Stock Market For Beginners – What Is The Stock Market?

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What is the stock market?

Wikipedia’s definition of “stock market” is as follows: A stock market or a capital market is a public entity (a free network of economic transactions, not a physical structure or a discrete entity) for trading stocks. company (stock) and derivatives an agreed price; these are securities listed on a stock exchange as well as those traded only privately.

Now that the definition of the stock market has been discussed, we will move on to some well-known topics that a beginning investor should know before starting his investment career:

* Becoming an avid reader of a quality source of investment news and information is vital to your success as a new stock investor. There is a lot to learn about the stock market and investing in stocks and a quality source of information about the stock market will help you immensely. Learn everything you can about investing before you start trading stocks and risk your money.

* Identify your investment objective. What are the real investment goals for your future? Create a game plan or action plan for your investment strategy and stick to it. Many beginners in the stock market tend to think about making quick money and short-term investments. While this is a nice thought, in fact, there are many beginners who lose money and never make a profit. A long-term strategy is often a better choice for stock market beginners, but it is not always so. What works for one investor may not work for another, and vice versa.

* Determine what kind of investment trader you will be. Want to be a day trader? Maybe you want to make headlines, buy and hold long-term stocks, or shake the trade. Whatever you put here will lead you on the path of learning how to trade stocks using your chosen investment style.

* The use of stock market tracking programs and programs for personal money management is strongly advised to any and all stock market investors. This helps to keep things in order and avoid any confusion with personal finances.

Once a start-up investor has done their homework, he or she will have a better chance of turning a profit into trading their stock. Often, the stock market for beginners is rough and tumble. Knowledge really is power and will only serve to help any potential stock trader you can make.

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18 Laws to Create Wealth to Make You Become and Remain Rich

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PART II of the Laws titled “HOW DO YOU PLAN YOUR WEALTH?” helped you plan for wealth.

Part III: HOW DO YOU CREATE YOUR WEALTH?

This is a ‘do’s and don’ts’ guide. With many of the basic principles time tested, these laws will teach you how to create and attract wealth using specific strategies and systems that bring results. They are so important that we will dwell a bit more on some of them.

Law 1: Teamwork: you need great people around you to help you succeed.

You need friends, family, coaches, mentors and advisors to help you grow and handle aspects of your businesses that you can’t do alone. The more you give them, the more they will help you make money. So don’t hesitate to add some kind of value to other people’s lives.

How can you add value to people’s lives? Even a smile to make their day or a financial offering and opportunity will do. To have a solid team, favour strong and trusting relationships with others and constantly seek to help them and add value to their lives.

Law 2: Take action now! You can’t build wealth on mere intentions.

Knowing what to do to change your situation and not doing it is worse that ignorance of how to progress in life. If action is the way to get results (intentions keep you in lethargy), consistent action however is the only sure way to achieve wealth and success.

How fast or how slow you act, which way you go or which strategy you employ are irrelevant; what counts is to continue taking action and be open to opportunities and growth. So do a little more each day and you will be on your way to wealth.

Law 3: Be Financially Literate: That is, speak and understand the language of money.

To be rich you must be financially literate, that is, speak and understand the language of money. Carefully choose the books and publications you read, the websites you visit and the people you spend the most time with. Master the language of finance, and you’ll be wealthy.

Law 4: Why you must be a ‘salesman’: Wealth is produced by sales.

Sales are one of the three skills necessary for attaining long term wealth and success. You need to be able to sell yourself, your ideas, via other people and other companies, on websites, in shops, at all prices with good margins, all over the world and even while you sleep.

Law 5: Adding value: Help raise other people’s lives and your wealth will grow.

When we add value (financially, by service or in kind) to other people’s lives, we earn more and our lives grow. In fact, the amount of our wealth is directly proportional to the value we give other people. Never forget: great results for other people mean great results for you.

Law 6: Leverage: Relying on the skills and talents of others to build your own wealth.

Leverage is depending on other people’s time, money and skill set to gain a greater advantage, result or wealth than you could do alone.

These are ways you can also leverage for wealth:

– Get experience from peers and bosses in your job.

– Hire a money mentor or business coach.

– Invest in property and pay your mortgage with a tenant.

– Use the internet to touch a greater audience.

– Get yourself a personal assistant.

– Subcontract.

– Use a spread sheet.

– Use a ladder, get a piggy back.

– Have a small business on the side of your job and nurture into a big one.

– Use drop shippers and copywriters.

– Join affiliate companies to get referrals and earn commissions.

– Do joint ventures to reach more people.

– Invest in property and shares [Law 39].

– Get professional help, but don’t forget your due diligence and your intuition. Look for people who have the knowledge and skills you need to be wealthy and successful.

– Get other people to do what you lack the skill to do.

– Be a great people person and never hesitate to offer great benefits to other people for their services to you.

– Be a great leader. To be one:

• Never ridicule a learner.

• Only reprimand in private and when absolutely necessary.

• Always praise good work publicly.

• Be personable and care about other people.

• Always involve people in your long term vision.

• Remunerate well and reward good work financially.

• Motivate, inspire and lead by example.

• Be consistent.

• Forgive.

• Be clear of the outcome before you start [write it down].

• Set realistic goals: set others up for success not failure.

• Earn respect and keep respect [which may involve distance and professionalism].

Learn to master the art of leverage and you will be wealthy beyond your widest expectations, plans and goals.

Law 7: Money attracts Money: Investing and reinvesting will bring you wealth.

Like attracts like, that’s why you use bait to trap fish. Money is not an exception. Money invested brings in more money. The more money you invest, the greater the returns you will get. This is the Law of compounding. So do invest and reinvest what can be invested.

Law 8: Think Long term sustainability: That’s how you become and stay wealthy.

Anytime you have to make a career, business or investment decision, ask yourself: will this contribute to my long term wealth? Is it sustainable? Will it create a good return on investment (ROI)? Think long term and be forever wealthy for generations to come.

Law 9: Know how to be good at saying no!: If it is for the best.

You can’t hurt people’s feelings, so you are afraid to say no? If yes, know that sometimes the best thing to say is No: politely and firmly. And once you make that decision, stand your ground and don’t be bullied. Jimmy Cliff sang: “Let your Yes be Yes and your No mean No”.

Law 10: Modelling: Studying the successful methods of the rich and replicating them.

Many wealthy and successful people became rich through learned systems, strategies, mindsets and behaviours which constitute tracks that you can find, study and replicate. Learn from their mistakes and the successes to save you years of time, energy, trial and error.

Law 11: Price vs. Value: What you pay and what you get.

Price is what you pay and value is what you get. Nobody buys anything that they do not think is good value and many will be willing to pay premium prices for apparent value, sometimes regardless of cost. So always offer value and the money will pour in.

Law 12: Risk: Speculation, investment and gambling: Invest but don’t gamble.

Your attitude to risk will determine the amount of money you make. Although you must speculate, you must take only ‘calculated risk’. And like everything else, risk is relative and you must determine your own perception of risk and update it regularly.

On the other hand, any action (such as throwing your life savings into a procedure to resuscitate dinosaurs) which does not fit into an educated, well researched and carefully timed investment is a gamble. Your road to wealth begins with speculation and not gambling.

Law 13: Deal making, and negotiation: Think cooperation, partnership and long term.

Three skills necessary for attaining long term wealth and success are the Arts of sales, of deal making and of negotiation.

As they have the potential to return a life time of passive income, deals [such as negotiating a great property deal with discount and a high yield] can make you wealthy.

However to strike great deals you must understand negotiation. Don’t ever go into it to:

1. Get a cheap price by skinning people.

2. Obtain what you want by bullying people.

3. Make people sign to things they did not agree to or understand by conning, tricking or cheating them.

True negotiators avoid ego, barriers to entry or selfishness; they do not also seek to cut people too much on price because they know nothing is so guaranteed to make them pull out of a deal, change their minds sooner than later, resent you or portray you as a git!

People serious about making great wealth know that the true Art of negotiation consists in 1) highlighting perceived benefits to the other party, 2) helping them to the maximum and making the transaction as easy as possible, and 3) giving them the last word for them to get the feeling that they got the upper hand in the negotiation.

So, to build lasting relationships (not just in your job, business, wealth and success but also with your kids, family, friends and loved ones), think cooperation (not competition), partnership and long term benefits in any negotiation you enter into with people.

In any negotiation determine the maximum you are prepared to pay and stick to it. Say ‘thank you’ if the price is not your ideal and don’t be afraid to back out. That will not be the only deal in your life; and even in 30% of cases you might be contacted again.

In going into a deal, be cool and patient. Keep in mind that 60% of communication is non-verbal. So use the posture and the body language of those you are talking to as well as what their eyes are conveying to you to read into what they are not saying.

Get to know the emotions negotiations bring out in people: don’t make people crazy or take the ‘Michael’. Be diligent and educated about the deal. Be flexible and offer other benefits. Don’t give anything away but offer exchange. Let your vis-à-vis feel good about the negotiation; you aren’t giving up your only remaining kidney.

When you master the Art of negotiation you will have mastered half the art of being a great dealmaker.

That, however, requires:

Being a good negotiator: that is, knowing what value and price to put on a deal and shopping around and understanding relative value: a deal on its own might look good but compared to the market it might turn out to be anything but desirable.

Know your goal, what you want out of a deal and what the others are also seeking. Don’t make the biggest mistake most deal makers make by always stating from the outset that they want cheap or discount. The seller, of course, is not thinking of giving his product or service away for less than he sees it is worth.

Be opportunistic. As you have things, products, services and knowledge that other people need, offer them in return. Get to know other people that can help. Be flexible, professional and personable.

Law 14: The Art of borrowing money [and the rules!]: Borrow only if you must or is fruitful.

A very careful consideration of your strategy should guide you in borrowing money. You can easily adopt the following Laws-that wealthy and very rich people follow when thinking about borrowing-into your strategy:

1. If possible don’t borrow from friends or family.

Should you borrow from close ones, you will have a hard time trying to avoid them and they will try very hard to catch up with you when things go wrong. Don’t strain or lose your close relationships.

2. Only break Law 1 above if you absolutely must.

If borrowing from friends or family is your last resort for cash flow and investment into your business, then go ahead and do it.

3. Borrow only to invest in income producing assets.

When you have to acquire something that could potentially generate a lifetime of income far beyond the repayments, then there could be great leverage in borrowing money to do so.

However be warned that borrowing money can bring heartaches: people have lost everything, including their lives, in this regard; interest on loans can be crippling and emotional debt to someone even more so.

Your debts and loans are what you must pay off first. Just as the Law of compounding [Law 34] can work to make you rich, it can also destroy your finances in matters of compounded loan interests.

Law 15: Property and shares: Chosen carefully, they will return you long term wealth.

Property and shares will generate long term sustainable wealth for you and for many years if you choose them carefully. They make you passive income (money while you sleep) through the art of Leverage and the Law of compounding.

Although they made and still make people lots of money, but like any investment, shares and property are not risk-free. They appreciate and depreciate, and can do in the twinkle of an eye. Remember the crash in the 80’s and the dot com crash on the NASDAQ?

Law 16: Multiple avenues of income: is the way you significantly increase your wealth.

To significantly increase wealth you need to create multiple streams of income around your skill and expertise. Open an e-store. Create a website. Open more shops. Franchise your business model. Sell a part of your business. Sell education based around your skills. Reach more people. Utilise the media. Create multiple avenues of income through your investments.

The more avenues you earn from and compound, the wealthier you will become. So master the Art of earning while you sleep and be well on your journey of great wealth.

Law 17: Only buy quality: it saves you money in the long run and makes you feel good.

Craving cheap items (whether a business one such as stock or a personal possession) will very often end up costing you more money in the long run unless it was very well calculated.

Buying only quality also concerns ‘utility’ and ‘feel good factors’. Where is the utility if you bought a Ferrari and kept it in the garage all year? But a M3 or an Audi R8, at one-fifth the cost, which you drive every day, will give you almost as good a feel good factor and are infinitely more value.

Law 18: Work on your wealth not just in your job: Pause in your routine and plan to grow.

To succeed in your small business and move forward in your career you need to understand what ‘working on’ and working in’ mean.

Working in a career or job is what most of us do every day. We accomplish our day to day duties at the job, we live month to mouth and get our pay cheque and maybe year to year for the end of year bonus.

Worker or self-employed however, you must work on your wealth as well as your job, career or business. This is what will push us forward. To accomplish it, “we must step outside ourselves and look for means to grow, improve, increase turnover, increase profit and margin, reduce costs and overheads and learn more that will give us the skills we need to succeed.” Thanks, Johnnie.

We can call this the ‘strategy’ part of your business or career. It consists in asking questions as: how can I work to get that promotion and higher salary? How can I grow my business or set up systems so that it is not entirely dependent on me?

Now, how can you work on your wealth?

That’s what you are doing right now by reading this material to get the right mind-set and psychology, the right strategies and systems, and taking action on the 48 Laws of wealth.

The most successful and wealthy people devote a great deal of time on growth, strategy and the future of their businesses. You must also find a specific and set time and use it to build your wealth. Do it at your most productive hour where there are no distractions. One hour every morning in a quiet corner of your house will do.

You also need monthly and yearly review of your finances.

Find out each month if you have worked within your wealth strategy and how much as a percentage you have spent/invested compared to what you budgeted.

Then every year do a thorough check up to review your net worth as compared to the previous year’s. Edit your spread sheets as you change your figures and increase the amount of money going in, debtors and creditors, expenses, investments, loans and interest, direct debits and standing orders, credit card balances and so on.

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Become A Record Millionaire – The Quickest Million Dollars Of All Time

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In addition to hoping for a winning lottery ticket, the fastest millionaires become in the day. No, they do not marry for money and do not rob banks. Record millionaires make deals. Very great offers. The fastest way to make a million dollars a day is to buy and sell something. Or broker a deal where you get paid as a broker.

Think hard. Items such as $ 15 million luxury yachts and waterfront mansions and all sorts of high net worth items are bought and sold every day. I am not talking about becoming a real estate agent or a car dealer, although you may need qualifications to trade certain items and your ethical standards should be very high at these price levels. valid.

The point is, top ticket items pay very well because they require help to complete. Maybe you want to buy and sell a $ 20 million plane. For example, most deal manufacturers, especially when they start, do not have $ 20 in their account, much less the $ 20 million needed to buy and sell a jet.

But they know they do not need $ 20 million, they only need temporary legal control of the asset until the deal is done. This can be achieved in any way. Think about the modest exclusive deal you sign with your real estate agent if you are selling your home. Basically that contract hands over control of your assets to the agency. You can not sell it yourself and no one else can sell it except them. This is a simple business tool. If you were to sell the property under them before the expiration date, you would still be legally owed to the agency their agreed commission and they could legally enforce this even though they were not responsible for the sale.

This is a way to control a high value asset without having to buy it yourself. If you think about margins, at 20 million, all you need is a small 5% to become a millionaire overnight. If you can change deals like this, it becomes very lucrative.

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Passive Income And The ‘Cashflow’ Game

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Passive income is money coming into your bank account with you that you do not have to ‘work’ for. It’s the dream way for many job-related people who have to make a living by giving up their time for money.

Sales of your book, CD or movie are passive income. You do a lot of work to create something in the beginning, then sell it over and over again without any further input. A basic but powerful concept.

This simple idea is used in Robert The Kiyosaki ‘Cashflow’ game. To increase your passive income until it is more than what you earn by working for someone else. Then you can quit your job and pay the bills again!

Most of us have had a move to ‘Monopoly’ and you either love it or hate it.

Based on buying, selling and renting properties, it is a bit basic compared to ‘Cashflow’, which has three main financial positions. These are also buying, selling and renting property, but include buying and selling stocks and buying and selling businesses.

Like all games, at first it looks scary, but if you treat it like the Steroid Monopoly, you will get the idea.

You move around the ‘Rat Race’ circle by collecting your regular salary plus any cash flow received from the purchase of properties or businesses. Every property or business you buy generates cash flow that adds to your salary.

Sometimes the cash flow in a property can be negative, which means it actually costs you money to keep it, but you may have a chance to sell it or any property with a profit in the open market. This gives you money to invest in bigger properties or businesses to increase your passive income.

Just to add a little spice, there ‘doodads‘These are what we all fall for. They are games that lose value over time and simply deplete your sources of money like TVs, boats, cars, etc. You will not be able to avoid these during the game.

Shares are bought at the turn of a card by you and the share price is different on similar cards that attract other players. You hold your shares until you or another player draws a card where your share has risen in price. You then sell – simple!

If your passive income exceeds your salary less than your expenses, you get on the ‘Fast Track’. Here, you have little money worries and can buy many businesses to further increase your cash flow to win the game. There is very little to stop you from getting richer on Fast Track and the game gets a lot simpler, especially if no one else is there to join you.

There is an advanced version of Cashflow game called ‘Cashflow 202’ which includes financial opportunities, short stocks and much worse real life drama where you can lose all your property in one hit. Only for sharp investors this.

Enjoy!

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Understand That Wealth is a Consequence, Not a Reward

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If you work hard to make money, you are more likely to become rich. You have to accept that money is a payment given to you for smart thoughts and hard work. The more and smarter you work, the more you will earn. You do not get money from a commission which reviews whether you deserve it or not, whether you have been good enough or not. It is a direct consequence.

We often look at someone who has money and make all sorts of worthwhile judgments about whether they deserve it or not. We all do. He was reading about Calvin Ayre – the internet reader – who has become very rich by gambling online. He has something like 16 million clients in the US The US Department of Justice is not very happy about this and wants to close it.

He has become rich by exploiting an alleged loophole of U.S. law where what he claims is illegal but is not in place to commit any crime. Do we judge him? I do not. I study this information to see if I can utilize it. What can be wrong is gambling. But I am aware that the consequence of his hard work has been a lot of money.

I was watching a TV show the other day about a chapter that cleans and polishes cars for rich people and people like them. He charges $ 3,000 for washing the car. Remember, this includes polishing. Now is his money a reward or a consequence? I do not think he would see it as a reward. It’s the price he sets and customers pay him because he is the best car cleaner in the world. The consequence of his business idea, skills and efforts is he gets paid very well.

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How To Save And Make Money In Today’s Economy

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Two important questions that are often asked recently are: “How can I save money in today’s economy” and “How can I make money in today’s economy ?. History is our greatest teacher. During the” Great Depression some people lost everything they had and others made their fortune. So obviously this time in our history is what we do to it.

A few years ago a dear friend shared with me how her late (middle-income) husband had made his fortune during the “Great Depression. In this article, I will share with you the strategy he used for achieve prosperity during a difficult time.

  • My friend said her husband was always very frugal … rich or poor. He was much more frugal than she (my friend) wanted to be. Note: saving was a key element to his success because it gave him investment money.
  • By the time I got to know her, she was quite rich and had the opportunity to do many things that others could not. She advised me to spend money only on what was really important to me, and not on things to impress others. For example, she liked nice clothes and travel, so she spent money on those things (that man would not have any more.) However, she drove a very modest car (Volkswagen) and lived in a modest house (no mortgage) ).
  • He always made sure he had $ 1000.00 in cash. He did not keep this money in the bank. So when depression hit, he had money when most did not.
  • Note: Due to the devaluation of the current US dollar (“quantitative easing” by the Federal Reserve) senior economists are suggesting that this amount should be in gold or silver rather than in dollars. However prices fluctuate dramatically in these two metals, so it is important to stay informed.
  • After hard times hit, he bought investments for pennies in dollars. For example: my friend said he started buying some piles of worthless stock for a few pennies. When the market returned, some of the stock was still worthless, and others made it rich.

Most people needed money for food more than they needed gasoline, and their cars became out of work. So he bought their cars and other items they wanted to sell for the money they needed. When the market returned for these items, he sold them at a profit.

It was not a complicated thing he did, but it was a very effective strategy that most people neglected because of its simplicity.

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Bitcoin: All It’s Hyped Up to Be?

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If you had spent $ 27 on Bitcoin when it was created by Satoshi Nakamoto in 2009 your investment would now be worth over $ 37,000,000.

Widely regarded as the largest investment tool of all time, Bitcoin has seen a meteoric rise during 2017 ranging from $ 777 to $ 17,000.

Creating millionaires from opportunistic investors and leaving financial institutions open-mouthed, Bitcoin has responded to its critics at every milestone this year and some believe this is just the beginning.

The release of the future of Bitcoin on December 10, which for the first time will allow investors to enter the Bitcoin market through a major US regulated exchange, means we are getting started.

What makes Bitcoin so valuable is that there is a limited amount. There will only be a maximum of 21 million Bitcoins and unlike normal fiat coins you can not print more of them whenever you want. This is because Bitcoin works with a working protocol test: to create it, you have to undermine it using the power of computer processing to solve complex algorithms in Bitcoin blocking. Once this is achieved, you are rewarded with Bitcoin as payment for the “work” you have done. Unfortunately the reward you get for mining has dropped drastically almost every year since the inception of Bitcoin, which means that for most people the only valid way to get Bitcoin is to buy it on a stock exchange. At current price levels, is it a risk worth taking?

Many believe that Bitcoin is just a bubble. I spoke to cryptocurrency expert and long-term investor Duke Randal who thinks the asset is overvalued, “I would compare this to many supply and demand bubbles throughout history such as the Dutch Tulip Mania and the bubbles of the last few years’ 90. Prices are just speculation based, and when you look at the functionality of Bitcoin as a current currency it is almost embarrassing. ” For those who do not know, the dot com bubble was a period between 1997-2001 where many internet companies were founded and gave extremely optimistic estimates based solely on speculation that later fell 80-90% as the bubble began to collapse in the early Years 2000 Some companies, such as eBay and Amazon, recovered and now stand well above those estimates, but for others it was the bottom line.

Bitcoin was originally created in order to take power from our financial systems and put people in control of their money, cutting the middle man and enabling peer transactions. However, it is now one of the slowest cryptocurrencies on the market, its transaction speed is four times slower than its fifth largest cryptocurrency and its closest competitor to Litecoin payment solutions. Monero’s fuzzy privacy currency makes transactions even faster, boasting an average blocking time of just two minutes, one-fifth of the time Bitcoin can do so, and that is without anonymity. The world’s second largest cryptocurrency, Ethereum, already has a higher transaction volume than Bitcoin despite being valued at just $ 676 per Ether compared to $ 16,726 Bitcoin per Bitcoin.

Then why is the value of Bitcoin so high? I asked Duke Randal the same question. “It all turns into the same economy of supply and demand, there is relatively little Bitcoin available and its recent rise in price has attracted a lot of media attention, combined with the start of the Bitcoin future that many see. as the first sign Bitcoin is being accepted by the mass market, has resulted in many people jumping into the gang for financial gain.Like any asset, when there is a higher demand to buy than to sell, the price goes up. “bad because these new investors are entering the market without understanding the blockchain and the basic principles of these currencies which means they are likely to burn out.”

Another reason is that Bitcoin is extremely volatile, it has been known to fluctuate up or down thousands of dollars in less than a minute which if you are not used to it or even expect it, makes less experienced investors panic sale, resulting in a loss. This is another reason that Bitcoin will struggle to be adopted as a form of payment. The price of Bitcoin can fluctuate significantly between the time traders accept Bitcoin from customers and sell it on exchanges for their local currency. This messy move can wipe out all their benefit. Will this instability disappear soon? Unlikely: Bitcoin is a relatively new class of assets and although awareness is growing, only a very small percentage of the world’s population owns Bitcoin. Until it is more widely distributed and its liquidity is significantly improved, instability will continue.

So if Bitcoin is too useless as a current currency, what are its applications? Many believe that Bitcoin has moved from being a valuable form of payment, becoming a valuable repository. Bitcoin is like “digital gold” and will simply be used as a benchmark for other cryptocurrencies and blockchain projects to be measured and traded. Recently there have been stories of people in high inflation countries like Zimbabwe buying Bitcoin in order to keep the wealth they have instead of seeing its value decline under the recklessness of its central banking system.

Is it too late to get involved in Bitcoin? If you believe in what these cryptocurrencies will do for the world, then it is never too late to get involved, but with the cost of Bitcoin being so high, is it a boat for some that has already sailed. You may be better off having a look at Litecoin, up 6908% for the year or Ethereum which is an incredible 7521% increase for the year. These newer, faster currencies hope to achieve what Bitcoin first decided to launch at its inception in 2009 and replace government-run Fiat currencies.

Who knows what the price of these coins will be ten, fifteen or even twenty years from now? One thing is for sure though, we better connect as it will be a wild ride.

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$1 Million Dollars – 8 Steps to a Fortune

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Here are 8 possible steps for a million dollars over the next year. If you dream of one day having a million dollar bank account, then read this article and go to work, read now after seeing millions of dollars appear before your eyes in less than a year.

1) Starting with say $ 200 we buy a TV worth about $ 250 for $ 200 and sell it for $ 300

We do it a few times in the first month for a total of $ 600

2) Month 2 we buy a really cheap car and give it impeccable cleaning to resell it for $ 1200, buy and sell 4 small cars over the next month and they are at $ 3000

3) We buy and sell 4 cars in this third month, but at a higher price than last month. The balance is now at $ 12,000

4) We continue with vehicles making sure to carefully find vendors who are not resistant to a lower bid, but at this level we are buying and selling more enjoyable cars. We buy and sell for $ 12,000, but we sell the car for $ 16,000 and we do it 4 times. Our balance at the end of the month is $ 28,000

5) Use $ 28,000 as a deposit to buy a large corner block. We go to the town hall and get the subdivision approval and within a month 2 blocks are sold. We paid $ 60,000 for the block but now we are selling the 2 smaller blocks for $ 50,000 each as they are boutique blocks. We are left with $ 58,000 by the end of the month.

6) We do the above again, but we do it with two blocks so now we are left with $ 138000

7) We do the above again, but this time with 4 blocks at once. We are at $ 298,000 at the end of the month.

8) We buy a nice plot of land in a beautiful part of town and build 4 apartments on one side of the big block and next door we build a luxury mansion. We sell each apartment for $ 200,000 each and live in the mansion valued at $ 200,000 for a total asset and cash value of $ 1 million.

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Top 8 Websites For Students For Earning Money

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As a student, you will face cases when you will have no penny in your pocket, and you will fight for a small job while managing your studies. Super super challenging, so nowadays students look for different methods to make money wherever and whenever possible.

Honestly, we are blessed to be present in this digital age, as making extra money for students has never been easier. But in the age of internet and digital media, it is possible for students to make money from anywhere and everywhere.

Here are some top sites that can help you make good money, just by sitting at home with your laptop and a stable internet connection.

Fiverr

If you like to work confidently and want to build a personal brand, then you can make good money using Fiverr. You can use Fiverr efficiently and make money from it by offering your conveniences in a variety of different levels from writing, programming to graphic design and much more. The most interesting and interesting thing about this platform is that there are many random things you can do and be compensated, such as the girl who will read a message dressed in a weird fruit costume, etc.

Airbnb

You are probably not a stranger to this idea, this website basically allows you to rent people houses or apartments in different places around the world, and you can use this as a replacement for booking a hotel . So if you are lucky enough to have your own place or can convince your roommates then you can easily rent your extra space for guests for a few days and nights and earn a lot of good money from it.

Flippa

College students can earn real money using this website; all they have to do is buy and sell domain names at a higher price. You may need some time to get used to it, but this job involves finding valid domain names for businesses, sites like Flippa is a place where you can auction domain names with a high price.

to YouTube

Well, I can not promise that you will become a viral celebrity right away, it’s entirely up to you! The money people get to socialize with YouTube and post ads on their videos varies, however, if you continue to post regularly, then you can increase your revenue to $ 10 a day and there is a potential you can earn even a hundred dollars if the canal is erected.

Up to work

Up work is the place where you can start a lucrative independent career while you are still studying. It all has to do with how you use your unique skills and make money from them. At work in height, you can do all kinds of tasks from SEO, marketing, social media, graphic design, writing you too can be a virtual assistant. Up work is by far the most popular online site for freelance work, but many other platforms offer the same services.

User testing

There are many websites claiming that you can make money simply by browsing the internet, this usually involves you installing an add-on to your web browser and getting paid for what you normally do on your website. Sounds nice, but does not make you any real money. User Testing is a website with the same concept but with a twist. With this site you can look at different websites and review them, for each review, you are paid $ 10 and it takes 20 minutes to write a review. Now, this way you can make good money.

Shutterstock

If you believe you are good at taking pictures and have a good camera, then you can quickly sell your photos on major websites like BigStock Photo, Shutterstock and Dreamstime. You can sell pictures of your friends you have captured or your city and earn good income from them. It can also make you a major contributor to the website, and you can sell more photos.

Amazon

Do you believe you are good at writing? Then scripting and self-publishing a book on Amazon can bring you a lot of money. Initially, it takes a long time as you have to write an e-book and then edit and edit it, but once it is published, you will earn reflective income which will come and you can sit back and watch the money flow out. a good idea to write your e-book during the summer holidays so that your studies are not interrupted.

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Invest One Million Dollars Before You Have It – How To Make A Million Dollars By Next Thursday

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Everyone dreams of a $ 1 million deal. Type of overnight property deal. A simple idea for you to gain the vision to follow with it. These happen every day, but unfortunately are rarely done by ordinary people who would benefit from such a deal. It is usually done by professionals who know what they are doing.

The mind is an amazing device and can provide all kinds of amazing answers to the most difficult questions. Like a computer, start with a question for which you want an answer, then feed the mind with the data it needs to formulate a quality answer with a high probability of success.

Many would be happy with a million dollars in a few years even, but some are ambitious, and consider it a waste of effort for anything under a million dollars. One way to make a million dollar deal is to use other people’s capital.

The most likely answer to the question, “how can I earn a million dollars by next Thursday” would seem something like this. You will find a valuable investment object. To invest a million dollars before you actually own a million dollars, you will have to deal with assets worth from 5 to 10 million dollars. A residential waterfront residence, a quality business, a small hotel in the city, a luxury yacht, it does not matter what the investment is, because there are other much more important considerations.

The most important considerations are numbers. Let’s say we found a seller of a luxury yacht who was quite urgent about finding a buyer. The yacht is a masterpiece of craftsmanship and the asking price is $ 12 million. You do not have $ 12 million dollars, you do not even have $ 1200 dollars in your bank account. But this is not important. If this seller sells his boat. If the new buyer you find to complete the deal is filthy rich and not price-sensitive, but rather service-savvy (more on that at some point) then it does not matter that you are really poor, I assure you that this is but a condition

Your first step, once you have inspected the ship and taken extensive digital photographs, is to assess the real value of the boats. If you know nothing about shipping, you may need to become a quick expert. Because you need to familiarize yourself with all the possible features and understand the market quickly. The point of your research is to set a realistic price on the boat. A price you know will sell the boat.

You are after $ 1 million, so the ship should have about 8% excess of domestic value. In other words, you will have to find that capital somewhere. You can find it from the seller, offering him $ 11 million for the ship. Either you can get it from the buyer’s charging $ 13 million for the boat, or you can do a combination of both to achieve that $ 8 million profit.

Maybe you can do some research on what the new buyer might need and supply to give you more of what you need to take advantage of. For example, the new buyer may not have even thought about anchoring and maintenance, so you find a good quality marina and set prices for it and present it. This simple afternoon of work can be the turning point that will seal the deal in the minds of new buyers.

You need to understand the usefulness of the new buyer, the reasons why he wants to buy a luxury cruiser and what it should take for him to be happy with your deal. Then secure it as best you can.

Let’s say you find a buyer and you made him happy and wants to continue with the purchase. Great Now What. You do not own the boat and it is quite illegal to sell something you do not rightfully own. The only exception to this law is in the stock market where you can sell for a short time and “place” shares on people even though you do not own the shares.

But here is the thing. If you gain commitment from that buyer and millions of dollars are in the deal. If you approach a loan officer, I do not think there would be a bank in place that would not consider lending you the capital required for a short period of time because you have a million dollars in capital and you have the boat. They would independently evaluate the boat and place your contract as capital. The vessel and the contract would serve as collateral in their borrowing procedures. It all depends on the strength of the commitment you have gained from the buyer. If he signed a contract, that’s a piece of paper worth a million dollars.

Once you have secured the funds, it is a simple matter of taking the boat from the seller and delivering it to the buyer. His check goes directly to the lending bank, with over millions remaining left in your account. I’m sure the borrowing bank would get a pretty good one in your million in the form of interest, but that ‘s okay, their help was worth a million dollars to you. It takes knowledge and a little finesse. This is not about anyone.

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