Becoming a Master Speculator

When we hear the word speculations the first thing that in general comes to our minds is stocks, currencies and other financial markets, easy money. What is a speculator? What is speculation?

It is far more comfortable to make a living speculating than working for someone on an hourly basis.

-          But is very risky. Skeptics may say…

After this tutorial you will know how to become a master speculator in your area, no matter which, Guaranteed!

The word speculate comes from the Latin speculari, to spy out. See ahead, therefore making the speculator the one who engages in seeing ahead. By relying on probable facts you may take advantage of those who don’t, and even help them. How?

Legend tells that in China there was a lack of Rice in between crops. No currencies and central banks. Just plain rice! So relying on the fact that between crops there was a need to be satisfied, speculators started buying rice during the season and selling off season, helping the population to feed themselves and making a well deserved profit from it.

Let’s start by little things. The 7:00 AM bus. You know for a fact the 7:00 AM bus is uncomfortably crowded and the traffic to town is already jammed. By taking the 6:45 AM bus, instead, those 15 minutes will save over an hour in transportation. No need for a broker, no need for capital, thinking is the only requirement. Congratulations! by setting the alarm clock and catching the 6:45 AM bus instead, you completed a speculation.

Once you found some obvious facts speculation, and took advantage of them, the next step is appreciating, in order to set the mind to uncover more opportunities happening right now, but demands attention.

How to appreciate? Remember the speculation. Recall the process of identifying what was about to happen, how we did prepare and how we took advantage of it, and the general benefit. When we remember and we feel that emotion when we had our small success, and we focus on it, expand it, as an exercise, this sets the mind into finding and attracting more and more situations like that one to our attention where we can take advantage of. It opens our eyes.

You may move eventually to real estate, stocks and everything else… but why risk your capital, if you have one, if there are so many opportunities around you waiting to be taken advantage of? Why not start asking to see them now?  One more thing I guarantee for sure. If you don’t ask, you will not receive.

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2 Responses to “Becoming a Master Speculator”
  1. Alston 21 January 2011 at 2:55 am #

    Great post. Anyone can speculate… just look ahead.

  2. Jack O'neill 22 February 2011 at 6:12 pm #

    http://www.jackssurfboards.com/products/full–spring-suits/542/336418/oneill-epic-ii-32mm-ct-wetsuit—youth

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