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Business & Investing Saturday June 25, 2011 Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv Eker   Your Money Blueprint We live in a world of duality: up and down, light and dark, hot and cold, in and out, fast and slow, right and left. These are but a few examples of the thousands of opposite poles. For one pole to exist, the other pole must also exist. Is it possible to have a right side without a left side? Not a chance. Consequently, just as there are "outer" laws of money, there must be "inner" laws. The outer laws include things like business knowledge, money management, and investment strategies. These are essential. But the inner game is just as important. An analogy would be a carpenter and his tools. Having top-of-the-line tools is imperative, but being the top-notch carpenter who masterfully uses those tools is even more critical. I have a saying: "It's not enough to be in the right place at the right time. You have to be the right person in the right place at the right time." So who are you? How do you think? What are your beliefs? What are your habits and traits? How do you really feel about yourself ? How confident are you in yourself ? How well do you relate to others? How much do you trust others? Do you truly feel that you deserve wealth? What is your ability to act in spite of fear, in spite of worry, in spite of inconvenience, in spite of discomfort? Can you act when you're not in the mood? The fact is that your character, your thinking, and your beliefs are a critical part of what determines the level of your success. One of my favorite authors, Stuart Wilde, puts it this way: "The key to success is to raise your own energy; when you do, people will naturally be attracted to you. And when they show up, bill 'em!" WEALTH PRINCIPLE: Your income can grow only to the extent you do! Why Is Your Money Blueprint Important? Have you heard of people who have "blown up" financially? Have you noticed how some people have a lot of money and then lose it, or have excellent opportunities start well but then go sour on them? Now you know the real cause. On the outside it looks like bad luck, a downturn in the economy, a lousy partner, whatever. On the inside, however, it's another matter. That's why, if you come into big money when you're not ready for it on the inside, the chances are your wealth will be short-lived and you will lose it. The vast majority of people simply do not have the internal capacity to create and hold on to large amounts of money and the increased challenges that go with more money and success. That, my friends, is the primary reason they don't have much money. A perfect example is lottery winners. Research has shown again and again that regardless of the size of their winnings, most lottery winners eventually return to their original financial state, the amount they can comfortably handle. On the other hand, the opposite occurs for self-made millionaires. Notice that when self-made millionaires lose their money, they usually have it back within a relatively short time. Donald Trump is a good example. Trump was worth billions, lost everything, and then a couple of years later, got it all back again and more. Why does this phenomenon occur? Because even though some self-made millionaires may lose their money, they never lose the most important ingredient to their success: their millionaire mind. Of course in "The Donald"'s case, it's his "billionaire" mind. Do you realize Donald Trump could never be just a millionaire? If Donald Trump had a net worth of only 1 million dollars, how do you think he'd feel about his financial success? Most people would agree that he'd probably feel broke, like a financial failure! That's because Donald Trump's financial "thermostat" is set for billions, not millions. Most people's financial thermostats are set for generating thousands, not millions of dollars; some people's financial thermostats are set for generating hundreds, not even thousands; and some people's financial thermostats are set for below zero. They're frickin' freezing and they don't have a clue as to why! The reality is that most people do not reach their full potential. Most people are not successful. Research shows that 80 percent of individuals will never be financially free in the way they'd like to be, and 80 percent will never claim to be truly happy. The reason is simple. Most people are unconscious. They are a little asleep at the wheel. They work and think on a superficial level of life—based only on what they can see. They live strictly in the visible world. The Roots Create the Fruits Imagine a tree. Let's suppose this tree represents the tree of life. On this tree there are fruits. In life, our fruits are called our results. So we look at the fruits (our results) and we don't like them; there aren't enough of them, they're too small, or they don't taste good. So what do we tend to do? Most of us put even more attention and focus on the fruits, our results. But what is it that actually creates those particular fruits? It's the seeds and the roots that create those fruits. It's what's under the ground that creates what's above the ground. It's what's invisible that creates what's visible. So what does that mean? It means that if you want to change the fruits, you will first have to change the roots. If you want to change the visible, you must first change the invisible. WEALTH PRINCIPLE: If you want to change the fruits, you will first have to change the roots. If you want to change the visible, you must first change the invisible. (Continues...)         BookDaily Top Five A Dance with Dragons: A Song of Ice and Fire: Book Five Heaven is for Real: A Little Boy's Astounding Story of ... In the Garden of Beasts: Love, Terror, and an American ... Reckless Endangerment: How Outsized Ambition, Greed, and ... Bossypants   Business & Investing Top Five Reckless Endangerment: How Outsized Ambition, Greed, and ... The Social Animal: The Hidden Sources of Love, Character,... The 7 Habits of Highly Effective People The Road to Serfdom: Text and Documents--The Definitive ... The Intelligent Investor: The Definitive Book on Value ...

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Today in Slate: Supreme Court Year in Review; Plus, Why Google Should Buy Hulu

Today: June 24, 2011 Lights, Camera, Impasse Why there's no need to worry about the long-awaited breakdown in debt-ceiling negotiations. By John Dickerson READ FULL STORY | More News and Politics Goolu Why Google should buy Hulu. By Farhad Manjoo READ FULL STORY | More Business and Tech Supreme Court Year in Review Sometimes the end-of-term drama obscures the truth. By Paul Clement READ FULL STORY | More Life The Real Reason It's So Hard To Predict Bubbles Cars 2 Just Doesn't Have the Horsepower of the Pixar Greats Phyllis From The Office Reminisces About Her Days as an NFL Cheerleader Wilfred: A Stoner Comedy for People Who Are Not Necessarily Stoned Advertisement Help! I Have Sex With the Couple Next Door. Should I Tell My Son?   Briefing Palinisms: Did she really say that? Whitey Bulger arrested: How does the FBI set rewards for fugitives? News & Politics Obama's Afghanistan withdrawal: The case for making the world unsafe. Jose Antonio Vargas comes out as an illegal immigrant. But that's just the beginning of the story. Arts Writing young-adult fiction: Better than going to the prom. "Ooo Baby Baby" Life Adam Mansbach's Go the F**k to Sleep: Are yuppie parents sexless and self-pitying? Galliano trial: The designer's depressing anti-Semitism. Business & Tech Chinese banks: What the U.S. financial industry can learn from them. Capital requirements: Why they wouldn't have prevented our most recent financial crises. Science Drones and the CIA: Can we wage a global war without troops or allies? Who's still tracking radiation from Fukushima? And who should we trust?

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Culturebox: Stoner Dog to the Rescue

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television Stoner Dog to the Rescue A depressed lawyer befriends an unusual talking canine in the comedy Wilfred. By Troy Patterson Posted Thursday, June 23, 2011, at 10:05 PM ET The title character of Wilfred (FX, Thursdays at 10 p.m. ET) is a dog. Though I have sat raptly through the Australian comedy series on which it is based and--somewhat less raptly--through three episodes of the thing itself, I am not certain what sort of dog Wilfred is meant to be. An Australian cattle dog, perhaps? (Jason Gann, who dons a dog suit in each version of the show, goes over the top with a Down Under boorishness that is the best thing on-screen, but the patterning of his coat isn't at all right.) Is he just a lovable mutt crossbred with a nervous cur, a tramp and scamp? Does the Westminster Kennel Club recognize the "babehound" as a distinct breed? This pooch is very devoted to attempting to hump things, especially hot waitresses. In any case, Wilfred is a drug-sniffing dog in the sense that he owns a bong made out of a plastic juice bottle, and Wilfred, the FX series, is a stoner comedy that somehow behaves as if it's goofy on pills. Whereas the original had a homey shaggy charm and a coherent internal logic, the remake is crisper and weirder and queasily dystopian and slightly Apatowized. FX likes comedies with a dark streak, and this one certainly qualifies. It's a fondly nihilistic portrait of the relationship between an effete depressive (Elijah Wood) and the man's-best-friend-next-door. To continue reading, click here. Troy Patterson is Slate's television critic. Join the Fray: our reader discussion forum What did you think of this article? POST A MESSAGE | READ MESSAGES Also In Slate The Real Reason It's So Hard To Predict Bubbles Cars 2 Just Doesn't Have the Horsepower of the Pixar Greats Phyllis From The Office Reminisces About Her Days as an NFL Cheerleader	Advertisement
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Moneybox: The Hindsight Fallacy

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moneybox The Hindsight Fallacy The real reason it's so hard to predict bubbles. By Duncan Watts Posted Thursday, June 23, 2011, at 12:09 PM ET The recent sky-high IPO of LinkedIn, along with eye-popping valuations for other social networking and shopping companies, has raised concerns that we are now in the midst of another technology bubble, this one fueled by excessive investor enthusiasm for all things social. No sooner have these concerns been raised, however, than they have been countered by an array of arguments, all of which are variations on the basic claim that this internet boom is unlike the previous one. This debate illustrates one of the central causes of financial bubbles: Although after the fact it seems obvious that prices were irrational and an unhappy end was inevitable, bubbles are neither obvious nor inevitable at the time. To continue reading, click here. Duncan Watts is a principal research scientist at Yahoo Research, and author of Everything is Obvious*: Once You Know The Answer. Join the Fray: our reader discussion forum What did you think of this article? POST A MESSAGE | READ MESSAGES Also In Slate The Real Reason It's So Hard To Predict Bubbles Cars 2 Just Doesn't Have the Horsepower of the Pixar Greats Phyllis From The Office Reminisces About Her Days as an NFL Cheerleader	Advertisement
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China Now Second To U.S. In App Downloads, Crushing It On Growth

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		Tech Media Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Friday, June 24, 2011 Click To See The Interactive Model Click Here For Charts Courtesy of Yahoo! Finance Advertisement AAPL Down With The Market Stocks are down in early trading despite economic growth being revised modestly higher in the first quarter. Shares of AAPL are down about over 0.5% along with the tech tape, which is also trading in the negative. Catalysts include second quarter results released in July; the next iPhone launch this fall (see below); smartphone push into China and emerging markets; iCloud rollout and adoption; the continued evolution and next generation of Apple TV; and new platforms such as books / publishing and social (Ping). Shares of Apple trade at 11x Enterprise Value / Trailing Twelve Months Free Cash Flow(including long-term marketable securities), low versus historical standards. Research Firm Sees 14 Million iPads Sold This Quarter, Well Above Consensus (BGR) Sales of Apple’s iPad 2 tablet are set to explode in the third fiscal quarter, according to research firm CLSA. Citing LCD sales data, the firm thinks Apple will unload 14.4 million iPad 2 tablets, well above the consensus of between 10 and 12 million units. Apple has widely missed iPad sales estimates in the past, largely due to supply constraints. Read » The iPad Crushes Tablet Traffic By Country (comScore) According to a new comScore report, Apple's iPad is the number one tablet for surfing the Internet. Worldwide, the iPad makes up 89% of all tablet web traffic, with an astonishing, yet not so surprising, 97% share in the United States. This is despite the recent launch of the  Motorola Zoom, Samsung Galaxy, BlackBerry Playbook and HP Touchpad. Just goes to show you, the iPad is still the only tablet that matters. We will see what Amazon can do in a few months and what Microsoft can eventually bring to the table. Read » Apple TV Coming In 2012 Says Munster (Business Insider) An Apple television is likely to be released by the end of 2012, says Piper Jaffray analyst Gene Munster. Four reasons he thinks it's happening: iCloud makes an Apple TV more plausible Apple has been filing for TV-related patents The App Store would make an Apple TV a big deal Component pre-payments suggest it's coming When Apple dives into the television market, Munster estimates it will add $2 billion in revenue for 2012, $4 billion for 2013, and $6 billion for 2014. Read » iPhone Top Seller To Android By Nearly 3 To 1 At U.S. Carrier Shops (Electronista) The iPhone is the most popular phone at U.S. carrier shops by a wide margin, according to BTIG research analyst Walter Piecyk. About 20% of stores said Android was in a dead heat with the iPhone, and just 21% cited Android as being the front-runner. But Apple had the top spot at 58% of the two hundred and fifty AT&T and Verizon stores he contacted. Read » T-Mobile Supports 1 Million Unlocked iPhones (9To5Mac) As we all know, AT&T and Verizon are currently the only carriers in the U.S. which officially support the iPhone. However, T-Mobile USA has gone on record in stating that its network is now home to more than 1 million unlocked iPhones (the overwhelming bulk being 3G and 3GS models or pre-iPhone 4 micro-sim models). That would be 3% of their subscriber base. Read » iOS Is The Number One Platform Used To Access Apps In The U.K. (Guardian) The GSMA released its April Mobile Metrics report, which shows that 65% of devices using connected applications in the U.K. are powered by iOS; about 30% of devices run Android, and a meager 1% use Symbian (Nokia). A broader metric from comScore shows a similar trend with the iPhone grabbing 27.6% and Android snagging 24.7% market share in April. Read » Apps In Asian Are Taking Off, China Now Second In App Downloads (Distimo via GigaOM) Mobile developers should consider turning their attention to Asia, which is booming with mobile app downloads, according from Distimo. The overall Apple App Store download volume in Asian countries has "grown significantly" in the past six months, while some Western countries actually saw a decline in download volume over the same period. While China has now moved into second place in overall app downloads, South Korea actually outpaces China and Japan in download volume on a per capita basis. Read » Tim Cook In China Talking To The World's Largest Wireless Carrier (M.I.C. Gadget) Apple's chief operating officer, Tim Cook along with 7 or 8 other Apple people, were reportedly spotted at the headquarters of China Mobile, the largest wireless carrier in the world. 600 million customers are waiting for their iPhone. But its network isn't compatible with the iPhone, yet. China Mobile Chairman Wang Jianzhou said last month that the company had "reached consensus" with Apple on using TD-LTE in an iPhone to be offered by China Mobile. They could be talking about anything really. Read » Best Buy Has Its Head In The Clouds (Digital Trends) This is not even worth writing about but just to make investors aware, Best Buy is launching its own cloud-based music service. With Amazon, Google, and Apple assuredly to dominate, its quite a bold move to jump in with a "me too" at this point. The service is currently limited and will only allow users to connect to an iTunes library and users of the free version will only be able to listen to 30 seconds of a song. That they own. Next. Read » Get complete Apple coverage on Business Insider. Read » Heather Leonard is a former tech research associate at Goldman Sachs and co-host of Business Insider's daily video show. 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