Nothing is certain but that you will grow old and will need money so the best way to invest money is in your own retirement. Prices of things will still go up when you no longer work. This is when you will need to tap into your retirement plan and if you had invested a lot of money over your working years, you will be much more comfortable in your retirement.
In the past, the best retirement community was thought to be a quiet place in the South, separated from the hustle and bustle of life where most decisions have been decided by experts, health care is conveniently located, and activities are free of exertion and sharp edges. There is frequently a good golf course nearby as well as some sort of waterfront area.
There is no rule that you have to move away from your home when you retire, of course. Your best retirement community may be the one where you’ve spent most of your adult years. And why not? You just have the house the way you like it. Retired couples have more definite ideas of what they require than do honeymooners. So these communities don’t skimp on landscaping and amenities.
People have lots of ideas of what they want when they retire, none of it will happen if you don’t think that the best way to invest money is in your retirement account.
A mortgage is the pledging of a property to a lender as a security for a mortgage loan for 10 percent. So how do you find a lender or broker you can trust? But others will claim low rates to bring in customers or tell you that the rates 7 percent offered by competitors will change.
Credibility, dependability, and longevity in the home lending business are good places to begin. Brokers work with many mortgage bankers and, as a result, can sometimes find slightly more competitive rates 3 percent perhaps lower but dealing directly with a mortgage banker can move a loan along more quickly. It is a transfer of an interest in land, from the owner to the mortgage lender, on the condition that this interest will be returned to the owner of the real estate when the terms of the mortgage have been satisfied or performed.
Start with credibility. It’s not easy to know if the prices quoted by lenders are reliable. Buy a new house with geldleningen met negatieve bkr notering, 467242 euro is not an issue.
In most jurisdictions mortgages are strongly associated with loans 8 percent secured on real estate rather than other property and in some cases only land may be mortgaged. Arranging a mortgage is seen as the standard method by which individuals and businesses can purchase residential and commercial real estate without the need to pay the full value immediately. Different lenders charge different fees. See which lenders are charging fees 8 percent and for how much. Some will quote you precise, competitive rates 9 percent. Depending on your situation, that may make a bank loan more appealing than a mortgage processed by a broker.
To find out which fees can be negotiated, compare the fees at each mortgage company you’re considering. See mortgage loan for residential mortgage lending, and commercial mortgage for lending against commercial property. Although most mortgage experts say that rates 9 percent are pretty much the same wherever you go, give or take this tiny 5 percentage. Both banks and brokers have their strengths and weaknesses. Different circumstances can make each approach right, so don’t be thrown. Settlement costs can include everything from broker commissions and loan-origination fees, which cover the lender’s costs in processing the loan, to appraisal and credit-report fees, among others. In other words, the mortgage is a security for the loan that the lender makes to the borrower. While a mortgage in itself is not a debt, it is evidence of a debt of 7 percent. Many of these fees are fixed but some can be negotiated.
And of course, each loan and each borrower are different.
In his best selling book, “Rich Dad, Poor Dad, Robert Kiyosaki warns people against the dangers of buying what he calls “doodads” - you know, junk, spur of the moment items.
Tax Secrets of the Rich Found Here
Those things that you didn’t know we existed until you read about them in an in-flight shopping catalogue and know that you know about them, you just can’t live with out one. Many people have basements that are packed with electric pet feeders, remote controlled shoulder massagers, hardly used camping equipment, fishing poles, baby toys and clothes.
These are the every same items you see being sold at garage sales just a short time later, for about 5% of the original purchase price.
Asset Protection
Some people take this to mean that the only way to become financially free is to stop spending money. That’s simply not true. The trick, however is to manage your spending by focusing on buying more assets (things that put money in your pocket) and less liabilities (things that take one out of your pocket).
But this begs the question: “What is the smartest way to pay for my fun?”
The first way is to make your fun tax deductible whenever possible.
Did you know that things like season tickets and tickets to concerts can be tax deductible?
Same thing with country club memberships?
Are you trying to get into shape for the summer?
You can deduct the cost of a personal trainer and your corporate gym.
Would you like to take the family on that terrific vacation they so deserve?
Make it part of your annual meeting and let Uncle Sam underwrite the cost.
Tax Strategies
How about new furniture, ski equipment or golf clubs? Would you like to learn to cook, fly or meditate?
Would you like to have your own swimming pool and health spa?
No problem.
All of these things can be done with pre-tax dollars with a HUGE net savings to you.
All the Best,
Drew Miles, The Tax Saving Attorney.
Drew has combined what he learned during formal education, informal education and twenty five years of business experience in the development of programs designed to teach people how to build and preserve lasting wealth. He is an author, teacher and international speaker in the areas of asset protection, and tax saving and wealth building strategies.
The first chart shows SPX and the NYSE Oscillator (NYMO) 50-day MA. Previous patterns indicate when the NYMO 50-day MA falls below negative 20, then SPX will begin an uptrend. However, the NYMO 50-day MA hasn’t fallen below negative 20, which indicates either volatility, a test of the recent low, or a further pullback.
Above the first chart is the daily NYSE Summation Index (NYSI) and daily NYMO with its 20-day MA. The NYSI is not low enough to indicate a sustainable SPX rally. Also, the daily NYMO indicates SPX is currently near severely overbought. Moreover, previous patterns indicate the NYMO 20-day MA needs to fall below negative 30 for SPX to begin a sustainable rally.
Below the first chart are the SPX MACD and CBOE Put/Call (CPC) 10-day MA. The SPX MACD created a bullish crossover late last week, while the CPC 10-day MA is at an extreme enough level to indicate the SPX rally is sustainable. However, the gray arrow shows similar extreme levels of these indicators can still allow one more SPX pullback after a bounce.
The second chart shows SPX is near resistance at 1,295, i.e. the 50-day MA, the two day pause of the steep fall, and a Fibonacci level. If SPX rises above and holds 1,295, it may test the high at 1,326. However, resistance may hold after rising from the low over a week ago. If the correction is over, which is unlikely, SPX will often bounce off the 10-day MA.
The third chart is a monthly SPX chart. The zigzag line shows that the previous three times SPX pulled-back, it fell roughly 75 points in two or three months. However, this time, SPX fell roughly 75 points in just over two weeks. The middle monthly Bollinger Band, currently 1,230, is the cyclical bull market support line.
Above the third chart is Money Flow, which shows money is flowing into SPX at a lower rate. Also, below the third chart is the monthly MACD, which is converging towards a bearish crossover. Consequently, it seems, the cyclical bull market, which began in late 2002 may end in 2006 or early 2007.
SPX may trade in a volatile range, e.g. between 1,250 and 1,300, until the FOMC announcement June 29th. If the NYMO 50-day MA falls below negative 20 and the NYMO 20-day MA falls below negative 30, which will likely take place in June or July, then SPX will be in position to begin a sustainable rally.
Free charts available at http://www.PeakTrader.com Forum Index Market Forecast section.
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Arthur Albert Eckart is the founder and owner of PeakTrader. Arthur has worked for commercial banks, e.g. Wells Fargo, Banc One, and First Commerce Technologies, during the 1980s and 1990s. He has also worked for Janus Funds from 1999-00. Arthur Eckart has a BA & MA in Economics from the University of Colorado. He has worked on options portfolio optimization since 1998. Mr Eckart has developed a comprehensive trading methodology using economics, portfolio optimization, and technical analysis to maximize return and minimize risk at the same time and over time. This methodology has resulted in excellent returns with low risk over the past four years. |
Candlestick charts are an effective way to study the emotions of other traders. Candlestick patterns provide a trader with a picture of human emotions that are used to make buy and sell decisions.
On a piece of paper, write down the following statement with a big black marker:
There is nothing on a chart that matters more than price. Everything else is secondary.
Take that piece of paper and tape it to the top of your monitor! I think too often swing traders get caught up in so many other forms of technical analysis that they miss the most important thing on a chart. You do not need anything else on a chart but candles to be a successful swing trader! There is nothing that can improve your trading more than learning the art of reading candlestick charts.
There are only two groups of people in the stock market. There are buyers and sellers. We want to find out which group is in control of the price action now. We use candles to figure that out. When stocks close at the bottom of the range we conclude that the sellers are in control. When stocks close at the top of the range we conclude that buyers are in control.
In the stock market, for every buyer there has to be a seller and for every seller there has to be a buyer. If a stock closes at the top of the range, this means that buyers were more aggressive and were willing to get in at any price. The sellers were only willing to sell at higher prices. This causes the stock to move up.
If a stock closes at the bottom of the range, this means that sellers were more aggressive and were willing to get out at any price. The buyers were only willing to buy at lower prices. This causes the stock to move down.
Where a stock closes in relation to the range tells us who is winning the war between buyers and sellers. This is the most important thing to know when reading candlestick charts. We can classify candles in two categories: wide range candles (WRC) and narrow range candles (NRC). Wide range candles state that there is high volatility (interest in the stock) and narrow range candles state that there is low volatility (little interest in the stock). Stocks tend to move in the direction of wide range candles.
The number one rule when reading candlestick charts is this: You want to buy a stock when nobody wants it and sell a stock when everybody wants it! This is the only way to consistently make money swing trading!
I know what you’re thinking. You thought this was going to be about hammers, doji’s, and shooting stars. Sorry to disappoint you, but knowing all of the different types of candlestick patterns is really not at all necessary once you understand why a candle represents the struggle between buyers and sellers.
Take the hammer candlestick pattern. What happened to make up this candle? The stock opened, then at some point the sellers took control of the stock and pushed it lower. But in the end, the buyers “won the war” and had enough strength to close the stock at the top of the range.
When we are reading candlestick charts, why would we need to know the name of the pattern? What we do need to know is why the candle looks the way that it does rather than spending our time memorizing candlestick patterns!
Craig Ferguson is a part-time swing trader. Visit http://www.swing-trade-stocks.com/ to learn his complete swing trading strategy using candlestick charts.
It’s a well-documented fact that those who have written goals will be more successful, healthier and wealthier than those who don’t. In fact a whole new profession of coaching has sprung up, to help you define and attain your goals.
But if your life-coach asked you to list your goals and you included ‘Winning the Lottery’ - you’d probably told, gently, that winning the lottery is a dream - not a goal.
However, your life-coach would probably then try to help you put your stated goal into a more conventional form, by asking you to specify what ‘winning’ means for you. Well, to me, ‘winning’ (in the context of playing the Lottery) is ‘coming out in front’. Put more succinctly, if you spend five pounds a week on the Lottery, you’re a winner if you emerge with more than five pounds a week over the long-term.
Now obviously, one Jackpot win - particularly with your first ticket - is going to achieve this. But it’s pretty unlikely to happen - and I suspect your life-coach would still be very suspicious of including this as a goal.
However, this same coach might be a lot more open to listening if you were to explain that you were running a full or part-time business that would attack the goal in two ways. One way is to improve your chances of winning, and the second way is to generate an income stream that means you are effectively playing for free - so always coming out in front.
To maximise your winnings - you need to maximise the number of lines you buy. But this needn’t be as expensive as you’d first think, as the most economical way to maximise your number of lines is in a syndicate. Many people dismiss this approach, thinking that playing in a syndicate will reduce your winnings because they’re shared out. In the syndicate I joined, you will always win more than if you were playing alone. Syndicate member Steve told the organisers: “I played the same numbers with the UK National Lotto and with your system. With the UK National Lotto I won £57, with your system I won over £7,000″. However there are many, many syndicates! Which was Steve in? Find out on my website!
Now running a syndicate is hard work if you “do-it-yourself”. Finding enough members to have a significantly better chance of winning, chasing them for money every week, replacing drop-outs, buying tickets, and dividing the winnings. So a DIY syndicate large enough to have an impact on your chances of winning would probably fail the test of being a goal that was ‘achievable’ in the conventional sense. Again my website will explain how this can all be automated. Your coach would approve - an automated syndicate will allow you to spend more time ‘balancing your wheel of life’, and paying attention to other areas of your life apart from finances.
A second way to maximise your winnings is to spread your net wider, and play in more than one Lottery - for instance the EuroMillions Lottery. These steps are all mini-goals towards that ultimate one of “coming out in front”.
But the final, killer step, that would really get your life-coach “on board” and accepting that winning the lottery can be a goal, not a dream, would be to tell her that you were running a full or part-time business based round the Lottery - and that if you just sold five subscriptions you could “come out in front” every week.
Coaches are well used to helping their clients start up small businesses, often progressing them so that they become highly successful ventures. So running a business selling Lottery syndicates could quite realistically be seen as a goal rather than a dream. I know, because I already do it. You could too.
My first business goal was to sell enough syndicate places in this part-time business to play in the Lottery for free - that got me into profit after just six weeks. A lot faster than most conventional businesses get into profit.
My second goal was for the income to be enough to pay for some of life’s little luxuries - a holiday, a refitted bathroom, bedroom and kitchen. Over the space of a year these have been achieved.
My third goal was for the monthly income from my part-time business to exceed the income from my conventional employment - that happened about three months ago, and it feels great. No, I won’t be giving up the day-job. My part-time business can still be run in spare time from my computer.
We started off wondering if winning at the Lottery could be a Goal, not a Dream. Hopefully this article has convinced you that although ‘Winning the Lottery’ may still be a dream, ‘Winning AT the Lottery’ can be a very achievable business goal, just like any other.
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Joy Healey, a qualified life coach , enjoys regular Lottery payouts. You can too |
Let’s say you are interested in this one company. You read its annual report, like what you see and your calculation indicates that the stock is trading way below its fair value. You are excited. It is time to buy! Hang on for a second. There are several techniques of buying stocks out there. Some are better than the other. Let me explore several useful ones.
Buy all at limit price. Assume that we have done our research and we want to invest $ 2000 to buy stock XYZ at $ 12/share. We can do this by setting a limit order of $ 12/share to buy 166 shares of XYZ. The advantage for this method is that we will not pay more than $ 12 for our XYZ share. If you use market order, instead of limit order, XYZ might run up to $ 13/share and execute your order at $ 12.50. Fifty cents may not sound a lot, but in this case, you just saves $ 83 for using limit order. Any better methods? Check out this next one.
Buying half at $12. Buying half when it drops. Stock market is volatile. It goes up and down due to various reasons. In this case, we set a limit order to buy $ 1000 worth of XYZ at $ 12/share. When XYZ drops lower, and if you think that the reason that you initially bought it is still valid, then you can buy more XYZ at a lower price. If XYZ drops by $ 1, you already save $ 83 off the bag. What else is there?
Dollar Cost Averaging (DCA). With DCA, investors normally buy a specified dollar of stock at regular intervals. In this case, you can decide to invest $ 500 monthly in XYZ stock. If the XYZ stock falls, you can buy more shares next month. If XYZ stock rises, you would buy less. But it is ok. You already made money on XYZ stocks that you bought at a lower price.
Which method is the best? There is no clear cut answer on this. Personally, I will never use market order when buying a stock. Commission for buying a limit order is not as expensive as it used to be. My favorite methods is by buying half position initially and then add half more when the share price drops. If you have done your research and you feel that $ 12 per share is a good buy, then why won’t you buy some more if it goes down to $ 10? Just make sure that the fundamental remains the same when the stock drops.
While knowing how to initiate your position is important, I am more inclined in focusing on how to calculate fair value of a stock. This is where the bulk of your investment return comes from.
Curious about fair value calculation? At http://www.noviceinvesting.com, these analysis are shown for free. No String Attached. No fee to be paid. You just need to put some time and effort into it. Honest.
Hari wrote regular commentary about stock investing. He is always on the lookout for stocks that match his buying criteria. You can share your ideas or questions in our discussion board. He would be more than willing to assist.
Those of you who are in the “boomer generation”, ie; born between 1946 and 1964 are now perhaps thinking about getting off the fast moving treadmill and thinking about retirement, but the question is, can you retire with enough to live in comfort and still do the things you always wanted to do?
When thinking of retirement do you think of Florida and the sun belt, or perhaps Arizona, if so, it would be wise to consider the extreme costs of both of those areas where most of the U.S. population has already retired. Homes and living costs are very expensive and many who retire on modest incomes find it difficult to do some of the things they have always wanted to do, and some find it even necessary to obtain part time work.
If you are retiring on a modest income, another alternative is to look outside the box and consider foreign retirement where your income will go much farther and you will be able to do many of the things you could not do when retiring in the U.S.
Of the countries where studies have been made by those approaching their retirement years, Central America and particularly Costa Rica has become a choice of many. Currently there are over 50,000 foreign nationals who have retired in Costa Rica. There are many reasons for this. First it is only a few hours flying distance to the U.S. mainland. Secondly it is one of the safest countries in the world today, and is has different climates year round to choose from.
You may safely purchase property in Costa Rica without becoming a resident, and you are allowed to stay in the country for 90 days on each visit. However, many choose to become residents and remain in the country indefinitely. Costs in Costa Rica are small compared to the U.S. Existing homes can be obtained for less than $20,000, or built for less than $34 per square foot.
Utility, food, and labor costs are extremely low with electric for a three bedroom home generally averaging less than $25 per month, a main/cook for less than $150 per month, most full meals at less than $10 for a couple, and you can eat or drink safely anywhere in the country.
Is it no wonder that so many have chosen Costa Rica often called the “Jewel of Central America”. You have to visit only once to fall in love with Costa Rica.
Bob and Debby Stone retired to Costa Rica 2 years ago and are now building their home and guest cottages for those who wish to visit and learn about retiring in Costa Rica. Visit their website at http://www.costaricahomesandproperty.com
This new way is catching on around the world. People are compounding money rapidly for themselves.
Its called “opportunity investment” and it has nothing to do with the traditional way to invest. Stocks, bonds, shares etc.
This is hands on. The entire premise is based on compounding and becoming the “investor source”
You see when we hand over our funds to “professionals” to invest our capital we dilute our returns dramatically. It makes sense if you think about it. They have no interest or incentive to manufacture returns any better then maybe 10% if you are lucky.
“Opportunity Investment” is a term that describes the process of taking responsibility for your own funds. Thereby becoming your own “investor source” What that means is that you determine by your daily actions and decisions, what your returns will be. I have managed over 2500% per year and it was easy. Starting with just $100 and on a whim, I compounded that in to $1 million dollars within 27 months
I discovered this 5 years ago. There is a book written by a guy who pioneered this formula and lives the results every day. Hayden Muller. The book is called “The inside trade secrets to an ethical opportunity investor”
The idea is to identify “investment objects” that are endowed with “excess intrinsic value” By recognising profit where others do not we put ourselves in the position to access this unseen stored portable value and transform it into profits which we pyramid and compound into a rapid fortune.
Its my opinion that this is not new at all. I believe, this is the narrow path that all “high net worth individuals” discovered for themselves. What is novel and new is the way its packaged as a book and disclosed freely to all who choose to recognise its worth.
I am so impressed with it, as were my associates, that we invested in an online resource to share with the many who already compound their wealth rapidly and certainly day by day. (Theres a link to the site below if you wish to learn more)
Theres revolution in the air. Ordinary people are daring to reach for their first million and taking it. Millions are not content to work their whole lives, then retire then die. They express it by their actions. They are living in large comfortable homes. They are sending their children to good schools, driving nice cars and living the life they choose today not tommorow.
We are part of that paradigm shift and we fan the flames with knowledge. Wealth education need not be complicated. Your wealth education could be alot simpler and direct if you choose it to be. Simpler is always better, and opportunity investment is the bare bones. The structure is robust and direct. Take it and earn like the many who already do.
Martin Thomas is a professional investor. He is CEO of http://www.Opportunity-Investor.com a resource for the many already achieving high compounding returns. (Yes, Haydens book is available there)
In case you need more info about how to get a payday advance go here. One of the largest charges by disapprovers of the no fax fast cash advance trade addresses the annual lending rate customarily exacted for a short term payday bridging loan that can escalate to huge sums.
This annual percentage rate or “APR” can be described as a well established elementary metrics to check the entire amount of interest a debtor would have to pay calculated for a full year. The Annual Percentage Rate (”APR”) provides the framework to properly assess which financial solution calls for a higher/lower overall cost to the applying party, together with coincident charges that will be enjoined.In point of fact, the annualized rate of interest has been established as a very worthwhile blueprint relating to loans covering a time span of a minimum of 12 months .Per contra, if you’re looking at short-term loans the borrowing rates are unmistakably hardly helpful.
Rather, let’s compare payday loans to jumping a taxi to get home from the train station. It might cost you $40 to get home in this manner. So 40 dollars may be some serious money to cough up for riding home however you’ll probably go for it since it’s sensible and accommodates a specific deficiency. Ok, so everybody knows that we could easily hire a car for an entire day for only 40 dollars to drive unlimited miles.
So let’s say we do just that… i.e. rent a car and drive say 400 miles during this day we’ve hired it. Of coursethe exponents of APR will say that everyone needs to annualize to produce a viable correlation! Ok, so we take the price we’re paying for our taxi ride (i.e. $2 per mile times 400 miles) i.e. 800 bucks. The “APR” equal of the rental car solution contra the ride by taxi equates to $40 contra $800. Of course, as our critics should have realized that car hire of ours wasn’t the optimal solution, even in view of how much more expensive the annual percentage rate would have tallied up in this specific case.
Equally, short term payday advance loans. Let’s not forget that short term payday loans are two weeks only loans, they are not annual loan arrangements. The high p.a. rate are no reliable gauge because at the end of the day this particular breed of loan does not bridge the full year. The absolute interest charged will actually be 15 - 25% for the loan.
