How to Avoid the 3 Biggest Pitfalls in Real Estate
Unlike many so called “real estate experts,” I am more than a teacher… I’m truly an active investor. I started investing in real estate at age 18, when I bought and fixed up a rundown apartment building in my hometown. And in the past 20 years, I’ve made millions of dollars…
READ MOREIs Your Market Waggling?
My wife keeps bees. She can sit in front of her hives for hours, just watching their dangerous little tushies waggling back and forth in front of the entrances. I sometimes sit next to her in the early evening and watch too – for as long as I can. To me, it’s all the same thing: The bees fly in. The bees fly out. A couple of bees are walking around in circles. Okay, I get it. Now can we throw a Frisbee?
READ MOREFantasy Value Can Lead You Down the Wrong Path
If you like to buy companies on the cheap – like I do – you probably look at their P/Es. That’s fine. Just know what you’re looking at. If it’s a forward P/E, ignore it.
What’s a forward P/E? Let me explain….
READ MOREThe Investment Pecking Order Comes Into Play
I’ve cautioned you before about settling for the common shares of troubled companies. Why? Because if the company goes under, bondholders and preferred shareholders get paid before the common shareholders get a penny…
READ MOREA Free Way to Come Up in Google’s Top 10
Getting to the top of a search engine results page is a never-ending quest for Internet business owners. But guess what? I’ve found that banging out a few short articles – on a subject I already know – has a powerful effect on the amount of traffic my websites get. And you can harness this power for yourself by following a few simple guidelines…
READ MOREWho Makes the U.S. Budget Deficit Worse – Democrats or Republicans?
Republicans like to call themselves the party of fiscal discipline. But if you dig into the numbers, you might find some surprises…
READ MOREMaking Time Your Ally
You can be the envy of every stockbroker… floor trader… and intra-day trader who is a prisoner of the flashing green and red indicators on his laptop. They all have to pay attention to the market. Every day. All the time.
READ MOREThe Paradox of Choice, or All I Wanted Was a Loaf of Bread
“If you can find bread, buy it!” My friend’s advice seemed almost comical as we sipped tea and enjoyed scones, strawberry jam, and cream on a fine spring day in 1990 in Bristol, England…
READ MOREYou Sunk My Battleship!
Yesterday morning, my seven-year-old son and I played a rousing game of Battleship. Well, it would have been rousing if he hadn’t been too excited to mark the results of his guesses. He’d say “F-8″ and I’d say “Miss” and he wouldn’t put a white peg in the F-8 hole. Two turns later, he’d say, “F-8″ again…
READ MOREHow to Profit From Idea Thieves
A common concern among would-be information marketers is illegal copying. Because their products are downloadable and easy for their customers to share, many think that will be the downfall of their business…
READ MORECan You Create Another Income Stream as a Consultant?
If you possess valuable knowledge and experience, you might be able to share it – and get paid for it – as a consultant. This could be a lucrative sideline to your current business or career. Consultants are well compensated – as much as hundreds of dollars per hour. The…
READ MOREWhere’s the Party?
In theory, you can make a lot of money investing in bubbles. But you have to deal with one killer problem: when to leave the party. As John Stumpf, CEO of Wells Fargo, puts it, “It is more difficult to attend a party and leave before the trouble starts than not to attend the party at all.”
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