April 27, 2007

How Not to Lose Your Money


There are many ways to lose money, hence this list is not exhaustible. You can lose money by very simple and straight forward ways like by misplacing it, being careless with it, exposing it to theft, giving it to an ingrate e.t.c. There are also more complicated ways of loosing your money, like buying a product that won’t sell, a product that doesn’t work, being duped, investing in shares that is going down and selling before it goes up, gambling e.t.c. The list goes on and I’m sure you can remember many ways in which you have lost money. This is however not about all those ways, it is about a way that is common these days, and one that you might encounter if you get “gear” before you get “wit”.

Increasingly I see people developing a fundamental attitude about investing their money. People say that investments are all about putting your money somewhere where you don’t have to worry about what is being done with the money, so far you get your interests. This is wrong. Mark my words, any money you make without work, will not last! Even if what you are doing is investing, you still need to do the work of research, of fact finding, of monitoring the trends, of planning, of knowing when to go in, and when to go out. The richest investors in the world are working at it, anything that makes you believe otherwise will make you poor. The God ordained way of making money requires work.

Recently, I have been hearing people say all sorts of things, and make all sorts of requests. These high yield schemes are making people so lazy, they will not be able to profit from the money they claim to have made. I have numerous offers on 6k4you from people who ask me to create a method where all they need do is put their money down, do no work, and earn. It is very possible, but i fear that on the long run they will lose. People don’t want to work anymore, they want to earn. When you earn all the money, what will you use it to do? Let me guess, create a business where you can make more without having to work? Or just spend till you die? Let’s face it people, the way out of work is to find enjoyable work. When you put your money somewhere without doing the prerequisite work, you are gambling, and believe me, that is one of the surest ways to lose your money.

6k4you/Revolving Travel/Clubfreedom is not an investment scheme, it’s a Multilevel Marketing/ Network Marketing business. It’s like FLP, GNLD, TIANSHI, e.t.c, only that this time the products are not health care products, they are travel vouchers and travel packages. It’s a business, not an investment, it means you’ll work. The work is not easier because it’s online, it’s work, real work. I met a guy for example on Sunday who told me he wants to cycle out in 3 weeks, I advised him to work. He is working and in just 5 days he’s made it to qualified position. He might indeed cycle out in less than his target. It’s work, if you don’t want to do it yourself, you might need to hire people to, but then, you’ll still need to manage your hires.
Yes, I agree you can get your money to work for you, but check it, those whose money work for them, have made it their business to work on their money. The road to “get rich quick” continues till you get to the road that leads to “get poor quick”. When you work, you gain the wisdom you will need to retain the money. Work does not need to be laborious, it can be perfectly enjoyable. The best way to let your money work for you, is to work on it. The way not to lose your money is to be fully aware of what is being done with it. The way to ensure you retain your money, is to make sure you develop yourself so that your capacity can increase. Remember, he that empties his pocket to fill his brain, will end up filling more than his pockets. Don’t be a gamble, be informed.

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25 thoughts on “How Not to Lose Your Money

  1. Thanks Deolu,
    I was just going to get some clarifications on that,i have been thinking of investing in the 6k4u but i am not a good marketer that’s why i am a bit discouraged now.I signed up for Tianshi but got stuck cos it involves marketing.
    What can people like me do then,i am not lazy i am just not a marketer.
    Rosemary

  2. good one, i just got home from a seminar at your office, and i must say i am very impressed with the whole 6k4you system, ive been battling with my brain since to try to find a loop hole but i havent been able to find one. It just seems like the system makes everybody happy. hope i get to move up quick because im definately ready to do all the work it takes

  3. Hello deolu,

    Please I will like to find out if there are any cost attached to the Seminar scheduled for this Sunday.

    Very urgent please

  4. Thank you for bringing this home-truth to peopleo, a lot of people want to be spoon-fed all the time meanwhile their future and destiny dey their hands o. No one is better suited to look after another than the person him/herself. People should read the parable of the talents in the Bible. You gotta work to make returns. No pains no gains is the usual slogan you hear in gyms during workouts, but it applies to investing as well. Spend time to research, read, analyze trends and make calculated decisions. Does it not feel good to be the owner of one’s success? It is truly satisfying.

  5. Thanks Deolu,

    Have you been able to use the voucher or ticket for any travelling or are the monetised?

    Keep up your good work you will never go un rewarded by God Himself.

  6. Thanks a lot Deolu for the good job you are doing on this site.
    Just a small reminder to everyone that while we are concerned about our treasures here whether in Nospetco, sefteg etc… we should not forget the ultimate place to lay up treasures.
    Let’s start working on that as the Lord has enough “land space” to accomodate our mansions.

  7. The way to ensure you retain your money, is to make sure you develop yourself so that your capacity can increase. Remember, he that empties his pocket to fill his brain, will end up filling more than his pockets.

    i have taken this statement to heart…

    i agree absolutely that 6k4you is really hardwork…but let me also add that its fun. i have made new friends marketing…

    lazy people should not venture into 6k4you programme…lest they slow others down

  8. Thanks so much Deolu, this is a very important truth you’ve talked about today, it really pleases my heart because i’ve also been encountering people with such attitude. Majorly i apprecate the clarification you made about 6k4you that it’s a business that is selling products. Keep up the good work, thousands appreciate you and are learning from it, eternity will not forget your labour of love, i’m expecting the next nuggets too…

  9. Very good points made by Deolu. Most people love the idea of making big money while doing no hard work. Marketing to some people is like begging which is almost naturally against our ego. Deolu has rightly pointed this out in one of the earlier posts.

    I am not a good marketer myself. but i think trying the 6k4u would help me build the skill.

    @Deolu, I would like to join the seminar on Sunday. hope i’m not too late. what’s the procedure 4 paying?

  10. Truth be told, 6k4you is a good way to join clubfreedom, but you haven’t told us the catch yet.
    It’s good to think beyond the box, and from my mathematics, 6k4you looks like a deliberate RIP OFF.

    Number 1: Clubfreedom costs 27,000 naira maximum to register via Mastercard, anywhere in the world. Why is 6k4you as much as 24,000. If one can add up 24,000 naira one would save the blood of 6 people held down in 6k4you and have them in clubfreedom directly. Does it mean the effort applied in 6k4you cannot work directly on clubfreedom?

    I think it would be a better idea to organise a similar 6k4you scheme but this time around directly to clubfreedom and RT, i’ll show you why this pyramid scheme/scam is not the best for Nigerians.

    Level 1 You
    Level 2 Friend1 Friend 2
    Level 3 4 5 6 7
    (You can now leave for clubfreedom, 6 other people are in RT’s net meaning the four people at the bottom’s money were used to pay for You to enter clubfreedom. They gain the middle level people’s money ALWAYS.
    Now let’s see how horrible it continues.

    Level 4 8 9 10 11 12 13 14 15 (Friend1 and Friend2 may now exit, 12 people now stuck)
    Level 5 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
    (Now the original 7 people are finally in clubfreedom after some hard labour. But the fact is 24 people are in the drain in RT. by the time you have 20 people in your clubfreedom downline, imagine the scores of people that’d be languishing in their RT tables. They promise extra legs when you move the first 6 (just to appeal to your greed) but in actual fact many people’s monies are being held down.

    Maybe if we open the eyes of our minds we’ll see this as a real rip off. I’ll rather go under Deolu directly into clubfreedom and raise my team there than join this pyramid scheme of a thing.

    That’s just what I feel,and of course, anyone who can pay 24k can also struggle to pay 27k and get 2 people in 7 days to do the same, and enjoy the program while others wait in the queue for a miracle in RT.

    Thank you.

  11. Hi Deolu,

    Please i signed up tru you on thursday. I was at the seminar yesterday and i had paid into your account this morning. But im having problem signing up the two people i paid for tru my link. please advise me on what to do. the username is kehindeagbejule may be you can try it yourself

    thanks

  12. @Kehinde,

    Please check your email and validate. It’s only when you have done this that you get a link. I can’t see your username as a downline, please check it out, or sign up again.

    @Idris,

    Many of the people who help transfer money for CF actually charge N33,000, what you need to look at is the dollar value. $130 for 6k4you and $200 for CF. Sure if you have money I’ll advice as I already did, that you do CF and RT, so that you can get the revolving legs. Believe me, it works as well.

    If you want to develop your team to Join CF, that’s very alright as well, you’ll move equally fast if you set your time lines, it’s just that you won’t be getting reentries.

    There are modules today that involve one person requiring the efforts of almost a 1000 globally to get them out, I think 1-6 is not so bad.

  13. Hi Guys,

    I think was not flesh and blood that led Deolu to make that clearification about investment or no investment because already a lot of people have started seeing 6k4you/clubfreedom and another HYIP or where you can just put money and go to sleep.

    I tell you the truth this is one of the simplest of the the multilevel marketing schemes, this is one of the simplest and it’s really mind blowing. Am still waiting for the day we will overcome this “get rich quick” syndrome in this part of the world. Have we ever sat down to think, some one sat down thought this over and came up with what we all are now scrambling for.
    If the owner the get rich type will he have time to design stuff like this? if Deolu was the get rich quick type too, will a site like this exist?

    this is a wake up call to us all. What legacy are we planning to leave behind that wil outlive us?

    See you guy at the top!

  14. Good One Chairman,

    Just a couple of weeks ago I felt heavy in my heart about the HYIP fad. I felt God saying that one can only get rich with these HYIP scheme but not wealthy as these schemes do not provide with it the knowledge to grow and retain the riches created.

    A wise man will generate capital from these schemes and throw them into investments where he would actively grow his money and increase in knowledge. This is the only way wealth can be created from these schemes.

    Remember, in life there will always be the “7 years of bumper harvest” after which the “7 years of severe famine” will follow. How you position yourself durning the period of excess will determine how you would fair during the period of scarcity.

    My thoughts.

    Deji Olatunde
    http://www.dejiolatunde.com

  15. i AGREE WITH YOU IF YOU GET MONEY FROM THESE HYIPS AND YPU GO ON A SPENDING SPREE THEN YOU HAVE NOT ACTED WISELY.
    I SEXPEND MY RETURNS WHICH IS PRESENTLY FROM NOSPETCO ALONE IN BUYING STOCKS BOTH PO AND FROPM THE NSE. I ADO BUY LANDS IN DIFFERENT LOCATIONS AND OPERATING A MORGAGING ACCOUNT WITH A VIEW TO OBTAINING A MORTGAGE LOAN TO BUY A HOUSE AT LEKKI OR MAGODO GRA. SO I SEE THE MONEY BEING DEPLOYED INTO OTHER AREAS.

  16. The most important thing is to be enlightened and use the returns for REAL investments in the stock market and stuff like that. All investments are risky anyways but if you keep your cash in the bank, inflation will swallow it and it will become peanuts so lets be wise people!

  17. PLS MR ADEOLU, I HAPPENED TO BE ONE OF THOSE PEOPLE THAT ARE TRAPPED IN MEGAWEALTHTEAM THAT IS CURRENTLY RUN BY THE NAME OF THE OWNER OF THIS SITE THAT IS MR ADEOLU AKINYEMI. PLS I WANT TO KNOW IF THE SITE IS TRUELY YOURS AND IF IT REALLY EXIST .
    ALSO, TO INFORM YOU WHETHER YOU DONT KNOW ANYTHING ABOUT IT. PLS TEXT MY E- MAIL ADDRESS.

  18. been reading your site over the past 2 days and just want to bring to your notice the all your writeups replae the word lose (lose money) with loose (untie a knot)

  19. @Idris,

    I feel you,its a pity that some people are stuck in 6k4you,Revolving Travel legs.One can managed to be a little bit lazy in Clubfreedom direct,but any attempt to slumber in 6k4you nobody will ever know that such person is existing in Clubfreedom till Jesus come.

    I hope teeming majority that is being held up in RT will be liberated one day.

  20. All correct Bro.!!!!

    I was once guilty of this kind of psyche- thinking I will just put my money in something and sitback, until i made losses……I now know “investing” is a ‘work-chop’ thing.

  21. people think that when it comes to investing, no work is required. thanks 4 the exposition. i have come to understand that working hard and working smart are 2 vital keys.

  22. when i first read Robert Kiyosaki’s cashflow quadrant, it opened My eyes to alot of mistakes many mad as a result of not knowing how their inestemnts are doing and that is why many who bought shares in the Nigerian stock markets are still crying today.

    the intention of any investment is to yield profit either in the short term or in the long term. it is very important to know more about any business venture before launching out in order not to count loss later.

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