What Is “The Secret” To Finding Real Wealth?

by: John J. Lynch

Did you know that less than one percent of the people currently living on this planet account for almost twenty-five percent of ALL the wealth? These powerful people certainly don’t want you to know this...they want you to stay as mindless drones whose sole objective is to keep THEM wealthy. What is the secret this small fraction of the population knows that the rest do not?

If you haven't seen the movie "The Secret", I implore you to watch it! The Secret is the most powerful law in the universe! If you have already seen it, watch it again. To watch "The Secret" online, copy and paste this url into your browser; http://www.thesecret.tv/home.html

Or you can watch "The Secret" On Demand via cable and satellite for audiences in the United States and Canada.

This small minority of people who are currently pulling the strings on world politics and world economics have mastered The Secret. These are the same people who want The Secret banned like it was once banned hundreds of years ago. Now The Secret has been un-earthed for all to discover its tremendous power once again!

There also have been great leaders who have mastered The Secret and made positive contributions to all of humanity. Leaders like Albert Einstein, Abe Lincoln, and Mother Teresa to name a few.

We are now living in an exciting new age of technology where humanity can do incredible things. The brick and mortar corporations who once ruled our economy unequivocally over the little guy are slowly losing their death grip due to the astonishing power of the internet!

So what is this secret you ask? In a sentence; "The Secret Is The Law Of Attraction". Simply stated, you get what you wish for...or your thoughts dictate what you get in life. Your health is dictated by your thoughts as well as your wealth.

Think of your thoughts as little tiny magnets...the intensity of these tiny magnets or thoughts are in direct proportion to the emotions you attach to it. The stronger the magnet, the stronger the attraction. This explains why a lot of people don't get what they wish for. They have not attached a strong enough emotion to their dream. Or they feel they don’t deserve their dream so they don’t bother pursuing it.

Let me give you an example of how the law of attraction works in a negative way. Think of the days when you got started off the wrong foot, then said to yourself "this is gonna be a long and terrible day". What happened? A long and terrible day...you got what you wished for! The degree of how terrible your day turned out was proportional to the intensity of the negative emotion you attached to the thought, right?

So how do these little "magnets" or thoughts attract what we want or don't want in our lives you ask? Well, and this is based on quantum physics that scientists have just learned in the last 10 or 15 years. There is an invisible universal mind if you will that contains all the dreams and thoughts of everyone who has ever lived or will live...past...present...future. This is quite the paradox you may think, how can this be?

The "time" element in this universal mind has been negated or altered. Quantum physics has recently shown us that a single electron can occupy two different spaces in an electro-magnetic field at the same exact point in time, once thought impossible. This goes against the laws of physics unless time has been negated or altered some how, the only possible explanation. So you may be able to connect with the dreams of someone who hasn't been born yet. Are you getting excited yet?

The Universal Mind is a sort of collective consciousness. The place where dreams are born. These dreams are invisible and waiting to take physical form.

How do you convert your dreams from the universal mind to the physical realm? By constantly thinking about your dreams with strong emotions and just as importantly - taking action! I am NOT talking about wishful thinking here...you must take action on your dreams!

It helps to have pictures of your dreams and look at them every day. Write your dreams down. Formulate a plan that is specific and with deadlines that will bring your dreams to fruition...and stay the course! “Don’t die with your dreams still inside you” as Dr. Wayne Dyer likes to say.

That is why I firmly believe you should pursue ventures you have a passion for...then you will find it easier to attach strong positive emotions to your thoughts and dreams.

This is the most powerful law in the universe, use it wisely my liege...

Good Luck and Stay the Course!

John Lynch

About The Author

John Lynch is owner of http://How2MakeMoneyOnline.org and writes on a variety of subjects. To learn more about this topic John recommends you visit: http://www.pluginprofitsite.com/main-19065-

Source: articlecity

My 1st Rehab

Written by: Danielle Johnson
Joboja Staff Writer

I had always wanted to “get into” real estate investing. Like everyone else, I had seen the late night infomercials and heard all the “get-rich quick” schemes where everything sounded so easy. I was never truly convinced by any of the so-called gurus, so I bided my time until about a year ago.

It was in February 2006 that I completed the investor training program taught by Guy Williams of Williams Realty and Investments in Hyde Park. This program forced me to master principles of time management and money management which led to the purchase of my first investment property on 9/28/06. I acquired the property for $77,750, rehab costs were $20,000 and the After-Repair Value was $145,000. This left me with a gross profit from this deal of over $45,000.
In addition to mastering the principles stated above, I also put in a lot of hours looking at properties. I looked at 60+ properties before finally closing on my first deal. I had to look at so many properties for the following 2 reasons. First, I was working full time so that only left the weekends to look at properties.

As a result, a lot of properties were snatched up during my hours spent at work. The other reason I had to look at so many properties is because I had limited funds and I had to locate a property where purchase price AND rehab were provided by my lender.

In terms of renovation on the property, my initial budget was $15,000 which was somewhere between a cosmetic rehab and a full gut rehab. I completed the following work on the property: new windows, new carpet, and fresh paint throughout the property. I remodeled the kitchen and the bathroom as well. On the exterior, I put new vinyl siding on the property and redid parts of the roof. When the rehab was about 90% complete, I uncovered extensive plumbing issues which added an extra $5,000 to my budget. Fortunately, I was able to go back to my lender, explain the situation and was able to receive the additional funds to complete the job.

Rehab began on the property immediately after closing and was 80% complete in about 4 weeks. The contractor that I ended up using, I met quite by accident. Since I had rehabbing on the brain so much, I was trying to pick up as many useful contacts as possible. So whenever I came across a white van or anyone or anything that looked like a contractor, I obtained their business cards. This is how I located my contractor. I basically served as the general contractor and he hired individuals as needed to complete the work. Of course, I made sure to see his driver’s license, a copy of his license and a copy of his insurance. Of the 4 bids I obtained, his was the most reasonable.

My contractor had the property fully complete by 12/1/06 and I officially became a landlord on 12/9/06. In January 2007, I refinanced the property and pulled out $10,000 in equity, which was the exit strategy I ultimately decided to go with. My initial strategy was to sell immediately, but due to the implementation of HB 4050, I decided that it might be easier to simply refinance the property and rent until it became clear how the new law would play out. I felt the refinance would be the easiest to accomplish and would allow me to see much-needed funds right away. Currently, I have $29,900 in equity remaining which I will pull out upon the sale of the property later this year. I plan on listing the property for sale within the next 3 months. The current rent is $1200 per month which provides nearly $200 per month positive cash flow after the mortgage payment and hazard insurance.

I know that a lot of the time neophyte investors get burned during the rehabbing process. I was fortunate, however, to have mastered certain principles beforehand, which made rehabbing a lot easier. During the last year, I have since acquired my real estate license and joined the staff of Williams Realty and Investments, where I now teach my clients the same principles which allowed my first rehab to be a resounding success. I believe that acquiring the property is the easiest step of the process. After all, anyone with decent credit and earnest money can acquire an investment property. It has been my experience, however, that few know what to do with the investment property after the acquisition. Due diligence is absolutely key in real estate investing and it can prevent a lot of headache and frustration down the road.

Since completing my first rehab, I have come to the conclusion that rehabbing becomes far less challenging when pursued in the proper manner. I don’t mean to imply that the process is simple because rehabbing is inherently challenging. However, it is my belief that if certain principles are followed – success is just a matter of time. I will close with one of my favorite quotes: “If an individual cannot master their household budget, it will be very difficult to master the budget for a rehab project.”


Danielle is an Investor and licensed sales associate with Williams Realty and Investments. She has a passion for coaching others on building wealth using real estate investing. She can be reached at 773.551.4769 or d_n_johnson@yahoo.com.

You can also visit her website at www.investchitown.com

10 Tips to Manage Your Money Better

Written by: Danielle Johnson
Joboja Staff Writer

1. GET DIRECT DEPOSIT

Automatic deposit of your paycheck can help you avoid the desire to spend your money as soon as you receive it. We all are familiar with that “burning hole” feeling due to having a significant amount of money readily accessible. All of a sudden we “need” a new pair of shoes, new clothes, jewelry or other baubles. This pursuit of items that we “need” can easily lead to financial disrepair. Most of us get into financial trouble because of our wants and not our needs.

2. PAY YOURSELF FIRST

It is imperative that we make it a priority to save at least 10% of our annual gross income. According to a CBS news article dated 2/7/06, Americans actually have a negative savings rate of .5%. The savings rate has only been negative for a full year twice before, in 1932 and 1933, when Americans were struggling with job layoffs during the Great Depression.


3. GET A COPY OF YOUR CREDIT REPORT & CORRECT ERRORS

By some estimates, over 50% of credit reports contain errors. These errors can be very costly in terms of higher interest rates and fees that result from lower credit scores, if not corrected. Unfortunately, the only way most of us find out about credit reporting errors is after we apply for some type of credit. All consumers can now obtain free copies of their credit reports once per year from each of the three major bureaus. Please note that there are a lot of fakes offering “free” reports in exchange for signing up for some type of credit monitoring. Please visit www.annualcreditreport.com which is the official site to obtain your reports.

4. READ ABOUT SELF-MADE MILLIONAIRES

Read as much as you can on individuals that are self-made millionaires. You should make it a point to make a file for yourself of self-made millionaires to serve as a source of motivation.

5. AVOID INSTANT GRATIFICATION

As a society, we spend, spend and spend. Take a minute and think about some of things that you have that you don’t need. At what point did you purchase those items? If we are honest with ourselves, most of us would agree that the majority of those items were impulse purchases. We saw it, we wanted it and without much thought, we bought it. However, in order to build wealth and improve our cash flow, we absolutely must conquer the habit of wanting everything in life immediately.

6. BUY A PRIMARY RESIDENCE

The debate continues on whether it makes more sense to buy rather than to rent. Over the past several months, the media has bombarded the public with constant reporting on the “housing slump” and the “housing slowdown” in different markets throughout the country. Owning your own home is, in my opinion, the first step towards wealth creation. Even if you purchase a home and it appreciates only 5% per year, that equates to a $5,000 increase in net worth per year on a $100,000 home. If you think about it, the average person is not saving $5,000 per year - some folks are not even saving $500 per year. Owning your own home is the equivalent of a forced savings account. Renting, on the other hand, does nothing to build wealth.

7. DISCUSS FINANCES WITH YOUR SIGNIFICANT OTHER EARLY

Talk with your significant other about finances early in the relationship. Money problems are the #1 cause for divorce in the USA. You can never begin too early to start discussing finances in your relationships with your life partner. We have been trained to shy away from the topic of money, as if it were going to take care of itself. Women, in particular, tend to fall into the role of letting the man handle all of the finances and remaining clueless throughout the relationship. Give yourself and your partner the opportunity to have the best financial relationship possible and bring these topics into the open early in the relationship.

8. LOCATE & STOP SPENDING LEAKS

If you have ever uttered the following phrases, “money goes like water” or “I don't know where my paycheck went,” chances are you suffer from at least one spending leak. Spending leaks are the constant draining of funds on seemingly insignificant expenses. One example that readily comes to mind is buying lunch every day at work. Even if a person only spends $5/day for five days a week, that totals $100 per month. If a person cuts back to even half that amount, that represents a savings of $50/month. In order to locate your spending leaks, track every single expense for the next 30 days and tally at the end of the month. Also at the end of the month, notate next to each expenditure whether the money spent was a want or need. I can guarantee that you will locate at least $100 that you can recover if you adjust your spending habits.

9. DEVELOP A BUDGET

In order to build wealth, you must know your cash flow. Most of us know very well how much money we make every month but little, if any, idea of how much we spend. Exercising control over poor spending habits is critical to the pursuit of real wealth. Everyone should have a detailed budget broken down into fixed and variable expenses readily available at a moment's notice. Budgets force financial discipline when properly followed and financial discipline leads to faster wealth creation.

10. KNOW YOUR NET WORTH

Assets minus liabilities equals your net worth. You should know what this number is at all times and be very leery of any expenditure that doesn't add to your net worth. Remember, net worth has nothing to do with how much money you make - it has everything to do with how much money you actually keep. If someone has an income of $100K per year and they spend $100K per year, his/her net worth is a big fat zero. Be careful not to fall into a high consumption lifestyle in which every dollar you earn is completely utilized to maintain that lifestyle. Learn to live below your means and you will quickly accumulate wealth.

Danielle is an Investor and licensed sales associate with Williams Realty and Investments. She has a passion for coaching others on building wealth using real estate investing. She can be reached at 773.551.4769 or d_n_johnson@yahoo.com.

You can also visit her website at www.investchitown.com

Loving Money Attracts More Of It Into Your Life

by: Enoch Tan

To be in vibrational resonance with money, you have to love it. If you fear money or do not love it, you will repel it away from you. By thinking thoughts such as you should not love money or feel desire for it, you are causing vibrational dissonance between your subconscious mind and money. By loving money and being comfortable around it like it is your good friend, you free yourself to have money and have it more abundantly.

We have been taught that the love of money is the root of all evil. Therefore we think that it is wrong to love money. But that is one of the biggest errors the world has ever made about understanding money. The truth is, the love of money is not evil. It is only the root of evil. The love of anything can be the root of evil. People have done all kinds of evil for love. Love is not evil. It is when people love with ignorance that results in evil. Loving with awareness only results in good.

When you love money, it can be the root of all good or all evil. Remember that all truth are half truths. The glass can be half empty or half full. One perspective is only half the truth. When you can see things one way as well as the opposite, you have full perspective and total truth. When you love money, that love is the root that can grow into that which is good or evil. Loving money with awareness leads to all good whereas loving money with ignorance leads to all evil.

Observe of the way you behave around money. Notice your thoughts and feelings when you are dealing with it. Do you try to handle it discreetly as though you are almost ashamed of it? Do you find it awkward when you talk about any subject that involves money? Do you try to think as little about it as possible as you quickly pass it to the person you are buying something from, or taking it and putting it away hurriedly as if the longer it stays in sight, the more unacceptable it feels?

All of such behaviors and attitudes shows how you really are towards money. You have an unconscious dislike towards money. You may have all the conscious thoughts about how good it is to have money and believing that you are wealthy, but if you are acting like this towards money, you are creating resistance which prevents money from flowing freely to you. This awareness will open your eyes to your relationship with money and free you from unwittingly repelling it.

Wealth is a state of being. Having wealth begins with being wealth. When you are wealth, you are one with everything that is wealth. To be one with something is to love it, accept it, embrace it and be completely comfortable with it. Money being a form of energy that facilitates enjoyment and providence is a form of wealth. Therefore to be wealth is to be one with money and to love it, accept it, embrace it and be completely comfortable with it. Money moves to the one who loves it the most!

Take out some bills from your wallet and hold it in your hands. Look at it and just be with it. Say to yourself that you love money and money loves you. Feel good about it and feel the love for it. Do the same with your credit cards, your jewelries, your checks, your back account statement, and things that represent money. See all these things not as separated from you, but they are all extensions of your being. The more you love money and are at one with it, the more you attract it into your life.

Treat money with respect and appreciation. When you pass money to someone, do not just chuck it in their hands as if it were a bunch of papers. Hand it over to them as though you were presenting a sword with both hands to a worthy knight. When you receive money, do not take it as though you were grabbing a bunch of dirt and putting it away as if you are trying to get rid of it as quickly as possible. Take your money with appreciation and handle it comfortably as though it is your favorite pen.

Anytime you see money come into your life such as when you see commissions from sales or gifts from people, love it, welcome it and feel that it loves coming to you. Have the attitude that people love to give money for what you have to offer, and share it willingly and happily with you. Anytime you spend money to get what you desire, do it happily and willingly. Whenever you give money to loved ones or charity, handle your money comfortably and give it as though you are giving your love.

Loving money unites you with it. Fearing money separates you from it. We have an unconscious fear for something when we keep distancing ourselves from it and see it as separate from us. We have an unconscious love for something when we keep being near or around it and see it as a part of us. Allow yourself to identify with money and see your money as you. But when money goes away from you, do not think of yourself as any lesser because to love perfectly is to love freely without attachment.

Love material things in the material world as well. Love your house, your car, your toys, your clothes, your looks, your body and all your material possessions. Feel good about them and see them as all extensions of yourself. Be unashamed to show your money or your material possessions to others. In heaven everyone shows off the beauties of their creation to one another proudly and joyfully. Material things and spiritual things are the same because they are all energy of the source which is God.

People who see themselves as good but see money as evil repel money away from them. People who see themselves as evil but see money as meant for good people, repel money. People who see themselves as good and see money as good attract money to themselves. People who see themselves as evil and see money as evil also attract money to themselves. It is all about being in vibrational resonance by seeing you and money are of the same kind which draws it to you.


About The Author

Enoch Tan aims to help people achieve greater awareness in living and experiencing life. To evolve human consciousness to higher levels. To change lives and transform the universe. To revolutionize the way we understand the mind and reality. Because that is what governs every area of life and destiny. Get Free Ebooks of The Most Powerful Knowledge and Learn Secrets of Mind and Reality That will Fully Benefit You Now at: http://www.MindReality.com

Source: http://www.articlecity.com

Student Shopping Habit

By Evelyn Saunders   

Shopping can be an emotional release for many students. Lots of students shop to reduce stress or just to pass the time with their friends. Shopping out of boredom or to cope with life’s woes can lead to much bigger problems. When it starts to get out of control, consumerism becomes a bad habit, even an addiction. If your bank account has been taking a beating due to over purchasing, you might have a compulsion to shop.

Shop-a-holics show signs that are similar to other addicts. You think that shopping and buying things, even little things like make-up or gifts for others, is going to make you feel better and forget about your problems. Actually, it makes you feel worse, compounding guilt, financial hardship and anxiety on top of whatever was wrong to begin with. Finding yourself in a financial struggle or deep in debt can strain relationships with your friends and family. Living beyond your means stretches your sanity as well as your wallet. 

Do you go out for just a few things and come home with your trunk full? Do you seem to shop more after an emotional trauma or stressful situation? These are questions that students with a problem don’t want to face. Don’t get caught in that downward spiral of spending due to stress where that moment of elation leads to even more stress and worry. Ask yourself every time if what you are about to buy is a “need” or a “want”. The hard part is not buying the things that you only “want”. Try to recognize the signs that you may have a problem. Have you made purchases and regretted it later? Bought things that you never used? Maybe your family or friends have expressed a concern or disapproval that led you to hide items, or lie about prices. Many compulsive shoppers report feeling elated and nervous at the same time when making frivolous purchases. They later feel guilty or embarrassed about the truth of their shopping spree. They also have a general belief that shopping is “bad behavior”. 

Something to think about is that you’re letting marketing control you. Commercials and ads seem to prey on your psyche. Just passing a store or getting a little extra in your bank account sends you into a “What can I buy?” mental frenzy. Remind yourself that you will only feel worse afterward. It’s really not worth the guilt and trauma that it causes.

Avoid circumstances that may make you want to spend. Never use credit cards. Keep one emergency one at home. If it is in a store, it’s most likely not an emergency. Exercise, yoga and hot baths generally curb the temptation to shop. Take a drive through the country where there aren’t any stores. Patience is a learned skill. Have patience with yourself and your money. Immediate gratification doesn’t last long, but patience can benefit you for the rest of your life. If you need more help than you can give yourself, there are support groups out there that can help. If you have a real emergency, take the time to research if your credit card is really the best option. You may be eligible for student loans or private student loans that have fixed payments and are easier to get out from under than a credit card.

About the author:
About the Author: Evelyn Saunders, a retired teacher, is the editor for student-loans.net, a provider of student loans and information on how to get private student loans as well as consolidation. For more information, please visit http://www.student-loans.net. 

Understanding Your Investment Options

By Scott Sumerford

People invest their money for several different reasons. You may want to save money for retirement, your child's education, or to own your own home. Regardless of your purpose for investing, you need to understand the basic forms of investments available to you - i.e., stocks, mutual funds, and bonds.

Stocks

Companies sell stock to raise capital, money for growth. When you buy a company's stock, you are purchasing partial ownership of that company because you now own a percentage of the company's shares. For example, if a company had 10,000 shares of stock outstanding and you bought 1,000 shares, then you would own 10 percent of the company and be entitled to 10 percent of the company's assets.

Purchasing stock is a way to invest in a single company. The value of your share(s) rises and falls with the performance of that company. This type of investment can be rewarding if the company's value skyrockets. However, bankruptcy, low earnings and other factors can cause stock value to plummet. Certain companies pay stockholders dividends, a portion of the company's earnings, in cash or stock.

Mutual Funds

Mutual funds are a good investment avenue for people who don't have the time or expertise to actively trade stocks, bonds, or other securities. A professional fund manager invests the pooled money of investors into different stocks, bonds, money markets, annuities and other securities in a mutual fund. The goal of a mutual fund is to minimize risk for investors by diversifying the fund's portfolio while increasing the share value of the mutual fund.

When deciding on a mutual fund, you will want to check the fund's portfolio and understand the objective of the fund. Some mutual funds invest aggressively to earn higher returns for their investors, but these mutual funds are also more risky. You may also think a particular industry, like the medical industry, will grow significantly so you would want a mutual fund that invests accordingly.

Bonds

A bond is a loan. If you purchase a bond, then the issuer promises to repay you under the agreed upon terms. When a bond matures, the issuer repays the principal amount in full. Some bonds pay interest to the holder, you, at intervals before the bond matures. Bond length differs but is normally ten years or longer.

People buy bonds for various reasons. One benefit of a bond is the interest payments the bond holder receives. Depending on the bond, the bond holder may receive two interest payments per year. These payments are normally larger than dividends the company would pay stockholders.

Stocks, mutual funds, and bonds are only a few of the investment opportunities available to you, but they are the foundation of most investor's portfolios. You work hard for your money and you want your money to work hard for you, so understanding your financial options is crucial. You may want to consult a certified financial planner before making investments.

The goal of investing is to gain a return on your money. However, if you are in debt, then your paychecks are being consumed by credit card bills, loans, and mortgage payments. Unless you eliminate your debt, you won't have the necessary funds to begin investing. Debt settlement provides a proven debt-relief method that can reduce debt up to 60 percent. Don't allow debt to keep you from achieving your financial goals.

Author Bio: Scott Sumerford has several years of experience working in the financial industry and has written a myriad of articles on various financial matters. He graduated from the University of Texas at Arlington where he worked as a writing center tutor and contributed to the university's newspaper, The Shorthorn. He currently writes for creditsolutions.com/learning-center/ -the industry leader in debt settlement.

Article Source: ezinearticles