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The Wall Street Institute

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A lot of money was once paid for the following famous goal setting advice given to a rich businessman:



Each night make a list of 6 things you need to do tomorrow and list the 6 tasks in order of priority. When tomorrow arrives, start on the first task and complete it. Then move on to the second task. If you don't finish all your tasks add the unfinished ones to your list for the next day.

Goals could be listed for each day, each week, each month, each year and for life. You could even make lists for each project you are working on.

Recently, Minnie Driver, the singer was asked: "What drives you?" She gave a thoughtful reply:

? To live fully - to pursue every gift I've been given.

? To think what am I going to bring to this day as opposed to what I am going to get from it.

? I want to have kids and live by the sea and write records, have a great partnership with someone and maybe do some teaching.

Very few people could have come straight out with such a clear life mission statement. Minnie is going to make the most of her singing talent and give rather than get. She wants kids and wants to live by the seaside and so on.

Ask yourself what the main goals of your life are? Could you come up with a great list like Minnie Driver's if someone put you on the spot? Do you plan:

? To become all that you can become?

? To help others become all that they can become?

? To live an extraordinary life?

? To help humans, animals and even insects?

? To see the wonders of the world?

? To love your neighbour as yourself? etc. etc.

It is worth making a list and revising it regularly. You can always change your mission statement or list of life goals whenever you wish to. In the mean time life goals will give you a guiding light for much if not all of your life.

However, goals are soon forgotten unless you look at them and revise them regularly. Some people put their list of goals on post it notes and stick them on their computers. Some buy computer software that will parade their goals across their computer screen.

I put my goals on the wardrobe to my right where I can look at it all day. This reminds both my conscious and subconscious minds to focus on the goals. They are thus much more likely to be completed. They will also be finished with much less conscious effort.

Try sticking your goals list somewhere prominent where you have a bit of space. My walls are already covered with A4 sheets of things I need to remember so my wardrobe is the only space left.

One of my goals on the wardrobe list for today is to finish this article. I now have the satisfaction of crossing it off my list and moving on to my next goal which is to prepare for a class I am teaching this evening.

We all need to get a move on with our goals before our time runs out. Genghis Khan's life goal was to conquer the whole world. In the end he conquered a huge space twice the size of the Roman Empire but he died too soon to fulfil his life mission. At the age of 65 on his death bed he said:

"I have conquered for you a large empire but my life was too short to take the whole world. That I leave to you."

Even after death, the power of his goal lived on.

His sons doubled the size of his empire. They invaded Russia, Poland and Hungary but as the Mongol armies approached Vienna in 1242, Ogodei Khan, the son of Genghis died and all his armies went back to Mongolia for his funeral. They did not return to Europe.

A century later his empire began to crumble. However, genetic studies suggest that 1 in every 200 men on the planet today are genetically related to Genghis. Some goals will never die!

What do Minnie Driver and Genghis Khan have in common? They both set themselves clear life goals. The resemblance stops there. Minnie Driver's goals are much, much greater than the goals of the Universal Ruler - Genghis Khan.
The Wall Street Institute
Some people still believe that the stock market and Wall Street are one and the same. However, Wall Street in New York is just a single example of a stock market.

When you review the history of the stock market, Wall Street is quite significant. The concept of the stock market was actually born and developed on Wall Street.

In 1653, an establishment was formally built where Wall Street currently exists. The purpose of this establishment was for defense rather than commerce. Dutch settlers built a 12 foot stockade fence to keep out the British and Native Americans.

By 1685, this defensive establishment was torn down and replaced. The new street was named Wall Street by the British.

What About The Stock Exchange?

Two powerful stock exchanges emerged from Wall Street, which is why it is so famous. As a result of these historical developments, chaotic trading developed and turned into the hectic financial markets we all know today.

In 1790, the first United States stock exchange was founded in Philadelphia. A group of New York traders got together two years later to consider setting up a security business. This group of 24 men ultimately founded what is known as the New York Stock Exchange.

By 1817, New York merchants were upset by the poor state of their stock exchange. One member went to Philadelphia to check out their trading and discovered they were doing quite well in their exchange. The merchant came back to New York and shared how things were done in Philadelphia to improve operations. Within a short period of time, the New York Stock and Exchange Board was formally organized.

This exchange center was inaugurated on world famous World Street and the rest was history. Despite its difficult start, the New York Stock Exchange turned into the place where billions of dollars in stocks and bonds are bought and sold everyday.

The Wall Street success story did not occur overnight, much like any other major enterprise. During the early 1900s, the New York Stock Exchange was on the rise. However, this incredible financial boom could not be sustained because the stock market crashed in 1929. The world was absolutely shocked and the unexpected stock market crash was the cause of the Great Depression.

Slowly the economy recovered over time. Despite this fact, the mistakes of the Great Depression came back to haunt the exchange. The stock market crashed again in 1987. It was such a crippling crash that the Dow Jones actually suffered the biggest loss in a single day in the history of the stock market.

Over the past two decades, the stock market industry and the government have been trying to set up measures to prevent another major crash. Today the stock market is an essential part of the world economy. Thus, it is of the utmost importance to reduce or prevent another stock market crash to protect international economic interests.
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Both Leedavidhcz & Jack Benson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Leedavidhcz has sinced written about articles on various topics from Web Development, Self Improvement and Motivation and Web Development. Visit Eruptingmind for Submitted by:. Leedavidhcz's top article generates over 49500 views. to your Favourites.

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