Zeal LLC November 12, 2006
Posted by The Probabilist in : [Links], Financial Literacy, Commodities, Wealth, Assets, Investing, History , add a comment
One of the greatest investment news sources I’ve found is Zeal. They’ve been online since the year 2000 and have been very bullish on commodities ever since. Thanks to their services I know why. When I stumbled upon their website for the first time I didn’t really comprehend their essays since the technical and fundamental jargon was out of my league. But today I’m more than happy for educating myself simply by reading their material, grasping their graphs and gaining evidence that they do hold merit.
Zeal is a contrarian investment resource with exceptional long-term experience and perception on markets. Their technical and fundamental analysis sees through the common daily market bias that feeds on human emotions and false expectations. They are keen followers and investigators of history, trends and market cycles and I can see that they follow intensely with the 20-10-5 cycles. I also like the fact that they occasionally share their insights on a global scale by writing about gold prices in several currencies, the dollar/euro ratio progress and other global economic issues.
The presented charts truly excel in visual and comprehensive impact. The charts have stood out as the particularly renowned aspect of what Zeal LLC provides and there just isn’t anything like them elsewhere. The second most influential aspect is the essays that Zeal posts every Friday for everyone to read. They’ve been stored and held open for access on the website since they launched, so everyone can see for themselves if what they write is of any value.
Zeal is of course a business like any other so even though the essays are free, they provide many services for prudent investors who desire greater profits than say a precious metal itself can make. The most commonly used services are Zeal Intelligence, which is a monthly newsletter and Zeal Speculator, which suits the more active investor as it provides alerts on a quicker time basis. Zeal leverages its information mostly by recommending stocks that will reap profits as a commodity or service is expected to rise in demand. At this moment I’m not enlisted on any of these and my point is not to promote their services, but to give information on what they provide.
Conclusively, I owe Zeal LLC a firm and respecting handshake and a great deal of gratitude for what they’ve taught and given me. I never invest in anything I don’t thoroughly understand and the time spent on reading their essays has had its benefits on my wealth as well. If you’re new to investing, then don’t let difficult words and concepts limit your growth. Seek first to understand and then how to let your knowledge increase your fortune.
(3 votes, average: 5 out of 5)
The Richest Man in Babylon October 31, 2006
Posted by The Probabilist in : [Books], Financial Literacy, Personal Growth, Vision, Wealth, Work, Investing, History , 5 comments
George S. Clason wrote this timeless classic in 1926 and it’s based on stories, parables and clay tables dating 4,000 to 6,000 years ago from the ancient civilization of the Babylonians. It goes on explaining the simple and effective laws of how to handle money, which show the path leading to improved personal wealth. The people of Babylon discovered this path to be attainable by anyone and the same laws are just as true and just as easy to grasp to this day. This is the book everyone ought to read no matter what your previous knowledge and experiences in financial literacy are. So if you’re troubled by the stringency of a lean purse, start by listening to the words of Arkad, the richest man in Babylon.
The chapters in the book are separate stories by people with a certain money problem and how they were able to solve it. Bansir, the chariot builder is troubled by always working hard and having nothing to show for. He goes with his friends to Arkad to seek his wisdom and advice. Arkad tells them the story of his youth and how it came to a turning point when he learned and adapted the first law of gold as taught by Algamish. Later, the king of Babylon sends for Arkad and wishes him to share the knowledge so that all the people in Babylon may become rich. Arkad then presents the seven cures for a lean purse to 100 men who may pass the knowledge onwards. At the Temple of Learning many men discuss the power of luck and reach a conclusion on why some people are more favored by its goddess. Arkad’s last appearance in the stories is when he gives his son Nomasir a bag of gold and a tablet with the five laws of gold and sends him away from Babylon not to return until ten years have passed and he gives an account of himself.
Following, Mathon, the gold lender guides whom to lend money to should one be smart or fortunate to acquire a great sum. Dabasir, the camel trader tells an inspiring story of how to face your debts and see the world with its true color once again and gain respect among others. Dabasir engraved his efforts on clay tablets and a professor in the 1930s tells how after translating them he too adapted this plan in order to eliminate his debt spiral and move to the path of riches. The last story is told by Sharru Nada on how he was able to become a rich man after being put into slavery. He did it all by learning a valuable lesson, which made him the luckiest man in Babylon.
This is a small and cheap book, readable in a few hours. However, don’t fall under the false impression that the lessons are too simple. The laws and parables are simple, but executing a plan takes effort and the right mindset. Throughout our lives we can all perfectly relate to some of the stories told so I can’t find a single reason not to recommend this book to each and everyone. And the reason I wrote my first review on this particular book is because I find it to be the best starting book to discover the first steps of personal wealth creation. Reading it you will understand fully why money can’t solve money problems.
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