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How (NOT) to Buy Mutual Funds
When it comes to mutual funds, there is a lot more to success than just finding a good one. Sad investment stories like the following are all too common. I hope my sharing it with you will help you avoid making the same devastating financial...
How To Start Investing For Financial Independence, Part 2
Last week, we started a multi-part series about how to go from being a beginning investor to being “financially independent” in a steady and predictable way. Many, many people want to overly complicate this process so let's briefly, let's recap...
No Load Mutual Funds: Investment Hype vs. Investment Help
With the internet such a huge part of our daily lives, many investors have access to a wide range of instant investment information.
Whether you’re into stocks, bonds, mutual funds, futures or options, there are tons of electronic investment...
Small Business Q & A: Investing In Son's Business Could Cause A Real Family Feud
Q: My youngest son wants to borrow $5,000 to start his own business. My wife is afraid to tell him no. She thinks we should just give him the money and not expect anything in return. I disagree. He doesn't have a very good track record with...
What Is A Mission Statement?
In order to do your mission statement you need to be able to answer the following:
Why should this business exist?
Who will be its customers and how will it benefit them?
Why will they be better off?
These questions are easy to...
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A Secret Home Based Business? Long Term Stock Investing!
I have a dear friend who is a medical doctor. I once mentioned to his secretary that it seemed to me that his ex-wife had really taken him to the cleaners in their divorce. His secretary very quickly and forcefully admonished me and explained that his ex-wife was the reason for his great wealth. I was fascinated when she described how his stay at home spouse has spent all of her free time learning to invest in stocks and turned their modest savings into a true gold mine!
You can do the same if you will learn from the correct investment coach. Your learning should be multi-facetted. You should first learn what makes the markets tick by reading Dr. Bob Shiller?s book ?Irrational Exuberance?. This prestigious professor of economics has done an extraordinary amount of research into what really drives the markets.
Next you need to learn the actual mechanics of trading such as I teach in my comprehensive home study course that encapsulates over a hundred years of both trading skills and market knowledge. Once you have the knowledge under your belt then it is imperative that you develop the iron edged discipline needed to succeed in the markets. You can develop your knowledge of discipline and investment psychology through Dr. Van Tharp?s home study course called ?Peak Performance.?
Always remember that investing is a game just like in the casinos. The more professional you are in your approach to the game the better you will fare. All professional gamblers spend their time mastering the games they play. Investing in the stock market is no different except that you do not have to leave your
house to do it!
Do not blind yourself into thinking that you are ?stuck at home? because of child rearing or a disability. Open your mind to the possibilities that this new communication age holds. You can now invest in the stock market with the ease that thirty years ago was only possible working out of the house. Choose your investment teachers carefully and your success will by highly assured. I wish you the great abundance in your life that you deserve because of what you are and don?t forget that happiness is found only in the precious present moment!
RECOMMENDED READING:
1. Kiyosaki, Robert; ?Rich Dad Poor Dad?, Warner Books, Incorporated, 2000, ISBN: 0446677450
2. Hill, Napolean; ?Think and Grow Rich?, Random House Publishing Group , 1976, ISBN: 0449214923
3. Tharp, Van; ?Trade Your Way to Financial Freedom?, McGraw-Hill Companies, The, 1998, ISBN: 0070647623
4. Shiller, Robert; ?Irrational Exuberance?, Broadway Books, 2001, ISBN: 0070647623
About the Author: Dr. Scott Brown, Ph.D., a.k.a. ?The Wallet Doctor?, is a successful investor. Dr. Brown holds a Ph.D. in finance. The Wallet Doctor is sought after for investment advice and coaching. For more information visit Dr. Brown?s site at http://www.BonanzaBase.com or sign up for his investment tips at http://www.WalletDoctor.com
Source: www.isnare.com
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