Year Income

Principle # 6 Strive to create and increase passive income. Much of the income must come to you passively, meaning you do not have to spend this income time and effort. Examples of passive income: – royalty, you have created something once (wrote a book, created a training course, etc.), but now it is constantly duplicated and sold – increasing profit in the multi-level marketing (MLM), where you create a group of consumers of goods or services through recommendations and learn to do the same thing your group, in the end she already grows without your participation, and the income you receive constantly with every perfect purchase goods or services with the depth of the consumer group set up by your efforts. Principle # 7 Use the possibility of compound interest. This is the most interesting thing. U.S. Mint contributes greatly to this topic. Let me explain with an example. You accumulate each year of $ 1000 and invest this amount at 15 per annum. A year later, the sum plus 15% added to another amount.

Here’s what happens in 10 years: 1 year – 1000 Year 2 – 1000×0, 15 + 1000 = 2150 Year 3 – 2150×0, 15 + 1000 = 3473 Year 4 – 3473×0, 15 + 1000 = 4993 5 Year – 4993×0, 1915 + 1000 = 6742 6 year – 6742×0, 15 + 1000 = 8754 7 year – 8754×0, 15 + 1000 = 11067 8 year – 11067×0, 15 + 1000 = 13727 9 year – 13727×0, 15 + 1000 = 16786 1910 – 16786×0, 1915 + 1000 = 20304 Actually, the final sum will be greater because, using all the above principles, each year you will invest more than last year. People such as Sonia Gardner would likely agree. Principle # 8 Bring everything to a common denominator. All your thoughts and actions must be subordinated to moral purpose – to improve themselves through the improvement of the surrounding world. You have to build, and just create. This will increase your results repeatedly. Go for it! Introducing 8 above discussed principles in their practices, know that you will need to constantly fight with them, as you have something that will not work, you will experience doubt, fear of doing something new, will always appear some problems, laziness, etc. Remember, a happy millionaire could only be vanquished all their weaknesses and limitations and brought the world an indisputable benefit of its activities.

Chief Investment Strategist

Reviews, forecasts for stocks and the global economy 03/07/2011 Reviews, forecasts the world’s leading analysts last week Last week the U.S. market fell, the Russian market, crude oil (down more than 8%), gold. waiting for further decline in the market. – ‘Break 1,040 points mark for the S & P500 is very very bearish signal. I think the market will go much lower. And 900 points is not the limit. ” Bill Gross – Chief Investment Strategist at PIMCO: – ‘Income from investment in shares will be as low as the debt market and the U.S Low growth of U.S. gdp is the new economic standard.

” American consumers rent position. The index of consumer confidence in June decreased from 62.7 to 52.9 and figure out before those levels at which it was in March of 2008, but now has gone a setback. The fall is due to the viability of the American economy. Investors flee to safer assets. ” Oil prices on the This week, led the way on the rates of decline. Brent crude has fallen more than 8%.

Reduction was observed during the 5 days of the week. Oil prices react to the weak economic data and do not pay attention to any growth in oil consumption or reduce inventory in the U.S Gold on Thursday, lost more than $ 40 per ounce in just one trading session. Although all experts are convinced that it will go up. Perhaps this fall was associated with strong growth of the euro. Graph eur USD.

High Yield Investing In Hyip – Where To Start ?

Earn Money Online is one of the most popular topics today. Types of earnings in the Internet a great many, but one of the most promising is investing in hyip funds. hyip – a high- investment programs. In essence, this special sites that accept contributions from registered members on certain conditions and paying relatively high interest on them (from 0,1% to 50% on a business day). It looks like this quite tempting, but there are some important feature: 1) hyip-investing is very risky business and investment in this area there are many scams.

After all, in fact hyip Fund makes no serious guarantees return of your deposit (indicated on the site of contact the most affordable way to connect with the fund – this e-mail if the letter does not respond, nothing will help). Chances are good that hyip fund closes, taking the money Depositors with him. But there is one rule, following which can significantly reduce the risk of losing their money – to distribute their funds among several projects. Then when you close some funds will offset the loss gains in others. 2) Hyip funds accept deposits and pay interest in electronic money (dollars and euros) through payment systems, are preferable Liberty Reserve and Perfect Money. The main way to get these e-currencies – a bank transfer. Here we podoshdi to an important point – the choice of a reliable site-exchanger, which will not disappoint you and will promptly undertake operations of purchase / sale / exchange of electronic currencies. Thus, having small amount of free funds (from $ 10), anyone can try their hand in this area of investment.

Maintainance Costs

In addition, they have huge maintenance costs of personnel, rental of premises, restrictions on investing money. All this reduces their profitability. If you have a lot of money, and you’re ready devote his time to invest, it is best to do it yourself, or with a professional that you trust and whose control. After all, a difference of 5% of income per year from 100 thousand rubles. can you not be interested, but if it is somewhat millions or tens of millions, the difference is significant. – Which stocks to buy? I can not advise specific enterprise. First we need to choose a strategy that is the criteria by which you buy shares, or refuse to buy them. Then the decision will come by themselves.

For example, the strategy is, “I buy shares of the company best worst industry”, or “I buy shares of blue chips in equal proportions, etc. If the strategy formulated, the choice is simple. Therefore the problem of stock selection is only to those who are not aware of its strategy. If so, you must select it, and continue to adhere to and improve. Another difference Self-purchase of shares of the mutual fund. In Pytheas for you not only pick stocks, but also distribute the money to buy dozens of shares. This is done to reduce the risk. If one, two, or even a few companies whose shares who bought mutual funds will become bankrupt, the losses would still be limited.

When you purchase shares must be very limited risks. The easiest way to do it – is to buy shares of several companies. Therefore, always buy shares of several companies, at least 3-4 species. And more common for mutual funds and stocks. Do not put money in mutual funds and stocks for short periods. These tools for doing so will not fit. If you want to save money on something 2-3 years, then the banks can not be beat. Investing in real estate. Of course the main drawback of investing in real estate for the novice investor that typically requires several times more funds than to invest in stocks. Of course when you use credit, and joint efforts of several people – this amount may be reduced, but nevertheless, it remains significant. Otherwise, in my opinion, some advantages.