Wealth Education Central

Warren Wong

http://www.whatithinkabout.com is full of unusual and unique ideas that will expand your mind and heighten your awareness.
http://www.wmmediacorp.com
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 Articles by this Author

Four Reasons To Not Be Afraid of Change

As I played some Wii with my coworkers (and lost badly at that tennis game), one of their kids came around the corner. He looked around with large curious eyes, poking at everything. It reminds me of myself as a kid, with everything so new and exciting. Every little thing was a wonder to look at and explore.

In many ways, this is how I've always viewed music.

The Happy Birthday Digg Effect

Two days ago, I had my 24th birthday. Growing up, my parents had never extended me much leeway when it came to my birthday. It was a time when I should reflect over the previous year, and try to set an example for the next year. Over the years, this has kind of sunk in and my birthdays have become more of a non-event that few people even know about.

Common Stock Investing Mistakes

As we go into 2008, let us recap some of the common mistakes we all make and strive to avoid making them in 2008.

1. Trading too often. This largely depends on the size of your asset base. If you only have $10,000 to invest, making about 50 trades a year at $10 a trade is $500, or 5% of your asset base! That is just about one trade a week, but it takes up 5% of your money.
While we all wish we could be Warren Buffet, the truth is that most investors are best served just parking their money in a mutual fund or ETF. What is the difference between these two types of investment options and which one is for you?

Both mutual funds and ETFs allow the investor to achieve diversification. Each invests in a basket of stocks, so the investor generally does not have to worry that one individual stock will radically alter his or her returns.
Sometime around July last year, not long after WM Media was started, I started performing a little experiment. "How long would it take to get a website up to a pagerank of 5?" I wondered. To answer that question, I created a rare and famous stamps website.

Growing up, I had some interest in collecting stamps, so there is some familiarity with this topic.

Keys To Creating A Successful Content Website

The amount of information on the Internet is remarkable. With a simple Google search, you can uncover hundreds of potential websites on just about any subject. Many people are interested in adding to the wealth of information on the Internet by creating their own content websites.

There are several reasons people look into creating content-based websites.
More than eight out of ten people regularly lose money in the stock market. However, there are some who regularly make money consistently at trading. The key to their success is making decisions to buy and sell without being influenced by the stock market fears and greed displayed by the masses.

Fear of losing money in the falling stock market and, therefore, selling their valuable portfolio short, or greedily rushing to buy when a stock is going up is the normal psychology of the masses.

Setting Specific Investing Goals

Successful investment cannot be achieved without setting specific goals. It is the primary aspect of investing. Why do you want to invest? This is the question that every investor should ask himself. Is it to have financial abundance, to educate your children, to retire with financial stability, to get married, to take the dream vacation, to start a new business, or is investing on the stock market a passion! Define your goals well and vividly.

Why You Shouldn't Critize, Condemn, or Complain

"Don't Criticize, Condemn, or Complain" - This is the central piece of advice given in How to Win Friends and Influence People by Dale Carnegie. I remember reading this last year and thinking, 'Sounds like good advice. How hard can that be?' Alas, actually doing this is much harder than it seems.

I take this particular piece of advice to mean that we shouldn't try to change what other people do.

Sell Websites And Make Instant Money

The best and the easiest way to sell website is to approach marketing websites and forums. Lots of websites and forums are coming up nowadays. These unite different buyers and sellers on one single platform. This eventually saves time and money as well. A consistent website business includes regular maintenance of the web page along with the traffic flow, its content, and design.

How To Use eBay - A Website To Sell Things

Are you looking for a website to sell things? If the answer is in affirmative, then you are not alone. A huge number of people across the world are making money through online businesses. There are several online business options. One of them is selling products via websites such as eBay, the largest and the most popular auction website. On this site, you will find several products including websites for sale.

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