In every crisis, whether crisis is tech bubble on 2000 or housing bubble on 2008, it seems that middle class people are always victim of every crisis and rich and wealth people either capitalize from every crisis or protect against it. Many hard working middle classes' wealth were evaporated because of those crisis. This notion seems true not only for those financial crisis, but also most of events that taking place in every aspect of our life. Funny thing is that wealthy people are also capitalizing from all other events as well.
If you read the 1st part of the blog, it sounds great. Unlimited income potential with great support structure. Moreover, it is so cheap to get into the network marketing industry. Yet,
More than 95% of people quit without making any money...
As soon as people hear about Network Marketing, have you ever experienced following reaction?
Is this pyramid scheme?
What they don't know is that conventional corporations also look like pyramid scheme... CEO paid the most and VPs get second, directors get third... all the way down to the employees on the bottom...
If you are reading my blog, there are countless discussion about interest rate. Many people simply don't understand what's high interest rate or low interest rate do to our economy, although many understand about interest rate in individual level such as buying a car or houses etc. If person buys the car with high interest rate, then amount he or she has to pay will be greater than those who buy a car with lower interest rate. In order to understand how interest rate affects overall economy, we need to expand little more. In this blog, I will explore each different outcomes of changing interest rate.
Human life is very competitive but people can easily achieve individual success by practicing the four keys to success. I believe these would change life for the better.
Everyone has own interest, belief, patience, happiness and financial choice. We all are trying to do something new in our own life to make it more meaningful to surrounding people. I believe, success is a simple bit of information, an idea at the right time, in the correct circumstance and act to change your life.
Before moving into the motivational discussion, I would like to clarify that success in human life is determined not only by individual’s ability but also and most importantly by his / her own level of motivation. They are a lot of people who expects someone else to come and motivate them to be changed to what they wish to be. The fact is that none would come to the salvation ever in life.
While stock market is climbing up in exponential speed (Dow is now over $16,000), precious metal market was down significantly since beginning of 2013. As of today, price of gold is around $1210 and silver is around $20.
ALL currencies involve some measure of consensual hallucination, but Bitcoin, a virtual monetary system, involves more than most. It is a peer-to-peer currency with no central bank, based on digital tokens with no intrinsic value. Rather than relying on confidence in a central authority, it depends instead on a distributed system of trust, based on a transaction ledger which is cryptographically verified and jointly maintained by the currency’s users.
By AGXIIK from silverdoctors.com
The Chinese Central bank’s fingerprints are all over the gold manipulation story. The Chinese play the gold players like fiddles, rigging the price of gold lower to take in as much as they can. Like Sun Tsu said, If you can win the battle without fighting, that is a good war. They’ve not fired a shot. They’ve used our currency reserves to buy up our gold.
By Mark Gongloff from huffingtonpost.com
I know what you're thinking: Banks already charge customers outrageous fees for the privilege of having bank accounts. But if the Federal Reserve dares to try and help the economy by cutting a special interest rate it pays banks, fees could get even more outrageous, the Financial Times reports (subscription only). Such a move by the Fed would lose banks some easy money, and they could take the difference out of their customers' hides.