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Showing posts with label confident. Show all posts
Showing posts with label confident. Show all posts

Thursday, 10 January 2013

7 Traits of Confident People

Even though the development of our self-confidence and self-esteem are influenced by our childhood experience, it certainly does not end there. In fact, it would be a great disservice to ourselves to think that we have little or no control over such things.
A healthy level of confidence may seem like a mystery to someone who struggles with feelings of worthlessness, but anyone can make great strides in this area. Like any other life skill, there are simple, straightforward ways to recreate our perception of self-worth, and improve the way we assess our own value as a person.
Except in extreme cases, adopting new behaviors can effectively reprogram how we feel about our own abilities and personal worth. Our behavior is generally a reflection of our beliefs about who we are and what we are capable of, but this process can also run in reverse. If we want to change those beliefs, we can adopt different behaviors that will send powerful new signals to our nervous system.

The relationship between actions and beliefs

If our actions are not supported by our current beliefs then those beliefs will begin to lose their credibility. This opens the way for new beliefs that are being validated by the signals coming from our new behaviors.
While it may sound somewhat complicated, it is actually very simple to do, and the benefits can be felt almost instantly. It really comes down to this; when you talk and behave like someone with confidence, you feel more confident. As you continue to feel more confident, your perception of “self” changes, and perception is where beliefs come from.
With that in mind, let’s consider seven behaviors that can help increase your sense of confidence and self-esteem. We should also note that motivation is closely linked confidence. So as your confidence grows, so will your ability to motivate yourself.
You may already be doing some of these steps, and that’s great. If so, then this will serve as a valuable reminder, but if not, I suggest you begin ASAP.

7 behaviors that build confidence

1. Project confidence and self-esteem. You know the old saying, “you only have one chance to make a first impression.” That is a good reason to look others directly in the eye and greet them with a smile on your face. Direct eye contact and a smile project a sense of self-confidence. In addition, your posture, bearing, gestures, and gate, tell others (and your own nervous system) that you are a confident person. Body language is a much more powerful way of communicating confidence than anything you have to say.
2. Use your words to reinforce your confident image. When you meet someone new, whether in person or over the phone, always give them your name. Leading with a personal introduction underscores the feeling that you respect yourself, and that they should pay attention to what you have to say.
3. Be willing to accept a compliment. Don’t minimize expressions of honor from others. Instead of trying to sidestep a compliment, be gracious and appreciative. Giving plays an important role in life, but so does the ability to allow yourself to receive. Being able to accept form others provides them with an opportunity to experience the joy of giving. It’s a sign of solid self-esteem to be able to show genuine appreciation for a gift or complement.
4. Avoid self-promotion. Bragging comes from a lack of self-confidence and a desire for external approval. Conversely, genuine modesty is a characteristic of someone who is secure with who they are. People who brag are calling attention to themselves because they don’t feel worthy of respect. It’s like wearing a sign that says “please notice me and tell me that I am special?”
5. Keep the conversation positive. Avoid turning your problems into everyone else’s problems. Do this by not making problems the centerpiece of your conversation. Talk positively about your life and the lives of those around you. Train yourself to be aware of, and to move away from, negative thinking. Take notice of how often you complain and work to eliminate that tendency. When you are tempted to criticize or complain, find a way to turn your thoughts in a positive direction before you speak.
6. Counter doubt with positive action. Everyone’s confidence gets rocked from time to time. Dwelling on difficulties and disappointments will only make matters worse. The best antidote for doubt is to increase your level of productive activity. When your self-confidence is under fire, don’t sit around over analyzing the situation, do something. When you are busy taking action, your mind will be focused on solutions instead of problems. Maybe you can’t solve the problem immediately, but you can start working on it immediately instead of just thinking about it.
7. See everything as an opportunity. When you choose to see setbacks as opportunities your whole perspective shifts toward the positive. In its self, the ability to create this shift instills confidence. I like the saying from the movie The Ultimate Gift, “I’ve lost everything 3 or 4 times, it’s the perfect place to start.“ Everyone fails to produce their intended result sometimes, that’s how we know that it’s time to adjust our course. It is not a reflection of our value as a person, so don’t take it personally or let it rattle your self-esteem. If you feel that tendency, go for a walk and practice steps 1 and 2. Going through the actions will help restore your internal feelings of confidence.

Thursday, 20 December 2012

How to Make Money In the Stock Market: 4 Steps to Make You a Confident Investor

It’s a whole new investing ball game folks. Even just a few years ago, your odds of being able to start investing with as little as £100 were as good as a pig not rolling in mud after a storm.
Sure, people have been writing about investing with £100 for years.
But the knowledge needed to pull it off properly was crazy. And the emotional and practical obstacles to getting started were scary.
Not anymore.
If you’ve always wanted to hit the start (or restart) button on investing, here’s how you can do it with £100.

Is This You?

Let’s be honest.
Most folks believe the investing myths that abound everywhere you turn. I’m talking myths like:
  1. Getting started with investing isn’t necessary if you eventually make enough money
  2. Investing with small amounts has no benefits
  3. You need thousands of dollars (or more) before the investment company gatekeepers will let you in
  4. People who don’t know a stock from a bond or how “The Market” works should stay away
  5. You should pay off all your debt – regardless of the terms and interest rate – before investing
  6. The best returns for a solopreneur or small business owner are always reinvesting in your business
There could actually be some truth to these myths in certain scenarios. I should know since I worked in the investment industry for a decade. But people who these myths apply to probably don’t look and act like you and me.


Every day, a new barrier to investing with small amounts is being invisibly broken down. So, if you’re determined to have your purchasing power grow faster than taxes and inflation constantly devour it, you should be investing now.

Know the Breakdown

Many people get stuck with investing because they feel they need to know the perfect investment before starting.
Here’s a secret everyone should know:
There is no such thing as a “perfect” investment. There are only suitable or appropriate investments, some of which you might already know about.
You could get tips from Warren Buffett all day long or even incredible education in less than two pages, but the fundamental process can be the same for everyone.
Here’s the breakdown to get you moving, educated, and joining a new generation of confident investors.
1. Answer Some Initial Considerations
You don’t need to know every investing definition, process, and principle before starting.
But you do need to know your investing goals up front. Beyond ensuring your purchasing power is keeping up with the hidden bite of taxes and inflation, do you need money to pay for higher education, retirement, a future wedding, a new car, or that vacation you richly deserve? Answering this question will determine the account structure you need to pursue these big goals.
You should also consider how much to invest initially and periodically, especially if you have debt or are self-employed. Do this based on more than just financial analysis though. The health, emotional, and mental angles are essential too.
2. Choose an Investment Account Type
You could open a limited partnership, futures, or foreign currency account (among others). However, the newly empowered investor probably will find them too complex, too expensive, and too risky.
Instead, base your selection on the answer to this core question:
Do you want to invest with a focus on retirement, higher education, or something else?
If retirement, pick among retirement options like an Individual Retirement Account (U.S.), Tax-Free Savings Account (Canada), or Individual Savings Account (U.K.). If higher education, choose among options like a 529 College Savings Plan (U.S.), Registered Education Savings Plan (Canada), or Junior Individual Savings Account (U.K.). If retirement or higher education doesn’t suit your needs, the plain vanilla account is a great option.
3. Select an Appropriate Investment
Remember there are no perfect investments for you, only suitable or appropriate ones. And among all the investment types under the sun, picking one between stocks, fixed-income (i.e. bonds), mutual funds or Exchange Traded FundsReal Estate Investment Trusts (REIT), and commodities will generally be appropriate for most people.
Just make sure you first understand core investing principles like risk tolerancediversificationliquidityrate of return, and keeping costs low before making a choice.
Filters and screening tools can be your best friend here, so use them liberally.
4. Picking an Investment Company
It starts getting easier now because your choices of account structure and investment type aren’t offered by all investment companies.
Separate from each investment company’s online functionality, support methods, and pricing model, the core decision point will be how little money the company requires to open an account and invest in specific securities.
Consider signing up for automated periodic investments to further decrease the minimum balance amounts required if otherwise too high. Just about every country has investment companies with no minimum balance amounts for certain investments or minimum amounts as low as £100.
Tools at The Motley FoolFindTheBestFinancial Highway (Canada), and Money.co.uk (U.K.) can be really helpful.

Boom! You’re Investing

After the account is opened and you’ve placed your first trade, you’re rocking and rolling as an investor. Your investment balance might be small-time, but you should feel big-time confidence that your money can now grow to pay for your future needs.
Plus, it feels awesome to fight back against the ever-present grip of taxes and inflation.
When you act on these steps, your mind and spirit will thank you for liberating your time, money, and talent. Your pocketbook and bank account will thank you too.
So what’s it going to be folks? Commit to getting started (or restarted) with investing and let us know when it’s happening in the comments!