Tuesday, December 31, 2013

How To Get Rich - Grow Your Dreams

Do you ever dream of what being wealthy would be like ?

Do you ever dream of specific things that you would like to have ?

Truth is, we all have dreams but it is how we focus on them that matters !

Dreams of Your Future Life

Dreams are something that nobody can ever take away from us. They are the inner workings of who we are and where and what we want to be. Many wealthy individuals today started out with nothing more than their personal dreams and desires.

No matter where you come from, your dreams and desires are just as important as anyone else. Never let anyone tell you otherwise. You and your future are what matter the most to you.

The first inner step of becoming successful and/or wealthy is to never let go of your strongest dreams and desires. You must keep feeling and living these dreams as if you were living them today. Make these dreams a part of your everyday life and your life will become full of passion for your desired future.

Divide and Grow    

Your dreams for the future can many times be divided into multiple steps or stages that can be focused on one at a time. As each step is achieved, you will get the feeling of satisfaction that you are now on your way to becoming closer to your final perceived end point.

What happens to your dreams along the way is that they tend to grow. As you become more confident because of what you have already done, your dreams will expand and grow. This is a natural consequence and should always be encouraged for all it's worth.

This is truly the way to become all you will ever want to be. Never stop dreaming no matter how many accomplishments you have made.

What To Do

Everyone has dreams. Most will do nothing with those dreams and then have a life full of envy of others. Do not let this be you. Focus on your dreams and never let go no matter how tough life may seem. Your dreams are the most important to you.

As you realize accomplishments throughout your life, keep growing your dreams. Never stop dreaming and expanding as life goes on. After all, if you stop dreaming, what is the purpose of life ?

As we say goodbye to the year 2013, we should start saying hello to our bigger and better dreams of tomorrow. Without these dreams, what kind of a future would the world ever have ?


Tuesday, December 24, 2013

How To Get Rich - Invest With A Conscience

Do you invest in companies that hurt other people, animals or the environment ?

Do you even know how your investments impact the world ?

Chances are if you're like most you don't have a clue !

Know What Your Money is Doing

Most people invest blindly in companies that they would not necessarily support if they knew how they operated. Investment recommendations are most often made solely on economics and have absolutely nothing to do with morals.

Unfortunately, the world operates solely on profit. Most of the time a company will put profits ahead of people, animals and the environment. The reason being, there is extreme pressure for a business to stay competitive in order to survive in this world's uncaring business environment.

It is therefore an investors' responsibility to dig deeply into a company's operations to explore their moral conscience. It is your responsibility as an investor to separate the good from the bad and the downright ugly. This information can sometimes be hard to find as companies will do whatever they can to hide negative practices. But you must strive to do what you can.

Why Invest With A Conscience

With the expanding of global communications, companies that exploit other individuals, animals or our fragile environment had better watch out. As people around the globe become more aware of a company's negative practices, a fire storm of bad publicity can erupt virtually overnight. This bad publicity has the ability to sink even the strongest of balance sheets in a very short period of time.

The future will undoubtedly see further expansion of global communications. This means that the power of the individual will become even stronger. It will be harder and harder for companies to hide from public scrutiny. It is also possible that even one disgruntled employee with inside information could potentially open the flood gates of criticism to the world.

If you are caught as an investor in a company with negative practices, you too could lose as your investment value could drop rapidly.

What To Do

Before investing in any company, make sure to do your homework. Dig as deep as you can to try and find any negative practices. If you find something and no action is being taken to clean up their act, don't invest.

Research all of your current investments as well to see if any negative practices can be uncovered. You will then truly know what your money is doing to impact the world.

Keep up to date with what your current investments are doing. Quite often a company's direction will change with new leadership or mandates. Any potential negatives that may come from these changes should be explored. Depending on the strength of this new direction, an investment decision may have to be made.

Your overall goal should be to never be invested in a company with negative practices. It may only be a matter of time before the scrutiny of the world will make their judgement.

As always, I welcome your comments and suggestions for future topics.

Tuesday, December 17, 2013

How To Get Rich - Understand the Bitcoin

Have you ever heard of the new Bitcoin currency ?

Do you think it would make a safe and secure investment ?

There are things you need to know before taking the plunge !

What Is The Bitcoin

The Bitcoin is basically a fairly new form of electronic currency that has no ties to the central bank of any country. It is being promoted as a way to eliminate foreign exchange charges when transferring funds between countries.

On the surface it is shown as a way to make purchases on line from any country without having to calculate currency conversion rates and bank charges etc. This does seem to be a very good idea for certain purchases and money transfers between countries etc. But is it safe and how much will it actually cost you in the end ?

Dangers of the Bitcoin

It seems that no one really knows who controls the Bitcoin market. Also, the value of the Bitcoin can fluctuate wildly and the reasons seem difficult to understand.

I looked at the terms and conditions of a company in my country that exchanges local currency for the Bitcoin. There were many warnings of absolutely no guarantees of any future value. Also, they could not guarantee that you would be able to buy and sell Bitcoins at any particular time. In addition, they clearly stated that you could potentially lose everything if you were to purchase Bitcoins.

I realize that legally they had to say all of these things to avoid potential legal problems. However, for me, it did not give me the warm cozy feeling that I like to have before investing my money.

What To Do  

Personally, I will not be investing in the Bitcoin any time too soon. On the surface, it seems like a great idea and sometime in the future this may indeed be the way the world will operate. But for now it is too new and not yet proven that it really works. Also, I am positive that Governments throughout the world will fight tooth and nail against the Bitcoin.

If you would like to dabble in the Bitcoin world, by all means give it a try. I would recommend however that if you do give it a try, do so on a very limited basis. Remember, this is currently a very speculative market and you could potentially lose everything.

For me, investing in the Bitcoin would be extremely speculative in nature. I prefer to invest in the many opportunities that exist that offer a history of steady growth and income. I prefer the warm cozy feeling.

Please Note : All of the above is strictly my personal opinion based on my limited research of the Bitcoin. You as a reader of this article are encouraged to do your own research on the Bitcoin and determine whether you feel it would be suitable for your circumstances.

As always, I welcome your comments and suggestions for future topics.

Tuesday, December 10, 2013

How To Get Rich - Learn Holiday Gift Giving Reality

Do you love buying great gifts for your loved ones over the holidays ?

Do you love spending time with your family and friends ?

Which of the above do you think is more important to you ?

Holiday Hoo Haw

It should be no surprise that the upcoming holiday season is big business for big business. It is the time of year that all investors watch to compare one retail store to another. It is the time of year that will either make or break any retail enterprise.

Whatever your beliefs are, the sad truth is that the holiday season has become all about making profits for the big retail corporations. For many individuals it has become all about buying the biggest and best gifts. These same individuals are even willing to go into huge debt to satisfy the craze.

Remember The Santa Grinch ? 

Last holiday season I wrote about the Santa Grinch which is basically someone who gives like Santa but saves like the Grinch. It is very possible to give thoughtful gifts without going into huge debt to do it. Many times the best gifts are not always associated with the price tag.

An old saying once said that it is the thought that counts, not the size of the gift. Perhaps there is still some truth to this old saying. The more thought you put into a gift, the more personalized it becomes. Giving should not be about rushing around trying to find the biggest and best gadget or gizmo. A gift should be personal.

Your Wealth and The Holidays

There are many things that you need to do and practice to become wealthy. One of these is to learn to control your output, or in other words your spending. The holiday season is one of the most challenging times of year for over spending. It is the time of year that can either make or break any financial plan, similar to the retailers as mentioned above.

If you plan to go into debt this holiday season, remember you will be giving to more than just your loved ones. You will be giving to the wealthy individuals that own the retail corporations. If you pay interest, you will also be giving to your wealthy bankers.

The advertising blitz will often make you feel you need to spend big to be appreciated by your loved ones. But do you think this is really true ? If it is, it should not be. We should all be appreciated for who we are, not by the size of our gifts. Advertising can be a very powerful psychological tool.

Holidays Should Be Happy For Everyone

Whatever your holiday spending plans may be, make sure you stay true to yourself and your family. Be the person you want to be for your loves ones, not the person someone else is saying you should be. The size of your heart is much more important than the size of your gift.

Remember to give generously of yourself to your loved ones this holiday season. But be careful not to give too much to the wealthy business owners and bankers.


Tuesday, December 3, 2013

How To Get Rich - Build Your Own Time Machine

How rich do you think you would be if you could travel back in time ?

Do you think you would be able to correct all your previous mistakes ?

Chances are things would probably be a lot worse than they are today !

Opportunities And Time

Most opportunities in life are very limited to a certain time frame. Once everyone catches on, the opportunity no longer exists. If everyone could travel back and forth freely in time there would no longer be any opportunities. This is because everyone would try to correct past mistakes. What an ultimate mess this could create !

It is a very good thing that time travel is something only in science fiction. I cannot imagine the endless paradoxes that people would create to better their own lives. Things are bad enough today when we can only travel in one direction at a fixed rate.

The reason that opportunities are created is that only a limited number of individuals are able to react to changing conditions through their gained knowledge and insight. These individuals work towards wealth creation via increased knowledge and experience. The rest are mere followers and generally get into the opportunity too late to really benefit.

You And Your Time Machine

As mentioned previously it is a very good thing that physical time travel is currently an idea expressed only through science fiction. But this does not mean that you cannot utilize your time, whether it be present or future, to better your own life. Your time machine currently works in one direction only at a fixed rate of change.

To build your current time machine to it's full potential, you must utilize your current time to it's full benefit. Use this machine to build your future wealth and to enrich your future life and the lives of all your future generations to come. Time is a very valuable tool, especially when we cannot physically go back and correct the past.

What To Do

Instead of wishing for something from science fiction to fix your problems, utilize what you are given today. Utilize the time that you now have to make a difference in your future life. Stop wasting your valuable time on activities that do not give you pleasure today. Stop wasting your time on activities that do not contribute to your future growth. Stop wasting your time punishing yourself for past mistakes which you cannot go back and fix.

Realize that your personal time machine works in one direction only. It will only allow you to fix any problems today to help in your growth of tomorrow. The past is gone and unreachable, at least for now until if and when traveling to the past may be an option.

As always, I welcome your comments and suggestions for future topics.