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Posts Tagged ‘finances’

Read the First Two Chapters of The Wealth Singularity for Free

February 26th, 2010

As a limited time promotion, we are giving away the first two chapters of The Wealth Singularity for free. What is the Wealth Singularity?

We believe that technology accelerating at an ever increasing pace. But that is not all that is changing. New technology is used throughout the world to make money, for both individuals and corporations.

How will Artificial Intelligence revolutionize the investing game? How are blogs, Twitter and Facebook revolutionizing the Internet? How can you achieve financial freedom without wasting a lifetime in a cubicle?

These are important questions that are answered in this eBook.

Why get left behind as other people and businesses are using new technology to cash in?

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Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Great Books, Internet, Investing, Money, Online Investing AI, Success , , , , , , ,

The Zen Of Personal Finance: Five Zen Precepts For Money Management

September 21st, 2009
WindRiver@Flcikr

WindRiver@Flickr

People in the world cannot identify their own mind. They believe that what they see, or hear, or feel, or know, is mind. They are blocked, and so cannot see the brilliant spirit of their original mind.
–Huang-po.

Most people tend to see the worlds of spirituality and finances as completely separate.  Most also tend to think that the skills of a spiritual master are different from the skills of a master of personal finance.

We can argue about the first theory, but the second is demonstrably false. Both spiritual and financial masters use similar skills. A Zen master might even learn from an investor or trader. And you can put a little Zen in your financial matters.

Success in personal finance all boils down to the mind and its perceptions.

As Huang-po would say, it’s a mental thing. Here’s a little advice from zen masters that you can use in your own personal financial endeavors.

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

The Rise and Fall of America

August 29th, 2009

America is the best country in the world. For the last 200 years, everyone wanted to come to America. In America, we have freedom and opportunity available on an unlimited basis. Unfortunately, I fear the end is near.

What could bring down such a great country?

national-debt-clock

Fiscal Mismanagement

Over the last 50 years America has racked up an incredible amount of debt. And, it is predicted to double in the next 10 years. Since those are government statistics, they are probably not very accurate. Let’s say 5 – 10 years. Don’t believe me? Check this.

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Investing, Money, Success, US Economy , , , , , , , ,

Why People Get Fat On Diets And Get Poor On Budgets

August 1st, 2009
Creative Commons image--malias

Creative Commons image--malias

A friend of mine, who told me recently that he was budgeting his money, said he just went crazy.

Standing in a sea of new boxes from QVC, he told me that he made it through the month tightly following a money plan and then–with two days remaining in his monthly plan–called the home shopping station and, from the looks of things, emptied their warehouse.

And now the guilt settled in.

Budgets, for many people, work well. But, these are folks who have a budget mentality. In a Catch 22, they’re people who can probably live without these spending plans. They’re naturals.

Those who disparately need to control their spending are a lot like dieters who look at their menus as salvation from their eating patterns. This phenomena leaves dieters fat, and spenders poor. Here are a few reasons why:

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Investing, Money, Online Investing AI, Success , , , , , , , ,

The Debt Curve vs. the Wealth Curve

July 8th, 2009

Most people are familiar with the dangers of the debt curve. As we borrow more money, the interest costs us more and more. We in turn borrow more, and the vicious cycle continutes. Sound familiar? It’s the foundation of the credit card industry as well as the federal budget.

exponential-curveIt’s a vicious cycle because the problem gets worse as time goes on. Instead of solving the problem, we just put it off until tomorrow. The danger is that tomorrow the problem is a little bit bigger. And then it gets pushed off again.

The good news is that the power of exponential growth goes both ways. Our debt can increase exponentially, but so can our wealth. How? Through investing. Instead of paying 5% or 10% or 20% annual interest on our debt, we can get paid 5% or 10% or 20% on our assets.

Impossible?

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Investing, Money, Success , , , , , , ,

Can Obama Save the Economy?

July 2nd, 2009

As the stock markets have made a big rebound, some people think that we are out of the woods. Has Obama’s massive plan averted financial disaster?

coming-financial-crisis

I think that it is way too early to tell. The fact that the markets have come back to nearly previous high levels is a great sign. The problem is that nothing has changed fundamentally in the economy. Unemployment is still high, and there is no reason that it will come down in the near future. Domestic automakers are finished, but the American people are left holding the bag. Demand for goods and services is not rising, and businesses have little ability to grow in the near future. Housing prices are falling, and I don’t think Obama’s plan will be enough to keep them from continuing to fall.

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Accelerating Technology, Dreams Come True, Investing, Money, Success, US Economy , , , , ,

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?

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

Set Yourself Up to Win – Financially

June 16th, 2009

After reading this great post from Bible Money Matters, it got me thinking. The author of the post is crazy about electronics, and finally decided he isn’t going to spend a ton of money on them any more. But he is inundated with info about electronics all day long. How can he manage his desire?

His solution is to remove all the info. Changing his homepage from the electronics gizmo deal site. Removing the electronics blogs from his blog reader. Etc.

set-to-win-financiallySo, that made me think about how he is setting himself up for financial success. Instead of just consuming all the information and then trying to avoid buying, he is eliminating the desire in the first place.

What can we do to set ourselves up for financial success?

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

How To Create A Financial Freedom Manifesto

June 8th, 2009

shipThe problem most people face with wealth creation is they don’t have a plan. They might not even know what it means.

Would we take a drive without a destination?

Would we hike in the wilderness without a compass?

Would we put together an appliance without directions?(Obviously, if you’re a guy, you answered “hell, yeah” to the last one, right?)

Why would we try to start creating wealth if we didn’t know where we were heading?  Even though we are committed to developing automated trading systems as wealth GPS systems,  this is only one facet of a plan to not just make money, but create wealth.  “How” you create wealth is only one aspect of financial freedom. I recommend creating a plan that tells you:

How you’ll get there.

  • How you’ll know when you get there.
  • What you’ll do when you’re there.

I call this a Financial Freedom Manifesto.

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

Top Investing Mistake #11: Not Deciding to be Rich

May 14th, 2009

Many people think that they want to have more money. They save a bit here, invest a bit there. They think about buying a new car or going on vacation. Although these are thoughts and actions are OK, they will not have a major impact on our financial future.

decide-to-be-rich

One thing that we can do to improve our financial future is to decide to become rich. Some people don’t like the term rich, so you can choose financially free or office cubicle prison escapee. It doesn’t matter what you call it. It just matters that we decide, once and every day, that we are going to have enough money. Enough money to buy that new car. Enough money to go on that vacation. Enough money to never work in a job that we hate again. Enough money to help the homeless. Enough money to help our friends and family. Enough money to achieve all of our dreams.

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