Financial Freedom Plan and Ideas

Super Affiliate Success Story

2008-10-10T23:52:00.000-07:00

We all love to hear about people being successful, and I want you to take the time to read this story because you can learn a lot from it.

Internet marketing expert Liz Tomey is known as a "softy". She has a real commitment to people, and when she found one of her close friends in need, she came to the rescue, and turned a total newbie into an "insane affiliate marketing machine".

You see, Liz's close friend Michele was going through a divorce, and losing her husband's income. She knew that she couldn't pay all the bills and in turn would have to sell her house, and uproot her little boy from his "little world". All Michele really needed was a few extra grand a month to pay the bills and keep everything "normal" for her son.

Now to some of you that doesn't seem like much, but to most of you, a few extra grand a month means a lot.

So, Liz took 5 days out of her schedule and showed Michele one of her very own affiliate marketing systems that had worked for her for years.

Now Michele had never heard of affiliate marketing before. She knew how to check email and surf the Internet, but had no idea that you could make money online.

Boy was Michele shocked to find that after 5 days of implementing what Liz taught her she was able to make over $500 and get 400 new subscribers that she could make money off of time and time again.

Michele wont be worrying about bills now as she continues to make money. She'll even be quitting her job in just a few months!

With Liz's teachings, Michele has an easy to obtain income goal of $500 a day, and now Liz wants to show you how to do the same thing...

http://www.dotcomwealth.com/5daycashmachine/

Like Liz, I'm very proud of Michele, and hope that you will take advantage of Liz's help, and start creating your own autopilot affiliate income today...

Grab the new course from Liz, and get started right now .... http://www.dotcomwealth.com/5daycashmachine/

The Tenets Of Financial Literacy

2008-08-04T03:33:00.000-07:00

At the turn of the millennium, more people are starting to realize that the world is wealthy. The power of today’s system allows one to find ways to achieve financial freedom without the critical essence of hard work. With smart work, there is a different sense and approach to life.Sadly, the current educational system is left with classical teaching. Most of the things that we learn in college refine us to work hard and work for money. With the number of new degrees and graduates cropping up, most of them still get stuck with 20th century thinking. Thus, people who seek financial literacy in the 21st century know what the trends are and act on it with a positive mindset.

The Scope of Literacy and Financial Literacy

As a standard, literacy is defined as the ability to read and write. Taking a step further, functional literacy is the term used to describe students with the ability to use their reading and writing abilities in a functional way. As a basic concept, literacy is learning what everyone should learn.

Financial literacy is therefore the ability of people to acquire knowledge when it comes to basic financial strategies and information. A good 90% of investors will tell you that they wish they knew more about the intricacies of finances and investments. Financial literacy is not so common after all. With 21st century education, financial reading and financial writing can be used to achieve financial freedom. Financial literacy should not be a far flung concept for people at this age.

In his best selling book “What I Didn’t Learn in School but I Wish I Had”, author Jamie McIntyre talks about the relevance of financial literacy and 21st century education. From the title of his book, he openly tells us that we are not learning what could have been general information for success. The traditional view forces most people to follow a structure and be included in a system where the haves control the world and the have-nots pay the bills.

Being financially literate means knowing the different pitfalls and mistakes of the traditional mindset. As a self-made millionaire, Jamie McIntyre communicates that being a financial success is doing the opposite of what other have been doing for so long. By being financially literate, we can find reasons why people fail and find ways to avoid these reasons.

Financial literacy transcends the basic read-write philosophy. By having a different approach or perspective to one’s life, financial literacy can be applied to develop different financial strategies with the hope of achieving financial freedom. By learning the tenets of a millionaire’s mindset, Jamie McIntyre promises that being financially successful is indeed possible.

The millionaire’s mindset is a paradigm change in the way people think. Being a student of financial literacy will tell us the value and the right attitude towards money. As a philosophy, we can approach different aspects of our lives and see things differently. The change in perspective will allow us to be more effective and influential individuals because of our personal success.

The relevance of financial literacy cannot be understated during these times. The message is clear: financial freedom is a shift and freedom knows no limitations. Success should not be governed by your talents, skills, or luck. A positive mindset is the mind of people willing to act. Being financially literate will teach us to find opportunities in risks and courage in hesitations. Jamie McIntyre and his 21st Century Education is indeed the key to financial literacy.

To learn more about the relevance of financial literacy, subscribe to the courses and e-books at Wealth Creation Academy. The collection includes a free educational DVD and other materials to reach your financial potential.

About the Author: Steven Miller is passionate in learning wealth creation with 21st Century Academy’s self-made Australian millionaire Jamie McIntyre who has learned from the likes of Anthony Robbins, Robert Kiyosaki and many more. He advocates that individuals should get some wealth education to succeed and add more value to society.

Concepts Behind Wealth Creation

2008-07-26T03:07:00.000-07:00

Wealth creation involves a slew of different concepts that can only contribute positively to your life. In the hustle and bustle of a fast lifestyle, people seem to forget the different methods that make individuals successful. For some people, they just lose the perspective to apply the different success methods. When people lose focus and tend to view the small details as part of their success pattern, then the goal loses its value. That is why it is important not to forget the different personal concepts that govern wealth creation.

Having a Wealthy View

Financial abundance and wealth creation is a real and tangible idea. But there is a critical condition to it. In order to grasp the ideas of wealth creation, one must take the view of the rich and the wealthy. To have a wealthy view is to have the mindset of a millionaire.

Wealth creating mindset sees the world in a different light. That fundamental principle allows successful people to adapt to different problems while finding fresh methods to attack the blocks that hinders them from achieving their financial goals. They find optimism when an ordinary optimist says no. They also find encouragement in defeats. Most importantly, they find opportunities when it is most invisible. The key to create wealth is therefore to master personal concepts to develop a wealthy perspective.

Where most people find nothing, wealth creation entails finding value in things. However, the most successful wealth creators not only find value. Instead, they create it! In order to create or increase one’s value, wealth creators increase their own individual value first. Wealth creators realize that in order to succeed, one must always exceed even their own expectations. An adaptive mindset that creates value wherever he goes will find himself very important element in a successful enterprise. .

Wealth creation also entails seizing opportunities. In leadership terms, we call it initiative. Individually, we can call it being proactive. A proactive person finds things to do when others see it as free time. They do not wait for opportunities to bite them. Instead, they come biting at opportunities. Once you become a proactive person, you will suddenly find that opportunities come at you at a much faster rate, giving you way to create more wealth.

If you do not follow your passion, wealth creation is not fun. Wealth creation is hard enough of a process. If you feel that these activities are routine and boring, you will be gasping for air before you get halfway there. The most successful people will usually tell you that they love what they are doing. They will even go far as saying that they will do the things that they love even though they won’t get paid for it. Once we find our passion, everything becomes easy and you will be on the top of the wealth creation chain in no time.

Saving is involved in wealth creation, and that means foregoing what we can spend now for later. While the concept of “delayed gratification” seems easy, only a few people can heartily apply it. Delaying gratification allows us to see into the future and believe that there is a better value for happiness if you save gratification. With the savings compounded over time, wealth is created. Removing instant gratification from our habits will ensure that money always goes wherever they need to go.

Finally, creating wealth involves moving forward. Improving oneself in every aspect and knowing that are different ways to be a better person is a mindset that will help people in the long run. As they say, Rome is not built in a day. We must learn to account each small action and find ways to improve ourselves.

Wealth Creation is not an exercise or a method. Instead, it is a revamp of your current lifestyle to a life that produces a sense of accomplishment. This way we are able to move forward feeling very confident. Wealth Creation is a journey not only of our economic standing but also of our overall happiness.

About the Author: Steven Miller is passionate in learning wealth creation and financial freedom with 21st Century Academy. He teaches people to get a wealth education to be successful and add more value to society.

Most Successful Financial Strategies

2008-06-24T03:02:00.000-07:00

In one’s quest to be a successful person, work ethic and perseverance is the traditional key to reach our dreams. Since we started learning that hard work pays off, we come to think that each step of activity will get us where we want to be. However, for people who want to be self-made millionaires, they know that a lot more is at stake.

In a changing financial mindset, self-made millionaire Jamie McIntyre believes that hard work is not enough. The truth is, if hard work is the end of it all then there should be more successful people. After all, can we actually say to ourselves that we have outworked everyone? Even when we worked at our utmost capacity, we know that someone can still outwork us. Thus, when it comes to adapting a millionaire’s mindset, hard work does not hold much water.

This is the value of a successful financial strategy. Along with a changing mindset, financial strategies are a reflection of smart work. As Jamie McIntyre said, “working hard and making money have nothing to do with each other in the 21st century.” Hard work can surely take you places. However, if you want to make money, you have to care more than “working hard.”

Let us take the example of Jamie McIntrye’s father. As a farmer, his father is now a prosperous and financially independent person at his age. Learning from Jamie’s grandfather, his father believed that hard work is the key to success. Even when he became rich he still believed in that. However, hard work is just an integral part of being rich. His father instead found a way to create wealth by buying land at a low price and waited to increase its value over a period of time. All the while, his wealth is created even while sleeping. Where is the hard work in that? Finding a successful strategy is more about intuition and changing perception. Sometimes hard work even blinds us to a point that we stop thinking and that is when things can get frisky. If you want to develop a successful financial strategy, start thinking.

Another well driven financial strategy is finding the opportunities in risks. As you can imagine, these strategies are not your normal laundry methods where you wash, dry, and repeat. Finding the best opportunities involves having the heart and the focus to make tough decisions despite the overwhelming forces that can stop you from acting on your instinct.

Jamie McIntyre continues his family story in driving this point. His mother always wanted a coffee shop that she could own for herself. Seeing the opportunity, her mother bought a coffee shop business. However, when the seller also offered the building where the coffee shop is located, she did not buy it since that would mean borrowing the needed money to finance the purchase of the building.

As the years go by, she struggled to manage her coffee shop to a point that she did not pay herself a salary. What more, she struggled to pay the rent of the building that could have been hers. In the end all her hard work in what seems to be a promising business, turned into more hard work. The spiral continues.

In this example, Jamie McIntyre tells us that if we are presented with an opportunity, it is not enough to think hard. Thinking hard involves being too hesitant while losing the will to act. Meanwhile, thinking smart will allow us to see the opportunities before the hindrances speak to us. Jamie explained that if her mother made the right move and bought the building, she could have been presented with more successful options.

Successful financial strategies come from an evolving financial mindset and the gut to act on your financial instinct. Thus, the biggest return does not come from hard work. Instead, it comes from unlocking keys of wealth creation by working smartly.

About the Author: Steven Miller is passionate about learning wealth creation with millionaire Jamie McIntyre who owns 21st Century Academy and it’s group of companies.

What Is A 21st Century Education?

2008-05-23T03:04:00.000-07:00

Introduction

The concept of this modern day education might be an abstract and imaginative idea even today. Even when the wonders of technology and high finance continues to be an untapped resource where one can take advantage, the perception of most people still rely on the thinking process of the last century. As they say, people who are enjoying the trend are the ones who end up being ordinary. Thus the concept of this kind of education tries to change the olden perspective.

Education in the 21st Century

One can ask why wealth-building is a 21st century perspective. In other words, why is there a date to it?

The lingo denotes a lot of things. First, the twenty first century represents a trend and a future. This kind of education persists at a time where wealth creation through the latest technology exploits, and finance with ever increasing capital mobility is possible. Thus, this idea will continue to be relevant and critical for people willing to find the best economic standing today. Second, twenty first century education denotes a time removed from previous centuries. Therefore, there is a historical hinge to the meaning of this kind of education. The 19th century is a drive toward modernity where one can be successful by a good education and hard work. The 20th century talks about a highly urban lifestyle and the increasing relevance of college education and white collar jobs. The 21st century talks about a different perspective in which anyone who sees the trend can identify with.

Finally, the aim of this modern day education is to ask people why we think the same way for two centuries. It hopes to promote a new way of looking at a healthy financial lifestyle using today’s practices.

Challenging How We Learn

The key to education is to leave classic education behind or to modify it to be at par with the ever changing times. Unfortunately, the shift of university education to develop people with the skills of today’s demanding job cycles is not catching up. The new education does not only question how we learn but also why we need to study what we study. Does the current educational system adaptive enough to make a student successful ten to twenty years down the line? Are we teaching students about financial responsibility?

Changing Perspective

Knowing that there is a system to teach us how to be successful today is sadly not enough. Since there are no institutions that can put up a curriculum, we might be hard pressed to equip ourselves with this kind of education. However, if a few very successful people can apply it now, why can’t we?

This modern day education talks about catching up with a changed perspective. It all starts with opening our minds and being flexible with all the ideas an education feeds. There are some ideas that we might not agree on, but then we can contribute to the trend all the same. Learning the ropes of today’s world starts with finding way to think creatively in a very creative world, and getting your ideas out in a world that breathes on global fad.

Wealth creation is a 21st century perspective. It teaches us that wealth creation is not exclusive for the rich. This time, the masses can be empowered to create a healthy financial lifestyle. By applying the principles of this education, we can exploit the market lows, save us from debt, and ensure comfortable lifestyle years after retirement.

A Wise Investment

Acquiring a 21st century education is definitely not a get-rich quick scheme. Instead, it is an investment that should compound over time and give very rewarding returns. A changing mindset is the first step in being ahead of today’s financial curve along with taking the ideas as a serious educational form. Only with this realization can we appreciate the importance of this modern day education.

About the Author: Steven Miller is passionate in learning wealth creation with 21st Century Academy’s self-made millionaire Jamie McIntyre who has learned from the likes of Anthony Robbins, Robert Kiyosaki and many more. Learn some wealth education tips and get a free $97 DVD or a free ebook or enroll in the free e-course.

5 Ways to Attract More Success

2008-04-19T03:10:00.000-07:00

“Hesitation, when one is confronted with a great business idea, is without a doubt, the single largest obstacle to wealth. It is only through dynamic action and financial risk that great fortunes are amassed and multiplied.” J.P. Morgan

Take responsibility for the choices you’ve made in life. No matter where you’re at, accept that you are where you are as a result of your choices. Then you can effectively move on to finding your passion, fulfilling your dreams and earning multiple streams of income. I know of highly intelligent, highly educated people who will not take that first simple step. They are “stuck” in jobs they can’t stand, emotionally bankrupt, and in some cases financially bankrupt, too. Mired in self-pity and constantly blaming others they will never achieve their dreams. So….let’s move on to more strategies I learned from that Las Vegas seminar taught by self-made millionaires.

1. Burning desire and personal motivation. Whether you want to achieve overall career success or small business success, you must have a burning desire for whatever it is you want to achieve. Because there will be too many roadblocks and detours along your path. And unless you’re fueled by passion, it’s too easy to experience overwhelm, lose focus and just plain give up. I love coffee (as I write this I’m sitting outside Starbucks!) but as I do more and more of the work I enjoy, i.e., recording CD’s and writing an e-book, my need for caffeine has diminished. I’m fueled by passion, purpose and helping others. It’s easy for me to work late into the night. Of course, it’s also easier when you have a dog and no small children. You get the point. Ask yourself, if you won $50 million in the lottery, what would you do for work even 10 hours per week. Assume you’ve already traveled everywhere and bought everything you could want.

2. Hire a motivation or success coach. One of the main reasons businesses fail is lack of planning and lack of focus. Another reason is procrastination. Procrastination is the result of fear. If you’re having difficulty getting started, hire a motivation coach to push you past the pain of procrastination and into facing your fears. The investment can cost money in the short term but be well worth it once you start seeing results. Every one of the self-made millionaires this past weekend said early on in their career they hired a success team of coaches, tutors, accountants, attorneys and others who could assist them. The message was “don’t try to do everything on your own.” You will feel overwhelmed, procrastinate and fail. So where do you find the finances to hire these experts?

3. Offload your stuff. Get rid of the “things” and frivolous expenses that are holding you back. Many self-made millionaires advise this. If you’re objecting to hiring a team of experts because you don’t know where the money will come from…what can you sell? Many people have items they want to get rid of but aren’t sure how to post these items with online websites like EBay or Craig’s List. Enlist the help of a friend or expert in this area. Find a way fast to get rid of your credit card debt if you have any. The percentage of Americans with debt is shocking.

4. Your comfort zone is your money zone. This is a cliché, but feel the fear and do it anyway. Be willing to be terrified. To make it easier, find out where you are weakest and grow in those areas. Surround yourself with positive supportive people who’ve achieved professional success. People who can advise you on how to overcome your obstacles.

5. Take action. Goals are nothing without action. Write your success goals down. Make them specific, measurable and realistic. Keep them in your wallet. Write affirmations for your goals. Tape them to your bathroom and living room mirror, bulletin board and refrigerator. Look at them daily. Tape positive affirmations and play them in your car upon arising in the morning, and just before going to bed. Your subconscious mind is most amenable to suggestion first thing in the morning and last thing before going to bed. One gentleman at the conference went from being $90,000 in debt (which he paid off) to earning hundreds of thousands a year with this technique. Bombard yourself with positive messages until you believe them.

The main thing to do is get started. Do something. Do anything that will bring you closer to the personal and professional success you desire. These proven techniques will work for you in achieving greater happiness and fulfillment in any area of your life – if you apply them. Read the right books. Spend the majority of your time with people more successful than you. Hire a success team of experts. Learn the new skills you will have to learn in order to make your dream happen. To stretch into a new money zone, remember you must stretch out of your comfort zone.

About The Author: Colleen Kettenhofen is a speaker, workplace expert, & co-author of “The Masters of Success,” as featured on the Today Show, along with Ken Blanchard and Jack Canfield. For more free articles and e-newsletter, or to order the book visit http://www.ColleenSpeaks.com Topics: leadership, management, difficult people, public speaking, success. Colleen is available for keynotes, breakout sessions and seminars by calling 971-212-2412 or email colleen@colleenspeaks.com.

Getting A 21st Century Education

2008-03-26T03:07:00.001-07:00

Introduction

The current practice of today’s generation looks at different lifestyles that one would like to follow suit. Usually, the lifestyle models are successful philanthropists who seem to find money on trees; literally. There is definitely a charm that endears a financially free lifestyle. However, most people consider financial freedom as a dream that is impossible to realize.

Unfortunately, this sad pessimism to life is the norm rather than the exception. We go about our days and years thinking that we can never be free from our debts or from the weight of different bills and cost. We continue to live our lives knowing this sad thought. Yet this idea cannot be further from the truth. Acquiring a new perspective, philosophy, and practice that reflects an optimistic view of our financial health is the heart of 21st Century Education

Defining 21st Century Education

The revolutionary yet simple mindset offered by this kind of education centres on the possibility of wealth creation and living a financially independent lifestyle. While this is the ideal result of a person who fully understands the heart of this kind of education, getting it is not easy. However, the standard is worth the investment. The sudden change of perspective will not only change our lives but will also change how we look into the different trends today.

Getting a 21st Century Education

The value of this kind of education hinges on certain learning components to help people make money instead of people working for money. The main goal is to create new methods to create wealth far removed from the standard wealth creating practices. While the wealth creation involves making opportunities, this concept finds new ways to make opportunities from a different standard ahead of our time.

The principle teaches financial rationality removed from our emotional decisions. It states that consciousness in making financial decisions is a function of how we react to different circumstances. By doing, the smart move despite what our emotions tell us, we are able to develop a way to control the way we react to events.

This concept also involves looking at the same thing differently. This enhances our problem solving skills as we think of creative ways to conclude different tasks. As an example, there are different ways to peel a banana yet we end up peeling bananas in the most common way. Sometimes, we readily see different solutions to a problem. However, we still insist on the standard solution. This principle breaks traditional problem solving methods in order to force us to be creative.

This kind of education also emphasizes the value of efficient communication, negotiation, and priorities in fast times. These skills will help us enhance our skills to turn ideas into reality. With efficient communication methods, we can readily converse with different people and share our profitable ideas. Having an idea is one thing, while applying it with good communication and negotiation skills is critical. Remember, everyone has ideas while making ideas work is not for everyone.

The concept hinges on a system of results, purpose, and action. While this principle is not new, the new perspective brought about by this kind of education tackles this system differently. A result focused, purpose driven, and action oriented persons are usually the successful people. This kind of education is the product of developing these traits.

Finally, financial freedom and getting a 21st Century Education involves planning a positive framework for your life. In the end, this is not about the value of money. Instead, it is the manifestation of our happiness. Having a list of priorities that will make you happy will give you an overview and a viable life structure. This is a holistic approach to financial freedom and designing our lives to help us live up to our potential. While getting a 21st Century Education is an investment, it is definitely what everyone needs.

About the Author: Steven Miller is passionate in learning wealth creation with 21st Century Academy's self-made millionaire Jamie McIntyre who has learned from the likes of Anthony Robbins, Robert Kiyosaki, Jay Abraham and many more. Visit Wealth Creation Academy website to learn more and get a free DVD or a free ebook.

Spending Money with Head Above

2008-02-14T22:00:00.000-08:00

Have you ever experienced the situation when you bought a dress you liked and after a few number of use, feel that regrets are eating you up? The feeling that tells you it isn’t worth the price or you should have compared it from other products before buying it.

Having money does not mean that you just have to buy any object that comes into your mind or catches your eyes. Maximizing the amount of money you have and using it wisely would not only let you enjoy its flavors to the fullest but most of all, it would definitely later let you save for the rainy days.

Spending money with head above means that you need to think before making moves like a purchase of a thing or fee to a service. There are tips you could count on in order for you to make the wisest decisions in using your money.

Do not be a panic buyer. Buying something out of impulse only is no good at all. It is important for you to list the things you really need to buy and consider their prices as well as the necessity.
Compare products and prices before letting go of your money. Avoid the experience that when you already bought the thing, minutes after, you find out another more worth it.
Buy products in cash, if you could not, better not buy them.
See to it that you are going to buy a product of good value. Recheck quality, price and other details of the product before really buying.
Do not be carried away by commercials. You have to read between the lines in order for you to understand them very well. Look beyond the special effects.
Labels are not mere letters written for nothing. They could tell you what the product is all about and by this; you would have a clear understanding of the product as well.
When going to groceries, you have to list down the things you need to buy so that it would be more organized for you to do the shopping.
When you are using checks, you just write down the amount that would be enough for the things you bought.
Keep your financial record clean, this would help you maintain a good image that may later lead to better jobs.

These are very helpful points to ponder on. When you are out there for buying things, you have to see to it that you are making the right choices. When you do not, it would surely be affecting you in the long run as well.

How to Handle Money

2008-02-06T20:49:00.000-08:00

It is true that money cannot buy everything but of course, there are advantages when you have enough or much money. You could be able to meet your needs and provide the needs of those people who depend on you. These fast and demanding times, you have to see to it that you are good at handling money.

You must treat the value of every amount of money you use or spend. Just like all the rest of your belongings, there are reminders that would let you keep your money in such a way that you will not have a tough time doing budgets and there would be no instance that you would worry about lacking money or the like.

There are things to do in order to achieve that certain phase of your life when money is an asset and it is at its most useful time as well.

Live life the way your resources could cater to your needs
Plan your expenditures. Watch your plan.

- Prepare budget showing how much you would spend for a month and even for as short as a week.

Do not throw away those receipts and other paper big or small just to remind you if you would be spending more or it is all enough.
Do not rely on too much credit card. For now, they may speak to you words of assurance but actually they could be very threatening if misused.
Live a less extravagant way of living. See to it that your habits are not causing you to spend a lot.
Be a critical-thinker. Avoid panic buying and think well before buying products.
Keep yourself healthy for as you get sick, you get to spend a lot too for medical needs.
Avoid gambling. It would just push you to venture on spending more and more.

When you follow these reminders, it would surely lead you to better results. You would surely live a financially stable life. You have to watch out your expenses. Money is indeed an advantageous asset but having it would really be big responsibility as well.

You would not want to lose anything you want, do you?

So for all of you, who would want to maintain financial stability, these tips would surely be worth-remembering for they would surely lead you to outcomes you would probably like.

What is Your Risk Tolerance?

2008-01-06T20:31:00.000-08:00

One of the biggest parts of investing is determining your own risk tolerance. When most people think of risk tolerance, they think, “How much can I stand to lose before I start to struggle.” Risk is a huge part of investing because it dictates what sort of mutual funds you can put your money into, how much money you can invest and for how long. Knowing your risk tolerance is one of the biggest keys to successful investing.

Risk is usually defined as short term volatility in prices or variability in prices. But there is a whole other kind of risk at the other end of the spectrum. The risk of not meeting your goals by investing. The main reason why anyone begins to invest is to meet goals that they have set for themselves. The most common goal in investing is saving money for retirement or for that second home. Risk goes both ways, there is the chance you could lose your shirt with an investment, and the chance that if you don’t take enough risks, you won’t meet the goals you’ve set for yourself.

The first thing you need to do is to take a personal assessment of your own risk and develop what is known as an investment personality. Everyone’s personality will be different, they are unique like fingerprints. Some investors can stand to take some big chances now with the lure of a potential payoff down the road, while others who may not have much time between the time they start investing and the point where their financial goals need to be realized and can’t take big risks. A good barometer to judge what your risk will be is how will you feel in your capital goes up, down or stays the same? Are you willing to be patient and accept small increases, or do you want to see the most possible movement? If you’re sitting at your computer right now ringing your hands in fear that you might lose money on your investment, you should already be able to tell exactly what sort of investor you are.

Assessing both ends of your risk tolerance is quite possibly the most important single financial decision you can make. Knowing how much money you can invest, how long you need to invest it for and what kind of mutual funds you want to buy into is very important. Once you determine your own risk tolerance, you will be ready to take the next step and start investing.

What is automatic investing?

2007-12-16T22:41:00.000-08:00

For many people, the idea of investing in mutual funds, stocks and bonds is appealing, but it all seems to be too complicated. Too much jargon, too much danger, too much hassle. Thankfully, the companies that run mutual funds know this and have come up with a way for new investors who may not have a big wad of cash to invest right off the bat.

It’s called automatic investing and it is highly recommended for those new to mutual funds and for those that want to invest but don’t have a lot of up-front funds.

Automatic investing is done through a mutual fund company, and what happens is, you sign up to purchase a set amount of funds either every month or every few months (usually quarterly). You buy a bit at a time, whatever you feel you can afford, and your shares are managed by the mutual fund company. It is a great way to watch a nest egg form from money you didn’t even know you had.

A great part about automatic investing is that most mutual fund companies are so excited to get new investors in, they will waive most if not all transaction and investment fees for those that are signing up for automatic investing. They understand you may not have a lot of extra cash to throw away on fees and they want you to get your feet wet with mutual funds.

Maybe the best part about automatic investing is that it is a very disciplined form of investing. Instead of opening up an E-Trade account and investing from your home computer, an investment expert at the mutual fund company that you invest in will handle your shares and in this case, it is probably best to let the experts handle it. It’s extremely tempting to chase mutual funds when investing yourself. You hear the latest news about funds that may be surging and its tempting to take your money and jump on the hottest fund, but disciplined, long-term investing is a much more beneficial way to go.

Whichever company you choose to use for automatic investing will supply you with a prospectus that will outline all of the fees that may or may not be associated with your account. This is key since you’ll need to know what any possible cost might be for things like early withdrawals.

For many, automatic investing takes the guesswork and the fear out of mutual fund investing by allowing a large amount of money to build up over time. Contact a mutual fund company to see if automatic investing is right for you!

What is a stock?

2007-11-16T22:24:00.000-08:00

For those who are new to investing, learning the lingo that is used on Wall Street and in economics classrooms around the globe is essential. When you hear the phrase “stock market” you get a vague picture of a group of men and women running around like crazy people with slips of paper in their hands and yelling out numbers and words that you can’t quite make out. To understand what’s going on, let’s start at the beginning and find out what stock is.

A stock can be described as the wealth (or capital) raised by a company or a corporation from the issuance of shares.

If you own stock in a company, say Microsoft, that would make you a shareholder in Microsoft. If you take all the shares available from Microsoft, or any other company and put them together, that is called Microsoft’s market capitalization. This is figured by multiplying the current price of a stock times the number of shares.

Stock falls into four major categories. There is common stock, preferred stock, duel class stock and treasury stock. Common stock is, just like the name says, the most common kind of stock available. Ownership of common shares usually comes with some voting rights when it comes to decisions made by the corporation. Preferred stock is different from common stock in the sense that they usually get paid more dividends and usually come with extra rights and decision making abilities for the company they are for. Dual Class stock is a combination of the previous two kinds of stock and the rights attached to each share vary. Finally, treasury stock are shares that were once issued to the public, but have since been bought back by the company.

The history of stocks goes back many hundred years to the Dutch East India Company, who began offering shares of their stock as far back as 1602. The East India Company helped to pioneer the idea of joint ownership and helped the economic growth in Europe at that time.

The most popular place to trade stocks in the United States is, of course, the New York Stock Exchange, where millions of shares change hands on a daily basis.

The world of economics and stock trading can be very exciting and very profitable for those that know the ins and outs. Hopefully, this article helped shed some light on what stocks are and how they are used by companies.

What was the dot.com bubble?

2007-10-16T22:29:00.000-07:00

In the world of investing, certain phrases catch on like wild fire. Before you know it, you’re hearing catchphrases on the news, on analyst shows and even on the street from strangers. Maybe no other phrase exemplifies this better than the dot.com bubble. The dot.com bubble was a mini-crash of sorts in the stock market that only affected one segment of stock: the internet company.

The origin of the dot.com bubble can be traced back to 1994. The rise of the Internet from being a Department of Defense secret to a widely used tool in everyday life caused the formation of thousands of new businesses seemingly overnight. Many of these dot.com’s were not run by people who knew that much about business, but the ease of starting their own company over the Internet was so simple, most investors didn’t realize this.

As people poured onto the Internet, excitement grew as to the possibility of reaching such a large number of people so easily and so cheaply. It was, however, the misunderstood nature of the Internet that caused the eventual dot.com crash. Reaching all those people and getting them to buy your product turned out to be a little more difficult than most thought.

Three particular companies that would come to represent the dot.com age were WorldCom, who would end up not surviving the bubble, Netscape, which is still in business today but is considered an also-ran by many, and Yahoo, who isn’t the industry leader it use to be, but is still doing quite well.

The “bubble” referred to in the name comes from investors speculating about a companies future, and as the stock for that company begins to rise, the bubble builds. It’s called a bubble because the speculation and the rise in stock prices isn’t based on any real, ironclad evidence that the company is really worth all the hype.

The Dot.coms began to fail en masse midway through 2000. The Nasdaq market felt the full brunt of these failures since so much of their listed companies were dot.coms. Many companies, such as WorldCom and Pets.com ended up going out of business, costing investors millions. Others, such as Yahoo and Amazon survived, with Amazon being stronger than ever.

It’s unknown if there will be another dot.com bust in the future. With Google having bought YouTube for over a billion dollars, anything is possible. But one hopes that investors will be more careful this time and heed the lessons of dot.com bubble’s past.

The Most Important Rule in Investing

2007-08-29T01:54:00.000-07:00

What Does Investing Mean To You?

What comes to mind when you mention the word investing?

Does it mean, putting your money in real estate, mutual funds, the stock or share market or even high-yield investments?

Other people might only think about investing when they are about to die and they haven’t left anything for their children.

Some even shiver when they hear the word, often claiming that they have no money to invest or feel that is too complicated a subject to even discuss about.

Many people even invest heavily in health supplements, personal trainers and beauticians to make themselves live longer, healthier or even look younger! Imagine the advertising budget for beauty companies nowadays.

All these are valid concerns when it comes to investing, but I am talking about the most important investment a person can make in his lifetime.

Invest in Yourself

The most important and No.1 rule is “Invest in Yourself” – if you don’t, who else will?

The 5 Ideals to Unlocking Wealth

2007-05-27T08:59:00.000-07:00

These principles are a key to unlocking a remarkable reserve of wealth, abundance and success. They are all centered on our true natural traits, which as a matter of fact are universal and have a spiritual basis. These principles are:

· Truth
· Righteousness
· Peace
· Love, and
· Non-violence

The practice of these virtues will make possible for anyone to advance in life without any misgiving.

The reason is simple.

These universal ideals are all attractive and they form the foundation of the moral code. You cannot go amiss practicing the importance to moral values, codes of conduct and obeying the Law of Nature in your quest of Wealth.

You will discover that the goal of attaining financial freedom while at the same time, acquiring the flawless art of happiness through the awareness that the degree of joy is not ‘directly’ proportional to just monetary wealth.

Impossible is Just a Word, Achieve your Goals

2007-05-07T08:09:00.000-07:00

Each person, at some stage in their life, has wished they were somebody special, somebody important. Who hasn't daydreamed of being the one who hits the game-winning homer? Who hasn't wished of being the homecoming queen? And how many times have we aspired of being wealthy, or successful, or blissful with our relationships?

Often, we dream big and have great ambition. Regrettably, our dreams remain just that – dreams. And our ambitions easily gather dust in our attic.

This is a sad turn of events in our existence. Instead of experiencing stimulating adventures in self actualization, we get caught up in the monotony of living from day-to-day just barely existing.

But you know what? Living could be so much better, if only we learned to point towards higher goals.

The most common difficulty to setting goals is the word impossible. Most people get hung up believing I can't do this. It's too impossible. It's too hard. No one can do this.

However, if each one thought that, there would be no innovations, no inventions, and no breakthroughs in human achievement.

Keep in mind that scientists were confused when they took a look at the humble bumblebee. Hypothetically, they said, it was impossible for the bumblebee to fly. Unluckily for the bumble, bee no one has told it so. So fly it does.

On the other hand, some individuals endure from dreaming totally outrageous dreams and not working on them. The result? Shattered dreams, and tattered ambitions.

If you limit yourself with self-doubt, you’ll never be able to go past what you think impossible. If you reach too far out into the sky without labouring towards your goal, you will find yourself grasping on to a hopeless dream.

Try this exercise. Take a piece of paper and write down some ambitions in your life. Under one header, list down things ‘you know you can do’. Under another header, write the things ‘you might be able to do.’ And under one more, list the things that that are ‘outrageous for you to do.’

Now look at all the headers strive every day to achieve the goals that are under things ‘you know you can do’. Check them when you are able to complete them. As you slowly are able to check all of your goals under that heading, try accomplishing the goals under the other header-the one that reads ‘you might be able to do.’

As of the items you wrote under things I could do are accomplished, you can move the goals that are under things that are ‘impossible for you to do’ to the list of things ‘you might be able to do.’

As you go through this process, you will find out that the goals you once considered impossible become easier to accomplish. And the impossible begin to seem possible after all.

You see, the method here is not to limit your imagination. It is to aim lofty goals, and start working towards that goal little by little. However, it also is risky to set a goal that is in fact unrealistic.

Those who just dream towards an ambition without working hard end up disillusioned and frustrated.

On the other hand, if you told somebody a hundred years ago that it was doable for man to be on the moon, they would scorn you. If you had told them that you could send mail from here to the other side of the world in a few seconds, they would say you were out of your mind. But, through absolute desire and perseverance, these impossible imaginings are now realities.

Thomas Edison once said that genius is 1% inspiration and 99% perspiration. Nothing could be truer. For one to accomplish his or her dreams, there has to be had work and discipline. But take note that that 1% has to be a think-big dream, and not some effortlessly accomplished one.

Ask any gym rat and he or she will tell you that there can be no gains unless you are put out of your comfort zone. Remember the saying, “No pain, no gain”? That is as true as it can be.

So dream on, friend! Don’t get caught up with your seeming limitations. Think big and work hard to accomplish those dreams. As you step up the ladder of development, you will just about find out that the impossible has just become a little bit more possible.

Wealth of Creative Ideas

2007-04-26T06:45:00.000-07:00

People seem to have the mistaken belief that only a select few are able to let loose a continuous flow of creative brilliance. That is not true at all. The fact is, ingenuity is very much like a muscle that needs to be exercised in order to time after time give out great results. If you don't practice utilizing your creative thinking, this skill will very much degenerate into inexistence. But keep functioning and this skill will soon come to you spontaneously.

So how do you set free your creative thinking? Well, the first thing is to become a human leech. No, we're not talking about just sucking the blood out of every living thing available, we're saying that you should take in as much knowledge and learning you can find. Read all that is available -- good and bad, and keep your mind open to the never-ending possibilities of the world. The more you know, the more you'll want to know, and the more your sense of wonder will be exercised. Prepare to be amazed at little facts that add a bit of colour into your life.

Focus on a creative activity everyday. Yes, it's an effort. Even doodling is a creative activity. Don't let anything hinder you. Mindlessness may be a creative activity, but for people who are just starting out to unleash a little bit of creative thinking in their lives, it is helpful and encouraging to have concrete evidence, that, "hey, what I'm doing is getting somewhere." So why don't you try it. Practice drawing for a couple of minutes each day. Bring out your old camera and start snapping photos like crazy. Keep a journal and make a point to write in it religiously. Another cool idea is to write by describing something with your five senses. Try to avoid vague adjectives like "marvellous," "amazing," and "delicious." Before you know it, you'll have built yourself a tiny portfolio, and you'll be astonished at the growth you've undertaken after building up all those works of art. Who knows, you might actually take to liking those things you do everyday. Pretty soon those things will become a part of you and you'll be addicted to these creative tasks.

Think outside the box -- or don't. Sometimes, restrictions are actually a good thing. Limitations regulates you to work within your means. It enables you to be more imaginative. Creative freedom is great, but limitations enforce discipline.

Try something new everyday and let your experiences expand your point of view. Discover a new district in your neighbourhood. Spend an afternoon in a museum to which you've never visited before. Chat up someone on the bus. Open up to the people around you. As you thrust yourself out of your comfort zone more and more each day, your sense of adventure grows and so does your enthusiasm for life. Think about it. When was the last time you did something for the first time? If it's been a while, I tell you, you've been missing out on a whole lot of experiences that could've added to your development, emotionally, mentally, physically, or spiritually. Why don't you try bungee jumping today? Not only will you learn, but you will also have plenty of stories to share, enabling you to practice your storytelling skills and making you the life of the party.

Embrace insanity. No, not to the point of practically admitting yourself into the mental ward. Every creative thought was once deemed madness by other "normal" people at one time or another. Luckily, that didn't stop the creative geniuses like Eistein from standing by them. The thing is, sanity or being normal confines people to think... well, normally. Within limits. Creativity is essentially breaking through barriers. Yes, this includes the uncanny and the downright outlandish. I'm not saying that you yourself should develop a creative personality. That might go haywire. It's important that your creativity doesn't get you detached from the real world completely.

I hope this article has motivated you to start thinking beyond your "limits." If you follow these steps pretty soon you'll be living a life full of interesting adventures. Setting free your creative thinking will bring about a new passion for living life.

Wealth of Ideas from Informational Products

2007-04-05T23:36:00.001-07:00

I went to see Tom Hua's seminar the other day and the man is brilliant. He is funny, too. Anyway, in case you don't know him, Tom Hua is one of the most successful internet marketers in the world. I have taken down some notes so you and I can learn from him. Here are some things he mentioned that you need to have to succeed in the online world. Just some bits and pieces of advice but they make sense. Of course, I've added my own ideas as well. ;-)

Affiliate Products

Promoting other people’s product can be profitable. Normally affiliate programs are easy to join. You just bring traffic to the owner’s site and when those people decide to buy, you get a commission for the sales generated. With affiliate products, you don’t need to worry about the sales since the owner usually looks after them. You must remember that it is wise to promote products of people you know or well known internet marketers because we already know that they are successful and they know what they are doing. Get products of people like Ken Evoy, Ewen Chia, Tom Hua, and etc. Choose sites that have high traffic so you know that they really sell. You can use a tool like www.alexa.com to check the website’s traffic. Go with the champs so you can also be a champion and have a slice of their success.

Products with Resell License

You can buy products with resell license and you can sell them and get the profit. People normally sell these kinds of products between $20 to $100. Make sure that you buy decent products with Resell License. They are normally sold with a pre-written sales letter ready to be published to your website.

Make Your Own Product

If you want to have a lasting product, one that you can give you profit for years down the track, this is the best thing that you should take note of. With your own product, you can have full control of the quality and you can get all the profits for yourself.

That's what I learned and there's more, so keep on learning. It's a good thing.

Wealth of Information, Road to Success

2007-02-13T01:53:00.000-08:00

I went to a seminar today and I have learned some more valuable wealth of information, courtesy of the Academy. It's really great to be able to learn a lot of things. It makes me feel good. It makes me feel positive. I want to put down into writing some of the things that I learned so I can go back to it later on and also, just in case someone stumbles on my weblog, they might learn something and benefit from what I have learned myself.

Two questions were asked: Why are some people more successful than others? What should I do differently to be successful than others? Hmmm, interesting!

I have learned that least productive people in society wasted their most valuable resource - TIME. Successful people use their time wisely. They maximise it and optimize it. "Time is gold." Isn't that what we have been taught many years ago?

Next is planning. Planning is very important. I once heard someone said:"If you fail to plan, you plan to fail." Tis true, tis true. The older we get, the faster time seems to go. By planning our time wisely, we can distort time. We can expand life to fit more into it.

If we want to have more in our life, we should focus on the results we want to accomplish. We should look into the purpose of the things that we are doing.

We should focus on the positive than on the negative. For instance, if you are a worker, focus on the benefit that your job has for you. Your job brings food to your table. You job helps you pay your bills. Instead of focusing on "Oh no, I have to get up early to go to work."

Do not spend too much time on things that you cannot control. Rather, focus on the things you can control.

Last of all, be happy. If you are not happy being poor, what makes you think you will be happy when you are rich? You have to be happy in whatever circumstances you are in. Happiness is being happy with what you have regardless of the circumstances you are in.

If you follow these guidelines, you are on your road to success.

Having the Right Mindset is Wealth in its Own.

2007-01-19T08:01:00.000-08:00

Lately I have been reading much about having the right mindset. I have learned that the key to success is to have the right mindset in th first place. I have read that eighty percent of your success depends on it. Only twenty percent can be attributed to your strategies.

So, in order for us to be successful, we must work hard on having the right mindset. We must be open to learn new things and think like a winner. In order to reach our dreams and aspirations, we must master two things. First we must work on our mindset and then on our strategies.

I have been going into seminars lately and I notice that more often than not, these seminars have motivational speakers talking first before the main presentor. Why? Because it's all about the mindset. The motivational speakers gets you into the right mindset for learning new things. When you are motivated, your mind is opened and you are more prone to learning.

Sadly, a lot of people take their mindset for granted. I was actually one of those people before. I often times was skeptical about learning new things and sometimes closed my mind to new ideas until I read this book "What I Didn't Learn in School But Wish I Had." It's really a great book and I would highly recommend it to anyone who woould like to work on their mindset. In this book, it has the chapter on "Developing the Mindset of a Millionaire." You can download the free ebook from Wealth Creation Academy.

I have just come home from a seminar today so I want to share with you one other thing that I learned. "Successful people are inter-dependent with others." It means that we must not work alone. No man is an island. We have to join others, learn from them and work together so we can achieve success.

World of Wealth

2006-12-22T03:06:00.000-08:00

It's a world of wealth out there! Just look around you. We have been blessed abundantly with so much treasure in our world.

Take the time to discover each brand new day. Watch the sun setting. See the departing rays kiss the clouds away, oftentimes mingled with vibrant bursts of colours. Look at the wonder of cloudless nights when the expanse unveils its marvels — the moonbeam, the twinkling stars.

Who doesn't enjoy wild life experiences, scenic views, and other opportunities to commune with nature? It is a wondrous world in which we live in, the extraordinary beauty freely shared to all who are willing to see.