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Posts Tagged ‘abundance’

The Financial Secrets of an Abundant Mind

April 5th, 2010

“All that we are is the result of what we have thought. The mind is everything. What we think we become.”
Prince Gautama Siddharta, the founder of Buddhism, 563-483 B.C.

Pic by BlatantNews @ Flickr

I’m not a great gardener. But one thing I’ve learned is that if you want to create long-lasting change in your garden or lawn, you have to go below the surface. You have to dig deep into the roots where the problems and opportunities lie.

If the roots of a weed are not plucked out, the plant will grow back. Likewise, if the roots of the flower or grass seed do not receive the nourishment of fertilizer and water, they will wither away.

If we can take this analogy to your personal financial picture, what is the root of your money challenges–and opportunities?
It could be how you see or perceive things. Is the layoff a challenge, or an opportunity to shed a job that is going nowhere?
When you see people who do have financial success, are you jealous of their success, and perhaps feel hopeless that you can’t achieve the same?
How do you feel about limits? What kinds of constraints do you place on how much you earn–or how much you think you can earn?

Dreams Come True, Investing, Money, Online Investing AI, Success , , , , ,

Greed Is For Losers

December 22nd, 2009
 www.photos8.com @ Flickr

www.photos8.com @ Flickr

You can’t discount rational thought and hard financial figures, but lets face it: emotions and desires create and drive our markets–from baseball card auctions to exotic derivatives.

Even those economic numbers that we all say we monitor are filtered through the lens of emotions.

Of the emotional factors, greed and fear are the greatest contributors–or detractors, as the case may be–to moving the market. Greed can cause booms and bubbles. Fear can cause busts and depressions.

But, when you analyze your trading motivations closely, you might be surprised. Greed is just a twist on fear.

Read more…

Automated Trading, Investing, Money, Online Investing AI, Success, US Economy , , , , , ,

In Search Of Investing’s Holy Grail

October 20th, 2009
Pic from Risager@Flickr

Pic from Risager@Flickr

Thanks to Indiana Jones, the Da Vinci Code, and, of course, Monty Python, we’re pretty familiar with the Holy Grail. (Apologies to my medieval studies friends out there, who have known of the Grail legends for years.)

The Holy Grail, some say, is a vessel of such divine power that it can, among other miracles, quench any thirst–or desire.

Investors over the years have looked for a financial Holy Grail with just as much ardor as the Knights of the Round Table. And, while winning systems have been found, the quest for the Grail continues. According to many experts, the best advice is: quit looking. The search is more Monty Python and less Indiana Jones.

That’s what Michael Covel, the Turtle Trader, thinks about the trading Holy Grail.

Traders and investors have always dreamed of magical formulas or Holy Grails enabling them to beat the market and reap huge profits, but pursuing grails only ends in disaster, skeptics warn.

But, just when you think all is lost, there’s a tantalizing clue to lead you to Investing’s most sacred relic…

Read more…

Accelerating Technology, Automated Trading, Investing, Money, Online Investing AI, Success, US Economy , , , , ,

Automated Trading and Dreams

July 16th, 2009

What would happen if people could have their money work so hard for them that they never needed to work again? Our dream is that everyone in the world can live this scenario. We are firm believers that Automated Trading will revolutionize the investment industry as well as the world. And make it possible for everyone to invest their money with higher returns and lower risk.

How will this affect the world?

Read more…

Automated Trading, Dreams Come True, Investing, Success , , , , , , , , ,

Why is Scarcity so Popular?

June 24th, 2009

After a recent post about abundance, I started thinking. Abundance is so attractive and it is such a powerful way of thinking, but why is scarcity so common? Maybe I’m wrong, but it seems that there are a lot more people who believe in scarcity than believe in abundance. And this is even after The Secret became popular.

scarcity

Why would anyone choose scarcity over abundance?

Read more…

Business Strategy, Dreams Come True, Money, Success , , , , , , ,

Why Abundance?

June 20th, 2009

After watching The Secret, it really made me think about how we attract things into our lives, and how our beliefs create our world. It sounds stupid and metaphysical, but I really believe it’s true. It applies to every aspect of our lives, including money.

belief-in-abundance

Many people go through life penny pinching and believing that there is not enough money available for them. And, since there is not enough for them, they don’t even think about anyone else. I suppose that there is not enough money for other people as well. At least in this scarcity paradigm.

In contrast, there is the opposite point of view: that money is available in abundance, and we can have as much as we want. We don’t have to lie, cheat, or steal to get it.

Why is there so much criticism about The Secret?

Read more…

Dreams Come True, Money, Success , , , , , , , ,

Trading Success Secrets: Overdosing on Opinions

June 11th, 2009

What’s the one thing that’s free, found in ready abundance, doesn’t need to be mined or manufactured, and is happily lent and offered?

An opinion.

Opinions are omnipresent for traders. You can check out CNBC and Fox Business. You can read the Investor’s Business Daily or check out the Wall Street Journal.

Then there’s blogs… I write that hypocritically.

Being connected to so much information and opinion is a good thing, right? It’s part of the whole Singularity where everything will be composed of information, right?

Read more…

Internet, Investing, Money, Online Investing AI , , , , , , , , , , , ,

Abundance or Frugality: Which is Better?

June 10th, 2009

frugalityThere have been some trends in the last few years that are really fascinating. One big one is the book and movie The Secret. The idea that we can create anything we want is becoming more and more popular. In addition, the concept that money and everything else we could ever want is available in infinite abundance is very appealing.

Another trend that is very prominent in blogs is the practice of frugality and living below our means. For many of the blogs I read, it seems that the most popular posts are about how to save money. Here’s a recent one that was very well read about how to make your own laundry detergent. The cost savings? If you do 1 load a week, 16 cents. That begs an important question:

Is 16 cents really going to make a difference in anyone’s life?

Read more…

Internet, Money, Success , , , , , , , ,

Top Investing Mistake #1: Not Having the Right Mindset

April 29th, 2009

Most people who start out investing are interested in learning about specific strategies. They learn about the details of rates of return, and the differences between mutual funds and buying individual stocks. They find out about the requirements for getting a mortgage, and how to deal with the issues related to rental property.

There is one small challenge to this approach. Before we can succeed with any of these individual strategies we have to have the right mindset. It’s like planning a long road trip before making sure our car will make it. Before we get in our car and start driving, we need to make sure that there is enough oil and coolant, and that the brakes are OK. We wouldn’t want to get stuck in the middle of the desert because there wasn’t enough coolant.

Yet this is exactly what most people do when they start investing. Without having the right mindset, we just start out by buying stocks or mutual funds. The problem is that our mindset is the ultimate source of all of our decisions. We will not be able to successfully make investment decisions until we set our brains up for financial success.

Read more…

Great Books, Investing, Money, Success , , , , , , , ,

How will Automated Trading Change the World?

March 26th, 2009

The automated Trading revolution is just beginning. Most people are totally unaware of how it works and what it can do for them. Here are some predictions about how Automated Trading will improve our lives.

Investing will Become Safer
For most people, investing is a risky and uncertain activity. At best, they are subject to the ups and downs of the market. The best advice they can get is “Invest for the long term.” Indeed, many investors have seen their retirement portfolios decimated in the recent market downturn. Automated Trading will allow investors to receive a much more consistent return and allow them to feel more comfortable.

In addition, investors using Automated Trading systems can control their own accounts. This will prevent their funds from being stolen by by thieves like Bernie Madoff. Since fraud is one of the major risks of investing, reducing this risk will make it much safer. Read more…

Automated Trading, Dreams Come True, Investing, Money , , , , , , , ,