How to select good tenants? If you ever thought about investing in real estate, renting out your home or a room in your home, you should read this! Earning money from income property can make you rich or cause you a lot of problems! Late rent, bothering other tenants, destroying property in their unit and elsewhere are just some of the problems you can avoid! So take it seriously! Details, … [Read more...]
Recovering from a Massive Trading Loss
May 1, 2015 by
The most important element of successful trading is the ability to manage risk and maintain composure. Even the best traders in the world lose on a regular basis. Success in trading therefore is not about avoiding losses. In contrast, we must embrace the process of losing and learn to lose gracefully. The best traders are also the best losers. We learn that losing is simply a part of trading … [Read more...]
Thinking of Buying a Rental Property in a College Town? Do Your Research First
May 1, 2015 by
If you have kids in college, or kids about to go away to college and you’ve looked at the price of on-campus housing these days, you may have thought to yourself, “boy that’s expensive.” Then, the investment side of your brain kicks in and you start to wonder about the potential return on buying a house near the college and renting it out to your daughter and five of her friends. If you’ve mulled … [Read more...]
10 Things You Don’t Know about Money
May 1, 2015 by
You use money every day, yet you know very little about how to use it effectively! It should be no surprise that rich successful people spent the time and effort to learn about money. They do this without the benefit of a formal class or education. How do they do it? Simply said, they make an effort to learn about money. Here are 10 things you don’t know about money Credit cards are not evil … [Read more...]
Teaching Financial Literacy to Kids
May 1, 2015 by
Since this is National Financial Literacy Month, I thought I would start with a definition. “Financial Literacy is the ability to make informed judgments and effective decisions regarding the use and management of money”. Too many Americans are insufficiently educated about their personal finances.Why is it important and when should you learn it? Financial Literacy is a basic skill that is … [Read more...]
What You Can Learn from Kids
May 1, 2015 by
I love to watch kids play! They are so willing to take chances and push boundaries. It is fascinating to watch how they seem to discover a toy or something for the first time. Have you ever watched a child interact with a dog? They will pet the dog and laugh. Then it goes further until the dog signals he/she has had enough. Children are naturally curious! Children are great sales people! If … [Read more...]
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