Money Equals Love
July 31, 2010
Money Equals Love
by: Skye Thomas
When we think of prosperity and of creating abundance, it’s easy enough to see how working at a job that we love helps us to earn more money then if we worked at a job we hated. We can also see that if we add plenty of love and warm-fuzzies towards how we treat our coworkers, bosses, employees, and customers, then it makes sense that people will like doing business with us and we’ll again earn more money. We can understand how putting our love into the product or service that we sell makes for a superior product or service and therefore raises the perceived value of that product or service. Here’s the hard part it holds true in our personal relationships too.
First Time Real Estate Purchase
July 30, 2010
First Time Real Estate Purchase
by: Christine Hancock
Nothing can be more exciting & terrifying at the same time than buying your 1st home. Everyone talks about all the advantages of buying real estate such as the tax benefits, appreciation etc. But there are some risks involved and the more knowledge you have before you start the process the less vulnerable you will be to those risks. Now that you have decided to take the plunge there are some things you can go to make the experience exciting and pleasurable.
One of the 1st things you should do is interview 3 Mortgage Specialists. This accomplishes 3 things, 1st you know in advance how much home you can afford. The worst feeling is to go out looking, find your dream home and then realize you cannot afford it. After that it will be really frustrating trying to find another home. Knowing what your price range is before you start looking assures that when you do find a home you will be able to afford it. 2nd, once you decide to put in an offer, being “Pre-Approved” puts you in a stronger bargaining position, especially it you happen to be in a multiple offer situation. 3nd you will have a relationship established with a mortgage broker. This will move things along much more efficiently once you have found your home.
How to Improve Your Chances to Qualify for a Conventional Home Loan
July 29, 2010
How to Improve Your Chances to Qualify for a Conventional Home Loan
by: Alexis Dey
Before you give up on the idea that you will never be able to get a home equity loan because of your bad credit, first be sure you can’t get one. It may save you a lot of work, and it opens up more possibilities for home purchases and help from real estate agents.
You might be surprised to find that there are ways you can get conventional financing, even though you never thought you would be able to. More and more lenders are looking at people with less-than-perfect credit. Usually the interest rates are higher than average, but you get into a house. You can refinance later, after showing how you reliable you are making your monthly payments.
Here are a few suggestions to get mortgage companies to look at you. If this method sounds likely for you, try talking to a reputable home loan consultant, and see what your chances are. This would be one of the easiest ways to get into a house.
Can You Fix Your Credit Report?
Prepare Your Home For Sale: Kitchen Makeover Ideas
July 28, 2010
Prepare Your Home For Sale: Kitchen Makeover Ideas
by: Jeanette Joy Fisher
Money spent updating your kitchen rewards you better than money spent on any other upgrades to your home. When it comes to kitchens, buyers continue to demand improvement in efficiency and style, and they love remodeled kitchens and new appliances.
Even if you home costs less than the newer homes in your area, buyers view the model homes and hold the ideal in mind while home shopping.
Newer homes place kitchens open to the family room and often have wide views of the outside. Newer homes also boast larger kitchens with more than one preparation area because cooking has become a social activity, and new homes often include a bar or buffet for entertaining. Cooks want to be in the middle of family activities so they can enjoy companionship.
Buyers look for a kitchen with large open areas that allow guests enough room to mingle, along with workspace for kids doing homework or even a small kitchen workspace for paying bills or making phone calls.
Present your kitchen as an organized, clutter-free, versatile space that will help your buyers feel they could be productive and happy working and interacting in the heart of their new home.
Disgruntled
July 28, 2010
The following situation happens quite often to many traders. Look it over and see if it has been happening to you:
You have been faithfully following your trading plan and the rules you’ve set for trading. By following them you are now in a trade that doesn’t look so good. At the same time, by following your trading plan, you see that you’ve missed a beautiful move in a different market, one that could have made you a lot of money.
You are in a bad trade and you’ve missed out on a great trade. You become disgruntled. You think to yourself that your trading plan must not be so great. You think there must be a better methodology that you should use that will prevent this from happening. You think to yourself, "Yes! That’s it, I’ll change the way I do things." So you create a new rule or modify an old one so that such a rule would have let you capture the trade you missed and avoid the one you took. Have you been making this mistake?
Dont Catch a Falling Knife
July 27, 2010
One of the most common mistakes made by inexperienced investors is trying to "catch a falling knife". This is the phrase used to describe the habit of buying stocks that are in "freefall", and is a poor strategy, albeit common among new investors. Sadly, it is a common practice even among old and experienced investors. I’ve even fallen prey to it myself.
Remember, there are two primary approaches to investing: fundamental analysis and technical analysis. We generally fall into the fundamental camp, since we evaluate stocks based upon their valuations, rather than looking primarily at their short-term price movements. We take this direction because we believe this provides the greatest potential for long-term success.
A single-minded view of only the fundamentals of an investment, however, can limit an investor’s profits and lead to some unpleasant positions. This is because there are real limitations to buying a stock as it falls. One may purchase a stock that appears to be a great value at $10, only to see it fall to $5. Surely, if the stock rises again to $20, you may have been "right" to buy at $10, but one might argue that you weren’t "right enough". Buying at 5 would have yielded a 300% return, while you settled for only 100%. Furthermore, if you were convinced that $10 is a reasonable price, you might have saved time by buying it on the way back up instead of on the way down.
Sell Your Love
July 26, 2010
Sell Your Love
by: Skye Thomas
It’s well documented that if we love our work, then we usually become experts at it and eventually the money shows up. Makes sense, but this is a slight shift on that concept. I want you to literally look at the concept of selling love for money. This has nothing to do with prostitution. Prostitution lacks love which is the core of what’s wrong with that industry. No, I’m talking about infusing your product with love before selling it. Love is a magical indescribable element that uplifts, nurtures, blesses, and lightens the recipient. Add it to your product and watch the profits soar.
By adding your love and light energy to your product, you are creating a product that uplifts, nurtures, blesses, or somehow lightens the life of the person purchasing your product. It will come across as so much more than just good customer service. If you have two identical items of the same quality and price, the one with joy will magnetize the buyer. They may or may not be able to describe exactly what it was that made that product stand out over the others.
Economists
July 25, 2010
In today’s volatile and confusing stock markets everyone is searching for a guru who knows which way the market is going and when. Ask any economist and he will have an answer. Ask 2 economists and you will have 2 answers. Ask 3 economists - ad infinitum.
At the Federal Reserve Board we have Mr. Greenspan and all his economist Governors talking at each other about how to best micromanage the U.S. economy. Notice I said talking at and not talking with. Each one of them thinks he has the Holy Grail and knows exactly what to do. It has not occurred to any of them that doing nothing might be the best for everyone.
On April 27 there was an important economic statistic released. The Employment Cost Index gain was 1.4% which was more than expected by the investment community. This was considered to be negative for the stock market because the Fed is considered to be “anti-prosperity”. This number shows more people are being paid more money. Mr. G. thinks this is inflationary. It is a theory he has dreamed up. Going back in history there is no actual correlation showing wage increases cause inflation. This is one of his own pet theories.
Worried About the Inverted Yield Curve?
July 24, 2010
Worried About the Inverted Yield Curve?
by: Dr. Michael A. S. Guth, Ph.D., J.D.
The yield curve refers to the interest rates on bonds of varying maturity. Normally, we expect the yield on bonds with longer maturities to have a higher yield than those of shorter maturity bonds. Because it is less of a burden to tie up one’s money for three months or a year, rather than five years or ten years, investors must be given an incentive to place their funds in bonds of longer maturity. This incentive takes the form of a higher interest rate paid on bonds with longer duration. Similarly, we can justify the higher yields on longer maturity bonds based on risk: the foreseeable risk to the economy over the next three-months or year is much less than the risk over five or ten years. Thus the higher yield on long-dated bonds is required to compensate for the added risk of holding an investment that long.
Affirming Money
July 23, 2010
Affirming Money
by: Skye Thomas
Creating abundance is probably the hottest topic across the internet. Whether you’re looking to start a business from your home computer or trying to payoff your mortgage in time to retire with comfort, everyone seems interested in how to get more money. There are personal growth and spiritual growth lessons involved in creating wealth that have been oversimplified. Most people have issues around money that cause them to block themselves from actually creating a life of wealth and abundance. A major piece of changing one’s self talk is in stating positive affirmations. However, without hard work and a bit of old fashioned elbow grease, affirmations are worthless.
