Money 02 (Jun 10 - Sep 11)

Re: Money 1 (Sep 08 - Jun 10)

Postby winston » Sun Jun 20, 2010 1:38 pm

How Happiness Attracts Money

By Christopher Westra
Excerpt from I Create Millions

Do you know there is a strong correlation between money and happiness?

Yes, you heard right. No, money does not bring happiness - the correlation goes the other way. Happiness brings money!

Yes, those who are truly happy now always attract more abundance into their life.

If you think that anything outside yourself will cause you to feel a certain way, then you are suffering under an illusion.

The universe wants you to understand that you are the creator of your emotional life. You can decide to be happy now, and happiness is what you really want.

You don't need money to be happy. As long as you think you need money to be happy you will push it away because of your desperate craving.

When you are already happy, then you don't need money. You simply desire increased abundance for yourself, your family, and the entire world. You can surely have it then, because you have learned the lesson.

Stop searching for the magical arrival of an ideal and perfect day. Enjoy the flux and flow of this very day.

The present moment is the only time you can be happy because now is the only time that exists. Be happy before you get money. Be happy right now!

Actively enjoy the blessings you receive, and cultivate a welcoming and happy attitude towards everyone. You only want money to buy things. You think these “things” will make you happy, and more secure.

Choose to feel the way you want to feel right now, and then you can have anything you want. You achieve manifesting power when you know the secret.

The secret is that you manifest first in the inner emotional world of faith, and then in the “outer” physical world you can touch. Go forth and choose this day to be happy.

http://www.mindpowernews.com/HappinessMoney.htm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 112011
Joined: Wed May 07, 2008 9:28 am

Re: Money 1 (Sep 08 - Jun 10)

Postby winston » Sun Jun 20, 2010 3:24 pm

The Subconscious Law of Becoming Wealthy

By Nikola Grubisa
Co-author of The Enlightened Saleserson

The concept behind any form of wealth is creating income. Are you satisfied with your current income? Probably not. Have you ever wondered why this is so?

A typical case, shared often at seminars, is that of a person who has constant challenges with money but disapproves of accumulating wealth, implying that it is dirty and that it spoils and changes people. Further, this person is uncomfortable with people in business who have more money and yet he or she can't succeed.

What should such a person do? Clearly this person is carrying around a mental image that says: "If you have much money, you'll be ruined by it and you don't want that. So, it is better to remain poor than seek wealth."

The consequence of such thinking is, not surprisingly, a lack of money. Get rid of these thoughts if you want to be wealthy someday.

The Law of Income says that wealth is first created in the mind.

A Wealthy Self-Image

People who can't imagine themselves wealthy are not yet mature enough to become wealthy.

Everything begins in the mind as a thought - life is a game that is directed from between your ears. If you can't "see" yourself with money, then your subconscious still doesn't have a clear picture of how to act and therefore cannot help you get there.

In fact, whatever picture you hold of yourself in your subconscious mind is the person your mind is busy ensuring you are. If your self-image is one of a poor person or someone "struggling to get ahead," then that is who you will be.

Make sure you create and nurse positive pictures of yourself.

Why You Are Not Wealthy Today

There are two reasons that you don't have as much money today as you desire:

1. You didn't think about or plan for today before it arrived. Had you been more aware, then, that you would always need money and acted on that awareness in the past, you would be wealthier today than you are right now. Why? Because, you would have intentionally saved money (perhaps even by making small sacrifices over the years) or invested money (even small amounts) and would therefore have more money today than you currently have.

Make a list of your expenses for one month; you'll quickly discover how many unnecessary things you buy and how much you could therefore set-aside for tomorrow. If you want to free yourself from financial troubles, then start putting a portion of your money into a special account.

2. The work you have now isn't bringing in enough money. There are many ways to increase, even maximize, the financial and non-monetary rewards you earn from your job.

Ridding Your Path of Obstacles

The unfavourable financial situation you are in usually comes from a very specific challenge. Those who do not have money have usually been taught to believe that money is dirty or that it can't be earned in an honest way. So how will you find your fortune, if your subconscious is being fed with things like, "All rich people are dishonest and I don't want to be like that."? What follows is clear...

Perhaps you believe that money changes, even spoils people. If you hold this to be true, wealth will elude you. You have to be clear about the following fact: "Money itself doesn't mean anything - it's just a piece of paper, a tool that can be used to trade for material goods."

Money is a "stand-in" for the things you want to buy. Does this mean that all the things you buy are bad and rotten? If that's true, why do people desire new cars? Imagine your job pays you "in cars" instead of money - would you say now that cars are bad and rotten?

http://www.mindpowernews.com/WhyNotWealthy.htm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 112011
Joined: Wed May 07, 2008 9:28 am

Re: Money 1 (Sep 08 - Jun 10)

Postby winston » Sun Jun 20, 2010 3:35 pm

Five Simple Ways to Trick Your Mind Into Attracting Wealth

Excerpt from 101 Great Ways to Improve Your Life

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 five steps which follow are designed for the complete beginner. You can start today, right now, to attract more prosperity in your life. Here are five ways to start immediately.

Five 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. Find a penny, pick it up.
In order to attract wealth into your life, your subsconscious mind must be open to the idea of wealth flowing to you. You must be open and receptive to money coming to you from any source whatsoever. This includes the pennies laying on the street.

If you pass a penny on the sidewalk, and your usual reaction is simply to ignore it because stooping down to pick up a penny is not worth the effort, you are telling your subconscious mind that you are not willing to put out effort for money. The amount of money makes no difference whatsoever. The subconscious mind doesn't distinguish between one penny and one million dollars. All it knows is how you feel.

Of course this manifests in many other ways as well. Whenever you do not accept a gift graciously, whenever you do not charge someone for work that you have done for them, or charge them way less than you should because you feel guilty, and whenever you sell a product for less than it is worth because you do not want to charge too much, you are generating the same emotions. So begin to be open to money, in whatever form, and begin to accept it's flow into your life, even if it's only a penny on the street.

How to use this principle today:
Simply go for a walk today and look for money. You are sure to find at least a penny somewhere. Pick it up and thank the universe for bringing money into your life. Let your subconscious mind know that you are open and willing to accept money from any source.

As well, apply this principle in your working life. If you have been undercharging for your services, raise your prices. If you are not earning what you feel you should, ask for a raise. And whenever anyone gives you anything, especially money, accept it graciously and give thanks.


4. 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!


5. 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. Five 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.

http://www.mindpowernews.com/TrickYourMind.htm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 112011
Joined: Wed May 07, 2008 9:28 am

Re: Money 1 (Sep 08 - Jun 10)

Postby winston » Sun Jun 20, 2010 3:43 pm

Money Power

By Alan Tutt
Creator of the Keys to Power System
Author of "Keys to Power Prosperity"


There are many different techniques for attracting money, but let me cover some of the most basic, the things that should be obvious, but many times aren't.

If you want more money than you have now, the money you want is now in someone else's possession. You want that other person (or many other people) to give you their money. Why should they do that? In other words, what makes you give someone the money you have?

Obviously, the only reason you give money to another person, especially someone you're not related to, is because they can do something for you that you value more than the money you have. Whether it is a product that they can give you possession of, or a service that you would enjoy having, the principle is the same.

Now, turn it around and think about what you can do for other people that they would value more than the money you would be asking for it. In the online world, the most profitable ventures are those that offer valuable information that cannot be found anywhere else. That's one reason that the Keys To Power website has succeeded so well. I try to give information and service that is worth at least 10 times what I ask for it.

But back to you and your ticket to wealth. What do people tend to compliment you for? What do you find so easy to do, or so interesting that you don't care if you get paid for it or not? What is the best contribution you can possibly make to the world? These are questions that will lead you to your most profitable career.

Okay, now that we've covered the practical side of the problem, now lets cover how we can use Power to amplify our effectiveness.

Here is a very simple technique that pulled me out of the deepest pits of poverty that I ever experienced (homelessness). I also use the same technique now, and it works great! This technique completely eradicates every obstacle in your path to financial freedom!

Get out into a natural environment. Release all tensions in your mind and body. Breathe in the joy of Spirit and the infinite abundance of the universe. Continue with this until you feel as if you own the whole world!

Even though this technique does not address our current situation, that is what gives it it's true Power. Many times our lack of prosperity is due to a belief that our situation is hopeless, or too difficult to change. By releasing it completely, you gain a whole new perspective and can approach solving your financial problems in a new way.

http://www.mindpowernews.com/MoneyPower.htm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 112011
Joined: Wed May 07, 2008 9:28 am

Re: Money 1 (Sep 08 - Jun 10)

Postby winston » Sun Jun 20, 2010 8:51 pm

Three Secrets That Can Manifest Wealth by Felicia Fillmore

It's been said many times in many ways: Positive thinking and firm belief can help you manifest wealth in many forms.

The basics of manifesting wealth in your life is examined in a pivotal book, “Think and Grow Rich” by Napoleon Hill.The book is an inspiration as it tells the stories of average folks, using persistence and powerfully positive thinking, who have managed to pull themselves from catastrophic financial and personal lives to achieve remarkable wealth of many kinds.

To manifest wealth in one's life, Hill guides us with some basic principles:

Developing a Burning Desire for Riches – Wishing and hoping isn't going to do it, though. The point is that you have to nurture a burning heart almost to the point of possession in order for wealth of any kind to find manifestation in you life.If anything, Hill is definitely specific.

What kind of wealth do you want? How much do you want? In what time frame? How do you plan to go about it? He wants you to list answers to each of those questions.When you've come up with the answers to those questions and have made your list, Hill wants you to read them aloud to yourself twice a day to instill these thoughts into the deepest recesses of your mind.

Develop Faith in Your Ability at Manifesting Wealth – There is a great saying, “Whatever the mind of man can conceive and believe, it can achieve.”FAITH! Faith is what Hill says you must have. To get the financially fecund life that you desire, you must have the deepest of feelings that it is coming to you.The universe is at your service, Hill asserts. It will grant you everything that you desire. That is the thinking meant to evolve by reading your list twice a day.

Act with Persistence Toward Your Goal – Acting with persistence towards your goal is the third guideline Hill offers.

In my observation, there is a broad distinction between wishers and hopers and those that seem to pull together anything they want; the difference is action. They act, they move, they make realities. It's easy, it's effortless. That is what taking action will feel like once you've developed your deep faith and unfailing expectations.

The 10,000 failures of Thomas Edison are part of his legend. He kept at it, knowing in his heart he was right and that it would happen, eventually,Look at him this way: Step One – he had a strong desire to create a source of light. He believed in himself – Step Two. Step Three – he kept plodding along in the face of many failures until he got to where he knew he could go.

“I think therefore I am.” Hills procedure is perhaps derived from that old saying. Once you are focused completely, if your faith in yourself is true, if you become full of determination, your goal will become a reality.

http://www.selfgrowth.com/articles/thre ... est-wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 112011
Joined: Wed May 07, 2008 9:28 am

Re: Money 1 (Sep 08 - Jun 10)

Postby helios » Sun Jun 20, 2010 9:24 pm

winston wrote:Three Secrets That Can Manifest Wealth by Felicia Fillmore

It's been said many times in many ways: Positive thinking and firm belief can help you manifest wealth in many forms.

The basics of manifesting wealth in your life is examined in a pivotal book, “Think and Grow Rich” by Napoleon Hill.The book is an inspiration as it tells the stories of average folks, using persistence and powerfully positive thinking, who have managed to pull themselves from catastrophic financial and personal lives to achieve remarkable wealth of many kinds.


OMG ... I've read the book!

A year ago, someone passed me this book ...
helios
Permanent Loafer
 
Posts: 3527
Joined: Wed May 07, 2008 8:30 am

Re: Money 1 (Sep 08 - Jun 10)

Postby Musicwhiz » Wed Jun 23, 2010 7:28 pm

Ok this is really confusing! First BCG said we had 11.4% of our population as "millionaires", but in this latest ST report it says we "only" have 81,000 millionaires! If we take a population of 4.5 million, 11.4% should have been about 513,000 millionaires (or 1 in 9); but the news report says BCG assumes about 125,000 millionaires only. If we work backward this means they assume Singapore's population is just 1.1 million?? :shock:

If we use the ST's number of 81,000 millionaires, this represents just 1.8% of our total population of 4.5 million! Hardly worth shouting about unlike in the BCG report which said 11.4%......

So, can anyone reconcile the numbers for me? Frustratingly confused by these two articles. :?

Jun 23, 2010
81,000 millionaires now

By Gabriel Chen & Fiona Chan

The report, released on Wednesday, showed that Singapore's number of millionaires rose 32.7 per cent from an estimated 61,000 in 2008. -- ST PHOTO: WANG HUI FEN

THE NUMBER of millionaires in Singapore has risen by one-third to 80,947, the latest study by Merrill Lynch Wealth Management and Capgemini SA has estimated.

This is thanks largely to rising property and stock prices in the past last year, and highlights that the drivers of wealth creation in Singapore are assets owned by the rich.

The report, released on Wednesday, showed that Singapore's number of millionaires rose 32.7 per cent from an estimated 61,000 in 2008. A millionaire is defined someone with net assets of at least US$1 million, excluding his main residence and everyday possessions.

The latest findings come on the heels of a recent Boston Consulting Group (BCG) study which showed that Singapore added millionaires at a faster rate than anywhere else in the world last year.

A total of 11.4 per cent of households here own more than US$1 million. This works out to around 125,000 millionaire households here at the end of last year, BCG said.

Observers say that the sharp rise is because the well-heeled here invested heavily in stocks and real estate, both of which suffered in the crisis but performed much better last year when economic conditions improved.
Please visit my value investing blog at http://sgmusicwhiz.blogspot.com
User avatar
Musicwhiz
Boss' Right Hand Person
 
Posts: 1239
Joined: Sat May 17, 2008 2:02 am

Re: Money 1 (Sep 08 - Jun 10)

Postby iam802 » Wed Jun 23, 2010 7:40 pm

I believe BCG uses 'millionaire household' which may be slightly different

The number of millionaire households increased to 11.2 million, according to the annual study released yesterday by the Boston-based firm. In 2008, the number of millionaire households fell about 14 percent to 9.8 million.

source: http://www.businessweek.com/news/2010-0 ... east-.html
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
User avatar
iam802
Big Boss
 
Posts: 5940
Joined: Wed May 07, 2008 1:14 am

Re: Money 1 (Sep 08 - Jun 10)

Postby winston » Wed Jun 23, 2010 8:36 pm

Musicwhiz: "If we work backward this means they assume Singapore's population is just 1.1 million?? "

Hmm.... we should exclude kids from the denominator when calculating the % of millionaires.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 112011
Joined: Wed May 07, 2008 9:28 am

Re: Money 1 (Sep 08 - Jun 10)

Postby iam802 » Wed Jun 23, 2010 8:45 pm

winston wrote:Musicwhiz: "If we work backward this means they assume Singapore's population is just 1.1 million?? "

Hmm.... we should exclude kids from the denominator when calculating the % of millionaires.


Err, but there are some kids who are millionaires.
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
User avatar
iam802
Big Boss
 
Posts: 5940
Joined: Wed May 07, 2008 1:14 am

PreviousNext

Return to Other Investment Instruments & Ideas

Who is online

Users browsing this forum: No registered users and 28 guests

cron