How to Invest in Gold

You can invest in gold, by getting a brokerage account and purchasing "GLD".
Buying GLD is basically buying gold, but the commissions should be much smaller.
Look at: http://finance.yahoo.com/q?s=GLD

Become a Billionaire

How can a person go from obscurity to billionaire status?

I think I'd start with NET, No Extra Time. Work out and listen to audio programs and audio books. Get an idea of how you want to make your money and find some motivation.

Working out makes you feel good, and encourages a longer life. You do not want to be the richest person in the graveyard. Look at Tony Robbins now legendary run on the beach, when he lived in a 400 sq foot apartment. You wont have those results. At least not every day, but do it. NET= no extra time. Begin that habit.

That reminds me, if you are in the medical field, look for longevity aids. A good longevity aid, with a well executed marketing plan, could make a billionaire out of a few of us.

Andrew Carnegie, formerly the richest man in the world, advised us to form mastermind alliances, to enhance our success. You can find people for your masterminds through my Yahoo group and through the chat room at http://www.msplinks.com/MDFodHRwOi8vd3d3LmluZGVwZW5kZW50d2VhbHRoLnVz You could find them here on Google, Myspace and Facebook too. Be creative, there are a lot of places to recruit and to get recruited.

You can find out about the best audio books, audio programs, mastermind alliances, and a lot of worthwhile stuff at http://www.independentwealth.us/

Hopefully I will keep writing about becoming a billionaire.

Best Metal Motivational Music

Scorpions- Don't Stop at the Top

Bon Jovi - It's My Life

Skid Row - Slave to the Grind

Rick Springfield - World Start Turning

Tesla - No Way Out

Rocky IV Soundtrack

Eminem - Lose Yourself

Queen - I Want it All and Fight From the Inside

Queensryche - Best I Can

These are a few off the top of my head.

Paths and Requirements to a Billion Dollar Empire

Monumental odds and monumental risk characterize the undertaking of making a billion dollars.

You must have a strong drive and be smarter than average to become a billionaire. Look at Donald Trump. Trump only sleeps 4-5 hours a night. Trump works all the time. If you are to become a billionaire, you need drive, better than average smarts, some seed capital, and the right ideas.

Where will the next billionaires come from? Likely from the fields of:
- nanotechnology
- Internet/Computers/Software
- neurotechnology
- biotechnology
- alternative energy
- and certainly, many more billionaires will be innovators, inventors, turn around specialists, money managers, and others.

If you are dreaming to the point of opening brokerage accounts, taking college classes, Anthony Robbins seminars, and starting businesses, you are cordially invited to my Yahoo Group called "IndependentWealth - Investing for Early Retirement 101". There are several "high achievers" in my group.

If you want to associate with people who are going places, by all means, sign up. Do me a favor and vote in the polls section.

Also, take a look at http://www.independentwealth.us/. There you should at least find a way out of the rat race. You can also sign up for my group there too.

Hopefully, I will be writing a lot more about creating a billion dollar empire.

Community for Future Billionaires

There are a couple of great communities for future billionaires.

There is one on Facebook and one below:

http://finance.groups.yahoo.com/group/IndependentWealth/

At Independent Wealth, we have 1000 ambitious people, motivational quotes posted once or twice a week, some good stock picks are posted, we have a stock market tournament, etc.

Take a look, it's free. Be sure to vote in the polls section. Invite a friend.

One of the Best Ideas in the World

If you want to go from rags to riches, one of the best ideas in the world for you, is to go to www.independentwealth.us.

At my site, you will not only be able to make a plan to escape poverty, you will get the motivation, and many of the tools you need to do it.

There are not really any Earth shaking ideas there. Just common sense, and yes, some advanced stuff. The New Year is coming. So start planning and creating a vision of what you want!

I learned many of the lessons in independentwealth the hard way, but you do not have to.

Forget the hype and the fluff and the scams and scroll down to www.independentwealth.us

Seven Quotes for Entrepreneurs

"Your most unhappy customers are your greatest source of learning."--Bill Gates

Money can't buy happiness, but neither can poverty.--Leo Rosten

It requires a great deal of boldness and a great deal of caution tomake a great fortune, and when you have it, it requires ten times as much skill to keep it.--Ralph Waldo Emerson

Sometimes by losing a battle you find a new way to win the war.--Donald Trump

"He which soweth sparingly shall reap also sparingly;and he which soweth bountifully reap also bountifully."-- 2 Corinthians 9:6

The richest people in the world look for and build networks, everyoneelse looks for work."- Robert Kiyosaki

"The best way to predict the future is to create it..."- Anthony Robbins

Billionaire Mindset

Robert Cox has studied and worked with three billionaires. His studies indicate they have five behavior traits in common.

1. Revelations (clarity) - They see things differently.

2. Charisma - The billionaire is a charismatic individual. Charisma is defined as the ability to make others feel good about them.

3. Integrity - They maintain the integrity of their goals, values and personal image. Integrity is defined as doing what you say you are going to do. Integrity is a unique quality as you can only sell it one time.

4. Love of Money - think of whom or what you love most and multiply that by 10 and that properly reflects the love a billionaire has for each and every dollar.

5. Time - Define projects, meetings and employee performance by time frames. They have preset time limits for all endeavors.

www.yourbusinesscoach.net

7 Tips to Help You Escape the Rat Race

There are a lot of important things you could do to escape the rat race, but I have give you seven that come to the forefront of my mind. This should be a good starting point for the ambitious wealth builder.

Tip number one is: learn to invest. Get started reading the classic investment texts, a financial magazine, learn the terminology, and laws. Learn to analyze an investment. I would get started on this one, even if the economy seems bad. Create a model portfolio and watch the indicators, stocks, and etc. You will not start out as the best investor, so start learning.

Tip number two is: Live below your means. You have no alternative. If you are to retire, you need to save money for it. Even if you have a good pension, create another leg in your retirement stool. Delaying gratification will help you cut expenses. Wait for a better price on what you want to buy. Maybe you will change your mind altogether. Make it a mental game to buy good investments, rather than a frivolous purchase.

Tip number three is: Diversify your investments. Spread your money around some. You could still be somewhat concentrated in things you know about and are confident and comfortable with. It is very important not to put yourself into a high risk/low reward situation. Decide on a good asset allocation (a combination of various assets). Stay on top of your finances.

Tip number four is: Make a few big financial bets. Make some substantial financial bets on something you have a strong hunch will succeed. If you are right on a serious investment, it could be all you need to exit the rat race. Never make a bet you cannot afford to lose. Make sure you have done adequate research on your investments.

Tip number five is: Create a Mastermind. You need coaches and guides that are going where you are going. You need objective opinions and fresh perspectives. Masterminds have come in handy. That is why Andrew Carnegie advises us to start a mastermind in Think and Grow Rich.

Tip number six is: get into CANI (constant and never ending improvement). Use CANI to improve each area of your life, including your career, and investing. Applying the philosophy of CANI in your health, relationships, etc. will pay dividends as well.

CANI is easy, just admit you don’t know everything, and start making improvements. Improve a little every day. I encourage you to keep learning and growing even after you escape the rat race.

Tip number seven is to: move quick on things. When a task or project is dropped in your lap, get to work! Get going! Procrastination won’t help you escape the rat race. Video games, booze, and “power naps” won’t get you out of the rat race. Become the person who gets the job done. If you can’t get things done, you will spend more time in the rat race. Tackle tough projects without delay.

Today is the day to get going on your financial journey. Test some of these tips in your own life and see what happens.

see www.financialindependenceuniversity.com for more info & details.