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4 Things to Remember as a NewbieThis step is to determine how to use the income wisely once you start receiving them. First I must congratulate you for getting as far as you have since you are reading this step, and if you are not there yet, don't worry, you can read this for future reference. The first thing that comes to mind when receiving your first check might be "lets go spend it!!!". This course of action, however enjoyable, might not be fully advisable. [More] | Investors Lose Buying Market Leaders -- Stop Chasing PerformanceAs the year draws to a close, millions of mutual fund investors begin an annual event to divine next year's winners. Yet most of these individuals rely heavily on a time-honored – but terribly wrong – method of evaluating strength. Whether analyzing screening tools from websites, reviewing fund honor rolls in magazines, or using star ratings from fund analysts, normally savvy business people foolishly chase the returns of last year's hottest investments. [More] | Don't Overpay for a House, Even in Today's MarketObviously, this is a simplified example, but one that has been occurring over and over again in the last few years. I know that it's expensive right now to buy a house, no matter where you go. What do you do in this situation? I recommend looking for, and buying, a home that needs some work. You should look for houses that are selling at about 80% of the average market value in a neighborhood. These houses will generally need only cosmetic work, and maybe a few minor repairs, but you'll save on the price of the house and have extra equity right off the bat. Stay away from houses that need plumbing or electrical work, unless you know someone that will fix it for free. [More] |
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Getting Cash Flow From Your Property!
Getting Cash Flow From Your Property!
Betting on Increased Volatility Call options on the CBOE Volatility Index (VIX) are quite popular today, as nearly 30,000 contracts just at the November 15 strike have been traded thus far...(InvestingForLife Root InvestingForLife
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