Vision: Develop a long-term strategy to manage and control my personnel financial.
Mission: To have USD$1,000,000 worth of assets/ money by 2016.
SWOT:
Strength:
Have a stable job and income.
Positive track of record in stock market investment.
No bad credit history.
Weakness:
Poor accounting background.
Poor Financial control and tracking.
Opportunity :
Studying CALMAT MBA
Investment in stock market, bonds, funds and property (new) - house prices are declining recently, so I should save money and invest in property that may bring 150% to 200% ROI.
Business venture
Threat:
Tax rate is high for a foreigner like me in US.
Unstable global financial market.
Strategies:
Develop & implement a monthly and annual budget tool to keep track my financial status.
Save 25% of my salary for investment and build a monthly emergency fund – 5% of my salary.
Establish good credit history in USA.
Venture into business after completion of MBA studies by Dec 2010.
Market survey, financial studies and up to date article readings as part of the financial environment scanning for opportunity.
Develop a roadmap or plan to become a US Dollar millionaire by 2016.
Strategies to Harness the Power of Positive Thinking.
The way to experience happiness, prosperity, success and health is through the doorway of positive thinking.
The power of positive thinking allows you to take control of your thoughts and guide them in the direction you want your life to go.
Below are the Being Positive/ Positive thinking strategies :
Smile and be thankful. Each day, some things will go right and some things will go wrong. If you pay more attention to the things that go right and dwell on those things, you’ll experience more happiness. * Smile and greet everyone you meet warmly. Smiles are contagious, and you’ll instantly begin to feel a difference inside yourself. * Pause throughout the day to think about things that you are grateful for. The more you practice gratitude, the better you’ll feel about life and about yourself.
Surround yourself with positive people. Most people who soar to incredible heights of accomplishment in their lives do so because they surround themselves with positive, encouraging people. It’s hard to have a positive outlook when everyone around you is complaining all the time. * If you surround yourself with people who routinely seek the good inside of you, you’ll begin to do the same. Spend less time with negative people and more time with those who speak words of support into your life. If you do, you’ll experience greater power, self-confidence and joy.
Think constructively. For positive thinking to truly make a difference in your life, you must replace negative thoughts as they occur. Most important, however, is the need to get whatever benefits you can out of the negative thought before you erase it from your mind. * Instead of ignoring your negative thought and hoping it will go away, ask yourself if the critic inside of you is trying to teach you something valuable. Take note of the lesson, and then quickly discard the negative thought. Replace it with a positive perspective on the same situation. * Whenever you experience negative thinking, ask yourself: “What else could this mean?” If someone treats you unfairly, it could mean that they don’t like you very much. But it probably means they’re just having a bad day. How can you help? Do you see how this question can change your entire outlook?
Use positive affirmations. Often, when faced with a stressful situation, we resort to a pattern of thinking and behaving that has become a habit. How do you create new habits that support your success instead of sabotaging it? Positive affirmations are the key. * Write out the things you want in life and the qualities you want to possess. Write these statements in the present tense, and use positive language. Repeat these statements to yourself over and over again. Do this every day, and before long you’ll strongly believe the words of the affirmation you’ve created for yourself. * If a habit of thinking is holding you back, what’s stopping you from creating a new habit?
The negative thoughts of the critic inside of you serve a valuable purpose. Things aren’t always rosy, and it’s important to learn from your experiences so that you don’t make the same mistakes. However, you can begin to harness the power of positive thinking today. Apply these simple strategies to move closer to the joy and success you deserve.
I totally agree with it and Being Positive is actually the key element of 'The Seven Habits of Highly Effective People' (briefly explained in one of my old posting too) which is good for any leader or manager to practise it.
Alright.... time to continue back the CALMAT MBA internship report and assignments. ...just wanted to refresh my mind and also seeking for ideas for my homework...