Wednesday, May 30, 2012

Options Trading - Advantages and Disadvantages

What is Options Trading?

An option is simply granting someone the right to buy or sell something in the future. In the case of Dow index futures options, when someone buys a Dow call option they are buying the right to purchase that underlying Dow future at a specific price, known as the "strike price," at a future point in time, known as the "expiration date." When an investor buys a put, they are essentially selling the market; a call essentially buys the market. Likewise, selling a put essentially buys the market; selling a call essentially sells the market.

Forex

In order to receive the opportunity to buy an option on this future, investors pay a "premium." If the market does not reach the strike price of the option, then that option will expire worthless on the expiration date. If the market does reach the strike price of the option on the expiration date, then the investor will be assigned the underlying future at that strike price.

Options Trading - Advantages and Disadvantages

Advantages of Options Trading

Flexibility. Options can be used in a wide variety of strategies, from conservative to high-risk, and can be tailored to more expectations than simply "the stock will go up" or "the stock will go down."

Leverage. An investor can gain leverage in a stock without committing to a trade.

Limited Risk. Risk is limited to the option premium (except when writing options for a security that is not already owned).

Hedging. Options allow investors to protect their positions against price fluctuations when it is not desirable to alter the underlying positon.

Disadvantages of Options Trading

Costs. The costs of trading options (including both commissions and the bid/ask spread) is significantly higher on a percentage basis than trading the underlying stock, and these costs can drastically eat into any profits.

Liquidity. With the vast array of different strike prices available, some will suffer from very low liquidity making trading difficult.

Complexity. Options are very complex and require a great deal of observation and maintenance.

Time decay. The time-sensitive nature of options leads to the result that most options expire worthless. This only applies to those traders that purchase options - those selling collect the premium but with:

Unlimited Risk. Some option positions, such as writing uncovered options, are accompanied by unlimited risk.

Overall Options present a good opportunity to formulate plans which can take advantage of volatility in underlying markets as well as price direction. However for most traders the disadvantages are significant and online futures trading is usually a better option.

Options Trading - Advantages and Disadvantages

Tim Wreford runs Online Futures Trading, a website that provides information and resources for traders. Tim also provides a free day trading system, the results of which are updated daily on the site.

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Monday, May 28, 2012

Top 10 Android Apps

Have an Android phone but don't know what apps are worth downloading or purchasing? Android phones are excellent for those who love apps on a daily basis and want an easy way to play games, store information, and do other simple tasks with every unique app. Here are the top ten apps for any Android phone user ranging from games, entertainment to tools and devices:

1. Paper Camera:

Top 10

Everyone loves to take pictures with their Android phone, but often times the un-original camera filter apps become old after a while. Paper camera is only a 2 dollar app that lets you point the camera at what you're shooting and it automatically applies the filter you have chosen while you're taking your pictures. There's a total of 12 unique effects and you can simply press the next button to see all of them while your camera is on. This exciting app also features sharing options.

Top 10 Android Apps

2. Speaktoit assistant:

The Speaktoit assistant app is similar to the iPhone's Siri and is handy in many situations. To use this free app, simply ask a question or place a request and the assistant will direct you to Google searches, near-by locations or even tools in your Android phone. You can also change the voice of the speaker to make it fun!

3. Google Music:

One of the hottest apps in a while is the Google Music app, which lets you upload over 20k of from a Mac or PC directly to Cloud. It's an easy way to listen to music on the go and only cost you as little as 49 cents per song.

4. Speed Forge 3D:

The best racing game for all Android phones! This game is set in the future and involves insane vehicles and driving styles. There's even weapons that can be added - even better, this game is in 3D and free for all.

5. Bonsai Blast:

Bonsai Blast is a free and perfect game when you're bored and need something to do that will pack in tons of fun. It's great for anyone who loves puzzle games and wants a new twist on them.

6. Any.DO: To Do List:

Tired of forgetting important tasks? This app is provided by a Google Executive and is made especially for android loves who need to stay organized and have their events and tasks listed out to be remembered.

7. Fooducate Shopping Scanner:

Be aware of what you eat with this popular app for Android phones. It lets you see nutritional info on thousands of foods and lets you scan items to see better and healthier alternatives.

8. Path:

This new app is an excellent choice for social networking. Easily share photos, listen to music, and tell the world what you're up too for free.

9. World of Goo:

Android users love this physics based puzzle game that challenges you to connect goo balls together and build structures with creativity. Perfect for all ages!

10. TweetDeck:

With this app, you can have all your favorite social networking sites in one spot and social feed. No need for multiple Facebook and twitter apps!

These are just an example of the best apps you can find on the Android Market. With thousands of available apps, there are plenty of other applications that will help you maximize the benefits of having such a powerful device.

Top 10 Android Apps

Michael is a writer for EverythingAndroid, where he reviews the latest Samsung Galaxy cases in addition to checking out the latest Droid RAZR accessories. The only thing he enjoys more than Android phones is his pet chihuahua Beano.

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Tuesday, May 22, 2012

Top 10 Best Home Based Businesses to Start During a Recession

With the economy in shambles and unemployment on the rise, is now a good time to start a business? Yes, if you choose smartly a home based business can allow you to thrive financially while still having the flexibility that will allow you to be there with your family. Here are the top 10 best home based businesses to start during a recession.

1. At home daycare

Top 10

Starting an at-home daycare is one of the top 10 home based businesses to start. With daycare being so expensive and so impersonal, many working families prefer to use home day cares where there child will get personal attention at a reasonable cost. This business is easy to set up but be sure to have contracts that you stick with. Check for local regulations before you begin.

Top 10 Best Home Based Businesses to Start During a Recession

2. Pet sitting / dog walking

Even in tough economic times, people keep spending on their dogs and cats. Starting a pet sitting business is a great way for animal lovers to make extra cash. In addition to pet sitting, you can also offer dog walking for people who are stuck at the office all day.

If you are serious about starting a pet sitting business, be sure to become bonded and insured.

3. Web design

You don't need to be extremely skilled to start a web design business. All you need is a knack for selling to the local businesses in your area. Many of them don't have a webpage but spend thousands on expensive and ineffective yellow page advertising.

Learn what kinds of sites business owners want and how to sell it to them, and you can always outsource the technical work.

4. Freelance writing

Many people make extra money with freelance writing, and some make a career out of. There are many places that you'll be able to sell your work, both online and offline. For offline gigs, pick up a copy of Writer's Market. For online work, find people who need articles, ebooks, and autoresponder emails and offer it to them at a competitive (but livable) price.

5. Accounting

Accounting isn't for everyone, but if it is something that you enjoy consider becoming certified and offering your services. You can either start your own business or buy an existing franchise.

6. Blogging

It's possible to make six figures blogging, but you'll need to write frequently and spend your time wisely. There are many ways to get paid by blogging, whether you are selling advertising space, selling products for affiliate commission, or by displaying Google AdSense.

7. Virtual Assistant

If you are organized and enjoy learning new things, consider becoming a virtual assistant. Network with small business owners to see what kind of help they need. You might help them by running personal errands or maintain their websites.

8. Business Coach

Business coaching is one of the most profitable home based businesses you can start. If you can help a business succeed in a certain area, consider becoming a business coach.

9. Affiliate Marketing

If you want your home business to be internet-based, consider affiliate marketing. With affiliate marketing you get a commission of products that you sell.

10. Information publishing

Information publishing is a huge business and there is always room for another publisher. Think about all the newspapers, magazines, and nonfiction books available. They are all selling information. You, too, can sell information that other people are willing to pay for. This can be done in the form of ebooks and downloadable guides.

The number one thing to remember when you are choosing one of the top 10 best home based businesses is to follow your passion. If you provide a service or a product that others need and keep your overhead costs low, your business will be able to thrive in a booming economy or a recession.

Top 10 Best Home Based Businesses to Start During a Recession

Get free tips that will help you build your home based business at [http://www.home-business-solutions.net]

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Saturday, May 19, 2012

TOP TEN Pound 4 Pound Best Boxer Ever

Before we start our list, I wanted to take some time to comment on 2 fighters that may have strong support in certain communities for being among the best ever, but truly do not have a place on the list.

NOT RANKED

Top 10

Rocky Marciano - Won 49 Lost 0, 43 KO

TOP TEN Pound 4 Pound Best Boxer Ever

Ask any Italian who the greatest boxer ever was, and you will never hear the names Ali, Louis or Sugar. Nope. You will only hear the name Rocky Marciano, the only heavyweight champion to retire undefeated. To his credit, Rocky Marciano did make a habit of beating up his opponents in the ring. Add the fact that his most notable victory was over his childhood idle, Joe Louis, whom he sent back into retirement. But Joe was well past his prime. He also beat Archie Moore, but he also was already in his early forties. So to the entire nation of Italy and her children I say to you, Rocky Marciano could not beat any of the champions in my Top T.E.N.

Lennox Lewis - 41 wins, 2 losses, 1 draw, 32 KO

Lewis will most likely go down as one of the most intelligent, calculated champions ever. But that is not what pound for pound is based on. Lennox was able to capitalize on Tyson's jail term to reign as champion, then got out before the Klitchko brothers could undo the legacy he has manufactured for himself. He stayed an extra 4 years as an amateur to win a gold metal against younger opponents (Riddick Bowe for the medal bout). He then became champion only because Bowe gave up the title. He backed out of Tyson's way (accepting a huge multi-million dollar payoff from Don King as payment for Tyson taking his ranking) as he was climbing back up to regain the championship that was handed to him. I believe that history will judge him for the fake that he truly is.

And now, to the top ten best pound for pound boxers:

10 - Mike Tyson - 50 wins, 5 losses, 2 no contests, 44 KO

No other fighter has been called "the baddest man on the planet". Mike Tyson was perhaps the most feared person in boxing history. Up until Buster Douglas embarrassed Iron Mike, Mike Tyson made fighters give up. Going up through the amateur ranks, boxers actually lost on purpose so as to not fight Tyson in tournaments. How ironic that Tyson's worst defeat was not to a boxer, but to a beauty pageant contestant named Desiree Washington. There is a great chance that had Tyson not suffered a 3-year setback, he would have easily moved up and be universally recognized as one of the best ever.

9 - (Big) George Foreman - Won 76 lost 5, 68 KO

Foreman's biggest enemy opponent has always been himself. He could not accept defeat. After making his name as one of the most dominant fighter ever, his loss to Ali took him out of professional boxing for over a year. He made his first comeback attempt in 1977, knocking out his next 5 opponents (including Frazier, again), only to retire after losing a 12 round decision. A decade later, Foreman made an improbable comeback at the age of 38. Foreman made it again near the top of the boxing rankings, and despite suffering setbacks against Holyfield and Tommy Morrison, Foreman shocked the world when he stunned Michael Moore with a knock out in the 10th round. His next few bouts further proved that even unto his late 40th, Foreman was still a formidable force.

8 - (Sugar) Ray Leonard - 36 Wins, 3 Loss, 1 Draw, 25 KO

Leonard has to be on this list if only for the pure psychology he was able to inflict on his opponents. Only Ali could get into his opponents head more. Add to that all the titles his has own, in multiple weight divisions, and you have your number 8 all time. Like most great fighters, he just did not know when to quit, so you will have to ignore the last few fights of his career. Sugar Ray beat them all, from Duran (No Mas, No Mas), to Hagler, then Hearns, Sugar Ray's stock only dropped because of his own issues. He first retired due to a detached retina, and it can be argued that a serious cocaine habit between 84 and 89 further damaged his career.

7 - (Marvelous) Marvin Hagler - 62 Wins, 3 Losses, 2 Draws, 52 KO

Yes, we have the Marvelous one ahead of Leonard, even though Leonard beat Hagler in their one encounter. Hagler was so distraught by that loss that he left before, and even refuses to talk about that fight today. Hagler's only 2 losses were early on in his career, and he responded to them by beating both fighters. He would have continued to dominate the middleweight division had he not suffered the mentally debilitating loss to Leonard. While Hopkins has been middleweight champion longer, with more title defenses, it can be argued that he never faced opponents the caliber of Duran and Hearns, both of whom Hagler defeated.

6 - Archie Moore - 181 wins, 24 losses, 9 draws and 1 no contest, 145 KO

Looking at the record, it is easy to see why the "Old Mongoose" or "Ancient Archie" has made it to the list. Archie's career spanned over 4 decades, and it the only fighter to have faced by Rocky Marciano and Muhammed Ali. Archie was a better Light Heavyweight than he was a pure Heavyweight. He had his light heavyweight title stripped from him twice because he was too busy fighting at a higher weight class. No other fighter has knocked out as many professional opponents as Archie.

5 - Roy Jones Jr - 49 wins, 3 losses, 38 KO

This particular selection is highly debatable, and may end with Roy's removal from the list completely. While there is no denying his talent, there is question as to if his showmanship and opponent section unfairly propelled him into his status. Winning a championship fight after playing paid basketball the same day was previously unheard of. As was becoming a champion at middleweight all the way up to heavyweight. Before his last two fights, Jones' only defeat was a bogus call after he was disqualified against Montell Griffin, which he quickly avenged. Jones has at least warranted due considering, and an initial entry to the list.

4 - Joe (Brown Bomber) Louis - Won 68 Lost 3, 54 KO

While there seems to be some dispute over whether 5 of his victories by KO were exhibition matches or not, there is a consensus not take seriously 2 of his 3 losses in failed comeback attempts. The last, and most humiliating defeat was an 8th round KO through the ropes by Rocky Marciano. The Brown Bomber was so much in debt, that he tried to come back well past his prime. The fact that so much cultural identify was thrust upon his shoulders, made Joe Louis not only one of the greatest pure fighters, but a true icon for America's 2nd class citizens. Joe will be best known for his 1st round KO over Germany's Max Schmeling in 1938. Schmeling beat the favored Louis in 12 years only a few years earlier. Even when Joe won the Heavyweight title by knockout, he refused to be called champion until he settled the score with Schmeling. It is this attitude that made him a national hero despite his color.

3 - Julio Cesar Chavez - Won 104 Lost 5, 2 draws, 80 KO

Julio is a Mexican world champion boxer who won world titles in 3 different divisions. Among the world champions that Chávez defeated in his career are Edwin Rosario, Jose Luis Ramirez, Rocky Lockridge, Meldrick Taylor, Roger Mayweather, Sammy Fuentes, Héctor "Macho" Camacho, Juan Laporte, and Tony López. Chavez went 13 years before not winning a fight, with a draw to Pernell Whitaker, and it was another year later before he suffered his first defeat which was avenged 4 months later. Only in his last 8 years of his 24 year career did Chavez acount for 4 of his 5 losses to 3 different oppenents. He was able to avenge his lose to Willey Wise, but failed in second attempt to Oscar De La Hoya.

2 - Muhammed (Louisville Lip) Ali - won 56 Lost 5, 37 KO

In my book, Ali will also go down as one of the greatest human beings of all time. As purely a boxer, only a "what could have been" during his 3 year lay off after refusing to go to Vietnam prevents him from being the best ever. He came back after 3 years to lose his first of three asking Joe Frazier. Both were undefeated at the time. The same happened with Ken Norton. In both cases, Ali came back to whup them in the next 2 fights. Although the two became friends later on, Ali is also credited with knocking Foreman out in the ring, out of boxing, and onto the pulpit. Leon Spinks got Ali during his declining years, but Ali still come back to beat him in 1979. What happened to Ali in the next two fights against Holmes and Berbick is eerily similar to what is happening now with Roy Jones Jr. In neither case, should those 2 fights be included into what was an otherwise spectacular career.

1 - (Sugar) Ray Robinson 179 wins, 19 losses, 6 draws, 2 no contests, 109 KO

While many fighters have held that nickname over the years, none have been as sweet as Ray Robinson, whose real name was actually Walker Smith Jr. Robinson won the middleweight title an unprecedented 5 times. Even Muhammed Ali referred to Sugar Ray as the greatest fighter ever (it is rumoured that Robinson actually refused to give Ali an autograph when Ali met him while Ali was still young, and Clay). Unlike Moore, the majority of Robinson's losses came at the end of his career.

Honorable Mention

Floyd Mayweather Jr - 32 Wins, 0 Losses, 21 Knockouts

Now regarded (arguably) as the best active pound for pound boxer

Roberto Duran - 103 Wins, 16 Loss, 69 Knockouts

He will forever by scarred by his 8th round quit job on Sugar Ray Leonard.

Evander (Real Deal) Holyfield - 38 Wins, 7 Losses, 2 Draw, 25 KO

Was undisputed cruiserweight and heavyweight champion of the world. He also was the man that destroyed the aura that was Mike Tyson. He will have his place in boxing history, but not as one of the greatest ever.

(Smokin') Joe Frazier - 32 wins, 4 losses, 1 draw, 27 KO

Also one of the most feared fighters ever, but 2 losses to Ali and Foreman will keep him off this list.

Thomas Hearns - 59 wins 4 Loss 1 Draw, 46 KO

AKA "the Hit Man" and "the Motor City Cobra", Hearns won seven world championships in six weight classes during his 22 year pro career. But losses to Leonard (his first ever) and Hagler will keep him off the list.

Bernard Hopkins - 45 wins, 2 losses, 1 draw, 1 NC, 32 KO

More so than Hagler, Hopkins had a slow start to his career. When he finally won the belt, he has defended against the best of the 90's and 2000. He may end up considered in the 10 top yet.

TOP TEN Pound 4 Pound Best Boxer Ever

Gary Whittaker is the editor of T.E.N Magazine. You can visit the site at http://www.tenwebzine.com. You will be able to find more great articles on sports, politics or other subjects, so check it out!

editor@tenwebzine.com

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Thursday, May 17, 2012

How to Tell Fools Gold From Real Gold

Pyrites or Iron Pyrites, also known as "Fool's Gold", is a mineral that has historically been confused with gold because of its similar color and shape. But despite the similarities in appearance to real gold, it can be easily distinguished from it if you know what to look for.

First of all, the streak of the two minerals is different. "Streak" refers to the color of a mineral's powder. The color of a mineral's powder can be tested by rubbing the mineral on a surface of hard white porcelain. The color of the residual streak indicates the contents of the minerals. Real gold has a yellow streak, while Fool's Gold has a black streak.

Forex

In addition to the color of the minerals' streaks, fool's gold and real gold also differ in hardness. Gold has a low hardness of 2 1/2 to 3 on Moh's relative hardness scale (roughly the same as a finger nail), while fool's gold has a hardness of 6 to 6 1/2 (a typical knife blade measures at approximately 5.5). A relative hardness of zero signifies a liquid, while a relative hardness of 10 is equivalent to a diamond.

How to Tell Fools Gold From Real Gold

A mineral's relative hardness can be tested by scratching. A mineral can only be scratched by a harder mineral, not by a softer one. Therefore, to test the mystery mineral specimen you can use a different mineral with a relative hardness between that of fool's gold and that of real gold. For instance, a copper penny with a relative hardness of 3.5 will suffice. Use he mystery mineral specimen to attempt to scratch the copper penny. If you can scratch the copper penny, then the mineral can not possibly be real gold because it's softer than copper. The mystery mineral can therefore be assumed to be fool's gold (or another mineral with a relative hardness that is higher than that of copper).

In the days of the Gold Rush pyrites and gold were often confused, resulting in much confusion and disappointment. This sometimes leads to the worry in this day and age that fool's gold and real gold are difficult to distinguish. But fear not, because through the above testing methods, fools gold identification is relatively simple.

How to Tell Fools Gold From Real Gold

Paul Jorgensen gained financial independence after years of uncertainty by taking control of his finances and learning to invest strategically.

For more tips visit http://the-gold-market.blogspot.com.

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Tuesday, May 15, 2012

Importance Of Economics

Economics deals with the laws and principles which govern the functioning of an economy and its various parts. An economy exists because of two basic facts. Firstly, human wants for goods and services are unlimited and secondly, productive resources with which to produce goods and services are scarce. Therefore, an economy has to decide how to use its scarce resources to obtain the maximum possible satisfaction of the members of the society. It is this basic problem of scarcity which gives rise to many of the economic problems.

There has been a lot of controversy among economist about the true content of economic theory or its subjects matter. The subject matter and scope of economics has been variously defined. Each definition is incomplete inadequate and because of various conflicting definition, some confusion has been created about the nature and scope of economics.

Forex

The subject matter of economics has been divided into two parts: microeconomics and macroeconomics. In Microeconomics we study the economic behavour of an individual, firm or industry in the national economy.It is thus a study of a particular unit rather than all the units combined.We mainly study the following in microeconomics:

Importance Of Economics

1) Product pricing
2) Consumer behavior
3) Factor pricing
4) Economic conditions of a section of the people
5) Study of a firm and
6) Location of a industry.

In macro economics, we study the economic behavior of the large aggregates such as the overall conditions of the economy such as total production, total consumption, total saving and total investment in it.It includes:

1) National income and output
2) General price level
3) Balance of trade and payments
4) External value of money
5) Saving and investment and
6) Employment and economic growth.

The problem of scarcity and choice making can be depicted using the tool of production possibilities curve. The basic economic problems of what, how and for whom to produce can be solved in many ways by an economy. If it gives the whole charge of the economy, to private ownership we get capitalist economy, to public ownership we get socialist economy and jointly to private and public ownership we get mixed economy.

Importance Of Economics

for more information on economics please visit:

economics and its scope

mba study notes

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Sunday, May 13, 2012

FREE Forex Robot - This One is Free and Makes Money

The free forex robot we are going to look at is free and makes money, yet most traders never consider it. Lets look at how and why it works but despite this most traders wont use it...

Automated Forex trading systems are big business online - but the vast majority don't make money. They simply promote paper track records which fail in real time trading and destroy the traders equity.

Forex

The one we are going to look at here has worked in real time and many of the top traders have used it in their forex trading strategies, to make big profits.

FREE Forex Robot - This One is Free and Makes Money

This is a simple system it only has one rule to follow. The system was devised in the seventies by one of the great traders Richard Donchian, who used it to trade commodities markets.

It doesn't just work on commodities it works on any trending market and currency markets are therefore ideal, as they offer excellent trends.

Let's take a look at the rule of the system which is called the 4 Week Rule.

Buy a new 4 week calendar high - stop and reverse the position, on a break of a new 4 week calendar low and then look to stop and reverse again on a new 4 week calendar high and continue to do this always keeping an open position in the currency.

That's it and while incredibly simple, it works for the following reasons.

It's based on breakout methodology

It's a fact that most big trends, start and continue from new market highs or lows, so this forex robot will make sure you are in on all the big trends and profits.

Long Term Trend Following

It's based on catching and holding the long term trends.

A look at any forex chart will reveal trends that continue for many months or years and this trading system will keep you in them without getting bumped out by short term volatility.

It's Totally Objective and Disciplined

You don't have to think or make subjective judgments; you get a clear cut signal which you simply execute in the market.

It's Time Efficient

It will take you around 15 - 30 minutes a day to operate and that's it, you can go and do something else.

Like any forex trading system it will have a weakness and this one will generate losses, when markets don't trend or are in periods of consolidation, so you can consider adding another exit rule:

Place a stop at a one or two week high or low and then go flat and wait for the next signal.

This can help combat a non trending market but whichever way you choose this free forex robot will make big long term gains.

Most traders don't even consider this system, even when they know it works!

Why?

Quite simply because they think it's too simple (even though all the top trading systems are), also it's not a system that goes for pinpoint market timing and many traders want to predict highs and lows, even though its obvious this is not possible.

Finally, it just isn't packaged nicely - you get no flashy box, or name that indicates it's vicious animal, or a load of garbage sales patter.

For some reason traders will buy forex robots that have never been traded but one that can make them money - they ignore it!

If you want to make money in forex trading, this free forex robot will help you and you should try it. The system doesn't cost you anything and has been used for over 20 years by numerous traders, to improve their forex profits and it can help you achieve forex trading success too.

FREE Forex Robot - This One is Free and Makes Money

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For free 2 x trading Pdf's and more on the best FREE Automated Forex Trading System and an exclusive risk free Currency trading Course visit our website.

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Friday, May 11, 2012

Top Ten Time Management Tips

Below are the time management suggestions I most often give to my speaking and training audiences. Whenever I deliver these, I implore people to Adopt, Adapt, Reject any or all of them. What I mean is:
Adopt. Give the suggestion a try; see if it works for you. Adapt. If the suggestion isn't working for you, but you like the idea, try to Adapt it to your way of working. Reject. If you can't Adopt or Adapt a suggestion, toss it out and go to the next one. We're just looking for one or two ideas to help you regain command of your day.

With that said, here are my Top 10 Time Management Tips:

Top 10

1. Create a Designated Work Space. Identify a defined physical space - like your entire desktop -that you clear of everything (I mean EVERYTHING) except the one thing you need to work on right now. Your DWS should look like a newborn conference room table. Itwill help you eliminate the effects of peripheral vision which can be very distracting when piles of other work and your computer monitor are within that scope of vision.

Top Ten Time Management Tips

2. Use Robust Subject Lines. Be very descriptive in the Subject line of each e-mail. This will assist the reader determine how important your e-mail is in relation to the others in his/her inbox, as well as assist their ability to find and file it quickly in the future.

3. Face Away From Traffic. Facing the door - what I call the Command Central office setup - has the disadvantage of allowing your 120 degrees of peripheral vision affect your focus. You look up every time someone walks by and, worst case scenario, you catch their eye and in they come! Though not Feng Shui compliant, facing away from the door eliminates this self-inflicted distraction from your day.

4. Conduct Regular Core Dumps. One of the leading causes of "noise" in our lives is the self-talk going on inside our heads. "Gotta remember that." "Oh yeah, can't forget that." These mental reminders cause our focus to ping pong around all day long. When you hear these ruminations going on, take a moment to jot the information down on a physical or digital sticky note. Quell the internal symphony by capturing all the to-dos in a recorded form so you can focus on the exigencies of the day.

5. Turn off new message alerts. I can't say it enough - turn new message alerts OFF! These self-inflicted interruptions are riddling your ability to focus and be productive. Just check your e-mail, texts and voice mails periodically throughout the day (even every 15 minutes if necessary) to remain responsive to those who need your attention.

6. Pick Today's One Thing. A great way to feel productive and in charge of your workload is to pick ONE thing each day that you WILL get done. At the very least, this one thing will move off our plate. (Note, for you over-achievers out there, I said ONE.)

7. Reduce Meeting Length by 25%. Work fills the time allotted. Thus, if we schedule meetings for 60 minutes, they'll take 60 minutes. However, if we schedule them for 45 minutes, they'll take 45 minutes. Shazam! We just found 15 minutes in the day to get other stuff done.

8. Take Short Breaks Throughout the Day. Contrary to popular believe, this "life thing" ain't a marathon. The brain just don't work that way. It's more like a series of sprints. Cater to your brain's preference for sprinting by taking short breaks throughout the day. Even a five minute walk around the building or a quick read of the daily newspaper allows your brain to take a much-needed breather before jumping in to the next big effort.

9. Schedule Only Four Hours of Work Each Day. We are all optimists. We tend to think everything takes less time than it actually does. As a result, we over-commit our time and end up begging for extensions from those to whom we owe work. Begging for extensions is a waste of time - what I call activity with no corresponding productivity. One solution to this conundrum is to only schedule yourself for four hours of work each day. This means that when you are giving others an idea of when you can get something done, base it on a four-hour workday instead of an eight-hour workday. That leaves four hours each day to deal with the inevitable emergencies that come up.

10. Do One Thing at a Time. Multi-tasking is an inefficient way to work. There is a growing body of science that supports this conclusion, but just trying having a conversation with someone who is checking their e-mail at the same time to confirm this proposition. Doing one thing at a time means you can be laser focused on that one thing. Laser focus deliversall your brain's resources on this one task resulting in increased efficiency and effectiveness.

There they are. Ten of my most recommended time management tips. Take them. Leave them. Pass them along. Most importantly, though, consider each of them to determine where there's a nugget of value in there for you. After all, it IS all about you!

Top Ten Time Management Tips

Paul works with clients who believe individual performance drives organizational success. As the creator of the QuietSpacing productivity method, he is a frequent speaker and recognized expert on getting things done. Paul works with individuals, groups and organizations to create more productive working environments. You can learn more about Paul's work and subscribe to his complimentary newsletter - Six Minutes to Success - at http://www.quietspacing.com.

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