Becoming a Millionaire in a Virtuous Way

By Mitchell Derosa

They say patience is a virtue, and there's no time this is more true than when you are setting out to increase your personal wealth. More money for the sake of having more money is monotonous; instead, honest work and new pursuits lead to the best kind of wealth.

Life cannot be exciting every minute of every day; in fact, if there's no period of downtime to compare to, nothing can be exciting at all. If the entire focus of your life is on becoming wealthy, you can sap all the other pleasures out of life. While everyone may want to be wealthier, we want to be wealthier for the items and experiences that wealth symbolizes -- not just to see an extra digit on our bank statement. The continual pursuit of wealth leads to destructive and risky behaviors, like gambling and black market dealings. Or you might find yourself so discouraged by your relentless pursuit of wealth that you squander money on meaningless entertainment to try to make yourself feel better. Wealth should be the earned reward of hard work; and the harder you worked for wealth, the more rewarding the experience will be for you.

No one becomes a millionaire by snapping their fingers; it requires dedication, time, and patience. In order to make your first million, you'll need sound financial advice and a strong work ethic, and you need to pursue honest and sensical means of increasing wealth. If it sounds too good to be true, it likely is, and then you'll have wasted energies you could have invested elsewhere.

The case is often times that the world's hardest workers are often the poorest. Working hard is only one part of the millionaire's formula; to make a good deal of money, you have to work smart. Let us put it in this kind of perspective: To be a millionaire, you need to take on a job that puts you in a office at the top floor, rather than of sweeping the front lobby on the bottom floor.

It's easy to be jealous of people who come into a large sum of money quickly, whether it be through the lottery, an inheritance, or an extremely lucky stint at a casino. However, it's important to keep in mind that wealth you did not work for is very different from a million dollars that you saved and strived towards. If you've put your heart and soul into the pursuit of your first million, you will treasure it; if it comes into your life with no effort, it will effortlessly float out of your life, too. Plus, overnight wealth offers no promise of future wealth -- the chances of a second surprise winning are basically non-existent, so once the initial money is spent, it's gone forever. Contrast this with money you earn for yourself -- the work ethic you cultivated will serve to bring more money in for the rest of your life.

The best way to getting your first million dollars is to work for it. Yes, it may take years before you see it, and there's always the chance that you'll never see it at all; but if you don't start working for it today, you're practically guaranteed to fail. You can wait around for the money to fall into your lap, or you can head to where the money is by providing real value to others that they're willing to pay for. Whatever you do, don't give up; there are thousands of millionaires in the world, and every reason in the world why you can be one, too. Wealth is best enjoyed when it's earned through patience and persistence; best of all, those habits will serve to make your life more enjoyable no matter how much money you have. Falling just short of earning a million dollars is still a world better than just scraping by, or being in debt. Start today, and you'll see your first million sooner than you think. - 23305

About the Author:

To get more info on financial news, just go to the website that has it all to become rich.

Know How Forex Trading can Make Or Break Money For You

By Gary Mooney

Ask yourself: what do I need today? Due to the economic crisis that has gripped the country, you probably need money. And because of the stress that these problems have given you, you also need that extra money. However, when you think about it, you can easily find this business opportunity in the Forex trading industry. Your income can also come from MLM commissions coming from building a network of affiliates selling the Forex business to other people like yourself who need that break.

MLM Forex happens in the same way that a manufacturer gives discounts to their wholesale goods. Retail goods are actually priced higher than those wholesale goods. Now, being an enterprising individual, you'd rather buy those things wholesale-bigger quantity but you actually save money with each of them. You can make those Forex commissions from the difference between the retail price that you give and the wholesale price that you got. But since you're a generous person, you'd be giving a good value to your clients because they can also earn profits from Forex trading that way.

Then you ask yourself, what am I going to do to get started with this Forex business? Well, the truth is, when you enter this business, you should not enter it alone-especially since you're just beginning. The proposal is this: you join an established Forex company as a salesperson.

You'll become a Forex trader with that company. As a foreign currency trader, you don't have to have a quota of sales and you can establish this as your home-based business affiliated with an established company.

This way, your business, even if it's new, will have a legitimate back-up. You and your customers are assured of job and service security. Many people will discourage you from doing this and encourage you to establish your own independent business, but they are quite wrong in their assertions. Multi-level marketing or MLM is not the same as a pyramid scam and you don't need to invest in anything more than "word of mouth". Imagine that, you'll have your very own small and secure Forex business based on network marketing.

Other people may whine about the lack of finding any business opportunity but you are a level above these people. Neither are you the same as those people who get sold on dreams of owning a completely independent business because you're smart enough to know that there are insurmountable risks involved in that idea. So you are exactly what you are: a smart business-minded individual who seeks to make lemonade from lemons.

This will only be true if you make that smart choice and grab this wonderful business opportunity! When you think about it, what have you got to lose? In order to be a Forex trader, it doesn't have to be a full-time job. There is no need to quit the job that you have. In addition, you can have a separate activity that will add to your current income. Well, honestly, who doesn't need that today? - 23305

About the Author:

Gary Mooney is the author of this article. For more information about Forex trading as a home business, helpful to both beginners and more advanced entrepreneurs, please visit: http://www.GleemForex.com

A Guide To Noticing Investment Opportunities

By Mr Christopher Latter

Investment is the buzz word that is currently in the mouths of many people round the world nowadays. To gain profits or to gain high returns, there is no other best way than to put one's money as investment in some asset or the other. There are plenty investment opportunities out there in the market. Some or these include investing in real estate, investing in stock market, investing in mutual funds and even investing in IRAs.

First you have to be ready with the basic knowledge of the areas you want to invest in. For this you have get ready with investment education. You have to gain the decision making ability through research. You have to accumulate the money required to execute your plans. Let us see how to scope out investment opportunities in various areas.

Real estate includes various types of properties such as land, office complexes, new homes or any other rented properties and assets that are fixed and immovable. investment opportunities in the real estate sector are all about buying assets so as to make profits by selling them at a later point of time. Dividends from these assets due to possession or by deriving other benefits like rents also come in this category. Real estate investment is very much profitable during the phases of industrialization and urbanization as the productivity increases.

Another prospective investment opportunity is the stock market. There is no other place that has got as much wider public than the stock market. Before heading right away investing in the stock market, it is highly advised to careful research and analyzes the current trends of the area you are planning to invest in the stock market. The investor should be able to make wise decisions in choosing the right stock. One can also take the help of a professional advisor in preferring the appropriate stock that benefits oneself.

There are three basic criterions to determine the scope of stock investment opportunities. Before getting started you have to acquire basic understanding of stocks through various types of investing education available. You can even consult a good financial stock broker to acquire the knowledge. This is very helpful if you have less time available to concentrate.

Now let us look at the criterions. The first and the foremost criterion is to check if the stock has competitive advantages, good cash flows, healthy financial strength and reasonable debt. After this you have to know, if the company which provides you the stock has expert leadership, trustworthy administration and healthy management. You have to be sure that you investment goes in to stocks which have very poor and dull future prospects. These strategies will help you gain good profits through stocks.

Traditional IRAs delivering higher returns are also good choices as investment opportunities. Seek the help of a professional financial advisor to choose the best possible IRA scheme that best suits your needs.

Traditional IRAs too are good investment opportunities. Choose the best IRA that best fits your requirement. Beware of the hidden things underlying the IRA schemes. Evaluate the possible pitfalls beforehand in order to avoid undesired things from coming your way. - 23305

About the Author:

find out more about noticing investment opportunities in order to return large profits, visit my archive of other useful articles on good investment opportunities

Investment In Gold Will Secure Your Future.

By Charles Wilson

The value of the yellow metal, gold is definitely going to move to a higher bracket. This is one of the main reasons why financial experts are coaxing individuals to invest in this metal as they see it to be the most profitable investment in the near future. Your financial advisor must have advised you several times on diversifying your investment portfolio into gold, and may have given their own viewpoints on gold bullion investment.

Investing in gold is simple, there are 1 gram gold coins or gold bullion coins that you can invest in, you need to look at your disposable wealth for investment as well. Since the value of the dollar is globally decreasing, the value of gold is definitely moving way ahead, making it the best time to participate to trade gold. If you invest wisely now you will definitely get a huge return of atleast 157% higher than the original invested wealth.

There are a number of companies today like Atlantgold Corp that will help you create your own portfolio very easily and take an active part in the gold investment market. You can now buy gold and sell gold on website atlantgold.com. Here is an interesting reason and example by experts; if you invest $ 25000 in the gold you will definitely get a profit of $ 1,377,257.00 in a few years time. Atlantgold Corporation can help you achieve these heights of profit, thus giving you the financial security that you deserve. The service line and help desk at Atlantgold Corp will help you with your queries on gold investment, trade gold bullion, personal trading details etc.

Atlant Corp gives you four reasons why you should diversify into gold investment.

1. It need not be all serious; you can invest in the gold market for fun reasons. There are different values and weights of gold coins that you can buy and sell via atlantgold.com. You can collect some rare bullion gold coins or different types for your personal satisfaction through Atlantgold.com

2. Atlant Corporation believes that investing in bullion gold and gold coins is of great storage value. Look at the fall in economy today, just incase the crash happens to repeat itself; you can always fall back on your gold investment and use the smaller denominations for required purchases.

3. Bullion coin value - the gold bullion coin purchase is great for its value as a raw metal, and can also be of numismatic value. You can purchase your gold bullion coins from atlantgold.com and diversify your collection of gold coins and maybe in the near future they will have values of rare coins.

4. Its a good plan if you buy a diverse range of coins, you dont want to have one range of them, just incase some of them get worthless, e.g. The Gold Confiscation in 1933. You will be trading with the best and owing the best value gold coins, since Atlantgold.com makes sure that you receive the best in quality. - 23305

About the Author:

All details in gold bullion market and training to trade gold can be learnt from atlantgold.com

Stock Brokerage Houses are All Competition for Our Money

By Daniel Crislow

Many mistakes, many years later and stand before you is a man who knows about stock brokers. I've almost tried them all so I can quickly tell whether the interface is good or not, without making a single trade. Here's what I think about the different brokers.

Zecco is ultra cheap but it's one of the worst stock brokers out there. At the beginning, they were advertising free stock trades. Then, they changed it to 10 trades per month only. Afterward, they switched it to 10 trades per month only if you have $25,000 in your account. What gives?

OptionsHouse is relatively new but it's making headlines as it provides stock trades at $2.95 per trade. The options pricing is very attractive as well at $9.95 flat fee, making it one of the cheapest brokers out there. There's no bank or anything, but the cost may win you over.

TradeKing, while not the lowest price broker anymore, is still very good. It keeps winning awards like the Smart Money best discount broker award and others, all while maintaining their good pricing and awesome customer service.

As the name implies, OptionsXpress is all about options. While it has stock trading offers, options trading is where it really shines. It even has an extensive guide to options trading, which is good for beginners as well as professionals.

Scottrade was one of the oldies and I have a tough time spelling this stock broker correctly. Anyway, it offers $7 a trade and is probably good for you if you like the old style trading platforms. Otherwise, stick with the others.

TD Ameritrade really needs to update their interface, as well as lower their pricing. The price is high, not to mention that the website have been known to be down under heavy use.

Etrade used to be the most innovative and web savvy company but with all the troubles and all these up and coming discount brokerages, Etrade has a tough road ahead. Still, this firm has a solid offering if you don't mind paying a little bit more per trade. - 23305

About the Author:

Don't worry if you aren't paying free stock trades because some companies will give you money for your business. Optionsxpress, for example, is running an optionsxpress promotion code that will reimburse your transfer fees.