say all sorts of things, and make all sorts of requests. These high yield schemes are making people so lazy, they will not be able to profit from the money they claim to have made. I have numerous offers on 6k4you from people who ask me to create a method where all they need do is put their money down, do no work, and earn. It is very possible, but i fear that on the long run they will lose. People don’t want to work anymore, they want to earn. When you earn all the money, what will you use it to do? Let me guess, create a business where you can make more without having to work? Or just spend till you die? Let’s face it people, the way out of work is to find enjoyable work. When you put your money somewhere without doing the prerequisite work, you are gambling, and believe me, that is one of the surest ways to lose your money.
6k4you/Revolving Travel/Clubfreedom is not an investment scheme, it’s a Multilevel Marketing/ Network Marketing business. It’s like FLP, GNLD, TIANSHI, e.t.c, only that this time the products are not health care products, they are travel vouchers and travel packages. It’s a business, not an investment, it means you’ll work. The work is not easier because it’s online, it’s work, real work. I met a guy for example on Sunday who told me he wants to cycle out in 3 weeks, I advised him to work. He is working and in just 5 days he’s made it to qualified position. He might indeed cycle out in less than his target. It’s work, if you don’t want to do it yourself, you might need to hire people to, but then, you’ll still need to manage your hires.
Yes, I agree you can get your money to work for you, but check it, those whose money work for them, have made it their business to work on their money. The road to “get rich quick” continues till you get to the road that leads to “get poor quick”. When you work, you gain the wisdom you will need to retain the money. Work does not need to be laborious, it can be perfectly enjoyable. The best way to let your money work for you, is to work on it. The way not to lose your money is to be fully aware of what is being done with it. The way to ensure you retain your money, is to make sure you develop yourself so that your capacity can increase. Remember, he that empties his pocket to fill his brain, will end up filling more than his pockets. Don’t be a gamble, be informed.