BTC AT $1M IS CONSERVATIVE - John Mcafee!

Can you see BTC hitting $1,000,000? What's your estimate for where the price will go?

Are you in the market? Let us know below!

Is this the Beginning of the Big Stock Market Crash?

Written by Andy Tanner | Friday, February 23, 2018

Read time: 5 min

Where we are, where we might be going, and how I plan on profiting no matter what direction the stock market decides to go

I’ve had some requests to explain a little bit about the recent roller coaster activity in the market. There have been a lot of big drops and then big rises.

I’ve spoken a lot about how I am skeptical of the high price of this market. I still am. People are asking me, “Andy, is this the big drop you’ve been talking about?” To answer this question that seems to be on everyone’s mind, I want to explain what I think is happening right now in a way that anyone should be able to understand.

Looking at current charts of the market, I do see some spikes in in volatility. This shows me that the market’s unpredictability is increasing. But do I think that this is a big one? No, probably not. However, I think there are some things that we should start watching more closely.

When I say that the market seems to be too expensive or overvalued, here’s what I mean: How much does it cost us in price to earn a dollar of profit? It’s another way of looking at the idea of earning a return on our investment.

In the stock market, there are many big investing companies (“institutions”) that buy and sell huge blocks of stock. These institutions are probably the biggest force in the market to affect prices. When the market is going up rapidly like it has been over the past year, these institutions want to ride it as long as possible. But at the first sign of trouble, the institutions will start selling immediately. These days, this is usually the cause of our big market drops.

What can this mean for the average investor like you and me? Well, I think it’s very important to know as much as possible about any type of investment you want to get involved with. So let’s spend a few minutes to understand how a company or a market gets valued.

Suppose you had a money machine. When you turn the crank on your money machine, it spits out a dollar for you. These dollars you create are your earnings.

In the world of business, there are all kinds of money machines. If the company is Apple, the action that turns the crank is the devices they sell. If the company is Pfizer, they turn the crank through the sale of pharmaceuticals. The more the crank gets turned, the more money they earn.

For investors like us, our two main questions are:

• How much does it cost to buy a particular money machine?
• How much earnings does that money machine generate?

When we know the answers to these two questions, we can do a little math to come up with the Price to Earnings Ratio (PE Ratio).

If you are familiar with real estate investing, this is very similar to the Cap Rate (except the values are flipped). Overall, it’s a way for us to quickly understand if a particular investment is a good value, or if it’s too expensive.

In the world of stocks, many investors keep and eye on the Shiller PE index, a price earnings ratio based on average inflation-adjusted earnings from the previous 10 years,. The median Shiller PE Ratio has historically been around 16 - 17. It’s a good barometer of what value we should be targeting. Again, a PE of 16 means that it costs us about $16 for every $1 of earnings we receive from that stock.

Looking back in time, we can see that there have only been a few times that the PE Ratio for the S&P 500 has been above this level. Before the crash of 1929, prices almost doubled and people were paying up to $30 for every dollar of earnings from the S&p 500. And during the dot-com boom people were paying HUNDREDS of dollars for companies that had zero earnings.

When the price of stocks gets really high, we’re forced to answer these questions: Are these high-priced companies cranking out enough dollar bills to still be valuable investments to buy? Are the profits worth the expensive price tag? The moment investors see that the PE ratios are too high, they will only continue to buy if they see growth. And if the outlook for growth becomes pessimistic, selling can insue.

Of course, this doesn’t mean that the market is going to crash immediately. But as we look back historically, there have only been a couple of times in the past I mentioned before when investors have been willing to pay this much for stocks. As the dot-com bubble showed, when investors were paying $44 for $1 of earnings, they eventually said it wasn’t worth it anymore. That’s when the big crash occurred.

The Risk Of Having A 401(k) Account

Most people with retirement accounts such as a 401(k) have not been worried over the past few years. They hope the value of their accounts go up and up. For those who have these types of accounts, there are two things to keep in mind:

1. The value of your account does NOT mean you have that much money waiting for you. Instead, it represents the current value of all the investments that are held in your account. When you want to get money out of the account, your account manager will sell shares at whatever the current market value on the date you sell.
2. When the market goes up, the value of your account will go up with it. But when the market drops or crashes, your account value drops with it. There is no protection for you.

Protecting With “Stock Insurance”

Insurance is a great tool to protect things that you value. We buy insurance for our homes, for our cars, and for our health. We don’t need insurance every single day, but we buy it to protect us when those rare bad events happen. It’s impossible to predict exactly when a bad event will happen, but it’s easy to prepare for it.

One of the great tools available for stock investors is to buy “insurance” on your stock positions. This is what we teach our students every week in my Mentor Club. We show how to protect yourself from any anticipated market problems, and also how to turn that into cash flow. In fact, many times we can structure positions so that we generate enough cash to actually pay for this insurance.

The tool we use to buy this insurance is called a stock option. When we are educated on how options work, and how to maximize them for different situations, we can control our risk and predict our cash flow very accurately.

The key is to know when to buy the insurance. It’s a lot cheaper to buy insurance when you don’t need it than when your house is going up in flames. The same is true with stock protection.

Even though we don’t know exactly when a big crash will happen, we can spot early signs based on what has happened in the past. This allows us to buy insurance via options at lower prices versus buying in the middle of a crash. We call this kind of insurance a “hedge.”

Our Students Learn To Do This With Zero Risk

One of the advantages of learning to trade stocks and options is you can do it risk-free with a practice account. Also known as paper accounts, these allow you to make trades using real market prices and information – but you can practice and improve your skill without risking any real money.

Virtually every online brokerage allows you to open and use these types of practice accounts. They’re virtually the same, so you can open one with any brokerage you choose.

We teach these strategies and techniques in our Mentor Club. This is our weekly training service where you get to follow along as we find profitable trades, set them up, make adjustments as needed, and show you exactly how much we make or lose on every trade.

Our students learn how to set themselves up to profit no matter if the market is going up or down. They also learn how to protect themselves from big market crashes that hurt the typical stock investor who sits on a buy and hold account.

Anyone can join The Mentor Club risk-free for 30 days. It’s a great way to see if this type of cash flow investing is right for you. You can get full details at AndysMentorClub.com.

Source: http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/February-2018/Is-this-the-Beginning-of-the-Big-Stock-Market-Cras.aspx

How To Get Out Of Credit Card Debt

Have your credit cards run away with you, leaving you facing a massive monthly bill that just about covers the interest? We feel you.

Check out these tops tips for paying down your credit cards so you can be free from them once and for all!

Someone Else’s Problem is Your Opportunity

YOU'RE JUST ONE PROBLEM AWAY FROM SUCCESS!

In this article, you'll learn: If you want to be successful, you have to talk, think, and approach situations, challenges, and PROBLEMS differently than most people.

INTRODUCTION

When I’m striving to achieve my full potential, one of the things that makes me the happiest is solving BIG problems (and I’m not just talking about my own problems)—I get more fulfillment when I solve other people’s problems.

If you’ve been following me for a while, you know that my goal is to be known by everyone on this planet. That’s 8 billion people! I’m not going to do that by talking about my own problems. It’s solving another person’s issue that brings me closer to my true potential.

If you want to be great, seek out other people’s problems. They are opportunities for you to shine, separate yourself from the rest, and solve their issue.

Before you can help someone, you have to open up the conversation to other people's problems. This involves asking hard questions and dealing with difficult personalities. Don’t let that stop you. Your job is to take care of it for them.

Here’s a tip: change any objection, refusal, or problem to a COMPLAINT. That’s all they really are...

Do you know what a complaint is?

Complaints are the most overlooked opportunities.

It’s a sign of interest. A customer has an unmet need. That’s where the opportunity is waiting for you. Your job is to solve that issue. Turn it into a win.

THE TRUTH ABOUT COMPLAINTS

I ask my staff to send me all the complaints that we get. Why? Because I know that complaints are a sign of interest. They are an opportunity for me to solve that person's problem with one of my products or services. Solving their issue brings me one step closer to reaching my true potential.

One of the major difference between successful and unsuccessful people is that the former look for problems to resolve, whereas the latter make every attempt to avoid them.

Next time you hear someone complaining, seek out the OPPORTUNITY. Pay attention and look to resolve that person’s issue. You should be doing this all the time. Be like a deer in the forest with ears held high, listening for the beast. Then become the beast...

SUMMARY

You will never be polished at selling your product, service, or idea if you only get a handful of opportunities. The more actions you take, the more business you’ll have. If you get good at solving problems for people, the more SUCCESS you’ll have and… You’ll solve your own problems at the same time.

Be great,

GC

P.S. Check out the LIVESTREAM and Official Recording of 10XGrowthCon Feb. 22-25th. Deal ends at the current price this week, so get in now!

Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the "25 Marketing Influencers to Watch in 2017". Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.

Source: https://grantcardone.com/blogs/grantcardone/someone-else-s-problem-is-your-opportunity

Why We Spend Money On Stuff We Don't Need

We all do it - though some more than others; are you a spender or a saver?

But why do we spend money on stuff we really don't need?

How many times have you bought something only to put it in a cupboard, forget about it and never actually use it?!

WHEN THE SKY SEEMS TO BE FALLING

Posted by: Team Tony

Legal Disclosure: Tony Robbins is a board member and Chief of Investor Psychology at Creative Planning, Inc., an SEC Registered Investment Advisor (RIA) with wealth managers serving all 50 states. Mr. Robbins receives compensation for serving in this capacity and based on increased business derived by Creative Planning from his services.

“Global financial markets slip as oil price plunges to new lows” – The GuardianThe recent headlines about global financial markets are enough to incite panic – or at least concern:

“U.S., world stock markets slide as panic in China spreads” – The Washington Post

Volatility the new watchword for financial markets” – South China Morning Post

“S&P 500 off to worst-ever start to year” – USA Today

China’s stocks fell 11.6% the first week of the New Year, renewed tensions in the Middle East are causing the price of oil to dive, and George Soros is reporting that the current challenge reminds him of the 2008 financial crisis; all in all, it’s easy to wonder what this is going to do to your portfolio.

However, financial security is not out of reach. In fact, with the right preparation and strategy you can thrive in any economic environment. In the articles below you will find:

•    The exact portfolio of the world’s largest hedge fund leader

•    An explanation of risk in both inflation and deflation

•    A simple and effective breakdown of how to allocate your assets

•    A look into the buy-and-hold strategy

Volatile markets do not have to determine your stress level, and with the right strategy they do not have to disrupt your future plans, either. Take the time to understand these tactics and take massive action. Your future self will thank you.

Source: https://www.tonyrobbins.com/wealth-lifestyle/sky-seems-falling/

Million Dollar Traders (Full Series 1 of 3)

Can anyone become a successful trader in the financial markets?

Watch to find out!

The Crypto Craze Continues

Cryptocurrencies are becoming a popular way to pay for high-end real estate

If you turn on the news, troll the Internet or stand around the water cooler, you’re likely inundated with talk of cryptocurrencies. Bitcoin and other virtual currencies are so exciting because they are relatively new and highly volatile.

Some analysts are predicting that digital currency is the future of the world’s financial system, while others believe it’s merely a trend that will disappear. Only time will tell, of course, but its extreme fluctuations make for some very dynamic investments.

At the time of this writing, one Bitcoin is worth $10,854.42 U.S. dollars. As such, many people are buying fractions of Bitcoins—investing $50 or $100 to get their hands on a piece of this pie.

Using Bitcoin in Real Estate

Now, you might be wondering how to pay for things using cryptocurrencies—you can’t exactly use it to pay for a manicure or your skinny latte (yet). But you can use it to buy household products on Overstock.com or a hotel room on Expedia.com. In fact, there are a slew of places jumping on this bandwagon, and you can check out all the participating companies here.

But one of the ways in which Bitcoin is being used that truly fascinates me is in—you guessed it—real estate. I recently read a news story about the owner of a $45 million mansion who is willing to accept Bitcoin as partial payment for his 9,000-square-foot home. He believes that purchasing brick-and-mortar real estate might remove some of the volatility when it comes to investing in cryptocurrencies.

Part of his logic? “According to current situation, if you buy the property with cryptocurrency, it’s difficult to identify the cost of the real estate because it fluctuates so much,” he said. “The government will have a hard time to tax or put a property value on the house you are going to sell.”

That’s an interesting way of looking at things—the value of the Bitcoins he receives for the sale of his home could increase or decrease almost immediately, essentially putting him in a position where he’s getting more or less for his home than he realized.

Now, there probably aren’t a lot of potential buyers in the market for a home with this price tag, but there are more millionaires as of late thanks to cryptocurrency gains. And these new millionaires (and some are even billionaires) are no doubt looking for ways to reinvest their gains—and old-fashioned real estate may be the ideal route to go.

A Whole New Playing Field

Clearly, converting large chunks of cryptocurrency into a less-volatile asset—like real estate—is a logical choice. And it’s happening more often than you think.

Luxury real estate agent Tony Giordano says he’s fielding more and more requests to use cryptocurrency to buy and sell property—and now asks his high-end clients if they would be willing to accept digital currency. Why? More options equals more buyers. This is especially true in the luxury market, where buyers like to maintain a low profile and avoid tax issues. Remember, cryptocurrencies are still largely unregulated.

As such, it’s also important to note that finding an escrow service that handles crypto sales (vs. traditional cash) is not easy because technology is, unsurprisingly, moving faster than government regulation. So you’ll likely have to convert Bitcoin into cash in order to buy a property.

Now might be a good time to dabble with cryptocurrencies to get a feel for the market. There’s a lot to learn about digital currencies (including that Bitcoin isn’t the only game in town), so do your research and start your journey with a small investment—$20 is enough to get your feet wet.

While you may not be in the market for high-end real estate (yet), if you play your cards right, you could easily join the ranks of the new crypto millionaires popping up all around the world. And if not, you’ll get some experience buying and selling, monitoring your investments and having fun daydreaming about achieving your financial dreams.

Source: http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/February-2018/The-Crypto-Craze-Continues.aspx

10 Secrets to Achieve Financial Success

Anton Kreil and his company the Institute of Trading are inspirational, and their messages about trading and financial education are valuable, powerful and poignant.

Check out his 10 secrets to achieving financial success!

Spectators Criticize, Players Play

YOU'RE EITHER ON THE FIELD OR YOU ARE IN THE BLEACHERS

In this article you'll learn: Success is about showing up and participating, not talking.

INTRODUCTION

If you've ever sat in the stands or watched a game on TV, you'll notice how freely spectators give advice to those that are on the field playing. This goes beyond just football. 

Never accept the criticism of those that are mere spectators. These people are not on the field, they aren't in the game and they are not on your team.

They are spectators.

THE GAME OF LIFE

Every person, no matter what his or her profession is, relies on selling. Only a handful of people ever take the time to really learn this game and master it. When I was 25, I made the commitment to know everything there was to know about the game of selling. I began studying the whole area. I started taking notes on every exchange I had with my customers. I even recorded these experiences on audio and video.

I would later study the material like a football team reviews playbacks of games.

To become a great football player you have to commit every fiber of your being to the game and still know there’s more to learn. It is no different in sales. The amateur goes out and plays football every Saturday in the park, but he can’t play with the Patriots.

It’s more than just physical because there's a big mental part of the game.

ENTHUSIASM IS NOT YOUR TICKET

I eventually got finished with pumping myself up each morning with enthusiasm and hoping for great results in sales. Enthusiasm is great, but it’s not a replacement for knowing. It is vital that you learn to win at the game.

The Browns can pump themselves up before playing the Patriots, but when the game begins enthusiasm will quickly be lost and skill takes over. 

If you find yourself backing off anywhere in the sales game, it is because you are not submersing yourself enough in training.

In my organization, training is done in order to sharpen our skills for the day and make more sales. 

CHAMPIONS MAKE DECISIONS

Focus on winning whatever game you're playing in life. You need to sell yourself on what you need to do today to make today great. A true professional salesperson is impervious to any negativity because he is a pro and is operating at levels far beyond the average player of the game, much less the spectators.

SUMMARY

The pros aren’t spectators!

Be great,

GC 

P.S. If you're ready to get in the game and get serious about your money, get on one of my Certification Programs.

Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the "25 Marketing Influencers to Watch in 2017". Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.

Source: https://grantcardone.com/blogs/grantcardone/spectators-criticize-players-play

Napoleon Hill - Purpose - Rare Recordings I

The man, the legend - Napoleon Hill!

Think and grow rich ladies and gents...

Number of Self-Made Female Billionaires on the Rise

Written by Kim Kiyosaki | Thursday, February 15, 2018

Read time: 3 min

Let these successful women inspire you to elevate your financial life

In 2011, I wrote a blog titled “World Woefully Lacking in Female Self-Made Billionaires.” For easy reference, the disappointing statistics that supported my headline included:

• Of the top 10 wealthiest women in the world, every single one inherited their wealth from a male relative.
• Of the world’s 1,011 self-made billionaires (those who made their own money rather than inheriting it), only 14 are women.

Lately, I’ve been wondering what progress women have made over the last handful of years, and decided it was time for an update. Do you think our standing has improved?

According to Forbes:

• A record 56 self-made female billionaires were on the list in 2017, up from 42 in 2016.
• Their combined wealth of $129.1 billion means that 2017 marks the first year that the self-made-woman billionaire wealth has surpassed $100 billion.
• 25% of the world’s women billionaires are self-made (compared to 21% in 2016). This percentage has more than doubled since 2009.
• The total of 56 women includes 7 women who are billionaires in their own right, but are listed on Forbes’ World Billionaires’ ranking with their husbands with whom they started their businesses. Their fortunes have been separated for this list.

I’m happy to see we’ve made some much-needed progress on this front—the number has quadrupled since 2011. Yet, it’s not exactly a number to celebrate. Women still represent a minority percentage of all self-made billionaires.

And remember, this is a worldwide list. In case you’re wondering what this looks like when you map it on a globe, here’s the breakdown by country:

• 21 in China
• 17 in the United States
• 5 in Hong Kong
• 3 in the United Kingdom
• 1 each in Australia, Brazil, Germany, India, Italy, Japan, Nigeria, Russia, Switzerland and Vietnam

Why the Low Numbers?

Yes, women are moving in the right direction (and in some unexpected countries, which is fantastic to see), but it’s clear that women are still lagging behind when it comes to creating wealth.

Now, I’d like for you spend a few minutes pondering why this is. Ask yourself:

• What is the reason for this huge discrepancy?
• Is the business world still stacked against women?
• Is it because most women are adverse to the idea of being extremely rich?
• Do women care more about “the mission” than making a lot of money?
• What is holding us back, and how do we get beyond it?

I wish I had all the answers, but I don’t. Here’s what I do know: Ladies, It’s Rising Time! It’s time for us to rise up to what it really takes for the reward of financial freedom. Does that mean you need to become a billionaire? Of course not. But it’s time to declare your commitment to not quit, to move beyond the obstacles in your way, and to keep moving upward, even in times of doubt. Make an agreement with yourself to do whatever it takes to reach your financial dreams. Don’t you owe it to yourself to be true to who you are and go after what you want?

I have a tremendous amount of respect for the women who have landed on this list of self-made billionaires (such as Oprah Winfrey, Sara Blakely of Spanx, and Marian Ilitch, America’s richest self-made woman, who co-founded Little Caesars with her husband). But I’d be willing to bet they didn’t make this list simply because they made all the right moves and the stars just aligned for them—I have no doubt that each one of them faced challenges and fears, yet still kept pushing forward through adversity until they reached success.

Let this be a call to action for women who are ready to take that next meaningful leap in life. If you’re ready to grow and expand beyond where you are today, if you have a vision of what you truly want in life and are willing to go after it, then this is your time. Too many women quit on their dreams and, more importantly, quit on themselves. It’s going to be hard and you’re going to make mistakes—achieving requires action and action will open doors you never anticipated. Accomplishing any valuable and meaningful goal takes all of you. Now is the best time to take your financial life into your own hands. Your financial future is up to you.