Product Description
Want to get rich through real estate? Then you need The ABC’s of Real Estate Investing. It’s the definitive guide that will teach you how to find property, evaluate its worth, negotiate the deal and make money in the process. There are no ‘get rich quick’ tricks on these pages, just proven methods that deliver bottom-line profits and increased property values. -Ken McElroy, Real Estate Investor, Property Management Expert, Business Owner, and Author The ABC’s of Rea… More >>
Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Product Description
In precise and entertaining chapters – each culminating with very specific ‘action steps’ for readers to follow – author Ken McElroy offers real estate investing stories from the trenches and wisdom. Chapters include: It Takes a Team – Understanding it takes a team to be successful in real estate, determine whether you want a partner and evaluate partner candidates based on the qualities required for a good partnership Research Can Be Fun? – Become familiar … More >>
Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Affiliates Earn 40% Commission On High-end Investment Stock Picks Newsletter Subscription. Recurring Billing. Newsletter Sponsored By WallStreetWindow. Note We Only Launch The Newsletter And Make It Available A Few Times A Year.
Addicted To Profits Stock Picks Service.
Product Description
Want to get rich through real estate? Then you need The ABC’s of Real Estate Investing. It’s the definitive guide that will teach you how to find property, evaluate its worth, negotiate the deal and make money in the process. There are no ‘get rich quick’ tricks on these pages, just proven methods that deliver bottom-line profits and increased property values. -Ken McElroy, Real Estate Investor, Property Management Expert, Business Owner, and Author The ABC’s of Rea… More >>
Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Eze ThankGod ik asked:
There are lots of similarities between mutual funds investments and investment clubs, and it is very nice that we understand them, as investors. The first similarity is that both are contributory funds/systems of investments. That is to say that the money being invested is not owned by an individual, rather, it belongs to different people. These are funds that are raised from the contributions by the members in of the investment clubs or contributed by different people and handed to a fund manager for investment, in the case of mutual funds. This therefore makes every contributor to the club are partaker of the gains or loses that accrues from the invested funds. Here, there is no separation of funds whereby you may say that Mr A is not eligible for the gains or loses of the investments because his investments were not there. As long as he remains a member of the club, he remains a partaker of the proceeds of the investments. Like wise, Mr B cannot wake up tomorrow and say that he wants the refund of his invested capital because he is not satisfied with the little fraction that was given to him or that he don’t know why they should invest in company A or B. Every member of the club is a partaker of the gains and loss that comes out from the investments, except one person voluntarily decides to withdraw his or her membership. There are some exceptions however, if as in the case of investment clubs, the club’s protocol is violated, or in the case of a mutual fund, the trust deed or the document agreement is contravened, there is always a contention here of people calling for justice, because a law has been broken.
Another similarity between the two is that both of them are for long term investment purposes. Mutual funds usually takes one year for the investments to mature, at the end of which, the profits will be declared and each individual investor will decide on what to do with his own share, whether to re-invest it back, withdraw only the profit or to withdraw totally from the investments. In the case of investment clubs, they have a longer life span before their investment could mature. Usually, it is between three to five years. This is because, they are few in number thereby leaving them with less financial muscle, which now means allowing their investments to stay longer and increase their profit margin. These two investment windows are not get rich quick program, rather they are solid investment programs that needs time to mature.
The third similarity between the two is that the funds are not under the total control of one man, as regards to investing. It involves a lot of brainstorming by the analysts of the company. One man cannot just wake up and say that this is where I want to invest this funds, it must be in agreement with the members of the executive, and because a lot of brain storming is involved, the nitty gritty of every company they want to invest will be trashed out and in the end, they will settle for the best which they have agreed. It is a popular saying that two heads are better than one, and this is one of the reasons for their excellent performances. What would have been omitted by one person will be noted by the second and everything will be critically evaluated.
There are many other similarities between these two investment vehicles, but I want to stop here. Let me hear your own views on this issue.
James Delrojo asked:
In the world of investing there are many different investment vehicles and strategies but they can be split into three broad categories. The advantage of thinking from this point of view is that it makes it easier to decide which form of investing or which combination of investing will best suit you.
Let’s have a look at the three broad categories of investing and look at the advantages and disadvantages of each.
Passive Investing
Passive investing is when you put the investment decision making into the hands of someone else, ideally an expert investment manager.
The advantages of passive investment are that you are not required to have any investment expertise and you don’t have to invest your time, only your money. The disadvantages are that firstly you have relinquished your control over your money and secondly the returns for these types of investment are usually uninspiring.
Common examples of passive investing are savings accounts, government bonds, property trusts and mutual funds. Most people invest for their retirement under some form of passive investment that usually has special tax concessions which vary from country to country.
Active Investing
With active investing you take an active role in managing the investment. This form of investing could have a long term focus such as a buy and hold share portfolio or it could be a short term focus such as futures trading.
To do well in active investing you need to have considerable knowledge of the investment vehicle or vehicles that you are using. You also need to understand the basic principles such as when to collect profits, when to cut losses and how to analyze the market. You also need the emotional strength to apply these strategies as required (this is often the most difficult aspect of active investing).
The advantages of active investing are that you have greater control over your investment than you do with passive investing and the potential for profit is theoretically higher. The disadvantages are that you need to invest time in acquiring knowledge and skills and in managing your investments and also that the potential for loss is also generally far greater than in passive investing.
Common examples of active investments are share, options, futures, and currency trading, buy and hold share portfolio building, buy and hold residential or commercial property, and property trading.
Creative Investing
With creative investing you actually change the investment in some way that is designed to manufacture profit. This form of investment requires a lot of skill and experience but if you have that skill and experience then you can create huge profits by being able to visualize what your investment could be once you have applied your imagination to it. For this reason creative investing is often described as turning thought into money.
For example if you are a property developer there is a huge variety of possible developments that you could design and build on a particular piece of land. Amongst that huge set of possibilities there are also a huge range of potential outcomes ranging from high profit to huge loss and including all the points in between.
The advantages of creative investing are that it has the highest profit potential and the highest degree of control and flexibility. The disadvantages are that it requires the highest degree of knowledge, usually involves borrowing large sums of money and also has a huge potential for large losses if you get it wrong.
Common examples of creative investments are property development, property renovation, business renovation and new product development and marketing.
When you are deciding which of these three broad categories best suits you need to consider your knowledge and experience, your strengths and weaknesses, your access to resources, including time and money, and in particular you need to consider your personality including your time management skills, decision making skills, tolerance for risk and your self discipline.
There are of course many expert consultants to help you in each field and many sources of knowledge and experience to tap into.
I hope that this article was useful in helping you see where the various types of investments fit into the scheme of things.
Ernesto Maitim asked:
When it comes to investment pursuits, first time investors usually want to plunge in with the needed knowledge and trading. Unfortunately, only a few of these investors find success, which only means stock investing basics are needed to really enjoy excess in these type of investment. Having even a basic knowledge do help big time as investments means either gaining profits or losing your money – and so one must know what he is doing.
Before jumping into the stocks investment, it is advisable to learn more about investing. This can be done by studying and determining what the stock investing basics are. One basic in stock investments is know what your goal is. You should discern what you are trying go get out of your investments. Before deciding on investing a penny, think really hard first on what you want to earn from your investment. The fact is that knowing what your investing goal is will be a big help in your making more intelligent decision on investments.
One of the most important stock investment basics is to create a simple investment goal at first. Unfortunately many people wanted to become wealthy overnight with their investment. It is not a smart idea to begin your road to investment by having high hopes of getting rich overnight. It is best to make a slow but sure investment.
Stock investment basics also dictates that you work with a financial professional that will tell you if such as a wise investment. Your stock planner will provide you with information that will take you to sound investing moves in order to experience financial goals.
Simply put, you must be reminded that investing requires much from you as an investor. You simply cannot just call a broker and tell him that you desire to purchase or sell stocks. It takes a good amount of stock investment basics as well as investing knowledge especially about stock market in order to earn profitably and successfully.
For more articles and discussions on investing ways such as penny stock investment, do visit our Best Investing Strategies and Ideas blog.
Eze ThankGod ik asked:
There are four basics characters in man to watch out for. These are the characters that can influence a man’s investment plans either positively or negatively. Before investing, you have to be in charge of your mind. Don’t invest out of impulse. This has led many people into making poor investment decisions, and the consequences are always catastrophic. This leads us to what we can call the idol of the mind. There are some people today who still believe that investing in stocks is a form of gambling and therefore, since they are not gamblers and are not ready to gamble, it is better for them to stay off stocks. They believe that since there is nothing like professional gambling, there could never be a professional investor in stocks. Instead of seeing investments in stocks as a security for their future, especially when the company you choose to invest in is solid, these set of people decide to keep their money in banks.
One thing we must know is that life itself is a risk. This life is just a battlefield, and no one goes to the battle field without scars. So you can’t play the stock market without losses in some trades, nobody will promise you that, but the aim is to minimize your losses and maximize your profits. And that is why you really need to acquire knowledge about investing. There is no neutrality in life, it’s either you are a success or a failure and what determines your success in life is your investments. If you don’t conquer poverty, it will conquer you. So decide to start investing today in order to secure your tomorrow. Have a concrete investment goal, adhere to it and you will see success coming your way. If you invest in nothing, you will reap nothing, but if you invest in something valuable, you will definitely have a valuable profit in return. Your failure or success tomorrow starts today. The error of judgments of yesterday is what is manifesting as poverty and failure in the lives of many today. If you fail to get a quality education today due to the fact that there are lots of graduates roaming about without jobs, and for that reason, you decide not to go to school at all, be sure that poverty is waiting for you tomorrow. If you loose some money in stocks today, and therefore decide to turn away completely from stock or other forms of investments, know that you are doing yourself a dis-service. The truth is that without any concrete investment goal, there can never be success. After all, it is when you sow a good seed that you can expect to have a bountiful harvest, but if you fail to sow, you can’t expect to harvest anything. There are many other factors that militate against sound investments, though we are focusing our discussions here on stocks investments. Note that there are many other types of investments, so investments are not only stocks, but we are mainly talking about stocks here because it is the basis of our discussions here. Generally, investments are places you stake risks in order to profit tomorrow, the higher the risk, the higher the profit potentials. This is going to be our topic of discussion on another day.
Invest wise.
James Delrojo asked:
In the world of investing there are many different investment vehicles and strategies but they can be split into three broad categories. The advantage of thinking from this point of view is that it makes it easier to decide which form of investing or which combination of investing will best suit you.
Let’s have a look at the three broad categories of investing and look at the advantages and disadvantages of each.
Passive Investing
Passive investing is when you put the investment decision making into the hands of someone else, ideally an expert investment manager.
The advantages of passive investment are that you are not required to have any investment expertise and you don’t have to invest your time, only your money. The disadvantages are that firstly you have relinquished your control over your money and secondly the returns for these types of investment are usually uninspiring.
Common examples of passive investing are savings accounts, government bonds, property trusts and mutual funds. Most people invest for their retirement under some form of passive investment that usually has special tax concessions which vary from country to country.
Active Investing
With active investing you take an active role in managing the investment. This form of investing could have a long term focus such as a buy and hold share portfolio or it could be a short term focus such as futures trading.
To do well in active investing you need to have considerable knowledge of the investment vehicle or vehicles that you are using. You also need to understand the basic principles such as when to collect profits, when to cut losses and how to analyze the market. You also need the emotional strength to apply these strategies as required (this is often the most difficult aspect of active investing).
The advantages of active investing are that you have greater control over your investment than you do with passive investing and the potential for profit is theoretically higher. The disadvantages are that you need to invest time in acquiring knowledge and skills and in managing your investments and also that the potential for loss is also generally far greater than in passive investing.
Common examples of active investments are share, options, futures, and currency trading, buy and hold share portfolio building, buy and hold residential or commercial property, and property trading.
Creative Investing
With creative investing you actually change the investment in some way that is designed to manufacture profit. This form of investment requires a lot of skill and experience but if you have that skill and experience then you can create huge profits by being able to visualize what your investment could be once you have applied your imagination to it. For this reason creative investing is often described as turning thought into money.
For example if you are a property developer there is a huge variety of possible developments that you could design and build on a particular piece of land. Amongst that huge set of possibilities there are also a huge range of potential outcomes ranging from high profit to huge loss and including all the points in between.
The advantages of creative investing are that it has the highest profit potential and the highest degree of control and flexibility. The disadvantages are that it requires the highest degree of knowledge, usually involves borrowing large sums of money and also has a huge potential for large losses if you get it wrong.
Common examples of creative investments are property development, property renovation, business renovation and new product development and marketing.
When you are deciding which of these three broad categories best suits you need to consider your knowledge and experience, your strengths and weaknesses, your access to resources, including time and money, and in particular you need to consider your personality including your time management skills, decision making skills, tolerance for risk and your self discipline.
There are of course many expert consultants to help you in each field and many sources of knowledge and experience to tap into.
I hope that this article was useful in helping you see where the various types of investments fit into the scheme of things.
