Note: The post is a bit India Specific.

UAE is a buzzing country and has many world class upcoming cities. There are lot of money making opportunities in the country and lets say you made a lot of money. What now ? Money lying around ideal is basically a waste of money. This blog post i will try to highlight few of the possible instruments you should or should not invest in.

Firstly, the fixed deposits. The rate of interest in Dubai is shit as compared to India. Max to max you can get from a conventional bank in Dubai is around 4%. But critics justify the low rate of interest as a result of low rate of inflation. If you send the money back to India for a greater interest rate, you subject your self to other possible hazardous parameters like currency depreciation and Tax Deduction at Source.

Lets talk a bit about currency depreciation first. Indian currency over the period of time has gone in only direction and that is down. One dirham was once worth 6 rupees and now its worth 15 rupees. So you might make 10% on your capital as interest. The value of the Rupee goes down another 10% with respect to Dirham on a average on yearly basis . Plus, the buying power of your money goes down further 10% due to inflation back in India.

Tax Deduction at Source or TDS is another major stupid parameter. If your interest generated in one bank is more than 10,000 Rupees a good fraction of the interest will be cut as tax. So one needs to be vigilant to ensure that the interest generated is less than the threshold amount always. If you have big money, this could be a major pain.

You could invest in stocks in Dubai. But the stock market lacks volume and hardly a handful of counter have movement. The movement is so slow that its hard to even notice. The brokerages are huge and you need to buy in huge quantities to even make profits. The fundamentals of the market are not favorable for any investor. There is lack of transparency and I don’t really trust an Arab management. I am better of investing back in India or US if you ask me.

You could also invest in real estate in UAE. The terms are not favorable. The properties are located far away, maintenance fees are high and just too expensive. As far as I know, the prices are kind of capped now and chances of appreciation are slim. Because [lot of new properties should be completed in this year. I don’t really see end users for all those properties. There is a huge gap between demand and supply. Demand is less and supply is way more. So even real estate in Dubai is not a ideal location for your money.

So at the end of the day, I am of the opinion that if you don’t like taking risk keep your money in UAE. The currency is stable and not much inflation depreciation. But if you have a risk appetite, send your money elsewhere where you are confident of a double digit return.

The main challenge when you work for yourself is being productive till your full potential. I personally have issues getting things done when I am working for myself. I think there is a problem with self motivation or may be distractions. But if you look a little more deeper, they both go hand in hand.

The problem of working from home is that no one takes you seriously. Sitting at home all day does not mean your sitting idle and neither does it mean your work is less important than people working on a 9-5. But people just don’t get it. Apparently, going to a office is much more glorified. My work may involve less physical labor, stress and dead lines. But at the end of the day its work and brings home the money. Just because you go to office and bring money home doesn’t make your money any more important than mine. Its pretty funny how people are just so used to the conventional. . ( Now the next step is to figure out how can we monetize that ? )

It kinda freaks my mom out that I might not end up doing a normal job and might do something sitting at home. But, it is the way it is. I am lazy and I like it out here on the internet. I rather be here than any where else 🙂

Well I was reading this book by Napolean Hill named ‘ Think and Grow Rich ‘ . I got done with the first chapter where he highlighted that was really important to want something bad when you want to attain it. He said getting rich is possible but you just need to want it very bad. No matter what.  He used various examples at every point of the chapter to illustrate.

This made me think. When I started off with internet marketing i was much more dedicated and much more wanting because I knew what ever money i had to make was through my sites. I knew this was the only key to my ever broke life.

I worked my ass off initially to get that starting capital and buy sites and now I have a decent amount coming every month with little effort and hence i lazed down. Expansion is on pause . Lot of new plans with poor execution. The fire just might be fading away…..

Ok so what do i really want ?

I want passive 5 digits in dollars a month . I have 15 years to attain it and this year I am aiming for 100 % growth. If I do attain it, I fucking don’t need to worry about a day job because I think my sites can sustain me full time and that could be my launch pad for greater heights and attain the 5 digits a month mark.

I am adding a new site in my portfolio which is going to be worth my 2 months income and I hope It’ll add close to 20 % to my income levels. My biggest buy/investment.

I have lot of other projects that need some serious execution . If executed more $$$ at the end of the day.

How bad do I want it ?

Since I was born , I was a lazy guy. I was a easy go lucky guy. Hardly fussy about any thing and happy with my own self. I still am my own best company.  One man army you can say.

I don’t think I see my self designing planes or repairing planes at the end of the day. When I tell this to my mom , she freaks out and starts talking about the amount they’ve spent for me to complete my bachelors in Aeronautical Engineering . But this is what i feel.

I have wanted to make sites since i was like 10 years old. I’ve made my first ones with geocities and shit.  It took a while before I realized it but it all  came to together . Better late then never.

I see my self living in some sea facing apartment with a workstation with three big ass screens and living a life of luxury and hardly any work.  Probably traveling the globe.  The bottom line to attain that target is by 2026. If I could continue my current growth pace , I could attain it much earlier.

In short. I do want it. But is it as bad ? I don’t know. Probably.

I have failed , failed miserably with my aim of getting into a routine. I just tend to get distracted and keep the stuff i should be doing aside.  I would be in a whole different place , just if I used my time rite ( Burj Al Arab perhaps ? ) .

I have a network of promising sites. I have a network of promising plans and ideas. A promising career. Its all going wrong in execution. Execution efficiency is very low. I am just being able to do a part of what i actually set to do.

Enough cribbing about the problem. What am I gonna do about it ?

Obviously , things can’t continue this way and something has to be done. Flaws have to be fixed and the system needs to run on 200% efficiency ( pretty ambitious uh ? ). At the same time realizing I am just one person and cant be every where and not to overwork my self.

First of all , I am gonna try to wake up early. I have noticed , I wake up late and grumpy and then I don’t do shit. I usually get more ground covered early morning.

Second, No msn or facebook during work. If its something important they wanna talk about , they can wait.

Third,  A priority to-do list. Which not only states the priority of each task but also allots time for each. This will allow me to get the main one done first and keep the ‘Not so Important’ ones for later. Any task not completed will be carry forwarded to the next day with the highest priority.

Fourth, Break down all my projects into series of action , So i can compare , plan and compile my daily lists of task. So i know i am reaping the maximum out of my time.

That was   for me . My sites need a kick in the ass too. They need to pump two times its usual revenue because the new site I am buying is gonna set me back a fortune and the coming months are gonna be really challenging. Lately i have been showing some gratitude and taking it easy on monetizing my site.  Not any more.  I’ll be going in hard this time.

I’ll be trying out of the box monetization techniques , traffic techniques and literally anything I could make money with .  It needs to pump in more money then ever.

I’ll keep you updated on how it goes.

I am not a real hard worker.  I do get stuff done in time , most of the times. But , i don’t crave for greatness but more into meeting the bottom line.  I often tend to mess up on small little tiny details which have cost me a great deal in the past.

Things have to change , i need to step out of my comfort zone and give that extra 10 % which entitles me for greatness.  Apparently , its become very evident that I can get more things done in a routine. Doing little little every day not only gets things done but also saves you from the last minute pressure.

The idea is to get into routine and I have never been into something very organized . I am not much of a system person. But, still you gotta do what you gotta do .

I’ve gotta teach my self PHP and basics of stock analysis and carve my self a portfolio where i’ll be investing my funds. I need to start taking care of my self . I usually have a very shabby and careless approach to myself.  I know it sounds wrong,  but i do need to fall in love with my self.

I have a huge portfolio of sites to look after . The money is getting bigger and the business is getting serious. It started off as pocket money and has grown way up.  I need to get a infrastructure going which can not only support my sites but also help me get a head start for my new sites. I have very well understood , i am just one person and cant be everywhere at the same time. I need to get more people involved into this business of mine but the majority of the people I meet are ‘Useless’ .  totally lost and good for close to nothing.

I am sure as time passes , it will all come along . I’ll be where i want to be and do what i always wanted to do.