You must always be prepared for all situations at all times and that is why retirement is so important. Many people neglect the idea that one day, their body will be old and lack the vitality to work. Even beyond that many people put their hope in social sercurity which is really not guaranteed since it was created on the idea that one day people are going to die before 65. Why before 65? well that is obvious, social sercurity was created in the early 1900's, where a lot Americans would be lucky to every hit the age of 65. Now the average life expectancy floats around the age of 85 and with that data I feel obligated to help people get as much money to be prepare for retirement.
Today I am going to talk about new strategy of semi investing that will help you prepare for retirement. The first requirement is you must have an house for this strategy to work. this concept exists because most Americans even at the age of 62 don't have their mortgage paid of. Like at one of the Wal-marts I go to it has this lady who works at Wal-Mart is paying $2,000 a month for her condominium. A way to end your mortgage payments is called a reverse mortgage. A reverse mortgage is something like a grant which is offered to 62 years old homeowners that reverses a mortgage or can put money additionally in their pocket on monthly basis. Best state for this would be probably be California since the houses their are pretty much a killer. Califoronia reverse mortgages would probably help a lot Americans avoid the sub prime lending crisis since California has such a big population. A company that provides ca reverse mortgage is Ameritek Morage Inc. This was one the first company I heard did reverse mortgages and the site has a free mortgage calculator and quote estimates. Oh , I forget their is one stipulation in a reverse mortage and that is you must live in the house you are using for the deal. To me it sounds like free money for senior citizens. Also the only requirements are ; you have to be 62 ,live in the house, and have some type of loan. So to everyone out there don't fret about retirement and house mortgages get a reverse mortgage.
My blog has usually been centered around long term investing but I know that trading is a way to make some of the quickest cash returns in the investment game. So I found this video On Youtube. It is an excellent video about trading Did you know you can borrow money against your car and still keep driving it? Apply today and have your cash within a matter of hours! Subscribe in a reader
Like Retirement is one of the most important times you need money in. Since you are enable to work because usually of physical and mental attributes. So at the moment you might have maxed out your 401lk and Ira every year ,but living your lavish lifestyle that wont be enough for you to retire with. So what are options ,you have none so I am going to give you one. An annuity is an great investment to fill that void since you have no other choices. You are probably like why should I get an annuity? For one thing it is tax deffered similar to your 401k or Ira. Meaning whatever you earn from the annuity's principle is tax free until you take it out.
Not only annuties ar tax deffered, annuities also offer you a form of leverage. Meaning you can buy an certain amount annuity for incremental payments. Example of this is you purchased a 20k annuity but you pay 1k a month . Also that 20k is growing at a nominal rate before all the 20k is collected. The nominal rate is matter of the type of annuity you get , which are fixed, variable, or equity index annuity.Each one of these annuities have a different percent of how much interest you can get returned on your annual investment.And I failed to mention all annuities are funds operated insurance companies.
First you have the an fixed annuity which is the safe investor's dream.Remeber one thing all annuities given by insurance company is invested in some form of assest group or fund. So the fixed annuity is basically a contracted interest rate the insurance company has to pay the investor no matter how much the company lose or gain on their investment. So if you like investing in bonds this is the way to go since you have no way of loosing money. The only clause I think is in a fixed annuity is interest rate temporarily and the insurance company could go bankrupt( but hey that is a risk with all investments)
Next up is the equity index annuity which means it is an stock market indicator. It cosines with index equities such as S&p 500 or Russel 5000. Which means if a segment or group of stocks are doing well,you are going to receive a good amount of interest back on your investment and when they are doing bad your interest deflates.
Variable Annuity is the savvy investors toy since with the variable annuity you have almost complete control of your investment.You can put whatever mutual fund or asset fund you want to put in your investment. The downside to this is if you don't know what you are doing you will lose big.
Other important benefits you can get from annuities are the following; It can be given to some one else such as spouse or child upon death,annuities sometimes payout as much as 10% of principle annually after it reaches a certain maturity level, and these investments can be transferred to other annuity based funs tax free.One thing you still have to watch out for is how much you are being charged by the insurance company.Also if you are interested in selling your annuity settlement quotes can help you out .Settlement Quotes is company that help you sell when your are ready.And Trust me Settlement Quotes could get you a lot back for your annuity.And I believe Settlement Quotes is the only company I am aware of that does this.So if you want a great new way to invest that also pays you passively and with a lot options you have too invest in a annutiy
If you have been watching the news and reading different business part of the paper you should be aware that the U.S. dollar is wasting away with America being 49 trillion dollars in debt. The stock market is plummeting ever making dollar much more weaker. So many people around United States have been looking for an alternative investment other than dollar and stocks.The Investor answer to this is buying gold. Gold has almost triple in value since 2003 being around $350 to the present price breaking $900 in value. So the dollar seems to be having an inverse effect on the price increasing the price of gold as it go down in value.
What this means to you as an investor? Well simply buying gold right know can be safer than putting money in the bank and regular USA stock since those investment are centered around the dollar. I would recommend don't buy gold from the local pawn shop and keep it in your house . You should probably buy gold online from a place that would keep your investment safe and secure. A good place online that is like this is Bullion Vault .Bullion Vault has locations in Switzerland (The country with swiss bank accounts),New York, and London, can you say international. So you should stay diversified and still have an etf but also I believe liquid cash such as money should be used to buy gold so you can be protected against inflation and make a pretty penny too.
One of the most powerful concepts I have ever heard was having financial freedom. I am not talking about being rich, I am talking about being financial freedom which means being in control of your time as well of your money. Being rich is not bad but a lot times rich people such as entertainers or avid business owners spend very little time doing the things that makes life worth living. Unless business is your passion, like the famous Warren Buffet who is well in his 80's and still Berkshire Hathaway as a successful as a younger person. You can be rich and financially free too, but some people have little concern too no concern about becoming a billionaire . The human psyche doesn't respond to money, it responds to the emotions centered around it. Like enjoying a trip with a family or being in 5 star hotel relaxing. So You are wondering how can I achieve financial freedom ? Well I am going to name 3 principle everyone needs to know before achieving it. I call these the 3p's of financial freedom ,which will lead you to do a nirvana of finacial independence.
The first p is Passion everyone who seeks financial freedom has to have a passion in something that can result in making money. Well let me be more exact , passion isn't just something you like to do it encompasses emotions ( primary good ones)that will allow you to do what you love to do. One of my friends defines passion as something you can do everyday without money being an issue.So that means if you are really passionate about something money doesn't come to mind but just follows you ( That is controlling money not letting money control you).
The Next p is Passive Income, this step is essential in building financial freedom. Passive Income is the ability to generate money without any effort being present. Passive income separates you from being another rich person who works all his life trying to obtain money , hates what he does and dies a meaningless life.Passive Income minus Expenses equals Financial freedom,this is the equation for Financial freedom. Notice how I didn't mention how much you earn but how much your money or people working earn for you.Time Ferriss who authored the 4-hr work week always talked about outsourcing your life because 20 percent of things you do account for as much as 80 percent of the results ( this is the 80/20 rule). Meaning most of the things you do aren't making you any money , you should pay somebody else to do those unproductive things and do more of the 20 percent that is making you money.T o get a better grasp of this principle go purchase 4hr work week. Here is a list of the best possible ways to generate passive income; Stock Dividends a home based business etf funds real estate purchasing a website from site point that already generates passive Income.
The final p is Persuasion which is the ability to get a desired response from someone.No this is not controlling somebody for purpose of something evil. You need persuasion since money doesn't move by itself but by people giving it to you. A good thing to learn is something call NLP which is Nero Linguistic programming not mind control ,but is the study of patterns that encourage certain responses from people. A good Patron of Nlp is Tony Robbins ,Tony Robbins became a millionaire at 19 years old and everything that he wanted in life he has obtained through these teachings, he also sets new goals. So to receive money you have to get people to give it to you if it be a loan or buying a helpful product from you.
In summary you need passion, passive income and persuasion to gain financial freedom. Let me recommend one more book it called Multiple streams of Income by Robert Allen this book will cover more ways of making passive income and shows you ways that the highly successful use to generate income.
"Always prepare for the unsuspected" that is something my mother always said , since you really can never predict the future of what is going to happen. Like I told you before retirement is one of the things you need to prepare for and another thing you would need is life insurance. Life insurance is one of the most valuable assets you can have as a middle or below middle class American. I had to learn this the hard way, I seen some many of my family died yet we didn't have enough money to bury them so a lot of the expenses came out of our pockets. This can be a hassle for anyone especially if the person who is paying doesn't have $5,000 dollars for a casket.
So what can life insurance do for you? Well that is simple it can be used as a supplemental income for someone who passed away in your household and if the person doesn't live with you it can be a nice lumpof cash to get to for a present for a close relative that has passed away. Shopping for life insurance can be hassle too sometimes. Instead of going all around looking for the best company on your own, a company called Advantage Quotes does it for you. Advantage quotes can save you up to 70% on insurance products which they compare the best companies out there for people like you and me. Also Advantage Quotes does all this for free and any questions you have to be answered you call 1-888-664-6694 and they will tell you what would be the best insurance right for you. So since I am not an expert in the insurance field, put yourself in the hands of a company like Advantage Quotes.
Since I first became an investor I have heard many people say that investing in the stock market can make you rich. This principle is true but this would take time unless you worked for Google or something else along those lines. The average return in the stock market is usually 9% annually. Which means if you didn't put a lot money in your investment don't expect a lot from your investment. The only people who can make loads of money on daily basis is traders , but to do that you have make a lot of transactions a day,sometimes trading a thousands times in one day. Also I see trading as a form of gambling since no one in the world can predict the future.
97% of the stock market is controlled by 3% of the investors. The reason for this offset percentage off so much is bieng controlled by a fraction of people, is the top people 3% is business owners who owned or possess most of the shares for a particular company.So the only ways to become rich in the stock market is to have your investment for a real long time or start a company you have majority of your shares in. Subscribe in a reader
I know you guys like me are tired of hearing that the United States might be headed toward a recession. The problem that presents itself here is that America is one of the biggest consumers as far as spending money on stuff in the world. That means if we go into a recession now it would have an domino affect on thousands of countries that solely depend on the United States for exportation. The only country I think would probably be safe is China ,since they are kind of self supported at the moment. The cause of this recession I think was inflation in the area of the real estate market since, everyone was getting into real estate to make fast returns.
If too many people are investing into one particular market it usually rise the prices since people sell by scarcity of products. The way you could prevent inflation is to drive the population to diversify their income or spending into different regions leaving a balanced market. Recession is just an imbalance in the a certain economy usually by over indulgence. So what I am I suggesting ? i am just suggesting you to do is not ride a trend but to diversify your income for an healthier economy.
Wow the price of gold per hits $876 Tuesday Jan 8,2008 mourning. The price has happen in the wake of the weakening dollar. Could this be a sign of recession you may be wondering. I would say no at the moment because I think this a trend made for stock traders. Since about October different types of metals have been sky rocketing in price. I know you guys heard of the guys who stole man covers just to melt them down and sell the precious metals. This inflationary cost of gold came about from numerous amount of investors pouring in 100 Billion dollars in the commodity funds for protection against th weaker dollar.
Also their have been a large number of gold etfs acquired in the last couple of months, also plays a significant role in the inflation of gold. My investment strategy is to invest in gold but make sure you are diversified in other commodities too. Since gold isn't the only commodity with unprecedented growth. I think energy and timber are very good commodities to invest in and they both presented long term growth.
Retirement is probably the least thought about thing for as finance in America.Pensions and Social Security are thought to be the only thing that the majority are concern with for as Retirement goes. Pretty much the vast majority of Americans think that the 21st Century is like the Industrial Age after World War 2. Since the industrial Age was home of the middle class family, that when a laborer put 20 or more years in a company usually retired with a pension that lasted their whole life. Here is a reality check the pension was set up because in 1940's the average life expectancy was 65 , guess what you were expected to die before you received that glorious pension. Also Social Security was built on the same premise of you being deceased before being eligible.
Well now we live in the 21st Century where a neo monotonic president by the name of George Bush has put are nation into 49 billion dollars of debt and the average life expectancy is around 85. This doesn't mean anything for people born before 1947 but Means everything for people born afterwards. The biggest portion of that group range is called the baby boomers, which are people born between the years 1947 and 1964. It said when the majority of baby boomers retire it is going to cost the nation 69 billion dollars a month which is equivalent to a war in Iraq happening every month. So how long will social sercurity or any pensions like equities hold up against these numbers.? Answer I give it a couple of years before the whole social sercurity thing go could put.
I believe that the United States would go under after this catastrophe unless taxes go up a whole lot. Meaning that the Baby boomers would cause an alleviation of a massive amount of liquidated assets from people who superseded their birth periods. That means in plain English that all Americans are going to have a lot less money then they previously did. My solution to this problem is to stop Social sercurity as a whole. Meaning all you loyal readers out their should plan another way of retiring such as dividend stocks,401k,Ira ,annuity or some sort of passive income investment. So one day you can say I have become asset to my nation not an debtor.
Like about a year ago when Window Vista hit the marketplace, the perception of it was that Vista would be the Ultimate Operating System. So shortly after coming out , people were familiar with Vista's poor interface and neglected backward interface. Linux a company that has an open source operating system geared to computer savvy individuals was once seen as a company that could topple the Microsoft Operating System Empire but sadly to say Linux is still far way from doing do so. Vista might be seen as a crappy piece of hardware but it stills bring in an massive amount of income to the Microsoft.
Microsoft in the last three months has risen its profits by 24.8% just by the revenue generated by Window Vista. Bill Gates seems to have every retailer brainwashed into buying Vista OS. Since Dell and Wal-Mart swear by Windows ,the market share to other Operating systems is almost meaningless .Even the new Leopard Osx is nowhere near Vista even though increasing Apples revenue by a little over 7%.So even though Microsoft had some sloping market periods, Vista has performed flawless as an marketable OS that produces enormous profits. So by hearing the performance records of Vista, I would think Microsoft would be a great addition to your portfolio since Vista has taken over the world or the computer.
I found this video on y0utube and it gives info on etfs and the now available commodity based etf. Commidty based etfs used to be only available to the savvy investor by now are available to any type of investor . Sometimes I think the commodity based etfs can return you higher yield than stock based etfs, on a long term investing basis since commodity always increase on annual basis.So watch this video and learn a little bit more about etfs.
I am always hearing employment levels are good in spite of the subprime lending crisis. According to Warren Buffet (the second riches man in the world ) is that America would not got through a recession as long as employment is high. I see a lot truth to that statement since the Dow open today stocks have climbed high right after employment rates were said to be good. Of course it makes sense ,if their are more jobs hopefully their should be more income being distributed through out the economy.This theory also has holes in it too.
Because sometimes an economy might have a bounty of jobs but the jobs could be paying relatively nothing. This effect would drive the GDP (gross domestic product )lower ,which I believe by dividing GDP by population and comparing it to other nations gives you your economic stability. I really think their shouldn't be a recession this year ,and i also think that real estate prices are going to pick up by mid 2008.
2008 is a new year filled with unlimited potential but what kind of potential? So to answer this question the crew from wallstrip went around asking a group of individual people what are their predictions for the 2008 stock market?
Hello another day in 2008 so what have you done so far. Nothing ! Okay well I understand that since it is the only the second day of the year. Well since 2007 I have always received numerous question on what are the best stocks to invest in and I gave a couple recommendations such as; Apple,Microsoft,Google, and Aol time warner since the company has acquired so many web companies such as Weblogs Inc and Myspace. Well if you are going to create a portfolio I believe you would need a little bit more diversification than that. I only named Tech stocks which are usually the Nasdaq way of investing.So here is the big secret make sure you don't tell everyone.
I am just playing make sure you share this idea with everyone you know. Well the secret is common sense in a lot ways so here it is invest in products that you use on a constant basis. See sounds simple because if you using a product everyday and think it is very helpful ,that means usually that their other people who think like you. I acquired this tip a while ago from an audio book called the buffetology by Warren Buffet. In this book Warren Buffet was teaching his grand children on how to pick good stocks. So he showed them products such as Coca Cola and Mc Donald's to invest in because they consume those products on a constant basis. Believe or not those kids probably had greater returns on investment than some Wall Street analysis.
So, all in all forget about some of those hot tips unless you are a trader or you have an adequate cash reserve. Invest for the long term by building it with products you actually use on a daily basis and make sure they are products that are in different product categories so your portfolio has some diversified value.
Happy 2008 everyone it is another year of new things to learn or things to accomplish. So here is my first post of the year I found this from scribd. This details the 1987 stock market crash and why everyone was in a panic. So read this e-book , so you might Know what to do or not do if another recession /stock market crash comes upon us. I hope you enjoy and you could download the e-book too so you do not have stay here and read all day.
I heard of stock trading robots for a long time but i had absolutely no interest in these things because I assumed these stock trading robots were just a scam that deliberately took people hard earned money. Yet,it still sounded interesting, So One day I kind of went to the site www.doublingstocks.com to see what the stock trading robot was all about. To my surprise, was the doubling stocks had a lot previous customers raving about how much money was made from the sock trading robot.The site also boasts a 105% increase in profit through trading stocks ,these are gains you cannot get from the conventional forms of a investments.You are wondering how is it possible to make these high returns, well it had solely to do with the robot investing in penny stocks which are stocks sold for less than a dollar , so on average you can purchase so many of these securities at the price of what you would pay for large corporation share. I am not saying this system is fool proof I am just saying it should work most of the time , all since it is still man made.
I am also an avid long term investor but I like set aside some fun investing money too. I would say if you are interested in this system I believe you should allocate no more than 10% of your nominal investing cash too it. This is a great investment that allows you to automate trading but remember nothing in this world is absolutely perfect. Here is a Video showing that the stock doubling robot actually makes money on investments in penny stocks.
Rising bulls and falling bears the Dow Index is starting to have the qualities of an animal zoo but with stocks. Reaching all time highs for the early part of this week too terribly descend an incredible 192.08 points at the end of 12/27. What drives these massive changes to the national indexes. My guess is about as good as yours which is speculation. Some say the sub prime lending crisis and other state the national debt of 48 trillion dollars which is more than all the other nations combined. All these are reasonable answers except for their negligence in one area people emotions are really the stirring wheel which no one knows which it is steering
The volatility of the stock market also had a few good qualities for stock traders that is. These continual shifts in our capitalistic economy usually doesn't present any problem for Long term investors. Because of their 5-10 year goals, which doesn't depend on today or tomorrow.Except traders are looking to make a quick an easy buck today.hid Probably can happen from the options side of things like buying puts and stop orders since you guys are here to make moneyconsider long term investing(I am not saying stay away from trading ,Iam not saying keep all your money inthese for of sercurites ,just about 80% .So all in all don't let the stock market volatility keep you from making good long term investments investments
Christmas is by far the busiest or shopper infested season of all other seasons which, usually means big bucks for retailers all around. This year expectations drop on the offline part and moved to the online segment. What do this mean for retailers ,This means basically traditional companies such as Wal-Mart and Target dropped in potential profits ,which were offset for gains to online retailers like Amazon. Amazon starting from December 10 till Christmas had increased their purchasing of products by 35%.Amazon hasn't revealed how much overall profits,but Jeff Bezos Amazon's Ceo suspects that 4th Quarter earnings will likely be an increase of 28%. That is a lot too look forward too but on the other hand Target and Wal-Mart lost out in about 1-2% of potential earnings. Also Target assumed its earnings would be well over 5% can you say Target has missed it's target.
Remembering the early dot com days when Jeff Bezos Amazon's ceo was worth in 1999 about 10.1 billion dollars. Because everyone had high expectations for online retailers. This time I think the driving force for e-commerence is the extremely high gas prices since oil almost hit 96 dollars. Wow, some of the contributing factors also can go to innovative companies such as Nintendo with a 26 release of the Nintendo Wii and ds ,and Apple which the iphone and ipod speak for themselves.So whats my prediction, Well expect online retailers to keep raking in the cold hard cash .Your portfolio to receive good returns should have proportion devoted to tech stocks since they ever changing
Hello readers ,well you know of the soaring or fluctuating prices in energy and I know you remember the post I posted about oil when it hit an astonishing $99 on the stock market.So many analyst were in dismay and felt that oil would go to over and beyond $100 and after all that oil bounced back under $95 hmmmm. So guys I am here to tell you oil may be scarce natural resource with a limited supply ,but it will be around for a little bit longer so get used to it. Yet ,I still believe you should have renewable energy sources such as Solar,Ethanol and wind in your portfolio. According to The new business world blog he said" according to congress renewable energy will account for 25% of the United States energy" meaning that your portfolio should feature and equal distribution of income in all areas of energy.
Even though I said oil will be around for around awhile the other energy sources are gaining ground at an phenomenal rate. True investors don't speculate about making money they just prepare for all instances.What I am trying to say is have a commodity part of your portfolio with different types of energy.
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