What would you do if you are trapped in an environment that you do not want to be in? What if you are sick and tired of your job?

What can we do to solve this dilemma?

It is possible to take inspired and motivated action to survive your present situation and live the life you always dreamed of.

It is not that easy though. You will have to come out of your comfort zones to discover potentials and opportunities waiting for you. You have to conquer your fear and take calculated risks. You have to stay focused and persevere despite the difficulties you will encounter.

Success does not come easy. It takes heart, passion and time. Experience is also a factor. The learning you get everybody becomes your foundation. These are the things we do not need to pay for.

You have to work harder, dig deeper, and sacrifice more to attain your ambitions. But no, you do not have to hate the world and feel bad when you encounter difficult situation. Just remember the Law of Attraction. If you hate the world, the world will hate you back.

What can you do? Below are some free advices to help you when facing difficult situations in life. They will also serve as your guide to improve yourself.

1. Learn to love your current situation. See all the positive sides of life. Be enthusiastic. Love your boss, your coworkers, your family, your friends, and even strangers that you meet on the streets.

It may not be easy, but nothing is impossible with a strong will power. Just do not fall in love so much that you totally forget about your dreams. Love, but try to hold on to reality.

2. Balance is the key. Dream and take some positive action to move you toward your goals. Take it one step at a time.

While you are slowly starting on the long journey to success, be patient and be as enthusiastic as possible. Do not hurry up too much that you totally forget how to enjoy life. Appreciate the beautiful things you will encounter on the journey.

One day, you will finally attain what you have always longed for. But when that day comes, do not look down on those who belittled you. Forgive and forget.

3. Stay humble. Do not criticize others when you see that you are becoming more successful than they are. Try to help them. Inject your positive aura into their personalities. When you give, you will yield back equal or greater rewards.

4. Are you ready to begin the journey? Start it with the courage and desire to improve your life. Survive and go through it with persistence, enthusiasm, and positive thinking. Finish it with a resounding bang of accomplishment and with the desire to help others succeed as well.

There are many other self improvement advice that will get as you get on with your daily life. Take note that you are not alone. There are others in much more difficult situations. That is why is there will be a shortage of free advice about self improvement you can get from other people who are only too happy to help.

1. Leaders come in different flavors.

There are different types of leaders and you will probably encounter more than one type in your lifetime. Formal leaders are those we elect into positions or offices such as the senators, congressmen, and presidents of the local clubs. Informal leaders or those we look up to by virtue of their wisdom and experience such as in the case of the elders of a tribe, or our grandparents; or by virtue of their expertise and contribution on a given field such as Albert Einstein in the field of Theoretical Physics and Leonardo da Vinci in the field of the Arts. Both formal and informal leaders practice a combination of leadership styles.
· Lewin’s three basic leadership styles – authoritative, participative, and delegative
· Likert’s four leadership styles – exploitive authoritative, benevolent authoritative, consultative, and participative
· Goleman’s six emotional leadership styles – visionary, coaching, affiliative, democratic, pacesetting, and commanding.

2. Leadership is a process of becoming.

Although certain people seem to be born with innate leadership qualities, without the right environment and exposure, they may fail to develop their full potential. So like learning how to ride a bicycle, you can also learn how to become a leader and hone your leadership abilities. Knowledge on leadership theories and skills may be formally gained by enrolling in leadership seminars, workshops, and conferences. Daily interactions with people provide the opportunity to observe and practice leadership theories. Together, formal and informal learning will help you gain leadership attitudes, gain leadership insights, and thus furthering the cycle of learning. You do not become a leader in one day and just stop. Life-long learning is important in becoming a good leader for each day brings new experiences that put your knowledge, skills, and attitude to a test.

3. Leadership starts with you.

The best way to develop leadership qualities is to apply it to your own life. As an adage goes “action speaks louder than words.” Leaders are always in the limelight. Keep in mind that your credibility as a leader depends much on your actions: your interaction with your family, friends, and co-workers; your way of managing your personal and organizational responsibilities; and even the way you talk with the newspaper vendor across the street. Repeated actions become habits. Habits in turn form a person’s character. Steven Covey’s book entitled 7 Habits of Highly Effective People provides good insights on how you can achieve personal leadership.

4. Leadership is shared.

Leadership is not the sole responsibility of one person, but rather a shared responsibility among members of an emerging team. A leader belongs to a group. Each member has responsibilities to fulfill. Formal leadership positions are merely added responsibilities aside from their responsibilities as members of the team. Effective leadership requires members to do their share of work. Starting as a mere group of individuals, members and leaders work towards the formation of an effective team. In this light, social interaction plays a major role in leadership. To learn how to work together requires a great deal of trust between and among leaders and members of an emerging team. Trust is built upon actions and not merely on words. When mutual respect exists, trust is fostered and confidence is built.

5. Leadership styles depend on the situation.

How come dictatorship works for Singapore but not in the United States of America? Aside from culture, beliefs, value system, and form of government, the current situation of a nation also affects the leadership styles used by its formal leaders. There is no rule that only one style can be used. Most of the time, leaders employ a combination of leadership styles depending on the situation. In emergency situations such as periods of war and calamity, decision-making is a matter of life and death. Thus, a nation’s leader cannot afford to consult with all departments to arrive at crucial decisions. The case is of course different in times of peace and order—different sectors and other branches of government can freely interact and participate in governance. Another case in point is in leading organizations. When the staffs are highly motivated and competent, a combination of high delegative and moderate participative styles of leadership is most appropriate. But if the staffs have low competence and low commitment, a combination of high coaching, high supporting, and high directing behavior from organizational leaders is required.

Now that you are reminded of these things, keep in mind that there are always ideas that we think we already know; concepts we take for granted, but are actually the most useful insights on leadership.

Beth Collingz, PLC International Marketing Director for Pacific Concord Properties Inc’s Lancaster Brand of Apart-Hotels or Condotels in the Philippines sees the next growth market for real estate in the country coming from Russian nationals on the back of the marked increase in first time property buyers from Russia entering the Philippines.

According to statistics from the Philippines Department of Tourism, the country was able to attract some 12,000 Russian visitors last year. When visiting the Philippines, Cebu fell second to Boracay as a destination preference. If Russians can afford $1,500- to $2,500-trips to the Philippines, then give them an opportunity to spend their money on real estate specially Condo Hotel Investments where they can use the apartments for vacations and earn an income when back home, because they are willing to spend more for their stay here, after all, Russians, like the Japanese, are known to be high spenders, Collingz said.

Citing official airline records, Collingz said that in the last three years, Russia ranks 10th among the world’s top spenders on international tourism amounting to $12 billion to $14 billion annually. With that kind of spending power, real estate investments will surely follow in the destinations being made popular amongst the Russian middle class. Moreover, potential, high rates of rental returns from Condo Hotel Investments in the Philippines, up to 16% per annum, opens up a huge new market. adds Collingz.

Collingz said Pacific Concord Properties, Inc., Flagship Lancaster Condo Hotel [Manila] located along Shaw Boulevard, Mandaluyong City, Metro Manila, and its Lancaster Cebu developments a few minutes from Mactan-Cebu International Airport, are currently some of the hottest Condotel Investments in the Philippines and ideal first time investment property for foreign nationals.

Lancaster – The Atrium is accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account Buyer Safe Easy Secure Payment Plans with 6 year interest free payment terms or up to 12 year “In-House” financing available, whilst PCPI’s Lancaster Cebu Resort Residences offers fully furnished, ready for occupancy Studio and Two bedroom suites on 2 year payment plans. With full condo ownership and minimum monthly maintenance fees, you really should take a moment to look at these Philippine Condotel Investment Opportunity enthused Collingz.

If you’re looking to sell your home fast, you’ll need to attract as much attention as possible. A real estate agent can help, although he can only do so much. He can show your home and help to get it out there to buyers, although he can’t make it sell. If you want to sell it fast, you’ll need to do some work yourself. If you put the effort into selling your home fast, chances are that you will.

The quickest way to sell a home is by staging it. Staged homes literally invite the buyer in, making him feel right at home. Staged homes are also appealing both inside and out, and are more or less ready to be moved into immediately. They don’t sit on the market for long at all, yet they bring a top dollar sell. If you are familiar with staged homes – you should know that they are among the fastest selling homes on the market.

If you don’t want to use a real estate agent, it’s still quite possible to sell your home – and sell it fast. You’ll need to do everything yourself, which involves getting your home out there to the market and showing it to potential buyers. You can always list your home in local newspapers, magazines, and put a “for sale by owner” sign in the yard. This way, you are letting buyers know that your home is for sale. Some buyers prefer homes that are for sale by the owner, as they don’t have to pay a real estate agent or deal with one directly.

When you sell your home, you should always make sure that the exterior is clean, the lawn is trim, and the interior is in superb condition. If you plan to live there until it is sold, you’ll want to make sure that you have the interior staged as best as you can. You want to give the buyer a great feeling, so he’ll stay and won’t leave. If your home is visually appealing both inside and out, a buyer will want to see more.

Once a buyer wants to see more of your home, chances are you have found the individual who will buy it. You should never make the buyer feel pressured, but instead make him feel that you are interested in his thoughts and opinions. If you show a buyer that you care – you will go a long way in establishing trust – which will help you sell your home.

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As a property professional, are you looking for a different approach to your borrowing requirements? There is a company specialising in professional landlords that many are unaware of. They are unique in the market place and approach buy-to-let in a very different way to high street lenders. They are from a commercial background and approach the property investment market from that perspective.

They are one of the UK’s leading providers of residential buy-to-let mortgages, winning the Buy-to-Let Lender of the Year award at the 2002, 2003 and 2004 Business Finance Awards. They made their first specifically targeted buy-to-let mortgage in 1995 and are unique in being the only UK lender to offer a service totally dedicated to the professional residential property investor.

They provide a bespoke professional service, competitive interest rates and a wide range of products designed specifically with the professional property investor in mind. As a centralised lender a good intermediary is vital to ensure the most appropriate product is selected.

As buy-to-let specialists they have a comprehensive understanding of the market and are able to create mortgage solutions to meet your needs. They are an ARLA affiliated lender and carry out regular research into the buy-to-let market.

Many landlords approach me to help ‘tidy’ the borrowing they have on their portfolios. Often they have loans with several different lenders, on a range of different products, devised by mortgage brokers who did not view the portfolio holistically – but from a ‘best rate for that property’ view point.

For those of you who are used to paying high valuation fees, redemption penalties when you remortgage to raise they deposit for the next property, or who are simply frustrated with the onerous administration, I have the solution.

This specialist lender offers a maximum of Ј20 million to professional landlords. They can pre-underwrite you on the basis of your existing portfolio so your income separate to the portfolio is not considered. This means it is possible to have an offer very quickly without pages of forms to complete. The only item they require will be the valuation, which at a maximum of Ј125 per property, and with in-house surveyors who understand the investment market, is very competitive.

You no longer need to re-broke your loans if you need to raise capital, simply apply for a further advance. Should your property require updating when you purchase it they are able to pre-underwrite the completed value and will release the additional funds once works have been completed.

The rates are competitive and they understand the professional landlord as this is the market in which they exclusively deal. They will run suitability checks on new areas to ensure they are appropriate for the rental market, free of charge, to help diversify the portfolio geographically to spread the risk. This ensures that you can invest in new areas with confidence.

This type of lender can help you gear your portfolio effectively in order to maximise the available capital and expand your properties. They can also assist you to access the auction deals and special offer properties where fast exchange is crucial.

It makes a refreshing change for a lender to be supportive in your investment strategy, rather than prohibitive.

Suzie Grey is an Independent Financial Advisor at Beacon Financial Limited and can be reached by phone (01480 869466). Beacon Financial Limited is authorised and regulated by The Financial Services Authority. She will be a regular guest on the Property Horizons Teleseminars, and mini-conferences.

Mortgage Debt Has Advantages – Tax Advantages

Although having a mortgage is not what any homeowner wants, no one wants to be in debt, there are certain advantages of having a mortgage. First of all, not only does it allow a person to own a home of their own, but it always carries tax advantages. A mortgage is one of the biggest write-off’s available.

Everyone looks for ways to save on their taxes. After all, only two things are certain in life, death and taxes, and the less the taxes are the better. A mortgage, although this means you are in debt and are paying interest, allows people to use the interest paid on their mortgage as a tax write-off. Simply put, it can save a homeowner with a mortgage thousands of dollars in taxes.

This works by first calculating the amount paid in mortgage interest over the year. Once you have this number, you can use it on your 1040 income tax form as a deduction. That’s right, every dollar paid in interest on the mortgage is a deduction and can lower your gross income. By lowering the gross income, not only does it mean you can reach a lower tax bracket and pay a smaller tax rate, but you’ll also have a considerably smaller tax amount due in the first place based on that lower gross income.

As can be seen, the tax benefits of a mortgage are one of the benefits of having a mortgage in the first place. Although simply owning a home in the first place is the biggest plus, the tax benefits are a nice addition to that. They are an incentive that many people reluctant to look into a home and mortgages should consider. After all, you will be happy down the line when you have built up a healthy amount of equity.

This week, the spot price of uranium rose to $40/pound, for the first time since Ronald Reagan was president. That should help grow the uranium business in Wyoming by leaps and bounds. In Part 5, we look at the largest U.S. uranium producer, Cameco-owned Power Resources.

Understanding ‘In Situ Leach’ Uranium Extraction

“It took $284 million Canadian to build, and it operated with 546 people,” said Patrick Drummond, Plant Superintendent for Cameco subsidiary Power Resources’ Smith Ranch facility. He was pointing to Kerr McGee’s Smith Ranch underground mine on the wall across from desk, which was later converted into an ISL operation, first run by Rio Algom. “This operation cost US$44 million to build and 80 people to start.” Drummond was referring to the In Situ Leaching (ISL) uranium extraction facility, known as Smith Ranch. “That should give you the scale of the ISL versus an underground mine,” he explained.

The aging, but sprightly, Drummond knows his uranium. He’s worked in underground mines, open pit mines, and uranium mills since 1980. From 1996 to the present day, he’s worked in Wyoming for Power Resources at the company’s ISL uranium extraction facility. “I started off in the coal mines in Scotland,” boasted Drummond, who claims he can spot a coal miner in a bar, just by looking at the veins in his hands. “I worked up in Elliot Lake and the massive underground mines up there.” Clasping his hands and looking down, he seemed to apologize, “It’s also a massive environmental problem to clean up, a major undertaking. Quirk Lake was one of the bigger mines up there. It cost a lot of money to clean it up.”

The New Face of Wyoming’s Uranium Mining is the ISL uranium extraction method, also known as solution mining. The differences between mining uranium underground and an ISL operation are both minor and vast. Both methods mine uranium beneath the surface. So both methods are underground mining. However, that is where the similarities end. “With underground, you bring up the ore, grate it, crush it, and extract the uranium from the ore,” Drummond explained the basics of underground uranium mining. “That ore becomes waste, which is known as tailings. You then have to service these big tailings and then decommission.”

ISL is the new breed of mining. “With ISL, we don’t do that,” continued Drummond in his day-long lecture to our editorial team during a VIP tour of the Smith Ranch facility. “To mine underground with ISL, you drill the holes where the uranium is and extract the uranium from the underground ore,” he said. “Then, you process that into yellowcake.”

It’s not all wine and roses for Drummond, though. He pines away for his underground mines, “From a mining perspective, it’s not mining so it is not as exciting. Drummond laughs, “ISL is like a water treatment plant. We take water out and remove some ions.” He makes it sound so simple, “We remove the water from the underground and remove the ions, being the uranium ion. Then, we put the water back under the ground.” All of the water goes back into the ground? Actually no. Drummond explained, “We take our water out and we put 99 percent back in. The one percent we call ‘bleed.’ It’s a control function.”

Drummond cites more comparables, “To start an underground mine, it would take a year to do the shaft before you could start mining. Then, there’s the development cost of the mill complex. You have all that outlay of cost before you can get any benefit. It’s expensive to do underground — $200 million plus – because of the upfront development costs.” From his perspective, the miner in Drummond has come to like solution mining. “ISL is easier. It is a lot cheaper: less expensive capital costs and less operating expenditures. It is less labor intensive.” Asked about the deadly radon emissions, often cited as a danger in underground mining, Drummond shot back, “This is a zero emission facility.”

Analyzing the two methods, he said, “You can start producing faster with an ISL operation. You start your first header house, and you can start producing and make money.” He added, “So you get a return on your investment faster.” What’s the downside? “We also recover less uranium with ISL,” Drummond admitted. “Some of Cameco’s mines in Saskatchewan are running around 5, 10, 15, and 27 percent uranium. In this area, or in an ISL, it runs less than one or two percent. It’s very low.” Plus the uranium ore body must be found below the water table. He added, “You can only do ISL in rock that’s porous and has water in it in the first place.”

To put it in the simplest terms, billions of years ago, the uranium found its way into the underground aquifers of Wyoming’s sandstones. “We add oxygen and get the uranium back into solution,” Drummond remarked. “We complex it with CO2 to keep it in solution, and then bring it to the surface. We extract it with an ion exchange base.” According to Drummond, extracting uranium works on the same principle as a water softener. “We add salts to the resin to get the uranium to back off from the resin. Then, we take that uranium and make it into a final product called yellow cake.”

And why it is called yellowcake? “Some of it is yellow; some of it is green or dark green. Some of it is black,” Drummond patiently explained. “The color is a function of how we dry it, not how we process it. There is a very definite correlation between drying temperatures of yellow cake and color.” It all depends on what chemicals you use while processing uranium. At Smith Ranch, we make uranium peroxide. It is very clean and yellow. We complex uranium with hydrogen peroxide to make our product. You can make different types of yellowcake. You can make a uranium diuranate, a complex made with ammonia.” Yellowcake can be made with other chemicals.

How is Wyoming’s ISL uranium dried? “We dry the uranium with vacuum dryers,” said Drummond. “The benefit of vacuum dryers is first of all, it’s a vacuum so everything is sucked inside the canister so nothing escapes into the environment. There are no gases that escape.”

Investigating the Environmental Issues

It was, at this point, we felt it appropriate to inquire about all the puzzling worries many of us might correlate when thinking about nuclear energy and uranium. How safe is all of this really? “When we first started uranium mining, we inherited people from the gold mines,” Drummond explained. “They were underground, and smoking, breathing in the dust. In the early days, we didn’t have good ventilation. In underground mining, you’ve got to keep the air moving.” Hard rock underground mining produces dust. “The shards of silicone you are breathing stick to the follicles on your lungs,” he noted. But that doesn’t happen during the ISL extraction process. No emissions, a farm of well fields with underground pipes and tubing, and very detailed safeguards explain they the lobby wall of Power Resources is lined with Safety Award certificates and plaques.

“On a daily basis, when we leave the facility, we are scanned for alpha radiation,” continued Drummond. “Depending upon your position here, you get urinalysis once per week or once per month. We also check for radiation levels.” How did Drummond fare on his most recent radiation check? “I was way below,” he laughed. “There are guys on the beach in Malibu that have higher radiations than I have.”

What precautions does Power Resources take to protect the environment during the ISL extraction process? “Since 1996, we have had zero excursions,” Drummond announced with steeliness in his voice. “We take very great pains to look at the topography, so if we do have an excursion, we make sure it does not enter what we call the ‘waters of the state.’ Any channel that could take that and move it into the ‘waters of the state,’ is something that we are very cognizant of.”

After the holes are drilled into the well fields, a company does a ‘baseline sample.’ Drummond said, “That’s a sample of the constituents in the water. When we mobilize the uranium, we mobilize other items. It is our duty here, after we start the well field, to return the aquifer back to baseline when we are done.” He added, “If we know what’s in the water before we start, then we know how to restore it to background.” Restoration of the underground tampering with Mother Nature can take anywhere from 18 to 36 months.

The company is meticulous in restoring the landscape as well. Any restoration work on the surface is called “reclamation.” That can involve farming. “When we start a well field, we have to, by license, remove the topsoil and store it somewhere,” Drummond explained. “When we go back to reclaim the property, we take all the pipes out, we take the houses down, and cut our wells off. It’s all identified. We put an ID marker on the well. In 50 years time, when Farmer Joe comes around and wonders what was there, the state can say, ‘That was a uranium well.’ From the time we’ve stopped mining, we put everything back to normal.”

It takes from two to four months, or up to seven years, to exhaust a well field, depending upon the roll fronts. While it can take up to 24 months to put in a well field, reclamation and restoration take longer. “We put back the topsoil on, depending upon the weather, as soon as we can,” said Drummond. “We re-seed, during the spring or the fall, which is the best time for seeds. The seed we use is dictated by the regulators so we use a certain amount of native vegetation.” Because it’s very dry at the Smith Ranch, nearly bordering on desert, and because it is also very windy, slapping down the topsoil won’t last very long. “First, we plant some fast-growing oats to establish a root bed,” he explained. “If we just planted grasses, it would all blow away. Because we plant the oats, we have fat antelope and fat deer.” From our observations, the sheep were well-fed and frisky.

How does Wyoming ISL mining compare to other places, such as in Texas or in Kazakhstan? “In Wyoming, the water is pristine, very clean, even compared to Texas, where they do ISL,” answered Drummond. “The water’s pretty clean down there also.” Is the uranium the same? “When we bring our uranium to the surface, it comes up as uranyl dicarbonate,” he responded. “In Texas, it comes up as uranyl tricarbonate.” What’s the difference? It’s in the processing of the uranium. “We get about 8.5 pounds of pounds of uranium per cubic foot of resin,” he explained. “In Texas, they get about 3 to 4 pounds of uranium per cubic foot of resin.”

Drummond described the Smith Ranch ion exchange operation, “We have two columns in the ion exchange, each with about 500 cubic feet of resin.” The resin costs about $200/cubic foot and, barring mechanical damage, can last up to thirty years, according to Drummond. The polymer beads – they look like tiny plastic ball bearings – capture the uranium during the processing phase. “In Kazakhstan, you get about two to three pounds of uranium per cubic foot of resin,” he continued. “They use hydrochloric acid because of the water conditions. Of course, you’ve changed the chemistry of the water and have all the acid to clean up.” Drummond described the water in Kazakhstan as very brackish, and yellowish. “The TDS (total dissolved solids) is very high,” he added. “The water’s not fit for human consumption anyways.” He laughed, “Using acid over there cleans their water up.”

Family Values – Hardly

For all the chatter from politicians about family values, it is ironic that the tax code actually penalizes people for getting married. At its heart, the tax code is designed to modify behavior. Deductions and credits are given in areas the politicians wish to promote and taken away in areas considered less positive. Home ownership is viewed as a good thing, so mortgage interest is deductible. Cigarettes are bad, so they are taxed like no tomorrow. If you buy this argument, one must wonder why married couples suffer under the tax code.

A recent study found that by getting married, couples are forced to pay roughly $1,500 in additional taxes. Known as the marriage penalty, one must wonder what the government is up to. Is it trying to promote family values or not? The numbers would seem to indicate not.

The marriage penalty is a nasty little development for newlyweds. The penalty occurs because married couples must pool their earnings when they report taxes. Typically, this means their pooled earnings move them into a higher tax bracket and they pay more taxes. For instance, assume husband makes $45,000 a year as does wife. As a married couple, their pooled income is $90,000 with the accompanying tax consequences. For really doomed couples, the combined income will actually kick in the alternative minimum tax. The AMT more or less voids many major deductions. In the tax industry, there is a nickname for this situation – the divorce tax.

The marriage penalty has existed for years, yet the politicians have failed to find a fix. They pay lip service to the idea, but no major changes have been made to fix the problem. The best they have come up with is doubling the standard deduction for married couples, but this has had little impact since most couples itemize their deductions.

It appears the marriage tax penalty is here to stay for the foreseeable future. One has to wonder why our family values President didn’t include a fix in his tax cuts.

Living a happy, resilient and optimistic life is wonderful, and is also good for your health. Being happy actually protects you from the stresses of life. Stress is linked to top causes of death such as heart disease, cancer and stroke.

One of the better things ever said is – ‘The only thing in life that will always remain the same is change’, and in our life we have the power to make the necessary changes if we want to. Even if we find ourselves in an unbearable situation we can always find solace in the knowledge that it too would change.

Social networks or relationships are essential to happiness. People are different, accept people for who or what they are, avoid clashes, constant arguments, and let go of all kinds of resentments. If arguments seem unavoidable still try and make an effort to understand the situation and you might just get along with well with

Happiness is actually found in everyone, increasing it is a way to make a life more wonderful and also more healthy.

To be happy is relatively easy, just decide to be a happy person. Abraham Lincoln observed that most people for most of the time can choose how happy or stressed, how relaxed or troubled, how bright or dull their outlook to be. The choice is simple really, choose to be happy.

There are several ways by which you can do this.

Being grateful is a great attitude. We have so much to be thankful for. Thank the taxi driver for bringing you home safely, thank the cook for a wonderful dinner and thank the guy who cleans your windows. Also thank the mailman for bringing you your mails, thank the policeman for making your place safe and thank God for being alive.

News is stressful. Get less of it. Some people just can’t start their day without their daily dose of news. Try and think about it, 99% of the news we hear or read is bad news. Starting the day with bad news does not seem to be a sensible thing to do.

A religious connection is also recommended. Being part of a religious group with its singing, sacraments, chanting, prayers and meditations foster inner peace.

Manage your time. Time is invaluable and too important to waste. Time management can be viewed as a list of rules that involves scheduling, setting goals, planning, creating lists of things to do and prioritizing. These are the core basics of time management that should be understood to develop an efficient personal time management skill. These basic skills can be fine tuned further to include the finer points of each skill that can give you that extra reserve to make the results you desire.

Laugh and laugh heartily everyday. Heard a good joke? Tell your friends or family about it. As they also say -’Laughter is the best medicine’.

Express your feelings, affections, friendship and passion to people around you. They will most likely reciprocate your actions. Try not to keep pent up anger of frustrations, this is bad for your health. Instead find ways of expressing them in a way that will not cause more injury or hurt to anyone.

Working hard brings tremendous personal satisfaction. It gives a feeling of being competent in finishing our tasks. Accomplishments are necessary for all of us, they give us a sense of value. Work on things that you feel worthy of your time.

Learning is a joyful exercise. Try and learn something new everyday. Learning also makes us expand and broaden our horizons. And could also give us more opportunities in the future.

Run, jog, walk and do other things that your body was made for. Feel alive.

Avoid exposure to negative elements like loud noises, toxins and hazardous places.

These are the few simple things you can do everyday to be happy.

And always remember the quote from Abraham Lincoln, he says that, “Most people are about as happy as they make up their minds to be.”

Front-end loads are sales commissions that are paid up front at the time of your purchase. So, if you give a fund a $10,000 investment and it charges a front-end load of 5%, then the fund will take 5% of your investment (that’s $500) and pocket it right away. Only what is left over after the load has been deducted will be invested into the fund (in this example, only $9,500 is invested in the fund from your initial $10,000 investment)

Back-end loads charge their sales commissions when you sell (or “redeem”) your shares. So, when you go to redeem your shares in a fund with a back-end load you will end up receiving whatever money the shares are worth minus the sales commission.

Mutual funds charge management fees in order to pay for the management services used to run the fund. In other words, these fees are used to pay the salaries of the fund’s managers and analysts. Management fees usually do not amount to more than one percent of the fund’s assets, and they are significantly lower for passively-managed funds, such as index funds, than for actively-managed ones. You should remember that a high management fee in no way guarantees a more skilful management team.

Front loads can be reduced if you are investing or planning to invest a certain amount of money. The load reduction schedules are called “break-points.” For example, with most fund companies if you are investing over $100,000 or plan to within the next 13 months, you will get a 1% reduction on the front load. The more you invest, the greater the reduction in the load. For some fund companies the break-point reduction begins at $50,000 over 13 months, and with many funds, if you invest over $2 million there is no front load.

If you do not have $50,000 or $100,000 to invest over the next 13 months, you can still earn a reduction on the front load, through “rights of accumulation.” Under accumulation rules you will receive fee reductions on the front load when your total investments with one fund family have grown past the break points. Therefore, if you only have $20,000 to invest today, that’s OK, someday soon it will grow past the $50,000 or $100,000 initial break-point and you will be eligible for the load discount on your further investments.

The turnover ratio for a mutual fund can provide you with useful information about how expensive a fund is and how it is managed. Turnover ratios measure the amount of trading activity in the fund’s portfolio. They are calculated by taking all of the fund’s sales for a specified period of time (usually one year) and dividing by the fund’s total assets. This number tells you how much the fund’s portfolio has changed.

You probably will want to exercise caution when investing in a fund with a high turnover ratio. High turnover means that the fund’s manager is buying and selling very often, and, since every sale and every purchase involves a commission, this means that funds with high turnover ratios often have high expenses. Some experts recommend focusing on funds whose turnover ratio is less than 50%.