The journey to success

The journey to success.
 Success: The accomplishment of an aim or purpose.
- Success is not only about having money, being rich but its about pursuing your passion and reaching your goals, targets in life.

What it takes to be successful.

-Focus: focus is needed when one needs to be successful in life, focus will make you not to relax, it will give you more hunger and zeal to keep pushing and working hard in order to achieve your goals.

-Sacrifice: This has been one of the greatest secret for those who are successful, whereby they had to sacrifice their time, energy, money, etc. It also involves taking extreme, extraordinary risks, but in the end you,ll reap a great harvest.

-Hard work: If you want to be successful in life, business, projects, etc. You have to be a hardworker, being a hardworker separates you from the rest as it will take you to greater heights, and unimaginable success.

-Develop a great habit: As the saying goes that great men have great habits, and this is true for example an athlete has to develop a habit of training in order to keep fit and be the best at what they do.

-Wisdom: inorder to expand in whatever area you are functioning, you have to increase the level of your wisdom, knowledge, and this can only be done by being humble and keep on learning, reading all the time.   

One of the world's richest man gives advice on how to be successful.

One of the world's richest man gives advice on how to be successful.

Last year, Jack Ma was the richest man in China but was edged out in 2015 by Wang Jianlin and dropped to No. 2. He’s still the 33rd richest man on the planet and the seventh wealthiest in the technology field. So, when Jack speaks, you may want to listen.
Ma knows a thing or two about being successful. He is the
founder and executive chairman of Alibaba Group, a group of successful Internet-based businesses. Ma started from meager means, but is now worth nearly $22 billion.
When he was a child, Ma developed an early desire to learn English, so he rode his bike every morning to a local hotel just so he could speak to foreigners. For nine years, Ma would guide tourists around his native Hangzhou for free to practice English. After a while, he became pen pals with one of the tourists who gave him the nickname “Jack” because his real name was too difficult to pronounce.
Later, Ma failed the university entrance exam twice, but never gave up and ultimately attended Hangzhou Normal University (at the time it was called Hangzhou Teacher's Institute) and graduated with a Bachelor’s degree in English in 1988.

His education did not end there. Jack continued English and business classes at other colleges until he completed graduate school.
Now considered the “grandfather of the Internet in China,” his beginnings came about as he says, “in a Hollywood story” way. Ma traveled to the U.S. to help a Chinese company recover money owed by an American businessman who was the company’s joint-venture partner. Ma went to the man's Malibu mansion where he discovered he had no intention of paying his debt and instead, Ma claims, brandished a gun and held Ma in the house for two days.
He talked his way out of the situation by agreeing to become the man's Chinese partner by starting an Internet company in China, but there was a problem: Ma didn’t know how the Internet worked.
When he left Hawaii, he flew to Seattle where he told friends about the ordeal and asked them to show him this thing called the World Wide Web. Ma typed the words "beer" and "China" into a search engine and when nothing came back, the idea of creating websites for Chinese companies was born.
At the time, high-speed Internet did not exist and he was using a dial-up Internet provider. He said that, "The day we got connected to the Web, I invited friends and TV people over to my house. We waited three and a half hours and got half a page,” Ma told The New York Times. “We drank, watched TV and played cards, waiting. But I was so proud. I proved the Internet existed."
To this day, Ma admits he doesn’t know much about how the Internet works. He has never programmed or written code, and doesn’t know how to use his iPad. So how is the “grandfather of the Internet in China” a multi-billionaire if he can barely send an email?
Because he is very smart and used what he could do well to his advantage.

"You invest in penny shares? what are you thinking?"

"You invest in penny shares? What are you thinking? "

The 1980 research study no one tells you about
Unless you read up on investing theory you've probably never heard about a study done by Rolf W Banz in 1980, "the relationship between return and market value of common stocks."

This study looked at shares between 1936 and 1977 to establish whether there was a link between the size of companies and the money investors could make from their shares.

The study concludes, "On average, small NYSE firms have had significantly larger risk adjusted returns than large NYSE firms over a forty year period. This size effect is not linear in the market proportion but is most pronounced or the smallest firms in the sample."

So, small companies perform better than big ones. And, the smaller they are the more likely they are to make bigger returns.

Proven to outperform bigger shares
"So when I say small cap shares aren't that risky, or that they're the best class of shares for large returns from the stock market it isn't my opinion it is a fact."

Rolf Banz isn't the only researcher to prove this. In a paper called "Dimensions of popularity", Roger Ibboston and Thomas Idzorek test this theory as well. They sort the universe of stocks by popularity, as defined by share turnover, and dividing them into quartiles each year from 1972 through 2013. They find that stocks in the Lowest quartile of share turnover the least popular stocks (and smallest) outperformed the highest quartile by more than seven percentage points per year over the period studied.

Since 2005, the top 40 index climbed 393%(the top 40 index tracks the 40 largest blue ship shares listed on the JSE). Meanwhile (the small cap index tracks smaller companies, many of which are penny shares).

Yet you don't hear about this in the media. You don't see the small Cap ETFs or scores of small Cap unit trusts. Many 'salesman' will actually warn you against small caps as excessively risky. Rather advising you to invest in slower growing large cap shares.

So why isn't everyone investing in small caps?
If penny shares are so great, you'd expect everyone to harness their amazing profit building potential and get rich. 

But that's not the case at all! 
You see penny shares penny shares are so small, the big fund managers can't trade them. This is because big investment firms have billions to invest. But if the company they buy into is a penny share, its worth only a couple hundred million. These big funds wouldn't be able to buy a meaningful amount of these shares without the price shooting through the roof with a big order.

This immediately cuts into their potential profits, so a penny share just isn't a sensible way to play the market, when you're a big boy. However they're great for the little guy and first time investors! But because the "big boys" ignore them, the mainstream media does too.