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3 Key Lessons For Investing Better Than Most Americans – My …

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3 Key Lessons For Investing Better Than Most Americans – My …

Online investing is unfamiliar territory for many consumers, but by following these tips they can boost their portfolio through the Web.
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Your Questions About Purpose Of Investing Money

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George asks…

Can i have a raffle and donate the money to my own business?

I’m an Idependant Business Owner and I’m running low on funds. I have a few items kept that i can raffle off, i know raffling to gain personal profit is wrong but would it be if your investing the money into a your own business.

Justin answers:

It is considered to be a type of gambling in many states. It may not produce a profit for business purposes. Churches and charity organizations may do it though.

Thomas asks…

Can u suggest me the best book or reference site for Forex?

I am planning to invest my money in forex. Before i do so, i would like to learn the basics in forex trading. For this purpose i need few books or may be some reference site to get a detailed knowledge about foreign exchange.

Justin answers:

There are several websites that allow you to learn the basics for free. I’ll let my favorite free websites on the sources.

Good luck.

Charles asks…

Does the government check how much is in a person’s bank account for tax season/purposes?

What about if a person invests money in financial institutions such as Charles Schwab/Morgan Stanley? Does the government also know how much are in those accounts or do they only require reporting transactions (buy and sell)?

Justin answers:

Not exactly, but the bank and brokers report the income you earned to the IRS.

Daniel asks…

What are the best brands of boxing glove?

Hi all, I do a fair amount of boxing training (4 times a week) but when I first started I bought some cheap gloves for training and eventually they ended up ripping and I keep having the same problem that all the cheap gloves I used fall to pieces after a month or sometimes after a few weeks of use and I really enjoy boxing and am looking to invest some money into buying a nice pair of gloves that will last a long time and that can be used for all training purposed (bag work, pad work and sparring) I have seen a nice pair of red Rival gloves 18oz for £80 do you think they will do the job or should I be looking at something else? Thanks for any help.

Justin answers:

I like Everlast…

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HSBC to Clients: Avoid Investing in SAC Hedge Fund

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HSBC to Clients: Avoid Investing in SAC Hedge Fund

HSBC Holdings Plc's private bank advised clients to not add money to Steven A. Cohen's SAC Capital Advisors LP amid a U.S. government insider-trading investigation into the hedge fund, according to a person with knowledge of the matter. The bank made
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The strict — and not-so-strict — rules of smart investors

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The strict — and not-so-strict — rules of smart investors

I'm a big fan of Benjamin Graham's investment techniques and frequently use strategies from the father of value investing to uncover interesting Canadian stocks. With markets looking a bit shaky in recent days, it's an opportune time to focus on Mr
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Globe and Mail
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Your Questions About Investing In Real Estate

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Joseph asks…

Best Place to Market Real Estate Investing Services to Professionals in IL?

I am a new broker and my firm, I work for offers real estate investing services to professionals such as doctors, lawyers, accountants, entrepreneurs, business owners, and investors. I am looking for a way to maximize our visability for the services we provide in IL to investors looking to purchase real estate for the passive income, flipping income, and depreciation it offers. What would be the best venues to pursue to reach my target audience that would give me the best bang for my buck?

Justin answers:

I would recommend that you personally allocate 2 hours/day physically visiting the audience you seek. Prepare a script and get yourself in front of these people. You will be very impressed with the results. Good luck!

Paul asks…

I am 22 andinterested in investing into real estate. Can anyone suggest a good program that works?

I recently went to a Robert Allen seminar in phoenix, az. I was wondering if there is anyone out there that has taken his Creating Wealth with Real Estate program? It sounded like a great learning tool, and i wanted to do it, but i dont know if its just another one of those scams. Is there anyone out there that could give me some advice on how to start investing in real estate? suggestions on any programs to take? it would be very much appreciated! Thank you :)

Justin answers:

I’m 33, and have had some good results buying foreclosed bank properties at bargain price and 10-20% downpayment, adding some value by renovations and refurbishing, then marketing it as rent-to-own properties, asking for 15-25% downpayment/privilege fee, and asking for a monthly rental that is profitable in the sense that I am able to pay my monthly amortization to the bank with it, and keep a nice monthly profit as well.
I began 3years ago by attending Investing in Real Estate seminars given by URBAN Institute of Engr. Cruz, here in the Philippines. 2weeks. It was a BIG help. And also networked with real estate people doing the same technique, I decided to try it. Its safe, fast, and profitable.

George asks…

Can a non american resident get a bank loan for investing in real estate ?

I’m from europe and planning to invest in real estate in the US. Can I get a bank loan for that ? Do I need to be an american living in the US ? Do I need to create a business or something ? Or do I just need to find a property and a bank, as an american citizen would ?
Thank you

Justin answers:

Hi there, my name is Tammy and I’ve invested plenty in the U.S. You can get a loan here and the banks will typically ask for 30 percent down (used to be 20 but with credit tightening here..) and want to see your bank statements/proof of assets in your country.

A real estate investor and expert author, Maria Gudelis has written and published a recent article about

How a foreigner can buy real estate in the U.S.

That and you can find it below in the source section.

Chris asks…

Is there any way to leverage your money other than investing in real estate?

I know you can also invest in options, but the problem with that is that you can lose everything. Is real estate the only way to get leverage without the fear of losing everything?

Justin answers:

You can buy stocks on margin. US bonds on only about 10% margin. You can also buy futures on 10% margin. In all cases you can loose your investment as you also can with real estate.

Donald asks…

Are condos a good way to break into real estate investing?

I have always been interested in real estate. I’m 25 and I am really considereing making my first move on an investment property. I think a condo would be a nice way to start.

I realize condos don’t offer as much potential for profit as a house but they are for the most part cheaper and seem like a reliable stream of income if you can rent one out. I am interested in Orlando, Miami, and Las Vegas as potential areas.

I would prefer that people experienced in real estate answer this. Preferably someone experienced in condos. Thank You.

Justin answers:

Condos are a good stepping stone, yes. If you’re not going to live on the property, however, your loan will be more difficult because lenders prefer owner occupied properties over tenant occupied ones. Why not live in your first acquistion, perhaps a duplex? That way, you’ll get the best of both worlds. And duplexes have great resale value.

Whatever you do, DO THE MATH CAREFULLY. Condos have monthly fees which must be considered, and property taxes and maintenance add up. Make sure there is a positive cash flow or, if you live there, that considering your gaining a residence, it works for that reason.

Good luck!

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Income Portfolio Update – Value Investing In A Low Volatility Environment

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Income Portfolio Update – Value Investing In A Low Volatility Environment

That's not bad. Our goal in our most Conservative virtual portfolio was to make $4,000 a month so a person with $500,000 in a retirement account can generate $48,000 a year to live on without touching (and, hopefully, growing) the principal. As we're
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Your Questions About Stocks And Bonds For Kids

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John asks…

How do they determine child support if non custodial parent is unemployed?

I was dating this guy for 6 months, and we were awful for each other. We had nothing in common, he comes from money and I don’t, he’s very socially awkward and kind of stuck up and I’m very outgoing, so we fought alot. needless to say, we broke up after 6 months of dating.. A few weeks later, I found out I was pregnant. I tried to involve him, but he wanted no part in our daughters life. At first I let my pride get in the way and told myself I didn’t need his help in raising her, and I’ve been doing it on my own. However, its very overwhelming financially as a single mom, so I recently swallowed my pride and filed for child support.. The thing is, my ex, who’s 26, doesn’t work. He’s a “trust fund baby”, or atleast thats what I call it…He owns his own home, His parents, a criminal defense lawyer and a interior designer, pay all of his bills, and he uses inheritance money that his grandparents left him to pay for everything else. My question is: do the courts take into account assets, banking/savings accounts, and stocks/bonds when calculating the dollar amount for child support?? Heads up, I don’t wanna hear any gold digger remarks, I wanted him to know our daughter, but he wanted an abortion and even tried to buy me off if I put the baby up for adoption. Now he denies its his kid. I don’t care what people think, I’m only interested in giving my daughter the life she deserves, and why should he be living it up when I spend every single day struggling to make sure my lil girl has food and clothes and money for child care? So be nice, guys!

financi4 answers:

For the most part, his assets won’t be considered. But his earning potential will be. His earning potential is minimum wage unless he has any education.

How much did he want to buy you off for? If it’s at least 18 years of minimum wage child support, take it and let him sign away his rights. You have child support, paid in full in advance, and he has nothing more to deal with.

George asks…

23 year old medical student, where to invest $100,000 with 10-15 year window?

I’m a 23 year old medical student. I’ve accumulated just shy of $100,000 in cash from various jobs, grants, scholarships, etc over the last 5-6 years and I’m looking for investment ideas with a window of about 12-15 years with a goal towards maximizing growth with no need for liquidity. I want to put the money away, not think about it, and have it grow at the rate of the market or better for 15 years, and pull it out roughly at age 40 or later (hopefully taking it out at peak value)

I’m been advised to look at the mutual funds, particularly the Vanguard 500, as well as low minimum hedge funds. Are there other options I’m missing? If mutual fund, what balance of stocks:bonds best suits my goals? Are there any other options that I’m not considering….venture capital, real estate, collectible beanie babies??? (kidding on the last one…but I’m open to anything)

Thanks for the advice.

GG

financi4 answers:

Where are you living? While I think the more expensive coastal areas will come down further (especailly considering the next round of foreclosures coming up), the houses are so cheap in some palces (less than$100k), they won’t go down much further.

The US could avoid inflation duing the next 1-3 years, but i t will be back with a vengence.With all the debt, there is not much of an alternative. Real estate is a much better hedge aginst inflation than gold – unless the country falls into such anarchy that property rights don’t mean as much as a guy with a gun, but this is highly unlikely, even if we do have a depression.

You have to be careful with hedge funds. A conservative hedge fund is actually safer than a mutual fund and will likely get better returns over the long run. However, because hedge funds have less tranparency, you could lose a lot quite easiliy (see “Bernie Madhoff”). I would want a fund that is consistently in the top 20% in performance, but never in the top 5% (too much risk).

Seriously speaking, I’m willing to bet that your parent’s have a good amount of investments. How did they do during the last two years? If they had a good advisor, they should have been abale to avoid a lot of the carnage. In that case, you could use the same advisor. If they DIDN’T avoid the carnage, perhaps they know someone that did?

IMHO, the last thing anybody would want to do right now is drop some money in mutual funds and let it sit for a decade or more. Too many headwinds.

Daniel asks…

How do they determine child support if non-custodial parent is unemployed?

I was dating this guy for 6 months, and we were awful for each other. We had nothing in common, he comes from money and I don’t, he’s very socially awkward and kind of stuck up and I’m very outgoing, so we fought alot. needless to say, we broke up after 6 months of dating.. A few weeks later, I found out I was pregnant. I tried to involve him, but he wanted no part in our daughters life. At first I let my pride get in the way and told myself I didn’t need his help in raising her, and I’ve been doing it on my own. However, its very overwhelming financially as a single mom, so I recently swallowed my pride and filed for child support.. The thing is, my ex, who’s 26, doesn’t work. He’s a “trust fund baby”, or atleast thats what I call it…He owns his own home, His parents, a criminal defense lawyer and a interior designer, pay all of his bills, and he uses inheritance money that his grandparents left him to pay for everything else. My question is: do the courts take into account assets, banking/savings accounts, and stocks/bonds when calculating the dollar amount for child support??

Heads up, I don’t wanna hear any gold digger remarks, I wanted him to know our daughter, but he wanted an abortion and even tried to buy me off if I put the baby up for adoption. Now he denies its his kid. I don’t care what people think, I’m only interested in giving my daughter the life she deserves, and why should he be living it up when I spend every single day struggling to make sure my lil girl has food and clothes and money for child care? So be nice, guys!

financi4 answers:

Sadly, she will never have the life she deserves which includes the love of her father. Maybe someday this self-absorbed man will wake up to his MORAL obligation to love and protect all the offspring he fathers.

Meanwhile, all you have is the law and the courts which can give you some small amounts of money in support. Since he is unlikely to creates loads of earned income anytime soon, be sure get a forensic accountant to look for passive income from dividends and annuities. Sadly, his lawyer parent likely has contacts with lots of other lawyers to well hide any assets, you may have to settle for an small amount.

Charles asks…

What is the most unusual investment you ever made?

Conventional wisdom is that you should own your house and have a mutual fund, probably a blend of 80% stocks and 20% bonds. Still awake? Maybe people don’t save enough money because it is so dull.

What is the most interesting or unique thing that you ever invested in? Silent partnership in an Ostrich farm startup? Buying rare earth element nuggets on Ebay? Did you speculate on cabbage patch kids in the 1980s?

Were you just having fun or seriously trying to make a killing?

How did you justify the risk to your spouse, drinking buddies, or mail man? And how did it work out for you?

financi4 answers:

Bankruptcy claims on defaulted K-mart lease.

“Were you just having fun or seriously trying to make a killing?”
Stll not sure what I was thinking

How did you justify the risk to your spouse?
She divorced me anyway

“Drinking buddies?”
They were in on it with me

“or mail man?”
What exactly are you saying talking about my wife and the mail man ?

“And how did it work out for you?”
I learned not to invest in something hatched with my drinking buddies while my wife was at home screwing the mailman.

James asks…

trying to decided on a title for my book any ideas for one?

this is some of what i have tell me ideas of titles and wht you think:) prolog
every day is a mystery now i use to think i had my whole life planned out. get married, have children watch my children grow up and get married and have children of there own i never new it could be changed in a split second, but then again in the world we live in why wouldn’t i expect that.
my life is pretty different now, always on the edge constantly uprooting and relocating just to hide secrets from the real world… .its not a life i have imagined but its my life and i would never nor could i ever change it for the life of me …
my name is Arabella Caroline Marshetta I’m twenty two years old as a human and as a vampire I’m two hundred thirty eight years i was born and raised in savannah Georgia July fourth seventeen eighty three, and i was considered one of the most beautiful girls in savannah i was a true southern bell beauty brains and a heart of gold or so i made it out to seem that way. my family has been around for a very long time four centuries to be exact .and have made a direct point to make sure my family is well behaved and stays under the raider. but that’s kinda hard when your trying to control a whole bunch of new born vampires …. which is near impossible but not quit there yet so it is possible . you have to move fast think quick and teach when ever possible . or else your secrets never stand a chance. my family revolves around Alot of secrets and Alot of money, but when you’ve lived for four centuries you learn the trick of the trade and .when there’s no need for human food all the time well you have plenty of time to put money
in saving stock and bonds and what not… any ways as i was saying my families secrets are more rare then others like us mainly because there’s a lot more then others like us. people don’t understand us we are the biggest contributors to funds in town and are family is known as the marshettas the biggest family
in the south next to the claybarn family they have us beat by four kids.
chapter1
waking up in that Georgia heat was horrible absolutely indescribable…… .but i remember it like it was yesterday. sitting on the front porch sipping sweet tea in barely any cloths . as a matter of fact I had on one of daddy’s under shirts that he gave me and a pair of his trousers that he never had worn . he thought i was being over dramatic as always but of coarse i wasn’t it was the hottest summer in Georgia yet! daddy was talking to his friends about war and politics, i don’t understand why he try’s to bare listening to the craziness he hate politics and since grandaddy died in the war of independence he is not to keen on the whole subject of war . he didn’t have to fight be cause he was the only boy .
me and momma where sitting on the porch discussing my birthday ball. its very big deal considering i was born the exact day a year after the war ended . so we always went over bored . i was turning fifteen and to my family it was time for me to start settling down and looking for a suitable husband well that was there job according to them . i had different views on the subject . but there was one slight snag to that whole ordeal everybody from Georgia to Virgina new who i was and had a place for me in there hearts but never for marriage, back then my name was Arabella Caroline Joehansen people personally knew me as miss arie . which was cute but my daddy called me that so at times very awkward ….so as i stood where i was then a rock in a hard place who wanted to marry the town harlot . so on my fifteenth birthday i made a decision i never saw coming.
I was going to move away and start fresh on my own explore the world if i had to . i was bound and determined to find a husband with out my parents help or with out them knowing of my past and i would be damned if i was marring someone from my past or someone my parents choose for me . i believed in true love and i was certain i could find it on my own . so i left Georgia and headed for Massachusetts on July fifth seventeen ninety eight, that was the day i never thought id look back on Georgia .making it to Massachusetts was the easy part the hard part was being on your own alone in a city full of strangers who talk funny and don’t understand a word i say . I’m not that country i was certain of it but to them i was .and to top it off they were so mean never smiling or laughing always had a stick up there but or something .i lived there for five months working is a sewing shop for this lady miss Trisha . she was a god sent! she gave me a place to stay and a job she said i reminded her of her self when she was my age which i found very touching . because miss Trisha was a beautiful blonde haired blue eye lady who had a mind of her own and was not afraid to speak it!
heres my email if you jessicaoster68@yahoo.com lt me know if you want more :

financi4 answers:

1. This is REALLY good so far!! 2. Im not very good at names of books but i no ive read books where the title of the book comes up alot in the story. So when you finish writing the book, look back and see if you repeated a word alot. You can also think about what the book is about and try to put it all in a few clever words. Since the main character is a vampire, try having the title about or having to do with vamires. Hope this helps!! :)

Ken asks…

i would love it if some one would tell me what they think of my book :)?

yes i know it has a lot of errors im not looking for that im looking to see what you think and if its any good to get published would you read it ? do you enjoy what i have so far what do you think should go next ? if theres any thing that does not sit right with the year it takes place in . wll here it is the nam so far is
forever walking at night every day is a mystery now i use to think i had my whole life planned out. get married, have children watch my children grow up and get married and have children of there own i never new it could be changed in a split second, but then again in the world we live in why wouldn’t i expect that.
my life is pretty different now , always on the edge constantly uprooting and relocating just to hide secrets from the real world… .its not a life i have imagined but its my life and i would never nor could i ever change it for the life of me …

my name is Arabella Caroline Marshetta I’m twenty two years old as a human and as a vampire I’m two hundred thirty eight years i was born and raised in savannah Georgia July fourth seventeen eighty three, and i was considered one of the most beautiful girls in savannah i was a true southern bell beauty
brains and a heart of gold or so i made it out to seem that way. my family has been around for a very long time four centuries to be exact .and have made a direct point to make sure my family is well behaved and stays under the raider. but thats kinda hard when your trying to control a whol bunch of new born vamipers …. which is near impossible but not quit there yet so it is possible . you have to move fast think quick and teach when ever possible . or else your secrets never stand a chance . my family revolves around alot of secrets and alot of money , but when youve lived for four centuries you learn the trick of the trade and .when theres no need for human food all the time well you have plenty of time to put money
in saving stock and bonds and what not … any ways as i was saying my familys secrets are more rare then others like us mainly because theres alot more then others lik us . people dont understand us we are the biggest contributers to funds in town and are family is known as the marshettas the biggest family
in the south next to the claybarn family they have us beat by four kids .
chapter1

i was born and raised in georgia i remeber like it was yesterday. sitting on the front portch sipping sweet teain barely any cloths . as a matter of fact I had on on of daddys under shirts that he gave me and a pair of his trousers that he never had worn . he thought i was being over dramatic as alway but
of coarse i wasnt it was the hottest summer in georgia yet ! daddy was talking to his friends about war and politics , i dont under stand why he trys to bare listening to the crazyness he hate politics and since grandaddy died in the war of independence he is not to keen on the whole subject of war . he didnt
have to fight be cause he was the only boy . and me and momma where sitting on the portch disscussing my birthday ball. its very big deal considering i was born the exact day a year after the war ended . so we always went over bored . i was turning fifteen and to my family it was time for me to start settling
down and looking for a sutable husband well that was there job acording to them . i had different views on the subject . but there was one slight snag to that whole ordeal everybody from georgia to virgina new who i was and had a place for me in there hearts but never for marriage back then my name was
arabella caroline joehansen people personaly knew me as miss arie . which was cute but my daddy called me that so at times very awkward ….so as i stood where i was then a rock in a hard place who wanted to marry the town harlet . so on my fifteenth birthday i made a decision i never saw comming .i was going
to move away and start fresh on my own expoler the world if i had to . i was bound and determind to find a husband with out my parents help or with out them knowing of my past and i would be damned if i was marring someone from my past or someone my parents choose for me . i believed in tru love and i was certain i could find it on my own . so i left georgia and headed for massachusets , that was the day i never thought id look back on georgia .making it to massachusets was the easy part the hard part was being on your own alone in a city full of strangers who talk funny and dont understand a word i say . im not that country i was certain of it but to them i was .and to top it off they were so mean never smiling or laughing always had a stick up there but or somthing .i lived there four five months working is a sewing shop for this lady miss trisha . she was a god sent ! she gave me a place to stay and a job she said i reminded her of her self when she was my age which i found very touching .thats all i could fit on here want to know more let me know :)

financi4 answers:

I think it is a really great idea and could become a good book. Um you repeat the part about being born and raised in georgia a few times which you don’t need to. Also, there isn’t much description. It’s a bit too straight forward “this is what happened” for me, so I think you should add more detail. Good luck I hope this helped

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