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Common Wealth Building Myths |
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2008-05-04 |
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There are some common myths that hold work at home businesses and investors from achieving success. These myths can has a powerful psychological impact on small business owners, stopping them from building wealth, and preventing them from reaching their full potential. Money breeds Money This may have been true pre discovery period, but it is not true in the Internet age. The myth that you need to be born into money, or attend an Ivy League school, or you’ll never know how to make real money is a difficult roadblock to overcome. Millionaires are made every day. Most start with nothing, and use a program that failed for thousands of other business owners. Bill Gates, Ophra, and Martha Stewart all started from humble origins. Money is Made on the Backs of the Poor If you are afraid of going for the brass ring because you fear ruining someone else’s life, then relax. Your playbook can be moral, ethical, and built on old fashion values, and it will lead you to untold wealth. The easiest way to become rich is to create value in other people's lives. This myth is high-grade, premium quality nonsense. There is enough money for everyone. Many ‘work at home’ programs prove this. The company may sell 10 000 programs. Just because only 100 people succeeded doesn’t mean that the program was a rip off. Those who do not succeed don't believe they can. Remember that success starts in the mind. You need to believe that you can succeed before you will succeed. You Must Sacrifice Family to Build Wealth The baby boomers believed this and introduced one of the highest divorce rates in recorded history. However, their children have learned the value of balance, and the truth behind wealth. The rich and famous do not work as hard as the factory workers who run the companies that built their wealth. This generation has coined a new phrase, ‘work hard, or work smart.’ There's a difference between working hard and working smart. Successful people learn to work smart. They learn emulate successful people and use them as models so they can avoid mistakes other people make. You can save a lot of time, money, effort as well as some major headaches by finding a mentor, or hiring a life/success coach. Getting your business started and running require work but you can chose to have a successful business and a family. Rich People Cannot Live Normal Lives Most of today’s millionaires live in suburban towns and lead normal lives. The dream of living the rich and famous life has lost its luster. More people are learning that the fantasy of wealth was more attractive than the reality. However, you can live the good life without giving up a normal life. There is no reason why you cannot take a vacation with your family at a local camp ground on the weekend, and then attend a conference in a $2 000 outfit and $800 shoes through the week. Don’t let the fear of being rich stop you from reaching your dreams. Life is sweet. It will be what you decide to make it as long as you remember that no one can define who you are – unless you give them the power to.
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Julien David |
2008-04-14 |
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Title: 3 Big Muscle Building Myths Revealed
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When it comes to the world of bodybuilding, there are plenty of myths and lies floating around. Everyone seems to have a different opinion, and so its hard to know which advice you can count on. Here we take a look at 3 very common muscle building myths that can prevent you from gaining the muscle that you deserve. If I had a dollar for every person that believes in the following myths, I'd be very rich. Muscle Myth 1: The "muscle pump" you get in the gym affects your muscle gains. When working out with weights, blood pumps to your muscles and they appear fuller and more vascular. This is known as a muscle pump, and it feels good. You appear larger, stronger, and more muscular. But the myth about muscle pumps is that they have some bearing on the muscle building process. Those who blindly believe this aim to get a bigger and better pump during their workouts, thinking that their muscles will grow because of it. The reality is, it's nonsense. Your pump has nothing to do with getting bigger muscles, it's just a temporary side effect of training with weights. So enjoy your muscle pumps, as they make you feel good, but don't foolishly believe that it means anything to your gains. Muscle Myth 2: Performing high reps will give you muscle definition. Another big muscle myth is that high reps will make you look more ripped, or defined. I'm sure you've seen those guys in the gym who do endless reps of bicep curls, thinking that their arms will look ripped. Or they do heaps of crunches or situps in order to get a 6 pack. It simply doesn't work that way. To get more muscle definition you need to lower your body fat level so that your underlying muscles will be revealed to the world. Doing cardio exercises and eating less calories than you spend will accomplish just that. Muscle Myth 3: The more you workout, the bigger and better your gains. This is a very common mistake beginners typically make. They go to the gym day in and day out expecting great results. But they make very small progress, or perhaps no progress at all. Sooner or later, you will realize that you need to find the right balance between training and resting. Your muscles need a lot of rest to grow, yet a lot of people don't understand that. Overtraining your muscles can even make you lose muscle. Training only 3-4 days a week for an hour or so each session has been proven to be effective for the majority of those looking to build muscle. Now that you are aware of these bodybuilding lies and you understand the truth, you can rest assured you won't make the same common mistakes as others. If you want to avoid other muscle building myths that will stop you from getting the gains your deserve, check out the Building Muscle Guide. It covers everything you need to know about building a strong and muscular physique.
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Cool Breeze |
2007-11-24 |
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If you could purchase effortless wealth, I am almost certain that it would be sold out often! Many people want a fast easy way to have wealth. The fastest way would be to realize you already are wealthy and are in need of only air. This could be a secret of abundance? More than likely most of us will want to create wealth like building a house from bricks. One by one,and if we can find someone to help with the building that would be great! Creating wealth would seem to be a more logical solution than buying it. Building a solid foundation of knowledge,skills and discipline would most certainly bring long term results for almost any profession. Most of us have jobs that restrict us in some way we do not like. I found our regular people can learn to use the tools that other successful people are using to break away from their jobs and create extra income. OK let me put it another way. How much time and money are you willing to risk to learn how to create wealth in your life? Do you have what it takes to change your life for the better? Yes you do because all it takes is action coupled with knowledge. Taking action only sometimes results in success , How many times have you taken action and not gotten the result you wanted? Only to stop ! Yes Stop! Stop, learn and listen! Find the people on the web that are for real. Find the people that have already learned the principles of wealth and are visibly applying these principles to be successful. Where are they? What do they know that many of us do not? It dawned on me yesterday.The internet is growing so fast that opportunities to profit are also growing and always will. Yes there will always be room for people who want to work hard and make an great living online. Effortless wealth maybe not. But lots of fun plenty of things to learn and great people who actually care if I succeed or not. So dont give up get the proper training learn to use the proper tools and you to can succeed on the web! Coolbreeze http://www.effortlesswealth.com
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Kevin Christopher |
2006-09-07 |
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Title: Wealth Building: Step Away from the Status Quo
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One of the main things that will hold a person back from making money is their failure to change what they are currently doing. The status quo can be deadly to wealth building efforts. Wealth building takes courage and a new way thinking. Holding on to the “this is how we have always done it” way of thinking can be death to any wealth building strategy. If you want to increase income then think outside of the box. Do not do what your parents did - unless they are multi- millionaires. Even if they are, take their wealth building strategy and build on it, improve it, incorporate you own wealth building techniques into their plan to create a better way of making money. The world has consistently improved over the decades because someone had a bright idea of how to make a better mousetrap. It is the same with making money. Millionaire parents are the minority, though, so this wealth building information is geared toward the guy who grew up middle class or even dirt poor but is interested in making money and improving his lifestyle. Though making money is a goal that is desired by many, quite often, viable wealth building techniques elude them. The main reasons that people fail to take aggressive steps towards their own wealth building are because of two things: 1. it takes work, and 2. it takes courage. You have to be willing to work for what you want and take risks to get there. Making money is no different. The first wealth building strategy here is that you should be ready and willing to work. Now, understand that under “work” falls several sub categories including increase self discipline, avoid procrastination and be consistent. There is no easy ride when it comes to making money. Sure, there may be the occasional windfall here or there, but creating a wealth building strategy that you can count on and that consistently brings cash in takes hard work and focus. Self discipline will help tremendously in keeping you focused. Keep your eye on the prize and push yourself to work, to do what needs to be done regardless of how motivated you feel on any given day. This is also how you avoid procrastination. If something needs to be done, just suck it up and do it. If it is a large task that makes you feel overwhelmed, get organized. Organization is a wealth building strategy that will prove invaluable if you use it correctly. Finally, be consistent. Consistently keep your files organized and up to date, keep your records current, and be consistent with your discipline and focus. As far as courage goes when it comes to wealth building, many people tend to be like the cowardly lion from the Wizard of Oz. They talk a good game, growl a lot, but the first time someone says “boo” to them they run and hide. And you know what? That is perfectly natural. It is normal to be afraid of the unknown, of venturing into areas unfamiliar. What is not normal is when those fears control and cripple us. Wealth building takes courage because it usually means stepping outside of your comfort zone. Many people lack the self esteem to do this. They are afraid of failure, they simply think that they are not good enough or smart enough. They are wrong. Most people have the wealth building abilities in them, but those abilities are untapped or their existence is not even known. Fear of failure can stop a great wealth building strategy dead in its tracks. Someone once said, “Can’t never could.” They were so right. If you believe that you will fail then you are quite likely to do just that. Having a positive frame of mind, whether you believe in your ultimate success or not, is integral to increasing income. If you never take the plunge how will you ever know what is possible, what is out there? Believing in yourself is the first step. Venturing into unchartered waters can be scary, but moving away from the status quo can be the wealth building strategy that catapults you to financial freedom. Some people grow up in environments that are not conducive to success and wealth building. To take that situation and turn it into something positive, to rise above the adversity to achieve wealth building success, those are the true heroes. Adopt a “can do” attitude; be willing to jump in with both feet and at least try new ideas and wealth building strategies. Just believe in yourself, do your homework and get ready to work. Kevin Christopher is a member of Success University your online personal development and motivational courses faculty. For access to personal development and motivational courses online visit Success University to continue your learning and development.
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Heidi Richards |
2006-07-15 |
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Title: Finding Your Own Personal Wealth Mentor - Seeking Guidance in all the Right Places
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“The right mentor can be a catalyst to your success in building wealth.” Heidi Richards Don’t know where to begin when it comes to building your own wealth? Oh, sure, you’ve read all the books and know some pretty rich people. And you say to yourself, how did they get so rich? And how can I do the same? You’ve attended wealth building seminars, workshops and conferences on the subject and even perused the internet. All valuable ways to increase your own wealth-building knowledge. And yet, you feel like you’re still missing an important key. What you may need is a Wealth Mentor. Someone to coach you; someone to help you put all the pieces of your new-found knowledge together; someone who is willing to share her own expertise. Just how do you find someone willing to share her expertise and wealth-building strategies? First of all you need to know what to look for. You wouldn’t go to someone who is down and out or struggling financially for advice, you would look for someone who has been there, done that and is still doing it. Making money that is! And the person should be someone you admire, trust and is willing to share her time with you, to coach you. The mentor/protégé relationship can be an informal one whereby you ask occasional advice or it can be more structured where the two of you meet frequently (at scheduled intervals) and discuss your goals and aspirations. A mentor must be not only be willing to do so, she must be committed to your success. The first thing to do when seeking a mentor is write down the attributes you want your mentor to possess. Does your wealth mentor need to be a millionaire or would someone financially solvent be sufficient? What other attributes and characteristics do you want your mentor to have? A good mentor is non-judgmental, open and honest, a good listener, good observer, has the time and expertise you need and is patient. And don’t’ think the mentor is going to do it all for you. This type of relationship is a two way street. It should be mutually beneficial. A good protégé must have a genuine desire to learn, is non-judgmental, trustworthy, ethical, takes initiative, asks for feedback and gives feedback on her progress. A good protégé learns to be a good listener. Does your mentor need to be local or could it be someone you could contact via phone or virtually? Many good relationships are virtual these days. Since the emergence of the Internet, coaches and mentors around the world have moved their practices online and via phone. Make a list of people you know who might fit your criteria. If you are having trouble coming up with names, ask your circle of influence for some suggestions. If you don’t know the persons suggested, ask for a formal introduction. You can join your local Chamber of Commerce or other professional associations and get involved. By attending meetings regularly people get to know you and the ideal mentor might be right under your nose. Three words of caution when searching for a mentor: your email inbox. With the overwhelming email we receive each day, there is undoubtedly tons of emails in your inbox from people offering to show you how to get rich quick by following their advice, signing up for their system, selling their “product that sells itself. Hey, if the product really sold itself, why would it need so many people to promote it? I’m not suggesting that there aren’t really good products out there that you could represent that may lead to your financial success. What I am suggesting is that you need to use caution and reason when deciding if the people who make the claims are for real. And that’s another chapter all together. Choose wisely to find someone who is committed to the relationship, will give you time, and wants to see you thrive. Look for someone you can relate to, be open with and want to spend time getting to know better. The right mentor can be a catalyst to your success in building wealth. And isn’t that your goal? © Heidi Richards Founder & CEO of the Women’s ECommerce Association, International www.WECAI.org and host of the Woman’s Wealth Summit taking place on July 29, 2006 via teleconference. When you register for the summit, you receive 2 eBooks Millionaire Women and Get Rich – The Women’s eGuide to Building Wealth (not currently available to the public) Visit: www.womanswealthsummit.com for more information. You have permission to use this article in your own publications provided the above copyright and signature information is included.
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M J kohn |
2008-04-26 |
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Title: Eliminate the Myths and Create Wealth Through Cash Gifting
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What is the essence of separation between the rich and the not so rich?
Have you ever given any thought to the simple myths that may keep you from achieving wealth, or for that matter anything else you may desire in life, in your work at home business? You could be involved in any home based business opportunity, MLM, travel opportunity or cash gifting program and you just don't see yourself as being able to achieve that 6 or 7 figure income the heavy hitters tout as so easy and that you desire.
Two important quotes to remember and apply from Harold S Geneen; the businessman who led ITT, are "We must not be hampered by yesterday's myths in concentrating on today's needs." and "You can't run a business or anything else on a theory." With those quotes in mind let's explore some of those myths that some hold onto so dearly.
First Myth: You need the right education to make a fortune.
Have you ever thought to ask a renowned professor what he or she made in salary? Most are highly educated, but not all that wealthy. Formal education does not equate to wealth or performance in anything that you do. A strong vision and direction with a conversion of knowledge will lead to desired wealth.
Second Myth: I don't have enough money to start doing anything.
Sounds a bit like an excuse, doesn't it? Business empires that are worth billions of dollars today have been started in a basement or the garage out back. Don't get me wrong… Some "seed money" can be helpful, but desire and effort will go a long way toward success.
Third Myth: I'll start next week when I have a clearer picture.
There's an old saying; the more I learn, the more I see that I still need to learn more. Take action today… don't wait for tomorrow, it may never come. Opportunity passes us by every day. You need to first see the opportunity and then seize it and make it your captive.
Forth Myth: Making money used to be a lot easier.
If we go back 15 years history will show, that with the advent of the high tech world we live in, there have been more millionaires made during that time period than in all of previous history. More and more business opportunities become available everyday.
Fifth Myth: I'm to young/old to start now.
Poppy Cock I Say… Now that makes me sound old, doesn't it? Truth is you are never to young or old to start making your fortune. How old was Bill Gates when he started Microsoft? Twenty? How about Ray Kroc when he started McDonalds? Fifty? You get the picture!
Sixth Myth: You need to get in the right business to build wealth.
This one should be easy. If there was a "right business" to make your fortune, well then everyone would be in that "right business". It is much more a matter of vision for success than the optimum business. Remember most widgets have been developed with a single thought to get the process rolling.
Seventh Myth: Never make money on what you enjoy doing.
Most people that have developed wealth continue to do what they do. Why you may ask? Because they enjoy what they do. They take satisfaction in what they do and enjoy the challenge. If you can make money at what you enjoy doing it really feels like you never have to work.
Eighth Myth: How much you can make depends entirely on how hard you work.
Have you ever watched a longshoreman working on the dock on a 90 degree day with 100% humidity? He/she is working hard is a fair assessment. No matter how hard they work, they still get the same pay. Working hard does not always equate to creating wealth.
We all have within us an under or undeveloped and undiscovered millionaire, waiting within to tear free of our own restraints, to be freed of doubt and pounce on that business opportunity staring us in the face. With that in mind take a minute or two and memorize this simple saying: If I Do Today What I Did Yesterday, Will I Be Where I Want To Be Tomorrow? If you can say yes when you repeat that simple phrase you are well on your way to financial freedom. Stay focused, positive and always, above all else, keep your dream alive and fresh in your minds eye.
Watch for more informative articles on cash gifting and other work at home business opportunities to be posted in the near future.
God Bless and Always Remember Only You Can Make It A Great Day!
Michael J Kohn
President
New Image Marketing Group, Inc.
Please Visit Us At: http://www.PassiveMillions.com
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Mehmet Onatli |
2008-03-27 |
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Title: The Most Deadly Link Building Myths
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Here are some myths that many webmasters faithfully follow. Test results show proof that these are no correct theories. They may be understood incorrectly or invented by wanna be gurus seeking attention. So let us start with the number.
Link exchanges are dead myth.
This practically means that you loose thousands of backlinks if you deny link exchanges.
There are certain guidelines to follow when doing link exchanges however they are great link building method. They are highly effective as well, you cannot say link exchanges are no longer that effective. They still are as much as they were. That was going to become some new theory as well. By effective one understand they are very easy to get and search engines consider them powerful.
What is dead for sure are blog comment posting probably, since almost all blogs are now using nofollow tags. The two most effective methods to get links are article submission and link exchanges. Obviously article exchanges are much better than link exchanges, but they are not effective, since it is too difficult to make at least one article exchange. So you cannot say they are more effective or more powerful. The reality is they are not.
Make link exchanges with only related or relevant sites myth.
This is big one, because even some popuplar people mention it, so webmasters believe into it more quickly. However luckily not everyone believes this theory. Again, results show that you can get links from any website. The more links you have the better.
It can be good idea to create a highly focused link directory first, but then you can expand. However if you are very familiar with link exchanges, and you can get many of them very quickly, you can get from any theme instantly.
Make link exchanges with websites that have a specific pagerank myth.
It means one thing, you loose a ton of links, denying certain websites. It does not matter if the site has pagerank zero or ten, it is still an important link to get. This will only affect your rankings in a positive way by exchanging links with all websites.
Ok, some have pagerank zero and you did all that work and have a pagerank of four. So what? Do you no longer want backlinks because you have a higher pagerank? Everyone needs backlinks, no matter your pagerank.
Article submission myth.
There are many things wrong, including the duplicate content theory. It strictly does not exist, webmasters simple understand it wrong. Submitting the same article to all article directories and everywhere is a great thing, you get all those one way links.
Spinning titles, descriptions and so forth is not required. No article, webpage or website will get banned by doing this.
However if you grab an article from some directory to put it on your website, it is a good thing to do if you link to the source. Not only because you should give credit to the author, but spiders appreciate it.
What you need to make unique is meta tags. I am not saying you can have exactly similar webpages on your website. That is not a good thing to do, obviously.
Making sure you do not fall victim to invented theories or incorrect ones is important. A new theory is created out of nowhere every now and then. This is happening all the time and these spread like a virus. People seems to love talking about what works and what does not.
However what is important is to stick with what works and avoid believing into new things as if they are some strict rules.
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2007-08-03 |
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Title: 6 Common Income Generating Mistakes
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There are five common mistakes that repeatedly cost investors any chances of building wealth. Knowing how to avoid these mistakes, and preparing to build wealth can significantly increase an investors chances of building wealth.
Get Rich Quick
There are many investors and people seeking passive a passive income who expect to make thousands of dollars over night. The Get Rich Quick trap makes investors vulnerable to scams, and causes them to quit, usually just before they start reaping the rewards of their efforts.
Many people expect to make money too quickly. They expect to put very little money and time into their investment, and earn thousands within weeks. If it was this easy, everyone would do it.
Too Much Time Spent Preparing
Most of the information on the internet is designed to sell something. There are very few web sites that offer viable information. Those that do, cater to people who have surpassed the basics and are looking for a real opportunity.
Too many new investors spend all their time surfing websites, reading newsletters, and looking for anything of value to give them an edge, instead of actually investing their time in generating an income.
If anyone had any secret of success, they could sell it for hundreds of thousands. You can surf the web for years and never find a quick way to get rich. However, you can find websites dedicated to teaching you how to get rich.
Balance
It doesn’t matter whether you are an investor, work at home business owner, or looking for multiple streams of passive income, there must be balance. Too many people pick the tasks they enjoy doing, and spend all their times focusing on those aspects, ignoring the rest.
A business needs balance to grow. It needs all factors of investing, or business management, taken care of, or it will crash one day.
My Way is Good Enough
Too many people step into the investment arena, or start a business, without learning how to succeed. They have the ‘my way is good enough’ attitude. No one can teach these people, and any time spent learning is a waste of time.
These people are always busy working, but they never seem to make any money. That is because they focus on one or two aspects of business management that they understand, and leave the rest.
These people are also the first to label something they don’t understand as a scam.
Successful investors and business people read books and take courses. They do not believe that someone will sell them the secret to success for $50, or offer everything they need to know free.
Chasing Success Stories
Many small business owners and investors make the mistake of following the trends. This is common among property or stock investors. They do not follow the markets, they try to find a hot product, or a great performing market, and then invest in it. Unfortunately most of the money has already been made, and only the scammers and cons are left.
Fail to Plan
There is a saying that states ‘a failure to plan is a plan to fail.’ This is true in all aspects of business and investing. A plan should not just state that you intend to make $10 000 in a year. It should tell how you plan to do it. The plan should include the goals, objectives, risks, diversifications, and the benchmarks. There should be a short term plan and a long term plan.
If a program is not a part of the plan, do not invest in it. Too many investors become involved in too many projects, leaving them cash and time strapped, unable to devote any resources to success.
Many people never define their goals. They never write out a plan to see if the program they are involved in can, or has in the past, helped others reach their goals.
In the end, it all comes down to education. The only way to succeed is to educate yourself, so that you can avoid the common mistakes which ruin our chances of building wealth.
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Mark Walters |
2007-08-04 |
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Title: 6 Common Income Generating Mistakes
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There are five common mistakes that repeatedly cost investors any chances of building wealth. Knowing how to avoid these mistakes, and preparing to build wealth can significantly increase an investors chances of building wealth. Get Rich Quick There are many investors and people seeking passive a passive income who expect to make thousands of dollars over night. The Get Rich Quick trap makes investors vulnerable to scams, and causes them to quit, usually just before they start reaping the rewards of their efforts. Many people expect to make money too quickly. They expect to put very little money and time into their investment, and earn thousands within weeks. If it was this easy, everyone would do it. Too Much Time Spent Preparing Most of the information on the internet is designed to sell something. There are very few web sites that offer viable information. Those that do, cater to people who have surpassed the basics and are looking for a real opportunity. Too many new investors spend all their time surfing websites, reading newsletters, and looking for anything of value to give them an edge, instead of actually investing their time in generating an income. If anyone had any secret of success, they could sell it for hundreds of thousands. You can surf the web for years and never find a quick way to get rich. However, you can find websites dedicated to teaching you how to get rich. Balance It doesn’t matter whether you are an investor, work at home business owner, or looking for multiple streams of passive income, there must be balance. Too many people pick the tasks they enjoy doing, and spend all their times focusing on those aspects, ignoring the rest. A business needs balance to grow. It needs all factors of investing, or business management, taken care of, or it will crash one day. My Way is Good Enough Too many people step into the investment arena, or start a business, without learning how to succeed. They have the ‘my way is good enough’ attitude. No one can teach these people, and any time spent learning is a waste of time. These people are always busy working, but they never seem to make any money. That is because they focus on one or two aspects of business management that they understand, and leave the rest. These people are also the first to label something they don’t understand as a scam. Successful investors and business people read books and take courses. They do not believe that someone will sell them the secret to success for $50, or offer everything they need to know free. Chasing Success Stories Many small business owners and investors make the mistake of following the trends. This is common among property or stock investors. They do not follow the markets, they try to find a hot product, or a great performing market, and then invest in it. Unfortunately most of the money has already been made, and only the scammers and cons are left. Fail to Plan There is a saying that states ‘a failure to plan is a plan to fail.’ This is true in all aspects of business and investing. A plan should not just state that you intend to make $10 000 in a year. It should tell how you plan to do it. The plan should include the goals, objectives, risks, diversifications, and the benchmarks. There should be a short term plan and a long term plan. If a program is not a part of the plan, do not invest in it. Too many investors become involved in too many projects, leaving them cash and time strapped, unable to devote any resources to success. Many people never define their goals. They never write out a plan to see if the program they are involved in can, or has in the past, helped others reach their goals. In the end, it all comes down to education. The only way to succeed is to educate yourself, so that you can avoid the common mistakes which ruin our chances of building wealth.
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Raynor James |
2005-12-29 |
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Title: Wealth Building – An Advantage Of Home Ownership
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As you grow older, the issue of wealth building comes front and center. Wealth building simply refers to increasing the net value of your total assets. Wealth building over time is one of the advantages of home ownership. Building Equity Owning a home can help you build wealth in two ways. First, you build equity by paying down your mortgage. A certain percentage of each mortgage payment goes towards a reduction in the total amount owed. Typically, payments in the first few years of the mortgage are primarily applied to interest on the loans. As time passes, however, more and more of each payment is applied to the outstanding loan amount. Before you know it, the $300,000 loan is down to $50,000 and you’ve gained $250,000 in wealth. Appreciation is the second wealth building advantage to home ownership. Each year, the value of your home will increase or decrease slightly based on market prices. Over time, real estate has always appreciated in value. In the current market, homes in some parts of the country are appreciating at rates as high as fifteen to twenty percent! Appreciation is a very popular subject with homeowners. Wealth Building Example Let’s look at a simple demonstration of how advantageous home ownership can be. Assume you buy a home in 2005 for $400,000 and, for the purpose of simply mathematics, pay no down. Over the next 10 years, your mortgage payments reduce the outstanding mortgage by $100,000 and the home increases in value to $600,000. The value of your home as a net asset has grown to $300,000 [$600,000 minus $300,000]! If you had rented during this period, you would have missed out on $300,000 in wealth. This simple example should show you the advantage of home ownership. Historically, home ownership is one the best ways for families to build wealth. If you don’t currently own a home, you should start looking for one.
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Sean Nalewanyj |
2006-02-15 |
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Title: 4 Harmful Muscle-Building Myths Uncovered
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If you're serious about making a solid commitment to a muscle-building program, you need to be very careful of who you take advice from. Bodybuilding and fitness is literally a multi-billion dollar industry with new websites popping up every single day. Many of the so-called "experts" out there really don't have a clue of what they're talking about and are only motivated by pushing expensive pills, powders and "miracle programs" on you that you don't really need. If you don't watch your step you may end up falling for some fatal muscle-building pitfalls that will literally destroy your gains and prevent you from ever achieving the impressive, muscular physique you desire. In this article I'm going to expose 4 very common muscle-building myths in order to keep you on the proper path to the mind-blowing muscle and strength gains you deserve.
Myth #1: In order to build muscle, you must achieve a "pump" during your workout. The greater the pump you achieve, the more muscle you will build.
For those of you who are just starting out, a "pump" is the feeling that you get as blood becomes trapped inside the muscle tissue when you train with weights. The muscles will swell up and leave your body feeling bigger, tighter, stronger and more powerful. While a pump does feel fantastic, it has very little, if anything to do with properly stimulating your muscles to grow. A pump is simply the result of increased bloodflow to the muscle tissue and is certainly not indicative of a successful workout. A successful workout should only be gauged by the concept of progression. If you were able to lift more weight or perform more reps than you did in the previous week, then you did your job.
Myth #2: Building muscle will cause you to become slower and less flexible.
This one goes back to the old days when people described bodybuilders as being "muscle bound" and "bulky". Contrary to what you may think, building a significant amount of lean muscle mass will actually speed you up rather than slow you down. Muscles are responsible for every movement that your body makes, from running to jumping to throwing. The bottom line is that the stronger a muscle is, the more force it can apply. Having stronger, more muscular legs means increased foot speed, just as having stronger and more muscular shoulders means the ability to throw farther. Strong muscles are able muscles, not the other way around.
Myth #3: You must always use perfect, textbook form on all exercises.
While using good form in the gym is always important, obsessing over perfect form is an entirely different matter. If you are always attempting to perform every exercise using flawless, textbook form, you will actually increase your chances of injury and simultaneously decrease the total amount of muscle stimulation you can achieve. Remember, we are not robots! It's very important that you always move naturally when you exercise. This could mean adding a very slight sway in your back when you perform bicep curls, or using a tiny bit of body momentum when executing barbell rows. Loosen yourself up a bit and move the way your body was meant to be moved. Obsessing over perfect form will actually work against you rather than for you.
Myth #4: If you want your muscles to grow you must "feel the burn!"
This is another huge misconception in the gym. The "burning" sensation that results from intense weight training is simply the result of lactic acid (a metabolic waste product) that is secreted inside the muscle tissue as you exercise. Increased levels of lactic acid have nothing to do with muscle growth and may actually slow down your gains rather than speed them up. You can limit lactic acid production by training in a lower rep range of 5-7, rather than the traditional range of 10 and above.
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