sheghan’s Blog

Most people have seen an illustration of the magic of compound interest. For example, if you save $50 each week for 20 years then you will have accumulated $165,747 even though you only contributed $52,000. But what if you waited a year before you started saving? What is the cost of that delay?

Many people will be tempted to say it is the balance at the end of the first year; $2,732. Others will argue that it is only the interest earned in the first year; $132. But neither of those methods gives you the right answer.

Let’s say that person A decides to start his $50 per week saving program today but person B decides to wait one year. In 20 years time, person A has been saving for 20 years and person B for only 19 years. Person A has a balance of $165,747 and person B has a balance of $147,516 this is a difference of $18,232. That is the true cost of delay in this 20 year example.

This is all simple in this neat example but what about in real life. Studies tell us that the person who delays their saving or investment plans for a year has only a 20% chance of actually starting that plan in twelve months time. Saving and investing are not activities they are attitudes. The real cost of delay for person B is more likely to be $165,747 because they will never actually start.

This is not only true of a simple thing like saving money, this is also true of life in general. The person who delays starting any endeavor is highly unlikely to actually start it at all. Think of the cost of that. The real cost of delay in this case is the full potential of all you could become if you got serious about being successful.

What could you really achieve in life if you actually got serious about it, starting today, and gave it your best shot? Who knows? Maybe you could become a billionaire, maybe you could become a world famous musician, maybe you could become a great philanthropist, or maybe you could become a person who changes the course of world history. There is only one way to find out.

Many people don’t get started because they are worried about all the problems that they might encounter along the way. Well guess what. You are going to encounter problems anyway. The difference is that most people are encountering the same problems over and over again but the person on the success trail is solving today’s problems and moving on to more interesting ones.

Take for example person B mentioned above. If he never gets around to saving or investing he will face financial problems all his life. A person who gets serious about saving and investing will one day have to face the problem of what they are going to do with all the excess money they have. Which problem would you prefer?

There is only one sensible way to approach starting a new venture; you say to yourself that either I am going to start it today or I am going to stop fooling myself and admit that I will never start it.

If you have the courage to say that to yourself and mean it, then you will become a starter and starting is the most important step in succeeding.

By: James Delrojo

The Alexa free traffic ranking service is part of the Alexa Web Information Service. Part of the Amazon.com family of companies, the data found on Alexa is available to website developers and researchers all over the world. URL information, web search, category browsing and crawl Meta data are all part of the services Alexa offers. The ranking package included in the services is determined based on the usage of the toolbar users can download.

Traffic rankings are based on the usage of the toolbar over a three month time frame. A website is ranked based on the ease of reach of the website and how many page views are receives. Because this service is fee based package, the individual website reach is determined by how many Alexa members visit it. Page views are determined by how many times it is viewed in a day. Multiple views by the same user are counted as one. The site with the highest numbers is ranked at number one.

The traffic ranking service is for domains at the top level only. Subpages within a domain are not tracked or counted, and neither are subdomains unless they are personal home pages or blogs. These pages will be identified with an asterisk next to the rank number. These pages are also ranked the same way other websites are, so whatever ranking number a site gets is the rank overall among the service’s members.

Web developers who use this service will pay a small fee for what they use and nothing more. There is no start-up fee to get their site registered and for every 1,000 hits, users are only charged fifteen cents. Once the site is live through Alexa, members can find it by using the downloadable tool bar.

This causes a hit to be logged and adds to the ranking numbers. After three-months of information collecting, the numbers are then reviewed with the previous ranking and a visual graph is constructed so that the website developer and owner can see how they are doing. Graphs are also constructed for daily rankings as well.

Top ranked websites are determined based on the changes in the sites average number of users. The current week’s numbers are compared to the previous weeks. The bigger the change, the higher – or lower – the website moves in the rankings.

Users of this search engine site need to remember that the rankings of the various websites available to them are not an accurate picture of how the site is doing internationally. It is a picture of how it is doing in Alexa only. This service also only works with Internet Explorer, Firefox and Mozilla.

If the website is operated AOL or Opera, they may not have a traffic count at all because they are not supported. Usage of the software is another factor that must be taken in consideration when a site owner reviews their ranking numbers. This software may be used more in some areas than others. Also, sites with secure pages are not counted by the software.

By: Brian Garvin and Jeff West

Most people who want to make money fast simply dream about it and never get around to it, as they don’t have a vehicle or a plan or not enough money. Here we want to look at a simple way to make money fast which only requires a small amount of seed capital.

First things first:

If you the type of person who thinks someone else can give them success and don’t have a burning desire to be successful, or to spend time learning - then stop reading now, this business is not for you!

If you do have desire and are prepared to learn a specific method and take charge of your financial destiny, then this is the business for you and you can start it with just a few hundred dollars.

The business for making money fast we want to discuss is - trading currencies online.

Before you say that sounds hard consider this:

Legendary trader Richard Dennis set out to prove that anyone could learn to trade.

He took a group of people who had never traded before of all ages, both sexes and various levels of educational achievement and in 14 days taught them to trade.

The outcome?

They made him $100 million dollars and went on to become some of the most famous traders of all time.

The fact is currency trading is a learned skill and anyone can learn it if they want to.

Is it really that simple?

Yes and no - the catch is:

You must learn correctly and that means not just learning a method (that’s easy) but learning a disciplined mindset (this is harder), as you must learn to cut losses and run profits. It’s not easy, and you wouldn’t expect it to be, with the rewards on offer but it’s certainly within everyone to do it - if they have the right attitude to success.

The key to big profits

Is leverage and today, a currency broker will give you 100:1 leverage as standard when you open an account. For example, put down $500.00 and you will be allowed to trade $50,000.

This is why discipline is so critical - leverage is a double edged sword.

The key is to cut your losses and run your profits.

By cutting losses quickly (you stay in the game) and running profits leveraged means you can build big profits and make money fast.

You only need a computer and an internet connection to do this business and you can trade in under an hour a day, so the rewards for your effort are huge.

The best way to do this business is to simply use forex charts and use them to spot chart formations that repeat over time and can give you advance warning of trends developing and changing.

Trends reoccur, as human nature is constant and these trends reflect human nature.

It sounds simple - but you will need to spend sometime practicing as charting is an art more than a science but you will soon be able to do it, if you apply yourself.

So this is an opportunity anyone can learn and anyone can seek big profits in.

The question is:

Are you up for a challenge and are you prepared to learn?

If you are welcome to the best way to make money fast the exciting and lucrative world of global forex trading.

By: kelly Price