Does anyone even believe in no money down real estate investing anymore? Robert Allen wrote and spoke about this all the way back in the '80s. Who doesn't want to make money without any thing at risk?! Investing is all about managing risk. That's why Warren Buffett is so highly paid - he makes money for his clients and mitigates risk! Bernie Madoff was well known for this too. That one didn't work out so well!
So, can it be done? Can one start with no money and bring in the big bucks? Yes, you can. With a little knowledge and some guts, you can make money in real estate with no money of your own, even in today's falling market.
If you're even a little interested in real estate investing, you may have looked into ivestment training classes and discovered they're expensive! It's true that you can earn the entire investment back in one deal - (that's where the guts comes in - placing $25,000 on your Visa card!), but you can get started without expensive training. You just need to have some self confidence, believe in yourself! Believe you deserve to be wealthy and learn to earn.
I'll write on some specific no money down real estate investing strategies next, but for now, go to iLearningGlobalRewards.com and learn more to earn more!
Sunday, April 19, 2009
Thursday, April 9, 2009
Saving Money is a Waste of Time!
So most of the financial authorities will tell you to save and invest your money. You should pay yourself first. Count on compound interest to do its job and make you rich. The story goes something like this:
Would you rather I give you ten thousand dollars today, or one penny today - doubled each day for a month? Most people unfiamiliar with the example would choose the ten grand, but if you do the math, you'll have over one million dollars, (well over) by the end of one month!
This sounds great, but there is one problem. I've yet to be offered one penny doubled each day for a month! In order to take advantage of compounding interest, I need to take money from my pocket today to save for tomorrow. I did this once - and by once I mean for 17 years! I was determined my children would grow up knowing a college education was paid for. All they would have to do is get the grades to get into the school of their choice. My husband and I saved, worked and put off the memory making fun we could have had with the cash we put aside. We watched the money grow and we deversified. The year before my oldest graduated from high school she had all of the money she would need to go to any school she could choose. What a great feeling! We did it! We had no control over the market, however, and by the time my precious daughter graduated from high school, her fund portfolio was worth less than we had put into it. The value had dropped by seventy five percent. What a waste of time and life!
I've since discovered new experts who tell me I can have it all now - and have it all later. Do you think that sounds hard? Risky? It's actually easier and much more fun this way! I'm enjoying the freedom which cash flow brings, knowing I'm in control. Let the market do its thing. I'm teaching my children to be independent, to make their own future.
I know you're thinking this is too good to be true. For more information, read Garrett Gundersen's Killing Sacred Cows or join me on iLearningGlobalRewards.com to start creating your future today.
Would you rather I give you ten thousand dollars today, or one penny today - doubled each day for a month? Most people unfiamiliar with the example would choose the ten grand, but if you do the math, you'll have over one million dollars, (well over) by the end of one month!
This sounds great, but there is one problem. I've yet to be offered one penny doubled each day for a month! In order to take advantage of compounding interest, I need to take money from my pocket today to save for tomorrow. I did this once - and by once I mean for 17 years! I was determined my children would grow up knowing a college education was paid for. All they would have to do is get the grades to get into the school of their choice. My husband and I saved, worked and put off the memory making fun we could have had with the cash we put aside. We watched the money grow and we deversified. The year before my oldest graduated from high school she had all of the money she would need to go to any school she could choose. What a great feeling! We did it! We had no control over the market, however, and by the time my precious daughter graduated from high school, her fund portfolio was worth less than we had put into it. The value had dropped by seventy five percent. What a waste of time and life!
I've since discovered new experts who tell me I can have it all now - and have it all later. Do you think that sounds hard? Risky? It's actually easier and much more fun this way! I'm enjoying the freedom which cash flow brings, knowing I'm in control. Let the market do its thing. I'm teaching my children to be independent, to make their own future.
I know you're thinking this is too good to be true. For more information, read Garrett Gundersen's Killing Sacred Cows or join me on iLearningGlobalRewards.com to start creating your future today.
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