How To Retain Profit - Problem
For lot of people who are living in a distressed conditions, have burdens of poverty or lack of natural resources to turn them into wealths ; they are basically looking for how to be solvent or at least be self reliant.
Now when we talk about economy or discuss any economic matters, we simply put forward what Europe looks like or it is explained and conceptualized by the European lenses. The actual fact is that, the Europe or the western parts of the world which is way more developed are not the correct scenario of the whole world.
To understand the theme a bit, we should look deep into how they are basically designed into a system.
People who are living in the third world, as a citizen they all individually have to live with the conditions of absurd political ruling, economic stagflation, quite a profound money inflation and crime affected areas, hunger and even diseases. These are the problems which are created by so many other reasons -- but we must think of how one could find a new hope out of these circumstances.
I was kind of a guy who would be very fond of looking at these matters quite for a lot of times. Many days I even casted a critical eye on the countries of the dark continents and how the citizens of these countries struggled to make their income increase a bit.
Sometimes war or sometimes calamities doomed all the development and production process, but they could somehow manage to live forth with little hope, even if that is tiny. I think most of the time we never question our scale of ambitions, but despite all these -- we should be focused of our talents and ingenuity and the experience we gathered along the way.
If we could be successful in our attempts then we would be for these bold qualities that made us what we are.
Anyway, for today I would deliver a small tips about how to grab control over your financial matters. Economy and finance are two interconnected ideas that if the two are understood well,one could secure a nice status of life.
I think, the set of blogs will be incomplete if I dont write about how profit could be handled. Lets come to more concrete fact for a basic understanding.
Suppose, you have an asset which if it is manipulated well, you could be building a nice profit. But eventually when time comes, you get into a dire need to spend the majority of your asset and they after a few weeks or months time after, got reduced to 10% or less.
If you regret for what you have lost, then its temporarily okay. But here is what, focus should be not on to gain profit over something you chosen, but becoming confident on how to retain the profit, hold it and never letting it to channel away from your hands.
In the the next episode of blogs, I would be discussing about it -- until then stay tuned.
Thanks.