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Poker is really a miniature stock market on so many levels. You can apply much of what you learn from one to the other.

One of the biggest similarities is how little your profits matter. If you make $1,000 in anything it is a big deal, but if you make $1,000 in the stock market or in a single pot it doesn’t matter. That money can come and go, anyone can make money in the markets or playing poker.

That is why I don’t look at it the same way, one great trade or one good hand can help you out, but it is about the long term. One big win does not make you the king, but rather it is about making consistent money over a longer term time frame.

Here’s how that can happen. A balance sheet with a high amount of accounts receivable can potentially show a large, healthy profit. But the accounts receivable are amounts that are owed to the company, not available cash in the bank. If an emergency arises that requires more cash than the company has available (think of a tornado demolishing a warehouse full of inventory, and a high insurance deductible), the company can find itself strapped for cash.

At the very least, if it can borrow money, it will incur a new debt and decrease profits. At worst, if it can’t borrow money, it could end up going bankrupt or entirely out of business. So cash flow per share is an important indicator of a strong company.

The demographic trends of the past have just not been strong enough to offset all the other influences on the stock market. But this is the granddaddy of all demographic shifts. We have never witnessed anything like this, and I am convinced it is going to be a determinant of asset prices going forward” says Jeremy Siegel, the Wharton finance professor and author of the book “Stocks for the Long Run.”

Jeremy Siegel believes the stock market could crash to as much as 50% of current worth. This would spark a downward spiral in stocks as not only the baby boomers rush to take out their money but also anyone else that wants to salvage their investments will likely sell as well. In light of America’s economic slow growth rates the effects could be as much as double what others are predicting.

However, if you obtain average scores in most diagnostic tests, it means that the probability that you will be able to develop the skills relevant to stock market trading is high. You are a perfect candidate for tutorial classes run by leading stock brokers.  To avoid such risks, you must diversify your portfolio. Basically, it means buying a little bit of a lot of different types of stocks and bonds. It is a good idea to have some stocks in the technology sector, telecommunications, biomedical, and consumer corporations.

There are also companies that offer “safety stocks”. It will be a sound decision to have several shares of companies such as this in your portfolio. This is because such stocks rarely fluctuate and most often offer a slow and steady growth, thus giving you an assurance in your investments.

A Formula for Success in Business

If you want to succeed in business there are a number of criteria that need to be in place in order to maximise your chances of success.

Firstly, you need to operate in a large market that is expanding. You could be the best inthe business, but if that business is contracting or is just going out of vogue, you are going to have to work really hard to attract new customers in order to maintain your level of business, let alone to increase your turnover.

Secondly, you need an expendable product or service. It’s no good having a product that lasts forever, one sale is all you are ever going to get. Far better to get follow up sales from an existing customer than to have to go out and find a new customer.

Thirdly, exclusivity. If you are the only supplier of your product or service, your custimers have nowhere else to go except to you. If the market is awash with suppliers, the market may become saturated and prices may be driven right down.

Lastly, consider the trends. It is far better to be at the forefront of an emerging trend than it is to come in on the back end of an old one.

Lets consider what has been the driver for many trends over the last sixty to seventy years.

After the war and up to about 1964, there was a surge in the number of births, this generation was referred to as the baby boomers.

This generation was also, to a large degree, responsible for a number of commercial trends throughout the period. For example, an early trend was the baby food and accessory market followed by toy companies like Mattel becoming global phenomena.

Later markets such as the housing sector, insurance and gym memberships became all the rage.

Now as the first of the generation begin to reach the retirement age, a new trend is emerging which is going to have a huge commercial impact.

When people retire, what is one of the first things they would like to do? Travel.

Travel is the biggest single market out there worth eight Trillion dollars a year and it is set to double in the course of the next decade.

10,000 baby boomers retire every day and will continue to do so for the next twenty years. Travel represents nearly 50% of all ecommerce.

More & more people are using the internet to book their travel.

In conclusion then, consider travel. Does it fit the criteria for success?

The market is huge and expanding. The product is expendable, but often leaves the customer wanting more. There aren’t many network marketing companies in the travel industry. We are at the forefront of a huge emerging trend.

Donald Trump, New York Developer, Movie Producer and Billionaire have entered what seems as a new era for Donald Trump or is it. It seems what sets Mr. Trump apart from the pack is he keeps moving, reinventing himself with drive and perseverance. Perhaps that is why he is such a wealthy man today. After successfully conquering real-estate building hotels around the world, and producing his TV shows the “Apprentice”. Donald Trump again enters new territory and lunched an income opportunity for anyone can get involved in and it seems that this opportunity is also a work from home opportunity part time. It all came to be from years of noticing that every time Mr. Trump spoke on behalf of a company, product or group. It was found that the result left the group or company with a flood of new business with new blood all clamoring to get into what Donald Trump was speaking on behalf for. It didn’t take Mr. Trump long to decide he should tap into this largely untapped and disorganized market of network marketing.

It took Mr. Trump over a year to put together some of the most successful A team people in the marketing business and develop a world class program and top notch compensation plan and launch it all on his own dime. What was not done was locating someone else’s product and promoting it for a cut. Mr. Trump wanted no part of that it was all or nothing so what he did was look to the largest group of consumers and what was their most common need and went after it. He found that market was the aging baby boomers and health. And in the ways of Mr. Trump he located a hugely successful health company and bought it and made it his own.

Mr. Trump also gathered some of the world’s renowned health PHD doctors to counsel his new company and came up with a first in the industry. NO more is the one size fits all supplements as it has always been for nearly 100 years.

Mr. Trump’s new company compounds customized nutritional products per the individual based on a urine sample. This being a first to the masses at a reasonable cost that used to cost hundreds of dollars if you had it done by your doctor. It’s now all done by mail, in the privacy of your own home and the best part is at a fraction of the cost. And it is being announced that there are other revolutionary product in the pipeline and it seems that his company and income opportunity is just at its infancy. What makes this so appealing is when Donald Trump puts his name on the line and behind a product is a big deal. SO other competitors must now take a look at Donald Trump and either join him or be left behind. And what is unarguably a huge benefit to people seeking a work from home opportunity or extra income is that this is company is just starting, the huge wave to fallow is only just rising and if someone wanted to get on its now the time it should be done. Timing is everything in business and it appears the Mr. Trump is getting noticed with his new opportunity to make money, have fun and get healthier in the process. Here is Mr. Trumps web site it his opportunity. THE TRUMP NETWORK http://www.donaldtrumpnetwork.mobi Carl Ledu Author

There are numerous Universities and Libraries now researching how to revolutionize the way people read and study. The eBook Reader, an electronic device that can easily be carried with an individual like a traditional book, is an integral part of this cutting-edge technology. The Reader is typically smaller than a basic book and reads any documents that you might normally read from a computer. The eReader can hold multiple documents and therefore would totally eliminate the need for students to carry around multiple textbooks at one time.

In addition, students are often working with a number of electronic documents for research projects and this would eliminate the need to access a computer to review the documents. Handouts, term papers, forms, spreadsheets, and a number of other documents are often carried around from place to place by the student. Almost all of the weight of the textbooks could be lightened and almost virtually eliminated by the eReader. They typical machine weighs about 10 ounces – less than one college textbook.

Asked for his views on eBooks in education, Keir Graff, Senior Editor of Booklist Online responded “How long do you have? Personally, I think they make great sense for school and for reference.” (Direct Contact PR)

Listed below are 7 reasons why the Universities should consider converting textbooks to eBook Readers:

Elimination of Certain Health Problems
Back problems are becoming more and more prevalent in young adults and many people in the medical profession are attributing this to book bags. Years of carrying heavy books on one’s back can certainly take its toll – even on the younger, more healthy individual. This could be virtually eliminated with a Reader. Any one who has carried a heavy load for hours at a time can certainly empathize with the desire to lighten one’s load.

Ease of Use
Many people jump to an area of interest in a textbook or a specific assigned chapter. This is not an uncommon practice and is something that would not be prohibited when using a Reader. Current Readers in the marketplace provide great simplicity when searching for a specific topic or scanning for a topic of interest.

Read To Me Feature
Many of the newest machines have a read-to-me feature which offers many advantages to the student of today. If the student is traveling to and from class or simply cooking dinner or doing activity that permits listening, the specific document, lesson, or information could be read aloud to them which would allow for multi-tasking and more production. When traveling long distances in a car, this benefit could be even more effectively utilized.

Great Storage Space
Many of the most popular Readers provide storage space to accommodate around 1500 books. This would allow the student to have textbooks, term papers, research documents, and even novels for pleasure reading all in one simple location. According to the article “An Introduction to Popular E-book Readers”, with the ability to keep battery power for thousands of page turns or several hours, these e-book readers can be regarded as portable libraries (Digital Book Readers).

Sense of Familiarity
Although some baby boomers seem to want to touch and feel the real book, the generation of today, is far more familiar with holding an electronic device in their hand. Thus, the eBook Reader would not only be comfortable but familiar to the college student today.

Create Space in the Dorm Room or Small Apartment
Any student who is trying to figure out how to create more living space in a dormitory or small apartment would certainly appreciate the benefits of a Reader. No longer would students sharing an area have to find a place to locate all those textbooks, papers, and documents when space is already at a premium.

Cost
By producing eBooks, the university could reduce their overall cost. Ebooks would not wear out like textbooks, nor would the university have to be concerned about books being sold back or leased books returned. This cost savings could be passed down to the student.

Although there are still a few issues to be worked out with having eBook Readers for college students, the pros probably by far outweigh the cons. One issue that is being considered is how one might be able to simulate highlighting or writing in certain areas of the eBook. Many users would find that appealing since it is a study technique that has been utilized for many generations.

Another issue is of copyright and lending from university libraries. The Harold B. Lee Library, the main campus library of Brigham Young University, has acquired Amazon Kindles as a pilot for lending to students. One of the problems is that Amazon states that it is not permitted to lend them, and although Amazon reps have verbally given the nod, this was not put in writing.

According to John Biggs, Technology Writer for The New York Times, “eBooks are the future. The Kindle and devices like it will replace printed text in the next 30 years.”

Only time will tell whether John is right, and whether or not the universities are willing to totally implement cutting edge technology such as the eBook Reader. Their terms of use could be key in their decision. One thing is for sure, however: the changes it would provide for the students are immense and vast, and certainly worth consideration.