Wealth Building – How to Stop Stressing With Your Investments and Start Building Financial Freedom

Life is too short to spend it stressing out over your investments…whether they’re going up or down or directly into the dirt. All of the uncertainty surrounding investments is enough to make you want to stick your cash into mason jars under your bed and be done with it. Thankfully, you can put a stop to stressing over investments and start enjoying peace of mind and success. All you have to do is start focusing on the investment strategies are timeless and which give you the greatest sense of control. Let’s look at two investment strategies which I’ve found to be pretty pain-free and great for increasing personal wealth.

Investment Strategy #1: Real Estate

No matter where you are, I want you to think about just how persistent the need is for people to purchase real estate. Everyone who needs a home needs to live somewhere, whether they’re renting from someone or mortgaging or purchasing a house outright. This means that if you invest your money into real estate, you’re investing it into something which is always going to have value. Real estate is one of the only investments which can never hit zero, although it can go down quite a bit at times.

 

However, even when the real estate market is taking a nose dive, you can still rent out the properties which you own until you find yourself in a position where selling them for a profit is an option. Many people think of real estate in terms of only buying low and selling high, which is why a lot of people end up losing money. However, if you learn how to read the market, you’ll know when to buy, when to rent and when to sell. This is when real estate starts becoming a smart and stable investing strategy.

Investment Strategy #2: Your Own Business

Investing money into your own business is perhaps the most stable investment strategy which you can engage in. It’s like investing into your education, where you’re also acquiring assets that can help to create wealth using your specific knowledge and expertise. For example, if you invest money into having a product created which you can sell for years to come, you’ll have a form of wealth which can help you to earn money over and over and over…perhaps even for life (depending on the type of product).

Thankfully, with the automated technology of the internet and the global economy, creating your own signature product is now easier than it has ever been. As long as your investment goes towards building an asset which has real value to people, investing in your own business or brand can prove to be the most profitable and secure investment moves that you can make.

Finance Companies Understand That People Want a Decent Reliable Car

When considering vehicle finance it’s highly recommended to look at all the different packages available. In the current economic climate the rates will be very competitive. Finance companies understand that people want a decent reliable car, if the potential borrower meets certain criteria it could be as simple as going out and choosing your dream car, with no need to settle for just a basic one.

An application for a loan can be approved within an hour in some cases. The loan terms can range from 6 months to 5 years. An older car will have a shorter loan term.

The loan can however be paid off earlier, in these cases an early settlement fee will normally be charged.

If you plan to get a car in a particular price range then the finance will be able to pre approve the amount before you start looking. This makes the selection process easier. Whether you choose a motor vehicle dealer or a private seller the fees will be transferred directly.

It’s normal for companies to have a minimum loan amount of $5,000. The borrower must be at least 18 year of age. Some borrowers will need a guarantor who will be held responsible for any default in payments. Interest rates will often vary considerably depending on a variety of factors. For those with bad credit history the process will be longer and the rates will change.

Specialist finance companies will be able to offer excellent rates and will be able to tailor details specifically to clients needs.

Entrepreneurial Management – How to Create Your Favorable Financial State and Influence

An entrepreneur is one who is successful in business. To lead the kind of life you want you should command a favorable financial state and you can do this through entrepreneurial management; the ability to create a business and be your own boss. The more people own their own business in a country, the better and safer the country will be; people who have a stake in their nation and community are its best citizens. A well-run business can generate unbelievable profits, outperform any other source of gaining wealth and surely bring you fame. Build a solid foundation for a business in order to build great investment for your future.

Entrepreneurial management demands you bring to stage your wits and wisdom to make things happen in exceptional ways. Before you start your journey to riches, you must take inventory of your current situation. The goal in wealth building is to do things far beyond your current demands you motivate yourself, go outside your comfort zone to maximize your abilities and potentials. In order to succeed in what you do, you need to expand your thinking outside your reality zone and aspire for greater heights. This is an ageless and timeless concept that I discovered in the life of all successful entrepreneurs. They strengthened their ability to manage and lead the affairs of life.

Are you ready to take absolute control of things and bring yourself to a focus with the rightful state you desire? Build assurance through concentration, affirmation and harnessing your skills in line with what you aspire for. Plant the seed of greatness in your mind and fertilize it. What is the degree of your idea power? Idea is the life blood of entrepreneurship. Fill your mind with reliance and also fill it with positive thoughts that paint your passion and produces productivity. Take a detailed look at your current reality and form a clear picture of where you would like yourself and your business to be in future. Define your niche, be smart, identify your customers and give them the best of services.

 

The secret of successful entrepreneurial management is to love what you do. The entrepreneurship lifestyle is for those who have the great mind to stand tall even in difficult situations. To make things easier for you, raise people and mentor/coach them to run the business and you have time for other things. Establish a good relationship with people. Once you are making a lot of money from your business, use the income realized to invest in additional assets in order t make more passive income. If you are in a paid job, I advice you not to quit your job when you are just starting your journey towards your entrepreneurship dream. You need that salary to help leverage your way to success in your entrepreneur goal. Synergy is the sagacity you need to make things happen faster and in a greater way. Partner with like-minded visionaries. Re passionate about the business you are in. this creates motivation and keeps going even in front of difficulties. Establish your entrepreneurial management capacity and create your favorable financial state to be a person of influence in this day and age.

How To Start, Build, Maintain, Or Fix Financial Freedom And Security

Ok, now that you’ve taken the first step to becoming financially independent and secure, I’m going to share 10 ways to start, build, maintain, or fix your financial situation/circumtance.

1. Establish and maintain motivation to being financial secure.

2. Don’t get discouraged if it’s taking a while. Patience and consistency are key elements.

3. Financial freedom, security, and wealth come from multiple avenues of income. Unless of course you’re fortunate to inherit wealth.

4. Start small and work your way up. Taking too big of a step could be overwhelming.

5. Open a savings account. Starting with a savings account allows you to put away money that is earning interest. Therefore, your money will be generating a small income. REMEMBER:start small. Be dedicated to putting money into the account on a frequent basis. (A specific amount is good, and you should set a specific reoccurring time to put the money in the account, like every paycheck or once or twice a month.) TIPS: It’s more helpful if you don’t touch the money at all unless it’s an emergency.

 

6. Establish an emergency fund. This allows you to have money on hand in the event your regular income can’t cover your expenses. (You could open another savings account for this.)The amount can be determined by the most costly expense you might encounter such as car transmission, roof leak, etc. $2000 is a good starting point.

7. Once your savings account reaches the necessary minimum to open a CD(certificate of deposit), transfer the money into a CD. This will earn more interest than a regular savings account. (Note: the more you put in and the longer you set the term, the more interest you will earn. CDs usually start at $500, and terms generally run from 6mos-5yrs. Some banks offer large minimums with short terms that have promotional rates that are higher than regular CDs, wachovia bank is one of those banks.)

8. Once you’ve started a small money generating agent and set aside your emergency fund, then you can start working on your debt. You want to pay more on your balance than the minimum requirement. **You can work on your debt before opening a CD, but you shouldn’t work on debt before establishing a money generating agent and an emergency fund. If you don’t have a back-up (emergency fund and savings) for your primary income, you’ll most likely need to use some form of debt product (loans, credit cards, borrowing from friend/family) in an emergency situation or when your primary income doesn’t cover your expenses.**

9. Research other means to occur avenues of income. Some starters are paid surveys, bonds, stocks, mutual funds, investments (real estate, businesses, etc.), IRAs, money market accounts, more CDs, etc. **The more avenues you have, the more income you will earn, therefore, building and maintaining financial freedom/seurity/wealth.

10. DON’T GIVE UP! and stay with it. There are many ways to build something, however, there’s one principle that must always be present, STARTING WITH A STRONG AND SOLID FOUNDATION!

In closing, remember that financial freedom, security, and wealth is established by multiple avenues of income. You should always have an emergency fund or back-up fund for your primary income before working on debt to ensure that you don’t have to rely on debt products for help. Start small with money generating sources, too big of a step could be overwhelming financially. Don’t look at putting money aside as a bill, look at it as self financial promoting or as a self made retirement tool. Always keep in mind, patience and consistency, and stay motivated and encouraged. Beginning with the first five steps will help you establish a strong and stable foundation to build off of. Good luck and stay positive!

Financial Investment Planning Towards Retirement

Investment planning is indeed a vital step in the financial planning process. The implementation of a sound and effective investment strategy is necessary to provide the financial security and expected returns to meet the objectives of a financial plan.

Like every thing in life, nothing is free. Risks and returns go hand in hand. If you want to be rich and financially secure during your retirement years, you have to stomach at least some level of risk in any kind of investment. The correct level of risk tolerance varies from individual to individual, depending on the personality of the individual. Indeed, it would be pointless to make an investment which might double in a short period of time if by virtue of holding that position that individual cannot sleep well and spend endless hours worrying about the state of his investment.

Hence, investment planning entails firstly, determining your risk tolerance. Most investment planners have drawn up a Investor Risk Profile quiz to be taken by their client before recommending on the relevant investment plan for their clients. Investment program and the right asset allocation need to vary according to the risk tolerance of the individual.

Another very important consideration is to embark onto an investment plan only after you have obtained an emergency buffer of 6 to 9 months for your expenses in place. This buffer is extremely vital as otherwise the slightest mishap or an emergency situation can derail your investment plan and cause you to plunder your investment program too early for it to gather momentum.

 

Self managed direct investment should only be considered if you have sufficient knowledge and time to study and monitor the investment conditions. Engaging a professional financial planner would be a wiser option. Different investment products are available in the market and are recommended depending on the degree of risk an investor is willing to undertake. Low risks products would include savings and fixed deposit accounts, moderate risks products would include conservative mutual trust funds and blue chips, whereas high risk products would include small capped growth stocks, futures and options and other derivatives.

In order to meet the objectives of a financial plan, a sound and comprehensive investment plan should consider asset allocation and diversification in the investment portfolio. The investment plan should include a statement of expected return, a statement of expected level of risk and also the expected time zone horizon of the investment strategy.

The U.S. dollar weakened, Global Gold continue strengthening

Gold prices bounce back, after the United States dollar (U.S.) weakened against the euro. Positive sentiment came after the European Central Bank said it was ready to buy bonds for countries in debt.

This policy makes the euro exchange rate rose, but the impact of high inflation. Investors also looked at gold as an asset against inflation hedge. Investors are waiting for important jobs data from the U.S., to prove whether the stimulus Monter stage III (QE3) issued by The Federal Reserve has the desired effect on the labor market.

Spot gold prices edged up $ 3 type, 20 or 0.2 percent to USD1.791, 75 per troy ounce, gold is still recorded a 1.2 percent weekly gain, with the highest level of USD1.794, 90 per barrel, the highest since November 2011. While the U.S. gold, Comex Gold, down $ 2, 60 or 0.14 percent to USD1.793, 90 per troy ounce.

Positive sentiment was also supported gold European Central Bank’s policy to keep interest rates. In addition, ECB President Mario Draghi said the ECB was ready to buy bonds of troubled euro zone and soothe tensions in financial markets.

SPDR Gold Trust, the world’s largest gold trading gold-backed exchange-traded fund, said its holdings reached a record high of 1,333.44 tonnes on October 4.

Spot platinum rose to a more than seven-month high of USD1.719, 50 per troy ounce. Spot palladium, sloping at USD675, 50 with the highest level of USD668, 50 per troy ounce.

Student Finance Services – Serve You Cause

In an era when education is no longer free, money plays an even more important role in the lives of students. Financial burdens cause stress of financial strains placed on students. And here student finance services serve their causes to make them able to avail the quality education. They can often be managed with assistance from the financial adviser located everywhere in the money market.

Under the finance services, you are suggested the following tips:

* Budgeting

* money saving tips

* information, Youth Allowance

* Concessions

* Advice regarding buying a computer

* Fee assistance

* Student loans

* Federal grants

* scholarships

Student finance services are made available to both full-time and part-time students. They are enabled to bear up the burden of expenses related to their studies such as books, stationery, computer or printer fees, food and accommodation, lab charges, technical apparatus etc. In some cases, where there are exceptional circumstances, loans can also be for things like rent or a bill that has arrived unexpectedly. International students can also apply for these services.

Importantly, student finance services are not given for any sort of recreational expense. They do not cover your credit card debt, fines or for any luxury. It is also important to note that loans are for one off expenses. You can not intend to invest the fund on as a regular supplement day-to-day expense.

Rate of interest incur upon the student finance services depends on the sort of service charges. However then, these finance services are cost-effective. And sometimes, services are provided interest free as long as they are paid back within the agreed upon time. Even you can shop around for the cheapest possible service.

A quarter of service providers are out there in the money market. You can locate them even online. Online tool is simple and convenient. It saves a good amount of your time and energy. What all you need to do is to fill out a simple online application. The application is reviewed, and later amount of money is granted. You get the fund you need and invest as per your requirements.

Workplace Financial Education and the Positive Impact on Organisations

Personal finance can be a scary issue for many people. It can be confusing and overwhelming. To make matters worse, most Australians are so busy juggling work and life that they lack the time to give their personal finances the attention it deserves – which is the reason why most employees are requesting workplace financial education, tools and resources to help them make the right financial decisions, so they can achieve real LIFE outcomes outside of work.

Workplace financial education and advice is now the most sought after employee benefit employees want and leading employers are lining up to align themselves with organisations that can provide a trusted source of education and unbiased advice.

And don’t be fooled. Financial education isn’t designed for employees struggling to pay the bills. It’s designed for employees that have the financial capabilities to get more out of their income and investments. So we’re talking about employees ranging from the CEO down to middle management.

 

Investing in employee’s financial well-being makes good business sense. Why? Because personal finances impact basically every aspect of your life – from your lifestyle, relationships, attitude to your physical and mental wellbeing. So when employees lack the time or expertise to make the most of their personal finances, it affects their life inside and outside of work.

Employees who are distracted with their finances often find it difficult to focus on their work and spend valuable work time searching for solutions which directly affects their productivity and their employer’s bottom line.

What is Workplace Financial Education?

Financial education isn’t just about providing employees with information about money, taxes, investments, superannuation and so on, because information alone does not produce financial outcomes.

Employees still have to take financial information away and then apply it to their own personal circumstances which can also be very challenging. So workplace financial education won’t mean much to your busy executive if they don’t have the tools and support to help them take action, so financial coaching is also a big part of a financial education program – having quick access to a team of experts at their finger tips.

The upside will far exceed your organisations expectations

Many employers now include financial education as part of their employee benefits program. There’s a growing awareness that such programs give organisations a competitive edge whilst increasing their reputation as an employer of choice.

Workplace financial education gives employees the tools, information and confidence to make better financial decisions that can help them achieve positive financial outcomes which directly impact their personal and professional lives. It can be a roadmap to a better future.

Creative Ways to Finance a Business Purchase

You’ve just walked out of a business owner’s office, who has
grown an established, profitable business that he is willing to
sell to you, for very favorable purchase terms, at a fair
price, but you have no clue how you are going to raise the
necessary capital required to complete the purchase. Sound
familiar?

Pursuing a viable company to purchase is a very competitive
process. Money is often the most critical weapon a business
buyer has to differentiate themselves from all the other
business buyers who are also fortunate enough as you to have
found the same great business acquisition candidate as you
have. If you don’t have the funds to compete in the business
acquisition market place, you will quickly become a
consequential example of the old mergers and acquisition
industry adage, “No dollars, no play, no deal!”

Most seasoned business buyers will tell you that they are not
always looking for “a deal” in a business acquisition, but to
purchase a company for reasonable terms that offers a
consistent, high return on investment, with little or no buyer
competition.

Astute business buyers focus on leveraging their investment
dollars first and foremost, seeking to acquire controlling
interest in a viable company for the least amount of their own
money. Business purchase terms can be very diverse, as can
means to finance a deal. Terms of purchase are often perceived
by both the business seller and buyer as the most critical link
to their eventual purchase agreement, much more so than just
purchase price.

Sometimes You Have to get “$ Creative”

When you find an extraordinary business acquisition opportunity
that initially exceeds your current financial wherewithal, you
need to be get very creative and resourceful, very quickly, to
be able to achieve your desired outcome. Again, your objective
is to negotiate and finalize a reasonable purchase contract
with the business seller, using as much of his or his company’s
money, or anybody else’s money you can secure and still
maintain management control of the company post purchase.

There are four fundamental areas a savvy business buyer can
pursue to attempt to get the necessary funds to finance
controlling purchase of a profitable company acquisition:

Business Buyer Personal Funds:

* Cash Savings

* Liquidate paper investments

* Negotiate a private party loan from a friend or family
member

* Advances from personal credit cards or negotiated delays in
outstanding credit card balance payments

* Obtain a bank loan secured with high value, personal assets,
like your home or car(s)

* Negotiate payment delays on buyer’s current outstanding bills

* Barter or trade significant equity positions in personal
assets for required business assets

Take on Partners:

* Aggressively pursue a minority ownership partnership with the
current owner

* Bring in a trusted new partner – sell him shares in the
company

* Sell shares of the company to existing employees

* Sell shares of the company to existing company vendors or
suppliers

* Sell shares of the company to other business buyers

Pursue Every Funding Source:

* Include, increase, the earn out portion from the company’s
future earnings

* Sell revenue participation certificates (Bank collects/
disburses funds)

* Bank loan to the business

* Asset loan to the business

* Loan from current business supplier(s) or vendor(s)

* Finance or sell off all existing excess inventory in the
company

* Sell high value assets and lease them back or finance them

* Sell high value equipment outright and time share or borrow
other like equipment

* Accelerate company receivables

* Factor company receivables

* Seek customer deposits against existing orders

* Lease a high value asset and get advance lease payments from
the lessee

* Sell excess or low use assets

* Sell the company customer list

* Sell on-business-premise concession space

* Sell the parking lot land

* Sell trademarks or unused licensing rights

* Sell or sublet the part of the business building and get
advance payments

* Sell “junk” or obsolete inventory accumulated for cash

Reconfigure Outstanding Business Purchase Balance Arrangements

* Pursue as much seller financing as possible

* Defer the down payment portion as long as you can

* Assume more or other liabilities not originally in the
purchase contract

* Negotiate a value for a buyer’s personal check put in escrow

* Let the seller retain all receivables

* Discount liabilities due the company for immediate cash
payment

* See if the business intermediary will finance their
transaction commission

* Assume seller’s personal debt’s or liabilities

* Negotiate extended payment terms with key suppliers

* Inventory all primary materials on consignment terms

* Finance all acquisition fees involved in the transaction;
consultants, CPA, etc

Professional business buyers who have faced a “challenge” like
this in their career will tell you that it is no fun being in a
situation like this, but they’ll always refer to it as “worth
it” when, over time, the anticipated business performance came
to fruition and more than justified the initial level of
financial risk leveraged to “do the deal”. They rarely mention
however, that trying to get all parties to agree to your
finance limitations and loan terms, in rapid fashion,
simultaneously, can be hazardous to your health! It’s worth a
shot, don’t you think?

Being Eligible For Invoice Finance Services

It’s a growing trend in the business world to use invoice finance. This service helps to improve a company’s cash flow by releasing cash from their outstanding invoices, and it also reduces the daily admin of chasing payments and dealing with bad debts, because the factoring company usually handles a business’s sales ledger. It all sounds great, but not all businesses are eligible to use factoring services.

Just like with banks, factoring companies have their own requirements for their clients. They might be an independent company or owned by a high street bank, or maybe even a broker who will pass on your business to a chosen partner. Either way, they’ll offer their own particular services at their own rates.

Companies are generally eligible to use factoring if they meet a few specific criteria. The most important is that they trade business-to-business. Many factors won’t take on companies who sell to the public. A minimum turnover is also required, generally £50,000. This is because lending needs to be worth the factor’s while. Some factors will lend money to smaller companies but they must have a certain number of customers. Both the company and its customers must have a good credit rating so that the risk of lending to them is low.

If you have small invoices or a small number of customers, or if you have a lot of disputed payments and bad debt, you may not be eligible for factoring. The best thing to do is to talk to a factoring broker to find the best company to suit your needs.