Make sure you know where you intend on moving your money in advance!As you probably know, an individual retirement account requires that you decide where your money is going to be invested in order to work with the retirement account. Essentially this is called a "custodian" for your investments. You should generally chose a safe custodian - some of the most common ones are mutual funds, savings accounts, and bonds. While you should definitely...more
Knowing income statement real well is critical to your investing success. Income Statement is crucial in determining the fair value of a common stock. Why? Because I believe that the fair value of any investment is determined by the return it can generate for a given price. If a common stock is trading at $ 100 and it earns $ 4 annually, then it is yielding 4%. If a treasury bond is yielding 5% right now, who would want to buy a common stock...more
I first met Jeanna about 6 years ago when I attended a "CASH FLOW 101 Event" in the Bay Area (Northern California). She amazed me, facilitating "financial learning" for a room full of people who came to learn "How to Get Out of the Rat Race". You could feel the level of financial intelligence rising in the room! I enjoyed the interactive learning experience so much that I became a CASHFLOW Event Facilitator myself the following year... I hired Jeanna as my "personal & professional coach" shortly thereafter. She taught me more of the financial literacy concepts popularized by Robert Kiyosaki through the "Rich Dad" books. More importantly, she enlightened me to the specific changes I needed to make in my own thought patterns, which ultimately have the greatest positive impact on my financial life. What she reveals here is simple and true. See if you can "get it" and may your financial future forever be improved by what you learn from her. Jesse Niesen, COO STARTOVERTODAY.COMPS - BE SURE to get on the next Free Tele-Class! "Begin Again"By Jeanna Gabellini, The Extreme Abundance CoachI coach many people who have had dreams of living a lifestyle of comfort. They'd like a nice home, with...more
Making a claim for Mortgage Endowment Policy mis-selling in the UKDuring the 1980's and 90's a new concept of property mortgaging arrived in the UK. Endowment mortgages became extremely popular with homebuyers who wanted a secure but affordable method of repaying their mortgage debt. Most large financial organisations were happy to offer these...more
Everybody has a boss. Like it or not, Mr. Big in the corner office is the gatekeeper of our careers. Therefore, career success requires that we learn how to manage our boss relationships.The boss is the portal in the hierarchy through which we connect with the rest of the organization and its resources. He is the one who can pass us along for...more
Traditionally, homebuyers could look to two forms of mortgages - fixed rate and adjustable mortgages. While there are now many more options, this article takes a look at the adjustable rate mortgage.What is an ARM Loan?An adjustable rate mortgage ["ARM"] is a basic mortgage with one important exception. With an ARM, your interest rate will start low but typically move up throughout the link of the loan. The timing of the movements is dictated by the terms of the loan. The rate may be adjusted every month, but more typical periods are every six or twelve months. Most adjustable rate mortgages also have a cap on the amount the interest rate can be raised in a particular period. "ARM" Yourself?A homebuyer has to be very careful when selecting an adjustable rate mortgage. Buying a home necessarily involves budgeting out how much of a monthly mortgage rate you can afford to pay. With an ARM, you have to keep in mind that your monthly payment amount will go up if the interest rate does the same. While you may be able to afford the loan now, what happens if the rate jumps two percent over the next two years? In the current real estate market, potential rate increases are a troubling...more
Are high-profit real estate deals only for the wealthy? Is it possible to buy with no money down? Do you really have to know the "right" people? Let's answer by looking at some of the myths of real estate.1. The good real estate deals are reserved...more
Looking for the best credit card merchant account? Admittedly, there are a plethora of lenders to choose from when you browse the Internet for merchant account services. But what are you really looking for? Do you want an enhanced business image?...more
A committee appointed by President Bush has come up with an alarming recommendation. They want to limit the tax deduction for mortgage interest!ReformFollowing his re-election, President Bush set up an aggressive agenda in which he hoped to reform...more
Pothole Pictures: Normally this name wouldn't create a positive image for a movie theater. But in Shelburne Falls, Massachusetts, where glacial potholes in the Deerfield River running through the village are a cherished part of the landscape, the...more
Before offering tips to borrowers planning to take secured loans, it will be necessary to first define the need for a guide to secured loans, i.e. why a customer needs to be guided through secured loans. There are two reasons. Firstly, lenders lend...more
If you have decided to take the leap into home ownership or you are interested in refinancing your current mortgage, one of the first things you will need to do is track down a mortgage.I honestly can't tell you just how many mortgage companies there...more