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Home - smiledon's Finance and Investment Articles
smiledon's Finance and Investment Articles |
Have you ever watched a squirrel balancing up on the highwires? He actually makes the balancing act look easy, doesn't he? I always wonder what will happen to the squirrel should he lose his balance. You see, the highwires are not part of his natural habitat. They are manmade, and he has no safety cushion built in to protect him. But, we as humans build our own cushions. We love our cushions, because they make our lives easier. We have cushioned shoes to absorb the impact on our bodies from walking, jumping, jogging read more
Real estate investing can be a very lucrative way of making a living if prior homework is done. Knowledge and preparation is the key to your success or failure. Putting together your investor team before even thinking about looking at the first property will increase your chances of succeeding in this business. Your team should consist of:
All of the above play a key role in your success and finding the right match for the team should be carefully considered.
Below are some possible team members, and what they need to be on the team read more
1. Save three months of income in super safe investments. Before aggressively paying down your debt, I recommend you pay yourself first by having three months income in a savings account or other no risk investment that you can get to in an emergency. Do not put off any longer having this emergency saving. This is what you need for real emergencies. With this money, you should be able to raise your insurance premiums, not have rely on payday loans or new debt for those unexpected emergences, and be able to collateralize a secured loan for the purpose of building your credit read more
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