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	<title>Options as a Strategic Investment &#187; Rich Dad Poor Dad</title>
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	<description>Option Trading as your main investment strategy</description>
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		<title>Affordable Ways To Learn!</title>
		<link>http://optionsasastrategicinvestment.net/affordable-ways-to-learn</link>
		<comments>http://optionsasastrategicinvestment.net/affordable-ways-to-learn#comments</comments>
		<pubDate>Fri, 11 Dec 2009 23:18:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
		<category><![CDATA[Financial Education]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Rich Dad Poor Dad]]></category>
		<category><![CDATA[Robert Kiyosaki]]></category>

		<guid isPermaLink="false">http://optionsasastrategicinvestment.net/affordable-ways-to-learn</guid>
		<description><![CDATA[I have experienced that in order to make money, I need to have to proper knowledge for it. It is very important to consider that making money is not that simple at all. This is because I have to know how to weigh the risks of investments, as there is no assurance that I will [...]]]></description>
			<content:encoded><![CDATA[<p>I have experienced that in order to make money, I need to have to proper knowledge for it. It is very important to consider that making money is not that simple at all. This is because I have to know how to weigh the risks of investments, as there is no assurance that I will get my investment back.<br />
After reading a number of books and attending a few seminars on wealth creation, I realized that it is important that I should be educated first about money in order to lessen the risks of losing my money and increase the chance of earning more money and retaining it. I have to consider that it is not just all about how I make money, but it is also about how to properly manage my money and my investment.<br />
So what are the affordable ways to learn?<br />
Firstly, there are free preview seminars that are readily available. The free preview seminars usually are meant to sell workshops that last a few days. By attending these free preview seminars, I can still learn something about investment and money management.<br />
For example, there is a free preview on option trading. The free preview is mostly likely trying to sell me certain option trading course or workshop. But I will be able to learn something about option trading in the free preview seminar.<br />
Secondly, I can consider getting financial books or magazines from the library. It is free and I can learn about accounting and finance and ways to effectively handle my money. Also, I am able to listen to audio books on investment and money management in the library. In addition, I can watch educational seminars on videotape or VCD in the library.<br />
Thirdly, I can play board games such as Cashflow 101 that teaches financial knowledge. I can go to cafe that offers board games for playing to play the game with my friends. Alternatively, I can search and join any interest groups that play such board games regularly in my neighborhood.<br />
Next, getting financially educated on the web is also an affordable way to be financially literate. There is always information on personal finance and investment. They are available especially in personal blogs as free information.<br />
In fact, webducation is going to be the next big wave and it is threatening to shut down traditional schools. We are lucky in the sense that Internet technology is matured enough to support streaming videos. Internet technology has caused a lot of things to be available at affordable price because they remove the physical boundaries and the cost of delivery.<br />
What this mean to me is that I am no longer restricted by distance to attend seminars. Even if a financial guru is oversea, I can still learn from him via recorded video seminars that is accessible online. Also, if I have broadband at home, I can learn at the convenience of my home 24 hours a day, 7 days a week. The live seminars are recorded and put online for free access or paid subscription. These online video seminars are usually very much cheaper than live seminars as there is no reproduction cost. By comparing against recorded seminars in DVDs, online video seminars are still much cheaper because there is little or no cost involved in reproduction and delivery.<br />
Lastly, I can search and join interest groups that focus on investments or personal finance in my neighborhood. These interest groups usually have regularly meeting to share information about investments or personal finance.<br />
No matter how much I have learned theoretically, my knowledge will be useless if I do not put it into practice. By taking actions to practice, I will have a deeper understanding on the subject.<br />
For example, I have started to invest in stock after learning all about stock investment such as risk management, money management and so on. By trading using real money, I will have a real taste of fear and greed coming into play to affect my investment decision. These are things that I cannot learn by reading books, listening to audio clips and watching video seminars. It is through real experience that I will gain more from my theoretical knowledge.<br />
One thing to note is that if I am practicing what I have just learned, I will not be risking too much money. This is because I know that I will be making mistakes in my investment and personal finance as a beginner. Though learning from mistakes is a quick way to achieve financial success based, I may not be able to recover from a single mistake if I have lose a lot of money in that mistake. Thus, it is important to be patience in my practice by risking as little money as possible.<br />
* DISCLAIMER *<br />
The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material. </p>
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		<item>
		<title>Investing is Too Risky, Instead Iâll Do Nothing</title>
		<link>http://optionsasastrategicinvestment.net/investing-is-too-risky-instead-ia%c2%80%c2%99ll-do-nothing</link>
		<comments>http://optionsasastrategicinvestment.net/investing-is-too-risky-instead-ia%c2%80%c2%99ll-do-nothing#comments</comments>
		<pubDate>Sat, 05 Dec 2009 23:43:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
		<category><![CDATA[21st Century Academy]]></category>
		<category><![CDATA[All Ords]]></category>
		<category><![CDATA[Asx]]></category>
		<category><![CDATA[Banjo Smyth]]></category>
		<category><![CDATA[Homestudy]]></category>
		<category><![CDATA[How To Buy Shares]]></category>
		<category><![CDATA[How To Invest]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Jamie Mcintyre]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Rich Dad Poor Dad]]></category>
		<category><![CDATA[Risks Of Investing]]></category>
		<category><![CDATA[Shares]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[wealth creation]]></category>
		<category><![CDATA[Why Should I Invest]]></category>
		<category><![CDATA[Www.sharespropertymoney]]></category>

		<guid isPermaLink="false">http://optionsasastrategicinvestment.net/investing-is-too-risky-instead-ia%c2%80%c2%99ll-do-nothing</guid>
		<description><![CDATA[Does this sound familiar? Isn&#8217;t it interesting that the common perception amongst the public is that investing is way too risky ? What&#8217;s even more interesting is that if you asked any poor or middle class person how they thought the Rich made their money almost all of them would include &#8216;Investing&#8217; in their answer. [...]]]></description>
			<content:encoded><![CDATA[<p>Does this sound familiar? Isn&#8217;t it interesting that the common perception amongst the public is that investing is way too risky ? What&#8217;s even more interesting is that if you asked any poor or middle class person how they thought the Rich made their money almost all of them would include &#8216;Investing&#8217; in their answer. So if poor people know that wealthy people are &#8216;Investors&#8217; then why on earth do they believe that it is too risky for them to get involved? </p>
<p>Â  </p>
<p>The answer is simple </p>
<p>Â  </p>
<p>Humans are terrified of anything that they don&#8217;t know or understand. In the immortal words of Garth from Wayne&#8217;s World &#8220;We fear change&#8221;. </p>
<p>Â  </p>
<p>So am I saying &#8216;Investing is not risky?&#8217; Not at all, in fact if you don&#8217;t understand it or aren&#8217;t properly educated Investing is incredibly dangerous and risky. But the same can be said about almost every daily activity that we undertake. Whether it be swimming, crossing the road, riding a bike, driving a car or even eating a chicken wing &#8211; all of these activities would be highly dangerous if we hadn&#8217;t been taught or shown how to do them properly. Luckily for us our parents took us to swimming lessons when we were children but unfortunately for us our parents never seemed to take us to Investment school. Instead they taught us what their parents taught them about Money &amp; Investing &#8211; and that was &#8220;to earn money you need to work hard&#8221; </p>
<p>Â  </p>
<p>Well I&#8217;ll tell you now that if you want to become financially successful and a master of wealth creation you will need to step our of your parents shadows and learn that &#8216;Rich people don&#8217;t work for money, they let their money work for them&#8217;. </p>
<p>Â  </p>
<p>I was first introduced to this concept in high school when I read &#8216;Rich Dad, Poor Dad&#8217; but it wasn&#8217;t until a few years later that I truly understood the concept of having your money work for you. </p>
<p>Â  </p>
<p>When I finished university I decided I wanted to travel the world for 6 months so I began working my backside off to try and finance the trip. Whilst I was confident of my saving ability in the back of my mind I knew that I could always fall back on some money that my granddad had given me in the previous year. As an early inheritance he had invested $7k (plus $3k of my own savings) into some shares that I knew very little about (other than the fact that if my &#8216;overseas trip fund&#8217; was running low I had a backup plan). </p>
<p>Â  </p>
<p>To cut a long story short I managed to have the most amazing trip without eating into my Granddads shares. But more importantly when I was overseas I met a fellow Australian traveler who was funding his trip by trading the stock market in internet cafes all over Europe (earning between $5-$15k per month). Needless to say my interest in the Stock market suddenly grew and as soon as I got home I decided to see how my own shares were going. </p>
<p>Â  </p>
<p>Well to my great surprise the $10,000 that had originally been invested had now grown to $16,000. So whist I had been climbing the Eiffel Tower and watching the Aurora Borealis in Norway my money had been hard at work. What an amazing and life changing feeling! </p>
<p>Â  </p>
<p>So how can you learn to make your money work for you? </p>
<p>Â  </p>
<p>Well as I found out this question is harder to answer that you might expect. After learning about my shares success I couldn&#8217;t help myself from telling everyone I knew but for some strange reason no one seemed to share my enthusiasm. All everyone could say was &#8220;be careful, the stock market is very risky&#8217; or they would tell me stories about how their &#8216;nephews, cousins, friend had once lost all their money on the stock exchange&#8217;. At this stage my head was starting to hurt and I didn&#8217;t know who or what to believe. Just recently I found a great quote by Kurek Ashley that summed up the position that I was in perfectly: </p>
<p>Â  </p>
<p>&#8220;The most expensive advice you will ever get, is free from poor people&#8221; </p>
<p>Â  </p>
<p>If you look at what this quote really means you will be able to understand why the average person believes that investing is too risky. It is simply because your typical &#8216;poor to middle class&#8217; person is receiving their advice from a fellow &#8216;poor to middle class&#8217; person. Surely this is a case of the blind leading the blind, or at best the blind leading the severely visually impaired. </p>
<p>Â  </p>
<p>If your child wanted to be a professional gymnast and you knew nothing about gymnastics what would you do? Obviously you would find the best Coach/School and you would let them teach your child. Well the same principle applies if you want to be financially successful. You need to find Mentors, books, DVD&#8217;s, Seminars anything or anyone that knows more about Wealth Creation than you do and gradually build up your knowledge. Then eventually like a professional surfer glides over the waves you can successfully let your money work for you rather than drowning in an ocean of uncertainty and risk. As Warren Buffet once said &#8220;Risk is not knowing what you&#8217;re doing&#8221; </p>
<p>Â  </p>
<p>So you are now faced with a few options </p>
<p>Â  </p>
<p>Not invest and spend the rest of your life &#8216;working for money&#8217;Invest your hard earned money before you are educated enough, loose your life savings and in turn become one of those people who tell everyone else that &#8220;Don&#8217;t invest, it&#8217;s too risky, the stock market stole everything I had&#8221;Or you can dedicate yourself to learning about Investment strategies and techniques and gradually build up your confidence until you become a successful Investor and let your money work for you. </p>
<p>Â  </p>
<p>So are there risks with Investing? YES of course there are, but like swimming, crossing the road, riding a bike and driving a car once you educate yourself you lower these risks and in turn get to enjoy the wonderful benefits. </p>
<p>Â  </p>
<p>Surely NOT investing is the biggest Risk of all. </p>
<p>Â  </p>
<p>For access to a Free Investment DVD and an amazing Free Wealth Creation pack valued at over $1000 simple go to http://www.sharespropertymoney.com/ Take your first steps towards a successful financial future and begin your education today. </p>
]]></content:encoded>
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		</item>
		<item>
		<title>Work Hard For Your Wealth!</title>
		<link>http://optionsasastrategicinvestment.net/work-hard-for-your-wealth</link>
		<comments>http://optionsasastrategicinvestment.net/work-hard-for-your-wealth#comments</comments>
		<pubDate>Thu, 03 Dec 2009 14:56:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
		<category><![CDATA[Laziness]]></category>
		<category><![CDATA[Lazy]]></category>
		<category><![CDATA[Rich]]></category>
		<category><![CDATA[Rich Dad Poor Dad]]></category>
		<category><![CDATA[Robert Kiyosaki]]></category>
		<category><![CDATA[Wealthy]]></category>

		<guid isPermaLink="false">http://optionsasastrategicinvestment.net/work-hard-for-your-wealth</guid>
		<description><![CDATA[When I just started work after graduation, I have earned income to spend on the things I desired. But if I came across something that is too expensive, I would tell myself to forget it. It is outside of my budget. That is the way I was brought up. Spend within my means and forget [...]]]></description>
			<content:encoded><![CDATA[<p>When I just started work after graduation, I have earned income to spend on the things I desired. But if I came across something that is too expensive, I would tell myself to forget it. It is outside of my budget. That is the way I was brought up. Spend within my means and forget about things that I cannot afford. These things are meant for the rich people only.<br />
After reading a few books and attending a few seminars on wealth creation, I have realized my mistake of laziness. Instead of thinking very hard on how to earn money to buy those expensive things, I have chosen the easy way out by giving myself the excuse that I cannot afford it.<br />
In fact, my laziness to think hard to make money is inherent in a lot of ways in my life.<br />
Firstly, when someone tried to show me a way that I could earn money, I would turn him because I was too busy with my current employment. I felt that there is no need for me to further stretch myself to earn extra money since I was already receiving a reasonable steady income. I should relax and enjoy myself during my leisure time.<br />
Actually, that was an excuse. The real reason was that I was not prepared to think and work hard to become rich. What I really wanted was instant wealth! I simply wanted to become rich without the need to go through the process of failures and setbacks.<br />
But this is not possible based on my knowledge gained from reading and observations. Failures and setbacks are essential for everyone to learn from their mistakes so that they can improve and achieve success.<br />
Secondly, if there was a proven system available for me to achieve wealth, I was still not prepared to do it. My excuse for laziness would be that I did not have a coach to guide me. I would face difficulties in learning to use the proven system. I would need someone to handheld me all the way. I could not do it by myself.<br />
Thirdly, if there was a mentor to coach me to achieve wealth, the first question that came to my mind was does this really work? What if there is no result after putting in all my efforts? Why don&#8217;t I just wait and see. Let observe someone who was doing it and see what would be his outcome. If he were successful, then I would follow him. Wait and see attitude is just another excuse for laziness.<br />
As you can see, I could come out with all sorts of excuses for doing anything even if there were perfect conditions available. All these excuses voice down to one and only one thing, I was not ready to pay the price to become rich. I was ready to work hard for an employer but I was not ready to work hard for myself.<br />
How did I finally realize my mistake? Well, it was due my exploration to gain instant wealth.<br />
When someone told me that I could be rich by doing option trading, I quickly signed up for the course and hope to gain instant wealth. After studying and learning for a while, I realized that a lot of time and effort is required to truly master the necessary skills.<br />
When someone told me that I could be wealthy by investing in real estate, I was distracted and gave up on the previous course that I was learning. I would then signed up for the new course and hope to gain instant wealth.<br />
I had tried a lot of things but only to give up when I found that I needed to put in a lot of hard work to master the skills. I was looking for a way to gain instant wealth. In the end, I was forced to face the reality that there is no quick way but hard work.<br />
Hard work is required mentally, emotionally and physically. If I want to become right, I need to think of ways and means to learn and accumulate wealth. This is mental hard work. Each time I face a failure or setback, I need to deal my emotions so that I do not give up. This is emotional hard work. I need to spend time and effort to carry out the actual actions to learn and accumulate wealth. This is physical hard work.<br />
Without hard work, there will be no failures and setbacks. Without failures and setbacks, I will not be able to learn from my mistakes so that I can achieve success one day. With this new understanding, I am no longer afraid to work hard for myself.<br />
* DISCLAIMER *<br />
The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material. </p>
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