Articles About Cash And Money

Breakdown Investing: Three Money-Making Stories That Will Inspire You to Find the BigIdeas Hidden Inside the Trends

(PRWEB) June 18, 2008 -- Do you leave your investing decisions to the "experts"? Or do you rely on your own brainpower to figure out what might be the next big thing? Jim Mellon and Al Chalabi, authors of The Top 10 Investments for the Next 10 Years: BigIdeas, MoneyFountains and Your Path to Prosperity (Wiley, February 2008, ISBN: 978-1-84112-802-3, $29.95), say that if you let professionals do your thinking for you, you might find yourself joining the masses in chasing after the obvious trends. To see where the real money is hiding, you need to look deep inside the trends.

"Break down a trend to its most basic parts," advises Mellon. "Somewhere inside that chain of basics is the key to riches."

He offers three examples from his book that show how a little focused thinking can make you a lot of money:

BigIdea #1: The Sources of Solar. Solar power is sure to be a big deal as citizens and governments become more and more determined to move away from harmful and quickly depleting fossil fuels. The solar cells on their own won't make for a good investment for several reasons: There will be too many players, it is hard to judge which are the better of them, and technological change will obsolete capacity almost as fast as it comes. You have to take the idea a step further and think about what the very basics of creating solar power are--metals! Gallium, indium, germanium, and other materials are now being used in thin film PV technologies as semiconductors. And investing in companies with deposits of these metals, or those that are mining for these metals, is the way to go.

BigIdea #2: The Levi Strategy. Mining for gold may not produce riches upon riches for you these days, but the Gold Rush days do provide important insight into how we should all think about our investments. Sometimes the easiest way to success means thinking outside the box, and it's the people with that mindset who made all of the money during the Gold Rushes of the 1800s--not the miners themselves. A great example of this is Levi Strauss & Company. When Levi came to San Francisco during the Gold Rush, he knew the mines weren't the best place to make a lot of money. At the time, there was a high demand for more durable clothing for miners that could withstand the wear and tear that comes with their profession. Levi Strauss recognized this need and worked with a partner to develop pants made from a stronger material than the cotton that was used to make the clothing of the day--inventing what we know today as blue jeans. The jeans were a big hit with miners and the funds made from their success helped build the foundation of what is still a popular and thriving company today.

"To apply Levi's thinking to today's market, you might want to consider some outside-the-box thinking with regards to green investments," says Mellon. "For example, you might invest in a company that makes and sells mining equipment--the equipment being used to excavate the metals used in PV cells and the uranium used in nuclear power, for example--rather than the one that is doing the actual mining."

BigIdea #3: Fueling Up. One of the things Mellon and Chalabi discussed in their last book, Wake Up!--and get into in more detail in this book--was how, at least in the interim, nuclear power remains the cleanest, quickest, and most practicable option for the world to pursue. But nuclear power depends on a fuel that two years ago was little talked about, hadn't been aggressively explored for a long period of time, and whose price was languishing at very low levels. That fuel was uranium.

"A little later, I invested in a uranium company along with someone with a great understanding of the industry," says Mellon. "Our initial investments amounted to less than $150,000, but we were on to something. Not only was uranium going to be needed in greater quantity--as more nuclear power plants were being built, particularly in China--but Russian supplies of uranium, largely from the decommissioning of old nuclear weapons, were drying up. The price of uranium was low and the opportunity high, the perfect confluence for a great investment idea. My business partner knew the people to make it happen and he catalyzed a company, which, after several rounds of finance and listing on the London and Toronto Stock Exchanges, was sold after only two years for $2.5 billion."

"Get just one of your own BigIdeas right, and you will end up with what we call a MoneyFountain," says Mellon. "That's exactly what it sounds like, and it's great for your bank account. That's why just thinking of your own list of big ideas and waiting for, or even better, searching for the investment opportunity to match them, makes such good sense. See? A little creative thinking can go a long, long way."

About the Authors:

Jim Mellon is an investor with interests in companies in several industries. Jim spends most of his time working on startup ideas and on investing.

Al Chalabi is a business consultant, entrepreneur, and author who has been based in Asia for eleven years and has extensive experience of developing economies. He helps corporations establish and grow their operations in Asia, particularly in emerging economies like China.

About the Book:

The Top 10 Investments for the Next 10 Years: BigIdeas, MoneyFountains and Your Path to Prosperity (Wiley, February 2008, ISBN: 978-1-84112-802-3, $29.95) is available at bookstores nationwide, from major online booksellers, and direct from the publisher by calling 800-225-5945. In Canada, call 800-567-4797.

###

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:

PayDay Loan Online - Quick Cash Advance Loans Online Are Very Convenient
Getting a quick cash loan, cash advance or payday loan has never been easier than it is today, thanks to the internet. Today you can apply and be approved for a payday loan or cash advance fast, in the comfort of your own home.

Payday Cash Loans: Urgent Money till Next Payday
You never know when you will be in a tough situation and will require money within a short notice. Nobody can foresee the future and the future is not in your control. A sudden utility bill of an unexpected amount or any medical emergency can make you suffer financially. Even in the days of festivals you may need some urgent cash to buy gifts for your friends and family. You may not have sufficient reserve of funds to meet the urgent requirements and the next payday may also be far away. In those situations you can apply for a payday cash loan.

Cash Til Payday Loans - When Is The Best Time To Get A Quick Cash Loan
There are times when a cash advance loan or payday loan may be a good way to get you out of a tight, financial scrape. There are times when a payday loan may be a wise decision.

Online Cash Loans: Fast and Easy Cash Loans
As we all know, people have many needs. Some are planned and some cannot be planned. For the unplanned and planned needs many people are not prepared. So online cash loans are designed to help these people in their time of need.

Cash Out Refinance Mortgage Loans – Home Equity, 2nd Mortgage or Cash Out Refinance Loan
There are some definite benefits to doing a cash out refinance. Just make sure that overall you are not going to be spending more money in fees and interest doing a cash out refinance as opposed to a home equity loan.

Shaking Your Money Tree: Seven Ways to Make Quick Cash
Does your business have a money tree you can shake when a little extra cash is needed? Every business should have one!What I mean by a money tree is something you can do to quickly generate revenue when you need it. Where can you find a money tree? Although you can't buy one at your local garden store, they are more common than you might imagine.

Fast Cash Loans - When You Should Borrow and When You Should Wait
A fast cash loan should be an option used as a last resort to avoid a financial emergency. With its interest rates, a cash loan should not be used to purchase the latest gadget or fashion item.

First Cash Loan: Cash To Meet Your Financial Emergencies
Life is unpredictable. No one knows what will happen in the next moment. Cash is something that one may need for any reason, any time. Shortage of cash leaves a person in a firtghtening position. For most people a financial crisis is not unexpected towards the end of the month. However, there are other expenses like medical emergencies, school fees, maintenance of a vehicle that will place everyone under pressure. To meet all these basic family expenses Fast cash loan is a handy and convenient way to get cash in advance. Considering all these things Direct Cash Now has come up with its fast cash loan offer, a fast application process to provide you the money when you need it.

Discover Fast Cash No Credit Check Loans For Your Emergency Cash Needs
Payday loans, which are also known as paycheck advances, have become increasingly prevalent in recent years. There are a growing number of men and women who find themselves with so many bills to deal with or an emergency situation that they have to have some source for immediate cash. The mechanics of payday loans are simple. Payday loans are extended by credit companies as cash advances and are paid back by the borrower when the next paycheck is received. Most payday advances have two week terms and are for amounts between $100 to $1500. Recently, federal legislation was enacted to cap the interest rates on these type of loans below 40% APR.

Cheap Payday Advance Loan: borrow money through cheap payday advance loan
Resources are limited for lending money and requirements of money are plenty because the people meet day to day worthless expenses. Diminishing these problems cheap payday advance loan gives you a potential offer. Cheap Payday Advance Loan is the short-term loan availed between two consecutive paydays. Cheap Payday Advance Loan can be availed by all the people who are working and earning enough to repay the Cheap Payday Advance Loan. Credit history does not matter to borrow Cheap Payday Advance Loan for the lenders who provide Cheap Payday Advance Loan, whether you have good credit history or bad credit history you are eligible to avail Cheap Payday Advance Loan.

Payday Loans Cash Advance Fast Money Canada 310-Loan
Come payday and everybody is truly happy, a few days into the month and when the cash situation starts getting a little tight we tend to look forward to the next payday. After receiving the pay, the routine is to first settle all the bills. After this customary practice is completed the amount remaining is the actual disposable income which may be insufficient in case of a contingency. A Payday loan would be ideal in such a situation.

Compare Payday Loan or Cash Advance Lenders Online Before You Borrow
Comparing payday loan lenders, also called cash advance lenders, online guarantees that you will find the lowest rates and best terms. Payday lenders are required by law to post their rates and terms, so making comparisons is just a matter of a few clicks of the mouse.

Cash Advance until Payday-Emergency Cash Loan
Introduction

Saving Money: Quick Cash, High Cost
I didn't think it was possible. But it is.