New Rules of Money: FOCUS


New Rules of Money: FOCUS

Investing is all about taking risks to grow our heard earned money. We’ve been hearing a lot about diversification when it comes to investments as we usually hear ‘don’t put all your eggs in one basket’. “Diversify! Diversify! Diversify!” That’s what most people tell. However, according to Robert Kiyosaki, that investment rule is for average investors only and may not be applicable for other types of investors.

So if diversification is not the rule of money in investing, then what is it? Kiyosaki went on to describe a word FOCUS which stands for F – Follow, O – One, C – Course, U – Until, S – Successful – Follow One Course Until Successful and keep doing it.

Diversification is another word for Deworsification. Brokers tell you to buy more stuffs because they cannot give you the right advise on which stock or real estate is good. They tell you to buy this or buy that because most probably, they are after for the commissions that they’ll get. Once again, they are called ‘brokers’ because they are ‘broker than you’. Warren Buffett, the world’s greatest investor, did not diversify. Instead, he focused on a concentrated portfolio of stocks to grow his wealth.

Investing is synanymous to learning how to walk. You will definitely fail a lot of times but once you learned how to walk, then you’ll know it forever. Watch below how Kiyosaki presents ‘Why Diversification is a Mistake?’

As you invest, separate the good ones from the bad ones. Look for the ones that you fully understand and focus into it. As they say, ‘practice makes perfect’. It doesn’t mean you won’t lose. Failures are always a part of every success.

Henry Sy will not be called the retail tycoon if he did not focus developing his legion of SM Malls. Donald Trump won’t be a real estate magnate if he did not focus on investing in real estate. Steve Jobs won’t be remebered as the great innovator of technology if he did not focus on innovation.

What works for other people may not work for you and vice versa. If you became successful in real estate, then continue investing in real estate. If you’ve somehow mastered investing in stocks, then continue doing it. If you found success in making money online, then keep doing it. Get your hands dirty and learn what works. Don’t just invest for the sake of diversification. Increase your financial intelligence and understad each venture you are entering into.

P.S. I had the chance to be featured in an interview conducted by Bill Hazelton of Credit Card Assist where I described what motivated me to launch Millionaire Acts and the greatest achievements that I had since I started this blog.


Tyrone is a passionate financial literacy advocate. He started this blog on November 2008 when he watched The Secret which talked about Law of Attraction because he wanted to become a millionaire and wanted to know how a millionaire acts. At the age of 26, he achieved his first million. To find out more about him, click here or follow him at Instagram

8 responses on “New Rules of Money: FOCUS

  1. Form a Winning Partnership when you are in this situations, “What works for other people may not work for you and vice versa.” Henry Sy can’t have his Mall if he don’t have good Engineers or Developers.

  2. Great article ., Its really a mind opening., Of course the style you are using is still working then continue doing it..If it is not working anymore, or doesnt give you the desired results, then try something else. Just use common sense.

  3. Always interested in reading about this specific subject. Just bookmarked your blog post. I will share this blog with my friends. I guess they will see my comment here later on

  4. hi,
    i enjoy reading the blog.
    i am from israel where only now we have brought the “financial planner” occupation.
    since i am on the second seminar on this matter and ther is no reall experience here on thi proffesion i will appreciate you givin me ideas on a seminar paper i have to make.
    thank you

  5. I definitely think it’s important to get a full understanding of the company you’re investing in. People these days look way too much into numbers (although you should), but overlook digging into what the company actually does.

  6. Hi!

    This is Miko from RSA, the Largest Mutal Fund Distributor today in the Philippine Market.

    I’ve been an avid reader of your blog and I’ve notice that your articles about Money Management/Investing really aims to spread financial literacy especially at an early age to all your readers. If ever you plan on stepping up and help ordinary people/employees who have 8 to 5 jobs reach financial independence through Mutual Funds maybe you can be an official Mutual Fund Distributor too.

    A very attractive active and passive income awaits you, and all you have to do is keep on blogging.

    Just let me know if you’re interested, maybe a cup of coffee could help you decide more!

    Looking forward to your most favourable reply! 🙂 Have a nice day! 🙂

    Regards,
    Miko

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