Thursday, June 6, 2013

10 Tips for Playing Roulette and Winning a Fortune


10 Roulette Tips And How To Make A Fortune By Not Losing or... How To Win At Roulette

Here are a few time tested strategies you can apply and help you to not lose  money...


Roulette Tip 1#

Always play a Roulette that is free and always bet on the outside tables' one.

Roulette Tip 2#

Always bet on outside chances whether Red/Black, Odd/Even, High/Low, Columns or Dozens. The returns are marginal here but they will help you in winning the game.

Roulette Tip 3#

Roulette
Always keep checking the previous rounds or sessions of the Roulette as they will help any player in making predictions for their rounds. For instance, if a series of 10 red figures were to be spun in, the player will prefer betting on the red ones. This Roulette Tip is the most important factor or tip of many Roulette Systems and is usually used by many players who win consistently.

Roulette Tip 4#

This is important. Practice makes a man perfect. Start with a free table to get hold of the game, clear your doubts and then when you are confident enough, start placing your bets on a table where you play to win.

Roulette Tip 5#

Reserve whatever you win. Example: You start with the amount of $50. After a couple of hours of playing you have a total sum of $100 which is equal to the profit of $50. Withdraw the amount or sum you won into your bank account. You cannot lose the game, you can only draw even. This is the most important Roulette strategy for any casino player. Always keep the money you win and play with your original amount put at stake. If you lose your stake within a short span of time, control your temptation to make more deposits in the future. Here comes the most important Roulette Tip for any player…always bet an amount you think you ca afford to lose.

Roulette Tip 6#

Always start with checking your table before playing. You need to concentrate. To consistently win huge sums of money, you must keep in mind that you are not competing with the casino. Focus only on earning profits.

Roulette Tip 7#

Always look for this rule before playing. Play only the European Roulette Table and never the American Roulette Table. The double 00 on the American Table increases the casino's profit margins and your chances of losing too at a faster pace.

Roulette Tip 8#

If you are playing online, you have to be doubly careful .always play with reputed casinos which publish their payout percentages. Always play with a casino with a Random Number Generator.

Roulette Tip 9#

This is only for the traditional casinos. Before starting your turn spin the wheel several times to check for biases if any. It is quite possible that a particular wheel generates more of odd numbers than even or vice versa.

Roulette Tip 10#

Always keep a printed version of these Roulette tips. Keep them while playing the game as they can be of great help to you while playing and winning a huge sum of money. Better still, if you do not want to lose, do not play.


www.happyriches.com

Sunday, June 2, 2013

10 Reasons Why You Should Consider Becoming A Day Trader......But Before You Become A Day Trader It Pays To Practice First.




The following is courtesy of tradingslim.com.


Remember when you were a kid and you would get your favorite video game?  You couldn’t wait to get the game home so you could rip open the package and start playing.  The instruction manual might as well have been part of the plastic wrapper which you discarded in a matter of seconds after opening.  Well take those memories and hold onto them dearly, because you can’t take the same approach with day trading.  Day trading will be one of, if not the hardest thing you will undertake in your life.  So, having to practice should not come as a surprise.  Below I am going to cover the 10 reasons you should practice day trading.


1# Day Trading is Super Fast
Talk about dummying it down first thing in the post, but day trading is really fast.  I have done it all from swing trading, long-term investing, and day trading and by far day trading requires a unique skill set.  If you think about the game of chess, what is one of the ways you can increase the difficulty level of chess?  Place a timer on how long you have to make a move.  This is where the real skill comes out because intuition, experience and repetition all kick in.  Well, the market is no different.  If I have days to analyze a position I can draft up a nice trading plan with notes to myself.  When you are day trading you may only have a few minutes down to a few seconds to make a decision.  So, do you think chess players start out playing with a 1 minute timer, of course not.  So, neither should you just run out into the market with your hard earned money looking to place a few harmless day trades.  Take time to practice day trading in order to build up the skills required to enter the arena.


#2 Practice Day Trading in Unison with the Market
The market is an actual living entity.   While she has a track record of certain price movements each day is unique.  You will have to see how you react to her when the tape is streaming and the stocks are in motion.  It’s one thing to just look at old charts, but you need to get in the habit of feeling the market.  A large part of day trading is intuition.  This is the part of your trading toolkit that you can’t quantify and is unique to you and your trading style.  So, while it’s important to research your charts, you need to practice trading in a true market environment.  This will allow you to learn how stocks react when the broader market makes sharp moves in either direction.

#3 Learn to Manage your Money
One thing I use to say is I can’t practice day trading in a simulator because it’s not real money.  To some degree this is true.  But let me ask you this, as a kid did you have fire drills at your school even though there wasn’t a real fire?  You may have joked with your friends during the drill and even walked a little slower knowing there wasn’t any real danger around the corner.  But if a fire really broke out, did you know where to go?  Did you know what pace you should walk in order to exit the building?  Did your teachers know how long it should take them to get all of the kids outside?  Did the fireman have an expectation of where to be within a certain period of time?

Well, this is what you need to learn for how to manage your money.  You need to get in the habit of calculating profit and loss all in your head.  You need to learn how to effectively day trade with margin.  You need to quickly assess your risk reward ratios and only execute the best opportunities, because you may have five to choose from at once.  Now you can read all of this and say, well it’s still not real money so I won’t take it seriously, and you know what, you reserve the right to make that decision as an adult.  But for me personally I always want to know what to do in the event a fire breaks out.

#4 Discover How to Handle Winning and Losing Trades
Trading is great when you are making money.  In my retirement account I am currently down 5% on ULTA and I don’t like being down more than 2% on any trade, even in my long-term account.  I had placed 7 winning trades in a row prior to this trade and on some level started to slip into the “I’m so great zone”.  The beauty of being in this losing position is that it has quickly humbled me in a matter of days.  The key thing that I know and you will learn to develop over time is that you have to forget your losers and winners the minute you close your position.  Carrying your personal baggage to the next trade will only hurt you as there are new market participants in every stock.  So, practice trading allows you to get into a rhythm.  When I say rhythm, I mean the cycle of putting on trades.  Some you win, some you lose, but you have to learn to approach each trade with a positive mindset and sound trading principles.  This is another one of those skill sets that just comes from sheer repetition.  It takes you placing a horrible trade only to follow-up with 15 straight winners to realize that one bad trade does not require you to start psychoanalyzing your childhood.

#5 You Need Your 10,000 Hours of Practice
I know, I know, fans of the Tradingsim blog hear me preach this practically every post, so I will keep it short.  Studies have shown you need to practice something for 10,000 hours before you become an expert.  Think about in your personal jobs or careers.  If you are an executive, when looking for a job employers require 10 to 15 years of experience.  If you do the simple math an annual full-time equivalent is ~2,00o hours. So, if you really think about it, employers are saying you should have between 20,000 and 30,000 hours of experience before they will let you run a department.  Well guess what folks; same thing applies to day trading.  Practicing off hours will allow you to exponentially ramp up the time it takes to hit that 10,000 hour expert level.

#6 Helps You Realize All Charts don’t Go to the Moon
Early on in my career I would scan the market for specific setups that had huge gains.  I would identify a particular pattern with the same indicators to find that sweet spot.  Once I had my configuration set up, historically these winning charts appeared to be everywhere.  Problem was when I tried to do this in real-time things didn’t work out as planned.  Active trading nowadays is done with computers and the level of games going on in terms of false breakouts is insane.  What practicing to day trade taught me is that it is more important to book profits from the singles versus always swinging for the fences.  These fly me to the moon setups will only play out 10% to 20% of the time, so stop expecting it to happen every time you put on a trade. Focus on getting in a rhythm of just making money and when the big boy trade comes you’ll know it.

#7 Learn Your Own Day Trading Style
I personally believe as adults we are responsible for our own decisions in life.  Don’t blame your parents or some event that happened to you in third grade about why you do certain things in your life.  I’m not trying to discount the impact of life experiences but what I am saying is we have a choice of how long we let them have an influence on how we live our lives.  Well for day trading, I think for most it’s easier to not “own” your trading strategy and to leave that up to the “expert”.  Most people will come in and struggle putting together a system – analysis paralysis at its best.  So, you go into Google, do a couple of searches and voila there is your friendly “day trading expert” willing to sell you the magical keys to promise land.  I’m not judging you; I have spent thousands over the years on other peoples’ courses hoping to find myself.  What I came to realize is that these courses are other peoples’ rules. Trading requires you to figure out what works for you.  Guess what folks, it is work.  It’s going to literally take you thousands of hours tweaking and re-tweaking to figure out what matches your trading DNA.  The reason I elected to go my own way, was when these systems started to fail, who did I start to blame?  You guessed right, the man behind the curtain that sold me this wonderful course.  I was literally transferring responsibility of my trading career and the welfare of my family to another person.   Stop this vicious cycle today. When these courses are making you money, everything is great, but because you don’t really understand all the rules, when things go south you will lose your confidence.  Please do me a favor and skip all of this pain.  I’m not saying you can’t glean key principles from other day traders, but you need to define your methodology for yourself.  Only you can do that, so when things go wrong, you don’t blame Mommy or Daddy, you just look in the mirror.

#8 You Need More Reps
If you have ever tried out for a sports team the practices are only for a set period of time each day.  Therefore you only have a limited window to show your coach you have what it takes to make the team.  Since I only trade breakouts in the morning, I have a maximum of 2 to 4 trades I can place on any given day.  It would take me a little over 2 months to have 100 trades to analyze.  One of my challenges early on was trying to figure out how well I was doing relative to myself on a daily basis.  By practicing day trading I could go through 30 trades in one day.  This allowed me to quickly create a trade history that would have taken too long if I tried to do it only during market hours.  It had a significant impact on my ability to quickly modify my trading strategy based on my own performance and ultimately led to me making more money.

#9 Prove to Yourself You can be a Day Trader
Researching the market is nothing more than Monday quarterbacking.  You start to tell yourself, I would have been in that trade and I would have made this amount of money.  But it’s you looking back at old charts at things that have already played out; however, there is enormous value proving to yourself in a market simulation environment with real tick data that you have what it takes to make money.  At the end of the day you have to believe that regardless of your background, education, or age, you can do this.   If you practice day trading long enough you will reach that point where you will be able to say to yourself I am a professional day trader. Far too many of us enter the arena with enough hope to fill up the world, only to be annihilated by more skilled hands.  Work on just showing yourself you can actually day trade, and then notice how that will boost your confidence when it’s time to fight with the big boys.

#10 See How Much You can Expect to Make Day Trading
I just wrote an article on day trading salary and how much someone can expect to make in the market.  While I did a great job of explaining how you can go about estimating your annual income, the only way you will find out for sure is to trade.  What better way to see for yourself than going to a simulator and starting your account balance with the cash you have on hand.  Depending on your system and how much free time you have, take a few weeks or months to trade an entire calendar year.  At the end of the year after you factor in commissions and living expenses, how much money do you have left over?  By practicing to trade you can start to answer some of these nebulous aspects of day trading.

www.happyriches.com

Friday, May 24, 2013

10 Myths About The Rip Off Report You Might Need To Know


Top 10 Myths About 

THE RIP OFF REPORT

LEARN THE TRUTH

by getting to the heart of the matter

Top 10 Myths About Ed Magedson &The Ripoff Report


10.        Myth—Ed Magedson is a “fugitive” wanted by the FBI.
Truth—oh, please!  This one has been around for so long it’s doubtful anyone really believes it, but for the record: FALSE!  Ed Magedson is not a fugitive.  This is just another bogus story used to try to discredit Ed which makes no sense given that Ed’s “credibility” isn’t relevant – he’s not the person who writes the reports posted on the Ripoff Report, so what difference does his credibility make?
Has Ed ever been wanted by the FBI or other law enforcement agency?  NO!  But don’t just take our word for it – if you find someone spreading this lie, just ask them to provide backup for this claim.

9.         Myth—Ripoff Report is being investigated by law enforcement.
Sorry, this is 100% false.  
Again, this lie has been around for more than half a decade – since at least 2004.  If law enforcement was really investigating the Ripoff Report, don’t you think that they’d have completed their investigation by now?  And if Ripoff Report or Ed Magedson were really breaking the law, don’t you think the police would have stepped in by now?
In reality, as part of his mission to protect consumers and prevent corporate wrongdoing, Ed Magedson works closely with many branches of law enforcement including local police, federal agencies, and federal and state attorneys general.  In all his years working with law enforcement, no one has mentioned to Ed anything about the Ripoff Report being investigated, so we’re confident this is another hoax.

 8.         Myth—Ed Magedson creates fake reports.
Truth—no way!  While Ed’s critics wish this was true, it’s not.  This is just another smear campaign trying to discredit the Ripoff Report by spreading lies about Ed.  It’s honestly very sad.
Really, since the sole mission of Ripoff Report is to help protect consumers, why would Ed create fake reports about someone?  How would that be consistent with his goals?  It wouldn’t.
But don’t take Ed’s word for it.  Instead, consider this—under the Communications Decency Act, Ed and the Ripoff Report are protected from liability so long as they did not create the material at issue.  On the other hand, if Ed creates statements that are false and harmful, his are 100% liable.
Over the years, dozens of lawsuits have been filed against the Ripoff Report, and each one really boils down to a simple question—who created the statements involved?  If a user did, then Ed is not liable.  If Ed did, he would liable and would have to pay any damages caused.
Now, in all of these cases and with millions of dollars in legal fees spent attacking Ed and the Ripoff Report and trying to prove Ed has written defamatory statements, do you know how many have succeeded?  NONE.  Why not? Because Ed does not create reports, nor do he materially alter reports posted by our users (full disclosure—minor, non-material edits which do not change the meaning of a report are permitted and may occur on a limited basis).  Ed knows better than anyone that he would lose his legal protection if he created reports, so he doesn’t do it.
Oh, here’s another point to consider – there are currently almost 700,000 unique reports on the Ripoff Report, and many millions of comments/rebuttals/responses.   Even though critics of the Ripoff Report would like you to believe that all of the posts (or even a few of them) were created by Ed Magedson, we have news for you — Ripoff Report logs the contact information for the author of every single post on our site, including name, IP address, email address, etc., and the site keeps that information forever.
Think about that for a minute.  If Ed’s critics were correct and if Ripoff Report really creates all the posts on the site, that means Ed would have to fabricate not just the details of all the stories on our site which relate to tens of thousands of companies across the country, he would also have to fake the underlying contact information for the millions of posts on our site, including fake IPs and email addresses. 
Sorry folks, but that’s just IMPOSSIBLE.

7.         Myth—Ripoff Report pays Google to get higher ranking.
False!  This myth is based on the fact that Ripoff Report postings often appear in the first few pages of Google’s search results.  Because Ripoff Report ranks so high, people assume Ed must be cheating or paying Google for the privilege.  Not true!
Once again, please don’t forget to consider the facts—Google is a massive, multi-billion dollar business.  The Ripoff Report is relatively small and even if Ed wanted to bribe Google for favoritism, it’s not likely that he could afford to do so.  Also, many, many lawsuits have been filed against us over the years, and each time the plaintiff’s lawyers have had the option of sending a subpoena to Google asking for any records of payments received from Ripoff Report.  Has this ever produced a shred of proof that Ed pays Google for better results?  NO!

6.         Myth—Ripoff Report violates Google’s Terms of Service.
Not true!  This is yet another bogus claim made by self-appointed but largely clueless ‘experts’ who don’t like Ripoff Report…and why would that be?  The most obvious reason—they have been featured in reports on the Ripoff Report site!
In case you’re not an SEO guru, here’s the deal—some people think that Ripoff Report deliberately “stuffs” the titles of each report with “keywords” by copying names in the title and repeating them extra times in order to ‘trick’ Google into thinking that the page is more relevant than it would otherwise be.  In other words, if someone writes a report complaining about “Fox News” and they only use the name once, critics accuse Ed of looking at the title and copying the name numerous times so it says “Fox News Fox New Fox News”, as if this would make Google rank the page higher!
Seriously now, this is just nonsense circulated by ignorant people who are trying to sound knowledgeable and impressive.  Here are the facts:
Fact #1—Ed and the Ripoff Report staff DO NOT create titles to reports!  Whatever is there is whatever the user typed when they wrote their report.  Don’t believe it?  Try this—create a draft report and you will see that every single word in the title comes from the author, not from Ripoff Report.
Fact #2—There’s no evidence that repeating a keyword makes a page rank higher in Google.  Honestly, do they really think Google is that stupid?  If this claim was true, don’t you think that every page on http://www.starbucks.com/would contain the word ‘coffee’ about 1 million times so they could rank higher than http://www.peets.com/?

5.         Myth—ED & Ripoff Report has been sued and lost.
Truth—well, Ed and Ripoff Report certainly have been sued many times, so that part is true.  Most cases were thrown out of court by the judge and some cases were settled when the plaintiff agreed to drop their claims (Ed has NEVER paid a dime to settle a case).
However, for the record: Ed and Ripoff Report have NEVER lost a case…with one exception.
The only exception was in 2003 when a lawsuit was filed in the “High Court of Justice, Federation of Saint Christopher and Nevis”.  Where the heck is that?  It’s a tiny island nation (about 4 miles wide) off the coast of South America!  A default judgment was entered but the case was eventually resolved without any money being paid.

4.         Myth—Ripoff Report has class action lawsuits pending against it.
100% FALSE! 
While people have suggested that a group may want to band together and bring a class action lawsuit against Ripoff Report, this has never happened and it’s not likely to ever happen.  Why?  Well, putting aside the fact that the Ripoff Report is generally immune from liability for user-generated reports, the requirements for class action cases are extremely strict.  Most importantly, class actions can only be maintained where the plaintiffs in the class have injuries which are caused by nearly identical events (i.e., workers in an asbestos factory who all get sick from breathing the same air).  Because every report on the Ripoff Report is factually distinct and specific, it is not really possible for one plaintiff to say they were harmed by a report about someone else.  Also, because the issue of truth always plays a role in defamation cases, claims arising from online postings are always highly fact-specific and inherently inappropriate for class action status.

3.         Myth—SEO services can “remove” reports.
Sorry, this is 100% false.  These are phony promises from fly-by-night companies who claim they can remove reports in exchange for a fee.  This may sound like a huge temptation to anyone seeking to mitigate the effect of a negative posting, but this is just a scam to get your hard-earned money.
Here’s the reality: unless someone illegally hacks into the Ripoff Report’s servers (which would be a federal crime), no third party has the ability to change or remove anything from the site.  Really, what these companies are selling is a service called “SEO” or “search engine optimization” which is a euphemism for spamming the web with junk pages in your name in an effort to hide negative information.  If this works at all, it won’t result in a report being removed…it just means that a report may temporarily drop down to the second or third page of Google’s results.  This is just a temporary Band-Aid that won’t make the problem go away.  The report is still visible and it will still be seen by anyone who looks beyond the first page of results.  Also, by hiding reports, you’re really cheating yourself out of the opportunity to show customers how much you care about them.  As we always say — customers LOVE to do business with a company that’s not afraid to show how it has resolved past complaints!
If you feel that using an SEO service is the best option for you, that’s your prerogative.  However, we have heard LOTS and LOTS of horror stories about people being cheated by false promises from SEO companies that can’t deliver the results they advertise, so we strongly caution you about dealing with any SEO company.  In fact, we’re even aware of one particular SEO company threatening its own customers — if they refused to pay, the SEO company ITSELF would create and post NEW reports about the victim!  Talk about a scam!
If you are still thinking of hiring a SEO company despite these warnings, you should be sure to get everything in writing and make sure you do NOT agree to pay anything up front.  Also, make sure to do your homework by reading reports posted by other consumers who have tried SEO services.  CLICK HERE to read Ripoff Reports about SEO companies.

2.         Myth—Ed Magedson is an “internet extortionist”.
Here’s the truth—Ed Magedson is a consumer advocate who fights for the rights of consumers every day.  As part of that fight, Ed created the Ripoff Report to help balance the scales by giving more power to consumers who were previously helpless against huge companies with lots of money.
Because of the awesome power of free speech and the Internet, companies who previously ignored consumers complaints have found that the saying “buyer beware” no longer applies.  Instead, it’s “seller beware”…because if you are a seller and you rip off your customers, they will not remain silent; they will let others know to stay away from any company who doesn’t treats its customers well.
Bad companies often blame Ed Magedson for this newly created consumer power, and they claim he’s “extorting” them by creating the Corporate Advocacy Program which is a paid service in which Ripoff Report helps companies deal with unhappy customers (sorry, it does NOT include removing reports).  Every detail of the CAP program is explained on the site here, so you can read all about it and once you do, we’re sure you will understand how the program helps, not hurts, anyone who becomes a member.
However, consider this – imagine that Ripoff Report no longer offered the Corporate Advocacy Program.   Would that really make things better?  Good companies who needed help resolving complaints wouldn’t be able to receive any assistance from the Ripoff Report, and consumers trying to get complaints resolved would have no one on their side.   Everyone would lose. 

1.         Myth—Ripoff Report removes reports for money.
This is easily the most offensive and therefore the most popular lie out there. 
Sorry guys, it’s just a lie.
Here’s the truth—Ed has NEVER and will NEVER remove reports for money.  PERIOD.  Don’t believe it?  Try this — pick a report, offer Ed a boatload of cash to remove it and see how far you get.  It won’t happen! 
Of course, you may also try asking people who make this type of claim what proof they have to support it…surely, if Ed removed reports for cash there must be someone who can come forward with proof this actually happened, right?  Perhaps there isn’t any proof because it just isn’t true.
You have to wonder – why do people spread this fake allegation if there’s no truth to it?  The reason is pretty obvious – people who have been criticized on Ripoff Report by true reports can’t fight back any other way, so they try to discredit the site by claiming that it is only there to make money by publishing and then removing fake complaints.  By making this outrageous claim, they think they will make people doubt the accuracy of anything on the Ripoff Report. Don’t be fooled by these lies!



Saturday, May 18, 2013

10 Traits Required To Be In The Top Ten Per Cent


AskMen takes a look at what it takes to be in the top 10 per cent.
This answer, by Robert Scoble, originally appeared on Quora. We think it's worthwhile reading, so we're sharing it here.

I've interviewed thousands of CEOs and [here are] some things that stand out to me:

1. Good At Hiring And Firing
Whenever you find a really great CEO you find someone who has a knack for hiring. That means selling other people on your dream or your business. Especially when it doesn't seem all that important or seems very risky. I used to work for a CEO who was awesome at hiring, but couldn't fire anyone. Doomed the business. Many of the best CEOs get others to follow no matter what.

2. Builds A Culture, Not Just A Company
The best CEOs, like Tony Hsieh at Zappos, build a culture that gives everyone a mission. They stand out in a sea of boring companies.

3. Listens And Acts
Many CEOs want to tell you what they are doing, but the best ones listen to feedback, and, even, do something with that feedback. My favourites even give credit back. Mike McCue, CEO of Flipboard, tells audiences that I was responsible for a couple of key features.

4. Is Resilient
Airbnb took 1,000 days for its business to start working. Imagine if they gave up on day 999? The best CEOs find a way to dig in and keep going even when it seems everything is going against them.

5. Has Vision
Let's be honest. There are a lot of nice CEOs but if you don't have the ability to build a product that matters to people, then no one will remember your name. Can you see a way to make billions with wearable computers? I guarantee some can and they are the CEOs who will bring me interesting new products.

6. Stays Focused
A friend who worked for Steve Jobs told me that what really made him different is that Jobs wouldn't let teams move off their tasks until they really finished them.

7. Speaks Clearly
A great CEO is clear, crisp, concise. Quotable. So many people just aren't good at telling a story in a way that's easy to remember. The best are awesome at this. Since it's the CEO's job to tell the company's story, it's extremely important that this person be able to clearly tell a story about the company and the product.

8. Is A Customer Advocate
The best CEOs understand deeply what customers want and when they are making anti-customer choices.

9. Good At Convincing Other People
CEOs have to deal with conflicting interest groups. Customers often want something investors don't. So, a good CEO is really great at convincing other people to get on board, even at changing people's opinions.

Extra credit if you are:

- Nice: Yeah, Steve Jobs wasn't always nice. But he was an exception in many ways. People remember assholes and try to avoid them. That's not something that's easy to work around.

- A builder: Yeah, you can be a CEO if you aren't a builder, but you are swimming up stream. It's one reason I haven't run my own business. The CEOs that seem to work the best are ones who could write some code, or build a new design using a 3D-printer.

Integrity:  The best CEOs are survivors and it's really hard to survive if you have dirt in your closet or treat people differently behind closed doors than you do in public.


Read more: http://www.news.com.au/business/worklife/askmen-maps-out-the-9-qualities-most-successful-ceos-share/story-e6frfm9r-1226616171490#ixzz2S06DBBrq




Monday, May 13, 2013

10 Laws Of Success That Have Been Forgotten....Now The Secret Is Out.


The 10 Forgotten Laws form part of "The Secret" of Success that everybody is looking for according to Bob Proctor and Mary Morissey.

The Secret was a movie that provided many with dreams of wishes come true, but proved to be a mirage of empty promises instead.

The idea that what ever you imagine can materialize in the physical realm is a magnetic attraction to all who long to see their desires fulfilled.

When people are introduced to the law of attraction like bears to the honey they head to the mirror to affirm the desires of their hearts. Mere wishful thinking and repeating personal affirmations to oneself in the mirror is a fatal attraction indeed. It is  more like self-adoration than a successful venture into learning how to become a personal magnet for being healthy, wealthy and wise. What begins as wishful thinking turns into infatuation and finally folds in frustration as the practioner begins to feel like a fool speaking words into the relfection in the mirror on the wall.

The Ten Forgotten Laws form part of a program that is promoted as the greatest secret of the universe.

The Law of Thinking
The Law of Supply
The Law of Attraction
The Law of Receiving
The Law of Increase
The Law of Compensation
The Law of Non Resistance
The Law of Forgiveness
The Law of Sacrifice
The Law of Obedience

Some say there are twelve laws that we need to know. These include the law of success and the law of karma. Yet another will tell you that the law of gravity works best.

The truth is the strength of the magnetic force within you will attract everything that is unable to resist the essence of your inner being.

P.S. I heard Bob Proctor say that he asked his mentor Earl Nightingale "What is the secret?"
And Earl Nightingale replied, "There is no secret!"

www.happyriches.com

Wednesday, May 8, 2013

10 Highest Paid Executives....And How They Got To Be Earning Fortunes


Top 10 Highest Paid Executives 

by  on JULY 25, 2012
In 2011, the average compensation of S&P 500 executives was $13,375,474, 393 times the average pay of U.S. workers, which was $34,053 for 2011.
Nerd Wallet’s new Executive Pay Transparency Tool reveals the compensation of the highest paid executive at 500 of America’s largest companies.
Below is a list, compiled from the tool, of the top paid American executives and how they found themselves in such lucrative positions.

10. Philippe Dauman, President and CEO of Viacom Inc.
$43,123,552

Philippe Dauman has been CEO of Viacom for the last six years. He began at Yale, and received his J.D. from Columbia University. He then went on to work at Shearman & Sterling, where he became the chief legal counsel to Viacom’s Sumner Redstone. After developing a close relationship with Redstone, Dauman was hired as Viacom’s general counsel and senior vice-president. Dauman left in 2000 to co-found DND Capital Partners, a private equity firm specializing in media and telecommunications. However, he returned to Viacom in 2006 as their President and CEO.


9. Mike Jeffries, CEO and Chairman of Abercrombie & Fitch Co.
$48,069,473

Mike Jeffries studied economics at Claremont McKenna before getting his MBA from Columbia University.  He then joined the management-training program at Abraham & Straus, a now-defunct department store. Jeffries’ had trouble finding success; he founded Alcott & Andrews, a brand aimed at women, which went bankrupt. He then took a merchandising job at Paul Harris, which fell into bankruptcy protection soon after he began. However, when Jeffries was hired as the CEO of Abercrombie & Fitch in 1992, he managed to turn the company around.  By creating a young, sexy image for the brand, Jeffries managed to create a following around the Abercrombie lifestyle.



8. Ray R. Irani, Executive Chairman of Occidental Petroleum
$49,766,694

Ray Irani grew up in Beirut, where he received his bachelor’s in chemistry. He then moved to US and completed his PhD at the University of Southern California. Continuing in research, he then worked at the Monsanto Company until 1967, and joined the Shamrock Corporation as their new product developer and director of research. Irani then joined the Olin Corporation, working as their COO before becoming President. Since 1983, Irani was been with Occidental in various executive positions such as CEO, president, and chairman.



7. David M. Zaslav, CEO and President of Discovery Communications Inc.
$52,404,119

David Zaslav has been CEO of Discovery since 2007. Zaslav took Discovery public in 2008, and has shown growth in earnings since. Before joining Discovery, he was president of Cable and Domestic TV and New Media Distribution at NBC Universal. Zaslav had joined NBC in 1989, and worked on developing CNBC and MSNBC during his time there. Prior to his work at NBC, he was an attorney with LeBouef, Lamb, Leiby & MacRae. Zaslav received his bachelor’s from State University of New York at Binghamton before graduating with honors from Bostun University School of Law.



6. Ron Johnson, CEO of J.C. Penney Inc.
$53,281,505

Ron Johnson worked briefly in accounting after graduating from Stanford in 1980. He then went to Harvard and received his MBA in 1984 before taking a job at a Mervyn’s in California.  Johnson moved up the ranks within Mervyn’s, before joining Target. Within target, he held multiple roles, being responsible for all clothing and home furnishings, before finally becoming the vice president of merchandise. At Target, Johnson worked with architect Michael Graves to change the company’s image to be more chic. He then worked as Apple’s senior vice president of retail, during which time Apple went from having no stores, to over three hundred locations worldwide. Johnson became J.C. Penney’s CEO in 2011.



5. Leslie Moonves, CEO and President of CBS Corporation
$69,900,677

Leslie Moonves worked as an actor in New York’s Neighborhood Playhouse after graduating from Bucknell University with a degree in Spanish.  He decided to instead pursue producing television. Moonves began as a development executive for Catalina Productions, before becoming vice president of development for Saul Ilson Productions. He then joined Twentieth Century Fox as vice president of movies and mini-series.  Moonves filled the same position at Lorimar Television, before moving up to the position of president in 1989. From there, he joined CBS as president of entertainment, before being promoted to president and CEO in 1998.



4. Larry Ellison, CEO of Oracle Corporation
$77,556,015

Larry Ellison began college at University of Illinois at Urbana-Champaign before dropping out at the end of his second year. He then briefly attended University of Chicago before dropping out and moving to California. Ellison then joined Ampex Corporation, where his main project was creating a large-scale database for the CIA, which was code-named Oracle. In 1977, Ellison founded Software Development Laboratories in partnership with his previous boss, Robert Miner. In 1983, the company was renamed after its flagship product, Oracle. Larry Ellison has been CEO since Oracle was founded, and is now one of the richest men in the world.



3. Eric Schmidt, Executive Chairman and Former CEO of Google Inc.
$100,980,262

Eric Schmidt joined Google as their CEO in 2001, and dramatically increased the scale of the company. Since 2011, he has stepped down as CEO and focuses more on the external matters of Google as their executive chairman. Before joining Google, Schmidt was the chairman and CEO of Novell, which he joined in 1997 after leaving Sun Microsystems. Schmidt had joined Sun in 1983 as a software manager, and ascended through several positions until he finally became president of Sun Technology Enterprises. Prior to Sun, he worked in research at Xerox Palo Alto Research Center, Bell Laboratories, and Zilog. Schmidt entered into research after graduating with an electrical engineering degree from Princeton University, as well as a master’s degree and PhD in computer science from UC Berkeley.


2. David Simon, Chairman and CEO of Simon Property Group
$137,166,545

David Simon’s father, Melvin Simon, co-founded  Simon Property Group in 1993 with Melvin’s brother, Herbert. Herbert Simon is currently chairman emeritus of the company. David Simon joined Simon Property Group in 1990 as their chief financial officer, and took it public in 1993. Two years later, he was named CEO, and became chairman in 2005.  Simon graduated from Indiana University in 1983 and received his MBA from Columbia University in 1985. Prior to joining Simon Property Group, he worked at First Boston for three years before joining Wasserstein Perella & Co. as vice president. Simon Property Group is currently the largest U.S. publicly traded real estate company.



1. Tim Cook, CEO of Apple Inc.
$377,996,537

Tim Cook began at Auburn University, where he earned his degree in industrial engineering. He then earned his MBA from Duke University in 1988, where he was a Fuqua Scholar (top 10% of class). Cook joined IBM in 1982 and occupied several positions throughout his twelve years there, most recently as director of North American Fulfillment. After IBM, he worked as the chief operating officer of the reseller division at Intelligent Electronics. In 1997, Cook left to take on the role of vice president of corporate materials for Compaq. Cook came to Apple in 1998 as their senior vice president of worldwide operations. By partnering with external manufacturers and dramatically reducing stockpiled inventory, Cook has played an integral role in making Apple’s profitability. Cook was promoted to chief operating officer 2007, and served three terms as interim CEO between 2004 and 2011 when Steve Jobs had to take sick leave. On August 25, 2011, Tim Cook took over as CEO of Apple.
 I know a secret that only the diligent will find.

Friday, May 3, 2013

10 Countries With The Highest Tax Rates In The World




The Top Ten Countries with the Highest Tax Rates
Only two things in life are certain – death and taxes. And for some, an extremely high tax rate is equivalent to death. But then again, for most people, any tax rate greater than 0 percent is considered excessive.
In France, there have been proposals to increase the tax rate for those earning more than $1.23 million to 75 percent from the current 48 percent. In the United States, the top tax rate stands at 35 percent, with proposals calling for its increase to 39.6 percent. It was one of the most contentious issues during the last presidential elections.
It is worth noting, however, that in the case of France, only a miniscule .046 percent of the population would be affected by the proposal to increase the tax rate for the upper echelon of society. In the United States, the most vociferous of those who oppose the increase are billionaire businessmen. The last time the United States had such a high tax rate was during the Clinton administration, and those years were marked by economic prosperity.
Maybe they would not complain too much if they compare the rates being levied upon them to those being charged to the upper echelon in other countries. Here are the top ten countries with the highest tax rates in the world.

1. Aruba – 58.95 percent for those with income of at least $171,149

The country is known to have the highest standard of living in the Caribbean. This Dutch territory has the highest income tax rate in the world. It actually used to hover above 60 percent back in 2007. Married individuals who meet the income requirement are charged a slightly lower 55.85 percent. The country also has a 25 percent tax on capital gains. The rate is double than the average rate in the Caribbean, and especially astounding considering the zero income tax regime in the Bahamas, Bermuda and Cayman Islands.

2. Sweden – 56.6 percent for those with income of at least $85,841

Sweden is a welfare state where citizens get free education and subsidized healthcare. Everyone is also guaranteed a basic pension. Even public transportation is subsidized. All these are the results of an aggressive tax scheme by the Swedish government in which those with extremely high incomes are levied a tax rate of 56.6 percent. As this rate will only kick for those with income of $85,841, most Swedes do not worry about it as it is way above the average income of $48,800. Sweden also has a 30 percent tax on investment income, as well as significant rates for property holdings and social security.

3. Denmark – 55.38 percent for those with income of at least $70,633

This rate is actually an adjusted rate already, as the top marginal rate used to be 62.3 percent in 2008.  Denmark also taxes dividend income by 28 percent and capital gains by 42 percent. Even the Danish church is not exempt, as they are liable for taxes ranging from 0.4 to 1.5 percent.  Gifts to relatives over a certain threshold amount are also subject to 15 percent tax.

4. Netherlands – 52 percent for those with income of at least $70,090

The Netherlands has the highest tax rate in Western Europe, where the regional average stands at 45.7 percent. Its government also charges capital gains tax of 25 percent, land transfer tax of 6 percent and inheritance tax of up to 40 percent. Average income in the country is $57,000.

5. Belgium – 50 percent for those with income of at least $45,037

Just like its neighbor the Netherlands, Belgium’s tax rate is higher than the average for the region. It also charges a social security rate of 13 percent for employees and 35 percent for employers, municipal taxes of up to 11 percent, and capital gains tax of up to 33 percent. The country actually has the highest tax and social security burden in the world, with single taxpayers taking home less than 45 percent of their actual income.  Those in the higher income brackets take home less than 40 percent. Average income in the country is $45,037.

6. Austria – 50 percent for those with income of at least $74,442

Austria is one of the best places to live, so long as you are willing to pay for that privilege. Aside from the high income tax rate, it also has a social security rate of 18 percent, bonus payments are charged 6 percent, and capital gains tax is at 25 percent. Money stashed away in Swiss banks is also taxed through a special agreement between the Swiss and Austrian governments.

7. Japan – 50 percent for those with income of at least $228,880

Japan has the highest income tax rate in the whole of Asia, where the average is only at 23 percent. Note however that the high rate only kicks in at $228,880, which is an extremely high income level in a country where the average income is $53,200.

8. United Kingdom – 50 percent for those with income of at least $234,484

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This will only last until April 2013, when the rate will be cut to 45 percent. Those earning less than $14,300 are exempted from paying taxes. Social security taxes can be as much as 14 percent, while capital gains can reach 28 percent.

9. Finland – 49.2 percent for those with income of at least $87,222

The top rate used to be 53.5 percent, but this was cut in recent years. Municipal tax can be as much as 21.5 percent, and a church tax of up to 2 percent. Capital gains can reach 28 percent. The government plans to increase taxes in 2015, with the new rates targeting high income and pension owners and those receiving inheritances above $1.3 million.

10. Ireland – 48 percent for those with income of at least $40,696

The top marginal rate has been increasing steadily the past few years, as it stood at only 45 percent in 2008. Social security tax is at 4 percent. Taxes on gifts, inheritances and capital gains can reach as much as 30 percent. It has the lowest corporate tax rate in Europe, however, at only 12.5 percent.

I know a secret, but only the diligent will find it.