Career and Finance

Wednesday, October 21, 2015

Walter Okpala: How can you lead your team to success?

Walter Okpala: How can you lead your team to success?: What are the conditions necessary for a leader to lead his team to success? Add your input to the discussion.  

How can you lead your team to success?

What are the conditions necessary for a leader to lead his team to success? Add your input to the discussion.
  

Tuesday, October 13, 2015

Walter Okpala: Walter Okpala: What really excites you at work?

Walter Okpala: Walter Okpala: What really excites you at work?: Walter Okpala: What really excites you at work? : In order to have satisfaction with your work, you need to identify what in it that really ...

Having knowledge today is easier only if you do not want to ---

We are living in the knowledge era. That means that our businesses and means of production all depend on knowledge. At the same time, the qualitative needs of consumer are increasing. What all this means is that you must have knowledge in order to compete in your sector and also have the ability to attend the consumer needs. 
     On the other hand, obtaining knowledge today is easier today than in the past. For an able mind, there are many opportunities available today for study. These are made possible by the internet. There are many universities that give free classes online or provide free study materials online. There are also free ebooks that one can download and study the material. These can be done while working a full time job. So, there is more excuse today why someone should not have a well paying job.
     What restricts people's potential is not the lack of computer or equipment for studies, but the wrong use of them. Many people have these gadgets, but do not use them for the most important thing. They use them for hobby. There is nothing with hobby. However, what will change your life for better should come before hobby. Prioritizing hobby in front of work keeps in poverty level. Think about this!          

Sunday, October 4, 2015

Walter Okpala: What really excites you at work?

Walter Okpala: What really excites you at work?: In order to have satisfaction with your work, you need to identify what in it that really excites you. Identifying this will help you lever...

What really excites you at work?

In order to have satisfaction with your work, you need to identify what in it that really excites you. Identifying this will help you leverage it so you can have an excellent performance. Without having a real satisfaction, you will just feel like a cog in the wheel. Your performance at work is directly related to your level of satisfaction. This is the reason why corporations measure the level of satisfaction of their employees. The reason behind this survey is that workers can go extra mile when they are excited and not when they are happy. This means that the concept of being happy is a limited one. The first question is therefore: how can I identify what excites me at work? The second question is: what can organizations do to excite their employees? We will answer the first question in this post while deffering the second to another post.
     Well, the answer to the first question is not so simple. It is a two-edge sword. What excites you is exactly what ignites passion in you when you do it. However, you may not recognize the passion if you are not engaged in something for some time. So, there should be engagement and dedication first in order to verify if you have passion in it or not. Many doors of innovation open when you are engaged in something or trying to find solution to an existing problem. 
     So, check yourself and see if you are really fired while doing your work!
   


 

Sunday, September 27, 2015

Sunday, September 20, 2015

Preparation for retirement

How are you preparing for your retirement? This question seems out of order, but it is good to remind workers that they should think about it. The standard of living you want to have after retirement has to be planned before retirement. Since your financial needs will increase as a result of aging, how are you going to meet these needs? How much will be enough for you? Start thinking about this issue now. Don't leave it for the future!        


Friday, September 18, 2015

How to protect yourself against the problem with public previdency 3

In the last post, I mentioned some of the questions one should ask himself regarding his income after retirement. I also suggested that a worker should first learn about investment. One of the long term investment options a worker should consider is a mutual fund. There are different types of mutual funds. Before investing in any type of mutual fund, you should find out the their track record and the return on investment over a long period of time. It is understandable that any type of investment carries some risks with it, however, the most important indicator is the long term performance. In this respect, you should find out which mutual fund gives you the maximum return over 10 years of period. Remember that you are investing this money for retirement. Therefore, it should be left to accumulate. The effect of compounding interest on a long term investing is enormous. 
     For example, one calculation done by Ramsey Radio broadcast shows that $30,000 in a mutual fund can yield about $1 m tax free after 30 years of invesment. That means that you can easily retire as a millionaire. The other information you should get is the tax issue. You must verify the investments and their respective tax codes. Long term investments generally have low tax when compared with short term investments. There is no reason why you should not retire rich. It only depends on you!
          


Thursday, September 17, 2015

How to protect yourself against the problem with public previdency 2

The reason for writing about problems regarding the public previdency is not to threaten anyone, but to bring to light one of the problems facing workers worldwide and this will be worse in the future. The objective of this post is to let workers be aware of this problem and consequently, help them prepare for their future. The future involves a period of about 30 years during a person works before retirement. One way to prepare for future is to learn about saving and investing money. It is important that every worker learns about the principles of investing. 
     The next questions you should ask yourself are:

(1) How can I learn about investment?
(2) what types of long term investments are good for me?
(3) In which companies should I invest?
(4) What should be the return on investment appropriate for me?
(5) How much do I need at retirement?
(6) How much should I have at retirement?
(7) Which investor advisors or brokers should I trust?

Have you thought about these questions? Which investment options do you consider the best? In the next posts, we will look at some of the investments options and their rate of return. So, watch out!