Thursday, June 30, 2011
Money Is In The Mind
Some of us make huge money. Some makes a real big amount. It is as if they have a magic formula. Look at the rich list. Most of them find their name repeated year after year. At the same time there are some who are born with great intelligence and manage to only earn their living. They never manage to make big money. Why? What is the secret that makes some people attract money?
What is Money attraction: Is their something like money attraction? We find some people with great charisma. They attract people towards them. Is their something similar with money? Do some people have magnetic pull over money? Yes. It is there. The people who attract money believe that - they deserve to earn big money. They also believe that there is enough money in the world. They are of the opinion that everybody should become rich. They know how to save money and spend it judiciously. They know that they have the intelligence to make huge money. They know how to make business plans that work and they have faith in their plans. You cannot easily change their mind.
On the other hand we a much larger population who believes that big money is for others. These people have some how come to a conclusion that big money is not in their fate. These people do not believe that they have the intelligence that is superior and they may lose money if they venture. Somehow this large majority believes in all the factors that drive money away.
Money is in thinking. Money is in confidence. Money is in self-belief and money is in mind. Believe it and you will earn it.
Wednesday, June 29, 2011
Saving Tax with Loans in India
"Saving Tax" on your income is always a spot of interest for each one of us and why not when there is a legal way?
Saving Tax is easier under Indian Income Tax Act if one opts for the home loan. There are two sections of Indian Income Tax which allow you to avail this benefit.
1) Indian Income Tax Act 1961, Section 24 (B)
2) Indian Income Tax Act 1961, Section 80 (C..)
If proper investments are made then you can get a total deduction of Rs. 2.5 lacs per year. Under section 24, one can save up to Rs. 1.5 Lacs and under section 80 save up to Rs. 1 Lacs.
The Section 24(b) of the Income Tax Act, 1961 is applicable on Home loan for purchase of house or construction of the house property. You can avail a deduction of up to Rs. 1,50,000 of you total tax liability, Also reconstruction or renewal or repairs is eligible for deductions under the said section.
The Section 80(c) of the Income Tax Act, 1961 allows you a deduction of up to Rs. 1,00,000 on the principal repayment amount.
Example Suppose your total taxable income is Rs. 6,00,000. Hence now your total taxable income becomes only (6 - 2.5 - 1 Lacs) and that saves a lot of money!
With property rates increasing at 300% an year, literally tripling your asset worth in an year, makes investment in property a nice avenue for "guaranteed profits" on investments. To make it even better you can save on taxes if you purchase a property for self -- through the loan mechanism.
Saving Tax is legal and has never been easier.
Tuesday, June 28, 2011
Money is Emotional
Pathfinder operates on 10 principles originating from books “Money Mastery” by Alan Williams and Peter Jeppson and “The Richest man of Babylon” by George Clason as well as information I’ve learned over the years.
Principle No. 1: money is emotional. When we make and spend money, it’s an emotional event. When we get a raise, we celebrate. When we get laid off, our routine and activities are often derailed because of it. Most of our spending patterns are emotional. For example, we don’t plan ahead of time to buy a car. Daily, we’re barraged with ads and commercials that tug at our emotions. Even if you deserve the new item and you’ve been working hard, you still bought the item emotionally.
The point: If we can acknowledge money is emotional, we can then plan and master its power over us. We’ll never change the fact that money is emotional, but we can change our spending behavior.
Student testimonials say tracking their spending helps them realize how much they actually spend. Tips from those who have curbed their spending are helpful:
>Paying with cash helps some people spend less (compared to paying with credit cards or by check)
>Shop with a plan or list and stick to it
> Get an accountability partner, someone who you can share what you purchased during the week.
>Instead of ordering two full meals when they go out to dinner with someone (taking home leftovers), split a meal and order an appetizer or dessert instead.
Monday, June 27, 2011
Where To Exchange The Iraqi Dinar In The Future?
"There are a lot of places where I can buy Iraqi dinars, but where can I sell them?"
I get this question in my mailbox on a daily basis. To explain this best to you let me first begin explaining why this opportunity even exists.
You can buy dinars everywhere because this is not a common currency yet. They are 'just' a pack of printed paper. That is the key to trade and sell them freely, by anyone.
If this was an accepted currency from the day it was printed this 'money loophole' would not even be known. The reason is simple: Governments do not allow currency exchange unless you are a registered corporation.
That is also the reason why this is a time limited opportunity!
Here is why: As soon as Iraq gets his act together, the World Bank is going to review Iraq's status and when they think it is stable enough it will be accepted. As soon as that happens you will be breaking the law trying to sell dinars!
"Now what has this got to do with selling my dinars?"
Everything! After acceptance by the world bank, all the banks in the world will follow and you can excahnge them there! Just as you would sell your euros or yens after a holiday.
Sunday, June 26, 2011
Protect Your Property with a Landlord Guide
If you own a piece of property that you would like to rent out it, is increasingly important that you know your rights as a landlord. Today, many landlords can get stuck with thousands of dollars of unpaid rent or lawyer’s fees, because they do not know how to write an ironclad contract or do not know their rights as a landlord. Here are some tips on getting the information that you need.
Being a landlord can be an extremely profitable business. There is a lot of money to be made by renting apartments or a home out to renters. However, this enterprise can quickly sour if your renters are unable to pay the rent each month or worse destroy your property. If you are either a landlord or are considering purchasing a property, it is important that you read up on how to be a landlord, and understand your rights. Landlord guides can help.
There are plenty of landlord guides, many found online in ebook form. You can easily understand how to rent your property using legal tools such as background checks, credit checks and criminal checks. These tools are just one way to protect yourself against renters that can possibly ruin your investment. You will also learn how to write a strong contract, understand your tenants legal rights and how to watch out for major pit falls. So if you are a landlord, look into a landlord guide to protect your investment.
More information on real estate can be found in http://www.home-00.info/real-estate/
Saturday, June 25, 2011
My Forex Stretegy will make you 20-40% Monthly!
You have found the right one! My Forex Strategy have prove to pay a return of 40-100% per month for more then two years now. I have decided to open up for new managed forex accounts.
Don't you feel safe about transferring all your savings to a stranger?
Most Forex program required you to transfer the money you want to have traded the their account. In this way you don't have much control over your money and you have to trust the Forex managers to pay you the profit. Most of the time you don't see your money again.
I don't ask you to send any money to me at all! My Forex Managed Program works different, You set up your own account with any MT4 broker and give me access to trade the account. By the end of the month you pay me the profit. Yes that's correct. You are the one with the control over the money. You never have to trust a Forex manager again for getting your profit. Since the money is in your account I can not take out any of the money!
What is your trading strategy and how does it work?
I use a combination of a break-out system and a intra-day trading system to getting the results. Part of the system is running on an EA (automated forex trading program) and part is manually trading. You can not buy the EA, and I never put it up for sale.
Friday, June 24, 2011
The Gross Domestic Product
The Gross Domestic Product (GDP) exprimes the gross added value of the final output, produced by the economic agents inside the borders of a country, no matter if they belong or not to that country.
In the two definitions above was mentioned the word final: final output, final goods etc. When we speak about this word, we reffer to the goods and services produced in the course of a certain period of time, and which are no longer used to produce any other goods.
In case they are used in an ulterior process of production we speak about intermediary consumption. If we add to the Gross Domestic Product the intermediary consumption, we get another indicator, the Gross Aggregate Proudct.It is important not to include the intermediary consumption into the GDP, in order to avoid the double registering, whose effects are the altered images of the macroeconomic results.
The final goods, included in the calculation of GDP, are meant to get directly into consumption, being sold to final consumers.
In the two definitions above was mentioned the word final: final output, final goods etc. When we speak about this word, we reffer to the goods and services produced in the course of a certain period of time, and which are no longer used to produce any other goods.
In case they are used in an ulterior process of production we speak about intermediary consumption. If we add to the Gross Domestic Product the intermediary consumption, we get another indicator, the Gross Aggregate Proudct.It is important not to include the intermediary consumption into the GDP, in order to avoid the double registering, whose effects are the altered images of the macroeconomic results.
The final goods, included in the calculation of GDP, are meant to get directly into consumption, being sold to final consumers.
Thursday, June 23, 2011
House Prices "Cooling not Falling"
Recent reports from the local government and communities show that the latest house price index for homes in the UK are actually "cooling down" and not "falling" as first thought.
This report does however show that there is still a large difference in price in London and the south east to the rest of the country. The report revealed that there has been a 0.03% increase between August and September this year, in August the average house price in the UK was £219,369 compared to £220,111 in September.
Annualised house price inflation was 10.8% in September, down from 11.3% in August.
Sadly its the first time buyers that are facing the biggest rise in inflation, 11.8% in September taking the average price paid by a first time buyer to £167,503 whilst current owners pay an average of £245,920 for a property.
This report does however show that there is still a large difference in price in London and the south east to the rest of the country. The report revealed that there has been a 0.03% increase between August and September this year, in August the average house price in the UK was £219,369 compared to £220,111 in September.
Annualised house price inflation was 10.8% in September, down from 11.3% in August.
Sadly its the first time buyers that are facing the biggest rise in inflation, 11.8% in September taking the average price paid by a first time buyer to £167,503 whilst current owners pay an average of £245,920 for a property.
Wednesday, June 22, 2011
Home Equity Benefits: Don't Be Caught Saying I Wish I Would Of
The accelerating prices of homes in many parts of the U.S. have created substantial equity positions for homeowners. The available equity sitting in the home is a lure for financial advisors (who would like you to invest through them). The homeowner now has gained a large potential financial asset that he wants to protect.
What should be done with this equity, if anything? Many financial strategist advise that you should maximize your mortgage to gain the tax advantages; and place the money tied up in equity into a safe, liquid, investment with good return and tax benefits. This is best achieved when you borrow on a tax-deductible, simple-interest basis and invest the loan proceeds in investments that compound in a tax-favored environment.
To find out more information about your home equity position, check out this hot site,
<http://www.Home-Equitysite.com> You will find all the information you need to make a great decision.
Personally, I become wary of advice that encourages an increase of personal debt, but if you own a house free and clear, or owe on a mortgage, the property appreciates the same. The amount of equity has nothing to do with the appreciation. The concept that you can get rich by tapping into your home equity and investing the equity funds, needs to be weighed out with caution.
"A mortgage is leverage by which you can purchase a $300,000 asset -- a house -- with only $30,000, Without this leverage, home ownership would be unattainable for many people. If you had $300,000, you could purchase the home free and clear, or you could purchase it with the same $30,000 leverage and put $270,000 into a secure investment and earn interest. Your home will appreciate by exactly the same amount in either case."
"Douglas R. Andrew uses an 8 percent, tax-free, safe, and liquid investment throughout his book to show how leveraging home equity can build wealth.” Another way to look at is, if your home is paid for, you've eliminated the greatest monthly obligation of your budget - you have freedom. Instead of making interest payments to a mortgage company, you can use that money to put the kids through private college. The equity in your home is a psychological and financial safety net that you don't put at risk with out doing significant research. Take a look at <http://www.Home-Equitysite.com> and gain some real knowledge on this animal called Home Equity. You will be glad you did.
Dave Hackbart
What should be done with this equity, if anything? Many financial strategist advise that you should maximize your mortgage to gain the tax advantages; and place the money tied up in equity into a safe, liquid, investment with good return and tax benefits. This is best achieved when you borrow on a tax-deductible, simple-interest basis and invest the loan proceeds in investments that compound in a tax-favored environment.
To find out more information about your home equity position, check out this hot site,
<http://www.Home-Equitysite.com> You will find all the information you need to make a great decision.
Personally, I become wary of advice that encourages an increase of personal debt, but if you own a house free and clear, or owe on a mortgage, the property appreciates the same. The amount of equity has nothing to do with the appreciation. The concept that you can get rich by tapping into your home equity and investing the equity funds, needs to be weighed out with caution.
"A mortgage is leverage by which you can purchase a $300,000 asset -- a house -- with only $30,000, Without this leverage, home ownership would be unattainable for many people. If you had $300,000, you could purchase the home free and clear, or you could purchase it with the same $30,000 leverage and put $270,000 into a secure investment and earn interest. Your home will appreciate by exactly the same amount in either case."
"Douglas R. Andrew uses an 8 percent, tax-free, safe, and liquid investment throughout his book to show how leveraging home equity can build wealth.” Another way to look at is, if your home is paid for, you've eliminated the greatest monthly obligation of your budget - you have freedom. Instead of making interest payments to a mortgage company, you can use that money to put the kids through private college. The equity in your home is a psychological and financial safety net that you don't put at risk with out doing significant research. Take a look at <http://www.Home-Equitysite.com> and gain some real knowledge on this animal called Home Equity. You will be glad you did.
Dave Hackbart
Tuesday, June 21, 2011
Home Buying Checklist - Paint and Stucco
Buying a home is a big investment. You should use a checklist when sizing up potential homes. In this article, we cover a home buying checklist for paint and stucco.
Paint and Stucco
The exterior of a home typically makes the biggest impression when you first view a potential buying opportunity. Many homebuyers, however, often make the mistake of looking at color schemes as the principal issue. In truth, a close review of the exterior of the prospective home can tell you a lot about the quality of the structure.
A person selling a home is not stupid. Before putting a home on the market, they are going to take steps to spiff it out to raise buyer interest and the rate you are willing to pay. There is nothing devious about such conduct. It is natural to want to put your best foot forward and a person selling a home isn’t going to act differently. This is why you want to take a close look at the exterior paint and stucco on a home.
1. The first thing to look for is peeling or flaking of paint on the exterior walls. If you see this in an obvious place on a wall, run for the hills because the house needs a total repaint. Typically, you are not going to find such obvious problems. Instead, you need to poke around behind bushes, up under roof overhangs and in nooks and crannies. If you find problems of this sort, it tends to mean the paint job on the home was not applied correctly. Once these problems start occurring, you can count on them getting worse over time.
2. The second thing to look for is stains around perforations in the paint. For instance, look for an area where bolts or nails penetrate a painted surface. If you see rust around the hole, you may be seeing an indication of poor maintenance. Even worse, you may be seeing an indication of a water drainage problem. Investigate such occurrences very carefully.
3. With stucco homes, you are typically going to find some cracking do to earth movement and temperature changes. As long as these areas are relatively small, you shouldn’t have problems patching them for a nominal price. The bigger problem, however, is if you find stains or soft spots on the bottom section of a stucco wall. This can mean there are problems with the drainage screen behind the stucco wall and water isn’t getting out. If water isn’t getting out, the stucco will continue to degrade and you may have a mold problem at some point. Both situations can be very expensive to fix.
When checking out perspective home buying opportunities, the exterior of the home should be looked at very closely. In this case, the merits of the home all come down to the details.
Paint and Stucco
The exterior of a home typically makes the biggest impression when you first view a potential buying opportunity. Many homebuyers, however, often make the mistake of looking at color schemes as the principal issue. In truth, a close review of the exterior of the prospective home can tell you a lot about the quality of the structure.
A person selling a home is not stupid. Before putting a home on the market, they are going to take steps to spiff it out to raise buyer interest and the rate you are willing to pay. There is nothing devious about such conduct. It is natural to want to put your best foot forward and a person selling a home isn’t going to act differently. This is why you want to take a close look at the exterior paint and stucco on a home.
1. The first thing to look for is peeling or flaking of paint on the exterior walls. If you see this in an obvious place on a wall, run for the hills because the house needs a total repaint. Typically, you are not going to find such obvious problems. Instead, you need to poke around behind bushes, up under roof overhangs and in nooks and crannies. If you find problems of this sort, it tends to mean the paint job on the home was not applied correctly. Once these problems start occurring, you can count on them getting worse over time.
2. The second thing to look for is stains around perforations in the paint. For instance, look for an area where bolts or nails penetrate a painted surface. If you see rust around the hole, you may be seeing an indication of poor maintenance. Even worse, you may be seeing an indication of a water drainage problem. Investigate such occurrences very carefully.
3. With stucco homes, you are typically going to find some cracking do to earth movement and temperature changes. As long as these areas are relatively small, you shouldn’t have problems patching them for a nominal price. The bigger problem, however, is if you find stains or soft spots on the bottom section of a stucco wall. This can mean there are problems with the drainage screen behind the stucco wall and water isn’t getting out. If water isn’t getting out, the stucco will continue to degrade and you may have a mold problem at some point. Both situations can be very expensive to fix.
When checking out perspective home buying opportunities, the exterior of the home should be looked at very closely. In this case, the merits of the home all come down to the details.
Monday, June 20, 2011
Home Business Financing – 3 Reasons to use a Credit Card to Fund Your Home Business
Would you like to start your own home business but do not have the money for it? Well, you are part of a club with many members. You may think getting money for a business can be a monumental task. However, it does not have to be. If you anticipate and plan for as many expenses as possible you may want to consider using a credit card to finance your home business.
One of the easiest ways to get a loan for your home business is to apply for a credit card account. It may not be the answer you are looking for. However, credit cards are easy to receive if you have decent credit. Plus they are very flexible in using for spending purposes. Consider these three reasons for using a credit card for your home business.
The most important reason about having a credit card for your business is you get to keep your cash assets. Even though there is a risk of acquiring debt, you still get to keep your cash in the bank for a rainy day. I find this a very valuable benefit because you keep your family’s money in tact and reserved for family needs. Your savings will continue for its original intentions (i.e. college money for kids, school clothes, etc.).
Another benefit is that Credit Cards have itemized statements of purchases. This is great for keeping track of money you spend on your business. The itemized statement provides proof that the Credit Card is being used for business expenses. Also, if you use the credit card for all of your purchases you can easily report expenses when tax season rolls around. Payments made that are shown on the statement is proof where your businesses money is going.
Finally, and this is my favorite reason, you have increased purchasing power with a credit card. You can use a major credit card to purchase items almost anywhere in the world. Having direct access to the funds is much more flexible than a loan. This also provides flexibility in time management because you can use the credit card to purchase items at your convenience if you have internet access.
The downside to this is that the credit card minimum payment will be an additional expense. Also, credit cards are a very easy way to acquire a lot debt for yourself if you are not careful. Always practice good and sensible spending practices. Once you start a home business it is very exciting time in your life and you may want to spend money on lots of things that you think you may need.
Always think of the basic needs of the business first. I tend to be very frugal with spending on a credit card then I do with cash. One way to curb spending by asking yourself, “Does my business really need this item right now?” Give yourself an honest answer and empower yourself to cut down on impulse buying.
Try to think out of the box when getting funding for your home business. A credit card to fund your business start up expenses may make things easier for you. Also, there are many offers for low interest credit cards for a specified time period. So, if you need a few thousand dollars in capital to start and sustain your business for a while then credit cards may be the answer to financing the start up costs your home business.
One of the easiest ways to get a loan for your home business is to apply for a credit card account. It may not be the answer you are looking for. However, credit cards are easy to receive if you have decent credit. Plus they are very flexible in using for spending purposes. Consider these three reasons for using a credit card for your home business.
The most important reason about having a credit card for your business is you get to keep your cash assets. Even though there is a risk of acquiring debt, you still get to keep your cash in the bank for a rainy day. I find this a very valuable benefit because you keep your family’s money in tact and reserved for family needs. Your savings will continue for its original intentions (i.e. college money for kids, school clothes, etc.).
Another benefit is that Credit Cards have itemized statements of purchases. This is great for keeping track of money you spend on your business. The itemized statement provides proof that the Credit Card is being used for business expenses. Also, if you use the credit card for all of your purchases you can easily report expenses when tax season rolls around. Payments made that are shown on the statement is proof where your businesses money is going.
Finally, and this is my favorite reason, you have increased purchasing power with a credit card. You can use a major credit card to purchase items almost anywhere in the world. Having direct access to the funds is much more flexible than a loan. This also provides flexibility in time management because you can use the credit card to purchase items at your convenience if you have internet access.
The downside to this is that the credit card minimum payment will be an additional expense. Also, credit cards are a very easy way to acquire a lot debt for yourself if you are not careful. Always practice good and sensible spending practices. Once you start a home business it is very exciting time in your life and you may want to spend money on lots of things that you think you may need.
Always think of the basic needs of the business first. I tend to be very frugal with spending on a credit card then I do with cash. One way to curb spending by asking yourself, “Does my business really need this item right now?” Give yourself an honest answer and empower yourself to cut down on impulse buying.
Try to think out of the box when getting funding for your home business. A credit card to fund your business start up expenses may make things easier for you. Also, there are many offers for low interest credit cards for a specified time period. So, if you need a few thousand dollars in capital to start and sustain your business for a while then credit cards may be the answer to financing the start up costs your home business.
Sunday, June 19, 2011
Holy Grail Of The Capital Markets
Introduction
Ever since I retired at the age of 28. I have been doing a lot of thinking into these “Tough Cases” of the investment world. What I present today hopes to unveil the most mysterious of them all, the Holy Grail of The Capital Markets and I will be giving you my argument as to why it truly exists and to help you find your personal Holy Grail of Trading and Investments by the time you finish reading this report.
So let’s go treasure hunting…
The Fabled HOLY GRAIL…
We have heard it a thousand times; investors and trader, young and old have sought it for hundreds of years and countless more are attempting to create it everyday. It is the fabled, urban legend of the investment world… the Holy Grail of the Capital Markets; A trading or investment system or strategy that will never fail.
Some believe in it, others don’t and many maintained that such a strategy or system doesn’t exist or simply impossible. Many have claimed to have perfected such a system but when tried by people other then themselves, it fell from Holy Grail to torn, leaking paper cup.
The Wrong Perception
There was once a warrior near the end of the dark ages whom heard of the power of a new weapon… a weapon that can kill from ten paces away and can penetrate almost any known amour at that time… a GUN. It was supposed to be an invincible weapon and he spent everything he had in order to acquire one of these weapons. Once he had that weapon, he wasted no time to duel the most powerful warrior known in that land. He fired many shots but missed and his life was taken under the blade of the veteran warrior.
Like the gun, we expect that the Holy Grail strategy to be invincible at all times. We imagine that we will never again lose money once we acquire that knowledge. We can’t be more wrong. The question really is, are we suitable for this invincible weapon?
The Truth Behind The Holy Grail
We all think of the Holy Grail as a strategy that can’t fail. However, we completely ignore the Human Factor! Study all the famous battles of any and all ages and we will see that many of the battles were lost not because of the strategy used but BECAUSE THEY ARE BADLY EXECUTED. Most of these strategies are good until screwed up by us… HUMAN!
You are right. We, human, make and break every Holy Grail that ever existed. We are the “Stand” or the Base of the “Cup”.
Yes, we COMPLETE the Holy Grail through the effectiveness of our execution. We are truly the stand that completes the strategy and therefore we must all make sure we are the right stand for the right cup!
I am sure this sounds like you as much as it was me some time ago… You purchased strategies that claimed to work wonders but no matter how hard you try, you bend some of its rules and end up hurt. That’s your prove that matching your psyche with the right strategy is so important. (Here is a free to download psychometric test to see what kind of trader you are and what kind of strategy you are suited for. Go now to http://www.mastersoequity.com/MOE_FREE_REPORT.htm )
You tried to stick to the rules, didn’t you? But what did you do when your portfolio starts going into the red and the rules says “STOP OUT NOW, AT THIS POINT!”? That is why we need to understand what kind of stand we are BEFORE trying to understand the cup and eventually the market!
What Cup to What Stand?
Now that you have found your stand, it is time now to find the right cup to complete your personal Holy Grail. Unfortunately, not all strategies are worth the title “Holy Grail”. Many of these strategies are fundamentally unsound or that they have not been molded in the flames of real life trading. Therefore, a worthy cup to complete your personal Holy Grail needs to be:
1) Tested and True in real life trading with proven track record
2) Fundamentally sound
3) Logically sound
4) Tested and developed in your market of interest!
That last point got some of you baffled didn’t it?
Yes, if you want to trade the US markets, your strategy needs to be developed and proven in the US markets and if you want to trade Asian equities, your strategy needs to be developed and proven in the Asian markets. Why is this so? Due to fundamental differences between the markets such as liquidity, investor sentiments and behavior, level of participation of institutional players and investor sophistication. Most strategies need to be optimized for the market it was developed for and therefore using it in other markets may result in a terrible loss due to different price behaviors that results in making your profit or loss taking point obsolete.
So why do I trade only the US markets? I trade the US markets due to the fact that it has the highest level of sophistication and its investors execute strategies which are little known in other markets. This makes sure that whatever you try to do in this market, It has the LIQUIDITY to ensure your profitability! It is akin to a huge departmental store whereas some other markets are small grocery stores at best.
And hey, we all know that there are more promotional and good value items in a department store than most grocery stores can afford to give, don’t we?
Convinced why the US markets are our best choice yet? … Good.
Where to Find YOUR Cup?
While there are a lot of good strategies out there, I wish to recommend that you go to www.mastersoequity.com/MOE_startradingsystem.htm (for aggressive traders) or www.mastersoequity.com/MOE_ridetheflow.htm (for long term traders). Both of these strategies are:
1) Tested and True with proven track records
2) Fundamentally sound
3) Logically sound and
4) Developed and tested in the US Markets!
CONGRATULATIONS, you have now in your possession, your personal Holy Grail of trading and investments!
Ever since I retired at the age of 28. I have been doing a lot of thinking into these “Tough Cases” of the investment world. What I present today hopes to unveil the most mysterious of them all, the Holy Grail of The Capital Markets and I will be giving you my argument as to why it truly exists and to help you find your personal Holy Grail of Trading and Investments by the time you finish reading this report.
So let’s go treasure hunting…
The Fabled HOLY GRAIL…
We have heard it a thousand times; investors and trader, young and old have sought it for hundreds of years and countless more are attempting to create it everyday. It is the fabled, urban legend of the investment world… the Holy Grail of the Capital Markets; A trading or investment system or strategy that will never fail.
Some believe in it, others don’t and many maintained that such a strategy or system doesn’t exist or simply impossible. Many have claimed to have perfected such a system but when tried by people other then themselves, it fell from Holy Grail to torn, leaking paper cup.
The Wrong Perception
There was once a warrior near the end of the dark ages whom heard of the power of a new weapon… a weapon that can kill from ten paces away and can penetrate almost any known amour at that time… a GUN. It was supposed to be an invincible weapon and he spent everything he had in order to acquire one of these weapons. Once he had that weapon, he wasted no time to duel the most powerful warrior known in that land. He fired many shots but missed and his life was taken under the blade of the veteran warrior.
Like the gun, we expect that the Holy Grail strategy to be invincible at all times. We imagine that we will never again lose money once we acquire that knowledge. We can’t be more wrong. The question really is, are we suitable for this invincible weapon?
The Truth Behind The Holy Grail
We all think of the Holy Grail as a strategy that can’t fail. However, we completely ignore the Human Factor! Study all the famous battles of any and all ages and we will see that many of the battles were lost not because of the strategy used but BECAUSE THEY ARE BADLY EXECUTED. Most of these strategies are good until screwed up by us… HUMAN!
You are right. We, human, make and break every Holy Grail that ever existed. We are the “Stand” or the Base of the “Cup”.
Yes, we COMPLETE the Holy Grail through the effectiveness of our execution. We are truly the stand that completes the strategy and therefore we must all make sure we are the right stand for the right cup!
I am sure this sounds like you as much as it was me some time ago… You purchased strategies that claimed to work wonders but no matter how hard you try, you bend some of its rules and end up hurt. That’s your prove that matching your psyche with the right strategy is so important. (Here is a free to download psychometric test to see what kind of trader you are and what kind of strategy you are suited for. Go now to http://www.mastersoequity.com/MOE_FREE_REPORT.htm )
You tried to stick to the rules, didn’t you? But what did you do when your portfolio starts going into the red and the rules says “STOP OUT NOW, AT THIS POINT!”? That is why we need to understand what kind of stand we are BEFORE trying to understand the cup and eventually the market!
What Cup to What Stand?
Now that you have found your stand, it is time now to find the right cup to complete your personal Holy Grail. Unfortunately, not all strategies are worth the title “Holy Grail”. Many of these strategies are fundamentally unsound or that they have not been molded in the flames of real life trading. Therefore, a worthy cup to complete your personal Holy Grail needs to be:
1) Tested and True in real life trading with proven track record
2) Fundamentally sound
3) Logically sound
4) Tested and developed in your market of interest!
That last point got some of you baffled didn’t it?
Yes, if you want to trade the US markets, your strategy needs to be developed and proven in the US markets and if you want to trade Asian equities, your strategy needs to be developed and proven in the Asian markets. Why is this so? Due to fundamental differences between the markets such as liquidity, investor sentiments and behavior, level of participation of institutional players and investor sophistication. Most strategies need to be optimized for the market it was developed for and therefore using it in other markets may result in a terrible loss due to different price behaviors that results in making your profit or loss taking point obsolete.
So why do I trade only the US markets? I trade the US markets due to the fact that it has the highest level of sophistication and its investors execute strategies which are little known in other markets. This makes sure that whatever you try to do in this market, It has the LIQUIDITY to ensure your profitability! It is akin to a huge departmental store whereas some other markets are small grocery stores at best.
And hey, we all know that there are more promotional and good value items in a department store than most grocery stores can afford to give, don’t we?
Convinced why the US markets are our best choice yet? … Good.
Where to Find YOUR Cup?
While there are a lot of good strategies out there, I wish to recommend that you go to www.mastersoequity.com/MOE_startradingsystem.htm (for aggressive traders) or www.mastersoequity.com/MOE_ridetheflow.htm (for long term traders). Both of these strategies are:
1) Tested and True with proven track records
2) Fundamentally sound
3) Logically sound and
4) Developed and tested in the US Markets!
CONGRATULATIONS, you have now in your possession, your personal Holy Grail of trading and investments!
Saturday, June 18, 2011
Hip’s – The Full Story
Home owners will soon have just three months to sell their homes or be forced to re-issue the seller’s information pack at an estimated cost of £1000 for the average semi-detached home. This would be in addition to the original £1000 paid out for the original sales pack.
Much has been written about the Home Information Packs (HIP’s). Here we aim to examine the final details, just released.
From June 2007 it will be compulsory for all sellers to produce a dossier containing certain basic facts regarding the sale of the property. Ministers estimation of the costs of this survey are £776, a figure that the experts dispute. They say the figure is much more likely to be £1000. These figures are based on an average semi.
The information given in the dossier includes searches, deeds, description of the property and an energy efficiency rating. However, it appears that there are some rather worrying exclusions in the list. For example, there is no reference to rights of access, ground stability, natural subsidence or effects of mining. Risks of flooding are not included; neither is contamination from radon gas or other substances. Telecommunication links seem to have been overlooked too.
Despite this cost to the seller, it appears that if a buyer is borrowing in excess of 80% of the property value, they’ll still be expected to commission and pay for valuations.
With regard to the three month time limit on sales, it appears that mortgage lenders will refuse to advance cash to buyers where the HIP is over three months old. Also, if house is taken off the market for over 28 days within those three months, a new HIP will have to be obtained. Where the reason for the property being off the market for 28 days was connected with a sale, the rule would not apply.
Where a property is marketed for sale on a private website or even by a for sale sign in the garden, the failure to supply a HIP will result in a fine of £200 per day.
In reaction to the announcement of these regulations, a Tory spokesman was quoted as saying the packs were “expensive, deficient and dangerous. The refusal to tell families whether the back garden will be safe for their children or of potential flood risks, delivers a serious blow to the credibility of these packs.”
.The Law Society are concerned that there may be significant defects in the scheme in the there is no provision in the regulations for information within the HIP to be authenticated or confirmed by the seller. They are of the opinion that there should be a warning that reinforces to the buyer the risk of taking on substantial liabilities and commitments.
When you take into consideration the fact that the VAT alone from these packs will bring in £111m per year into the treasury you realize why the Government has been accused of yet another stealth tax implementation.
So there you have it. It appears to be that, for better or worse, HIP’s are here to stay.
Much has been written about the Home Information Packs (HIP’s). Here we aim to examine the final details, just released.
From June 2007 it will be compulsory for all sellers to produce a dossier containing certain basic facts regarding the sale of the property. Ministers estimation of the costs of this survey are £776, a figure that the experts dispute. They say the figure is much more likely to be £1000. These figures are based on an average semi.
The information given in the dossier includes searches, deeds, description of the property and an energy efficiency rating. However, it appears that there are some rather worrying exclusions in the list. For example, there is no reference to rights of access, ground stability, natural subsidence or effects of mining. Risks of flooding are not included; neither is contamination from radon gas or other substances. Telecommunication links seem to have been overlooked too.
Despite this cost to the seller, it appears that if a buyer is borrowing in excess of 80% of the property value, they’ll still be expected to commission and pay for valuations.
With regard to the three month time limit on sales, it appears that mortgage lenders will refuse to advance cash to buyers where the HIP is over three months old. Also, if house is taken off the market for over 28 days within those three months, a new HIP will have to be obtained. Where the reason for the property being off the market for 28 days was connected with a sale, the rule would not apply.
Where a property is marketed for sale on a private website or even by a for sale sign in the garden, the failure to supply a HIP will result in a fine of £200 per day.
In reaction to the announcement of these regulations, a Tory spokesman was quoted as saying the packs were “expensive, deficient and dangerous. The refusal to tell families whether the back garden will be safe for their children or of potential flood risks, delivers a serious blow to the credibility of these packs.”
.The Law Society are concerned that there may be significant defects in the scheme in the there is no provision in the regulations for information within the HIP to be authenticated or confirmed by the seller. They are of the opinion that there should be a warning that reinforces to the buyer the risk of taking on substantial liabilities and commitments.
When you take into consideration the fact that the VAT alone from these packs will bring in £111m per year into the treasury you realize why the Government has been accused of yet another stealth tax implementation.
So there you have it. It appears to be that, for better or worse, HIP’s are here to stay.
Friday, June 17, 2011
Hilton HHonors Platinum Credit Card For Free Hotel Stays
American Express dedicates its financial services typically around travel-plannings, and offers great travel rewards with its credit cards. The Hilton HHonors Platinum Credit Card from American Express is one such service meant for those frequent travelers who wish to grab the lucrative discounts on stays at Hilton Family Hotels.
Hilton Family hotels have a worldwide networking. If you plan for frequent stays at Hilton hotels and enroll in the Hilton HHonors Platinum American Express program, you will obtain points for money spent on purchases and stays at HHonors hotels. These points can be carried forward for free hotel stays, travel rewards, and other benefits.
How Do You Earn The Points?
The key reward program of Hilton HHonors Platinum American Express is the points, which you earn through purchases redeemed at hotels within the Family of Hilton hotels. To know more about the points go through the details:
-Essentially, you can earn five bonus points for each dollar spent in Hilton family of Hotels, along with three points for every dollar, towards hotel stays in future. You can also earn 5 points on eligible purchases from restaurants, grocery stores, drugstores, gas stations, restaurants, the U.S. Postal Service, supermarkets and similar avenues.
-Get 10000 HHonors bonus points after your very first purchase with the Hilton HHonors Platinum Card, which is enough for a free night’s stay at any of the Hilton Hotels.
-For the first 4 stays, you will earn 2500 at a Hilton Family hotel and 500 points for each stay after that. Not only this, you can earn frequent flyer miles along with bonus points for a qualifying hotel stay.
-Your points will be redeemable once you go past the 7500-mark.
-Points never expire as long as the card is active (at least once each year) and there is no yearly-limit for points that can be earned.
The free night will depend on the category of the hotel you choose, normally an opportunity category hotel costs around 10,000 points, whereas a category 6 hotel would take 40,000 points.
Some Features
Have a look at the some of the features of Hilton HHonors Platinum American Express that you would like to be familiar with:
-There is no annual fee
-Get bonus points for free stays at Hilton family of hotels
-Additional benefits and services in hotels for cardholders.
-There is no pre-set spending limit,
-The introductory rate for purchases is low
-No balance transfer fee in the beginning. Although, future balance transfers may incur a fee which is already divulged at the time of the applicable transaction.
The initial APR is 2.90%. This continues for the first six months and then the rate climbs higher.
More Details
Other fees attached to Hilton HHonors Platinum card include:
-Late fee of $19 on balances upto $400 and $38 on balances of $400 and above
-Over limit fee of $35
-Cash advance fee of 3% and $5 minimum for Express Cash transactions
Other benefits
Apart from reward program and signature benefits, Hilton HHonors Platinum American Express does offer you the several common benefits and services which include- auto rental insurance, various services related to protection services, travel accident insurance, and discounts from the Offer Zone (it provides access to discounts, offers, and special events).
Hilton Family hotels have a worldwide networking. If you plan for frequent stays at Hilton hotels and enroll in the Hilton HHonors Platinum American Express program, you will obtain points for money spent on purchases and stays at HHonors hotels. These points can be carried forward for free hotel stays, travel rewards, and other benefits.
How Do You Earn The Points?
The key reward program of Hilton HHonors Platinum American Express is the points, which you earn through purchases redeemed at hotels within the Family of Hilton hotels. To know more about the points go through the details:
-Essentially, you can earn five bonus points for each dollar spent in Hilton family of Hotels, along with three points for every dollar, towards hotel stays in future. You can also earn 5 points on eligible purchases from restaurants, grocery stores, drugstores, gas stations, restaurants, the U.S. Postal Service, supermarkets and similar avenues.
-Get 10000 HHonors bonus points after your very first purchase with the Hilton HHonors Platinum Card, which is enough for a free night’s stay at any of the Hilton Hotels.
-For the first 4 stays, you will earn 2500 at a Hilton Family hotel and 500 points for each stay after that. Not only this, you can earn frequent flyer miles along with bonus points for a qualifying hotel stay.
-Your points will be redeemable once you go past the 7500-mark.
-Points never expire as long as the card is active (at least once each year) and there is no yearly-limit for points that can be earned.
The free night will depend on the category of the hotel you choose, normally an opportunity category hotel costs around 10,000 points, whereas a category 6 hotel would take 40,000 points.
Some Features
Have a look at the some of the features of Hilton HHonors Platinum American Express that you would like to be familiar with:
-There is no annual fee
-Get bonus points for free stays at Hilton family of hotels
-Additional benefits and services in hotels for cardholders.
-There is no pre-set spending limit,
-The introductory rate for purchases is low
-No balance transfer fee in the beginning. Although, future balance transfers may incur a fee which is already divulged at the time of the applicable transaction.
The initial APR is 2.90%. This continues for the first six months and then the rate climbs higher.
More Details
Other fees attached to Hilton HHonors Platinum card include:
-Late fee of $19 on balances upto $400 and $38 on balances of $400 and above
-Over limit fee of $35
-Cash advance fee of 3% and $5 minimum for Express Cash transactions
Other benefits
Apart from reward program and signature benefits, Hilton HHonors Platinum American Express does offer you the several common benefits and services which include- auto rental insurance, various services related to protection services, travel accident insurance, and discounts from the Offer Zone (it provides access to discounts, offers, and special events).
Thursday, June 16, 2011
High Gas Prices and Ways to Save
With Memorial Day around the corner, the great American travel season is here. During the summer, most Americans take at least one extended vacation, and four fifths take that trip by automobile. Unfortunately, this year, the price of gas is at record highs, and no one likes to spend their vacation money on gasoline. While there is little to be done about the price of gas itself, there are some things the average vacationer can do to help ease the costs of auto travel.
Tune up the car. Making sure that your car is running at its best will help you achieve better gas mileage. In addition to tuning up your car, you should also check to make sure that your tires are inflated to their proper pressure.
Other small things that can help with gas mileage are keeping your car washed and waxed and keeping your luggage inside of your vehicle. Bicycles, luggage, and canoes tied on top create additional air resistance, which increases gas consumption.
Make sure that your air conditioner works properly. While the use of your air conditioner increases gas consumption, it's better than driving with your windows open.
If you have a credit card that offers a cashback bonus, such as the Discover card, use that for gas purchases instead of an oil company credit card. Discover even offers a credit card now that is made especially for gas purchases. It offers a larger cashback bonus for than the regular Discover card.
Some gas stations offer a lower price if you pay cash. If that's the case, then pay cash.
Shop around. The gas stations closest to the Interstate may not have the lowest prices. You might save a bit by purchasing your gas a bit further from the highway.
Drive at or near the speed limit. Most cars get better gas mileage at 55 miles per hour than they do at 70.
Shop around before you travel. There are several Websites, such as GasPriceWatch.com, that can show you gas prices throughout your travel route.
Each of the items listed above will offer slight savings in the price of gasoline or in gas consumption. The effect of each one may be small, but the cumulative effect should be noticeable. And every penny you save on gas is a penny you can spend on a memorable souvenir, instead.
Tune up the car. Making sure that your car is running at its best will help you achieve better gas mileage. In addition to tuning up your car, you should also check to make sure that your tires are inflated to their proper pressure.
Other small things that can help with gas mileage are keeping your car washed and waxed and keeping your luggage inside of your vehicle. Bicycles, luggage, and canoes tied on top create additional air resistance, which increases gas consumption.
Make sure that your air conditioner works properly. While the use of your air conditioner increases gas consumption, it's better than driving with your windows open.
If you have a credit card that offers a cashback bonus, such as the Discover card, use that for gas purchases instead of an oil company credit card. Discover even offers a credit card now that is made especially for gas purchases. It offers a larger cashback bonus for than the regular Discover card.
Some gas stations offer a lower price if you pay cash. If that's the case, then pay cash.
Shop around. The gas stations closest to the Interstate may not have the lowest prices. You might save a bit by purchasing your gas a bit further from the highway.
Drive at or near the speed limit. Most cars get better gas mileage at 55 miles per hour than they do at 70.
Shop around before you travel. There are several Websites, such as GasPriceWatch.com, that can show you gas prices throughout your travel route.
Each of the items listed above will offer slight savings in the price of gasoline or in gas consumption. The effect of each one may be small, but the cumulative effect should be noticeable. And every penny you save on gas is a penny you can spend on a memorable souvenir, instead.
Wednesday, June 15, 2011
Helpful Hints On Personal Loans
Are you thinking of taking out a personal loan! If the answer is yes then you have to ask yourself some questions first. This will make sure that the loan you choose is the right one to suit your needs.
Below are some of the most common questions you should be asking.
Do I really need a personal loan?
You have to ask yourself if the purchase you are about to buy is necessarily, as you may have this debt for a year or two.
Can I afford to takeout a personal loan?
This is properly the most important question you will have to ask yourself, debt advisers says that a non- mortgage monthly repayment debt should not be anymore than 5% of your net income. This is the total you walkout with after tax, say you take home £2000 a month then the most you should be paying back is about a £100 a month.
How much should I borrow?
Most lenders offer a cheaper APR on a larger loan; each lender has their different levels of interest rates and will change them with accordance to how much you borrow. Sometimes it’s best to up your loan just a small bit to get the best interest rate.
For example maybe you only want a loan of £4.500 your APR maybe 10.5% but if you go for a £5,000 loan the APR drops to 9.6%. So over all you may end up saving by taking out a bit more just something to watch out for.
Where do I go for a personal loan?
Most people think of the bank first nothing wrong with that, but know there are so many places to look. Everywhere you turn you see adverts for loans including the newspapers, TV, mail, supermarkets and the Internet. The competition at the moment from the lenders is great; they all want your business so there are some great deals on offer. You just have to look for them take your time and you are sure to get the best deal around
Will I be covered if I become ill or unemployed?
Most lenders will have PPI (payment protection Insurance) please check the policy carefully and ask questions. As not all these policies will cover you and they can be expensive, sometime it’s best to shop around for a different policy.
Can I pay my loan off early?
Yes you can and unbelievably 60% of people do, again check with your lender as some add on penalties for paying off your loan early. Some lenders charge two or three months interest unbelievable but true.
What happens if I get turned down for a loan?
First check why is it because your credit rating is poor or is it because you’re asking for too much money. If your income is low you may be asking for too much, if this is the case reduce your request. If it’s poor credit rating check out why and try and sort that out first, before you reapply
Hopefully these answers will help you, just remember workout what you need the loan for first, then make sure you can afford to make the repayments. Take your time when looking for your personal loan, as there are some great deals out there at the moment.
Below are some of the most common questions you should be asking.
Do I really need a personal loan?
You have to ask yourself if the purchase you are about to buy is necessarily, as you may have this debt for a year or two.
Can I afford to takeout a personal loan?
This is properly the most important question you will have to ask yourself, debt advisers says that a non- mortgage monthly repayment debt should not be anymore than 5% of your net income. This is the total you walkout with after tax, say you take home £2000 a month then the most you should be paying back is about a £100 a month.
How much should I borrow?
Most lenders offer a cheaper APR on a larger loan; each lender has their different levels of interest rates and will change them with accordance to how much you borrow. Sometimes it’s best to up your loan just a small bit to get the best interest rate.
For example maybe you only want a loan of £4.500 your APR maybe 10.5% but if you go for a £5,000 loan the APR drops to 9.6%. So over all you may end up saving by taking out a bit more just something to watch out for.
Where do I go for a personal loan?
Most people think of the bank first nothing wrong with that, but know there are so many places to look. Everywhere you turn you see adverts for loans including the newspapers, TV, mail, supermarkets and the Internet. The competition at the moment from the lenders is great; they all want your business so there are some great deals on offer. You just have to look for them take your time and you are sure to get the best deal around
Will I be covered if I become ill or unemployed?
Most lenders will have PPI (payment protection Insurance) please check the policy carefully and ask questions. As not all these policies will cover you and they can be expensive, sometime it’s best to shop around for a different policy.
Can I pay my loan off early?
Yes you can and unbelievably 60% of people do, again check with your lender as some add on penalties for paying off your loan early. Some lenders charge two or three months interest unbelievable but true.
What happens if I get turned down for a loan?
First check why is it because your credit rating is poor or is it because you’re asking for too much money. If your income is low you may be asking for too much, if this is the case reduce your request. If it’s poor credit rating check out why and try and sort that out first, before you reapply
Hopefully these answers will help you, just remember workout what you need the loan for first, then make sure you can afford to make the repayments. Take your time when looking for your personal loan, as there are some great deals out there at the moment.
Tuesday, June 14, 2011
Help After Bankruptcy: You Just Need To Know Where To Look
Help after bankruptcy is out there if you know where to look. In this article I am going to talk about help after bankruptcy when it comes to rebuilding your credit.
Let's start by looking at some of the free help available after bankruptcy when it comes to rebuilding your credit. There are some excellent online resources available that show you how to rebuild your credit history - and, of course, some you want to stay away from.
What are some good credit rebuilding resources that can help after bankruptcy? The websites of the major credit reporting agencies are a good starting point (Experian, Equifax, and Trans Union). Many offer helpful articles, as well as "question and answer" sections.
There are also credit rebuilding (or "credit repair") services that offer people help after bankruptcy for a fee. In addition there is credit repair software on the market that people looking for help after bankruptcy can buy. Some services and software packages are good, but there others you will want to avoid. This is where comparison shopping, research, and common sense (i.e, "if it sounds to good to be true, it usually is") comes into play.
There are also books you can purchase that show you how to rebuild your credit history - but again, be very selective in which ones you choose. For example, some books out there suggest illegal or, at the very least, highly questionable credit rebuilding techniques - stay away from these. You don't want that type of help after bankruptcy!
Ideally, when it comes to rebuilding your credit you want utilize resources that are specifically designed for people who need help after bankruptcy. For example, I wrote After Bankruptcy Credit Solutions exclusively for people who need help after bankruptcy when it comes to credit and loans. Of course, rebuilding credit and increasing your credit score are key parts of the book.
Hopefully, you now know of some free and paid resources that can help after bankruptcy when it comes to rebuilding your credit. Again, take time to research and choose the resource that's best for your situation when looking for help after bankruptcy.
Copyright © 2006 Innovative Solutions Publishing, Inc. All rights reserved.
The company and product/service names referenced in this article are the trademarks, registered trademarks or service marks of their respective owners. None of the owners have sponsored or endorsed this article.
DISCLAIMER:
This information is designed to provide only a general overview of the subject matter herein.
This information is provided with the understanding that neither the publisher nor author is engaged in rendering legal, accounting or other professional advice. If legal or other expert assistance is required, the services of a professional should be sought.
Neither the publisher nor author shall be liable for any loss or damages, including but not limited to special, consequential, incidental or other damages, caused by the information contained herein.
Let's start by looking at some of the free help available after bankruptcy when it comes to rebuilding your credit. There are some excellent online resources available that show you how to rebuild your credit history - and, of course, some you want to stay away from.
What are some good credit rebuilding resources that can help after bankruptcy? The websites of the major credit reporting agencies are a good starting point (Experian, Equifax, and Trans Union). Many offer helpful articles, as well as "question and answer" sections.
There are also credit rebuilding (or "credit repair") services that offer people help after bankruptcy for a fee. In addition there is credit repair software on the market that people looking for help after bankruptcy can buy. Some services and software packages are good, but there others you will want to avoid. This is where comparison shopping, research, and common sense (i.e, "if it sounds to good to be true, it usually is") comes into play.
There are also books you can purchase that show you how to rebuild your credit history - but again, be very selective in which ones you choose. For example, some books out there suggest illegal or, at the very least, highly questionable credit rebuilding techniques - stay away from these. You don't want that type of help after bankruptcy!
Ideally, when it comes to rebuilding your credit you want utilize resources that are specifically designed for people who need help after bankruptcy. For example, I wrote After Bankruptcy Credit Solutions exclusively for people who need help after bankruptcy when it comes to credit and loans. Of course, rebuilding credit and increasing your credit score are key parts of the book.
Hopefully, you now know of some free and paid resources that can help after bankruptcy when it comes to rebuilding your credit. Again, take time to research and choose the resource that's best for your situation when looking for help after bankruptcy.
Copyright © 2006 Innovative Solutions Publishing, Inc. All rights reserved.
The company and product/service names referenced in this article are the trademarks, registered trademarks or service marks of their respective owners. None of the owners have sponsored or endorsed this article.
DISCLAIMER:
This information is designed to provide only a general overview of the subject matter herein.
This information is provided with the understanding that neither the publisher nor author is engaged in rendering legal, accounting or other professional advice. If legal or other expert assistance is required, the services of a professional should be sought.
Neither the publisher nor author shall be liable for any loss or damages, including but not limited to special, consequential, incidental or other damages, caused by the information contained herein.
Monday, June 13, 2011
Hedge Fund Advisers Will Continue to Register Despite Court Decision to Strike Down SEC Rule
Copyright 2006 Stephen Furnari
Small, independent hedge funds were given a boost on Friday by a favorable court decision that struck down a controversial rule requiring hedge funds to register with the Securities and Exchange Commission. Notwithstanding the decision, many fund advisers are expected to continue to register voluntarily in order to attract and retain institutional investors.
In 2004, the SEC amended one of the key exemptions fund advisers relied on to avoid registration with the SEC as an investment adviser. Previously, fund managers with fewer than 15 clients were not required to register as an investment adviser. Under the old rule, each fund the adviser managed was considered a "client", regardless of the number of individual investors in the fund. In most cases, managers that advised fewer than 15 funds could avoid registration as an investment adviser.
Under the 2004 rule amendment, the SEC changed the definition of a "client" of an investment adviser to mean the individual investors in the funds it managed. Thus, with few exceptions, the 2004 rule amendment forced fund advisers managing investment funds with 15 or more investors (and more than $30 million in assets) to register as an investment adviser. Since the adoption of the 2004 rule amendment, 1,260 new fund advisers have registered with the SEC. Last week's appeals court decision strikes down the 2004 rule amendment, which will relieve many smaller funds from the burden and expense of investment adviser registration, compliance and random SEC inspections.
This is a big development in U.S. hedge fund regulation, and a sign of a potential backlash against the SEC’s attempt to expand its regulatory reach in this area. However, no one expects the SEC to close the door completely on hedge fund regulation. And while some advisers may elect to de-register to avoid the cost of compliance, many funds are expected to take a "wait-and-see" approach in anticipation the SEC's potential enactment of new rules in reaction to the court's decision.
Notwithstanding the court decision, many institutional investors appreciate the transparency that registration affords investors, and will continue to require registration as part of their investment criteria. In the fund business, and especially for small, independent funds, institutional investors are the Holy Grail. Accordingly, many advisers will continue to voluntarily register despite the burden of compliance.
While registration is a modest burden for advisers, there are ways for independent advisers to maintain their registration status without having compliance issues overwhelm their operations. In my practice, we help advisers devise cost effective strategies to register and meet their ongoing compliance requirements. We have found that the advisers who work with us are able devote minimal time to the annoyance of compliance and more time on what’s really important: raising and managing capital.
Small, independent hedge funds were given a boost on Friday by a favorable court decision that struck down a controversial rule requiring hedge funds to register with the Securities and Exchange Commission. Notwithstanding the decision, many fund advisers are expected to continue to register voluntarily in order to attract and retain institutional investors.
In 2004, the SEC amended one of the key exemptions fund advisers relied on to avoid registration with the SEC as an investment adviser. Previously, fund managers with fewer than 15 clients were not required to register as an investment adviser. Under the old rule, each fund the adviser managed was considered a "client", regardless of the number of individual investors in the fund. In most cases, managers that advised fewer than 15 funds could avoid registration as an investment adviser.
Under the 2004 rule amendment, the SEC changed the definition of a "client" of an investment adviser to mean the individual investors in the funds it managed. Thus, with few exceptions, the 2004 rule amendment forced fund advisers managing investment funds with 15 or more investors (and more than $30 million in assets) to register as an investment adviser. Since the adoption of the 2004 rule amendment, 1,260 new fund advisers have registered with the SEC. Last week's appeals court decision strikes down the 2004 rule amendment, which will relieve many smaller funds from the burden and expense of investment adviser registration, compliance and random SEC inspections.
This is a big development in U.S. hedge fund regulation, and a sign of a potential backlash against the SEC’s attempt to expand its regulatory reach in this area. However, no one expects the SEC to close the door completely on hedge fund regulation. And while some advisers may elect to de-register to avoid the cost of compliance, many funds are expected to take a "wait-and-see" approach in anticipation the SEC's potential enactment of new rules in reaction to the court's decision.
Notwithstanding the court decision, many institutional investors appreciate the transparency that registration affords investors, and will continue to require registration as part of their investment criteria. In the fund business, and especially for small, independent funds, institutional investors are the Holy Grail. Accordingly, many advisers will continue to voluntarily register despite the burden of compliance.
While registration is a modest burden for advisers, there are ways for independent advisers to maintain their registration status without having compliance issues overwhelm their operations. In my practice, we help advisers devise cost effective strategies to register and meet their ongoing compliance requirements. We have found that the advisers who work with us are able devote minimal time to the annoyance of compliance and more time on what’s really important: raising and managing capital.
Sunday, June 12, 2011
Heavy Debts Implicated In Suicide
The Royal Bank of Scotland (RBS) will be investigated following suggestions that irresponsible lending by them was the cause of the suicide of one of its customers.
Richard Cullen, 65, took his own life in January 2005 after amassing credit card debts of £130,000 - £35,000 of which was owed to the RBS group.
Banking watchdog, the Banking Code Standards Board (BCSB), will now investigate RBS's lending practices amid concerns that it failed to put two and two together and appreciate the extent of Mr Cullen's debt problems.
I find it extraordinary that this has happened, chief executive Seymour Fortescue told BBC's Panorama, I think it is a case of the right hand not knowing what the left hand is doing and there is no excuse for that. This is wrong.
In November 2004, the limit on Mr Cullen's Tesco Personal Finance card, (a card which is operated by RBS), was increased by £1,000 to £7,700, despite the fact that two weeks earlier RBS had been chasing him for arrears owed on his Mint credit card.
In total the mechanic owed RBS more than double his annual salary. Spread over four cards, the RBS debt cost him more than £4,200 in interest and charges in the 12 months running up to his death.
Mr Fortescue confirmed that the BCSC is seeking the authority of the Cullen family to conduct a probe into the practices of the bank.
Meanwhile, the bank has defended itself against charges of irresponsible lending.
In a statement issued to Panorama The Royal Bank of Scotland said: Mr Cullen did not make us aware of the extent of the debt of approximately £100,000, he subsequently incurred with 16 other providers. We have a rigorous and responsible process for managing customer debt.
Mr Cullen also owed money on a further 18 credit cards held with different providers.
© Adfero Ltd
Richard Cullen, 65, took his own life in January 2005 after amassing credit card debts of £130,000 - £35,000 of which was owed to the RBS group.
Banking watchdog, the Banking Code Standards Board (BCSB), will now investigate RBS's lending practices amid concerns that it failed to put two and two together and appreciate the extent of Mr Cullen's debt problems.
I find it extraordinary that this has happened, chief executive Seymour Fortescue told BBC's Panorama, I think it is a case of the right hand not knowing what the left hand is doing and there is no excuse for that. This is wrong.
In November 2004, the limit on Mr Cullen's Tesco Personal Finance card, (a card which is operated by RBS), was increased by £1,000 to £7,700, despite the fact that two weeks earlier RBS had been chasing him for arrears owed on his Mint credit card.
In total the mechanic owed RBS more than double his annual salary. Spread over four cards, the RBS debt cost him more than £4,200 in interest and charges in the 12 months running up to his death.
Mr Fortescue confirmed that the BCSC is seeking the authority of the Cullen family to conduct a probe into the practices of the bank.
Meanwhile, the bank has defended itself against charges of irresponsible lending.
In a statement issued to Panorama The Royal Bank of Scotland said: Mr Cullen did not make us aware of the extent of the debt of approximately £100,000, he subsequently incurred with 16 other providers. We have a rigorous and responsible process for managing customer debt.
Mr Cullen also owed money on a further 18 credit cards held with different providers.
© Adfero Ltd
Saturday, June 11, 2011
Healthcare Plan Savings Discussed
During these times when hospital bills and professional doctors fee are high, medicines are expensive, and temptations for foods, drinks and vices are everywhere, staying healthy is a must. While some are gifted with good and healthy body, others struggle to maintain a healthy body. And with the price of healthcare plan contributing to the expenses we already have, there is a great need and knowledge on how to somehow cut the cost of healthcare plan.
Although you cannot do anything to bring down the price of your healthcare plan, you can manage to acquire significant saving by following these steps.
Stay Healthy – Yep! The golden rule if you want to live longer. Skeptical? Well, nobody blames you but if you would like to give you body a great chance of living beyond your life expectancy, staying healthy is worth the shot. If you aim to get a cheaper healthcare plan, then this is also a great way to achieve it. Since healthcare plan companies base the price of their plan on the status of the health of the individual, don’t be surprised if some might get higher rate than others. If you are conscious about it, then maintaining a healthy life could spare you from high healthcare plan rate.
Quit Smoking – Now that’s difficult! But if you are a kind of person who will do anything just to keep the healthcare plan rate to the minimum, you can always start by kicking the habit away. So what does it have to do with low healthcare plan? A person who smokes is more prone to healthcare claims than those who do not. And if you understand the business, you would realize that healthcare plan companies receive more claims from smoking plan holders. The tendency is to sanction higher healthcare plan rates to those who smoke. Think about it! If you quite smoking, you save from healthcare plan bills, spare you from the cost of your everyday cigarette consumption, and give you a better chance to live cleaner and longer life.
Exercise and Lose Weight– If you are part of the growing number of Americans who can either be classified as overweight or obese, then expect to have a higher healthcare plan price. It is wise to keep a normal body size and maintain it with regular exercise so you can get a desired healthcare plan rate.
Good healthcare plan selection – If it’s cheap, it does not necessarily mean it’s really “cheap.” Never let the price be your basis in taking a healthcare plan. As much as possible look for plan that gives you more benefits at the price advantageous to you.
Maximize other existing plan – If you presently have health insurance plan, make sure that you avoid getting another one with an identical coverage. This would surely drain your pockets by having unnecessary benefits you can never use. Also avoid buying unnecessary healthcare plan if you already have enough plan.
Know the type of plan you are buying – If you are buying healthcare plan for the first time, you should identify first the type of coverage you want. In this way, you can eliminate those unnecessary coverage you think you can never use. Remember that every coverage is paid so making sure that you can the healthcare plan that fits your need.
Although you cannot do anything to bring down the price of your healthcare plan, you can manage to acquire significant saving by following these steps.
Stay Healthy – Yep! The golden rule if you want to live longer. Skeptical? Well, nobody blames you but if you would like to give you body a great chance of living beyond your life expectancy, staying healthy is worth the shot. If you aim to get a cheaper healthcare plan, then this is also a great way to achieve it. Since healthcare plan companies base the price of their plan on the status of the health of the individual, don’t be surprised if some might get higher rate than others. If you are conscious about it, then maintaining a healthy life could spare you from high healthcare plan rate.
Quit Smoking – Now that’s difficult! But if you are a kind of person who will do anything just to keep the healthcare plan rate to the minimum, you can always start by kicking the habit away. So what does it have to do with low healthcare plan? A person who smokes is more prone to healthcare claims than those who do not. And if you understand the business, you would realize that healthcare plan companies receive more claims from smoking plan holders. The tendency is to sanction higher healthcare plan rates to those who smoke. Think about it! If you quite smoking, you save from healthcare plan bills, spare you from the cost of your everyday cigarette consumption, and give you a better chance to live cleaner and longer life.
Exercise and Lose Weight– If you are part of the growing number of Americans who can either be classified as overweight or obese, then expect to have a higher healthcare plan price. It is wise to keep a normal body size and maintain it with regular exercise so you can get a desired healthcare plan rate.
Good healthcare plan selection – If it’s cheap, it does not necessarily mean it’s really “cheap.” Never let the price be your basis in taking a healthcare plan. As much as possible look for plan that gives you more benefits at the price advantageous to you.
Maximize other existing plan – If you presently have health insurance plan, make sure that you avoid getting another one with an identical coverage. This would surely drain your pockets by having unnecessary benefits you can never use. Also avoid buying unnecessary healthcare plan if you already have enough plan.
Know the type of plan you are buying – If you are buying healthcare plan for the first time, you should identify first the type of coverage you want. In this way, you can eliminate those unnecessary coverage you think you can never use. Remember that every coverage is paid so making sure that you can the healthcare plan that fits your need.
Friday, June 10, 2011
Hard Money Loans to Stop Foreclosure
Hard money loans can forestall a foreclosure. Such loans are the specialty that brings out the best and the worst in non-conforming (aka hard money) lenders. If you are facing foreclosure on a property either one that you own or one that you want to purchase before it hits or is already in foreclosure, hard money lenders may be your only resource for sufficient cash in a timely manner.
Hard money lenders can fund a real estate purchase or refinance loan in two weeks or sometimes even less from the time all your documentation is in their hands. Be sure to have all your documentation ready for your broker or lender. Use the following list as a guide:
Written real estate appraisal with photos
Purchase contract if you are purchasing the property
Personal financial statement
Income statement for the borrower
2 yrs P&L for the property if it is income producing
2 yrs Tax returns for the borrower
Statement of use of funds
Proof of where the balance of funding will come from (such as a bank statement showing the funds available) if you are buying the property
Being prepared with a complete package will speed your funding.
For more information visit http://www.interestratepolice.com
Counties and Cities Served
Alameda County
Alameda
Albany
Berkeley
Dublin
Emeryville
Fremont
Hayward
Livermore
Newark
Oakland
Piedmont
Pleasanton
San Leandro
Union City
Hard money loans are available for property in Alameda County.
Alpine County
No matter what county your property is in, including Alpine, we can help fund a loan in most cases.
Amador County
Amador City
Ione
Jackson
Plymouth
Sutter Creek
We are able to fund loans on land, residential and commercial properties across the state of California, including in Amador County.
Butte County
Chico
Gridley
Oroville
Paradise
We have extensive experience in most California counties including Butte. Call us for more information on what loans may or may not be available.
Calaveras County
Angels Camp
We can fund hard money loans on Calaveras county residential and commercial real estate
Colusa County
Colusa
Williams
Let us be your last stop in your pursuit of a hard money loan.
Contra Costa County
Antioch
Brentwood
Clayton
Concord
Danville
El Cerrito
Hercules
Lafayette
Martinez
Moraga
Orinda
Pinole
Pittsburg
Pleasant Hill
Richmond
San Pablo
San Ramon
Walnut Creek
Looking for a Contra Costa County hard money lender? Let us help you with the financing you are looking for.
Del Norte County
Crescent City
No matter what county your property is in, including Del Norte, we can help fund a loan in most cases.
El Dorado County
Placerville
South Lake Tahoe
We have extensive experience in most California counties including El Dorado. Call us for more information on what loans may or may not be available.
Fresno County
Clovis
Coalinga
Firebaugh
Fowler
Fresno
Huron
Kerman
Kingsburg
Mendota
Orange Cove
Parlier
Reedley
San Joaquin
Sanger
Selma
Fresno County private money loans are available on most property types.
Glenn County
Orland
Willows
We are able to fund loans on land, residential and commercial properties across the state of California, including in Glenn County.
Humboldt County
Arcata
Blue Lake
Eureka
Ferndale
Fortuna
Rio Dell
Trinidad
Let us be your last stop in your pursuit of a hard money loan.
Imperial County
Brawley
Calexico
Calipatria
El Centro
Holtville
Westmorland
Hard money loans are available for property in Imperial County.
Inyo County
Bishop
We can fund hard money loans on Inyo county residential and commercial real estate
Kern County
Arvin
Bakersfield
California City
Delano
Kern County
Maricopa
McFarland
Ridgecrest
Shafter
Taft
Tehachapi
Wasco
Looking for a Kern County hard money lender? Let us help you with the financing you are looking for.
Kings County
Avenal
Corcoran
Hanford
Lemoore
Let us be your last stop in your pursuit of a hard money loan.
Lake County
Clearlake
Lakeport
Lake County private money loans are available on most property types.
Lassen County
Susanville
Let us be your last stop in your pursuit of a hard money loan.
Los Angeles County
Agoura Hills
Alhambra
Arcadia
Artesia
Azusa
Baldwin Park
Bell
Bell Gardens
Bellflower
Beverly Hills
Bradbury
Burbank
Calabas
Carson
Cerritos
Claremont
Commerce
Compton
Covina
Cudahy
Culver City
Diamond Bar
Downey
Duarte
El Monte
El Segundo
Gardena
Glendale
Glendora
Hawaiian Gardens
Hawthorne
Hermosa Beach
Hidden Hills
Huntington Park
Industry
Inglewood
Irwindale
La Canada
Flintridge
La Habra Heights
La Mirada
La Puente
La Verne
Lakewood
Lancaster
Lawndale
Lomita
Long Beach
Los Angeles
Lynwood
Malibu
Manhattan Beach
Maywood
Monrovia
Montebello
Monterey Park
Norwalk
Palmdale
Palos Verdes Estates
Paramount
Pasadena
Pico Rivera
Pomona
Rancho Palos Verdes
Redondo Beach
Rolling Hills
Rolling Hills Estates
Rosemead
San Dimas
San Fernando
San Gabriel
San Marino
Santa Clarita
Santa Fe Springs
Santa Monica
Sierra Madre
Signal Hill
South El Monte
South Gate
South
Pasadena
Temple City
Torrance
Vernon
Walnut
West Covina
West Hollywood
Westlake Village
Whittier
We are able to fund loans on land, residential and commercial properties across the state of California, including in Los Angeles County.
Madera County
Chowchilla
Madera
No matter what county your property is in, including Madera, we can help fund a loan in most cases.
Marin County
Belvedere
Corte Madera
Fairfax
Larkspur
Mill Valley
Novato
Ross
San Anselmo
San Rafael
Sausalito
Tiburon
Hard money loans are available for property in Marin County.
Mariposa County
Let us be your last stop in your pursuit of a hard money loan.
Mendocino County
Fort Bragg
Point Arena
Ukiah
Willits
We can fund hard money loans on Mendocino county residential and commercial real estate
Merced County
Atwater
Dos Palos
Gustine
Livingston
Los Banos
Merced
Merced County private money loans are available on most property types.
Modoc County
Alturas
Hard money loans are available for property in Modoc County.
Mono County
Mammoth Lakes
No matter what county your property is in, including Mono, we can help fund a loan in most cases.
Monterey County
Carmel
Del Rey Oaks
Gonzales
Greenfield
King City
Marina
Monterey
Pacific Grove
Salinas
Sand City
Seaside
Soledad
We are able to fund loans on land, residential and commercial properties across the state of California, including in Monterey County.
Napa County
American Canyon
Calistoga
Napa
St. Helena
Yountville
Let us be your last stop in your pursuit of a hard money loan.
Nevada County
Grass Valley
Nevada City
Truckee
We can give you quick answers on loan options regarding Nevada County property with a quick phone call.
Orange County
Anaheim
Brea
Buena Park
Costa Mesa
Cypress
Dana Point
Fountain Valley
Fullerton
Garden Grove
Huntington Beach
Irvine
La Habra
La Palma
Laguna Beach
Laguna Hills
Laguna Niguel
Lake Forest
Los Alamitos
Mission Viejo
Newport Beach
Orange
Placentia
San Clemente
San Juan Capistrano
Santa Ana
Seal Beach
Stanton
Tustin
Villa Park
Westminster
Yorba Linda
Let us be your last stop in your pursuit of a hard money loan.
Placer County
Auburn
Colfax
Lincoln
Loomis
Rocklin
Roseville
Placer County private money loans are available on most property types.
Plumas County
Portola
We can fund hard money loans on Plumas county residential and commercial real estate
Riverside County
Banning
Beaumont
Blythe
Calimesa
Canyon Lake
Cathedral City
Coachella
Corona
Desert Hot Springs
Hemet
Indian Wells
Indio
La Quinta
Lake Elsinore
Moreno Valley
Murrieta
Norco
Palm Desert
Palm Springs
Perris
Rancho Mirage
Riverside
San Jacinto
Temecula
Hard money loans are available for property in Riverside County.
Sacramento County
Folsom
Galt
Isleton
Sacramento
We have extensive experience in most California counties including Sacramento. Call us for more information on what loans may or may not be available.
San Benito County
Hollister
San Juan Bautista
We are able to fund loans on land, residential and commercial properties across the state of California, including in San Benito County.
San Bernardino County
Adelanto
Apple Valley
Barstow
Big Bear Lake
Chino
Chino Hills
Colton
Fontana
Grand Terrace
Hesperia
Highland
Loma Linda
Montclair
Needles
Ontario
Rancho Cucamonga
Redlands
Rialto
San Bernardino
Twentynine Palms
Upland
Victorville
Yucaipa
Yucca Valley
Let us be your last stop in your pursuit of a hard money loan.
San Diego County
Carlsbad
Chula Vista
Coronado
Del Mar
El Cajon
Encinitas
Escondido
Imperial Beach
La Mesa
Lemon Grove
National City
Oceanside
Poway
San Diego
San Marcos
Santee
Solana Beach
Vista
Hard money loans are available for property in San Diego County.
San Francisco County
San Francisco
San Francisco County private money loans are available on most property types.
San Joaquin County
Escalon
Lathrop
Lodi
Manteca
Ripon
Stockton
Tracy
We have extensive experience in most California counties including San Joaquin. Call us for more information on what loans may or may not be available.
San Luis Obispo County
Arroyo Grande
Atascadero
Grover Beach
Morro Bay
Paso Robles
Pismo Beach
San Luis Obispo
Let us be your last stop in your pursuit of a hard money loan.
San Mateo County
Atherton
Belmont
Brisbane
Burlingame
Colma
Daly City
East Palo Alto
Foster City
Half Moon Bay
Hillsborough
Menlo Park
Millbrae
Pacifica
Portola Valley
Redwood City
San Bruno
San Carlos
San Mateo
South San Francisco
Woodside
We can fund hard money loans on San Mateo county residential and commercial real estate
Santa Barbara County
Buellton
Carpinteria
Guadalupe
Lompoc
Santa Barbara
Santa Maria
Solvang
Let us be your last stop in your pursuit of a hard money loan.
Santa Clara County
Campbell
Cupertino
Gilroy
Los Altos
Los Altos Hills
Los Gatos
Milpitas
Monte Sereno
Morgan Hill
Mountain View
Palo Alto
San Jose
Santa Clara
Saratoga
Sunnyvale
We are able to fund loans on land, residential and commercial properties across the state of California, including in Santa Clara County.
Santa Cruz County
Capitola
Santa Cruz
Scotts Valley
Watsonville
We have extensive experience in most California counties including Santa Cruz. Call us for more information on what loans may or may not be available.
Shasta County
Anderson
Redding
Shasta Lake
Shasta County private money loans are available on most property types.
Sierra County
Loyalton
Let us be your last stop in your pursuit of a hard money loan.
Siskiyou County
Dorris
Dunsmuir
Etna
Fort Jones
Montague
Mount Shasta
Tulelake
Weed
Yreka
We can give you quick answers on loan options regarding Siskiyou County property with a quick phone call.
Solano County
Benicia
Dixon
Fairfield
Rio Vista
Suisun City
Vacaville
Vallejo
Let us be your last stop in your pursuit of a hard money loan.
Sonoma County
Cloverdale
Cotati
Healdsburg
Petaluma
Rohnert Park
Santa Rosa
Sebastopol
Sonoma
Windsor
We have extensive experience in most California counties including Sonoma. Call us for more information on what loans may or may not be available.
Stanislaus County
Ceres
Hughson
Modesto
Newman
Oakdale
Patterson
Riverbank
Turlock
Waterford
We can fund hard money loans on Stanislaus county residential and commercial real estate
Sutter County
Live Oak
Yuba City
We are able to fund loans on land, residential and commercial properties across the state of California, including in Sutter County.
Tehama County
Corning
Red Bluff
Tehama
Tehama County private money loans are available on most property types.
Trinity County
We can give you quick answers on loan options regarding Trinity County property with a quick phone call.
Tulare County
Dinuba
Exeter
Farmersville
Lindsay
Porterville
Tulare
Visalia
Woodlake
We have extensive experience in most California counties including Tulare. Call us for more information on what loans may or may not be available.
Tuolumne County
Sonora
Looking for a Tuolumne County hard money lender? Let us help you with the financing you are looking for.
Ventura County
Camarillo
Fillmore
Moorpark
Ojai
Oxnard
Port Hueneme
Santa Paula
Simi Valley
Thousand Oaks
Ventura
No matter what county your property is in, including Ventura, we can help fund a loan in most cases.
Yolo County
Davis
West Sacramento
Winters
Woodland
Hard money loans are available for property in Yolo County.
Yuba County
Marysville
Wheatland
Let us be your last stop in your pursuit of a hard money loan.
Hard money lenders can fund a real estate purchase or refinance loan in two weeks or sometimes even less from the time all your documentation is in their hands. Be sure to have all your documentation ready for your broker or lender. Use the following list as a guide:
Written real estate appraisal with photos
Purchase contract if you are purchasing the property
Personal financial statement
Income statement for the borrower
2 yrs P&L for the property if it is income producing
2 yrs Tax returns for the borrower
Statement of use of funds
Proof of where the balance of funding will come from (such as a bank statement showing the funds available) if you are buying the property
Being prepared with a complete package will speed your funding.
For more information visit http://www.interestratepolice.com
Counties and Cities Served
Alameda County
Alameda
Albany
Berkeley
Dublin
Emeryville
Fremont
Hayward
Livermore
Newark
Oakland
Piedmont
Pleasanton
San Leandro
Union City
Hard money loans are available for property in Alameda County.
Alpine County
No matter what county your property is in, including Alpine, we can help fund a loan in most cases.
Amador County
Amador City
Ione
Jackson
Plymouth
Sutter Creek
We are able to fund loans on land, residential and commercial properties across the state of California, including in Amador County.
Butte County
Chico
Gridley
Oroville
Paradise
We have extensive experience in most California counties including Butte. Call us for more information on what loans may or may not be available.
Calaveras County
Angels Camp
We can fund hard money loans on Calaveras county residential and commercial real estate
Colusa County
Colusa
Williams
Let us be your last stop in your pursuit of a hard money loan.
Contra Costa County
Antioch
Brentwood
Clayton
Concord
Danville
El Cerrito
Hercules
Lafayette
Martinez
Moraga
Orinda
Pinole
Pittsburg
Pleasant Hill
Richmond
San Pablo
San Ramon
Walnut Creek
Looking for a Contra Costa County hard money lender? Let us help you with the financing you are looking for.
Del Norte County
Crescent City
No matter what county your property is in, including Del Norte, we can help fund a loan in most cases.
El Dorado County
Placerville
South Lake Tahoe
We have extensive experience in most California counties including El Dorado. Call us for more information on what loans may or may not be available.
Fresno County
Clovis
Coalinga
Firebaugh
Fowler
Fresno
Huron
Kerman
Kingsburg
Mendota
Orange Cove
Parlier
Reedley
San Joaquin
Sanger
Selma
Fresno County private money loans are available on most property types.
Glenn County
Orland
Willows
We are able to fund loans on land, residential and commercial properties across the state of California, including in Glenn County.
Humboldt County
Arcata
Blue Lake
Eureka
Ferndale
Fortuna
Rio Dell
Trinidad
Let us be your last stop in your pursuit of a hard money loan.
Imperial County
Brawley
Calexico
Calipatria
El Centro
Holtville
Westmorland
Hard money loans are available for property in Imperial County.
Inyo County
Bishop
We can fund hard money loans on Inyo county residential and commercial real estate
Kern County
Arvin
Bakersfield
California City
Delano
Kern County
Maricopa
McFarland
Ridgecrest
Shafter
Taft
Tehachapi
Wasco
Looking for a Kern County hard money lender? Let us help you with the financing you are looking for.
Kings County
Avenal
Corcoran
Hanford
Lemoore
Let us be your last stop in your pursuit of a hard money loan.
Lake County
Clearlake
Lakeport
Lake County private money loans are available on most property types.
Lassen County
Susanville
Let us be your last stop in your pursuit of a hard money loan.
Los Angeles County
Agoura Hills
Alhambra
Arcadia
Artesia
Azusa
Baldwin Park
Bell
Bell Gardens
Bellflower
Beverly Hills
Bradbury
Burbank
Calabas
Carson
Cerritos
Claremont
Commerce
Compton
Covina
Cudahy
Culver City
Diamond Bar
Downey
Duarte
El Monte
El Segundo
Gardena
Glendale
Glendora
Hawaiian Gardens
Hawthorne
Hermosa Beach
Hidden Hills
Huntington Park
Industry
Inglewood
Irwindale
La Canada
Flintridge
La Habra Heights
La Mirada
La Puente
La Verne
Lakewood
Lancaster
Lawndale
Lomita
Long Beach
Los Angeles
Lynwood
Malibu
Manhattan Beach
Maywood
Monrovia
Montebello
Monterey Park
Norwalk
Palmdale
Palos Verdes Estates
Paramount
Pasadena
Pico Rivera
Pomona
Rancho Palos Verdes
Redondo Beach
Rolling Hills
Rolling Hills Estates
Rosemead
San Dimas
San Fernando
San Gabriel
San Marino
Santa Clarita
Santa Fe Springs
Santa Monica
Sierra Madre
Signal Hill
South El Monte
South Gate
South
Pasadena
Temple City
Torrance
Vernon
Walnut
West Covina
West Hollywood
Westlake Village
Whittier
We are able to fund loans on land, residential and commercial properties across the state of California, including in Los Angeles County.
Madera County
Chowchilla
Madera
No matter what county your property is in, including Madera, we can help fund a loan in most cases.
Marin County
Belvedere
Corte Madera
Fairfax
Larkspur
Mill Valley
Novato
Ross
San Anselmo
San Rafael
Sausalito
Tiburon
Hard money loans are available for property in Marin County.
Mariposa County
Let us be your last stop in your pursuit of a hard money loan.
Mendocino County
Fort Bragg
Point Arena
Ukiah
Willits
We can fund hard money loans on Mendocino county residential and commercial real estate
Merced County
Atwater
Dos Palos
Gustine
Livingston
Los Banos
Merced
Merced County private money loans are available on most property types.
Modoc County
Alturas
Hard money loans are available for property in Modoc County.
Mono County
Mammoth Lakes
No matter what county your property is in, including Mono, we can help fund a loan in most cases.
Monterey County
Carmel
Del Rey Oaks
Gonzales
Greenfield
King City
Marina
Monterey
Pacific Grove
Salinas
Sand City
Seaside
Soledad
We are able to fund loans on land, residential and commercial properties across the state of California, including in Monterey County.
Napa County
American Canyon
Calistoga
Napa
St. Helena
Yountville
Let us be your last stop in your pursuit of a hard money loan.
Nevada County
Grass Valley
Nevada City
Truckee
We can give you quick answers on loan options regarding Nevada County property with a quick phone call.
Orange County
Anaheim
Brea
Buena Park
Costa Mesa
Cypress
Dana Point
Fountain Valley
Fullerton
Garden Grove
Huntington Beach
Irvine
La Habra
La Palma
Laguna Beach
Laguna Hills
Laguna Niguel
Lake Forest
Los Alamitos
Mission Viejo
Newport Beach
Orange
Placentia
San Clemente
San Juan Capistrano
Santa Ana
Seal Beach
Stanton
Tustin
Villa Park
Westminster
Yorba Linda
Let us be your last stop in your pursuit of a hard money loan.
Placer County
Auburn
Colfax
Lincoln
Loomis
Rocklin
Roseville
Placer County private money loans are available on most property types.
Plumas County
Portola
We can fund hard money loans on Plumas county residential and commercial real estate
Riverside County
Banning
Beaumont
Blythe
Calimesa
Canyon Lake
Cathedral City
Coachella
Corona
Desert Hot Springs
Hemet
Indian Wells
Indio
La Quinta
Lake Elsinore
Moreno Valley
Murrieta
Norco
Palm Desert
Palm Springs
Perris
Rancho Mirage
Riverside
San Jacinto
Temecula
Hard money loans are available for property in Riverside County.
Sacramento County
Folsom
Galt
Isleton
Sacramento
We have extensive experience in most California counties including Sacramento. Call us for more information on what loans may or may not be available.
San Benito County
Hollister
San Juan Bautista
We are able to fund loans on land, residential and commercial properties across the state of California, including in San Benito County.
San Bernardino County
Adelanto
Apple Valley
Barstow
Big Bear Lake
Chino
Chino Hills
Colton
Fontana
Grand Terrace
Hesperia
Highland
Loma Linda
Montclair
Needles
Ontario
Rancho Cucamonga
Redlands
Rialto
San Bernardino
Twentynine Palms
Upland
Victorville
Yucaipa
Yucca Valley
Let us be your last stop in your pursuit of a hard money loan.
San Diego County
Carlsbad
Chula Vista
Coronado
Del Mar
El Cajon
Encinitas
Escondido
Imperial Beach
La Mesa
Lemon Grove
National City
Oceanside
Poway
San Diego
San Marcos
Santee
Solana Beach
Vista
Hard money loans are available for property in San Diego County.
San Francisco County
San Francisco
San Francisco County private money loans are available on most property types.
San Joaquin County
Escalon
Lathrop
Lodi
Manteca
Ripon
Stockton
Tracy
We have extensive experience in most California counties including San Joaquin. Call us for more information on what loans may or may not be available.
San Luis Obispo County
Arroyo Grande
Atascadero
Grover Beach
Morro Bay
Paso Robles
Pismo Beach
San Luis Obispo
Let us be your last stop in your pursuit of a hard money loan.
San Mateo County
Atherton
Belmont
Brisbane
Burlingame
Colma
Daly City
East Palo Alto
Foster City
Half Moon Bay
Hillsborough
Menlo Park
Millbrae
Pacifica
Portola Valley
Redwood City
San Bruno
San Carlos
San Mateo
South San Francisco
Woodside
We can fund hard money loans on San Mateo county residential and commercial real estate
Santa Barbara County
Buellton
Carpinteria
Guadalupe
Lompoc
Santa Barbara
Santa Maria
Solvang
Let us be your last stop in your pursuit of a hard money loan.
Santa Clara County
Campbell
Cupertino
Gilroy
Los Altos
Los Altos Hills
Los Gatos
Milpitas
Monte Sereno
Morgan Hill
Mountain View
Palo Alto
San Jose
Santa Clara
Saratoga
Sunnyvale
We are able to fund loans on land, residential and commercial properties across the state of California, including in Santa Clara County.
Santa Cruz County
Capitola
Santa Cruz
Scotts Valley
Watsonville
We have extensive experience in most California counties including Santa Cruz. Call us for more information on what loans may or may not be available.
Shasta County
Anderson
Redding
Shasta Lake
Shasta County private money loans are available on most property types.
Sierra County
Loyalton
Let us be your last stop in your pursuit of a hard money loan.
Siskiyou County
Dorris
Dunsmuir
Etna
Fort Jones
Montague
Mount Shasta
Tulelake
Weed
Yreka
We can give you quick answers on loan options regarding Siskiyou County property with a quick phone call.
Solano County
Benicia
Dixon
Fairfield
Rio Vista
Suisun City
Vacaville
Vallejo
Let us be your last stop in your pursuit of a hard money loan.
Sonoma County
Cloverdale
Cotati
Healdsburg
Petaluma
Rohnert Park
Santa Rosa
Sebastopol
Sonoma
Windsor
We have extensive experience in most California counties including Sonoma. Call us for more information on what loans may or may not be available.
Stanislaus County
Ceres
Hughson
Modesto
Newman
Oakdale
Patterson
Riverbank
Turlock
Waterford
We can fund hard money loans on Stanislaus county residential and commercial real estate
Sutter County
Live Oak
Yuba City
We are able to fund loans on land, residential and commercial properties across the state of California, including in Sutter County.
Tehama County
Corning
Red Bluff
Tehama
Tehama County private money loans are available on most property types.
Trinity County
We can give you quick answers on loan options regarding Trinity County property with a quick phone call.
Tulare County
Dinuba
Exeter
Farmersville
Lindsay
Porterville
Tulare
Visalia
Woodlake
We have extensive experience in most California counties including Tulare. Call us for more information on what loans may or may not be available.
Tuolumne County
Sonora
Looking for a Tuolumne County hard money lender? Let us help you with the financing you are looking for.
Ventura County
Camarillo
Fillmore
Moorpark
Ojai
Oxnard
Port Hueneme
Santa Paula
Simi Valley
Thousand Oaks
Ventura
No matter what county your property is in, including Ventura, we can help fund a loan in most cases.
Yolo County
Davis
West Sacramento
Winters
Woodland
Hard money loans are available for property in Yolo County.
Yuba County
Marysville
Wheatland
Let us be your last stop in your pursuit of a hard money loan.
Thursday, June 9, 2011
Hard Money for Real Estate Investing
Real estate investing is one of the most common uses of hard money funds. Real estate investing is a cash intensive financial activity. In order to take advantage of ongoing projects, investors often require more operating capital than conventional banks are prepared to provide on short notice.
When conventional financing takes too long or is not available due to low FICO scores or some other reason, hard money can be a deal saver. If you invest in a lot of property, your FICO score can plummet simply due to the number of mortgages you owe! Alternatively, the properties that can be had for an advantageous price may not meet conventional banking criteria. In either case, hard money lenders are not restricted in the same way that conventional banks are and
Hard money lenders can turn on a dime. Mortgages for real estate investing can take anywhere from two to six months to be completed by conventional banks and lenders. Hard money lenders can generally fund in two weeks from the time you have all the paperwork in place.
Lenders can also fund projects that conventional banks cannot. If your real estate investing takes you to the realm of dry cleaners (or a strip mall that has one), gas stations, or even assisted living facilities (one of the hottest growing real estate markets in the US), conventional banks are not likely to be able to fund your project. Hard money loans can, once again, be a deal saver.
Plan to use hard money as a bridge loan. Terms generally range from one to three years. This should provide ample time to prepare the property or your personal financial status to arrange for long term conventional financing or to arrange for the sale of the property in question.
Recommended Lenders:
http://www.rocklandcommercial.com
http://www.californiaprivatemoneyloan.com
http://www.interestratepolice.com
Counties and Cities Served
Alameda County
Alameda
Albany
Berkeley
Dublin
Emeryville
Fremont
Hayward
Livermore
Newark
Oakland
Piedmont
Pleasanton
San Leandro
Union City
Hard money loans are available for property in Alameda County.
Alpine County
No matter what county your property is in, including Alpine, we can help fund a loan in most cases.
Amador County
Amador City
Ione
Jackson
Plymouth
Sutter Creek
We are able to fund loans on land, residential and commercial properties across the state of California, including in Amador County.
Butte County
Chico
Gridley
Oroville
Paradise
We have extensive experience in most California counties including Butte. Call us for more information on what loans may or may not be available.
Calaveras County
Angels Camp
We can fund hard money loans on Calaveras county residential and commercial real estate
Colusa County
Colusa
Williams
Let us be your last stop in your pursuit of a hard money loan.
Contra Costa County
Antioch
Brentwood
Clayton
Concord
Danville
El Cerrito
Hercules
Lafayette
Martinez
Moraga
Orinda
Pinole
Pittsburg
Pleasant Hill
Richmond
San Pablo
San Ramon
Walnut Creek
Looking for a Contra Costa County hard money lender? Let us help you with the financing you are looking for.
Del Norte County
Crescent City
No matter what county your property is in, including Del Norte, we can help fund a loan in most cases.
El Dorado County
Placerville
South Lake Tahoe
We have extensive experience in most California counties including El Dorado. Call us for more information on what loans may or may not be available.
Fresno County
Clovis
Coalinga
Firebaugh
Fowler
Fresno
Huron
Kerman
Kingsburg
Mendota
Orange Cove
Parlier
Reedley
San Joaquin
Sanger
Selma
Fresno County private money loans are available on most property types.
Glenn County
Orland
Willows
We are able to fund loans on land, residential and commercial properties across the state of California, including in Glenn County.
Humboldt County
Arcata
Blue Lake
Eureka
Ferndale
Fortuna
Rio Dell
Trinidad
Let us be your last stop in your pursuit of a hard money loan.
Imperial County
Brawley
Calexico
Calipatria
El Centro
Holtville
Westmorland
Hard money loans are available for property in Imperial County.
Inyo County
Bishop
We can fund hard money loans on Inyo county residential and commercial real estate
Kern County
Arvin
Bakersfield
California City
Delano
Kern County
Maricopa
McFarland
Ridgecrest
Shafter
Taft
Tehachapi
Wasco
Looking for a Kern County hard money lender? Let us help you with the financing you are looking for.
Kings County
Avenal
Corcoran
Hanford
Lemoore
Let us be your last stop in your pursuit of a hard money loan.
Lake County
Clearlake
Lakeport
Lake County private money loans are available on most property types.
Lassen County
Susanville
Let us be your last stop in your pursuit of a hard money loan.
Los Angeles County
Agoura Hills
Alhambra
Arcadia
Artesia
Azusa
Baldwin Park
Bell
Bell Gardens
Bellflower
Beverly Hills
Bradbury
Burbank
Calabas
Carson
Cerritos
Claremont
Commerce
Compton
Covina
Cudahy
Culver City
Diamond Bar
Downey
Duarte
El Monte
El Segundo
Gardena
Glendale
Glendora
Hawaiian Gardens
Hawthorne
Hermosa Beach
Hidden Hills
Huntington Park
Industry
Inglewood
Irwindale
La Canada
Flintridge
La Habra Heights
La Mirada
La Puente
La Verne
Lakewood
Lancaster
Lawndale
Lomita
Long Beach
Los Angeles
Lynwood
Malibu
Manhattan Beach
Maywood
Monrovia
Montebello
Monterey Park
Norwalk
Palmdale
Palos Verdes Estates
Paramount
Pasadena
Pico Rivera
Pomona
Rancho Palos Verdes
Redondo Beach
Rolling Hills
Rolling Hills Estates
Rosemead
San Dimas
San Fernando
San Gabriel
San Marino
Santa Clarita
Santa Fe Springs
Santa Monica
Sierra Madre
Signal Hill
South El Monte
South Gate
South
Pasadena
Temple City
Torrance
Vernon
Walnut
West Covina
West Hollywood
Westlake Village
Whittier
We are able to fund loans on land, residential and commercial properties across the state of California, including in Los Angeles County.
Madera County
Chowchilla
Madera
No matter what county your property is in, including Madera, we can help fund a loan in most cases.
Marin County
Belvedere
Corte Madera
Fairfax
Larkspur
Mill Valley
Novato
Ross
San Anselmo
San Rafael
Sausalito
Tiburon
Hard money loans are available for property in Marin County.
Mariposa County
Let us be your last stop in your pursuit of a hard money loan.
Mendocino County
Fort Bragg
Point Arena
Ukiah
Willits
We can fund hard money loans on Mendocino county residential and commercial real estate
Merced County
Atwater
Dos Palos
Gustine
Livingston
Los Banos
Merced
Merced County private money loans are available on most property types.
Modoc County
Alturas
Hard money loans are available for property in Modoc County.
Mono County
Mammoth Lakes
No matter what county your property is in, including Mono, we can help fund a loan in most cases.
Monterey County
Carmel
Del Rey Oaks
Gonzales
Greenfield
King City
Marina
Monterey
Pacific Grove
Salinas
Sand City
Seaside
Soledad
We are able to fund loans on land, residential and commercial properties across the state of California, including in Monterey County.
Napa County
American Canyon
Calistoga
Napa
St. Helena
Yountville
Let us be your last stop in your pursuit of a hard money loan.
Nevada County
Grass Valley
Nevada City
Truckee
We can give you quick answers on loan options regarding Nevada County property with a quick phone call.
Orange County
Anaheim
Brea
Buena Park
Costa Mesa
Cypress
Dana Point
Fountain Valley
Fullerton
Garden Grove
Huntington Beach
Irvine
La Habra
La Palma
Laguna Beach
Laguna Hills
Laguna Niguel
Lake Forest
Los Alamitos
Mission Viejo
Newport Beach
Orange
Placentia
San Clemente
San Juan Capistrano
Santa Ana
Seal Beach
Stanton
Tustin
Villa Park
Westminster
Yorba Linda
Let us be your last stop in your pursuit of a hard money loan.
Placer County
Auburn
Colfax
Lincoln
Loomis
Rocklin
Roseville
Placer County private money loans are available on most property types.
Plumas County
Portola
We can fund hard money loans on Plumas county residential and commercial real estate
Riverside County
Banning
Beaumont
Blythe
Calimesa
Canyon Lake
Cathedral City
Coachella
Corona
Desert Hot Springs
Hemet
Indian Wells
Indio
La Quinta
Lake Elsinore
Moreno Valley
Murrieta
Norco
Palm Desert
Palm Springs
Perris
Rancho Mirage
Riverside
San Jacinto
Temecula
Hard money loans are available for property in Riverside County.
Sacramento County
Folsom
Galt
Isleton
Sacramento
We have extensive experience in most California counties including Sacramento. Call us for more information on what loans may or may not be available.
San Benito County
Hollister
San Juan Bautista
We are able to fund loans on land, residential and commercial properties across the state of California, including in San Benito County.
San Bernardino County
Adelanto
Apple Valley
Barstow
Big Bear Lake
Chino
Chino Hills
Colton
Fontana
Grand Terrace
Hesperia
Highland
Loma Linda
Montclair
Needles
Ontario
Rancho Cucamonga
Redlands
Rialto
San Bernardino
Twentynine Palms
Upland
Victorville
Yucaipa
Yucca Valley
Let us be your last stop in your pursuit of a hard money loan.
San Diego County
Carlsbad
Chula Vista
Coronado
Del Mar
El Cajon
Encinitas
Escondido
Imperial Beach
La Mesa
Lemon Grove
National City
Oceanside
Poway
San Diego
San Marcos
Santee
Solana Beach
Vista
Hard money loans are available for property in San Diego County.
San Francisco County
San Francisco
San Francisco County private money loans are available on most property types.
San Joaquin County
Escalon
Lathrop
Lodi
Manteca
Ripon
Stockton
Tracy
We have extensive experience in most California counties including San Joaquin. Call us for more information on what loans may or may not be available.
San Luis Obispo County
Arroyo Grande
Atascadero
Grover Beach
Morro Bay
Paso Robles
Pismo Beach
San Luis Obispo
Let us be your last stop in your pursuit of a hard money loan.
San Mateo County
Atherton
Belmont
Brisbane
Burlingame
Colma
Daly City
East Palo Alto
Foster City
Half Moon Bay
Hillsborough
Menlo Park
Millbrae
Pacifica
Portola Valley
Redwood City
San Bruno
San Carlos
San Mateo
South San Francisco
Woodside
We can fund hard money loans on San Mateo county residential and commercial real estate
Santa Barbara County
Buellton
Carpinteria
Guadalupe
Lompoc
Santa Barbara
Santa Maria
Solvang
Let us be your last stop in your pursuit of a hard money loan.
Santa Clara County
Campbell
Cupertino
Gilroy
Los Altos
Los Altos Hills
Los Gatos
Milpitas
Monte Sereno
Morgan Hill
Mountain View
Palo Alto
San Jose
Santa Clara
Saratoga
Sunnyvale
We are able to fund loans on land, residential and commercial properties across the state of California, including in Santa Clara County.
Santa Cruz County
Capitola
Santa Cruz
Scotts Valley
Watsonville
We have extensive experience in most California counties including Santa Cruz. Call us for more information on what loans may or may not be available.
Shasta County
Anderson
Redding
Shasta Lake
Shasta County private money loans are available on most property types.
Sierra County
Loyalton
Let us be your last stop in your pursuit of a hard money loan.
Siskiyou County
Dorris
Dunsmuir
Etna
Fort Jones
Montague
Mount Shasta
Tulelake
Weed
Yreka
We can give you quick answers on loan options regarding Siskiyou County property with a quick phone call.
Solano County
Benicia
Dixon
Fairfield
Rio Vista
Suisun City
Vacaville
Vallejo
Let us be your last stop in your pursuit of a hard money loan.
Sonoma County
Cloverdale
Cotati
Healdsburg
Petaluma
Rohnert Park
Santa Rosa
Sebastopol
Sonoma
Windsor
We have extensive experience in most California counties including Sonoma. Call us for more information on what loans may or may not be available.
Stanislaus County
Ceres
Hughson
Modesto
Newman
Oakdale
Patterson
Riverbank
Turlock
Waterford
We can fund hard money loans on Stanislaus county residential and commercial real estate
Sutter County
Live Oak
Yuba City
We are able to fund loans on land, residential and commercial properties across the state of California, including in Sutter County.
Tehama County
Corning
Red Bluff
Tehama
Tehama County private money loans are available on most property types.
Trinity County
We can give you quick answers on loan options regarding Trinity County property with a quick phone call.
Tulare County
Dinuba
Exeter
Farmersville
Lindsay
Porterville
Tulare
Visalia
Woodlake
We have extensive experience in most California counties including Tulare. Call us for more information on what loans may or may not be available.
Tuolumne County
Sonora
Looking for a Tuolumne County hard money lender? Let us help you with the financing you are looking for.
Ventura County
Camarillo
Fillmore
Moorpark
Ojai
Oxnard
Port Hueneme
Santa Paula
Simi Valley
Thousand Oaks
Ventura
No matter what county your property is in, including Ventura, we can help fund a loan in most cases.
Yolo County
Davis
West Sacramento
Winters
Woodland
Hard money loans are available for property in Yolo County.
Yuba County
Marysville
Wheatland
Let us be your last stop in your pursuit of a hard money loan.
When conventional financing takes too long or is not available due to low FICO scores or some other reason, hard money can be a deal saver. If you invest in a lot of property, your FICO score can plummet simply due to the number of mortgages you owe! Alternatively, the properties that can be had for an advantageous price may not meet conventional banking criteria. In either case, hard money lenders are not restricted in the same way that conventional banks are and
Hard money lenders can turn on a dime. Mortgages for real estate investing can take anywhere from two to six months to be completed by conventional banks and lenders. Hard money lenders can generally fund in two weeks from the time you have all the paperwork in place.
Lenders can also fund projects that conventional banks cannot. If your real estate investing takes you to the realm of dry cleaners (or a strip mall that has one), gas stations, or even assisted living facilities (one of the hottest growing real estate markets in the US), conventional banks are not likely to be able to fund your project. Hard money loans can, once again, be a deal saver.
Plan to use hard money as a bridge loan. Terms generally range from one to three years. This should provide ample time to prepare the property or your personal financial status to arrange for long term conventional financing or to arrange for the sale of the property in question.
Recommended Lenders:
http://www.rocklandcommercial.com
http://www.californiaprivatemoneyloan.com
http://www.interestratepolice.com
Counties and Cities Served
Alameda County
Alameda
Albany
Berkeley
Dublin
Emeryville
Fremont
Hayward
Livermore
Newark
Oakland
Piedmont
Pleasanton
San Leandro
Union City
Hard money loans are available for property in Alameda County.
Alpine County
No matter what county your property is in, including Alpine, we can help fund a loan in most cases.
Amador County
Amador City
Ione
Jackson
Plymouth
Sutter Creek
We are able to fund loans on land, residential and commercial properties across the state of California, including in Amador County.
Butte County
Chico
Gridley
Oroville
Paradise
We have extensive experience in most California counties including Butte. Call us for more information on what loans may or may not be available.
Calaveras County
Angels Camp
We can fund hard money loans on Calaveras county residential and commercial real estate
Colusa County
Colusa
Williams
Let us be your last stop in your pursuit of a hard money loan.
Contra Costa County
Antioch
Brentwood
Clayton
Concord
Danville
El Cerrito
Hercules
Lafayette
Martinez
Moraga
Orinda
Pinole
Pittsburg
Pleasant Hill
Richmond
San Pablo
San Ramon
Walnut Creek
Looking for a Contra Costa County hard money lender? Let us help you with the financing you are looking for.
Del Norte County
Crescent City
No matter what county your property is in, including Del Norte, we can help fund a loan in most cases.
El Dorado County
Placerville
South Lake Tahoe
We have extensive experience in most California counties including El Dorado. Call us for more information on what loans may or may not be available.
Fresno County
Clovis
Coalinga
Firebaugh
Fowler
Fresno
Huron
Kerman
Kingsburg
Mendota
Orange Cove
Parlier
Reedley
San Joaquin
Sanger
Selma
Fresno County private money loans are available on most property types.
Glenn County
Orland
Willows
We are able to fund loans on land, residential and commercial properties across the state of California, including in Glenn County.
Humboldt County
Arcata
Blue Lake
Eureka
Ferndale
Fortuna
Rio Dell
Trinidad
Let us be your last stop in your pursuit of a hard money loan.
Imperial County
Brawley
Calexico
Calipatria
El Centro
Holtville
Westmorland
Hard money loans are available for property in Imperial County.
Inyo County
Bishop
We can fund hard money loans on Inyo county residential and commercial real estate
Kern County
Arvin
Bakersfield
California City
Delano
Kern County
Maricopa
McFarland
Ridgecrest
Shafter
Taft
Tehachapi
Wasco
Looking for a Kern County hard money lender? Let us help you with the financing you are looking for.
Kings County
Avenal
Corcoran
Hanford
Lemoore
Let us be your last stop in your pursuit of a hard money loan.
Lake County
Clearlake
Lakeport
Lake County private money loans are available on most property types.
Lassen County
Susanville
Let us be your last stop in your pursuit of a hard money loan.
Los Angeles County
Agoura Hills
Alhambra
Arcadia
Artesia
Azusa
Baldwin Park
Bell
Bell Gardens
Bellflower
Beverly Hills
Bradbury
Burbank
Calabas
Carson
Cerritos
Claremont
Commerce
Compton
Covina
Cudahy
Culver City
Diamond Bar
Downey
Duarte
El Monte
El Segundo
Gardena
Glendale
Glendora
Hawaiian Gardens
Hawthorne
Hermosa Beach
Hidden Hills
Huntington Park
Industry
Inglewood
Irwindale
La Canada
Flintridge
La Habra Heights
La Mirada
La Puente
La Verne
Lakewood
Lancaster
Lawndale
Lomita
Long Beach
Los Angeles
Lynwood
Malibu
Manhattan Beach
Maywood
Monrovia
Montebello
Monterey Park
Norwalk
Palmdale
Palos Verdes Estates
Paramount
Pasadena
Pico Rivera
Pomona
Rancho Palos Verdes
Redondo Beach
Rolling Hills
Rolling Hills Estates
Rosemead
San Dimas
San Fernando
San Gabriel
San Marino
Santa Clarita
Santa Fe Springs
Santa Monica
Sierra Madre
Signal Hill
South El Monte
South Gate
South
Pasadena
Temple City
Torrance
Vernon
Walnut
West Covina
West Hollywood
Westlake Village
Whittier
We are able to fund loans on land, residential and commercial properties across the state of California, including in Los Angeles County.
Madera County
Chowchilla
Madera
No matter what county your property is in, including Madera, we can help fund a loan in most cases.
Marin County
Belvedere
Corte Madera
Fairfax
Larkspur
Mill Valley
Novato
Ross
San Anselmo
San Rafael
Sausalito
Tiburon
Hard money loans are available for property in Marin County.
Mariposa County
Let us be your last stop in your pursuit of a hard money loan.
Mendocino County
Fort Bragg
Point Arena
Ukiah
Willits
We can fund hard money loans on Mendocino county residential and commercial real estate
Merced County
Atwater
Dos Palos
Gustine
Livingston
Los Banos
Merced
Merced County private money loans are available on most property types.
Modoc County
Alturas
Hard money loans are available for property in Modoc County.
Mono County
Mammoth Lakes
No matter what county your property is in, including Mono, we can help fund a loan in most cases.
Monterey County
Carmel
Del Rey Oaks
Gonzales
Greenfield
King City
Marina
Monterey
Pacific Grove
Salinas
Sand City
Seaside
Soledad
We are able to fund loans on land, residential and commercial properties across the state of California, including in Monterey County.
Napa County
American Canyon
Calistoga
Napa
St. Helena
Yountville
Let us be your last stop in your pursuit of a hard money loan.
Nevada County
Grass Valley
Nevada City
Truckee
We can give you quick answers on loan options regarding Nevada County property with a quick phone call.
Orange County
Anaheim
Brea
Buena Park
Costa Mesa
Cypress
Dana Point
Fountain Valley
Fullerton
Garden Grove
Huntington Beach
Irvine
La Habra
La Palma
Laguna Beach
Laguna Hills
Laguna Niguel
Lake Forest
Los Alamitos
Mission Viejo
Newport Beach
Orange
Placentia
San Clemente
San Juan Capistrano
Santa Ana
Seal Beach
Stanton
Tustin
Villa Park
Westminster
Yorba Linda
Let us be your last stop in your pursuit of a hard money loan.
Placer County
Auburn
Colfax
Lincoln
Loomis
Rocklin
Roseville
Placer County private money loans are available on most property types.
Plumas County
Portola
We can fund hard money loans on Plumas county residential and commercial real estate
Riverside County
Banning
Beaumont
Blythe
Calimesa
Canyon Lake
Cathedral City
Coachella
Corona
Desert Hot Springs
Hemet
Indian Wells
Indio
La Quinta
Lake Elsinore
Moreno Valley
Murrieta
Norco
Palm Desert
Palm Springs
Perris
Rancho Mirage
Riverside
San Jacinto
Temecula
Hard money loans are available for property in Riverside County.
Sacramento County
Folsom
Galt
Isleton
Sacramento
We have extensive experience in most California counties including Sacramento. Call us for more information on what loans may or may not be available.
San Benito County
Hollister
San Juan Bautista
We are able to fund loans on land, residential and commercial properties across the state of California, including in San Benito County.
San Bernardino County
Adelanto
Apple Valley
Barstow
Big Bear Lake
Chino
Chino Hills
Colton
Fontana
Grand Terrace
Hesperia
Highland
Loma Linda
Montclair
Needles
Ontario
Rancho Cucamonga
Redlands
Rialto
San Bernardino
Twentynine Palms
Upland
Victorville
Yucaipa
Yucca Valley
Let us be your last stop in your pursuit of a hard money loan.
San Diego County
Carlsbad
Chula Vista
Coronado
Del Mar
El Cajon
Encinitas
Escondido
Imperial Beach
La Mesa
Lemon Grove
National City
Oceanside
Poway
San Diego
San Marcos
Santee
Solana Beach
Vista
Hard money loans are available for property in San Diego County.
San Francisco County
San Francisco
San Francisco County private money loans are available on most property types.
San Joaquin County
Escalon
Lathrop
Lodi
Manteca
Ripon
Stockton
Tracy
We have extensive experience in most California counties including San Joaquin. Call us for more information on what loans may or may not be available.
San Luis Obispo County
Arroyo Grande
Atascadero
Grover Beach
Morro Bay
Paso Robles
Pismo Beach
San Luis Obispo
Let us be your last stop in your pursuit of a hard money loan.
San Mateo County
Atherton
Belmont
Brisbane
Burlingame
Colma
Daly City
East Palo Alto
Foster City
Half Moon Bay
Hillsborough
Menlo Park
Millbrae
Pacifica
Portola Valley
Redwood City
San Bruno
San Carlos
San Mateo
South San Francisco
Woodside
We can fund hard money loans on San Mateo county residential and commercial real estate
Santa Barbara County
Buellton
Carpinteria
Guadalupe
Lompoc
Santa Barbara
Santa Maria
Solvang
Let us be your last stop in your pursuit of a hard money loan.
Santa Clara County
Campbell
Cupertino
Gilroy
Los Altos
Los Altos Hills
Los Gatos
Milpitas
Monte Sereno
Morgan Hill
Mountain View
Palo Alto
San Jose
Santa Clara
Saratoga
Sunnyvale
We are able to fund loans on land, residential and commercial properties across the state of California, including in Santa Clara County.
Santa Cruz County
Capitola
Santa Cruz
Scotts Valley
Watsonville
We have extensive experience in most California counties including Santa Cruz. Call us for more information on what loans may or may not be available.
Shasta County
Anderson
Redding
Shasta Lake
Shasta County private money loans are available on most property types.
Sierra County
Loyalton
Let us be your last stop in your pursuit of a hard money loan.
Siskiyou County
Dorris
Dunsmuir
Etna
Fort Jones
Montague
Mount Shasta
Tulelake
Weed
Yreka
We can give you quick answers on loan options regarding Siskiyou County property with a quick phone call.
Solano County
Benicia
Dixon
Fairfield
Rio Vista
Suisun City
Vacaville
Vallejo
Let us be your last stop in your pursuit of a hard money loan.
Sonoma County
Cloverdale
Cotati
Healdsburg
Petaluma
Rohnert Park
Santa Rosa
Sebastopol
Sonoma
Windsor
We have extensive experience in most California counties including Sonoma. Call us for more information on what loans may or may not be available.
Stanislaus County
Ceres
Hughson
Modesto
Newman
Oakdale
Patterson
Riverbank
Turlock
Waterford
We can fund hard money loans on Stanislaus county residential and commercial real estate
Sutter County
Live Oak
Yuba City
We are able to fund loans on land, residential and commercial properties across the state of California, including in Sutter County.
Tehama County
Corning
Red Bluff
Tehama
Tehama County private money loans are available on most property types.
Trinity County
We can give you quick answers on loan options regarding Trinity County property with a quick phone call.
Tulare County
Dinuba
Exeter
Farmersville
Lindsay
Porterville
Tulare
Visalia
Woodlake
We have extensive experience in most California counties including Tulare. Call us for more information on what loans may or may not be available.
Tuolumne County
Sonora
Looking for a Tuolumne County hard money lender? Let us help you with the financing you are looking for.
Ventura County
Camarillo
Fillmore
Moorpark
Ojai
Oxnard
Port Hueneme
Santa Paula
Simi Valley
Thousand Oaks
Ventura
No matter what county your property is in, including Ventura, we can help fund a loan in most cases.
Yolo County
Davis
West Sacramento
Winters
Woodland
Hard money loans are available for property in Yolo County.
Yuba County
Marysville
Wheatland
Let us be your last stop in your pursuit of a hard money loan.
Wednesday, June 8, 2011
Hard Money: Borrowers Solution for Low Credit, Foreclosure and Bankruptcy
A couple from Palmdale, California called my office Monday afternoon asking if we can help them save their home. They are delayed in their mortgage payments for 3 months and their house is in foreclosure. They have kids, they love their house, and they don't want to move anywhere else. They have low credit, in foreclosure and have high debt ratio so banks turned them down. Knowing the urgency of the couple's situation, I started asking them questions about their financial situation, what affected their credit, how much mortgages they owe, liens, collections, judgments, etc. At the end of our phone call conversation, I told the borrower that we can get them a loan through hard money investors. The borrower was surprised to hear that they finally can get a loan and avoid losing their home. Applying for a loan through regular banks is subject to limited loan to value, debt ratio, income documentation and credit rating guidelines. For homeowners or borrowers who have low credit rating, in notice of default, foreclosure or bankruptcy, they will immediately get declined by banks. Does it mean that they cannot get a loan and lose their home? Absolutely NO!
Hard money or private money loan is the solution for low credit borrowers and who are in financial distress such as notice of default, foreclosure, bankruptcy, credit delinquency, judgments, collections, tax liens, etc. Hard money is equity based, non-fico based lending. As long as the borrower has equity left in the house after the deductions of all mortgages owed, liens, charge offs and collections, interest payment delays, and prepayment penalty. Hard money represents hard-earned money of individual investors, groups, corporations, insurance companies, and hedge fund managers who are able to offer financing based on equity or collateral from the borrower.
Hard money investors or lenders have a standard 65% Loan To Value(LTV). In some cases there are investors who can go up to 70-75% LTV. For hard money investors to go up to 80-90%LTV, they will demand to be on title to secure their investment. At 65%LTV, it is possible to submit a loan as stated income. Beyond 65%LTV will require full income and asset documentation. For borrowers who are going through financial hardship such as employment termination/downsizing, medical emergencies, natural disasters, divorce, business loss, or other valid circumstance that puts them in financial distress, hard money lenders are willing to work with them as long as they show an ability to repay the loan or have an 'exit strategy' when the term is over.
Hard money is short term financing, usually within 6 months to 1 year, although 2 or 3 year terms are also available. The purpose of obtaining a hard money loan is to provide immediate solution to foreclosure or low credit borrower that needs immediate cash to payoff debts or the existing loan has already mature and needs to be paid off.
Hard money is the last recourse for borrowers if they can't get regular bank financing. Hard money or private money loans are much higher in rates and points. The rate can range from 8.5, 11, 12, 13 up to 15% depending on loan to value and income documentation. Although hard money is non-fico based which can go below 500 mid score, the credit history of the borrower can also affect the rate that they are getting. The high rates and points for hard money is an investment caution for hard money lenders or private investors. High risk borrowers present a potential headache to the investors when they default in payment. Going through the foreclosure proceedings, attorney fees and selling the property turnaround time are factors that bring high liability to hard money lenders.
The reality of hard money is ‘high return vs. high risk’ business relationship. Hard money lenders or private investors are willing to take on high risks as long as it's a good investment return. Not all borrowers have good paying ability, which caused the private investors to charge higher rates to prepare for future risks and carry the property through foreclosure and re-sell the property. If refinancing for hard money will not work for homeowners/borrowers who are in notice of default, foreclosure or bankruptcy, there are other creative ways that they can get help from hard money investors. Such creative ways may include a sale contract, lease purchase or the investor going on title and giving time for the homeowner to sell the property. These are not easy to do but can be done if the homeowner doesn't have other options. The advantages of hard money loan allow the borrower to get out from financial distress by paying off debts, save home from foreclosure, avoid bankruptcy, and ability to rebuild credit within 6 months to 1 year timeframe. Hard money offers a 'great rescue' for homeowners and borrowers during hard times.
Hard money or private financing is available for both residential and commercial properties. Common loan programs include Raw Land, Construction, High End Million Dollar Estates, Apartments, Hotels, Motels, Mixed Use Properties, Office Building, Shopping Mall, Mobile Homes in Park, Gas Station, Restaurant, Hospitals, Golf Courses, Casinos, Convalescent Homes, Grocery Stores, Manufactured Homes, and even Business Loans.
Hard money or private money loan is the solution for low credit borrowers and who are in financial distress such as notice of default, foreclosure, bankruptcy, credit delinquency, judgments, collections, tax liens, etc. Hard money is equity based, non-fico based lending. As long as the borrower has equity left in the house after the deductions of all mortgages owed, liens, charge offs and collections, interest payment delays, and prepayment penalty. Hard money represents hard-earned money of individual investors, groups, corporations, insurance companies, and hedge fund managers who are able to offer financing based on equity or collateral from the borrower.
Hard money investors or lenders have a standard 65% Loan To Value(LTV). In some cases there are investors who can go up to 70-75% LTV. For hard money investors to go up to 80-90%LTV, they will demand to be on title to secure their investment. At 65%LTV, it is possible to submit a loan as stated income. Beyond 65%LTV will require full income and asset documentation. For borrowers who are going through financial hardship such as employment termination/downsizing, medical emergencies, natural disasters, divorce, business loss, or other valid circumstance that puts them in financial distress, hard money lenders are willing to work with them as long as they show an ability to repay the loan or have an 'exit strategy' when the term is over.
Hard money is short term financing, usually within 6 months to 1 year, although 2 or 3 year terms are also available. The purpose of obtaining a hard money loan is to provide immediate solution to foreclosure or low credit borrower that needs immediate cash to payoff debts or the existing loan has already mature and needs to be paid off.
Hard money is the last recourse for borrowers if they can't get regular bank financing. Hard money or private money loans are much higher in rates and points. The rate can range from 8.5, 11, 12, 13 up to 15% depending on loan to value and income documentation. Although hard money is non-fico based which can go below 500 mid score, the credit history of the borrower can also affect the rate that they are getting. The high rates and points for hard money is an investment caution for hard money lenders or private investors. High risk borrowers present a potential headache to the investors when they default in payment. Going through the foreclosure proceedings, attorney fees and selling the property turnaround time are factors that bring high liability to hard money lenders.
The reality of hard money is ‘high return vs. high risk’ business relationship. Hard money lenders or private investors are willing to take on high risks as long as it's a good investment return. Not all borrowers have good paying ability, which caused the private investors to charge higher rates to prepare for future risks and carry the property through foreclosure and re-sell the property. If refinancing for hard money will not work for homeowners/borrowers who are in notice of default, foreclosure or bankruptcy, there are other creative ways that they can get help from hard money investors. Such creative ways may include a sale contract, lease purchase or the investor going on title and giving time for the homeowner to sell the property. These are not easy to do but can be done if the homeowner doesn't have other options. The advantages of hard money loan allow the borrower to get out from financial distress by paying off debts, save home from foreclosure, avoid bankruptcy, and ability to rebuild credit within 6 months to 1 year timeframe. Hard money offers a 'great rescue' for homeowners and borrowers during hard times.
Hard money or private financing is available for both residential and commercial properties. Common loan programs include Raw Land, Construction, High End Million Dollar Estates, Apartments, Hotels, Motels, Mixed Use Properties, Office Building, Shopping Mall, Mobile Homes in Park, Gas Station, Restaurant, Hospitals, Golf Courses, Casinos, Convalescent Homes, Grocery Stores, Manufactured Homes, and even Business Loans.
Tuesday, June 7, 2011
guide in forex market
Forex trading, also known under the names of Foreign exchange or FX market is the widest currency market in the world, with transactions summing more than one and a half million dollars every day. Regarding the "location" of the Forex trading market, it should be mentioned that it is an actual over-the-counter market, since trades are conducted between two counterparts.Forex trading works quite fast and can be easily operated, plus, it implies no fees and no commissions, so traders are welcomed to operate as often as they want.There are the traders who are basically following the economical aspects and who pay a lot of attention to the economical trends of the moments. On the other hand, there are the technical traders, who operate regarding various mathematically-based charts and analysis that help them identify the surest ways to the desired profits.You can select your pair of currencies and your amount whether the market is moving up or moving down - and still make a profit. You can decide to buy Euro and sell dollar or buy dollar and sell Euro. Additionally, it is not necessary that physically have the currency in hand that you choose to buy and sell. The quickest and by far easiest way to get started is to find a Forex market site, open an account, deposit your money, and then just start trading. Most reputable companies will provide you with training, support, and advice to help you get started.Trading online necessarily requires you to have the best computer. You need no install all the hardware. For example you will not need a DVD writer to trade online. But there are a few things that you must not compromise on. First have a wide screen monitor. This helps you to see the maximum amount of data at one point of time. Or you will need to minimize and maximize the windows. Next we come to the processor. A decent level processor should be good enough. Anything upwards of 2 GHz will work.
What you will need is speed and that will be provided by the RAM you have. Nothing less than 1 GB will do. Ideally it should be 2 GB or more. The hard disk should also have plenty of space. Go for at least 100 GB of HDD space. And try to keep the HDD as free as possible and don't run too many programs at a time, definitely not while trading. A video card will allow you to get the best live feeds.Now more people are involved in trading than ever before. And the reasons are quite apparent. One does not need to leave his house to do trading. There is no paperwork to be handled. One can trade at anytime of the day, whenever he is free and feels like. And one need not bother about what his broker is offering and how much commission he is charging.
What you will need is speed and that will be provided by the RAM you have. Nothing less than 1 GB will do. Ideally it should be 2 GB or more. The hard disk should also have plenty of space. Go for at least 100 GB of HDD space. And try to keep the HDD as free as possible and don't run too many programs at a time, definitely not while trading. A video card will allow you to get the best live feeds.Now more people are involved in trading than ever before. And the reasons are quite apparent. One does not need to leave his house to do trading. There is no paperwork to be handled. One can trade at anytime of the day, whenever he is free and feels like. And one need not bother about what his broker is offering and how much commission he is charging.
Monday, June 6, 2011
Got Wealth?
The last ten years has seen massive wealth growth in the United States. This brings up the issue of wealth planning, particularly from a tax perspective.
Got Wealth?
There is little doubt that the overall wealth of a significant percentage of Americans has grown like a weed in your garden over the last 10 years. There are a variety of reasons for this growth. Real estate appreciation has set historical records. Stock options are creating massive paper wealth, while also creating tax nightmares. Demographically, a bulge in our population, the baby boomers, are reaching retirement age. Regardless of the reason, wealth planning is becoming a big issue for many people.
Wealth planning strategies tend to be very detail oriented. They also tend to be an option only for certain situations. As a result, you need to speak with a professional regarding each particular strategy to determine if they are of assistance to your situation. These techniques are not universal solutions like stuffing money into a 401k, so don’t take them as such. Let’s take a look at one popular strategy.
Once wealth planning strategy that is very popular deals with real estate. The strategy focuses on making a fixed asset, the equity in your home, grow. Many homeowners do not realize that the equity in their home is not growing. Instead, it is the value of your home that grows, which creates ADDITIONAL equity. Let’s look at an example.
Assume I own a home worth $1,000,000 and have $500,000 in equity. The equity is just sitting there. It does not grow. If the value of the home drops to $900,000, I still have the same amount of equity. If the home appreciates by $100,000, I get an additional $100,000 in equity because the house increased in value, not because my original $500,000 grew in any way. If you can get your mind around this concept, you will realize the problem.
The strategy for this situation involves turning the equity in your home into a growing asset without taking on any additional risk. The process is very simple, but a masterful one. You refinance the home to remove as much of the equity as possible. The equity is then put into no risk custom life insurance product. It grows tax free in the product, which is based on the performance of the stock market. If the stock market has a negative annual return, the insurance policy is tailored to eliminate the risk by setting your annual gain or loss at zero. Put another way, if the market loses 10 percent this year, you lose nothing.
This simple strategy is a tremendous way to double the wealth you gain on your home. Instead of just being happy with the appreciation, you get both appreciation and the tax free gains in the insurance policy. In laymen’s terms, this lets you leverage your property for double gains.
Wealth planning strategies are very subject specific. The above one works with real estate, but no other subject. To identify the best solutions for your situation, you should consult with a top tax attorney, financial planner or accountant.
Got Wealth?
There is little doubt that the overall wealth of a significant percentage of Americans has grown like a weed in your garden over the last 10 years. There are a variety of reasons for this growth. Real estate appreciation has set historical records. Stock options are creating massive paper wealth, while also creating tax nightmares. Demographically, a bulge in our population, the baby boomers, are reaching retirement age. Regardless of the reason, wealth planning is becoming a big issue for many people.
Wealth planning strategies tend to be very detail oriented. They also tend to be an option only for certain situations. As a result, you need to speak with a professional regarding each particular strategy to determine if they are of assistance to your situation. These techniques are not universal solutions like stuffing money into a 401k, so don’t take them as such. Let’s take a look at one popular strategy.
Once wealth planning strategy that is very popular deals with real estate. The strategy focuses on making a fixed asset, the equity in your home, grow. Many homeowners do not realize that the equity in their home is not growing. Instead, it is the value of your home that grows, which creates ADDITIONAL equity. Let’s look at an example.
Assume I own a home worth $1,000,000 and have $500,000 in equity. The equity is just sitting there. It does not grow. If the value of the home drops to $900,000, I still have the same amount of equity. If the home appreciates by $100,000, I get an additional $100,000 in equity because the house increased in value, not because my original $500,000 grew in any way. If you can get your mind around this concept, you will realize the problem.
The strategy for this situation involves turning the equity in your home into a growing asset without taking on any additional risk. The process is very simple, but a masterful one. You refinance the home to remove as much of the equity as possible. The equity is then put into no risk custom life insurance product. It grows tax free in the product, which is based on the performance of the stock market. If the stock market has a negative annual return, the insurance policy is tailored to eliminate the risk by setting your annual gain or loss at zero. Put another way, if the market loses 10 percent this year, you lose nothing.
This simple strategy is a tremendous way to double the wealth you gain on your home. Instead of just being happy with the appreciation, you get both appreciation and the tax free gains in the insurance policy. In laymen’s terms, this lets you leverage your property for double gains.
Wealth planning strategies are very subject specific. The above one works with real estate, but no other subject. To identify the best solutions for your situation, you should consult with a top tax attorney, financial planner or accountant.
Sunday, June 5, 2011
Good Stock Buys are the ones that make you more money than leaving it in the savings account!
You don't have to be a financial wizard to know that your money isn't going to earn a very high return sitting nice and safely in your local bank or credit union. Of course, there's a lot to be said for not having to worry about if your money will be waiting for you as banks are notoriously risk adverse. There is also the issue of the federal governments guarantee that you money will be waiting. This is also known as the Federal Deposit Insurance Corporation or FDIC.
Now the FDIC is NOT really insurance and the money it has available can cover about 1-3% maximum of the total monies it has guaranteed. No one except the federal government could get away with such low reserves and continue in business. That said, understand that the FDIC, for all intents and purposes IS the government.
If however you need to have your money grow, and who doesn't, it's necessary to increase your net worth. Whether it's for retirement, a home, your children's college education or a vacation, you should consider learning about stock market trading.
According to most estimates, you can expect to earn an average of 10 to 12 percent annually from stock market trading -- even with a very conservative portfolio. When you compare those returns to the three or four percent interest that the typical savings account pays, you can easily see why stock market trading is the better option. So we're talking about a solid return on investment several times what can be obtained at the local savings and load.
Getting involved in stock market trading is very straightforward and uncomplicated. All of the major brokerage firms maintain web sites that make it easy to compare rates and fees. You can just sign up with one of these firms, talk to a broker to discuss your financial goals, and then let the firm do all the work. If you want to be more hands-on, there are even do-it-yourself stock market trading web sites where you can make trades with just a few clicks of the mouse. Whichever route you choose, you should be able to start building your portfolio within a few days.
The key however is to practice first and THEN invest. Several web sites are available that for a small fee, you can trade an imaginary account that is linked to the actual action on the various stock markets. This was, you are able to hone the trading skills necessary to be successful. It also protects capital and keeps the losses just on paper and not real money.
By starting with a practice account, you can gain confidence in your ability and find out what style of investing is most comfortable. People just like you have been increasing their net worth through stock market trading for decades. If your money is currently languishing in your bank account, it might be time to put it to work for you. Get into stock market trading now, and start building up a portfolio that will be able to support you and your family well into the future.
Now the FDIC is NOT really insurance and the money it has available can cover about 1-3% maximum of the total monies it has guaranteed. No one except the federal government could get away with such low reserves and continue in business. That said, understand that the FDIC, for all intents and purposes IS the government.
If however you need to have your money grow, and who doesn't, it's necessary to increase your net worth. Whether it's for retirement, a home, your children's college education or a vacation, you should consider learning about stock market trading.
According to most estimates, you can expect to earn an average of 10 to 12 percent annually from stock market trading -- even with a very conservative portfolio. When you compare those returns to the three or four percent interest that the typical savings account pays, you can easily see why stock market trading is the better option. So we're talking about a solid return on investment several times what can be obtained at the local savings and load.
Getting involved in stock market trading is very straightforward and uncomplicated. All of the major brokerage firms maintain web sites that make it easy to compare rates and fees. You can just sign up with one of these firms, talk to a broker to discuss your financial goals, and then let the firm do all the work. If you want to be more hands-on, there are even do-it-yourself stock market trading web sites where you can make trades with just a few clicks of the mouse. Whichever route you choose, you should be able to start building your portfolio within a few days.
The key however is to practice first and THEN invest. Several web sites are available that for a small fee, you can trade an imaginary account that is linked to the actual action on the various stock markets. This was, you are able to hone the trading skills necessary to be successful. It also protects capital and keeps the losses just on paper and not real money.
By starting with a practice account, you can gain confidence in your ability and find out what style of investing is most comfortable. People just like you have been increasing their net worth through stock market trading for decades. If your money is currently languishing in your bank account, it might be time to put it to work for you. Get into stock market trading now, and start building up a portfolio that will be able to support you and your family well into the future.
Saturday, June 4, 2011
Getting Your Home Listed On The Multiple Listing Service
Getting your home listed on the multiple listing service (MLS) used by realtors all over the country, you are gaining access to thousands of realtors, brokers, and thus their customers who are ready to buy. Basically, whether you are using a realtor or selling on your own, getting listed on MLS is a must. Most home buyers begin their search on the internet, so this listing is absolutely crucial to getting proper exposure for your home.
There are many options for getting on the MLS. If you hire a realtor, he or she will get you on MLS immediately. Realtors know the exposure that comes from the listing and that is why they spend the money and time to have access to it for viewing and listing as well. The listing does not really cost you, but you will be stuck paying as much as 6% commission on the sale of your home.
The best way to save money is to get your free MLS listing online. How, though, can you do that? The answer, to be simple, is that it depends. It depends on what kind of home you are selling, where you are selling it, and what is going on with the local market. So, then how do you get your free MLS listing online?
First of all, if you are selling an investment or vacation property, you can get free listing on MLS in most cases. As opposed to private residential properties, MLS allows the investment and vacation properties to go up with no fee.
Secondly, do some research about the area where you are selling. In some cases, if the market conditions are right, there will be free listing available for certain states or certain municipalities. Ask about your area or research it online yourself. If you are in such an area, you have to do nothing more than logon and get your property up.
Another way of getting your free MLS listing online is to look for trial listing options. Sometime, if you keep your eyes open, you will find that there are times when you can list for free for a couple of weeks. A couple of weeks may seem short, but it really can be long enough to get you the exposure you need. If you happen live in a popular area, that two weeks could even be more than enough. So the key is to pay attention for deals and trial offers.
Getting your free MLS listing online can save you a lot of time, a lot trouble, and a lot of money. If, rather than getting your free MLS listing online, you were to pay for a flat fee listing, it could cost you nearly a thousand dollars to do so. If you chose to go the way of hiring a realtor, you run into the problem of having access and being listed, but having to pay a hefty commission on the sale of the home once it is done. So look for a deal, and find a way to get yourself listed for free on MLS if only for a short time. It will be worth it.
There are many options for getting on the MLS. If you hire a realtor, he or she will get you on MLS immediately. Realtors know the exposure that comes from the listing and that is why they spend the money and time to have access to it for viewing and listing as well. The listing does not really cost you, but you will be stuck paying as much as 6% commission on the sale of your home.
The best way to save money is to get your free MLS listing online. How, though, can you do that? The answer, to be simple, is that it depends. It depends on what kind of home you are selling, where you are selling it, and what is going on with the local market. So, then how do you get your free MLS listing online?
First of all, if you are selling an investment or vacation property, you can get free listing on MLS in most cases. As opposed to private residential properties, MLS allows the investment and vacation properties to go up with no fee.
Secondly, do some research about the area where you are selling. In some cases, if the market conditions are right, there will be free listing available for certain states or certain municipalities. Ask about your area or research it online yourself. If you are in such an area, you have to do nothing more than logon and get your property up.
Another way of getting your free MLS listing online is to look for trial listing options. Sometime, if you keep your eyes open, you will find that there are times when you can list for free for a couple of weeks. A couple of weeks may seem short, but it really can be long enough to get you the exposure you need. If you happen live in a popular area, that two weeks could even be more than enough. So the key is to pay attention for deals and trial offers.
Getting your free MLS listing online can save you a lot of time, a lot trouble, and a lot of money. If, rather than getting your free MLS listing online, you were to pay for a flat fee listing, it could cost you nearly a thousand dollars to do so. If you chose to go the way of hiring a realtor, you run into the problem of having access and being listed, but having to pay a hefty commission on the sale of the home once it is done. So look for a deal, and find a way to get yourself listed for free on MLS if only for a short time. It will be worth it.
Friday, June 3, 2011
Getting To Know Your Business Credit Card
Business owners are becoming increasingly dependent on business credit cards, albeit not quite to the extent that individual consumers rely on their personal credit cards. This dependence on business credit cards is mainly due to its usefulness in transacting and because it provides instant credit when needed. Realizing the huge potential of the small business market, more and more credit card issuers have come up with business credit card packages specifically designed to meet the needs of business owners.
If the credit card companies are correct in their predictions, business credit cards will become an essential tool for conducting business going into the future. Business owners may as well familiarize themselves with the basic benefits of business credit cards, to assist them in choosing a package best suited to their needs.
Cash flow when cash is low
Business credit cards offer a financial life line when an urgent expense needs to be incurred and the cash flow is temporarily impaired. It is also not uncommon for entrepreneurs to employ business credit cards in helping them get a business off the ground. Naturally a solid and sufficiently convincing business plan will be required with which to persuade a business credit card company to issue a business credit card for this purpose.
Earn as you spend
Business credit cards with various reward options are very popular. Many business owners appreciate the savings that these business credit cards offer in terms of airline tickets, hotel stays, car rentals, gasoline purchases, office supplies, printing, courier services, and more. There are variations to these reward options, but one can compare the different business credit card features and apply for the business credit card that best suits the business’ needs.
Credit when you need it
Companies that issue business credit cards know that businesses need more funding than individual consumers do. For this reason, higher spending limits exist on business credit cards when compared to those of personal credit cards. It is reassuring to know that the business has the ability to cover an expense – even if it is unexpected and substantial. Some business credit card issuers even allow business owners to cover overdrafts on their checking accounts by means of a cash advance drawn against the available credit on their business credit cards.
Access to business resources
If you’ve ever visited the web sites of business credit cards issuers, especially those belonging to the big banks, you will have noticed that they offer expert assistance to small businesses. This includes information on market research methods, business plan preparation, cash flow management and so forth. These valuable resources are available to holders of their business credit cards free of charge.
Both the application and the approval processes for business credit cards are quick and easy. It is time and effort well spent by any business owner. A business credit card has become an indispensable financial instrument, in every way. In addition to the direct benefits on offer, issuers of business credit cards also provide business owners with detailed, itemized statements at regular intervals. This is a great help in as far as bookkeeping is concerned. Provided that the business credit card, like any other financial instrument, is dealt with in a circumspect manner, it will enhance the potential of any business to succeed.
If the credit card companies are correct in their predictions, business credit cards will become an essential tool for conducting business going into the future. Business owners may as well familiarize themselves with the basic benefits of business credit cards, to assist them in choosing a package best suited to their needs.
Cash flow when cash is low
Business credit cards offer a financial life line when an urgent expense needs to be incurred and the cash flow is temporarily impaired. It is also not uncommon for entrepreneurs to employ business credit cards in helping them get a business off the ground. Naturally a solid and sufficiently convincing business plan will be required with which to persuade a business credit card company to issue a business credit card for this purpose.
Earn as you spend
Business credit cards with various reward options are very popular. Many business owners appreciate the savings that these business credit cards offer in terms of airline tickets, hotel stays, car rentals, gasoline purchases, office supplies, printing, courier services, and more. There are variations to these reward options, but one can compare the different business credit card features and apply for the business credit card that best suits the business’ needs.
Credit when you need it
Companies that issue business credit cards know that businesses need more funding than individual consumers do. For this reason, higher spending limits exist on business credit cards when compared to those of personal credit cards. It is reassuring to know that the business has the ability to cover an expense – even if it is unexpected and substantial. Some business credit card issuers even allow business owners to cover overdrafts on their checking accounts by means of a cash advance drawn against the available credit on their business credit cards.
Access to business resources
If you’ve ever visited the web sites of business credit cards issuers, especially those belonging to the big banks, you will have noticed that they offer expert assistance to small businesses. This includes information on market research methods, business plan preparation, cash flow management and so forth. These valuable resources are available to holders of their business credit cards free of charge.
Both the application and the approval processes for business credit cards are quick and easy. It is time and effort well spent by any business owner. A business credit card has become an indispensable financial instrument, in every way. In addition to the direct benefits on offer, issuers of business credit cards also provide business owners with detailed, itemized statements at regular intervals. This is a great help in as far as bookkeeping is concerned. Provided that the business credit card, like any other financial instrument, is dealt with in a circumspect manner, it will enhance the potential of any business to succeed.
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