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Monday, August 10, 2009

Saturday, August 08, 2009

How to Get Rich and Stay Rich

We all want to get rich and financial free. Here are some steps to follow.

Step 1
Having a good career or business system


People don't get rich by just having a low paid job. You need to have a good career or business system to help you get rich.

Think of a good profession that you can obtain: lawyer, doctor, accountant, and etc. The key is to find a good salary career that paid well and has potential to climb up the ladder.

Think of a business system that can make money for you even you are on vacation.


Step 2
Save money and invest wisely


Let money make more money for you. The key is safe investment with consistent return over the years. Most people lost money in stock or forex currency market because they didn't control their risk well. They used too much leverage or margin on each trade. One big mistake or loss can wipe you out if you have no risk control management.

Real estate can be a good and stable investment. Just make sure you have positive cash flow (Rent - expenses).

Bond can be a good and safe investment. Just use a small portion ($100 each month) to buy bonds and hold it till your retirement age. You should become a millionaire by then.


Step 3
Having multiple sources of income


Make sure you don't put all eggs in one basket. What happen if you lost your job or business go bankrupt? Everyone has their downturn in life.

Therefore, make sure you have a backup plan. For instance, you should buy some properties to collect rent when you have the money to do so. Don't use all your money to buy luxurious house, cars or yacht. Those fancy items don't make money for you when you have a bad time.


Step 4
Need to take action and be consistent


When you have an idea to make money, don't just think, you need to take action as quickly as possible. Otherwise, your passion would vent away.


Step 5
Wealthy people never stop thinking of making more money


Making money has become their hobbies. They would keep searching for any business opportunity or any money making idea.


Resources

Yahoo! HotJobs
ZuluTrade - Autotrade the FOREX market like never before!
Forex Fab Turbo
Forex Megadroid

Thursday, August 06, 2009

Market Condition

Watch out for deeper market correction. It's possible that FNM and FRE's rally signal a period to end the recent gain.

Stock picks

FBN
AGO
MESA

ZuluTrade - Autotrade the FOREX market like never before!

Here is a new, easy and profitable way to make money on trading Forex currency.

ZuluTrade drive trades by specialists into your FX account and trade automatically without the need to leave your computer running.


3-Step Process: Check, Select and Apply!
All you need to do is:


1) Check the available systems (Go to "Performance")

2) Select the systems that you like based on performance or your criteria

- Select the systems with high number of "Users", "Pips", "Win %" and low "Max DD pips"

3) Apply the systems to your portfolio



ZuluTrade is designed to help you to:


- Identify potential for improved returns
- Diversify from other investments
- Trade 24 hours a day even when you're not available
- No need to leave your computer on
- No need of VPS (server based)
- Control risk management through multiple options


You don't have to study or monitor the market to make a good pick, because hundreds of industry well-known experts from all over the world are doing it for you. All you have to do is pick the experts you like, and ZuluTrade will quickly convert their advice into live trades in your trading account directly with the broker.

You can give them a try with its demo account. I think this is a great way to generate profit without any worry or care. Indeed, this is a great example of "Let money work for you!"


Winning swing trading stock chart

HMIN

Wednesday, August 05, 2009