66. Knowledge of investing and money management must be past down to three generations

66. 投資理財的知識，要下傳三代才可以
 
Precious advises to success  -  36 secret codes
導向成功的金玉良言 ---  成功秘碼  36條

如何致富？且聽聽看富爸爸富媽媽是怎麼說的。

Not knowing how to invest or investing improperly can shrink your wealth.  Only you are accountable for the shrinkage of your wealth.
「不會投資理財或錯誤的投資理財，會讓你鈔票變薄 ( 縮水 ) ，讓你財富縮水的責任，是你自己的責任。」
 
If you possess a large amount of cash, you should invest it in things that tend to retain its value, such as precious metals, energy, or real estate.
「如果你有大量的現金，你應該去做貴金屬、能源、房地產等具有保值功能的投資。」

Immobile water becomes stagnant; immobile money becomes a pile of trash.  Even when a person has millions of dollars in cash, if he doesn’t know how to invest, utilize, or spend it, that money is as good as trash.  It becomes a waste of financial resources.

 「 水不流動就是死水，錢不流動就是廢紙一張。人若抱有百萬現金，而卻不懂得去投資 ( 消費、花費 )，那鈔票就像廢紙一樣，是一個經濟資源的損失/浪費。」
Each person must learn about financial investments to mobilize their capital.  By investing the money, allowing it to multiply, it will not only increase the wealth of the individual, but also move the entire economy towards prosperity.

「個人要學會投資理財，讓自己的資金流動起來，把錢拿去投資，讓資金達到加乘效果，這樣不單可以使個人財富增加，也同時帶動整個社會經濟繁榮興盛。」
Real estate is the linchpin of the economy.  While the real estate market is hot, the economy will rise.  Likewise, if the real estate market is in decline, then so will the economy.

「房地產業是帶動社會經濟發展的龍頭，只要房地產業興旺，經濟就會好轉，或者說，只要碰到房地產衰退，經濟就會變壞。」
 Social prosperity and progress is driven by the real estate market.  The real estate industry depends on the influx of massive capital; therefore investing in real estate creates a niche for the flow of capital. It will benefit you the investor and initiate social progress, killing three birds with one stone.  Everyone wins.

「經濟建設需要龐大且足夠的資金。投資房地產就是對社會經濟的發展提供了資金來源，這些投入的資金能幫助經濟建設快速的發展起來。社會的繁榮進步是須要靠房地產帶動，房地產業須要靠大量的資金支持，投資房地產就是對社會經濟的發展提供了資金缺口，這不僅讓你獲利，也讓社會進步，這是一舉三得，讓多方蒙利的好事。」

While everything else is on the rise, only the US real estate market is dropping through the floor. This is the best opportunity to invest in the US real estate market.  The further it falls, the more reason to invest in it.
「什麼都在漲，只有美國房價直直落，這就最佳投資美國房地產的時機。美國房地產越是大跌，越是要投資美國。」
 
The best time to invest is not when the market is hot, but while the market seems to be at its worst.  With great risk, comes great rewards.
「投資不是要選擇最旺的時機進場，投資是要選擇最冷、最差的時機進場，這就是險中求勝的道理。」

Not everyone can recognize an opportunity.  When it’s something you can’t see, but I can, that is a true opportunity.  We must not await opportunities, but create them.

「機會是你看不到，但我看的到，這才叫做機會。機會是創造來的，機會不是等待來的。」
 
Don’t expect to earn money that everyone can earn; go for the money that others cannot earn.  Don’t pretend to be someone you’re not.  Without strength and tenacity, never play the stock market or the housing market. 
「賺大家賺到的錢，你是賺不到的，賺大家賺不到的錢，你才能賺得到。」
「千萬不要打腫臉充胖子，沒有實力的人，千萬別去炒股票、炒房子。」

One, who does not have the habit of saving, has a bleak future.
「沒有儲蓄習慣的人，他的前途是暗淡可憂的。」
 
If a man has cash but doesn’t know how to invest, his future is just as bleak as the man who doesn’t save up.
「抱著現金不知投資的人和沒有儲蓄習慣的人是一樣的，其前途都是暗淡可憂的。」
 
You can never have too little to learn how to manage and invest your money.
「不管有錢沒錢，任何人都要學會投資理財。」
 
You can never be too young to start learning about money management and investing.
「不管年齡如何，任何人都要趁早學習投資理財。」

Money does not just belong to the rich.  Lack of money isn’t just for the poor.  The poor can become rich through hard work, just as the rich can become poor if they don’t work hard.「有錢，不是富人的專利，沒錢，也不是有窮人的專利。」只要你努力，任何窮人都可以變成有錢人，富人如果不努力，一樣可以變成窮人。」

If you don’t constantly learn and improve, your outdated knowledge can become a hindrance to success rather than an asset.
「只要你停止學習不在進步，你的老套知識將會是你成功的絆腳石，而不是你成功的助益。」

If you don’t work hard, you cannot succeed.  If you don’t study, you cannot improve.  If you don’t invest, you cannot grow rich.
「只要你不努力，你就不可能成功，只要你不學習，你就不可能進步，只要你不投資，你就不可能成為富翁。」
 
You shouldn’t allow your age nor wealth to be a reason for complacency.  Once you stop learning about investment, your financial knowledge will regress, which can lead you to poverty.
「不可 以老賣老，不可 以富賣富。只要你停止學習投資，你就會退步，甚至會變窮。」

Having a multitude of skills frees you from the fear of losing your job because you can always choose to start your own business.
「只要能具備多種專長，你就不怕被解僱 (失業)，甚至失業之後，你可以自己創業做老闆。」
 
Before you start a business, you must learn to invest.  Before you invest, you must learn to manage your money.  Before you can manage your money, you must learn to save up.  Before you can save up, you must learn to have self-control and be frugal.
「 創業之前要先學會投資，投資之前要先學會理財，理財之前要先學會儲蓄，儲蓄之前要先學自制與節儉。」

“Learn to live, live to learn.” This statement is true for life as well as financial management and investment.
「活到老，學到老」不只是做人做事是這樣子，投資理財也是這樣子。
 
Don’t plan your financial management and investment for one generation.  Plan it for six generations.  If you don’t understand the true essence of investing and money management, you will suffer defeat.
「投資理財不只是一輩子的事，而是六輩子的事。如果你不懂得投資理財的精義，你將會失敗的很慘。」

If children grow up and live their lives in poverty because the parents didn’t have the means to invest in their education, then the parents are to blame.  Likewise, if generations live in poverty because they did not know to invest in real estate, then the ancestors are to blame.
「沒有能力投資孩子的教育，讓孩子不去上學，變的窮苦一輩子，這是父母的錯。同理，不懂得投資房地產，讓自己的子子孫孫變窮，是祖先的錯。」

Not only you must learn how to manage and invest money, you must be able to pass the knowledge down to three generations.
「不僅僅你自己要學會投資理財，而且投資理財的知識要下傳三代才可以。」
Knowing how to manage and invest money ensures your wealth will not shrink.  Knowing how to pass the knowledge down three generations ensures that the wealth you accumulate can be passed down as well.
「要懂得投資理財，你的錢幣才不會變薄。要懂得理財的知識要下傳三代，這樣你的財富才可傳遞下去。」
 
Managing and investing money is an essential knowledge that everyone should possess.  Schools won’t necessarily teach you about it, but Tom Tang will.
「投資理財是人人必備的學問。學校老師不一定會教你，但是唐冠軍他會教你。」

Investing and money management should be a lifelong study.  Never skip a day without furthering your knowledge in it.
「要終身學習投資理財，投資理財是不可一日荒廢的。」
 
Learning to manage and invest money is the best way to combat poverty.  Teaching your children to manage and invest money is the best way to pass on your wealth.
「學習投資理財是抵抗貪窮最好的方法，教導子孫學習投資理財，也是傳遞財富最好的方法。」

The reason that family wealth can’t last more than three generations is because parents fail to set an example or teach the knowledge of investing and money management to their children.
「富不過三代的原因，是父母沒有做好投資理財的榜樣，也沒傳授投資理財知識給下一代。」
 
Passing the knowledge of investing and money management down to the next generation is even more valuable than leaving them a large estate.
「傳授投資理財知識給下一代，比你送孩子家產更重要。」

 Children who know how to invest and manage money can increase their wealth tenfold.  Children who don’t know how to invest and manage money will decrease their wealth to a tenth.
「會投資理財的孩子，會把一變十，不會投資理財的孩子，會把十變一。」
 
By passing down the knowledge of investing and money management, you empower your children to manage their own wealth, to increase their wealth tenfold, generation after generation.
「傳授投資理財知識給下一代，就是希望孩子夠能好好理財，把一變十，把十變百，一代一代一傳富下去。」

 The knowledge of investing and managing money is like an heirloom, it should be passed down from parent to children to grandchildren, to ensure that your family stays wealthy through the generations.

「應該要把投資理財的知識當做傳家寶，代代傳遞下去，這樣才能保證你的子孫富過三代。」