realestatehnds.jpgReal Estate is one of the oldest forms of investing known to man.

Real Estate investing is easy and fortunes are made in a simple manner. For example, and investor decides that a desert area will eventually become an industrial development. He purchases a number of acres at a very low price. If his guess turns out to be correct, ten years later he sells the land hundred times more than what he paid for it. This can happen in any part of the country and is not an exceptional case.

As the population keeps growing, land prices continue to rise and it means that Real Estate will continue to offer one of the best investment opportunities. Compared to most forms of investment, Real Estate offers greater profit potential. Of course, not every piece of land will turn out to be a winner, and despite the great potential rewards in some cases risks are involved, so the necessity of careful study before invest.

One of the problems of Real Estate is lack of liquidity.

Liquid assists are those easily converted into cash like stocks or bonds. Most Real Estate investments take years before you can make some money, so it is not wise to tie up all your assets in this type of investment. Your financial situation will determine how much you can wisely invest in properties.

There is a difference between a land speculator and an investor.

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ks85113.jpgThere are many blogs and websites about “Financial Freedom”. I’ve come to notice that each site author has a slightly different definition of what Financial Freedom really is. So, my goal here is to just lay out in plain sight what my own idea for Financial Freedom is, so I might have a better chance of getting there myself.

My idea of Financial Freedom is the ability to choose to do what you wish with your life, without the need to think about if there is enough money to do what you want. In order to break down what this really means, you’ve got to really understand what money itself is.

Money is basically what makes the world go round.

If you had enough income piling into your bank account to meet your basic necessities, such as food, a place to live and clothes, how would life be different?

Now, you may be saying “but I do have enough money to provide for the necessities.” And you may be correct. But, the real question I want to ask is, “How do you get that money?” Is the income you earn each month Linear (i.e., from working in a job or a self-employed business type setting), or is it non-linear, leveraged, and passive?

My friend Jonathan from SmartWealthyRich recently wrote a post Gotta Get Goals which I really liked.

My entire goal is to create a lifestyle that does not require my presence.

How beautiful an idea is that?

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promo_cuathome.jpgHow do you stay safe Online? What are the dangers of Online Banking. Are you likely to have your cash stolen or even your identity? Find out how to stay safe when Internet Banking.

Internet banking has been around for a little over 10 years and in the last 3-5 years has become a common feature with every major bank in the world!

With Internet Banking you can access your bank account(s) using the internet from the comfort of your own home. Most banks offer almost all the features that are available when you visit the bank. You can transfer money between accounts, pay money in/out. Apply for a loan or overdraft/credit buffer, or order a cheque book or a new credit/debit card and these are just some of the features.

Many banks actually offer a much higher interest rate if you open an Internet Savings Account. This reduces their administration costs and in turn they can pass some of those savings to the customer.

But for most people, the real benefit of internet banking is that it eliminates the need to get in the car, drive to the bank, find somewhere to park, (and usually have to pay for that too) and queue for 30 minutes just to pay in a cheque or perform a simple transaction. Or, even worse have to book an appointment!

So, is Internet Banking a little too easy? Can others access your details?

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finance2.jpgWith interest rates still on the rise, now is the time to take a good look at your finances. You may find that there are some things that you need to change.

If you have debt that is affected by interest rate, you need to look at where it is going to take you. This is a good time to make an effort to start eliminating your debt.

Interest rates are raised to stimulate savings and slow down borrowing. That is exactly what you should be doing.

You may find that a substantial portion of your money is going towards credit card debt. With interest rates on the rise, you will be paying more to your credit cards.

Start with a little financial planning. Make a list of all of your credit cards and other unsecured debt. List each account including the payoff amount, monthly payment amount and interest rate charged.

There are two ways to start paying off your debt. If you need a boost to get you started, start paying off the smallest debts first. This gets you on a roll. It feels really great to mark off each account as it is paid off.

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Finance is :
A leader in providing credit.

Easy. 😀

The application of a set of techniques that individuals and organizations use.

Pleased to offer investments.

A frequently updated resource for auto financing.

Not a science.

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An entry into the popular personal finance management category of pocket pc and how it works.

Up at consumerism commentary.

A solution intended to control your personal finances.

A palm os program, which will help you to track, report, analyze.

A most comprehensive personal financial manager for pocket pc.

Really just a baby step.

This web site.

A leader in providing credit services to retailers and consumers.

Very much necessary in todays world for you to live your life smoothly.

A rapidly expanding field.

A money management and expense tracking software for palm.

Up! all web sites are the same?

Not an issue you should be forced to face when in a crisis like so many people.

A consumer magazine written.

The study of the process of how individuals and companies raise money.

A leading provider, under the get money brand, of credit services to consumers, retailers and automotive dealers around the world.

investingk.jpgINVESTMENT is the placing of capital for the purpose of getting some income return and/or an increase in the invested principal. Return in the form of interest constitutes a rental for the use of the money and as such has been socially acceptable for thousands of years; indeed, tablets and inscriptions from ancient Egyptian and at a specified rate was a common business transaction even in those days. The modern world contains many investment media; among them are real estate, commodities, bonds, stocks, and savings accounts.

All forms of investment have in common the following characteristics:

1. The amount in-vested, called the principal.

2. The rate of re-turn, usually stated as an annual rate in per cent.

3. The degree of risk.

4. The liquidity, or how quickly the investment may be converted into cash.

5. The capital gain, or increase in the value of the principal, sometimes termed the grown factor.

Assuming a certain principal amount, the other four factors vary widely with the nature of the investment.

In order to achieve high safety and high liquidity, growth and rate of return must be sacrificed. On the other hand should high return or growth be desired, it is equally apparent that some degree of safety and liquidity must be sacrificed. No investment will combine high safety with a high rate of return; these are always in inverse relationship, and it must be borne in mind that this is a basic fact of both savings and investment in general.

Related posts:
Make a Fortune in the Stock Market
Investing for Beginners is a Tough Challenge
Bulls and Bears – Primary Market Trends

cvas_lg.gifAs important as your saving and spending habits are, being truly financially responsible involves much more. To this end, I’ve put together some ways to cover your ass (ets).

Wealth Creation to Wealth Protection Equals Financial Planning

… This list is by no means exhaustive, but it’s a good starting point.

Do you have life and Disability Insurance Of course this really only applies if someone depends on you for support. I’m a big fan of life insurance. And don’t just rely on the insurance that you get through your employer… The base coverage may not be enough for your needs, and it’s also tied to your employment — lose your job and you’ll lose your insurance. Also, if you’re young and in good health, you can probably get a term policy for less money by shopping around instead of buying additional group through your employer.

“Life Insurance is like a parachute, if you don’t have it when you need it, its too late”.

For the average person the odds of suffering a debilitating injury are considerably higher than the odds of dying young. What if you couldn’t work? How would you get by? Long-term disability insurance covers your butt in the event of that you suffer, well, a long-term disability.

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f102246goals-runner-jumping-hurdles-posters.jpgIf you could reach just one goal in 2007, which one would it be? How much of a difference in your life would it make if you reached it?
Will 2007 be just another ho-hum year that started with good intentions? Or will it be YOUR Year! Your year to lose that weight you’re tired of carrying…start that business you’ve been talking about…get out of debt for good. Are you tired of being stuck in the same gear?

It’s a well known fact that the biggest reason most people fail to achieve any real success in their life is….they never plan to. They want to. They dream about it and fantasize about it. They talk about success. Maybe they even read success books, listen to success tapes and attend success seminars.

However, the sad fact is that unless a person has some incredible luck (like winning the lottery), their chances of succeeding without a plan are almost nil. But suppose you could spend a few hours over the next few weeks and easily and totally plan the kind of year you’re going to have in 2007.

What kind of year would you plan? Would you:Double or even triple your income. Start your own business. Build the dream home you’ve always talked about. Eliminate all your consumer debt. Marry the person of your dreams. Get in the best shape of your life. Take the vacation of a lifetime.

Sound too good to be true? Well, it is if you don’t have the right plan. Think about it. 2007 will be the best year ever for some people. They will achieve at levels they never thought possible just a few years ago. First, they will have a good plan built on solid principles. But they’ll also have something else. The critical difference. They’ll have a system of follow up and accountability that will help them put their plan into action (and keep taking action).

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funnymoney1.jpgWith money in your pocket, you are wise and you are handsome and you sing well, too. – Jewish Proverb.

I‘d like to live as a poor man with lots of money. – Pablo Picasso.

Anyone who says money can’t buy happiness just doesn’t know where to shop. – Unknown.

Organized crime in America takes in over forty billion dollars a year and spends very little on office supplies. – Woody Allen.

If you would like to know the value of money, go and try to borrow some. – Benjamin Franklin.

The only reason I made a commercial for American Express was to pay for my American Express bill. – Peter Ustinov.

Part of the $10 million I spent on gambling, part on booze and part on women. The rest I spent foolishly. – George Raft.

One of the strange things about life is that the poor, who need money the most, are the very ones that never have it. – Finley Peter Dunn.

We didn’t actually overspend our budget. The allocation simply fell short of our expenditure. – Keith Davis.

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