Influence on gold price:The day price of gold is driven by supply and demand. Because most of the gold ever mined still exists and is potentially able to come on to the market for the rightprice, unlike most other commodities, the hoarding and disposal plays a much bigger role in affecting the price. At the end of 2006, it was estimated that all the gold ever mined totaled 158,000 tons. Given the huge quantity of stored gold, compared to the...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, the lender puts up 3.5 percent of the overall cost and takes out a loan for the rest.The recent...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 reside or they are under the impression that these laws were put into place for the lender's benefit and...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 investments at a time from your seed investment capital.Invest on a Compounding Certificate of...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 the personal characteristics. There are ways, however, to become more successful than your peers in a shorter amount of time. Bear in mind that these ways demand dedication and commitment from you, maybe more than you have previously poured into your other money-making endeavors.Get A Better EducationThis does not mean that you have to enroll in an Ivy League school, graduate with a doctoral degree in economics, banking and finance, business management and accounting. In fact, too much theoretical knowledge can actually harm you because you start assuming that the markets work according to fixed rules that you learnt. Instead, getting a better education means surrounding yourself with successful mentors who will teach you the ways of the investment world. You will be able to absorb valuable and practical advice that the so-called investment gurus or authors fail to mention.Besides, it pays to know what your mentors know even before...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
The loan modification process is particularly for Homeowners having difficulty making their loan repayments. Such homeowners will be able to go for a loan modification that will provide extended loan repayment terms up to 40 years on a reduced...more
For most people, the concept of letting their money work for them is an almost alien concept. After all, the popular thinking is that when you earn money, you spend it on your needs and wants. And if there is still some money left, you deposit it in...more
Certain events in your life can provide for trying times in which your financial resources might become compromised. Being out of work and with an injury can make you unable to provide for yourself or your family. There are so many different ways one...more