Wealth building tips for the rest of us

All articles by Admin

 

8 Wealth Building Tips for The Challenging 2024

As we usher in the year 2024, the global financial landscape continues to evolve rapidly, presenting both opportunities and challenges for wealth building. From economic uncertainties to shifting market dynamics, individuals looking to secure their financial future need to adapt and make informed decisions. In this article, we will discuss some key wealth-building tips to help you navigate the financial challenges of 2024 and beyond. 1. Diversify Your Investments In the ever-changing financial landscape of 2024, diversification is more important than ever. To mitigate risks associated with market volatility, consider spreading your investments across various asset classes. A well-balanced portfolio
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Why You Should Open a Bitcoin ATM in 2019

This year, if you are thinking of an innovative business idea, one thing that you can do is to host a bitcoin ATM. It is a good way to tap the growing cryptocurrency market. If you are not convinced that this can be a promising entrepreneurial venture, keep on reading and we’ll let you know some of the best reasons to open a bitcoin ATM. Demand is Expected to Rise One of the best reasons to get into the bitcoin ATM business is the fact that there is an expected rise in demand. The numbers do not lie. In the
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An Interview With Grant Lawson of InventureX

Grant Lawson is the Lead Crowdfunding Strategies at InventureX, a firm dedicated to helping entrepreneurs raise the funds they need to launch a product or service on crowdfunding platforms such as Kickstarter and IndieGoGo. Mr. Lawson boasts a diverse skill set that ranges from marketing and business strategy to writing and leadership. We recently sat down with Grant Lawson after reading his feature on Rookstool Interviews to discuss some of what has turned InventureX into the success it is today. 1. Tell Us About A Person or Business Organization You Admire. How Has Their Influence Made an Impact on Your
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Hard Money Bankers: 3 Ways a Hard Money Loan Can Help You

Hard Money Bankers, or HMB, is an experienced hard money lender that takes great pride in working with clients to help them get the financing they need in a professional, expedient manner. They are currently doing business in Maryland, Washington D.C., New Jersey, Virginia, and Pennsylvania. Hard money lenders may have negative connotations after several predatory lenders made risky loans in bad faith, but these players have thankfully been eliminated from the marketplace. Today, reputable firms such as Hard Money Bankers help clients finance real estate deals that they could never have pulled off through a traditional bank. If you’re
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iAdvance Now: 3 Ways Capital Can Grow Your Business

This article is brought to you by iAdvance Now, an alternative money lender that has been helping businesses flourish since 2013. iAdvance Now is an industry leader in the merchant cash advance industry, and as such, they understand the challenges facing businesses in need of capital. Their application process is simple and based on the principles of enhancement, speed, ease, and flexibility. Every business needs start-up capital, but businesses also hit a plateau where they need additional funding to expand to the next level. To grow your business, below are three of the best ways to apply capital. 1. Purchase
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Platinum Rapid Funding: How A Merchant Cash Advance Can Take Your Business To The Next Level

Owning a business is a challenge. There are times when cash flow is absent for various reasons, but you must meet payroll and other expenses. Or maybe your business needs funding to expand or upgrade. This is where Platinum Rapid Funding can help. This merchant cash advance company assists small and medium-sized businesses all over the United States. How a Merchant Cash Advance Works A merchant cash advance can often help when traditional funding sources are not available, or you need money quickly. While there may be other funding options, such as a business line of credit or a business
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Diversify your Realty Portfolio by Investing in Office Spaces

We all know that having a diverse investing portfolio is very important. Being diverse protects the investor against drops in a specific sector because hopefully the other sectors in which they have invested in have remained solid. The fact is that you can even diversify within your portfolios for each of those sectors and a great place to do that is with your realty portfolio. The vast majority of people who have invested in property have done so by purchasing a house or a condo to rent out. This is a fine way to generate some extra income while also
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When Money Problems Spin Out of Control for University Students

It’s almost back-to-school time, and for millions of UK students who are going away to university for the first time, the future may seem both exciting and terrifying. University is a major step towards adulthood, and for most young people it is a mixed bag of experiences, with the heady thrill of new freedom all too often tempered by the weight of new responsibilities. Without Mum and Dad hovering over their shoulders, students are left to their own devices more often than not, and sometimes the choices they make don’t serve them well. Those who have not learned to manage
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How I Use Virtual Assistants to Help Manage a Successful Realty Firm

I was talking to a friend in the residential real estate business the other day, and we got to talking about one another’s successes over the past few years. To my surprise, my friend Dave, who’s a great talker and excellent salesperson; who brands himself with business apparel from Jos. A. Bank when meeting with clients; had been averaging less than a hundred-thousand a year in what has been and still is, a strong seller’s market for residential housing here in Wilmington where my business is located. Too much work, not enough help “I just can’t keep up with all
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How to Evaluate a Real Estate Investment Opportunity

All new and existing property investors will agree with the fact that making the right choices is crucial if one wants to ensure a return on their investment. As a result, the question of how to evaluate a real estate investment opportunity is probably the most frequently asked question when it comes to real estate. To which question, there is no straight answer as evaluating real estate accurately can be a tricky task as there is a large number of diverse factors that need to be considered. And while this may be the case with the majority of ventures, there
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A Complete Beginner’s Guide to Hiring the Best Virtual Assistant for your Investment Management

Have you considered hiring a VA to help you in managing your investments? If you haven’t, this article can show you how to hire one. Before we carry on deeper, let me start with a word of warning: Hiring a Virtual Assistant isn’t easy. It requires prep work, a detailed job description, and a professional interview process. You may have to hire a few bad apples before you find the golden-egg-laying-goose that you’re looking for. Follow this to-do list to get the best VA you can: Prep Work First Once you initiate the hiring process, you don’t want to be
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Mining Bitcoins the Easy Way: Cloud Mining

Bitcoins work like cash, but you mine them like gold. So how do you start ‘mining’ them? If you are willing to take the risk (upfront investment, like real mining) and if you do it properly, you can actually successfully mine a few Bitcoins. With a single Bitcoin currently trading at $476.56 as of September 17th, 2014, there are rich dividends to be reaped. We will let you know that there are actually better ways to mine Bitcoins than investing in chunky hardware, especially if you are on a budget. There are also other drawbacks of buying hardware to mine
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Where is Bitcoin Headed in the Next Five Years?

When you talk about Bitcoins, you will find either passionate advocates of the cryptocurrency or skeptical cynics, who denounce it. There are hardly any fence sitters. There is currently a debate going on about the future of the digital currency, about its pros and cons. It is really democratizing the global fiscal structure? One of the topics under discussion is its long term viability, in the light of the recent collapse of the largest Bitcoin trading platform in the world, Mt. Gox and hacking into Bitcoin wallets. Here we will try to give our analyzes of where the currency is
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Are We on The Brink of Financial Collapse?

Think the title of this post is just a catchy bit of link-bait, meant to draw you in so you can listen to some frivolous theories with no factual info to back it up? According to Jim Rickards, we’re fast approaching the biggest, most devastating financial collapse in the history of mankind: Rickards Predicts Financial Collapse: Death of Money Interview His thoughts are insightful – and frightening! He made a lot of great points in the interview: In the last hundred years, the global financial system has collapsed three times (1913, 1939 & 1971). He predicts an instantaneous and globally-collective
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Precious Metals: Are You Being Deceived?

There’s much happening in the precious metals’ industry. On the surface, if you believe the hype spewed by the main stream media, you might be mistakenly led to believe that both gold and silver are very poor investment properties at the moment. There are a couple of realities that a new investor, or experienced “timid/careful” investor needs to consider before believing the current highly-propagandized notion that you’re wasting your money on gold and silver holdings: Gold and silver have been, on average, the most valuable tangibles available since we stopped using grain and livestock as the foundation of our monetary
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Investing in Silver Bullion: Coins or Bars?

Silver investing is on the roll right now, and there seems to be enough articles and news pieces to read about the prospects of investing in silver over gold. Of course, gold IS money; but silver is so undervalued right now (around 60:1 against gold, way below the all-time average of 12:1) that it makes a great investment. To me, the whole idea about silver investing is to buy silver and when the silver-to-gold ratio approaches the all-time average, turn it into gold. When you have made your decision to invest more in silver, the next question is most likely
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Wealth Cycles: When Should I Invest in Precious Metals or Real Estate?

For the newbie investor, where to invest your money is a tough call. There’s more to investing than simply throwing your extra cash into something that looks good. So that means you need to consult an “expert” right? Get someone, like an investment advisor, with all the cold hard facts to tell you what to do with your kids’ college fund. Not always the best choice. Not all “experts” worth being called experts. There are some legitimate experts you need to follow: Robert Kiyosaki, Warren Buffett, and many other authoritative figures in wealth building. Even some people don’t like them
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10 Wealth Building Experts You Need to Follow

You’ll recognize most of them. Some of the others mentioned here will surprise you, until you learn more about them, read their blogs, follow their “Tweets”, and watch your portfolio grow larger by the day because of their advice. 1. Warren Buffett There are tons of copycat Twitter accounts for this man. The world’s 4th richest person (source) has willed his wealth to charity when he dies. His blog is updated VERY frequently, though it wouldn’t be much of a stretch to assume he’s probably too busy to bother himself with even half the material that gets posted. Still, the
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Unstable Bitcoin Values Leaving You Hot Under the Collar? Will Bitcoin be Replaced by a New Cryptocurrency Soon?

The short, yet still wholly undetermined answer to the title question is: No. Bitcoin is still a very young currency – there are bound to be a few bumps along the way. How many countless dollars have been stolen from banks over the years? How many dollars, Yen, Pounds, etc., have been counterfeited? We (humans) find value in some of the strangest things. And where there’s value, there’s speculation related to supply, demand, security, world events, etc., that will cause that value to go way up – then sink way back down – only to shoot for the skies again.
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Why You Need to Invest in Cash Flow Positive Real Estate

Ah, to own that crown prince of a property in the wealthiest part of town. That is the American dream isn’t it? Put up that massive chunk of cash you’ve been saving for the last ten years as a down payment, so you get the best mortgage rates, and dive right in right? That’s not why you’re here though. You want to achieve another part of the American dream. One where you’re financially secure, maybe with a Porsche or Lamborghini parked in the drive, and an Island in the South Pacific that you own outright. You’re an investor looking to
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The Future Global Reserve Currency: US Dollar or Chinese Yuan?

There’s a lot of issues to consider when attempting to determine the current state of the USD, and the entire fiat system that backs it and other currencies. Six years after the collapse of the US banking industry, we’re still printing money like it has no consequence, raising inflation levels into frightening territory just like it was before the last collapse. There are few outcomes that can result from vigorously printing money in order to feed a teetering economy; none of them are good. Is the USD still the dollar of choice? Yes. Can we just keep printing empty money,
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Why Investors Buy More Physical Silver Than Gold?

If you’re in the market for a hot investment, and have some disposable income that you don’t need to have immediate access to right now, then you’re about to get in on a super-huge, massive tip that’ll have stupendously-positive repercussions in the coming years for your financial portfolio! So what’s the deal with silver you’re saying? The silver standard ended in the latter half of the last century. Where’s the demand? Jewelry? There is a demand, just not for the things you’d normally associate silver with… There’s a lot of really good data that makes this commodity more than just
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What is the Most Valuable Fiat Currency in the World Today?

What makes a currency strong isn’t necessarily what makes it popular or valuable, as you’re about to read. In fact, the most popular form of currency, the USD is steeped in debt with nearly 17.5 billion owed by the nation’s government (source). Furthermore, the current capital to assets ratio (Capital Ratio) of the US Federal Reserve is a slowly improving 11.3%. Not the best numbers, but far from the worst either. So mull those numbers over while you read the rest of this. Do you think the USD is still on top? A fiat currency (what is it, anyway?) a.k.a.
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Scammed: Your Money is Not What You Think It is

I’ve watched this extraordinary video and it confirms the doubts I have during my wealth building journey. The video does a great job of explaining the current monetary system and how it translates into nothing more than the biggest scam in the history of mankind. What? Why? How? Let me explain… When money first came into circulation, it had a specific value attached to it. Meaning that whether it was a coin made of wood, rock, silver or gold, or some other physical item, it represented something of value. In fact, anything that has an agreed upon value can be
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Your House is Not an Asset – Seriously!

You heard that right, and hopefully this isn’t a shock to anyone who happened upon this article while browsing the Inter-webs looking for ways to use their most precious “liability” for collateral in an upcoming investment of some sort. Robert Kiyosaki taught America about this several years ago when he released “Rich Dad, Poor Dad“. I’m going to keep this little life-lesson short and sweet. No fluffy stuff or complex equations to work with. When it comes right down to it, an asset is something that makes you money. See Richdad.com Here’s a quick question for you (yes or no):
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Investing 101: Gold and Silver Scams to Avoid

We’ve all heard about the long-term asset building potential of gold. Silver is unpredictable and very tempestuous in the short-term, but in the end it will always retain its value; particularly with its endless uses in industry and all the modern technology that runs on electricity. So, either of these precious metals is a sure-fire investment, right? Yes and no… If you’re working with the right advisors and not getting pulled into one of the many “if it looks to good to be true, it probably is” opportunities that proliferate like rabbits day by day. Due-diligence is key and it’s
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