THE SELF-CONFIDENCE FORMULA

This formula is from Napoleon Hill’s classic book, ‘Think and Grow Rich’.  If you haven’t read the book yet, then I highly recommend you read it. Of course, you don’t have to have read the book before putting this effective confidence formula to work for you.

The formula is essentially a declaration that you read to yourself.  It is suggested that you read it aloud, with an open mind, and with faith that it can help fortify your confidence.

It will require some faith on your part, but I can assure you, if you believe in it, it will work.

So without further ado, below is your new highly effective confidence tool that you will be sure to benefit from.

Here you go:

1. I know that I have the ability to achieve the object of my Definite Purpose in life. Therefore, I demand of myself persistent, continuous action towards its attainment, and I here and now promise to take such action.
2. I realise the dominating thoughts of my mind will eventually reproduce themselves in outward, physical action and gradually transform themselves into physical reality. Therefore, I will concentrate my thoughts for 30 minutes daily upon the task of thinking of the person I intend to become, thereby creating in my mind a clear mental picture of that person.
3. I know through the principle of autosuggestion that any desire I persistently hold in my mind will eventually seek expression through some practical means of attaining the object. Therefore, I will devote 10 minutes daily to demanding of myself the development of self-confidence.
4. I have clearly written down a description of my Definite Chief Aim in life. I will never stop trying until I have developed sufficient self-confidence for its attainment.
5. I fully realise that no wealth or position can long endure unless built upon truth and justice. Therefore, I will engage in no transaction that does not benefit all whom it affects. I will succeed by attracting to myself the forces I wish to use, and the cooperation of other people. I will induce others to serve me because of my willingness to serve others.  I will eliminate hatred, envy, jealousy, selfishness and cynicism by developing love for all humanity because I know that a negative attitude towards others can never bring me success.  I will cause others to believe in me, because I will believe in them, and in myself.  I will sign my name to this formula, commit it to memory and repeat it aloud once a day, with full faith that it will gradually influence my thoughts and actions so that I will become a self-reliant and successful person

Do or Don't trust first snap back after a big decline ?

There were a bunch of 5% up days in 2008 and way back in the 1930s.

A 5% up day also marked the bottom in 1970, 1987, 1997, 1998 and 2009.

I never trust first snap back after a big decline.

The American Dream

“In 1923, seven men who had made it to the top of the financial success pyramid met together at the Edgewater Hotel in Chicago. Collectively, they controlled more wealth than the entire United States Treasury, and for years the media had held them up as examples of success. The American Dream

Who were they? Charles M. Schwab, president of the world’s largest steel company; Arthur Cutten, the greatest wheat speculator of his day; Richard Whitney, president of the New York Stock Exchange; Albert Fall, a member of the President’s Cabinet; Jesse Livermore, the greatest bear on Wall Street; Leon Fraser, president of the International Bank of Settlement; and Ivar Kreuger, the head of the world’s largest monopoly.

What happened to them? Schwab and Cutten both died broke; Whitney spent years of his life in Sing Sing penitentiary; Fall also spent years in prison, but was released so he could die at home; and the others? Livermore, Fraser, and Kreuger, committed suicide.”

—Donald McCullogh, Waking From The American Dream

I received this passage from a friend as a friendly reminder that there is more to life than money. Always keep in mind that family, health, spirituality, and many other things should come first before wealth accumulation. Make sure to spend time with your family and loved ones during this holiday season because that is where true wealth and happiness exists.

An even greater happiness comes from giving. Think of something that you can do during the holidays to help others, such as charity or volunteer work, and then go out and do it! 

Wishing you all a Happy Holiday Season!

Enjoying the show from the sidelines !