I use qigong and I recommend it.
News report on Spring Forest Qigong & Chunyi Li..., posted with vodpod
Tuesday, December 27, 2011
News report on Spring Forest Qigong & Chunyi Lin - KNBC-TV
News report on Spring Forest Qigong & Chunyi Li..., posted with vodpod
Tuesday, December 20, 2011
Friday, December 16, 2011
Want to Do Less and Make More?
EVER NOTICE THERE ARE some people who just have that thing? My old best friend, Diane, and I used to call it the gift. “He’s got the gift,” she’d observe. These people are certain; they are sure; and they move forward with an easy, graceful energy and optimism. It’s empowering, timeless, and endless . . . and if you’re fortunate enough to catch it, it’s contagious.
Well, you too can be one of those people. You can capture that thing—because you already have it. It’s within you. It’s just a little atrophied muscle that needs to be rebuilt. Once you rediscover it, you can live an unlimited life of abundance, extreme optimism, and energy.
But what exactly is it?
This gift, that thing, is Yes! Energy. I’ve discovered a formula, a nonmathematical equation that will help you make Yes! Energy a big part of your life. That’s what my new book Yes! Energy is about: it’s a journey through the Energy Equation, helping you learn each of its components so that you can have all the Yes! Energy you need to accomplish your goals, reach your dreams . . . and do less and make more.
I’m an educator and motivational speaker. I run a global business focused on entrepreneurship and wealth building. It’s my mission to go around the world and create supportive, encouraging, abundant communities that operate as entrepreneurial microeconomies. My company, my communities, and my friends and family live by the idea that when you lead and commit to Yes! Energy, you are optimistic and solution oriented—able to do less, make more, and live the life you want.
Our mantra is: Say yes now, then figure out how. By “figure out how,” we mean sourcing solutions from a greater power, and gathering a team of capable, supportive people who know how to do what you don’t to get to your goals. It’s a sacred sequence that begins with a greater power; is supported by community; and keeps you moving forward, toward a solution.
Too many do too much for too little. They believe that working harder is the answer, so they push and exert and get nowhere. When you grab on to extreme optimism and energy sourced from a higher power, when you have community and support, when you have Yes! Energy . . . you can actually do the opposite: you can do less, make more.
Loral Langemeier is one of today’s most visible and innovative money experts. Because of her tenacity and absolute confidence in what she teaches, Langemeier is one of only a handful of women in the world today who can claim the title of “expert” when it comes to financial matters and the making of millionaires. Website: www.YesEnergyBook.com
Milton Drepaul is an ING DIRECT Canada Saver and wants you to become one too. When you open an Account with a minimum balance of $100, we'll start you off with a $25 bonus All you have to do is enter Milton Drepaul's Orange Key 13827867S1and you're set to save.
Thursday, December 15, 2011
Taking Care of Your Money
From Early To Rise
Coming from a background of little money has its advantages. My parents taught me how to save and invest my money and to avoid debt.
Today, guest author Mark Ford shows you what to do if you have debt, and how you can turn your finances around.
Craig Ballantyne
"As human beings, we are endowed with freedom of choice, and we cannot shuffle off our responsibility upon the shoulders of God or nature. We must shoulder it ourselves. It is up to us." – Arnold J. Toynbee
I had my first serious run-in with debt when I was 30 years old.
My wife K and I were renting a condominium in Washington, D.C. Our landlady came to us with an exciting opportunity: We could buy the condo for $60,000 with no money down. For just $100 a month more than what we were already paying for rent, we would be paying a mortgage. It sounded like a great deal, so we took it.
What we bought was a negatively amortizing mortgage with a three-year term and an 11% interest rate. That meant, every three years we were paying $19,800 in debt service and another $3,000 in closing costs.
We didn't realize what was going on because our monthly payments were only $550. I was too foolish then to ever ask myself, "What is the cost of this debt?"
I tried to find another bank to take me out of this scam but none would. The mortgage we had signed was not backed by the government (Freddie Mac/Fannie Mae), which meant that no other bank would touch it.
I learned that when banks make it easy to borrow money, it's not because you are a nice, deserving person. I learned that if you can get a loan despite poor credit (as ours was at the time), there is usually a scam involved. It also taught me to always ask the two critical questions about debt, "How much will it cost?" and, "Can I afford it?" It was an expensive lesson.
Many of us view debt as a necessity. We buy homes with it. And cars. And boats, and toys, and vacations. Some use it to buy the basics: clothes, food, and furniture.
Debt is not necessary. It is a luxury. Sometimes debt is useful. Sometimes it is wasteful. But debt is always dangerous.
It is unnecessary because there are always less expensive ways of getting what you want. And it is dangerous because it can sometimes be very expensive.
Let me give you two examples.
Let's say that, like most Americans, you are in the habit of buying things with credit cards. After a while, you notice that you have accumulated $30,000 in total debt. You decide to cut up your cards and repay your debt. You can devote $400 a month to paying it back. How long will it take, and how much will it cost you?
The answer may surprise you. Assuming an interest rate of 10%, it will take you 10 years to pay off the credit card debt. And your total payments will be $47,275. Of that, $17,275 will have been in interest payments.
Or let's take a $150,000 home on which you take a $120,000 loan with a 6.5% interest rate over 20 years. The mortgage payments are $894 a month, which you can afford. But how much will that house really cost you? Including interest payments? You will end up paying $244,725 for that house. Almost 40% of that – $94,725 – will have been to interest payments.
The commercial community (bankers and manufacturers) doesn't want you to be afraid of debt. And neither does the government. These institutions want you to like debt. They want you to use it. They want you to go into debt because it is good for them.
When you take out a mortgage to buy a home, or sign a lease on a car, or use credit cards to pay for your lifestyle expenses, the commercial community profits. The manufacturers make money on products you may or may not need. And the banks make money on your debt.
The mainstream financial media rarely talks about the dangers of debt. That's because they make their profits from the financial institutions and manufacturers whose advertisements support their publications.
And the government actually encourages its citizens to take on debt. This was the recommended strategy for getting us out of the Great Recession that the (second) Bush administration (and the Federal Reserve) advocated and it's the same scheme that Obama's people are advocating today.
Here's what you should know about debt:
As a general rule, you should live without it. You should find less expensive ways to acquire the things you need.
Unless you are wealthy, don't lease your car. Buy it. Buy the car you can afford, not the car you believe will make you happy. Any non-appreciating asset (such as a car) will never make you happy if you have to pay its debt service. I didn't buy my first luxury car until I was a multimillionaire.
Don't buy anything with a credit card. Keep only one credit card for renting cars. Use a debit card to buy clothes and groceries. If you don't have enough money in your bank account to use your debit card on a purchase, don't buy it. If you don't have enough money in the bank to buy something, it means you can't afford it.
If you can't afford the debt on your house, sell it (if you can) and buy something cheaper. In any case, start paying off the principle balance of your house (the amount you owe, not the interest you will owe) as fast as you can. Make it a goal to own your house free and clear as soon as possible.
If you have debt, pay it off as fast as you can, but not before you have filled up your bucket for emergency savings. By emergency savings, I mean money you will need to pay your bills if you lose your job. Six months' income is what some financial advisors recommend. I'd recommend a year. It may take you that long to replace your lost income.
Pay off your debt even if the interest rate is low. In theory, you should put your extra money elsewhere if you can earn more on it than you are paying in interest. If, for example, you can get 4% in municipal bonds and you have a student loan at 2%, it makes more sense to buy municipals bonds and pay your student loan off slowly. But in reality, the extra 2% you are earning on the spread is not worth the risk in carrying the debt.
When I started earning money, the first thing I did was get rid of that terrible loan on the condominium I told you about earlier.
The next thing I did was pay off the mortgage I took on a home. I paid it off in two or three years, even though it was a 30-year mortgage. I loved the idea of owning my home free and clear. So I put every extra dollar I had toward paying down that mortgage. The bank didn't like it, but the day I tore up that mortgage... I felt like I had been emancipated from financial slavery.
Finally, if you are troubled by debt, know this: you can get out of it just as I did.
[Ed. Note. If you're not happy with your financial situation, you're in the perfect position to change it for the better – right now. At The Palm Beach Letter, we can show you how. For the equivalent of a tank of gas or a dinner out ($49)... you are getting a whole year of realistic investment and wealth-building advice. Click here for details.]
Become a saver today
Coming from a background of little money has its advantages. My parents taught me how to save and invest my money and to avoid debt.
Today, guest author Mark Ford shows you what to do if you have debt, and how you can turn your finances around.
Craig Ballantyne
"As human beings, we are endowed with freedom of choice, and we cannot shuffle off our responsibility upon the shoulders of God or nature. We must shoulder it ourselves. It is up to us." – Arnold J. Toynbee
I had my first serious run-in with debt when I was 30 years old.
My wife K and I were renting a condominium in Washington, D.C. Our landlady came to us with an exciting opportunity: We could buy the condo for $60,000 with no money down. For just $100 a month more than what we were already paying for rent, we would be paying a mortgage. It sounded like a great deal, so we took it.
What we bought was a negatively amortizing mortgage with a three-year term and an 11% interest rate. That meant, every three years we were paying $19,800 in debt service and another $3,000 in closing costs.
We didn't realize what was going on because our monthly payments were only $550. I was too foolish then to ever ask myself, "What is the cost of this debt?"
I tried to find another bank to take me out of this scam but none would. The mortgage we had signed was not backed by the government (Freddie Mac/Fannie Mae), which meant that no other bank would touch it.
I learned that when banks make it easy to borrow money, it's not because you are a nice, deserving person. I learned that if you can get a loan despite poor credit (as ours was at the time), there is usually a scam involved. It also taught me to always ask the two critical questions about debt, "How much will it cost?" and, "Can I afford it?" It was an expensive lesson.
Many of us view debt as a necessity. We buy homes with it. And cars. And boats, and toys, and vacations. Some use it to buy the basics: clothes, food, and furniture.
Debt is not necessary. It is a luxury. Sometimes debt is useful. Sometimes it is wasteful. But debt is always dangerous.
It is unnecessary because there are always less expensive ways of getting what you want. And it is dangerous because it can sometimes be very expensive.
Let me give you two examples.
Let's say that, like most Americans, you are in the habit of buying things with credit cards. After a while, you notice that you have accumulated $30,000 in total debt. You decide to cut up your cards and repay your debt. You can devote $400 a month to paying it back. How long will it take, and how much will it cost you?
The answer may surprise you. Assuming an interest rate of 10%, it will take you 10 years to pay off the credit card debt. And your total payments will be $47,275. Of that, $17,275 will have been in interest payments.
Or let's take a $150,000 home on which you take a $120,000 loan with a 6.5% interest rate over 20 years. The mortgage payments are $894 a month, which you can afford. But how much will that house really cost you? Including interest payments? You will end up paying $244,725 for that house. Almost 40% of that – $94,725 – will have been to interest payments.
The commercial community (bankers and manufacturers) doesn't want you to be afraid of debt. And neither does the government. These institutions want you to like debt. They want you to use it. They want you to go into debt because it is good for them.
When you take out a mortgage to buy a home, or sign a lease on a car, or use credit cards to pay for your lifestyle expenses, the commercial community profits. The manufacturers make money on products you may or may not need. And the banks make money on your debt.
The mainstream financial media rarely talks about the dangers of debt. That's because they make their profits from the financial institutions and manufacturers whose advertisements support their publications.
And the government actually encourages its citizens to take on debt. This was the recommended strategy for getting us out of the Great Recession that the (second) Bush administration (and the Federal Reserve) advocated and it's the same scheme that Obama's people are advocating today.
Here's what you should know about debt:
As a general rule, you should live without it. You should find less expensive ways to acquire the things you need.
Unless you are wealthy, don't lease your car. Buy it. Buy the car you can afford, not the car you believe will make you happy. Any non-appreciating asset (such as a car) will never make you happy if you have to pay its debt service. I didn't buy my first luxury car until I was a multimillionaire.
Don't buy anything with a credit card. Keep only one credit card for renting cars. Use a debit card to buy clothes and groceries. If you don't have enough money in your bank account to use your debit card on a purchase, don't buy it. If you don't have enough money in the bank to buy something, it means you can't afford it.
If you can't afford the debt on your house, sell it (if you can) and buy something cheaper. In any case, start paying off the principle balance of your house (the amount you owe, not the interest you will owe) as fast as you can. Make it a goal to own your house free and clear as soon as possible.
If you have debt, pay it off as fast as you can, but not before you have filled up your bucket for emergency savings. By emergency savings, I mean money you will need to pay your bills if you lose your job. Six months' income is what some financial advisors recommend. I'd recommend a year. It may take you that long to replace your lost income.
Pay off your debt even if the interest rate is low. In theory, you should put your extra money elsewhere if you can earn more on it than you are paying in interest. If, for example, you can get 4% in municipal bonds and you have a student loan at 2%, it makes more sense to buy municipals bonds and pay your student loan off slowly. But in reality, the extra 2% you are earning on the spread is not worth the risk in carrying the debt.
When I started earning money, the first thing I did was get rid of that terrible loan on the condominium I told you about earlier.
The next thing I did was pay off the mortgage I took on a home. I paid it off in two or three years, even though it was a 30-year mortgage. I loved the idea of owning my home free and clear. So I put every extra dollar I had toward paying down that mortgage. The bank didn't like it, but the day I tore up that mortgage... I felt like I had been emancipated from financial slavery.
Finally, if you are troubled by debt, know this: you can get out of it just as I did.
[Ed. Note. If you're not happy with your financial situation, you're in the perfect position to change it for the better – right now. At The Palm Beach Letter, we can show you how. For the equivalent of a tank of gas or a dinner out ($49)... you are getting a whole year of realistic investment and wealth-building advice. Click here for details.]
Milton Drepaul is an ING DIRECT Canada Saver and wants you to become one too. When you open an Account with a minimum balance of $100, we'll start you off with a $25 bonus All you have to do is enter Milton Drepaul's Orange Key 13827867S1and you're set to save.
Become a saver today
Monday, December 12, 2011
ING Orange Key Canada - make up to $2000 free
All Canadians can get $25 free (and up to $2000 more with
the Refer-A-Friend program) by opening any ING Direct account.
Open any account (TFSA, ISA, RSP or GIC) with ING Direct at
http://www.ingdirect .ca
Specify the Orange Key 13827867S1 during the online
application
Make an initial deposit by check of $100
Your account will be credited with $25 free. You'll get your
own Orange Key. If your friends and family open an ING Direct account and
specify your Orange Key, you and they will get $25 free.
There are many ways you can promote your Orange Key and make
those referral bonuses - it just takes a small investment of your time. The money is out there waiting to be made -
go get yourself $2000.
Here's the rundown on the bonus scheme.
Refer 10 friends - get $25*10 + $50 bonus = $300
Refer 20 friends - get $25*10 + $100 bonus = $350
Refer 30 friends - get $25*10 + $150 bonus = $400
Refer 40 friends - get $25*10 + $200 bonus = $450
Refer 50 friends - get $25*10 + $250 bonus = $500
TOTAL = $2000
Sunday, December 11, 2011
Open a THRIVE account at ING. Win up to $25,000!
The new THRiVE Contest involves ING giving away up to $100,000 in cash prizes. Yes, that is not a type, they are actually giving away up to $100,000.
Until December 31st, 2011, ING is going to be giving away 100s of cash prizes to THRiVE Chequing Clients on a monthly basis.
As it stands, the monthly prizes total at $25,000, keep in mind these prizes are for each entry period:
1 prize of $10,000
1 prize of $5,000
75 prizes of $100
100 prizes of $25
There is an additional Grand prize draw on January 10th, 2012 as well.
HOW TO ENTER: There are two (2) ways to enter:
a) In one month (Entry Period), complete any two of three transactions in your THRiVE Chequing™ Account:
Email Money Transfer
Debit card transactions (ABM withdrawals and deposits or Interac® purchases)
Online bill payment
Limit of one (1) entry per Account/per Entry Period.
OR
b) NO PURCHASE NECESSARY FOR CONTEST ENTRY: To enter during the promotion period without making a transaction on your THRiVE Chequing Account, please submit a handwritten 250 word essay on the value of no-fee daily chequing.
Please also print your name, address, daytime and evening telephone number, as well as email address and > on a 3" x 5" card and mail your submission to: "ING DIRECT, THRiVE to WIN Contest, Attention Marketing Department, 111 Gordon Baker Road, Toronto, Ontario M2H 3R1"
Limit one (1) entry per person per Entry Period. Plus, receive one entry for the Grand Prize.
All mail-in entries must be handwritten and must be postmarked by the Contest closing date.
All entries become the exclusive property of the Sponsor, and none will be acknowledged or returned. Proof of sending or submission will not be deemed to be proof of receipt by Sponsor.
ENTRY PERIOD: Starting 12:00:01 am ET on Thursday, October 6, 2011 and ending 11:59:59 pm ET on Saturday, December 31, 2011, there will be a total of three (3) successive entry periods (collectively, the "Entry Periods", each an "Entry Period."). Each Entry Period will consist of one (1) month and will commence at 12:00:01 am ET on Thursday, October 6, 2011 and 12:00:01 am ET on the first day of each following month (Tuesday, November 1, 2011 and Thursday, December 1, 2011, respectively) and will close at 11:59:39 pm ET on the last day of each month (Monday, October 31, 2011, Wednesday, November 30, 2011, and Saturday, December 31, 2011, respectively). Entries that are submitted before or after the Entry Periods will be disqualified.
.DRAWING:
A random draw will be held on a monthly basis to determine the Contest winners for each respective Entry Period. The draws will take place on the tenth business day of November, December and January at 3:00 pm to select the Contest winners who entered the Contest in the Entry Period of October, November and December, respectively.
The first name drawn each month will win the First Prize; the second name drawn each month will win the Second Prize; the following 75 names drawn each month will each win one of 75 Third Prizes; and the following 100 names drawn each month will each win one of 100 Fourth Prizes.
In addition, all Contest entrants will automatically be given one (1) entry into the Grand Prize draw which will take place on January 10th at 3:00 pm. In that draw, the first name drawn will win the Grand Prize.
The Sponsor will attempt to notify all potential winners within ten (10) days of a drawing via email and phone, according to the contact information existing on file. The potential winner will be advised of the procedure that he/she must follow to claim the prize. In the event the potential winner cannot be contacted via email and phone, another winner will be selected. The odds of being selected depend on the number of entries received
Milton Drepaul is an ING DIRECT Canada Saver and wants you to become one too. When you open an Account with a minimum balance of $100, we'll start you off with a $25 bonus!
All you have to do is enter Milton Drepaul's Orange Key 13827867S1 and you're set to save.
Sign up for a THRIVE chequing account here :New THRIVE Chequing Account
Reaching Your Saving Goals
From: ING Direct Website
You wouldn’t use a
lawn mower to trim your hedge, right? Of course not. You’d use the tool
that’s designed for the job. The same goes for your finances. There’s no
single strategy that’s right to meet every financial goal, or that’s perfect
for every phase of your life. You need the tool — whether that’s a savings
account, CD, mutual
fund, or other type of account — that’s best suited to help you
achieve your purpose.
Time is on your side (oh yes it is) Timing plays an important role in how you go about meeting your financial goals. Your strategy for achieving a goal that’s many years in the future will be different from how you plan for something that’s only a year or two away. Suppose you’re planning to buy a house the year after next. You might be tempted to invest the money you’ve saved for a down payment in a stock mutual fund because of the potential for high returns. But while stocks often (not always!) increase in value over longer periods of time, they can go up and down in value over the short term. Money in the bank That’s why investments, such as mutual funds, can be a smart choice for meeting long-term goals — because of their potential to grow over time. But for near-term plans, your money is probably better off in a savings account so you know it’s there when you need it. | |
Safe and secure Wherever you do your banking, make sure your bank is a member of the Federal Deposit Insurance Corporation, or the FDIC. Your deposits in accounts at a member bank are FDIC-insured up to $250,000 per depositor. Joint accounts are insured separately. So if you have both types of accounts, you have up to $500,000 in insurance — up to $250,000 for all your individual accounts and up to $250,000 for all your joint accounts. The person who shares the joint account has the same insurance. And, if you invest your IRA in bank products, like CDs and money market funds, that account is insured separately for up to $250,000. Other IRA investments don't have FDIC coverage. For more information on FDIC coverage, including coverage scenarios, check out our FYI about the FDIC.
·
Milton Drepaul is an ING DIRECT Canada Saver and wants you to
become one too. When you open an Account with a minimum balance of $100, we'll
start you off with a $25 bonus!
·
All you have to do is enter Milton
Drepaul's Orange Key 13827867S1and
you're set to save.
| Milton Drepaul is an ING DIRECT Canada Saver and wants you to become one too. When you open an Account with a minimum balance of $100, we'll start you off with a $25 bonus! |
Setting Financial Saving Goals
|
Step 1 — Get it down on paper
The first step in planning a trip is to know exactly where you're going. The same is true for your financial plans. With a specific plan, you can stop drifting along and start driving. |
|
|
Step 2 — The long, medium, and short of it
As you make your list of goals, you need to think about when you will want to achieve them:
·
Short-term goals (1-3 years), such as paying off debt or renovating your house
·
Medium-term goals (4-10 years), such as saving enough for a down payment
on a house, or building your IRA, 529
college savings plans, and other tax-deferred
accounts
·
Long-term goals (10+ years), such as paying for your toddler’s college education or
retiring comfortably
|
|
|
Remember: No goal is
short-, medium-, or long-term by definition. Retirement might be a long-term
goal if you’re 30, but a short-term goal if you’re 65. A college education
might be a long-term goal for a toddler, but a short-term one for a teenager.
The more specific your time frame, the more you’ll want to make sure you have
money available when you need it.
Step 3 — How much are my dreams likely to cost? If you don’t know what each of your goals will cost, you’ll need to do a little research. Ballpark numbers are fine. For goals that are more than a few years away, inflation is worth thinking about. Historically, inflation has averaged about 3% per year. At that rate, a home renovation that costs $30,000 today will cost about $35,000 in five years and about $40,000 in ten. Getting the best rate you can for your savings can help you keep the value of your money where it should be. Never too soon Of all the goals you set for yourself, preparing for a comfortable and satisfying retirement should be a priority. Studies show that average US households are saving enough to replace less than 60% of their pre-retirement income during retirement. But most experts agree that you’ll need about 85% of your pre-retirement income for a comfortable retirement. Saving now (rather than putting it off till later) can make the difference between just dreaming about retirement and having the retirement of your dreams. |
Milton Drepaul is an ING DIRECT Canada Saver and wants you to become one too. When you open an Account with a minimum balance of $100, we'll start you off with a $25 bonus!
All you have to do is enter Milton Drepaul's Orange Key 13827867S1 and you're set to save.
Visit ingdirect.ca to save your money today.
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