If you don't work for it, you'll pay for it

If there's a important lesson in life that we must learn, then one of them must be this: If you want to get what you didn't work for, you'll end up losing more than what you hope for.


This important advice applies equally throughout different domains. I give a few examples:


1. If you want to get high returns without working hard for it by studying or researching deep into it, you'll get scammed. You see newspaper report of people getting scammed by land banking, ponzi schemes, MLM and so on. Of course, you can argue that there are people who had made it big this way. However, it's seldom by dumb luck that they end up being the winners. They know what they are doing. Do you?


I remembered when I started investing/trading. Initially I wanted to earn enough to buy myself a guitar, which is around maybe a thousand? In the end, I lost about half the value of a car! Why? I didn't know what I was doing.

2. Those who want to lose weight, there's only two things you can do - eat less or exercise more, or some proportion of both each. You can't do the same and lose weight consistently. Any methods that allow you to eat the same amount and do the same level of exercise cannot be sustainable, and might actually be harmful to your health. Again, if you didn't work for what you want, you'll get 'scammed'. In this case, you might be spending a lot of money on pills or diet regime that costs thousands, and still end up not achieving much in weight loss.


3. If you see everyone jumping into property because it's so lucrative, you have to be careful not to apply their success to yourself without also applying their hardwork too. We all want great returns without doing much work - that crazy idea of PASSIVE income. Puiz...totally corrupted the meaning of passive income.


It pains me to see people getting scammed. We're at that period in the market where everyone has a lot of money but nobody knows what to do with it. Be careful. Be very careful.