The global economy runs on the supply of oil. You must have heard about the Peak Oil Theory. What this theory stipulated is that almost all the known reservoirs of oil have been discovered. No more new oil wells have been left to be discovered and exploited. What this means is the supply of oil in the world is finite and limited whereas it's demand is growing with each year. With the development of nations like China and India, this demand...more
Creating your own personal library can be an exciting endeavor. Having a personal library will allow you to find the books you want when you need them, loan books out to friends and family, and have great reading material around all the time.Before you can start a personal library you need to have books. It is likely that you already have a lot of your favorite books. To create your personal library you need to round up all of these books and...more
The stock market is one the most profitable investment venues, if and when you know how to play it to your advantage. There are many ways to do so, of which the following tips are just a few.Buy Low, Sell HighThis is the first edict of making a killing at the stock market, which cannot be overemphasized for both novice and expert traders alike. Basically, this means that you have to buy stocks at the lowest price, usually when the industry sector or market as a whole is down, and then sell the same stocks, when the company recovers from its slump.Of course, choosing the stocks with the best chances for recovery is an art in itself. For most investors, however, stocks in the consumer staples, alcohol, pharmaceutical and electric industries are stable sources of investments, no matter the state of the national economy.Entry and Exit PlanThe second edict of successful stock investors is to always formulate and follow your entry and exit plan. Basically, you set limits on how much you can profit from a trade and seize the opportunity when it comes up as well as how much you can afford to lose and cut your losses. For example, if your profit limit is a thousand dollars on a few shares...more
Since the real estate crisis began, the federal government has been trying to assist borrowers as much as possible. Different mortgage programs were created to help those in need, whether they were about to fall into foreclosure or they had lost a great deal of equity in their homes. Some banks, such as Citi, have gone so far as to create...more
The real estate industry is full of different types of mortgages, lending vehicles and so forth. For example, there are traditional mortgages and FHA loans. In a traditional mortgage, the buyer puts up 20 percent of the overall cost of the home and then takes out a loan for the other 80 percent. In an FHA (Federal Housing Administration) loan,...more
If you have decided to develop a rental investment portfolio you have more than likely already been looking at the real estate market to see what it offers. Purchasing a property for investment does require a different buying strategy than it does when you purchase a property for the family to live in.To cut a long story short, the beginning and end of it is that a property investment portfolio should make money for the property investor.There are a number of ways for a property investor to make money in the real estate market and this needs to be one of the first criteria addressed when looking to invest because each end result will need a different buying strategy at the outset.This is a list of the most common ways investors make money in the property housing market:1. Buy and rent the property out until capital gains can be made from the property 2. Buy and rent the property out with a positive cash flow from day one and also make money on capital gains 3. Buy, renovate and rent the house at a higher than expected rental return 4. Buy, renovate and sell at a profitPositive and Negative gearingInvestment properties that are rented have an income and they also have expenses. ...more
As of late, there has been a great increase in the number of homeowners who are dealing with foreclosure on their homes. Unfortunately, the majority of these homeowners are not aware of the specific foreclosure laws of the states in which they...more
For many people, $500 can either be small or a big amount of money depending on their perspective. No matter the perspective, however, you can make a million dollars out of your 500 bucks and get a big bang out of it. The trick is in making small...more
First off, it must be emphasized that becoming a successful investor takes time. Of course, the time required to become a successful at investing varies from one person to another depending on the educational background, the breadth of experience and...more
In my business credit practice I find that more and more clients are considering alternative capital and business credit options for their small business before using business credit cards for funding.Even though some argue the fact that business...more
Many Americans are worrying about their credit card debt, especially now that the economy is not producing jobs. The average US family has a $7 thousand dollar balance on their cards, and a $16,000 debt load if we do not count the home loan.In recent...more
Anybody who begins forex currency exchange trading hopes to make money. That is why we do it. But the unfortunate fact is that the majority of new traders and some experienced traders see their FX trading funds dwindle and vanish. Why? Because forex...more