Warren Buffet New years' letter

We begin this New Year with dampened enthusiasm and dented optimism.

Our happiness is diluted and our peace is threatened by the financial illness that has infected our families, organisations and nations.

Everyone is desperate to find a remedy that will cure their financial illness and help them recover their financial health.

They expect the financial experts to provide them with remedies, forgetting the fact that it is these experts who created this financial mess.

Every new year, I adopt a couple of old maxims as my beacons to guide my future.

This self-prescribed therapy has ensured that with each passing year, I grow wiser and not older.

This year, I invite you to tap into the financial wisdom of our elders along with me, and become financially wiser.

Hard work: All hard work brings profit; but mere talk leads only to poverty.
Laziness: A sleeping lobster is carried away by the water current.
Earnings: Never depend on a single source of income.
Spending: If you buy things you don't need, you'll soon sell things you need.
Savings: Don't save what is left after spending; Spend what is left after saving.
Borrowings: The borrower becomes the lender's slave.
Accounting: It's no use carrying an umbrella, if your shoes are leaking.
Auditing: Beware of little expenses; a small leak can sink a large ship.
Risk-taking: Never test the depth of the river with both feet.
Investment: Don't put all your eggs in one basket.

I'm certain that those who have already been practicing these principles remain financially healthy.

I'm equally confident that those who resolve to start practicing these principles will quickly regain their financial health.

Let us become wiser and lead a happy, healthy, prosperous and peaceful life.

Warren Buffet

SHARING BRIAN’S KNOWLEDGE.

The Five Roads to Financial Success and How to Choose Your Own

There are basically five ways that you can become wealthy starting with nothing based on over 25 years of research into American millionaires.

Number one.
You can inherit it. Less than 10 percent of wealthy Americans inherited any of their money, and it's less and less every single year.

The Second Way.
The second way that you can become wealthy is you can achieve it professionally.

The Third Way.
The third way you can achieve it is you can become a senior executive of a large corporation.

The Fourth Way.
You can win it.

The Best Way.
The fifth way that you can become wealthy is you can start your own business and earn it all by yourself. Starting your own business has been and will always be the high road to becoming wealthy for most self-made millionaires.
This is why it has been said that if you have the ability to start your own business and you don't do it, you are a fool.

Where do you start?
You start by getting your finances under control. The very first thing you do is you make a decision to get your finances under control. Some years ago, a man named George Classon wrote a book called The Richest Man In Babylon. It's a classic on financial success and what Classon said in that book was that the key to becoming wealthy is to pay yourself first. Take ten percent off your earnings, off your gross income every month and put it aside.
Learn to live on ninety percent or less of your gross income. So the very first thing that you do is you begin to save your money.

Find the more of this article at klungiwe.wordpress.com

The greatest is Love

Love is Patient and Kind;

Love does not Envy or Boast;

It is not Arrogant or Rude.

It doesn’t Insist on its way;

It’s not Irritable or Resentful;

It doesn’t rejoice at wrong doing, but Rejoices with the Truth.

Love bears all things,

Love believes all things,

Love Hopes all things,

Love Endures all things.

Love Never Ends.

1st Corinthians 13 (English standard version)

Happy Valentine’s Day

Henry David Thoreau, Author, Philosopher says:- As you simplify your life, the laws of the universe will be simpler; solitude will not be solitude, poverty will not be poverty, nor weakness weakness."

Success is not to be pursued; it is to be attracted by the person you become."Jim Rohn.

I have posted two articles on www.klungiwe.wordpress.com which I know will be of great help to you.
“Developing a great character & Two quick techniques for market research by Brian Tracy.

Have a great weekend

HI! MY NAME IS KATHY AND I’M SUGARHOLIC.

Hey people- how are you doing?
Right... Well, it's been a wee while since I last wrote anything!
Once again I trust this finds you wel and that you are having a fantastic week. Without a doubt the world is unstable on so many fronts. In this crazy & negative world there is a light at the end of the tunnel. Let’s embrace ourselves for the best and pray for those hurting.

It’s one thing to set a goal. It’s another thing to have a plan to help you attain the desired goal into a HABIT.

Late last year, I made a commitment to stop taking artificial sugar in 2009… actually I don’t think I understood the meaning of this resolution until 1st January.

On 1st January, I paid a visit to a friend and Walaahhhhh…..there she was enjoying a delicious, white and brown chocolate bar. It hit me really bad and I got to realize that 95% of what I consumed on a daily basis had sugar. Am talking about Cakes, Cookies, Biscuits, Chocolates, Bread with peanut butter and jam, Soda’s, Sweet pies…you can name it all.

As said earlier, I had made a decision to stop taking artificial sugar for a year or so until I could handle the amounts I put into my body.
Had I made a right decision to stop consuming that much sugar? Could I pull it off?
It was 1st January and it seemed like ages.

I now realize that I was pretty addicted to Sugar. And I might as well say: - HI! MY NAME IS KATHY AND I’M A SUGARHOLIC.

We have got to be accountable for all we do…We Are What We EAT. This is the main reason I have decided to give up artificial sugar. It’s tough and requires a lot of discipline but it’s all worth it. It’s a minute by minute, hour by hour, day by day process. The truth is, it’s really hard to quit an addiction.

I can hardly believe it’s the 20th day and I have stayed away from sugar. There are times I wanted to give-up and take a soda or a pie… but somehow God has helped me through.
Each and everyday is a gift from above.

What is your addiction? And as you think about it REMEMBER that:-
You make the world a better place by making yourself a better person.

Take care, we will talk again soon... i surely hope that this site will be a major encouragement in your life throughout this year.

Living passionately,
Katherine


N.B
Read more about “It's about being accountable. By Robin S. Sharma AND
The practice of Discipline. By Brian Tracy on www.klungiwe.wordpress.com

Some of my Favourite Quotes

Fortune favors the audacious."

"The discipline of writing something down is the first step toward making it happen."
Lee Iacocca, Auto Executive

To succeed, it is necessary to accept the world as it is -- and rise above it."
Michael Korda, Publisher

"Difficulties in life are intended to make us better not bitter." Dan Reeves, Football Coach

"Great hopes make everything great possible." Benjamin Franklin, Statesman

"Man must cease attributing his problems to his environment, and learn again to exercise his will - his personal responsibility." Albert Schweitzer, Humanitarian

What keeps so many employees back is simply unwillingness to pay the price, to make the exertion, the effort to sacrifice their ease and comfort."
Orison Swett Marden, motivational expert

"Success is always temporary. When all is said and done, the only thing you'll have left is your character" Vince Gill, Musician

"So many of our dreams at first seem impossible, then they seem improbable, and then, when we summon the will, they soon become inevitable." -- Christopher Reeve, Actor

"Excellence is not a skill. It is an attitude." Ralph Marston, Author

"A good plan is like a road map: it shows the final destination and usually the best way to get there." H. Stanley Judd, Writer

If I have seen farther than others, it is because I was standing on the shoulder of giants."
Isaac Newton, scientist

"I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature." John D. Rockefeller

"The greatest lesson of life is that you are responsible for your life."
Oprah Winfrey, talk show host

"It's determination and commitment to an unrelenting pursuit of your goal that will enable you to attain the success you seek." Mario Andretti, Race Car Driver

"I have failed over and over again in my life. And that's precisely why I succeed."
-- Michael Jordan, basketball player

DARE TO DO.

I must say this!!!!!! And I’m “Saying it Out LOUD”… LEARN-TO-DO-SOMETHING.
Learn to take chances. Use all opportunities that come your way.
I have many friends who have great ideas but… that’s all they have -IDEAS.

You can not know how good you can be Or know what you need to improve if you don’t try.

Take a choice to be a Lion for a day than to be a Sheep all your life.

Try and do something in your life-time…do something that you feel passionate about.

LIVE TO DO. So what if you fail!!! Here’s a plus for Doers… they DO and if they happen to fail they learn from their experiences. It’s part of the journey.

Know what you want and DO IT… Nike says it best “Just – do - it”.

You know what, I’m not the best writer in this world and English is my second language. But this will not stop me from trying to write and tell you about my thoughts and reflections… No way! Good or bad I will do it anyway…PERIOD.

Not only has this helped with daily and weekly improvements but I get to share my life with you.

I'm so passionate when i sit-down to write and this has paid off tremendously in each & everyway. I truly have no regrets.