Wealth Business

Archive for the ‘World Wealth’ Category

Learning how to use mind power, and learning specifically how to use mind power to attract wealth and abundance has been a major focus for most of my life. Along the way, I’ve learned that using mind power works most effectively when it is done with ease and grace. You don’t have to struggle to get exactly what you want in life. In fact, whenever you struggle, you push away that which you most desire.

Using mind power to change your life is more like a magic trick than anything else. You simply trick your mind into believing that you have what you want, and then your life miraculously changes to reflect your new belief. And just like a magic trick, it seems impossible until you learn the trick, and then you realize it is actually very simple.

Yes, I said very simple. The four steps which follow are designed for the complete beginner. You can start today, right now, to attract more prosperity in your life. Here are four ways to start immediately.

Four Simple Ways to Trick Your Mind Into Attracting Wealth

1. Show gratitude for any money which enters your life.

In order to attract money into your life, you must show gratitude for the money which is already in your life. Instead of bemoaning how little money you have, bask in gratitude at the many ways in which you are rich already. For example, if you earn over $2,182 per year you have more wealth than 85 per cent of the people on earth. And if you earn more than $25,400 a year you are in the top 10 per cent of wealthy people on this planet. When you focus on what you have rather than what you want, you realize that you ARE already rich. Give thanks often for all the riches in your life.

How to use this principle today:

The next time money enters your life, from any source whatsoever, instead of barely noticing what has happened and mentally beginning to spend it, use a few moments of time to give thanks to the universe for bringing this money into your life. Every time you receive a paycheck, every time someone gives you money for any reason, every time you find money, or get a great deal, or save money in some way, stop and appreciate the fact that money is flowing into your life. Doing this every time money comes to you will attract more and more money into your life.

2. Act as if you are rich.

This is the fundamental truth of all mind power work, that you must act as if what you want is already yours. So act as if you already have the money you wish to have. Ask yourself, if I was already rich, what would I do, how would I act, how would I feel, and then do, act, and feel in those ways.

Of course, this doesn’t mean that you quit your job and move to the South Pacific like you would if you suddenly won the lottery, but you start small and with each success you build your way to greater and greater wealth. Eat a little bit better, dress a little bit nicer, go on slightly higher-end vacations, take a cab instead of the bus now and then, take that course you think you can’t afford, or do anything at all that you wish to do but believe you can’t because of a lack of money.

And when you do these things, bask in joy at your inner state of wealth, and know that this state will be reflected in your outer world. You’ll be amazed at how life provides for the things which bring you joy.

How to use this principle today:

The next time you are about to buy something, anything at all, purchase an item that is of slightly higher quality and price than you would usually buy. Even if something only costs a few dollars more than what is usual for you to spend, buy that item and thank the universe for providing for your new expanding lifestyle.

Even though it is a tiny step, you are beginning to teach your mind that you are expanding your limitations, and as you practice this you will begin to purchase more of the things you want in your life and the money will come to you to pay for them.

3. Be open to money-making opportunities.

One thing that all self-made millionaires agree on is that there are opportunities everywhere, if we are just open to seeing them. You can prove this for yourself by looking at your own life. There are probably many times in your past which you think back to and wonder what might have happened if you had taken an opportunity at just the right time. Whether it’s obvious things like career opportunities you let slip by, investment opportunities you didn’t belive in, or less obvious opportunities like an idea you once had that is now making someone else rich, or an industry you could have joined before it became saturated.

If you are like most people, when you think of your past opportunities, you believe that you once had a chance but that opportunity is now gone. The difference between rich and poor people is that rich people realize that new opportunities are always all around us, all the time. You simply need to keep a look out for the opportunities, keep and open mind, and be prepared to take advantage when the opportunity arrives.

I’m sure you’ve heard the old adage that luck occurs when opportunity meets preparation. Well, it couldn’t be more true. If you expect to find money-making opportunities in your life, and you prepare to take advantage of them when they come, you will be blessed with more incredible luck than you have ever experienced.

How to use this principle today:

Get out a little notebook and write down all the money-making ideas you can think of. It doesn’t matter how stupid or outrageous the idea might seem, write it down anyway.

This does two things. First, you realize that there are plenty of money-making opportunities around you right now, as there always have been and always will be. Secondly, this exercise will stimulate your mind to see money-making opportunities where it might have ignored them in the past, and will help you practice to see opportunities in the future.

If you keep adding ideas to your notebook consistently, one day you will see an incredibly opportunity on your list which is perfect for you. Then go for it!

4. Do something that makes you feel good.

This has got to be the easiest money-making advice I could ever give. Do something that makes you feel good. When you feel good, your energy rises, and when your energy rises, it attracts more of the things into your life which make you feel good.

Could life be any easier? Not really, but we are so caught up in the backwards thinking of everyone around us that we miss the obvious flow of energy. All you really need to attract more of the good things in your life, including more money, is to generate positive energy into the world. The states of happiness and joy literally rearrange the atoms of your world to bring you more happiness and joy. Of course, the reverse is true as well. So avoid fear, anger, depression, and spend your time feeling good about yourself and your life.

If this is difficult for you, just practice. Begin with some small thing which brings you happiness. It could be as simple as watching a sunset, renting your favorite movie of all time, taking someone you love out for dessert, or anything at all.

The secret is to do these things whole-heartedly, with all your attention focussed on the happiness vibrating from your soul out into the world. This simple act will bring you rich rewards.

How to use this principle today:

Don’t just read this article and think “that sounds good” and then go back to your life. Pick something to do which will bring you happiness and do it today. It doesn’t matter what it is or how small it seems. In fact, you don’t have to do anything at all. All that is important is feeling the positive emotions of happiness and joy emanating from your soul.

One simple way to generate positive emotion is to feel gratitude for something in your life. Just pick something in your life for which you are very grateful, and vibrate your gratitude towards
it.

It’s Never Too Late If You Start Now

That should get you started. Four extremely simple actions you can take to begin to expand the prosperity you experience in your life. But don’t stop there. Never let fear or doubt enter your mind. There is nothing you need in order to succeed except the power of your own mind.

If you worry that you are not smart enough, not connected enough, not talented enough, not young enough or not old enough, you are simply creating limiting beliefs which will manifest in the outside world. All you really need to know is that the outside world is a reflection of the state of your inner mind. Know that you can make every day from this day forward a little more joyful and a little more abundant and then watch your life begin to change.

It’s an easy and gentle process, much like letting a plant grow. One day you will suddenly realize that all of your good thoughts have grown into the beautiful fruits of a happy and successful life.

How would you like to buy whatever WoW item you wanted whenever you wanted?

If you are a World of Warcraft player and you want to have a guide that will surpass all of the other guides on making the most gold the fastest way in the game play, then the Warcraft Wealth guide is for you. This is basically a Warcraft Wealth Review that is given by many different World of Warcraft veteran players. There are also many other reviews that you can read on the Internet in order to decide for yourself what is the best gold making guide you can use. All of the guides are reviewed by players who have purchased the guides and have used them.

There are a lot of reviews on the Internet today that are there in order for players of the World of Warcraft to take advantage of in order to know exactly what type of guides they should use for making their game a whole lot better as well as easier. There are so many World of Warcraft guides on the market today that by reading the reviews of these guides, it helps the WoW players to decide on which one would be the best for them to use.

These reviews help out other players in their quest to find gold making secrets and tips. The Warcraft Wealth Review basically should tell you about how the person who is writing the review thinks about the guide, the types of things that are in the guide that should be taken into consideration, and basically if they recommend the guide to the people who play World of Warcraft. By reading these reviews, they will be able to tell if they want to spend the money on the guide or not.

The Warcraft Wealth Review of the guide states that this guide is just not another rehash of all the strategies that are in the other guides that help gamers to get gold. This World of Warcraft Wealth guide goes above and beyond the expectations that many of the gamers have in reading a guide that will help them collect gold. Many of the people who have purchased the guide liked it so much that they even emailed the creator of the guide in order to let him know exactly how much they appreciate such a guide that actually gives them new and exciting strategies to try in order to make gold.

In any one of the Warcraft Wealth Reviews that you find on the Internet, there is usually specific wordings that state it is the best gold making guide that is out on the market today. This is a pretty big phrase to read by people who have not gotten the guide yet. The reviews that you read about this guide could take you right to a website where your next plan of action will be to purchase the guide so that you can learn how to make all that gold on your World of Warcraft game.

ve been diligently saving into your 401K and looking forward to your retirement. You are 57 years old and you open your statement. You?ve lost half of your retirement investment. Suddenly retirement has been pushed back beyond age 65 and you will need a part-time job when you retire. You have been saving into your 529 college plan. Junior is about to turn 18; instead of the one hundred thousand dollars you expected based on what you were told were the historic returns of the market, you have less than half of that. Now you have to have the conversation with Junior, valedictorian of his class, about going to the Junior College.

What if your financial planner told you that you were about to embark on a great experiment? That the experiment would require you to set a consistent amount of money aside for 30 years in a lock box controlled by investment banks and the United States Federal Government, limit your investment options to mutual funds and bonds, and hope that certain beliefs about long term historical returns hold true until you need your money at the end of your working life.

That is exactly the first conversation that I had with my financial planner 7 years ago. She said to me, ?Ouida, these mutual funds, 401Ks and 529 college plans?this is all a great experiment Large groups of people have never retired or planned for college in this way before and we won?t know how this experiment is going to turn out for another 10 years or so.?

When I heard that,I realized television pundits and financial authors simply articulated unproven strategies in an overall experiment that began in the late 1970?s when corporations began to shift the responsibility for retirement planning and pension funding onto employees. I thought about the meaningless conversations that I had with my erstwhile plumber about the latest hot mutual fund and whether or not he should buy Google. The Great 401K Experiment has turned the majority of employees into investors and turned the man on the street or the salesman behind the desk into a financial guru.

Wikipedia defines an experiment in the following manner: In scientific inquiry, an experiment (Latin: ex- periri, “to try out”) is a method of investigating causal relationships among variables. An experiment is a cornerstone of the empirical approach to acquiring data about the world and is used in both natural sciences and social sciences. An experiment can be used to help solve practical problems and to support or negate theoretical assumptions.

I wonder who ever thought that by diligently placing money in their 401K that they were ?trying out? their retirement plan?

As a physician, I rely on the outcomes of well-designed experiments to determine the best therapeutic strategy for my patients. In health care, by the time an experiment involving a therapeutic intervention is carried out on human test subjects, basic assumptions about the therapeutic intervention have already been formulated and tested in the laboratory. In medicine, we know what the variables are and we control for them, we have specific outcome measures and, most importantly, we can stop the experiment if the outcome is out of line with expectations and proves to be harmful to patients.

Despite involving human test subjects, the goings on in the world of finance and retirement planning have nothing to do with a safe controlled experiment. No, in the world of personal finance and retirement planning, we have what is known as an observational study. In an observational study, people participate in a series of activities and we follow them long term to the end. Whatever that end is. We are simply along for the ride waiting to see what happens. In terms of retirement planning, that could mean a retirement lived in poverty or a retirement in which all of the financial needs are met. But this experiment does not guaranty the latter outcome.

Let?s look at the assumptions that financial planners and employees alike have made:

1) In retirement, expenses will go down. Therefore retirees will need only 75% of their pre-retirement income. This means that a person with an annual income of $100,000 during his working years, should set enough aside to generate an annual income of $75, 000 in retirement. This assumption has one basic flaw: it ignores inflation. Current estimates are that retirees will need $250,000 to $300,000 dollars just to handle health care expenditure. This basic tenet of retirement planning ignores the realities of many retirees, personal illness, the need to care for a sick spouse or adult children.

2) Stock market returns average 8% per year over the long haul. This is simply untrue. A quick trip to moneychimp.com shows that the S&P has returned 8.76% since 1871. However that percentage drops to 6.56% when adjusted for inflation. If you could have been invested in the markets for the past 137 years you could have done okay. But 137 years really does challenge the idea of just what the long haul is. The long haul is certainly more than 10 years. From January 1, 1998 to December 31, 2008 market returns were 0.96%. Inflation-adjusted returns were -1.44%. As I discuss in my article, The Stock Market: The Second Greatest Financial Scam of the 20th Century, the long haul for stocks is more like 30 years. It becomes obvious, then, what you should do if you are 50, intend to retire at 65 and are contemplating putting money in the markets as an investment.

3) Home prices will always go up. This assumption made home ownership tantamount to putting money away monthly into a super-charged savings account. I?ve never seen a savings account lose value the way the housing market did during the Savings and Loan crash and this most recent financial downturn.

4) Capital gains are better than cashflow. The current economic environment is a prime example of what happens when people invest for capital gains alone. When the capital gains party stops wealth is devastated. With cashflow, however, businesses can operate as usual. It is estimated that 20 percent of real estate loans made during the housing boom went to investors. What if all of those investors had invested for cashflow? Price appreciation made cashflow impossible for most of the investor purchases that were made in the last 4 years. Absent cash flow, investor money would have remained on the sidelines, fewer loans would have been made, property valuations would have remained in check and part of the speculation that drove the recent housing market would have been absent.

What happens when the basic assumptions of an experiment prove false? The experiment fails. In medicine, a failed experiment sends everyone back to the drawing board looking for answers. Not so in the world of personal finance. Personal Finance is called personal finance for a reason. You are the person and it is your finance. You are the only one who goes back to the drawing board usually with less money than you started with. The broker who sold you the stocks made his money. The fee-only planner that you were told to use by Smart Money Magazine made her money. The fund manager made his money.

What is the solution? Education. Education of the financial type. Every waking minute of every waking day. Yes this is work, but it is the only way. Those who don?t want to do this type of work should remain participants in the observational experiment to whatever end. My financial planner made sure that I stayed out of 529 plans, and that I did not invest in IRAs outside of my 401K plan. The way to wealth is simple and it is the following:

1) Live below your means
2) If housing prices in your area are too high, rent, but aim to keep total housing costs at less than 20% of income
3) Buy a quality car no more often than every 10 years and maintain that car. Car leases and frequent new car purchases are among the greatest drainers of household wealth
4) Eliminate consumer debt.
5) Obtain skills in writing, sales and marketing
6) Save
7) Invest savings into income-producing assets:
a) busines
ses such as network marketing
b) real-estate
Work with those assets once you do invest to make sure they produce income.
9) Protect all assets via entities
10) Find advisors and partners that you can trust who have your interests in mind. They are not hard to find.
11) Understand yourself and your tolerance for risk. For many putting money into bonds and not giving financial education another thought is the best strategy.
12) Read a financial book per month and attend one business development seminar per year that teaches a specific skill
13) Stay away from mainstream financial magazines. They only offer the same pabulum that has left many high and dry, stripped of their wealth.
14) Subscribe to Investors Business Daily, The Financial Times or The Wall Street Journal
15) Stay away from personal development seminars but read personal development books
16) Implement the strategies and skills from the seminars and books

Your time investment will be at least 10 hours per week. Are you ready to invest the time and get going?