Saturday, June 17, 2006

FOREX 101: Make Money with Currency Trading

For those unfamiliar with the term, FOREX (FOReign EXchange market), refers to an international exchange market where currencies are bought and sold. The Foreign Exchange Market that we see today began in the 1970's, when free exchange rates and floating currencies were introduced. In such an environment only participants in the market determine the price of one currency against another, based upon supply and demand for that currency.

FOREX is a somewhat unique market for a number of reasons. Firstly, it is one of the few markets in which it can be said with very few qualifications that it is free of external controls and that it cannot be manipulated. It is also the largest liquid financial market, with trade reaching between 1 and 1.5 trillion US dollars a day. With this much money moving this fast, it is clear why a single investor would find it near impossible to significantly affect the price of a major currency. Furthermore, the liquidity of the market means that unlike some rarely traded stock, traders are able to open and close positions within a few seconds as there are always willing buyers and sellers.

Another somewhat unique characteristic of the FOREX money market is the variance of its participants. Investors find a number of reasons for entering the market, some as longer term hedge investors, while others utilize massive credit lines to seek large short term gains. Interestingly, unlike blue-chip stocks, which are usually most attractive only to the long term investor, the combination of rather constant but small daily fluctuations in currency prices, create an environment which attracts investors with a broad range of strategies.

How FOREX Works

Transactions in foreign currencies are not centralized on an exchange, unlike say the NYSE, and thus take place all over the world via telecommunications. Trade is open 24 hours a day from Sunday afternoon until Friday afternoon (00:00 GMT on Monday to 10:00 pm GMT on Friday). In almost every time zone around the world, there are dealers who will quote all major currencies. After deciding what currency the investor would like to purchase, he or she does so via one of these dealers (some of which can be found online). It is quite common practice for investors to speculate on currency prices by getting a credit line (which are available to those with capital as small as $500), and vastly increase their potential gains and losses. This is called marginal trading.

Marginal Trading

Marginal trading is simply the term used for trading with borrowed capital. It is appealing because of the fact that in FOREX investments can be made without a real money supply. This allows investors to invest much more money with fewer money transfer costs, and open bigger positions with a much smaller amount of actual capital. Thus, one can conduct relatively large transactions, very quickly and cheaply, with a small amount of initial capital. Marginal trading in an exchange market is quantified in lots. The term "lot" refers to approximately $100,000, an amount which can be obtained by putting up as little as 0.5% or $500.

EXAMPLE: You believe that signals in the market are indicating that the British Pound will go up against the US Dollar. You open 1 lot for buying the Pound with a 1% margin at the price of 1.49889 and wait for the exchange rate to climb. At some point in the future, your predictions come true and you decide to sell. You close the position at 1.5050 and earn 61 pips or about $405. Thus, on an initial capital investment of $1,000, you have made over 40% in profits. (Just as an example of how exchange rates change in the course of a day, an average daily change of the Euro (in Dollars) is about 70 to 100 pips.)

When you decide to close a position, the deposit sum that you originally made is returned to you and a calculation of your profits or losses is done. This profit or loss is then credited to your account.

Investment Strategies: Technical Analysis and Fundamental Analysis

The two fundamental strategies in investing in FOREX are Technical Analysis or Fundamental Analysis. Most small and medium sized investors in financial markets use Technical Analysis. This technique stems from the assumption that all information about the market and a particular currency's future fluctuations is found in the price chain. That is to say, that all factors which have an effect on the price have already been considered by the market and are thus reflected in the price. Essentially then, what this type of investor does is base his/her investments upon three fundamental suppositions. These are: that the movement of the market considers all factors, that the movement of prices is purposeful and directly tied to these events, and that history repeats itself. Someone utilizing technical analysis looks at the highest and lowest prices of a currency, the prices of opening and closing, and the volume of transactions. This investor does not try to outsmart the market, or even predict major long term trends, but simply looks at what has happened to that currency in the recent past, and predicts that the small fluctuations will generally continue just as they have before.

A Fundamental Analysis is one which analyzes the current situations in the country of the currency, including such things as its economy, its political situation, and other related rumors. By the numbers, a country's economy depends on a number of quantifiable measurements such as its Central Bank's interest rate, the national unemployment level, tax policy and the rate of inflation. An investor can also anticipate that less quantifiable occurrences, such as political unrest or transition will also have an effect on the market. Before basing all predictions on the factors alone, however, it is important to remember that investors must also keep in mind the expectations and anticipations of market participants. For just as in any stock market, the value of a currency is also based in large part on perceptions of and anticipations about that currency, not solely on its reality.

Make Money with Currency Trading on FOREX

FOREX investing is one of the most potentially rewarding types of investments available. While certainly the risk is great, the ability to conduct marginal trading on FOREX means that potential profits are enormous relative to initial capital investments. Another benefit of FOREX is that its size prevents almost all attempts by others to influence the market for their own gain. So that when investing in foreign currency markets one can feel quite confident that the investment he or she is making has the same opportunity for profit as other investors throughout the world. While investing in FOREX short term requires a certain degree of diligence, investors who utilize a technical analysis can feel relatively confident that their own ability to read the daily fluctuations of the currency market are sufficiently adequate to give them the knowledge necessary to make informed investments.

About The Author

Rich McIver is a contributing writer for The Forex Blog: Currency Trading News ( ).

Success, Money and Prosperity

Life becomes an incredible feast of powerful experiences when you recognize all the incredible gifts, which surround you. You can have access to as much success, money and prosperity as you can imagine and allow into your life.

A major key to achieving the success, money and prosperity you desire in life is the ability to think creatively. Once you develop the ability to think creatively, you will have a great amount of wisdom and experience available to you, through the brilliant minds you are able to access, as well as your own.

A powerful way to place yourself on the path of creating success is to examine, your beliefs and attitudes towards money and abundance. What kinds of clich├ęs have you been taught and have adopted into your life? Have you been taught that money doesn’t grow on trees, is hard to get, that rich people are filthy, and so on?

The first step you need to take in the creation of abundance is to become friendly with money, to feel good, powerful and abundant with regards to money You can do this by picking up money, looking at it, allowing yourself to relax and saying to it statements such as, I like you, I invite you into my life. Initially you may feel very strange about talking to a coin or a piece of paper. However, the attitudes and thoughts you send out have a lot to do with your energy, which will either attract money or repel it.

As a child I spent my first nine years in Russia, where poverty consciousness was rife, and people considered money to be something only crooks had. Decent people could hardly survive, so there was always a limitation of what people could have. This had a big influence on me in my teenage years, and early twenties, when I moved out of home. I would worry about having enough to survive each week. When I became pregnant and had my first child at 21, some people would look at me as if I was a lost cause and would always struggle.

At that point I decided that I wanted to be abundant. Then I began to affirm and notice the abundance I already had. I would walk into a park and think, ‘Wow how abundant am I to be able to sit in this beautiful park and smell the trees.” I would recognize that I was in an amazing country and I could have access to as many books, information and opportunities as I would allow myself. I started valuing myself, my family, friends, my talents and abilities.

I also decided to become friends with money, so everyday, I would look at a twenty dollar note or a fifty dollar note and talk to it. I would say how much I appreciated it, that I would like to pass it on, and I would also love it if it came back to me ten fold, or when I was particularly daring, one-thousand-fold. After a while I began to feel more comfortable with money, having it, using it, and sharing it.

When people pay me for my services as a healer, speaker, workshop presenter or author, I ask them to bless the money and then ask that it is returned to them in abundance. It is amazing to see the pleasure and the relaxation with which the money is usually given to me.

We do not have to live our lives with the limiting beliefs that our ancestors have lived with. If this is not the time to allow more prosperity in, then when is? Rather then having money control your life, allow yourself to learn how to play with it.

It is important to recognize that we have the ability to manifest great things in our lives as well as challenging and unpleasant experiences. It is interesting to note that it actually takes more energy to manifest what we don’t want, than what we would like. When you create what you don’t want, you lose energy and feel weakened, while when you create what you do want you feel pleasure and increase your energy.

A great affirmation to use is; “I manifest abundance with ease, grace and joy.”

Part of creating a life of prosperity is knowing what you would love and then going for it. Too often people have an intention of something they would like to create and then settle for something less just because it is easier.

*Amanda, attended a workshop I ran, because she wanted to learn how to be more grounded and manifest greater things. She was a single mother of two little children and she needed a job. I asked Amanda to tell me about the kind of job she would like. She told me that she wanted to work in a company that cared about the environment and children, she wanted a sales position with all the perks of having a company car, good salary, computer, flexible hours, occasional travel and fun. She also told me that she needed to find this job within one month.

I ran some processes by her and she participated in all the course exercises. I thought that Amanda was on the right track. She had a clear intention of what she wanted and the willingness to go after it. Amanda was also willing to create the feeling she had already achieved her goal. Now she just needed to have trust and be open to divine inspiration.

During the month Amanda went to a few job interviews and received some offers. However, none of the jobs fitted her requirements. At the same time she was getting a bit desperate as time and money was running out. Fortunately, Amanda made a promise to herself that she was not going to settle and accept second best. She had done it too many times in her life before and this was going to be different.

A week before her one months deadline was coming to an end, Amanda was driving home from another disappointing job interview, when she asked herself, ‘What would be the best company I could work for?’ Not really expecting an answer Amanda kept driving when suddenly a name of a company entered her mind. ‘It would be great to work for them’, she thought, “I’ll call the company as soon as I get home.” Then her intuition told her, ‘CALL NOW!’

Amanda stopped on the side of the road, found the company number and called. To her amazement the owner of the company picked up the phone and told her that she was just in a meeting, talking to her partners about expanding and getting a new sales person.

They set up a meeting and Amanda got her dream job. Interestingly, Amada told me that after that time she had never been able to get straight onto the owner.

If you are thinking that this is unusual, then you are limiting your own powerful manifestation abilities.

The following exercise can help you to manifest more abundance into your life:

  1. Relax. Take a few deep breaths and release any tension in your muscles.
  2. Think of something you would like to have. Begin with something simple. Then say to yourself, ‘Divine Intelligence of the Universe, I'd like to order (place you wish).' If you have a time-frame it can be helpful to state it.
  3. To finish say, 'Thank you!' and let it go.
  4. Trust that you have been heard and that your desire will materialize soon.

It is important to note that your ability to let go and enjoy life right now will play an important role in how fast you receive your order. Remember, when you send a letter to someone you trust that the post office knows what to do and that the person you are sending the letter to will receive it. You don't call the post office every half-an-hour. If you have that much faith in the postal system, place the same trust in the intelligence of the universe. The less expectations you attach the quicker you will receive.

To help people achieve their aims I have created a powerful manifestation CD, titled Success, Money and Prosperity. This contains some very in-depth processes, which have created wonders for myself and my healing clients.

*Emily was another workshop participant, who wanted to expand her manifestation abilities. She participated in an experiment of using the above mentioned exercise in order to test it. Emily gave a twenty dollar note to another participant, blessed it, closed her eyes, relaxed and asked the money to return to her ten fold within one week.

The following week I received an e-mail from her stating that she unexpectedly received $2000 from a family member who had previously never given her money.

After hearing some of the abundance exercises Anna*, (a former client) went and opened a savings bank account. Even thought she did not have any savings yet. Within two days she received and unexpected phone call from her employer telling her that she was getting an $800 bonus.

There are many exercises and ways to manifest abundance. It is important to ask, to be clear, trusting and grateful. The process for manifesting is very simple and enjoyable. All you have to do is be open to using it.

About The Author

Inna Segal is the creator of Inner Kiss™ Healing and Visionary Intuitive Healing™.

She conducts face to face, distance healings and workshops. She also created amazing CD’s for self healing, wealth, success, happiness, wellbeing and confidence. Inna is a highly sought after healer, writer and speaker who has appeared on National TV and media. For more information visit or e-mail

The 12 Rules of How to Avoid Losing and Start Making Money from the Stock Market

The 12 Rules of How to Avoid Losing and Start Making Money from the Stock Market


Make more money, this is the answer to most people.

If your reason is to make more money, then ask yourself these three questions:

1. Is your strategy making money?

2. Is your strategy safe?

3. How to increase the profit and minimize the risk?


Let say we invest some lower price stocks with just $1,000 in the stock market, invest twice a year for short-to-medium term. If each time the return is double, you will make one million dollar cash within 5 years. If your starting capital is $20,000, after 3 years you will make one million dollar cash.

If you are using the same $1,000 capital, invest twice a year, but the return is only 50%, you will make one million dollar cash after 9 years.

So we can always start small. However, it is very important that we know how to select high profit and low risk stocks.


Sitting and monitoring the market whole day long will not bring you profit. Instead, it increases pressure and misleads your judgment.


95% of the people always buy at the highest price. They don’t really know when to buy, just relying on news, rumors and tips. Only 5% of the people knows how to trade at the lowest price. That’s why 95% are losing money, only the 5% are making money.

Investment Builds Wealth, Gambling Definitely Lose !


News used to be able to predict the market trend. But not anymore, it is difficult to judge which news could actually influence the market nowadays.


Before investing, ask yourself these four questions:

1.How many people have already heard about the tips before you?

If many have heard about it before you, this news is already obsolete. The price is already high.

2.How long have the tips been spreading before it reaches you?

The next day?

3.Who told you?

Listed company director? Or friends?

4.Assuming that the tip is true, would you possibly know about it?

Normally insider news is not disclosed.


It is easier to be said than done.

Sell at a loss is a difficult decision. Your heart will object, and your feeling will say "It is going to rebound, don't sell." Eventually price dropped further, causing a much tragic lost.


How to protect your capital is much more important. Don’t try to make 100% profit. It is already good enough to have a 60% profit margin.


Everyone expects to make some money from the stock market before Christmas, New Year, annual budget announcement or election, but the stock market is not always bullish during these events. We can say history is not always repeated.

The best way is “Let the Market Lead us”.


There are only two rules to make money in stock market:

The first rule: Never lose your money.

The second rule: Never forget the first rule.


Don’t hold your stock too long, there is a value when stocks are sold.

How long have you been holding your stocks until now?

Since Year 1993? 1997? Or Year 2000?

Why didn't you exercise your stocks? Long term investment strategy is not practical anymore. Even the blue chips also crash when the market collapses.

The best strategy is to sell the stocks that are not earning money, and reselect some good counters. Buy low, sell high for several times will earn you more than enough to compensate the lost.


Stop investing if you are not sure of when to buy or sell.

Without the knowledge of investment, you are bound to lose again. This is an age of information. Investors are using knowledge, techniques and strategies to make money. Without investment knowledge, how do you protect your money?

Building wealth through investing starts with securing your capital.

About The Author

Dr. Steven Lee (Ph.D) is the creator of “Power System” and also the author of two books on how to invest in stock market. There is "Creating Wealth in Stock Market" and "The Magic Idea of Getting Rich". Free e-book "Money Fish"
Your New Way to Become a Millionaire

How To Generate Unique Business Ideas That Make Money?

Every money making opportunity that you see boils down to one common thing: idea. As you know the best ideas pay. The most creative ideas pay.

The best thing about ideas is it's free and everybody has the capability to think of ideas.

In order to be creative and innovative about ideas, you have to have knowledge. Knowledge is important. You need to know thousands of things to be creative.

Below are steps that you can take to come up with profitable innovative ideas:

1) Read and study as many things as possible about your industry or product. You need to investigate specific information of what you are going to sell. For example, if you want to be involved in real estate, you study everything about the subject matter in details. If you want to start a business, you have to know what's going on in your industry, what sells and at what price, etc.

2) Improve general knowledge. Don't limit yourself to only learn about things in your own industry. Learn as many topics as possible from other industries. It can be any topic. This enables you to think out of your own industry.

3) Mix and match ideas from cross industry. Once you investigate and research enough, your mind is the storehouse of all the ideas you have studied. And this is the main source to your creative ideas. All the knowledge you have learned so far is the raw materials to produce new ideas.

4) Thinking of raw idea. After you have done your study, think hard about the solutions you want to your problem. Then stop and relax. Get a cup of coffee or go for a movie. Do something relaxing and let your subconscious mind work for you. The idea or solution will come to you at a much unexpected moment. For me, ideas always come to me before I sleep. My mind will be bombarded with ideas that I can't stop.

5) Refine your raw idea until it's up to your satisfaction. You can always do your own research on the raw idea by asking questions to target market to test the feasibility of the idea and how to improve the idea further.

Basically new idea is a combination of old ideas. You need to have enough old ideas to come up with new ideas. That's why constant reading and observation are important.

Sometimes when someone has launched a new product, you would say, "Hey! I thought about that before. That's my idea." You might have had thought about the idea but you didn't capitalize on it. Someone has done it before you.

It's always good that you have an ideas book. Whenever you think of a good idea, write it down. You can always work on it or improve it later. Bring along the ideas book wherever you go. It doesn't need to be fancy. It can be a normal pocket-sized spiral notebook.

With the method outlined above, I hope that you will be the next person who makes fortunes with unprecedented ideas that people can never think of.

About The Author

Abel Cheng is publisher of Abel Cheng's Business Diary, a free publication that provides unorthodox home and small business success tips, tools and resources. Get instant access to his publication at

Success and Money – 10 Creative Ways to Attract Wealth

Many creative people have a bad attitude about making money. When it comes to talking about wealth and prosperity, they look at you like you’re from Mars.

Well, I’ll let you in on a little secret.

The purpose of creative art inspire. Wrong. The purpose of all creativity is to make money.

Oh, I can hear some of you cringe at the thought. And that’s just it. Your thoughts about money are, well – let me put it this way – they’re not bringing in much dough. Most importantly, your thoughts about suffering for your art are not allowing you to develop the full measure of your gifts.

I’m not saying that art should not be inspiring. All great art is. Just that it has to bring in a good income. An inspiring income.

Why not admit right now that having money, and I mean a lot of money, eliminates all worries and stress. No more energy wasted on how you’re going to pay those bills. No more creative energy gone down the drain as you stress out about your debts.

Here are ten ways to attract wealth.

1. First and foremost: Accept the possibility of wealth in your life. This is a big step towards manifesting riches.

2. Figure out what you would do for nothing. All successful people are receiving compensation for doing things that they’d do for nothing. They are getting paid for doing something they truly enjoy. Now that is success.

3. Eliminate self-doubt and criticism. Change the channels, turn down the volume and switch to your inner voice of supreme confidence. Make it play the tune you want to hear.

4. Accept an initial large workload. Don’t quit your current job. Allow it to finance your new road to wealth. You might be burning the midnight oil initially, but that’s just to get you off the ground and running.

5. Bury the hatchet of guilt. Deal with all unresolved emotional hangovers. Bury them and never look back. Otherwise they will drain your valuable creative juices.

6. Simplify your external stimuli. Silence your TV and radio to the point that all they are used for is to enhance your creative life.

7. Slow down. You’ll be far more efficient when you stop rushing around like most people. Your mind won’t be on overload so it can reclaimed and used to envision your new life.

8. Get rid of all your beliefs. Beliefs keep you from experiencing life. They are a blind acceptance of someone else’s experience. Only you can decide what works and what doesn’t. No belief in the world can do this for you.

9. Interrupt all thoughts of fear. They will silence your visions of success. Instead, see that everything is possible. Abundance is infinite. It’s not monopolized. A life of wealth is yours for the taking.

10. Imagine a life where all your needs are fulfilled. Can you feel the result of such a life? In fact, the more you see yourself living fully, the likelier the possibility is of that happening.

It’s the joy and freedom of wealth that we are all seeking. So, never for a moment think that you’re not one of the chosen ones. Break your poverty mentality. That’s all history.

Begin today in your mind’s eye picturing yourself as wealthy. There’s no turning back.

“You must put the whole power of your great soul into every act, however small and commonplace, and so reveal to your family, your friends, and neighbors what you really are.” –Wallace D. Wattles.

So, find the one thing you just love to do and pay exclusive attention to it. Keep all distractions at bay. Never waver from your love. Your beautiful life is intricately dependent on your careful attention to this one thing.

Copyright 2005 Tania French

About The Author

Tania French is a composer who has enjoyed performances and radio broadcasts of her music worldwide. Her new CD “Renewal” (released January, 2006) will feature a rejuvenating fusion of new age, classical, and world songs.

Subscribe to her popular newsletter at

© 2005 Tania French. All Rights Reserved.

Wealth, Money And Getting Filthy Rich 101

Lets talk about getting rich. Filthy rich. Rolling in dough. Gold plated Ferraris. Ok, maybe a gold plated Ferrari is overkill. Or just wrong. So how, how, how and how you ask? You’ve come to the right place.

1. Make it crystal clear as to why you want to get rich.

There are a million reasons for wanting to become a zillionaire. Understand why you want to get rich. If you don’t know why, forget it. Go home. Stay in Normalville. Keep picking away at your dead-end life. Understanding your motives behind serious moneymaking makes way for passion, purpose and meaning. Perhaps your purpose is to flummox your idiot boss by amassing enough cash to purchase a huge estate, and then invite him over for Kraft dinner. Maybe you saw a sad child on TV and you want to help that sad child through the gift of mini Ipods and DVD collections of the hit TV series Friends. Perhaps you want to have total financial freedom and study the astonishing and mystifying life of aardvarks. Behind every Donald Trump wannabe is a continuous driving passion, motive or purpose. Find yours. You must have a purpose to keep you going. Must! Find out what it is. Now.

2. You know why you want to be wealthy, but you can’t get off the freaking couch.

Okay, you have decided to become nauseatingly rich and clearly understand your motives. But you’ve noticed that you can’t let go of that gigantic bag of Doritos and the TV remote is glued to your hand. Maybe you have to take care of a few other issues before the Brinks truck rolls to your door? Becoming filthy rich also requires that you are honest with yourself and ready to make a few changes. Take health, for example. Good health provides good energy. Good energy means that you can now spend time inventing that cereal that looks like tiny Ipods, after cleaning sewers all day. There may be a host of issues to resolve in order to remove roadblocks to private jets and beautiful beaches. It’s not only your health. Perhaps you still live with Mom and Dad and all your credit cards are maxed out over your incredible collection of collectable Yoda and Gollum action figures. Sorry, getting megarich might not happen overnight. Make sure your priorities are in order. Get in shape. Stop giving your platinum American Express to your Barbie girlfriend. When you find yourself on a plane to Las Vegas with your two year old’s piggy bank, forget it. You are not ready. Are you ready now? Great! Let’s go!

3. I’m going to be incredibly rich and do it all by myself.

No, you are not. Sure, I’ve read about some guy who came from some dusty, impoverished country, worked his butt off and became the carpet king of the world. Or Anthony Robbins, who was so poor that he had to take a bath in his kitchen sink before he became a megarich and began to buy helicopters and other rich-folk transportation devises. At least I think he took baths in the kitchen sink. Maybe he washed his clothes in it. Anyhoo, most people probably had some help to realize their dreams of caviar and champagne. How about a financial advisor? The world is saturated with them and I’m sure you can find one to get you on the right track. You know, how to save money, make a budget and all those other important money subjects that school never bothered to teach you. Don’t be afraid of financial planners either. They don’t all work in Gucci-designed, cloud-covered penthouse offices, smoke Cuban cigars and treat you like annoying spinach stuck in their teeth. Some can be nice! Inexpensive! So whether it’s the help of a friend, financial planner, parent or Oprah herself, it’s most likely that in order to get that two hundred foot yacht, you need some help. Who can help you?

4. I want to get stupendously rich, buy a small country, but I don’t have any good ideas.

Okay, you have purpose, no skeletons barging out of the closet and some help. But no ideas. The good news is that there are an infinite amount of ideas hanging off the idea tree just ready to be plucked. The bad news is that some of them take a long time to come to fruition. Conventional wisdom dictates that we must start young, save x amount of money for x years and blah, blah, blah. Well, some of us don’t have all those years. We want our helicopter and we want to eat our cake while flying in our helicopter -- now! Just think of all the fabulous and quick ways people have become filthy rich. Take those Google guys, for example. What’s with that? You punch in words in a little box and it brings you to other words that match your words. Rocket science? I think not. Ever heard of Lavalife? Lavalife is an online dating service that began in Canada and was sold for $152 million dollars!! Cash! $152 million!! Cash! True story! And the truly amazing thing is that it started in Canada! I thought Canada was just a bunch of peace-loving, mild-mannered types that worshipped hockey, curling and penguins. Yes, even Canada has amazingly rich people. So, if a Canadian can do it, so can you! Put your thinking cap on and start unleashing those hidden ideas. Maybe one day even you can sell your Canadian dating service company to a USA company for $152 million cash. Think of all the helicopters you can buy!

Let us summarize.

1. Understand the reasons behind your quest for wealth. Is always having the latest Ipod part of your wealth definition or is financial freedom? Make sure your core values are yours and don’t come from the advertising world. 2. You are clear and comfortable with your reasons behind for your wealth quest, but you are a walking heart attack. Having great health makes everything easier. Make it a priority and key goal.

3. You think you can get rich by yourself. Make sure you have the right connections to help you on your way. How about a financial planner?

4. You don’t have any ideas or are afraid to try one. There is an infinite amount of ways to create wealth. The first step is to TAKE ACTION. Life rewards action. Don’t take your music to your grave.

Please consider this article for your website, blog or ezine. Permission to reprint if by-line stays intact and links are activated on the Internet.

About The Author

Terry Vermeylen is one of those rare people that is passionately driven to help others unlock their own barriers toward fulfillment, meaning and purpose. He is the founder of, an Internet value identification and goal setting enterprise.

4 1/2 Strategic Tips For Making Money Online More Quickly

If it seems that everybody is making boatloads of money online and you're missing out, fear not.

There's plenty of time left for you, and the greatest part about it that it's not very difficult.

Strategic Tip #1: Plan to work hard.

I know, this goes against everything you hear but deep down you know that nothing worthwhile is easy right?

You also know that getting anything done quickly just takes more work.

Even cleaning out the garage, yeah you could take your time and get it done over a weeks time, or else you could work your butt off and have it finished and be sitting right back down on the couch watching your favorite reruns.

To get things done quicker you just have to put in the extra hard work, but when the checks start rolling in, all your work will be worthwhile.

By the way, if you do things right, one of the beautiful things about the internet is that the work you do today will pay off for months and hopefully years after.

Just like that clean garage you’ll have.

Strategic tip #2: Find one good teacher.

Let me just emphasize “one”. Bouncing around from teacher to teacher, product to product is THE biggest mistake that new hopeful internet marketers make.

However, find a mentor/teacher that’s reputable. You can go to the different marketing forums and ask around, and you’ll get some honest answers. Just beware of anyone trying to sell themselves. The great teachers don’t have to do this in forums.

Once you find them, stick to their strategies and you’ll be way better off than most people who are still playing the bouncy game.

Some marketers I recommend you follow are:

Jimmy D. Brown
Jim Edwards
John Vallaries
Yanik Silver
John Reese

But just pick one, and stick with them.

Strategic Tip #3: Research and target a hungry niche that’s got as little competition as possible.

I’m not going to say a whole lot about this. It’s very basic but not quite easy. Everything will have some competition, which is good. This means there’s money to be made.

But best thing I can tell you is to find a hungry crowd, and feed it. A great place to start your research is Ebay. Also, magazine stands,, Froogle. You get the picture.

Also Google the phrase: “Finding a Niche Market”. You’ll be reading for days.

Some examples would be:

· Pets (dogs, cats, birds, fish, etc.)
· Finance (credit card debt, mortgage guide)
· Computers (buyers guides, games, software)
· And a lot of success is found in the Health Niche (weight loss, cellulite, diabetes, quit smoking, etc.)

Strategic Tip #4: Pick the low hanging fruit.

What does that mean. That means go for the easiest stuff first.

Here’s what happens. You find a teacher who claims to be a guru. Not knowing since you’re just starting out that they don’t have much more of a clue than you do, they tell you to pick your favorite hobby, write an ebook on it, create a website with a “killer sales page”, and you’ll make a million bucks before you can say B.S.

Now tell me this, how long is it going to take you to write an ebook. Most people don’t know how to write to save themselves, or some do, but are so intimidated by the thought that they never even start, and that ends their online career before it’s ever gotten started.

Or lets say that you did manage to choke out an ebook. Now you have to design the website, and then and here’s the hard part…. you have to write that “killer sales page”. Neither of which is anything close to easy if you’ve never done it.

Yes, you can slap together a website fairly quickly these days, that’s true, but the sales page is where the trouble begins. It takes years to develop that skill just to get to be mediocre.

So where is the low hanging fruit then?

Well, there are a couple choices. The first and probably best choice is affiliate programs.

Listen; nearly every good niche you can think of has an ebook written on the subject somewhere, the best place in which to look is Clickbank. There are thousands of products there, which usually offer a nice commission, sometimes up to 75%, that are just looking for someone to sell for them.

Now here’s the kicker. These products all already have a nice sales page written and all that you have to do is drive traffic to the sales page, they close the sale, and BAM! You get paid. Very simple. Not as easy as it seems, but very simple.

That’s your low hanging fruit.

Strategic Tip # 4 1/2. Resale Rights =Low Hanging Fruit with 100% Commission.

I would be doing you a disservice if I didn’t mention Resale Rights.

What are Resale Rights Products. This is where you simply buy the rights to sale a product that’s already created, and usually includes a sales page (I wouldn’t recommend buying one that doesn’t if you’re just beginning) You then keep all the profits.

These days Resale Rights membership sites are popping up all over the place. This is where you pay a small monthly fee, and get new products created for you every single month.

The great thing about this is that most of the time they do the research and create the products about topics that are in high demand.

Sometimes you can even do as you please with the finished product, chopping it up or adding to it to make it more your own style, and to ensure there is nothing duplicated out there.

These are called Private Label Resale Rights.

You can use this material for blogging, creating a newsletter, content website, or any number of things.

The downfall is finding quality products but they are definitely out there, it just takes time and effort to search them out.

So, there you have it in a nutshell. Following these tips should put you closer to making money online a little more quickly.

About The Author

Todd Todd makes a decent living from the internet with his two little ones usually residing on his lap. If your looking for a great recommended resources for Private Label Resale Rights in the lucrative Health and Wellness industry, which offers Fresh-In-Demand Content Every Month then Todd recommends visiting:

Money and Success - 8 Traits of Extremely Wealthy People

Have you ever wondered why some people are magnets for wealth and most others just flounder by the wayside? I bet you want to know the secret traits these wealthy people possess.

But first, let’s get one thing clear.

The real question people want to know the answer to is - what is the #1 business for creating wealth.

And the answer is…

Any business. Yes, every business. Just look at these folks.

Steve Jobs got rich creating and selling computers. J.K. Rowling is wealthy because she switched gears and started writing books. Jeff Bezos got rich selling books. Oprah Winfrey became wealthy connecting to people on TV. Wayne Huizenga became rich by hauling trash. Bill Gates started coding software and is a multi-billionaire.

Their businesses have nothing in common. Just look at your community. People are becoming wealthy in a variety of businesses.

What do Oprah, Jeff, Steve, Bill, Wayne, and J.K. have in common. Commit the following eight traits to memory:

1. They have Persistence. Overcoming obstacles and moving on is a given.

2. They invest in other businesses and own their own companies. Start your own business.

3. They are creative. Innovation is imperative to becoming wealthy. Constantly observe and generate new ideas.

4. They are doing what comes most naturally to them. If you love what you do, you forget you are working. Imagine that.

5. They give their wealth back. Sharing wealth and knowledge benefits you and others. The more you give, the more you receive.

6. They are constantly learning. Enormously wealthy people understand that your mind is your greatest asset. They constantly read books, listen to wealth-building CDs and attend seminars.

7. They hire out the work. Rich people know they can’t do everything themselves. Bill Gates hires programmers to write software. Doing everything yourself will limit your financial growth opportunities.

8. They are grateful. With gratitude you can’t go wrong. In fact, gratitude allows your mind to focus on creating products that help and uplift other people’s lives.

Notice that all these traits use the power of the mind. Nothing compares to getting your mind to work for you. It’s a tool most people don’t use. Here is your opportunity to take a quantum leap into wealth consciousness.

“It is mathematically certain that you can succeed if you will find out the cause of success, and develop it to sufficient strength, and apply it properly to your work.” – Wallace D. Wattles

Invest in your prosperous life Now.

Copyright 2006 Tania French

About The Author

Tania Gabrielle French is a composer who has enjoyed performances and radio broadcasts of her music worldwide. She is the creator of Relax and Rejuvenate CDs combining powerful words with uplifting music for the ultimate listening experience.

Subscribe to her popular Art Abundance Newsletter at

© 2006 Tania Gabrielle French. All Rights Reserved.

How To Master The Art Of Making Money Online

Yeah!! A home business, that's where I can easily make the extra money, a second income or even create a full time job. Isn't that what most people think when they start looking for a job or business online? Guess what, they ain't even wrong. The only problem is, it takes a lot of work to find out how to actually achieve the easy money.

So since the title says "how to master the art of making money online" lets look at the main issues you need to focus on.

The first thing you should do, and this is just as important as all the other things I'll mention, find people who are already successful as online entrepreneurs. Take your time to be specific in your search since a lot of people claim to be successful but are just one day wonders. Once you've found some real achievers, join their mailing list (newsletter). Don't start buying the products they promote, just take notes and learn. This will give you a reasonable understanding of where they make their money.

At this point you will have created more questions then answers, so now start finding the answers to your questions. You can do this by joining forums which are focussed on the online business.

You've probably got enough information now on how you would like to make money online, either through selling your own products or promoting other peoples products. This means you will need a domain name and a web site.

Make sure you choose a domain name which fits the product you're gone promote, try to get a keyword rich name since this will help you to get search engine ranking. Find yourself a good web host and with this, certainly don't go for the cheap option. Take your time to read up on different web hosting providers, again forums are great information resources. Once you have found a provider it is time to build your web site.

Yes, I did say build your own web site. Don't even think about web templates. These won't be flexible enough to adjust them for search engine optimization. It doesn't matter if you just build one sales page or a 50 page web site, you have to be able to adjust it at all times. The internet is undergoing changes by the day! Again, you can learn this completely free with online courses and free HTML programs. It will take a lot of time but nobody said it would be easy.

OK, you've got your product and you've got a web site. Unfortunately you don't have any visitors yet! This will be a long time investment and you will have to do it the hard way. This also is the moment where you will start spending some money, except from the web hosting that is.

We have all heard about link exchange, this is a great way to get visitors and a higher ranking with the search engines. What you don't want to do is exchange links through automated link farms, you will have to do this manually and find decent link partners, offer them a reachable link from your home page and make sure only to link with web sites which fit your field of expertise.

Submit your web site to every single directory which you are able to find, these are all one way links and do count heavily with the search engines.

Start writing articles and press releases, you need to become a known expert in your field, this will only happen when you get seen a lot. Use a article submission service for this since it will save a lot of time.

Last but not least, invest in a program like IBP available at, this will help you to optimize your web site for even better search engine ranking.

The above mentioned actions are ongoing and should be made a regular habit, set yourself goals as to how many links and articles you want to create during a week. Don't choose they so called easy way as with Pay Per Click since this will only cost you money. The only Pay Per Click you could use are Google, Yahoo and the new guy in town MSN.

Following these steps will get you you're money making home business, as mentioned, it will take time and a lot of studying, but in the end it will most definitely be worth your while

Copyright 2006 Harrold Swalve

About The Author

Harrold Swalve is a published author and successful online entrepreneur. He owns the Home Business Resource Center where you can find all the resources to not only the best online money making opportunities, but also articles, free tools, 24/7 support and much more.

How to Make Lots More Money

Some people are in the dark when it comes to how to get rich. Fortunately Success leaves clues. You would always do well to emulate certain people who you believe are successful. Remember that there truly is no monopoly to riches. One scholar once said that given the resources and capabilities everyone has, everyone could be a millionaire!

You heard that right! Everyone! That includes you and me and everyone on the planet. Would you believe that right now, 90% of the world’s riches lay in residence with only 10% of the human population? That means there is a huge chunk of wealth that can be shared around if only we knew how to.

Here are a few guidelines on how to get rich. It is not a pipe dream! With a little hard work, you too could get your share of the pie!


Before you start the journey to ‘richness,’ focus first on your priorities, goals and values. Ask yourself, “Why do I want to be rich? What should I gain from this? What are the most important things in my life? What are the values I want to retain while I do so?”

This is very important because the drive to riches can sometimes make you blind to the things that are important to you: family, future, inner peace, etc. If you know your priorities, you will be more focused to gain riches for a higher purpose. Getting rich, then, become more meaningful, unlike some people who worked to become rich only to find out that it didn’t make them happy.

3. Eliminate clutter.

Remove distractions. Remember that focus is terribly important when working to build wealth. The road to success is filled with many roadblocks. If your life is cluttered, you find yourself wasting time and effort trying to straighten your ship. After you set your priorities straight, clean up everything that distracts you from reaching your goals.

4. Dream the Impossible but Set Realistic Goals.

Dreaming isn’t bad. Everyone has to look to the moon to break away from the commonness of the mundane. Nothing special has been accomplished by those that do not dream. However, what if you start dreaming things that are preposterous? That would spell trouble. You might then revert to just being realistic and doubtful.

But if you limit yourself with self-doubt, and self-limiting assumptions, you will never be able to break past what you deem impossible. If you reach too far out into the sky without working towards your goal, you will find yourself clinging on to the impossible dream.

The secret here is to dream the impossible but work on accomplishing these dreams one realistic goal after another.

Everybody wants to be rich quick, to be a millionaire overnight. But things don’t work that way. If you want to be really rich, start with easily attainable goals and climb up the ladder as time progresses.

For example, you could dream of having a beautiful house and lot with a five matching luxury vehicles. It may seem unrealistic at first, so the first thing you do is start with easily attainable goals to reach that dream. Say, focus first on making more money than you spend. Then set the goal of a certain amount. When you accomplish this set your goals higher and higher until ultimately you reach you dream.

No one hits a target he can't see. You should define your goals and set clear, achievable results. Know what "success" looks like! Have measurable, tangible evidence of growth and accomplishment.

5. Don’t Look Back.

Some people start on the right track but turn back the path of progress they tread because of hardships, discouragement, or plain procrastination. But not you! You’re headed toward your goal right! So step right up, march on by, and don’t look back!

6. Put in more than you take out.

You will never get rich if you spend more that you earn. Make a spending plan to make sure the difference between your income and your expenditure is wide.

8. Patience

Be patient when trudging the hard road of wealth. Overnight success stories are far and few between, but success stories that grow over time and toil have a greater chance of happening.

10. Give it away. You can't take your riches with you when you die. Money only supplements a happy life here on earth. Make sure you contribute to charities that will use it to make the world a better, richer place. And leave some for your heir to enjoy. Give, enjoy, and pass it on. Your children will thank you!

About The Author

Daegan Smith is the leader of the fastest growing team of successful home business enterpernuers on the net. Find out how we're creating financial freedom all across the globe and how to get in on the action FREE at

What Does it Take to Really Make Money Online?

Probably the most important step to making money online is the desire to do it. The key to success on the internet, contrary to so many of the headlines we see, is not in a ‘get rich quick’ scheme. Strong internet incomes are achieved the same way brick and mortar incomes are achieved—via hard work, long hours, and dedication to making money online. To make money online, you must be willing to work hard, often long hours, study the latest material on marketing and traffic generation, and be willing to stick with it before you start making the big money online.

• In order to make money online, you must develop a basic understanding of why people buy. The psychological motivations of internet purchases are much the same as offline purchases. People buy things online because they feel the purchase will make them feel younger, sexier, happier, or because it will make them rich or well-liked.

• You must find or develop a product that is well-suited to making money online---it must primarily meet the emotional needs of people online---making them feel younger, sexier, happier, rich, or well-liked.

• To make money online, you must learn everything you can about marketing, both offline and online. You must understand what makes people buy; you cannot simply cut and paste from templates to get good at online marketing.

• You must be willing to test everything you do. Many times what you do online is in massive quantities, unlike some offline marketing. You might send out a million emails, or purchase a thousand PPCs, or receive hundreds of visitors a day. You must be able to identify which types of visitors make you money or you will fail. In many marketing campaigns you run, you will have segments that are profitable and segments that are not. If you cannot identify which are which, for the purpose of eliminating those that are not profitable and increasing spending in areas that are, you will fail.

• You must be willing to reinvest much of your initial profits back into your business. When you first begin marketing, you are excited and you are willing to spend untold hours, until the wee hours of the morning, placing inexpensive classified ads and requesting links with directories and other web sites. However, once you have a thousand subscribers, you will be more focused on conversion rates and your web site and have less time for low-cost traffic generation. You will need to develop a budget for more expensive (and usually higher-quality) traffic. Although it is not always the case that paying more gets you a better lead, it is generally the case that paying less gets you an inferior lead.

• Last but perhaps the most important. You must be willing to stick it out. The first few months you may not make much money online, but you knew that going in and you are excited about the internet riches about which you dream. After a few months of 80-90 hour weeks, you become tired and can become tempted to quit. If (and only if, note) you have been testing every ad you run and every response you receive, you will be able to start making smarter decisions and become profitable over the next few months. But if you burn out and quit, you lose everything you put in. Don’t give up!

About The Author

Sean Mize, an online entrepreneur and marketer, is the author of the ebook, “ How to Start a Successful Online Business”. To download a free copy of this revealing ebook, click here:

Note: You have my permission to reprint and distribute this article as long as it is distributed in its entirety, including all links. © Sean Mize 2006