|
|
7 Simple Steps To Real Estate Investing
Whether you are BRAND NEW to real estate investing or an expert
in the game, it's critical that you understand these 7 Simple
Steps to real estate investing.
First things first...
* Real Estate is NOT a get rich quick...
An Introduction to Real Estate Investing
There are a great many books and web sites devoted to real estate investing out there, but most of them concentrate on one specific area of investing. It's often hard to find a general description of real estate investing, one that lists the various...
Offshore investing - Leveraging overseas trading
In today’s climate of a falling dollar and emerging economies all over the world, offshore investing can be an attractive option. Before looking at investing overseas, however, you should understand your financial goals, the potential pitfalls of...
The Microwave Approach to Investing
We live in a society obsessed with a microwave approach to life.
We want what we want and we want it NOW! No doubt, we're
impatient. So how do you and I cope with our desire for instant
gratification?
Sure enough, we want it right now....
Use your time effectively when researching investing in real estate tips
Since the early days of the world wide web, finding hints on
investing in real estate got extremely simpler. A few years ago
the only option to get your hands on resources on investing in
real estate was a book or dictionary -- and we can...
|
|
|
|
|
|
|
|
Investing As A Sport?
I said last week that money doesn't generally buy happiness, but the lack of it can buy absolute misery. This, by the way, is not just my personal observation. It is the conclusion of some of the most respected happiness researchers (Yes, there is such a thing -- read my book.)
The trouble is that we have to pay attention to money more when we lack it than when we have it. This doesn't seem fair, but the Lord works in mysterious ways. Most people are invested in the stock market, either directly or through mutual funds, pension plans or some other vehicle. So it is hard not to be part of the Panic Crowd. But I ,in all my financial wisdom, have two golden rules to offer. These may not make you rich, but they will keep you happy.
Number One: Place your investments in the safest vehicles possible (Do as I say, not as I do!) and forget about them. When the next recession ends, take inventory and see that you still have investments. Most of us don't get a rush out of watching our investments plunge or yo-yo up and down. Most people are happier when they forget they even have investments.
Number Two: If you are one of those people with a terminal case of Itchy Trading Finger, then you probably would not be happy ignoring your investments. Place aside what you need for the long term, such as retirement if your heart lasts that long. Don't play with this money. Don't touch it. Trade only with "extra" money. The rest of you are asking, "What's that?", but Itchy Trading Fingers know what I'm talking about. They view stock trading as a sport.
In fact, stock trading is a sport. Much more than, say, hunting. Think about it. In a sport, two equal opponents square off against one another. "Let the best one one win." Each faces the same challenges. Each is armed with the same weapons. Each has an equal chance of feeling the thrill of victory and
the agony of defeat (unless, of course, you happen to be the Tampa Bay Devil Rays).Imagine the play-by-play if hunting truly was a sport: "Man is closing in. He's coming up from behind and rounding to the south side. He's raising his rifle. Deer doesn't even appear to notice. Oh, I can't watch. This is going to be a massacre. Wait! Deer has just bucked up and twisted. He spins around a tree, and -- look! Deer has a rifle too. He aims. He shoots! He Kills!!! Man is down. What an upset, ladies and gentlemen."
In real life, Deer doesn't win very often. In fact, I estimate that Man is about 4.3 gazillion times more likely to be defeated by his own team mate than by the opposition. We call this "friendly fire".
Contrast this to Itchy Trading Finger, who stands an equal chance of striking gold or of moving into a cardboard box on the street corner. The stock market truly is sport, for those who choose to treat it that way. Which is why it is so important to put aside -- in safe, secure investments -- the money you feel you need for your future. That way, when Itchy Trading Fingers retire, they can move out of the cardboard box.
For the rest of us, we are happier getting our sport watching monster trucks crush WWF actors. Oops! There I go again, mixing my sports and my metaphors, not to mention ignoring several federal safety standards. May your investments be safer than my WWF friends, and may you sleep well at night.
About The Author
David Leonhardt is The Happy Guy. He is an energetic motivational speaker and author of Climb Your Stairway to Heaven: the 9 habits of maximum happiness. Visit him at
http://www.TheHappyGuy.com
dleonhardt@attglobal.net
|
|
|
|
|
Investing: Stock Quotes, Charts & Market News - MSN Money |
Investing home page features investment tools like stock quotes, charts, a portfolio manager and much more. Plus market news and financial commentary from ... |
moneycentral.msn.com |
  |
Investing : Stock Investing, Investing News |
Our stock investing news is designed to help new and seasoned investors alike. See all of our investing news online at BusinessWeek.com. |
www.businessweek.com |
  |
globeandmail.com : globeinvestor.com |
GlobeInvestorGOLD Canada's most comprehensive investment tool. ... This Globe and Mail report will profile alternative investment products designed to help ... |
www.globeinvestor.com |
  |
Fool.com: Investing, Stock Research, and Personal Finance |
Investing information and an enjoyably useful site. Updated hourly. |
www.fool.com |
  |
Investing, Stock Quotes and Research, Personal Finance and ... |
Free comprehensive guide to investing and personal finance. |
www.investorguide.com |
  |
Open Directory - Business: Investing |
Business: Financial Services (17198); Business: Major Companies: Company Information (28); Recreation: Collecting (5684); Society: Issues: Fraud: Investment ... |
dmoz.org |
  |
Better Investing - We'll show you how! |
The National Association of Investors Corporation (NAIC) teaches individuals how to become successful strategic long-term investors. |
www.betterinvesting.org |
  |
Dow Jones, Nasdaq, S&P 500, stock market data - CNNMoney.com |
... Real Estate Tips Main FSB 100 Small Cap Investing - Top 50 5 Best Bosses Which States Love Small Biz? ... Investing after Pfizer's flop - 3 strategies ... |
money.cnn.com |
  |
Investing News, Personal Finance, Stock Market, Mutual Funds ... |
Reuters.com is your source for investing news, personal finance, stock market, mutual funds and investments. Reuters is the leading global provider of news, ... |
today.reuters.com |
  |
Investment - Wikipedia, the free encyclopedia |
Investment or investing [1] is a term with several closely-related meanings in ... Types of financial investments include shares or other equity investment, ... |
en.wikipedia.org |
  |
Investing In Bonds |
Information about bond investing from The Bond Market Association. Bond price information, articles, introductory guides, and links to related sites. |
www.investinginbonds.com |
  |
Investing for Kids |
Welcome to Investing For Kids. This Web site is designed by kids for kids. It examines stocks, bonds, ... It teaches the principles of saving and investing. ... |
library.thinkquest.org |
  |
internet.com - the Internet and IT Network from Jupitermedia Corp. |
The definitive internet resource. |
www.internet.com |
  |
InvestorWords.com - Investing Glossary |
The most comprehensive investing glossary on the web, with over 5000 definitions and 15000 links between related terms. |
www.investorwords.com |
  |
Investing - Share prices | FTSE100 | Stock quotes | Stock exchange ... |
Also on Investing:. December Fund of the Month: River and Mercantile UK Smaller Companies · Virtual Trader: play our £100k fantasy sharetrading game ... |
money.uk.msn.com |
  |
JS Online: Business: Investments |
Investing, Personal Finance. More investing stories from the Journal Sentinel ... Readers share investment advice, savings tips COLUMNIST HUMBERTO CRUZ ... |
www.jsonline.com |
  |
Welcome to the Investing Online Resource Center! |
Independent, non-commercial information on online investing. |
www.investingonline.org |
  |
Investing for Your Future |
Online course for beginner investors. Course and program description, registration, resources, feedback and contacts. |
www.investing.rutgers.edu |
  |
investing | baltimoresun.com |
Business, technology, real estate and investing news, primarily from The Baltimore Sun. |
www.baltimoresun.com |
  |
Investing for Beginners |
Investing for beginners gives new investors articles on the stock market,interviews with leading financial experts, discussion boards, a free weekly ... |
beginnersinvest.about.com |
  |
|