The Laws of Attraction
Posted on 11 July 2011 | No responses
A cousin of mine called yesterday and asked me if I had read “The Laws of Attraction”, I said “yes” then realised that I had not, but had read a lot about it. He told me to read it, and that he would be posting it to me. And, since I needed lifting up – mentally that is, I promptly started reading about it again.
Wikipedia describes it thus - The Law of Attraction is a metaphysical New Thought belief that like attracts like, that positive and negative thinking bring about positive and negative physical results, respectively. According to the Law of Attraction, the phrase “I need more money” allows the subject to continue to “need more money”. If the subject wants to change this they would focus their thoughts on the goal (having more money) rather than the problem (needing more money). This might take the form of phrases such as “I have as much money as I need” or “I have a job that pays very well”.
It is important to point out that the Law of Attraction is not just about money. It is a very general law which can be applied to every aspect of our lives. This is a law that helps to enrich us as people, not just financial entities.
More on forex trading and other money making schemes …..
Posted on 10 June 2011 | No responses
The first thing to realise is that a 637% return pa is not possible from genuine foreign exchange dealings, neither is it possible from investments, so clearly this is a scam, a ponzi scheme, don’t know what a ponzi scheme is? Here is Wikipedia’s definition – “.. it is a fraudulent investment operation that pays returns to separate investors, not from any actual profit earned by the organization, but from their own money or money paid by subsequent investors.” Call it what ever you like, but you will lose your money if you are not careful. These types of “investments” are referred to as HYIP’s(High Yield Investment Programs)
Lets return to my comment “you will lose your money if you are not careful.” Not careful? I make it sound like it is a viable investment option. Well, this is what I found when I started investigating these forex and other schemes that are available on the Internet. There are investors that use these, shall we say “alternative” investment vehicles, and do invest in them, albeit with care and circumspection! They use Alexa (www.alexa.com) to monitor traffic to the website of these schemes. The traffic volume and whether it is increasing or levelling off tells them whether or not to invest or get out. And so, by being vigilant and careful and NOT being greedy you could make a pretty good return investing in these vehicles. They seem to invest anything up to US$150 for 14 days, sometimes a month or more. The schemes have different investment rules which you must make yourself familiar with, one twit invested $30,000 and lost it all! He got no sympathy from any of the other investors, they considered him stupid.
So be CAREFUL!! When Googling these sites you find lots of blogs with positive reviews, these are written by the schemes to attract ‘investors’ I did however find an independent one to which I now subscribe, you will find it here: http://hyip-blog-investment-monitor.com/ Subscribe, it makes for a good read if this type of investing appeals to you.
Today I came across one that is not forex biased but invests into a sports betting market called “arbitrage”. A sports arbitrage situation occurs when two Bookmakers (companies that handle bets on the results of a match or of an event) have different odds for an event and this difference will generate a profit or a zero loss on the worst case, no matter what the result of that event is. The mind boggles! But, it is another way to make money on the Internet….
Forex trading …..
Posted on 9 June 2011 | No responses
In January a friend of mine called and asked me to go with him to look at a way of making money on the Internet with forex trades. I don’t have much knowledge of forex trading, except that financial institutions like banks pay some very bright people lots of money to trade in foreign exchange. And that these bright people have enormous resources at their disposal to help them make decisions regarding these trades. Also, forex trading is referred to as a “zero-sum game”, which means that at the end of the day when all the gains and losses are summed up you get zero. When somebody gains, somebody else loses!
With this in mind we met and went off to see this chap who happened to own a car wash – interesting. Here was a chap with a car wash making money out of forex dealing on the Internet. And, he was making quite a lot of money from this part-time activity. In the previous month he had made over $1,085! He started with an initial investment of $2,000 which he still had invested, and had made another $490 and he wasn’t even half-way through the month. I was amazed and sceptical, he was getting a return of 1.75% per day, this equates to 637% per annum! Only after he showed me his personal bank account and his Internet payment processing account where I could follow the transactions he had made did I believe it. Yep, it was real, he was making money! But how? I was going to find out ……
