Prosperity News from Money
ToolBox for Women
By Dr Audrey Reed
It’s a New Year and a New Beginning.
I have dedicated this year to being balanced
inside outside – same
side.
Taking this to loving myself and giving myself the gift of time
for me.
Being Balanced with all the busyness that is a part of
our daily lives.
What a concept! Doing things for yourself…to fill you up – enrich
your life and thus enriching the lives of those around you. This
newsletter is a little longer than most of the Prosperity Newsletter,
and it is worth the read. My guest interview is with
Natalie Pace
My guest interview is with Natalie Pace the
CEO and founder of iSophia, a leading Women’s Investment Network. www.WomensInvestmentNetwork.com
Off to a Marvelous Beginning Money Tool Box for Women is the Book of the Month
on www.JustForMoms.com
Wealth and Wisdom the great balancing
act - The news media has been flooded
with good news, the stock market and our economy are looking up.
Why then, in the same breath, are the reports
from credit card companies stating that there were more delinquent
payments in December
and January? You are smart, intelligent and well-educated people. Why
then do we put ourselves in such financial jeopardy?
I bet most of you have financial books sitting
on the shelf growing mold. You have listened to the great teachers and guru about money
and financial independence. How many of you are willing to light
your fire, take the bold steps in your financial world that
shake you up? Choose now to make the behavioral shifts that
change your world?
Are you willing to take the risk? Move the mountain?
Join the growing new club of individuals who are financially
savvy and have
the financial freedom that you want in your life. Maybe becoming
a millionaire is not your goal, that’s fine. What would it be
like for you to wake up each morning and feeling free and being
financially sound, living in the luxury of your own lifestyle?
I urge you to take this next step to go to www.draudreyreed.com and enroll yourself
in either the Santa Monica - 6 week Intimate Conversations About
Money – Awakening the Goddess Within
Or the NEWEST 10 week – one hour each Monday Night, on
the phone with your friends - Intimate Conversations About Money
it’s a “Fuzzy Bunny Slipper” telephone seminar. Just click on
the website and then on seminars on the homepage to register.
Simple Yet Profound!
There is a dual learning here, how to become financially sound
and then how to begin to study, how to invest your savings,
wisely.
This article will also appear in MS Fitness Magazine Summer Issue
2004 with over 250,000 subscribers.
Money Fitness - Investing Our Savings? It is summer and outdoor activities for those
of us that are sports and fitness minded are foremost on our
minds. I cannot wait to
jump out of bed in the morning and go for a fast walk before I
settle in for a good cup of hot tea and a hot date with my computer. Later
in the afternoon, as the sun is setting I am riding my bike enjoying
the sunset by the Pacific Ocean.
If it has been an extremely stressful day, you
can find me in yoga or at the local spin class. With all the
attention to my body and mental - emotional well-being, I have
also learned to
take good care of my finances now and for the future.
As we go to press the stock market is in its prime. If we are
on schedule as analysts have predicted, now is the time to double
up on savings and investing our money.
I have taken good care of my finances in the
past. I am fortunate to have had good mentors and helpful brokers.
(I am not a Certified
Family Planner and do not have a Broker’s license.) I know if
we are going to have healthy savings, that sound investing is one
fundamental course of action that will get us the results.
Researching your broker or investment team is as important as
researching a good trainer.
Do you hire a trainer who is fat and flabby or one whose body
models the good health and fitness you desire?
It is the same with a money and investment coach. In the past
I have been coaching you about managing your money. It is important
to have a good financial foundation to be able to hold onto the
money you earn as it flows to you.
Recently I interviewed Natalie Pace the CEO
and founder of iSophia, a leading Women’s Investment Network. She
managed to walk away intact from the stock market fall from
March 2000
until the recent up climb.
She graduated summa cum laude from the University
of Southern California with a degree in English literature, and
is a member
of the Phi Beta Kappa and Phi Kappa Phi honor societies.
Natalie W. Pace launched iSophia, a leading
Women’s Investment
Network and multi-media investment center, in November of 2002,
to bring education, information, learning opportunities and financial
empowerment to individual investors, who are hungry for financial
health, wealth, ethics and wisdom. Since the initial launch, business
has grown at light speed. Ms. Pace is currently a regular contributor
to Forbes.com, has been interviewed by Diane Sawyer on Good Morning
America and much more.
Ms. Pace’s personal, trademarked investment
strategies are endorsed by major business leaders and investors. N.W.
beat the market in 2000 by anticipating the crash. Her story
gives us all hope. In 2000 Natalie says she couldn’t
even afford the property taxes on her condo, so she sold it and
with the $20,000 profit decided to sit out that year, after a broker
had given her some interesting advice that Natalie knew from being
in the telecommunications industry was bogus.
Natalie and her investment club have extraordinary
statistic in buyer great stocks from the research that they did
during 2002 –2003. Her
capital gains in 2001 (during one bear of a year) were above 200%. Brilliant!
Sparks have flashed for the women of Natalie’s
group with a growth record in 2002, the investment club outperformed
all of the major
indices--up +200% as of December 2003.
The original investment club founded eighteen months ago consists
of eight women.
The average investor’s monthly contribution was $100 per month. In
easy numbers they have gone from $800 to $45,000 in 18 months.
It wasn’t magic. They followed the principals Natalie and I talked
about in the interview stage of this article and it works.
The network and the club’s formula is practical and to the point,
easy to learn and with focus and teamship, (that’s part of the
investment club theory). Not everyone is good at everything, and
if you have people doing what they are good at in the club, then
the wheels will flash sparks on the tracks to success.
NWP’s web site www.WomensInvestmentNetwork.com features
exclusive first-run interviews with world business leaders, stock
report cards, macro trend articles and educational information
on market terminology, alongside effective approaches to personal
and corporate growth, success and ethics. iSophia’s advisement
team embodies success and experience in finance, entertainment,
fashion, media, marketing and investment clubs.
AR -How did you learn the nuances of the market?
NP - During the year 2000, I kept my money out
of the market and in a 3% savings account. I studied and practiced at buying and
selling stocks. My philosophy is simple and profound, buy low
sell high. Study the investment – what is its ten year time
line. What is being determined with this research is - Is the
stock at its high – mid-point –low?
Look for good strong companies that will lead
their sector.
AR - Do not follow the crowd like lemmings
to the sea?
NP - Correct, make good sound
choices, and if you don’t like the way something stacks up, don’t buy it. Rather
say, I should have and didn’t than I didn’t take my time and
lost.
AR - As simply as possible, what are the principles you subscribe
to buying stocks?
NP
- Buy Low – Sell High
- Start with heart and what you already know
about what’s going
on in the world.
- Add Brains
- Choose Companies and Products Your Know.
- Company and Products You Like.
- Understand the Product or Service.
- You as a Consumer are the most valuable advisor for yourself.
- Keep Your Radar Up!
- Research the Products Growth Potential – determine
if the product/service is priced to sell at a higher price at a later date.
Last Tip - Know the P/E Price to Earning
Ratio
On a spreadsheet compare all of the numbers
with the company’s
competitors. You want to buy the leader in its sector. Leader
meaning the product/service that will in the long run outperform
the competition.
AR - How do you know a company will outperform the competition?
NP - Go to the company website or get
a copy of the company’s
Annual Report. If you know the company’s history, you will be
able to see what percentage of the annual revenues are going into
research and development. Have their products been successful
in the past? Have they been market leaders in the past and more
so recently?
AR – What is the personality code we should
look to crack with the management of a company?
NP – Investors should remember that companies
are made up of real
people. Does the management team consist of ethical visionaries
or greedy megalomaniacs? The rest is gut work?
AR – Often, we ignore the signs of immerging
or failing companies. Tell our readers your father’s story.
NP - My Father, a retired blue collar worker,
living in Phoenix knew K-Mart was in trouble months before they
filed for bankruptcy
protection. Why? They were no longer stocking the widgets he wanted,
couldn’t say if they were getting more in, complained about the
computer system and actually sent him to another store to buy them. He
called me, “I think K-Mart is in trouble. We started to do the
research and sure enough their story began to unfold.
AR - Is the stock market a gamble?
NP - Yes, you are choosing
whether or not a company’s value will go up or down. A little like roulette’s black
or red. Do not rush into anything. Having said that, a balanced
portfolio should help minimize the risk.
AR – When is a good time
to sell your stocks?
NP – A good profit taking strategies, actually
SELLING when a company’s stock is high instead of always waiting
for it to go higher, just that strategy alone, can significantly
increase your return and reduce your risk.
AR - What if it is a new company?
NP - The newer the company the higher the risk. Without
a history and a profit/earnings ratio available it is too much
of a risk
for the beginning investor. However, if you truly believe in and
know the product and the management team, gamble only what
you are willing to lose.
Otherwise, stick with the known. – even if the
gains in stock value may not be as strong percentage wise.
AR - Is it important to due your research?
NP – Extremely! Doing your research and due diligence is critical. Remember,
You are interested in the sector leader, the one with the best
product, management team and research and development to create
upcoming products to outshine its competition in the industry.
You
want the Star of the Galaxy
This interview with Natalie Pace is the beginning
of a new and growing relationship for me and for my readership. A word of
caution! We did not give you any stock advise, nor is this
an endorsement for any of the advise that is on the WomensInvestmentNetwork.com
website.
It is a beginning place. The space where as
we grow strong in our savings we can begin to understand how
investing works, so
that as a beginner or even if you are a more seasoned investor
you challenge yourself to stay focused and balanced in exercising
the new muscles of investment.
It is important to recognize all aspect of the information offered
in this column is a blending of the philosophy, you find regularly
in this column, be balanced and fit with your body, your
spirit and your finances. Once the behavior of saving is fully
in your bones, you can continue to save and then begin to invest
step by step.
Blessing of Light and Loving,
Audrey Dr Audrey Reed, is the regular Financial
Columnist for MS Fitness Magazine. You can
E - mail Dr Audrey with questions at Audrey@moneytoolboxforwomen.com.
She is the author of Money ToolBox for Women – Simple Soulutions
for Mastering Your Money, available soon as an e book
at www.draudreyreed.com. Soft Cover copies
are available at website or by phone 888 853 6564. Visit her website
for information about new on the telephone seminars, e-zine and
contest she will be running all this summer. Newest book Verbal
Magik – 10 Simple Practices to Increase Sales available
at www.verbalmagik.com in CD and/or Workbook.
Coming Soon - Dolphin Dancing - Opening Your Chakras
to Abundance on CD and in paperback.
