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W2DQ4: Increasing Financial Intelligence

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Recommended: Financial Literacy Chapter 14

W2DQ4 I am interested in increasing my financial intelligence personally and professionally for a few reasons. First, I would like to increase my financial intelligence within my personal life so I could learn how to save and invest my money more effectively. Furthermore, I think by increasing my financial intelligence I would establish a firm foundation for retirement and having this supplementary revenue would allow me to give back to the community. With that being said, I would particularly like to invest in nonprofit organizations that address homelessness and the betterment of women. Additionally, I would like to increase my financial intelligence in the workplace. If I can have a better understanding of the economic aspects of my
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Intelligence is what gets us by everyday; it gets us jobs and helps to provide for ourselves and others. I'm not saying you need to be the smartest person ever to be successful, but you at least have to be smart enough. Gladwell mentions that "Langan’s IQ is 30 percent higher than Einstein’s. But that doesn’t mean Langan is 30 percent smarter than Einstein. That’s ridiculous.

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Having an opportunity of practical intelligence is important for achieving success because people can change the situation to their desire by using practical intelligence. Even though asserting oneself is also an important requirement to succeed by appealing with confidence, better results of asserting yourself are guaranteed through capability of practical intelligence which is the ability to knows what, when, and how to say. In chapter 4 of Outliers, practical intelligence is mentioned as a key to success. For example, there is a case of Chris Langan and Robert Oppenheimer in outliers that shows the importance of practical intelligence. Even though they both have high IQ, Robert Oppenheimer succeed, but Chris Langan does not.

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At helping helps we provide you all the necessities you and your family may need. As I have have said, as a millionaire now, I want to make sure that everyone is taking care of and that I help in any possible way. I want to also invest in buying stock and selling it so I can continue to gain and save money. First I will decide on how I want my investing style and strategy on which way to go. I will also the learn the cost of different types of stocks and once I figure out which is the best for me, I will invest in good

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This industry is also a far exceptional place for maximizing my analytical skills, enhancing my mental capabilities, and even solving daily problems which I will encounter in the future. I have become more determined and meticulous in order achieve my quest as I will not falter at any challenge that is thrashed at

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If you aren’t comfortable buying individual stocks, low-cost index exchange-traded funds or mutual funds are fine, too. Whatever method you choose, you must be patient and let time do its work. With the wealth of information available – in books, newspapers and websites – anyone can learn to invest. Buying and holding a portfolio of conservative stocks or funds isn’t hard.

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