Fear and greed drive the stock market. Or as famed investor Benjamin Graham noted, in the short-term the market is a voting machine, but in the long-term, it’s a weighing machine.
When the Coronavirus was spreading in early 2020 votes were to sell, which caused the market to tank by about 12% from their all-time highs just days before! It was the largest drop since 2008; giving up all the recent market gains from the past 6 months. All in just a week. Ouch! It was quite scary.
Let’s take a quick step back and get some real world perspective. Let’s look into the past and talk about how other epidemics have affected the market in the long run.
Past epidemics have had little to no long-term impact on the stock market, even after a sharp drop. For example, in the 12 months after SARS, the market was up 21%. After a more recent epidemic, ZIKA, it was up 17%.
MARKETS DROP ON UNCERTAINTY
What the market hates most is uncertainty. The media and others play up the uncertainty to stir up fear for ratings. Epidemics and pandemics are serious and can’t be shrugged off.
It’s not known when they break exactly how bad these events will be, but we can be pretty confident they won’t be as bad as the media says.
That’s because the media outlets always talk-up the worst-case scenarios in order to strike fear, anger, and worry into the public so they will continue to tune in and check for updates.
The media uses what’s called open loops. Viewers want to find closure so continuing to monitor the situations by coming back works.
One thing that was different for the Coronavirus was that China made up a larger portion of the world economy as it had in the past.
But isn’t that always the story? That time it was different? Not so.
One thing I’ve learned from living through many dips, recessions, booms, and crashes is that it’s never different. It’s the same old story.
“The four most dangerous words in investing are: This time it’s different.” – Sir John Templeton
Shortly after the drop caused by Coronavirus, Warren Buffett, Jim Cramer, and other investors said that it was a buying opportunity. Why would they say that when the media is freaking out?
Because they know markets have historically rebounded within a month after big drops due to past similar uncertainties. They are experienced enough to know to take a long-term view of performance.
Be Motivated When The Market Falls
When the market falls, it is actually a time to be thrilled. Be happy because it means you can buy stocks at a cheaper price and accumulate more shares. No matter what phase of investing you’re currently in, you want to get as many shares as possible before they go up.
For those stock market traders in a phase who don’t need the money to live on and are putting money into investments, it benefits you to have a bear market for as long as possible, followed by a bull market just before your retirement.
Keep in mind it won’t work out perfectly, just be content when it goes down occasionally so you can get more shares and build a stronger position every month.
What Makes Stocks Fall?
The price of a stock is based on the net present value of all its future earnings. When investors think earnings will be high in the future, the stock goes up. When they think earnings will go down, the stock goes down. That’s a pretty simplistic view, but the main premise of how it works.
When the market suddenly drops, which we experience periodically and through the Coronavirus, it’s important to keep in mind it is driven mostly by perception.
In this case the perception and forecasts that earnings will go down. Part of that perception is always based on fear. Fear and uncertainty that things will get even worse in the future days, weeks, and months.
To be honest, earnings may not change significantly in a short period of time, but investors fear that they might. When stocks plunged thanks for the Coronavirus, it was due to the fact that investors feared it would disrupt the supply chain and cause companies to earn less money.
Pandemics can certainly change earnings and the Coronavirus did undoubtedly affected earnings, however it was not by much. In fact it was only 12% in a few days.
Apple closed it’s Chinese plants only to reopen them soon afterwards. It always turns out the fear is unfounded. No one is certain with all the media hype and pressure, and so they sell. That’s a huge mistake to make for the average investor.
DOLLAR-COST AVERAGE
Studies have shown that the best way to build wealth over time is to use the dollar-cost average formula.
This means you consistently invest whether the market goes up or down. It doesn’t make much difference over time if you try to buy at the bottom, or if you sell at the top.
This is because it’s so difficult to know where the top or bottom actually is. Another reason is partly because since you’re buying consistently, it will even out or average out.
There is an old quote that’s been passed down that says, time in the market is more important than timing the market.
The best thing you can do is to continue to max out your 401k and Roth IRA while focusing on paying off all consumer debt.
Continue to have contributions taken out of every paycheck and forget about it. Check back in 10 years and you’ll be pretty happy with what you see.
Diversify
Go now and look at your asset allocation and make sure you’re comfortable with it. It helps to have non-correlated assets, like stocks and gold or even better, a job or business that brings income that’s not related to anything. More on that in a second.
If you’re not comfortable with volatility or big drops, then consider diversifying into other asset classes like real estate.
KEEP A LONG-TERM PERSPECTIVE
Continue to keep in mind stocks fluctuate and there’s always some other crisis right around the corner. The financial media outlets on TV are always predicting the next market crash. Remember they will eventually be correct because stocks continually correct and then move higher.
Warren Buffett said we’d all be better off if the price of stocks were only quoted once a year rather than every minute of the day. This is because the value of the underlying businesses change much slower than most people are aware of.
It matters very little how much stocks go up or down on a daily basis. That’s easy to forget when you lose 12% of your portfolio in a single week. The main thing is remembering to keep a long-term perspective. That will help us all sleep better at night. It’s why you should feel at peace knowing that every week you’re buying a little bit more of the global economy as it stretches along to greater heights.
What Should You Do Now?
Most people lose money in the market because they get spooked when it goes down and as a result they sell. The investors who sold in 2008 are kicking themselves after witnessing the market rebound, followed by an 11-year bull market that has seen the market tripled in value.
If you are wanting to secure your money and are tired of relying on market data and watching the panic reports then…
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10 Steps to Attract The Life You Want
“What you seek is seeking you.” – Rumi…
If I said you could create the exact circumstances you want in life, would you say there is something wrong with me? …
What if your very thoughts could create ripples of change that not only affect your life…
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… but those around you as well?
Allow me to introduce you to Ronald, a freelance worker from the Philippines. He didn’t think so.
He dreamed of moving overseas so he could secure a better life and provide for his family.
But at every turn, his own mind shut down every opportunity he thought of.
Ronald considered seeing an immigration consultant, but each time the urge came over him he either “didn’t have the time” or “couldn’t afford to visit one”.
So, he resented his situation and cursed himself (and the world) for his ongoing “bad luck”.
He didn’t realize that the actual culprit was his mindset – not his circumstances.
And it seemed like the more he ruminated, the more ghastly things happened.
Thus, he kept feeding the cycle of being stuck in a rut and feeling bad, trapping him even more.
That was until his aunt Sara introduced him to the Law of Attraction.
Now Ronald began turning the tide.
Before she moved to California, Sara had been close with Ronald and treated him like a son.
She had her own share of struggles to find greener pastures abroad, but she applied the principles from the Law of Attraction to overcome them.
So she sent a few books on the topic to Ronald through Amazon, praying he could gain clarity to turn his life around.
Discover the Lazy Person’s Secret To Get Everything You’ve Ever Wished For – CLICK HERE
At first, Ronald didn’t really think much of it, but he read through the books since his aunt went through the trouble of sending it over.
After he started applying the lessons he learned from the material, things changed for him.
It came as a complete shock to Ronald – he never thought in a million years that making a simple shift in his thinking could have such a direct and POWERFUL impact in his life.
And soon enough, the fog of negativity and despair around Ronald lifted, and he made his dreams happen.
Through his persistence, he could eventually borrow the money he needed for the consultation fees, and learned the step-by-step process to get work overseas.
Ronald could finally find a fulfilling and rewarding career in Australia. Not only does he get to support his family back home, he also made friends and enjoys his fresh life abroad.
Just a few months ago, Ronald’s parents started their own business, thanks to his help.
At the rate they’re going, his family could save enough so they can pass on their business to another relative and follow Ronald to Australia, or they could wait for Ronald to take the offer so they can move there instead.
Whatever option Ronald chooses, the possibilities for him are almost limitless.
But he’s just one of thousands who made the Law of Attraction to work for him. Like Ronald, many people get discouraged to try because they think it takes a lot of work.
But it’s easy to get started. Most people think it’s hard and hesitate, yet it’s very easy.
You just need to follow these 10 Super Simple Steps to Attract Everything You’ve Ever Wanted:
Step #1: A little gratitude goes a long way
The first thing you should learn about the Law of Attraction is that it operates on energy. Everything in the universe is energy.
YOUR energy, to be exact.
Everyone has an original energy they bring into the world, and it affects them in ways they rarely see or appreciate.
The secret lies in the FREQUENCY of a person’s energy – and you need to raise yours to change your life.
Think of your unique energy as a gas that fills the space of your reality. Whatever “gas” or “energy” you pump out into your immediate space will define your existence.
Viktor Frankl, a psychiatrist and Holocaust survivor, said this in his book, “Man’s Search for Meaning”:
“To draw an analogy: a man’s suffering is similar to the behavior of a gas. If a certain quantity of gas is pumped into an empty chamber, it will fill the chamber completely and evenly, no matter how big the chamber. Thus suffering completely fills the human soul and conscious mind, no matter whether the suffering is great or little. Therefore, the ‘size’ of human suffering is absolutely relative.”
So if you want to invite exceptional things into your life, you need to set the stage first.
And you can do that by leading with the right energy.
That’s why being grateful and appreciating what you have is a powerful way to recalibrate your frequency.
Most folks hold off on feeling this way until AFTER they get what they want. But that’s putting the cart before the horse, as the saying goes.
When you LEAD with gratitude, it will act as the precedent for everything good that follows.
Discover the Lazy Person’s Secret To Get Everything You’ve Ever Wished For – CLICK HERE
What I like to do is start my day by making a list of things I’m grateful for. If I miss anything, I save it for later and update my list at the end of my day.
Affirmations are good too, yet gratitude is more powerful. I’ve written a lot about that in my earlier work.
And when I go over my list during the weekend, I’ll see exactly how much marvelous stuff I’ve accumulated.
This creates a kind of snowball effect and helps me attract even MORE pleasant stuff down the road.
Step #2: Be generous
This can be a challenge for some people if they feel like there isn’t enough to go around.
But if you share whatever you can while asking nothing in return…
… you’ll generate the energy that attracts prosperity for everyone…
… including YOU.
Again, this is the Law of Attraction at work.
Try offering your time, talents and material wealth to those who need it – you’ll soon invite blessings without even trying.
Step #3: Visualize your future
What I find amazing about kids is how powerful their imaginations are.
When they role-play with other children, you can see in their eyes how REAL their games are in their own minds.
This is something that’s lost on grown-ups who haven’t learned about and practiced the skill-set of the law of attraction, and it’s important to recapture that ability to envision the reality you want.
The Universe likes to play games with us- the better you are at visualizing, the more you collect rewards.
Like I said, a certain energy attracts a certain reality.
So if you focus your energy and thoughts on that dream job you want or the car you’ve always wanted to drive, you’ll raise your frequency to ATTRACT those exact things. Learn how HERE.
Step #4: Let the negativity go away
When the awful times roll in and you feel like dirt, sometimes it’s better to step aside and let it run its course.
Having negative thoughts and emotions is normal, but you don’t always have to wrestle with them.
You can acknowledge what’s going on in your inner world – then stay on the forward path, anyway.
Let this negative energy pass through your system like a grave case of gas. The sooner you let it do its thing, the quicker you can get back to what you were doing.
(Sorry for the smelly analogy, but it gets the point across, doesn’t it?)
Step #5: Never stop growing
It’s good to have a daily routine in your life, but not at the expense of your personal development.
Most people are so set in their ways they’re afraid of the thought of doing something new.
Then they complain about their humdrum lives, or that some folks “have all the luck.”
Breaking out of your comfort zone is never an elementary thing, but it’s a step worth taking.
No matter how loaded your schedule is, find some chunks of time to do things that will help you grow.
Whether it’s taking an online course, joining a community, or taking up a hobby like playing a musical instrument, this is a powerful way to attract new and exciting things in your life.
Step #6: Avoid the “toxic” crowd
There are people who seem hell-bent on pulling others into their world of misery.
Whether they’re trying to lessen their own pain or enjoy doing it, you need to steer clear of them.
This means limit your negative conversations and seeking constantly to prove your point on social media.
It’s great to want to help people see fresh perspectives, yet it can take over your life. So be careful.
Instead, choose people who will have the opposite effect on your psyche. Not only does a person’s energy attract circumstances, it’s also CONTAGIOUS.
So make sure you hang out with the people who’ll inspire you to achieve greater things – and not bring you down with apathy or inaction.
Learn How to Force the Universe to Manifest Your Dream Life – CLICK HERE
Step #7: Give yourself permission to succeed
Most of the world’s most brilliant people were put down and belittled.
Somewhere along the way, someone told them they’d “never make it” or were “destined to fail.”
In your own life, certain people have tried to discourage you. It’s really not your fault.
They might have tried putting you down when you were growing up – or it could have been last week.
When and why it happened truly doesn’t matter.
What’s important is that you understand that NO ONE can put labels on you.
And they can NEVER give you permission to achieve what you want in life. You need to do that for yourself.
Don’t let their words define your “story”. You don’t have to fit whatever petty narrative they’re trying to force on you.
Step #8: Affirm who you are
Instead of feeding into the lies that people tell you, let this be the day to live your truth.
Create statements that embody the truth you will be AND to live in.
People do this all the time.
When Elon Musk tried to launch the world’s first privately owned rocket and failed, he told himself, “I will try again, and I WILL get that thing into orbit.” (Well, maybe not exactly like that, but you get the point.)
And so his company SpaceX went back to the drawing board and got it right after the third attempt.
Elon affirmed his truth, and it manifested into reality. In the same way, you can affirm whatever truth applies to you.
Be honest with yourself and acknowledge the things that TRULY matter to you.
You know it, and the Universe knows it.
The key is to repeat it yourself every day. For example, if you know deep in your heart that you want to make a better life for yourself, you can say something like this:
“I may struggle but I know deep inside that I have what it takes to improve my life. I see myself transforming into a happier, wealthier person who makes other people’s lives brighter.”
When you operate from even the tiniest shred of truth, you can grow that into a powerful force.
Step #9: Fail spectacularly
Here’s something most people don’t know about the Law of Attraction: before you can enjoy success and find genuine happiness, you need to crash and burn.
It’s better to go after what you want and risking failure rather than playing it safe and not trying at all.
To create order in your life, you must embrace the chaos that comes before it.
This is where you’ll find the real lessons, even if they hurt a little.
(Or sometimes, a LOT).
Think of yourself as the beautiful Phoenix, like in the mythological legends.
Imagine burning off bits and pieces of yourself that you don’t need. As you rise from the ashes, you’re reborn into a NEW YOU.
That’s evolution. It may be an imperfect and unpleasant process, but the results are very well worth it.
Step #10: Remove your BIGGEST barrier to success
People don’t realize that their greatest roadblock is none other than their own mindset.
They may say they want something to happen, but don’t mean it.
For instance, someone might want to lose weight, but they don’t want it bad enough.
Worse, they might not believe they can shed those pounds. A part of them refuses to acknowledge the faintest possibility of it happening.
I’m working with Type II diabetics and also with obese women in some of my other programs.
Believe me, this is real. Far too many people have lost belief in themselves.
This is pretty much why people NEVER attract the things they want in life.
To remove this barrier, you must change something inside you.
You need to dig deep and understand WHY you don’t want it as much as you say you do.
Are you terrified of suffering through getting what you want?
This turns most people off – they can’t process the discomfort involved with growing up.
We used to call it growing pains as young adults.
You need to deal with the reasons you think your desired reality is impossible.
It could be some deep-seated beliefs brought about by past events, or experiences growing up.
Once you sort this out, you’ll be free to do what you want with no pre-programmed beliefs holding you back.
Now, these ten steps we just talked about will get your foot in the door.
Once you perform them regularly, you’ll experience remarkable breakthroughs you didn’t think were possible.
But if you want to witness even MORE changes on a massive (or even cosmic) scale, you need to check out the FULL course called Manifestation Miracle.
Like the name suggests, I enjoyed a life-changing revolution not too long ago.
In a lot of ways, my situation was the same as Ronald’s. I worked myself to the bone and felt unfulfilled.
It trapped me in my soul-crushing career.
Even though I needed the money, I HATED having to put up a hollow appearance of a successful businessman.
But then I discovered how to turn my mind into a magnet for prosperity and abundance…
Learn how I unlocked the secret to ATTRACTING anything AND everything I wanted – CLICK HERE to watch the video now…
7 Powerful Ways To Attract Abundance In Your Life
“Don’t accept the fear that scarcity exists in any corner of your life. There is enough love, enough time, enough healing to go around. Give what you wish to receive.” ― Jewel. …
Marie, a stay-at-home mom of two kids, recently got back into the workforce. She focused on raising her kids, so she put her corporate human resources career on hold.
When Marie’s youngest child started going to high school (and her oldest started college), she applied for a position as vice president of operations at a well-known food distribution company.
The person who held the position at the job was just about to leave because they reassigned him to branch manager at another city.
So Marie went to the interview, nailed it, and got the job.
Now, that might not sound so remarkable and great, but things didn’t happen that easily. On the surface, it all seems like she had a straightforward process.
But here’s the thing – Marie used to work that same job at that same place before she made the family first decision to stay at home and take care of her family.
She knew the people well and had a fantastic relationship with them. Plus, they have an excellent working environment, and the benefits were more than substantial.
The only reason she left was because of her kids, and now she was ready to get back at it and with a refreshed and new perspective.
The problem was that there weren’t any vacancies at the company when she was ready to come back.
Marie looked for work elsewhere, but she kept her eye on her old job.
In fact, Marie was about to take an offer from another position she applied for but turned it down at the last hour when she got her lucky break.
Here’s the other interesting thing about it. Just two days before Lisa got her old job back, she’d been learning and applying different ways to manifest abundance.
Her sister, Janice, introduced her to the Law of Attraction and Marie figured it was worth a giving it her best college try.
Originally Marie felt the breakthrough in her work situation might be just a case of plain luck.
But then, another funny thing happened…
Marie’s car had broken down in the same week she got her old job back. It wasn’t anything serious, but the repairs came to $139.67.
At first, Marie didn’t think much of it. But then, she got a letter from her bank saying that she received a sizeable rebate on her credit card for being a loyal customer.
You can probably guess exactly how much her cashback reward was.
It stunned Lisa. She’d been using the same card for years now and got no previous letters about a reward.
At that moment, Marie knew it was more than just a random instance of good fortune. That letter she held in her trembling hand was a sign from The Universe.
Learn How To Use Destiny Tuning To Manifest The Life You Want – CLICK HERE
Is It Luck or Destiny Calling?
Many people think life is just a series of circumstances beyond their control. They don’t understand the power they contain, or how it can shape the course of their life.
Marie’s recent experience showed her she has the inner ability to attract the things she wants in life. That’s not all. She has the incredible potential to influence her very destiny.
We ALL have this ability, and it’s just a matter of developing it like any other skill-set.
It all starts with mastering your mindset and cultivating the right habits. After that, you’ll effortlessly attract more wealth, abundance and happiness than you know what to do with. Here’s how to get started today.
#1: Open Up And Allow Positive Light Into Your Life
When I think about abundance, there’s no better object to compare it to than the Sun.
When was the last time you worried there wasn’t enough light for everyone?
Have you ever been afraid the Sun would some day burn out and leave us all in desolation? Probably not.
Honestly, from a scientific standpoint in a billion years from now, that could happen. But as far as human comprehension can tell, that’s not for another several eternities.
Now think about that light inside you. There’s so much goodness, talent, and value that you can offer the world.
When you shine that light on other people around you, there’s no limit to the impact you can make on their lives.
And when you generously share this endless gift…
… you’ll find that it will come back to you in ways you’ve yet to understand.
#2: Unlearn Your Fear of Scarcity
Most of us are afraid that the worst will happen. We’re always stocking up, securing the hatches and over protecting ourselves from dangers we’ve yet to face.
In a lot of ways, we’re prisoners of our own fears. It’s mostly because everyone has their share of experiences that turned out negative about our lives.
It might leave someone a little jaded, change their outlook on life, and make them defensive.
Even worse is the fact it closes their minds to the infinite possibilities and opportunities that life has to offer.
So, they usually have these kinds of wrong thoughts roaming in their head:
– “How can there be any good left in the world when it’s been so unfair to me??”
– “that ‘having it all’ is a myth. You have to settle for whatever life gives you!”
Do any of the above sound familiar? I remember when I used to think like that and walk around with echos of sentences like that in my self-talk.
But the fact is that you can have your cake and eat it, too.
If you raise your frequency and tap into the energy of the Universe, you’ll find that it can give you everything you want—that is when you get the formula and hard code it into your system to get your energy right.
When you embrace the reality that life is abundant as you want it to be, you don’t have to accept lack…
… because it’s ALL yours for the taking!
#3: Detoxify Your Life
People often hold on to things in this world way longer than they should.
It could be junk sitting in your attic or basement. It can also be thoughts, experiences, and memories of events that are in your past.
Sometimes these might have served a purpose in the past.
But as you grow over time, you’re not the same person you were many years ago.
Your priorities and motivations have changed, and you have different needs now. You’re more focused and have a clearer sense of direction, so holding on to those things could slow you down.
Don’t let that toxic energy drag you back into past behaviors and thought patterns—it’s going to get in the way of attracting abundance in your life.
However, I’m not saying that you should throw away positive memories or experiences. Just let mentally go of the ones that don’t help you anymore, then move forward.
As for physical clutter, getting rid of it is also helpful from a psychological viewpoint. Look into the minimalism movement and figure out how to trim the fat wherever you can.
Joshua Fields Millburn and Ryan Nicodemus, known collectively as The Minimalists, are authors and filmmakers who talk about this topic.
They don’t reduce the act of de-cluttering to merely getting rid of stuff. It goes beyond that, and here’s what they had to say about it:
“Minimalists don’t focus on having less, less, less. We focus on making room for more: more time, more passion, more creativity, more experiences, more contribution, more contentment, more freedom. Clearing the clutter from life’s path helps make that room.”
Learn How To Use Destiny Tuning To Manifest The Life You Want – CLICK HERE
#4: Rewrite Your Story
Everyone has a narrative in their head, and it’s often TOXIC.
The problem is they litter the story they have about themselves with damaging and disempowering labels. And people don’t realize they’re committing this monumental error.
Like we talked about in the last point, people hold on to experiences and events they’ve had in their lives for years and years.
Doing this creates a distorted truth about who they are, thus repeating it in their mind over and over. Here are some examples of what I mean:
– “That kid from high school was right… you’ll always be that awkward loser who can’t get it together. That’s why you’re stuck in the rut you’re in now, and it will probably be like this my entire life.”
– “Do you know why your partner broke up with you? It’s because you’re insensitive and don’t care about anyone else but yourself. No wonder you’re alone now.”
– “Your dad always said you didn’t have the guts to pursue an actual career. He knows you’re not strong enough to stand on your own two feet, that’s why he’s always bailing you out.”
These stories and beliefs shouldn’t get attention in your life anymore. The less you feed them, the less power they’ll have over you.
Remember, part of letting go of that negative baggage is acknowledging it to begin with. Once you’ve come to terms with that story in your head, you can start rewriting it.
By doing this, you can create the space in your mind for abundance to GROW.
#5: Construct An Empowering Reality
You need to go from making a living to designing a life. But what if you don’t have a good pattern?
Years ago, when my grandmother used to sew on her sewing machine, she had a pattern which she placed over the cloth before making her cuts.
You’re creating your reality right now. But chances are you’re not being very intentional about the reality that you’re creating.
Reality is subjective; if you realize that it’s a construct, if you realize that you are choosing to believe something, then you can believe that you can do something about it.
Write the beliefs you have about yourself. On one side, list the things that empower you and move you forward.
The things that make you more confident, that give you the courage and the audacity to move forward. On the other side, list the things that demotivate or demean you and move you away from your goals.
You can believe things that empower you, and you can ignore the things that move you backward. It’s all a construct.
You get to chart your own destiny. Maybe you want to start a small business and stay there. That’s great because you can choose that.
Maybe you want to create a group of ecommerce websites. Maybe you want to have a net worth of $100 million.
That’s OK, too. You get to choose. You can do whatever you like. Since we are all unique people, we have different dreams and we should live them accordingly.
Remember, you reap what you sow. If you sleep in and go to work late and reap the return. Or get up early and outwork the others and earn a greater return.
Place your capital at risk and earn a return. Place your capital at greater risk and perhaps reap a greater return. You decide what you will sow and thus what you will reap.
6: Stop Making Excuses
Eliminating excuses is important because your future is won’t turn out like you want if you don’t get moving on the correct course.
If you only get the future that you work for, then what you work on is super important, right? You probably don’t want to juggle around with it.
If there is a list of things to not goof around with, “your future” has to be high on the list. Your decisions lead to your destiny. Do you believe that? You should.
It’s true. Eventually, what you do—and who you really are—determines what you ultimately achieve.
#7: Reinforce Your Reality
Mindset is crucial, but so is ACTION. You can have the most empowering thoughts in your mind, but doing something about it is the other side of that coin.
Taking action will help those thoughts of prosperity grow even more. So when you execute that vision based on your abundant thoughts, it creates a positive feedback loop that feeds on itself.
Therefore, it’s important to match every abundant thought with concrete action. This will REINFORCE the belief that gave birth to it.
Once you’ve set this cycle in motion, you can keep feeding it until it creates a ripple effect in your life. And even the smallest steps will ADD up and multiply exponentially.
Don’t ignore the little things you can do every day to support your mindset of prosperity.
Savor the small moments where you get to enjoy life’s abundance, then channel that positive energy into action.
Do the job you have with passion and dedication, even if you’re thinking of resigning. Have brief but meaningful conversations with people, like the barista at your favorite coffee shop or even that co-worker you haven’t been that friendly with.
Looking at the bigger scheme of things, your positive actions put a particular energy into the world.
And that energy will find its way back to you so you can keep doing the same thing, but on a bigger scale.
Lather, rinse, repeat.
In my experience, the BIGGEST challenge of getting into this positive cycle…
… is breaking out of a destructive one first.
That’s what I struggled with for the longest time in my life.
I know what’s like to get caught in a vortex of negative thinking and actions that put yourself down. Abundance was the farthest thing on my mind.
The irony was that I am supposed to be this successful person with the perfect job and the ideal partner. That’s what everyone saw when they looked at me back in school, anyway.
What I felt inside was another story. It was one of being trapped in the life that I made and burned out from having to create an appearance of success. I was essentially putting on an act. I had lost the actual person inside.
It all changed, however, when I took a novel approach to The Law of Attraction.
I tried it a few times before, but couldn’t manifest the abundance I wanted.
I was getting frustrated because I was getting limited results…
… until I discovered a small but powerful shift that made ALL the difference.
Effortlessly Manifest All The Abundance, Wealth and Happiness You Could Ever Want – CLICK HERE
Freelancing, The Future Of ‘Safe’ Employment
A freelancer is considered a self-employed person who: Pays their own self-employment taxes. Doesn’t have any employees. Sets their own rates…
Get this FREE eBook: Starting Your Own Freelance Business.
For those of you who are interested in making a Steady Income or Retiring Early…
Answer the question: Is freelancing a great career choice for me? Highly researched data and real income numbers for those of you who are interested in becoming a freelancer to make a steady income or retiring early. These Private Notes are available in eBook form for the first time.
Includes income scale. This is a free download. Click HERE.
**Learn more about the FREE eBook in this video.
Hey congrats on seriously looking into starting a home based freelance business! If you haven’t yet downloaded my short yet informative report on this subject do so above.
It has lots of income statistics that will motivate you and help establish the belief you need to get started on the fast track.
Nearly 60 million Americans freelanced in 2019, both full-time or part-time. They represented more than a third of the American workforce, according to a separate study by Freelancers Union.
There are more than 15 million full-time freelancers, with with 20 percent earning more than $100,000 per year, according to a study by MBO Partners.
A list of the highest-paying freelance jobs, recently created by a global freelancing platform, shows dozens of jobs in which freelancers can earn $80,000 per year and even more. A strong list is in the highly researched report.
Experts say that 2020 and beyond holds plenty of opportunity for those freelance workers with professional skills. Now with the COVID effect, it’s looking like freelancers will be even in more demand.
We preferred to use pre-COVID numbers in our report and not over inflate using hypothetical numbers.
Learn how to market your freelance skills and receive your first paycheck this week!
I’d like to take a quick moment to share a few tips with you, today!
The benefits of running your own freelance business, as well as the challenges, should be an exciting journey to prosperity for you. Taken seriously you will succeed. The journey to learning the freelance lifestyle is fun too. I’ve done it.
There’s a few things to be considered before you decide to jump on the
work at home bandwagon and begin your freelance business.
I’m not going to “kid you” working at home is still work, but it can also be the most profitable and satisfying experience of a lifetime!
Time management is your first key to unlocking your freelance pathway to wealth. Once you get time management nailed down you’ve pretty paved your path to the door to success for anyone who works at home, from their laptop, or remotely if you choose.
That’s why I made it the topic of the report that I have given to you above in this post. This is life-changing information we’ve researched and made available for those interested in owning their freelance business.
As the master of your home based business you’ll find that being your own boss, It took me a while to get used to working at home after commuting all those years and can take some getting used to.
You’ll find, out (as I did), that you are able to get much more done in three hours (that are well spent) than in three days once you realize the great income you can make as a freelance business owner.
For instance, much of the information that you will find to help you succeed can be found online, but this can truly become a double-edged sword.
You need to set some clear Internet boundaries from the start!
Surfing the Internet, Facebook, and email are menacing time vampires to the home based entrepreneur, who is trying to succeed and serious about making it their career.
A great tip for you is to learn time buffering. If you don’t then a few three-minute videos could easily eat up a whole hour or worse, a whole day!
A second tip is to learn to dedicate, solid blocks of time to work “offline”.
If you come up against a block, and feel you need to go online to do research to resolve the problem, then consider making a place holder at that point in your offline work and moving on.
Using this method makes it so when you do go online for information it’s done so with the attitude of getting in, getting what you need, and getting out quickly!
Tip number three is the use of a timer. Even if it’s for 5 minutes while you go online to lookup one tidbit of information.
You should definitely use a timer to set work increments of no more than one hour before stopping for a few minutes.
One of the greatest ad and copywriters of all time Eugene Schwartz, would set his timer for 33:33. Yes you read that right, thirty-three minutes and thirty-three seconds. It got him super results and he always talked about it in his seminars.
Make an account of the time you spend online so that you don’t waste a moment in casual browsing, that should be dedicated to progress.
Separate your personal internet time so you won’t let it interfere with your freelance business work.
Trust me, you’ll feel a whole lot better at the end of a day when you get a lot done and make a lot of money…than if you look up at the clock and find that you have blown the day unintentionally distracted, or worse, goofing around! I’ve done plenty of that and it’s a bad feeling at the end of the day.
Checkout the latest review of the top Freelance Training Program available.
In our free report you’ll find the top categories and researched incomes for each genre of freelancing. I wanted to include a few more so here they are:
7 Top Freelance Job Categories
Computer & IT tops the list. These jobs can range from computer repair to website maintenance to Internet security positions…
Accounting & Finance…
HR & Recruiting…
Editing and Proofreading…
Writing…
Administrative…
Project Management.
Jobs That Earn The Most In The Freelancing Industry.
For those of you who are interested in making a steady income or retiring early, here are the jobs that earn the most in the freelancing industry.
Programming And Software Development…
Social Video Marketing…
Web Design And Development…
Content Marketing/Writing…
Graphic Design…
Copywriters…
Video Editors.
Get on the fast track to freelancing and receive your first paycheck this week by going HERE!
Top 10 Reasons Relationships Fail And What You Can Do To Prevent It
For most people personal relationships have a huge effect on our business. Understanding the psychology of relationships can take us a long way in guiding them into calm waters. By purposely creating stronger relationships with those closest to us in our lives, our business success will flourish along with being a great example for others to follow.
Most of us want to meet and settle down with the “right” person, and most of us want such a relationship to last. At the same time, the majority of romantic partnerships end in dissolution. What are some of the major causes? Below are ten reasons why relationships fail.
Of course, every couple is unique. The longer two people share life together, the more likely complex factors become involved. The list of reasons below is not meant to be a comprehensive one.
These reasons simply represent some of the most common and damaging factors behind relational breakup and aren’t in any order.
1. Money Issues
The longer a couple has been together in a committed relationship, the greater the possibility of financial incompatibility.
According to research, differences over money is one of the top reasons for marital dissolution. A couple also doesn’t need to be married to have money challenges.
Money issues and disputes tap into some of our deepest psychological needs and fears, including and not limited to trust, safety, security, power, control, and survival.
2. Communication Issues
This one is huge. Many studies have identified communication, or lack of, as one of the top reasons for couples therapy, as well as one of the top reasons for break-up and divorce.
After over twenty years of research at one major university this finding was concluded. T
he single and best predictor of divorce is when one or both partners show contempt in the relationship.
Contempt, the opposite of respect, is often known as negative judgment, criticism, or sarcasm regarding the worth of an individual.
This is known as being “tough on the person, soft on the issue”. Contemptuous communication works like poison – it destroys the health and well-being of a romantic relationship.
3. Control Issues
The Mayo Clinic research group defines narcissistic personality disorder as “a mental disorder in which people have an inflated sense of their own importance and a deep need for admiration.” Narcissism is usually caused by a lack of true intimacy in a relationship.
Signs of narcissism may include (and are not limited to) superiority complex, grandiose self-image, entitlement, conceit, boundary violations, false charm, the Don Juan syndrome, manipulation, irresponsibility, rule breaking, extreme selfishness, negative emotions, and contempt towards others. Modern research indicates high narcissism is related desure for infidelity.
4. Trust Issues
Lack or loss of trust is one of the most harmful contagions to a couple’s long-term success as with any relationship. Without trust, a relationship misses two key attrubutes to a strong bond: security and safety. As we know in Maslow’s hierarchy of needs these are a basic need.
Trust issues may include jealousy, possessiveness, unreasonable decisions, physical and or sexual infidelity, mental game playing, lack of dependability, lack of support emotionally, lack of financial compatibility, and lack of common goals.
If you believe trust is a major issue in your relationship (or was in your former relationship), examine whether the lack of trust is based on a pattern of evidence (such as significant broken promises), or mostly subjective emotions (such as jealousy without proof). Consider honestly whether the lack of trust is based on something real or unjustified fears.
5. Different Expectations
It’s never been easy for a couple to walk a journey together for a long time and that’s never been more true than today.
The elements that frequently draw two people toward one-another at the beginning of a relationship – physical attraction, sexual passion, common interests, personality connections, socio-economic backgrounds – often become less central as the realities and demands of day to day life sets in.
Overtime, a couple’s expectations in the relationship may differentiate, as they begin to see their respective life plans as “what I want,” instead of “what we want.”
Some of the reasons relationship divergence occur between a couple include:
-Change in Physical Appearance
As we know men are mainly visual. They married for what the woman looked like then. As the body ages and medical conditions arise such as hormone imbalances, the woman may look very different than she did the day they married.
If you’ve been to your 10 year high school reunion you already are beginning to understand what I mean
-Is The Other Person Still Seen as Mr. or Mrs. Right?
Does your partner see you as the right person in their life at the present moment? In other words, how serious is your partner about being in a long-term committed relationship with you? What about you with your partner? Are you making sure you are on the same page in life and meeting each other’s expectations in the current moment and charting a course to continue with that in the days ahead?
-Priority Differences
Your partner has different priorities and expectations regarding the relationship.
For some, the significant-other relationship (and family) is the primary center of gravity of life. Nothing else comes close in its importance.
For others, a romantic relationship, even a committed one, is but one facet of life. There are many other aspects of life which, in their perspective, can justifiably take higher priority.
6. Moving Through Life at Different Speeds
When one partner is learning and growing at a rapid pace, while the other is stagnating, this may be a source of relational divergence. One example of this would be a partner advancing quickly in her career and society, while her significant other is stagnating at home.
The professional and social circles of the couple begin to diverge, and soon the couple themselves differentiate. They have physically, intellectually, and socially grown apart.
7. Compatibility Issues
Relational compatibility is a large topic worthy of full volumes of its own. In my books, relationship compatibility is explored in detail from several perspectives, including compatibility in intimacy, compatibility in personality types, and compatibility in attachment styles.
8. Relational Abuse
For the purpose of this writing, relational abuse is defined as the repeated mistreatment of an individual. Examples of relational abuse include: Verbal, emotional, physical, and/or sexual abuse. Pathological manipulation. Pathological Narcissism.
Pathological passive-aggressiveness. Excessive control and dominance. For more on this subject, see my books “How to Successfully Handle Manipulative People”, “How to Successfully Handle Narcissists”, and “How to Successfully Handle Passive-Aggressive People.”
9. Bad Habits
Bad habits may or may not directly involve the partner (such as a secret gambling addiction), can affect the relationship in a destructive way. Examples of bad habits are: Drug addiction. Alcohol addiction. Gambling addiction. Sexual addiction.
10. Grown Apart and Became Bored
If staleness or caught in a rut resonates with your relationship experience, there are a couple of elements to consider:
If you have been in a relationship for two years or less, and you and your partner have “grown apart”, it could be due to a lack of commitment, different expectations, lack of compatibility, or the natural process of trial and error when you were looking for your partner.
If you are in a long-term relationship, it is possible that life obligations (such as school, work, and especially child-rearing) got in the way of couple connectedness and mutual evolvement.
The “empty nest” syndrome is a very common example. It’s where the children have grown up and left the nest. Now the parents feel like strangers to each other. This is caused by not being focused on each another for so many years.
Want to go more in depth? Join the small handful of people who have learned to have a fantastic long term relationship with each other. Select your relationship category. Learn what goes wrong and how to fix it or how to avoid it in the first place.
Make sure you make your man or woman choice above, click on the button and join the small handful of people who have learned to have a fantastic long term relationship with each other. It doesn’t come easy so look at it like training for the future!
How To Build Wealth And Keep It
When you get wealth building into your sights you can have the kind of retirement you and so many other Americans dream about.
One filled with trips to visit your grand children, travelling anywhere you desire, and family celebrations at your mortgage free home?
Of course you know that’s what you want!
However you do need to live and plan today and moving forward with that goal in mind. Building wealth starts with proper planning at every stage of your life. You can do this it and I’m here to help!
You don’t have to earn six figures to do that and make this dream a reality.
The 4 Keys to Building Wealth
Whether you’re 25 or 82, some things are true no matter how old or young you are. Sure, we face different challenges and priorities at different stages of life, but some truths are foundational and constant at any age.
These four keys to building wealth are like that, and they’ll help you unlock and unleash your wealth-building potential. Ready? Let’s do this!
1. Get Out and Staying Out of Debt
Let’s get one thing straight: The only “good debt” is paid-off debt. The more money you send to banks in loan payments, the less money you have to save and invest for your future.
And trying to save and invest while you’re still in debt is like running a marathon with your feet chained together. Get debt out of your life first. Then you can start thinking about building wealth.
2. The Fully Funded Emergency Fund
Whether it’s a job loss, a car wreck or a broken leg sliding into second base at a company softball tournament, life is going to throw you a curveball someday. Maybe not today. Maybe not tomorrow. But believe me, it’s going to happen!
That’s why you need to have three to six months’ worth of expenses set aside in a savings account before you start investing. And don’t touch it unless it’s a real emergency (Christmas shopping is not an emergency, people!).
3. Invest 10 – 20% of Your Income for Retirement
Now it’s time to go on offense! Being debt-free and having money in the bank to cover emergencies gives you the foundation you need to start saving for retirement. Start by investing 15% of your gross income into retirement accounts like a 401(k) and Roth IRA.
When our team completed the National Study of Millionaires, we found that three out of four millionaires (75%) said that regular, consistent investing over a long period of time is the reason for their success. Building wealth doesn’t happen overnight!
4. Think Pay Off Your Home Early
Speaking of millionaires, we also found that the average millionaire paid off their home in 10.2 years, and two-thirds of them (67%) live in homes with paid-off mortgages. That’s not an accident!
Imagine what you could do if you didn’t have to worry about a mortgage payment every month . . . I’m getting chills just thinking about it! With a paid-for house, you could really build some momentum and accomplish your financial goals even faster. Who knows? You might even be able to retire earlier than you planned!
How to Build Wealth at Any Age
Take a second to think about what your life was like 10 years ago. Things probably looked a lot different back then, right? Maybe you were still in college. Maybe you weren’t married yet and didn’t have any kids. You might have even had a completely different career and salary.
Now let’s talk about the future: What do you want your life to look like 10 years from now? That’s a lot to think about! But listen to me: A lot can happen in a decade, and what you do right now—no matter what age or stage of life you’re in—will have a huge impact on where you are 10 years from now.
Here’s a decade-by-decade look at what you can do to maximize your savings potential.
How to Build Wealth in Your 20s
You’re a Millennial. What does retirement have to do with you? A lot, actually. Because you have the most to gain when it comes to retirement. There should be no stopping you when it comes to building wealth because you have the one thing other generations don’t: time.
Here’s a scenario: Let’s say you begin investing $200 a month at age 24. But your friends, who bought new cars and took dream vacations on credit cards, delay saving for retirement until age 34 while they pay off their debt. At age 64, you’d have around $1.5 million in retirement savings. However, your friends would only have $530,200. That 10-year head start makes you a million dollars richer!
If you’re in your 20s, you’ve got a great opportunity to create a solid foundation for your future. Don’t waste it!
Want to build wealth beginning in your 20s? Here’s how:
- Steer clear of debt. If you have debt, use the debt snowball to knock it out of your life as fast as you can—student loans included. If Sallie Mae is living in your spare bedroom, kick her out ASAP.
- Live below your means. Just say no to things you can’t buy with cash! Overspending every month can dramatically impact your ability to save for retirement.
- Raise your standard of living slowly. This is not the time to grow leaps and bounds in houses or cars. Paid-for clunkers and small apartment rentals will do just fine while you secure your financial footing.
- Budget like your future depends on it—because it does. A monthly written budget assigns every dollar a specific purpose. Budget categories include things like food, clothing, housing, bills and savings. Plus, a budget ensures you’ll have the money for the things that are important to you, like fun money and retirement savings.
- Start early. As you can see in the example above, it doesn’t take a lot of money to build a million-dollar retirement—as long as you start early! Begin by investing just $200 a month, then add to that amount as your income grows over the years. That’s a wealth-building habit that will pay off not just in dollars, but in opportunities for you down the road.
How to Build Wealth in Your 30s
For everyone in their 30s, life is happily passing with a live forever attitude. You might have kids, a mortgage and monthly expenses that seem to eat away at your income. Saving for retirement could easily take a back seat to everyday living expenses. That’s not okay!
Here’s the truth: Life never gets less expensive, and saving never gets any easier from here on out. You’ve got to commit to carving out the money and sticking with your saving and investing habits. You can do this!
If you’re a 30-something, consider these wise moves:
- Watch your housing budget. If you’re unable to pay cash for your house, remember to spend no more than 25% of your monthly take-home pay on a 15-year fixed-rate mortgage. Don’t make the mistake of becoming house poor, especially at the expense of not being able to save for retirement.
- Have your emergency fund securely in place. Keeping adequate savings on hand guards you against dipping into your retirement fund or going back into debt when an emergency happens. And it will eventually.
- Max out your retirement savings options. If your employer offers a 401(k) match, contribute up to the match, and then fully fund a Roth IRA. Your goal is to save 15% of your gross household income for retirement.
- Save for retirement before you save for your kids’ college. Your kids may or may not go to college, but you will retire someday. So, make saving for retirement a priority over saving for college if you can’t afford to do both.
How to Build Wealth in Your 40s
A recent study reported in this downloadable pdf that Generation X workers, which includes workers currently in their 40s, have saved $66,000 across all their retirement accounts. That’s not going to cut it! Realistically, you’ll likely need enough savings to replace 80% or more of your pre-retirement earnings to maintain your lifestyle throughout your golden years.
If you’re not where you should be with your retirement savings, you’re not alone. Many Americans are in the same boat. But now it’s time to get serious about your future.
Here are three ways to get back on track:
- Know your portfolio. Meet with a financial advisor and make sure you’re investing the recommended 15% of your annual income in retirement accounts like a 401(k) or a Roth IRA. Automate your contributions if you’re not already doing so. Every time you get a raise, add it to your retirement savings.
- Don’t borrow money from your retirement account. Find other ways to pay for unexpected medical bills, home improvements and college expenses. If you borrow from your 401(k), you’ll have to halt contributions until you pay back all the money. And you need all the time you can get to let the interest grow!
- If you have a mortgage, start paying it down. If you have a $250,000 balance on a 15-year, fixed-rate mortgage with a 4% interest rate and you can pay an extra $300 each month, you could pay off your home two-and-a-half years early. The goal is to create a mortgage-free retirement as soon as you can and boost your retirement savings to make up for lost time.
How to Build Wealth in Your 50s
According to a study conducted by a reputable firm, 53% of working Baby Boomers who aren’t currently saving for retirement have no plans to save. It’s time for Boomers to wake up! You need to take advantage of the retirement savings opportunities that come with age. If you don’t, you’ll face a financial crisis in retirement. So, if you find yourself in your 50s with little or no savings, this is the time to play some serious catch-up.
Check out these great options:
- Annual catch-up contributions. If you’re 50 or older, you can invest an additional $1,000 in your Roth IRA for a total of $7,000 each year. You can also invest up to $25,000 in your company’s 401(k) plan.
- Wait to withdraw your Social Security. You can claim retirement benefits as early as age 62 or as late as 70. Delaying your claim will increase your monthly benefits. If you can wait until your full retirement age, you’ll receive more money each month.
- Health insurance. The likelihood of needing medical care increases with age, so be sure to keep at least basic medical insurance coverage at all times. One major health crisis could set you back financially and delay your ability to invest more for retirement.
Where Do I Go From Here?
Ready or not, retirement is coming. How prepared will you be when you get close to retirement? That depends on you. You have the power to take the necessary steps to secure your retirement future!
You can start moving toward your retirement dreams today by reaching out to a financial advisor. A qualified professional like one of our SmartVestor Pros can help you create a plan based on your individual needs.
Check out this link to Regal Assets. We believe it to be the very best investment on the planet no doubt. So many people are choosing this safe and highly effective method it is amazing. Go ahead and get your free information. Nothing to lose.
If you’ve ever thought about starting your very own online business you may be interested in this recommended resource.