Investopedia Videos

source: www.investopedia.com

I know the stock market is an alien world you and I are in with the bizarre languages, symbols, and terminologies we encounter every day of the trade. Thanks to Investopedia and other sites and also our broker's site where we can get the information we need to decipher what buzz the market is talking about. 

source: http://www.financialnews.ro

But still we can maximize our learning experience if such information can easily be retained in our brains. Some download ebooks and audiobooks which they can access easily so that they can read or listen to the topic which they don't understand like Candlesticks, MACD, RSI, Bollinger Bands, Backdoor listing, Market Rally and the rest.

But what if we can see such info and explanation in a video? 

I remember back then when a friend's friend came here with his Japanese friend who wants to learn English asked how can Filipino kids who has no formal English lesson able to communicate to an American or anyone who speaks to them with English. The answer was the Tube a.k.a. the Television.

source: http://www.faqs.org

It is easy to remember when what we are learning is an engaging presentation just what the television does. That is why Robert Kiyosaki invented Cashflow 101 and 102. A board game about financial management which aims to get out of the rat race. The game actually covers accounting(a subject most wont like to talk about) and financial management. The more you play it the more you learn it and retain the concept.

That is why I want you to watch the Investopedia videos by going to http://www.investopedia.com/video/. The videos are well made that it presents the concepts of investing in a concise and easy to understand way, you get to learn the meaning of the nose bleeding words you have been encountering and reading in the newspaper every day. 

Ways to be debt free: Keeping your goals

 source: http://creditrepairtipsandadvice.com

I guess this is the last step in achieving debt-free status(or should I say this is the unending step) that you and I has to do. Let us recap the steps:

1. Accepting that you  are buried in debt

2. Make an inventory of what you have

3. Discipline

4. Setting Goals

If you think the rich has no problem keeping their goals because they have a lot of money your wrong. People who are truly rich(as differentiated who are just rich) struggle the same way simple person like you and me  in keeping one's goal. 

But there is a difference.

Persons who are struggling to keep their goals who are buried in debt worry asking themselves where in the world where will they get money to solve their debt problem. 

 source: http://www.learnvest.com

Truly rich people on the other hand worry how are they going to generate money from their money to pay off current spending.

 source: http://mamacanon.blogspot.com

If you have read Robert Kiyosaki or Bob Procter this is what they call "the role of money" in one's life.

For people buried in debt or financially illiterate, they work for money. Day in day out even though they have earned billions or even trillions but they are still buried in debt so they keep working for money thus they become slave of money.

 source: http://i38.tinypic.com

What should we be doing then? We must make money work for ourselves by becoming the master of money. 

You might blurt out the Bible says "Love for money is the root of all evils" and I agree with you so you ask why then you want me to be the master of money?

Here is one truth: Money is neither good nor evil, its the person using it that is good or evil.

So let us make things straight, whether you are rich or buried in debt we face the same struggle in keeping our goals. If you are debt free your goal is to get out of debt. When you do get out of debt and become rich never ever stop keeping your goal to be debt free. Continue that goal and whatever extra you have save it and make it work for you. 

 

When you finally become rich my friend please do me a favor. As the master of money use it wisely. 

There is another truth I have learned and I want to share it to you: The best way to enjoy blessings is to share it. 

When you are at the giving end it feels so good and it creates that "ABUNDANCE MENTALITY" thus you struggle more not to get out of debt(because you are not anymore) but to make money work for you so that you can give more.

Another thing that makes the rich richer and the poor poorer

 source: http://www.kccatalyst.com

If you remember my post on the same topic, you will remember that one thing that makes such things happen is because of TAX. 

Now there is another thing that makes rich richer and that is what we call ATTITUDE.

If you have already read Robert Kiyosaki's book "Rich Dad, Poor Dad" I believe you get the whole idea.

For those who haven't let me dispense what so far I have learned and digested.

source: http://www.sha.tc/tips/rich-dad-poor-dad

As Kiyosaki's rich dad, which is his friend Mike's dad, said the rich become richer because they keep on increasing their asset while the poor become poorer because they only increase their earnings.

The key ATTITUDE here lies on the definition of an asset. The poor define asset as a thing of value they owned. The rich define asset as a thing that puts money in their pocket. Because of this definitions the poor keeps on buying things which they consider has value like cars, house, and jewelries thinking that they have real value. 

 source: http://musicdjnik.blogspot.com/

This attitude is what we call the SPENDING ATTITUDE. And in order to spend they keep on working and working only to buy things for self use and the only way to feed that spending is to increase their earnings; just up to there and no other. Thus they work hours and hours to have overtime pay, slave to bosses so that they get promotion and have a raise, to the point that they try to impress the higher ups so that they get increase or bonus. This is what they call the RAT RACE; you have to work to feed that spending.

On the other hand the rich focus on one thing that is to increase their asset. They don't just buy things of value, they buy asset that put money to their pockets this is what we call INVESTING ATTITUDE. 

 

source: http://www.best-investing-guide.com/

They buy rental property, they buy stocks that give dividends, they buy small business which runs on its own and gives them earnings, they buy  property which can be resold at a gain, and so on. They buy things that generate income and re-invest those income to get more assets that generate income thus their asset increases so their earnings increases until to the point that they don't have to work because their assets generate enough to make them retire young.

The poor complains why the rich don't work hard and yet they have luxury. The poor gets jealous thus he works to earn enough and buy the same things he sees in the rich and end broke because of so much liabilities. The true rich on the other hand waits until his earnings  from his or her income generating assets is more than enough to sustain that asset's operation. The extra earnings becomes free money for her or him to use to buy and enjoy luxury. They only buy on credit to leverage. But there are rich who doesn't know such thus they make bad spending just like the poor and end up broke losing the money they have.

It is on how one handles money. That is why to be truly rich does not necessarily mean filthy rich but rather it is the point where one does not worry where to get the money to buy one's needs and one's luxury from time to time because they have assets that work hard for them.

source: http://sproutednutrition.com/

Another thing that makes the rich richer and the poor poorer

 source: http://www.kccatalyst.com

If you remember my post on the same topic, you will remember that one thing that makes such things happen is because of TAX. 

Now there is another thing that makes rich richer and that is what we call ATTITUDE.

If you have already read Robert Kiyosaki's book "Rich Dad, Poor Dad" I believe you get the whole idea.

For those who haven't let me dispense what so far I have learned and digested.

source: http://www.sha.tc/tips/rich-dad-poor-dad

As Kiyosaki's rich dad, which is his friend Mike's dad, said the rich become richer because they keep on increasing their asset while the poor become poorer because they only increase their earnings.

The key ATTITUDE here lies on the definition of an asset. The poor define asset as a thing of value they owned. The rich define asset as a thing that puts money in their pocket. Because of this definitions the poor keeps on buying things which they consider has value like cars, house, and jewelries thinking that they have real value. 

 source: http://musicdjnik.blogspot.com/

This attitude is what we call the SPENDING ATTITUDE. And in order to spend they keep on working and working only to buy things for self use and the only way to feed that spending is to increase their earnings; just up to there and no other. Thus they work hours and hours to have overtime pay, slave to bosses so that they get promotion and have a raise, to the point that they try to impress the higher ups so that they get increase or bonus. This is what they call the RAT RACE; you have to work to feed that spending.

On the other hand the rich focus on one thing that is to increase their asset. They don't just buy things of value, they buy asset that put money to their pockets this is what we call INVESTING ATTITUDE. 

 

source: http://www.best-investing-guide.com/

They buy rental property, they buy stocks that give dividends, they buy small business which runs on its own and gives them earnings, they buy  property which can be resold at a gain, and so on. They buy things that generate income and re-invest those income to get more assets that generate income thus their asset increases so their earnings increases until to the point that they don't have to work because their assets generate enough to make them retire young.

The poor complains why the rich don't work hard and yet they have luxury. The poor gets jealous thus he works to earn enough and buy the same things he sees in the rich and end broke because of so much liabilities. The true rich on the other hand waits until his earnings  from his or her income generating assets is more than enough to sustain that asset's operation. The extra earnings becomes free money for her or him to use to buy and enjoy luxury. They only buy on credit to leverage. But there are rich who doesn't know such thus they make bad spending just like the poor and end up broke losing the money they have.

It is on how one handles money. That is why to be truly rich does not necessarily mean filthy rich but rather it is the point where one does not worry where to get the money to buy one's needs and one's luxury from time to time because they have assets that work hard for them.

source: http://sproutednutrition.com/

Want to feel the stock trading: Try the Stock trading game

If you are still unsure about stock investing why not try the PSE's stock trading game.

Just create an account and read the rules. The stock trading game is only active during the stock trading in the PSE that is 9:30 to 12:10 Monday to Friday. You are given a play money so to speak to play with. You can test your skill and your theories and all that you've learn so far in stock trading in test mode while you are not yet ready to make a real trade. 

As Robert Kiyosaki said that true learning is better achieve in simulation mode just like his Cashflow101 board game. So don't worry if your initial experience in the stock trading game made you lose more money. Just have the feel of it and learn from your mistakes. Place your buy orders and sells order "as if" the play money is real. Make your mind think that its a real trade so that your mind will be push to think and make decisions. If you make a mistake don't blame anyone and yourself but rather appreciate the invaluable lessons you will pick up from the game. 

So what are you waiting for: I have an advice. The Dow has been down last week and probably tomorrow's  trading will start slow as well. Its a buy time so buy stocks in the game and experiment if you can sell it at a profit. 

It's game time :)

Want to feel the stock trading: Try the Stock trading game

If you are still unsure about stock investing why not try the PSE's stock trading game.

Just create an account and read the rules. The stock trading game is only active during the stock trading in the PSE that is 9:30 to 12:10 Monday to Friday. You are given a play money so to speak to play with. You can test your skill and your theories and all that you've learn so far in stock trading in test mode while you are not yet ready to make a real trade. 

As Robert Kiyosaki said that true learning is better achieve in simulation mode just like his Cashflow101 board game. So don't worry if your initial experience in the stock trading game made you lose more money. Just have the feel of it and learn from your mistakes. Place your buy orders and sells order "as if" the play money is real. Make your mind think that its a real trade so that your mind will be push to think and make decisions. If you make a mistake don't blame anyone and yourself but rather appreciate the invaluable lessons you will pick up from the game. 

So what are you waiting for: I have an advice. The Dow has been down last week and probably tomorrow's  trading will start slow as well. Its a buy time so buy stocks in the game and experiment if you can sell it at a profit. 

It's game time :)

Want to feel the stock trading: Try the Stock trading game

If you are still unsure about stock investing why not try the PSE's stock trading game.

Just create an account and read the rules. The stock trading game is only active during the stock trading in the PSE that is 9:30 to 12:10 Monday to Friday. You are given a play money so to speak to play with. You can test your skill and your theories and all that you've learn so far in stock trading in test mode while you are not yet ready to make a real trade. 

As Robert Kiyosaki said that true learning is better achieve in simulation mode just like his Cashflow101 board game. So don't worry if your initial experience in the stock trading game made you lose more money. Just have the feel of it and learn from your mistakes. Place your buy orders and sells order "as if" the play money is real. Make your mind think that its a real trade so that your mind will be push to think and make decisions. If you make a mistake don't blame anyone and yourself but rather appreciate the invaluable lessons you will pick up from the game. 

So what are you waiting for: I have an advice. The Dow has been down last week and probably tomorrow's  trading will start slow as well. Its a buy time so buy stocks in the game and experiment if you can sell it at a profit. 

It's game time :)

Why invest?

That is the question one must ask herself or himself. Why invest?

The world is still in middle of the crisis brought about by the financial downturn in the US and the current debt problem of Greece. Bailouts and measures to ensure that economy keeps on rolling are being made in all parts of our world so that economies will have a sound standing to keep the money running. So why invest still amidst this terrifying news we hear day in day out?

As Bob Proctor said in his book "You were Born Rich" money must keep on rolling and as Robert Kiyosaki has re-iterated in his book "Increase your Financial I.Q." even though the value of money is going down we must not be stump and hoard all our money and keep it under our beds. Money itself loses its value and when we don't let it roll and grow by means of investing in 5 to 10 years your hard earned buck might be not be able to buy that gum you use to buy in the convenient store. 

Time has this magic that either makes things better or worse. So how will we combat this value losing mechanism? That is where investing goes. Many people think investing is investing in stock, but in reality there are so many ways to invest. You can invest in business or some others term it cashflow, in rental property, or in paper assets which are commonly in the form of stocks or bonds. 

Yes it is scary when we put our hard earned in the stock without you knowing how much will you get back in return. But that is only when you invest in stock for the short term. The stock market goes up or down depending on economic forces. It seems that you have a limited control over it; the thing is investing in stock is better down on long term. Most great investors call this dollar/peso averaging. It means that we don't look at the changes on a day to day basis but rather on a longer range let say 5 to 10 years. 

Why invest?

That is the question one must ask herself or himself. Why invest?

The world is still in middle of the crisis brought about by the financial downturn in the US and the current debt problem of Greece. Bailouts and measures to ensure that economy keeps on rolling are being made in all parts of our world so that economies will have a sound standing to keep the money running. So why invest still amidst this terrifying news we hear day in day out?

As Bob Proctor said in his book "You were Born Rich" money must keep on rolling and as Robert Kiyosaki has re-iterated in his book "Increase your Financial I.Q." even though the value of money is going down we must not be stump and hoard all our money and keep it under our beds. Money itself loses its value and when we don't let it roll and grow by means of investing in 5 to 10 years your hard earned buck might be not be able to buy that gum you use to buy in the convenient store. 

Time has this magic that either makes things better or worse. So how will we combat this value losing mechanism? That is where investing goes. Many people think investing is investing in stock, but in reality there are so many ways to invest. You can invest in business or some others term it cashflow, in rental property, or in paper assets which are commonly in the form of stocks or bonds. 

Yes it is scary when we put our hard earned in the stock without you knowing how much will you get back in return. But that is only when you invest in stock for the short term. The stock market goes up or down depending on economic forces. It seems that you have a limited control over it; the thing is investing in stock is better down on long term. Most great investors call this dollar/peso averaging. It means that we don't look at the changes on a day to day basis but rather on a longer range let say 5 to 10 years. 

Why invest?

That is the question one must ask herself or himself. Why invest?

The world is still in middle of the crisis brought about by the financial downturn in the US and the current debt problem of Greece. Bailouts and measures to ensure that economy keeps on rolling are being made in all parts of our world so that economies will have a sound standing to keep the money running. So why invest still amidst this terrifying news we hear day in day out?

As Bob Proctor said in his book "You were Born Rich" money must keep on rolling and as Robert Kiyosaki has re-iterated in his book "Increase your Financial I.Q." even though the value of money is going down we must not be stump and hoard all our money and keep it under our beds. Money itself loses its value and when we don't let it roll and grow by means of investing in 5 to 10 years your hard earned buck might be not be able to buy that gum you use to buy in the convenient store. 

Time has this magic that either makes things better or worse. So how will we combat this value losing mechanism? That is where investing goes. Many people think investing is investing in stock, but in reality there are so many ways to invest. You can invest in business or some others term it cashflow, in rental property, or in paper assets which are commonly in the form of stocks or bonds. 

Yes it is scary when we put our hard earned in the stock without you knowing how much will you get back in return. But that is only when you invest in stock for the short term. The stock market goes up or down depending on economic forces. It seems that you have a limited control over it; the thing is investing in stock is better down on long term. Most great investors call this dollar/peso averaging. It means that we don't look at the changes on a day to day basis but rather on a longer range let say 5 to 10 years.