Thursday, May 8, 2008

Know Which Direction Your Money Is Flowing

“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.” -Suze Orman

To make the right decision about how to invest your money you must know what your income is and how you are spending it. This is a great reason to have a budget and keep track of your expenses. Many people do not realize that they are overspending. Money is not flowing in quick enough to cover what is flowing out in expenses. If you can barely afford to meet your monthly expenses, you certainly do not have enough money available to invest. However, once you have a clear picture of how you spend your money you can take action and cut and reduce luxury spending.

A budget is similar to a map. It shows you where you have been, where you are, and where you could go. Only through taking an honest look at where you are financially in terms of income and expenses can you start working on your dreams. Perhaps you want to have your own home, start your own business, invest, or plan for your kids' future education.

Detailing which way your money is flowing and how fast is, a great place to start working on making your dreams come true. This allows you to have firm control over every single penny and make sure it is being spent in a way which is improving your financial situation and not creating debt. There are several investment opportunities which allow you to invest a small amount of capital over time.

Money market accounts, high yield bonds, and mutual funds are all great options for people who have little money to invest. Most financial advisors suggest that new investors start small and early.

Even if budgeting only helps you save $20 dollars a month, this can lead to thousands of dollars, over time and with the right investment plan. You can live without your afternoon paper, and that expensive lunch.

Think of how much money that little sacrifice could be making you. Most people consider budgeting restricting. But you should view a budget like a spending plan which frees up more money for investing, saving, and perhaps a little extra pocket money. Utilizing your income correctly can ensure that money is flowing into your pockets and not out.

The key to financial success is control. Controlling your income and your expenses allows you to make solid choices that are not motivated by fear but on well researched decisions. Decisions which will create financial stability and freedom for your family and yourself.

Chaikin Money Flow

Chaikin Money Flow - Overview

The chaikin money flow (CMF) was developed by Marc Chaikin and attempts to determine if a stock is under accumulation or distribution by comparing the closing price to the high-low range of the trading session. In Lehman's terms, if the stock closes near the high of the session with increased volume, the CMF increases in value. Conversely, if the stock closes near the low of the session with increased volume, the CMF decreases in value. The chaikin money flow indicator was developed as an expansion to the On Balance Volume indicator.

Chaikin Money Flow - Formula

The chaikin money flow indicator is calculated by summing the accumulation/distribution line for "x" periods. Traders generally use 21-periods for calculating the indicator.

Trading with the Chaikin Money Flow Indicator

Zero Line Crosses

The basic trading premise with the CMF indicator is if the indicator is above 0 this is a bullish sign, while a reading below 0 represents a bearish signal. Reading above +.25 or below -.25 indicate strong trends and positions can be added on minor corrections.

Trend Lines

Like many other indicators, traders will draw trend lines on the indicators themselves and look for both breakouts on the indicator and the price on the chart. This method is very subjective, since the trader will have to accurately identify the trend on the indicator.

Divergence

Divergence can show up in the indicator when the chaikin money flow indicator makes a higher high, while the price action makes a lower low. This implies that there is less selling pressure pushing the security lower, thus a bounce is in order.

Tuesday, April 1, 2008

Making money online

For anyone that watches late night television and infomercials it is not news that there are many business opportunities on the internet. There are advertisements in print media, television and a few months ago I heard a commercial on the radio. With all the hype about home based and internet based business opportunities I decided that I would look into it to see if I could supplement our income.

There are many sites that make huge claims about making money online. In my research I found that some of them are complete scams and others are complicated business ventures. I did come up with a few pitfalls and tools that I used in sorting out the opportunities. It is very easy to get caught up in spending money to obtain information. That is the first pitfall that I fell into. When looking into making money online do not pay for information about the opportunity.

We have all come across the sites that claim that you can make thousands of dollars a week spending a few minutes a day whenever you want to. Most of these sites call themselves data entry opportunities. They tell you that if you can type an email you can do the job and make thousands of dollars a week. The information that is not shared prior to buying into the company is that you need to spend a great deal of money posting the advertisements that you type up. I paid to learn more about the data entry positions. In the hype portion I was told that all I needed to do was to fill out forms and post them on the internet. I was not told that I first had to pay to get the forms and then had to pay to post them. I also had to research which company had the greatest potential of helping me recoup my money as well as make a profit. It was a very complicated and misleading experience. The next pitfall that I fell into in trying to make money online was the completion of surveys. This is the biggest rip off that there is on the internet. For one thing you can join companies to get mailed the surveys without going through a third party. The third party has you pay money then they simply give you the websites of the survey companies. I ended up spending money joining music and make up clubs as well as ordering magazines. There was one survey that I took that I was paid $1.50 for taking. The third party company stated that you could make hundreds of dollars a week spending fifteen to twenty hours. This was not a sure bet in making money online for me. The person that was making money online in this case was the one that found the survey takers for the companies, who in turn bought from the companies.

Making money online is possible, but it is not a get rich quick scheme and the old saying “if it sounds too good to be true it probably isn’t” definitely applies.

Making Extra Money

Making Extra Money

When the bills pile up, people often search for ways of making extra money. This can be complicated if you already have a full time job, and a family at home. There isn’t always time to go out and get a part time job to make ends meet, and this isn’t desirable in the least. Now that the Internet has become so popular, there are many ways a person can go about making extra money without leaving the comforts of home.

When it comes to making extra money, you have to watch out. There are some legitimate opportunities for making extra money, but there are also a ton of scams out there that you need to avoid. Many of these scams offer huge profits for little or no work. Many times people will ask you for money in order to make money. You have to read the fine print and use common sense. If it seems to good to be true, it probably is.

You do have options for making extra money that are perfectly legitimate. Many people have turned to eBay. They can sell used or new items there, and many make a living doing so. In order for this to work for you, you have to be serious about it, and you have to put a lot of work into it. If you wish to go this route, do some research before you begin. There are many sources for advice online that will help you be more successful when selling on eBay.

If you are a freelance writer, the Internet is a great place for making extra money. You can find many websites and businesses that are looking for writers, but again, watch out for the scams. It may take you a while to break into content writing for online sites, but once you get rolling, you will find you can make some decent money if you set your mind to it. Other people go about making extra money by having their own websites. They have these sites set up to sell any number of goods or services, or they rely on web content to earn money through Google’s Adsense program. These sites tend to come and go, but if you do your research and invest a little time and money, this can be a great way to go about making extra money online.

Remember that no matter what you choose to do, there are scammers out there waiting for you to fall for their sales pitch. Never give money to someone when you aren’t clear about what you are getting in return. You won’t make 2,000 dollars a day typing from home, and you can’t expect to earn 10,000 dollars a month from a program that doesn’t clearly state how you are going to make that money. Some prey on people who need money, but don’t know how to find a legitimate opportunity. Don’t be one of them.

Monday, March 17, 2008

Simple Ways For Easy Money Flow

Increase the flow of money into your life with these simple but powerful tips:

1. Modify what you think and feel about money; find a way to think positively and feel good about it, even if you’ve gotten yourself into a temporary jam.

2. Be open both to expected and unexpected ways to increase the flow of money.

3. Give when it feels like the right thing to do, but don’t ever do it out of guilt or due to manipulation – see #1.

4. Act when it feels right to act. If you feel genuinely afraid or have an unpleasant gnawing in your gut, trust your instincts – it usually means you still have some unfinished business elsewhere to take care of before proceeding. On the other hand, if the fear you feel is just a nervous excitement and you know in your gut you’ll be ok, it’s probably time to suck it up and act.

5. Make sure you’re following fundamental guidelines regarding money. Spend less than you earn. Go easy on the credit usage – the less the better. When you use credit, you’re lining someone else’s pockets with your future earnings in the form of interest payments. If you’re carrying debt, create a plan to get out of debt, set it on autopilot and start focusing on growing your income. After your debts are paid off (with the exception perhaps of your home mortgage) – start putting away at least 10% of everything you earn into a 401K or other investments you are comfortable with (always get professional advice before making any significant money decision and realize that you alone must make the final judgment about whether to proceed or not – everyone’s situation is unique.)

Do all of the above and your money flow will surely grow. If there is one single tip to focus on more than the others, it’s #1: feel good about money. Make your peace with it. Realize money is just a tool to be mastered and that only the misplaced love of it is the root of evil. Don’t listen to negatives stories of loss and anger about money. Feel good about sharing money when the time is right – greed is a negative emotion that will eventually block the flow of money into your life. Realize that there is more than enough money in the world to meet all your needs and the needs of everyone else around you. Don’t give your money fears the time of day – focus on building plans, taking action, having faith and feeling good about money.

Increase Of Easy Money Flow In Life

Money is probably the most challenging thing for many people to manifest. It can also be easiest. Just look at those who have millions or billions of dollars. It doesn’t matter what the economy is doing, there will still be a great many people with an abundance of money. What are they doing differently? Are they just “lucky”?

When we understand that money is energy, only then can we began to focus on how to direct that energy flow into our lives. It all starts with each of us individually. How is your energy flowing today?

One way to get our personal energy flowing is to first look at our health. What are we putting into our bodies? I’ve learned that some of the biggest zappers of energy are things such as sugar, white flour, white rice, processed foods, soft drinks (diet ones too), drugs, smoking, alcohol, just to name a few. And please stay away from artificial sweeteners such as aspartame which is in that blue sweetener packet. This poison will block one’s energy in many ways. For details, visit Dr. Janet Hull’s website at: www.sweetpoison.com

Eliminating these items from our diets and replacing them with nutritious foods, especially “live” foods such as raw, fresh, organic fruits and vegetables, and lots of pure water will not only bring us good health but will greatly enhance the energy flow in our bodies.

When setting out to achieve anything, the energy of it must first come through us. That is why it's so important to clear the way, so to speak, so energy flows freely. If we have blocks in this flow, these manifest outwardly into our lives, in various forms. Poor health as well as a shortage of cash flow are possible results.

The next step is to look around at our immediate environment. Energy flows constantly, everywhere. The trick is directing this energy so it becomes most beneficial to our lives. If we have clutter in our homes or offices, we have blockages to energy.

One excellent way to learn how to easily clear these blockages and enhance every aspect of our lives, including money and prosperity, is to learn the ancient Chinese science of feng shui (pronounced “fung shway”). Feng shui literally means “wind” and “water” and it’s is fun and easy to learn. I began to successfully use this science in my home about 12 years ago and I’m still amazed at how efficiently and quickly it works! Although this science is still somewhat new to the western world, I feel one day it will be common knowledge and we will all know how to enhance our lives with this science, including wealth and prosperity. I’ve learned that most of the rich and famous worldwide use feng shui for their homes and businesses.

One very comprehensive source of information about feng shui is the national best-selling book, Move Your Stuff, Change Your Life: How to Use Feng Shui to Get Love, Money, Respect and Happiness by Karen Rauch Carter, professional feng shui consultant and licensed landscape architect. I interviewed her on my radio talk show and I love her great sense of humor in her approach to feng shui. Karen’s website is at: http://www.fengshuipalace.com where you will find numerous articles, tips and information about this art.

More recently, I had the pleasure of meeting Master Kwai Lan Chan, who has years of experience in the art of Imperial Feng Shui. She was trained and educated as a financial auditor and has a strong financial and business background to help her clients become prosperous with the energy of feng shui. A wealth of information about Imperial Feng Shui can be found on her website at: http://www.imperialfengshui.com

There are many more ways we can direct energy in our lives – these are only two methods we can use to clear any possible blockages to this flow. Once we have energy flowing positively in our bodies and homes, we will definitely begin to see the results in our lives, not only with our health and other areas of our lives but with an increased cash flow.

So I repeat, how is your energy flowing today?

Chyrene Pendleton, Metaphysician, Numerologist, Dowser, teaches several workshops on topics including prosperity and abundance, numerology and dowsing. Her articles have been featured in many mainstream and spiritual journals over the years and in her free, online Ezine called, The Isle of Light.

Chyrene is the owner of The Isle of Light Inc., a spiritual, metaphysical online spiritual center dedicated to assisting all to become more empowered and enlightened in a wide variety of ways. She is a certified television show producer and co-produced and hosted The Isle of Light television talk show in Denver, Colorado, which continues to air biweekly. Chyrene is also the producer and host of The Isle of Light Internet radio talk show which airs 24 hours each day at Live365.

Wednesday, February 27, 2008

Profitable Money Making Through Online Means

If there is one thing we all want to know in life, it's how to make money easily. I will be the first to admit that I want to make plenty of cash. It's not simply for purchasing expensive things. Although that can be fun at times. I want to be secure for the future and be able to send my daughter to a good college. Yeah, I know; we all have this same idea. It comes with having a family and numerous bills. Anyway, there are solutions concerning how to make money easily. Now, the solution for one person may not be the remedy for another. The fact is we're all different, we all enjoy doing different things, and we all have a different idea of a healthy income. What kind of cash do you require in order to live well?

What about the stock market? Isn't this one of the primary ways how to make money easily? For many individuals it is. They know what they're doing when it comes to buying and trading, and you better believe they rake in some serious dough. Just take a look at all the day traders among us. Is this a career path suitable for you? Maybe it's high time you got on the World-Wide-Web and found out. Heck, you'll never know unless you try. The cool aspect of it all is that you can learn all you need to know just by getting on the web and doing some reading. In no time at all you can be a whiz at the stock trading game as well. If you're searching for other goldmines or opportunities, you may want to try your hand at real estate. Some of these individuals know how to make money easily. If you can invest in the right piece of real estate, fix it up, and then sell it to an anxious buyer; you can make some serious profit. People do this right and left every day. It's not an exclusive club or anything. You too can reap the benefits of this game. It's all about the right areas and proper timing.

The truth is we all can learn how to make money easily. Whether your preferred route is the web or your own home business, you can get the job done. Ponder all the things you're good at and what you enjoy doing in life. It's always prudent to build off of your talents and passions. This may be the key how to make money easily. Get online in order to acquire all sorts of valuable information. In no time you too will have an idea for success.

Many Ways To Earn Money In Profits

Most people are getting up in the morning and heading out to work. They get in their car or get on the bus and head to an office where they put in the requisite amount of hours. They come home at the end of the day and go to bed and then get up and do it all over again. For some people that works, but increasingly more and more people are finding that they need more flexibility that the traditional job can offer. They may be stay at home parents seeking to add to the family income or they may just prefer to avoid what they consider to be the monotony of the 9-5 job. Either way, people are finding out how to earn money in a different ways.

Stay at home moms make their children a priority but often they find it necessary to supplement the family income. Many want to find out how to earn money from home and still be able to care for their children. And they are doing it, too. Some aren’t just supplementing the family income but they are replacing it. They are finding innovative ways of working from home and they are teaching other how to earn money in ways they’ve never imagined.

Others have learned how to earn money while still working a day job. They may do this temporarily as a way to save up for a vacation or a big expenditure that they normally couldn’t afford. Stay at home moms aren’t they only ones discovering how to earn money in a way that is more convenient for them. Dads, singles, and grandparents are learning how to earn money and they are teaching others how to do it as well. Many times people will object with the excuse that they just don’t like selling things. Selling is not the only option for making money though. People are making money through websites, doing surveys, or offering services for things they enjoy doing anyway.

There are many ways to earn money. Look into the options that are available before you settle on something. Talk to others in chat rooms and in forums about how to earn money. There are many online who have been doing this for some time and most of them are quite happy to share what they know. Ask questions. Get details. Think carefully before you choose. If you don’t rush into anything you’re more likely to find a way to make money that you’ll enjoy and will be profitable for years to come.