You Only Lose If You Quit!

I found this article I wrote Years ago while surfing the web (slow day in the market - even though the Dow did hit and close above 10,000 Yea!), and thought I would share it with you. It's a good pick-me-up for anyone that might not be where they want to be financially right now. Enjoy!

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I received an email from a man who told me that his family would all leave him if he got involved in another home business opportunity! Apparently, he had failed in a few attempts at home business, and online trading, so the family had this man labeled as a loser. Sound familiar?

I cannot understand why your family would disown you because of your wanting to set up a business to provide for them. Just because you have failed in business, that does not make you a loser! Many of the wealthiest men in the world have failed many times! Most of us have heard the story of Abe Lincoln, who failed in about everything he tried, until he became the 16th president of the United States.

I have failed in many of my business ventures, but the lessons I learned from those experiences are invaluable to me. I have earned more in one week than many people in the US earn all year! If I'd quit years ago, I would probably be working 40 hours somewhere for a lousy $300 or $400 per week right now. With my home biz, and the Internet, I can make that much or more if I work or not!

In many businesses, including any good home business, you only lose if you quit! Think about it. In many home biz opportunities today, you have the possibility to earn more than many doctors, lawyers and other professional people earn! It may take you a few months or even years to get there but how long did those professionals have to go to school to get to the large incomes? YEARS OF STUDY AND BIG TUITION CHECKS - MUCHO $$$$$$ !

I have a good friend who has been in networking over 20 years now. In the first 18 years, he barely scraped by. Finally, he got with the company that was right for him. All those years of experience PAID OFF BIG! He now is the top dog in a very popular nutritional MLM company, and earns over $300,000 PER MONTH! This is not some hyped up story, because I actually have seen the man's checks. How many professional men would like to make that kind of income? If he would have listened to everyone telling him he was wasting his time, he never would have gotten there.

If you have been involved in the home biz industry for any amount of time, no doubt you know folks who make incredible money. Sure, there is a lot of hype but, there are a lot of true success stories as well. What if my friend had worked a 40-hour per week job all his life? Just over broke, right?

One woman we know of made over $400,000 last year selling other people's products with online Free Affiliate programs! The opportunities are endless for anyone with a creative mind who is willing to work.

With the Internet in the picture, we have not even seen the start of the types of income that will be generated online. Online networking is where mail order MLM was back in the 60's - its infant stages! For those who have taken the time to do their homework, and/or get with someone who has, the sky is the limit!

If your family and friends make fun of your business, smile! Many others before you have dealt with the same thing. One day, if you have the right product or program, do your work, and stay consistent, those folks will just have to eat their words.

I love to run into ones who at one time spoke to everyone in my county and told them what a "fool Doug West is" for being involved in that "no-account business", that I should "get a real JOB!" Now, I do not believe in a showy display of one's means of living by any means, but in a small area, word gets around when you are doing pretty well financially. Those good old boys with the real jobs... they'll start to wonder what would have happened if they had started their own home biz way back when.

Things come back to ya' sometimes. Let people talk - because they will anyway. Just remember - YOU CAN'T LOSE UNLESS YOU QUIT!

Market Timing That Actually Works

Many people look for ways to time their entry back into the market. Even though their timing was lousy on the way out, they are still convinced that they can time their way back in!

Why did so many folks lose retirement funds in their IRA's and 401k's? Because they are still holding fast to the old buy-an-hold strategy.

In watching CNBC this morning I saw an example of the very thing I have been preaching about for years now. Mark Haines and Erin Burnett anchor their show "Squawk on the Street", from the New York Stock Exchange. They are always asking investors and corporate executives if it is safe to go back into the market yet. This morning Erin said something like, "With all these professionals trading and going in and out of the market, how does a regular person like me time their entry into ETFs or stocks? Does the buy and hold strategy even work anymore?"

The answers to her questions are not important here. Her statement reveals a LOT, and is what we have been telling folks for years. The Professionals are "Trading" their money. They don't buy and hold, so why should you?

During the meltdown, they were shorting the market and riding it down. During the rally they were riding it back up. The same thing we were doing as index traders. Yes, there is market timing involved, but not in the sense of "is it safe to get back in yet". That is a foolish game in our opinion. The short daily swings in the market are MUCH easier to predict than the overall long term direction. Even while folks are waiting during a several day rally for the right market timing to get back in, traders are riding it up or down many times on the smaller moves.

Sure, there are many things you could trade, and they all involve timing to some extent or another. In fact, the index trading that we do is all about timing. The big difference is that we are NOT looking for some magic moment to get back in the market and hope it keeps up trending for years to come. We will take whatever the market throws at us. That is market timing that really works. If it changes we can quickly get out and go the other way if we choose to.

You can do the same thing with your IRA, 401k, or other retirement account if you want (we like the Roth, so that all of your trading income can be Tax-Free). Don't wait for the magic moment to get back in, and get your account growing! Pick up some trading skills, and use the type of market timing that really works!

Great Trading In Hard Times

Index trading has been really great lately. Seems the wild swings of the markets have slowed down to more normal moves.

Many economist feel things will get worse before they get any better. President-Elect Obama stirred things up this week by being honest and telling folks that things could get worse. That is not the message that many wanted to hear, but it sure seems possible.

The good news is the if you learn how to trade the index, it does not have to be bad financially for you, your family, your 401k, IRA, or bank account.

If you missed our opportunity call last night, you missed a good one! However, you still have a chance to listen in. Just rush over to:

http://oiopro.com/lastcall.html

You will learn the importance of keeping it simple, and you will hear about what others are doing with our simple index trading training.

If you don't have the money to get started, or even if you do, check our awesome Real Estate opportunity out at:

http://ipaycashforyourhouse.com

What are you waiting for? Join us now. We'd love to help you build some income streams that the recession can't take away!

2 Tips For BIG Cash in Hard Times

In times like this, when the economy is slow, folks are scared, you NEED to DO SOMETHING to break out of that mold. When a person is scared, they don't move, or they move slowly. In this article I want to share with you 2 great tips on how to make HUGE amounts of cash in down trending economies.

The first thing is that you should have more than one stream of income. I have been a big fan of multiple income streams and I was preaching that before it ever became a catch phrase online. I taught that principle to folks way back in my mail order days!

So, here is Tip #1.

If you want to do Great during and right through hard times, then you need to have some income streams that are NOT affected by the economy. That is exactly what Index trading is, an income stream that is not effected by hard times.

Tip #2

The next thing I would encourage you to do is to find something that actually does Better in hard times, or takes advantage of the economic climate. That being said, we would like to introduce something just like that to you now.

First, here are the conditions that make this multiple income stream opportunity so powerful right now:

1) Real Estate (RE) - Even folks with good credit are finding it hard to get mortgages right now. Many realtors are leaving the business, and RE investors are hurting. This opportunity can help them and earn YOU a LOT of money (even if you don't want to invest a dime in RE).

2) Troubled Assets (TA) - the T.A.R.P. program was pitched to congress as a $700 BILLION bailout plan for ma and pa -to enable them to stay in their homes. To date not one dime has went for that purpose. Recently Paulson came out and said that they will NOT be buying ANY troubled assets with the remaining $350 Billion (the first half went mostly to his buddies on Wall Street -and part of the first $350 Billion they are not even sure where it went, or won't tell us - go figure). Some HUGE banks did get money, but there is no proof that they are doing anything to help ma and pa!

So how do we cash in on those factors?

Glad you asked. For the answer please FLY over to:

http://iwantbigcommissions.com/Use-Our-Cash

Now you have the information you need to DO SOMETHING and make 2009 a GREAT year for you and your family. Now what are you going to do with it? Nothing if you don't visit the above URL right now. There is no reason why the economy has to be a downfall for you! Don't make excuses.

Are You Debt-Free Yet?

We have been telling our readers for some time now that the best thing you can do for your finances is to get completely out of debt. The mess on Wall Street really brings that strategy to light.

While big companies are falling to the way side, the firms with no debt and cash reserves are doing just fine. That is Exactly the position you need to be in as an individual. If you are not paying the typical amounts to interest and taxes, you are going to be in a MUCH better situation than most people are these days.

No doubt inflation has effected the family budget.

The Bush oil men started their plan of bringing on HUGE oil and gas prices several years ago. They apparently never stopped to think that if the common folks are paying 3 times what they are used to for gas, they might not be able to pay their mortgage bills, car notes, or credit card usury fees (which many families have been forced to run up to pay for their gas).

Now the financial backbone of the country is in crisis, and Wall Street is scratching their heads trying to figure out what went wrong.

Of course, now that Lehman, Merrill Lynch, Fannie & Freddie and many others in the financial sector have waved bye bye, folks are wondering where it all will end?

My guess is that this HUGE economic mess is no where near finished. Who knows, it might even lead into the Great Tribulation mentioned in the bible. No matter what happens, we better all take steps to protect ourselves now, and not wait on Washington to fix it.

Statistics show that most folks who declare bankruptcy could have saved themselves with just a few hundred extra dollars per month. That is a very realistic goal for most home biz entrepreneurs. There are many ways to do that much and More online.

If you are in the business of helping folks created income streams at home and/or online, then you could likely be part of the solution. Our feeling is that it will be the entrepreneurs of the world that pull us out of this.

We favor the strategy of increasing income, and decreasing debt at the same time. Many people will wait until they are completely debt-free before they look toward increasing income. Why not do both at the same time? With just a little planning, you can be well on your way to the lifestyle you want. (In many cases you can cut out the fat and find additional money for debt reduction without increasing income at all.)

One thing is for sure, with their record, we can't wait for Washington!

To get our FREE PDF REPORT & ACTION PLAN VISIT:

http://theamericandreamisdead.org/

Did You Get Your Check Yet?

President Bush was on the TV with what should be his last State of the Union speech Jan. 30th. The Pres. assured us all that we can grow our economy by spending more money. He even promised to send us each a few hundred to help us do that.

Let's see, if you are already in debt up to your ears - like the US government is, how is sending out free money going to stimulate the economy? And, how is that going to help the US government?

OH, don't forget our friends over at the FED. The Reserve! The agency that is owned by the bankers. That masquerades around like they are part of the government. What many folks still don't know is that they all pulled a fast one on us by sticking that word Federal in front of their name. The same thing the guy at Federal Express did when starting his company.

Frederick W. Smith founded FedEx. I clearly remember years ago when he was on 60 minutes, he said that by the time folks figured out that he was not part of the government his company would already be well on it's way to BIG MONEY! Can't blame his reasoning? What a PLAN! IT WORKED for the FED why not FedEx too?

Let's quote right from the FedEx web site:

"Federal Express was so-named due to the patriotic meaning associated with the word "Federal," which suggested an interest in nationwide economic activity. At that time, Smith hoped to obtain a contract with the Federal Reserve Bank and, although the proposal was denied, he believed the name was a particularly good one for attracting public attention and maintaining name recognition."

I'm sure Smith did want a relationship with the Federal Reserve - who wouldn't! These guys have the legalized right to print money! Think about it. It does not matter if it is a $1 bill or a $100 bill, it cost them about the same to make it (a few cents each). Then they "LOAN" that money at full face value to the US government. Full face value PLUS INTEREST!

So if you are thinking that Bush's plan to grow the economy by handing out $100 bills won't cost anything - Think Again! Where is that money going to come from? That's right - the good ol boys at the FED. These mystical folks seem to be able to pull money out of thin air! Just think, with today's high-tech world, the FED can just punch a button on a computer somewhere and release new funds to the world. Most of which never represents new bills being printed, but just credit in some bank or financial institutions account. Electronic numbers moving through nanoseconds of time and space.

Not only does the FED create money, they also have the ability to set their own interest rate! The Fed's Open Market Committee (FOMC), announces their interest rate decisions. This is NOT the interest rate that you and I can get money for, (why don't we all meet at the Fed Discount Window - wherever that is) but what the BIG boys who keep the whole world flowing receive. They in turn pump up the volume and pass the savings on to you and me right - WRONG! It could take weeks or even MONTHS after a cut to see any savings at the consumer level, if we ever see any at all. So why do the markets get so active after an FOMC announcement?

Well again, the BIG boys are the ones who really move the market right. We just want a small slice of it. That's all. Remember that when you are trading (or practicing the trade) an FOMC announcement. Don't get greedy. Get a quick profit, and either follow it with a stop, or just get out and smile! Remember that it could GAP past your stop too.

My guess is that this HUGE economic mess is no where near finished. Who knows, it might even lead into the Great Tribulation mentioned in the bible. No matter what happens, we can all do well with Simple Index Trading. I look for GREAT times ahead for our team. We might have to pay more for the things we get, but at least we can stay home and earn the money to get them!

If you have never traded LIVE on a FED announcement, you really need to practice it.

See a video on trading a Fed Play here:

How To Trade A Fed Play


For a great video on taking advantage of down trending economy moves visit:

http://nosecretincome.com


Come back to our blog here to read other tips on Index Trading Moves.


Have fun with it, and I hope to trade with you soon!


Doug