Balancing Your 3 Wealth: Material Wealth, Spiritual Wealth & Emotional WealthWritten by Sam Lim
Material Wealth Very often, in our pursuits for material comfort, we neglect our spiritual and emotional well-beings. Who can blame Singaporeans for being so overly obsessed with material wealth? In Singapore, we are socially conditioned to equate success with driving a big car, owning a private property and vacationing overseas twice a year. Such a narrow minded definition of success results in us becoming a nation with no souls. That is not to say, material wealth is bad. We need money to pay, among other things, grocery, mortgage installment, children education fees and utility bill. In fact, material wealth is foundation of spiritual wealth. A person who is struggling to make ends meet will be in no mood to care about his spiritual health. A certain amount of material wealth is necessary unless you live in Mars or Venus. The problem with material wealth lies in human nature to desire for more, better and bigger things. In our desire for more material wealth, people with not so strong moral values will trade their integrity for greater material comforts. News of lawyers misappropriating clients’ funds and doctors prescribing drugs indiscriminately to patients are often reported in media. These two professions are highly regarded in our society who commands a premium for their service. They are drawing a decent income and living a comfortable lifestyle. It is human nature of greed that brought their downfall.Spiritual Wealth Here is where spiritual and emotional wealth comes in. Spiritual wealth is not defined in terms of dollars and cents. It has no material value. It is something that no amount of money in world can buy. If only those people, who committed fraud or acted unethically in their business dealings, acquire sufficient spiritual wealth, they will realize that money is not everything in life. The following phrases sum it up best: Money can buy you house but not home Money can buy you bed but not sleep Money can buy you medicine but not health Money can buy you blood but not life Money can buy you girl but not love Money can buy you amusements but not happiness Money can buy you books but not wisdom Money can buy you clock but not more time Money can buy you companions but not friends Money can buy you food but not appetite Money can buy you a ring but not a marriage
| | A 1950's system that made $2million in 18 months still works today!Written by Dr Alex Chambers
Have you heard a dancer called Nicholas Darvas who, in 1950s, made $2million in stock market? Probably not. If you have, does system work for you? It does for me. Nicolas Darvas was a professional dancer in 50's. He danced all round world. However his real love was in stocks and shares. He started "dabbling" and had some winners, had some losers. He soon found that he had more losers than winners! After a while he started to analyse his stocks and work out where he was going wrong. He realised that his main problem was that he was buying stocks on impulse or on recommendation by his broker. He was trying to guess market instead of react to what market was actually doing (in fact, he was not alone in this - 90% of people today do same and lose). Realising this mistake was start of his fortune. He developed a way of picking only a few stocks at a time and analysing their price charts. He found that stocks move in definable cycles, and such movements could be represented by a box. He called these boxes "Darvas boxes". When boxes "...stacked up upon each other...in an upwards fashion..." he bought. The boxes gave indicators on when to buy and sell. He limited downside using stop loss orders to automatically sell. He turned an emotional investing loss into a systemised investing gain! Fast forward to year 2004. What does a 1950's dancer have to do with you and I? Everything! I've been using system for a while now and it works like a dream! Darvas was a genius for discovering such a simple system. I had been aware of importance of having a trading system to "protect" you against emotions of stock trading for a while now. The system I use is a variant on Darvas' work that brings his system bang up to date with Internet. If Darvas had access to today's information highway, he'd have been a millionaire many times over again.
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