You've paid off your mortgage loan. Now what? It's OK to celebrate when you send off that final check to your mortgage lender. But paying off your mortgage loan doesn't end your financial duties as a homeowner. You'll still have to pay taxes and homeowners insurance. You'll need to make sure that your county knows that you are now the official owner, and, perhaps most important of all, you'll have to figure out what to do with those dollars that you'll no longer be spending on your mortgage each month. Here are eight things you need to do after sending that final mortgage payment: No.1: Satisfaction of mortgage You should receive a "satisfaction of mortgage" statement from your lender after you make your last payment, says Jack Guttentag, professor emeritus at the Wharton School of the University of Pennsylvania and owner of TheMortgageProfessor.com. Your lender should also send a copy of your mortgage note. No. 2: File papers No. 3: If paying off early...
You might elect to pay off your mortgage loan early. No. 4: Automatic deductions. What Makes for a Great Business. This simple idea won't make you a better investor overnight... But understanding it will give you an advantage most investors will never know. It will put you in the company of legendary investors like Warren Buffett, John Templeton, Marty Whitman, Seth Klarman, and Joel Greenblatt... who have made billions of dollars by relying on it.
Any investor who hopes to safely make a fortune in stocks cannot afford to ignore this idea. It's a favorite of Dan Ferris, editor of Extreme Value. Here's what he had to say... Stansberry & Associates: Legendary investor Warren Buffett has often said his ideal investment is a wonderful business trading at a fair price. While many investors are familiar with P/E ratios, price-to-book values, and other measures of value, we hear relatively little about what actually makes a great business. Dan Ferris: Well, great businesses can be defined a number of ways, but most of them share a few common traits. S&A: A durable competitive advantage. The Longer the Base the Higher in Space | Rich Dad Stock Blog. In The Four Horseman we discussed the interplay between the four groups of market participants and how better understanding their behavior can improve one’s ability to forecast the path of least resistance for stock prices.
At the conclusion of the post I ever so briefly touched on a popular high probability chart pattern – the breakout. Today let’s add some color to your understanding of this particular setup. As the name implies a breakout occurs when a stock breaches or breaks above a previously impenetrable resistance level. It represents a turning of the tides of sorts occurring when demand finally musters up enough mojo to absorb all of the overhead supply sitting atop the stock. And yet, not all breakouts are created equal. The name of today’s post references a popular technical analysis phrase regarding the duration of a basing pattern and the magnitude of the subsequent price move following a successful breakout.
Tyler Craig, CMTRich Dad Education Elite Training Instructor. Catching Excellence in Your Trading | Rich Dad Stock Blog. “Perfection is not attainable, but if we chase perfection we can catch excellence.” ~Vince Lombardi Chasing perfection is something that many traders have a great deal of experience with. It has long been the fascination of some traders to find the Holy Grail of trading: the perfect indicator or trading system that has a 100% success rate. For some traders this becomes an obsession; they put a tremendous amount of time and effort into this quest for perfection. There are many traders who criticize or mock this type of trader for being obsessive and detached from reality. After all, any trader that has been around the block a time or two knows trading is not about perfection, it is about probability.
The markets are moved in large part due to human emotions such as greed and fear. Here are two widely accepted facts among traders to help illustrate how a Holy Grail trader can catch excellence: While the 100% prediction rate is never found, something interesting can happen along the way. Save Time With Effective Phone Screening | Rich Dad Education - Real Estate Blog.
Real Estate Marketing: Phone Screening In sales, there is an expression that a salesperson should not “pit polish.” This expression means that they shouldn’t spend their time trying to turn a pit (someone that is not interested or qualified) into a piece of fruit. Obviously, this is a waste of time and not the best way to get a deal. In a very similar way, investors do the same thing. The whole point is that we only want you to spend your time with properties that really are deals instead of trying to force a deal. The call-screening process is split into two parts. After they have answered, ask how you can help them. 1. 2. 3. All you need to determine at this point is motivation. The second part of the process is to determine whether we would approach this with a cash offer or a terms offer. 1. 2. 3. After you ask these questions, you should have a pretty good idea whether to approach this deal from a cash standpoint or a terms standpoint.
Like this: Like Loading... Dividend Growth Stocks: 9 High-Rated Dividend Stocks With Above Target Returns. It doesn't take a genius to determine that most dividend stocks are now trading in excess of their calculated fair value. However, capital appreciation is not the primary reason for investing in dividend stocks. Dividend fundamentals are what drive my purchase decision, and if I could only look at one metric it would be the Net Present Value of the Money Market Differential (NPV MMA Diff.) Why would you assume the equity risk and invest in a dividend stock if you could earn a better return in a less risky money market account? When I look for worthy dividend investments, one of my first tests is to determine if the investment will perform better than a MMA over time.
I use the NPV MMA Diff. calculation to help make this determination. The basis of the NPV MMA Diff. calculation is a hypothetical $1,000 investment in a dividend stock and a Money Market Account. The target is based on the number of consecutive years of dividend increases. Wal-Mart Stores, Inc. Exxon Mobil Corp. Resistance & Support | Rich Dad Stock Blog. This article in the Rich Dad Education Stock Market Trading Series will discuss the concepts of support and resistance. The concepts of support and resistance are just a few of the many aspects of technical analysis that are covered in this Rich Dad Education series. Rich Dad Education elite trainings and mentoring programs go in depth with their students to cover these concepts and help students formulate a plan to attack the market.
This Rich Dad Education series gives readers a sample of the depth and quality that is offered in these Rich Dad Education educational offerings. In technical terms, support and resistance are price areas where a large quantity of trading has taken place and where significant buying or selling pressure exits. In the most simplistic of terms, floors and ceilings are points where the stock can be expected to stop falling or rising. Identifying Floors and Ceilings and Determining their Strength Company XYZCurrent Ceiling – $50Current Floor - $45 Like this: Chart Reading Made Simple - The Ticker Tape Monthly. Words ByTicker Tape Editors Question. How do you know when a stock stops going up? Answer: When it starts going down. Or, sideways. Ouch.
Learning about stock price behavior starts with taking a closer look at, well, stock price behavior. What Are Price Charts? Price charts derive from the trading activity that takes place during a single trading period (i.e. 5-minute, 30-minute, 1-day, etc.). Chart Types LINE CHART Perhaps the most easily constructed price chart is the line chart, which plots a single line that connects all of the closing prices of a stock for a certain time interval (figure 1). FIGURE 1: Daily line chart on Trade Architect.
It’s simple to follow, but the line chart may not tell the trader much about the day’s activity. BAR CHART The bar chart is another method of charting the price activity (figures 2 and 3). FIGURE 2: Daily bar chart from Trade Architect. FIGURE 3: Anatomy of a price bar. FIGURE 4: Daily candlestick chart from Trade Architect. Multiple Sources. Why this place is becoming the new Switzerland. Reporting from Sydney, Australia Switzerland is the place that has traditionally stood above all the rest in its reputation for financial stability. Why? Because the currency was well-managed, the banking system was sound, and the country had a long tradition of treating capital well.
Over the last few years, however, these advantages have collapsed. Switzerland has voluntarily surrendered banking privacy, and the many Swiss banks are now hemorrhaging cash. Even worse, the Swiss government destroyed its reputation for respecting capital when they pegged the Swiss franc to the euro in 2011 to arrest the franc’s rapid rise. The country’s top central banker at the time, Philipp Hildebrand, claimed that he would buy foreign currencies in ‘unlimited quantities’ to defend the peg. This is not something a responsible steward of currency should ever say. Since then, the market’s need to find a financial safe haven has only become more desperate.
Stansberry Analyst Matt Badiali's Four Rules for Finding Junior Miners to Like or Avoid [AMM, AAU, PVG, PVG] Too many investors fall in love with a project and forget that mining is a business, says Matt Badiali, editor of the S&A Resource Report. And business is tough these days. Still, a lot of companies' share prices have been unfairly cut down as investors who need to liquidate are selling good stocks on good news in an attempt to get a slightly higher price.
These top 25% firms represent great bargains right now if you pick using the rules that Badiali sets out in this Gold Report interview. The Gold Report: Your presentation "How to Navigate Junior Mining Right Now" uses the image of a giant intake hole in a lake to illustrate the condition of high-risk explorers.
Matt Badiali: The price chart does not tell the whole story. Using 2004 as a base, there were 995 mining companies listed on the TSX Venture Exchange (TSX.V) then. Another ugly trend is the growth in the number of shares outstanding. TGR: Is there much mobility between the haves and have nots? ATAC Resources Ltd. MB: I do. Profiting from County Resources | Rich Dad Education - Real Estate Blog. In the movies and on television, there are great crime fighters who always seem to save the day and catch the bad guy just in the nick of time.
The one that seems to stand out over the rest of the crime fighters is Batman. When it comes to his crime-fighting skills, it seems as though he always has two advantages over the police force. Those two advantages are: He has tools that empower him beyond what others can do, andHe seems to know things that others do not that allow him to unlock the clue What does this have to do with real estate investing? Actually, there is a direct correlation. Your abilities as an investor will increase as you add new tools to your toolkit and increase your knowledge of those tools. Utilizing County Records Many people are familiar with county records for finding information about a specific property; however, very few go beyond this particular purpose. County records are also useful for finding buyers for wholesale transactions. Like this: Like Loading... Look at Dividend Growth to Find Safe, Long-Term Returns. If you're looking to earn 10% or more on your portfolio year after year, chances are, you're looking in the wrong place...
Chances are, you're buying risky, overpriced, "high growth" stocks that have a good story. Or you're buying risky, leveraged, "high income" stocks. Either way, over the long term, you're more likely to lose money than make it. Most companies that are growing fast command much too high a premium in the market. Here's the thing: You're missing one of the world's greatest sources of double-digit annual returns. Let me show you what I mean... Over the long term, big dividend growth usually comes with big share-price growth... Think about it... Think about a company that pays $0.50 in annual dividends.
So all things being equal, a 10% increase in the dividend payout will translate into a 10% increase in share price. But I've found that over the long term, companies that regularly make large increases to their dividends see large long-term share price growth as well. 1031 Exchanges – The Ins and the Outs | Rich Dad Education - Real Estate Blog.
1031 exchanges can be a complicated and complex transaction. We want to clarify the information on this valuable type of real estate transaction so that you can maximize your investments and take advantage of the tax savings associated with 1031 exchanges. In order to best understand how to use this strategy to your advantage, you must first understand what it is and why an investor would want to use it. What Is A 1031 Exchange? A 1031 exchange is when you transfer the equity in one property into another of equal or greater value. This is a very common strategy for real estate investors. Since you are deferring the taxes, you have more money available to invest. Aside from the benefits of deferring taxes, exchanges have other important benefits to note.
Another major benefit of this is that if you have taken the depreciation tax write-off on your properties that are being exchanged, the exchange allows you to recapture the depreciation. Exchange Example Types of Exchanges Like this: Dividend Growth Stocks: The Most Important Financial Statement. We all know what surprising the street will do to a stock's price. The street focuses on quarterly revenue, EPS, EBIT, EBITDA and margins. The income statement is where you find all the metrics that the street loves. It therefore must be the most important financial statement. Not! In my opinion the most important financial statement is the lowly cash flow statement.
Unfortunately, it is probably the least used and most misunderstood statement. Ultimately cash flow is what drives the value of any financial asset. The balance sheet is a snapshot of a company's financial position (assets and liabilities) at a single point in time, while the income statement summarizes a company's income and expenses over an interval of time to determine if a profit was earned. For example, during the quarter a company sells some surplus land for cash.
The cash flow statement is not based on accrual accounting, but instead is a cash-basis report focusing on inflows and outflows of cash. (Photo Credit) Investing in Frontier Markets | Capitalist Exploits - Frontier Markets Investing, Private Equity and IPO's. 0 Flares Twitter 0 Facebook 0 Filament.io Made with Flare More Info 0 Flares × Investing in frontier markets is a challenge due to lack of liquidity and significant set-up times.
One way to circumvent these problems is to Invest in other people’s expertise through a managed fund. We work hard to associate ourselves with smart individuals where we can reciprocate value. This not only gives us opportunities to put capital to work, but provides us the ability to grow a powerful network filled with influential people. One such person I have become friendly with is Thomas Hugger, COO & CFO of Leopard Capital, a frontier markets private equity fund we have discussed previously in these pages. Thomas has had a global career, spending 27 years in private banking, where he specialized in managing portfolios of listed and unlisted equity investments. Scott: Thomas, you started the Leopard Asia Frontier Fund, under the umbrella of Leopard Capital last year, at the end of March.
Thomas: Thanks Scott. Invest in Graphene » SanDisk (NASDAQ:SNDK) » Page: 1 | Invest in Graphene. Miller's Money Forever. Five Tax Options for Traders - The Ticker Tape Monthly. How to by 10-86 Plan stock,s. Untitled.