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Invest In Yourself, Invest In Your Future
by: Ted Sullivan
Commonly held wisdom tells us that it is a very good idea to save 10% of what we earn.

Many popular authors of financial self help books explain in great detail that after 20 to 30 years this 10% savings can likely help you retire from your day job. In fact, you probably know of such people that live in your neighborhood that have paid themselves first in this manner and over the years amassed considerable wealth.

If you are able to sit down today and adjust your living expenses so that you can live on 90% of your income to start saving 10% you are fortunate indeed. Especially if you happen to live in an urban area where the cost of living is continually increasing. Additionally, if you, as many people do, already give regularly to a local church or charity 10% of your present income that will only leave you with 80% to budget.

Most people think such a savings strategy to be extremely difficult if not impossible to follow. However if you read more closely to the advice given by popular authors, they are trying to tell you that you should use some of the 10% you are saving to improve your skills so you can earn more. Their message is to continually improve your earning ability in order to increase the amount you can earn.

Nobody expects NEVER to get a raise or earn more money. They may not believe that this could happen any time soon at their current job but certainly they realize that their life’s ambitions are not limited by their current situation. Unfortunately when they sit down and attempt to map out a financial strategy to get ahead they usually forget a basic fundamental economic principle. Learning new skills always means the ability to earn higher wages.

Even in something as simple as weaving carpets there are lousy cheap polyester carpets and very expensive Persian wool rugs. Some created by lousy carpet weavers at minimum wage. Other’s created by expert carpet weavers that have studied their craft and honed their skills in modern factories.

Most people think earning more money means that they have to have a second and third and maybe even fourth job. How depressing! What they really need is an opportunity to earn more income and then have the income grow exponentially. In financial terms this type of income is usually called residual income.

When you go to an investment advisor they always like to explain that if put X dollars in an investment and reinvest the interest then it will begin to grow exponentially. If you practice this type of investment strategy it can lead to a very large sum after 20 years. Especially if over those years you contribute monthly a small amount to cause the principle to grow.

Network Marketing is a business opportunity that can lead to exponential income growth or residual income. You begin by starting a part time home based business usually called an independent distributorship that earns income by recommending the products to others and earning commission income on those referrals.

The key to exponential growth in Network Marketing that is important to understand is simply this: You always introduce the business opportunity to others when they buy the products because you are expecting to find some people who will also be interested in the business opportunity. Those people you train to do the same as you are doing. Recommend and introduce.

By sponsoring new distributors and teaching them to do the same a downline is created. Network Marketing companies like Tahitian Noni International pay 53% of retail cost of the products back to the distributors. This 53% is divided up amongst the distributors who had a part on recommending the products up to 8 levels deep in the downline. Like the interest investment, the goal is simply to continue recommending the products to others and training those whom you sponsor as new distributors to do the same. This activity ensures that you will experience exponential growth in your organization.

Over time this simple duplicatable activity will lead to a very large group of people who are doing the same work of recommending the products every day in your organization. Overtime this also can lead to very large commission cheques because of the exponential growth.

By investing in yourself a small portion of the 10% savings to learn the art of network marketing you will have a new skill. This new skill will allow you to over a few short years to establish a business owned by yourself that’s income is only limited by the number of people you introduce the business to as well as train them to do the same.

Since there are considerable tax advantages to owning a home based business you should also consult a tax consultant for information for your province or state. Usually the tax savings amount to over 10% of your income so if you’re careful you can create a business that breaks even in the first month.

The Network Marketing Company we are using Tahitian Noni International, http://www.tni.com/1522283, provides a training program called Success Path. You can read about it on our web site http://www.nonijuiceint.com. We also provide training for our downline organization so that they can fine tune their sponsoring skills. You can read more about our opportunity at http://www.nonijuiceint.com/ebook

Success is not hard. It just takes a bit of work focused on the right activities, activities that create income.

About the author:
Ted Sullivan is a Tahitian Noni Independent Distributor who is helping others succeed at Network Marketing. He owns http://www.nonijuiceint.ca/http://www.nonijuiceint.us/and http://www.eplanetnews.biz/and uses them to develop his business online.


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 How Investment Plans Work
 by: John Mussi

More people are choosing investment plans than ever before. With the rising cost of living and the growing insecurity about the availability of many retirement funds, many individuals are looking to investment plans to begin a nest egg or to make some additional money via investment without having to spend a lot of time purchasing stocks and bonds.

Investment plans allow individuals to simply purchase a specific amount of stocks, bonds, or indices on a regular repeating basis, cutting out a large part of the hassle while allowing for some of the main advantages of investment.

If you've been considering an investment plan but aren't completely sure what they might entail, the following information might help you to decide whether or not an investment plan is the right investment option for you.

The Mechanics of an Investment Plan

Basically, an investment plan is a method of making multiple investments over time at regular set intervals. The funds for the investment are taken from a cheque, savings, or money market account automatically, and are used to purchase stocks or bonds that you have decided upon beforehand. In most cases you can change the amount, frequency, or purchased stocks or bonds of the automatic investments at any time, though depending upon the broker through whom you're doing the investments you may be subject to fees or penalties especially if changing details relatively close to the next investment date. Most online investment firms offer investment plans that you can change at any time free of charge.

Deciding How Much to Invest

When deciding how much to invest each cycle with an investment plan, you should take care not to overextend your funds and bring yourself up short. Make sure that the amount that you choose is available and that you'll have it to spare each time your investment comes up… it can be difficult to plan for events in the future, and just because you have a surplus now doesn't mean that you won't find money running tight a few investment cycles from now.

If you feel that you're reaching a point where you won't be able to afford your regular investment, go ahead and reduce the investment amount or put a hold on the next scheduled investment… better to put less in than short yourself afterwards.

Choosing What to Invest In

Making the decision of which stocks and bonds to invest in can take some time, but it's worth it… this is your money that you're dealing with, and you shouldn't invest it without putting some thought and research into your decisions. Find stocks or bonds that have performed well over time, and that are likely to continue doing so… they may be expensive at times, but you aren't making your total investment all at once so it doesn't matter as much.

Don't be afraid to add new stocks or bonds to your plan later, either… this can help to diversify your portfolio.

Deciding On an Investment Interval

You also need to decide how often you wish to make your investments… this will largely depend upon the cycle of your paycheques and your monthly bills and expenses. You may decide to invest once per month, after everything has been paid, or you might want to invest a little from every paycheque.

The more often you invest, the lower the amount of each investment can be… after all, two or four small investments per month might end up purchasing more than one larger one.

Decide on what works best for your lifestyle, and modify it as needed later if it doesn't seem to work out for you.

 

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