Secret Wealth Files 16-17 (Week 7)

This will be the last part of the Secret Wealth Files.  We hope you have found the earlier wealth files interesting and have helped changed your financial blueprint one way or another.  The end of this series does not mean the end of your learning but instead it should be the start of a new YOU! Do continue to learn and develop yourself as the saying goes…

“If you are not growing, you are naturally dying” ~ T Harv Eker

 
icon for podpress  Secret Wealth Files 16-17: Play Now | Play in Popup | Download

Please visit this website to enrol for the multimedia online course for free.

If you want to change your Financial blueprint, we would encourage you to attend T Harv Eker’s Millionaire Mind Intensive in Singapore this coming 7-9 November 2008.  For more information, please click here.

Secret Wealth Files 14-15 (Week 6)

I was watching The Oprah Show earlier and the guest on the show was Suze Orman.

A viewer asked Suze Orman this question, “How do you find the best financial advisor?”  Suze answered, “Look into the mirror.  You ARE your best financial advisor.  No one will be able to understand better on how you handle your money than your own self.”

So it’s time we take control of our own money.  That’s the topic for this week’s Secret Wealth Files.

 
icon for podpress  Secret Wealth Files 14-15: Play Now | Play in Popup | Download

Hope you have benefited from the past weeks’ Secret Wealth Files.  If you have missed the earlier weeks, please click on Secret Wealth Files 1-2, Secret Wealth Files 3-5, Secret Wealth Files 6-8, Secret Wealth Files 7-9 and Secret Wealth Files 11-13.

Stay tuned for the last week of Secret Wealth Files.  You can also visit this website to enrol for the multimedia online course for free.

If you want to change your Financial blueprint, we would encourage you to attend T Harv Eker’s Millionaire Mind Intensive in Singapore this coming 7-9 November 2008.  For more information, please click here.

~ Suan Bee

Secret Wealth Files 11-13 (Week 5)

“You can’t put a limit on anything. The more you dream, the farther you get.” ~ Michael Phelps

“I think that everything is possible as long as you put your mind to it and you put the work and time into it. I think your mind really controls everything.” ~ Michael Phelps

The two quotes above says a lot about the man who clinched 8 golds in the current Beijing Olympics.  The success formula is all in the mind…

Here’s this week’s Secret Wealth Files.

 
icon for podpress  Secret Wealth Files 11-13: Play Now | Play in Popup | Download

You can also visit this website to enrol for the multimedia online course for free.

If you want to change your Financial blueprint, we would encourage you to attend T Harv Eker’s Millionaire Mind Intensive in Singapore this coming 7-9 November 2008.  For more information, please click here.

Secret Wealth Files 9-10 (Week 4)

We hope you have been enjoying our weekly Secret Wealth Files and it is helping you to change your financial blue print.  Below is this week’s Secret Wealth Files from T. Harv Eker.

 
icon for podpress  Secret Wealth Files 9-10: Play Now | Play in Popup | Download

If you have missed the earlier weeks, please click on Secret Wealth Files 1-2, Secret Wealth Files 3-5 and Secret Wealth Files 6-8.

Stay tuned for the next Secret Wealth Files.  You can also visit this website to enrol for the multimedia online course for free.

If you want to change your Financial blueprint, we would encourage you to attend T Harv Eker’s Millionaire Mind Intensive in Singapore this coming 7-9 November 2008.  For more information, please click here.

Speech of A Lifetime

We’ll take a break from Secret Wealth Files this week.

However we would like to share with you an inspirational video on the “Last Lecture” by Dr Randy Pausch.  Dr. Randy Pausch passed away on July 25, 2008. Dr. Randy Pausch is a happily married man with three very young children. He spent years working for Disney as an Imagineer who helped them develop some of their theme park attractions. He then went on to teach at Carnegie-Mellon University in Pennsylvania.

Abruptly, his life took a turn for the worse when he got cancer and fought it off after years of treatment. The cancer returned and has near-totally corupted several vital organs leaving him with mere months to live.

This video is his shortened speech on how not even death can bring him down and how the dreams he sought to come true can inspire us all.

We hope the above video has inspired you to live the life that you want.  The video presentation is meant for his 3 young children when they grow up.  However it has inspired thousands around the world.  You can also read about it in his book “The Last Lecture”.  For more information, you can visit The Last Lecture.

Do You Know What You Want?

“The #1 reason most people don’t get what they want is because they don’t know what they want.” T. Harv Eker

Rich and successful people always know what they want and they know that very specifically. After knowing what they want they can then formulate the strategies that will help them achieve what they want. They commit themselves to follow through with their plans to reach their goal.

In addition to knowing what you want, it is also important to be clear and specific about it so that
Photo by Jennie R. F. there is a visible target for you to focus on.

For example Adam knows that what he wants is to lose weight. Which statement do you think will commit him to attain his target better?

“I want to lose weight.” Or
“I want to lose 10kg by 31 December 2008.”

The 2nd statement has more impact isn’t it?

With clear and precise goal, it helps us remain focused and enables us to formulate the necessary plans to achieve the goal.

So do you know what you want specifically? I’m not surprised if most people don’t. Here is what you can do to help find out what is it that you want.

Most people are not very good at identifying what they want. But they are generally good at knowing what then don’t want. So we can start by finding out what we don’t want to help us identify what we want. List down the things that you don’t like. For each of the things that you don’t like, think about what you would like instead. Once you are able to identify what you like, pay attention to them and find ways to achieve them. Remember to always be clear and specific to hold yourself to your wants. Set out the plan to achieve what you want and follow through to complete it. Bear in mind rich and successful people always complete what they start as well…

~ Mong Ling

Secret Wealth Files 6-8 (Week 3)

Have you ever wondered what is the difference between the thinking of rich people and poor people? Do you want to know if you think like a rich or poor person?  Watch the video below to find out more.

 
icon for podpress  Secret Wealth Files 6-8: Play Now | Play in Popup | Download

If you have missed the earlier 2 weeks, please click on Secret Wealth Files 1-2 and Secret Wealth Files 3-5.

Stay tuned next week for Secret Wealth Files 9-10.  You can also visit this website to enrol for the multimedia online course for free.

If you want to change your Financial blueprint, we would encourage you to attend T Harv Eker’s Millionaire Mind Intensive in Singapore this coming 7-9 November 2008.  For more information, please click here.

GREED IN OPTIONS TRADING

Written by C Hun

Last week’s trading was like a roller-coaster ride but very fruitful at the same time. Not only did I made some money from options trading but along the process I also discovered how we can learn from the trading process and take control of our own emotions at that time.

Greed is one of the reasons why some people always fail in their life because they do not know how to control it.  Well, I faced the same problem few days ago when the counter (Goldman Sachs) that I entered moved up and down so fast.  The anxiety I felt during that time made me loss my focus during the trading hour.  When I realize that I was too anxious during that time, I decided to exit and just take a break.  Well, I made about USD400 for that trade.  I was happy with what I achieved but at the same time I also learnt that I could have made more when the price touches the price I anticipated earlier.  However because of my greed, I lost my focus and did not set my profit limit.  And I ended up having to sell at a lower price which is half of what I should have made.

After that trade, I felt more confident.  It let me to more winning trades. I was able to make about USD100 within a few minutes of trading in volatile counters for the day.

So remember to be focused when you are trading and do not let greed take control over your emotions.  Also it helps to have trading buddies when you are trading. You need friends with the same positive mindset to share and discuss and also to bring you back in line when you go off the track.

Happy Trading!

Secret Wealth Files 3-5 (Week 2)

We hope you enjoyed Secret Wealth Files 1-2 last week.   Here’s Secret Wealth Files 3-5:

 
icon for podpress  Secret Wealth Files 3-5: Play Now | Play in Popup | Download

Stay tuned next week for Secret Wealth Files 6-8.  You can also visit this website to enrol for the multimedia online course for free.

If you want to change your Financial blueprint, we would encourage you to attend T Harv Eker’s Millionaire Mind Intensive in Singapore this coming 7-9 November 2008.  For more information, please click here.

Options Trading Anyone?

Written by C Hun

The first time I knew about options trading was when I attended an options trading preview one and a half years ago in Penang.  I was so amazed with how much money a person can make from options trading. Immediately I decided that options trading is something I wanted to do all along. I signed up the offer without any hesitation.

The options trading course was conducted by Dr Clemen Chiang of Freely Business School, Singapore.  It was a 3 days 3 nights course.  Yup, you read right.  It’s full 3 days and 3 nights!  I have never attended such an intensive course until then.  Each day started at 8.30am and ended between 1-3am.  We only had about 5 hours sleep each day.  It was indeed a very taxing 3 full days.  Break and lunch time was short.  Even toilet breaks!  But hey, don’t get me wrong.  I’m not complaining.  Instead, I’m very grateful to Dr Clemen for his commitment and enthusiasm.

I must admit I was actually spoilt by all those seminars that I attended previously whereby we have good morning break, good lunch, good tea break in the afternoon and it normally ends around 5.00pm.

However, I learnt so much from the three days.  It was not only options trading but lots more for my personal development.  I started to believe that I can actually make it and become someone who is going to be very successful.

During the learning process, I discovered how tiny we are as a person. We know so little in life but we thought we know everything.  We also stop developing ourselves after graduating from university or college.  We went for training which was paid by our employer and we acquired knowledge that are all job related.  With that, we hope to move up the corporate ladder and by then, we think we are experts. Little did we know that we are just expert in one or two particular areas.  But we are not an expert in life. We may be earning so called very good income but that income is only enough for our family to live a life that is reasonably good, not GREAT.

By now, some of you may be thinking what nonsense is this guy talking about… but hey, I was like that before. I know what you are thinking. Let me share this with you… there are more things that we can learn if we have an open mind.

I started to trade with real money when we participated in the Options Trading Championship in Oct last year.  We made some losses during the championship. However, at that time I still have the thinking that I am good but because of a bit of bad luck, I didn’t make the money I wanted to make.  After returning from the championship I continued to trade. With some lucky trades, I started to make some money but it all went down the drain when I suddenly lost focus. I started to lose money again.

It was only until I attended T. Harv Eker’s Millionaire Mind Intensive seminar last year end in Singapore that I realized my problem.  During the seminar, I discovered that I had the wrong mindset.  And that was my financial blue print, a blue print that will make me work for my whole life and fail for my whole life - a wrong mindset that was developed since I was very very young.

Let me put it this way (and I belief a lot of people will be like that as well), you think that your failure is purely due to bad luck.  With the wrong mindset, you start to develop a habit of blaming others for your failure.  This is one of the simplest way to explain for your failure.  Most people think that they are unlucky, they are cheated by others, they were not at the right place at the right time, they were not given a chance to show their true capabilities.  Sounds familiar?  Prolong delay of this kind of thinking will eventually create a habit, a habit that will control your mindset and eventually your whole life will be filled with failure. You will continue to blame others until the day you die. So what will you achieve in your life?

After trading for a few months after the seminar, I realized that I still have lots to learn and there is so little time. I start to realize how important time is for me but there are still people who are wasting their time doing nothing or hoping for some miracle. I was like those people before just thinking, not doing anything.

Today, I’ve changed. I’m starting to act. I’ve changed my mindset to live a more meaningful life.

Looking back, I started trading since last October 2007, lost almost 90% of my money in my account in 7 months.  I decided that I will not be a loser again. I’m going to make money in options trading.  My target is making USD5000 per month starting from August 2008.

As a commitment, I will be putting my daily transactions here and also share with everyone how I decide on each trade.  So, do join me here regularly to see my progress and do share your personal experiences with us here as well.