If you have a good financial education you don’t need money because you have a financial education. Most of people work for money, which is doled out in meager fashion, and they blame their boss for their poor financial position. They work hard, but they don’t think financially. The rich don’t work for money, money works for the rich.

What does Kiyosaki recommend as a solution? Taking seminars on futures trading, financial workshops and real estate. He writes about buying a property and quickly reselling it for a large profit and he set up a free educational training classes which moving around US, being at 8-10 cities at 1 time. It is amazing that you can take 2 day free financial workshops with ought spending anything and no future obligations. It is just to give people an idea of how to be in control of their trades and investments.The big difference between the rich and non-rich is that the rich use their money to buy things which generate future wealth-stocks, real estate, etc. The non-rich tend to buy personal things which depreciate in value and have no ability to earn future wealth. People should be taking jobs to learn and not to earn.Robert Kiyosaki, author of “Rich Dad Poor Dad,” is an investor, entrepreneur, and educator whose perspectives on money and investing fly in the face of conventional wisdom.

“Rich Dad Poor Dad” is the longest-running best-seller in US.

Robert Kiyosaki had two dads - a rich one and a poor one.

“One dad was highly educated and intelligent; he had a Ph.D. and had completed four years of under-graduate work in less than two years. He then went to Stanford University, the University of Chicago, and Northwestern University to do his advanced studies. All on full, financial scholarships. My other dad never finished the eighth grade. Both men were successful in their careers, working hard all their lives. Both earned substantial incomes. Yet one dad struggled financially all his life and the other dad would become one of the richest men in Hawaii. One died leaving tens of millions of dollars to his family, charities, and his church. The other left a legacy of unpaid bills. Both men were strong, charismatic, and influential. Both men offered me advice, but they did not advise the same things”.

If I can take a dollar and turn it into 100 dollars, my bank will give me all the money I want, so will the stock market. But if you’re a financial idiot, you know they don’t care if you went to Harvard they’re not going to give you any money.”Most people live their lives chasing paychecks, pay raises, and job security because of emotions of desire and fear, not really questioning where those emotion-driven thoughts are leading them. It’s just like the picture of a donkey, dragging a cart, with its owner dangling a carrot just in front of the donkey’s nose. The donkey’s owner may be going where he wants to go, but the donkey is chasing an illusion.” writes Kiyosaki.”In the real world outside of academics, something more than just good grades is required. I have heard it called ‘guts,’ ‘chutzpah,’ ‘balls,’ ‘audacity,’ bravado,’ ‘cunning,’ ‘daring,’ ‘tenacity,’ and ‘brilliance.’ This factor, whatever it is labeled, ultimately decides one’s future much more than school grades.”Rich Dad’s Guide to Investing RK: I think that money is a very important subject. You know, when somebody says, “Money’s not that important,” or the best one is, “Money doesn’t make you happy”. I say, “You must be a very unhappy person”. You know, because I am happier when I have all the money I want. Money buys my lifestyle; it buys my freedom. I can travel the world I can work if I don’t work. So I think it’s to be more honest with yourself about your relationship with money.

Tags: educational training classes, Guide to Investing, Rich Dad Poor Dad, Robert Kiyosaki

admin :: May.02.2008 :: Educational advisors, Free Classes, Option Trading, Trading Education, Trading Workshops ::
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Stock options provide advanced investors with additional opportunities for potentially rewarding returns. But stock options also involve risks, so a good understanding of options will help you minimize risk and maximize your profits as an option trader.
Options on stocks and stock indexes are derivative instruments. Stock investors may use stock options to hedge against a price decline, to lock in a future purchase price, or to speculate on the future price of a stock.

A stock option is essentially a contract that gives one party the right to purchase or sell a stated number of shares of a stock at a specified price. The price at which the shares may be purchased or sold is known as the strike or exercise price. The right to exercise lasts for a stated period of time, which may be months or years, until the expiration date. If not exercised on or before the expiration date, the option expires.

You need to develop a stock option trading system. Hundreds of different systems already exist, and you can certainly learn about them, and even purchase one if you like. Or you can develop your own. Your stock option trading system must preserve your capital or you’ll fail. This also means you can’t risk everything. As a trader, you should be looking for small, repeated successes. Your focus should be on consistently making profitable trades and limiting your losses on bad trades.

Your stock option trading system should also be mechanical in nature. Trading should always take place in liquid markets. An effective stock option trading system should be aimed at liquid markets where sufficient daily volume exists to easily and consistently execute orders. You can take a Free Option Trading Workshop near your area to get a better idea of the Option trading systems and even choose a couple.

Tags: Free Option Trading Workshop, option trading system, Stock options, trading tips

admin :: Apr.26.2008 :: Educational advisors, Free Classes, Option Trading, Trading Education, Trading Workshops ::
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