Third Action Step 

 Now you are on Day 14 and have about $40 - $80
(eighty dollars if you repeated steps 1-5)  Things YOU Can Do to Turn Your
$40/$80 into $160:

1. Repeat steps 1-5 again. 

2. So once you get your investment fund up to $80 $100, it will be time to consider buying

3. Keep selling your online business memberships
and anything else you can do in your spare time. 

4. Keep repeating Steps 1- 6 until
 you have saved up $1000 then go to Step 8. 


Days 16 - 30

Step #7.

Understanding More Assets: 


 Now that you have $1000 saved up, you're ready 
to start buying BIGGER assets. I would encourage you to
GET GOOD AT UNDERSTANDING THEM FIRST 
before you invest large amounts. You can lose a 
lot of money by getting scammed or taken advantage 
of with something you don't understand! 




Rules of the Rich: 

1) Don't lose money. 
2). Remember rule #1. 

3). If you DO lose money,
get back up again and try again. 

Many successful people tried different business and
failed in many of them. They got back up and kept moving
 forward till they found what they were looking for!

Take Robert Kiyosaki for example. His first business went bankrupt. His second
business didn't do any better. But he refused to give up and his third 
business was a success. He then sold this business and went on to 
write "Rich Dad Poor Dad" which was went on to sell 26 million copies
worldwide. And there's much more to his story. 

My suggestion is to learn about online assets (see #8), Stocks (see #9),
Realestate (see #10) or Big Business (see #11). Learn by investing smaller amounts
and after succeeding, investing more and more. Another 
important thing is to FOCUS on what asset you're really 
interested in and learn as much as you can. 

Step #8.

A) Online Assets

Even though there are a lot of different online assets, 
I'm going to share with you what I think is the best one. 
Honestly there are so many online assets, that's it's out of 
the scope of this course to go into them all.

 I only want to share with you things I know that have worked for me 
and I don't wish to share untried ideas with you. 

Even though it may or may not be the very best, still 
I know that it has paid out consistenly over the last ten years 
without fail and that you won't get scammed by joining it. 
Of course, I can't guarantee earnings and again this is 
all my opinion, but I believe it is the best idea to move 
forward with. 



There are five online assets that I'm going to encourage you to look 
at (one at a time). The first is the Gold upgrade in the
Power Lead System or PLS. This is going to help you go from earning
$10 a month per customer (with the online business (PMS)
I first showed you in Step #2), to $20 a month, per customer.
It also opens the door for you to start earning the higher PLS assets.
You can see more about it HERE.







The next asset is the $100 PLS asset called: "Free Ad Secrets".
This costs about $150 and you can earn you $100 over and over 
again everytime someone joins PLS with your affiliate link 
and buys it from the site. 



The next PLS asset is called the "Social Profits Academy". 
This costs $497. You only need to buy this one time and can earn 
$400 over and over again from it forever (each time someone 
joins PLS under you and buys it). 




The next PLS asset is called "Master Traffic Institute".
You can buy this asset once for about $1500 and earn $1000
over and over again from it. 



The last PLS asset is called the "Lead Generation Academy" or "LGA"
This asset allows you to earn $90 per customer, per month! 
It costs $105 a month and gives you the ability to learn from the 
top PLS income earners each month. You can ask your questions
and participate in the online discussions! This is like having 
your own personal mentor. 

My suggestion however, is to start at earning from the Gold 
membership until you get good at selling it, then 
invest in the next asset four assets. As SOON as you're 
good at selling the Gold membership, you have the potential
to earn from the other ones.

But IF you're not good at 
selling the Gold membership, you have very little chance 
of earning with the higher PLS assets. 

You will want to learn the 5 Critical Skills in order to 
understand how to get consistent sales each month. 
You can go HERE to begin.

.

#9.
 Stock Market Trading
& Trading Options. 





The Stock Market is very risky if you go into it without understanding it!
"Paper trade" before using real money and then invest small at first. 

 I'm not licenced to give stock or financial advice, so you should 
consult a professional before you begin investing.

Now that you've learned how to bring in consistent 
sales with online assets, then you can start saving this income 
to reinvest it into stocks and stock options.

Eventually you can build your assets up so that everyday you're trading
or trading options and earning/compounding hundreds or more dollars a day.
Of course, I can't guarantee earnings as I don't know your work ethic
or many other specifics that all would have an effect on this. 

Even though trading using options can be risky, my opinion is that selling options
holds much less risk then buying options does. Of course, things can go very wrong, so never
invest money that you need to eat and live (or that you can't afford to lose).
One of the amazing things about trading options, is that you can get paid
for the underlying stock, plus you can get get paid on the option you excercize.
Then you can start all over and do it again. 

Again, stocks do hold risk, so be careful. Honestly, it takes
time and study to understand stocks properly and I'm not a expert at it myself. 
However, I've studied stocks for years and traded many times, and do
have some tips for you.

Of course, I'm also going to suggest that you read and study
strategies of trading and do what is called "paper trading" first before
you invest live with cash. 

Here are some tips for you: 

1.  Invest only in stocks you really understand. I mean, 
if you eat Hershey bars and drink Coke products, then you understand
why most people buy these products. If you don't buy 
what you invest in, then you don't understand the most elementary
things about it.  

2.  Before you invest, Warren Buffett suggests* to write down every reason
why you're doing so on a peice of paper. If all you can write is "because
someone awesome told me this was a great investment" then that's NOT 
good enough!

3.  Investing in a stock means that you're investing in the underlying 
business. This is the most important thing about your stock. This is 
the reason this stock makes money in the first place. So is this business
profitable? Do you know why it is? If you don't know why, then find out.
Do you really understand this business in a "instinctive kind of way"?
If you don't understand why its profitable then it's probably
not the right business for you. 

4.  Know the "Big 5 Numbers" of a business before you invest: 




The "5 Big Numbers" are:

(These are just a basic and very "loose" summery of Phil Town's
Big Five Numbers inside his "Rule #1" book). 
 
1) Has the business been around for over 10 years? 

2) How much profit did it make its first year and how much 
profit does it make now? Has its profit tripled in the last 
ten years? 

3) How much debt is the company in? 

4) How much money does the business have in reserve?

5) What is the actual business worth if it was to go out of 
business tomorrow? This is called its "Book Value". 
Has its book value doubled or tripled in the last ten years?

These 5 Big Numbers are important because it tells you the true 
story of how that business is REALLY doing.

If  a business hasn't had real consistent and growing profits in ten years,
then most likely it won't in the future and the stock price won't
go very far up. If it does, it's more because of the stock market itself
then anything to do with the stock. And this is just chance and doesn't
follow solid business reasons for buying a stock. 

If the company is heavily in debt, what is the ratio between debt and earnings,
between debt and profit? How long will it take the company to pay off 
their debt if everything stays about the same? Will the company be able
to recover from this amount of debt? 

If the company has a lot of money in reserve then this is always a good sign. 

If the company's book value has increased over the last ten years, then this 
is another positive sign as it's actual value has increased. If it's doubled 
or tripled, then this is a really great sign. 

These five Big Numbers kind of give you the "Health Report" on a businesss
It shows you whether investing in a business is a good idea or bad idea. 
If this business has a good "bill of health" and you can find it at a low 
price, then this may be a good investment. 


5.  Remember that YOU are your biggest asset. Think 
about the top five people in your life that you admire the most. 
 Why do you admire them? Now think about five people you don't admire.
If you were to write the top five positive reasons you admire someone
on the left hand side of a paper and the top five reasons you don't admire
someone on the right hand side, most likely your positive/negative
findings would fall under these three broad categories: 

INTEGRITY
INTELLIGENCE
DESIRE 

Either someone is admired for honesty, or thought bad of because they're a liar. 
They are admired for intelligent things they do or believe or not admired for 
stupid things they have done or believe. They are admired for being "passionate" or
energetic about what they do or believe in or not liked for having little
desire or drive to do something/anything. 

Another thing you can do that is similar is think of your freinds and aquantances 
as stocks. Who would you invest in or not invest in? Good question right! 
Now answer "why" you would or wouldn't invest in them. 

These ideas were shared with many people by Warren Buffett* and it had 
an impact on me too. (You can see the specific details by studying Warren Buffetts life).
The reason this story is so impactful because it shows
the TRUE value of an asset.

It shows what value we have as individuals but it also shows what 
values a company we admire should have too. 

These are the kind of assets I would suggest to invest in! 

6.  Invest in stocks that have a "moat". What is a "moat" you might ask? 
Well, it's something that protects a business, just like a moat
protected a castle back in the middle ages.

For instance, think about how hard it would be to 
compete against Coka-Cola! Even if you had tons of money, I very 
much doubt you could get the world to start drinking your new brand 
of soft drink over COKE products! That's one example of a "moat". 
But some things don't have a "moat" and these are the companies 
that get taken over by something "newer", "better", "faster", etc...

For this reason, beware of technology stocks that can get taken over 
by something better. Think about investing in things you understand 
and that have been around for years. 

7.  The stock market moves every day up or down based on important information.
Stocks generally move with the market UNLESS there is a specific catalyst that 
drives them the opposite direction. A "specific catalyst" would tend to be
the "fundamentals" or the "technical" factors of a business.

The fundamentals show how well the company is 
actually doing and how it is being run. If, for instance, the CEO of company
does something foolish, the stock market may penalize that stock EVEN
if the market is going up that day/month. This is just an example.

Here's another example: If a stock meets or beats it's income 
expectations, then this may give the stock a boost EVEN on a day
when most stocks are going down.



The stock market "Technical" side is called technical analysis.
For instance, if a stock goes below its "Support" or higher than
its "Resistance" level, then those looking at the price charts may
decide that this is a bad "omen" or a good "sign" and invest or sell
out shares of that stock on that day or time period.

To make it more easier to understand, "Support" and Resistence",
means that a stock has a low price point (support) or high price point (resistance)
that it hasn't crossed in a certain period of time.

If for some reason it crosses that price range, this can have an effect
on the stock and make it go up or down EVEN if the market is going the other
direction. For instance, if a stock crosses down below support, then this shows
that the price is dropping far below its average lately. There are bound
to be key reasons for this, but it's enough to know that this is NOT good. 
This may make the stock price drop even more. 

The thing is that usually a catalyst will make the stock go the other way
but nothing is written in stone and you may just be surprised 
to see it go the same way as everything else that day. This 
doesn't sound logical. and I want to drive this point home to 
you. The stock market sometimes makes NO SENSE. 

This is the reason why Warren Buffett invests in a stock
because it is actually a good business with good owners and
good principles behind the business.*

 This most likely means that eventually the stock market will realize that the stock has 
good fundamentals and the business will gain recognition, good press,
meet expectations and slowly rise over time. This also tends to mean
that over time the stock should become more and more 
valuable. So despite the markets fluctuations, TIME will 
be the ultimate judge of a good business and it will be 
recognized for what it really is. 

*However, please understand that explaining Warren Buffetts 
techniques are not the focus of this overview of stocks, so please
read more books and do your research before you just take my 
word for it! There's a lot of knowlege behind what Warren Buffutt does and 
doesn't do, so please understand that it's not just cut and dry answers
that can be fully explained here.

So, if a stock doesn't have any catalyst, then the stock most likely 
will follow the path of the market (either up or down with everything else).
When the stock market goes down, it means that the stock is worth less.
 
It also may mean that you're getting a real DISCOUNT (if the 
stock is worth more than it's being sold for on the market). 
On the other hand, if the stock market is generally going up,
then a stock is "worth more". This means it may be more EXPENSIVE
 then it's really worth. However, it may be also rising to its true value!

You have to find a way to analyze a businesses TRUE VALUE in order 
to know whether its stock is being sold at a discount or is too expensive.  

You can tell which way the market is going by seeing what the DOW 
Jones price range is that day, the Nasdaq or the S&P 500. These are
just a few indexes that will help you see where the market is at,
based on what stocks you want to invest in.

For instance, I usually look at the Dow Jones every morning and
see the price range it's at and if it is running in the RED (prices going down)
or in the GREEN (prices going up). Then I check the news for the day 
that cooresponds with the DOW and see why investors are pushing the 
market up or down that day.

It's all very interesting and you will learn 
a lot if you study this each day. You can also keep track of your favorite 
stocks. An example of some stocks I often look at and the symbol
they trade under are: Coke (KO), Amazon (AMZN),
Apple (AAPL), Google (GOOG), Netflix (NFLX) etc...
Just to be clear, I don't "recommend" or "not recommend" these stocks. 

Sometimes you can have "all the information" and YET the stock market moves the 
OTHER direction. So it can be like a wild beast. Remember this. Usually the stock 
market moves intelligently, meaning that there are usually reasons that can be 
understood for the moves up or down. Things such as the FED moving interest rates up or 
down can have definite effects. The unemployment rate is another factor. How the 
country is doing and how its currency is doing can make a difference as well.

If the Stock market is in a "Bull Run", stocks tend to be going up and getting more 
expensive. In a "Bear Market", stocks tend to lose value daily as the market drops. 
 

8.  Invest in a GREAT stock, trading at a LOW price. If you need to WAIT to invest
then wait. There's no rush. Maybe the market is making that great stock look 
inexpensive and worth much less then it's real value is. Or maybe, the company 
made a mistake and the market is making them pay by driving the price down.
Either way, its great for you! 

The problem is, that people can't guess what the price will be tomorrow no
matter how amazing they are. So if it goes up or down in price is anyone's guess.
The only thing you have control over is your emotions, and what you 
can do with that stock when the time comes.

Thinking RATIONALLY is the most important thing. NOT REACTING
and second guessing yourself and telling yourself "you should have known"
and every other doubt you may have had. Instead, think calmly. Clear 
your head. Put down the FACTS. Then move forward based on facts ONLY! 

If the stock goes down even more then expected, how could you have known?
Of course if you didn't do your homework, then this may be why! But 
otherwise, you had no control over this.

But you DO have control to get rid of the stock now that the price is falling,
OR to buy even more at an even better price. You really need to know the company you're 
investing in, is solid if you want to buy more! Otherwise it's probably best to 
sell your stock at a small loss instead of risking more (especially if you don't
understand what just happened). The market is going against
your expectations and there could be a solid reason why this is happening!
Find out if you can what is happening. If it's serious, sell. But if it's just 
a hiccup, then you can decide for or against buying more.

You can also write off your losses in your taxes (I'm not an expert on
taxes, so again see a professional). Again, let the FACTS move you 
in the right direction (not fear or greed). Of course, this is all my 
opinion. Do what you want but also consider getting help from an expert. 

When going after BUYING LOW for GREAT stocks,
consider getting paid for giving someone "the option"
to sell you their stock to you at a lower price (or getting paid even if it doesn't sell).
This is the "magic" of selling options. However, again this magic 
may turn against you if you don't understand it. With stocks, you never know.
Your understanding and knowledge make the risk decrease,
but sometimes no one can see the market turn against you. Life has risks
no matter if you just drive to the store. The only thing 
you can do is prepare and be cautious. If you're not prepared 
to possibly lose, then don't invest in the stock market.

To me, the stock market sounds like the ocean. The more experience
you have, the better! Especially when you're out at sea. But the sea can turn vicious 
and can devour even the best seamen. I still love the ocean
but I always take precautions when heading out to sea. I stay 
away from most storms by following the weather closely. 

Back to the topic! Anyway...
So think about what a "low price" would be and why? When finding
out what is a low price, think about what the actual value of something is.
It's kind of like buying a pair of shoes. What's the retail value? 
What's the wholesale? 

The wholesale price is the price you really want to buy any asset at. 
You can find out more about this by reading/
studying the following books:

 

"Covered Calls Made Easy" 
by Matthew R. Kratter

"The Options Wheel Strategy"
By Freeman Publications.

Rule #1
Phil Town

The Snowball
Warren Buffett and the Business of Life"
By Alice Schroeder

"High-Powered Investing
All-In-One 
For Dummies" 
By Wiley Publishing
 

Many ideas that are contained here in this section, are thoughts from many of the 
books listed above. Many ideas are loosely paraphrased or just reflections
on important thoughts I collected while reading these and implenting them
in real life over many years. You will need to read these books to
get the full accounts and full details!

Again, I'm not licenced to give stock advice, so you should 
consult a professional before you begin.