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Bull markets are good for investors who own long stocks. And covered calls are good for creating monthly income. Buy why would you set a limit on your upside (by writing a covered call) when stocks are rising? Well, there are a few reasons. Maybe you are investing around a news event? Or trading ... Views: 900
Have you ever asked, why in the world didn’t they teach you about financial intelligence in high school? Jim Rohn said that “if they would have taught Wealth 101 and Wealth 102 in high school, I would’ve taken both courses.” I totally agree with him. Financial education, that is, practical, ... Views: 2262
March 31, 2009
By JD Messinger
Six months ago a muscular thug by the name of Ike comes barreling into Houston, Texas, bringing two cohorts in tow, wind and water. With complete disregard to universally accepted principles of accountability and responsibility, Ike and the gang fiddle with ... Views: 1213
If you want to create financial independence and one day lead the lifestyle you’ve always dreamed of then building your own assets is the only way to do this.
People mistakenly believe that their belongings are assets. But these are in fact liabilities because they cost you money. Your ... Views: 960
What a strange title for an article given all the gloom and doom that's doing the rounds at present! Most interestingly, how did the word "Effortlessly" get into the title? Surely, hard work is a virtue, God loves a try-er and you have to work hard to be a success. All these statements are ... Views: 1138
Term life insurance is oh so loved my many people. There are many different types of term insurance and very many reasons why people buy these policies. There are significant advantages to owning this type of life insurance. There are also a few disadvantages.
Advantages
1 - The premiums ... Views: 5193
1. Income Planning — Creating and implementing a plan to increase the gross income of the practice and the household to accomplish the clients’ goals and purposes. This must be done first since financial planning cannot be done if no money is made in the first place.
2. Policies and ... Views: 875
What does prosperity mean to you? When most people think of the word, they think of wealth, or being financially independent. They picture yachts or fancy mansions, exotic vacations and expensive sports cars. But that’s really only one small part of the picture.
Prosperity is so much more ... Views: 1747
The way to prosperity is to run your household like a company
By Christopher Music
Where does the lack of control start regarding finances begin? Closer to home than you might think!
One of the biggest errors in the field of personal finance is the lack of a position within the ... Views: 816
When I teach my personal finance or investment classes, stories are the medium to drive the lesson into those hard-headed students of mine. I’ll make up names to protect the innocent and share as many personal stories as possible to bring the reality of a given situation into focus. So today, ... Views: 625
Success should be consistent in our lives so that we can become real role models. I hate entrepreneurs who make some dollars this month, and then made nothing in the subsequent month. This ought not to be mentioned in our online activities as internet marketers.
Affiliate business I believe ... Views: 1027
You want to believe that you have the power to create your reality. You've probably dabbled with the Law of Attraction and had some encouraging results. But what sets you apart from the person that consistently creates all that they want?
There are three key distinctions between a conscious / ... Views: 1401
“Investors earn returns over time that are far lower than those quoted by mutual fund firms. In fact, it’s not even a close race.”
This is the conclusion of DALBAR, Inc., the well-respected independent investment research firm, in the DALBAR 2010 Quantitative Analysis of Investor ... Views: 1068
In this day and age we are what you may call people on the go. A better description would be people who have so much to do with so little time. We prefer everything to be at our fingertips—we have drive through banking and drive through laundry. At the same time most of us do our business ... Views: 1026
When everything around you seems to be heading in the wrong direction you want to make sure that it’s not your bank balance.
INTERNET MARKETING can help you become a very successful entrepreneur, with the potential earnings of a five figure income, in layman terms “easy money” if you manage ... Views: 640
A lot of people are willing to work hard to earn more money and have a better life. Some would like to start investing while they are still young so they can enjoy the fruits of their labour and go into early retirement. Saving and investing is not a complicated thing to do. However, you need to ... Views: 341
If you're over 60, you're probably familiar with the traditional "Three Legged Stool" model of saving for retirement; SOCIAL SECURITY, PENSIONS, SAVINGS. You may have used this method in planning your retirement income. Well don't get too comfortable - the stool's broken! If you've watched the ... Views: 2173
Remember Alfred E. Neuman, the iconic mascot of Mad magazine? His signature comment was well reflected in his appearance: What, me worry? It has been said that his face was the face of a person who didn’t have a care in the world, except maybe mischief.
Most of us are either not as fortunate ... Views: 704
Here I will share with you my policies, which I call, The Twelve Secrets of Wealth.
Wealth Secret No.1
Watch Whichever Way the Crowd is going and Go in the Opposite Direction.
Ninety five per cent of the population aged 65 are dead, dead broke, or on the pension, so why would you want to go ... Views: 771
Sometimes it feels like we work so hard to make money—and then we subtly sabotage ourselves. Maybe we overspend, or we just don’t make enough in the first place– our work efforts become inconsistent, or we just drop the ball on something. And then we blame ourselves! So what is this really ... Views: 606
Are you living "in-between times?" Are you living in a gap and not sure whether you should look back or move forward? For example, are you in-between jobs, in-between relationships, in-between major holidays when nothing gets done in the workplace or in-between the ending of the old year and the ... Views: 979
The beauty of the internet is also the curse of the internet. It can be summed up in one word-speed. The good news is that I can get to anyone’s website in the proverbial blink of an eye. The bad news is that I can leave in the same amount of time.
Thus the challenge for any website is to ... Views: 689
You can fall short of money even if you try all the harder to skimp on your expenses. Traditional lending systems are not as quick as online lending and you cannot wait for a long time to have funds approved.
Finding a reliable online lender is a herculean task. When you need immediate funds, ... Views: 531
There are several ways to help people in poverty. You can give them all a fish, or you can teach them how to fish. In this article, I’m going to teach you how to provide more sustainable solutions to the problem of poverty.
Instead of giving your financially burdened friends a loan, for ... Views: 2147
Wealth File #1: Rich people believe “I create my life.” Poor people believe “Life happens to me.”
Money is extremely important in the areas in which it works, and extremely unimportant in the areas in which it doesn’t.
When you are complaining, you become a living, breathing “crap ... Views: 11564
That’s a great question, what makes a successful entrepreneur and how do you know if you have what it takes to be a successful entrepreneur. Does wealth management play a big part?
Over the years I have met many successful entrepreneurs and I have studied what makes them successful ... Views: 2563
Despite the many alternatives we have in reaching out to our target customers online, email marketing proved to remain a steadfast scheme that allows marketers like us to leverage our online businesses. Email marketing gives us the opportunity not only to sell but more importantly to establish a ... Views: 482
Prepaid debit cards relatively new financial arena. They have not been around as long as their older brothers and sisters (credit card), and they are not nearly as widely used by both. But they were, that their presence felt by providing a strong value and in fact the most effective credit card ... Views: 483
I am going to date myself here so don't laugh but, when I was growing up my parents taught me to get an education and get a job. Well I was still in the era that I should get a high school education, find a man and have a family plus get a job. This was in the 70's so some of your understand. ... Views: 601
What is Freedom Worth
by Rusty English
Its not that I don’t have times where I really feel free to do what I want to do. Its not that I am not productive with my everyday activities. Its not that my chosen profession is boring or mundane.
Its been a while since I drove a long distance run. ... Views: 1338
It is no secret that property markets, in fact all economic markets, are driven by fear and greed.
During the last property boom greed was the dominant driver, but things have changed and now it's all about fear. Fear of a recession, fear of taking on more debt, fear of investing because the ... Views: 1642
“Nothing contributes so much to tranquilizing the mind as a steady purpose – a point on which the soul may fix its intellectual eye.”
Mary Wollstonecraft Shelley
The most successful businesspeople genuinely care about what they're doing. They wake up in the morning looking forward to the day ... Views: 866
If you are not happy with your life right now, it’s because you have conformed. Conformity is when you align your attitudes, beliefs and behaviors with those around you. Trying to fit in may be killing you - and your dreams.
By spending all your time trying to fit in and please people, it's ... Views: 849
Once upon a time, collateral was king when it came to borrowing money. And your home was typically the crown jewel of your collateral assets. Home ownership gave you instant credibility to a lender who could quickly pull up your payment history and deduce from past payment schedules that, yes, ... Views: 884
Free credit reports are an ideal way to protect your credit score and keep tabs on your credit history. Learn about filing for a free report and how you can change your credit ratings.
In a failing economy more people are concerned about the future of their credit than anything else. Some ... Views: 544
Having too much debt is an impetus for seeking debt forgiveness through chapter 7 bankruptcy. But, can this "fresh start" decimate all of your consumer debt? Depending on your financial situation, this get out of debt solution can keep you out in the cold. You may be better off exploring other ... Views: 1140
Most Agents begin their real estate career with the hope of gaining financial independence. They are attracted by the possibility of earning large sums of money. Even when Agents make more than a six-figure income, the vast majority have not dramatically improved their financial balance sheet. ... Views: 651
By its very definition, financial independence means to not be dependent on anyone or anything for our financial needs. That requires being free from debt.
When asked what they would do if they won the lottery, most people say they would pay off their debts. Just imagine what it would be like ... Views: 950
From the risk of redundancy to the tightening of credit lines, there is no doubt that times are tough with many of us now facing our own ‘personal recession’. In the backdrop of this global economic downturn where we have all been affected in one way or another, how can you regain some element ... Views: 566
More of the same equals more of the same. You want a different financial life for 2013? Shake it up a bit.
Shake that booty. Stir the pot. Seriously, let’s get this pahtay started right now, Pirate’s Booty style. Check that. Gangnam style.
Different actions could yield different ... Views: 551
Wealth of Being is a phenomenon that occurs when the Magic of the Sacred is infused throughout our lives. It is a quality of life fulfillment that grows from the inside-out…from a state of such profound Peacefulness, profound Sweetness, profound Beauty and profound Expansion that it is not ... Views: 2219
Normal people are obsessed with money and ways and means of getting their greedy little hands on it. The vast majority of self-help websites focus on making money, trebling your income, achieving financial freedom, becoming “wildly wealthy – fast”. They simply feed the normal frenzy for more ... Views: 1269
As our economy moves forward and a new property cycle begins, fortunes will be made by some group of investors. But if history repeats itself, many property investors won’t get the financial independence they deserve, so I want to share my time tested golden rules of property investing so you ... Views: 2370
Sometimes I’m asked why people should pay for a Spiritual Technology such as Diamond Alignment. I love this question, because it gives me an opportunity to address a larger issue – which is money and Spirituality and money in general … the split in Collective Consciousness I have witnessed ... Views: 1504
The Lie: Working From Home Is The Best Way To Do It
The Truth: Take it from someone who had to work out of his apartment for nearly 3 years because one if New York City rent is a tension headache, two New York City rents are a migraine.
Though, the return on investment on having an office ... Views: 1294
With the world economic downturn today, it is more important than ever to carefully plot the course of your business. Many businesses will fail under these financial times, but if you find someone who can give you good business financial advice, you will have a much better shot at making it ... Views: 564
Investing in any form whether it's in finance, real estate or stocks can be a daunting endeavour at the best of times. Even seasoned investment professionals experience hurdles along the way. It's easy to understand then why those just starting to dip their toe in the investing pool often shy ... Views: 455
When you say the word, 'investment,' most people's minds go straight to the stock market. Stocks are widely recognised as one of the most popular forms of investing. Yet while millions of people are already out there, trying their hand at investing in 'the market,' there are still many of us who ... Views: 427
“Can wealth give happiness? Look around and see, what gay distress! What splendid misery! Whatever fortunes lavishly can pour, the mind annihilates and calls for more.” - Andrew Young, Civil Rights Activist.
Think about the rich and famous, the media, our rock stars, and movie stars we ... Views: 1932
The Cornerstone investing system is a simple investing approach developed by fund manager James O’Shaughnessy. His book What Works on Wall Street, which first publicized the Cornerstone system in 1996, soon became a bestseller and is since then updated several times because of the amazing ... Views: 1689