Sunday, June 14, 2009
My New Website!
Check out my new website I designed. I have started designed websites in my spare time. If you want me to create a professional and affordable designed website for you let me know. You can take a look at the websites I have designed for people so far and my own at www.chrisjpreston.comEnjoy!
Tuesday, February 24, 2009
Right now could be the perfect time to invest!
With the stock market hitting its lowest points since 1997 people are both excited and scared. One positive factor of what is happening here is that if you have some capital it might be a great time to go bargain shopping in the stock market. If you take a look around many well trusted and well value stocks are sitting at their 52-week lows on their stock price. If you play the market right you could cash out way ahead!
Look for companies that are well funded, to withstand the recession. You don’t want to invest in a stock that is high in debt and has little capital. Check the financial strength of some companies you are looking to invest in. One thing to look at is the Total Debt / Equity ratio. Ideally you want that ratio to be at or around .50 or less.
A lot of companies right now are not growing in sales and numbers, but ideally what you want to look for is growth and increased earnings. Look at how the company is doing quarter by quarter this year, if they are growing or not. Most stocks will show a major decline, so it will be harder to decide where to invest.
This morning looks like there might be a small rebound after investors seeing a decline over the last 6 days. If you have the extra capital and are patient right now could be a great time to get into the market. Some of the stocks out there are sitting at a great buying opportunity. Just don’t lay your eggs all in one basket and be smart about where you invest. Really educate yourself and research where you want to invest your money before putting into this volatile market.
The greatest investor Warren Buffet puts it best, “be fearful when others are greedy and be greedy only when others are fearful.”
Look for companies that are well funded, to withstand the recession. You don’t want to invest in a stock that is high in debt and has little capital. Check the financial strength of some companies you are looking to invest in. One thing to look at is the Total Debt / Equity ratio. Ideally you want that ratio to be at or around .50 or less.
A lot of companies right now are not growing in sales and numbers, but ideally what you want to look for is growth and increased earnings. Look at how the company is doing quarter by quarter this year, if they are growing or not. Most stocks will show a major decline, so it will be harder to decide where to invest.
This morning looks like there might be a small rebound after investors seeing a decline over the last 6 days. If you have the extra capital and are patient right now could be a great time to get into the market. Some of the stocks out there are sitting at a great buying opportunity. Just don’t lay your eggs all in one basket and be smart about where you invest. Really educate yourself and research where you want to invest your money before putting into this volatile market.
The greatest investor Warren Buffet puts it best, “be fearful when others are greedy and be greedy only when others are fearful.”
Monday, February 23, 2009
Free Stack Of Pancakes!
Get a free stack of pancakes at IHOP tomorrow February 24th, 2009. Go to your local IHOP and get a free stack for making a small donation from 7am - 10pm. The donation goes to support local children's hospitals. Here is the link for more info...
http://www.ihoppancakeday.com/index.html
http://www.ihoppancakeday.com/index.html
Friday, February 20, 2009
End of Week Market Update: Feb. 20th, 2009
The Dow closes the week at a 6 year low. During the day on Friday it hit an 11 year low, but made an afternoon rally to hit a 6 year low instead.
Even though stocks plummeted this week, gold did the opposite. Gold finished at over $1000 per ounce.
During the week Robert Allen Stanford was accused of running a fraud scheme that is estimated by the FBI to total $9.2 billion!
Starbucks announced earlier this week of the release of the $1 cup of coffee in efforts to help the recently failing company.
After Trump Entertainment (TRMP) stocks dropped over 35% Tuesday, Donald Trump resigned and the company filed for chapter 11 bankruptcy. Other casinos have seen to also be drowning in the deep end. These stocks could be very risky, but a couple have the potential to stick around.
First time home buyers got a break on Monday. If a first time home buyer purchases a house before next December they will receive a tax credit of $8000 or 10% of the home value, which ever is less.
Even though stocks plummeted this week, gold did the opposite. Gold finished at over $1000 per ounce.
During the week Robert Allen Stanford was accused of running a fraud scheme that is estimated by the FBI to total $9.2 billion!
Starbucks announced earlier this week of the release of the $1 cup of coffee in efforts to help the recently failing company.
After Trump Entertainment (TRMP) stocks dropped over 35% Tuesday, Donald Trump resigned and the company filed for chapter 11 bankruptcy. Other casinos have seen to also be drowning in the deep end. These stocks could be very risky, but a couple have the potential to stick around.
First time home buyers got a break on Monday. If a first time home buyer purchases a house before next December they will receive a tax credit of $8000 or 10% of the home value, which ever is less.
Thursday, February 19, 2009
Achieving Your Goals: Step by step to get from where you are now to where you want to be.
We all have goals and dreams, but sometimes achieving those goals seems out of reach or near impossible. The first thing you have to do to reach your dreams are to change your mindset. Instead of thinking why can't I reach my goal, start thinking how can I reach my goal. Most people sit back and think they can't reach their goals and dreams. This is the negative approach to looking at the situation. For someone to take the positive approach to looking at the situation they would say how can I reach my dreams and goals. By changing your mindset to positive from negative will give you a new outlook on how to reach your dreams.
The next thing you need to do is to point your finger to blame. Who is responsible for your situation? Is it your parents for not letting you pursue your dream job and them making you do what they want? Is it your previous employer's for laying you off? No, the only person who is responsible is you. Once you realize that you have the power to change your situation and realize that it isn't others who can you will be one step closer to achieving your dreams.
The next step is exactly that. You need to be patient and realize that you aren't going to achieve your goals overnight. Getting from where you are now and getting to where you want to be will be achieved by taking steps.
Once your mindset is changed you will need vision. You can't accomplish anything without having vision. You need to see yourself taking the steps to your dream. You need to envision yourself being what you want to be and doing what you want to do. Act as though you have the job you want, talk like you are doing what you always dreamed of, and dress like you already have the job you want. Having vision is one of the most powerful tools you can have to achieve what you want. See yourself getting the promotion. Act as if you already have your dream job.
After seeing yourself doing what you dreamed of, act on that dream. Once your plan is in place and you see the steps to take it is time to go out and take action. Don't make excuses and don't be scared to step out of your comfort zone. Take action and do what you already dreamed of doing. The only way you are going to get closer to your dream is if you act on your dream.
Next, never give up! When you give up you stop your road to success. You can't get any closer to your dreams by stopping. Even after you failed many times, keep going, and keep trying. When you give up you give up your dream or goal. You can't achieve your goal anymore, because you stopped trying. Thomas Edison tried to invent the phonograph 32,000 times before he actually succeeded! Think if he would have given up on try number 29,999...the world might be a different place today!
One thing you will need to do is get motivated and stay motivated and inspired until you reach your goal. A good way to do this is to read a book about what you want to become or a book on success. Don't let what others say affect what you do. Just because something didn't work for them doesn't mean it can't work for you. Let the negative things people say inspire you to do better. Usually the people who tell you that you can't are people who don't have drive or a vision for their future. Surround yourself with people who want you to succeed or just motivate yourself. I think one of the best ways is to read about other people's success stories. I will post motivational articles and people's success stories on here from time to time, because nothing gets you more inspired than a testimonial of someone who achieved their dream.
Lastly, don't put limits on your dreams and goals. You are the only one who can limit how much you succeed. Donald Trump says it best, "If you are going to be thinking, why not think big!"
The next thing you need to do is to point your finger to blame. Who is responsible for your situation? Is it your parents for not letting you pursue your dream job and them making you do what they want? Is it your previous employer's for laying you off? No, the only person who is responsible is you. Once you realize that you have the power to change your situation and realize that it isn't others who can you will be one step closer to achieving your dreams.
The next step is exactly that. You need to be patient and realize that you aren't going to achieve your goals overnight. Getting from where you are now and getting to where you want to be will be achieved by taking steps.
Once your mindset is changed you will need vision. You can't accomplish anything without having vision. You need to see yourself taking the steps to your dream. You need to envision yourself being what you want to be and doing what you want to do. Act as though you have the job you want, talk like you are doing what you always dreamed of, and dress like you already have the job you want. Having vision is one of the most powerful tools you can have to achieve what you want. See yourself getting the promotion. Act as if you already have your dream job.
After seeing yourself doing what you dreamed of, act on that dream. Once your plan is in place and you see the steps to take it is time to go out and take action. Don't make excuses and don't be scared to step out of your comfort zone. Take action and do what you already dreamed of doing. The only way you are going to get closer to your dream is if you act on your dream.
Next, never give up! When you give up you stop your road to success. You can't get any closer to your dreams by stopping. Even after you failed many times, keep going, and keep trying. When you give up you give up your dream or goal. You can't achieve your goal anymore, because you stopped trying. Thomas Edison tried to invent the phonograph 32,000 times before he actually succeeded! Think if he would have given up on try number 29,999...the world might be a different place today!
One thing you will need to do is get motivated and stay motivated and inspired until you reach your goal. A good way to do this is to read a book about what you want to become or a book on success. Don't let what others say affect what you do. Just because something didn't work for them doesn't mean it can't work for you. Let the negative things people say inspire you to do better. Usually the people who tell you that you can't are people who don't have drive or a vision for their future. Surround yourself with people who want you to succeed or just motivate yourself. I think one of the best ways is to read about other people's success stories. I will post motivational articles and people's success stories on here from time to time, because nothing gets you more inspired than a testimonial of someone who achieved their dream.
Lastly, don't put limits on your dreams and goals. You are the only one who can limit how much you succeed. Donald Trump says it best, "If you are going to be thinking, why not think big!"
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