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[ad_1] Financial freedom is probably near the top of every person"s wish list. No one wants to spend his entire life working a job he doesn"t like simply because he needed the money. However, despite the unanimous opinion that this type of freedom is something to be sought after, majority of the people living today are not working towards it - either because they don"t know how, or because they don"t think it is feasible in their own lives. But financial independence is always a possibility to those who understand the process of wealth creation. The formula is simple: earn more than you spend, and save the rest for future investments that may lead to passive income. This simple formula is easier said than done though. There are plenty of obstacles that may hinder you from reaching your goals. If you want to be wealthy you have to know what these obstacles are and you have to find ways to avoid them. Here are a few obstacles that you"d best avoid: 1. Debt The mo...

[ad_1] The quickest ways to make money may not at all be what you think. You"re probably thinking about doing something such as mowing grass for the neighbors, raking leaves, and shoveling snow. Although these are great ways to make money in very little time, there are plenty of other ways as well. First of all, what can you do? What are you good at? Think in terms of what you can do on a computer because, really, you want to be able to use your existing skills to do something from home. That"s everyone"s dream, right? Of course it is! So check out Craigslist and some of the freelance job boards. Now, freelance job boards don"t consist of just freelance writing jobs. You will also find data entry and various clerical jobs. You may even find positions as a virtual assistant. Basically, you can have the work done in a matter of days and have your money in your hand not long after that. It is rather quick. The quicker you do the work, the faster you"ll have the mo...

[ad_1] Fellow Patriots! Good afternoon, and welcome to our tea party! Let me begin with a quote from Thomas Jefferson: "When governments fear people, there is liberty. When the people fear the government, there is tyranny." At our tea party today, we are letting our government know that we do not fear it, and that we taxpayers will do whatever it takes to preserve our liberty. I was asked to talk today about the massive expansion in government spending and taxation. I will explain why you should care about it, and how much of a threat it is to our way of life. Let"s review recent spending programs implemented by the federal government: · $700 billion for TARP I · $750 billion for TARP II · $819 billion for the Stimulus Bill · $410 billion for the Omnibus Spending Bill (with 9000 earmarks for special interests) · $3.6 trillion for the annual budget And that"s just domestic spending! At the recent G20 summit, Obama committed America to huge overseas spending, incl...

[ad_1] The quickest ways to make money may not at all be what you think. You"re probably thinking about doing something such as mowing grass for the neighbors, raking leaves, and shoveling snow. Although these are great ways to make money in very little time, there are plenty of other ways as well. First of all, what can you do? What are you good at? Think in terms of what you can do on a computer because, really, you want to be able to use your existing skills to do something from home. That"s everyone"s dream, right? Of course it is! So check out Craigslist and some of the freelance job boards. Now, freelance job boards don"t consist of just freelance writing jobs. You will also find data entry and various clerical jobs. You may even find positions as a virtual assistant. Basically, you can have the work done in a matter of days and have your money in your hand not long after that. It is rather quick. The quicker you do the work, the faster you"ll have the mo...

[ad_1] For private investors, the spot price of gold effectively determines how much gold is worth. The spot price is the price at which gold is traded at a particular point in time and location for immediate delivery. Note however, that the when it comes to buying and selling, the buy price will always be slightly more than the spot price and the sell price will be slightly less. This "spread" represents the costs and profit margin of the broker. Other than the standard economic fundamentals of supply and demand, the gold price is affected by other important factors such as oil prices, interest rates, the $USD index, central bank involvement and geo-political tensions to various degrees. Like all other stocks and commodities, how much gold is worth is determined on exchanges. However, not all bullion trading exchanges are created equal. The two most critical exchanges are the LBMA in London and the COMEX in New York. Between these two financial centers, gold sees most of its...

[ad_1] I am going to assume you don"t want to break the law or rob a bank, because as quickly as it could make you wealthy to rob your local casino, it is just not the right thing to do. I will also assume you don"t want to marry money or hope for a winning lottery ticket, what I am going to propose is a sound and hopefully rational explanation of the quickest way to make money on Earth. First, I want to introduce you to the three types of money. Time money, Credit money and Solutions money. All three of these are ways to get money. Time money is connected to time and is typically offered in a job. You work 8 hours, you get 8 hours pay. The very next day you start from scratch, the work you did yesterday has been paid for and you will never earn for those 8 hours of work ever again. The next is credit money and this type of money trades tomorrows hours of work today. Typically, you can only get credit money, if you can prove you work in a job and have access to time money. So...

[ad_1] Today"s uncertain economic factors have leading investment advisors enthusiastically recommending the purchase of precious metals such as 1000 Oz silver bars. In a time when owning tangible assets is viewed as a necessary part of any investment strategy, wise investors are buying larger bars like the 1000 ounce silver bullion bar because they offer the lowest markup over the spot price of silver. These 1000 Oz bars are poured from Troy silver with bars normally weighing from 950 ounces to 1075 ounces, or roughly 70 pounds. Each bar is individually weighed and stamped with the exact weight, the purity and the hallmark of the company that produces it. There are several private companies that offer the 1000 oz silver bar for sale, guaranteeing their weight and purity and shipping them via insured carriers. These larger sized bars may be received and stored personally by the investor or shipped to a secure precious metals repository for safekeeping. The most popular 1000 oz sil...

[ad_1] What is the 40 percent rule? Well for starters it is a game changer when it come to building wealth. I have read over 100 books on investing and personal finance. I do not recall coming across the 40 percent rule. I discovered the rule by reading The Millionaire Playbook, by Grant Cardone. I got excited when I read it. It gives a different perspective on building wealth. An aggressive game plan to help you become a millionaire. One concept is saving to invest. Not saving to save. That"s where the 40% rule comes in. Save 40% of your gross income and put it into your "Sacred Accounts" until you are ready to invest it to create more income. Sacred accounts are accounts where you never touch the money. 40% of your income is some major cheese from your paycheck. That is a huge lifestyle change especially if you are living paycheck to paycheck and in major debt. This will leave you broke most of the time but it is how the wealthy build their wealth. This is how the w...

[ad_1] If you are a technology reader, you know about the new type of currency that has been created. You may have read about Bitcoin for instance. If you have not gone into the details, you may be asking yourself questions about the benefits of this digital currency. If you have no idea about it, you should read this article. The Benefits of Digital Currency Inexpensive transactions The transaction fees with digital currency are a lot lower than the transactions made with PayPal or credit cards. At times, you don"t have to pay any transaction fee. So, this saves you plenty of money. No fees for international transfers Since digital money is used on the Net, no borders are involved. Typically, you have to pay fees should you want to send money abroad, which excludes the costs for currency conversion. On the other hand, sending digital currency to anywhere in the world costs nothing. You will pay nothing as long as you can wait for a while for the currency to be sent. No Account fe...

[ad_1] Today"s uncertain economic factors have leading investment advisors enthusiastically recommending the purchase of precious metals such as 1000 Oz silver bars. In a time when owning tangible assets is viewed as a necessary part of any investment strategy, wise investors are buying larger bars like the 1000 ounce silver bullion bar because they offer the lowest markup over the spot price of silver. These 1000 Oz bars are poured from Troy silver with bars normally weighing from 950 ounces to 1075 ounces, or roughly 70 pounds. Each bar is individually weighed and stamped with the exact weight, the purity and the hallmark of the company that produces it. There are several private companies that offer the 1000 oz silver bar for sale, guaranteeing their weight and purity and shipping them via insured carriers. These larger sized bars may be received and stored personally by the investor or shipped to a secure precious metals repository for safekeeping. The most popular 1000 oz sil...

[ad_1] A commonly asked question on renko charts is whether you need to have additional indicators to trade on the chart. And if yes, what are those indicators that are best suited to trade with renko charts. As you might know, renko charts are strictly based on price. Time, which is plotted on the x-axis, is irrelevant when it comes to this unconventional chart type. Based on the number of pips price move, which can be determined by yourself, the renko bricks plot the price bricks accordingly. You might know that probably the best indicator is price itself. Therefore, by determining the price action and the patterns that are formed, traders don"t really need to have any further indicators to be used. Depending on your level of understanding of the financial markets, such as identifying trends, highs/lows formed in price, the retracements and so on, traders have a higher chance of capturing prices at a good level to enter into the trend. Even without using indicators, renko charts...

[ad_1] Introducing a new trend line EA tool released for the forex Meta-trader 4 trading platform. This software comes with technical and sales support for its community. How Trend Line EA Works You draw lines in the chart manually and when price breaks across or touches the line, the action will instruct EA to execute a trade entry. Forex users can open market orders or pending orders with this EA. Drawn trend-line can be horizontal, vertical lines or any in between. Drawn lines with any gradient can still act as a pending order. This feature is very useful in channel or trendline trading as this powerful feature is not found in the standard function of Meta-Trader 4 trading platform. Drawing a Pending Order In order to program the drawn lines to perform trade entries, the lines must have specific codes at its line description. You can easily refer to the guidebook to copy and paste the codes into the line description. Placing a buy pending order can be as easy as entering "BUY...

[ad_1] Money is power; it can be a vital source of happiness and a paramount entity for some people. The gurus can give you hundreds of secrets to becoming wealthy. But, the catch to the "get rich soon" equation is simply a law of attraction. On the contrary, some people ruin their lives by becoming hungry for money that results in destroying and harming themselves and others. Although, a healthy monetary asset is essential to survive in the world, which also demands a comprehensive understanding of how the money game operates. We leave you with 7 wealth secrets that will enhance your income: Acceptance: Firstly, to understand the game, it is vital that you acknowledge the universal truth, which is to acquire heaps of money. Once the mindset changes, you can strive to make your first million. Setting smaller and achievable goals can help you get focused. Don"t be Negative about it: Secondly, try not to utter phrases like "I am poor". Picturing yourself to be ri...

[ad_1] FAP Turbo is the only Forex Trading system that have been dominating the market for more then a year non-stop. FAP Turbo Forex Trading System it the only one which: a. Holds a confirmable and superb record history on their site. b. been screened and received 5 star rating. c. demonstrated multiple accounts with real money on their main page which was updated on hourly basis. (proving that its the best) d. you can start trading with measly $100 and work your way upto thousands. e. FAP Turbo executes multiple trades at any given time hence banking more then any other system cause it cashes the chance given and never misses out! f. Has an advanced system which protects your account and keeps on cutting the losses and increasing the profit. FAP Turbo is the most fast and accurate system with great ratio of winning trades. It executes as many trades as it evaluates will be the winning trades and makes you money 24/7 even while you sleep. Most other systems are just lame. While testin...

[ad_1] Forex trading is getting more and more popular among retail traders. Every day we see advertising on television and online. The truth is that Forex trading is not an easy task to do is very obvious for those who have been trading currencies for at least few months. Everyone will agree that it is hard to fight against the huge Foreign Exchange market. And it is even more harder to earn money in Forex trading in the long run. That is why 95% of the Forex traders are struggling to find that "holy grail" trading system, Forex robot or Forex signal service that earns money in the long run. If you happen to have profitable trading experience you can sell it to people. Having your own customers will give you much more revenue that you could imagine. A small Forex signal website business with only 10 customers paying a small $100 USD monthly fee would generate you $1000 USD profit each month. Get yourself 100 customers and you have $10,000 USD income every month. Yes, it is th...

[ad_1] With the price of gold hitting record highs (almost on a daily basis!) it"s more important than ever to be a smart gold bullion shopper. Arguably, the most popular gold bullion coin is the American Gold Eagle. The coin has its ownership advantages such as liquidity, worldwide recognition, and a U.S. Government guarantee, for example. But is it the cheapest gold coin to buy now? Does it have the lowest premium over other popular gold bullion coins? Read on and find out... In a gold bull market, your ultimate goal is to own as many units as possible at the peak of the bull market. In order to do so, you want to purchase the most gold for your money at any given time. To achieve this goal, you will want to buy the gold coins with the lowest premium (cheapest!) at the time you are making your purchase. With the large variety of gold bullion coins available for sale, how do you determine which is the cheapest one to buy? Here"s how you calculate the premiums on gold coins: ...

[ad_1] Price action is the oldest strategy in the world of forex trading. It"s a trading method is of the technical analysis type. It seems ridiculous that the old strategy going is unknown to so many. Ask some of today"s new traders what price action is and they"ll look at you blankly. A few may have heard of it, but you can practically guarantee that no one will know how it works. Todays modern forex market is basically run by robots. Indicators are used which tell you when to buy and sell, with stunning unreliability. The trading community has definitely become lazy. The principal of this method is very simple. It tells you the current trends and predicts the way the prices will move in the near future. When the stock exchange first opened its doors, all traders used this method to buy and sell. Jesse Livermore was a legendary trader at the beginning of the twentieth century, and the only system he ever used was price action. Why have things changed so drastically? By...

[ad_1] A frequently asked question regarding Renko Charting is "do I need any additional indicators, and if so, which ones work best with Renko Charts?" The purpose of this article is to identify and examine those indicators which best complement the Renko Charts. Renko charts are strictly price based charts, which means price must move a certain number of pips (which you determine for yourself when you load the indicator) before a new candle (bullish or bearish) will open up. Since current price action is the best indicator of future price movement, you could simply trade with nothing on your charts except Renko Candles (Boxes) and you could trade profitably in the long run. For instance, I have conducted my own study stretching back over the last 4 years of charts for the EUR/USD, and I made a startling discovery. I found that if you set your Renko Chart Box Size to 10 (meaning each Candle/Box is 10 pips in length) you have approximately a 78% chance that price will move an...

[ad_1] For a long time, little was known about online Forex trading. Mostly wealthier individuals and companies were the only ones investing because large amounts of money are needed to invest in order to actually make a profit. Now, however, many individuals are becoming interested in the online Forex trading market because it is an easy way to make money. A person can invest a smaller amount of money than larger companies and still make a small profit. They then choose to invest the same amount of money in addition to the profit they just made, and slowly work on building up their money so that they can invest larger sums of money. In order to trade in the Forex market, one must open up an account for the market, and having a broker is a necessity. There are several articles available online that can help individuals figure out all of the details about how to choose a broker and what they need to consider when opening up an account. For example, many brokers charge fees. For most, th...

[ad_1] A frequently asked question regarding Renko Charting is "do I need any additional indicators, and if so, which ones work best with Renko Charts?" The purpose of this article is to identify and examine those indicators which best complement the Renko Charts. Renko charts are strictly price based charts, which means price must move a certain number of pips (which you determine for yourself when you load the indicator) before a new candle (bullish or bearish) will open up. Since current price action is the best indicator of future price movement, you could simply trade with nothing on your charts except Renko Candles (Boxes) and you could trade profitably in the long run. For instance, I have conducted my own study stretching back over the last 4 years of charts for the EUR/USD, and I made a startling discovery. I found that if you set your Renko Chart Box Size to 10 (meaning each Candle/Box is 10 pips in length) you have approximately a 78% chance that price will move an...

[ad_1] Financial freedom is probably near the top of every person"s wish list. No one wants to spend his entire life working a job he doesn"t like simply because he needed the money. However, despite the unanimous opinion that this type of freedom is something to be sought after, majority of the people living today are not working towards it - either because they don"t know how, or because they don"t think it is feasible in their own lives. But financial independence is always a possibility to those who understand the process of wealth creation. The formula is simple: earn more than you spend, and save the rest for future investments that may lead to passive income. This simple formula is easier said than done though. There are plenty of obstacles that may hinder you from reaching your goals. If you want to be wealthy you have to know what these obstacles are and you have to find ways to avoid them. Here are a few obstacles that you"d best avoid: 1. Debt The mo...

[ad_1] Financial managers of Multinational companies constantly monitor exchange rates because their cash flows are highly reliant on currency rates. As economic conditions change, exchange rates can change substantially and adversely affect company"s value. Here we will review some factors that influence exchange rates. The first factor is inflation rate. Changes in inflation rates can affect international trade activity, which influences the demand for and supply of currencies and therefore influences exchange rates. For example a higher inflation rate in the UK compared to other countries will tend to reduce the value of pound because prices of goods and services in the UK are increasing at a comparatively quicker pace. These goods and services then appear more expensive in the eyes of foreigners, which in turn decreases demand for UK exports. Therefore there will be less demand for Pound Sterling. Also, UK consumers will find it more attractive to buy European imports. Therefo...

[ad_1] In order to reach ratified air and become a millionaire, I highly recommend you find yourself a millionaire mentor. Don not beat around the bush trying to find ways to become wealthy, instead find a millionaire mentor. Where do you find a millionaire mentor? Great question and I will address your important question. One of the best ways to find a millionaire mentor is to take the direct approach. Identify someone in your sphere of influence and or local community, call them and ask to take them to lunch or to have a cup of coffee. Perhaps you will contact a entrepreneur, doctor, lawyer, investment analyst, banker, or a CEO of a company. The bottom line is, there are a lot of millionaires and you simply have to take the initiative to schedule a meeting to network with and request they mentor you. It is understood it takes a team to become a millionaire. Ensure the first team member is a millionaire. Why? Where are you trying to get to? Millionaire status is the correct answer. Th...

[ad_1] There are basically 2 primary methods that Forex traders use to analyze the market. They are technical and fundamental analysis. Pure technical analysts will say that it is impossible to trade on the news, because the market moves so fast and whatever news out there the charts will tell you too. On the other hand, fundamentalists will say that only the news moves the market. Technical indicators are always the followers. So which methods should we use? To find out, let"s look at the pros and cons of both of these methods. Technical Analysis Technical analysis involves tracking past currency price movements and use indicators to help identify in which direction the current price may be heading. This analysis can be performed manually or automatically. Under the automated system traders use software (expert advisor) or robot to help them find trades and identify entry and exit points. Technical traders believe that all of the required information needed to place a trade is co...

[ad_1] Most people lose all their money in forex, at least the first few times they load up their live account and try to profit from platforms trading. They start out with demo accounts with the platform, most probably with Meta-Trader 4 as it is the most widely used and they practice varying strategies and at least master the basics of platforms trading like opening and closing trades. The first thing that strikes people when they go live is that all their cool handed emotions that were under control with their demo account has flown straight out the window and change into a completely different person. They start smoking 2 cigarettes at the same time and cannot leave the screen to eat of visit the toilet. Certainly going live even with a tiny $200 account is a very emotional awakening. In no time at all, they"ve lost all their money and don"t have enough equity in the account to open even a single micro-lot trade. But even if the emotions were not a problem, the true reaso...

[ad_1] At a recent public book reading in New York, in response to a question from a child, JK Rowling, author of the extremely popular "Harry Potter" series of books recently stated that Dumbledore, headmaster of Harry"s school and Harry"s staunchest and most powerful supporter was gay. In general, gay adult sexuality is not a normal topic for children"s works. Because the books are principally targeted at children, and the fact that no trace of this situation was made plain in any of the books, the declaration shocked and disappointed many readers. There was a definite outcry from fans forced to completely re-think the motivations and actions of one of the most beloved characters in the story line. Rowling responded to the objections, commenting: "He is my character. He is what he is and I have the right to say what I say about him." Others simply took this odd retroactive statement to be a publicity-scooping attempt to draw attention and increase b...

[ad_1] Two conflicting stories came out of a national paper this week. One announced that exporters are badly hurt by the appreciating peso while the other states that the Bangko Sentral ng Pilipinas (BSP) claims that the surging currency is beneficial to the Philippine economy. Those stories seem to tell the Filipinos that we cannot have our cake and eat it too. Whenever there is a good effect, there is a corresponding draw back. Let us take the first statement. There are two types of exporters. One is who imports raw materials, processes it and exports the finished product. The other is one who buys or produces the raw material locally, processes it and exports the result. In the first case, we export only labor. In the second, we export labor and raw material converted by labor into finished product. When the peso is weak, more pesos are spent to buy raw materials. The product is sold to earn a strong dollar. Then labor is paid in weak peso. When the peso is strong, there will be le...