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Day: June 19, 2018

Review of Secrets of Millionaire Investor Book by Adam Khoo & Conrad Alvin Lim

Before this book, I had no idea about what were the true techniques to invest in the stock market. When I saw this book on the shelve of bookshops, I immediately turn its pages to check it's content and was pleasantly surprised at the level of detail and coverage of investing in the stock market. Impressed with what I read, I bought it without hesitation.

After reading this book and applying some of the lessons taught, I can say that I am a better investor in the stock market now. Before, I was only a rookie. I will explain to you why.

This book teachers both the fundamental aspects of selecting stocks which Adam will show you. The technical aspects to trading is illustrated by Conrad who traded his way way out of bankruptcy using very good strategies. He easily makes US $ 5000-US $ 7000 a month trading stocks and options. That can replace anyone's salary anytime, will not you agree? His record is US $ 22k ++ in a single month.

One of the important concepts stated early in the book is to invest in the stock market and use the power of compounding. You can be an automatic millionaire by the time you retire using this technique. All you need is patience and some consistency in investing. This was how Warren Buffet became the richest man by investing in the US market and let his investment returns compound.

The rest of the book explains four strategies to grow your funds in the stock market depending on which level of an investor you are currently at with the returns and time horizon you are looking at.

The first growth strategy is the most basic level for novice investors which teachers you to achieve compounded returns of 10{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} -12.08{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} annually by buying the market or buying sectors or industries that are outperforming.

The second growth strategy shows you about value investing which can achieve you an annual return of 15{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} -25{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc}. This method requires you to buy great companies at huge discount and sell them for a huge profit. Warren Buffet uses value investing to pick his stocks. You will learn the nine criteria of value investing to pick stocks that investors like Warren Buffet or George Soros would.

The third growth strategy explains to you about momentum investing which you can achieve a higher return of more than 25{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} at a shorter time like 3 to 6 months. This involves picking stocks that are about to increase in price significantly due to market optimism. Adam shows you seven steps to screen for this kind of stocks.

The last growth strategy is the most advanced of all, which allows you to net a handsome 100{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} -500{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} returns in one day to 3 months. This strategy involves the buying and selling of stock options which is trading. Trading allows you to make money in any direction, be it up, down or sideways. The authors have dedicated 2 chapters to explain …

Saving Your Budget With Cheap Auto Insurance

With the increasing fiscal difficulties in the financial world, it is imperative that families and individuals save as much money as they can with everyday purchases, and the best way they can do this is by purchasing cheap auto insurance.

Different Auto Insurance Providers

Although most insurance companies claim to offer the best services at the lowest possible prices, the cold hard truth is that they all give you pretty much the same coverage for relatively the same price. A little checking around for cheap auto insurance is by far the best thing you can do to save money. Using services that compare rates is generally the best option, as you can see what other companies are offering for a similar plan of coverage.

As is the case for almost any product or service you are potentially buying, it is best to try to find the lowest prices by searching around and exploring all options. A lot of the time, you can save money on your car insurance by opting for electronic statements instead of paper statements, as this equates to a lower cost for the company itself.

Steps to Take to Reduce What You Are Paying For Coverage

While there are differences between the prices of different companies, one of the largest factors that can affect your car insurance cost every month is the amount of offsets that are listed on your driving record. The major things that affect your record include:

  • The number of accidents on your record for which you are at fault
  • The number of speeding tickets you have incurred
  • Any sort of driving that has occurred while under the influence
  • And other traffic violations that have added points onto your driver's license.

In a lot of states, you are able to take steps in order to get points removed from your license, which can greatly affect your monthly rates. …

4 Ways To Make Money For Paintball Through Paintball

Sometimes the last thing you want to do is get a job, especially when there isn’t much to choose from. I know thats the last thing I wanted to do, and small towns don’t exactly have the best jobs available (low pay, crappy conditions). So I went off and found other ways, heres a list of some of the stuff I did to fund paintball, hope you find them valuable.

4 ways to make money through paintball for paintball…

1. The best place to start is to get an eBay account and sell all of your junk. If paintball is more important than your xbox, then slap it on… if you have a trunk of baseball cards, throw it on eBay. Heck, I sold everything I could get my hands on… I sold video games I didn’t play anymore, old toys, anything and everything

2. Now after you do that, don’t just spend the money you made yet… invest it back into what your doing. How? I took the money I made and started buying deals on eBay, re-listing them and making some good money. Make sure its something you can resell, or know a lot about. In my case I bought large paintball packages that were either listed with a misspelling in the title or listed in the wrong category… you’d be surprised what you can find. To give you an example, I bought a vintage paintball marker that came with a couple of tanks, masks and another gun. I was the only bidder and paid $200 for the whole package. I listed each item individually and made $200 on the vintage paintball gun alone, so I did pretty well. Do this a couple of times and you have more than enough to fund paintball.

3. If you are good at fixing paintball markers, buy broken guns for dirt cheap, fix and sell them on eBay . Back when BE stingrays were still on the market (yes stingrays), I would buy a lot to modify and resell for $20 to $50 profit.

4. Creative? Innovative? Sell your own paintball mod, accessory, or service on eBay If you did step 3 then you should have plenty of guns to tinker with. An example would be the player that sells his own version of the speedfeed for evlution hoppers, or the player that sells milled body kits. Others powdercoat paintball guns to colors you can’t get them in (which is what I did).

If you are afraid of doing this, or if this is too much for you, think again… I didn’t know what I was doing when I first started (I was 14) and made plenty of mistakes along the road, but once I got the hang of it I made enough to buy the gear I wanted and play as long as I wanted. I also pissed off a lot of my friends too, because they thought my parents bought everything for me…

These are all ways to fund …