Your Questions About Investing In Real Estate

Richard asksā€¦

how do i start investing in real estate with absolutely no money?

i am doing my final year at university and work part-time at a property development firm.my long term goal is to own something similar.i am passionate about real estate and would love to start with investing but i have absolutely no money.how to i start,what can i do?i read tonnes of books and articles but i would love to have something tangible to add.
please advice me,all advice is welcome,except negativity!

financi4 answers:

We have bought property with no money down and we have bought property where we have been paid to take the properties. There are deals out there, but they are hard to find, and you need connections. We have been in real estate for 25 years and have the networks. With you just starting out, it is not impossible, but very unlikely that you can find nothing down deals. There are a lot of real estate gurus who will tell you that they can show you how to buy property with nothing down, but these gurus are just trying to sell their courses. You need to find a mentor and you need to gain experience. I know that’s not what you wanted to hear šŸ™

Michael asksā€¦

What is the most easiest way to get into real estate investing?

What are some ways to begin in real estate investing with litttle or no money? Can you start in real esate investing with no money?

financi4 answers:

Join a real estate investing club if there is one in your area. The education is priceless.

Find a wholesaler…these are mostly the guys that have the “I Buy Houses” ads on the street corners and newspapers.

Find a lender who will lend based on Appraised Value rather than on Purchase price. This is not easy to do, but it is possible. You can also work with Hard Money Lenders…steep rates, but often worth it.

My first deal was a house from a wholesaler. It appraised for $51,500 and he was selling it for $26,200. (He got it from a bank for $10,000 I later found out).

I had a hard money lender loan me all the money and then refinanced one week later (which is not easy but can be done) and cashed out at 80%. The hard money lender arranged everything.

In short, I bought a house for $32,000 ($26,200 plus fees and closing costs) with hard money. Refinanced at $42,000. Left closing with approx. $10,000 (42k-32k) and still had almost $10,000 in equity. Not one dime of my own money.

Thomas asksā€¦

How can I find funding through grants or loans for real estate investing?

I am doing research on starting in real estate investing. I have heard that grants or loans are available from government or other sources to buy, rehab, or otherwise start in real estate investing. Where can I find out about these?

financi4 answers:

Most government grants are in blighted areas where they want to spur rehabilitation of neighborhood properties. As far as I know there are no federal grants avalable unless you are revitalizing a property which will end up on the national register of historic properties, but these would have little to no profit potential due to the high cost of rehab to get the property to standards. The local programs generally only give 5-20k for help in rehabbing homes, but unfortunately come with so many strings attached that you will be begging them to take their money back just so you can get them out of your hair. Once you invite them in, you many times lose the grandfather clauses on any number of code requirements that have been put in place since the particular home was built and you have to spend as much if not more than the grant money to get the place up to the government standards that they require in exchange for the grant.

In my honest opinion, better to just get your own loan and go it alone….

Joseph asksā€¦

What does it take to get into real estate investing?

I am 19 years old and i am trying to figure out my career. I have a big interest in getting into Real Estate investing. But I don’t know how to get into it. Everybody tells me to find a mentor, but they are either so expensive or theres the decision if its worth the money or people tell me you have to be rich to start. There has to be a way around that. What does it take? Whats the best way? How do you start out? What are the steps?

financi4 answers:

Have you heard of Robert Kiyosaki, who wrote a book called Rich Dad, Poor Dad? Check out one of his books @ the library, read it, and then go signup up for RichDadWorld.com – there is free information there on how to start. Best of luck to you.

John asksā€¦

How to get start in Real Estate Investing?

I have been doing research about real estate investing and have a few questions about the process. Is the first thing I need a broker, banker, or a seller? Do I need to see mortgage company or can I just take a loan out form the bank? What kind of down payment do you need? Does anyone have any information about tax break, cuts, or property taxes regarding real estate. Any additional information would be helpful, I’m still in a learning phase.

Thank You

financi4 answers:

First thing you need is a plan. You ask a lot of good questions, and as Eddie G said, a real estate book may be your best bet. Once you are done with that, meet with an financial planner and an accountant. This way you have a better idea of what is your strategy and what direction you want to go in.

Are you looking at long term residual income? If so are you looking at Commercial, residential, land opportunities, easement options? Do you want to flip properties for short term capital growth? Do you want to start off on your own home and growth from there? Know the tax advantages of all as well as exit strategies.

You can go to your own bank for a loan, but you probably want to work with a lender that knows what they are doing and can help direct you. You also want to make sure you get the best rate/service for the price. Banks have less options then mortgage lenders.

Down payment depends on what you buy: Land and commercial can be difficult to impossible to get now: the were requiring about 30-50% down. Residential properties that are rental require a larger % down then residential that is owner occupied. Owner occupied can be al low as 3.5% for FHA loans (be prepared for closing costs so up to 5%), or for conventional loans where you don’t have to pay for PMI (private mortgage insurance) it is usally 20% but can be 25% is you live in an area that is considered trending down.

As you can see, from the few questions I answered, you have a lot of options. Read some more and make your plan.

Good luck!

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Your Questions About Stocks And Bonds Basics

Robert asksā€¦

Reading a Company’s Annual Report at an Investor’s Standpoint?

I am young and new to investing, especially in the stock market. I have to admit that I have not yet gain broader principles and tactics on investing other than the basics, nor that I have the necessary capital to risk in investing an any other securities that aren’t as protective as cash equivalencies (money market account, savings bond, certificate of deposits, etc) but I am ready to do extensive research on companies I’m willing to invest in. And my research had lead me to a company’s annual report.

I had a glimpse of my potential company’s annual report, but man, it was longer than I anticipated. In addition, I don’t know exactly how I’m suppose to ‘go about’ analyzing the information in it. Although not left in the dark, I was overwhelmed.

Can somebody give me some pointers in deciphering an annual report? Other than the obvious, could someone advise me on what areas of an annual report that fundamental investors strongly considers looking at over the rest?
Okay, ANY kind of help would suffice.

financi4 answers:

The Annual Report, or 10-K in investor parlance, is the summary of the company’s operating performance in a given year. The first page of any annual report (apart from the glossy marketing material) is a standard page identifying the dates that are covered, the number of outstanding of shares, and the given value of the shares.

It is generally useful to have a minimum of 5 annual reports for a given company: the 10-k of the given year, the 10-k from some prior year (best if it was an especially tough last year), the 10-k of a competitor from the same year and also from another prior year, and a 10-k from a company that does business with your company.

Why so much reading? The point is to get a perspective on how the company is doing business. The annual report typically has a section called the MD&A, or manager’s discussion and analysis. Read this! It gives an idea of what the numbers mean in the given economic enviroment (or at least, it should make things clearer…what is management considering, reporting, etc?)

The next section of real importance is the financial numbers: look for the balance sheet (and look sharply at the numbers!). Does the company carry a lot of debt? Does the company have adequate credit? What assets are being claimed? (lots of accounts payable in liabilities? Lots of accounts receivable and little cash? Etc.)

Then, turn your eyes to the Income Statement. How is the company making money? Do you know the company’s model? Strategic advantage, or ‘edge’? Do the numbers make sense? (Here is where having prior statements helps, or having a competitor’s statement helps.) If the company says it will grow earnings by 20%…is this claimed by its competitors as well? Maybe the whole market is growing (excellent!) Or maybe the market is shrinking, but this company is tough as nails.

Finally, check the Cash Flows. Though this is a short-sighted look at a company’s operations, many investors like to see this because it is hard to really cloud the cash picture. You either have cash, or you don’t.

Start by reading a book like “Financial Intelligence.” It will help you go through more of the finer points of the annual report. Look on www.footnoted.org, the lady there has an excellent book on reading annual reports/quarterlies and spotting financial ‘red flags.’ Michelle Leder’s “Financial Fine Print” is excellent.

Then, look at your company’s “footnotes.” Remember always that the annual report is a “PR communication” from the CEO / management to investors.**Think critically!

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Your Questions About Invest In Gold Online

George asksā€¦

I hear land in Africa is cheap..especially in Nigeria,,, with gold and oil..?

Can i buy some property from Africa online??? If anyone knows of any website with such info go ahead and email me..I want to invest in Africa…I want to have Oil fields like some Nigerians..

financi4 answers:

Yes you definitely can. I can help you make a purchase of 50 acres of Nigerian oil fields for $50 million. Please send a check payable to Master Tong.

David asksā€¦

investing funds into new fuels?

I’ve never invested before, and know essentially nothing about the stock market, its trends, its life, etc. Who, where, when, etc should i go to for direction into investing into new fuels such as bio-fuels….ethanol,algae, bio-diesel, etc. Would that same person, preferably a real face to face intersaction rather than an online organization, be able to invest my funds in gold, or salt, or water, or mr.kims dim sum shop, etc. just need a lil bit of advice thats all.

financi4 answers:

If the advice you needed were that little, you’d be able to get it for yourself without asking for help. The truth is that you have no basis for decision-making at this juncture. When people try to make little of the task at hand, they’re usually in denial. When people put their cash in front of a horse named “Denial,” they will ALWAYS lose it. There are too many thieves out there who are unscrupulous and won’t hesitate to take advantage of you.

I’m a professional l energy trader. I work at this six days a week, sometimes seven. I love it, not because I make a pretty good living but because I find it exciting. It moves quickly, the threat of geopolitical intervention is always there in the form of one crisis or another. Nobody should invest in new fuels without intimate knowledge of what those fuels are, how they work, who has the money to support investment initiative and what government connections are in place to give a hint as to future opportunities for the fuel and its supply companies.

There are scores of places and people you can hand your money over to but I wouldn’t recommend a single one. The only way to make money in this is by managing your investments on your own and using your own talents and thirst for knowledge. Anything less is a pure crap shoot.

Allow me to suggest you Google: modern day fuels, biomass fuels, solar energy applications, oil and natural gas solids/equivalents and “organic rankine” systems. You will quickly gain an understanding of the lay of the land and find yourself learning precisely the things you need—BEFORE investing.

Good luck!

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Your Questions About Investing Money

James asksā€¦

Why Bernard Madoff had stopped investing money?

Why Bernard Madoff stopped investing when he had enough money? I mean, why he started Ponzi scheme?
Is it because, he couldn’t make enough money from his investment or, he gave more return to his investors than he used to earn? Or both?
Or, there is/are other reason/s?

financi4 answers:

Greed & ego.

Paul asksā€¦

Can I earn money through net without investing even a single paise investment? Guide me Properly.?

I would like to earn money through net. Ya I have sound knowledge of internet scriptwriting. Can I earn money through other procedures on net? Can I feel that net is the best medium to earn money without investing money? Can I rely that my rigidness to earn money through net is quiet right? I would like to see myself as a best seo scriptwriter. Would you please give me proper guidance.

financi4 answers:

1.Go to this link join it. You get money for clicking on ads. About 100$ per ad.

Http://www.earnptr.com/pages/index.php?refid=kevw13

2.Adbux
Same but get lesser money.

Http://adbux.org/?r=kevw

Donald asksā€¦

Should I consider investing money with my impending college expenses?

I would really like to invest my money (i have been reading some books on this lately). Is it a smart idea to use this money to invest when I will likely use much of it for college expenses within a year or so?

financi4 answers:

Jeff410 has the right answer – no. I would just like to add a little bit of detail as to why this is the right answer and a offer couple of suitable options for you.

When you invest in the market, you have to be prepared to ride its ups and downs. One year is just not enough time to recuperate your losses. For a very good illustration of this, compare where the market was in 2007 and now. Even three years later, the general market and most stocks in general are still showing a loss.

If you are counting on using your money for any upcoming specific expense, then you will want to shield it from any potential losses. Any money that will be needed within a year needs to be kept accessible and safe.

If you want to earn some interest on your money, while it will not be much considering current rates, you can invest in some short term CD. Alternatively, you can look around for savings accounts that have a higher “promotional” rate that lasts for the first few months of your account (a lot of online banks like Ally and ING are offering these). Since it is a very short time before you will withdraw the money, the promotional rate savings account might give you a better yield than CD. You would have to crunch the numbers to determine the yields on the various accounts.

Joseph asksā€¦

I would like to start investing money for my children in the future, how would I do this?

I am 23 years old, single, and I have 2 children. I work a good job, however, I don’t have that much money to invest, but I would like for my children to have a better future than I did. Any suggestions?

financi4 answers:

Since you have 2 kids, it’s a good bet that at least 1 will go to college, so a 529 is a good idea. The earnings are tax free if spent on education. 529’s do have 1 caveat. If not spent on education, the earnings are taxed as normal income when withdrawn AND penalized by 10%.

I’m providing a link to the best 529 guide out there provided by Clark Howard, a syndicated radio consumer advocate. On these, you usually sign up directly with a state plan (not necessarily your state of residence) and not through a broker. You save fees and money this way.

Another good way to save for them and not risk the 10% penalty, is by saving within your Roth IRA. If you need the money for them, you can withdraw all of your contributions (not earnings) without penalties or taxes. If they don’t need it, you’ve got extra money for your retirement. Pretty slick, huh?

Daniel asksā€¦

how does a retirement account work? how how does my money grow by investing in a retirement account?

I know that once I invest money in a retirement account I can’t touch it unless it’s for emergencies but I would like to know how does my money grow in this type of account and how soon can I see results?

financi4 answers:

When you are investing, you have to invest for the long term to see any results. In the beginning years, you may be quite emotional to the market fluctuations. If market went down, the value of your portfolio went down. Your natural response would be, “I lost money.” But the fact is you haven’t lost or gain any money because you didn’t touch your money. How your portfolio performs depends on these factors:
1) What is your average price per share compare to current price per share?
2) How long have you had the investment?
3) Dividends and capital gains payout (if any)
4) Type of investment. Are you invested in conservative funds or large growth funds? If you want higher growth, you need to be willing to accept higher risks.
5) How disciplined are you? Are you going to pull out when the stock market is down or are you going to stay in and continue to invest?

William asksā€¦

i am investing all my earning money in gold is it good?

i do not have any commitments. So i am investing all my earned money in gold. is it ok? or else what is good idea for investing money.

financi4 answers:

Gold is at an all-time high. In bad times gold goes up, but when things get better it comes back down again. If you had lots of investments it might not be a bad idea to have -some- gold, just in case the economy collapses completely. (But then if it really did collapse, gold would be worthless ‘cos you can’t eat it or put it in your car or heat your home with it.)

Besides, the companies that advertise on Glenn Beck et al are selling ‘rare’ coins, of which most of the value is numismatic. That’s a TERRIBLE investment. If you’re going to buy gold, buy bullion or some form where you are actually paying for the gold itself.

But I would say you should open an account at a non-commission brokerage like Charles Schwab. Get some literature on mutual funds, see which ones have done the best in the last few years, and divide your money between them. Mutual funds used to be considered sort of exotic, but they are professionally managed and most of them do better than the stock market as a whole.

Richard asksā€¦

what do you think is the practical and best way of investing money?

i want to invest my money first before starting a small business, but i don’t know how and what’s the practical way.also, im not sure of loans programs and buying stocks is kind a gamble i might totally lose.

financi4 answers:

Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan.

Go to : low-cost-stock-recommendations

.com

Click on the “DRIP’s” Button on the Navigation Bar

These powerful investment plans are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.

They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. They are a must for any serious investor.

If you decide you are interested in DRIP Plans, I believe there is instructions on the webpage.

I strongly recommend looking into it. They are great plans.

Good Luck

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Your Questions About Invest In Gold Mining Companies

Thomas asksā€¦

What do you think the share price could reach?

I invested Ā£5k in Archipelago Resources (AR.).

News…

Archipelago is pleased to announce that it has poured first gold at it’s 95% owned Toka Tindung Gold Project in North Sulawasi, Indonesia (“the Project”).

This milestone marks the commencement of production at the Project. It was achieved one day after the target date of the end of March 2011 and within the project finance budget.

While some construction activities not essential to the first gold pour remain to be completed at or peripheral to the processing site, all of the major items of ore processing equipment have been successfully commissioned including the oversized crusher and mills acquired from the El Tambo gold mine in Chile. The plant is operating in line with expectations for start-up and throughput will be steadily increased in accordance with the Company’s ramp up schedule.

The mining operation is well advanced despite substantial recent rainfall and the Company currently has approximately 85,000 tonnes of ‘run of mine’ (“ROM”) ore, currently representing approximately 3 weeks production, stockpiled on the crusher ROM pad.

DorƩ ingots comprising approximately 70% gold and 30% silver will be produced in the gold room at site and shipped to the LME certified Logam Mulia refinery in Jakarta, where refined gold of 99.99% purity and silver of 99.9% purity is produced.

The Toka Tindung Gold Project has a resource of 1.7 million ounces of which 1.1m will be minable by way of open pit mining. It is targeting production of 110,000 ozs of gold equivalent in calendar year 2011, with an annual average production of 160,000 ozs of gold equivalent over the first 6 years of the initial 8 year project life.

As previously reported, the Company will spend US$30m of project generated cash on an exploration program to be undertaken over the next two years. The number of drill rigs will double from 2 to 4 in the second quarter and the first batch of assay results are expected to be available and approved for release in early Q2 2011.

Mr Loosemore, Managing Director and CEO of Archipelago, commented:-

“The first gold pour marks the final step in Archipelago’s transformation from an exploration and development company into a production company. We are very pleased to have reached this milestone close to target which is testament to the extraordinary hard work of our employees and contractors at Toka Tindung in challenging climatic conditions. We will continue to work diligently to ensure a successful ramp up to full production, as well as expand our asset base through a major exploration campaign.”

I have a good feeling that this could make a lot of investors happy.

What do you think? Have I bought at the right time??

financi4 answers:

The problem with news like this is that it usually is published well after the investment community and insiders have known about it. That typically means that the price of the stock has already priced in that news and you will need to see what the next few press releases of 10Q’s have to say to see if there is continued good news before you see much of a bump in the share price.

Having said that, it sounds like this company is moving in the direction it feels it needs to go and is on schedule to do so. If you hang on for the ride, I hope you make lots of money. Good luck!

Daniel asksā€¦

Otoy and AMD, on Cloud Computing..?

Im looking to invest in Cloud Computing as i know it will soon be Gold MIne. Through my reserch i belive otoy is my best choice. (If you disagree please tell). My question is which do i invest in AMD or otoy. And if otoy, how do i go about investing in it?

Also, if you think theres a better Cloud Computing company out there, please mention.

financi4 answers:

George Gilder has been the leading investor in OTOY. He has a message board that you can contact him on called the Telecosm Forum.

Http://www.gildertech.com/contactus.html

http://www.forbes.com/forbes/2009/1102/technology-otoy-videogames-software-game-changer.html

Chris asksā€¦

Should I sell or should I rent?

My previous question was not clear. Now I will make clear to you because I never hide anything.
I have an old house. Should I rent it or should I sell it?
I think that in today economy the worth of houses like mine are much smaller (in money) compared to its real worth.
The house is selling together with the land. The investor wants to ruin my house entirely and to build new house. Not only they want to ruin my house but they want to ruin the house near me.
Investors want land, not houses. I would be happy to find some person that will buy the house for living and not for ruining.
Some people think that my house is worthless. Yet, some think that is gem of the house.
For me, the house is family treasure. It is very well build, although old.
When I asked my mother about the house, she said to me:
” son, if you want you can live there and create family. If you want we can sell it or if you want we can rent it.
We are in doubt what to do. I am not married and I do not have such income to pay the bills of the house. Also, the house is not entirely ours so if sell it, we will not receive the full amount of money.
It is good house for whole family, that is to say, husband, wife, children and old parents.
But, because I do not have such family and because our modest flat is enough for me and for my mom, we do not need so large house.
I think that money invested in property worth more than money in cash.
Some people invest in gold and for us our house is golden.
However, living in house requires constant working and paying the bills. I think that I am not able to make enough income to support whole family (that I do not have) in such house.
In one word, I am afraid or responsibility of having wife and living in big house. I am not sure that I can provide for bills.
Our house is too big and our flat is too small. Maybe the best solution for me is to sell the house and with part of such money to buy smaller apartment and to have enough for bills.
yes, I have to admit that sometimes I had hopes to live in such house with wife that will love me
But, my sweetheart has left me and made such fool of me and now I do not need such house.
Some people like to insult others and in return to have everything waiting for them. For example, for my sweetheart my house is too old, for her I am not good enough.
One thing I am not able to understand: while some ladies from Russia dream of such house, of love songs and movies and of somebody who will wait for them, for my sweetheart nothing is good enough. She thinks: some people have better houses, some people have university degree and some people are presidents of large companies. She thinks: “From all that rich people waiting for me, how I find this unemployed idiot?”

financi4 answers:

You seemed to have gone a bit off topic here about your sweetheart, but I understand. If it were me, and I was in that situation, I would rent the place out. Godged has a point about the expense of the up-keep of the place. The benefit of being a small time landlord is if you have some handy-man skills to reduce the up-keep and maintenance cost of the building. I don’t see why it matters to you what a new buyer is going to do with the place as long as you get your money’s worth out of it. I don’t know where you are living, Russia? Or what the real estate situation is where you live, if you think property values will go up where you are living, it may make sense to hold on to the place and rent it out. The headaches are bad tenants who are late with the rent and if you can even get the place rented at all. If it does not get rented, you are paying for two places. You may have to put money into the place just to get it rented, depending on the condition the place is in.

Richard asksā€¦

Have I made the right investment choice? I’m 21?

I received an inheritance and invested in the following ways:

I obviously thoroughly researched each company first,
I invested the following:

$10,000 woolworths

$10,000 Coca Cola

$5,000 berkshire hathaway

around $3,000 invested in other gold mining / grocery / oil / liquor companies.

around $2,500 gold coins.

I have another $5,000 invested in a family business.

I have $10,000 left in savings,

People are saying I have wasted my inheritance, (family)

not careful with money, sure I spent a few thousand on items I needed to replace first, (car, debts etc)

help me out here, what do you think? have I made bad choices?

financi4 answers:

You did pretty well I feel. Coke and BH are solid. Woolworths I’m not sure about, only that they died in the US over a decade ago. Gold coins, you might be safe for about a year, but as soon as the economy starts turning around, sell about half, because it has a habit of crashing in good markets. Since you have no debt, keep about 8 months of cash for emergency, and put the rest in rotating CD’s.

Mark asksā€¦

Is this a smart investment?

Right now I have made around 25,000 dollars off of SecondLife.com.I plan to invest 15,000 dollars in green energy stocks and also in Northrop Grumman stocks. Me and my father and friend will each ask the Royal Canadian Bank each a 35,000 dollar loan so that we can buy off the shares of Barrick Gold Corporation investors as well as ZENON Environmental. Then I plan to open a Media,Real Estate,Medical,Oil/Gas,Mining, Empire. My dream is to start a Weapon Manufacturing company. So what are your opinions. Will this work?

financi4 answers:

You, your father and friend should continue investing in the stock market. Professional investors couldn’t make it without guy like you. Good luck…..

George asksā€¦

Can anyone answer these HISTORY questions!? Please help!?

1. By 1910, the state of Washington was no longer predominantly rural. Which of the following best describes what this means? (Points : 2)
More people lived in rural areas than in towns or cities.
More people were moving into the state than out of it.
More people lived in cities or towns than in rural areas.
None of the above

2. What city did the Northern Pacific railroad choose for its terminus in 1873? (Points : 2)
Seattle
Tacoma
Pasco
Spokane

3. Which of the following was not a way that the railroad prompted growth in the Pacific Northwest? (Points : 2)
It made resources more accessible.
It created new jobs.
It ended the system of free land for settlers.
It brought new settlers.

4. The __________ was most responsible for the ethnic diversity that developed in Washington during the years of growth. (Points : 2)
railroad
Wobblies
Knights of Labor
Weyerhaeuser Timber Company

5. Which of the following led to the most significant differences within Washington society during the years of growth? (Points : 2)
The city of Seattle rebuilt after a catastrophic fire.
Class inequalities between rich and poor grew wider.
The city of Tacoma obtained a railroad terminus.
Coal was discovered in the Cascades.

6. Which of the following was not a major industry in Washington during the years of growth? (Points : 2)
education
lumber
mining
fishing

7. Which of the following best describes the nature of changes in Washington industries during the years of growth? (Points : 2)
All new industries took over in the area.
The old industries were run by individual business people.
The state experienced a mix of old and new industries.
The old industries were taken over by large corporations.

8. Which of the following best describes growth in the eastern half of Washington? (Points : 2)
Growth was rapid because settlers wanted to build homes on the good land.
Growth took off when East Coast bankers invested in the area’s traditional industries.
Growth was tied largely to the railroad and mining discoveries in the mountains of Idaho.
All of the above

9. Which of the following contributed the most to the rapid growth of Spokane? (Points : 2)
discovery of coal in the Cascades
discovery of gold in Idaho
development of wheat agriculture in the Columbia River Basin
establishment of a lumber mill

10. Which of the following best describes growth in the western half of Washington? (Points : 2)
Growth was rapid.
Growth led some cities to reshape the geography of their surroundings.
Growth brought many new opportunities, but also led to new social problems.
All of the above

11. Which of the following contributed the most to the rapid growth of Seattle? (Points : 2)
farming
shipping
Klondike gold rush
both A and B

12. Which of the following was a city that began as a sawmill and became the largest city in eastern Washington? (Points : 2)
Tacoma
Walla Walla
Pasco
Spokane

13. Which of the following was not a legal form of discrimination against Chinese workers? (Points : 2)
Chinese workers could not immigrate to the United States after 1882.
Chinese living in the United States could not become citizens.
Chinese could not own property.
Chinese were forcibly expelled from Tacoma.

14. What main event changed the feelings toward Chinese workers in Washington? (Points : 2)
Rock Springs Massacre
formation of the Knights of Labor
completion of the Northern Pacific Railroad
Chinese Exclusion Act

15. What was not a reason used by the Knights of Labor for targeting Chinese workers? (Points : 2)
The Chinese Exclusion Act
They said the Chinese were of an inferior race.
They thought Chinese workers took their jobs.
They believed Chinese workers drove down wages.

Can anyone answer ANY of these questions so I can check them to my answers?

financi4 answers:

I PUT YOUR ANSWERS IN A,B,C,D ORDER AND NO. 1-A,2,A,3,D,4,A,5,A,6,A,7,A,8,F,9,D,10,D,11,D12,A,13,C,14,C.15,C THESE ARE MY ANSWERS

Donald asksā€¦

10 Multiple Choice History Questions! Need help?

1. By 1910, the state of Washington was no longer predominantly rural. Which of the following best describes what this means? (Points: 2)
More people lived in rural areas than in towns or cities.
More people were moving into the state than out of it.
More people lived in cities or towns than in rural areas.
None of the above

2. What city did the Northern Pacific railroad choose for its terminus in 1873? (Points: 2)
Seattle
Tacoma
Pasco
Spokane

3. Which of the following was not a way that the railroad prompted growth in the Pacific Northwest? (Points: 2)
It made resources more accessible.
It created new jobs.
It ended the system of free land for settlers.
It brought new settlers.

4. The __________ was most responsible for the ethnic diversity that developed in Washington during the years of growth. (Points: 2)
railroad
Wobblies
Knights of Labor
Weyerhaeuser Timber Company

5. Which of the following led to the most significant differences within Washington society during the years of growth? (Points: 2)
The city of Seattle rebuilt after a catastrophic fire.
Class inequalities between rich and poor grew wider.
The city of Tacoma obtained a railroad terminus.
Coal was discovered in the Cascades.

6. Which of the following was not a major industry in Washington during the years of growth? (Points: 2)
education
lumber
mining
fishing

7. Which of the following best describes the nature of changes in Washington industries during the years of growth? (Points: 2)
All new industries took over in the area.
The old industries were run by individual business people.
The state experienced a mix of old and new industries.
The old industries were taken over by large corporations.

8. Which of the following best describes growth in the eastern half of Washington? (Points: 2)
Growth was rapid because settlers wanted to build homes on the good land.
Growth took off when East Coast bankers invested in the area’s traditional industries.
Growth was tied largely to the railroad and mining discoveries in the mountains of Idaho.
All of the above

9. Which of the following contributed the most to the rapid growth of Spokane? (Points: 2)
discovery of coal in the Cascades
discovery of gold in Idaho
development of wheat agriculture in the Columbia River Basin
establishment of a lumber mill

10. Which of the following best describes growth in the western half of Washington? (Points: 2)
Growth was rapid.
Growth led some cities to reshape the geography of their surroundings.
Growth brought many new opportunities, but also led to new social problems.
All of the above

financi4 answers:

Help is not doing your work for you. Why you dont give it a try and we can review them? If you dont give it a try there is no way you are going to learn the necessary skills to pass the tests during the semester. Besides, we would be doing you a diservice, because this is information you will need as you keep on going up to higher placement grades.

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Your Questions About Investing For Dummies

Thomas asksā€¦

How to get ahead without Investment Mombo Jumbo?

I funded my Roth to the max. My job does not offer 401ks. What can I do next?

I don’t want to go into the Stock Market. Risk is my worst enemy. Where can I go for advice besides “Investing for Dummies” ?

I go to investment websites and all I read is Blah Blah Blah.

(I’m 25 years old, and a single mother, if it helps)

financi4 answers:

Investing is easy when you invest in America and you can do that with a S&P 500 or total market index fund. Just dollar cost average into the account. You should also consider a simple portfolio of 50% bonds and 50% stock. Both are available through indexes.

Indexing is simple, mimics that market, is low cost, is low taxed, and will solidify your financial future. You need the mindset that these are investments for the future. Don’t worry about the daily changes of 1 or 2 percent that television freaks out about. How often do you freak out when ketchup goes on sale for 2% off?

Read “The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)” by John C. Bogle

Paul asksā€¦

Books about investing?

I currently have ‘Stock Investing for Dummies‘ and Benjamin Graham’s ‘The Intelligent Investor’. About halfway through ‘Stock Investing for Dummies‘, and it’s getting a little boring, but I’m going to try to finish it before I read The Intelligent Investor.

Any ideas on what I should read after I finish both of the above?

financi4 answers:

Unfortunately, there are many books out there that make great reading, but promote investment systems that don’t work. Finding good investment books is difficult.

One excellent book is Burton Malkiel’s “A Random Walk down Wall Street.” It discusses how to build a safe, balanced portfolio of stocks. You can find it in most libraries.

Other good books are:

The Bogleheads’ Guide to Investing
The Investor’s Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
The Four Pillars of Investing: Lessons for Building a Winning Portfolio
The Only Guide to a Winning Investment Strategy You’ll Ever Need: The Way Smart Money Invests Today
The New Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get on with Your Life

Chris asksā€¦

what books would you suggest for a beginner investor?

besides “investing for dummies” are there any other books someone would suggest as a great start for investing on your own using vanguard/ameritrade/etc. mutual funds, small cap stocks, etc. i want to know how to start, how to manage, and how to know when to get out. thanks for your suggestions! my goals are for long term and short term, id like to have a diversified portfolio
website links are welcomed suggestions as well. ive already visited motley fool, vanguard, ameritrade, and beacon.

financi4 answers:

You’re on the right track with Vanguard. Stick to low cost index funds. If you’re not already in a 401k or Roth IRA, then START. Just stuff as much money as you can into a “target retirement fund” and let it swell up over time.

Dont move your money out when the “stuff hits the fan” like it did today. If anything, buy more when the market tanks. Stocks are on sale! If you are going to let this money grow for 20 or 30 years, it doesnt really matter how bad things are currently because it will work itself out and you’ll be way ahead over the long haul if you just stay your course and KEEP INVESTING.

This takes care of your “long term”.

Short term, stay away from stocks. Stuff money into I-bonds at Treasurydirect. Ladder your CDs. Consider rental real estate property.

Stay away from individual stocks. Stay away from the “get rich quick crap” on late night TV and spam e-mails. Stay away from normal brokerage accounts that eat you alive with fees.

Work to cut your cost of living so that you can maximize your contributions to a 401k and a Roth IRA. Diversify your investment.

If you’re already maximizing Target Retirement funds in a 401k and Roth, consider investing in Real Estate so that you dont have all of your gold in one bag.

Investing is simple. Do the above for 20 or 30 years and retire a multi-millionaire.

Oh and here are some good books:

“Grow Your Money” by Jonathan Pond.

“The Lazy Person’s Guide to Investing” by Paul B. Farrell.

“The Quiet Millionaire: A Guide for Accumulating and Keeping Your Wealth” by Brett Wilder.

All available on Amazon. Read up and study but dont fall victim to “paralysis by analysis”, which means to study something endlessly but have zero action. Learn just enough to be dangerous and then ACT.

Good luck!

Michael asksā€¦

On line investing /Trading?

i am looking for information on how to do on line trading , or how to invest.. you know something like stock trading or investing for dummies.

financi4 answers:

They’re is way to much involved to give you s fair outlook here. Check out Charles Scwab’s website. These great info there to help you understand what is involoved. Just google the name.

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