The only way to reach the bigger goals that you want to achieve is to break it down into smaller goals so that you can experience that satisfaction of accomplishment. When you break down goals it allows you to focus that much more intently on the main goal. What happens is, you are able to focus so much the sub -goal that when you reach the main goal, it will be that much more meaningful and important. Start small and one day you will have what you always wanted.
Tuesday, March 13, 2012
Saturday, January 14, 2012
Trying to stop working for someone else!
When working for someone else, you have to jump when they tell you and you have to be somewhere at a certain time. Most people need this for the since of security but what most are failing to see is that in the end they have no security. When working for someone else they can lay you off without notice, working for yourself you are able to have security in controlling your cash flow as well as your work. On your own is a huge to step to take but if done correctly it will be worth it. As I have found it is not always glamorous, sometimes it doesn't feel worth it. Trying to quit your day job is a big step, but a step that you may like. Besides more money and better hours you are also able to have more family time which is one of the big reasons why I am making this vary decision. Go big or go home!
Wednesday, August 17, 2011
Starting To Invest
When you decide to start investing so that you have a more promising future then there are some steps that you need to take before you start.
1. Start researching on the different types of investments.
-There are many different kinds like Real Estate, Stocks, Bonds, and Savings. There are many more available and that is something to research and see which is best for you.
- There are many books and blogs to read to get comfortable.
2. Make sure that your personal finances are good.
- You do not want a lot of debt so paying off credit cards and car payments so that you can invest more money.
- You need control of this so that you don't have to try to sell your assets so that you can pay bills. Stay off the credit cards.
3. Start a plan. Sit down and be realistic. Look one year, 5 year, 10 year down the road and think about where you want to be.
-Making millions in five years is not exactly realistic, so be reasonable.
- Look at your finances and see what can be put away in a savings account so that it can be invested in time.
- The way that some start is to put 10% from their paycheck into a bank account and then when it hits a set amount ie.$1000 then you buy a stock. You can mess with these numbers and make them fit your needs.
With these steps you can start making money. The number one fear that I see with investing is that people are afraid of losing their money. While there are no guarantees in keeping your money, you can use some time researching to find good companies that you are safer in. Just do it! If you start slow you will become more comfortable in the markets. Always invest with your head and not your heart.
I will continue to write on other ways to start making money.
*****NEVER INVEST MONEY THAT YOU NEED TO LIVE ON*****
Subscribe and see how a long term plan can make money without trying to play the market.
1. Start researching on the different types of investments.
-There are many different kinds like Real Estate, Stocks, Bonds, and Savings. There are many more available and that is something to research and see which is best for you.
- There are many books and blogs to read to get comfortable.
2. Make sure that your personal finances are good.
- You do not want a lot of debt so paying off credit cards and car payments so that you can invest more money.
- You need control of this so that you don't have to try to sell your assets so that you can pay bills. Stay off the credit cards.
3. Start a plan. Sit down and be realistic. Look one year, 5 year, 10 year down the road and think about where you want to be.
-Making millions in five years is not exactly realistic, so be reasonable.
- Look at your finances and see what can be put away in a savings account so that it can be invested in time.
- The way that some start is to put 10% from their paycheck into a bank account and then when it hits a set amount ie.$1000 then you buy a stock. You can mess with these numbers and make them fit your needs.
With these steps you can start making money. The number one fear that I see with investing is that people are afraid of losing their money. While there are no guarantees in keeping your money, you can use some time researching to find good companies that you are safer in. Just do it! If you start slow you will become more comfortable in the markets. Always invest with your head and not your heart.
I will continue to write on other ways to start making money.
*****NEVER INVEST MONEY THAT YOU NEED TO LIVE ON*****
Subscribe and see how a long term plan can make money without trying to play the market.
Monday, August 8, 2011
Real Estate Investing Blog
This website seems to have a lot of good points that can be taken before you just jump into a property. The key that i have learned through others mistakes are that you need to be patient and invest for the long term. know what you are doing before you just decide to jump into an investment that you know nothing about. I have made these mistakes, even though they were small amounts of money they could have been devastating.
Real Estate Investing Blog
Monday, July 25, 2011
looking in the future
I will start by saying that i am trying to become self-employed and be a real estate investor. to start i am using other vehicles like the stock market. i will be using the buy and hold for the next six years until i can pay cash for my first rental property. i believe in high yielding stocks that will produce both capital gain as well as the dividend. being able to put away almost half of my checks i will obtain $70,000-$80,000 in six years when i will be 30 years old. i am not to interested in the big cars and houses yet because i don't have enough time to enjoy them and or need them. this will also allow me to provide for my family and live the life that i want. i am not about self gratification and believe that if i wait it will be a better life. thank you for reading.
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