Super Affiliate Success Story

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

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

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

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?

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

“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

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

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

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?

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.