Tuesday, February 22, 2011
Monday, February 21, 2011
Thursday, February 17, 2011
Grow Your Money with the Least Effort with Passive Investment
Everyone needs to earn money because it is necessary to live a happy and rewarding life. However there is this notion that earning money needs be an exhausting task. Though true to some extent, people should also be aware that there are many ways one can earn good money even without exerting too much effort. .
Have you ever seen an advertisement with a promise that one can earn money even while sleeping? You have probably thought it is too good to be true—but with the right decisions and strategies, what the advertisement says is very possible. This is called passive income.
Passive income is the money earned by an individual without putting much effort. This is usually interest or dividends from various investments such as time deposits, savings accounts or income generated from properties or equipments purchased.
It is different from the more common way of earning money which is called active income. Active income is money earned from direct work rendered such as salary or earnings from a business venture. It is called active income because one needs to exert regular effort to earn money from it,
The ideal is that one would use the money saved from the active income to acquire passive investment and be able to have passive income. One way to attain financial freedom is to realize that one of the good things about having money to spare is the opportunity to even make it grow. The road to financial freedom involves allotting money for passive investment.
It is wrong to think though that earnings from passive investment comes too easy or instantly. Passive income only starts to come after one has invested time and effort to it. The decision to purchase or stat a passive investment is not so different from starting a business venture. They both require capital, commitment and market research to gauge how profitable it is. The only difference is that in passive investment, once it is set up, the investor will only wait for the money to come. If there will be something to do later on, it would just require minimal effort to keep the investment in good condition. Earnings from passive investment can be likened to a reward one gets from a doing a good job earlier.
One type of passive investment is purchasing a property. One needs to shell out large amount of money to buy a land, a house or lot. One may also need to invest effort and money on construction and maintenance. It sounds like a difficult endeavor but in the long run will prove to be very profitable. Investing in property is said to be the best investment because the value of the land appreciates in time. The owner can set it up for rent or lease so with the least effort, he gets a continuous source of income.
Those who are talented and gifted also have lots of opportunities to earn passive income. For example a musician that composes a popular song can sell the song and earn money. But as the rightful owner and composer of the music piece, the earnings do not stop there. The musician gets paid whenever the song is used elsewhere, thus an excellent source of passive income for him.
Some would think that passive investment is only for those with lots of extra money or the extremely talented ones. But the good news is that creating a passive income is much easier now than ever before. The advent of online marketing makes it possible for many to earn passive money through the internet.
Some types of passive investments one can venture into online are joining affiliate marketing programs, creating software products, creating e-books that offer essential information or setting up a website and building its traffic so in the end one can offer advertising spaces for a fee.
Having a passive income has many benefits. For one, the investor does not have to spend long hours at the office or in a place of business just to earn money. The investor is given more time to spend for himself and his family, thus improving the quality of life. Another benefit is the fact that earnings from passive investment are limitless depending on the type of investment one acquires.
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Wednesday, February 16, 2011
Top Islands to Visit in Asia
Hardly is anything more romantic or more relaxing than the idea of an island getaway. Just you and someone special in your life lazing the day away listening waves crash into the surf. Island resorts are also ideal for families and vacationing friends because they are packed with all sorts of activities.
The tropical weather of Southeast Asia makes it the ideal destination for an island resort vacation. Here are a few of the most beautiful island resort destinations in the region.
Bali is one of the most beautiful island destinations, not only in Southeast Asia, but in the world. Although they are most known for their white sand beaches, the region also offers a varied landscape, including hills and mountains, volcanic hillsides, and rice terraces.
Tourists who want to visit Bali will have no shortage of beautiful resorts, spas, and hotels. Some of the highest rated resorts in the area include:
• Kaymanis Ubud Private Villa and Spa
• Royal Pita Maha
• The Bale
• Ayana Resort and Spa
• The Laguna
In addition to Bali’s beautiful land and seascape, guests will also be privy to colorful local culture. The area is also known for its hot springs and for the religious festivals held there throughout the year.
GILI ISLAND, INDONESIA
Located in Lombok, Indonesia, the Gili Isalands are one of the most popular tourist destinations in the country. The islands are popular for being a part of the Banana Pancake Trail for backpackers,
In the recent years, they have also become a top stop for mainstream vacationers. There is also a steady crop of glamour vacation destinations popping up everywhere on the islands. The island is also home to a considerable group of expats.
It is an ideal destination for people who love to Scuba Dive, especially for beginners. The Gili Islands are also known for staging an environmentally friendly and reef preservation movement since the reefs were badly damaged in the past. Nowadays, the reefs surrounding the Gili Islands are home to a thriving marine life.
Some of the top resort destinations in the Gili Islands include the following:
• The Oberoi, Lombok
• Hotel Tugu Lombok
• Sheraton Sengigi Beach Resort
• MannahKebun Villas & Resort
• Holdiay Resort Lombok
KOH CHANG, THAILAND
The second largest island in Thailand, Ko Chang is one of the less densely populated islands in the eastern part of the country. It is known for its sprawling beaches, white sands, and gentle surf. Wildlife is also thriving in the island including deer, elephants, and a considerable number of birds. It is also home to several waterfalls such as Klong Plu, Kongoi, Klong Nonsi, and Klong Neung.
Diving, trekking, walking, and guided kayak trips are just some of the activities that tourists vacationing in the island can do.
Some of the top resort destinations in the area include:
• Aana Resort and Spa
• Amari Emerald Cove Koh Chang
• Aiyapura Resort and Spa
• Noren Resort
• Panviman Koh Chang Resort
Mactan Island, PHILIPPINES
Mactan Island, Cebu is listed by many magazines and travel guides as one of the must-see islands in the Philippines. It is a large island that is known for its history and for its pristine white beaches.
Water sports are offered in most of the beach resorts surrounding the island. There are also many other activities that tourists can do including visiting some of the popular local dining destinations and historical sites.
Some of the top resorts to visit in the island include:
• Plantation Bay Resort and Spa
• Cordova Reef Village Resort
• ALTA Cebu Resort
PERHENTHIAN ISLANDS
The Perhenthian Islands are located in Malaysia, towards it northeastern coast in the Terengganu estate, close to the Thai Border.
Their name means ‘a place to stop’, Perehentian Besar and Perhentian are the two main islands in the area. Because of its more affordable accommodations, Kecil attracts a lot more tourists. Activities popular to tourists include Scuba Diving, snorkeling, and other water sports.
Top places to dive include Tokong Laut, Sugar Wreck, and Redang Island. Dive centers include Angel Divers, Turtle Bay Divers, Quiver Dive Team, Spice Divers, and Sunlight Divers.
There aren’t many luxury places to stay on the islands themselves, but there are a lot of places to stay there. It is ideal for travelers who are looking to visit for longer periods. Some places worth checking out include:
• Bubu Long Beach Resort
• Moonlight Chalets in Long Beach
• Impiani Resort, Kecil
• Shari-la Island Resort, Coral Bay
In addition to the above, some of the more interesting islands in Asia include Boracay Philippines, Sipadan Borneo, Phuket Thailand, Ko Samui Thailand, and Ko Lipe Thailand.
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Forex Trading: Casino Luck or Business Skill?
Nearly every day I get emails from Forex trading gurus bragging that this week they got so many PIPs on certain trades. The fact is, if you enter a trade for almost any reason during a trending market you will be likely to win. In fact odds are if you enter a trade for any reason you should have a 50/50 chance of winning. What is important is if you can consistently maintain a high percentage of winning trades over time with larger winning trades than losses. To do that you need something other than a method of getting in by using an indicator crossing a certain level.
You need to actually see through the noise and chaos and recognize the real reason to enter or exit a trade that shows clearly shows the difference between what we call a pullback or retracement and an actual turning point, a reversal.
When the market seems to be moving in the opposite direction of your trade how do you know whether it is retracing and will continue in the same direction or whether it is reversing and you are about to lose if you don’t get out quickly? Several traders in our community have recently told me that this skill is the most powerful and liberating breakthrough they have experienced.
The ability to recognize the real reason for why to enter a trade is extremely life changing. But the ability to recognize when to exit a trade and when to not exit, that is when to stay in a trade is what really makes the biggest difference in your bottom line results in Forex trading. If you want to see your account multiply and increase and really earn a living from trading as well as create wealth and capital that you can use for other investments, then this particular skill is essential.
As more people have seen what traders are accomplishing with our training system and in our live trading sessions there has been a little too much frenzy for my taste with people interested in getting involved. If you are interested in making Forex trading your full time business this year, its better that you make a calm, relaxed and reasonable decision and take action only because it makes good business sense and is aligned with your goals in life. It’s essential to make good trading decisions in in a calm and relaxed state of mind and when making a decision to start a training program over the next 6 months to a year, you should also make that decision after careful consideration.
There’s no real magic short cut to developing skill in trading. No special indicator or robot is going to accomplish what proper training and experience can do. But there is a way to save months or years of frustration by learning what to focus on and what to ignore in trading. Once you see what you really need to be focusing on then you can develop that skill quickly.
At the end of this video you will see an example of what we do every day in our live trading sessions.
To watch the video go click this link: http://www.youtube.com/my_videos?feature=mhum
Sunday, February 13, 2011
Thursday, February 10, 2011
How To Trade Forex With The “Rhythm Of Profit” By Doing The Opposite Of The Herd
In Forex Trading most traders choose to enter and exit trades in a way that is not in the rhythm of profit This rhythm is partly a psychological mindset that is different from what is normal behavior. But it is also a very specific ;technical analysismethod to enter and exit trades at the points that tend to give maximum profit and high probability for consistent winning. Once you see how this works and experience it for yourself it can transform your
How To Trade Forex With A Mobile Android Phone, Ipad or Iphone
Scott Shubert, of Trading Mastermind has already done some research and testing to find out what is currently working on Android mobile phones and iphones and what is the story on Metatrader Mobile for Android as well as Windows Mobile.Using a tablet such as an Apple Ipad or a Samsung Galaxy tab can enhance your lifestyle as a Forex trader. ; There are times a places for laptops and notebook computers and there are times when you may want to do your Forex trading only on a small handheld mobile device.
Wednesday, February 9, 2011
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