Showing posts from October, 2010

A Radical New Approach to Personal Investing - Part 1

In the book the book " The Perfect Portfolio " author Leland Hevner states that the investing environment that we, as individual investors, face today is not a friendly place. Equity prices are buffeted by factors that were inconceivable just a few years ago. Yet while markets have changed dramatically, the investing theories, methods and resources we have available to cope with them have not. The time has come to pause, take a deep breath and rethink in totality how we view and interact with the equities/stock markets. It is time to recognize that much of what you have been taught about how to invest has changed. To survive and thrive in today’s new investing environment, a completely new approach to personal investing is needed. This new approach is the subject of this article. In the good old days (not many years ago), investors had a reasonable chance of predicting stock prices by analyzing company financial statements. Investors had a legitimate chance of being succe

Discovering Your Genius

In the book “ The Success System That Never Fails ”, author W. Clement Stone states that the start of all personal achievement starts in the mind of the individual. Your personal achievement starts in your own mind. The first step is to know exactly what your problem, goal or desire is. Most people don’t get what they want because they don’t know exactly what they want. If you are not clear about what you want, then write it down and then rewrite it again until the words express precisely what you are after. All success hinges on the 3 things listed below. Once you truly understand what they mean, you’re on your way to a golden future. 1. Inspiration to Action The road to success starts when you are inspired to make the effort. Inspiration starts when you are motivated to dissatisfaction with things the way they are. Therefore, inspirational dissatisfaction is the strongest single force in your success system that never fails. Inspiration to action can also be described as having