Investing has turned into more and more important over the years, as the outlook has grown to be more and more uncertain if people depend exclusively on the revenue derived from their jobs.
People need to insure their futures, and so they know that if they're relying on their wages, and in some instances retirement plans, that they might be in for a unpleasant surprise when they no longer have the power to earn a stable income. Investing is the solution to the unknowns of the future.
You could have been saving cash in a low interest savings account through the years. Now, you want to see that cash develop at a faster pace. Perhaps you've inherited cash or realized some other type of windfall, and also you want a option to make that cash grow. Again, investing is the answer.
Investing is also a way of accomplishing the things that you really want, for example a new house, a school education for your kids, or luxurious ‘toys.’ Needless to say, your financial objectives will decide what type of investing you do.
To read the rest of this article please go to http://wealthmasteryacademy.com/yourwealthcreationpartner/?p=2164
Wealth Mastery Academy aims to provide sound wealth creation strategies by organizing seminars and workshops on the topic of wealth creation and financial freedom. Like our Facebook fan page to be updated on the latest news on our events.
Tuesday, July 30, 2013
Monday, July 29, 2013
When Disaster Strikes: Keeping Your Investment Safe
Once you’'ve finished searching for that real estate investment of a lifetime, you've gone to the open houses, you've gotten the financing, made an offer, sat at home worrying whether it will be approved, had the celebratory dinner as soon as it was after which having moved in, you're faced with the chore of protecting it. The amount of threats that your property faces may be staggering. It's not only termites and crude neighbors that are looking to sink your land worth, natural catastrophes are a part of owning land, too.
It doesn't seem to matter where you reside, there is a natural disaster with your name on it. You may encounter hurricanes, blizzards and even earthquakes. A quake is probably the most sinister of all natural catastrophes. Individuals in the remainder of the world can verify a hurricane and blizzard arriving days, in some cases even weeks away and adequately prepare their property for the coming storm. With quakes, there is no such thing as a warning (usually), there is no such thing as a report on the news that morning saying you're scheduled to get one. They simply happen. So, how can you safeguard your investment from experiencing a bad case of the shakes? Listed here are a number of tips.
To read the rest of this article please go to http://wealthmasteryacademy.com/yourwealthcreationpartner/?p=2162
Wealth Mastery Academy aims to provide sound wealth creation strategies by organizing seminars and workshops on the topic of wealth creation and financial freedom. Like our Facebook fan page to be updated on the latest news on our events.
It doesn't seem to matter where you reside, there is a natural disaster with your name on it. You may encounter hurricanes, blizzards and even earthquakes. A quake is probably the most sinister of all natural catastrophes. Individuals in the remainder of the world can verify a hurricane and blizzard arriving days, in some cases even weeks away and adequately prepare their property for the coming storm. With quakes, there is no such thing as a warning (usually), there is no such thing as a report on the news that morning saying you're scheduled to get one. They simply happen. So, how can you safeguard your investment from experiencing a bad case of the shakes? Listed here are a number of tips.
To read the rest of this article please go to http://wealthmasteryacademy.com/yourwealthcreationpartner/?p=2162
Wealth Mastery Academy aims to provide sound wealth creation strategies by organizing seminars and workshops on the topic of wealth creation and financial freedom. Like our Facebook fan page to be updated on the latest news on our events.
Friday, July 26, 2013
Why Flip Houses
There are various great questions to ask in terms of actual estate investing and one of the many that you must consider if you’re thinking of flipping homes in your actual estate investment is: why? Why flip homes? It definitely seems as though it is quite a lot of work and it is. It isn't an easy job to take upon your own shoulders and but many individuals around the globe buy homes every day for the aim of flipping these houses. Why? Profit is the lengthy and the quick answer nevertheless it goes much deeper than that for a lot of who are fascinated with flipping homes even if profit is the ultimate goal.
Some folks actually get pleasure from working with their hands. Buying a property in need of sunshine cosmetic repairs and retouches is an effective way to get your fingers soiled with out risking too much cash, time or effort. Properties needing more serious work could require a pair of fingers which have some degree of expertise fairly than fingers which might be best fitted to balancing books. That being mentioned if you wish to do the work yourself and benefit from the prospect you may find you could save quite a lot of cash if you use your own labor fairly than paying for the labor of others in terms of flipping a house.
Different folks go into this line of labor as a result of the idea of giving a family their dream house is so appealing. Once you go in and flip a house you are putting your sweat into creating another person’s dream. You take something that will have been plain, ugly, or drab and turning it into a ravishing residence by which they can build their dreams. While it might appear a little bit romantic, it is in a way. This is part of the beauty of flipping homes though; there actually is not any unsuitable cause to do it.
To read the rest of this article please go to http://wealthmasteryacademy.com/yourwealthcreationpartner/?p=2158
Wealth Mastery Academy aims to provide sound wealth creation strategies by organizing seminars and workshops on the topic of wealth creation and financial freedom. Like our Facebook fan page to be updated on the latest news on our events.
Some folks actually get pleasure from working with their hands. Buying a property in need of sunshine cosmetic repairs and retouches is an effective way to get your fingers soiled with out risking too much cash, time or effort. Properties needing more serious work could require a pair of fingers which have some degree of expertise fairly than fingers which might be best fitted to balancing books. That being mentioned if you wish to do the work yourself and benefit from the prospect you may find you could save quite a lot of cash if you use your own labor fairly than paying for the labor of others in terms of flipping a house.
Different folks go into this line of labor as a result of the idea of giving a family their dream house is so appealing. Once you go in and flip a house you are putting your sweat into creating another person’s dream. You take something that will have been plain, ugly, or drab and turning it into a ravishing residence by which they can build their dreams. While it might appear a little bit romantic, it is in a way. This is part of the beauty of flipping homes though; there actually is not any unsuitable cause to do it.
To read the rest of this article please go to http://wealthmasteryacademy.com/yourwealthcreationpartner/?p=2158
Wealth Mastery Academy aims to provide sound wealth creation strategies by organizing seminars and workshops on the topic of wealth creation and financial freedom. Like our Facebook fan page to be updated on the latest news on our events.
Thursday, July 25, 2013
15 Great Day Trading Tips
Reports of people making huge gains in stock markets have
been carried in newspapers around the world. This has attracted many first time
investors to the stock market. Day trading is one of the systems gaining in
popularity with investors. But day trading is fraught with risks. Though you
can make huge gains in day trading, you are also likely to lose huge money.
However, if you want to do day trading here are some tips to succeed:
Who is day trader?
A person who actively participates in stock market and buys
and sells many times a day to make quick profits is called a day trader.
What are the tips to succeed in day trading?
1. Study the basics of the system like the working of the
market, which way the stocks will move, the long and short calls, and the time
to buy and sell. You should also learn to take care of the profits while
reducing the losses.
2. Since mastering day trading is a time consuming process,
use the trading platform available on the trading websites before you actually
start.
3. Do not let the thought of making losses scare you. Use
methods like stop orders to reduce your losses.
4. If you suffer some loss, do not worry, as it is a part of
the process.
5. Once you have earned your expected profit, stop trading.
Do not hunger after more money and throw away your profit.
6. If the market does not meet your expectations on any
particular day, do not trade.
7. As your experience in day trading increases, you gain the
ability to foresee the direction in which the stock price moves. But do not go
for the topmost or the lowermost stocks.
8. If you find it difficult to decide in which way the
market is going, do not trade but just wait.
9. Maintain a record of the results of the day trading. It
allows you to learn the things which are effective, as well as ineffective.
10. Learn the buying and selling tactics of successful day
traders. They usually sell when there is good news and buy when there is bad
news.
11. Do not get emotionally involved in trading but stay
aloof and professional.
12. Rely on your instincts as depending excessively on the
analysis means skipping some good trading chances.
13. Learn and use top strategies to trade.
14. Concentrate only on select stocks. Focusing your
attention on multiple stocks will make it difficult for you to track the
movement of each stock.
15. Learn new trading strategies daily and use them to your
benefit.
Of course these are very general guidelines. Day trading
involves a lot of work as you need to keep abreast of the latest development in
the stock market and be ready to handle any outcome.
The key is to not be greedy and keep your head. Don’t trade
just because you feel like you have to and definitely don’t hold on to stocks
just because you feel that there is a last gasp opportunity to make a little
more profit. That could cost you.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Tuesday, July 23, 2013
Buy Property Now
Purchasing investment property has always been thought to be by far the most consistent and dependable investments that anybody can make. Has this point of view been different after the recession or does it still have substance? Due to the prevailing lower market, investing in property is probably the most worthwhile investments you can make. Attractive interest rates along with cheap home prices is definitely the appropriate investment decision. Both of these factors will make this opportunity available for investors in particular those who have just started out, but you should take into account several facts when investing.
First and foremost, you need to ensure that you have an understanding of the particular location that you wish to invest in. The simplest technique to learn is always to do research on the neighborhood. What you ought to check out is the facilities expansion that are occurring or about to occur in the neighborhood. Places with decent facilities will be more lucrative because decent conveniences draw in people who are aiming to rent or buy properties to live in the area. Check out whether the neighborhood has schools, safety measures, retail shops, public transport facilities nearby and most significantly the traffic condition in the neighborhood.
If you do invest in a property having the intent of leasing it out, neighborhood is the most important aspect. Real estate in areas where rental fees are high or highly inhabited locations are likely to be appropriate. Remember to seek out homes with a number of bedrooms and also bathrooms located in safe neighbourhoods. Thus, take into account possible selling points for the property you want to invest in. Of course you would want your investment to be as worthwhile as possible, so purchasing in a place where you can make a decent revenue in several years is definitely the ideal investment.
Of course you also have to be aware of the calibre of tenants that you may acquire in a place. If you are able to acquire good rentals, but you also have a high change of tenants or you are required to repeatedly deal with problematic tenants, most likely it will not be such a great investment after all. In view of this, most likely your best choice is to flip the real estate. Which means buying a property and selling it off as soon as possible for a great profit.
In summary, whatever you do, make sure you realize that investing in property is entirely different to purchasing a primary home. You have feelings to go along with the acquisition when buying your primary residence . Should you take those emotions into consideration in investing? That won't be recommended, certainly you should not rely exclusively on feelings. Rather, experts also recommend thinking about your investment via a business viewpoint. When you have an excellent feeling regarding a property but there are significant business concerns, would it be considered a good investment overall? You will not be able to get to a conclusion unless you think about it holistically.
When acquiring an investment property, by all means obtain something that you yourself would want to stay in, but make certain you can easily profit from it ultimately. That is, in the end, your main purpose.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
First and foremost, you need to ensure that you have an understanding of the particular location that you wish to invest in. The simplest technique to learn is always to do research on the neighborhood. What you ought to check out is the facilities expansion that are occurring or about to occur in the neighborhood. Places with decent facilities will be more lucrative because decent conveniences draw in people who are aiming to rent or buy properties to live in the area. Check out whether the neighborhood has schools, safety measures, retail shops, public transport facilities nearby and most significantly the traffic condition in the neighborhood.
If you do invest in a property having the intent of leasing it out, neighborhood is the most important aspect. Real estate in areas where rental fees are high or highly inhabited locations are likely to be appropriate. Remember to seek out homes with a number of bedrooms and also bathrooms located in safe neighbourhoods. Thus, take into account possible selling points for the property you want to invest in. Of course you would want your investment to be as worthwhile as possible, so purchasing in a place where you can make a decent revenue in several years is definitely the ideal investment.
Of course you also have to be aware of the calibre of tenants that you may acquire in a place. If you are able to acquire good rentals, but you also have a high change of tenants or you are required to repeatedly deal with problematic tenants, most likely it will not be such a great investment after all. In view of this, most likely your best choice is to flip the real estate. Which means buying a property and selling it off as soon as possible for a great profit.
In summary, whatever you do, make sure you realize that investing in property is entirely different to purchasing a primary home. You have feelings to go along with the acquisition when buying your primary residence . Should you take those emotions into consideration in investing? That won't be recommended, certainly you should not rely exclusively on feelings. Rather, experts also recommend thinking about your investment via a business viewpoint. When you have an excellent feeling regarding a property but there are significant business concerns, would it be considered a good investment overall? You will not be able to get to a conclusion unless you think about it holistically.
When acquiring an investment property, by all means obtain something that you yourself would want to stay in, but make certain you can easily profit from it ultimately. That is, in the end, your main purpose.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Friday, July 19, 2013
List Building 101: How To Retain Subscribers
As an internet marketer, you probably already realized the
importance of building a mailing list by now. If you haven’t then you’re
missing out on a piece of the puzzle that will make you a lot of money and help
you build a lasting business.
Let’s face it. Driving traffic is tedious and exhausting.
It’s a lot of work to keep your website consistently ranked on page #1 of
Google. Then when you get them to come to your site, what are your chances of
converting them, getting to do what you want to do or buy your product?
The hardest part is to get them to take out their credit
card and pay you. But if you give them something for free and in exchange, all
they have to do is hand over their contact details, that is easier to achieve,
isn’t it?
But then again, once you have captured their contact
details, what are you doing with it?
Building and retaining a mailing list of happy subscribers
is a fine art, one that every entrepreneur, whether they are offline or online,
should master.
To read the rest of this article, please go to http://www.intensiveonlinemarketing.com/seminars/?p=176
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Thursday, July 18, 2013
10 Tips For Property Investment Success
Even though real estate prices appear to have struck a temporary limit in most countries around the world, this does not necessarily mean revenue from property investments are difficult to find.
Even during a property market slowdown, stagnation or depression income can be generated locally and overseas. This short article will show you the best ten strategies that real estate investors use to their real estate portfolio building strategy to guarantee good results from their investments.
1) Research the curve - the very idea of a property market pattern existing is not myth it’s a fact and is usually accepted to be determined by a price-income association. Analyze the recent historical price data for properties in the area you’re thinking about buying in and see if you can figure out the general feel in the sector for price levels at the moment. Are prices going up, are prices decreasing or have they hit a maximum. You have to know the point where the curve of the property market pattern is in within your desired investment spot.
2) Go in front of the curve - as a primary principle, successful real estate investors seek to acquire in front of the curve. When a market is going up they will try to focus on expanding locations, locations that are near to locations that have peaked, locations close to locations witnessing redevelopment or investment. These locations will most probably become the next big thing and the investors who purchase prior to the trend will be in a position to generate the maximum gains. As a market is stalling or decreasing a lot of professional investors target locations that experienced the best levels of development, yields and earnings really early on in the previous cycle because these locations will probably be the earliest locations to turn profitable as the cycle starts to become positive all over again.
3) Understand your market - for whom are you buying property for? Are you investing to rent to young executives, investing for the purpose of remodelling in order to resell to a domestic market or investing merely for short term leasing to vationers? Take into consideration your market prior to making a purchase. Determine what they look for in a property and make sure that is exactly what you are going to be presenting them.
4) Look beyond your current location - you can find rising property markets around the world where countries’ economies are going from strength to strength, in which a maturing tourism field is pushing up demand or where constitutional legislation has been or even is about to be amended to provide for foreign freehold possession of property for instance. Look further than your current location for your next property investment and broaden that real estate portfolio for the greatest possible results.
5) Purchase price - set a budget intended to truthfully allow you to purchase what you’re trying to find and cash in on that purchase either through capital gains or rental income.
6) Entry costs - study rates, charges and other charges you will incur when you buy your property. Identify how much you'll have to incur and include this sum as part of your budget to prevent any nasty surprises and also to guarantee your investment can become worthwhile.
7) Capital growth potential - what aspects indicate the possible profitability of your real estate investment? If you’re investing to rent out are there any indications to tell you that demand for rental property will remain resilient, grow or even fall? Consider what you intend to achieve through your investment and then evaluate and figure out whether or not your expectations are reasonable.
8) Exit costs - if you are going to incur considerable capital gains taxation liability if you sell your property investment for revenue, will this leave the investment with no profits?
9) Profit margins - at what levels of capital increase are you able to realistically get on your property investment or how much rental income is it possible to create? Work out these data and then work in reverse towards your original budget to determine your probable profit margins. At all times you need to retain the bigger picture in mind to make certain your real estate investment has excellent profit potential.
10) Think long term - except if you happen to be buying property intending to flip it for reselling and profit before completion you must view real estate investment as being a lengthy investment. Property is a slow to liquidate acquisition, funds tied up in property will not be simple to free up. Have a long term approach to your property portfolio and allow your assets enough time to grow in value before selling them off for revenue.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Even during a property market slowdown, stagnation or depression income can be generated locally and overseas. This short article will show you the best ten strategies that real estate investors use to their real estate portfolio building strategy to guarantee good results from their investments.
1) Research the curve - the very idea of a property market pattern existing is not myth it’s a fact and is usually accepted to be determined by a price-income association. Analyze the recent historical price data for properties in the area you’re thinking about buying in and see if you can figure out the general feel in the sector for price levels at the moment. Are prices going up, are prices decreasing or have they hit a maximum. You have to know the point where the curve of the property market pattern is in within your desired investment spot.
2) Go in front of the curve - as a primary principle, successful real estate investors seek to acquire in front of the curve. When a market is going up they will try to focus on expanding locations, locations that are near to locations that have peaked, locations close to locations witnessing redevelopment or investment. These locations will most probably become the next big thing and the investors who purchase prior to the trend will be in a position to generate the maximum gains. As a market is stalling or decreasing a lot of professional investors target locations that experienced the best levels of development, yields and earnings really early on in the previous cycle because these locations will probably be the earliest locations to turn profitable as the cycle starts to become positive all over again.
3) Understand your market - for whom are you buying property for? Are you investing to rent to young executives, investing for the purpose of remodelling in order to resell to a domestic market or investing merely for short term leasing to vationers? Take into consideration your market prior to making a purchase. Determine what they look for in a property and make sure that is exactly what you are going to be presenting them.
4) Look beyond your current location - you can find rising property markets around the world where countries’ economies are going from strength to strength, in which a maturing tourism field is pushing up demand or where constitutional legislation has been or even is about to be amended to provide for foreign freehold possession of property for instance. Look further than your current location for your next property investment and broaden that real estate portfolio for the greatest possible results.
5) Purchase price - set a budget intended to truthfully allow you to purchase what you’re trying to find and cash in on that purchase either through capital gains or rental income.
6) Entry costs - study rates, charges and other charges you will incur when you buy your property. Identify how much you'll have to incur and include this sum as part of your budget to prevent any nasty surprises and also to guarantee your investment can become worthwhile.
7) Capital growth potential - what aspects indicate the possible profitability of your real estate investment? If you’re investing to rent out are there any indications to tell you that demand for rental property will remain resilient, grow or even fall? Consider what you intend to achieve through your investment and then evaluate and figure out whether or not your expectations are reasonable.
8) Exit costs - if you are going to incur considerable capital gains taxation liability if you sell your property investment for revenue, will this leave the investment with no profits?
9) Profit margins - at what levels of capital increase are you able to realistically get on your property investment or how much rental income is it possible to create? Work out these data and then work in reverse towards your original budget to determine your probable profit margins. At all times you need to retain the bigger picture in mind to make certain your real estate investment has excellent profit potential.
10) Think long term - except if you happen to be buying property intending to flip it for reselling and profit before completion you must view real estate investment as being a lengthy investment. Property is a slow to liquidate acquisition, funds tied up in property will not be simple to free up. Have a long term approach to your property portfolio and allow your assets enough time to grow in value before selling them off for revenue.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Wednesday, July 17, 2013
Stock Market Risk Management Techniques
Any time you invest in the stock market, you accept a certain amount of risk. While there is no way to get around that risk, it is possible to manage your risk by doing your homework before you begin trading.
One of the crucial details to remember regarding virtually any investment, is the fact that if your investment capital is borrowed, you take on far greater risk compared to the actual investment per se. It is never smart to borrow, whether from a financial institution or from your credit cards, to produce the funds you need for any type of investment. This increases your risk whereby, in case the investment does not go your way, you will still have to repay the sum you obtained, and perhaps even have to pay fines according to your financial position and capability to repay.
Ensure that before you start trading, you have prepared ahead of time and set aside the capital you need to invest. This will eliminate the third party, and make sure all the yields will go inside your pocket, instead of some bank's journal. Bear in mind, though, not only will you be needing the cash for your investment capital, but in addition for the most expensive aspect of the stock market - stockbrokers fees.
Whilst every broker could have a variety of prices, nearly all impose a set fee per trade. These fixed rates make it easier to see a return on your investment significantly sooner than you would with a varying fee. This also signifies that, when you are starting with a reasonably large investment of maybe $10,000, and the stockbrokers trading cost was a $100 fixed rate for each transaction, you will just have to see a one percent return to break even. Needless to say the opposite can also be true, where should you be starting with a lesser investment of merely $1000 or so, you will have to see at least a ten percent yield do the same.
Your level of return can also be determined by whether you are investing in a short term or long term system. In a short term system, you will have many more trading fees, as it relies on the purchase low, sell off high, execute now approach. With a long term system, however, you are going to incur much less trading fees because in a long term investment, you will be investing in the long term profitability of a business, as opposed to in an immediate merger or any other shift.
Managing your income prudently will assist you to manage your risk. But you will need to keep in mind that even if your monetary risk has been evaluated, there is always the market risk. Which is to say that there is usually the chance that when you make an investment on the stock market today, there is absolutely no assurance that the market will still be there in the future. You will find no guarantees in stock market trading, and there is no way to reduce your risks entirely. But with effective financial preparation, and a bit of sound judgment, stock investments will likely be a fantastic way to provide income for your future.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
One of the crucial details to remember regarding virtually any investment, is the fact that if your investment capital is borrowed, you take on far greater risk compared to the actual investment per se. It is never smart to borrow, whether from a financial institution or from your credit cards, to produce the funds you need for any type of investment. This increases your risk whereby, in case the investment does not go your way, you will still have to repay the sum you obtained, and perhaps even have to pay fines according to your financial position and capability to repay.
Ensure that before you start trading, you have prepared ahead of time and set aside the capital you need to invest. This will eliminate the third party, and make sure all the yields will go inside your pocket, instead of some bank's journal. Bear in mind, though, not only will you be needing the cash for your investment capital, but in addition for the most expensive aspect of the stock market - stockbrokers fees.
Whilst every broker could have a variety of prices, nearly all impose a set fee per trade. These fixed rates make it easier to see a return on your investment significantly sooner than you would with a varying fee. This also signifies that, when you are starting with a reasonably large investment of maybe $10,000, and the stockbrokers trading cost was a $100 fixed rate for each transaction, you will just have to see a one percent return to break even. Needless to say the opposite can also be true, where should you be starting with a lesser investment of merely $1000 or so, you will have to see at least a ten percent yield do the same.
Your level of return can also be determined by whether you are investing in a short term or long term system. In a short term system, you will have many more trading fees, as it relies on the purchase low, sell off high, execute now approach. With a long term system, however, you are going to incur much less trading fees because in a long term investment, you will be investing in the long term profitability of a business, as opposed to in an immediate merger or any other shift.
Managing your income prudently will assist you to manage your risk. But you will need to keep in mind that even if your monetary risk has been evaluated, there is always the market risk. Which is to say that there is usually the chance that when you make an investment on the stock market today, there is absolutely no assurance that the market will still be there in the future. You will find no guarantees in stock market trading, and there is no way to reduce your risks entirely. But with effective financial preparation, and a bit of sound judgment, stock investments will likely be a fantastic way to provide income for your future.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Tuesday, July 16, 2013
Gold Mine In Mobile Apps For Business
In this age of smartphones, every type of business, big and
small, will benefit from having a mobile app. An app will go a long way towards
branding the business and also help the business keep in touch with its
customers at a level that is more intimate than ever before.
The biggest reason why businesses will benefit from having a
mobile app is because a large percentage of consumers today do their research
on the internet first before actually proceeding to buy a product. And with the
increasing usage of smartphones for everyday conveniences, including surfing
the internet, it is strategic for businesses to have their app installed in as
many smartphones as possible. Consumers searching for their products on the
internet can then take the logical next step to go to their app to make and
order or contact them for more details. Besides, constant exposure to the
company’s name, logo and user experience through the app will keep the company’s
brand at the top of consumers’ minds.
This is why mobile app developers get paid handsomely for
their services. And the truth is, an app for a business doesn’t really need to
be a complicated affair. It can be a very simple app that introduces the
business’ products and services with the ability to send push notifications on
their latest promotions. Still, mobile app developers can charge a lot to get
the app created. They can also charge a recurring fee to maintain and update
the app from time to time.
Let’s take a look at the Asian Food Channel app. This is a
channel that a lot of people would be familiar with. What does the app include?
- Recipes of all the delicious food that have been demonstrated in that channel (of course)
- Videos of popular recipes being prepared
- Upcoming events
- TV guide for showtimes
- A tab that allows users to bookmark their favorite recipes
- A tab where users can set reminders for when their favorite show will be on
- A link directly to AFC’s YouTube channel
- Updates on when live cooking classes will be held in their studio in Singapore
- An e-Shop for AFC’s merchandise
So is an app like this really complicated to create?
Actually, it’s not. As you can see, it is mostly content
that doesn’t require much programming or technical knowledge. And there are
various platforms available on the internet that will allow even someone with
the most basic technical skills to create a working app in a very short time.
When you think about it, can a scaled down version of the
AFC app be made applicable to a local business, like perhaps a café, perhaps?
What type of features does an app for a café include?
Definitely a menu of all its offerings. Then perhaps the app
can also include a feature where people can make reservations directly from the
app rather than call a phone number listed there. Another helpful feature can
be social media, where people can check in to Facebook directly from the app.
To keep things interesting, what about a promotion feature?
This can be a page within the app that offers periodical promotions like free
drinks or discounts. Customer must show this page in order to be entitled to
the special promotion and they definitely need to download the app for this.
This will encourage downloads.
And not forgetting the push notification feature that will
allow the business to contact every person who downloads the app directly, much
like sending a text message, which have been proven to be more effective than
sending out email promotions.
The smartphone has certainly changed the way people do
things and for businesses to stay competitive, regardless of their size, they
definitely want to have an app.
If you would like to cash in on the opportunities available
in creating mobile apps for businesses, come to the MobAppNet BizStart
organized by Wealth Mastery Academy. You don’t need to be technically savvy or
have any programming background to become a successful mobile app developer.
Monday, July 15, 2013
Profiting From Foreclosure Properties
Foreclosure just like the name indicates usually means circumstances where a homeowner or a mortgager cannot make payments of principal and/or interest payments on the mortgage loan, hence the lender, be it a bank or financier, may confiscate and sell the property in accordance with the conditions within the terms of the mortgage loan agreement. A property which has been kept mortgaged becomes a foreclosed home once the owner of the property is unable to or unwilling to discharge his/her mortgaged home by paying his dues.
The first stage of a foreclosed home is pre-foreclosure that takes place when the home owner has skipped his/her one payment and is thus viewed as overdue on the mortgage loan. A formal warning letter or notice will then be sent to the homeowner dependant on which they must respond at the earliest and make the overdue payments. In such scenarios, usually foreclosure home owners are led to sell off their house or real estate property to home buyers for fast cash.
Quick and easy sale of house or real estate property to get cash is usually profitable for home sellers. Foreclosures can occasionally be advantageous for a seller who will maybe get compensated in full during the foreclosure sale or even get the property returned to be sold once again for a second profit. The majority of the property sellers will always be on the alert for a far better deal when trying to sell their property for easy money. The key advantage that the home sellers receive is that they can easily entice the large number of home buyers by taking on the greatest amount of financing plans.
Also for home buyers, the biggest advantage behind buying a foreclosed home or real estate is financial savings. Buying a foreclosed home at a foreclosure auction will likely be more affordable as compared with under typical circumstances. Purchasing the foreclosed or pre-foreclosed property by paying less enables the home buyers to do a certain amount of investments in its betterment and/or selling it at higher price tag than it costs. It is a general notion that on on most occassions a property buyer will save around 30% to 40% when buying a foreclosed real estate or home.
Along with benefits, there are also some drawbacks in buying a foreclosed home or property. For home buyers, the condition of the inside of the property normally remains to be undiscovered. Home buyers often tend to purchase the foreclosed home or property at quite a reduced market price to be able to afford to spend some amount in doing a bit of refurbishment or maintenance work.
There are several ways to buy foreclosed real estate. The most popular technique is by purchasing a real estate property or house after which giving it on rent to generate a positive monthly cash flow. The other common way to generate income is to look for foreclosures, acquiring them, repairing and renovating after which selling them at a higher price. The third technique is to buy a nice foreclosure that is under priced and sell it off promptly at a higher cost.
Over the years, it is highlighted that investing in foreclosed homes can be quite remunerative. Foreclosures increasing and people cannot retain their property any more. They are anxious to sell off their homes fast before they are in foreclosure. With an increasing number of homes showing up on the market, home buyers will have enough to choose from. Home buyers can pay fast cash for homes that are foreclosed or will be foreclosed; and thus helping the mortgager to ease out his/her anxiety.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
The first stage of a foreclosed home is pre-foreclosure that takes place when the home owner has skipped his/her one payment and is thus viewed as overdue on the mortgage loan. A formal warning letter or notice will then be sent to the homeowner dependant on which they must respond at the earliest and make the overdue payments. In such scenarios, usually foreclosure home owners are led to sell off their house or real estate property to home buyers for fast cash.
Quick and easy sale of house or real estate property to get cash is usually profitable for home sellers. Foreclosures can occasionally be advantageous for a seller who will maybe get compensated in full during the foreclosure sale or even get the property returned to be sold once again for a second profit. The majority of the property sellers will always be on the alert for a far better deal when trying to sell their property for easy money. The key advantage that the home sellers receive is that they can easily entice the large number of home buyers by taking on the greatest amount of financing plans.
Also for home buyers, the biggest advantage behind buying a foreclosed home or real estate is financial savings. Buying a foreclosed home at a foreclosure auction will likely be more affordable as compared with under typical circumstances. Purchasing the foreclosed or pre-foreclosed property by paying less enables the home buyers to do a certain amount of investments in its betterment and/or selling it at higher price tag than it costs. It is a general notion that on on most occassions a property buyer will save around 30% to 40% when buying a foreclosed real estate or home.
Along with benefits, there are also some drawbacks in buying a foreclosed home or property. For home buyers, the condition of the inside of the property normally remains to be undiscovered. Home buyers often tend to purchase the foreclosed home or property at quite a reduced market price to be able to afford to spend some amount in doing a bit of refurbishment or maintenance work.
There are several ways to buy foreclosed real estate. The most popular technique is by purchasing a real estate property or house after which giving it on rent to generate a positive monthly cash flow. The other common way to generate income is to look for foreclosures, acquiring them, repairing and renovating after which selling them at a higher price. The third technique is to buy a nice foreclosure that is under priced and sell it off promptly at a higher cost.
Over the years, it is highlighted that investing in foreclosed homes can be quite remunerative. Foreclosures increasing and people cannot retain their property any more. They are anxious to sell off their homes fast before they are in foreclosure. With an increasing number of homes showing up on the market, home buyers will have enough to choose from. Home buyers can pay fast cash for homes that are foreclosed or will be foreclosed; and thus helping the mortgager to ease out his/her anxiety.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Thursday, July 11, 2013
7 Things You Must Know Before You Invest
1. Identify your existing financial circumstances. Recognize your debts position. Estimate your earnings and expenditures by looking at the following:
Mortgage repayments
Own tax
Loans and overdrafts
Living expenses
Emergency finances
Automobile expenditures
Entertainment
Holidays
School fees
Credit card bills
Family commitments
Before investing your hard earned money on any kind of investment products, you should know how much money you could spare on a monthly basis for investment. Basic rule is that, you ought to pay off your debts first, and then save and invest later. In other words the greater amount of money you put aside now, the better it will be for your foreseeable future. Put aside 10% of your income for rainny days. 10% is really a small amount that you are not going to notice. Save it until such time you have managed to put together a "dam management fund".
2. Put together funds intended for dam management. This goes in accordance with point 1. It is advisable to maintain no less than 3 to 6 months of your salary as dam management. After you have managed to do that then any excess cash that you saved can be used to invest.
3. Protect yourself and your family first. You ought to have the essential life insurance plan that cover you and your family against terminal diseases and accident. This is of utmost importance because while you could lose all of your money through investment and in case you or your loved ones require medical assistance, it would be well handled.
4. Recognize your risk degree. If you are not big on taking risks, short term investment and swing investing is not going to be your cup of tea. It's better to invest in mutual or trusts funds that is certain to offer a stable payout and have less risk. If you are a high risk or maybe moderate risk taker, you can go invest in stocks, growth and hedge funds.
5. Mix up your investment choices. Experts will tell you of the importance to mix up your investment. Your investments need to have a mix of stocks, mutual funds and/or bonds. In addition, you ought to nvest in different sectors and/or different places. This will assist you to limit your risk because changes in the markets won't have a big effect on your investments. Your recommended combination will likely be 20-40% stock and the rest mutual funds and bonds.
6. Research your options before you invest. It is good to get professional assistance. But, the money is ultimately yours. So you should do some homework and make a solid plan on what to invest although your financial consultants could have already drawn up everything for you. This is to guarantee you know what you happen to be investing and able to manage them. In the event your investments experience loses it is possible to make a correct judgement whether dispose off or hold if you know your stuff perfectly.
7. Do an evaluation every year if not regularly. Your investment could already be raking in in revenue. But, it is good to know how well you fare at the end of the day. Reinvest the profits and enjoy for those who have good results. This will act as motivations for you and can make you more driven to accomplish your financial ambitions.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Mortgage repayments
Own tax
Loans and overdrafts
Living expenses
Emergency finances
Automobile expenditures
Entertainment
Holidays
School fees
Credit card bills
Family commitments
Before investing your hard earned money on any kind of investment products, you should know how much money you could spare on a monthly basis for investment. Basic rule is that, you ought to pay off your debts first, and then save and invest later. In other words the greater amount of money you put aside now, the better it will be for your foreseeable future. Put aside 10% of your income for rainny days. 10% is really a small amount that you are not going to notice. Save it until such time you have managed to put together a "dam management fund".
2. Put together funds intended for dam management. This goes in accordance with point 1. It is advisable to maintain no less than 3 to 6 months of your salary as dam management. After you have managed to do that then any excess cash that you saved can be used to invest.
3. Protect yourself and your family first. You ought to have the essential life insurance plan that cover you and your family against terminal diseases and accident. This is of utmost importance because while you could lose all of your money through investment and in case you or your loved ones require medical assistance, it would be well handled.
4. Recognize your risk degree. If you are not big on taking risks, short term investment and swing investing is not going to be your cup of tea. It's better to invest in mutual or trusts funds that is certain to offer a stable payout and have less risk. If you are a high risk or maybe moderate risk taker, you can go invest in stocks, growth and hedge funds.
5. Mix up your investment choices. Experts will tell you of the importance to mix up your investment. Your investments need to have a mix of stocks, mutual funds and/or bonds. In addition, you ought to nvest in different sectors and/or different places. This will assist you to limit your risk because changes in the markets won't have a big effect on your investments. Your recommended combination will likely be 20-40% stock and the rest mutual funds and bonds.
6. Research your options before you invest. It is good to get professional assistance. But, the money is ultimately yours. So you should do some homework and make a solid plan on what to invest although your financial consultants could have already drawn up everything for you. This is to guarantee you know what you happen to be investing and able to manage them. In the event your investments experience loses it is possible to make a correct judgement whether dispose off or hold if you know your stuff perfectly.
7. Do an evaluation every year if not regularly. Your investment could already be raking in in revenue. But, it is good to know how well you fare at the end of the day. Reinvest the profits and enjoy for those who have good results. This will act as motivations for you and can make you more driven to accomplish your financial ambitions.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Wednesday, July 10, 2013
Creating A Product From Scratch The Easy Way
Exactly how tough is it to produce a product to sell on the internet?
Not so difficult, especially if you are making an infoproduct. This can be nothing more than a PDF file that people download once they have made payment to you. If you want to create something more advanced, it is possible to develop video or audio training.
Again, they are not that difficult to produce plus they are sent on the internet. Meaning your customers download them once they have made payment.
Don't forget that your customers are paying you to get the information contained in the product, not the actual product itself. It is what they can uncover through the product. It's not so much similar to a vehicle or house in which your product must appear very attractive. What is important is what is inside your product, not necessarily what the product may resemble, although that is somewhat essential, nonetheless we’ll leave this for another conversation.
The first task to putting together the product is the market research. For the purposes of this article, we are going to presume that you would like to create an infoproduct.
You have to know what the market expects. To do this, you can be a part of forums or social groups focused on the topic in question. It might be a workout community or perhaps cooking club. Check out the websites of these communities and you will discover that there are various subjects which are currently being discussed at great length.
This will give you an indication of what the content of your product is about.
After that plan your product. Split your subject matter down to straightforward chapters. Add step by step directions if appropriate. Do this with the outcome in your mind. What do you expect your customers can achieve once they have been through your product?
And then go about expanding the particulars. Do you absolutely have to be an expert to get this done? Not necessarily. There is an abundance of resources available online and with a little diligent exploration, you should have adequate to produce a product.
The next thing to do is to select your method of delivery. Will your customers find it easy master everything that you are planning to teach them by reading through an eBook or will video tutorials be better? This will very well depend on the kind of material that you would like to provide. For instance, if your product is showing people how to fine tune their vehicle, perhaps an instructional video will be more relevant since people can watch exactly what you do as well as how you do it.
But you may be wondering what if you don’t really possess the knack for writing? Again, this can be quickly remedied by using freelancers or ghost writers to assist you develop your products. Freelancers can be found worldwide at very inexpensive fees. Simply give them the summary of your products and the details from your research and they should be able to produce your product for you.
Of course there is a lot more to product development than this simple overview but this short article ought to give you the general concept of how easy it is to create an innovative infoproduct to sell.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Not so difficult, especially if you are making an infoproduct. This can be nothing more than a PDF file that people download once they have made payment to you. If you want to create something more advanced, it is possible to develop video or audio training.
Again, they are not that difficult to produce plus they are sent on the internet. Meaning your customers download them once they have made payment.
Don't forget that your customers are paying you to get the information contained in the product, not the actual product itself. It is what they can uncover through the product. It's not so much similar to a vehicle or house in which your product must appear very attractive. What is important is what is inside your product, not necessarily what the product may resemble, although that is somewhat essential, nonetheless we’ll leave this for another conversation.
The first task to putting together the product is the market research. For the purposes of this article, we are going to presume that you would like to create an infoproduct.
You have to know what the market expects. To do this, you can be a part of forums or social groups focused on the topic in question. It might be a workout community or perhaps cooking club. Check out the websites of these communities and you will discover that there are various subjects which are currently being discussed at great length.
This will give you an indication of what the content of your product is about.
After that plan your product. Split your subject matter down to straightforward chapters. Add step by step directions if appropriate. Do this with the outcome in your mind. What do you expect your customers can achieve once they have been through your product?
And then go about expanding the particulars. Do you absolutely have to be an expert to get this done? Not necessarily. There is an abundance of resources available online and with a little diligent exploration, you should have adequate to produce a product.
The next thing to do is to select your method of delivery. Will your customers find it easy master everything that you are planning to teach them by reading through an eBook or will video tutorials be better? This will very well depend on the kind of material that you would like to provide. For instance, if your product is showing people how to fine tune their vehicle, perhaps an instructional video will be more relevant since people can watch exactly what you do as well as how you do it.
But you may be wondering what if you don’t really possess the knack for writing? Again, this can be quickly remedied by using freelancers or ghost writers to assist you develop your products. Freelancers can be found worldwide at very inexpensive fees. Simply give them the summary of your products and the details from your research and they should be able to produce your product for you.
Of course there is a lot more to product development than this simple overview but this short article ought to give you the general concept of how easy it is to create an innovative infoproduct to sell.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Tuesday, July 9, 2013
How To Start Property Investing
Investing in property is probably the most appealing means of making good income (that is if you do it effectively). Moreover, investing in property can also be a lot of fun. Many people practice real estate investing as their key occupation and, believe it or not, generate a lot of cash that way.
Investing in property is really an art and, like any any skill, it will take time to grasp the art of real estate investing. The main factor, obviously, would be to purchase for less money and sell at much higher amount and make a profit even after paying all of the costs pertaining to the two (buy/sell) transactions. Typically, people are of the opinion that investing in property is a good idea only when the rates are appreciating. However, real estate investing for profits can be done almost any time (and as mentioned before, investing in property is an art). Here is a list of methods that can make real estate investing profitable for you:
1) Try to find public auctions, divorce settlements and foreclosures (bank/FHA/VA): Considering that speedy settlement is the preferred outcome in this case (and not price), you might get a property at a price that may be far lower than the prevailing market price. You may then arrange to sell it at the market price over a comparitively short period of time. However, ensure that the property is worth the cost you are paying.
2) Seeking out old listings: The old listings that happen to be currently unsold may present you with excellent real estate investing potentials. Simply get your hands on an old newspaper and contact the sellers. They could have abandoned hope of selling that property at all and using a little bit of negotiation you can aquire the property at a real reduced price.
3) The hidden treasure: An extremely old (and dirty) looking house may scare off buyers. But it might be your chance for real estate investing that could yield great revenue. So, investigate these properties and see if spending a bit on them will make them to come alive. You can find these at really low prices and make a massive profit very quickly.
4) Team up with attorneys: There are a number of solicitors who handle property sales on behalf of sellers or in unique conditions (like the passing away of the property owner). They may sometimes be looking to sell off the property quickly and therefore at a dirt cheap price. Be the first in line to get hold of this kind of real estate investing opportunities and enjoy the profits.
5) Monitor the newspaper notifications: Real estate sales because of deaths, divorce settlements, quick cash needs and other factors are usually publicized in local press. Watch out for such real estate investing options.
There are lots of alternative methods to begin investing in real estate, nevertheless the above ought to be enough for you to get started. The simplest way is obviously to learn from someone who has already been through the process. This can help you reduce costly mistakes that can potentially set you back by a few years but it will definitely be a challenge for you to bounce back. We are lucky to be living in a period where there are so many options for us to learn the ropes, whether it is by joining seminars, workshops or reading books.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Investing in property is really an art and, like any any skill, it will take time to grasp the art of real estate investing. The main factor, obviously, would be to purchase for less money and sell at much higher amount and make a profit even after paying all of the costs pertaining to the two (buy/sell) transactions. Typically, people are of the opinion that investing in property is a good idea only when the rates are appreciating. However, real estate investing for profits can be done almost any time (and as mentioned before, investing in property is an art). Here is a list of methods that can make real estate investing profitable for you:
1) Try to find public auctions, divorce settlements and foreclosures (bank/FHA/VA): Considering that speedy settlement is the preferred outcome in this case (and not price), you might get a property at a price that may be far lower than the prevailing market price. You may then arrange to sell it at the market price over a comparitively short period of time. However, ensure that the property is worth the cost you are paying.
2) Seeking out old listings: The old listings that happen to be currently unsold may present you with excellent real estate investing potentials. Simply get your hands on an old newspaper and contact the sellers. They could have abandoned hope of selling that property at all and using a little bit of negotiation you can aquire the property at a real reduced price.
3) The hidden treasure: An extremely old (and dirty) looking house may scare off buyers. But it might be your chance for real estate investing that could yield great revenue. So, investigate these properties and see if spending a bit on them will make them to come alive. You can find these at really low prices and make a massive profit very quickly.
4) Team up with attorneys: There are a number of solicitors who handle property sales on behalf of sellers or in unique conditions (like the passing away of the property owner). They may sometimes be looking to sell off the property quickly and therefore at a dirt cheap price. Be the first in line to get hold of this kind of real estate investing opportunities and enjoy the profits.
5) Monitor the newspaper notifications: Real estate sales because of deaths, divorce settlements, quick cash needs and other factors are usually publicized in local press. Watch out for such real estate investing options.
There are lots of alternative methods to begin investing in real estate, nevertheless the above ought to be enough for you to get started. The simplest way is obviously to learn from someone who has already been through the process. This can help you reduce costly mistakes that can potentially set you back by a few years but it will definitely be a challenge for you to bounce back. We are lucky to be living in a period where there are so many options for us to learn the ropes, whether it is by joining seminars, workshops or reading books.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Friday, July 5, 2013
Copywriting 101: 5 Elements Of Successful Sales Letters
We see it all the time. Some of them may be short and to the
point while others are so long, it could take time to fully read them.
So what is a good salesletter?
Well, it really depends on what you are trying to sell. If
you’re selling at $5 product, you don’t need to write a long copy. But if you’re
selling at $300 product, then you better make sure you give your readers enough
information to justify your price tag. If this means your sales letter is going
to be 60 pages long then it has to be.
Here are a few pointers to create a good sales letter.
1) HEADLINE!
There is a reason why that heading is in all caps. It is the
most important part of your sales letter, the first thing that people see when
they land on your sales letter. And you better highlight the biggest benefit of
your product or service on your headline.
A lot of people make the mistake of putting the features of
their products or services into the headline. Bad mistake. Nobody wants to read
about the features. They want to know what your product or services can do for
them.
2) Make It Scalable
While at times you need to write a lot to put the point
across that they need to buy from you, it is a good idea to break up long
copies with a few sub headlines or pictures, if necessary. This will allow your
readers to scroll down to the parts that they are interested in. Bullet points
of your benefits will really help in this. Make it sharp, crisp and to the
point. Not everybody wants to read about how miserable your life was until you
discovered the product that you are selling.
3) Money Back Guarantee
Take all the risks from your customers. Most of the time,
this will be the first time they are doing business with you so you want to
take away as much of the risk from them as possible. A standard 30-day money
back guarantee is all good and fine, but if you can make it a 60-day money back
guarantee, you will definitely start to see your sales escalating.
4) Bonuses
A lot of time, people think having an awesome product is all
that is needed. How wrong they are. Include a free bonuses to your package,
even if it is less than $10. Bonuses help to sweeten the deal. It doesn’t take
a lot of work to create bonuses, especially if you are selling an infoproduct.
You can have a one page checklist, for instance. Think of other things that
will help enhance the user experience for your products. If you are selling a
service, think of what you can offer them if they sign up for your service. For
instance, if you are selling facial packages, can you throw in some sample size
products if they sign up?
5) The PS
Many people neglect this part of a sales letter. Great sales
letters sometimes come with multiple PSs. This is a great time for you to recap
your offer and the many benefits of using your product or services. It’s a
great place to remind them of bonuses, your money back guarantee or any benefit
that you want to emphasize on.
If you can have these then you will already have a good
sales letter.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Thursday, July 4, 2013
5 Advantages Of Long Term Trading
Holding a stock to take advantage of payouts from dividends is another way to increase the value of an investment. Some companies offer the ability to reinvest dividends with additional share purchases thereby increasing the overall value of your investment. Additionally, dividends are more a reflection of a company抯 overall business strategy and success than volatile price fluctuations based on market emotions.
3. Reduction Of The Impact Of Price Fluctuations
In the long term investment the persons is less affected by short term volatility. The market tends to address all factors that keep changing in the short term. So a person involved in long term investment or trading will not be affected as much by short term instability due to factors such as liquidity, fancy of a particular sector or stock which may make the price of a stock over or undervalued. In the long term, good stocks which may have been affected due to some other factors (in the short term) will give better than average returns.
Long-term investors, particularly those who invest in a diversified portfolio, can ride out down markets without dramatically affecting his or her ability to reach their goals.
4. Making Corrections
It is highly likely that you could achieve a constant return over a long period. The reality is that there will be times when your investments earn less and other times when you make a lot of money in short term. There may also be times when you lose money in short term but as you are in quality stocks and have long perspective of investment you will earn good returns over a period of time.
There are always times when some stocks do not perform and it is the wise choice to pull out of an investment. With a long term perspective based on quality stocks, it is easier to make decisions to change in a more timely manner without the urgency that accompanies short term and day trading strategies chasing volatile changes.
5. Less Time Spent Monitoring Stocks
Unlike day trading that can require constant monitoring of stocks throughout the day to capitalize on intraday volatility, long term trading can be carried out effectively using a weekly monitoring system. This approach is most often far less stressful than watching prices constantly on a daily basis.
Overall, investors that begin early and stay in the market have a much better chance of riding out the bad times and capitalizing on the periods when the market is rising.
3. Reduction Of The Impact Of Price Fluctuations
In the long term investment the persons is less affected by short term volatility. The market tends to address all factors that keep changing in the short term. So a person involved in long term investment or trading will not be affected as much by short term instability due to factors such as liquidity, fancy of a particular sector or stock which may make the price of a stock over or undervalued. In the long term, good stocks which may have been affected due to some other factors (in the short term) will give better than average returns.
Long-term investors, particularly those who invest in a diversified portfolio, can ride out down markets without dramatically affecting his or her ability to reach their goals.
4. Making Corrections
It is highly likely that you could achieve a constant return over a long period. The reality is that there will be times when your investments earn less and other times when you make a lot of money in short term. There may also be times when you lose money in short term but as you are in quality stocks and have long perspective of investment you will earn good returns over a period of time.
There are always times when some stocks do not perform and it is the wise choice to pull out of an investment. With a long term perspective based on quality stocks, it is easier to make decisions to change in a more timely manner without the urgency that accompanies short term and day trading strategies chasing volatile changes.
5. Less Time Spent Monitoring Stocks
Unlike day trading that can require constant monitoring of stocks throughout the day to capitalize on intraday volatility, long term trading can be carried out effectively using a weekly monitoring system. This approach is most often far less stressful than watching prices constantly on a daily basis.
Overall, investors that begin early and stay in the market have a much better chance of riding out the bad times and capitalizing on the periods when the market is rising.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Wednesday, July 3, 2013
Property Investment Strategies: Rent To Own Is The Win-Win Scenario
If you are a renter who is tired of paying someone else's mortgage and want to own your own home, there are many ways to buy real estate; one of them is Rent to own (RTO) option, a means of acquiring ownership over time without taking on debt. The renter agrees to lease the home for a pre-determined time usually from one to three years. There may be an up-front consideration fee. The seller allows the buyer to lock in a monthly price for the property till it is paid off. This is a way to settle on something that is right for you even if you are not in the position to make an immediate purchase. A lease purchase can make your rent money work for you instead of making your landlord rich.
Similar to a rent to own for a TV you can have a rent to own for a piece of real estate. In this case most sellers that are willing to do this (and there is not many) will want a non refundable deposit on the property, then you pay the landlord rent until you can purchase the property. This is similar to a lease option as well, except all you pay is rent. The deposit is much less than an option and you do not pay the taxes or the mortgage, since you are still a renter. The benefit of doing this is you get into your home with the intention of buying the house at a later date. A rent to own agreement, where the money goes directly to the payment of the home, could be saving you a lot of money in the long run.
This type of agreement works well with those who are new to the housing market or have made a job transition. It also is positive for anyone who needs to strengthen his/her credit or pay off an obligation to qualify for a home purchase. Another advantage to a rent to buy situation is that if you compare how much rent money is applied monthly to the home price, even if it is only 25-50%, it will still be much more money paid on the principal of the house than if you had taken out a loan for it. If you look at how much money goes to the principal payment of a home with a typical mortgage loan, you will find that most of your mortgage payment in the beginning is just paying interest on the loan. The best part about this is that with a rent to own home, you get to live in the home you want to buy while you work on fixing your credit up.
The biggest draw back to this is quite often the agreed upon price is a future price of the home. If you have a house that is valued at $350,000, a rent to own price would look closer to $370,000. That might seem like a rip off, but a lot cheaper than a rent to own with a TV where you would pay 2-3 times the price of the TV over a 5-year period.
This creative process of how to buy a rent to own house is becoming more and more popular because it creates a "Win - Win" scenario. The Buyer is able to get into a home with limited money and credit, and the Seller is able to get a fair price for their home and get it sold more quickly.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
Similar to a rent to own for a TV you can have a rent to own for a piece of real estate. In this case most sellers that are willing to do this (and there is not many) will want a non refundable deposit on the property, then you pay the landlord rent until you can purchase the property. This is similar to a lease option as well, except all you pay is rent. The deposit is much less than an option and you do not pay the taxes or the mortgage, since you are still a renter. The benefit of doing this is you get into your home with the intention of buying the house at a later date. A rent to own agreement, where the money goes directly to the payment of the home, could be saving you a lot of money in the long run.
This type of agreement works well with those who are new to the housing market or have made a job transition. It also is positive for anyone who needs to strengthen his/her credit or pay off an obligation to qualify for a home purchase. Another advantage to a rent to buy situation is that if you compare how much rent money is applied monthly to the home price, even if it is only 25-50%, it will still be much more money paid on the principal of the house than if you had taken out a loan for it. If you look at how much money goes to the principal payment of a home with a typical mortgage loan, you will find that most of your mortgage payment in the beginning is just paying interest on the loan. The best part about this is that with a rent to own home, you get to live in the home you want to buy while you work on fixing your credit up.
The biggest draw back to this is quite often the agreed upon price is a future price of the home. If you have a house that is valued at $350,000, a rent to own price would look closer to $370,000. That might seem like a rip off, but a lot cheaper than a rent to own with a TV where you would pay 2-3 times the price of the TV over a 5-year period.
This creative process of how to buy a rent to own house is becoming more and more popular because it creates a "Win - Win" scenario. The Buyer is able to get into a home with limited money and credit, and the Seller is able to get a fair price for their home and get it sold more quickly.
Wealth Mastery Academy aims to provide wealth creation strategies to the masses to achieve financial freedom. Like our Facebook page to get the latest updates on our upcoming events.
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