Many Americans have over spent during the last 3 years. It has created a major credit problem for most. Here are some important indicators to help you see if you are on the verge of major debt problems:You have little or no savings - Very often, people fall into bankruptcy because they have some unexpected expense. If you have no savings built up, it means that any medical emergency, car accident or other unforeseen challenge will have to be...more
One of the things I've been working on for several years is cleaning up my money issues. That includes everything from thinking I have to work really hard to make a lot of money, to taking care of old debt, to having a plan for paying down new debt, to plugging even the slightest money leak.The truth for me is that I tend to not pay attention to my money as much as I should, so inevitably something happens where money MAKES me pay attention. It's...more
Professional Property Management vs. Mom and Pop ManagementOne of the things we're going to focus on is what is professional management versus mom and pop management. Now many of you may have a couple properties. Maybe you've read a book on property management, I don't know, but if you ultimately want to make a business and to grow wealth and to be a serious real estate investor, you need to become a professional property manager.That is you're better at it than most people. You're better at it than nine out of 10 investors. You take it seriously because you're investing a lot of your own money in these properties, a lot of your time and a lot of your energy, and you want to get the most you can out of it.That's where the money is, because if you don't manage it properly, the value of that asset declines rapidly. I guarantee you, if you've bought a property, put a bad tenant in there and they destroyed your property, you're looking at $5,000, $10,000, $15,000 of damage. Not that property management can totally eliminate that possibility, but certainly professional management versus mom and pop management makes a huge difference.Advantages of Property ManagementWe're going to go...more
The rise of automated trading systems in recent months is heavily reliant on the advances in the trading software along with the speed, dependability and accessibility of the internet. Imagine the idea of your average Joe sitting at home, or at a Starbucks with his laptop making a living from forex trading. Pretty unbelievable, right?The forex...more
Integrated Wealth Management:The New Direction for Portfolio Managers 2nd EditionNewly revised and updated, Jean Brunel's best-selling text on advising high-net-worth portfolio managers is now available. The guru of wealth management provides you with unique insight into how to make strategic, long-term decisions in the best interests of your...more
Today the economic world is reeling in a state of shell shock and un-surety. Global markets made up of every big hitter like the USA, Germany, Britain, Japan and even China on its path of world domination have all fallen victim to what's known as the 2008-2009 world economy crash. We can't but wonder where the path of quantitative easing will bring us and what the future cost will actually be.During the turmoil that came from the economic crash, for fear of losing their wealth, the majority of investors drove their funds into gold bullion if they could as a safe haven for their wealth; it appears they did the right thing. Panic stalked the news papers and gold bullion shone like it never shone before as the price per ounce reached over the $1,000 marks and into places never seen before. In recent months the gold price in all major currencies has driven back higher, toppling past values and potentially has room to grow much higher.You may be wondering how to get gold working the same way for you, increasing in value and protecting your wealth. The good news is that you're probably beginning to realize how great a security gold bullion investing really is compared to fiat currency...more
Not so long ago, our new daughter lead her new dad up a wide staircase to the place she had called home only days before: a dreary, sixth floor wing devoted to children with special needs. Our little girl toddled excitedly in the direction of her old...more
Although we live in this world, the Bible tells us in Romans 12:2 that we should not conform to the ways of the world. As Christians, we are held to different standards, higher standards.Are we useless?If our actions are not aligned with what God...more
Debt settlement program settle credit card debt and other unsecured debt for the customers and helps them to lead a debt free life. It has been seen that settlement companies not only negotiate the interest rate at which the debt has to be paid but...more
In the current financial situation of America the companies are looking forward to the bailout packages sanctioned by the American government. People have currently lost jobs and living off their savings. The next set of people who have jobs have...more
When facing bankruptcy, most people prefer to negotiate with creditors and reach a settlement of their debts. But this can have both positive and negative effects on your financial health. Although an attractive option, debt settlement has its own...more
Some financial experts say that the current recession in the economy is more serious and dangerous than the depression of the 1930s. A lot of individuals and businesses took large loans and risks believing that good times would last forever. Suddenly...more