Saturday, November 17, 2007

Money Talks-Make Your Money Work Hard for You

A very wise person once said, "Work hard for your money, then let your money work hard for you". It goes without saying, that one of the paths to financial well-being or financial independence is the ability to invest your money for a profitable return. But, what if we are risk adverse? What options do we have? The answer is high rate savings accounts.
If we all know this, then why do so many people not invest their money?
Many people believe that investing is risky and they are not willing to lose what they have worked so hard to accumulate. Also, many people are not savvy when it comes to investing, even when choosing mutual funds, which are touted as being a lower risk investment. So, what happens? They leave their money in a savings account. Well putting your money in a savings account can be a very good idea if you know which bank to put your savings into. Not all accounts are created equal.
Most banks today will give you an APY (annual percentage yield) of less than 2%, however, with some research, you can find banks and other financial institutions, that will pay you considerably more -- up to and over 5%.
A 5% return on your money should not be ignored. Most people lose money investing in stocks -- this week alone, November 5 through November 9, 2007, the DJIA (Dow Jones Industrial Average) has dropped 552.36 points, a loss of 4% in just 5 days and since reaching its trading high in August 2007, the DJIA has shed 1,155.35 points, over 8% down.
If this type of stock market action has you running to the bank to stow away your money, make sure you are going to a financial institution that will pay you at least 4% for your savings and let you money work hard for you.
Karen M. is an accomplished CPA from PWC (Price Waterhouse Coopers) a worldwide Big 4 CPA firm and is the author of, a resource to help women improve their lives and be more successful through the proper management of their finances, careers and their businesses.
If you want to find banks paying high interest on savings accounts, I have put together a list for you. To make it easy for you click this link: high interest savings account.

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Money Talks-Make Money Fast - With a Proven Method Anyone Can Follow

Money Talks-Make Money Fast - With a Proven Method Anyone Can Follow
Here we are going to look at a proven way to make money fast which anyone can master and only needs a few hundred dollars to get you started. Don't be deceived by the small amount you start with, you can make money fast on this small amount.
This method of making money fast uses leverage to increase your profit potential dramatically.
Leverage is one of the best ways to build wealth quickly and here is the example we are going to look at.
Say you have $500.00, you can trade $100,000 at 200:1 leverage (200 x 500) and a broker will give you this no questions asked, no credit checks - its yours, as soon as you open an account.
So what are we trading?
Currencies - Before you say hang on - I couldn't do that on my own it's to complicated or risky read on ...
The fact is everything about currency trading can be learned by those wishing to do so - it's a learned skill. Let me give you an example to make you think.
In 1983 legendary trader Richard Dennis set out to prove that in just 2 weeks he could teach a group of traders to make money - who had never traded before.
They were of all ages, both sexes and had varying levels of education.
The result?
After 14 days they started to trade, made Dennis over $100 million and many of them still trade today.
So how did they do it?
Dennis taught them a simple method they could have confidence in and trade with discipline.
The key to success was, a robust method combined with strict money management.
If you are dealing with leverage it's a double edged sword - while you can make big profits (if you run them), you can also take big losses (if they get out of control), so you need to play great defence first and let your offence hit trending moves hard.
Is it really that simple?
The answer is yes and no.
If you think forex trading is a walk in the park and requires no real effort then - no
On the other hand, if you understand it's a learned skill and anyone can learn to trade and you have a desire to learn then yes.
Forex trading is a way to make life changing amounts of money and you will be well rewarded for your efforts.
Forex trading requires knowledge and that's easy to acquire and you can get it free on the net but you also need the mindset for success.
Your mindset starts from a desire to make money and a realization that no one is going to give you success.
You have to do it all on your own.
You do this by learning the right knowledge and by doing so, take charge of your financial destiny.
If you are prepared to do the above and have the right attitude, then you can make money
fast and enjoy currency trading success.
As we have seen the opportunity to trade forex is open to all.
You don't need much money to get started there are plenty of brokers who will give you 200:1 leverage and let you open an account with $500.00 - but its up to you to make the tools work for you.
Sure it's a challenge - the question is:
Are you up for a challenge that could change your financial future for ever?
If you are - welcome the world of forex trading and the opportunity to make money fast and the potential to realize your financial goals and dreams.
Even if you have never traded before you can trade like a pro so get 2 x free trading guides and an exclusive Forex Trading Course visit our website at:

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