UAE money blog ...your way to money success ...

This is a test

noreply@blogger.com (Talal Salim Al Sabiri) — Sat, 18 Oct 2008 00:00:22 PDT

this is a test for posting

looking for new business Ideas

noreply@blogger.com (Talal Salim Al Sabiri) — Tue, 18 Dec 2007 07:04:20 PST

Newbies are always looking for new business ideas, without taking real actions towards one good idea..

Never forget that all what you need is one good idea that can generate cash flow if your really put your heart and soul into it .

This is idea should be what you really love, doing what you love is the edge that will lead you to your financial goals.

It does not matter if this idea is simple or complicated new or old just find it believe in it and keep doing it and finally you will be succeeded.

When you get a fresh Idea Please take these point into cinsideration :

Don't over think it
Take Action
Don't ask non-related people
Study it well
Don't assume, but study it well

Positive Money attitude

noreply@blogger.com (Talal Salim Al Sabiri) — Sat, 15 Dec 2007 19:54:12 PST

Feeling the Job security in the society creates a comfort zone in the whole society and it even creates bad habits and negative thoughts about money, it also avoid anything that might take you out of the comfort zone.

when you tell any one from your relative that you are planing to leave the job and enjoy the financial freedom they think that you don't want to work !! where as if you really think on this manner you have to work more specially in the first stages to get your tools and change your mental attitudes and set all the plans and find the business that suites you and the one that you really enjoy doing ... at your own convenient..

suffering from home equity loans

noreply@blogger.com (Talal Salim Al Sabiri) — Thu, 13 Dec 2007 00:20:42 PST

Many people are suffering from home equity loans, misusing credit cards and debt problems, most of those people are earning money the hard way by having a job, jobs are always limited in a sense that if you put more time in your job what will you get maximum??

A pay raise!!

Not bad but the real challenge here is that most emplyees forgot the way to be creative and they end up waiting for the pay check living in the comfort zone thinking that this is the best way to live ..

Getting out of debt and home equity loans, misusing credit cards needs more on the psychology part where you need to work on your internal for it to be reflected on the externals, and you need to focus on having residual multiple streams of income and use leverage properly to get what you want think of the below residual income stream that you can find many articles on the internet taking about how to use them effectively and try to try to use more creative money making ideas on the internet or other ways around:

1-making money online
2-real estate cash flow
3-home based business (make money from home)
4-Online Marketing and MLM

Risk and Reward

noreply@blogger.com (Talal Salim Al Sabiri) — Wed, 12 Dec 2007 19:33:30 PST

John Maxwell has a very good book called the difference maker, in this books he present the attitude as the difference maker.

Some people says that attitude is everything .. the attitudes comes from many aspects such as, personalities, enviroment, people talk etc.

all these things affect your attitude and your responsability taking wich is the respond ability.

so going back to the title it is about you once you decide to take the responsibility you will look into your attitude and you will know that you are the one who decide if something is risky or secure based on what you know ..

and as they say when your are not risking then you are risking more ...

Being Guided by the Public

noreply@blogger.com (Talal Salim Al Sabiri) — Wed, 12 Dec 2007 01:43:28 PST

do you know about what is called mirroring effect ??

mirroring effect is when you do something just because someone done it in front of you ..

This thing really might control your life financially and you will be doing things and take buying decision just because someone has done it ..if you really concentrate on your behaviuors you will discover lots of aspects that was poured into your life without even you knowing about them and if you starting tapping into those behaviuors and try to change them slowly you will be mazed on how this will work for you and then you will be controlling your decisions and taking your life towards the targets that you set for your self and you will be following the direction you really want to follow and you will never be guided by the public.

Accepting What you Have

noreply@blogger.com (Talal Salim Al Sabiri) — Tue, 11 Dec 2007 20:16:48 PST

In order to synchronize properly with your money desire and live the life style you want you have to accept what you already have and feel happy about it, of course this does not mean in any how living in the comfort again because once you have stepped out of your comfort zone you will never want to come back and the continuous reading and listening to Audio books and attending seminar with proper practicing what you get as knowledge will soon be translated to actions and results and will be reflected into your life ...

Dealing with money

noreply@blogger.com (Talal Salim Al Sabiri) — Wed, 10 Dec 2008 14:23:25 PST

Money subject is one of the critical subjucts that people often avoid talking about, you don't learn how to deal with money in shchool and most people have bad experience with money from childhood living the proverty, several points needed to be considered when dealing with money as every dollar should be a slave and it's only job is to make more money take these points think about theem and see how you are dealing with them :

Saving money

Giving money

Investing money

Keeping money

Leverage Will Take you there

noreply@blogger.com (Talal Salim Al Sabiri) — Wed, 10 Dec 2008 14:23:25 PST

Many people do not know the real mean of leverage,

Leverage : is getting more by using less

you can use other people's time or money, when you are an employee you are probably trading your time for money and the business owner is using your time for his benefit.

the other form of leverage is using other people's money by letting them to invest in your idea or using the bank's money .

All rich people know how to use leverage to their benefit effectively and know how to delegate their work to other people and use their time properly by using business systems to manage the business in a professional way..

many smart people think that no one can do the work but them but this will cost more usually..

Be Patient

noreply@blogger.com (Talal Salim Al Sabiri) — Mon, 10 Dec 2007 01:01:08 PST

.. Having a business idea is a good thing, but what is even better than having the idea is to go ahead and implement the idea in a professional way, in the implementing process people usually have tendency to lose patience as they go in time, make sure you give your self and your business enough time to grow as if you are growing a tree you will never put the seeds in the sands and come the next day dig to see what happened make sure when you have an idea :

At least 10% new it doesn't have to be from the other planet to be a success story
You are willing to do what ever it takes this means that you really believe in the idea and you have strong faith in your self and in the idea
Study hard all the aspects behind the idea and find a similar idea but never let the studying period paralyze you from taking action
Put a project plan to implement your idea and to execute it properly

Being Your Own Boss

noreply@blogger.com (Talal Salim Al Sabiri) — Sun, 09 Dec 2007 22:26:43 PST

most of the people feel that the job is the secure way to make money in fact it is not it is the easy way because everybody is doing it, the matter of fact is that most of the people just do what their parents did, most doctors have doctors sons, funny isn't it !!

because when you grow in an environment it just sticks in your mind and you feel that this is the right way, where if you think about it carefully any way could be the right way as two different people choose two different ways and finally reach the same destination, this is the type of mentality that should stick into your money mind set as money can come from a job or from a business and has nothing to do with scurity you can be a risky business man and you can be a risky employee when it comes to dealing with money so think carefully of your believes about money and how psychlogy plays with you and be more concerned to change anything that does not aline with your goals.

Envision Your success

noreply@blogger.com (Talal Salim Al Sabiri) — Sun, 09 Dec 2007 21:45:10 PST

Most of successful people envision their success they do this daily bases be putting target and simulate getting this target, living your success and achievement is a benefit of your continuous reading and seeking knowledge this is where they refer to leaders as vision oriented, start your day by feeling good and by taking responsibility of your happiness and enjoying life with family and by giving to community and humanity and by contributing your money back to the society.

Home Based Businesses

noreply@blogger.com (Talal Salim Al Sabiri) — Wed, 10 Dec 2008 14:23:26 PST

using the internet now adays it looks easy to every one to setup an internet business, it is really easy but the main aspect that people and even companies doesn't know is that they need to build a good customer relationship, by updating the website and getting interested people to know your progress and get lots of free stuff about the subject you are promotting weather it is a service or a product or anything else, identifying the customers and the targeted customers will ease your job to select the material of the website and the representation that you use.

Setting Your Money Thermostat

noreply@blogger.com (Talal Salim Al Sabiri) — Wed, 10 Dec 2008 14:23:26 PST

Setting your money thermostat is very important in terms of achieving your financial goals, because if you set your money thermostat to be out of debt you will always be there and if you set it to be a Millionaire you will be there it is very important to program your subconscious mind to get what you want and what you really desire, there is not limit but what you put for your self .

Trading on DEMO

noreply@blogger.com (Talal Salim Al Sabiri) — Sun, 09 Dec 2007 21:32:44 PST

Newbies are always requested to start trading using demo accounts especialy in the forex market but simply they don't get it. and the problem is that most novice traders think that they are smarter than the market and they will perform well only being smart, but the emotional aspect in trading and the problem of haveing lots of knowledge on the World Wide Web let you really look for the holly grail and forget the simplicity aspect that can make you huge amount of money trading a very simple method in the direction of the trend.

MT4 Indicators

noreply@blogger.com (Talal Salim Al Sabiri) — Thu, 28 Jun 2007 22:51:40 PDT

http://www.forexmt4.com/mt_yahoo/

From Two Audio Books

noreply@blogger.com (Talal Salim Al Sabiri) — Sun, 09 Dec 2007 21:36:46 PST

Brian Tracy is one of the effective people that have series of audio books that you can listen while driving, his audio book and many other audio books keeps you alerted to develop your self and be motivated towards your work and personal goals, in his audio book thinking big he has mentioned the word GREAT as he described successful and GREAT people in this way:

Goal oriented they focus on their goals properly and ignore any distraction
Result oriented the results are there occurring patterns that they learn from and
Excellency oriented they always look for excellencies in any work they do
Action oriented they do not wait to take actions until it is too late
Time oriented they set times for the goals and monitor the performance by time

In another audio book I was listening to which really talks about management and how great companies are the best environments for the talented employees the book is named "First Break All Rules" started with twelve questions that identify whether the environment you are working on suites you or not these questions should be asked by any manager to the staff to know where they are and how committed they will be towards the job as he focus that a good manager should be able to:

Select good people
Set Expectations for them
Motivate them
Develop them

As the direct supervisor or manager is more important to the employee; from the whole companies' environments, although they are very important. The twelve question are below and each of them will have a rate from 1 to 5 and there are conflicting patterns in them that shows a good rating for the environment in the company.

The Twelve Questions to Measure the Strength of a Workplace
1. Do I know what is expected of me at work?
2. Do I have the materials and equipment I need to do my work right?
3. At work, do I have the opportunity to do what I do best everyday?
4. In the last seven days, have I received recognition or praise for doing good work?
5. Does my supervisor or someone at work seem to care about me as a person?
6. Is there someone at work who encourages my development?
7. At work, do my opinions seem to count?
8. Does the mission/purpose of my company make me feel my job is important?
9. Are my co-workers committed to doing quality work?
10. Do I have a best friend at work?
11. In the last six months, has someone at work talked to me about my progress?
12. This last year, have I had the opportunity at work to learn and grow?

To Trade or not to trade

noreply@blogger.com (Talal Salim Al Sabiri) — Sat, 23 Jun 2007 22:01:29 PDT

Many semi traders enters the markets for the sake of it, and they just practice their bad habits and reflects the emotional baggage in the market. I have asked one of my friends why are you trading ? he said in a very simple answer to make money. If making money is easy in the markets then why should anyone do something else? It takes around 5 years to be and engineer or a dentist but people thinks that it takes only an account to be trader, as they start gambling without any knowledge and really think that experience will come from losing. The problem with those start ups is that they want to be lucky without knowing the rules of the game.

Paying for your Education

noreply@blogger.com (Talal Salim Al Sabiri) — Sat, 23 Jun 2007 21:53:21 PDT

lots of scams are there in the forex education business, but it is very important to pay for your education especially in the beginning of your trading learning process, as this payments will force you to be committed to learn and hence you value the education price and try to further apply what you got as knowledge and from there start growing your knowledge base wider and wider. One of the most important aspect that we hear often is the KISS (keep it simple silly) but we do not know it properly unless we really stuck with the complications the human mind build from the lack of confidence to apply the simple silly aspects of trading, go to Google and look for interviews with the best traders, what you will see is that most of them just use very basic aspects that you can get in any small cheap course or in any trading book, just give your self a chance to give them more time in your testing and applying period.

Rober T Kiyosaki and Donald trump

noreply@blogger.com (Talal Salim Al Sabiri) — Thu, 21 Jun 2007 23:39:57 PDT

I have listened to Donald trump and Robert T Kiyosaki famous book, why we want you to be rich it is a very good book inspiring and share good aspects about business and money, but it is that you don't get the full potential reading these book unless you are really into this heart and soul

Why We Want You to be rich

Woodies CCI Club

noreply@blogger.com (Talal Salim Al Sabiri) — Thu, 21 Jun 2007 23:21:30 PDT

when I was first introduced to woodiescciclub I really was exited to know more and more, I have printed the rules and the sheets listened to the free Audios available followed the chatting room there was lots of good stuff there but it did not work for me why not sure maybe that I did not give it enough time of just this style does not suites me but take a look if you did not pass through it is a good to learn

Woodies CCI Club

Forex Scam

noreply@blogger.com (Talal Salim Al Sabiri) — Thu, 21 Jun 2007 03:02:48 PDT

I was reading in one of the forums and one of the newbies wrote about the forex scam and the brokers the does the stop lose hunting and so, the idea behind trading where most of the people do not really realize is to study market conditions and probabilities and be profitable in any condition as an over whole, using any strategy that work with you. it is not about the broker or the time although this might affect the results but at the end taking responsibility is what a trader should learn and apply to be profitable in any market, and be able to change strategies to fit the market, I have recommended this site to check the views on the forex services from managed fund and signals and training and so.

http://www.forexbastards.com

Financial Freedom

noreply@blogger.com (Talal Salim Al Sabiri) — Thu, 21 Jun 2007 00:37:02 PDT

When I was first inroduced to financial freedom aspects I was wondering why some people have more moeny than others, although the income does not come into the picture as there are rich people with low income and there are poor people with high income that triggerd my mind until I have read Robert Kiyosaki's book rich dad poor dad that hook my mind about getting lots of audio book and start reading about financial freedom aspects and passive income. One of the greatest people I havve listtend to is T Harv Eker where he focus on the psychology of money the his book secrets of the millionaire mind really changed the way I look to money and life, I have started measuring the life as business aspects. wealth is not how much money you make but it is how much money you keep, and investing is the first step you should do starting from buying important books and education that will lift you from where you are. Many people are looking to get rich quickbut this require hard work and knowledge, building wealth is a plan so wish you start today and continue for ever until you reach the level that you don't have to worry about money.

Record Taking

noreply@blogger.com (Talal Salim Al Sabiri) — Wed, 20 Jun 2007 23:50:54 PDT

Always when trading or when inter acting in the life, a wise person will record what ever he passes through, because as human being we have the tendency to forget, and this habit might be eliminated by recording in a note book what ever you pass through the day. This also applies with trading because you cannot get the butter from the past valuable experience you are pass in through without putting it as a reference where soon or later you will discover some good habits that you will encourage within your self and you will eliminate bad habit slowly until you reach your full potential.

The Psychology of Trading

noreply@blogger.com (Talal Salim Al Sabiri) — Wed, 20 Jun 2007 11:54:48 PDT

The biggest aspect in the trading business is the psychology that mainly includes to emotions, fear and greed, those two emotions fully control the newbies although they say that we never have emotion problems. only by experience or knowledge from reading or training you can be sure that this is the biggest trick the human mind might play on you as you can lose a trade and be happy and win a trade and be sad yes that's really happens!!! when you are in a trade and you are out for profit and the market continue you will be a sad winner and if you are out for loss and the market goes into the losing direction you are a happy loser, that's why it takes time to get the psychology problems solved before being profitable in the markets.