Mutual Finance

Life is not a competition.

Not at all. Life itself is abundant and rich and overflowing. Take a look at a tree full of ripe fruits or a field full of grain. Just by looking at it, it makes you feel rich and abundant. And you feel that there is more than enough for everybody. But usually the abundant mentality stops there.

Many of us are born and raised in a strong belief system that says that there is never enough of what we need or want. For many this is also more then a belief, it is a fact of life. There is not enough food, not enough money, not enough love, etc. You learn to think that if you don’t make sure to take your part, someone else will take it.

That is where you start to believe that life is a competition. You have to be better, stronger, faster, prettier, taller, and skinnier or whatever else you can be more than others.

But fact is that there is more than enough of everything we need and want. There is more then enough food, so nobody would have to starve. There is enough medicine to save millions of lives, and there is enough money. If all the money in the world would be balanced more equally, everybody would be very rich!

I know this may sound simple and easy, and that there are many reasons why I am wrong, but please put aside judgements and opinions for a moment.

Start to think like you care for people instead of compete with them. Would it not be fair if all human beings had equal rights? That everyone would have the right to get food, shelter, medicine and basic education. I am not talking about equality here, like the communistic idea that everybody should be earning the same, regardless of what they are doing. I am talking about getting basic needs covered. If basic needs are covered, people can choose how to live their life, instead of having to fight to survive.

With competitive mentalities like Survival of the fittest and Dog eat Dog, we justify that people are starving to death. We think that if someone wins, someone has to loose. It is now time to change this into a win-win mentality. That means we think, talk and act in a way that we want everybody to benefit. It is a way of thinking that includes all human beings. This way of thinking comes from the understanding that we are one.

We are one human race on one planet.

When I see myself as a part of this world I feel that the world is my responsibility. I understand that what I am thinking, saying and doing will affect the world. What I think, say and do to the world, I do to myself since I am a part of the world. That makes it more difficult not to care about what is happening, because I know that it directly affects me.

With competitive mentality, I do not mean the drive you have to do your best. That you want to do your best is a fantastic asset and a driving force in your life. Wanting to do your best is a great motivation! If you do your best you are the best. That means everybody is unique and exceptional, just by being who they are.
Do your absolute best; strive to do what you love with the highest quality ever seen. But do it from a place inside where you want to come out with who you are, and not to overrun others. If you do what you love doing, you are competing in a natural way; you are on top because you are giving your very best.

You hear athletes talking about “The Flow”, that means the space where their performance comes easy and seem effortless. You can also reach that space with your work, and that is actually what life is meant to be. Not a struggle, not a competition, but a flow. This flow is an energy that comes out of you because you want to create.
So remember to make your competition a heart-full one and not a horror-full one.

When you do your best, you are the best!

Copyright (c) 2005 Oyvind Hennum

Oyvind Hennum’s web site: Financial Freedom Online - A free resource directory containing book reviews, articles, biographies, motivational quotes, affirmations, practical tips, budgeting and saving advice, success tests and free e-books.

Read my review of the semi automatic article submission software Article Submitter Pro: Article Submitter Pro Review

Or visit the Personal Finance Directory

Share This

Have you ever wondered why some people seem to be
blessed with miraculous success while others are not?

Successful people don’t achieve their success by accident.
It takes much more than skills and talents to attain great
success in life. Even the most talented people can fail. It’s
the ones who recognize their power and use it to their
advantage that achieve the success they desire!

Jim Carey deliberately used his power to strategically
produce success at a time when things were challenging in
his life. In 1987, he was married with a new baby, living in a
single apartment in Los Angeles, and working in comedy
clubs at night. Afterwards, he would drive to the top of
Mulholland Drive and look out over the city where he
affirmed that he was the most sought after comedian in the
business. He experienced what it was like to be that
successful and didn’t come down from the mountain until
he felt like he was. He also wrote himself a check for $10
million dollars for acting services rendered. A path opened
up that eventually led him to that success. On the day that
his check was dated, Jim Carrey was worth 10 million
dollars. He later became one of the world’s highest paid
actors and able to command $20 million a movie.

You, too, have the power to achieve tremendous success. It
just takes understanding your power and then setting your
desires into motion!

Skyrocket your business to success by using just a few
simple techniques!

1. START YOUR DAY BY STATING A POWERFUL
DECLARATION!

Your words are powerful! The words that you speak and the
thoughts that you think attract to you the exact conditions that
you focus upon the most consistently. If you want to be
successful, your words and your thoughts need to
consistently confirm your success!

* Affirm: “Enormous quantities of money are being drawn to
me from everywhere and I see myself becoming financially
independent immediately!”

2. WRITE IT DOWN!

Take advantage of the Power of your word!

Everyday write down:

* “I see my business skyrocketing and becoming an
immediate financial success! I consistently net over $
easily and effortlessly every single month!”

Or:

* “I see all of my investments doubling and tripling
consistently, which make me a multi-millionaire
immediately!”

3. FEEL LIKE IT!

Take a moment each day and experience what it feels like to
be the success you desire.

Example: While you are sitting at your desk, close your eyes
and experience yourself sitting in a location that you would
be in if your success were a reality now! Such as:

* Sitting at a desk in your new office:
Feel how comfortable your new leather chair is and imagine
yourself feeling how smooth the hardwood finish is on your
desktop. It feels so wonderful being in your brand new
office. It is so beautiful, and everything is so clean and
organized. You hear your phones continually ringing with
orders and a competent staff is taking all of the calls. Your
business has become so successful that everyone is
seeking you out and buying everything that you have for sale.

* Sitting on a chase lounge by your new swimming pool:
Feel how relaxing it is to be lying out on a comfortable chase
lounge next to your beautiful new pool. The air is clear and
smells so good, and the heat from the sun feels so
soothing on your body. You are so grateful that your
business has become such a tremendous financial
success that you can now take time off to consistently relax
and play with your family!

* Being on your own yacht on the ocean:
Feel how exhilarating it is to be cruising out on the turquoise
ocean on your own magnificent yacht. You love the smell of
the fresh ocean air and you can feel the sea breeze on your
face. You are so grateful that money is just pouring into your
life! Lucrative opportunities became available to you that
enabled you to immediately become a huge financial
success! Your business is now generating millions of
dollars in passive income and you have lots of time to do
what you love. You have fun traveling and relaxing…all year
through!

or…

* Being on stage being interviewed by Oprah Winfrey!:
Her producers sought you out because your product has
become one of her “Favorite Things”! You are now a world
renown success and the revenues have not only afforded
you a lavish lifestyle, your contributions to charities have
empowered everyone throughout the world.

Use your imagination! Whatever you impress your
subconscious with consistently, will soon be reproduced in
your life.

© 2005 Carole Dore, PowerVision Dynamics,
CreateMoneyFAST.com

NOTE: Some excerpts within the above article are taken
from “The Emergency Handbook For Getting Money FAST!”

ABOUT THE AUTHOR:

Visualization expert, Carole Dor

Share This

Oil price rebounds on Thursday October 5th, 2006 on the news that OPEC will cut 1 Million barrels per day production effective immediately. Saudi Arabia, the largest OPEC oil producer, will reduce its output by 300,000 barrels per day. Will this production cut help oil price? OPEC members certainly hope so.

In the short to medium term, I feel that it is a futile effort. For starters, after a nearly harmless hurricane season over the summer, winter is predicted to be warmer this year. As a result, energy consumption is expected to be less burdening.

Secondly, the US crude distillate stocks rose by 3.3 Million barrels last week. That signals the buildup in inventory which is bearish for oil price going forward. Furthermore, the rise of oil price this past year was accompanied with rising inventory, which is puzzling. Therefore, it is about time that oil price declines, no matter what the inventory figure is. That being said, it will take a lot of declining inventory to help prop up oil price.

Thirdly, the rise of oil price has triggered a new oil exploration that would otherwise will not be funded. This project will bear fruit after five to ten years. It is expected that the first batch of this new project will come online within the next one or two years. To recover the huge capital expenditure, it will be best for this new oil production field to keep producing oil. That will put pressure on oil price further.

Fourth, the federal fund interest rate is at 5.25% versus 1.00% several years ago. This would scale down speculations which we believe has contributed significantly to the rise of oil futures. When you can get 5.25% by doing nothing, you would be inclined to not borrow huge and simply put your money in the bank. Furthermore, the effect of interest rate change is felt 9 to 12 months ahead. The Federal Reserve started lifting its fed fund rate on June 30th 2004, until now. Therefore, the effect of 5.25% interest rate will still be felt around one year from now.

Fifth, housing market in the United States has slowed down considerably. Home builders had reported declining profit expectation in the midst of severe slowdown in some areas. There are some bold predictions that forecast a double digit decline in home price until 2009, however, even the most optimistic forecast still foresees a modest decline in home price. This is a picture of a slowing economy, which will dampen demand for oil.

Sixth, natural gas blown out by Amaranth hedge fund, showed how dangerous speculating in commodity market is. This will temper down speculative bet on oil, natural gas for quite some time. We feel that those speculative bet has helped prop up oil price in recent past. Further, the Amaranth blow out clearly shows that commodity price has many speculative excess that can burst anytime.

Seventh, natural gas price and other energy sources has declined sharply. Energy price will generally go hand in hand. If natural gas price has dropped by more than 60% while oil price dropped merely 25%, it brings us two possibilities. Either natural gas price will rise while oil stays constant, or natural gas price will stay constant while oil price will drop. With the action of OPEC members to hastily cut production immediately, we believe that it is the latter.

Eighth, technologies has helped companies getting smarter in locating oil patch. On September 5th, 2006, Chevron announced that it has successfully discovered oil in deep Gulf waters that boost US’s oil reserve by 50%. Yes, you heard it right. 50% more. While it will need billions of dollars to extract the oil and distribute it, it shows that high price of oil will stimulate more exploration and deep drilling. Therefore, oil price cannot rise indefinitely.

Ninth, OPEC members are as addicted to oil as we are to our SUV. They need the oil money. Who would oversee that OPEC members reallly abide by the production cut? In the past, some OPEC members will ‘cheat’ by overproducing and sell it on the black market. While price has dropped over the last two month, oil price by historical standards is still quite high.

Tenth, one of the culprit for high oil price is China, where it has been gulping up oil for its rapid economic growth. That may be true, but China’s economy has grown in the double digit each year way before oil price gets this high. We believe that the recent commodity sharp rise has anything to do with China hosting the Olympics on 2008. It built up its infrastructure ahead of the game and as 2007 approaches, I believe that the construction is almost complete and commodity demand will slacken in the next year, including oil.

In the long run, as oil is in limited supply, its price should rise. However, in the short to medium term, oil price may have taken a breather due to the ten reasons above. All these forces has made it extremely difficult for us to be in the bullish mode for oil, at least for the next twelve months or so.

Novice Investing is the online investing guide for beginners. You can also submit investing articles here.

Share This