Making Money in the Stock Market

One of the avenues to be travelled on the road to riches is the stock market.

Money can do all kinds of things for you once you have it - it can purchases goods, services, or make you more money.
We all know how to spend money in both smart and not-so-smart ways, but we don't all know how to use money effectively to reproduce itself for our use.
If we use money to purchase things, wouldn't it be great if we could get more of it whenever we wanted?

But alas, money does not grow on trees, so we can't just want more money. We have to work at it.

Notice I said work at it, not for it. There is a big difference. We work for money when we are paid an hourly wage. As I've stated before, this is a limiting activity. There are only 24 hours in a day, so we quickly max out the total amount of money we can make if we rely on an hourly wage.

A way to work with money, is by leveraging it in investments.

One great investment is the stock market. If done wisely, then you can easily make a very high return. You can also quickly lose all the money you invested. The difference is in how you manage your money and how/when/where/what stocks you invest in.

I've read quite a few books on the subject, but the most sound and effective ways is by acting like a shark, stalking your prey, attacking viciously, and leaving before anyone can notice you were there.

RevShark has some great advice on this methodology, and I subscribe to his site and regularly post messages on the board there.

I suggest checking out his site and book and tell him Twogunn sent you. With his help I've taken control of my 401K and made it into a healthy stream of income rather than just a pretty stagnant savings account.

Good investing!

Financial Independence

Everybody wants more money right?

Not just for having money, or for just the material things that money can purchase (but what is wrong with a Porsche 911 in the driveway?), but also for all the good it can do.

I already send some of my paycheck to a local charity Miami Missions, but if I had a lot more money, I could help them and a lot of others too.

I have read quite a few good books on how to get wealthier to help me on this mission, Think and Grow Rich, Retire Young, Retire Rich, just to name a few.

It seems to me the only way to make more money, is to have whatever money you

have work for you. Diversification of efforts can be great to move faster and be more flexible.

If you only rely on a job to be your sole source of disposable income, you are definitely limited by an unmovable factor - time. You cannot work for more than 24 hours a day and that limits how much money you can make.

So I've looked at the following options to increase my ability to obtain more income:

• enter the stock market
• purchase real estate / invest in a rental property
• start a company

These are all very daunting tasks, but trust me they are worth it. The returns can be great - if you are smart about how you do each task. I'll post some information about how I did each of these three in the near future.

I'm still looking for some great ideas to start a company, so if you have any, please let me know, maybe we can collaborate on something that will change the world!