January 10, 2010 | Posted by mybj
Your believe about money determine how money enter or leave your life because the thoughts that settled in peoples subconscious mindset either negative or positive will dictates and direct their behavior and lifestyle.
A negative thought about money that is repeatedly passed into the subconscious mind will definitely form a negative perception about money which will become your habit because the subconscious mind runs your life for you and it has been building habits for you perfectly since the day you were born.
To attract money to your life you have to be careful with the kind of words you say as we all know that words are seeds. The reality of your life today is the harvest of the seeds you sowed with your mouth yesterday. The reality of your life tomorrow will be the harvest of the seeds you are sowing with your mouth today. Watch your words!
Today lot of negative beliefs have settled down in many people’s subconscious mind, thereby dictating their lives in relationship to money. They believe themselves doomed to poverty and failure, because of some strange force over which they have no control. They are the creators of their own misfortunes because of these negative beliefs which is picked up by the subconscious mind and translated into its physical equivalent.
Your belief in relation to money money can limit how much of it you can get. Therefore the more you have negative belief about money the poorer you become but the more you do away with these negative thoughts the richer you become.
Below are some stated lies and truth about money.
Lies About Money 1.Lie: Some people say money is not important. This statement is lie which can make poorer.
Truth: Money is very important that we all need it. Nobody want admit they care about it and we all wish to have more.
2. Lie: money is evil, money is bad, and can destroy people`s life. This thinking can make you poorer.
Truth: money is neither evil nor good. It takes the character of the person spending it and by so doing is moral. Money in the hand of drug addict is used for drugs, and using for drug is bad. While money in the hand of pastor and used for God`s work is good money
3. Lie: Money will solve your poverty problems. Money will take your lack away.
Truth: One of the biggest problems money cannot solve is poverty. Thinking otherwise is a big lie and, infact one of the biggest lie about money that people believe about money. All the money in the world if given to you will not solve your poverty problems. Because money will finish and you will still need more.Rather,its money making abilities and financial education that will solve your poverty problems, because if you used the money and it finishes then you can make another one. Money only creates more poor people and keep and keep people poorer longer. The only solution is money making abilities and financial education, the more your financial education increases, the more you see money with your mind in form of opportunities. If money only could solve poverty problems, all the Central Bank need to do is to print money that will circulate everybody.
4. Lie : Money never hurt anyone
Truth : Research has shown that injuries can be sustained when loss of money occur and that can kill anybody if care is not taken. It hurts when people loss money money and it happens to be a big sum money. That is why should always investigate before you invest.
5. Lie : Money never affects you.
Truth: Money affects you.Infact research shows that men fear poverty or lack of money than death. The reason why you shout at your relatives, children,wife,friends when you don’t have money is because money affects you.
6. Lie: Some are destined or favored for wealth and some are destined for poverty.
Truth : God has given all of us the same 24 hours in a day and same abilities and advantages to make money. Just learn how to go about your own.
7. Lie : God does not want you to be financially prosperous.
Truth : No one has been so misunderstood as God. God created you for good ,to be financially prosperous is one of his aims for you. God has not created you for poverty. So stop believing a lie.
8. Lie : There not you can do about your financial situation.
Truth : This is a lie, there are so many thinks you can do about your financial situation. Poverty is a choice. Lack is a choice. And prosperity is choice you make. You can choose the one you like. You can not be better than your choice.
9. Lie: I will just get rich the day my luck comes.
Truth: Wealth is not made one day. It is built over a period of time.You cannot get rich suddenly, you can only get rich slowly. And any time you are trying to get rich suddenly you lose more money and come back to point zero,that is even if you will not start having consultations with EFCC.
10.Lie : Money is the root of all evil
To find out more how you can attract money to yourself through a simple way that anybody from anywhere in the world can do click here
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July 15, 2009 | Posted by mybj
The first step for you to understand the stock market is to understand stocks.
A share of stock is the smallest unit of ownership in a company. If you own a share of a company’s stock, you are a part owner of the company.
You have the right to vote on members of the board of directors and other important matters before the company. If the company distributes profits to shareholders, you will likely receive a proportionate share.
One of the unique features of stock ownership is the notion of limited liability. If the company loses a lawsuit and must pay a huge judgment, the worse that can happen is your stock becomes worthless. The creditors can’t come after your personal assets. That’s not necessarily true in private-held companies.
There are two types of stock:
• Common stock
• Preferred stock
Most of the stock held by individuals is common stock.
Common Stock
Common stock represents the majority of stock held by the public. It has voting rights, along with the right to share in dividends.
When you hear or read about “stocks” being up or down, it always refers to common stock.
Preferred Stock
Despite its name, preferred stock has fewer rights than common stock, except in one important area – dividends. Companies that issue preferred stocks usually pay consistent dividends and preferred stock has first call on dividends over common stock.
Investors buy preferred stock for its current income from dividends, so look for companies that make big profits to use preferred stock to return some of those profits via dividends.
Liquidity
Another benefit of common stocks is that they are highly liquid for the most part. Small and/or obscure companies may not trade frequently, but most of the larger companies trade daily creating an opportunity to buy or sell shares.
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July 5, 2009 | Posted by mybj
There are different categories of shares, which penny stock is one. Penny stock can also be called minor, micro-cap stock, ministock, low price stock. These are stock that usually, their price is or less than 5 naira in the stock market.
One of the most interesting investments are penny stock, but sometime appear to be little risky. Some investor try to stay away from them.However,there is great opportunity to make good money with penny stock, if you can consider the following steps
- Since penny stocks are shares that are traded at or below 5 naira with several of them on the exchange both new and old companies. Focus on the newer companies rather than the established businesses that there prices are low and traded just because there fundamentals are not good enough. Therefore select companies that are new and growing instead of established ones whose stock are cheap base on struggle. The question is how you spot the companies to buy? Definitely, this is a big question! But not too worry keep reading.
- Do industrial check by examine the industry that the business is in is a crucial first stage. Consider whether a new business into the industry will succeed base on the level of competition that exist. This is a broad look at the industry to ensure that organization is in an area that affords them the opportunity to be a success.
- How do you see the management of the business and the business itself? It is very important to analyze what the business offers it customers and check to determine if the product features differs from what competitors in the industry are offering. You should effort to spot or locate companies that either produce a unique product or service that differentiate themselves by having some different factors such as price. Then if the company or organization provides something that is not just like what everyone else has then the business is a great deal to more likely to get additional sales.
- How is the business being finance? You should also take a look at finance of the organization, although it might show no earnings, this should not automatically scare you away if notice such. It is often the case with up and coming organization .Not withstanding you need to see that the business has funds available to them or credit so that the company can move forward with their plans.
- Lastly, the kind of in formations coming from the organization. Look for stock of company that maintains strong communication with shareholders. When you can read periodic update from the business, either on a website or some type of news letter , you can keep up exactly what is happening within the organization.
With penny stock you can make great return on investment if the company begins to enjoy some success. By using these steps you can chose a strong penny stock that you can make some unbelievable money. CLICK HERE TO VOTE FOR THIS SITENOTICE
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June 30, 2009 | Posted by mybj
Investment is an act that demands the release of resources in form of seed money with the aim of reaping future returns just like the seed that is to be planted, it must pass various processes. To start stock trading or investment you must start by learning how to and when to buy or sell a stock through both fundamental and technical analysis.
The stock market is where you can make your money work for you, only if you fully understand how to play the market because of the major reason or purpose of the stock market is to allow investor to trade at a profit. But how much you will be able to able to make trading the stock market depends largely on the quality of information you have and the application. It is not the stock or equity on the floor that gives you or determines your return on investment is the information regarding particular equity and the timing. For example if FBN declares dividend and bonus, those that are first to have the information will quickly enter the stock to take position before the price start upward movement. . Obviously, if you’re the last one in, you’ll buy at the highest price and then watch the stock price go down.
Therefore to make good return in stock trading, you need to learn how to acquire and use information to your advantage .The two basic methods of picking stocks either fundamental or technical analysis requires in formations. Unless you want to trade like a gambler that you might not use any of the two methods. But for an intelligent investor, for example might use fundamental analysis which is base on the company’s record history to know how viable or reliable the stock is. Or the technical analysis that looks at previous price movement to know the price volatility and trend. Both the history and stock price movement are all basic information’s necessary to succeed in stock trading.
The extend to which your money will work for you in the stock market is not just the information alone ,but also how it is being apply. Sometimes the information might affect the equity positively or negatively hence the stock price. So your ability to determine the kind of impact of the information or news on particular stock or industry will affect you returns on investment greatly. The more valid information you employ, the better.
Today many peoples finance are not doing any work, it could be struggling in one spot ,sweating or staining as the case may be but without appreciable returns, no dividend and no bonus. In such case work done amount to zero. Many repeat this process from January to December year in year out due to misinformation or rumors.
The basic forces that drives the market are rumors and information, but in a situation where the right information is not coming from the quoted companies on the exchange, romous thrives and that it might be negative. Therefore the entire market relied on information and as such investors should work with that to maximize return.
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June 21, 2009 | Posted by mybj
In stock trading, the trend or price movement is important as fundamentals of the market or companies to discerning investor in any market situation.Good investment decision in stock trading that will be profitable are hinge on the current trend which influences the entry and exit strategies at any given time. A clear understanding of the market trend will help investors to maximize returns and reduce losses .This is because any notable trend in any market of the world is being propelled by a particular factors which might be in favors or against the market Intelligent investors that really understand and know the implication of the up and down market trend in any stock market will accumulate more share at low price knowing that the bearish session would not last forever, more especially when the price earning ratios of the quoted companies were very low. With this low ratios the risk level are also low since the dividend yield of most the companies that are on the floor of Nigeria stock exchange are very high and attractive. Investor should not just look at low the price but also the earnings of the companies. During the market crash this year most or almost all the equities hit their lowest price more especially the banking equities, insurance foot and beverages and the investors that took decisions to buy, made good investment decision. They will sure smile to the bank because of their understanding of trend in stock market. Investors should always watch and enter equities that have good fundamentals which the earning will soon be release to the market. The banking sector boosted the activities on the exchange with impressive result from the industry as volumes and numbers of the transactions have increased, despite the fact that profit are being taken, the sector still command volumes. These suggest those investors are much interested in this market. Gradually confidence has returned to market. More impressive full year and quarterly earnings that are made available to the market will drive the activities the more on the floor hence price movement. Therefore any investor that understands implications or effect of good earnings on the price movement will know when to enter and exit a stock by implementing the market trend profit strategy. The current market price of the stock is too bad for short term trading as the market is still oscillating
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