Own 3 utility companies and 3 gas or energy companies, using same investment strategy. Build those stock positions while you are employed to ease monetary burdens when you retire.

Build a stock market portfolio that will provide you a dividend check every week of year. All it takes is twelve companies that pay a dividend. Twelve companies to receive dividend checks every week of year, for rest of your life. Whether you find that goal worth effort, bare in mind only thing that comes without effort is old age.

Spend time it takes to learn from others and take advantage of experience of others. Make every investment dollar spent bring value in form of cash dividends. You will find that investing in those companies that raise their dividend every year, coupled with stock appreciation to be a very powerful and effective wealth creating formula.

Web Site: http://www.thestockopolyplan.com

The 100% Loan

This is least complicated loans because it only requires one lender to write one loan for 100% of home’s selling price.

The interest rates can be significantly higher than with 80/20 loan plus you will have to pay PMI until you have built up 20% equity in your home.

VA Loan

If you are an honorably discharged veteran of United States Armed Forces then a VA (Veteran’s Administration) loan offers 100% financing without incurring penalty of having to pay PMI.

Lenders who participate in VA loan programs have less stringent qualification requirements because U.S. Government is guaranteeing borrower’s performance. This means that borrowers who might not otherwise qualify for a mortgage can get qualified with a VA loan.

Other No Money Down Alternatives

There are other government loan programs which can get you into a home with no down payment if you qualify for terms and conditions. For example, if you are buying a home in a rural area then you may qualify for a USDA Rural Housing loan program.

The American Dream Down Payment Initiative law was recently signed by President Bush and it offers another avenue into home ownership. There are some qualification requirements including that you be a first-time home buyer who is purchasing single-family housing that you intend to live in. The term “single-family” includes conventional one-family housing, a condominium or co-op, as well as a pre-manufactured or mobile home.

Even though law says that you have to be a “first time home buyer”, actual definition states that a first-time home buyer can be a person or married couple who have not owned their own home during three years prior to applying for a loan through program.

The Federal Housing Administration (FHA) offers low income first time home buyers chance for home ownership with just a 3% down payment. They have resources available to steer borrower towards other Government “down payment assistance programs” which can end up resulting in a zero money down loan in end.

HUD is in process of getting a true “Zero Down” program launched and it is expected to become available during 2005 if Congress passes legal changes required to make it law. Not only does HUD want to offer Zero Down loans, but they want to allow borrower to roll some of closing costs into loan up to a maximum loan value of 103% of selling price.

Many State and local/county governments also offer first-time home buyers and other targeted groups opportunity to participate in programs which offer no money down loans.

Your best bet for finding any zero down programs is to do some research yourself and enlist aid of a mortgage broker who specializes in zero money down mortgage programs.