Body:
When I first came into contact with the keyboard, I was absolutely clueless about how I should start learning. I had a little bit of music training when I was younger, but I could barely remember what I was forced to learn in those lessons back then.
Just as I thought I have wasted yet more money buying a keyboard that I will never use, I decided to give it one last try to see if my love for music has died completely.
Just like most keyboard beginner, I began searching around for simple music sheets that I can play on. I went on the internet and downloaded some classical scores, but they were too complicated for a keyboard beginner like me.
I started to get a little bored until I decided to invest in a cheap home study keyboard course. The course came with work books to practice with and detailed videos lessons. The best part about it, however, was the game that came as an add-on bonus.
The objective of the game is actually to familiarize you with the sounds of the chords, so basically I had to listen, recognize and come up with the correct answers. This was something that I have never been exposed before and it got me highly involved.
In fact, my obsession with that game was almost bordering on insanity as I started to listen to the radio to try to figure out the chords used in the composition of the current pop tunes. As a result, I became extremely good a recognizing chords in a matter of days of buying the home study course and I was tremendously proud of my achievements.
With the ability to recognize notes through listening, I began to learn the basics of playing the keyboard in the hope that I will soon be able to play the melody from my favorite songs as I listen to them. While things did not go as easily as I thought, I learnt and enjoyed myself so much that I was able to finally play the keyboard entirely by ear within 6 months of purchasing the home study course, spending less than an hour a day.
In retrospect now, I am extremely thankful that I allowed myself the opportunity to learn to play the keyboard as it was actually an unintentional decision. After I learnt to play the keyboard, I find myself being able to use the music to take my mind off some of my worries. Never much of a believer for the new age healing methods, I will, however, gladly spread the gospel of musical healings as it has certainly changed my life, for the better.
Diversification of your investment money is important. You should never put all of your money into one company. Because you have no control over how that company does or how other investors react to the company´s news, it is best to hedge your dollars by spreading the risk around.
Diversify and Die?
Mutual Funds will give you built in diversification. Some of them invest in entire stock market indexes, others invest into a combination of stocks and bonds, and some invest into other company mutual funds (which are called Fund of Funds, yikes!).
Diversification of your investment money is important. You should never put all of your money into one company. Because you have no control over how that company does or how other investors react to the company´s news, it is best to hedge your dollars by spreading the risk around.
Yet it is possible to over-diversify. Because mutual funds have so much money to invest, they struggle with finding good companies to buy. To keep to the rules of diversifying the portfolio, they cannot invest usually more than 5% of their assets in one single company. This results in lots of dollars being invested into companies you would never consider.
Mutual Funds have to buy lots of mediocre or bad companies because they need to diversify and do something with the billions of dollars they have. It gives the fund shareholders the impression that their money is being invested and the fund managers gladly charge you a healthy management fee.
Mutual funds do have the advantage of providing liquidity. You can sell and have your cash within a couple of days. But the question is begged why are you pulling out? Investment money is money you should not need right away.
Professional management of millions of dollars does not come cheap for most mutual funds. You can expect to pay 2% up to 8% for some specialized funds. These means that if you make 5% return, you would have actually have earned 8% if the Management Fee is 3%. That means that the Mutual Fund has to earn 3% before they can even pay you.
Dollar Cost Averaging is not a benefit if you are getting poor returns. Believe me, I invested consistently for fifteen years directly into various mutual funds. I bought over $125,000 in mutual funds with the biggest dealer and ended up with an averaged return of a criminal 2.05% a year!
Bio:
My name is Bryan Smith and I have been playing the piano for over ten years to learn how play the piano visit http://lifesmusic.com.
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