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Mayowa Oluyede

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Six things mentally Strong People Do

We live in a world where we face challenges every day and in almost all the areas of our lives. To ensure that these situations do not overwhelm us, we need to be mentally strong. Here, we look at six things mentally strong people do.

They don’t waste time feeling sorry for themselves; they move on

Mentally strong people understand that indulging in self-pity hinders living a complete life as it wastes time, creates negative emotions, and hurts relationships. You never find them sitting around feeling sorry about their circumstances or how someone treated them.

What they do instead is affirm the good in the world and appreciate what they have. They take full responsibility and understand that life isn’t always easy or fair. By doing this, they swap self-pity with gratitude.

They embrace change.

Unarguably, making changes can frighten, but avoiding them prevents growth. Because the mentally strong understand that things may get difficult at some point, so they don’t avoid change. Rather, they welcome positive change and take on challenges.

Not only do they understand that change is inevitable they also believe in their abilities to adapt to whatever challenge comes their way.

They stay happy and never waste energy on things they have no control over.

Rather than focusing on anxiety, mentally strong people try controlling their reaction to situations and the environment. They shift focus to what they can control in their lives. By shifting the focus from the things they can’t control they become happier, less stressed, get better in their relationships, and find new opportunities to take advantage of.

Trying to be in control of everything, every time can lead to anxiety.

They are kind, fair, and unafraid to speak up

Mentally strong people strive to be kind and fair and to please others where appropriate but are unafraid to speak up. They however recognize that they don’t need to please everyone all the time. They aim to be kind and fair but say no and speak up when necessary.

They take calculated risks

People are often afraid to take risks, whether financial, emotional, or otherwise. But what a mentally strong person understands is that risk-taking comes down to knowledge. A lack of knowledge on how to calculate risk leads to increased fear.

They don’t take reckless or foolish risks; they ask themselves questions to better analyze the risk and then take a calculated risk.

Mentally strong people weigh the risks and benefits before making a big decision, they ensure that they are fully informed of the potential downsides and backlash before they take action.

Mentally strong people celebrate other people’s success. They don’t resent it.

Mentally strong people appreciate and celebrate other people’s success stories in life. They don’t get jealous or feel cheated when others supersede them.

When you resent another person’s success, it distracts you from your path and will not pave the way to your own. And then, when success comes, you may never be content because you resent others’ success.

Success comes with hard work, and mentally strong people will work hard for their chance at it.

7 Lessons You Should Not Take for Granted in 2021.

Posted on: by mayowa 2 Comments

I think Roy Bennett was right when he said, “If you want to be happy, do not dwell in the past, do not worry about the future, instead focus on living fully in the present.”

Because no matter how you wish to change something in the past, the only thing you can do is to take the lessons and make the most of the present. 

I do not want to overstate it because the media and pundits have said it over a million times, but 2020 was a turbulent year, and its impact is still being felt all over the world today. But we cannot do anything about it other than taking lessons and moving on. 

So in this article, I want to share 10 lessons I learned in the past year that can help you and I become even better and wiser this year. 

1. Health is Wealth; Put it First.

Health is one investment that has lifelong lasting returns. This is clear from the fact that–People affected with poor health often die at a relatively young age.

I once read that Virgil, the Roman poet who introduced the proverb ‘the greatest wealth is health’ as a word of advice for the coming generations did so because he suffered poor health throughout his life. 

Let’s be honest, a man who is too busy to take care of his health is like a mechanic too busy to take care of his tools. We saw how many people died last year because of underlying health issues when they were infected by the COVID-19 virus. Of course, viruses are not the only thing that kills, but more than ever, we all realized how our living patterns can affect our health. This year let us take our eating habits, workouts, and hygiene more seriously because, without good health, nothing else matters. 

2. Fear is Dangerous; Defeat it.

Because of the pandemic, last year was not kind to many people. There were job losses, people lost their loved ones, and because of the lockdown that went on for months, many people got really depressed. 

To make matters worse, the global realities and economic projections of global recession created more fear than hope. But fear is not only a negative emotion, it is dangerous and destructive. It changes our perspective more than we realize and basically forces us to not think. As humans, we usually have assumptions about everything, and fear forces us to believe in those assumptions with little thinking. 

To counter this, we can use the idea of “negative visualization,” which is to imagine the worst-case scenario and challenge yourself to be mentally prepared for it and become comfortable with it. This comfort will then eliminate or at least decimate the emotional reaction to many of your fears.

3. Be Financially Prepared.

It is true that money doesn’t bring happiness, but honestly, a lack of money can bring a lot of unhappiness. Many people who didn’t save enough or didn’t have other streams of income found the last year more challenging. Money is important, but it is even important to cultivate good financial habits. This year, you must increase your income streams, and adopt financial habits that will improve your finances. 

4. Count Your Blessings; Take Nothing For Granted.

Counting our blessings requires a shift in perspective. God’s thoughts are not our thoughts, nor are His ways our ways. If we drift towards the comparative structure of societal materialism, allowing social media feeds and nightly news reports to determine how satisfied we are with the status quo of our lives, we’ll embark on a never-ending quest of never enough.

This world is infiltrated with worry and fear. Therefore, “paying attention to what we are grateful for puts us in a positive frame of mind,” wrote Lisa Firestone, Ph.D. “Also Research has shown that focusing on what we are grateful for is a universally rewarding way to feel happier and more fulfilled.”

5. Keep Learning, it Improves Your Life.

A.J. Agrawal says, There are always new skills to learn and techniques to adopt.

“The most successful people in the world understand that they must continuously learn to be successful. For us to live life to the fullest, we must continually look for ways to improve.”

6. Build Great Relationships, You’ll Need Them.

Our ability to develop relationships with others determines how successful we will be in our workplaces and in our relationships outside of work.

People are not born with natural abilities to develop and build great relationships with others. These are skills like any other that can be learned and mastered if one recognizes the need and takes the time and effort to develop them.

With the right mindset and the right behavior, you can strengthen a wide range of relationships in your life and advance them as far as you can. And with strong relationships, not only that you feel more fulfilled, but you feel more connected to the entire world. You feel that your life has real value, you have more fun and you live in the moment. An entire world of opportunities opens up in front of you.

7. Invest in Yourself. 

Investing in yourself is one of the best return on investments you can have. Whether it’s investing in learning a new skill, developing yourself personally or professionally, tapping into your creativity, or hiring a coach, you need to give to yourself first before you can give to others.

It is our responsibility to take the time to develop our gifts and talents, so we can best serve others. Investing in yourself is an example of self-love, you must love yourself before you can expect others to love you.  

Set goals, read educational books, attend seminars, and workshops to expand your knowledge and skills, take care of your health, and invest in a coach.

A coach is your partner in success who can assist you in putting these strategies into action. It is their job to assist you in creating and implementing your success plan, so you can become the best that you can be. I have been helping people transform their personal, and financial lives for years and I can help you too.

If you would like me to mentor you so that the year 2021 will be a great success for you, then click here to book a free 30 minutes, call me, and we will take it from there.

I can promise this: When you invest in yourself, a world of opportunities will open up for you.

Start Planning To Make 2021 Your Year With These Ideas.

Posted on: by mayowa 2 Comments

We have less than 50 days until the end of 2020. For some, this will cause a sense of relief that the year of difficulties will fade away, while for some it will cause a sense of panic because of the goals they weren’t able to reach, or the fear of what will happen afterward. 

As we wrap up the year in the next six weeks, I want to bring some ideas worth pondering to you, so we know how to forget the trials of this year, take its lessons, and prepare for a grand 2021. 

If you want to finish 2020 strong and start 2021 even stronger, do these::

1. Reflect on your experience this year

I know we were all excited when this year began. We had hopes, goals, and plans we wanted to achieve until the Coronavirus broke out to change everything. 

Now, think about it. How did you maneuver through the hazards that came your way this year? Some lost jobs, doing business was slow all around the world, and they locked us down for months. Obviously, 2020 was tough, yet it presented lessons and opportunities. 

None of us saw it coming, but looking back, I want you to ask yourself, what worked this year for you and what didn’t? Answer these questions and use what you’ve learned to get your ducks in order. Ask yourself, what would you have done differently and what does the future hold? 

These questions would help you understand what you should do more of, and what you should stop doing in the coming year. 

2. Plan without assumptions

We probably all assumed 2020 would be our best year to date. Well, not that it is an entirely terrible year for everyone, but it at least shows assumptions are not always helpful. Instead of making assumptions, it is better to move forward with hope. 

When we are hopeful, we are using the thinking style that forms the foundation of optimism. We need to be positive but must also be flexible in our mindset, so it becomes easy to adapt to change.

Again, a new year is around the corner and we must go into it, hoping it will be an exceptional year. The future is just a story we tell ourselves, so make up a good one. Have plans, set goals, and have a positive outlook but to remain flexible and willing to adapt to circumstances as they change.

3. Focus on things you can control. 

In life, we are not always in control because of externalities like government policies, natural disasters, health issues, and so on. All these cause the need for us to learn how to let go of how things should be and instead focus on how things are. 

This shift in mindset will ultimately help us put our best foot forward in varying situations, rather than mourn lost opportunities.

People spend a lot of time and energy worrying about things they cannot influence or change, but no one really knows. We don’t know when the lockdowns will end; we don’t know how long the virus will take before it completely fizzles out, nor do we know what will happen to the economy. So it makes it a much better idea to focus on the things you can control.

You could spend your time thinking about all the things that have gone wrong, or you could focus your attention on possibilities and opportunities.  If you ask me, I think there are two areas that you will always have control over, and they are what you think and what you do.

4. Set and prioritize your goals. 

No matter how good 2020 is to you, 2021 is a chapter and you must begin now to set and prioritize your goals for the coming year. Write the things you’d like to do, be, or have. And remember, the sky’s the limit, so don’t limit yourself.

However, even though all of your ideas and goals are important to you it is your job to figure out where to begin now. Which goals get you the most excited right now? Figure this out, focus on it, and get started. 

As you’ve probably heard before, that the smarter you plan, the more successful you will become–and of course the more your life will flow, and the happier you will be!

5. Act on the plans. 

It’s not enough to have plans, you must also act on your plans if you want to achieve outstanding success in anything.

Executing is important because it makes you realize your goal is truly realistic and that you can do what you once thought was only a dream. Is it hard to execute? Yes, but I can promise you once you get started and get in the motion of doing things, everything makes more sense.

If you want or need something and plan to achieve it, will you be more committed and motivated to work on tasks associated with the plan? I guess so, and that’s what you should do. Take action!

6. Learn something new.

In 2021, prioritize learning new skills in your plans because learning new skills is essential to advancing your career. It diversifies your job options and helps you develop new techniques to keep up with the fast-changing world. 

Learning keeps your mind engaged and body active. It helps you get new and knowledge-based perspectives on the world around you. It helps you gain new experiences, trains your brain to handle a wide range of challenges, and keeps you active.

Whichever new skill you gain, a new door of opportunity will always open for you. It will increase your confidence and help you nurture a growth mindset. Plan to learn something new. Anyway, in case you are interested in learning Forex trading, or how to invest in properties, click here to book an appointment with me, and let’s talk about your needs. 

7. Cultivate a mindset of ‘gratitude’

An attitude of gratitude means making it a habit to express thankfulness and appreciation in all parts of your life, regularly, for both the big and small things alike.

By developing a gratitude mindset, you can improve your feelings of positivity and appreciation for everything you have in your life.  Engaging in a regular gratitude practice can change your mindset, self-confidence and perspective for the better if you focus on being thankful and thinking positively. 

It’s actually easier than you may think to develop a gratitude mindset and build daily habits that support a gratitude practice of being grateful and appreciative for what you have. When you feel grateful and appreciate the things you have, the things you appreciate grow, and no matter how things turn out, this mindset will bring sunshine to your path. 

In conclusion. 

I know the year 2020 isn’t the same for everyone. Some had it terrible, some had it fair, and a few had it good. Wherever you fall on that radar, 2021 is going to be a glorious year, and it will bring relief and joy to us. 


I hope that you have found some good ideas to adopt from the above. Please reach out to me here if you have questions about any of the things I mentor on; that is personal development, property investing, and forex trading.

5 Ways to Build Resilience in the Face of Adversity.

Posted on: by mayowa 2 Comments

Tony Robbins once said, ”no matter how bad or slow things go, you’re still way ahead of everyone who isn’t even trying.” When I read that, I felt it is so true, and that he was right. But then, it occurred to me that ‘trying’ doesn’t change the fact that we all experience difficult moments in life.

At some point, each of us faces disappointment, or any form of loss, in one or two areas of our lives. Sometimes, these experiences are self-inflicted, and most times they are not. For instance, look at the year 2020 and you will agree with me that the world has experienced adversity. From coronavirus to the economic crisis and the change in how things are done, yet we have to stay resilient against adversity no matter how tough things get.

Fortunately, you can find resilience even in the toughest circumstances by focusing on a few proven strategies.

What Is Resilience?

Resilience is the ability to effectively cope with difficult life-changing events. It is also the capacity to make realistic plans and execute them, even when you don’t want to. This may mean allowing yourself to experience painful emotions, solving hard problems, or taking action when you’d prefer to step back.

However, being resilient doesn’t mean that these difficult moments goes away. What it means is that we now have the tools to better cope with life and to bounce back from the stresses, trauma, and difficult situations that are a part of life.

Hard times happen. But luckily, scientists have found out that resilience is a skill and not necessarily a natural trait that some people have over others.

5 Ways to be Resilient in the Face of Adversity Like Highly Successful People

1. Embrace adversity as a chance for opportunity.

Life is full of adversity and struggle. It’s through hard times that we learn the most important lessons in life and build resilience. Adversity often presents opportunities we might otherwise miss. Now is your chance to dig deep and face this obstacle head-on.

Hard times present you with the chance to change course, reinvent yourself or find an undiscovered bridge that will get you over this hurdle. Napoleon Hill, author of Think and Grow Rich, framed it this way: “Every adversity has the seed of an equivalent or greater benefit.” The true secret to success is the ability to embrace adversity as a chance to change ourselves and our situation.

2. Refuse to give up.

To overcome a crisis, you need to be fully committed to finding a way forward. You must approach the problem determined and motivated. This will create a mindset where you look at adversity as something to overcome and solved, not passively accepted. Sometimes dilemmas and obstacles are a chance to create alternative paths, to dream bigger, to push forward, and take even larger leaps. But whatever you do, you can’t give up. Michael Jordan has famously said, “I’ve missed over 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game-winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.”

If you refuse to give up, you will always go further than you expected.

3. Recognize your strength.

“Your strengths are like your superpowers, and they help you create a successful life that you love. To discover your strengths, start by delving into your past through a series of activities. Then assess yourself to find the traits and qualities innate within you.”

Look at other difficult periods in your past when you overcame a big disappointment or challenge. Remember how that experience teaches you that whatever happens, you can push through. By recognizing this, you will feel more empowered, as you strive to cope with your current, temporary difficulty.

4. Believe in your capabilities.

People who rebound from adversity begin by believing they can find a way forward. If you feel hopeless and powerless, it’s unlikely you’ll be successful.

Have self-confidence and a powerful belief in your capabilities to overcome tough times. Be open-minded and willing to leverage your talent, know-how, and ingenuity to overcome adversity.

5. Build relationships.

Research shows that strong, supportive relationships can be a powerful driving force behind resilience. Whether it’s friends, family, or co-workers, reach out for support, encouragement, and love during tough times.

That said, let me use the opportunity to remind you I mentor people, and I counsel on personal development and wealth creation through investing in properties, and the capital market (Forex trading). 

Would you like a free 30 mins to get on a call with me?

Click here to book a free appointment with me.

However, don’t forget that to overcome difficult circumstances, we often need to take difficult steps. Even if it’s a very tiny step, it can be pivotal in allowing you to move forward.

Ordinary people rise above difficult circumstances every single day. By recognizing that you are not alone with dealing with life’s problems, you can inspire yourself to get up and keep moving.

Sources: Entrepreneur Mag. Foundation Counselling.

How to Develop Self-Awareness and Foster Personal Growth.

“You can’t know yourself without constantly asking questions, and you won’t grow if you think you have nothing to learn.”

Self-awareness in philosophy means experiencing one’s own personality. Therefore, being self-aware means knowing and focusing on yourself enough to watch your actions, thoughts, and emotions, and check if they align with your internal standards or values.

It means having a powerful realization of your personality, including strengths and weaknesses, thoughts and beliefs, emotions, and motivation. 

However, some people do not have the level of self-awareness that can help them foster personal growth. Below, I have put together 4 simple steps to developing self-awareness. 

  1. Look at yourself objectively

Understanding one’s self might be an arduous process to go through, but with the right attitude, taking this step can be very rewarding. Looking at oneself objectively makes it easy to improve one’s self. But how do you do this? 

You start by being honest with yourself about your situation and capabilities. Psychologists call this cognitive dissonance, and it’s a defense mechanism we use to relieve the tension between who we are and who we believe we are.

If you want to feel good, keep pretending. But if you want to improve your relationships, career, business or health, be honest. See your flaws and you’ll stay teachable and grow.

  1. Keep a journal

You can write anything and everything in a journal. Writing thoughts down on paper relieves stress and clears the mind for new ideas. Create a specific time each night to write about your thoughts, feelings, successes, and failures for the day. This helps to keep track of your daily progress or the lack of it, which will spur self-growth. 

As you write, think about your actions, how you led people, or how you helped people. Think about your core values and the most important things that you are grateful for at that moment. 

  1. Outline goals and priorities

Write. This time, not just anything in your journal. This time, write your goals, your plans, and your priorities. But don’t forget to break the big goals into smaller goals, so it is less overwhelming. 

When we set goals and achieve them it creates a sense of self-awareness as we then get to realise our strengths, weakness, and potential. 

If you find it hard to set goals and achieve them, follow the SMART goal setting rule; setting specific, measurable, and achievable goals that are relevant and within a set timeframe. 

  1. Reflect

Becoming highly self-aware requires self-reflection. I advise you to set aside time for this activity, if possible, every day to view yourself in the light that you desire. However, keep in mind that daily self- reflection is more effective when you write your thoughts down and when done in solitude. 

The poverty of solitude in our society is so extreme that we don’t even notice it. Take a walk alone regularly, and that small, invincible voice inside of you will speak again.

Many people get scared of admitting their weaknesses, challenges, and strengths. But I hope that this article has given you an insight into developing a level of self-awareness that fosters personal growth. 

6 Habits That Will Help Your Personal Finances

Money management is a touchy subject to discuss, as most people can’t account for their spending or earning habits properly. Not everyone fully understands that personal finance management helps to create wealth. Therefore, in this article, I will discuss tips on managing money effectively. 

1. Always have a budget: 

The first step to proper personal finance management is creating a budget using a scale of preference i.e. a list of the items you need to purchase or debts you need to pay off in order of importance. Creating a budget might seem a little hard, but it helps with keeping track of income and expenses and this is very important to managing funds effectively. 

2. Keep track of your expenses: 

Expenses refer to the costs spent on items or services. Many people can’t recount how much they spend monthly. Tracking expenses are as easy as; keeping receipts of items bought, going through bank statements and adding up all your credit. This helps to know how to manage your expenses and tracking financial health 

3. Keep track of your income: 

Total monthly expenses subtracted from total monthly income. If you end up with a negative value, this means you are spending more than you make. Reduce your spending habits until it leaves you with a total value of zero. 

If you end up with a positive value, you are right on track and you are spending less than you make. You can then increase your savings or pay off outstanding debts. Having a clear understanding of your expenses and income is a significant step to managing your money right. 

4. Pay off your debts: 

Pay off debts with high interest rates first. Keep up with the required payments. Also, commit to paying off your mortgage as soon as you can. 

5. Save for emergencies: 

Be prepared, just as the boys’ scout motto says. It’s ideal to prepare some money for emergency occurrences. You shouldn’t touch or spend out of your emergency fund. Emergency funds serve a good purpose if you lose your job, your roof leaks, or your car breaks down. I once heard from a financial expert that our emergency funds should at least be able to cover our 6 months expense. 

Save and Invest

Cultivate the habit of putting away a certain amount of money daily, weekly, or monthly. Have a savings target because this usually helps you work towards your goals. And when you hit your savings target? 

Invest. There’s no other way to multiply your money than to invest in properties, invest in the capital market, and invest yourself.

Knowing and cultivating these habits will not only help you manage your money, it will improve your life. 

Would you like a free 30 mins call with me?

I hope you have learned one or two things from this piece. Last, I mentor people to help them create wealth and become financially independent through investing in properties, and the capital market (Forex trading). 

Would you like to get a free 30 mins to get on a call with me to discuss ways to attain financial independence?

Click here. 

Stages to Financial independence and How to Reach it.

Posted on: by mayowa 2 Comments

It is an irony of life that everyone desires financial independence, but not everyone will attain it. Not because it is an impossibility, but mostly because not everyone will do what it takes to achieve financial abundance. 

Financial independence or financial freedom means different things to different people, yet we can all agree that it means having enough money to pay your living expenses for the rest of your life without having to work full time, and still have enough saved that an emergency won’t be devastating.

Many people achieve financial independence through saving and investing over the years, while others build successful businesses that generate income even while they sleep. There are many ways to reach financial independence, no matter where you are today. 

In this piece, I want us to look at some wealth-generating habits that can help you become financially free, but first, let’s look at the stages of financial independence. 

Stages of Financial independence 

Stage 1: Financially Dependent

This is where most of us start out. At this stage, you are totally depending on another person or a menial job to survive. A financially dependent person has a lot of expenses, but little or no income at all. To leave this stage, the person needs to first get a good job, and then study up on personal finance. 

Stage 2: Financial Novice

Here is the stage where you’ve just started earning, but you still aren’t in control of your expenses, maybe because you’ve been racking up some debt or your expenses still exceed your income.

To leave this stage, you need to be more frugal, avoid debt, reduce your expenses, and seek additional income sources. 

Stage 3: Financially Precarious

This is the stage where you have stopped accumulating debt, your expenses have reduced, and you’re building up your emergency funds. At this point, you are much better financially than you used to be, but you can still progress. To upgrade from here, you need to pay off your debt and build an emergency fund that can cover 6 months of expenses. 

Stage 4: Financially Balanced

In this phase, you experience some financial stability. Your emergency fund would have been well established and in this phase debt management is under control. However, there is still room for improvement here too. So, to turn things up higher, you will need to invest. 

Stage 5: Financial Progress

This phase is much closer to financial independence, it is where you invest. Here, should an emergency or an unfortunate situation like job loss or a crisis like the COVID-19 occur, it would not cause financial ruin because you have investments to ride out a financial storm for multiple months. To step up from here, you need to build a portfolio of passive investment with a focus on investment income.

Stage 6: Financial Independence

Freedom at last. This phase is where your basic living needs and other expenses are covered by cash flow from your investments like rental income, rents, dividends, interest, and so on. At this stage, your investment income is much more than your expenses and now you can buy anything you want, travel anywhere, and upgrade your lifestyle on your own terms–without ever worrying about breaking the bank.

This is the stage that we all should strive to get to, the level of financial abundance where you have a surplus–an abundance of cash flow whereby you can be more philanthropic to causes or events that contribute positively to the lives of others.

There are many ways to reach financial independence, and it’s not just for the wealthy.

Some habits that can make you financially independent.

  1. Avoid debt as much as you can, especially consumer debt. 
  2. Ignore the Joneses (those are the friends and family you love to prove to of your status), ignore them, and focus on building your finances instead.  
  3. Cut down on your expenses, spend less than you earn. 
  4. Learn to budget your finances and always save first. 
  5. Buy assets. 
  6. Invest now and keep investing. 

That said, I hope you have learned one or two things from this piece. Last, I mentor people to help them create wealth and become financially independent through investing in properties, and the capital market (Forex trading). 

Would you like to get a free 30 mins to get on a call with me to discuss ways to attain financial independence?

Click here. 

5 Myths About Forex Trading Demystified.

Posted on: by mayowa 4 Comments

Foreign exchange trading (forex trading) is an international market for buying and selling currencies. It is a global decentralized or over-the-counter market conducted electronically between traders through computer networks. 

At $6.6 trillion, the forex market is the largest and most liquid asset market in the world. In fact, it is 25 times larger than all the world’s stock markets. Currencies trade against each other as exchange rate pairs e.g. EUR/USD exchange rate currencies rise and fall because of varying factors in economics, and geopolitics, etc 

If you are new to the forex market and wish to learn the basics of trading, one thing to put in mind is that there are a lot of myths about forex that have risen over the years. Most of these myths arise because of exaggeration by some traders or for misunderstanding of the basic trading principles. 

In this article, I will spell out these popular myths.

  1. It is easy

The largest myth about forex trading is that trading in the forex market is a simple task. Well, this is so true, yet so wrong. Trading currencies successfully can be one of the most challenging moves one can undertake in the FX market. Some traders have made people believe that as soon as you fund your live account, it can make money, but that’s too simplistic. Forex trading involves taking risks and requires a significant amount of time and effort put into practicing and developing strategies.

These risks can, therefore, be reduced by being very careful when entering a stop loss, entering a stop loss too close to the original position means you are likely to be filled with an order only to see the rate resume to its original direction. Besides the volatility in currency pairs, there are the fundamental aspects that can drive a currency up and down, it depends on central bank announcements, major news releases, geopolitical events, etc making exchange rates become more volatile. 

Trading in the forex market is therefore not as easy as they have made it to look. Nevertheless, it can be learned, because most professional traders have spent years learning the skills of trading either through mentoring with another successful trader or by just developing strategies that work for them.

  1. FX trading is like casino gambling

This is yet another misconception about forex trading. Some people believe that trading forex is like gambling, but that is not the case. Gambling involves making blind bets while forex trading involves taking strategic risks. As a forex trader, you can make use of money management practices to trade currencies; using sound technical and fundamental market analysis methods increases the odds of trading successfully in forex. Forex trading involves speculating since we put an amount of capital at risk, but it is more strategic and different from gambling. 

  1. Forex trading requires a lot of money

This is one of the most popular myths about forex trading. Back when forex trading wasn’t available online, the retail traders did not have access to the interbank forex market; this is the wholesale currency arena, where traders from large banking institutions trade amongst one another. Access to this market was not possible unless you have a very high net worth and can trade over $1000000 but ever since introducing online forex trading, anyone could be a forex trader just by having a computer, internet connection, and a modest amount of money to invest. 

  1. Traders should watch their screens all the time

This is another great fallacy about forex trading. I do not expect anyone to watch the forex market all around the clock. This myth was derived because the market trades on a 24-hour basis. Professional traders follow the 24 hour market timing by leaving orders with fellow traders working in different time zones to watch the trades for them. As a retail trader, there is no need to watch the market constantly especially if you use bracket orders, which is why it’s advisable to automate your trade, plan market analysis to identify trading opportunities for you so you need not monitor the market yourself but monitor your system’s alerts. 

  1. Forex trading is a scam

One false belief that has been going around is that forex trading is a scam. As defined at the beginning of this article; forex trading is the buying of one currency and selling another simultaneously. This does not differ from buying a new cloth or shoe at a fashion boutique around you. But some people have tried to take advantage of others who are unsuspecting and ignorant.

Despite being one of the world’s largest financial markets with over $5trillion every year, the forex market has been hit with negative reviews at different times because of dishonest people who involve in Ponzi schemes to make illegal profits and claim to be making high yields by engaging in forex trading. 

This takes us back to the common “forex trading is easy” line. They tell you that will make fast money in a quick time by investing a particular amount with them to help you trade. And that’s how many people get scammed of their hard-earned money. 

There’s just a rule to it; trading in the forex market is difficult and requires a lot of patience, willingness to learn, and mastery and application of logical and trade strategies which I have used since I started trading successfully in 2008. 

Would you like to know more about forex trading? I have an ongoing training called The Forex Money Machine where I help many people make money daily. Book a free 30 minutes call with me if you’re interested. 

The 5 Pillars of Wealth Creation.

When we want to talk about creating wealth and prosperity, we need to know as a matter of prerequisite knowledge that there are five pillars of wealth creation. 

Like moving from one destination to another, wealth creation is a journey. And as you know, when embarking on a journey, you need to be clear on where you are going” 

Below, I briefly explain the five pillars; 

1. Real Estate as a means of wealth creation

Investing in real estate is profitable anywhere in the world. However, to do so in the UK, all you need is a broker to guide you on how to buy a property. If you buy a property in the UK, it takes 8 -12 years for the property to double in value, that’s assuming you buy a property for £200,000; in ten years’, they can value it at £400,000. 

To achieve this, you can learn how to use other people’s money. We refer to it as OPM. Although banks give loans to people to buy properties, sometimes they collect an interest of 10% or 25% leaving the individual with 90% or 75% respectively. 

That said, one of the biggest challenges of buying real estate is fear; fear of increasing interest rates, fear of tenants not paying rent, fear of losing property, etc, but the key to success is looking forward to positivity more than negativity. 

2. Business ownership as a means of wealth creation

It is easy to start a business, but kindly note that going into business is not just about starting a company, it’s about solving a problem i.e., your business should solve a common problem in the society whether it’s a consulting agency, in real estate, or an educational agency.

The beauty of running a business is that you get to recruit people to work for you, leaving you with more time to create and build capacity to solve more problems. There’s no guarantee that the road will be rosy, so never forget that a failure is an event, so if you fail, try again because if you don’t start on a journey, you can’t go anywhere. 

3. Investment as a means of wealth creation

When we speak of the capital market, we talk about investment in stocks and shares. Taking a cue from Robert Kiyosaki’s rich dad cash-flow quadrant, which shows four categories of financial intelligence; the employed, the self-employed, the business owner, and the investor. 

Being in the investment quadrant means you have your money working for you, you’ve invested your money in companies that understand the art of investing in stock and shares and have a good balance sheet. These companies will pay you dividends regularly. 

4. Sales and marketing as a means of wealth creation

We are in a digital world, so understanding digital marketing is highly critical these days. One’s ability to make money online is a significant advantage.

 An example of a digital marketing company is amazon; one of the biggest companies in the world. And Amazon is ‘just’ an e-commerce/online platform. These days, you can virtually market everything online, from products, events, webinars, courses, etc. 

5. Branding as a means of wealth creation 

This last pillar is a combination of other pillars. Be known for something, make a name for yourself, and get paid for it. For instance, if you are into real estate, brand yourself to a point that you get paid for attending real estate conferences, etc. 

The point here is to brand yourself as an authority in your space. 

Would you like to get a free 30 mins to get on a call with me to discuss any of the pillars of wealth creation and how I can help? 

Click here. 

The Golden Rules of Property Investment.


Property investment involves the purchase, ownership, management, rent, and or sale of real estate for profit. While this definition makes it look so simple, there are certain rules that you should follow.

Buy property from motivated sellers. 

Motivated sellers are people who really need to sell off their properties, probably because they have a problem, this makes them more flexible on the price and terms of sale. They place little priority on getting a tremendous amount of money, but it’s about the speed of certainty of the transaction occurring. Most people set up properties to make profits from it but as time goes on they become motivated because they’ve got a deadline to meet or they are moving to a new location.

Don’t buy to sell. (At least not yet)

Property investment builds capital that provides a constant and reliable income. Never purchase a property intending to sell it. This is because of two reasons. The value of money depreciates while the value of the property appreciates. You could sell your property today and the exchange rate increases, that’s a loss of profit. Selling a property can be costly too, it will saddle you with paying tax gains and agent’s commission.

Location.

Buy properties in an area of strong rental demand. If there’s no one to rent property to, then there’s no point buying. You can check the Internet for the rate of rental demand in a particular area, check the new happenings there, it could be at a higher rate in employment, an extension or situation of new universities, New supermarkets, new hospitals, etc any reason that could cause increased population in the area.

Add value.

You can force an appreciation of value on properties by manufacturing capital growth through renovations. Indulging in the right cosmetic renovations instead of structural renovations can produce more profit than doubles the cost of renovation in a quick time.

Buy a property that gives positive cash flow.

When you take all other costs away; mortgage, insurance, management fees, household fees, security fees, etc, have some profit left for you. If there’s no profit left, it’s a liability, not an asset.

Invest for the long term.

If it’s a place of limited accommodation and an increasing population, this means property prices will go up over the long term, enjoying a monthly cash flow. You could pass it down from generation to generation; if the properties are well structured.

These rules are steps to minimize risks and maximizing returns with property investment. 

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