Who Moved My Chi?

SmartKnowledgeU.com has posted an solid article for those of you interested in finances. In these uncertain economic times, many more people find this sort of information vital. I'm sure you will, too!

 

"101 Reasons Why Managing Your Own Money is the Only Way to Build Wealth"

 

Ever notice that, especially working from a desk, daily stress can build up on you?  Happens to everyone.  So, what can you do about it?

Stop
That's the first thing. Really. Just stop. Stop whatever it is you're doing, even if it's urgent (but, not life-threatening). Just stop doing anything for a few moments.
Most of the time, because we feel this urgency to get something done, we stress so much about whatever we're doing that we actually lose focus of the very thing that requires "so much" focus! Sounds silly, huh? Think about it: you're pounding away at your keyboard as a programming engineer. You're in the middle of a piece of majour coding when you think too far ahead of yourself because you're worried about incorporating a specific feature that your project manager has insisted be in the final work. Whoops! You accidentally inserted an escape character and, unknowingly, you have just ruined every shred of code you have populated the work with in the past three hours.
Painful. I know.

You are a beautiful treasure -- loved a lot more than you know.  More special than you can imagine.

 

What am I talking about?  Well, the simple fact that this website isn't spattered with Google AdSense; none of my links, whether in an article or in the Links section, are affiliate links that could be earning me money per click; and I'm not selling ad space anywhere on this site (yet).

 

Well, maybe I am.  Stupid, that is...

Folks are losing their identity all the time, and I'm not just referring to the amalgam/melting pot effect -- I'm talking about ID theft.  I've just subscribed to, and I recommend you do, too, the LifeLock services offered at LifeLock.com!

Let’s take BHP Billiton, the world’s largest, diversified mining company, to illustrate the point of this blog entry. For the past couple of months, when BHP Billiton was trading below $40 a share, and it stayed below $40 a share for a long time, I told several friends that were looking for something to buy that BHP under $40 a share was a good buy. For two months, they could have bought BHP between $37 and $40 a share, but yet I doubt that any of them did. Why? I know the mindset of most investors. Most investors want to see large increases in price before buying into a stock instead of buying it when it is beaten down in price. From a psychological standpoint, when they see a stock leap up 15% to 20% in price, they think they can hop on board and continue riding the wave higher. Sometimes this works, but the majority of times it does not...