Wealth or "Wellth"?

By Betty Mahalik

I recently read a newspaper article about the West Virginia man who won a $300 million Powerball jackpot several years ago and the way that event had affected his life. Sadly it was primarily a story of all the ills that had befallen him since then. His wife left him; his own battle with alcohol had taken its toll; he lost a beloved granddaughter to a drug overdose and his daughter was battling cancer. He was quoted as saying, "I would give it all up (the wealth) if it meant I could have my granddaughter back or guarantee that my daughter would beat cancer."

The article gave me pause to reflect on how often in life we pursue wealth at the cost of "wellth", defined as our own health, relationships, well-being and other things we value. Don't get me wrong, there is nothing wrong with having money. Interestingly, the man in the article was already a multi-millionaire at the time he won the jackpot. What struck me though is that wealth at the cost of "wellth" is a bad exchange.

I hope you're someone who has already learned that lesson. And I hope you didn't have to lose family members, your health or suffer other major losses in the process. But it's always good to take stock and ask yourself if you are in danger of trading your "wellth" for wealth or not living life according to your deeply held values.

Here are some ways to identify if you are truly living a life of abundance and not simply having lots of cash in the bank:

• Do you know your core values? Although I've taken numerous values assessments over the years someone recently shared the simplest way I've heard of to identify those values that mean the most to you. Very simply, complete your responses to this question: What do I stand for in life? Take a few minutes and let that question sink in and see what responses bubble up to the surface.
• Are you living them? If I followed you around for 24 hours what would I see and hear? Would I hear you say "I value my employees" but observe you treating them disrespectfully. Values are worthless if they don't inform your day-to-day decisions, actions, behavior and attitudes. It's easy to declare, "I stand for health," and much tougher to get out of bed in the morning and exercise or take other actions that honor that value.
• Do you suffer from the "When-Then" syndrome? "When-Then" is that oft-used preface to those things we say we'll do "someday." Here are some favorites: When the kids are grown, then I'll go back to school. When I have more time then I'll exercise. When I have more money then I'll save or give some to charity." When-Then is an illusion. Just ask the person who has put off making an important phone call or seeing a doctor until it's too late. Give up playing the when-then game and start living your best life now.
• Who would you be being if you had the million dollars? Notice the question was "who" not "what". The truth is you can start living a principle-centered life right now. Then when the million comes along you'll be better prepared to handle it.

I hope these questions have given you the opportunity to examine how you're living each day. Have you been choosing the pursuit of wealth over the pursuit of "wellth?" It's not too late to change. Identify your values, start building a life that reflects them, give up playing the "when-then" game and be the person you would be if you had all the material wealth you could want. And remember that when you live a life based on your values, your life becomes valuable to you!

Quote of the Week:

"Men for the sake of getting a living forget to live."

~~Margaret Fuller
Betty Mahalik has been coaching small business owners, independent professionals and leaders who want to achieve more but stress less, since 1996. Her background includes several years in the broadcasting and public relations fields prior to starting her own firm in 1987. She is an accomplished public speaker and corporate trainer specializing in communications, goal-setting and leveraging your strengths. Since 2001, she has written a weekly motivational message, free to subscribers, titled Monday Morning Coach. To subscribe go to: http://www.dynamic-coaching.com

Article Source: http://EzineArticles.com/?expert=Betty_Mahalik

Start Your Own Tradition of Wealth With Floor Clocks

By Andrei Myers

Have you noticed one of those floor clocks with their rather heavy price tags? Once you've realized the essence behind these floor clocks, you'd think they're actually under priced.

So what's Causing the Rave?
So what's with these long-case clocks that's been causing raves? Ever noticed that grandfather clock at your friend's grand mansion? The one that never seems to leave the ancestral home, even through the decades of your long friendship? But why, your friend even told you that the clock was already around when his great grandfather was still in his budding youth.

Destined to become Family Heirlooms
So what's with these floor clocks? They are not just another piece of home furnishing. They are actually made to survive several years of use. They are destined to become family heirlooms.

And have you ever wondered what the secret behind your friend's inherent luck, that luck of birth they like to call inheritance? Ever wondered what the secret forces are behind 'old money'? To answer that, you only need to look back at your friend's ancestors. They were men and women of vision. They did not only live for the present, but they had the foresight to think for the future.

You Can Start Your Own Tradition of Wealth
The old money they have was not always old and that stately grandfather clock they own was not always a family heirloom. There was once a time when money was streaming in at a normal pace, nothing extraordinary. There was once a time when the grandfather clock they take pride for was just another piece of family furniture, with no value just yet.

You are actually at that position right now. But just like his ancestors, you can look right ahead and design your future so that it becomes extraordinary. You can start the tradition of wealth yourself. You can make your grandchildren the next lucky heirs and heiresses. It all starts with a vision.

A Worthy Investment
So go ahead and think big. Do not focus too much on the unbelievable price of those floor clocks.
Think of all the wonderful things that await you instead. Think of the benefits you get from it.
Consider it a worthy investment.

Purchase one of those elegant and imposing floor clocks and start a long series of generations passing down a priced family heirloom with pride and honor. There is nobody else to leave such a valuable legacy but you yourself.

Shop for the Best!

It goes without saying that to meet such an end, you must have the impeccable taste needed to choose the right floor clocks. You can't possibly envision a future of stately elegance and purchase a floor clock that is below what you would consider a display of good taste.

Also, you might want to consider choosing something that's modern, that speaks of the present times. Keep in mind that what's vogue today is actually tomorrow's vintage. Again, always look ahead, always envision the future. And shop only for the best floor clocks!

Are you looking for floor clocks? You must also take a look at a contemporary grandfather clock. Or you might as well go ambitious and look into antique grandfather clocks. Whatever the case, visit GrandfatherClockMarket.com today.

Article Source: http://EzineArticles.com/?expert=Andrei_Myers

2008 Wealth Planning Calendar

By Darlynn Morgan

We start the year with good intentions, don't we? As you approach 2008, here is a guide for tackling the items that will improve your financial life. Instead of becoming overwhelmed, approach the year in "month-sized" portions.

January
Planning Idea: Have changes in your personal situation occurred in 2007? Did you get married, have a child or grandchild, become widowed or divorced- there may be important new legal and financial considerations that now come into play. These might include adjusting your budget or reviewing beneficiary designations on life insurance and retirement accounts, property ownership, providing for children's welfare, estate planning, and payroll deductions.

February
Planning Idea: Give thought to your estate plan-to how you intend your assets to be distributed at your death. Federal estate tax may be a factor. Estate tax will apply for 2008 if net assets left to persons other than your spouse or charity exceed $2,000,000. And if it's been awhile since you have reviewed your estate planning documents, then you must see an attorney to ensure that everything is up to date.

March
Planning Idea: How are you doing on your retirement funds? Review the asset allocation of your portfolio. Contact a Financial Advisor for professional advice in determining how much you should be saving and what the best investment vehicles are.

April
Planning Idea: Prepare a Location List - a comprehensive list of all your accounts, financial and otherwise, and all Internet usernames and passwords. Keep it in a secure location to avoid identity theft.

May
Planning Idea: Evaluate the protection of your assets. Review your Homeowners Insurance; Car Insurance; Investment Property/ Casualty Insurance. Perform an inventory of your non-financial assets (home, furniture, cars, personal belongings) to ensure that your property insurance coverage is adequate for your assets.

June
Planning Idea: This month, review your life, health, and disability insurance policies. Make sure you have adequate coverage. Consult with your insurance advisor as to the appropriate amounts for your age and income. Consider getting Long Term Care Insurance.

July
Mid-Year review: Compare January- June income and expenditures with your budget. Make adjustments as appropriate.

August
Planning Idea: Order a copy of your credit report. A federal law allows you to get a free copy of your credit reports once a year; read it carefully and report any discrepancies to the appropriate agencies to ensure accuracy.

September
Planning Idea: Request a Personal Earnings and Benefit Estimate Statement from the Social Security Administration. Which summarizes your social security earnings history and provides an estimate of the benefits to which you are entitled.

October
Planning Idea: Discuss with your family your wishes concerning health care and funeral arrangements. Not a pleasant task, but it is important that others know your wishes should you be incapacitated. Create an Advance Directive to document your decisions.

November
Planning Idea: Start your year-end planning now. Estimate your taxes due for the year, and determine what steps you should take before year end to minimize them. Consider making charitable contributions before year-end.

December
Planning Idea: Consider paying tax-deductible expenses prior to year-end, contact your tax professional for guidance. If your estate planning indicates a potential estate tax liability, consider making gifts before year-end to minimize estate taxes. You can give away $12,000 a year to each of a number of donees free of gift tax.

[*Always seek Professional guidance to help determine whether, how and when to implement any of these suggestions.]

Want To Use This Article In Your Ezine or Website? You have my permission, as long as you include this complete blurb with it: Darlynn Morgan is an aunt, writer, speaker and Personal Family Lawyer. Darlynn makes it super easy for your family to talk about and plan for sticky subjects like money, death and taxes. Find out more about how you can protect your kids at: http://www.MorganLawGroup.com

Article Source: http://EzineArticles.com/?expert=Darlynn_Morgan

Explosive Wealth Building Strategy

By David D. Wells

Have you ever wished that you could get in on a mega profit opportunity just before it happened? Have you ever looked back at an investment after it had a major move and think, I knew that would happen why didn't I get in on that? Imagine if you could have bought Apple stock when it was only $5 a share. At the time of this writing Apple is trading at $190 a share.

If you missed the Apple opportunity, don't worry I have something better for you. The opportunity I have is very lucrative. In fact, I believe this is your chance to ignite your extreme wealth building plan.

First, this is not some stock or investment I am hyping that is designed to manipulate the price of the investment therefore; earning me money from you getting in the investment. The investment I am discussing is traded worldwide therefore no one person can manipulate the price for any significant gain.

Second, I rarely give details concerning my proprietary investment insights unless you are part of my inner circle. These investment insights are valuable and could possibly earn you thousands of dollars.

Third, if you have been following my articles you know that on the rare occasions when I do tell my investment ideas they are usually spot on. Keep reading to see how my experience will pay off for YOU!

Recently I wrote about a record-breaking phenomenon that is on the verge of happening. This world record has held since 1980. The record that is about to be broken is Gold reaching the all-time high of $850 an ounce. When this record is broken you will hear about it in the mainstream media.

Gold recently reached $800 an ounce and pulled back a bit just as I said it would do in a previous article. I also said once Gold pulled back and started to head back up, it would be time for you to get in on this investment. Well, that time has come. Ride Gold up until it reaches $850. Actually, ride Gold until it reaches $849. I say $849 because when it reaches $850 everyone may be trying to get out at the same time. If this happens you will not be able to get out at your desired price.

Each $1 in the price of Gold equates to $100. For example, if Gold goes from $810 to $811 this is $100. Always hedge your trades so you limit your loss if the trade does not go as planned. Use stop losses or other advance strategies such as options to protect your trades. Protecting your initial investment is the first principle.

BONUS TIP
Want to make more than $5,000 on this investment? I figured you would. When your profits from your original futures contract in Gold have accumulated enough to pay for another futures contract in Gold, buy another one. This does not cost you anymore of your capital because you took what profits you had and used them to multiple your investment.

You will then have 2 futures contracts in Gold working for you. For example, let's say you purchase a Gold futures contract when Gold is trading at $800. When Gold goes up to $834, use the profits you made and purchase another Gold futures contract. When Gold goes to $849 get out of both Gold futures contracts.

On the first futures contract you would have earned $4,900 because $800 up to $849 equals $49. Remember each $1 in Gold equates to $100, so $49 times $100 equals $4,900.

On the second futures contract you would have earned $1,500 because $834 up to $849 equals $15. So $15 times $100 equals $1,500. Also remember to hedge your second Gold futures contract just as you did your first one with a stop loss or an option to protect you in case the trade does not go as planned.

© Copyright David D. Wells. All rights reserved. You are welcome to forward the entire Article to anyone interested as long as it is not edited in anyway and includes the Resource Box.
David D. Wells is a superstar trader and bestselling author. Let him show you how fortunes are made in the 21st century. Subscribe to his free newsletter at http://www.themoneymotivator.com

For more information and a detailed explanation on how to put this information to use get Wealthy Investing Secrets at http://www.TheMoneyMotivator.com/

Create Residual Wealth Through Network Marketing

By Michael Harris

Simply put, the best part about network marketing is that you don't need to have special talents or skills to do well. Anyone can do it, but so few people are. Most people are taking the road that's expected of them: get an education, get a job and hopefully retire with enough money to live through your golden years comfortably.

Participating in mlm, or multi-level marketing, while not the traditional road to financial security, is one way to step outside the norm and potentially make a lot more money than you're making now. Not to mention the fact that it's something that you can do without quitting your current job.

A simple fact: mlm programs wouldn't exist if nobody was making money from them. So you know you can make money through network marketing, but with so many programs, it can be a tough choice as to which one you wish to spend your time pursuing.

GDI (Global Domains International) owns the .ws internet domain name extension (for example: www.domainname.ws) They are a true Inc500 listed, debt-free corporation and have a proven, successful track record. Essentially, they're the home for all .ws websites.

This mlm program works on the basis that the .com internet real estate market is far too overcrowded for aspiring webmasters to make any money off of it. Instead, you'll be able to cash in on the still young .ws internet domain.

You'll be able to view a short presentation to explain all of the details, but the important parts are as follows: Signing up is completely free. If you find that you don't have the time or energy to follow some simple steps, just quit the program before the free trial time is up and go on your way. Also, there's no actual selling involved whatsoever, the presentation video is the sales material and it's all that's needed to begin a successful network marketing career.

The product itself, a unique www.'yoursite'.ws domain name is yours to do with whatever you want. Use it for personal or business applications.

If you pick a great domain name that receives lots of hits, you can simply put an ad manager program (like google adsense) on the page and make more money on top of the money you'll make for referring people to the product.

Working with GDI, you can easily create residual wealth. This is the best kind of wealth. For example, referring just 10 people to GDI in one month who each refer 5 people to GDI means that you'll get $50 per month, year after year, after year. Just 10 people and one month's work, you'll have an extra $120,000 in 20 years.

More than likely, you'll refer many more people and those people you refer will refer more people and so on up to the fifth level of referral. (There's a handy income calculator at the site to that'll show you how it all adds up)

This win-win type of network marketing is by far the best type there is. The product is useful, the demand for it is astronomical and it's still in its early stages.

Get in on it while you still can.

Discover the new cutting-edge prospecting system that will quickly and easily generate more paid sign-ups in your primary business in 3 simple steps... Guaranteed!" The Big Time Downline Club

Build Wealth in Forex

By Soli Kator

Forex trading is done without commissions and thus proves to be a hugely attractive opportunity for investors dealing on a daily basis. Clearly the immense leverage in global Forex trading is what lures a lot of players into the game. Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. There are lots of reasons why you should involve in Forex trading. When you enter the Forex trading market you will enter as a buyer or a seller of a particular currency. Remember, you can build wealth in Forex, but you can destroy it as well.

Now when studying your charts at the beginning of each trading session, the eye can easily pick up this free Forex signal and identify key levels of support and resistance and where price has already made attempts in the last few days to break through a previous high or low. A beginner education in Forex trading should not put your money at risk. Past trends do have their place in Forex trading as most traders will admit, and using the charts to track historical trends can assist a trader in making a snap decision.

Most of them refer that they are the team of professional financial investors who are experienced and talented in some kinds of businesses, the most mentioned are Forex (foreign exchange), which is always said to be the most profitable business nowadays, some invest in stocks, others in property. It can be called the domestic currency or accounting currency or even be termed as the primary currency of a Forex currency pair. There are few qualifications for becoming a Forex retail trader, so it is a good place for the budding investor to start.

Essential of Forex Trading Number 7: Keep an accurate and detailed log of all your good and bad trades. If you are a beginner in the Forex system here are the 3 things you must do in order to profit with Forex: Look into good a Forex tutorial. Simply type in a "beginners education in Forex trading" into a well known search engine like Google or Yahoo and you will be presented with scores of websites offering you step by step articles and also full downloadable e-books and e-courses on the subject.

Soli Katirhttp://www.solikatir.com/Forex-Enterprise.html Learn how to have a legit online business that puts real money into your bank account.

Perfect Wealth Formula – G.I.C. vs. MLM

By Regis Ross

Today, many of us want to gain financial freedom by starting a home based business. If someone wants to achieve this through MLM, they may be wasting their time by working with a system that is very hard to duplicate. If you have had this experience, you know how frustrating MLM can be.

When you decide to start a home based business, the bottom line is you want to stay at home and make an income to have a better quality of life. If you join an MLM business, you may be working the same amount of time or more for an unsatisfactory income just as you were with your regular job. Like many of us, you want to make a substantial income rather than just having enough to get by each month. You want this kind of income to continue month after month and year after year.

The following are the usual challenges one faces when working with MLM:

• You need thousands of members to make a significant income
• There are large drop out rates
• Small Commission Checks
• MLM is hard to duplicate

Now there is a new concept that has had positive results and has helped many people generate a large income. This concept is called G.I.C. which stands for Generate Immediate Cash. G.I.C. is not a company or an opportunity. It is the solution to a long time problem of small paychecks and shrinking downlines. When you join a company that is a G.I.C. concept you can generate thousands of dollars immediately.

In a traditional MLM, if you were to build an organization that made you $4000 a month, you would have to build a downline of hundreds or thousands taking at least a year to get that kind of commission. With a G.I.C., you can do this with a few people and get immediate results. Also with MLM, you start making small commissions if any and you have to wait to be paid.

In a G.I.C., the immediate flow of income generated makes the dream of working from home a reality. This type of business concept is becoming more popular because of the high incomes that can be made. Most of these G.I.C. models are used in a 2 up plan. The product or service that is marketed is sold at a higher price roughly around $1,500 - $3,000, and then you are immediately paid a higher commission of around $1,000.

The main concern network marketers have with the 2 up G.I.C. is the disadvantage of not having a residual income. In 2 up programs, you can’t leverage your people to become your money making affiliates. When you bring in someone who makes a sale or 2 a day, you only get their first two sales and not any more. You lose money on all their future sales and they now are your # 1 competitor.

One G.I.C. company I strongly recommend is Perfect Wealth Formula. Out of all the programs I have joined, Perfect Wealth Formula is the best online business around. The payout structure allows members to earn immediate cash flow and leverage yourself while building a residual income. There are no more downlines, plus members will always earn bonus overrides from their second level affiliates.

When you join for $1,697 at the Silver Level with Perfect Wealth Formula, members can immediately earn $400 and $1,000 on every direct sale, plus $100 and $200 immediately in bonus overrides from the second tier. You will also get the Bronze Level Marketing System free. When you join for $697 at the Bronze Level, members can immediately earn $400 on every direct sale, plus immediately get $100 in bonus overrides from the second tier. As you can see, this is a better commission structure than 2 ups and MLM programs.

Home businesses are more popular today than ever before and Perfect Wealth Formula is the place to be whether you're new to internet marketing or an internet marketing expert. The days of building a downline are over and the competitors are beginning to feel the effect. With the arrival of this revolutionary new marketing system, MLM companies are at a serious disadvantage. If you want to make a substantial income from home, then G.I.C. is the way to go.
To read more about Perfect Wealth Formula and see how you can profit with this G.I.C. concept go to www.strongprosperity.com