the 4 baskets

Knowing how to allocate the money you save is the single most
important decision that will lead to your financial goals.
You should take your monthly savings of 15-20% and allocate it to four
money baskets. These are the security basket, growth basket, high
growth basket and the luxury basket. Let me explain each of these.

1. Security Basket (Target Return of 1.5%-4.5%pa)
This first basket is as the name implies, for your security. The
funds in this basket grow just enough to keep pace with inflation.
However, they are there in case of emergencies. If you suddenly
lose your job, experience a salary cut or suffer a setback in your
business, you know that you will have access to these funds anytime
to see you through.

This basket should include cash, fixed deposits/certificates of
deposits, personal housing, insurance & capital guaranteed funds.

2. Growth Basket 1 (Target Return of 8.51%-20%pa)
This is the basket where you build your net worth & positive cash
flow assets that will lead you to financial fre-edom.
This basket is where you put your money into index funds, Exchange
Traded Funds (ETFs) and mutual funds.

You should also divide your funds between the US market and Asian
markets. Although mentioned earlier that Asian equities have
disadvantages, we cannot deny the huge growth opportunities that
Asia offers (especially India and China).

3. Growth Basket 2 (15%-25%)
This is the basket where you ACCELERATE the building of your net
worth & positive cash flow assets that will lead you to financial
freedom. Once again, you should not have to touch this money for
five to ten years to let the power of compounding work its magic.

This basket is where you put your money into a winning portfolio of
ten to twelve company stocks. And again, you should hold some Asian
stocks as well as US stocks.

4. Luxury Basket (0%)
Your luxury basket is where you save up to indulge in your dream
assets. This is money that you can afford to spend on things that
are fun like:

Upgrading to a dream house, luxury cars, jewelry, boats and other
luxuries. Again remember from the chapter on 'How the rich manage
their cash flow' that the money to be used for luxuries should not
come from your primary source of income, but from the passive
income generated from your positive cash flow assets.

To Your Success,

http://theinnozablog.blogspot.com 

THE VISION BEGINS ...

When the obstacles of Time
and Money Disappear ...

What are FIVE Things YOU Would :

DO ...

HAVE...

OR BECOME?

Click below And Take Real Action Now ...
http://soongseechooonwater.blogspot.sg/2012/11/you-just-want-to-take-action-just-do-it.html

Healthy wealth counter on 5/1/2012, at 12:28 AM was 18616962

Healthy wealth counter on 5/1/2012, at 12:28 AM was 18616962;
on 13/03/2012, at 8:59pmPM was  19837562

Sell and Grow Richer

To be honest, when I first started, I felt uncomfortable with selling too. I felt uneasy asking people to give me money (which is what selling is all about). I had the wrong perception that the person who sells gains at the expense of the person buying.
Then, I realized that if you provide a product or a service that truly adds value to people’s lives, then it is a win win situation. You are helping that person solve a problem, meet a need or achieve a desire/goal. At the same time, you get rewarded for the value you have created for that person. So, go forth and create value to the whole world… and become rich in the process

a Fight ....Outcomes....

Thus, the fight over gold and silver as media of exchange is about more than mere money, let alone making money. For it is a fight with only two possible outcomes: either control of their own lives by the people themselves, or control of the people and their lives by political and economic elitists. - Dr. Edwin Vieira

Are you really happiness? Or just be happy you....

I was intrigued by this line in the acknowledgements: “..in helping to divine the secret to achieving the 5th (highest) level of performance.”
Success has always fascinated me – how each of us defines it, how those that have achieved it did so, how those that teach it do so..  In fact, I’ve dedicated most of my life to studying it.
What becomes really clear after studying it for many years, is that success is defined differently by everyone. So when Jay Niblick wrote what he did – it caught my attention.
His book is amazing, and to save the suspense, yes he has divined the secret to top level performance, or in simple terms, true success. Can I present it within a few paragraphs? Well, I’ll try!
We all define success differently, but most people agree that true success is more like fulfilment and happiness. And what makes us happy and fulfilled is different for everyone.
What brings us the experience of happiness and fulfilment, is the combination of two things:

1. We first need to know what makes us happy – we need a clear understanding of what happiness and fulfilment looks like for us.
2. We then need to be succeeding in fulfilling that definition, achieving those goals.

What does that mean in practical terms?
Well, point 1 – we need to know what makes us happy. This really comes from self-awareness. Self awareness is not simply being aware of ourself, it is being aware of who we really, and perhaps more importantly – who we are not. And in the three main areas:

1. Behavioural and communication. How we naturally like to interact and communicate – and how we don’t. This relates to being aware of the type of environment we flourish in, and what environment stresses us.
2. Drivers and motivators. What we value, what our passion is. What motivates and drives us, and what de-motivates and drains us.
3. Our talents and strengths. What comes naturally and easily to us – is effortless, and what we have to work hard at, takes energy and effort.

When we create a rich picture of those three areas; the how (1), the why (2) and the what (3); where they all overlap – this is the place of happiness and fulfilment. This is where success comes from for us.
And point 2 – we need to be succeeding in reaching that place. This comes from being authentic to what we discovered in point 1 – making sure that we remain true to ourselves and what we enjoy the most, what we are best at doing, and where/how we like to do it.
When point 1 and point 2 overlap – we are in our element, and we typically perform at much higher levels – genius levels when we really unleash our true potential.
Jay’s book “What’s Your Genius” takes you through this whole program. It’s a book that in the right hands, can be life-changing.
Here’s to you finding and working your own genius.
Paul.

a brief Art of the Start with Social Media and WordPress:

The Art of The Start manifesto by Guy Kawasaki is one of my all time favourites. Guy is a genius.
I get asked quite often about getting started with WordPress and Social Media. Seems like we can combine the two for an interesting twist..
So with acknowledgements to Guy, and a Social Media twist, here’s a brief Art of the Start with Social Media and WordPress:
1. MAKE MEANING:
Guy states that “The best reason to start an organization is to make meaning – to create a product or service that makes the world a better place. So your first task is to decide how you can make meaning.”
When looking at using social media marketing, ask ‘what is it that you’re marketing?’. The answer should be something around creating value – value is meaning. For maximum effect, the value has to be rooted in the lofty goal of contribution to something bigger than yourself, but which you are a part of. This is the purpose of your endeavour, the big ‘Why‘.
2. MAKE MANTRA:
Guy states that “Forget mission statements; they’re long, boring, and irrelevant. No one can ever remember them—much less implement them. Instead, take your meaning and make a mantra out of it. This will set your entire team on the right course.”
What we’re talking about here is articulating your passion, rather than a lofty ideal. This is the vision. What does it look and feel like when you’re putting answer 1 into action – the essence of the ‘state’ you are in. Who are you being in that state? How can you distil the essence of that into a mantra?
3. GET GOING:
From Guy: “Start creating and delivering your product or service. Think soldering irons, compilers, hammers, saws, and AutoCAD – whatever tools you use to build products and services. Don’t focus on pitching, writing, and planning.”
This reminds me also of Seth Godin’s quote “Great Artists Ship”. Execution is king. But don’t make the mistake of putting execution first. Execution without an objective is unfocussed activity, not productive activity. The objective is to build answer 2, because of answer 1.
Social Marketing though raises an exception to Guy’s note of not focussing on writing. Actually we should focus on writing – because writing is creating the content. However, make sure that the writing is your channel of expression, for bringing answer 2 to life, and not just an activity to distract you or occupy you. Get writing, get interacting, get making videos, get visible.
4. DEFINE YOUR BUSINESS MODEL:
Guy says: “No matter what kind of organization you’re starting, you have to figure out a way to make money. The greatest idea, technology, product, or service is short-lived without a sustainable business model.”
This is the natural expression of creating value. Whatever you answer to question 1 was, the way you create it in answer 2, has to create value for your market, your team, the people who will pay you money for what you provide. And when it is aligned with your passion, providing value to other swill also in itself be of value to you.
This is where you experience meaning. This is where you take your ideal, and turn it into somethign practical. Think benefits, think value to you clients and customers – put yourself in their shoes and ask “what is my biggest need, my greatest desire”. Ask them, they will tell you. Respond to that need with a value offering, which is also inlien with what you love to do, and are naturally good at.
5. WEAVE A MAT (MILESTONES, ASSUMPTIONS, AND TASKS):
Guy’s words: “The final step is to compile three lists: (a) major milestones you need to meet; (b) assumptions that are built into your business model; and (c) tasks you need to accomplish to create an organization. This will enforce discipline and keep your organization on track when all hell breaks loose – and all hell will break loose.”
Here we thrash out the specific goals that will keep us on track, keep us focussed in times of turmoil and distraction. Discipline is important, but passion will win out over discipline every time. Aligning your activities and goals to your passion, in a way which creates exceptional value for your clients, and doing this within a clearly defined framework of objectives, will do the trick.

Five Practical Steps for Social Media Marketing with WordPress

1. Setup a WordPress Site. I recommend hosting with MediaTemple. Why? Because after 15 years in the website game, they are the best I have experienced. By Far.
2. Setup your social profiles. A good start are Twitter, Facebook, LinkedIn, YouTube and Google Plus. Then integrate these into your WordPress setup [separate post].
3. After completing the 5 steps above, you know what to write, why you’re writing it, and who you’re writing it for. Get writing, video interviewing, guest posting, and responding. Keep in the back of your mind that you are looking to establish authority (in your chosen field), credibility (with your clients, followers and audience), and trust.
4. Monitor your progress, and the effect you have. Register with http://crowdbooster.com/ and track.
5. As soon as you can, establish a content strategy – which has visibility and regularity at it’s core. The frequency doesn’t matter as much as the regularity.

Other things which can support this, are tools such as Google Alerts. You automatically receive alerts when someone mentions your speciality subject – giving you the chance to respond and contribute.
There are many more steps of course, but these will put you in the less than 10% of people who do the right things and make a difference.
To your Social Media Marketing Success,
Paul.

silverlining to safeguard your wealth value....

http://www.wealthbuildingcourse.com/silver-report-send