What is making some people rich and other poor?
It's not the amount of money they make nor the number of cars they have.It's the way they spend their money.The poor and the middle class spend it all on liabilities, the rich are spending it for assets.
They are investing their money in assets which bring them more and more perpetual income.Investing means to buy things which bring money in your pocket. Everything else is spending and buying liabilities.
High Yield Investing... What's that?
Most people never touch high yield investments in their lives. These are the poor and the middle class. The middle class buys conventional investments - bank deposits, CDs or bonds, but usually don't go further.
High yield investing is everything which can achieve significantly better return than the conventional investments. It could be Stock Trading, Real Estate, Mutual Funds, Managed Accounts, Business or something else. It's not about how you call it. It's about how much you can make when you put your money to work for you.
The High Yield Investing Means High Risk
It's always like that in life. No pain, no gain. If you want your money to bring you good profits, you need to allow them play their game. The good investors know which opportunities are too risky for their goals or which are too conservative.
The good investor researches the best opportunities and knows when to enter and when to exit.The good investor does a lot of research.
The poor and the middle class work for money. The rich have their money work for them.
Tracking the Dow Movement On Tuesday 25/9/07
Overnight bears continue its exodus in the early open lasting for 7 minutes before a powerful spinning bottom was noticed at 9.45am.Thereafter the trend stabilised above the Moving average,a sure good sign that the bulls are in control.In the final minute were 3 ascending soldiers getting ready to move forward again tomorrow.
It's spinning again near the Moving Average.Time to move into position as it will cover back the previous day candlestick.