4 WEALTHY LIVING

The Peoples Stock Exchange Newsletter is starting a TwitBook called 4WealthyLiving, which is a source of information for the people and by the people of America from The Petty-Owens Enterprise twitter account since the beginning of 2010. Check it out and see what you thought about back then.

BLOOD IS ON THE STREET

Some of the world celebrates May Day (may 1st) therefore the gain experienced yesterday was possibly false ,since some of the market's player took the day off and today the market is dissapointed with Greece's debt situation as a result i'm buying stocks tomorrow first thing in the morninga

The Peoples STOCK EXCHANGE Newsletter
Volume 1, Issue 1 2010
THE LANGUAGE OF WALL ST
WRITTEN BY: The Petty-Owens Enterprise Inc
WHAT IS THE FEDERAL RESERVE BANK
According to Barron’s Financial Guides: Dictionary of Finance and Investment Terms, “A reserve bank is one of the banks that, with their branches, make up the FEDERAL RESERVE SYSTEM, the location of these banks are as followed, Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco. The role of each Federal Reserve Bank is to monitor the commercial and savings banks in its region to ensure that they follow Federal Reserve Board regulations and to provide those banks with access to emergency funds from the DISCOUNT WINDOW. The reserve banks act as depositories for member banks in their regions, providing money transfer and other services. Each of the banks is owned by the member banks in its district.
INSIDE THIS ISSUE
1 English: The Language of Wall St.
2 Science: Why Economics is the Science of Finance
3 Math: Compound Interest and Rule 72
4 History: Where did the New York Stock Exchange
5 The true Story: capital punishment
capital punishment
This is a true story about a young man born and raised in one of Brooklyn’s notorious projects, who became a heavy hitter on Wall St without a college education, as a stockbroker managing over a million by the age of 21 before the great recession in 2007. Living life in the fast lane forced Calvin Baker to leave behind all morals known to mankind in exchange for experiencing the American dream up close and personal at a crucial time in the history of wall st.

RED LIGHT , GREEN LIGHT

This human association with red meaning stop and green meaning go may keep the world in order when it comes to the flow of traffic, however if an investor obeys by those rules of stop or sell when the market is red and go or buy when the market is green, there is a very high possible the investor will not last long enough to get another chance to correct his or her mistakes. It is the believe of finance boy that when your in tune or harmony with what the market is giving you sometimes timing your investment can be as easy as buying when the market is red ( which is the opposite of stop) and selling when the market is green (which is the opposite of stop). Do this and never buy all your stock at one time and trust me your going to be surprise with how market works to your advantage instead of against you.

MENTOR II

It's perfectly normal to have your parents or close family members as your mentor, since they've known you all your life and watched you grow up. However, older family members will always look at you as their little cousin, niece or nephew. In other words, someone from outside your immediate family will look at you as someone in the future rather than someone in the past. This perception allows the mentor to guide you as you are from the moment you met them. There are several perks to having a mentor if they feel you are you ready for what they have to offer, including what they have learned from there own experience, which is a priceless asset, since they make the path much smoother to reach your goals in life. My father taught me the best way to attract a mentor into your life is showing anyone you interact with, a burning desire to achieve what they are doing, even if your not exactly sure what path or resources are needed in order for their life to become very similar to your own. Furthermore, if there is someone you admire " tell them, and make a list of questions for them to answer. For example, make a list of 10 questions and every time you see this "potential mentor" ask them a question. If you follow through with actions of your own based on their answers by the end of the 10 questions I'm sure this person will end becoming your mentor.

MENTOR

My father was a very wise for giving me the freedom to be whatever it is that I wanted to be. He never forced me to be interested in finance and the stock market. Instead,he stressed the importance of knowing what you want in life and spending all your time dedicated to your calling here on earth. Once I knew what I was passionate about father taught me to put all my energy into gather whatever information and skill I needed to improve myself everyday in finance. The next step was finding a mentor, a real life person who was living the life that I dreamed of living. As my journey in finance continued and after years of searching I found one. My mentor is not ONLY rich when it comes to money but he is wealthy with a lovely family to share his happiness. His teaching me that life is met to be abundant and money is nothing if your not happy to share it with the world. He's the one who inspired me to give 50 cents for every dollar The Petty-Owens Enterprise Inc makes.....TO BE CONTINUED!!

SOCIAL INVESTING

Right now there is a misperception about what it takes to make money by investing in the stock market as well as the currency market. Most people believe you have to be very good in math in order to success at investing. Well, I'm here to inform anyone that is willing to listen with an open mind that this is not always the case. My father taught me the form of education that technology cannot replace is one ability to read and write. However, when it comes to math, you must only understand the basics that relate to real life such as adding, subtracting,multiplication, dividing and percentages. Their is a big difference between math and money, and if one's success was based upon in his or her ability to do equations then every math genius would be a millionaire in this capitalistic society. I suggest people study the life's of John D. Rockefeller Sr. ( who studied accounting) and Henry Ford (who studied mechanics) who most consider men of low education and yet both of them became the richest people in history and whose families are still wealthy until this day. John D. Rockefeller Sr. and Henry Ford learned another form of education and that was the education of human behavior and leadership. They were not a jack of all trades, they knew one subject but were determined to understand that subject better than anyone else. This desire of acquiring specialized knowledge made these men competitive, and competition breeds performance. This skill of understanding human behavior, history, time,the value of money, greed, fear and proper leadership are the essences of social investing. This style of investing is not taught in one class room or found in one book. Social investing is build on communication skills and human relations and thanks to the information age that we live in, this skill can be understood by the click of a button.