| horus1123 wrote: |
Hello Eye_Of_Tiger/Others,
I am presently (and have been for a long time) having a very difficult time with my finances. It seems like there are roadblocks everywhere, and I am working very hard on myself spiritually to clear these roadbloacks. I am very much trying to break this cycle of poverty, lack, and limitation.
What do you see for me in the near future (through the end of the year) in the finances/career department?
What paths can I take (via investments or otherwise) can I take to help lift me out of this very financial restricitive situation? I think things are beginning to change, but change is very slooooooow.
I want to invest in the Forex market and I have a good software picked out that should make money for me (based on the reviews/feedback). I just need to come up with the total initial investment of about $300. Is this investment path a profitable one for me?
Sorry if I began to ramble...there is a lot going on.
You help/advice/guidance would be much appreciated!
Namaste |
Judgement - In the context of your finance reading request, I would interpret this particular card to mean that your financial affairs are about to go through a period of significant change mostly for the better, which will necessarily involving you completely rethinking about the best possible ways in order to get the maximum return for your investment(s). The time has come to either accept the risks involved with taking the plunge and putting your money where your instincts are telling you is the best deal, without any guarantees that you are going to make any profit on paper, at least for the foreseeable future. One of the roadblocks you were talking about is your understandable desire to have such guarantees in place before you are willing to move out of your financial comfort zone, but many of the other ones were not placed there by any action or lack of action on your part.
The current world economic downturn is a major player in all this, and you would be foolish not to take this into account when deciding whether or not to go ahead with the Forex investment, but if you are able to wear a loss for the short to longer term future because of the current depressed state of the cash market and through no fault of your own, then I do feel on the basis of this reading that if you do not prematurely panic and are willing and able to ride out the storm over the coming 12 - 18 months, then the share value will eventually pick up to the point where you will finally recognize that all your fears and doubts were without any real substance.
But when offering advice about something such as taking out shares through a psychic reading, I must remind you that even the so called financial experts cannot say exactly how long before the stock markets recover from the worst financial downturn since the 1930s depression, so if this period is longer than the 12 - 18 months which is being currently touted as the most likely time necessary for the recovery to gain a full head of steam.
Please therefore only regard my advice as being tentative, and subject to change at any time, mainly with reference to the precise time schedule of the recovery process involved (rather than it meaning that the recovery might never happen at all). Literally anything can happen and often does, so the general rule of thumb is not to invest any of your hard earned cash that you cannot afford to lose. This probably sounds as if I am being overly pessimistic about the financial outlook over that period, but it is better to be forewarned and make your backup plans just in case things do not turn out as well as you hoped and expected they might, than to get your fingers burned and then lose any further confidence in yourself in your ability to manage any future investments.
To a degree, these roadblocks have been intentionally placed in your path, not as signs that you are going the wrong way, but are more I sense a test of your perseverance and commitment to making a decision, then being willing to deal with whatever the consequences of that decision turn out to be. This whole exercise has a hidden purpose that extends far beyond making a wise investment on the stock market. It goes right to the heart of some important lessons which you have come here to learn about making your decisions then believing in yourself long and hard enough to see them fully realized. To see whether you are up to lasting the course?
Hoping that these insights will when combined with sound professional financial advice from someone who is financially qualified to offer it be useful to you, in making your final investment decision.
There is enormous potential here for you to make a major killing on the Forex market if you only play your cards right (pun intended), but it is surely not worth killing yourself as well, so that you might find out if you were right about what your instincts were telling you was the safest and most profitable haven for your investment. Do not depend entirely on having good software, as anything created by human beings has it's own built in limitations. Back up the "good" software by keeping yourself fully informed about what is happening to your investment portfolio at each successive stage of it's term.
You will need to somehow come up with the initial amount of around $300 yourself, in order to get the ball rolling. Is this a major problem beyond your present means?
eye_of_tiger
