Money in Real Estate

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Is it really possible to make money in Real Estate? The answer is a big "YES"! In Philippines alone it is very clear mostly agricultural land before are converted to a residential area. Example, in Negros Occidental Province from Barangay Bata, Bacolod City heading north you can see the previous sugarcane plantation are now converted to a huge subdivision. There are real estate properties foreclosed by banks. There are Home owners who are motivated to sell their house in many reasons. The big question for us as OFW is how to make this opportunity to turn into profit in order for us to earn passive income and to maintain positive cash flow.
Let me remind you our life as OFW. The moment we left our family can you imagine the feeling seeing them in tears to be left behind having a one year or two year contract? Whew! You are lucky if you are in a harmonious working environment and with constant communication with your loved ones. Communication is vital to our relationship, right? The moment we received our hard earned money we are very pleased to send extra allotments to our family to provide them good living, education, appliances, balikbayan box, etc. etc.
What if all OFW have a mindset of a businessman and an investor instead, of buying new model i-phone, new model Nokia cellphones, Mac apple computers and many more you name it summing up can be a down payment for a house and lot to be rented or to be sell. Sure! there will be no more OFW to work far from home and love ones. You see friends it is just a matter of Desire, Faith, Imagination, Planning and Action.
One thing more, how many OFW have the initiative to give their children while young their savings account? There are banks in Philippines example is Banco De Oro they have Junior saver as low as Php500.00 you can open account to your child. So that when they become matured or shall I say when they turned 18 years old they have amount to be used as start for their adult life whether to use start a business or for their education.
I'm sharing this because for me it is beneficial. There are seminars about financial management but it cost too much for us. But here, let us share and help one another. Although, I am not financial expert but I read it in a book and I observed it from the successful people. Well friends, so much for now. Until next post. I'm happy if you leave your comments. Friends, let's make money in Real Estate.

Rich Dad a Seafarer

To my fellow Seafarers may you all in God's protection and care. Do you know the author of the bestseller book "Rich Dad Poor Dad" is also our brother in profession? Yes, Mr. Robert Kiyosaki is a graduate in United States Merchant Marine Academy. If you read his book entitled "Rich Dad's Prophecy" he explained how he invest in Real Estate just he is loading a cargo in a cargo hold of the vessel. Wow! he is the man.
But he don't spend much time working on board the vessel and far from home. He is a Real Estate investor, a successful one and ohhh! a multi-millionaire. I knew also successful Seafarers in our good country Philippines who are in their peak of their profession, but they are not successful working on board. Maybe not all but most I knew they are successful in their investment and business ashore. Their secret......? FINANCIAL LITERACY.

Also, I encourage you to play in "Cashflow 101" it's a good game and same time you can gain knowledge financially. How to invest in Real Estate not using your real money. You can experience how to be bankrupt, how to be downsized, how to increase your cashflow, your cash on hand and it depends how you handle the situation when you have a child, education, expenses, doodads, and how you handle using your credit card. How to have a small deal and big deal when good opportunity arise. How to increase your asset and reduce your liability. I tell you from the rat race it will show you how to go in a fast track. Let us dream not to stay in a left quadrant as Employee or Self employed. Let us dream to be in right quadrant as Businessman or Investor. Let us all dream BIG. Ready, Aim, Fire. Until next time let us all live abundantly with God's grace.

Tips for Effective Saving / Percentage

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Hello to my fellow Seafarer and OFW! Good morning, good afternoon, good evening. Hope everyday start with very good morning. Here, I want to share to you hoping all of us can benefit to save effectively our hard earned money. In every income group there will always be savers and spenders. It's up to you to choose whether you want to spend first and save last (if there's anything left) or follow the right formula for saving your money effectively.

INCOME - SAVINGS = EXPENSE

Meaning that you "pay yourself first". Once you get your salary set aside the portion as your savings and use whatever is left to cover your needs.

To continue, I want to share also how many percent do we need to spend for our needs, for tithing and for savings?

70% of our salary - For our needs, foods, monthly bills, education, clothing., etc. etc.
20% - For our savings, Investments
10% - Tithing

You may ask me about tithing. You see from our salary we give only 10% in return for our God who gave us everything. He gave us life, nice job, good health, happy family, friends, the air we breath but the 10% is only a minimum if you like to received more blessing then give more to our God. Because, they say when we do this, just like we open the flood gates of universal blessings. Remember! it is better to give than to receive.

For our savings 20% of our salary, this is what they call "paying for your future first". The author of this book advise if you have knowledge about investing in Mutual funds, Stock market, or any vehicle to give high yield of your savings/income it is better to start early, regularly and in long term or any vehicle that suit your tolerability on what they call "risk".

And we live to our remaining 70% of our salary. Let us remember "Education is never ending process". "Low financial IQ and ignorance can also drive you into heavy debts" -Alvin Tabanag, author of "12 Steps to Build Wealth On Any Income". Hope we all learn about financial freedom to live our life not in a rat race but in a fast track. Let's all live abundantly with God's grace.

Life Long Investing For Your Future

Life Long Investing For Your Future By Theodore Stafford Theodore Stafford Level: Basic PLUS Theodore Stafford is the founder of Peace of Mind Universal who has kept a low profile for the past several years as he and his ...

When it comes to investing, many first time investors want to jump right in with both feet. All too often, we see these same people start out investing with dreams of getting rich overnight. Sure this is possible, but it is also rare, as very few of these investors are successful. So as you can see this mindset is usually a very bad idea to start out with.

Now if you truly want to set up investing for the long haul for some later life events, such as funding a college education, purchasing a home, or retirement, you got a couple of options to chose from. However before you look at that, please consider the following.The problem is it seems like many people are not getting to the core reason behind investing.The core reason in investing is to make money with the lest amount of work possible. So for most people this seems like easy money or passive income. Guess what, it isn't that easy or passive. It takes work and time. So please keep this in mind while considering how you want to invest for life.

So before you start, lets look at how it all works. To begin, please understand that there many different methods of investing. Now keep in mind, you do not need to invest in high-risk stocks and risk all your hard earned money, if you don't want to. You can just as easily invest your money in ways that are very safe, and which will show a decent return over a long time period.

One such method would be with bonds. Bond certificates are similar to Certificates of Deposit. But instead of being made out by banks, bonds are issued by the Government. Now there are various types of bonds that you can purchase, so depending on the type of bond certificates that you buy, your initial investment could double or more over a specific time period. So if you aren't quite ready to take the risks involved with mutual funds or stocks, at the very least you could invest in bond certificates that are guaranteed by the Government.

Next we have Mutual funds. Mutual funds are a bit riskier than bond certificates, but for the most part are still relatively safe. Mutual funds Basically exist whenever a group of investors arrange their money collectively to purchase stocks, bonds, or other investments. This can sort of off set the risk of investing by yourself.

Finally we have Stocks. Stocks, of course, are even riskier than Mutual funds. However stocks are a different vehicle for long term investments that allow for risk. Basically shares of stocks are shares of ownership in the company you are investing in. So when the company does well financially, the value of your stock climbs. On the other hand, if a company is doing badly, your stock value drops. So when purchasing stocks be sure you pick out stocks that are well proved.

So what to do to begin investing. First off realize that investing requires more than just jumping on the phone and calling a broker and telling them that you want to buy stocks or bonds right now. So before you invest a single penny, really think of what you hope to achieve with your investment.

Seriously before you jump right in, it is always best to ask some questions like the following:

How can I find out more about investing and how it all works?

What are my goals for investing?

What do I hope to achieve with my investments?

Funding a college education?

Purchasing a home?

Retiring?

Knowing what your goal is, will help you make smarter investment decisions along the way. It takes a certain amount of research and knowledge about the market if you hope to invest successfully. Don't short yourself. Go ahead and set up the investment plan you want and feel will fit in with your lifestyle. Then you should go and see a financial planner before making any investments. This way your financial planner can help you determine what type of investing you must do to reach the financial goals that you have set. Investing in anything requires some degree of skill. It is important to remember that few investments are a sure thing. As there is always the risk of losing your money! The crucial point is to do your research before investing your money for long term gain.

The best investment of them all. The best investment that you will make will be investing in your own business. Also the best type of business even in this recession is an online business. Now does this mean you shouldn't invest? No, not at all. See the point is a lot of people are missing the options available in investing in your own business as opposed to the more traditional forms of investing. So if you finally and truly want to take control of your life and make an impact then consider starting you Internet Marketing Business. However keep in mind that just like traditional investments you still need to do your research and make sure you can make it work.

The reasons for this are many, here are just a few.

* You will usually have a low or no cost to getting started.

* This can be used to help leverage your income

* In most cases you have control over how your money is spent.

* You get to choose the direction the company is going.

* You can even change markets if you wish to.

* You can even give yourself a raise every year if you wish.

* You can also add to you product line as well.

So in addition to considering "more traditional forms of investing, you may find online businesses an investment beyond your wildest dreams.

So would you like to start investing in the best life long investment? Then let me ask you a question.

Are you truly interested in making money... Then why not discover the secrets of building your own autopilot business that can earn you $1,000s a month in a matter of weeks. Kill your day job. Start living the life you want. Enjoy your freedom. Stop dreaming and take action now. Go ahead and CLICK HERE to sign up for free instant access to our e book "How To Generate Extra Monthly Cash" and our 26 minute Simple Cash Blog introduction video. I am sure you will want to join us in The Simple Cash Blog after you read our free e book and view our video. Once you join, you'll get instant access and you can start reading all of our *secrets* in less than 3 minutes. TAKE ACTION RIGHT NOW and change your life right now. Article Source: http://EzineArticles.com/?expert=Theodore_Stafford

My first 1 Million

How I got My first 1 Million with me. I was waiting for my next flight bound to Gibraltar at the London Heathrow Airport to join my assigned vessel. After tired of reading books from the bestseller author Bo Sanchez I roam around to rest my weary eyes. I went to duty free shops, everywhere to food chains, electronics department, souvenir shops and of course, the perfumery center. There, I see displayed, glittering, focus by the spotlight. I said, yes! I found my 1 Million. Well, what are you thinking of? It is not money but it's 1 Million scent and a product of Paco Rabanne. Yes, I found my 1 Million inside London Heathrow Airport. My first 1 Million is not money but a Paco Rabanne perfume. Six month is passed it is time to get my next 1 Million.

My Travel Experience to Gibraltar

My travel experience to a beautiful country of Gibraltar. I left Manila last 15 November 2009 on my flight with Cathay Pacific flight CX 900 to Hongkong. I arrived Hongkong on the same day around 1440h LT. I stayed at Hongkong Airport for nine ( 9 ) hours waiting for my next flight with Cathay Pacific flight CX 251 bound to London Heathrow airport. At around 2355h LT, we left Hongkong airport. The flight is smooth and I'm enjoying eating foods and the good beverages they offered and most enjoyable the various in flight movies and good music. I thanked God he gave us a fine weather.

On the 16th November 2009 we arrived supposedly at 0500h LT. But due to heavy traffic the flight delayed for 30 minutes to land on London Heathrow airport. At last the plane landed on London Heathrow airport safely. Well, I wait again for ten (10) hrs for my next flight bound to my last destination port of Gibraltar it is quiet exhausting for long hours of waiting. Travelling alone was fine. Anyway, I have books with me entitled "Simplify and Create Abundance" and "How To Live A Life of Miracles" by the bestselling author Bo Sanchez. After waiting for 10 long hours at London Heathrow Airport, the British Airways announced the flight of British Airways flight BA 490 to Gibraltar is cancelled due to bad weather. Well, yeah what else to happen. I thanked British Airways they offered us a good place to stay and nice food in "Renaissance London Heathrow Hotel". Wow! I'm such a lucky guy to stay for 1 night in one of huge hotel in London the "Renaissance London Heathrow Hotel". On the 17th of November 2009 I check out in "Renaissance London Heathrow Hotel" and back to London Heathrow Airport. Luckily, I'm on board British Airways flight BA 490. Unfortunately, guess what? When I arrived In Gibraltar airport to claim my baggage I don't see any them. I don't mind it, my agent pick me up and bring to my Vessel assignment without my baggage and at last, for 1 week I received it and without any damage and missing stuff. Can you imagine for 1 week I don't have a working clothes? That's another story. Another thing is, how about the other passengers who are not assigned to work here in Gibraltar, can they claim their missing baggage? Because, I have companion a Seafarer's also and they assigned to ocean going vessel we've meet at the London Heathrow Airport. Well, I hope they can claim their baggage. Six ( 6 ) months is passed and my contract was terminated and I'm waiting for my reliever. But due to British Airways cabin crew dispute and the flights are cancelled I'm hoping for the best to go home to my native country the Philippines.