How many books have you read about successful traders? How they did this or that and made a fortune and are still doing it. You say to yourself, "I'm going to follow his method and get rich".So you subscribe to his newsletter (they all have one, $250) and buy his course on CD Rom ($495)and next time he is anywhere near you attend his seminar with a $500 discount for only $2495. You do understand you must do exactly as he does and you try your...more
Consultants, coaches, accountants, engineers, and other solopreneurs starting a service business, make common mistakes that cost them to be ineffective with their resources. In turn, these mistakes bring on a slow, frustrating success or even force them to remove their shingle because they run out of resources, normally money. You would think with all the training and knowledge now available that these individuals would be making fewer mistakes....more
Who would have ever guessed that there would be a home loan that would let you buy rental property with zero down? But it is a reality. Here are the three big things you must keep in mind when buying rental property with nothing down. You must have a credit score of at least 680. This score is the national average of credit scores. You must have 6 months of payments in reserves. In other words you need 6 months of principal, interest, taxes and insurance readily available. The reserves can be in the form of checking, savings, 401K, stocks, or bonds. The lender may not allow the rent to be included in your debt to income ratios if you have never owned rental property before. But they may also allow the rents to be included if you already have a signed lease agreement. Each lender is different so it's worth shopping around. Please keep in mind that if you buy rental property with zero down you may have negative rents. In other words you may be losing money every month because you can not charge enough to cover your monthly payment. You have to decide if you can live with this kind of alligator. To buy rental property with zero down you more than likely will need to do a full...more
When preparing for an interview, you need to know your skills, experiences and achievements, and how to answer interview questions.Your SkillsBecome an expert about yourself. Before you wrote your resume, you probably prepared a list of skills, experiences and achievements. If not, then it's a good idea to take some time and prepare one.This...more
A combination of lenient lending policies, low interest rates, and high house prices has created a situation where many people have overextended and unable to pay mortgage payments for high-priced homes they really couldn't afford. The Mortgage Bankers Association of America says that home foreclosures are at an all-time high, with some areas...more
The Value of Gold in a Era of Paper Assets, Stocks, Bonds and Mutual Funds...The facts behind the increasing demand for gold and silver, rare coins, and historic collectibles from the U.S. Mint...No other substance on Earth embodies the unique characteristics of gold. Its yellow lustre and beauty are unsurpassed. Since the earliest days of man, it has been admired, molded, shaped, and worn as a symbol of wealth and good taste.The romance and lure of gold is enhanced by its historic use as a storehouse of wealth. Gold's value is intrinsic. Its value is a measure of the true wealth and the stability of national currencies the world over. Throughout history, every paper currency has become totally worthless over time; yet gold remains.The precious metal gold cannot be created or destroyed or altered. It forever remains one of the most liquid investments with no geographic boundaries. Gold is bought, sold, traded, and stored in most parts of the free world with complete privacy. Likewise, U.S. gold coins enjoy many of these unique advantages.In a world where paper currencies come and go, where paper money can be depreciated 25% to 30% overnight, the price of gold cannot be manipulated...more
Time has proven that collectors tend to make the most money in rare coins because they search out "undervalued coins" and buy during market lulls. Buying in today's market climate offers you superb upside profit potential.PUT IN PERSPECTIVE –...more
Everywhere you look credit seems to be an essential part of our daily lives, it is used if we want to buy a house or rent an apartment, buy a new car, or even go shopping for large item merchandise. With credit being such an important factor in our...more
With all the talk lately about Mortgage Cycling versus Bi-Weekly Mortgages which one is really right for you? Choosing the correct one could literally save you thousands of dollars and shave off approximately 20 years on the life of your 30 year...more
Good sales people can close, but few "step up" for even more sales from that close. Yet stepping up should be one of the easiest accomplishments in sales that is if you know how to build the staircase. Do it by applying a leadership tool I have...more
H. Sam Hyams, a Toronto businessman and Orthodox Jew, is on his way to becoming a major player in the world oil markets with his company Strat Petroleum, Ltd. A well respected businessman in Canada, Hyams has a strong network of contacts in the U.S....more
Have you noticed how you feel when you're around positive people? You feel uplifted, refreshed and energised. You learn that life is what you make it and that you make your own 'luck'. Consequently the opposite is true when you're unfortunate to be...more