LESSONS FROM THE RICHEST MAN IN BABYLON; RULE 4

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Hello, it’s the last working day of the week and the beginning of the weekend. Trust you have had a great week so far.

Remember the Edifice, the latest product from Pwan Stars? Well, we are excited to announce that construction work for the project started earlier this week, meaning we have taken the big step towards fulfilling the home dream of our subscribers.

In the upcoming months, our engineers will be working hard, block by block to construct one of the grandest block of flats in Lagos for the benefit of our subscribers.  If you haven’t subscribed for any of our 1-bed, 2-bed or 3-bedroom apartments,  you can still do so before it’s fully subscribed. Don’t wait and regret later.

That said, this week, we shall continue in our series of lessons from the The Richest Man in Babylon book by George Clason.

Rule four says: Guard Your Treasure Against Getting Lost

Simply put, don’t lose your fortune investing in bad investments. In a bid to make more money, quicker than normal, many people put their treasures (money) in ventures that end up failing. Ponzi schemes packaged as investments have led many into losing their life savings. George Clason advises that the quest for more money should not make you take unreasonable decisions.

Do not be misguided by your own selfish romantic desires to amass wealth rapidly. When investing, do not take any advice from an inexperienced person, but make safe investment decisions. Oftentimes, some investments offer returns that are too good to be true. If it is too good to be true, then it is not true.

The Richest Man in Babylon connotes that, he who takes advice about his savings from one who is inexperienced in such matters, shall pay with his savings for proving the falsity of their opinions.