Archive for October, 2006

When Is The Right Time To Invest?

The Dow Jones Industrial average reached a new high this month, and broke for the first time the 12,000 mark.  This is a big relief for many people that were invested in stocks and lost a significant amount of money during the bear market that started in the year 2000.  The Dow is not a [...]

What is the Secret of Success?

You must have heard the old cliché that success is 1% inspiration and 99% perspiration.  How about the joke about the guy in New York who wanted directions to Carnegie Hall: “How do you get to Carnegie Hall?” he asked someone on the street, who responded: “Practice, practice, practice!”  This general notion that practice and [...]

What is the Cost of Winning?

Our society today seems to value winning above all things, regardless of the means to achieve the end results.  When we talk about success, it is very important to make a distinction between being successful and winning at all costs.   In this site, we define success as a balanced combination of attributes, and one of [...]

How Physical Fitness Influences Success

The benefits of being fit have been scientifically proven.  Physical fitness enhances your productivity and mental alertness, helps lower your cholesterol level, and reduces stress. Consequently your overall risk of cardiovascular disease is reduced and your overall health is improved.  Fitness improves your quality of life and is a key component of your quest for [...]

Focus on What You do Best

Do you want to know the secret of success?  Well, frankly, there any many factors that impact one’s success.  In addition, the definition of success varies from person to person.  In this site we cover many topics that influence a person’s overall success, including Financial Success, Personal Development, Health and Fitness, Social Responsibility and Spiritual [...]

Using Personal Finance Software for Your Success

You can’t manage what you can’t measure – it’s an old cliché, but it is very applicable to financial management.  If you are to be successful with your personal finances, you must start measuring your spending (see the article “How Much Should you Save?”), the return on your investment, your net worth, etc. The problem [...]

How Much Should You Save?

When it comes to managing our finances, there are some very basic concepts that cannot be changed or ignored, despite of the fact that we may not like them.  One of these is the fact that the only way to accumulate wealth is to spend less than we make.  This is true for everybody.  So, [...]

How to Increase Your Income

If you want to increase your wealth fast, and perhaps become a millionaire, but you have already maximized your savings rate and your risk-adjusted investment return , the only option you may have left is to increase your income (see article “How to Become a Millionaire”).   So how exactly do you increase your income?   This [...]

How to Become a Millionaire

Would you like to have a million dollars?  For some people this quantity may seem unreachable.  However, if you live in a rich country, like the United States, even if you only have an average income, you can reach the goal of becoming a millionaire.  The quantity of one million dollars nowadays is not what [...]