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Two Sure Things About the Market (That Can Make You Wealthy)
There are two eternal truths about the stock market:
- Unexpected good news about a company almost ALWAYS drives the price up
- That good news doesn't make the share price stay up for long
Now… let me show you a simple system that can help you to make an absolute fortune with this information. People who are using this system properly make several profitable trades almost EVERY day the market is open.
http://www.isecureonline.com/Reports/700SSTS/E700FC63/
"Guard well your spare moments. They are like uncut diamonds. Discard them and their value will never be known. Improve them and they will become the brightest gems in a useful life."
- Ralph Waldo Emerson
Increase Your Income by 25% in 2006
By Michael Masterson
Today, you are going to make a commitment to make more money.
That doesn't sound like a bad idea, does it? If you are ambivalent (see Word to the Wise, below), consider this: The only way to be truly independent - to not have to rely on relatives, friends, and the government for material support - is to have a good deal of money sitting somewhere, earning interest for you.
But how are you going to put away "a good deal" of money? If you believe in the millionaire-next-door myth, you'll answer: "By scrimping and saving!" But did you know that most studies that tout "the miracle of compound interest" take place over 30 or 40 years? Who wants to wait 30 or 40 years to get wealthy? Who can?
As I explain in my book Automatic Wealth, the only way an average income earner can set aside a lot of money is to earn a lot of money. Are you earning a lot of money now? Would you like to earn more?
I hope so, because with the war against Iraq, the decline of the dollar, and the overvaluation of the stock market, our economy is straining at the seams. If air starts coming out - and it may happen this year - taxes will be higher and net income, overall, will be lower.
Your best defense is a proactive strike on the income side - by making a commitment to earn more money.
How about promising to boost your family income - the amount of money you bring home - by between 10% and 25% this year? If your family income is now $80,000, for example, set a target of between $88,000 and $100,000.
If you accomplish this goal, you'll not only be richer, you'll also be in a much better position to make more money the following year. Each time you boost your income, you develop knowledge, strategies, networks, and habits that make it easier to boost your income in the future.
You don't need too many years of 10% - 25% increases before you are solidly on the road to financial independence. In fact, at some point in time (and it will probably come sooner than you think if you get serious about this commitment), you won't have to think about your income at all. It will be plenty big enough to take care of all your material needs and fantasies ... and you'll have enough going to savings to ensure a safe and comfortable "retirement."
Increasing your income requires work, but it is not complex. There are two ways to do it - and you can (and should) do both at the same time.
1. You can persuade the company you work for to pay you more.
2. You can develop "extra" streams of income by working part-time or on the weekends, by investing in real estate, and/or by starting your own home-based business.
1. Get a Salary Increase in 2006
How do you get your boss to give you a substantial raise this year? There is only one way: You have to make yourself more valuable to the success of the business. Businesses are built to create profits. So if you want to be more valuable to your business, you have to find a way to directly contribute to the bottom line.
The four most common ways are:
If you are a salesperson now, you know how to earn more money as a salesperson: Increase your sales. To do that, you must improve your selling skills, make more contacts, and provide better service to your customers. In ETR, we regularly talk about how to do all of those things.
If you are currently in marketing, make yourself a promise to become your company's No. 1 "marketing genius" this year. You can accomplish this with relative ease by mastering direct marketing. And you can do that by joining Agora Learning Institute's Direct Marketing University. While you are doing that, attend seminars on advertising and copywriting. Listen to tapes. Speak to the best marketers and profit-center managers in your business. Network with successful people from other businesses.
If you are not in product development, you should become known as a creator of more "profitable" products. I emphasize the word "profitable" to make a point: It doesn't matter what you think of the products you make; it's the customers' opinions (demonstrated by their purchases) that matter. Start the new year with a clean creative slate. Ask yourself, "What's the single most profitable product I could possibly create this year?"
Think about what your customers dream about (or worry about) at night. Making your business better is all about paying attention to the customers. Start with them.
The main point is this: You are going to make more money this year, because you are going to get better at selling, marketing, creating products, and/or managing the production of profits - both for the business that employs you ... and for another little venture of your own.
2. Develop Multiple Streams Of Income
It's appealing to think that you can earn an extra $10,000 to $100,000 a year in your spare time - and you can. But there's a risk involved. The risk is that you'll subvert your primary career. That you'll blow your chances of becoming a top earner at the company you currently work for by spending too much time thinking about other, smaller ventures.
You can avoid that by:
1. Setting priorities. Until you quit your day job, that's No. 1.
2. Keeping the first part of today's resolution - making yourself more valuable to the success of the business you're currently working for. You won't have to worry about how much time to devote to this as opposed to that if you continue to focus on directly contributing to the profits of your employer. Do that and you'll have the best of both worlds - a boss who needs you (and pays you well) ... and an opportunity to do something else.
There are several ways to supplement your income.
1. You can buy and sell real estate.
2. You can invest in stocks.
3. You can start your own side business.
Starting tomorrow, these are some of the subjects we'll be covering to help you refine your goals for 2006.
I know and trust the people you will be hearing from. They have walked the walk and now they are going to let you benefit from their experience. If you are looking to increase your income in 2006, I advise you to take advantage of what they have to say.
Today's Resolution
Promise yourself that you are going to boost your income by 10% - 25% this year. And make it happen by using ETR's goal-setting system to establish monthly and weekly objectives for (1) getting your boss to give you a big raise, and (2) starting a little something "on the side."
1. Let your boss know right now that you intend to make a bigger contribution to the company's profits this year - and ask him to give you some assignments that will help you do it. (No need to tell him you're shooting for a higher salary. He'll understand.)
Do the work you are doing now better. And do the new work - the assignments that will prove your mettle - like a tiger.
2. Pay close attention to the ideas for supplementing your salary that you'll be reading about in ETR. At least one of them will be right for you - an additional stream of income that you can start working on immediately.
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Setting Goals --And Sticking To Them - Will Help You Achieve Financial Independence
Don’t take our word for it. That’s the headline from an AP article than ran in hundreds of newspapers across the nation last week.
"This is definitely the time of year to get things started," was how Barry Armstrong, a Boston financial planner with Woodbury Financial Services put it.
"For some people, it's a bitter message. There are things that you don't like doing. But they have to be done."
Former waitress Pamela Newman went from hand-to-mouth living to owning two condominiums in the San Diego area. What did it take? Resolve.
Resolve to make 2006 the year you kick it up a notch. Here’s how:
http://www.isecureonline.com/Reports/700SGB/E700G115/
Less Is More
When it comes to exercise, conventional wisdom says that "more is better." But in his book The Doctor's Heart Cure, Dr. Al Sears demolishes this myth, showing that long cardio workouts are not only a waste of time, they can actually cause health problems. Instead, with his PACE Program, you put the emphasis on the intensity of your exercise rather than duration. Yesterday, I recommended that you make doing this one of your health resolutions for 2006 - and I hope you did. Not only will you improve your heart and lung capacity and your overall health, but it's the best way I know to shed fat quickly.
I followed Dr. Sears' PACE Program last year, and the results were amazing. I rarely worked out for more than 20 or 30 minutes, yet I attained a high level of fitness and 10% bodyfat. But mine is by no means the only success story. Here is a letter I received from ETR reader KL in Florida ...
"I work out regularly and my weight has never fluctuated more than a few pounds. So imagine my surprise when I mysteriously put on 15 pounds - more than 15% of my bodyweight - in just a few months. I wasn't eating any differently or exercising less, so I had no idea of the cause - until I read Dr. Sears' book.
"I used to do what I call "high-low" exercise. In other words, I would exercise in short intense bursts, then rest and repeat. But I made a change when I read something that said long, slow workouts are better - and that's when I put on fat. When I read Dr. Sears' book, I learned that long duration cardio sends a signal to the body that you NEED fat, so the body holds onto it. When I began to follow his program, not only did I cut my exercise time in half, but my slim figure returned in less than a month."
For a complete explanation of why the PACE Program works, read Dr. Sears' book. You'll be glad you did.
- Jon Herring
Quick Tip: Driving Traffic to Your Website
One great way to get potential customers to your website is to (1) write articles related to the product/service you're selling, and (2) get those articles published on other websites that your prospects are likely to visit. (Sites all over the Web are hungry for content.) Just make sure your byline or blurb at the end of the article includes a link to your website. Check out www.ezinearticles.com to see how it's done.
- Ilise Benun
[Ed. Note: Ilise Benun is an expert in the art of self-promotion. Sign up for her e-mail tips from Marketing Mentor here: www.marketing-mentortips.com.]
It's Good to Know: The Physics of Snowflakes
Snow can form at temperatures as warm as 32 degrees F. Snowflakes produced at this temperature usually look like thin hexagonal plates. A drop of a few degrees, and they develop as needles or hollow columns. Only when the temperature drops to between 10 and 3 degrees F will you see the intricate, lacy shapes that we think of when we think of snowflakes.
The more a developing snowflake is exposed to humidity and wind, the more elaborate it becomes. And the more elaborate it becomes, the heavier it gets ... until it falls out of the clouds and onto a gloved finger or a waiting tongue.
For more information about the physics of snowflake formation, get a copy of The Snowflake: Winter's Secret by Kenneth Libbrecht and Patricia Rasmussen.
- Suzanne Richardson
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Pray That Your Competitor Doesn't Find Out
About This System Ahead Of You
You name it, Jay Abraham can sell it better, faster, more profitably and easily than anyone else. He knows nearly 100 different ways (you don't know) to more successfully sell your products or service - offline or online! He knows over 50 ways to make more money from the same effort, time and opportunity just by changing the marketing strategy and approach you follow.
Jay knows how to give away free information and turn all your inquiries into millions or tens of millions of dollars in your bank account. He knows how you can buy your other competitor's business, using no money out of your pockets and never bear any downside risk.
Anthony Robbins says, "One idea Jay gave me in the first hour increased our company's marketing effectiveness by more than 100%. Jay is phenomenal, amazing."
I'm talking about the opportunity for you to profit massively. I'm also talking about the once-in a lifetime chance to learn Jay's very best $5,000-an-hour, fortune building business secrets.
http://www.isecureonline.com/Reports/700SJABG/E700FC50/
Word
to the Wise: Ambivalence
"Ambivalence" (am-BIV-uh-luns) is the coexistence of opposing attitudes or feelings toward a person, an object, or an idea. The word is derived from the Latin "valere" ("to be strong").
Example (as I used it today): "If you are ambivalent [about the idea of making more money], consider this: The only way to be truly independent - to not have to rely on relatives, friends, and the government for material support - is to have a good deal of money sitting somewhere, earning interest for you. "
