never put all eggs into one basket
@happyhappylife (95)
Singapore
April 22, 2013 8:18pm CST
We all want to earn money as much as we can, don't we? Sometimes
when we are attracted to one system, we tend to focus 100% on it. We put
high hopes that this one will work for you. But nothing in this world
is guaranteed. Everything has a risk. Even while typing here, there is a risk
of computer suddenly shut down. I have learnt ny lesson. I have been
working so hard in a system that i thought it works., dedicate my life doing it.
But it did not come true. I am very upset. So the moral of the story is never
put all eggs into one basket. Diversify is the solution. If one egg is rotten, we have
hopes on the other eggs. Do you agree? Have you experienced like this before?
Luckily i have mylot to work on here, rather than hoping so much on
the other site that i am now feeling very upset.
2 people like this
6 responses
@nishdan01 (3051)
• Singapore
23 Apr 13
Yes!, I agree with you on this. I tried spending much of my effort on a site doing stuff. One day, I asked the moderator about something that was deleted. In the rage, they moderator deleted my account itself. I was so crushed...but I continued to pray and that made me realize that God had better things in store for me including a full time job.
@wujinlong (1)
• China
23 Apr 13
HI, happyhappylife, I agree with you too. However, sometimes, I have a question. If we always have several ways,preparing for failure, we generally can't focus 100% on it as the same as you said. So the probability of failure will increase. Because most of us will think about that if failur,we have other ways to do. In other words, it may be a hinderance of being success in some time. So how do you think about it?
@varier (5685)
• Indonesia
23 Apr 13
Yep, agree. If Plan A doesn't work, go with Plan B. If we don't prepare another plan, we'll be a lot more upset and face more loss. 
That's why I am being on several sites, keep updating the status of each sites, and keep watching for any new potential sites. If one gone, there're still more.. 
That's why I am being on several sites, keep updating the status of each sites, and keep watching for any new potential sites. If one gone, there're still more.. 
@ARIES1973 (11426)
• Legaspi, Philippines
23 Apr 13
I think most of us here will agree with you on that premise. Especially online where even the strongest and the well established sites may go down. Well, even offline, we need to put it into practice of not putting our time efforts, and investment in one particular venture.
So you mean you had a recent experience in this regard?
@srisahara (4508)
• Indonesia
23 Apr 13
Yes, it is a good idea to reduce the risk of investment. Most of investment performer will do it, because we cannot avoid that investment is a gamble. Take some investments to maximize as well as minimize risk is a good idea to keep your money. I also do it when I take investments.
@bintang9 (196)
• Indonesia
23 Apr 13
I really agree with the statement. In business field never put all investment in one investment instrument. This for anticipation of the worst possible of your investment. If you put down entire wealth you are on one investment then your investment experiences losses, you will loss all of your wealth.
We can get the different investment such as property, gold, shop, etc.
I had experienced such experience, I was bankrupt and I only had a business. But I still luck, because I work at a government office, so I still can continue my life. Since then, I try to find out many kind of business and investment.
