Six Strategies over the next Six Weeks!
Consider the time and money one spends in a lifetime to finance their lifestyle – houses, cars, boats, appliances, education and major life expenses. Now consider the ability to recapture and redirect this wealth which is normally lost to debt, interest and market cycles back into families and communities. By learning how to apply these strategies you can be completely debt free in five years and be less exposed and much safer in the event of a financial disaster.
Here are the six strategies we will cover for the next six Thursdays:
1. Put your income to work for you daily to limit interest accrual and optimize returns
2. Restructuring debt to increase cash flow and lower monthly payments
3. Safely use alternative financing mechanisms to eliminate debt years early
4. Borrow from yourself and level the playing field with the banks
5. Liquidity management
6. Create multiple income streams
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Posted on March 31, 2011 in
Podcast
On This Episode:
1. Five ways to consistently beat the market
2. Five sectors to focus on in 2011 & beyond
3. Three market warning signs
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Podcast 16
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Slowly Rebuilding
The task of rebuilding will soon begin. With the prospects for stabilization on the horizon, many in Japan are now focusing on the long, slow recovery from this triple crisis – earthquake, tsunami, and nuclear meltdown. The World Bank estimates the loss to Japan’s economy at $235 billion; Japan’s economy minister Kaoru Yosano believes the cost of rebuilding could surpass $250 billion.
While Nissan, Honda and Toyota plants are restarting operations, it will likely be several weeks before the nation’s energy and transportation grids are up to speed, which will hinder Japan’s exports and some of our imports (as an example, Japan eats 30% of the pork products we ship overseas).
What will the near-term impact be for the world economy?
While some analysts are quite pessimistic (Morgan Stanley now tracks U.S. first quarter GDP at an estimate of 2.9% rather than the previous 4.5%), others beg to differ. As Moody’s Analytics chief economist Mark Zandi noted over the weekend, “Japan is still important but it’s a much smaller piece of the global economic pie and much less important to the global supply chain than it has been historically.”
Posted on March 26, 2011 in
Podcast
On this Episode:
1) A look at the 2nd quarter of 2011: what’s in store for the stocks markets, gold, silver, and energy?
2) Is now the time to buy real estate?
3) Should you convert to a different currency or just buy gold and silver?
4) Defensive moves to make to 2011: consider utilities, consumer staples, and health care…
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Podcast 15
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Are you prepared for hyperinflation?
Here’s why it can be a good idea to prepare.
With all of the reckless government spending, many are becoming concerned about the potential devastating effects of inflation. Significant inflation is not only feasible, it is very likely. We are seeing the warning signs with food and energy prices! I wanted to take a few moments to update you on what is going on in the economy, how inflation can be dangerous, and provide several investment ideas that will help us fight inflation in the upcoming days.
Why is inflation inevitable?
With Democrats and Republicans alike agreeing U.S. debbts are out of control, but no one has a plan to solve our current deficit let alone the whopping debts we have. The Fed has the solution: print more money, devalue the dollar, and pay back the debts with cheaper dollars. What’s the price tag? Can you say H-Y-P-E-R Inflation! This will mean we will see massive inflation like never before. This double digit inflation is imminent unless the Fed and/or U.S. Government takes one of two drastic measures:
We really only have two ways to pay for our debts:
(1) Print more money, which causes inflation, and/or
(2) Hike taxes, which kills investment, businesses and jobs.
Why is inflation dangerous?
Inflation simply means rising prices. But in addition to retail price inflation measured by the Consumer Price Index, you also have monetary inflation – the growth of the money supply, or the total amount of money in the economy. (Our money supply includes dollars, checking and savings accounts, CDs and money market funds, and short-term transfers of securities in exchange for cash.)
This may be a great time to get into an REIT. If you’re trying to sell commercial or residential real estate
today, you face quite a challenge. On the other hand, buyers are seeing all kinds of opportunities to pick up properties at depressed prices.
You may want to seize these opportunities, but you may not want to manage property. Is there a way you can invest in real estate without turning into a landlord?
There is. REITs (Real Estate Investment Trusts) allow you to get into the commercial real estate sector without the hassles of property management.
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Prices are rising!
In February, the Consumer Price Index advanced 0.5%. That follows increases of 0.4% in December and January. This doesn’t exactly represent runaway inflation –to give you some perspective, the CPI rose by almost 1.1% per month across 1979 – but it may be cause for concern.
Producer prices have also jumped. The government’s Producer Price Index climbed 1.6% in February on the heels of a 0.8% increase in January and a 0.9% boost in December.
Should core inflation reassure us? Some observers aren’t worried. They urge us to look away from the “headline” inflation and focus on the core numbers that factor out often-volatile food and energy costs. Core CPI was just 0.2% last month, as was core PPI.
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