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Building
Wealth from Home
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by:
Jeff Schweitzer, Ph.D.
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Learn more at: www.howtobuildwealthfromhome.com
Building Wealth From Home
As you sit in traffic, inching along between irate drivers, you think
to yourself, “there must be a better way.” You get to work, you endure
another tirade from an incompetent boss, and you think, “there must be
a better way.” You work hard, you’re underappreciated, underpaid, and
fed up. After all this, you can barely pay the bills, and haven’t taken
a real vacation in years. There must be a better way.
Now there is! You can be your own boss, work from home, and earn more
money than you ever thought possible.
Benefits of Working From Home
Many people have a romantic vision of working at home, doing chores
while making money, working at their own pace, sipping coffee poolside
with laptop nearby. For most people, that dream will never come true
because of unrealistic expectations and poor planning. But all of the
potential benefits of working at home are in fact possible to achieve,
if you choose the right business and plan properly.
How do you choose the right business? First, you must avoid a retail
business where customers expect you to be available during normal
business hours; it means avoiding a business that requires stocking or
shipping products; and it means avoiding a business that requires any
serious degree of production, which is usually not practical in a home
environment. So what’s left?
What about a business that requires no product, no shipping, no
customer service, and no regular hours. Does such a business exist?
Yes! It’s called trading futures. This is one of very few models that
meets all the realistic requirements for a successful home business.
Wait! Don't be intimidated by something you don't know about. Trading
futures is the most profitable skill you can ever master. Trading
futures is the world's fastest way to riches and freedom. And you can
trade from home even if you have absolutely no experience, and don’t
even know what trading is, or what futures means right now. You will
soon.
Here are just some of the incredible benefits of working at home:
Make more money than you ever thought possible
Every penny you earn is yours
Why make somebody else rich with your labor?
Work from the beaches of Hawaii or a villa in Europe
Work your own hours
No boss
No commute
No employees
Where Do I Start?
We will start at the beginning of course! Like any new subject, at
first the ideas might be a little intimidating. But we will walk you
through at a gentle pace. We will start here by explaining the basics
of futures. If that interests you, we recommend that you go to
www.tradetofreedom.com to learn more. At that web site we describe some
old trading systems that brokers recommend but don’t work, and reveal
the myths and lies on Wall Street that you have to get past to start
really trading successfully. Finally we lead to the STARS method of
trading futures, the approach to building wealth at home that will
change your life. STARTS stands for Securely Trading A Revolving
Spread. Right now that will make no sense, but you will see how it will
change your life by visiting the web site.
What the Heck is a Futures Contract?
Before doing anything else, we need to demystify “futures”. To
understand what we mean by a futures contract, let’s meet Trader Bob.
Our friend Bob is a buyer, meaning he wants to purchase a widget today
because he believes that the widget will have more value in the future.
If all goes well, Bob will buy the widget now, wait for the price to go
up, then sell the widget for a small profit in a month. But where can
Trader Bob obtain the widget? It so happens that Trader Sam (a seller)
has in his possession the widget that Trader Bob wants. Trader Sam
would like to sell the widget today because, unlike Trader Bob, he
believes that the widget will have less value in the future than it
does today. Trader Sam is selling today because he believes that he
will make more money now than if he waits to sell in a month.
So Trader Bob and Trader Sam get together and agree upon a price for
the widget. Trader Bob is now the proud owner. If the value of the
widget indeed increases in the future, then Trader Bob can become a
seller and part with the widget with a profit. If the value of the item
decreases in the future then Trader Bob will have to sell the widget
for a loss.
This basic relationship between buyer and seller is the foundation for
all commerce. Futures are simply a variation on this theme, where
instead of buying a widget now, Trader Bob contracts to buy the widget
in a few months at a fixed price. The transaction still relies on the
buyer believing the price will go up, and the seller believing the
price will go down.
Trading Critters
Futures traders fall into two categories: hedgers and speculators. The
primary economic purpose of the futures market is for hedging, which is
buying or selling futures contracts to offsets risks of changing prices
in the cash markets. Hedge traders, such as large commercial firms that
may actually take delivery of certain commodities, like coffee or
wheat, use futures contracts to protect (hedge) themselves against
changing cash prices.
Speculators, however, make up the majority of futures traders.
Speculators have no commercial interest in the underlying commodity and
have no interest in taking delivery of the commodity. The potential for
profit is what motivates speculators to trade commodity futures.
Speculators buy when they believe that prices will increase and they
sell when they believe that prices will fall. Futures traders using
STARS would be considered speculators.
Basic Basics
If a trader is a buyer, he has taken a long position. A long position
involves the purchase of a futures contracts in the hope that the price
of the contract will increase in the future. Let’s say our friend
Trader Bob contracts in March to buy a widget (a long position) in June
for $10. June rolls around, and the price of a widget is now $13. That
means Bob now has the right to buy the widget for $10 even though the
going rate is $13. Bob goes ahead and buys the widget for $10, then
turns around and immediately sells it for $13, pocketing the difference.
A trader who is a seller takes a short position, which involves the
sale of futures contracts in anticipation of prices falling in the
future. Trader Bob in this case contracts in June to sell a widget in
September for $13. Fall comes around, and the going rate for widget in
September turns out to be $9. Trader Bob buys a widget for that going
rate of $9, then immediately turns around and exercises his right sell
the widget for $13, profiting from the difference. At first, it might
seem odd that Trader Bob is contracting to sell something he does not
yet own. But look at the situation this way instead: in June, Bob makes
a commitment to sell a widget to Sam in September for a guaranteed
price of $13. If Bob can buy the widget for less than that sometime
before September, he will make a profit.
All of this is made simple and easy in Build Wealth From Home. Like
Bob, you too can make huge profits by trading the STARS method. You
just have to take the first step and get your hands on the this book
that will change your life. Let us show you how to trade the right way,
the only way, and a lifetime of prosperity can be yours.
There is no better way to make money at home!
Learn more at www.howtobuildwealthfromhome.com
Copyright © Jeff Schweitzer
PERMISSIONS TO REPUBLISH: This article may be republished in its
entirety free of charge, electronically or in print, provided it
appears with the included copyright and author’s resource box with live
website link.
About the Author
Jeff Schweitzer received his Ph.D. from UCSD in
1985. Jeff was appointed as a science advisor at the White House under
the Bush and Clinton Administrations for three years before devoting
attention to generating wealth through trading futures. He has
published more than 60 articles in diverse areas, including
neurobiology, marine science, international development, environmental
protection and aviation.
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