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A Secret Home Based Business… Long Term Stock Investing!
by Dr. Scott Brown, Ph.D.
I have a dear friend who is a medical doctor. I once mentioned to his secretary that it seemed to me that his ex-wife had really taken him to the cleaners in their divorce. His secretary very quickly and forcefully admonished me and explained that his ex-wife was the reason for his great wealth. I was fascinated when she described how his stay at home spouse has spent all of her free time learning to invest in stocks and turned their modest savings into a true gold mine!
You can do the same if you will learn from the correct investment coach. Your learning should be multi-facetted. You should first learn what makes the markets tick by reading Dr. Bob Shiller’s book “Irrational Exuberance”. This prestigious professor of economics has done an extraordinary amount of research into what really drives the markets.
Next you need to learn the actual mechanics of trading such as I teach in my comprehensive home study course that encapsulates over a hundred years of both trading skills and market knowledge. Once you have the knowledge under your belt then it is imperative that you develop the iron edged discipline needed to succeed in the markets. You can develop your knowledge of discipline and investment psychology through Dr. Van Tharp’s home study course called “Peak Performance.”
Always remember that investing is a game just like in the casinos. The more professional you are in your approach to the game the better you will fare. All professional gamblers spend their time mastering the games they play. Investing in the stock market is no different except that you do not have to leave your house to do it!
Do not blind yourself into thinking that you are “stuck at home” because of child rearing or a disability. Open your mind to the possibilities that this new communication age holds. You can now invest in the stock market with the ease that thirty years ago was only possible working out of the house. Choose your investment teachers carefully and your success will by highly assured. I wish you the great abundance in your life that you deserve because of what you are and don’t forget that happiness is found only in the precious present moment!
RECOMMENDED READING:
1. Kiyosaki, Robert; “Rich Dad Poor Dad”, Warner Books, Incorporated, 2000, ISBN: 0446677450
2. Hill, Napolean; “Think and Grow Rich”, Random House Publishing Group , 1976, ISBN: 0449214923
3. Tharp, Van; “Trade Your Way to Financial Freedom”, McGraw-Hill Companies, The, 1998, ISBN: 0070647623
4. Shiller, Robert; “Irrational Exuberance”, Broadway Books, 2001, ISBN: 0070647623
About the Author: Dr. Scott Brown, Ph.D., a.k.a. “The Wallet Doctor”, is a successful investor. Dr. Brown holds a Ph.D. in finance. The Wallet Doctor is sought after for investment advice and coaching. For more information visit Dr. Brown’s site at http://www.BonanzaBase.com or sign up for his investment tips at http://www.WalletDoctor.com
Source: www.isnare.com |
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Investing For College News |


Yahoo! Finance: Most Popular
The most popular stories on Yahoo! Finance
Nokia, Qualcomm settle long-running dispute (AP)
Nokia Corp. and Qualcomm Inc. said Wednesday they agreed to settle a high-stakes licensing dispute and end a bitter legal battle that has lasted nearly three years and spanned three continents.
Qualcomm, Nokia deal ends long legal battle (Reuters)
Qualcomm Inc and Nokia settled a three-year, three-continent legal battle on Wednesday when Nokia agreed to make an upfront payment and ongoing royalties to the U.S. technology company.
Microsoft exec who led Yahoo bid leaving company (Reuters)
Microsoft Corp said on Wednesday that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the company's pursuit of Yahoo Inc , is leaving the software maker.
Qualcomm Announces Third Quarter Fiscal 2008 Results (PR Newswire)
Qualcomm Incorporated today announced results for the third fiscal quarter of 2008 ended June 29, 2008.
Petro-Canada Increases Quarterly Dividend By 54% (Marketwire)
Petro-Canada today declared a quarterly dividend of $0.20 per share on the Company's outstanding common shares - a 54% increase compared with the $0.13 per share dividend declared in April 2008.
Microsoft exec who led Yahoo buyout team to leave (AP)
Microsoft Corp. on Wednesday said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo Inc., is leaving the company.
Amazon profit, sales above view and shares rise (Reuters)
Amazon.com Inc said on Wednesday quarterly profit doubled and sales grew 41 percent, indicating to Wall Street that many cost-conscious shoppers are heading online to save money in a tough economy.
Fording Canadian Coal Trust 2008 Second Quarter Earnings Results (Marketwire)
Fording Canadian Coal Trust today announced its second quarter 2008 results. Cash available for distribution generated in the quarter was $420 million compared with $135 million in the same period of 2007.
XTO Energy shares fall as oil slides (AP)
Shares of XTO Energy Inc., which acquires and develops oil and natural gas properties in the U.S., fell in Wednesday midday trading, a day after the company reported a 30 percent profit increase, but also said it will boost capital spending and issue 26 million shares to finance acquisitions and repay debt.
WaMu shares fall on 2Q loss, S&P downgrade (AP)
Shares of Washington Mutual Inc. stumbled Wednesday after the bank reported a staggering $3 billion loss in the second quarter as it increased its loss reserves to more than $8 billion to cover souring mortgage loans.
San Diego sues Bank of America to halt foreclosures (Reuters)
San Diego's city attorney said on Wednesday he filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in the city, which he aims to make a "foreclosure sanctuary."
Defense firms split $6.9B parts deal (AP)
The Air Force has awarded a $6.9 billion contract for spare parts to a variety of contractors for all of the service's managed weapons systems.
Toyota outsells GM worldwide in first half (AP)
General Motors Corp., pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota Motor Corp. in the first half of this year, but the churning market makes it difficult to predict which automaker will end the year on top.
Costco, AT&T, McDonald's, WaMu, Fannie big movers (AP)
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE
Danoff Sees Sell-Off As Opportunity (Investor's Business Daily)
Will Danoff needs no reminder that this is a tough market.
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