(by 29 people)
The 700-dollar lesson!!
I always had this desire to be a broker, mainly of the stock market variety. I started noticing ads for Forex all over the place. So my wife and I went to a Forex seminar to check it out. I loved it; it was something I thought I could do. The program was 3000 dollars to join, and we did not have the money to join. We could not afford it. I was upset, we were always broke!! That was one of the reasons why I was ready to try something new. "My wife said there is got to be a cheaper way to learn about investing in the forex". We decided we were going read, and do everything on your own.
So after a year of reading, and going on the Internet and learning what we can. We finally saved up 700 dollars and we were ready to go. We established a forex account, and the trading began. It was great knowing we could get up every morning having a chance at making some money. The first day we tried it; we made $51.14. "Yah baby" trading was on. Day 2 we made $23.62, it seemed all are hard work paid off. Then reality set in. We lost a lot after that, and in about 6 months we lost the 700 dollars we put in. This is where a lot of the books we read help us.
We were obviously pissed off!! But even in losing money we were learning from are mistakes, and knew we needed to learn more. So with in another year we managed to save more money, and do more studying in that time. Now we took on the challenge of doing not only Forex, but also the stock market to. We have a trading account for each. We are doing a lot better at trading now. Some day we will be doing this full-time. Glad we did not give up. Lots of times I read blogs about whatever business you are trying to run people, just give up. Don't give up!! If something does not work try something different, and be a little patient. Just never give up. I lost 700 dollars 3 years ago, now my account is up to
$3120.52 on my way to millions. I can't say it enough. Don't give up. Never give up!!
Need good tips.
Books to help you get rich.
THINK MONEY!!!!!!!!!!!!
Visualization of money is great!!!!!
- Visualization of money
- Watched this video for 2 weeks straight and, I came across an amazing money making opportunity.
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#1 Gold, #2 oil, #3 silver, #4 money. Is this the new order?
The new world order.
The new number 1# currency.
You need to invest.
Can be the next gold.
When the value rises?
Safety Stocks
Sometimes in a very crazy stock market, you have to do the safety dance. You need to find safe stocks, in the right sectors. Here are some sectors that usually don't get affected by a recession , and maybe even prosper in a slow market. Let's just call them recession-proof stocks, here is the list.1: Silver : In the modern age of technology, silver goes in everything. For example: cell phones, computers, blackberry, etc. And, of course, jewelry would be included in this sector.
2 : Oil : Most people complain about how oil companies are making money with high gas prices. Which, I agree is this case. But, here is how to take advantage of that. Buy oil stocks or oil industry-related stocks. If they are making money, so will you!
3: Alternative energy : I like solar energy. It is slowly, year after year, making money. It is beginning to catch on. As electric costs get higher, more people and companies are going solar. Be sure to keep a eye on the Hydrogen and Ethanol markets that are slowly emerging. I believe that this sector has a lot of versatility.
4: Gold : As long as the dollar is weak, gold will keep going up in price.
With the housing market, and the dollar being so bad. Right now might be the best time to buy stocks, there should be a lot of bargains out there. Do your homework, and there is a lot of money to be made.
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Hidden Treasures
There are a lot of hidden secrets in the the world that can change your life. The Forex (Foreign Exchange currency) market is a hidden secret that could help a lot of people, help themselves financially. It is a 24 hour market, so you have the ability to do it at your own convenience and at your own risk tolerance. You can do it from any where in the world, at home on your computer or anywhere that you have access to an internet connection. I am just surprised that more people don't know about this. I would like to see more people, at least, look into this. Just type in forex on your computer search engine, and at least look in to it. It might be for you. It has helped me a tremendously.Just think about waking up in the morning without having to worry about going out to a job. Wouldn't it be nice to go to your computer and work on your own business. The one thing about the forex market, that is great, is that it does not have to be in the morning. It can be anytime. That is what is great about a 24 hour market, you can work whatever time you want. Control of your own life is something that forex can give you.
Freedom is what forex can give you. You can even work full-time. While working part time on your forex account. You can learn and study in your spare time, most forex companies offer you practice accounts, so you can learn at your own pace. Combining investing in both the forex and the stock market will allow you to have 2 additional streams of potential income. This will give you a chance to be your own boss and, the best part, control your own time. I am not a forex salesperson, it just has helped me in my life. I believe it can help you, with a little hard work and studying. I think it can help anyone financially. Just give it a try, that way your are only accountable to yourself. It have got to be better than asking your boss for permission to use the bathroom. Be your own boss! You can do it.
Work smart, Not hard.
Reader Feedback
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dtbs
interesting lens! thanks for sharing this info! please check mine out at----------------> Kava Kava. Posted July 22, 2008 |
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richgerman
Hi! You are invited for the Virtual Book Launch Party! Posted July 19, 2008 |
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richgerman
Hi! You are invited for the Virtual Book Launch Party! Posted July 19, 2008 |
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richgerman
Hi! You are invited for the Virtual Book Launch Party! Posted July 19, 2008 |
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Ileneonhealth
Great lens. Keep up the good work! Posted July 10, 2008 |
