Old Ways New Styles.
Thursday, Dec 11, 2008 at 7:25 AM (Public Entry)
"What's Old Is Now New."
The Old Ways - you know, the ways in which your grand parents told you their grand parents did things.
The way they worked their tails off; they way they saved their money; the way they kept their resources in working order; the ways they taught their kids to conserve and learn what they knew...
Hey, this is really all New again!
There's nothing like a good old fashioned scare like the great recession if not depression to start all that again.
Not to be mean, but just pointing out the skills or survival lost during good times that need to be learnt again during the bad.
Financial Freedom Is A Life Style.
Wednesday, Dec 10, 2008 at 3:05 AM (Public Entry)
Longing for the oh, so unachievable Financial Freedom need not be so.
The very first thing you need to understand is that gaining the status of a financially free person is a life style choice.
Financial Independence is indeed very much achievable. There are people who have been quietly making things work their way.
You'll find them organizing their asset structure in such a way that their income is gradually increasing and their taxes are being minimized significantly.
Want to read more about it? First, you can sign up for a free membership here and make use of our downloads and articles with this link:
http://www.ancientworldsecrets.com/site.php/regi/new_user/
Wealth Building : Media Buzz Versus Facts
Monday, Sep 8, 2008 at 10:48 PM (Public Entry)
Wealth Building : Media Buzz Versus Facts
The biggest buzz today is the great ‘R’ word, Recession. Others have been citing slowdowns in many parts of the world. Whispers in the dark aisles hushed whispers of the even more dreaded Depression lingers. Why?
Let’s take a peek at the big two economies, USA and China.
The US is still fighting their internal mortgage meltdown caused by an even greater housing market crisis. It is election time, their super expenditures for their oil wars and the resulting record deficits make everyone shudder. I’m not even talking about the total bill here which will amount to Trillions of dollars but the current deficit is still cold comfort projected to be about $410 Billion for fiscal 2008. Even that is a highly optimistic figure in many circles. Approaching $600 Billion is more likely if the economic watchers are to be believed.
Savvy investors have been touting the great China stock market declines, losing about half its earlier value. Inflation had been running very much higher than expected or wanted for over a year.
Just the 2 paragraphs above alone will make most economists shiver. But often, the news in the popular media tends to be very much skewed towards sensationalism first.
Again, this causes people to react within the stock market, Forex markets or even their investment choices. But later, any “blip” in the markets simply cause more of a correction as the news is found to be not entirely bad with many other factors seemingly to balance the stated problems initially.
Is this the sure sign all things financial are headed underground?
See for yourself what I mean when you add the following, again about the 2 super economies.
(USA) Now, the Bush administration is pounding out their much vaunted and also decried mortgage aid bailout package to save the American banking industry and homeowners’ bacon.
(China) China's revenue in the first four months hit 406.5 billion Yuan, surging 22.8 percent on an annual basis, while its expenditure grew 31.2 percent to 346.4 billion Yuan, leaving a surplus of 60.1 billion Yuan. (The Yuan is about 1/7th of a US Dollar.) Remember the figures are only as a surplus and not the entire GDP.
Now, what a change in the picture isn’t it? In fact, I know of a number of people that are already greedily rubbing their hands in glee as they ready themselves to play predator and go straight for the bargains.
In fact, I’d advice you to do the same but with one over riding caveat. This is Do Your Due Diligence! Don’t rush in blindly and acquire everything that seems like gold. Remember that all that glitters s not gold? In fact, you may actually pick up rotten eggs – a bad yolk looks as good as a good one until you eat it.
The purposing of this article is very simple.
Don’t simply read a potion of what is presented before you to make your end all and be all assumptions. If you had, you’d have been on the short side of the market when you really should have been on the long side.
Wealth Building
Monday, Aug 25, 2008 at 12:19 PM (Public Entry)
Wealth Building
During a recession, wealth building becomes everybody's favourite past time. Why? Well, they're forced to. As simple as that. The wealthy people, the true wealth builders do it all the time.
Unfortunately, this is the absolute opposite of what one is supposed to do. Most people - like 97 % of the population will more than likely be fishing or taking holiday during times of plenty. They spend little or no time in wealth creation for themselves or their families.
Making money just to satisfy their moment of need is sufficient. And that's their main problem - satisfying a current need and then doing little more than wishful thinking for the future. But they are more likely than not to consider get rich quick schemes and then getting dreadfully burnt financially.
Well, no need to preach - I'm just mulling over the recessions and really tough times I've lived through. Being prepared is the best course of action. But what of the people that find themselves on the wrong side of poverty even if it's not for lack of preparedness?
Well, the next best thing is in having all the tools and knowledge at your disposal to create wealth. Be totally prepared to do so: train yourself, learn what you need, teach your family, be indispensible to your community. There are a myriad of ways to rebuild again - once you know how.
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Wealth Building
Monday, Aug 25, 2008 at 2:59 AM (Public Entry)
The focus on wealth building only happens when the recession hits. This is unfortunate because people will only focus on the current need of the moment.
There's a very crude saying in the far east that goes something like this.
Often a person only looks to build a toilet when one is needed in an emergency.
So it is with wealth building or in this case, to make money or to make money fast because, you need it NOW!
But that is not how wealth is made. It has to be built over and over again. Creating wealth is a long term program that you do for yourself, your family and your community.
Again, it is unfortunate, due to lack of focus, lack of mentorship, lack of courage, lack of foresight and whatever reason for your lack, it ends with the lack of wealth and money. Misery rules the day or more appropriately, your life if that happens.
So what can you do? The answer is very simple but really very hard to accomplish. It will take many years of continuous effort. Very simply make it a life plan for success in wealth building.
How do you start? Pick up a program from one of the better teachers or gurus out there and begin. For the rest of your life, continue to educate yourself this way until you gain financial independence. Even then, keep up with your wealth building momentum. You'll be thankful you did.
Many people ask for a way to speed up the process and ask how that can be achieved. The answer lies in finding and really paying for a mentorship program. Of course, if you are able, find a mentor that will help you personally.
But a word of very strong advice - honour your mentor. Be respectful of his/her wisdom, otherwise withdraw from that program.
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