Archive for December 17th, 2009

There are three key components to becoming a successful real estate investor. Surprisingly, they are not money, luck or talent, despite what many believe. Veteran investors, who have a long-term, successful track record, focus on these three things:

1. Systems
2. Relationships
3. Follow-through

Here’s how the system works:

1. Systems: The foundation on which you’ll build your wealth. Follow a proven system and stick to it. It must be a system that has been proven to work in your geographic area and focuses on the type of property in which you want to invest. Once you have a system that works, don’t mess with it; let it work for you. Continue reading ‘The Three Essential Components to Real Estate Investing’ »

If you are involved in the PTA at your school, you may have come across the sad reality that funding is not what it used to be for most schools. This means that being a part of the school PTA will probably involve you having to organize a PTA fundraising effort at some point. If you want to make sure that your school has everything it needs financially, setting up some school fundraisers can really help the school out with its goals.

When you start your PTA fundraising effort, you’ll want to gather everyone for a meeting to discuss the details. Figure out exactly how much money is needed, and what exactly the money will be going for. If you can figure out exactly how much effort you’ll have to make with your school fundraising, that can help make things easier. Continue reading ‘Organizing Your School PTA Fundraising Effort’ »

Any successful investor will tell you that the key to success when it comes to investing is to diversify your portfolio. Mutual funds are an excellent investment vehicle as they allow you to diversify your investments while reducing risk. Here are the top 4 advantages and why you should invest.

1. Diversification – Mutual funds typically consist of investments from stocks, bonds, treasury notes and other securities depending on which fund you choose. This means that your investment into a particular fund will be diversified giving you holdings in multiple companies.

2. Ability to invest in securities that may otherwise be unavailable – Because of the huge investment pool that makes up most funds, they are able to invest into securities that may otherwise be unavailable to you such as stocks that require a minimum purchase. Continue reading ‘Mutual Funds Advantages – Top 4 Reasons Why Mutual Funds Are Essential to Your Success’ »

What’s involved in your 401K rollover when it happens? For the most part, a 401K rollover occurs at the time of retirement or when you change jobs. At that time you may choose to transfer (rollover) your 401K into an IRA. When you partake in this process of transferring your 401K funds from a previous employer into an IRA, then it’s called a ‘401K rollover’.

You can accomplish this by way of a ‘trustee to trustee’ transfer. This moves your 401K from where it is now directly into an IRA. These types of direct rollovers are totally tax-free and you’re not held to any tax liabilities. You also have no limit on the amount of cash you can rollover. It’s very important that you choose wisely when making this move from a former employer with your money, as this usually involves quite a substantial amount for most people. Continue reading ‘What’s Involved in a 401k Rollover’ »