B6 Investment

We all want wealth, but how do we achieve it?

It starts with a successful career which relies on your skills and talents. Invest in yourself through school, books, or a quality job where you can acquire a quality skill set.

Identify your talents and find a way to turn them into an income-generating vehicle. In doing so, you can truly leverage your career into an "engine of your wealth." 👍

Chuck Feeney - Estimated net worth: Once $7.5 billion, now around $2 million thanks to a series of charitable donations. As the co-founder of high-end, traveller-focused retailer Duty Free Shoppers, Chuck Feeney doesn’t have to buy clothes from retail stores, fly coach or use public transit, and yet he does all of these things. The money he saves, plus the majority of his vast fortune, have all gone to charitable donations.

Even the best investment strategies have big down periods that make you think twice. Sticking to your plan in those tough times requires an almost religious-like belief that things will turn around.

And the ONLY way to have that kind of conviction is to understand why you’re investing the way you are and what each piece of your plan is doing for you. Without a strong understanding, you’ll almost certainly bail at the first sign of trouble.

A sensible investor must look at stocks as a part ownership in a business and not as a lottery ticket. When you invest in a great business for long term, you are actually riding its long term success by being a part owner of it.

Cristina Guglielmetti, founder of Future Perfect Planning and certified financial planner, suggests keeping expenses low when you’re learning how to invest. Even if you have great investment returns one year, high expense ratios can slash your returns.

Another year and another set of a whole new change will come up but what you won’t have to change is the formula of hard work to get good results. Keep working hard and persevere to achieve your desired success. Happy New Year from all of here in B6 Investment!

Majid Al Futtaim is the brother of billionaire Abdulla Al Futtaim. Non-family members run his eponymous holding company, which operates malls, including Mall of the Emirates (with an indoor ski slope) and Carrefour hypermarkets across the Middle East, North Africa and Central Asia. Michael Rake, the chairman of British telecom company BT Group, is chairman. Son Tareq is a non-executive board member. Futtaim plans to open the Mall of Egypt in March 2017. Although privately held, the company is among the most transparent conglomerates in the U.A.E, publishing its revenues and net profit annually.

May the peace and joy of the holidays be with you today and throughout the New Year.

The potential for greater returns comes with greater risk. Understanding this crucial trade-off between risk and reward can help you separate legitimate opportunities from unlawful schemes.Investments with greater risk may offer higher potential returns, but they may expose you to greater investment losses. Keep in mind every investment carries some degree of risk and no legitimate investment offers the best of both worlds.

Benjamin Franklin knew the value of constantly becoming more knowledgeable. In fact, just about every successful person in the world has one thing in common: they are constantly reading and educating themselves on a daily basis. The investment you make in yourself will always pay off in the end. The wiser you are, the better decisions you’ll make. The smarter you are, the more things you can be successful at. Make it a point to always keep improving yourself each day by learning new things.

The son of founder Sam Walton, Jim appears to have inherited his father’s business acumen and frugality. Walton senior famously chose to drive an old pickup truck that had coffee stains on the seat and no air conditioning. The younger Walton also drives an old, modest car and works in an equally inconspicuous office.

Celebrating UAE's, history, traditions and culture on the 46th . Happy National Day Everyone!

Many successful investors follow this rule of thumb: Never invest in something you don’t understand. Be sure to always read an investment’s prospectus or disclosure statement carefully. If you can’t understand the investment and how it will help you make money, ask a trusted financial professional for help. If you are still confused, you should think twice about investing.

In business, our reputation is priceless. That’s why we need to ensure we do everything we can to enhance it and avoid anything that might damage it. It’s all too easy to react in the heat of the moment, to say or do something we soon regret, then end up paying a hefty price afterwards. That’s why we benefit so much from acquiring the habit of pausing, before we respond to anything that’s potentially sensitive. Always remember to , , then .

Sometimes you have to ax a smart employee who constantly complains about how management is messing up, notes Ben Horowitz, co-founder of venture capital firm Andreessen Horowitz. “Often it’s very difficult to turn these kinds of cases around,” he wrote (see“Time To Fire The Talent?”). “Once an employee takes a public stance, the social pressure for him to be consistent is enormous.”

Having the right people also includes cultivating outside advisors whose opinions you respect and who aren’t afraid to share them---assuming you’ll listen.

Everyone is looking for a quick and easy way to riches and happiness. It seems to be human nature to constantly search for a hidden key or some esoteric bit of knowledge that suddenly leads to the end of the rainbow or a winning lottery ticket. Before investing, you should know your purpose and the likely time in the future you may have need of the funds.

Daring to take a chance on a greater future and the limitless applications of new technology nowadays can come with its own set of risks. However, the higher the risk, the bigger the potential payback.

Invest in human capital: The most important capital of any business is human capital. A no. of entrepreneurs ignore this very fact and usually the business is their brainchild hence they think they know everything and can develop their employees.

: Back in 2010, Primer reported that Caudwell, an English businessmen worth approximately $2.7 billion, “cycle 14 miles to work every day and cuts his own hair so as not to waste time at the barber, and even buys his clothes off the rack” at a British-based retailer, Mark & Spencer. It’s worth mentioning, however, that a story in the Daily Mail reported that he “has all the trappings and frills,” including multiple houses, a yacht, and a helicopter, proving that all areas of life are about balance.

Wise words from David Brinkley. There are people who want to see us succeed, and people who want to see us fail. Neither of them will ultimately make the decision in the end. Only we can make that choice.

So, it would appear that “thinking big” is relative, but that doesn’t mean you should limit the extent to how “big” you think. Chances are, you can do the thing that that seems “big” to you. So the next time someone asks you to “think big,” take a deep breath, let your imagination go, and try to imagine what would be a big breakthrough for you.

Get your investment priorities straight. As with much in life, investing comes down to balance and discipline.

As Keller says, you cannot develop and through quiet and ease. You must do things and go through things to become and .

Meet John C. Bogle estimated net worth: $80 million. The founder of is undeniably rich, but you wouldn’t know that based on his lifestyle. In a 2012 interview with Reuters, revealed that his frugal habits partly stem from his father’s financial difficulties during the Great Depression.

Always remember to keep trying your own ideas. It’s the only way to find what truly inspires you and you’ll end up with something much more valuable than if you imitate others.

Eid Mubarak everyone from B6 Investment!

Decide your financial goals. What are your short term and long term goals? Think, think, think!

Even if you aren’t sure about what you should do, at some point you have to try something, see what the results are, adjust your approach, then try it again. But before you can start, you’ve got to stop talking.

Whatever your appetite for , there will be . Expect them, adjust and move on. As the saying goes: “If your uniform isn’t dirty, you didn’t play.”

By on , you become a man of success. And if you focus and attach yourself to the idea of success, you will begin to lose your value.

If you want to build wealth, all you need to do is spend less than what you earn. This sound obvious, but many people don't live by this central occupant while dealing with their finances. The wider the gap between earning and spending, the more financial success you get.