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After Fifteen Years or More of Frustration With Internet Marketing, I Think I've Found It!
Hello Internet junkies and friends,
Did I mention my frustration with online marketing and the years it took me to get where I am today?
Did I mention I've found the right solution and the benefits included for you, and I, and the whole...
Benefits of Article Writing for your Home Business
Benefits of Article Writing for your Home Business Copyright © Ian Canaway Once you learn the benefits of article writing, you may want to open a home business based on your writing skills. The road to riches may be yours when you identify the...
DO THINGS RIGHT OR DO THE RIGHTS THINGS?
DO THINGS RIGHT OR DO THE RIGHT THINGS? There’s a difference between doing things right and doing the right things. Which do you think is most important? Is it more important in your homesbased internet business to make sure you do things right or...
Do You Know How to Buy and Read eBooks!
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Real Estate Lease Option Break Through!
One of today's most profitable real estate investing tactics is
using a combination of leases and options. Here's how it works:
You are an investor who buys and sells rental homes for profit.
There are many ways to negotiate the purchase of a...
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How To Become A Millionaire In 7 Easy Steps
Who wants to be a millionaire?
Well if you want that million dollars, perhaps you'll get lucky enough to land a spot on ABC's popular game show bearing that name. Simply give the right answer to all the questions and you'll walk away with the million dollar prize.
Or, you could get on a hot streak, pick the right 7 numbers and win the lottery. But unfortunately your chances of winning are 1 in 22 million.....so we'd better forget that.
But maybe you know about this incredible get rich quick plan where you don't have to do much of anything, simply join up free, then in a year or so, you'll be the Net's newest millionaire. Well, if that plan has worked for you....please write me ASAP! :-)
But for all the rest of us, we need some practical advice on what will really make us our fortune.
Making money is easy. There are mathematical laws that govern how money will work for you over time, reaping greater and greater rewards. These laws are laid out in detail in the book, "The Working Life Of A Dollar."
Here's what you need to do:
1. Write down your present monthly income and expenses. Next, see where you might be wasting money on foolish items. Where can you cut expenses and use that money for your future. Plan a monthly budget, and stick to it.
2. Get out of debt. Just as money compounds interest going up, it also drains money out of your pocket when you pay out interest. Only make purchases on your credit cards when you have the cash in hand to cover the expense. If you have a habit of over spending every month, cut your cards up!
3. Always pay yourself first. A minimum of 10% of your monthly income should be reserved for your future. The more you can pay yourself, the quicker your financial goals will be met.
4. Give a portion of your earnings to help others less fortunate.
Just as the mathematical laws governing the compounding of interest are unbreakable, this is a Spiritual law that is unbreakable.
You must be willing to freely give before you can rightfully expect something to come back to you.
5. Pick a proven investment vehicle to place your money. The easiest investment is to pick a top performing diversified domestic growth mutual fund. Your fund should have averaged a rate of return of at least 20% over the last 3 to 5 years.
Spend $1.00 and pick up a copy of the Investor's Business Daily newspaper. Every day they publish a mutual funds table. Only choose a fund that is A rated or better.
6. Invest monthly into this fund and reinvest all dividends. Many people do not have the discipline to save money every month. If this is the case, choose the option to have money automatically deducted from your paycheck or checking account.
7. Don't panic. Understand there are business cycles and market cycles. Bear markets typically last from 9 months to 2 years.
Buy as many shares of your fund as possible during Bear markets.
Big returns are always made by sitting through several market cycles. To get these returns you must have the patience and belief to sit tight and add to your holdings during down market cycles.
That's it! Simple and easy to do. Now all you have to do is get started.
We have put up a special Web page for you that will explain all about funds and exactly how to pick the right fund for your objectives.
http://www.choosetoprosper.com/mutual_funds.html
1. Write down your monthly income and expenses. 2. Get out of debt. 3. Always pay yourself first. 4. Give to help others. 5. Pick a quality diversified, domestic growth mutual fund. 6. Invest in it regularly. 7. Don't panic.
If you would like an experienced investor to assist in planning your financial future, or need a hand in choosing the right fund for your investment objectives.....
About the Author
Dave Cole Editor/Publisher Prosperity: The Choice Is Yours Copyright © 2001 http://choosetoprosper.com
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