Monthly Archives: January 2014

3 Reasons to Buy and Sell Penny Stocks

3 Reasons to Buy and Sell Penny Stocks

How many times have you kicked yourself for not investing in some of today’s leading stocks back when they were actually affordable?

The majority of Americans find it nearly impossible to buy stock in their favorite companies because they’re simply too expensive. For instance, Google is now available for $780 per share and Apple at $422 per share.

And then there is the fear that many of the leading stocks are inflated and poised to fall. Paul Sommerville, financial advisor and contributor to the Independent, warns “the next few years will be characterized by gut-wrenching sell-offs.”

This leaves small investors looking for fresh investments that have the power to reap major rewards in the near future. And that’s where penny stocks come in— offering you the opportunity to get in on the ground floor.

How It Works
When smaller companies go public and make their stocks available for less than a dollar per share, their shares are called “penny stocks.”  Small investors can easily and affordably purchase them. Regulated by the SEC and other official authorities, they are traded in “over-the-counter” markets rather than the NYSE.

There are a number of reasons to consider purchasing penny stocks, but here are the three most compelling:

1. Small Investment for Many Shares
With penny stocks, you have the power to purchase thousands of stock shares for a rather small investment. For example, if a technology company is selling shares at 10 cents and you make $500 investment, you can own 5,000 shares. If the stock rises to just $1.00, your investment will turn into $5,000.

This gives you the opportunity to purchase stakes in several companies at a time (with potential for major gains), rather than investing in one or two overpriced NYSE stocks that may earn you a couple dollars here and there.

2. Huge Returns in a Short Amount of Time
With some help on the research side, you can discover penny stocks ready to explode overnight. Unlike most stocks on the NYSE that can take years to grow, it is common for penny stocks to double and even triple in a single day.

3. Easy to Buy and Sell
Penny stocks are traded exactly like major stocks. All you need is to establish an online trading account to buy and sell, or you can use a traditional broker to place your trades.

A Powerful Trick of the Trade
As you’re probably aware, any stock has a certain degree of risk that comes along with it. This is why it’s essential for you to do your homework and carefully research each penny stock you purchase.

One of the very best tools on the market for researching and tracking penny stocks is 900PercentStocks.com. The site tracks the market daily, identifies high potential companies, and offers regular hot picks with their really useful email newsletter.

One of the biggest selling points of 900 Percent Stocks is that the service is completely free. To subscribe, all you have to do is enter your e-mail address, and you will never be asked to pay.

Once you dive in and learn more about penny stocks, you will be amazed at the numerous opportunities available. The secret to your success is the perfect combination of research and education. The more you know, the more likely you will reap amazing rewards!

Successful People: The 8 Self-Limiting Behaviors They Avoid – Monster.com

Successful People: The 8 Self-Limiting Behaviors They Avoid

Successful People: The 8 Self-Limiting Behaviors They Avoid

In my work, I’ve been fortunate to learn from amazingly successful, impactful professionals and entrepreneurs.  I’m defining “success” here as achieving what matters most to you, individually and authentically – not as some objective measure of outer wealth, accomplishment or achievement.  Observing people in action who are living fully on their terms and absolutely loving it, I’ve seen how they think, react, interrelate, problem solve, and lead.  I’ve applied these lessons to my own life, and to those I coach.

I’ve noted that people who love what they do for a living and have created tremendous success and reward, not only engage continuously in life-supporting behaviors, but also avoid certain negative actions and mindsets that other, less successful people habitually get lost in.

The 8 self-limiting, negative behaviors successful people avoid are:

Engaging in “below the line” thinking

“Below the line” thinking refers to a particular mindset that shapes how you view the world in a limiting way.  It leads to your believing that what’s happening to you is outside your control and everyone else’s fault – the economy, your industry, your boss, your spouse, etc.  Below the line thinking says, “It’s not fair what’s happening, and I don’t have what it takes to overcome these challenges. I didn’t expect this and I can’t handle it.”  Above the line thinking, on the other hand, says, “I clearly see the obstacles ahead, and I’m addressing them with open eyes.  I’m accountable for my life and my career, and I have what it takes to navigate through this successfully.  If I fail, I’ll still wake up tomorrow exactly who I am, and will have learned something critical.”

Mistaking fantastical wishful thinking for action

Successful professionals pursue outcomes that flow organically from their current actions. Unsuccessful individuals attach to fantasies that may relieve them momentarily of their situational pain but have no basis in reality.  For instance, I’ve heard from corporate professionals who share, “Kathy, I really hate my job and desperately want to leave.  I’ve been wanting to write a book and become a motivational speaker for several years now.  What’s your advice?”  I’ll respond, “OK, great.  Are you writing and speaking?” and more often than not, the answer will be, “Uh…no.”  You can’t write a book if you’re not writing anything, and you can’t speak in public if you haven’t developed any material to speak about.   It’s critical to take bold action toward your visions, in order to create success.  Successful people develop huge goals too, but they crush them down into smaller, digestible (but courageous) action steps that they then build on, which leads naturally to the end goal they’re pursuing.

Remaining powerless and speechless

Successful people are in touch with their power, and are not afraid to use it and express it.  They advocate and negotiate strongly for themselves and for others, and for what they care about, and don’t shy away from articulating just how they stand apart from the competition.  They know how they contribute uniquely and the value they bring to the table.   In addition, they don’t wait to bring up concerns – they tackle challenges head on, speaking about them openly, with calm, poise and grace.  They don’t hide from their problems.  And they don’t perceive themselves as hapless victims.

Putting off investing in themselves

I see this behavior over and over in those who feel thwarted and unsuccessful – they are incredibly reluctant to invest time, money and energy in themselves and their own growth.  They are comfortable only when putting other people’s needs ahead of their own.  They’ll make any excuse for why now is NOT the time to invest in themselves or commit to change.  They feel guilt, shame and anxiety over claiming “I’m worth this.”  Successful people don’t wait – they spend money, time and effort on their own growth because they know without doubt it will pay off – for themselves and everyone around them.

Resisting change

Successful people don’t break themselves against what is or drown in the changing tides.  They go with the flow.  They follow the trends, and embrace them.  They are flexible, fluid and nimble.  They react to what’s in front of them, and improvise deftly.   Those who are unsuccessful bemoan what is appearing before them, and stay stuck in the past or in what they “expected,” complaining about how life is not what it should be and why what is feels so wrong.

Honoring other people’s priorities over their own

Successful people know what matters most to them – their priorities, values, concerns, and their mission and purpose.  They don’t float aimlessly on a sea of possibility – they are masters of their own ship and know where they want to head, and make bold moves in the direction of their dreams.  To do this, they are very clear about their top priorities in life and work, and won’t be waylaid by the priorities and values of others.  In short, they have very well-defined boundaries, and know where they end and others begin.  They say “no” to endeavors and behaviors (and thinking) that will push them off track.  They know what they want to create and the legacy they want to leave behind in this lifetime, and honor that each day. (To get clearer on your priorities, values, and desires for the next chapter of your life and work, take my free Career Path Self-Assessment.)

Doubting themselves and their instincts

Those who doubt themselves, lack trust in their own gut or instincts, or second-guess themselves continually find themselves far from where they want to be.  Successful professionals believe in themselves without fail.  Sure, they acknowledge they have “power gaps” or blind spots, and areas that need deep development.  But they forgive themselves for what they don’t know and the mistakes they’ve made, and accept themselves.  They keep going with hope and optimism, knowing that the lessons from these missteps will serve them well in the future.

Searching for handouts and easy answers

I can often tell from the first contact I have with someone if they’ll be likely to succeed in their new entrepreneurial venture and career, or not.  How? By the nature of their expectations, and how they set out to fulfill them.  Here’s an example – if a complete stranger reaches out to me expecting free help without considering what she may offer in return, it’s a bad sign.  Let’s say she asks something like this: “I’m launching my new business and wondered if you can give me some advice. I can’t pay you because I’m a startup, but I hope you can help me anyway.”

From this one email, I know she’s not ready to make it happen in her own business.  Why? Because successful professionals (and those destined to be) wouldn’t consider asking for help in this way.  Instead, they: 1) understand that they have something important and valuable to offer in any situation, 2) are willing and happy to share or barter that in return for what they want, and 3) they treat others exactly as they would like to be treated.

Successful professionals are respectful, resourceful, curious, competent, tenacious, and they figure out how to get the help they need without asking for handouts.  That doesn’t mean they don’t seek assistance when and where they need it , or make use of the many free resources available to them (like Score.org, etc.).  It means that they don’t expect something for nothing.  They treat others equitably and fairly and know they deserve the same.  Successful professionals realize that if they’re not willing to pay for products and services they want, then others won’t be willing to pay them (yes, it works like karma).

They also know that their success is directly proportionate to the effort they put in Most of all, they understand there are no short cuts or easy answers on the road to success.

‘Art Of War’ Management Advice – Business Insider

terra cotta warriors xi'an china

AJancso / Shutterstock.com

The Art Of War” is one of the most famous books of all time, said to be written by the legendary Chinese general Sun Tzu around the fifth century B.C.

Some of the advice is pretty narrowly focused and dated (for instance, what generals should do when confronted with different types of terrain). But a lot of it is applicable to leadership and management today despite being thousands of years old.

We’ve broken out a few of the best pieces of business advice from the timeless classic.

“A wise general makes a point of foraging on the enemy. One cartload of the enemy’s provisions is equivalent to twenty of one’s own, and likewise a single picul of his provender is equivalent to twenty from one’s own store.”

This sentiment is pretty much universally applicable to business. Something obtained cheaply or for free is vastly more valuable than drawing from company cash or savings to buy it. In practice, that means both looking for things that are underpriced and having funds available when demand and prices are low.

“When you engage in actual fighting, if victory is long in coming, then men’s weapons will grow dull and their ardor will be damped. If you lay siege to a town, you will exhaust your strength.”

This is a concept that’s repeated several times. When a project or initiative takes too long, people get tired or bored, the competition knows too much about it, it gets outdated, and other companies or people take advantage.

“To see victory only when it is within the ken of the common herd is not the acme of excellence.”

A strategy, product, or concept that is obvious has probably already been done. Those that are the best are the ones that succeed without people really noticing. They not only become part of the fabric of people’s lives, they’re also not as easily replicated.

“The clever combatant looks to the effect of combined energy, and does not require too much from individuals. Hence his ability to pick out the right men and utilize combined energy.”

Another axiom in the book compares using combined energy to rolling logs or stones. People moving together with momentum go dramatically faster. Depending on individuals alone means they’ll wear out, accomplish less, and leave other people behind.

“If you order your men to roll up their buff-coats, and make forced marches without halting day or night, covering double the usual distance at a stretch, doing a hundred LI in order to wrest an advantage, the leaders of all your three divisions will fall into the hands of the enemy.”

Here, a “Li” equals 500 meters. Tzu goes on to say that if you do something like this, the strongest men will be in front, the less motivated will fall behind, and a tiny fraction will reach their destination. Pushing incredibly hard to get ahead of a competitor might gain temporary advantage, but it will be very short-lived.

The Four Types Of Friends According To The Buddha | TruthTheory

Articles Spirituality — 31 December 2013

2298217240_62f005ee80_oYoung man, be aware of these four good-hearted friends: the helper, the friend who endures in good times and bad, the mentor, and the compassionate friend.

The helper can be identified by four things: by protecting you when you are vulnerable, and likewise your wealth, being a refuge when you are afraid, and in various tasks providing double what is requested.

The enduring friend can be identified by four things: by telling you secrets, guarding your own secrets closely, not abandoning you in misfortune, and even dying for you.

The mentor can be identified by four things: by restraining you from wrongdoing, guiding you towards good actions, telling you what you ought to know, and showing you the path to samsaric heavens.

The compassionate friend can be identified by four things: by not rejoicing in your misfortune, delighting in your good fortune, preventing others from speaking ill of you, and encouraging others who praise your good qualities.

What To Actually Worry About – Business Insider

F. Scott Fitzgerald gave some fanastic advice to his 11-year-old daughter Scott in a 1933 letter, as Maria Popova points out at Brain Pickings.

Discussing what to worry about in life, Fitzgerald touches on several things that are relevant in 2014:

Things to worry about:

Worry about courage
Worry about Cleanliness
Worry about efficiency
Worry about horsemanship
Worry about…

Things not to worry about:

Don’t worry about popular opinion
Don’t worry about dolls
Don’t worry about the past
Don’t worry about the future
Don’t worry about growing up
Don’t worry about anybody getting ahead of you
Don’t worry about triumph
Don’t worry about failure unless it comes through your own fault
Don’t worry about mosquitoes
Don’t worry about flies
Don’t worry about insects in general
Don’t worry about parents
Don’t worry about boys
Don’t worry about disappointments
Don’t worry about pleasures
Don’t worry about satisfactions

Things to think about:

What am I really aiming at?
How good am I really in comparison to my contemporaries in regard to:

(a) Scholarship
(b) Do I really understand about people and am I able to get along with them?
(c) Am I trying to make my body a useful instrument or am I neglecting it?