Building The Foundation For Wealth

Written by C.C. Collins


Continued from page 1

Once that debt is paid off you can turnrepparttar payments you were making toward a larger debt, sometimes doublingrepparttar 112157 rate at which you are able to pay off that bigger debt. Combined,repparttar 112158 return on your investment here is massive compared to regular stock investing!

Wealth building, inrepparttar 112159 beginning, is actually started with debt reduction and strict management. A change in attitude about your debt, from “liability” to investment, isrepparttar 112160 first step in true wealth building.

Today you should sit down and findrepparttar 112161 monthly expenses that truly don’t mean as much to you as building wealth does. See how you can eliminate some of your spending to invest in your debt in order to maximize your cash flow faster, giving yourself a raise!

Take most of what you now have available per month and turn it towardrepparttar 112162 next debt – raisingrepparttar 112163 regular monthly payment by as much as you can while rewarding yourself with a little thing to note your accomplishment.

Before you take on another investment, think aboutrepparttar 112164 wealth you can build withrepparttar 112165 money that currently goes to debt. Once you have mastered your debt, all that money can go toward investments, savings, and living expenses that far outstretch what you are able to experience now.

The only aggressive investment strategy that has absolutely zero risk is debt investment. You cannot lose andrepparttar 112166 gains are always tremendous compared to any other form of investing.

Live your retirement years free of financial stress, relaxed and enjoying life due to automatic income streams you create throughrepparttar 112167 powerful investments you can afford AFTER investing in your debt.

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C.C. Collins is a respected financial strategist and investing expert. His NetWorthPublishing sites offer information and help with stocks and mutual funds.


Stock trading and Market Profile

Written by Trader Jack


Continued from page 1

* Double Distribution Trend Day - This is a variation on a trend day. Looks similar to a normal variation on a normal day, except more time is spend wandering inrepparttar first range whilerepparttar 112156 other-frame buyers/sellers build up conviction to makerepparttar 112157 market move. Something 'changes' mid session to cause a change in conviction - perhaps insider news or a report.

* Non Trend Day - Often looks like a Trend day at start (narrow range). Then meanders with no conviction in a range bound area. Often seen before a big news announcement asrepparttar 112158 market waits to see whether it should jump up or down. * Neutral Day - Like a non-trend day, except other-frame buyers and sellers are active, they just happen to agree on value (broadly speaking). Traders at www.traders101.com say this day type is characterized by range extension beyondrepparttar 112159 initial balance duringrepparttar 112160 session asrepparttar 112161 two sides testrepparttar 112162 edges of each other's tolerances. Has 2 variations - "Neutral Center" in which price closes nearrepparttar 112163 open (no resolution between buyers/sellers), and "Neutral Extreme", one side wins, closing either up atrepparttar 112164 top ofrepparttar 112165 range, or down atrepparttar 112166 bottom. Market Profiling thus opens up an interesting possibility - usingrepparttar 112167 Open to estimaterepparttar 112168 strength of Market Conviction, and therefore whererepparttar 112169 market is actually going. Opens of 4 types are commonly held to exist -repparttar 112170 Drive,repparttar 112171 Test Drive,repparttar 112172 Rejection/Reverse, andrepparttar 112173 Auction. The relationship ofrepparttar 112174 Open to yesterday's range also falls into this area. Space prohibits discussing this topic in any detail here, although www.traders101.com has more information on this aspect of profiling, as on rules for non-trending markets, andrepparttar 112175 types of day to avoid. Like all theories, extensive practice is required to turn it into hard stock trading profits!

Trader Jack writes almost exclusively for www.traders101.com , the traders initiative free site


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