Investing for Beginners: How to Start Investing | investing

When most people have extra money, they tend to purchase things that they don’t really need. While the items they’re buying may be useful, that extra hundred they just dropped on the latest in tech gadgets could be put to better use by investing.Many people don’t even consider investing because they think they need thousands of dollars to get started. Not true. In fact, you can get started with as little as $25 a month. Any little bit helps and the earlier you get started, the better.Having a Safety NetInvesting is a risk, even when investing conservatively. It’s not always a huge risk, but any risk is something to consider. For this reason, you should have an emergency fund.Most experts will recommend that you have at least six months of income in the bank or in low-risk accounts such as CDs (certificates of deposit) and money-market accounts.Savings accounts grow interest slowly. The interest grows so slow, that outside of the benefit of keeping your money in a safe place, the account isn’t doing anything else for you. A CD on the other hand, will grow interest much faster, but the downside is that you can’t withdrawal your money without penalty fees, unless you’re past the maturity date.Money market accounts are more similar to the traditional savings account, but they provide higher interest. There are only a few limitations. In most cases, you will need to maintain a higher minimum balance in the account. You are also limited to the amount of checks you can write or withdrawals you make per month.It doesn’t really matter whether you choose a CD, a money market account or a regular savings account, as long as you have money to fall back on. With your safety net in place, you should start investing with money that you can spare.Creating an Investment StrategyWith investing, it’s important to set goals for where you want to be later in life. If you know where you want to be in 10 years, you can create a plan designed to get you there. Without a plan in place, you’re not likely to get there.What is that you want your money to do for you in the coming years? Do you want to get married and buy a house in five years? If you have kids, perhaps you want start saving for their college tuition? Use these big time periods in your life to create a plan for investing.You certainly want to plan ahead for retirement. When do you plan to retire and do you want to retire early? Where do you want to live when you retire?Consider all of the details, such as the cost of living where you want to live after retiring. If you want to retire early, you might have to start investing 20% or more of every paycheck, if you want to have enough money to live on for the next 30 or more years. If you’re fine with working part-time in your retirement years, you can invest much less.Types of InvestmentsOnce you have your goals in place, it’s time to start thinking about how you want to invest your money. The three most common options are stocks, bonds and mutual funds.Mutual funds are great for beginners. Without a lot of money, it’s difficult to invest in a diverse group of investments. A mutual fund makes it possible, by pooling the money of thousands of investors and using it to buy a portfolio of stocks, bonds and other securities. Professional fund managers run mutual funds.Bonds are another option, and are one of the safest ways to invest, but also have one of the lowest interest rates. With bonds, you are basically loaning money at a fixed interest rate. A treasury bond is a loan to the U.S. government, a municipal bond is a loan to the local government, and a corporate bond is a loan to a business.Purchasing stocks means to buy partial ownership in a company. When you buy a share, you are entitled to a percentage of the company’s annual profits. Because of the constantly changing prices of shares, stock market investing can be considered aggressive. The general idea is to buy low and sell high, but it’s hard to predict something like that. For long-term investing, it’s safer to invest in companies that you’re sure will grow or companies that are already successful.There are other types of investment options other than the three mentioned, but mutual funds, bonds and stocks are the most common.InvestingFinally, it’s time to invest. You’ll need either an individually licensed agent or a brokerage firm to help you buy and sell bonds, stocks and mutual funds. At the most basic level, they can simply help you make the trades, but many professionals will also offer advice and portfolio management.Brokers earn money from investors by charging commission and collecting fees. Discount brokers might charge as little as $15 or less per trade, but they will only execute the trade and nothing else.A full service broker is often a professional financial planner or money manager, who will work with you to develop a strategy and maintain your portfolio. Full service brokers will charge anywhere from $100 to $200 per trade.Always research the broker or brokerage firm before deciding to hire. Some have been accused of encouraging clients to make unnecessary trades in order to make more commissions. It’s not often, but it has been known happen.

Real Estate Tips For Beginning Investors | Real estate

REAL ESTATE Investors behavior modification leads to a massive 800% increase in rate on investment!! The majority of residential real estate investors invest with their hearts instead of looking at their investment as a business, a business that needs to provide cash flow to cover the operation, these investors are content with a return often in the 2% range or even worse in negative territory. When asked the investor will say that they are looking for capital gain and tax benefits so are comfortable with an investment that is showing a negative return.This form of investment strategy is endemic in residential real estate investment, and investors are conditioned to believe that this is good. To maximize your profit take note of and avoid the following pitfalls this will require a major adjustment to your thinking and investment behavior.Behavior pitfalls to modify:1.Do not fall in love with your investment property: Many property investors make an unnecessary mistake when they start their career in property investment.They look at their investment property in the same manner and with the same feelings as they do when purchasing their own home to live in and this is a critical mistake as emotion rather than business acumen takes control,and the principles of investment fly out of the window. Investing should encompass the principles of a sound investment and investors should look at the investment as a vehicle that will deliver the results that they are seeking seamlessly. Let me explain again, when purchasing an investment property it should be all about the numbers and nothing about the emotions, look for the properties financial statement. Certainly let emotions dictate the purchase of the home you intend to live in where, you would ask yourself emotion charged questions such as I “like” the house, will I “enjoy” living in this neighborhood, and numbers will if at all figure last, liking and enjoying are all emotionally charged issues.2. Change your behavior and start becoming a successful investor by evaluating the property investment by it’s numbers it’s financial statement. Start asking your self questions like “Can I purchase this property at a discount,or at a whole sale price”, “Is there enough room for a healthy spread if I use this property as a cash flow tool”,” How much of a spread can I get over and above the cost of money to purchase this investment”. TIP: Keep emotions out and the numbers in, you will be glad you did.3. Do not be Greedy: A major pitfall especially for quick cash investors, is the danger of becoming greedy, very greedy.They get a great wholesale deal on their property investment and then try and flick it for well above retail, instead of at or slightly below retail.This stymies the sale and the hapless greedy investor has to hold on to the property for a greater length of time and invariably will end up taking less than they could have, if they had sold at or just below retail.Greed costs you more than the gain so quit being greedy. Listen being greedy especially on quick cash deals will come back to bite you.4. Remember the beauty of quick cash is the quick part. Price your quick deals to move quickly, you will end up making more money than if you were being greedy.5. Why are some investors susceptible to being greedy? It’s because they subconsciously fear that this deal will be their last. I call this the scarcity mindset. Don’t fall prey to that. There are plenty of deals out there and this one deal will definitely not be your last, unless of course you want it to be. Start cultivating an abundance mindset, instead of a scarcity mindset move forward by pricing your deals to make you money and sell quickly.6. Thinking you know it all: No one likes a know it all…. do you? This is an awful pitfall that many investors fall into and is particularly prevalent when it comes to investing in real estate,and gets worse after you have been investing for a while. They believe that they know all there is to know about real estate investing.7. Listen, the market is always changing just because something worked yesterday does not in itself mean that it will work as well today, not only is the market changing but so are the rules and the laws governing real estate.8. Real Estate is always in a state of flux.There is always something new to learn in the realm of active real estate investment for profit. Perhaps the learning curve has diminished for those that have learned the basics of real estate investing, maybe there is not as much to learn, rest assured you will never stop learning and there will always be surprises in store for the know it all.9. Instant Gratification: Remember there is no free lunch and definitely no easy way to wealth.It takes time,effort and hard work, sorry you can’t sit on your butt and wish or expect someone else to make you wealthy, it is just not going to happen. Unfortunately far to many people from all walks of life and sadly those that should know better,all want the “instant fix”, the “silver bullet”, “The secret”, to making millions. They all have one thing in common they crave for the “secret” and even if there was a secret, they would want some one else to do it for them.10. Sorry to disappoint there are no secrets, just common sense, effort and following the principles of sound investing,now this is where the vast majority fail they do not follow the principles of sound investment and if they did start following these principles, after a few successess they look at taking short cuts which invariably cause them hardship, you often hear these people wail why me… If you seriously want to be financially free and wealthy treat your investment as a business and ensure it creates cash flow.11. These four major psychological pit falls plague potentially successful investors, to overcome them you need to modify your behavior starting with the way you think.Not convinced? Want to know some secrets that the wealthy use constantly?Secrets revealed below…..1. Harness your positive thoughts and make them a reality. What you think so it shall be
2. Prepare to go beyond your present circumstances.
3. Nurture the ability to believe in your self
4. Set and achieve goals
5. Learn how to have a go
6. Take responsibility for all your actions, stop blaming others when things fail or do not happen as planned
7. The willingness to do what it takes
8. Buy property as a business and not tolerate loss
9. Buy property correctly and never pay to much
10. An aversion to debt, borrow only what can be comfortably repaid and still make a profit
11. Run your investments like successful businesses
12. Speak to and follow successful people
13. Have a positive mental attitude.
14. Take responsibility for your actions, if it going to be it is up to me.As you can see there is not much that separates the wealthy from the poor, no it is not the amount of money. I could give a poor person a million dollars and by months end they would be poor again, because they have not developed the fourteen points above. Being wealthy is all about you, your thoughts, your beliefs, your attitudes towards wealth, riches money and your self. Your mind is the secret to you being wealthy or poor.

Education Grants for Single Mothers to Return to School | Education

Juggling with education and a baby to take care can be very stressful for single mothers, especially the low-income earners. Seeking to return to school can be a pricey affair along with managing child care, tuition and living expenses. So, most moms drop the idea of pursuing education. The government recognizes your tough situation and has thus, initiated many education grants for single mothers to return to school to help attain higher degrees for a thriving job that liberates you from the clutches of huge debts and shallow living standards.Grab this free money or the education grants for the transition phase that awards you independence for a secured and self-supportive livelihood.Federal Educational Grants for Single MothersFederal Pell Grant: The U.S. government has provision for low-income single mothers desiring to go back to school. The education grant is offered through the Federal Pell Grant, America’s major student aid program that awards a maximum amount of $5,730 to financially deprived students to continue their education. The eligibility of the applicant however, depends on the income level of the individual, the cost of attendance at school, and the amount of time spent in attending school.In 2014 the U.S Dept of Education through the Federal Pell Grant gave away $30.0 to almost 9 million students. One more good news! President Obama has increased the amount of this grant from $4050 to $5100. So, just select your desired school, college or university, fill the deferral Free Application for Federal Student Aid (FAFSA) form and submit it within the deadline which is June 30 for every year.’Moms Return to School’ Government Grant Scholarship Program (MRSGGS): an extension of the Pell grant, this grant program offers excellent educational opportunity for home based moms wanting to study online.Tax Benefits: single mothers attending school or college can now avail tax benefits through the American Opportunity Tax Credit program that gives off the first education amount $4000 totally free.State Based Grants for School Going Single MothersMany state agencies offer educational grants to single mothers to pursue their dream for higher degrees and learning. Few state-specific grants for you are:Federal Supplemental Education Opportunity Grants (FSEOG): just like the Pell Grants, the FSEOG also offers need-based grants to students with low income, boosting them for higher education. Financially constrained people, especially single parents are more likely to receive the grants.California Grant Program: single mothers can avail as much as $12,000 every year through the CalGrant program. Your financial requirements and grade point average are evaluated before granting the funds.Arkansas Single Parent Scholarship Fund: this program provides scholarship funds to single parents residing in Arkansas. Initiated in 1990, the program was created in response to acute poverty of Arkansas single parents. Though not a grant, single mothers can avail its benefits to attain higher degrees through post-secondary education.Private Grants for Single Mothers to Go Back to SchoolAlongside the federal and state grants, many private organizations too offer grants to economically weak single mothers for educational purpose. Recognizing the challenging situation, these associations boost moms to pursue their education for a flourishing occupation. Some private agencies to name are:• Patsy Takemoto Mink Education Foundation for Low-Income Women and Children• Talbot Scholarship Foundation• The Jeanette Rankin Foundation Scholarship ProgramWith a plethora of grants and funding programs at your disposal, you can now accomplish your dreams of higher education and degrees for a prosperous job. Seek monetary help from your government, state, city or even women oriented associations, organizations, nonprofit agencies or private corporations and get going to school again. Attain your financial security for an improved living through your preferred education grants for single mothers.