Does Your Life Include a RIPE Plan?—Planning Tips for Retirement, Investing, Protection, and Estate Planning – Part 2 (Investing)

Written by Janet L. Hall


Does Your Life Include a RIPE Plan?—Planning Tips for Retirement, Investing, Protection, and Estate Planning – Part 2 (Investing) by: Janet L. Hall

After reviewing your retirement plan, or lack of one, you might have had a huge eye opener torepparttar type of life you might have to endure after retirement. Did it become apparent that you HAVE to change your lifestyle NOW so you can enjoy your future? Did it become apparent that you better start learning about investing and start investing NOW?

TIP: Before you begin to invest you should also educate yourself intorepparttar 112778 vast arena of investing. You should have a game plan, know what your expectations are for investing, and your needs for now andrepparttar 112779 future.

The Internet has made it easier then every to start investing; at least you can sit inrepparttar 112780 privacy of your home or office and click away your money. BUT are you investing wisely? OR doesrepparttar 112781 whole idea of investing have you so confused or scared that you don’t even think about it?

Let me tell you right up front, there are no PERFECT investments. Very few people (if any) get rich overnight by investing. Investing is more like a long-term savings plan, but hopefully with much better returns.

To make intelligent and wise investments, you should know and understandrepparttar 112782 economic conditions; not only ofrepparttar 112783 US or country you live in, BUTrepparttar 112784 world economy as a whole. Stop, learn, and understand how inflation, interest rates, and taxes will affect your investments.

Once you have some understanding of economics and how it will affect your investments then you need to know and understandrepparttar 112785 different types of investment opportunities that are available and how your age and possibly even your health plays into those investments.

The 5 W’s of Investing:

~~ WHO do I use as my broker or do I go at it alone? You can do most of your investing yourself but if you need or want advice, hire a planner or broker; you DO NOT have to be rich to hire a planner. Just remember, bottom line, it’s your money, not theirs, and it’s your life!

~~ WHAT type of investments should I make? A lot of things come into play here – your age, income, available monies, your health, and your expectations. I’ve listed several types of investments for you. It’s your job to find out which is best suited for you.

Types of Investments:

For a small amount of money you can invest in many stocks by investing in MUTUAL FUNDS.

Under Mutual Funds you have: Growth Funds, Income Funds, Bond Funds, Money Market Funds, Sector Funds, International Funds.

There are * open-ended * and * closed-ended * funds, * fund families *, and * big * funds and * small * funds (Isn’t this FUN!).

INDIVIDUAL STOCKS are publicly traded stocks that are over-the-counter and listed.

Under Stocks you have: Common Stock, Preferred Stock, Cumulative Preferred, Stock Dividends, and Penny Stock.

IOU a BOND, which is what a bond is.

Under Bonds you have: T-Bonds, T-Bills, Savings Bonds, Municipal Bonds, Corporate Bonds, and Stripped Bonds.

HOW TO RAISE $250,00 IN 24 HOURS

Written by Stephen Renfrow


Many people have had opportunities presented to them where quick cash was necessary. However, most people are unable to take advantage of these great opportuni- ties because they lackrepparttar money or access to sufficient money.

A simple procedure is available whereby you can generate cash within 24 hours. The process is easy and quick and requires that you first makerepparttar 112777 preparation and layrepparttar 112778 groundwork forrepparttar 112779 plan.

We call thisrepparttar 112780 Round Robin Technique. We graciously acknowledge Mark Haroldson for disclosing this technique to us back inrepparttar 112781 70's for Real Estate Investing. Here is how it works.

Go to ten banks and tellrepparttar 112782 loan officer at each bank you want to borrow $1000 for 30 days. If they do not want to do this based on your signature alone, tell them you wish to borrowrepparttar 112783 amount and then make a Certificate of Deposit in their bank forrepparttar 112784 same amount. Atrepparttar 112785 end ofrepparttar 112786 30 days, userepparttar 112787 CD's to pay off your loans.

Then wait 30 to 60 days and go back to each bank from which you borrowedrepparttar 112788 original $1000. This time request a larger amount depending on what you thinkrepparttar 112789 bank will loan, say $5000, on your signature alone. If they refuse, userepparttar 112790 CD approach. Now if each bank approves a $5000 loan you will be able to raise $50,000repparttar 112791 second time.

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