feedsbooks Information & Knowledge. https://www.feedsbooks.com/group_wealth-building/ Wealth Building Tue, 21 Jan 2020 01:23:16 +0800 en-US daily 1 https://www.feedsbooks.com/ Safe Highest-return Investment. Earn Highest Yield On Deposits! https://www.feedsbooks.com/articles_nwhpba.html https://www.feedsbooks.com/articles_nwhpba.html#respond Wed, 08 May 2019 19:39:00 +0800 888 756 0666

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Low deposit returns and the stock market got you down?

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At OCF Private Lending we're helping people like you earn a much higher ROI by Eliminating and Reducing Banks and Corporate Middlemen making you The Bank!

Today we'd like to answer two of our Prospective Private Lenders' most frequently asked questions:

Question: What's the minimum/maximum I can lend?
Answer: Once you've registered and joined as a Private Lender you can lend anything from $5,000 dollars up to the total discounted fair market valued price of any one property in our listings.

How exactly do I lend my money out?
There are two different ways of lending at OCF. As a Small Private Lender though our $5,000 dollar minimum Secured Corporate Real Estate Backed Promissory Notes or as a First Lien Mortgagee Private Lender in a particular subject property. You can lend via one of these routes or both.

What returns can I expect?
You are in complete control of the terms and conditions of your loan. You can lend for 6 months, 2 or five year terms. Your rate of return will be up to 4 times as much than the highest rate paid to depositors for like terms by the banking industry at large as published daily at BankRate.com

Note: First Lien Mortgagees earn 3 times the highest rate while Small Private lenders earn 4 times the highest rate due to the perceived higher risk since they are not in a first lien position in the properties backing their loan.

If you have questions about becoming a Private Lender in general or,

If you want to learn more specifically about our Private Money Lender Program, please go to OCFPrivateLending.com and email or call us for more expert, free valuable information.

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Money And You - Get The Right Wealthy Mindset https://www.feedsbooks.com/articles_eiekda.html https://www.feedsbooks.com/articles_eiekda.html#respond Wed, 08 May 2019 19:36:00 +0800 To attain wealth, you must first of all get rid of wrong beliefs and negative emotions attached to money.
To know how you feel about money, just repeat "money and me" and see how you feel.
Most people feel uncomfortable about money.
Are you one of them? Keep repeating "money and me" until you feel totally comfortable with the idea of money.
You see, the rich and successful people are very comfortable with money - that's why they are rich! Knowing how you feel about money is a good starting point to becoming wealthy.
If you don't feel comfortable about money, or you feel you do not deserve wealth, you will not attract wealth into your life.
You need to learn to be comfortable with the idea of money.
You also need to learn that when it comes to money, the sky is the limit-you must not have limiting beliefs about money.
Your limiting beliefs determine what you get.
Understand that there is abundance all around you.
The world is an abundant place.
Even in recessionary times, you can still be successful financially and reach your financial goals.
You only need to believe and have the right wealthy mindset.
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Proven Investment Strategies for Economically Hard Times https://www.feedsbooks.com/articles_f6g4ha.html https://www.feedsbooks.com/articles_f6g4ha.html#respond Wed, 08 May 2019 19:31:00 +0800 https://www.feedsbooks.com/articles_f6g4ha.html#commentRss 14 Gold History - Relationship Between Gold and Money https://www.feedsbooks.com/articles_b0v3da.html https://www.feedsbooks.com/articles_b0v3da.html#respond Wed, 08 May 2019 08:11:00 +0800 While the use of precious metals in backing western currencies has long-since ceased, the qualities that made it so functional are still deeply ingrained in the human psyche.
Despised for two decades by many in the investment community, gold is making a serious come back.
It is no coincidence that it has been a symbol of wealth for thousands of years and not just as a decorative item.
The combination of durability, purity and portability has been an overriding factor for its monetary use, as has its physical qualities of malleability and ductility that allow for easy division.
Its relevance in the modern financial world is more significant than ever, given its resistance to mass production.
Unlike other commodities, it is not subject to the substitution effect when prices get too high.
There are many useful lessons from the history of the Roman Empire which used gold and silver coins as part of their currency.
Following a build up of deficits by a series of lavish emperors, Nero used the excuse of the Great Fire of Rome to reduce the gold and silver content of coins, thereby creating a greater number of them, starting with the same amount of precious metal.
By the time the empire folded, its percentage inclusion was close to nought.
While it took the Romans several centuries to achieve the dubious honour of total devaluation, the fast-moving Americans are doing their best to beat them.
After Rome's decline and departure from Britain, the country survived a prolonged period without an organised national currency although foreign coins were widely used.
This was partly a reflection of the decentralised culture of the Saxon invaders which depended more on local trade and coinage rather than national.
As England emerged from the Dark Ages she attracted the unwanted attention of marauding Vikings including one of their later descendants, William the Conqueror.
Their imposing castles and cathedrals were soon thereafter to be found throughout England after the invasion of 1066.
Just as unflinching Roman roads scarred their trail over the Celtic land and culture, so the Normans stamped their authority on the defeated Saxon foe with their constructions.
One of the earliest examples is the Tower of London which is of course still standing today.
Next in the series Gold History coming soon.
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Determining Your Financial Freedom Goal https://www.feedsbooks.com/articles_ujepca.html https://www.feedsbooks.com/articles_ujepca.html#respond Wed, 08 May 2019 08:05:00 +0800 Some of them will tell you that they want to live in a large house or mansion with a huge backyard swimming pool, gold-plated sinks, a butler and/or a maid, etc.
, but usually these are just fantasies they have about what wealth is.
Certainly there are some very wealthy people who live this type of luxurious lifestyle, but as Thomas J.
Stanley documented in his now famous book, The Millionaire Next Door, most people who have obtained great wealth and money tend to live more modestly than the media would have us believe.
In fact, may wealthy people and millionaires tend to drive dependable and luxurious but not necessarily flashy cars, live in well-designed but not overly huge houses, and they don't buy the most expensive clothes from the hottest designers du jour every weekend.
In fact, if you ask these people why they wanted to become wealthy in the first place, nearly all of them will tell you that they wanted to become wealthy to have more freedom to choose the things they want to do in life.
What is your goal for financial freedom? Do you want to live a lavish luxurious lifestyle as portrayed on Entertainment Tonight, Access Hollywood, E! or VH1? Do you want to have a lot of money to travel the world? Or do you just want enough money so that if you suddenly quit your job, you could sustain your current lifestyle? All of these goals are possible, yet some of these will take more wealth building than others.
Financial freedom is the ability to have enough wealth so that you can quit your job and never be forced to work again to sustain your lifestyle.
Now this will vary for many people.
If your lifestyle consists of having a big house with two luxury cars, being able to take multiple vacations every year, and buying lots of expensive clothes, jewelery, and gadgets, then your income is probably very high or you have leveraged yourself to the hilt in debt.
However, if your lifestyle is more modest, and you live in a condo or small house, and you keep your expenses low, then you probably can get by on even a mid five-figure income.
But how do you determine what you need to get financial freedom? R.
Buckminster Fuller once commented that your wealth is determined by the amount of money you had saved divided by the amount of time you could sustain your current lifestyle if you had suddenly lost or quit your job.
For example, if you had saved $10,000 and could live on that for five months, then you were five months wealthy.
If you had saved $40,000 and could live on $2,000 a month, then you were 20 months wealthy.
However, what if you could use those savings to build an income that you make you infinitely wealthy? This can be done by having passive income.
Passive income is money that you receive that you do not have to work for through employment.
In other words, you make money even when you sleep.
Most often, passive income is made through your own business, real estate, or investments such as stocks or bonds.
Creating your own business Many people have become wealthy by creating their own business.
Usually they started out doing some hobby that they loved like baking or arts and crafts and people would pay money for their products or services.
You can do this as well.
The easiest way to start would be by selling your old unwanted products on Ebay.
Many people started their home-based businesses by selling their old junk on Ebay, only to find that it was very lucrative for them.
Then they would pick up old items from yard sales, the Salvation Army thrift stores and Goodwill, and resell those items for profit.
If you are internet savvy, you can sell other people's products through affiliate programs.
Affiliate programs allow you to sell products from other people's websites and make a commission on each sale if a person buys an item through your website or blog.
Some places to start looking for affiliate programs are Clickbank, Linkshare, and Commission Junction.
Make money through real estate Real estate is one of the most common forms of wealth building for the average person.
In the past few years, real estate has become a wildly popular way to make a lot of money, yet it appears that we may be on the verge of a housing bubble which is about to burst.
Most of this housing bubble can be attributed to the process of flipping properties, where some person buys a home or condo with a huge mortgage and hopes to resell the property at a later date through price appreciation.
Much of this was encouraged through late night television informercials.
While these strategies do work and can make you a lot of money in a short period of time, they have their drawbacks.
First of all, it's not necessarily a steady stream of passive income, and second, you can find yourself without any buyers if the market peaks too soon.
Of course, the old-fashioned way of making money through real estate is buying rental properties.
You buy a two or three flat or small apartment complex building and rent out the remaining space to tenants.
If you structure your mortgage and rents well, you will cover the cost of the monthly mortgage, taxes and insurance through your tenants' rent payments plus have extra money left over to spend.
It's not uncommon in some areas to make a sizable rental income on a modestly-priced apartment building, and some people simply make a living just by providing housing to others.
Making a passive income through stocks and bonds Now this is an easier way to make passive income than real estate, but it takes more money to do this, plus you have to know your stocks and bonds well enough to stick through your investment.
Passive income in this case is generated through dividends.
In other words, when you buy shares of stock, treasury bills or bonds, the company issuing the shares of stock (or the U.
Treasury Department, in the case of bonds) will pay you a cash dividend for investing with them.
Now usually, this only consists of a few cents per share or a small interest rate, but if you buy enough shares or bonds, this can generate a huge income for you.
In some cases, it will pay you a huge interest percentage, or yield as it is often called, and this yield will often pay much more than bank deposits.
Plus you still own the underlying shares of stock which you can sell for appreciation, or in the case of bonds, hold until maturity.
For instance, you buy $400,000 worth of stocks which pay an annual dividend equivalent to 12 percent.
You would receive $48,000 in dividend payments from this stock.
Lets say that you hold on to this stock for five years, and its value appreciates to $650,000, at which point you decide to sell your shares.
Not only would you have received $48,000 for each of the last five years, but you would have realized a capital gain of $250,000 from selling your shares (before commissions and taxes).
Of course, this only skims the surface on how to obtain financial freedom.
If you tend to live more modestly, you can probably obtain financial freedom more quickly by buying income-producing real estate or starting your own business.
If you want to live more luxuriously, you may have to create a complete wealth building plan.
One of the best sources I've seen that deals with wealth building strategies is Safe Strategies for Financial Freedom, by Van Tharp.
Of course, you can learn more wealth building strategies by going to Pat's Planet.
net or Wealth Creation Tips at [http://tipsonwealthcreation.
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Bernard Madoff - 50 Billion Reasons to Invest in Hard Money - Private Mortgage Loans https://www.feedsbooks.com/articles_i91cda.html https://www.feedsbooks.com/articles_i91cda.html#respond Wed, 08 May 2019 08:02:00 +0800 If this turns out to be true, it could be almost as large as the Enron scandal and will jeopardize the financial well-being of many individuals and institutions.
Ponzi schemes such as the one Madoff perpetrated are named after a 1920's fraudster named Charles Ponzi.
It is a "rob Peter to pay Paul" scheme whereby unsuspecting investors are sucked in by a fraudster making promises of unbelievable interest rate returns.
Meanwhile he is just using that new money to payoff earlier investors.
Once no new recruits can be found, the house of cards collapses, much like Madoff's did when he could not meet $7 Billion of payouts to his investors.
In reading about this fraud, several very important lessons stand out:
  1. Even rich people get duped.
    Lot's of very wealthy people and institutions are going to take a bath on this one, so don't be naïve to think that just because you have money you are smart enough to not be a victim;
  2. If it's too good to be true...
    Yeah, I know it's cliché, but if this doesn't prove it I don't know what does;
  3. Understand what you're investing in.
    I've read dozens of books, free reports and emails on stocks, puts, calls, options, credit default swaps, CDO's, etc..
    Why does it always seem like these are just games of musical chairs in which the average American always get caught without a seat?
  4. Don't go in "naked.
    This is a term used in the equities market for people that invest in stocks without putting stop orders in place to protect against losses.
    If you're going to invest in something, make sure you're principal is secure and you can control your losses.
  5. The SEC can't protect you.
    Will someone please explain how there could be no oversight of $17 Billion of asset holdings at a stock trading office? Will anyone get fired over this or will this be excused because of "poorly drafted regulations" and "understaffing?"
Bottom line to this outrage? If you don't take control of or understand your investments, you risk losing your shirt to a guy like Madoff.
Given the current state of affairs on Wall Street, it may be time to consider a different type of secure, high yielding investment - hard money / private mortgage loans.
A hard money loan is simply a private loan given to a property owner at a pre-determined interest rate (12%%2B).
The lender's money is protected not just by a promissory note, but also by a "mortgage" on the property, usually at a very conservative "loan-to-value.
" There are many benefits to hard money lending over equity investing:
  • Safety - Your money is secured by a mortgage lien that is never more than 65% of the "quick-sale" value of the property.
    This leaves a lot of equity in the property as a safety cushion in the event of default by the borrower (remember, don't go in naked);
  • Completely Hands-Off - No need to check your portfolio or trade stocks every day.
    Once you write a mortgage loan, you simply sit back collect a check every month at a pre-determined interest rate;
  • Easy to Understand - You don't need a PhD from the Wharton School of Business to understand this investment model.
    Example:property owner has building worth 200K and needs a loan.
    You write a loan for 100K to the owner.
    You are protected by 100K of equity.
    It's that simple;
  • Predictable - You won't have to gulp down antacids every day watching your stocks fluctuate wildly up and down like a carnival ride.
    Your returns are determined in advance at the time the loan is written;
  • Proven - This type of investing has been around longer than Wall Street, longer than the United States - even longer than paper currency!
So what is the trick to being a successful hard money lender? i) Getting access to good private mortgage deals; ii) properly underwriting them; and iii) having a professional team of legal and mortgage experts to help you close them legally and profitably.
If you don't want your money to fall into a $50 Billion black hole, consider hard money / private mortgage loans to supplement or replace your current portfolio.
If you need help identifying and closing on these types of deals, or would like to inquire further about these types of investments, feel free to contact me.
Our hard money company specializes in private mortgage note investing and provides a full spectrum of services related to private/hard money transactions including loan placement; underwriting, title and closing, and loan document production and servicing.
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Attract Wealth https://www.feedsbooks.com/articles_5giwca.html https://www.feedsbooks.com/articles_5giwca.html#respond Tue, 07 May 2019 19:11:00 +0800 The next pace up would be a money market account.
These are somewhat like savings accounts, but they gross a higher interest rate.
The distinction is that you have to have a minimum quantity in your account at all times.
You are basically giving your bank consent to use your money for their savings, and they then divide some of their earnings with you.
If you aren't ready to take an enormous risk with your money, this is one of the better investing options you can get.
For persons who are into stocks and bonds, you have to stay closer look at your money.
If you get you are misplaced, and keep losing money, you may require better investing suggestion.
You can find out any number of consultants to assist you, and several will do all the work for you.
They charge a fee, so if you have very small money to invest, this may not be your best alternative.
You can also look online to get better investing guidelines and tricks for those who decide on to hold their own investment collection.
When setting up for sequestration, you are constantly looking for better investing recommendation.
You can use your companies' 401K plan to keep, or you can open an individual sequestration account at your bank.
Keep in mind that these are equally considered investments, and are not roofed by the FDIC if you were to misplace money.
Have a discussion to your bank spokesperson for further information on IRAs, and call your human resources department if you have questions about your 401K.
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To Be a Millionaire Would Be Nice https://www.feedsbooks.com/articles_5e8mda.html https://www.feedsbooks.com/articles_5e8mda.html#respond Tue, 07 May 2019 19:03:00 +0800 Not too many people, which is why everybody can't be millionaires.
Most people don't have what it takes.
People can talk a lot of stuff, but when it really comes down to it, that's all it is...
That's another article though.
Those who are not in favor of the current millionaires, well here's some good news for you.
In today's economic crisis it's hard to be a millionaire.
Don't get me wrong, there are ways to become one or maintain the millionaire status.
I'm just saying that within the last year there has been a record of people falling out of millionaire status.
There has been a 19.
5% drop of millionaires in the world today.
Millionaires saw the value of their assets cut from $40.
7 trillion to $32.
8 trillion.
Yes folks, there are less millionaires in the world now.
There are still a lot of millionaires in the world, and more to be made, but the economy is really hurting people these days.
If it's taking a toll on them, just imagine what's it's doing to the average families in America.
Even though the United States still holds the most millionaires in the world, in the past year the number of millionaires in the United States fell 18.
If that's not bad enough, North America may not hold that position for long.
The Asia-Pacific region is still creating massive millionaires.
They are on track to have more millionaires that any other region in the world by 2013.
This is because of the strong economic growth in China.
Even though the economy is looking bad right now, there is a little heads up.
Millionaire's financial growth is predicted to grow to $48.
5 trillion by 2013 also.
America's millionaire growth will be slower than most, but should speed up again.
It looks like it will be China and the United States will be the economic powerhouses in the next upcoming years.
No longer will the United States hold the title alone.
One way to become a millionaire is to educate yourself.
Learn how other millionaires live.
It's not all about flashy living, if that at all.
Millionaires save, are very aware of how they spend their money, and very aware of where they put their money.
They are always paying attention to what makes their money continuously grow.
Learn, teach yourself, network.
Why wouldn't you be the next millionaire? There are ways to do it.
It's up to you as a person to make it happen.
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Total Financial Freedom: Being Debt Free With Some Money To Save https://www.feedsbooks.com/articles_4d22aa.html https://www.feedsbooks.com/articles_4d22aa.html#respond Tue, 07 May 2019 19:00:00 +0800
If you want to be out of debt, retire with enough money to spend for a yearly grand vacation, or live a life that is free of a financial liability then this is the right time for you to look for ways to achieve total financial freedom.

The principles behind achieving total financial freedom have been already discussed over and over yet only a few people had the courage to follow through with it.

There is no secret, the only thing that you need is self-discipline.

If you are one of the people who have read through the principles and the characteristics that you should process to be financially stable then reading another principle based articles won't do anything for you.

However, here are steps that you can follow through.

Step 1. Get a pen and paper and write down your total monthly earnings. At the other column you also need to write down your expenses.

Make sure that you do not forget to write everything down including your snack time budget even if it's just a dollar or two.

Find the difference between your monthly income and your monthly expenses.

Do you still have some money left? If yes, then good. Of no, you will have to reduce your expenses or find another source of income to keep up.

Step 2. Determine how much monthly savings you can afford to make and put it in your savings account.

Your monthly allotment for your savings deposit should be a fixed amount.

If you have decided to deposit$200 to your savings every month then do so.

Never reduce your savings because you used the money to spend on something else. If you make cutting your savings a habit then you'll lose the habit of saving.

Alternate Step 2. If you do not have any money left to save then reduce your expenses.

Cut on the expenses that you really do not need. If you cannot afford to do this then reduce your budget for each so that you'll still have some money left for savings.

Step 3. Look for a business that you can invest in or look for a way for you to have passive income.

If you are fond of writing then write a book and earn from it. If you think that you are good at something then write about tips and advice on how this something could be done.

You can sell it as an ebook and earn. You can also invest your money in a solid business. However, do not put all of your savings into it. Just take a portion and save the rest.

Step 4. Control your habit of spending. If you are an impulsive buyer, get rid of the impulsiveness.

If you are the type of who buys expensive gadgets, talk yourself out of buying the latest mobile because yours is just a year old. Discipline yourself!

Remember that you hold the key to your total financial freedom! You have a choice to either live a life away from liability or live a life in poverty. You decide!
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Why You Need to Change to Become Wealthy https://www.feedsbooks.com/articles_z0syha.html https://www.feedsbooks.com/articles_z0syha.html#respond Tue, 07 May 2019 08:40:00 +0800 https://www.feedsbooks.com/articles_z0syha.html#commentRss 4