By   Robert Kiyosaki

Why Real Estate?

Here are the main benefits about Real Estate investing:

Cash Flow, Control, Leverage, Depreciation, 1031 exchanges, Refinancing, Asset Protection, Hedges against inflation as well as the simple fact that it is a physical, real asset.

While these are great and need to be understood, let’s move on with the 6 steps to Successful Real Estate Investing.

Step 1 - Identify your goal

This will help you stay focused and save time. If your goal is to own a duplex, you will not waste energy looking at giant apartment complexes.

Step 2 - Find your business team

While there are numerous different team members to have, my team has over 20 members, you’ll want to start with an attorney, an accountant, a real estate broker, and a property manager.

Step 3 – Research

There are many steps to this, but start with researching an area of interest’s market. Now narrow your research to your area’s submarkets. Start looking at supply and demand, employment as well as the area’s personality. You need to become an expert in your submarket. The neighborhood you buy into is fairly permanent, so choose carefully.

Now, go find a property, remember brokers and others team members can help you with this. Once a few properties have been identified, research them and their owners on the web.

Step 4 – Evaluate Properties

To evaluate, you’ll need to verify property income, expenses, determine net operating income, find the capitalization rate and valuation, and calculate the loan payment and your profit cash on cash. Again, take advantage of your team here.

Step 5 – Write an offer

First write the Letter of intent, then have your attorney draft a purchase and sale agreement. Make sure your attorney writes in contingencies so you can get out if the due diligence turns up some concerns.

Step 6 – Due Diligence

Due Diligence is very important. It needs to be done carefully and thoroughly.

Now What?

You’ll want to know about property management and knowing how to sell to maximize profits and minimize taxes.

Robert Kiyosaki reveals his secrets of making billions of dollars from real estate investing in his program “Roads to Riches: 6 Steps to Becoming a Successful Real Estate Investor”

From the program, Robert Kiyosaki also teaches you  how to look at deals together where you will do the research and analysis of the deals.

He teaches you some pointers and when you are done, you’ll be able to purchase your own property.

Click the image above to get your  6-Steps to Successful Real Estate Investing  program

©2012 Grace Jee. All Rights Reserved.

Technorati Tags: Asset, Cash flow, Investing, Leverage, Property, Property investing, Property management, Real estate, Real estate investing, Real estate investor, Robert Kiyosaki, Successful investing

Do you know any 15-24 year olds who would love to live an inspiring and fulfilling life?

Perhaps you are between those ages yourself?  If so keep reading…

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-  How do I know what my purpose is?

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Wouldn’t it be amazing to have the benefit of  Dr Demartini’s  40 years of experience… working with millions of people…to help you answer these critical questions?

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To your Success,
The Dermatini Institute

©2012 Grace Jee. All Rights Reserved.

Technorati Tags: Destiny, Dr Dermatini, Dr John Dermatini, Global 1 Training, Human behaviour, Inspiring life, John Dermatini, The Dermatini Institute, Young adult, Young Adults Inspired Destiny

By Des Carmody
Source:  StockCourse

In the Australian Shareholders Association’s publication “Equity” for December 2011 and January 2012, an article by Marcus Padley was published.  I felt that his wise words needed a wider currency amongst Stockcourse traders who perhaps are not members of the ASA.  So with apologies to Mr Padley I have tried to encapsulate his article and fit it to the requirements of Stockcourse traders.  Any faults that you may come across are mine and not Mr Padley’s.

INVESTORS:  For the purposes of this paper I will lump together fundamental investors, long term investors, value investors and income investors under the common head of Investors. Let us start with the first assumption then, namely, that people who regard themselves as investors would claim to be, on the whole, “buy and hold” investors who hold the belief that you cannot time the market and therefore it is “Time in the market” that counts.

TRADERS:  The second assumption must be that people who regard themselves as traders would claim to be people who think they can – to a certain extent – time the market and therefore hold the belief that “timing the market” is everything.

COMMON APPROACHES

Next, let us consider the common approaches adopted by these two classes of shareholders.

INVESTORS:

It is the common approach (by no means universal, but certainly sufficiently enough to be classed as common) for “investors” to make their trading decisions based on information given to them when contacted by their broker and given the latest thoughts on what the broker’s analysts have come up with.  For very good reasons the analysts employed by brokers can only carry out their job by conducting fundamental analysis of stocks which are on their watch list.  Read the fine print on the contract that you have with your broking firm and you will find that there are more disclaimers than grains of sand on a beach.  All care, no responsibility.

It is thus the fundamental analysts whose advice is being bandied about and these fundamental analysts are good at certain things, including:

Identifying companies that make money (and that’s the root of it all in the long term).

Identifying rubbish companies.

Identifying good management.

Identifying sector trends.

Portfolio theory.

… and most of this analysis is done with one aim in mind – to decide which stocks to buy.

Often “buy advice” is dictated by the date of a company’s results when the analysts have just published their post result research.  That morning the analysts, in the morning meetings, report to hundreds of advisers that their research has disclosed that the company is in great shape.  The hundreds of advisers then get on their phones to their clients and tell them what the analysts have concluded.

The “timing” is thus dictated by the results date.  The clients then compete against each other to buy the stock.  The price, using the basic supply and demand theorem, rises exponentially.

Too much advice focuses on what to buy and whenever that conclusion is made that’s when to buy.

There are a couple of things wrong with this stratagem.  First, by the time the advisers have contacted the first of their clients the news is stale.  The heavy hitters will have already purchased the amount of stock they need to keep their “portfolios” in balance.  This, of course, forces up the price.  Second, when the price has been forced up the analyst’s advice has to be altered and in all likelihood that advice would now be to “hold” the stock.  Even if it doesn’t change their advice the client would be paying a much higher price and thus reducing the percentage profit available.

Investors, in the main, have difficulty with:

Timing the market.  They declare that it can’t be done.

Selling.  They don’t know how.

Being disciplined.  They will watch stocks being destroyed without doing anything about it.

Being vigilant.

Having a trading plan.

Being emotional.

Being lemmings.

Being wrong.

TRADERS:

A common misapprehension about traders is that they are short term, rely entirely on technical analysis, know nothing about companies and aren’t interested in dividends or franking.  On the contrary, traders have a lot of strengths:

Traders  are not just technical analysts; they are traders which means they have trading skills.  These skills are universal and are as useful for investors as they are for traders.  Some technical analysts never trade; they just fuss over formulas and principles.  Traders are different; they live in the real world and trade.  They are quite separate.

Traders are not necessarily short term.  Techniques can be applied over any time frame.  Applied over minutes and hours and it is akin to gambling.  Apply them over days and it is trading, apply them over weeks and months and it is investing.

Traders have exactly the same ambition as a long term investor, as Warren Buffet even; the ambition to buy a stock that goes up forever.

Traders have a trading plan and because of that they never miss a night’s sleep.

Traders are unemotional.  They know what they are going to do at all times because from the moment they buy a stock they have a system.

Traders are decisive.  Traders never prevaricate, they never agonise, they know what to do, they decided way before the trade was even opened.

Traders are honest about their abilities.  They know that making money in the stock market is about buying stocks with a high probability of going up.  It’s not about predicting the future – nobody can do that.

Traders are not proud.  They know that things will change, that they will get themselves into a pickle.  The difference is that when they do, they act; they don’t stand by some grand but flawed declaration about the future through thick and thin.

Traders are not lemmings.  They are at war with the herd, thus they retain an independence of mind and action.

Traders are commercial.  They see trading as a business and they analyse their success and failure like a business.  They constantly analyse, adapt, educate and improve.

Click the image above to access your free Trading Starter Pack

FORGET THE MARKET

Any trader will tell you, you don’t hold ‘the market’ you hold a collection of individual trades and every stock or option presents its own individual trading challenge, its own separate battle.

No trader is smart enough to make one decision that will be successful for every stock/option at the same time, so instead you are going to make 20 decisions using 20 price charts assessing each on its own merits.  If you think that this is muddleheaded just consider the advance/decline statistics on, for example, the NYSE; you will see that even on those days where the DOW goes through the roof there will be a number of stocks that have declined.

You will also find without realising that by taking a stock by stock approach you end up timing the market without thinking.  If you watch 20 stocks and one by one they trigger your stop losses and you sell them, by the time the average man looks up in fear and says ‘ it’s time to sell the market’ you will find through a series of 20 individual stop losses being hit that you have already sold it.  The stocks or options spoke, you listened and you exited the market without the need for any grand declarations and you did it one at a time, ahead of the crowd and you never even knew you’d done it until you had.  That’s why we break it down into individual trades – because the stocks are the market and they will tell you what to do long before CNBC persuades you.

“The Market” is a tool of commentators, the media and fund managers who use it as a benchmark.  You have no benchmarks so be realistic and don’t talk about the market – talk about stocks.

TRADING PLAN

As any trader will tell you, you have to have a system or mechanism that tells you when to sell.  This mechanism is embodied in a trading plan that is decided upon before you even buy a stock.

This is the most fundamental of skills that all traders must have.  If you have not got a trading plan; if you have not got that plan written down; if you are not confident in your plan; if you are not prepared to change that plan when you realise that there is something wrong with it – then DON’T GET INTO TRADING.

As a Stockcourse client you have available to you the expertise of a great team.  If you need help in coming up with a trading plan you could do yourself a favour and do the Fast Track course and personal training inStockaid conducted by Simon Euers.  Also the Insiders course conducted by Michael Brooks would be of benefit to you.

STOP LOSSES

Stop losses are the essence of timing stocks and options and you will find that once you have developed a stop loss mechanism you could buy pretty much anything and after the purchase everything becomes systematised.  The system takes over.  You have nothing to worry about, no reason to stress.  All you have to do is monitor the trade and do what your system tells you.

Trading systems are not about making easy money; they are about timing the odds of success in your favour by controlling the outcome and minimising losses.  You will still need to buy stocks/options at the right time and that’s where you need to combine the fundamental stuff with your technical skills.

A stop loss is an order that automatically closes your trade at a predetermined price or trigger point.  It serves the dual purpose of limiting losses whilst at the same time providing a mechanism to take profits.  It also serves as the background for short circuiting debate and emotion whilst providing certainty.

Individual traders have their own stop loss mechanisms and quite often a combination of mechanisms that come into play at different times for trades.  For example, once an option moves into a pre-determined level of profit your stop could be changed to a moving average stop.  That is a matter that is entirely in your hands.

MISTAKES

You will make mistakes.  You will sometimes sell stocks/options that then go up again. But nine out of ten stocks/options that are going down are going down for a reason and are likely to keep going down.  And if they don’t, don’t worry about it.  The idea is to learn what works and whatever you do has to be better than setting and ignoring.

When it comes to controlling losses anything is better than nothing – and if your mechanism doesn’t work, you can always change it.

It’s up to you and the reality is that the detail of the mechanism (whilst some technical traders will agonise over the best formula) is not crucial if you bear in mind what I said earlier about changing your plan if it is not working.

THE GAME

This whole game (if I can be so bold as to call it a game) is about “what” and “when”, not just “what”.

THE QUESTION

The only question you have to ask yourself is this:   AM I A TRADER?

Source:  http://www.learntotradeshares.com/2012/04/traders-or-investors-by-des-carmody/

©2012 Grace Jee. All Rights Reserved.

Technorati Tags: Equity, Forex Trading, Investing, Investor, Make money from stock market, Stock course, Stock market, Stock market trading, Stock trading, StockCourse, Stop loss, Trade, Trader, Trading, Trading plan, Trading starter pack, Trading stock market, Trading success

Dear friends,

Many people keep asking me ” Why I trade stock market online and not get myself a full-time job even though I am a Health Care Professional ”

My answer is simple.

Trading allows me to have time freedom for my beloved family, friends and community.

Here is how you can get Stockmarket Moneymaking Tips and Strategies, week after week, that others pay more than $10,000 a year for… for FREE… But you’ll have to hurry!

Click on the image above to access your Trading Starter Pack

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For a limited time, I am going to offer you a free  Trading Starter Pack.

Friends,  don’t forget to click on the link below to get your free  Market Update  too.

http://budurl.com/StockTrading

Warm regards,
Grace Jee
http://budurl.com/StockTrading

©2012 Grace Jee. All Rights Reserved.

Technorati Tags: Make money from stock market, Market update, Stock course, Stock market, Stock market trading, Stock trading, Trade, Trading, Trading starter pack, Trading success

RICH DAD TIP:  

” One of the secrets of the rich is: Own nothing, but control everything. “

Playing  Cash Flow 101 Game  is the very first step I took to improve my Financial Intelligence.

Thanks to  Robert Kiyosaki  for creating this amazing  Cash Flow Board Game.

I strongly recommend those who want to improve their current financial situation to take time and learn about financial world.

If you don’t master your finance, you will be slave to money for the rest of your life, agree?

How to get out of rat-race and achieve Financial Freedom?

Learn it now by clicking the image above

©2012 Grace Jee. All Rights Reserved.

Technorati Tags: Cash, Cash flow, Cash flow 101 game, Cash Flow Board Game, Finance, Financial Future, Financial intelligence, Rich, Rich dad, Rich dad poor dad, Robert Kiyosaki, Wealthy

Dear friends,

Many people approach Facebook with a traditional mindset and consequently make

many mistakes along the way…

…but  Facebook  is a new medium for communication & marketing and as such

requires new methods…

…while doing Facebook consulting for health companies, landscapers, publishers and other businesses I encountered three common mistakes.

These three common mistakes are listed below and so are tips so that you can avoid them:

Common Facebook Marketing Mistake #1

=>  Flooding the news stream with too many posts

Even if you only have an hour a week for Facebook marketing you can line up all of your posts for the week.

Instead of posting as much as you can whenever you have time line your content up at the beginning of the week and post at optimized times so your content hits the news feed when the most people are looking at it…

…some sure fire engagement tactics include:

Sharing Infographics

Awesome Quotes

Sharing Pictures

Asking Questions

Common Facebook Marketing Mistake #2

=>  Posting too many sales posts

If you want your fans to care about you and your business you have to first show that you care about them…

…If all of your messages are focused on selling your products and services without adding value for your community you will find that many of your fans will disappear forever…

Luckily if you do the opposite of this and are posting useful, cool and engaging updates not only will people stay they will participate in your page and this will help your page attract in new fans as their activity is broadcast through the social graph.

Common Facebook Marketing Mistake #3

=>  Setting the default page landing tab to “The Wall”

When you first create a Facebook page the default landing tab is the wall so it is not surprising that many people make the mistake of leaving this setting as is…

…the problem with this is when people land on your wall they are attracted to the wall posts and many will forget to click the “like” button…

…with a custom landing tab you can create a strong call to action for people to click like…

…You can increase your conversion of visitors to fans even more by offering a free digital gift as an incentive that is given to visitors when they become a fan.

Not quite sure how to set up an iFrame compatible  Facebook  landing tab?

No worries, module #1 of fbPower has step by step instructions, a video, and over 15 awesome professional templates explaining exactly how custom  Facebook  tabs work…

…and the best part is once you know how to set up a custom landing tab you can charge businesses a minimum of $197 to help them set up a proper landing tab for their Facebook business page!

Check out how Facebook Power can help you get paid to Facebook and take your Facebook  Marketing to the next level:

=>  http://gracejee.fbpower.hop.clickbank.net

Cheers,
Grace Jee
Australasia Wealth Entrepreneur

P.S. Just in case you missed the news FBPower now comes with a multi-platform mobile app through which all content can be accessed.  It works on iPhones, iPads,

Androids and even in Google Chrome & Safari.

=>  http://gracejee.fbpower.hop.clickbank.net

©2012 Grace Jee. All Rights Reserved.

Technorati Tags: Business, Facebook, Facebook fan page, Facebook marketing, Facebook power, Facebook Tutorials, Internet business, Internet Marketing, Marketing, Online Business, Online Business Opportunity, Social media