WISDOM OF THE RICH

WISDOM OF THE RICH: Have you ever worndered why the rich gets richer and a handful of ill fated majority dines in the mercy of what tomorrow brings? If you have,believe me it is the begining of wisdom. It is important to note that there is no such thing as luck, when it comes to financial succes.Luck is an ill fated wind that ends up in wants and porverty. Granted wealth those not gauranty happyness, yes it is the root of all evil,with a string.Yet it is an enemy you cant live without.Trust me it is eazier living with money than without it.I lived without money for just thirty days,a miserable life it was.So i began to seek the wisdom of the rich. I realised that,i have to master the skill of handling my resources or risk living in want for the rest of my life.So i began to seek this widom ,master and apply these laws that govern the accumulation of wealth.The reason why the rich gets richer,the poor poorer. WHY THE RICH GETS RICHER. 1}The rich pays themself first. 2} The rich seek investment advice from persons skilled in its management. 3}The rich knows how to make there money labour for them. It is the law of nature:To any who have,even more wil be added to his store of wealth.

THE CONCEPT OF SHARE

Shares,sometimes refered to as stock can be defind as the right of an investor to partake or earn part of a company's profit. The earnings of the investor is determined by the amount contributed with respect to the company's total share. The amount of share holding indicates a percentage ownership of the company's total income or wealth. Lets assume you bought 100 units of shares from a company that issued 100,000 units of ordinary shares, you have %1 share holding in the company. WHY COMPANY'S OFFER SHARES. Company's offer shares to the public to raise fund, especially for expansion. You can make money investing in shares if you know how to manage it as a business HOW YOU GAIN. When share prices increases,your investment will increase in value.You also recieve dividends and bonuses it makes investing in shares profitable.

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FOREX TRADING

WHAT IS FOREX TRADING: FOREX is an acronym for foreign exchange. It is Simply the trading of currencies against the other,currencies of different countries. For example, in Europe the currency in circulation is called the Euro ( EUR) and in the United States the currency in circulation is called the US Dollar ( USD). An example of a forex trade is to buy the Euro while simultaneously selling US Dollar. This is called going? You trade Forex through a broker or market maker. A trader you chooses a currency pair expected to appreciate in value over a period of time then place a trade on the choosen currency. Lets say you purchased 2,000 Euros in the month of may 2011,at $2,400 USD. Then in the month of july Euro’s value vs. the U.S. Dollar’s value increased thato 2,000 Euros is now worth $2,600 U.S. Dollars. If you had chosen to end your trade at that point, you would have made $200 gain. It take little amount of money to place an order.The broker then passes the order along to a partner in the Interbank Market to fill your position. When you close your trade, the broker closes the position on the Interbank Market and credits your account with the loss or gain. This can all happen within few seconds.

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