Eben Pagan: How To Increase Personal Productivity

Personal productivity is very important factor for everyone, especially if you are an entrepreneur. In the video below Eben Pagan (one of the top internet marketers) is talking about how to increase it giving away a very simple tip. Yes, the video is made to promote one of his programs but it is valuable and you should listen to it. He is also mentioning the "people with jobs" mentality which is terrible if you are an entrepreneur and you must not have it.

Business Inspiration From Movies

Inspiration and motivation are huge factor when it comes to conditioning yourself to become successful in business. A good way to inspire yourself is by watching good movies related to the topic of business and entrepreneurship, making money etc.
So here is a list of some movies I think are very good for your business inspiration:
Wall Street (1987)
Pirates of Silicon Valley (1999)
Boiler Room (2000)
Startup.com (2001)
The Corporation (2003)
The Social Network (2010)

There are many more of course. Watch some of them and then TAKE ACTION!

Robert Kiyosaki On Why To Invest In Gold And Silver And Why Cash Is Trash

Ok, again Robert Kiyosaki but I think his advices and thought are very easy to understand. In this video he is telling you why CASH is TRASH. Paper money has ZERO VALUE. Silver and gold have value. That's why people better invest in gold and silver and not hold a lot of cash. Cash has no real value. It's just paper with ink. Watch the video and take action.

Robert Kiyosaki : Let Your Money Work Hard For You

5 minutes and 9 seconds - In this short amount of time Robert Kiyosaki will explain you why you should not work hard for your earnings. Let you money work for you. That's what rich people do. For some people this video is nothing new, they already know this things, but if you are beginner and you want financial freedom and ultimately become ultra rich, listen careful to these tips.

5 Disadvantages of Mutual Funds

Before you invest, you should do your homework. Will you choose to use mutual funds, closed-end funds, ETFs, and/or individual stocks and bonds? Inevitably, your homework assignment will lead you to articles outlining the disadvantages of mutual funds. But are all of these so-called disadvantages of mutual funds really disadvantages of mutual funds? Let's take a look at several so-called disadvantages of mutual funds, and how you can avoid them.

*Disadvantage 1: Mutual Funds Have Hidden Fees

If fees were hidden, those hidden fees would certainly be on the list of disadvantages of mutual funds. The hidden fees that are lamented are properly referred to as 12b-1 fees. While these 12b-1 fees are no fun to pay, they are not hidden. The fee is disclosed in the mutual fund prospectus and can be found on the mutual funds' web sites. Many mutual funds do not charge a 12b-1 fee. If you find the 12b-1 fee onerous, invest in a mutual fund that does not charge the fee. Hidden fees cannot make the list of disadvantages of mutual funds because they are not hidden and there are thousands of mutual funds that do not charge 12b-1 fees.

*Disadvantage 2: Mutual Funds Lack Liquidity

How fast can you get your money if you sell a mutual fund as compared to ETFs, stocks and closed-end funds? If you sell a mutual fund, you have access to your cash the day after the sale. ETFs, stocks and closed-end funds require you to wait three days after you sell the investment. I would call the "lack of liquidity" disadvantage of mutual funds a myth. You can only find more liquidity if you invest in your mattress.

*Disadvantage 3: Mutual Funds Have High Sales Charges

Should a sales charge be included in the disadvantages of mutual funds list? It's difficult to justify paying a sales charge when you have a plethora of no-load mutual funds. But, then again, it's difficult to say that a sales charge is a disadvantage of mutual funds when you have thousands of mutual fund options that do not have sales charges. Sales charges are too broad to be included on my list of disadvantages of mutual funds.

*Disadvantage 4: Mutual Funds and Poor Trade Execution

If you buy or sell a mutual fund, the transaction will take place at the close of the market regardless of the time you entered the order to buy or sell the mutual fund. I find the trading of mutual funds to be a simple, stress-free feature of the investment structure. However, many advocates and purveyors of ETFs will point out that you can trade throughout the day with ETFs. If you decide to invest in ETFs over mutual funds because your order can be filled at 3:50 pm EST with ETFs rather than receive prices as of 4:00 pm EST with mutual funds, I recommend that you sign up for the Stress Management Weekly Newsletter at About.com.

*Disadvantage 5: All Mutual Funds Have High Capital Gains Distributions

If all mutual funds sell holdings and pass the capital gains on to investors as a taxable event, then we have a found a winner for the list of disadvantages of mutual funds list. Oh well, not all mutual funds make annual capital gains distributions. Index mutual funds and tax-efficient mutual funds do not make these distributions every year. Yes, if they have the gains, they must distribute the gains to shareholders. However, many mutual funds (including index mutual funds and tax-efficient mutual funds) are low-turnover funds and do not make capital gains distributions on an annual basis.

In addition, retirement plans (IRAs, 401ks, etc.) are not impacted by capital gains distributions. There are also strategies to avoid the capital gains distributions including tax-loss harvesting and selling a mutual fund prior to the distribution.

There are advantages and disadvantages of investing in each and every investment vehicle. However, if you come across a list of the disadvantages of mutual funds, scrutinize each item on the list and determine if it applies as a disadvantage of mutual funds or a disadvantage of a particular mutual fund or to investment vehicles as a whole regardless of the structure, by Lee McGowan, About.com.

Author:

http://delicious.com/financial_advisor

http://delicious.com/market_timing

Success Marketing Stories: Guy Laliberté

This is a short video with one very successful man - the Canadian billionaire Guy Laliberté. He definitely deserves the Marketing Hall Of Legends award because of the things he had done with his business Cirque Du Soleil. The entertainment industry is great and this man is one of the masters.
Simple tips: have or create a good product, deliver it to the right market, and be consistent. Everyone can succeed.

Why Financial Knowledge Is Important for Everyone?

I'll be short and clear.

Without Financial Knowledge You Will Struggle In Life!

No matter what is your profession and what you are doing you need money to live so make sure you you have at least basic financial knowledge or you will always have financial problems.
Invest in your financial IQ!

Eben Pagan on How To Stop Procrastinating

Here is a short video that I think is going to be very helpful for a lot of people because a lot of people have problems managing their time. Eben Pagan is one of the most popular internet marketers and he is very smart financial expert. In this short video Eben is talking about how to stop procrastinate. Listen and apply his easy tips and advices and you will achieve much better productivity in your business and life. If you want to reach your big goals, you have to be able to manage your time. Start with this video here.