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Get Rich Quick
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Article
Work at Home E-currency Exchange Trading
Copyright 2005 Timothy Rohrer
It seems as though everyone in today’s world wants to work from home. However, working at home requires that you have some kind of service to offer or product to sell. The truth is most of these work from home business’s usually require you to buy a product or e-book and the actual business you try to create becomes the resell of the e-book or product you...
Get Rich Quick
This Book is not conventional, but could Make You Rich!
If you want to get rich quick, then the Zurich Axioms by
Max Gunther can help - even if you have never traded before.
The wisdom is simple, timeless, unconventional, full of humor,
it will get your adrenalin pumping as you read it, and it remains
one of the most inspiring investment books of all time.
A Philosophy for all Investors - Novice or Pro
The 12 major, and 16 minor Zurich Axioms in the book are
a set of principles, providing a practical philosophy, for the
realistic management of risk.
Several of the Axioms fly right in the face of traditional
investment wisdom - however the Swiss speculators who
devised them became rich, while many investors who follow conventional
wisdom do not.
Accept and Enjoy Risk!
Most Investors don’t make big gains, because they are so
afraid of risk, they totally restrict the gains they can potentially
make.
Does this mean you should take unnecessary risks, or act
in a rash manner? - Of course not!
The fact is however, you won’t get rich if you don’t take
risks – period.
The Zurich Axioms show you how to confront risk in a positive
way, manage it, and enjoy the challenge!
Risk and Reward
Lets just take a brief look at some of the Axiom’s on risk
– which tell us why most people don’t ever make big gains from
their investments.
Here are some quotes from the book in relation to risk, with
our comments below.
1. “Worry is not a sickness but a sign of health - if you
are not worried, you are not risking enough”
How often are you told only to risk what you can afford to
lose in investing - when you know you should risk more? You
then see the gains you could have made - but you never acted
upon the trade.
2. “Always play for meaningful stakes - if an amount is so
small that its loss won't make any significant difference, then
it isn't likely to bring any significant gains either”
If you don’t risk much, you won’t gain much. If however you
play for meangiful stakes, you have an opportunity to get rich
quick - if you don’t, you never will.
3. “Resist the allure of diversification” - Diversification is the buzz word in the modern investment
community - but all it does is dilute your potential profit.
The Zurich Axioms encourage you NOT to diversify for small
gains, but to look for the big potential winners and hit them
hard.
An easy way to explain this is the pareto principle - the Pareto principle is commonly known as the 80/20 rule.
The rule states that 80% of your results come from 20% of
your activities - and this is true in many areas of life, including
investing.
It means, by concentrating on the best investments, and ignoring
the others, you can easily quadruple your results - by searching
and acting on the 20% that yield the really big profits.
By only focusing on this 20%, you will see better gains,
and you will create a new Pareto principle, refined from the
old one, but at a new higher level.
Read the Book
There is much more to the Zurich Axioms to enjoy, and many
areas are covered, including the following:
· Greed
· Hope
· Forecasts
· Patterns
· Mobility
· Intuition
· Religion
· Optimism
· Pessimism
· The consensus
· Stubbornness
· Planning
The book is a timeless blueprint on how anyone can get rich
quick, by investing in the right opportunities, and having the
mindset for success.
Can you Get Rich Quick too?
Max Gunther (who wrote the book) was one of the original
speculators who devised the Axioms, he made his first big gain
in stocks at the age of thirteen, and never looked back.
This book allows anyone to do the same - read it, practice
its wisdom, and maybe you can get rich quick too!
Feature
Article
6 Reasons Why You're Not Making Money Online
=================================
6 Reasons Why You're Not Making Money Online
-By Daegan Smith
http://www.perfect-home-based-business-opporunities.com
(c)Daegan Smith - All Rights reserved
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The opportunity to make money online is so vast, yet so many
people stumble and fall on their face. There really is no
reason for this to happen....
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