As I've mentioned my goals before, I've specified that all of them are linked to each other. Achieving one of them would lead to fulfillment of the rest. Let me try to link them again. Reaching financial freedom will serve good to me and the world around me. It will lead to my flexibility of time and location as well as the possibility of giving back to the planet.
Therefore, i should start by concentrating on accomplishment to reach financial freedom. To do that i must come up with a strategy for implementing my plan and how I m going to get where I want to be. For that I need to answer following questions: 1. Where exactly do I want to be?; 2.Where am I right now?; and 3.What would it take me to get there?
Let's talk about financial freedom, first. For me, it doesn't simply mean a certain amount of cash in savings as people never feel when enough money is enough. As I approach the moment of financial freedom, it is just going to feel right. Once you feel that it allows you to accomplish other things, you should know you are at the right place.
Where am I now? I m a senior student at college, graduating with knowledge about finance and investments;) I am about to get out of school and apply for entry-level positions as an analyst. I m looking for a position at a global company so I can gain a better understanding of global markets. I m taking a course on international finance markets this semester and at the same time I m watching closely the BRIC economies ( Brazil, Russia, India, and China) as I strongly believe that those economies are going to become tremendous in size and value. As i gain experience at one of those companies, I d like to open something on my own. I know that Russia, for example, still lacks a lot of financial products and services, but the potential is big. That is an option I d like to explore further.
I believe that following position will be profitable enough and flexible enough to travel and help the world around me, which are my two other major goals.
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3 comments:
I do agree with you that certain goals lead to other goals, sorta like little stepping stones. International Markets are definitely booming right now especially the Chinese market, where shares of stocks could easily gain 10% during a day. So global markets is something you should look towards, and it seems that you are going to the right direction by taking courses that would enhance your awareness of global issues. However, I've always believed that what you learn in school and what you learn in the real world have it's own values. So definitely look for an internship or someone you can speak to that you can learn more about this market.
Hey, Thanks a lot for the commnent. What about yourself? Are you interested in research on global markets as well?
I agree that classes that you take in school is sort of into to the topoic, although it sparked the interest in the topic. I m sure that getting some real hands-on experience would be more beneficial. As a matter of fact, I am trying to get a full-time position right now, primarily with global financial firms. Many of them have rotation programs and exposure to international finance is possible, some of them do offer positions that you deal with global markets.
Hi Marina, I like how you set up your strategy, and it somewhat reminds me of this theory that Alex (Alexander the Great) had mentioned in one of his earlier posts, pertaining to the goals he wished to attain in life:
"1) where it is that you want to get; 2) what it takes generally to get there; 3) what it takes for YOU to get there"
I think that the questions you formulated are very concise and will definitely aid you in reaching your first target in reaching your ultimate goal, which I assume is to gain financial freedom. If you somehow combine this with Alex's ideology, I guess you can come up with a way to see how well you are on your way to achieving your goal in terms of how long it usually takes.
But focusing more on your entry, I like your way of defining financial freedom. Financial freedom isn't something that can be calculated using bank statements, it should be determined by when you feel it's there. Because what is freedom, other than a mental release from something binding you to acting or thinking a certain way?
Looking at your progression of steps in reaching your goal, I think you have set a solid path for yourself. Your current search for positions in a global company shows that you are already half way to getting experience in global markets and opening your own company. It seems that you are doing well, for you happen to know about the strong markets in Brazil, Russia, India and China, which definitely give you an upper hand.
Strategically, speaking this plan is pretty good, noting how it ties in with your two other goals. This shows that it allows for expansion into achieving other life goals as well. Flexibility is strength in many ways =). Your goals are definitely out there, considering the global markets that you anticipate working in, but with perseverance and dedication, I don't doubt that you'll get what you want.
--- Karup
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