Credit Cards – Good, Bad or Neutral????
Let’s get one thing understood! Credit Cards have been invented by banks to make THEM money – that is the only reason they exist.
Real Estate – B (Example of Buying a House)
A house fits the definition of “Real Property”. There are two types of house properties: the first is the typical one – you are going to live in the house; the second is typical, too but is quite a bit different for your investment portfolio – you are not going to live in the house but you are going to lease it to someone else and they will pay you something to live in the house.
We are going to do an exercise on buying a house you to live in.
(We will be using each of the terms in “PITI”. If you need refreshing, see the previous post.)
Real Estate: Part A – Before You Start Investing
Before you start investing and using your nest egg to create a Stream of Income by using the opportunities presented by the Real Estate Market, you will need to embed these basics into your conscious and your sub-conscious.
Investing: Part C – Beyond The Basics of the Stock and Bond Markets
We continue on our exploration of investment vehicles, going deeper into methods of using the markets to improve your income. We aren’t experts in these methods so this article includes instructions for getting into touch with experts. It also gives basic definitions of terms you will need to know when you meet with those experts.
Investing: Part B – “Your Money has a Job in the Stock and Bond Markets!”
Investing is a very broad, complicated category. We will attempt simplicity. Investing in its most basic definition is taking your discretionary income and putting it into something or giving it to someone for the purpose of having the “something or someone” make a return on your money. There are many investments and they vary greatly.
Investing: Part A – “Your Money has a Job in a Financial Institution!”
You need funds, not skill, education, experience or locale. You do not need to work for anyone to do this. Not much time is required. Just decide how much you can invest, what you want to invest in, and who you trust to make your money grow. Then, you give your disposable income to them, sit back, and watch it grow.
The Many Ways to Earn Money — Employment
Employment is a contract between two parties, one being the employer and the other being the employee. A person in the service of another under any contract of hire, express or implied, oral or written, where the employer has the power or right to control and direct the employee in the material details of how the work is to be performed.
Network Marketing? Don’t you mean Pyramid Scheme?
No. MLM (Multi Level Marketing) does share some similarities with pyramid schemes, but there are key differences.