Investment Articles

When starting out on your investment journey, one of the critical stages involves setting the foundations. In fact one of the most common questions I receive from clients is… OK, you’ve convinced me that property investing is the way to build serious wealth. So where do I start?

Step 1 is (unfortunately) the most commonly ignored phase in the property investment process. What is Step 1 you ask – it’s establishing a plan.

If you don’t know where you’re going then any road will get you there (as they say)! The moral to this story is that you must set goals and have an investment plan, unlike me when I first started… investing based on ’spur of the moment’ decisions. It cost me many thousands of dollars BUT more importantly it taught me some very expensive lessons, lessons I have never forgotten. This is a good example of failing to plan.

The ’silver lining’ on this cloud was that I was able to use the capital losses to offset future capital gains thereby reducing my future tax liability, although there are much more effective ways to legitimately minimise tax.

Imagine meeting up with yourself in 15, 20 or 25 years. How would you like to see yourself? How would you like relatives, friends and business colleagues to see you? This process requires that you think about and start with your destination in mind and seriously consider how you would like to be remembered.

Once you are able to clearly visualise that, you are much more likely to be able to describe how you would like to live. Answers to these questions should be reflected in your values and your values must be written.

This process should include:

- Establishing your goal(s) – be specific: you’ve likely heard about S.M.A.R.T. goals (ie they should be Specific; Measurable; Achievable; Realistic and Time Bound) – Preparing a budget

- personal cash flow and balance sheet: you’ll be amazed at just how much money you waste. In fact many of my clients find that the money they can save, allows them to purchase either their first OR another investment property

- Designing an action plan. Include all specific actions required to achieve your goal(s): yes, this is a painstaking task BUT one that’s well worthwhile. What you are doing here is breaking down your goal(s) into ‘bight-sized’ chunks

- Persist – most folks give up… don’t be one of them: many folks give up just because they are faced with a challenge – that’s the reason approximately 95 percent of people end up dead or dead broke

- Find a mentor – someone who has already done what you want to do… this will fast track your success. As I always say: you will pay for your education one way or another, either learning through very costly mistakes OR paying for your knowledge!

My philosophy is always to find someone who has the knowledge and experience and pay them to teach me. It’s much quicker and far less expensive. In fact it’s an investment in yourself and that’s extremely important.

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Why do people invest in property? It’s a fairly straightforward answer: the reason is obviously to make money. There are a few different ways that you can make money in property, but the best way which I have come across is to be making passive income, week in, week out so that as you grow your property portfolio, your income continues to increase.

There is also another major benefit to owning property which is that usually if you hold property for a long enough period of time, you will also make a profit by the growth in value of the property. This growth is useful because you can use the additional equity you own in the property which is created by the growth in value.
The way you can use this additional equity is to borrow against it and use this equity as deposit funds to purchase more investment property which again produces more passive income.

The key to investing is to buy properties well, so that after you have paid your loan payments and other monthly expenses on the property, you can rent it out to make a monthly surplus income which is your cashflow. Quite often investors will not have any surplus income left over after all the expenses, and so the investment ends up costing money each month instead of making money each month, which is not a desirable outcome.

There are strategies however which can be put in place from the outset to make sure that your investments are all cashflow positive, and even can be applied to existing properties with negative cashflow to convert these to positive cashflow.

One really great way to set up a property investment to make very good monthly cashflow is to sell the property on a lease option. The way this works is to find a buyer who is low on deposit funds to source traditional finance from a mainstream lender, but would dearly like to purchase their own home.

This can be set up with a small upfront deposit and a repayment higher than normal rent where a portion is applied towards the purchase cost. There are many buyers who buy their home this way due to their inability to fit into the normal lenders guidelines. This strategy provides a win-win scenario, it helps someone get started in their own home, and it provides really good cashflow for your investment, as well as a lump sum down the line when the buyer cashes you out.

Keith Mason is an experienced investor living from his Property Investments. Find more information on producing passive income from property here: http://www.passiveincomefrompropertyinvesting.com

There are three fundamentals of investing. You have business, paper assets, and real estate. you can go to a business broker and see what businesses are out there for sale. Doing this can be a lot of fun plus prove to be very educational. You can go buy and sell a franchise, how exciting is that. You could get into network marketing. This is a very good way to get an education in the business world. Whatever program you join, take a look at their education program. you need to know what they are going to teach you. I recommend that you run if they do not offer to teach you. You may also choose to start a business from scratch. This could be a very risky way to inter the business world, but also could be the most profitable way of doing business.

We all need to be investing in something, but we need to be investing in something far more important than just to be wealthy. What we invest in and how well we invest will determine our financial future., our standard of living, and our security. When we consider what the future will be like regarding social security and medical care, we have to think that the way we invest today will ultimately determine not only how well we will live but if we can even afford to.

I say show me the money. I see more people holding onto their fortunes in real estate than in any other type of investment. The advantage you have in real estate is “income.” The two primary sources of income in this area is the cash flow you create from rental property and the profits you gain from resale of investment property. Note that you only want to invest in property that will put money in your pocket every month.

Innovated Creations Inc is a company dedicated to helping others by giving life to their ideas. Since we our committed to helping others, we started a global community working together to materialize ideas, creating products, bringing them to manufacturing companies for a royalty or cash purchase. Visit our community at http://innovatedcreations.weebly.com/page.html

Michael C Rymer
CEO
Innovated Creations Inc

Many investors find that making the first deal is tough. Maybe it is. Did you think it was going to be easy? If it was easy everybody would be doing it. Let’s talk a little about firsts.

There are many firsts in life. We will all experience our first steps, first word, first day in school, our first pet, first date, first job, first marriage, first child, first home, and first debt.

I will never forget my first offer. I had been meticulous in stacking papers in my Samsonite briefcase in the order I would make the presentation. I had a suit and tie on. My Ford station wagon was washed and polished. I pulled up in front of the seller’s home. It had big picture windows and I was sure that he was watching me. I got out of the car, opened the back door, grabbed the briefcase by the handle and swung it out. The lid had not latched and it flew open. All my papers spread across the street like a fan opening up. By the time I had gathered them up I was sweating, my throat was dry and I wanted to get in the car and drive away. Instead I knocked on the door, went inside and presented my offer. After it was refused I retreated to the car and drove home.

Encouraged by my mentor/partner, I soon made an offer on another property. It was an older three story home across the street from Fullerton Junior College in California. There was also a duplex behind the house as part of the package. When the offer was accepted I became the proud but inexperienced landlord of 12 tenants. Experience came quickly though. My first experience at property management was a baptism by fire. It wasn’t easy managing a boarding house full of college students but it was worth it.

In about a year I was offered an old 40 foot wooden hulled yacht and a buoy in Newport Harbor for my equity. The buoy was worth more than the yacht. This offer was tempting but could have ended my career in real estate because I would likely have spent my time scraping and varnishing the boat and watching for John Wayne to cruise by. Instead I sold the property to an associate on a contract and bought a new boat on a trailer so I could haul it behind me wherever I wanted to go. His payments to me made my payments on the boat. I got rid of a headache property and I still have the boat. That was my first sale of an investment property and my first experience with owner financing.

My first refinance was on my personal residence in California. I had purchased it for $40,000. On the refinance I pulled out $37,500 in cash and that became my seed money for investments. I soon purchased an 8 unit property that had a long term tenant who was retired and handy. Gene became my first on site manager. That experience worked so well that I used tenants as on site managers for the next 8 and 12 units we purchased and for several properties purchased through the years.

I said “we” purchased because friends and acquaintances, seeing my activity and success wanted to get involved so I organized my first partnership. More partners meant bigger deals and more profits. Donna, my life partner, and I purchased our first Corvette, our first Cessna and then our first Mercedes. We had to drive it somewhere so we headed to Denver, Colorado where we were introduced to a gentleman who was selling his apartment complexes. We ended up buying, with our partners, a 156 unit, a 48 unit, a 44 unit, a 12 unit and a 24 unit, all in Colorado. With that many properties we needed professional management so we hired our first management company. They didn’t work out well so we formed our first management company and our first maintenance company. We ended up moving to Colorado where we bought our first custom built home in Columbine Country Club.

In time we bought 161 units and 202 units in Colorado Springs, 160 units in Tulsa, 20 or so single family homes, and some land near Vail. I have been sole owner or partnered in 872 rental units and houses.

Prior to getting into real estate I had been unemployed for two years. When I got my license we had $500 in cash and equity in a home. Within a year we were enjoying a comfortable lifestyle. One daughter managed our real estate office. Her fiance spent a summer painting a 44 unit complex with one of my sons. Four of my sons painted their way through college because they learned the skills painting our rental properties.

So my first offer didn’t result in a purchase. My first deal was painful but profitable. It never would have happened if I had quit after my first offer laid spread out on the street. Some of us fear success. Some of us fear failure. Some of us fear the unknown.

For many years my life has been enriched by using daily affirmations. One that is appropriate for this topic is: I will be master of my emotions. If I feel fear I will plunge ahead. If I feel insignificant I will remember my goals. There are many deals in the current market. If you blow the first one or the second one you can quit or you can persist. If you persist long enough you will win.

Richard Pexton is the broker/owner of Richard N Pexton Real Estate. He coaches real estate investors. His entrepreneurial spirit is contagious. He has been a broker/owner of offices in three states. Dick’s specialty has been buying, selling, and managing residential income properties from single family houses to large multiple unit properties. Be sure to visit http://www.richardpexton.com

The Sky Is Falling!

Everyone is wondering what to do. Everyone is fearful.

Actually that’s not true at all. The unschooled, untrained, unknowing Masses are indeed fearful. They are reading the newspaper headlines each day and getting more and more worried for their jobs, their businesses, their investments, their retirement. But, not everyone is fearful. Some people are happy. Gleeful. Self-assured. These are the Rich People. They know exactly what to do.

In this brief article, I will explain exactly what to do.

First, go right back to basics. What is the Number One rule for investing success? That rule is…

Buy Low Sell High

If it’s so short (four words) and so easy to understand, why isn’t everyone following it? There indeed is a reason why the Broke People do not follow it. Here is that reason.

Prices are low when there is a problem. Prices do not like chaos, problems, uncertainty. So, they fall. When there is a problem, prices are low. Rich People see the low prices, they remember the rule “Buy Low Sell High” and they buy. Broke People see the problem, get fearful reading the headlines of the newspapers, forget the rule of wise investing, and run. Yes, run away from investing — right when prices are low.

So, what are rich people doing right now?

Buy Low

Rich people are racing to buy US real estate. I personally just bought a duplex in a major city. It was listed at $530,000. The sellers were extremely eager to sell. In a very brief several-day negotiation, they lowered the price by a shocking $100,000 to only $430,000. So, I bought it. I see the problem; I see the low prices; I buy.

Now, let’s look at the other side of the coin.

Sell High

Just look at the newspapers and besides seeing that real estate prices are low, you will see that gold prices are high.

The previous all-time high gold price, on January 21 1980, was $850. The World waited for almost three decades for gold to get near that price. Then, on January 3rd, gold broke that high. Then, on March 13, gold broke through the $1,000 per ounce barrier for the first time ever!

Now that there is so much good news about Gold, The Masses are buying gold and dumping their real estate. Weird. What am I doing? What are rich people doing? We are selling all our gold and silver. I had hundreds of pounds of silver in my safe and hundreds of grams of gold and some platinum all locked away in my safe. I bought when prices were low. I’ve just sold it all over the last few days.

Your Turn

You may now be brooding that you have no gold to sell and have no cash to buy real estate. So, what should you do? First get into practice by selling anything you’ve got that you can part with that contains gold or silver – old jewelry, silver cutlery, etc. Second, do anything you can to get into an investment property right now, even if you have to joint venture with some friends to raise the down payment. Get started. Begin investing correctly.

Sell when prices are high, even if all your friends are buying.

Buy when prices are low, even if there are problems.

And, you get more on Raymond Aaron’s proven system in his bestselling hardcover book DOUBLE YOUR INCOME DOING WHAT YOU LOVE. Just help with a small part of the mailing cost, and claim your autographed copy for free — and get a fascinating DVD as a bonus. http://freeBOOKfromRAYMOND.com

This is a story that you may be familiar with: Bank wants financial statements for your investment property to obtain a refinance. Your CPA requests your financial statements in order to prepare tax returns. It’s been a while since you last looked at your financial records and now you realize that you are several months behind on your accounting and bookkeeping records. With the day to day hustle and bustle, there just isn’t enough time to go through all the receipts, credit card statements, and bank statements to determine where you stand financially with regards to your investment properties. Then a feeling of guilt and stress lingers over you…

If you have experienced this feeling, not to worry: You are one of the MANY that we as CPAs see all the time. Bookkeeping is a tedious process. And frankly, there are not may people out there who enjoy doing it. The two most common complaints that we hear most often are: 1) I don’t have the time to do the bookkeeping and/or 2) I can’t afford to hire a bookkeeper. In this article, we will share some of the benefits of having accurate and up-to-date financial records as well as techniques to decrease the amount of time spent on maintaining those records.

Unfortunately, one of the most common ways that real estate investors keep track of their bookkeeping is what we refer to as the “Shoe-Box Method”. Essentially, this method involves the individual investor stashing all the receipts that have accumulated during the year into a big shoe-box. At the end of the year or tax return preparation time, individuals usually dread having to go through the box of receipts that are now spilling out of the box and spend a couple hours or even days going through and organizing these receipts into some sort of order. Other investors use accounting software to track their income and expenses but don’t really keep them updated on a month to month basis. There are two major flaws with this. First, the investor does not have a clear understanding of the actual performance of the investment property during the year if all the expenses are either kept in a box or not entered timely into the software. Second, receipts may be lost or misplaced and that results in inaccurate income statements as well as lost tax deductions! Those are two big reasons why having an accurate and updated bookkeeping system is extremely beneficial to those who invest in real estate.

So what are some of the benefits of having an accurate and updated accounting system for your investment properties? First, it builds credibility with lenders, buyers, and professional advisors. Imagine trying to take a box of receipts into a bank when you are trying to re-negotiate a loan on your property. The chances that the banker will spend time going through your receipts or relying on your financial information is slim to none. What about when a potential buyer requests to see financial information to determine the profitability of the investment property? Having accurate financial statements not only builds credibility for the property but it also allows potential buyers to do a quick evaluation and move forward in the buying process. Another benefit of accurate bookkeeping is that it allows the investor to review the financial performance of the investment property on a monthly basis. By doing so, the investor is now able to strategically determine where to cut costs, where to increase spending, and identify high performing areas within the investment that can be leveraged or tapped into to increase investment returns. Another important benefit of accurate bookkeeping is the ability to plan for tax deductions. When all your expenses are tracked carefully throughout the year, the chance of losing a tax deduction due to a lost receipt decreases significantly.

Although we all know the many benefits of having accurate bookkeeping, the reality is that most of us either don’t have the time to actually do it or don’t have the money to hire a bookkeeper. A good way to accomplish this would be to hire your CPA to work with you to “set-up” an accounting system that works for your properties. This means having them work with you to set-up accounts that accurately reflect the common and recurring income and expense items relating to your properties. Next, we recommend that you work with your CPA to streamline and automate as much of the data entry process as possible. The 2-step process above will allow you to develop and maintain an accounting system that is consistent with your tax saving strategy and allow for accurate and meaningful tracking of income and expenses for performance analysis. There are accounting software out there that can automate a pretty significant portion of the bookkeeping process. So setting it up correctly can significantly diminish the amount of time you spend on data entry.

Remember that having accurate financial information is a critical component to your success as an investor. It allows you the ability to make informed decisions on ways to increase your return on investment as well as maximize your tax benefits. You may not think you have the time or money for bookkeeping for your properties, but can you really afford to lose out on the tax benefits or opportunities to maximize your return on investment?

Amanda Han is a Managing Director at Keystone CPA, Inc., a firm specializing in tax mitigation strategies for business owners and real estate investors. For complimentary top-notch tax mitigation strategies, visit http://www.keystonecpa.com and sign up for the Monthly Newsletter and Member’s Library.

The beloved rat race! Just why would anyone want to escape the rat race? Many reasons come to mind but some of the key ones would have to be to work for yourself, be your own boss, have the freedom to do what you want, when you want, whenever you want and most importantly live a millionaires lifestyle without even needing to become one. Spend more time with your family, go on holidays whenever you want and have the flexibility to work the hours that suit you. These are just some of the reasons why you might want to sack your boss and start living the life you’ve always dreamt of.

1. Real Estate. The trick to real estate investing is to focus on capital growth, rather than rental returns. Over a long term period utilizing this type of strategy will win every time compared against an income strategy in property. If you had an investment property with a high income yield but limited potential for capital growth, sure, you might make a profit in the short term but in the long term the rental income you would receive on a property with capital growth potential will always overtake the other. This is because rental yield is calculated on the properties overall value. If the value of the property increases, so to does the rental income. One too many people think they’ll never be able to afford a property without really exploring their options. You might just surprised of the opportunities that are out there if you only take the time to look.

2. Home Business. A potentially quicker alternative to escaping the rat race is by starting your own home business. If you can find a home business model that really supports you growing your business and provides long term support and mentoring you might be able to leave your day job in less than 6 months. It ultimately depends how much you want it, but be wary, there are many home business models out there that are purely aimed at making the people at the top richer. Usually in detriment to the people that come on board later on. An example of this type of business is multi-level marketing (MLM) otherwise known as pyramid selling. If you’re looking into starting your own home based business make sure you do your research before making any type of investment decision.

3. Writing options. Contrary to what the media may have you believe, writing or selling options is actually a relatively low risk strategy. The opposite to trading options which can be a high risk strategy, writing options allows you to sell an option to the people who are trading options. Using this strategy, you can generate a monthly income anywhere from 2% to 5% per month and even higher sometimes. Writing covered calls is one form of income generation you can use to reduce the amount of time you need to spend working a day job. In it’s simplest form think of it like renting your shares to someone else in return for a monthly rental premium.

Do you want to learn how to build a home business starting from scratch with very little start up capital and the ability to replace your income within 90 days or less? Click here: Home Business Opportunity

Are terms like ROI, diversification, cap rates, risk analysis, puts & call confusing you? If you are seeking to build your wealth for retirement or to achieve life goals, you need an investment plan. My guide to basic investment fundamentals is simple to understand. It is always best to start young saving and investing but it’s never, ever too late to start.

Investment Basics

Investments are both a hedge against insecurities of the future from inflation and for increased needs for money such as for retirement. Critical to investing is the power of compounding. This is what makes investing attractive. Your future wealth is decided largely by the prudent investment plans you undertake now. Investments always comes with an element of risk. It is for you to weigh the level of risk with possible rewards. Understanding risk is the cornerstone of investment fundamentals.

Diversification is the key to good investment management. Spreading your assets and investments across various types of investment spreads your risk. You never want to put too much money into one category – such as all your money in one stock. Spreading you investments across stocks, bonds, real estate and other categories better insures that if one stock or investment category goes south, it will be minimized by other categories that are doing better.

Risk is about your comfort level. If you are young, you may be willing to take much larger risks, and potentially larger rewards, than if you are nearing retirement when you don’t want to risk losing the value of your portfolio.

Investments such as treasury bills, CD’s and bank deposits earn a fixed interest; and they are low risk. Stocks and mutual funds promise more growth potential. When they do well, you stand to gain because you earn money on the money your investment makes. Investment in property can bring you handsome returns but over a period of time. Those willing to take greater risks use leverage. That is, they use the banks money to make money. Borrowing to buy stocks, or borrowing to buy an investment property is riskier but gives you the potential to earn much more. Diversifying investments ensures that you don’t lose everything if a particular investment doesn’t work out well.

Funds: Decide the amount that you can set aside for investment. With right planning, you should be able to set aside and build up an investment fund. Ensure that you have built sufficient cash reserve to meet short-term emergencies. Six months of salary put away in a low-risk savings account is a good place to start. Plan your expenditures so as to redirect funds for investment. Put away a percentage of your pay increase to long-term savings investment.

Plan: Take a broader perspective when planning your finances. Chalk out your financial goals such as a child’s education, retirement or buying a home. Analyze your current situation and determine your needs.

Knowledge: You should consider taking the guidance of an investment adviser. An adviser can help in tailoring your investment to suit your requirements. This would work well for those strapped for time and those who are not well-versed with financial planning.

Time: Investing in stocks and bonds is not everyone’s cup of tea – nor do you have the time to keep up on when to buy and sell. If you buy rental property, it takes time and effort to collect rents, handle complaints, fix problems, etc. Maybe REITs, which are like stocks in real estate, is a better alternative than owning property outright. Be realistic about the time you can put into managing your investments.

Expectations: Be realistic and reasonable about expectations on investments. While some may far surpass your expectations, sometimes investments may not pay off as well as they promised. Plan your tax liabilities too when overseeing your investment plans. Consider capital gains that may come into effect.

Preparation: Before placing your money towards an investment, weigh the cost of the investment. What are the broker and transaction fees if you are buying stocks or bonds. If buying investment property, carefully detail out all expenses and you will need to project them into the future.

The best advice is to start small and learn. As you gain confidence in yourself, it is easy to expand your portfolio.

As a serial entrepreneur and active financial investor, Howard Debs offers guidance on building your wealth. More resources and advice from Howard for both novices and experienced investors at Achieve Wealth 101

Investing is not a sure thing in most cases, some people consider it much like a game – you don’t know the outcome until the game has been played and a winner has been declared. However, anytime you play almost any type of game, you have a strategy. Investing isn’t any different – you simply need an investment strategy.

An investment strategy is basically a plan for investing your money in various types of investments that will help you meet your financial goals in a specific period of time. Each type of investment contains investments that you must select from. A bicycle store sells bikes – but those bikes consist of tires, helmets, cycling shorts, cycling shoes, tee shirts, etc. The stock market is also a type of store, but it contains different types of stocks, which contain different companies that you can invest in. there are thousands of publicly traded companies to choose from. If you haven’t done your research on each company, it can quickly become very confusing – simply because there are so many different types of investments and individual investments to choose from.

This is where your strategy, combined with your risk tolerance and investment style all come into play. If you are new to investments, learn how the market works, read the financial market news, and work closely with a financial planner before making any investments. They will help you develop an investment strategy that will not only fall within your risk tolerance and your investment style, but will also help you achieve your financial goals.

It is recommended that you never invest money without having a goal and a strategy for reaching that goal! This is essential. Nobody hands their money over to anyone without knowing what that money is being used for and when they will get it back. If you don’t have a goal, a plan, knowledge, or a strategy, you are, in fact, handing over your money. It is very important to always start with a goal and a strategy for reaching that goal!

Frank Collins is an active investor and reviews the Mortgage Markets and looks for bargains on California Investment Property.

The Sky Is Falling!

Everyone is wondering what to do. Everyone is fearful.

Actually that’s not true at all. The unschooled, untrained, unknowing Masses are indeed fearful. They are reading the newspaper headlines each day and getting more and more worried for their jobs, their businesses, their investments, their retirement. But, not everyone is fearful. Some people are happy. Gleeful. Self-assured. These are the Rich People. They know exactly what to do.

In this brief article, I will explain exactly what to do.

First, go right back to basics. What is the Number One rule for investing success? That rule is …

Buy Low Sell High

If it’s so short (four words) and so easy to understand, why isn’t everyone following it? There indeed is a reason why the Broke People do not follow it. Here is that reason.

Prices are low when there is a problem. Prices do not like chaos, problems, uncertainty. So, they fall. When there is a problem, prices are low. Rich People see the low prices, they remember the rule “Buy Low Sell High” and they buy. Broke People see the problem, get fearful reading the headlines of the newspapers, forget the rule of wise investing, and run. Yes, run away from investing — right when prices are low.

So, what are rich people doing right now?

Buy Low

Rich people are racing to buy US real estate. I personally just bought a duplex in a major city. It was listed at $530,000. The sellers were extremely eager to sell. In a very brief several-day negotiation, they lowered the price by a shocking $100,000 to only $430,000. So, I bought it. I see the problem; I see the low prices; I buy.

Now, let’s look at the other side of the coin.

Sell High

Just look at the newspapers and besides seeing that real estate prices are low, you will see that gold prices are high.

The previous all-time high gold price, on January 21 1980, was $850. The World waited for almost three decades for gold to get near that price. Then, on January 3rd, gold broke that high. Then, on March 13, gold broke through the $1,000 per ounce barrier for the first time ever!

Now that there is so much good news about Gold, The Masses are buying gold and dumping their real estate. Weird. What am I doing? What are rich people doing? We are selling all our gold and silver. I had hundreds of pounds of silver in my safe and hundreds of grams of gold and some platinum all locked away in my safe. I bought when prices were low. I’ve just sold it all over the last few days.

Your Turn

You may now be brooding that you have no gold to sell and have no cash to buy real estate. So, what should you do? First get into practice by selling anything you’ve got that you can part with that contains gold or silver – old jewelry, silver cutlery, etc. Second, do anything you can to get into an investment property right now, even if you have to joint venture with some friends to raise the down payment. Get started. Begin investing correctly.

Sell when prices are high, even if all your friends are buying.

Buy when prices are low, even if there are problems.

Raymond Aaron,
New York Times Top Ten Bestselling Author, “Double Your Income Doing What You Love”

Follow Raymond on Twitter and he will immediately follow you back: http://www.raymondaaron.com/TW