Every once in awhile I have to say that I come across something that changes that way I look at things and how I do business. Usually, it only affects one area of either my business or personal life. But I can honestly say to you that this one book has changed the way I do business and the way I interact with people in general.

If you are at all interested in improving your profits by 20% to 100% or more read this. If you are interested in learning how to get along with people in general, then read People Pattern Power.

As you know, I do not recommend books that often but this is by far the best business book that I have read in the past decade, and perhaps ever.

Click here to view more details

Marilyne Woodsmall and Wyatt Woodsmall are two of the smartest people that I know and that is saying a lot and I am glad to have run into their material.

They have worked with Olympic Athletes, Fortune 100 Companies and done trainings all around the World and they are on top of their game.

Let me know what you think.

Cheers,

Andrew Anderson

As promised some time ago, here is the info you need that could allow you to realistically make anywhere from $500 to $25,000 or more from your portfolio by next Wednesday depending on how big it is.

If you are not set up to trade options in your account, you might want to consider doing so as you won’t be able to do what I am about to show you if you don’t.

The CBOE or Chicago Board Options Exchange was nice enough to put this program together for you which is partially the reason why more money flows through them now than any other exchange in the world including the New York Stock Exchange, and the Nasdaq.

Plus, I really like these guys, they have their act together.

So without further ado here is a link to their page and I want you to download their GREAT Education Program they have put together that shows and explains the mechanics behind the options plays we have been doing here. It is user friendly and is right on the money…pun intended.

Just click on the box and it will take you to the download. Do that and then I will show you what you can do with it although since you are hear, you are smart anyway so I think you will see the light and see how I have been able to pull in 50% + return on the plays that I have been showing you.

Let me know what you think!

Cheers,

Andrew

PS A word of caution. Do not let your broker give you a rough time about setting up to trade options in your account. Most are clueless about them. Make sure you tell him/her that you just want to do covered ones and that should put out the fire in their underwear.

Remember too that if they were so brilliant at giving advice on how to invest, they would not be working for someone else, they would have been able to take their own advice and be retired by now…

Just something to think about.

That being said, I am not offering investment advice here just my opinion and you should always seek the advice of a qualified (please note that word and good luck finding one) investment professional.

Couple of things here I wanted to jot down for you on how you can drastically improve your portfolio’s return that are somewhat oblique in nature, yet will have a more profound impact than many things you do directly.

Here is jot number one. At the urging of one of my Mentors, I have begun a Morning Ritual that I do every morning, Monday through Saturday.

For me, even just a few months ago the very idea of developing any type of repetitious rituals was abhorrent.

This is perhaps because I hate to be bored and growing up I had associated habits or rituals with negative things, i.e. drugs, alcohol, or even worse, did I mention boredom?

Nevertheless, because I respect him and he happens to be one of the smartest guys I know, I made a commitment to listen to and do all of the things that he had agreed to teach me 100% to the best of my abilities. So, when he said I had to start introducing some rituals in my life, I listened to him. In this case, his definition of a ritual is a “thoughtful repetitive action that produces a positive outcome” which made sense to me. (more…)

I Thought I Knew…… And The Reasons Why I Am Helping You Make More Money

As I sit doing my every once in a while inventory of what is swimming around in my noodle I come to think about what I hope I Am An Investor does for people in changing the way they “thought” that a portfolio and a business for that matter had to be put together and run. This is true with all of my endeavors. It is having the effect of turning what they thought they knew upside down for most people, including myself.

This is not something new for me. My mental world started getting rocked pretty early as my parents seemed to enjoy a somewhat different lifestyle than most. My Mom was a History and English teacher and my Dad worked in the Government with Computers way back when they were the size of a whole building and they were fairly well politically connected and because of this I got to do some very unique things at a young age.

I was also encouraged to explore pretty much anything my intellect desired.

Because of my upbringing I got to meet Governor’s, Senators, and Congressman and later on the Kennedy’s (who at the time were a big deal) and I realized that there was something not quite right with all of them at a very early age. (more…)

UPDATE 10:14 AM, April 8: Plugged In Numbers At Bottom Of This Story- Here is another play for Apple. Meant to get this out yesterday but got too tied up so here it is.

It is a covered Call play. Now a lot of you have heard of this, and a lot may not have.

But it is the only way that I will buy an individual stock. It is just something else that you want to add to you bag of tricks.

Ok, so we are going to buy 100 shares of Apple, and since I am writing this on Monday..whoops. at 1:30 AM so it is now Tuesday, but before the market opens I will use the closing numbers for trade.

Going to use the closing prices on these - AAPL 155.89 So let us say we shell out about $15,600 total to make it easy on me.. Therefore, we have $156 as a cost basis. Now of course our goal is always 21.5% ROI per year. (more…)

Thanks to everyone that filled out the form for what you would like to see more of here. It really helped a whole bunch.

Out of the responses we have 3 recurring themes.

1. More how-to-Videos. I am not surprised by this one at all. I know I want to see more of them as well. They are fun to do and I think they can make for a great learning experience.
2. How to do the actual trade or investment. Get into the details and of the What, Why, and How. Here again, this makes sense.
3. What to do if you are just starting out. Apparently we have a lot of newbies which is GREAT! I love to see people taking control of their own lives and money is one of the most important areas you can do that in without a doubt.

I have to add to this that people did not want the “Normal” investment vehicles. They wanted the alternative ones, which I think is very good.
Well, you have spoken and so that is what you are going to get. If you have not sent in your feedback, I would still love to hear from you.

Thanks again to everyone that sent in a response! I truly appreciate it and it will make this site and your learning experience and your road to wealth that much better and easier.

“I Am An Investor” Spring and Summer 2008 Training Scholarships

“I Am An Investor” is offering a unique Training Scholarship to individuals from all backgrounds. Applicants do not need to be enrolled in college to apply and there are no age restrictions.

You must have good writing and editing skills.

The Scholarship is a weekly commitment lasting 12 to 26 weeks, or longer for qualified applicants. Students are asked to work a minimum of at least 10 hours each week on the training assignments with a very flexible schedule that you can do from home. (more…)

Do wealthy people do things differently than those that are not wealthy? What one thing do nearly all of them have in common?

Is it something that can be learned? If so, would you like to learn how to do it if you could?

Well, I will give you a hint on the first question, heck, I will just plain give it to you.

If you look at Bill Gates, Warren Buffet, Richard Branson, Gene Simmons, Donald Trump, and Andrew Anderson, they all own their own business and point in fact, they all own several of them.

With owning their own businesses being the common denominator with the vast majority of the wealthiest people in the world, why is it when we talk about investing that we don’t immediately talk about the one vehicle more people use to become wealthy than any other first?

Think about it. Ask most people about investing and the first thing that comes to mind is stocks, mutual funds, or perhaps real estate. The later falls into the owning your own business category but the others definitely do not. (more…)

I am revisiting this subject as for many, buying or starting business is not something that is thrown into the investing arena as often as it should be.

Why?

Well because for the most part there is no middleman to push it unlike most other investments so we don’t see it.

And lets face it, if your education was anything like mine, I was not taught anything about investing in high school or college. So, you have to pick it up on your own and most of us are taught that investing is about stocks and bonds and whatnot.

However investing in small or medium sized businesses is probably one of the most lucrative things that you can do. Whether you start one, buy one, or invest in one, they could easily end up being your best investments.

In the recent book “Get Rich, Stay Rich, Pass It On” by McReen and Walper, they suggest that you invest 25% of your portfolio in entrepreneurial opportunities. (more…)

Forex? What is it, anyway?

The market

The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. (click here to read full market background by Easy-Forex™).

Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That’s all.

How does one profit in Forex?

Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.

The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-Forex™ offers trading ratios from 1:50 to 1:200). If, for example, the exchange rate of “your” pair of currencies increased by 0.6% in the last 4 hours, your profit will be 60% on your investment! Such can happen in one business day, or in a few hours, even minutes.

(more…)