Inspiring the New Generation 8
*LIFE LESSON FROM INVESTMENT*
The man with money will lose his money to the man with experience. In investment and in life, experience is more important than money. With experience comes money. I remember the early days of Forex trading in Nigeria, many young people were told, get money, a laptop and a modem; pronto, you become a millionaire. Many of these youths sank deep down into depression and suicide because they lost their money. What they lost became profit to the experienced traders somewhere else.
Those who make the big stakes in real estate put little money down; they use what we call Other People’s Money (OPM). They depend more on their experience than money. Don’t you agree to this?
The lessons are:
- Do not build your confidence in money but instead seek for wisdom. Money without the wisdom to keep it develops wings and flies away.
- Do not sit idly waiting for money before you start off in life, keep gathering wisdom and experience. With true wisdom comes money. The truth brings freedom.
We have lottery winners who were termed the dumbest because they still went bottom-up despite winning millions of dollar jackpots. Examples are Abraham Shakespeare, Vivian Nicholson, Willie Hurt, Billy Bob Harrell Jr, Michael Carroll and biggest of them all Andrew Jackson Whittaker Jr; he won $314,900,000.00. All of them can be said to end their lives in tragedy.
It is not more money you need but more wisdom to conduct your life. Wisdom is showcased in the amount of experience or insight at your disposal.
Money in the hands of a fool will lead to his hurt.
Proverbs said: Wisdom is the principal thing. With all thy getting, get understanding.
One thing you cannot do without is wisdom. It is the principal, non-depreciating substance of life. With wisdom you are assured of the best outcome in any situation.
Prayers:
- May I not be destroyed by money.
- Give me wisdom to attract wealth
- Give me the wisdom to solve the present intricate and complex situations of my life.
In Jesus name.
*WALE ADEWUMI*
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