8/09/2008

Steps to prosperity and success

Prosperity and abundance become a natural call to our desire. But the question arises, what would you do if you are given the opportunity? Would you fulfill your career /vocational wish, or buy a house to live in peace, fulfill some incomplete relationship, or go for money?

This depends on the personality that suits you the most. Things may be something else as well. But the key factor remains in achieving that abundance. Otherwise the same story repeats again and again- dream and constant secret wish converted into frustration after a point of time. Don’t be disappointed. The proverb goes “if there is a will, there is a way”. The ways are as below; find out whether you have the will within you to follow those ways:

i. What is this Law of Attraction?

Hey lo! Don’t skip. This is not a scientific theory, followed by an annoyingly lengthy formula. This law has been set on account of constant observation and experience. Display yourself and you will be displayed to the world. Don’t you feel that? Abraham Hicks expresses it properly, “You attract whatever you give your attention and energy to, whether wanted or unwanted.”

So whenever you are out there with any dynamism and curiosity, you are paid back. For example, you talk to any person about anything, and if he/she reacts, your dialogue is automatically recorded in the web of rumor. Whatever we do, we are displayed to the world, and the reactionary attraction is there. (Remember Newton’s Third Law). And the knowledge of this will help you manifesting yourself insistently, and attracting things, you want or not, that would you in abundance.

Try to know that, and the next thing is, you are automatically updated.

ii. The things paid attention are rewarded to you:

This is the subsequence of the Law of Attraction. Whenever you have certain things in mind that you want to materialize at any cost, your focus is rewarded. There is no mystery or luck in it. You perform anything honestly working hard; you are bound to be paid back positively. Can’t you relate to that, remembering any episode of your life where success came to you doorstep owing to your sincerity?

Equally strong is the concept of moving away and being unrewarded. If you seriously feel that you are not able to do certain things, you lose the confidence every time, and follow the step of negligence and secret frustration. For example, if a footballer believes that he cannot score in a penalty, due to the previous failing attempts, the chances of materializing that becomes lesser. And another failed attempt leads him to more diffidence.

If you tend to move away from something, it is because of this frustration. Any work related to that will only bring in your mind the images of failure.

Thus, don’t lose your level of energy and confidence by trying something you don’t have complete faith in. Or do try them with true attention. You’ve got it, man!

iii. Confused?

No, not on my words! They are pretty clear. Are you

Confused of what you want? This is the most important part of life. We waste a considerable part of our life running after things that do not suit us. Shake off these confusions, and clear your head. Go to a quiet place, give yourself time, and find out what you need the most at present. You can set your long-time dreams. But you need to be judicious while acting upon that. Make step-by-step decisions and accord them with proper durations. Perhaps a meditation would do.

Be clear what you are trying to attract to. Always question yourself, “how would I get close to prosperity?” You might be at stake in anything (shortage of money, problems in relationships, profession, etc.); you need to concentrate on the basics. The ways you followed, and the mistakes you committed.

You are on the verge of having reparation or a lesson.

iv. Be positive:

Throughout the negative news, showered on TV, newspapers, or everyday rumors, the crux of which lies on spreading disturbing news, the very attitude of remaining positive is lost.

On any incident, the fear of risk and negativity comes promptly. Its result is that you lost the capability of appreciating things that you are gifted with.

If you open up your potential to the world, forget the past failure, and have faith in yourself, the near future is yours. Bring out what you appreciate in life; you will visualize so many opportunities moving around you. And you can select the path you want. Act positively in trying times. The attitude tells the story.

v. Pronounce affirmations repeatedly:

Del Karnegi, a famous human-mind reader, used to say that you need to pronounce repeatedly what you want. And say that you can get this. Telling things of your desire to others will give you the will to fulfill that, may be out of shame. But once you do that successfully, you are a lot more confident.

If you record your positive attitude, avoid reluctant appeal such as “will see it afterwards”, and believe you are only a step behind your goal, none can resist you from achievement.

First decide, and then take the initiative. Your rusty brain would soon act like a fertile one, steeped in positive information. Stated affirmation of your demand works as a catalyst to the gathering of abundance and prosperity.

These steps do not lead you to any technical proficiency of gaining. They are no theoretical postulations to sharpen your mind. They are only a way to know you and your desires properly. Rediscover yourself. If you learn to know you, can abundance and prosperity, mere human attributions, be far behind?

How to Profit from the Latest Dollar Rally Without Buying the Dollar

Good Day Currency Traders,

Sometimes predicting financial markets is a piece of cake.

Entire markets stretch out before you like a level playing field and anyone who's even the least bit market savvy can see where stocks, bonds and currencies are headed.

In those types of blessed markets, one plus one really equals two. A higher dollar equals lower commodity prices. A stronger U.S. dollar equals higher stock market prices all over the world.

Sometimes it's just that easy. Other times, it's not.

Take the current dollar rally. There are a myriad of "hidden" threats lurking that could derail its advance. The problem is there is money to be made on the strengthening greenback and investors realize it.

For example, an agitated client at our asset management firm just emailed me about the dollar. In his email, he demanded that I take advantage of this dollar rally. Of course, he could be right - assuming the rally lasts. Trouble is, no one knows if that's going to happen.

Right now, it's hard to say. You can't easily shrug off the long queues of angry people in front of collapsed banks or the protracted global recession. All those factors weigh on the dollar.

So beware of the notorious bear market rallies - including currencies.


After Nine Months, Has This Global Stock Bear Given Birth to a Higher Dollar?

Nine months of fierce bear market have pushed many stocks around the world down to attractive valuation levels again.

A firmer U.S. dollar could trigger an impressive bear market rally. In particular, we could see a rebound in financial stocks and shares of European exporters tied to the higher dollar going forward.

That leaves us to answer the crunch question: Where is the U.S. dollar heading?

From a technical point of view a spike in the U.S. dollar would not be a surprise. Since 2000/2001, the U.S. dollar/euro (USD/EUR) exchange rate has fallen 45%. This means the dollar fell an average of 8% each year.

The downtrend was only briefly interrupted by a 10% dollar rally in 2005. In other words, there wasn't a noteworthy correction for 2 ½ years - that is suspicious. This doesn't happen too often to exchange rates (at least going back as far as 1973).

The best argument for a temporarily firmer U.S. dollar is the prospect of a weaker euro. There's no longer any question of whether Europe can elude the U.S. recession.

Now the question is: How long and deep will this contraction be in Europe?


Trouble in the Eurozone Paradise

The news coming out of Europe has been darkening by the day.

Consumer sentiment in the main Eurozone nations has plunged - especially in Italy and Spain with never-before-seen numbers. Eurolands' service sector is stagnating. Sentiment among businesses in the German export machine is in a freefall. Growth in new orders has come to a halt.

In other words, it's just a matter of time until the European Central Bank (ECB) loses her anxiety about inflationary pressure and stops talking about hiking rates. This should shed a new light on the U.S. currency.

So yes, the dollar may be heading higher. But here's the thing: My preferred way of drawing profit from a continued rally is not buying U.S. dollar but rather, I'm buying the few currencies and stocks that will profit from this rally.

Profit from this Rally, Without Sticking Your Hand in the Fire

It looks like it's time for a portfolio shift. As always, I and my colleagues consider protecting your assets as a top priority in an environment of high uncertainty.

But you cannot help but have a second look at this bunch of stocks in Switzerland, the Eurozone, U.K. and even in Japan that currently trade at fire-sale prices (with a recession already priced in). All of these should do well once the U.S. dollar moves higher versus the major currencies.

How can you benefit from the current U.S. dollar strength? Our recipe is quite simple. For our clients, my colleagues and I are planning to buy Japanese yen and invest in a dozen carefully selected stocks.

Of course, it's impossible to know whether we get away from this recession and banking confusion with only a black eye or if we'll end up in a depression before this mess is through. (If it's the latter, 40% of stock values could disappear.)

Therefore a good deal of our company's portfolio will be allocated to short-term investment strategies. For instance, we're looking at top-rated short-term bonds in the euro, Swiss franc and a few selected high-yielding currencies such as the New Zealand dollar (NZD).

Bottom line: The U.S. has deeply rooted problems at the moment. The U.S. is facing high debt, a zero % savings rate and depleted balance sheets. I simply don't believe all that jazz will be whisked away overnight.

So my colleagues and I would rather invest in the currencies and stocks that will profit from any short-term dollar strength than the dollar itself.