A Valuable Lesson

The way you view money will either free you or enslave you... in other words the way you think about money is an important factor of wealth.

The true value of a dollar coin is not its numerical value but how you use it. If you gave 30 people a $1.00 coin and gave each one 7 days to see what they can produce, do you think you would get different results?
Of course, so even though everyone received the same amount of money it had little bearing on how much they made.

So true wealth, comes from the six inches between your ears and, how well you use it. Wouldn't it be prudent to spend less time working for money and more time learning how to think about it's value and how to use it.

You see the secret is, not how hard you work, but how smart you think.

Grab a $1.00 coin, double it, what do you get $2.00, now double $2.00 you get $4.00 and so on. Now keep repeating this mathematical exercise. It's amazing that after doubling your $1.00 coin 21 times, you will actually end up with $1,000,000,000 dollars.

Now from that simple exercise might it be that wealth is the result of hard work, or hard saving over a period of time or is it simply $1.00 and you only need one good idea that you simply repeat 21 times?

To me the most logical answer is, what ever you did to turn $1.00 into $2.00 repeat that process another 21 times.

What are Stock Market Indexes - First Looks for Everyday Folk like You and Me

A stock market index is a method of measuring a section of the stock market. Many indices are compiled by news or financial services firms and are used to benchmark the performance of portfolios such as mutual funds.

Stock market indices may be classed in many ways. A broad-base index represents the performance of a whole stock market — and by proxy, reflects investor sentiment on the state of the economy. The most regularly quoted market indexes are broad-base indexes comprised of the stocks of large companies listed on a nation's largest stock exchanges such as the British FTSE 100, the French CAC 40, the German DAX, the Japanese Nikkei 225, the American Dow Jones Industrial Average and S&P 500 Index, the Indian Sensex, the Australian All Ordinaries and the Hong Kong Hang Seng Index.

A Stock Market - First Looks for Everyday Folk like You and Me

What is a Stock Market?


A stock market, or (equity market), is a private or public market for the trading of company stock and derivatives of company stock at an agreed price. These are securities listed on a stock exchange as well as those only traded privately.

Participants in the stock market range from small individual stock investors to large hedge fund traders, who can be based anywhere. Their orders usually end up with a professional at a stock exchange, who executes the order.



Some exchanges are physical locations where transactions are carried out on a trading floor, by a method known as open outcry. This type of auction is used in stock exchanges and commodity exchanges where traders may enter "verbal" bids and offers simultaneously. The other type of stock exchange is a virtual kind, composed of a network of computers where trades are made electronically via traders.

O My Word!

In the short-term, there are probably many of us who may not feel the immediate impact of the international financial downturn and the recent bailout, but in the long-term, we'll all feel it.

Whether it's when we try to buy a home, a car, renegotiate the terms of a loan or credit card, all those items have been affected. It's just a matter of when we'll feel it.

Some predicts that this financial crises may take at least 10years to repair itself before we see a marked improvement on a global level. Some say it may be longer.

If you have a job, chances are that you are heading for a bumpy road ahead. Maybe it's time you start to explore other avenues to cushion the blow of losing your job before it happens.

Global financial markets are experiencing some of the most challenging conditions ever witnessed. In recent days, as global financial conditions have deteriorated markedly, governments around the world have taken unprecedented steps to guarantee the liabilities of their financial systems.

The Australian financial system is demonstrating its resilience to the international financial market turbulence. Australia’s banking institutions remain sound, well-capitalised and profitable with high asset quality.

The Australian financial system is however being affected by global events. Recent developments in the international wholesale funding markets have created acute funding pressures that now pose potential risks to the total supply of finance to the Australian economy.

This has the potential to slow further domestic economic activity.

Quote:
"Prime Minister Kevin Rudd has warned that economic growth and job security could be in jeopardy as the global financial crisis entered a "new and dangerous" phase.
As he equated the current financial turmoil to a national security crisis, Mr Rudd today signalled the jobless rate for next year was likely to be higher than originally forecast in the May budget.
While Australia remained in better economic shape than many of its contemporaries, Mr Rudd said there would be challenges.
"Australia is better positioned than practically every other country in the world to see its way through this crisis," he told reporters.
"(But) this global financial crisis has entered a new and dangerous phase with real consequences for growth, for jobs and therefore for the future.
"We are in the economic equivalent of a rolling national security crisis.
"The challenges are great but the government has set a strong course of economic policy to see Australia through this economic storm."
In the budget, the government forecast a jobless rate of 4.75 per cent by June next year but that prediction was made prior to the global financial crisis.
"Given the developments in global financial markets and what has been a really turbulent couple of weeks, as night follows day there's a roll-on impact in terms of the real economy and jobs," Mr Rudd said.
"So, unemployment is likely to be higher. That's just levelling with people ... It's likely to be higher than has been projected. We don't have numbers on that."

I have an investment portfolio. Part of it is invested in the stock market. Obviously, I lost money, but I don't feel “awful” about it because these are paper losses. I won't need this money for at least a few more years and selling now for cash may be penny wise pound foolish, so short-term losses are meaningless. If you are young and have several years before you will actually need your super or investment money, you are correct in thinking that your retirement finances does not worry you.

If you're retired (or will be soon), chances are you're obsessed with exactly one thing, getting a predictable income stream that's as safe as possible while still delivering a decent return!

For people who are near retirement, this is scary, maybe they should change the way their asset are allocated, not sell, but take a closer look at it now. Regardless of what anyone says, no one over 50 should have more than 30% of their portfolio in the stock market.

Even if you haven't been affected, I'm very happy that you haven't, but it makes sense to prepare. If you have debt, take advantage of any low interest rates, the banks passes it on to you, to pay off as much of that debt as you can. Try to get used to living more simply and mind your money. If you have a good job, make sure you are perceived as valuable, so that you can escape possible future layoffs.

But I think what really scares most of us, is the possibility of the global economy sliding into depression. If that happens, it will affect each and every one of us. There are ways that you can avoid the pain when this happens. But you must be prepared to do so NOW. Educate yourself to see the signs and mind your money. Why not prepare your own rescue package now.

“Formal education will make you a living. Self-education will make you a fortune”

So How Many Times have YOU?

So how many times have you paid the price for not asking the correct questions or not knowing what to say?
I've heard many professionals say, "Ouch! that cost me! Wish I had a clearer idea when going into that situation."
Or maybe being a parent, the kids got the better of you, or you had no idea when they presented you with a situation of what to do.

Well, we all have our moments and wish that we were better equipped. If ever you found yourself in such a situation, maybe look a little closer at the product I use to help me. It may just save you a few costly moments.

So How Can I help?

"We attend school to learn to read, write and follow a set curriculum....but as adults we seek knowledge to learn from those with the necessary expertise, understanding, experience and solutions to everyday problems and issues"

The product I use and offer will teach you how to generate wealth, keep it and make it grow. It will motivate and inspire you to clearly see your true potential and provide a road map for achieving it to making your dreams come true.

By showing you the Wealth and Self product, my aim is to:

Take you on a journey of life choices that will, foster lifestyles of independence and dignity, introduce you to free enterprise, enhance personal harmony and financial security, encourage a spirit of community and a sense of purpose,

“It's not the size of the dog in the fight, it’s the size of the fight in the dog.”

The Wealth and Self Product is for those who would like to be financially literate and investment savvy.

“Formal education will make you a living; Self-education will make you a fortune”

Why I found the product so impressive!

The first line on the product’s web page states:

“Understanding how your money works and your mind works is the foundation to lasting success.”

For me this is a crucial sentence, because it tells me, that what I am about to learn with this Educational Platform, will help develop my financial aptitude as well as my mental attitude.

The Product’s Mission Statement is even more convincing.

“To give it’s users the knowledge and skills that will support them in achieving financial and personal independence.”

You get visual aids, illustrations and clear instructions of how to apply the facts in real life. Being a web based education product, I need to add that the 3 different formats (text, audio and video) used, offers an incredibly versatile educational format.

The topics are all easily digestible because they are of a reasonable length and they are stated and explained in such a way to have universal appeal, regardless of a person’s educational background.

How the product changed me:

I have found that this Educational Platform moved me from living an unexamined financial life to living an educated and examined financial life.

“The unexamined life is not worth living.”

I’d never want to go back to that former financial existence. Why? Because this new financial life I lead now energizes and enriches me.

What really triggers my enthusiasm to talk about the product:

The fact that I am in daily contact with people just like you who have similar needs and who are looking for solutions to their specific financial situations. I found that I am not the only one that had worries about my future. That’s why I am sharing my story with you to let you know that this product can benefit you in a big way as well.

Now as I look differently toward the future, because this product is giving me the knowledge and the skills that will assist me in achieving my financial and personal independence.

The Wealth and Self product’s format

The product addresses 2 key issues, Wealth improvement and Self-improvement.
Covering Wealth, there are 8 audio modules, 8 video modules and 9 text modules or parts. These 9 parts are further divided into numerous chapters, so that the 9 parts are actually made up of a total of 49 chapters that contain a wealth of education!
Covering Self-improvement there are 14 parts. This side of the product deals with topics such as leadership, attitudes, self-esteem, goals, time-management, communication and creative imagination.

What the product offers

Self-Help has never been easier. This course will open your creative mind and help you grab hold of the greatness that lies deep inside you. As a result, you will become infinitely more successful than you are today.
Tangible, quantifiable results will be produced in every aspect of your life: personal, business, spiritual, and material. You are a success in progress so allow this product to be your guide.
This product will equip you with knowledge and skills that will assist you achieve financial and personal independence. This Educational Product Series was established to provide quality modern education to men and women seeking a cutting edge advantage in today’s market.

The programs have been designed for individuals and families who possess the desire to expand their education for greater financial and personal success. Strategies once reserved for the ultra wealthy and well connected are now available to you. Cutting edge education is no longer an opportunity that is confined only to private schools, privileged educational institutions or special corporate environments.
You and your family can now indulge in the joy of modern learning and progress. This knowledge system is divided into, the foundation of our educational platform, a comprehensive guide to financial and personal prosperity as well as the opportunity to attend International Conferences.

"I have purchased and use the Wealth and Self product I briefly informed you about, myself. So not only do I distribute it but also gain the full benefit as a user of the Wealth and Self product as well. But I must stress, you are under NO OBLIGATION to take up my offer, or believe what I say. It's only your future and that of your families, that hangs in the balance. Can you afford the risk of not doing anything?"



Contact me on (02) 8005 7186 if you are in Australia or +61 2 8005 7186 if you are located outside of Australia. My office ours are Monday through Friday 10:30am to 4:30pm EST or visit my website to securely register you details and we will contact you instead.