Fundamental analysis is used to ascertain the underlying strength or weakness of a particular currency by analyzing the fundamentals of that currency’s country economy. For instance, if the country has a high national debt, or if the country has high inflation, or if the country is in recession, then the government will likely use interest rates as the main monetary policy action they can take to restore the economic health of that country. Interest rates, in turn, have a direct impact on the value of the country’s currency. So, if interest rates are expected to go up, then the currency will appreciate as foreign investors rush to invest in the country to take advantage of the high interest rates and hence push up the demand and price of the country’s currency.

Fundamental analysis also goes beyond pure economic monetary and fiscal policies. It also encompasses broader geo-political factors. For example, if a country democratic government and political system is altered in favor of a more dictatorial system, then it is inevitable that foreign investment will fled the country, thereby selling the currency in large volume to depress the value.

In summary, this is what fundamental analysis entails. This type of analysis lends itself more to long term investment by the Forex trader.

The second type of analysis is called technical analysis. This uses a whole host of statistical and econometrics models in an attempt to spot trends in a currency pair. I do not intend to go into any of those models in this particular article as each one probably warrants an article dedicated to itself. Suffice to say that each of these statistical or econometrics model are being used to help identify a trend and hence help the Forex trader to pick the ideal entry and exit point on that trend with a view to maximize the amount of profit that can be taken.

Technical analysis can be used by the Forex trader to assist him or her in a variety of trading pattern from day-trading to some more longer term trading. The new breed of expert advisors, or Forex robots as they are more commonly known amongst small investors, all use a combination of different technical analysis models to pick their trades. They do not use any sort of fundamental analysis as they all focus on day trading strategies really.

But ideally for the best trading strategy, one should really have an understanding of both fundamental and the variety of technical analysis models, so one can understand the market as well as understand the actual Forex robot or any other trading software that one is using.

I am an economist by trade and have recently started trading the Forex market using a couple of Forex robots. You can read my experience of using those top Forex robots [http://www.best-forex-robot-reviews.com/Top_Performing_Forex_Robot.html].

The idea that there is an exact “science” of getting rich is preposterous to many people. They think that the supply of wealth is limited, and that there is only so much wealth to go around. They also believe that social and governmental institutions must go through a radical revolution before the masses would have even a chance at getting rich.

Well, this certainly is not correct. It is true that if you look around the different parts of the globe, the masses mostly live in dire poverty from one generation to the next.

But if these poverty stricken people start learning and acting on the timeless principles that the wealthy people all know, things could start changing for them. They can rise out of their poverty and attain wealth. This is an exact science, because it is tied into the exact laws of a loving God.

What is the science of getting rich all about? Is it something that I can learn and apply? One of the essential elements is that we need to modify the way we look at things and the way we are doing things.

For example, how comfortable are you with the feeling of being very, very wealthy? You may think this is a crazy question. But how often have you heard it said “rich people are arrogant, haughty and uncaring?” Many pious people judge that rich people aren’t even going to heaven. So if you knew you weren’t going to heaven by becoming rich, do you suppose your sub-conscious “true self” would ever allow you to in fact become rich? I don’t think so.

So change the way you view rich people. Learn to think like they do. That is a big change. It took me quite a while to change, and I had to read some great books on the subject.

Another important lesson is that we must never esteem the supply of money as being restricted or finite. We must also never act in a competitive mode. This runs completely contrary to contemporary big business practices. Maybe this is an indication as to why they aren’t doing so well and why 90% of new businesses fail. Hmmm!

There is an amazing higher plane of thought and energy that is calling us to connect with it. When I contemplate about this superior plane, I am reminded of this: God’s approach is always for fuller expansion and growth. He is not saving up for lean years ahead. He is not cutting back because of the current economic crisis. God’s supply is infinite. He will never run out, and never run short. And you and I ARE connected to that same exact infinite supply. Isn’t that a great feeling?

There are natural laws that work with an arithmetical certainty. A great definition of “Natural Law” is “The uniform and orderly method of the omnipotent God.” So this looks like it comprises what is known as “science.”

This point of this article is really about discovering what those “Natural Laws” are, and then changing our thoughts and our actions so they line up with these natural laws. And it’s very exciting to recognize that when we do these things, our lives start changing in a positive direction. That’s what the Science of Getting Rich is all about – change for the better.

And now I would like to invite you check out my blog for more information on how to get your Free 7 Lessons from the science of Getting Rich. Science of Getting Rich.

From Stephen Bolin – The Lead Generation Guy!

http://www.StephenBolin.com

Typically at this point creditors seek help or try to collect on these bad debts on their own. Many are unsuccessful with their own efforts in collections and ultimately end up being sent to debt collection specialists. Debt collection letters are sent out, phone calls are made, and the debt collection process begins.

Then external costs such as litigation, skip-tracing, credit reporting and various other fees are often incurred. Creditors are often faced with the thought then of spending more money on potentially bad debt to obtain new monies; money which is in fact owed to the creditor. This creates a certain amount of pressure and stress onto creditors to spend more money for litigation and other premium services. So the big question at hand is, is spending more money on bad debt worth the money to recover bad debt?

According to our studies, we have found an unparalleled amount of success with spending money to the efforts of recovering bad debt. Certain collection agencies often offer package contracts to send multiple cases into litigation. There are clear and definitive advantages in doing so. If you have 4 cases of bad debt, one for the amount of $10,000, $4,000, $6000, and $2000 and you pay a collection agency $3,000 for full litigation services. The collection agency is able to recover $5,000 of the original $10,000, $2,500 of the original $4,000, $2,500 of the original $6,000 and $1,800 of the original $2,000.

That means the collection agency was able to recover $11,800 of the original $22,000. On average debt collection agencies only usually receive about 10-20% on the far outside of original bad debt claims. Typically up front fee’s allow a much higher rate of success; however, still not promising 100% recovery. In another article of ours “The Proactive Benefit of the Vicarious Collection Effect Phenomenon” we broke down the benefits up front spending. However looking at the circumstances of our current example, $11,800 minus the $3,000 spent for litigation allows for $8,800 of profit, then if the collection agency takes 18% commission (some places do not even take commission on proactive spending accounts) that means another $2124 is given to the collection agency, allowing a total profit of $6,676.

In many cases individuals can take bad debt which had $0 worth to them, and turn it into actual money and actual profits. Instead of looking at total balance of what could have been, in this current economy more companies need to look at what is, what is actual bad debt doing, and what is actual bad debt collected. Certain harsh realities must be faced when dealing with bad debt. This is one reason why collection agencies are frowned upon even by their own clients, simply on the basis that 100% of bad debt is rarely collectible.

Bill Massey is a co-founder and writer for the Journal of Collection Psychology (JCP). Bill Massey has worked in the debt collection field for over 30 years. Bill saw the need to help bridge the gap between debtors/consumers with collection agencies. The Journal of Collection Psychology works with many collection agencies such as Rumson, Bolling & Associates and various members of the accounts receivables community.

Many individuals are looking for a reliable collection agency; the Journal of Collection Psychology can give aid in such matters. The JCP works closely with many reliable collection agencies and with creditors and consumers alike. If you would like assistance in finding a collection agency that would be be good for you please visit: http://www.collectionagencyfinder.com

The proponents of the mortgage accelerator programs claim that they will enable homeowners to pay off their existing mortgage in a fraction of the normal time by utilizing mathematical formulas or algorithms which direct cash flow and discretionary income to offset the principle and interest associated with conventional mortgage amortization.

Yet the math they are able to demonstrate can be found in a common mortgage amortization calculator.

The opponents contend these programs do nothing that one can’t accomplish on their own and that the cost is, therefore, unjustified.

The most critical commentary seems to come from individuals in the mortgage industry. Are they speaking from a sense of altruism or is their vehemently negative position an inadvertent testament to the effectiveness of mortgage acceleration analysis software?

Still more albeit less aggressive criticism comes from the professional ranks of financial advisors. It is more of a conceptual argument that one should direct their financial resources into investment strategies rather than toward mortgage reduction strategies.

If you are able to earn an 8% return, it would make mathematical sense to grow that account rather than pay off debt at 6%, but does the arbitrage argument assume a higher rate of return on the investment than were likely to see these days? Also, is arbitrage, the process of investing borrowed money, something that the average American family should feel comfortable in doing in a volatile market?

So, all that one may need in the way of validation that these mortgage acceleration software programs work is the volume of protests from those who work on the other side of the balance sheet.

If you look at how these programs work, it becomes clear that it’s not voodoo, magic, or part of the financial bail out plan. It’s just our money paying off our debt. Could we accomplish the same thing ourselves? Possibly so, however, most of us don’t.

The concept of mortgage acceleration is only part mathematical. The balance of the concept is more behavioral in nature.

We all know that, in order to lose weight, we need to stop eating so much and exercise more. Yet there is a billion dollar weight loss industry that is thriving despite this physiological fact.

Perhaps the key to mortgage acceleration software programs is that they show us how to make better financial decisions. Take the concept of virtual interest, for example. If we have a mortgage, we pay virtual interest on everything that we buy. The $5 we spent at Starbucks this morning could have been sent to pay down the principle on our mortgage. Rather, we chose not to do that and so will pay virtual interest on that $5 for the next 20 or 30 years. To our balance sheet, there is no difference between virtual and actual interest.

Had we known that the true cost of that cup of coffee was $30; would we still have bought it? These programs put our normal cash flow into a format that demonstrates the effect of our discretionary spending and forces us to make better buying decisions. They reinforce the good decisions by giving us positive, goal oriented feedback. They negatively reinforce the bad decisions by visibly adding time to our sentence of debt.

Had we all been given a proper financial education, then we wouldn’t need mortgage reduction programs and the points made on either side of the issue would be moot. Instead, we were taught chemistry and algebra and so, the controversy will continue.

I’ve never met a leader who thinks they can create a successful business or team with less than half of their people being happy and yet, if you believe the research, there’s a lot of leaders out there trying to be successful in that very environment.

I’ve asked myself for years why so many organizations, in spite of the lip service given to employee engagement and development, really don’t do a very good job of making it happen. I equate it to the path so many of us take with regard to things that don’t have immediate impact but bring long term dramatic results. Retirement planning and saving money, exercise, diet, maintenance on our car or home. We put so many of these things off because they won’t make a huge difference in our life in the next quarter or year.

And then I think of all the individuals who commit their entire being to a distant goal or a journey and work tirelessly on a daily basis for something that is years away. I think of Olympic athletes who train for hours a day for some distant future with slim odds. I think of musicians and artists who toil for years in obscurity in the hopes that one day it all pays off for them. I think of researchers and scientists who struggle to make progress against nearly impossible odds and sometimes work for decades to achieve a breakthrough in disease treatment or prevention.

So why don’t we often see organizations where the majority of the people in them work together, collaboratively and tirelessly toward a common goal? Where they focus on the growth and development of the organization as well as the quarterly return.

Based on what I’ve seen in companies that I’ve worked with, I’ve settled on a few key themes that cause most organizations to fail at creating and harnessing the kind of passion and engagement that will drive sustainable success.

For the most part there’s a vision statement or a mission but organizations don’t really spend time contemplating what they could become or accomplish in a way that causes employees to want to be part of that and to bring discretionary energy to it. There are a few notable departures. Some would say Apple has accomplished this kind of fervor among their employees and some statistics indicate they are doing a better job than most. In a recent survey 91% of Apple employees indicated that they were happy with Steve Jobs and his leadership. Oh yeah, their profit margins are pretty good too.

Another good example of this was NASA when the dream of putting a man on the moon was in their sights. There are countless stories of the extreme employee engagement and organizational pride that originated during the time when NASA was pushing the very boundaries of science to accomplish something incredible. And by the way, they accomplished their goal with the kind of flair and success that will be talked about forever and essentially changed the world.

I don’t care if you have two employees or tens of thousands. If you can connect them to the organization’s dream and help them make it part of their own, you’ll be leading a business or team that can accomplish virtually anything. In NASA’s case maybe this actually was rocket science, but for the rest of us it’s just solid leadership.

In my next post I will outline two more keys to creating organizational satisfaction that will drive today’s revenue and also contribute to a sustainable organization. Join me here soon for part two.

Randy Hall is the founder and principal of 4th Gear Consulting. He is passionate about developing amazing leaders and thriving, principled organizations. He believes that nothing will have greater impact on our economy, our communities, our lives and our kids’ lives.

For more than a decade Randy has worked for and with organizations to help them realize more of their potential. His most recent roles in the corporate world were Senior Vice President of Learning and Leadership Development at Bank of America and Global Director of Learning and Development at Pfizer. Prior to moving into leadership development, he spent several years in sales and led his own high performing teams.

You can contact Randy at randy.hall@4thgearconsulting.com or visit him on the web at http://4thgearconsulting.com You can also read more of Randy’s articles at http://4thgearconsulting.com/blog