Achieve Financial Freedom 2015 With Simply Smart Investment

Achieve Financial Freedom 2015 With Simply Smart Investment

Concept

The promise from Tony Robbins in his book, Money: Master the Game, is to create an income for life without having to work again.

The idea is to create an extraordinary quality of life on your own terms.

Start rich with gratitude.

Achieve your dreams by (1) unleashing your desire or focus; (2) taking massive and effective action; and, (3) good luck!

With the strategies summarized below, the only thing that could hold you back is a defeated story based on beliefs you will fail.

Strategies

Establish an automated plan for savings and investments. Spend at least 10-15% of your income on yourself, before any day-to-day expenses, to benefit from compound savings. Every time you get a raise, put a portion toward a higher percentage of income invested.

Protect yourself from marketing myths. Analyze your current portfolio at StrongholdFinancial.com. Choose low-cost index funds over mutual funds. The (likely tax-deductible) cost of a large fee-only independent registered investment advisor (through a third-party custodian) plus the cost of the investments should be under 1.25%. Risk a little to make a lot with structured notes, market-linked certificates of deposit, and fixed indexed annuities.

Set realistic goals to achieve financial dreams at masterthegame.tonyrobbins.com. The calculator will guide you on how much you need to save (and how long it will take) for five levels of financial freedom. For instance, a moderate outlook shows me never having to work another day starting 13 years from now – much better than the standard age of 65+. To get there even sooner: (1) Save, i.e. minimize fees, pay next month’s mortgage principal this month; (2) Earn, i.e. add more value in your job or business; (3) Reduce taxes, i.e. run a not-for-profit, defer, invest in a Roth; (4) Find investments with a risk:reward ratio of 1:5, i.e. real estate investment trusts; or, (5) consider moving cities for greater purchase power.

Make investment decisions with proven asset allocations. Decide what portion you will invest in growth (i.e. high risk, high yield) and what portion (i.e. 60%) in security. Divide a big win from growth investments to reinvest in both growth and security, and save some for a luxury. Diversify across markets, classes, and time with dollar-cost averaging: making equal contributions to all investments monthly or quarterly. Rebalance your portfolio annually. Tax-loss harvesting uses losses to lower taxes.

Develop a guaranteed lifetime income plan. Balance your portfolio in terms of risk rather than by amount of money. “Every investment has an ideal environment in which it flourishes,” so have 25% of your risk in each season: (1) high inflation (commodities/gold, TIPS i.e. inflation-linked bonds); (2) deflation (treasury bonds, stocks); (3) high growth (stocks, corporate bonds, commodities/gold); and (4) low growth (treasury bonds, TIPS). This translates to 30% in stock indexes, 15% in 7-10 year Treasuries, 40% in 20-25 year Treasuries, 7.5% in commodities, and 7.5% in gold. Upon retirement, invest in deferred fixed indexed lifetime income annuities with a guaranteed lifetime income rider. Private placement life insurance protects from growth tax, allows loans, and death benefits are tax-free too. Also consider a living revocable trust.

Learn how billionaires invest. The book details the expert interviews with Carl Icahn, David Swensen, John C. Bogle, Warren Buffett, Paul Tudor Jones, Ray Dalio, Mary Callahan Erdoes, T. Boone Pickens, Kyle Bass, Marc Faber, Charles Schwab, and Sir John Templeton. Here, I’ll summarize: anticipated and diversify; high achievers are never done.

Follow an action plan. Decide to focus on what you can control and find empowering meaning in what you see. This creates the emotional state to take action, to grow, and to contribute. Increase happiness by investing in experiences, buying time for yourself, and investing in others. Most of the billionaires interviewed give most of their money away. You can donate a fraction of a dollar every time you use your credit card to end hunger, slavery, and disease through SwipeOut.

Clearly, there is a huge amount of detail you’d get from reading the full book (and all proceeds go to charity), but above are all the main points as I see them.

Getting The Help Financial Services Experts 2015 Latest

Getting The Help Financial Services Experts 2015 Latest

Today, it is very important for people, especially those who are planning to start a family, to know how to manage their finances. Since you can see a lot of interesting merchandise around you, sometimes, you are tempted to buy things that you do not really need or are not really important. And as a result, you lose control in your finances. This then can lead to serious financial problems. A lot of people have actually gone through different financial problems in their life simply because they have no knowledge about handling their money the right way.

If you are among these people, it is highly recommended that you get an expert in financial services. You may take this for granted, but in the long run, you will certainly realize the need to get financial experts to help you with money matters. You may not be a business man or an investor, but certainly, you need someone who is an expert to help you handle your finances especially if you are about to enter a new chapter of your life. There may be a lot of things to put into consideration. There are a lot of things that you need to be prepared for. And usually, these things involve money. If you do not know how to properly handle your finances, you will end up struggling to be financially stable all your life. And this situation will surely affect your family as well. Hence, investing in financial services is a must.

There are actually a lot of financial experts who provide services to a variety of clients from businessmen, entrepreneurs, retirees and even professional athletes and those in the entertainment industry. If you are among those who need financial guidance, do not hesitate to seek help from these experts and specialists as they are knowledgeable enough to guide you with everything about money and expenses. They have the experience as well to help you decide which things to invest in and which things to let go to ensure that you will have a financially stable future.

Inflation And The Economy 2015

Inflation And The Economy 2015

An often used but little understood term in financial circles, inflation has been misinterpreted as a result or an effect of higher prices, but this is not the case.

Inflation

Inflation is a condition in a particular country’s economy where the amount of available currency outstretches the GDP figure for that country. This that is known as inflation, and higher prices are a result of this situation.

This affects the Canadian investor by causing consumer pricing to rise, thus leaving the investor with less money to invest with after buying groceries and filling their gas tank. This inability to invest also affects the stock market, leaving companies with less avenues of capital acquisition. For example, if the CPI levels rise considerably, markets such as the TSX can experience a lull in trading causing its index to drop. This could indicate that an economy is either stagnant or heading towards recession. Of course, this isn’t in the best interest of any country and if left unchecked, would lead to a wildly fluctuating market with tremendous risk such as the markets just before Black Tuesday, October 29, 1929. We have learned our lessons since and safeguards have been put in place to ensure that the market won’t bottom out like that again.

The Bank of Canada has a hand in setting inflation rates to accommodate the disparity of goods versus monetary availability. By monitoring the core CPI, the Bank of Canada arrives at the comfortable inflation numbers that will keep the economy on track and within good financial reason. If you are wondering, core CPI is a specific group of consumer goods not considered to be volatile. The term ‘volatile’ in this context is meant to refer to price fluctuation, not combustion. These volatile products would include such things as fuel, vegetables, fruit, tobacco products and mortgage interest.

In the 1980s, according to Statscan, the inflation rate was at 10%. This may seem minuscule, but a rate such as this can cause general consumer pricing to double in less than ten years. Luckily for Canadians, our inflation rate has dropped to less than 5%. With current mandates from the Bank of Canada to put the inflation rate at 3%, consumer pricing would take approximately 24 years to double. This presents a much more tantalizing prospect for the Canadian investor with long-term goals.

According to investing experts, inflation is not a bad thing. The Canadian investor has to be aware of certain factors in their investment, suppose McCain Foods has an offering of 100,000 shares with a rate of 4%. If the Canadian economy had an inflation rate of 3%, this would leave the prospective investor with a positive growth percentage of 1%. Not a bad investment. However, if the Canadian economy had an inflation rate of 5%, the prospective investor has started their investment in the red, not necessarily a good investment idea. But even in this situation, investment isn’t really out of the question. If you can ascertain that the economy is headed for a sustained surge down the road and you are thinking about long-term investment, it might be prudent to buy-in as your investment in the long run may achieve a positive growth outstripping the rate of inflation. This is dependent on when the economy will perform, for how long and how well versus the time length of your investment. Knowing about inflation is an important step to losing needless and ill-informed investment fear.

Online Finance Services 2015 – Power To The People

Online Finance Services 2015 – Power To The People

In this day and age, every second, new ways of empowering the common-folk are being discovered. The most sought-after mechanisms are being seen in the financial sector, especially in internet finance. With banking getting more and more complicatedly cumbersome, easier methods are being designed to provide the public with “money” as and when they need it and wherever they need it.

Trending today is the very well-known concept of digital currency. Though there are still apprehensions about its use, it has taken the world with a sweep and gained popularity because of the convenience it has to offer. An example of digital currency would be the popular Bitcoin. Many online merchant websites have accepted bitcoin as the form of payment for making purchases from their website.

This type of currency does not require any identification on the part of a purchaser; therefore animosity is one chief benefit that it has to offer. In the form of investment, Bitcoins have proven to be profitable. This is because of the reason that its price in Dollar equivalents has been on the rise ever since its conception. If you own two Bitcoins that have a net present worth of $800, by the end of the year this price has all the possibility of rising up to $1000 for two Bitcoins. Thus, you can either use your Bitcoins for online transactions or keep them safe as an investment for your rainy days.

Another convenience in this box has the name of mobile payment systems. You must have heard of Google Wallet, or something similar from other global corporations. With the advent of payment systems such as these, it has become highly probable to enter a cashless future very soon. Currency has undergone drastic changes in this era – morphing from cash to cheques, from cheques to debit and credits, from that to finally online wallets. This wallet is the online phone-app version of your bank account. In every sense, it is a wallet, only it exists digitally. Whatever purchases you make through your phone or over the Internet, this wallet enables you to pay for those purchases, removing from the loop all the banking-paperwork otherwise required. These payments are not just limited to Internet. The NFC technology enables you to check-out of physical counters by a touch of your smartphones, although this method has attracted scepticism. Either way, convenience is convenience. It is safer for you if you don’t carry much cash around. Just use your smartphone.

Finance over the internet has plunged into another very fascinating service – the crowdfunder.

This concept is by far the most useful of all, because it enables entrepreneurs to gather online and share funds for their business. Elaborating it further, it means that if five people are interested in setting up a, say, online shopping business, but are short on funds individually – they can come together on a crowdfunding website and combine their money in a partnership. This way, they all get what they want, including the money to start their business. These people can also decide to share their funds with some other entrepreneur to help him get started. The internet has thus changed the scene of financing sector.

To get more crowdfunding news, visit Moneysedge.com

Monica Baggins is an expert when it comes to new age online finance solutions. She loves writing interesting articles and blogs, helping people in understanding what these services are all about. She recommends MoneysEdge.com as the name to trust for the latest reports on Bitcoin currency, e-wallets and crowdfunding news.