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Saturday, October 25, 2008

TIME THE UNIVERSAL CURRENCY

Greatness they say begins with just only one step while TIME is the greatest currency on earth that you need to spend judiciously to attain greatness and acquire Real and Lasting Wealth. You don't need to be from a wealthy background or to be born with a golden spoon in your mouth, before you become a very wealthy millionaire. No special advantage is needed.



TIME is all that is needed to become whatever you desire in life in becoming. Now as mentioned before open what I call FREEDOM ACCOUNT and start saving one tenth of your income no matter how small and whatever extra income or increase that comes your way aside your tithe. Save every other unexpected income that finds it's way into your palm, DON'T spend it and after some months buy shares and start to save all over again; don't procrastinate, start with whatever you have now.

In your match to Financial Freedom, you will come across trying circumstances. You surely will loss money. Friends will betray and scam you. Advisers will confuse you atimes. Each time you fall into these difficulties; don't be discouraged, talk to God in silence and ask God to show you the hidden road to success. You see the wisdom is not in falling at all; it is in standing and coming up stronger again each time you fall. That is why I said that what we call mistakes or failures are not failures, but points and platforms for us to make amends or for God to bring out a particular strength in us or to take us to the direction He wants us to follow in life.

When you read the Holy Bible and see the travails of Joseph in the hands of his elder brothers and see how Joseph was sold into slavery to some rich merchants from afar, but God just wanted to bring out the talent in Joseph and to place Joseph on the path HE had wanted him to follow to attain what He wanted Joseph to attain in life. There are several aspect like this in the Holy Bible that one can make references.

Don't invest in things that are in the real sense of it serious liabilities, which we believed are assets, like unnecessary purchase of two to three cars, expensive Home Theater etc. All of these are mere liabilities and not assets. You must learn to shun impulsive spending, when you buy on impulse, the tendency is that you spend far more than your budget. This is not good enough, if you are actually serious at building Real and Lasting Wealth.

If you really want to be wealthy, all you need do logically is to study the habits of wealthy people and practice them religiously, with TIME you will certainly succeed. But if you violate the principle of wealth accumulation like spending more than you earn, refusing to save consistently and accumulating liabilities rather than assets, you should not expect to be wealthy, rather you are setting yourself on what I call Financial Crisis.

Even God built this world on principles, nobody directs the sun to rise and set, nobody also detects it to rain and stop, etc. If you toe the laid down principles in any area of your life you surely will get your desired results.

Wednesday, October 22, 2008

LEARN TO SAVE AND LET YOUR SAVINGS WORK FOR YOU

Start NOW by saving one tenth of your income, aside your tithe and after some few months invest your savings into the area you are most familiar with. Don't try it in a business you know little or nothing about. You can find somebody who has made a success in your area of interest and let him/her coach you to success too because a business coach will always prevent you from making severe mistakes, he/she will provide the necessary work map and compass for easy navigation and this will enable you achieve your target faster by cutting curves.

If you actually desire to become a wealthy millionaire, you must set a specific target as mentioned in part 3, on the level of wealth you intend to accumulate. You should know what it will boil down to when broken down to a day, a week, a month and in a year and you know how many years it will take you to get to your target, might be say ten or fifteen years. When you desire plenty of wealth with all your heart a Higher Power will gladly throw all that you need to succeed on your path.

Mind you most people think that their wealth is measured by the amount of money they have in their vault or bank account, NO. To measure Real and Lasting Wealth, it is the number of times your passive income can comfortably take care of all your expenses, especially after you stopped working and the number of people that can trace their development and success to you be you a Christian or Muslim because WEALTH SHARED INCREASE RAPIDLY.

Hence as you set on your journey towards acquiring Real and Lasting Wealth, put all your trust and finances in God, for He will never let you make foolish mistakes. With all your professional know how and your intellect you can still fail but with God guiding you , you can never fail.

The purpose of acquiring wealth is much more than the wealth itself. Why do God wants to bless us? He blesses us so that we can be a source of blessing to others. When you finally make it, each morning always ask yourself how you can glorify God with what he has given you, by blessing somebody with your money. You know why, it's because God is the only source of Real and Lasting Wealth hence I am telling you that we are all mere stewards of God's money. We all came into this world with nothing and no matter how wealthy we might be we shall all leave with nothing.

If you fail to utilize whatever wealth God entrusted to you properly, be it trillions, all will vanish, it cost God nothing to take all the wealth away from you within a very short period, just with one little calamity, before you know it all is gone. But when you glorify God with your wealth, by blessing people, He will give you divine ideas. And just one divine idea if handled and executed religiously, can give you an everlasting stream of income.

Monday, October 20, 2008

CHANGING YOUR PRESENT CIRCUMSTANCES

If you really desire to have real and lasting wealth, then you must change your present circumstances, you will have to work on your inside. To do that, you must first change the dominant picture in your mind because what you picture vividly in your mind will always come to be. As mentioned earlier on, when you seriously desire a thing, Higher Power Steps in to make it a reality. Because the Holy Bible says that GOD will grant the desires of our heart, so when thinking or dreaming let these thoughts or dreams be Big and Positive always. Don't think that it's impossible to think and dream big for it to be real. I will tell you there are no impossible GOALS but only unrealistic deadlines.

When you are in the process of Building Honest and Lasting Wealth, you encounter different types of situations and there are some you think are mistakes. These perceived mistakes always contain one or more seeds of Fortune if viewed closely. That is why I honestly believed that those things we call failures, are not failures at all, rather they are points and platforms either for us to make amends which will bring out the talents in us or for GOD to bring out a particular Strength in us that will take us to the direction He wants us to follow in life.

POWER OF IMAGINATION

Visualizing your future the way you want it, will make that future a reality. Thoughts are things, there is a sort of stream of consciousness up there that is always helping you by directing your thoughts, when you harness this consciousness in a way, and you get what you want (provided they are positive things). You can always affect the future from the present through this universal consciousness. By setting your brain into an alpha brain wave state, you can picture what you want there, like a wealthy person........ You will head towards the direction of that picture you created in your head.

There are several ways to visualize. You can visualize in solitude; while relaxing etc. Visualize yourself living the most pleasant life and having your loved ones mailing around you, you will move up the ladder bit by bit. You must get used to the idea of visualization and get more affective with your thinking and the major thing is to get started.

Start creating specific pictures of Money-Bulging-Pocket, Successful and a Wealthy Person. If you can keep up with your visualizations, you ultimately become that picture, which you have visualized vividly in your mind. You just have to start by taking the right and specific action. Set a specific target for your money because it is by setting the right and specific targets and actions can you realize real and lasting wealth. If you fail to set specific targets, you might not realize it when the opportunity comes.

As mentioned earlier on in part 2, you have to learn to control your expenses before you go in search of more money. Those things we all call "Necessary Expenses" will always grow to equal or surpass our income, except one puts a stop to them, that is by keeping accurate records, listing your expenses in order of priorities and see to it that those things that are actually not necessary are done away with. At this point we can now start talking of how to make more money and build steady and lasting wealth.

Sunday, October 12, 2008

Building Real Wealth Part 2

At this juncture I will refer you to 'Ayo Arowolo's book' (The Millionaires Capsules) when he wrote that "God Wants Us To Be Rich, But He Cannot Bless Us Beyond Our Financial Intelligence" writing further , 'Ayo Arowolo' said that "Success Is Predictable So Also Is Failure. If You Believed You Will Succeed You Will And If You Believed You Will Fail You Will. If You Believed You Will Be Wealthy You Will Be Wealthy And Nobody Can Stop You..........".

To Cap It All 'Stephen Pierce' in his sixty minutes speech said "You Cannot Make Money And Excuses At The Same Time". He went further to say that "Money Never Sleeps" I believed he was right.

I promise you that your life will NOT be the same again after listening to this speech again and again.

You will find out how easy it is to make honest money. I mean you will find out how easy it is to build honest and lasting wealth.

You must learn how to control your expenses first, before going in search of more money. when you cannot track your expenses, then that means you are completely OUT flat in the money game.

But I have to warn you, that Ambiguity they say is the greatest handicap on the road to Financial Freedom, hence you must know what you want and how to go about it. Though, there is nowhere that you are headed that someone has not been, hence you need a mentor in your life, that is the more reason why I will always recommend the CEO of Alpha talk back, Mr. Stephen Pierce.

HONEST AND LASTING WEALTH BUILDING

Wealth they say starts from the mind. "Intention coupled with Vision and Growth is the key to Expansion" 'Sharon Maxwell Magnus'. You are what you think you are. As 'The Buddha' put it..... All That We Are Arise from Our Thoughts. With Our Thoughts We Make Our world.

Money is a spirit and it walks in the direction of those who have a strong desire for it and not those who need it. But when abused it can also fly away because it has wings.

Be informed that you cannot be wealthier beyond the level of your inner Strength. Hence for you to be wealthy you have to think big and positively too, because what you picture vividly in your mind is what you ultimately get in real life. There is nothing that happens to you now , that you had not imagined. Always dream big, for big dreams attracts big provisions, while small dreams attracts small provisions. in that wise, you have to turn your dreams into a consuming passion for it to become real. That means turning it to a dominant passion. Because when you seriously desire a thing, a Higher Power Steps In to make it happen.









Building Real Wealth

Wealthbuilding4life is working round the clock to see that most of our readers understands, the HOW to build and maintain REAL WEALTH.

PREPARING OUR MINDS

MIND OF A SUCCESSFUL PERSON

VISION

We believe that: A CLEAR MENTAL PICTURE OF A BETTER TOMORROW, GIVEN BY GOD, MOVES A PERSON TO BELIEVE THAT IT NOT ONLY COULD BE DONE, BUT IT SHOULD BE DONE.

Once you have captured this vision , you must find ways to communicate it to your people, in order for it to work. Winston Churchill they say is a master at communicating vision to his people and the tools he uses then were: "Strong Beginning; One Theme; Simple Language; Pictures and Emotional Ending".

BIRTH OF A VISION

For many people , their vision begins just like an idea, without much details or clarity. With time the idea turns into a major area of interest, and later than sooner becomes a passion. It then takes shape right inside their mind. Hence in many ways , the birth of a VISION is much like the birth of a CHILD. It goes through various stages before it matures.

1. Before you can have a clear cut vision you need to have intimacy with GOD, in order to conceive a vision. People who gets vision from GOD have spent time with Him in worship, quietness, solitude and reflection. This type of union enables GOD to speak and reveal what He wants that person to do. That is when GOD plants the vision- seed inside him/her.

When GOD does reveal a vision to you, it comes like a seed as mentioned earlier on, and must grow inside you. Though when planted it might initially seem unclear, or not fully formed.

The vision might take long to form and take shape, but it does and when it finally forms, that person becomes a different being entirely and he/she will not be satisfied in maintaining the status quo.

At this point there is always the temptation to back out or backslide. The devil tries to convince him/her to abandon the vision, but if he/she does not give up he/she will eventually grow and stand on his/her own.

WHAT VOICE INSPIRED YOUR VISION?

As you consider the vision you might likely pursue, bear in mind that God communicates with us with different "voices". We must remember how He has motivated us in the past before. The methods He has used.

1. THE INNER VOICE: Does your vision come from the urge for worldly things, or personal desires? Because you would not accomplish what you don't believe in.

2. THE ANGRY VOICE: Does your vision come from your dislike of one or more perceived injustice or problem? Do you see some inexcusable circumstances arising?

3. THE SUCCESSFUL VOICE: Does your vision arise from the inspiration you get from people who have already gone through the same situation?

Or you found a person you can look unto as a mentor in your life? Who will be responsible for the re-shaping of your life.

4. THE HIGHER VOICE: A truely valuable vision given by GOD. This vision helps you to take a
look from the past to guide your present through the future.


Wednesday, October 8, 2008

UNDERSTANDING YOUR TECHNICAL INDICATORS PART 2

PARABOLIC SAR: Commonly referred to as Stop And Reverse indicates the buy and sell signals. When the Parabolic Sar lies above the Trend and Candlestick, this is a clear sell signal, but where it is below then that is a clear buy signal.

STOCHASTIC OSCILLATOR: The common use of this indicator is to indicate when the Market is either overbought or oversold. In most cases the 80 and above area is considered as the overbought zone, while the area around or below the 20 zone is generally considered as the oversold zone.

RELATIVE STRENGTH INDEX 'RSI': Is a great indicator, that measures the market activities just like the Stochastic. It also indicates whether a market is overbought or oversold. It gives an indication to the direction of the market. The higher the number, the more overbought the market is and the lower the number the more oversold the market is.

BOLLINGER BANDS: The common use of Bollinger Bands is to identify an overbought or oversold market. A price at or close to the upper band signals an overbought market, while a market price at or close to the lower band, signals an oversold market. Either way they are both signals that you should exit your current position

Tuesday, October 7, 2008

UNDERSTANDING YOUR TECHNICAL INDICATORS

Before proceeding, let me touch on the Japanese Candlestick.
CANDLESTICK TECHNICAL ANALYSIS CHART: Japanese Candlestick is a short term timing technique that generates signals based on the relationship between open; high; low and close prices. it is known to generate more trading opportunities than any known trading plan.
There are several indicators for trading the forex market, with over 800 expert advisor indicators, but using too many or wrong indicators is counterproductive, as the information that those indicators provide are quite misleading, hence I will limit you to learn Forex Trading with the best strategies and systems in the forex market. Therefore I will concern us with very few indicators. In the course of my series of post, I will touch some other good expert advisor indicators with signals and buyable indicators to improve your trading.
MOVING AVERAGES: Moving Averages are the most popular and easy to use technical indicators. They make it easier to spot the trend, which is very helpful in volatile markets. They are like foundation blocks for many other technical indicators.
There are three distinctive Moving Averages, Moving Average Convergence MACD;Simple Moving Average SMA and Exponential Moving Average EMA.
Moving Average Convergence 'MACD' as it's commonly called is an oscillator that is capable of measuring the market momemtum and equally follow the trend. MACD is designed to generate the buy and sell signals. A buy signal occurs when the MACD line crosses from below to above the signal line, while a sell signal occurs when the MACD line crosses from above to below the signal line.
SIMPLE MOVING AVERAGE: This is formed by computing the average price of a market over a period of time, the only problem is that it is lagging, it does not signal a change in trend on time.
EXPONENTIAL MOVING AVERAGE: EMA reduces the lagging in the Simple Moving Average SMA by applying more weight to recent prices. The shorter the EMA's period, the more weight that will be applied to the recent price. The most important thing is to have it in mind that EMA puts more weight on recent prices and this will make it react quicker to price changes on time than the Simple Moving Average
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