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www.sense2dollars.com
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Written by Administrator
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Saturday, 09 August 2008 07:49 |
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Sense2Dollars is your online resource for all things money-management.
Back story: A couple of technically-minded, intelligent individuals spent their days working like most others, and were hoping they could "hit it big" by playing the Powerball lottery. One day, the concept of taking the same amount of money being invested in the lottery - $2.00 per play (Powerball ticket with Power Play), 2 plays per week = $208.00 per year - came up as a joke. It was, in all honesty, an attempt to "tempt fate" by saying that, logically, m
onies invested in any traditional investment (i.e. stock market) should far out-perform monies invested in non-traditionals (i.e. lotteries) and in turn hoping that, just to prove common sense wrong, the lotto would strike big instead of the seemingly obvious, the market.
Originally created as a way to document an admittedly silly idea, the ideas generated from discussions about how to gain financial security, and general wealth management, have become the cornerstone of the Sense2Dollars project.
We practice what we preach and, better than that, we show you the actual results! |
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Last Updated on Sunday, 24 January 2010 04:11 |
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Written by Administrator
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Friday, 15 January 2010 00:00 |
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The Sense2Dollars team has millions of good reasons to be smiling about the release of Sense2Dollars.com.
In fact, those millions of reasons are more commonly referred to as $1.00 bills!
If you're interested in gaining financial ground, security, peace of mind and general overall wealth, you are in the right place!
Go on ... get your FREE content on Sense2Dollars today and spread the word about this benchmark project. |
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Last Updated on Saturday, 30 January 2010 01:00 |
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The Pay Yourself First Method |
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Written by Administrator
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Friday, 15 January 2010 00:00 |
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"Pay yourself first" is an easy method of saving that not only creates a quick stockpile of cash, but also let's you do it without even thinking.
Primarily, PYF (Pay Yourself First), intercepts your income and hoards it away before you even knew it was there. Budgets, discretionary spending, and even bills are all paid after your PYF plan is executed.
Additionally, PYF allows you to LIVE WITHIN YOUR MEANS! This is a key to success in building wealth.
By skimming a little off the top, before you or your expenses even have access to this money ensures that you are putting some wealth aside for use later.
You will need this chunk of cash to implement your grand wealth building plan! |
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Last Updated on Sunday, 24 January 2010 04:12 |
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Written by Administrator
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Sunday, 24 January 2010 02:57 |
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What exactly are investments?
The word "investment" means, in its simplest terms, putting something you own today on the line, or at stake, in hopes of receiving something in return of greater value in the future.
In the financial world, people invest money - into stocks, bonds, mutual funds, etc. In the world of human interaction, people invest their time, their knowledge, their hearts - into hobbies, education, relationships, etc.
Whatever it is you're investing with, you have to know there is risk involved - whether it's because you dumped all your savings into the market, or just because you asked someone out on a date. Smart investing means eliminating or, more realistically, minimizing that risk - that anxiety, that fear - and by "eliminating", we do NOT mean "ignoring". When you can take a level-headed look at all the possible outcomes of a scenario based on existing situational knowledge, you can determine the possible risk involved, and in turn make wiser decisions about how much you want to invest, or whether you want to invest at all!
As previously stated, investing costs something today with the possible outcome of a reward in the future - that future could be 10 seconds from now, or 10 years. Whatever it is you're trying to gain via investments, it generally takes more time for better results - and yet, there are overnight millionaires! Those who "get lucky" or "hit it big" - and they're not all winners of a random drawing of sorts - they could just be very, VERY good at minimizing risk and knowing when to invest.
We're here to show you things we've tried - what we've done - what worked and what didn't - and to show you how we hope to make YOU better at minimizing your risks and maximizing your investments!
-- The S2D Team --
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Last Updated on Sunday, 24 January 2010 04:12 |
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Copyright © 2010 www.sense2dollars.com. All Rights Reserved.
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