Infoworld

Hedge funds betting on U.S. housing market

noreply@blogger.com (Anonymous) — Tue, 12 Jun 2012 22:17:00 +0100

The smart money, having already shorted the euro, hoarded gold and loaded up on Apple stock, is now placing large bets on the housing sector. ...Five years after the US housing market started to melt, at least several hedge funds have decided that the bottom is near and the Fed is on their side so they are moving back into the residential mortgage-backed securities market in a big way.

How to calculate Annual Percentage Yield – APY

noreply@blogger.com (Anonymous) — Sat, 9 Jun 2012 00:07:00 +0100

Bank savings accounts grow your money. When you have money in a bank savings account, your money earns interest. This is a nice feature. Your bank savings account pays a rate of return on all the money in the account (your Annual Percentage Yield). That means that you get "paid" for keeping your money in the account. If you were not going to use the money anyway, then getting paid a little is better than nothing.

Calculating Annual Percentage Yield (APY) is not as difficult as you think. Justin Pritchard in his About.com Guide explains that Annual percentage yield (APY) is a tool for evaluating how much a deposit earns you. Why would you look at an account’s APY? This is because it is a standardized way of comparing investments. Your job as a consumer is to put your money where it will get the highest APY.

What is APY?

As the name suggests, APY is the yield you earn on a deposit over a year. It refers to your earnings – how much money you’re making. Because we all want our money to work for us and grow, it is important to get a good APY from the bank.

What is Unique About APY?

APY is notable because it takes compounding into account. In very simple terms, compounding denotes that you are making earnings on your earnings. This means that the quoted APY is telling you how much you’re really making on your money. Other ways of quoting a rate do not necessarily show you the whole picture.

· See a Visual Example of Compound Interest

How to Get the Best APY

In general, you’ll find that the APY is higher for more frequent compounding periods. Ask your financial institution how often they compound. If your money is compounded daily as opposed to quarterly, you will be able to earn a better APY.

You can also pump up your own “personal APY”. Justin Pritchard always urges people to look at all of their assets as one. In other words, don’t think of one Certicificate of Deposit(CD) investment as separate from your checking/current account – they all go together and should be considered one. Think of yourself as the Chief Financial Officer of You, Inc.

To pump up your personal APY, find ways to make sure that your money is compounding as frequently as possible. For instance, If 2 CDs pay the same interest rate, pick the one that pays out interest most often (monthly instead of at maturity, for example). Then, you can reinvest your interest payments and start earning interest on that payment.

· Savings Account Interest Rate Scorecard

How to Calculate APY With Ease

Calculating an investment’s APY can be tricky. If you want to just find out what an APY is with Excel, here's the function:

=POWER((1+(A1/B1)),B1)-1 where A1 is the Rate and B1 is compounding frequency.

Try pasting this formula into any cell on a spreadsheet (except A1 or B1). In cell A1 you’ll put the stated annual interest rate – in decimal format. For example, if the stated annual rate is 6%, you’ll type “.06” in cell A1. Then, you put the number of times you’ll compound each year. For example, for daily compounding you would enter “365” (or 360 depending on the institution) in cell B1.

In the example used, you will find that the APY is 6.183%. In other words, if you get 6% annually with daily compounding, your APY = 6.183. Try changing the compounding frequency and you’ll get an idea of how the APY changes. For example, you might show quarterly compounding (4 times per year) or the unfortunate 1 payment per year (which just results in a 6% APY).

The APY Formula

If you like doing math the old fashioned way, here is how to calculate APY:

APY = (1 + r/n )ⁿ – 1 where r is the stated annual interest rate and n is the number of times you’ll compound per year.

Finance people will recognize this as the Effective Annual Rate (EAR) calculation.

Now that you are up to speed on APY and how it works, go out and find the best APY you can get!

Infoworld: Simple investment tips

noreply@blogger.com (Anonymous) — Thu, 17 May 2012 23:48:00 +0100

Infoworld: Simple investment tips

Useful investment options

noreply@blogger.com (Anonymous) — Mon, 14 May 2012 21:18:00 +0100

In my blog titled ‘simple investment tips’, I explained that after you have gained sufficient knowledge on investment strategies and determined your risk taking capability based on your investment goals, various investment options are available in the market on basis of these goals. One of the options I mentioned is investing for safety (high liquidity) – like bank deposits, money market mutual funds etc. They are also referred to as short term investment options because of their duration which can range between a day and 12 months.

Here I will discuss briefly investment for safety options with slight elaboration:

1. Bank savings account

This investment option is the most common form of investment option. It is used only for short-term (less than 30 days) surpluses. This investment option is often the first option people use for investment. , savings accounts offer low interest (2.5%-4% p.a.), making them only marginally better than closely comparable options like safe deposit lockers.

A bank savings account is a type of account designed to simply hold money that you do not need immediate access to. When contrasted with checking accounts, bank savings accounts tend to pay a slightly higher rate.

Savings accounts offer easy access to your cash. In other words, your money is liquid (meaning you can make a withdrawal easily and quickly) in a bank savings account.

Think about saving £1 per day for thirty days. This will amount to £30 per month. If you save £30 that you do don’t have to spend for another twelve months, which will give you £360 per year without interest. Assuming the bank decides to pay 2.5% per annum (i.e for 12 months) on your savings, your £360 would have earned additional 2.5% interest compounded either daily, weekly or monthly. I will explain this in details in my next blog. The bottom line is when you put your money in banks savings account; your money earns interest which is the opportunity cost of putting it into another use elsewhere.

2. Money market funds

According to Ivestopedia , Money Market Funds is ‘an investment fund that holds the objective to earn interest for shareholders while maintaining a net asset value (NAV) of $1 per share. Mutual funds, brokerage firms and banks offer these funds. Portfolios are comprised of short-term (less than one year) securities representing high-quality, liquid debt and monetary instruments. They explain that its purpose is to provide investors with a safe place to invest easily accessible cash-equivalent assets characterized as a low-risk, low-return investment.

Similar to your bank savings deposit, money market funds take your money and invest it. Then, they pay a portion of their earnings to you in the form of dividends. Money market funds usually pay a monthly dividend, but there are some alternatives out there.

This investment option offer better returns than savings account without compromising liquidity. Money market funds are a specialized form of mutual funds that invest in extremely short-term fixed income instruments such as Treasury Bills and Commercial papers. Unlike most mutual funds, money market funds are primarily oriented towards protecting your capital and then, aim to maximize returns.

Money market funds usually yield better returns than savings accounts, but lower than bank fixed deposits. There is no investment without risks therefore this investment options come with some. These include:

The fund is a form of security. There is no guarantee that that the share price will stay at amount quoted per share although fund managers attempt to keep the price constant. High risks mean that the funds return high yield than banks savings account.
Money market fund rates are variable. In other words, you don’t know how much you’ll earn on your investment next month. The rate could go up or down. If it goes up, that may be a good thing. However, if it goes down and you earn less than you expected, you can end up needing more cash.
Money market funds returns can diminishes over time with inflation. Because money market funds are considered to be safer than other investments like stocks, long term average returns on money market funds tends to be less than long term average returns on riskier investments. However, the strategy of the fund is to invest on a short term basis.

The best place to find out about a money market fund is the fund's prospectus. You should always read one of these before buying any fund, and you can really learn a lot by reading the prospectus from several different funds. For instance, free information on prospectuses and reports can be found here.

3. Bank fixed deposits

This investment option is for investors with low risk appetite, best for 6-12 months investment period. Also referred to as term deposits, this product would be offered by all banks. Minimum investment period for bank Fixed Deposits (FDs) is 30 days. This investment options shall be ideally used to the period of 6 to 12 months. Normally interest on bank less than 6 months bank FDs is likely to be lower than money market fund returns. It is important to plan your investment time frame while investing in this instrument because early withdrawals typically carry a penalty.

Term deposits are an extremely safe investment and are therefore very appealing to conservative, low-risk investors. By having the money tied up you'll generally get a higher rate with a term deposit compared with a demand deposit.

What are the main features of Fixed Deposit Account?

The main features of fixed deposit account are as follows:-

The main purpose of fixed deposit account is to enable the individuals to earn a higher rate of interest on their surplus funds (extra money).
The amount can be deposited only once. For further such deposits, separate accounts need to be opened.
A high interest rate is paid on fixed deposits. The rate of interest may vary as per amount, period and from bank to bank.
Withdrawals are not allowed. However, in case of emergency, banks allow to close the fixed account prior to maturity date. In such cases, the bank deducts 1% (deduction percentage many vary) from the interest payable as on that date.
The depositor is given a fixed deposit receipt, which depositor has to produce at the time of maturity. The deposit can be renewed for a further period.

As you keep in mind the investment advice set out above, never invest capital required for your survival. Invest only that money that you can afford to lose completely and seek advise from a professional financial advisor if you in doubt.

To your success.

Ayodele Ojo

Investment and Wealth Management tips

noreply@blogger.com (Anonymous) — Thu, 16 Feb 2012 23:43:00 GMT

Guidelines to creating own Forex trading system

There are several things we want to achieve when creating Forex trading system:

1. Find entry points as early as possible.

2. Find exit points securing maximum gains.

3. Avoid fake entry and exit signals.

If accomplished, these three goals will yield a profitable trading system.

Simple investment tips

noreply@blogger.com (Anonymous) — Fri, 30 Dec 2011 02:17:00 GMT

Investment tips are often the simplest ones - and yet, it's amazing how many people overlook the basics.

Understand why you want to invest

Investment is not an option it is a necessity. People do investments to meet their financial goals. Everybody has their own personal financial objectives of life.

Investing is a way of using money to make more money. Investment purpose mainly centres on financial security since you cannot be assured that you will be able to work forever, and more people don't want to. It is a way of making sure that even after retirement you still have a source of income that will sustain your way of living. There are risky as well as risk-free investments, and with any investment where risk is involved, you'll either loose or gain money.

There are many types of investment that you can choose from, and one example is stock investment. Investing in stocks is preferred by many people because it may give higher returns much quicker when compared to bonds and real estate. If you hold a stock for a year or more before you decide to sell it, instead of paying your standard rate, you'll only be taxed 15% which is a long term capital gains rate. It is also easy to diversify provided that you invest in a variety of stocks. This way, it will not create a very big impact if only some of those investments go down.

Know your risk taking capability from the start

Investment tips are based on assumption that an investor knows his risk taking capabilities. Let us take an example; a person earns around $1000 per month and is able to save $300. Ideally his risk taking capability becomes $300, but it is not always like this. Out of $300 he has observed that in some months he needs to take around $80 from this savings. Means his risk taking capability is reduced to $220($300-$80). He has also observed that he needs to keep at least $50 as his cash reserves (cumulating) each month for contingency. Hence his risk taking capability becomes $170 ($220-$50). This $170 is that money that even if it gets stolen (worst case scenario) it will not affect his living standard. Once one knows this figure ($170), this becomes his ultimate risk taking capability. There are people for whom this figure is in negative; such people should not venture into stock market investments. But very often the reverse is true, only such people (who has no spare money) puts their hard earned money into stock market for making quick bucks. Therefore, you should understand your risk capacity before deciding on your investment.

Sources of investment tips

In fact, you will be amazed that investment tips are obtainable all around but it takes personal effort and savvy to discover them. Investment tips are available at the marketplace; the daily news papers, news media, online advisors, banks, post offices, family, foes and friends alike. With every investment opportunity, it is up to the individual investor to consider what area of investment and how best to carry out this activity.

Many useful books are written in a very lucid and simple way so that even a layman can understand. As a beginner you can start your investment exercise by studying those books. These books will provide you with fair idea about stocks, bonds, shares, dividends and all financial aspects which are important to investing.

For instance, if you are indeed interested to invest in the real estate sector and earn money, to begin with, you can look out for a job in the real estate sector. This will provide you with ample insights about the real estate market. Once you gather sufficient knowledge about the real estate industry, you can start the humble beginning to invest in the real estate sector. So, all these tips boil down to a single thing, which is 'education'. Only proper knowledge about the industry as well as the company, in which you are investing in, can make you a successful investor. Gaining knowledge is one of the best ways you can help yourself grow as a person.

If you are to invest in stocks, your stock market fundamentals must be straight before you start using investment tips via this route. Stock investment has always been fraught with rumours related to risks involved with stocks market investments. But it must be understood that risk level in stock investment is a result of ‘uninformed and unplanned’ decision. However, a good investment strategy will pay returns year after year. Usually the buy-and-hold, long term strategy investment, as advised by Warren Buffet may be your best bet. Do not get caught up in the “hot tips” lifestyle, you cannot afford to get burn, not even once in your lifetime. Buy stocks with fundamentals, the ones you can hang on to for long term with good dividend yield. Avoid penny stocks that can give you high percentage of earnings but with no solid hold. Use your head not your heart whenever investing is concerned.

Diversify through investment options

After you have gained sufficient knowledge on investment strategies and determined your risk taking capability based on your investment goals, various investment options are available in the market on basis of these goals:

Investing for safety (high liquidity) – like bank deposits, money market mutual funds etc
Investing for income – Companies deposits, Government Securities (G-sec) and Treasury Bills (T-bills), preferred stocks etc
Investing for growth – Domestic and overseas stocks & equity mutual funds
Investing to fight inflation – Gold, residential real estate, bonds etc.

Knowledgeable and well informed investors excel in between the group of average and mediocre investors simply because they are aware of the various investments options available at their disposal. Investors can pick their options depending upon their investment goal with respect to time and their risk taking capability. Investment options that offer low risk produces lower returns; and options which can give high returns carries high risk. In other words, the lower the risks, the lower the returns while higher risks investments will bring high returns. Different investment options offer various levels of risk. Investors can choose the investment options of their choice depending on the level of risks they can take. Investment market of today provides many investment products like stocks, bonds, fixed deposits, debentures, gold/silver, real estate etc.

Useful guide to keep in mind is that nobody can eliminate financial risks completely. The idea is to mitigate these risks. For instance, in my earlier analysis above, if the investor’s risk taking capability of $170 is available for investment, it should be invested across various investment products and not one in order to maximize his profit at maturity. This is what diversification does to mitigate financial risks.

In conclusion, you have to plan an investment strategy so that you can choose from the available investment options based on your initial goals. Keep in mind the investment advice set out above. Never invest capital required for your survival. Invest only that money that you can afford to lose completely.

To your success,

Ayodele Ojo

Personal Development Self Help

noreply@blogger.com (Anonymous) — Sun, 4 Dec 2011 23:35:00 GMT

One of my friend forwarded to me an article written by Jim Rohn titled ‘The Miracle of Personal Development. It was such a very interesting and thought provoking piece and I hope you will enjoy it.

One day my mentor Mr. Shoaff said, “Jim, if you want to be wealthy and happy, learn this lesson well: Learn to work harder on yourself than you do on your job.”

Since that time I’ve been working on my own personal development. And I must admit that this has been the most challenging assignment of all. This business of personal development lasts a lifetime.

You see, what you become is far more important than what you get. The important question to ask on the job is not, “What am I getting?” Instead, you should ask, “What am I becoming?” Getting and becoming are like Siamese twins: What you become directly influences what you get. Think of it this way: Most of what you have today you have attracted by becoming the person you are today.

I’ve also found that income rarely exceeds personal development. Sometimes income takes a lucky jump, but unless you learn to handle the responsibilities that come with it, it will usually shrink back to the amount you can handle.

If someone hands you a million dollars, you’d better hurry up and become a millionaire. A very rich man once said, “If you took all the money in the world and divided it equally among everybody, it would soon be back in the same pockets it was before.”

It is hard to keep that which has not been obtained through personal development.

So here’s the great axiom of life:

To have more than you’ve got, become more than you are.

This is where you should focus most of your attention. Otherwise, you just might have to contend with the axiom of not changing, which is:

Unless you change how you are, you’ll always have what you’ve got.

Personal Development

To attract attractive people, you must be attractive. To attract powerful people, you must be powerful. To attract committed people, you must be committed. Instead of going to work on them, you go to work on yourself. If you become, you can attract.

We can have more than we’ve got because we can become more than we are.

The big challenge is to become all that you have the possibility of becoming. You cannot believe what it does to the human spirit to maximize your human potential and stretch yourself to the limit.

Pity the man who inherits a million dollars and who isn’t a millionaire. Here’s what would be pitiful: If your income grew and you didn’t.

The most important question to ask on the job is not “What am I getting?” The most important question to ask on the job is “What am I becoming?”

It is hard to keep that which has not been obtained through personal development.

After you become a millionaire, you can give all of your money away because what’s important is not the million dollars; what’s important is the person you have become in the process of becoming a millionaire.

Jim believes that income seldom exceeds personal development. However, what you become directly influences what you get. Good personality goes a long way to preserve the wealth on a long term basis.

Personal development as a term may make us think it is just about oneself, but personal development is greatly enhanced through an interactive process: for instance, a conversation and debate with someone who shares the same interest. Sometimes we learn the most by teaching others–because it requires clarifying our own understanding.

Personal development ranges from changes you wish to make in your professional life to changes you wish to make in your home life. Regardless of which part of your life you want to focus on, changing one nearly always overlaps into the other.

Below are some tips that will help you get started and organized so that you can be the person you want to be.

Emulate others

Read up on what other people have done to become successful. The best way to learn how to avoid making mistakes in your career and your personal life is to discover the path that other people have taken toward self-fulfilment. Reading about the lessons they have learned will have a positive impact on your own personal development.

Raise the bar

Take a simple ordinary project that you are working on, and try to make it above and beyond what is expected. Once you can do this one time, you will be able to do it more often, and develop higher expectations for yourself. You will always want to put your best foot forward.

Develop passion for knowledge

Gaining knowledge is one of the best ways you can help yourself grow as a person. There is nothing wrong with going to the library and taking out books or audio books that can help you feel better about yourself and have a positive outlook on your goals and life in general. Do not procrastinate, the longer you put something off, the less likely you are to actually do it. You will also begin to forget why you wanted to do it in the first place. Accomplishing tasks and learning new things will help you grow as a person, so don't wait to get started on your projects. You can learn new language, sport, trade, musical instrument, song among others.

Think outside the box

Develop your wisdom by learning the difference between superficial language and the deeper meaning of what is said. No doubt you have heard many speeches that are full of eloquence and style, but which end up delivering nothing. Look beyond the flowery language and determine if there is any real substance. If you practice that, you will become more insightful. Make sure that you are always true to yourself. When you fake who you are to other people, you can lose who you really are. Do not do things that you think are wrong because others around you are telling you to.

Discover and improve on your comfort zone

Find what the best in you is and be true to it every day. This is the area where you have the best comparative advantage. In other words, what you find interesting to do and add value to you without any stress. Even though you might encounter many obstacles in your path to personal improvement, do not give up on your plans as giving up is a sure way to not reach a goal, and you will never improve. However, if you stay with your plan, even if progress has slowed down a lot, you will eventually get to where you want to be.

Personal development tips are there to serve as your guide in improving your personality. An improved personality helps the person overcome fear, increase concentration, cure bad habits, casts away public speaking nerves, becomes more charming and smart, learns how to love himself, value people around him, and achieve goals successfully. It should be accompanied with self discipline and determination, patience, and faith. You have to believe that the key to a better personality starts within yourself. For more of the personality development tips, you may do research through books, magazines, and the internet. It provides programs and useful information to further enhance your unique individuality.

More tips on personal development can be found here.

To your success,

Ayodele Ojo

5 easy steps to becoming a millionaire

noreply@blogger.com (Anonymous) — Tue, 24 May 2011 01:12:00 +0100

Who wouldn't want to be worth a million pounds? Many of us dream of achieving this goal, more often than not for the sake of the freedom financial stability would bring. So how can we get there? The answers are actually much easier than you might expect. Here are several easy steps to get you into the millionaires' club. Erin Joyce explains 5 easy steps to becoming a millionaire. The steps are as below:

1. Only marry once

According to 'The Millionaire Next Door' by Thomas J Stanley, PhD and William D Danko, PhD, the average millionaire is married with three children. The wives of these millionaires are good budgeters and most often described as even more frugal than their husbands. Interestingly, according to Stanley and Danko's survey, half of these wives do no work outside the home and of those who do, they are most likely to be teachers.

One upside of only marrying once is avoiding the costs of divorce and of subsequent weddings. The cost of a divorce depends on many factors including income, legal fees, court fees, and the assets a couple has and how they are divided. The average wedding cost in the UK in 2011, according to Wedding Magazine, is expected to be £18,605.

2. Live off one income

One of the advantages of having a life partner is the potential to pull in two incomes. If you are able, consider structuring your set expenses based on only one income, and save what comes in from the other income. Doing so strengthens your financial position in two ways: In case of an emergency or if one partner loses their job, you will not only have less set expenses to cover, but you will also have built up your net worth as a safety measure.

3. Choose the right career

According to The Millionaire Next Door: "Self-employed people make up less than 20% of the workers in America but account for two-thirds of the millionaires." The book goes on to list an average of 45 to 55 hours spent working per week, so by no means is this the self-employed fantasy of playing golf while your business grows.

The idea of the "right" career can encompass a myriad of factors. Ideally, this would be a career you enjoy, otherwise you likely won't be putting in the dedication required to be successful. The right career would also coincide with overall working trends, or at least not work directly against them. For example, starting a career in typewriter manufacturing may be something you are passionate about, but it would likely suffer due to the current technological trends.

4. Put your money in appreciating assets

According to Stanley and Danko, the millionaires in their survey invested nearly 20% of their realised household income each year. Nearly 20% of the household's wealth is held in "transaction securities such as publicly traded stocks and mutual funds" and the millionaires tended to rarely sell their equities. Only a very small number of the millionaires surveyed had ever leased a car; few even drove a new model. Half of those surveyed had lived in their homes for more than 20 years, which, as the authors point out, means they have probably enjoyed "significant increases in the value of their homes". Useful information on appreciating assets are available free on the internet.

The end result? These people put a financial priority on assets that will make them money, from their homes to their businesses.

5. Don't live the millionaire lifestyle

Warren Buffett's frugal lifestyle (especially relative to his net worth) is the prime example for this point. The average value of the surveyed millionaires' homes was £193,000. Put simply, those who spend their money on non-appreciating assets cannot put that same money in an asset that will net them a return and increase their wealth. If it is important to you to build your financial worth, stop spending it on new cars, toys and clothes. Warren Buffett is one of the wealthiest men in the world. During my research, I discovered how he developed his investment secrets ' The Intelligent Investor' by Benjamin Graham. You can download a copy free here

The bottom line

Becoming a millionaire is easier than ever. While this is a dream that will take work and discipline to achieve, it isn't as far out of reach as you might think. Be smart with your money and before you know it, you'll be able to count yourself among the world's wealthier citizens.

More information on useful investment tips can be obtained at Yahoo investment and finance

To your success,

Ayodele Ojo

Key Things I've Learned From Studying The Lives of Great Achievers

noreply@blogger.com (Anonymous) — Thu, 19 May 2011 00:40:00 +0100

I have come to think about the challenges of life gennerally and I wonder why some people have a distant edge over others.

As the saying goes that, neccesity is the mother of invention; many have attained lofty heights in their respective profession and careers. They have discovered their talents, nuture them to skills to provide solutions to life problem. They are the achievers; they believe in the will of survival against all odds.

The Articlce below lay further credence to my earlier assertion:

Key Things I've Learned From Studying The Lives of Great Achievers - By Josh Hinds

I've long been a student of those who have achieved high levels of success. Over the years I've noticed several common threads in the makeup of the people I've studied. I'd like to recount several of those traits for you in the hope that in identifying them, you can implement these qualities into your own life and in turn be better as a result.

Responsibility, Persistence, and Belief in your own greatness - In virtually all the cases I've studied, every person at some point was faced with obstacles that could have kept them from reaching the level of success they are at now. Certainly it would have been easy for each of these individuals to simply blame their life's circumstances for their lot in life and choose to surrender to the idea that greatness was not something they deserved.

Notice I didn't say that the "super achievers" I've studied did not have issues or pitfalls occur in their lives. No, what makes them different is that they accept the short falls and get on with the business of overcoming and correcting those things as quickly as possible.

My friend, the fact is that none of us can control where we come from, or the poverty that we may or may not have been born into. However, what we can do is to begin moving past what stands in our way now, and start doing what it takes to improve our place in life. To accept where you are now, because you might happen to have less then someone else is simply not an excuse that I hope you will allow to stand in your way.

I assure you that no matter what might be standing in your way, there is someone in the world that has a story of things that stood in their way that will put yours or mine to shame... Yet somehow they plugged on until they found the "magic key" that unlocked what was blocking their way.

As you move forward on your success journey and begin to believe that you are cut out for greatness be sure to reach for and review the countless stories of those that have overcome what was in their way and reached their own definition of success. Let these examples be your fuel as you move towards your own dreams. The reality is that you were born for great things, even if you can't fathom this to be true at this time in your life -- I assure you it is still so.

I'm not saying for a moment that it's always going to be an easy path to follow. After all, if life were all a bed of roses we'd all be living the good life. But sadly, that's not so, life takes work, it takes commitment, it takes a lot of persistence, and a commitment to oneself to be the best one possibly can be.

I'll leave you with this final point. If you knew just how much greatness is inside you I'm convinced it would absolutely amaze you -- you would live each day taking more chances because you knew that with each attempt you're one step closer to unlocking greater success. So my challenge for you at this very moment is to get on with the business of being the best you can be. Dream big dreams, plan and put the action necessary to bring out the great achievements you are capable of.

Yours in success, Josh Hinds (c) 2004

The candid truth is that you have one talent or the other deposited in you and onus is on you to discover and nuture it to greatness.

To your success
Ayodele Ojo
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