PTV Partner Is No More

Dear Fellow Investors,

Ouch! PTV disappeared overnight and it is a pretty safe bet that they are not coming back.

In the end they left like most online investments, asking for more money with a promising new plan, luring the gullible ones into putting more money in, and then, simply vanishing.

I lost $2000 in this one, not to mention the disappointment of not getting the payouts we had on schedule for April, which would have been $20,000.

My dear friend S, who shocked me by putting $10,000 in (and I am reasonable sure those were not excess funds he had lying around to play with), has lost it all, and I am pretty upset about that. To all of you who were not in profit, I extend my condolences.

I am beginning to accept the cold hard conclusion that all these online investments are scams, plain and simple. If you want, you can call them games, and play with excess money and have some fun. But I am moving in the direction of calling it quits with these games and putting my attention once again on my singing, speaking, and writing career as the place to generate funds for my family.

I wish you all the best of success with all your investments, your dreams, your goals, and your adventures. For those who want to stay connected to my world and my offerings, sign up at www.scottsongs.com.

For any of you that still feel drawn to invest (gamble) online, here is some wisdom I tend to agree with about it all. Ironically, it was written by the founder of an online investment program.


HYIP's (High Yield Investment Programs) are almost always not what they say they are. Anything told to you by a program admin can be made up, or not, but there is no way you can know what is real and what is fake. Telephone numbers can be faked, registrations can be easily obtained, etc. And as we’ve all seen numerous times – none of it really means anything. Some of the most heavily licensed, expensive, professionally-designed, ssl encrypted, secured websites have disappeared without a trace. While several I can think of that didn’t have all of these things lasted beyond anybody’s expectations.


For “newbies” to the online community, remember this: Even Bernard Madoff provided “proof” of investments and their returns. He even paid many people during the 30 years he was running his scam. And he didn’t even have the advantage of anonymity that HYIP admins enjoy! If he can run away with millions with everybody watching, what makes you think an anonymous admin can’t do the same (albeit on a smaller scale)?


Most HYIPs are total BS. That is the bottom line. Treat online investing as you would a casino. Enter only with money you could live without. If you lose it, no big deal. If you make money, it’s all gravy.

If an investor is smart – treats this like a game, develops a strategy for withdrawal, always assume an HYIP will fail – then they will be more successful. Get in early, since with most programs if you can get in at the beginning you have a better chance of being in profit when they fail. Get your principle back as quickly as possible. Never compound. A low threshold for exiting a program never hurts as well. First sign of trouble, get out if you can.


A few simple rules:
1. Never invest more than you can afford to lose. Don’t invest the “rent money”!
2. Never compound until you at least have your principle back.
3. Spread out your investments. “All eggs in one basket” is a death sentence for your money.
4. Don’t let your emotions get the better of you. If a program is doing well, resist the urge (and it is a STRONG urge) to put more money in. Stick with your original strategy.
5. Most importantly, remember: It isn’t really your money until you have it in your hands. Just because your member account with a program says you have a positive balance, doesn’t mean you actually have that money. Withdraw, withdraw, withdraw. In my opinion, if you plan on reinvesting, it is better to withdraw to your e-currency account (pay the fees), and then redeposit. This provides at least some proof to you that the program is paying. Otherwise, you may be setting yourself up for significant disappointment.


Follow these rules, and HYIPs can be a lot of fun!
:

Busting Loose From The Money Game

Hi there!

I am guessing that this post might be interesting, inspiring and helpful for some of you. It's about the inner work necessary to create a healthy relationship with money. It's about making the wisest and most long term investment of all - investing in the quality of your thoughts,feelings, and attitudes about money.

I have been doing an exercise called The Process every morning like clockwork, and also whenever I have anxiety about money, as outlined in the masterful book Busting Loose From The Money Game, by Robert Scheinfeld, which is one of the tools listed in the Resources For The Journey section of this blog. The Process is a great way to free ourselves from fear and old limiting beliefs about money. When I am doing The Process, I bring up any and all of my negative thoughts and feelings about money - worry, fear, limitation, grief, greed, unworthiness, struggle, annoyance, anger, anxiety, helplessness - any thoughts or feelings related to money, scarcity, and abundance that are not joyful and empowering. I also do the Emotional Freedom Technique (www.emofree.com), to deepen the process of bringing up and releasing the negative feelings and limiting beliefs as I welcome them to rise. Then I strongly verbally affirm something like this, while tapping (EFT) so I get it beyond just intellectually, so that I feel it deep in my bones.

(You are encouraged to change the words to make it more suitable to your own religious/spiritual beliefs)

I am one with the Unlimited Power and Presence of God, here delightfully and purposefully co-creating Heaven On Earth, and all is well. ALL IS WELL! My family and I are safe and supported at all times, guided, protected, provided for, sustained, and financed by the Love of God! I place our future into the Hands of God, knowing that our it is safe, secure, very exciting, and filled with wonderful suprises.

I LIGHTEN UP AND RELAX ABOUT MONEY.

I AM ALWAYS WELL TAKEN CARE OF AND SUPPORTED.

WE ARE ABUNDANT!

I keep adding and changing the words to make it fresh, creative and fun.


There is a lot more to The Process than what I just shared. If it attracts you, I suggest getting the book and going for it. I am sure you could find it used on Amazon or order it at your library.


Warmly,
Scott

A New Year, A NEW ATTITUDE!

I have a friend who is a multi-millionaire, and he has confessed to me on numerous occasions that he rarely relaxes about money, that he lives with the constant fear of losing it all. In other words, it is possible (and very popular) to have millions and be plagued by anxiety. My friend serves as a reminder to me that it takes more than money to free one's life. And that abundance is a state of mind as much as anything.

I am dedicating this year to relaxing about money. And to dwelling in an attitude of gratitude for all that I have.

Our blessings always outnumber the bills, so count them (your blessings) daily and give thanks. It is a miracle to be alive. You would not trade your life for all the money in the world, so hey, you are already a multi-trillionaire!

GETTING OFF THE EMOTIONAL AND FINANCIAL ROLLERCOASTER

How many of us emotionally crashed when Cash Tanker tanked? I know I did. It is a wise investor who does not put so much of their savings in one or two investments that if they disappeared it would send their finances into a significant tailspin. Sobriety with money includes diversifying and taking risks that are moderate. Part of what triggers fear and the rollercoaster ride of drama is over-investing into one or two programs.

All of these programs are high risk, whether or not they get good reviews from psychics, blogs, forurms, etc. The only way to minimize risk is to play with money you can afford to lose and to diversify. And get your seed money out as soon as possible. Then you play with the house money at zero risk - much more fun that way.

The Differences Between Investing & Gambling

Or... Gamblers Are From Mars, Investors Are From Earth

By Scott Kalechstein


Investors do a lot of research before risking their money; Gamblers impulsively jump in.

Investors usually start small and build after a successful initial test spend; Gamblers are in too much of a hurry and start with a bang.

Investors hope for the best but factor in that losing is part of the process; Gamblers hope for the best, and crash emotionally each time they lose.

Investors are detached and disciplined as they stick to a plan they follow; Gamblers follow their whims and passions.

Investors enjoy building towards gradual increases of profits, with occasional losses; Gamblers get high off of the adrenaline rush of risk and the quick fix and promise of a huge pay out, and get very discouraged and depressed when they inevitably lose big.

Investors only invest what they know they can afford to lose; Gamblers risk much more than what they can comfortably part with.

Investors diversify, minimizing the risk; Gamblers get emotionally involved with one or two programs they think will 'save' them financially.

Investors know that all internet investment programs are high risk; Gamblers dwell in the fantasy that they have found the exception.

Investors know that all internet investing is gambling; Gamblers think that putting money in high yield internet programs is investing.


A personal note - I must confess I actively strive to be more of an investor and yet at times I act like a gambler. The purpose of pointing out the contrast is to inspire us (including myself) to be more conscious, intelligent, sober, grounded, and realistic when it comes to investing, and also ultimately more successful. It always pays to have one's feet planted on the ground

Telling Others About Online Investments

Do you tell people about your investments? Do you sell them? Do you push? Or are you at the other extreme, not mentioning them at all? Are you too embarrassed, too afraid they will think you are a gullible fool for investing online?

I've been there - on both ends of the spectrum... a little pushy, totally silent, and have finally found a place of balance between the two polarities that feels right for me.

Yes, I want everyone that I love to know... "Hey, I have been making over $400 a day from Cash Tanker, I am supporting my family with it, and you can too!" But then I think about what happened with Pathway 2 Prosperity, a program I made $5000 profit in last year. I got my sister involved, she put $1000 in, and she lost it all when the program spiraled downward. That sucked. All programs have a beginning, a middle and an end, and they are not at all predictable.

So I feel both cautious and excited about my friends and family getting involved with this stuff. I tell them that I am doing well, but it is all high risk investing, and they can easily lose what they put in. But they can also possibly make plenty of money. I suggest that they only put in what they can afford to kiss goodbye forever. The choice to take the risk is up to them, but if I say nothing, they don't get to choose at all. So, yes, I have let my friends know what I am up to. I answer their questions, telling them the good, the bad, and the ugly parts of online investing. Most have steered clear. Some have joined me, and we are having loads of fun watching our Cash Tanker accounts grow, dreaming new dreams, entertaining new possibilities. It's really not so much about the money, but the joy of joining with others, as well as the adventure of the process, the sense of aliveness that comes from being willing to risk and play full out. It's another way of saying yes to life, and that always gets me giddy.

Venus and I start our days thanking God for our blessings. Abundance is everywhere we look, especially in the laughter and the smiles of our daughter. We thank God for Cash Tanker, yes, and we do see it as quite a little miracle, but the forms and faces of abundance come and go, appear and disappear. It is best not to get too attached to the forms appearing today. Today God showers us through Cash Tanker. Tomorrow His Love might take a different face, as Her Omnipresence has an unlimited supply of ever changing forms and names. The important things is to know in your heart of hearts that God's Love is the ground and fabric of your being and cannot abandon you, ever. Forms and faces constantly change, but love, real love, never come and goes, because it is eternal. And so are you.

Tomorrow I am buying Venus a new computer. We have a list on our wall of things we can use: a vacation, new cars, computers, private school for our daughter, etc. We are moving closer to these goals each day. Living in the mindset that all things are possible is the greatest feeling on earth. There are no limits, and yet we can temporarily lose sight of that when we fixate on our fears, and believe in appearances. Gratitude is a way out of the ego's quicksand and back to God.

Practice counting and giving thanks for all of your blessings every day, as well as holding a feeling of faith, anticipation, and excitement about your goals and dreams coming true, the inevitability of your desires manifesting in God's Perfect Timing. Gratitude for what exists is the inhale of happiness. Faith in your dreams and desires for the future is the exhale. Breathe deeply today! Let love and money in, and let them out! It's all a miracle!

Hugs,
Scott

GRACEFUL LO$$ES

Yesterday PAC for All, one of my investments, announced they were closing down. I lost $800. Some of those who signed up under me lost more. I feel sad about that, more than the disappointment I feel about my own loss. Several of my good friends followed my enthusiastic lead and lost $1000 each in this one. Yes, they made their own decision to put their money in. No, I did not push them into it. Yes, they knew it was high risk investing. Still, it hurts, and I feel for them.

And I broke my own rule with this one. I kept reinvesting what I was making, instead of getting my seed money back as soon as possible. My plan was to keep reinvesting until I could take out $1000 every twelve days. I was close. I thought they were solid for at least a few more months. The intuitive information I had did not see any immediate red flags.

Ouch! I could have made back my principal and even had a little profit before they closed if I had followed my own advice and taken out what I had put in as soon as possible.

OK, it happened. Diversification has saved me from this being a serious financial setback. The important thing is to become wiser, to get the learning. Next time, I'll get the seed money out A.S.A.P. and then the rest is Monopoly money.

Also, the learning is to observe my thoughts. What story am I telling that is making this more painful than it need be? Is is a doomsday story? Are my survival fears coming up, causing me to get extra serious and dramatic about this? Is it really that urgent? What meaning am I giving this?

The truth is that money comes and goes all the time, like breathing. I don't worry after the exhale that there won't be another inhale. No, I just trust and let it happen. That's what I aspire to with money. To relax, trust, say hello, let it flow, let it come, have some fun, wave goodbye, let it fly. These programs come and go, they arise and fall, just like my breath. They are not the Source of my supply. God is. And the Infinite will continue to bless me and my family through all kinds of channels, as I relax and trust and lean into abundance.

Goodbye PAC for All. Thank you for spending some fun and exciting time with me. Thank you for helping me learn some lessons. I release you, and I am open to the next wonderful surprise, the next beautiful financial blessing that is on its way.

I am open to miracles. Whenever I seem to lose, a bigger win is on the way. I never lose anything of real value. All is well. Always.

For more on how we can handle loss gracefully, see my article entitled, "Change is a Fact; Loss is an Opinion". Just copy and paste this link into your browser: http://www.cooleremail.net/users/scottsongs/ScottsMasterList_July$6$2008$MuseLetter.html

For more inspirational acticles about living your best life, go to www.scottsongs.com and click on Museletter Sign Up.

Getting Started... The Inner Journey

If you have a sense that all of this sounds too good to be true, that's OK. I started my journey there as well. If you have a sneaking suspicion that maybe, just maybe, some opportunities for abundance have passed you by because of your limiting beliefs about money, then read on. Here are the resources I used and what I suggest you do as well.

1. Purchase Busting Loose From The Money Game, by Robert Scheinfeld. It is a book I suggest you get, read, study, and study some more. In it there is a process you can do whenever you feel limited in any way in your experience with money called, curiously enough, The Process. I love its simplicity and effectiveness, It is invaluable for shifting out of fear and scarcity and into trust and abundance. You can buy Busting Loose new or used on Amazon.

2. Immerse yourself in the books, recordings, and seminars of the Abraham Teachings. This work is about learning to manage and stop misusing the greatest money making (or money sabotaging) factor in your life - your own mind!

3. I use subliminal recordings and have listened to them every day for over a year. Alphasonics are the best company out there and the ones that I have been using are Attracting Infinite Riches and Prosperity. They contain over a million affirmations per hour. You can have them on in the background as you go about your day. They prepare you on a subconscious level to manifest and receive. They help you get magnetized for abundance. Please call them to make your purchase. If you call the company to order and mention that I sent you I get a small discount on my next order. Their number is 505-466-7773, and my Alphasonics ID # is 9166.

4. A friend of mine Karen Drucker has a song called Money Is Coming To Me, from her CD, Songs of the Spirit ll. It has become the Receptive Income theme song. It is so much fun to listen to. The words of the chorus are "Money is coming to me easily and effortlessly, money is coming to me." You can purchase it and download it as a single song on ITunes or go to her website at www.karendrucker.com and get the entire CD, which is wonderful.