foreclosure

You've without doubt seen them or examine them. Glossy ads or four-color propagates in magazines and magazines promising to show you all of the juicy information regarding successful real estate investing. And all you need to do to learn each one of these real property investing surface encounters chuck russo secrets is to pay a rather high sum for a one-or two-day seminar.




Often these kinds of slick property investing classes claim you could make intelligent, profitable real estate investments with simply no money straight down (other than, of program, the large fee you pay for the seminar). Now, how attractive is that? Make a benefit from real est investments you made with no cash. Possible? Not probably.




Successful owning a home requires cashflow. That's the character of any type of business or perhaps investment, especially real-estate investing. You put your money into something which you hope and plan will make you more income.




Unfortunately too few newbies towards the world of real estate investing believe that it's a magical form of business exactly where standard company rules don't apply. Simply put, if you need to stay in real estate investing for a lot more than, say, a day time or 2, then you are going to have to generate money to make use of and invest.




While it could be true which buying property with absolutely no money down is simple, anyone who is even made a basic investment (just like buying their particular home) is aware there's a lot more involved in real-estate investing that will set you back money. For instance, what concerning any necessary repairs?




So, the primary rule people a new comer to real est investing must remember would be to have accessible cash supplies. Before you choose to actually perform any real-estate investing, save some funds. Having a little money inside the bank when you start real property investing surface encounters chuck russo can help you make more profitable real estate investments in rental properties, for example.




When real estate investing in rental properties, you'll want to be able to select simply qualified tenants. If you've no cashflow when real-estate investing inside rental attributes, you could be pressured to take a a smaller amount qualified tenant as you need somebody to pay you money so that you can take attention of fixes or attorney fees.




For any type of real estate investing, meaning rental properties or perhaps properties you purchase to re-sell, having cash reserved can permit you to ask for any higher price. You can require a greater price from the owning a home because an individual surface encounters chuck russo won't feel financially strapped as you wait for an offer. You won't be backed into a corner and forced to accept just any offer because you desperately need the money.




Another downfall of several new to real-estate investing is actually, well, greed. Make a profit, yes, but do not become so greedy that you simply ask for ridiculous rental or second-hand rates on all of your real property investments.




Those new to real estate investing need to see real estate investing being a business, NOT a spare time activity. Don't believe real est investing will make you abundant overnight. What business does?




It requires about six months to determine if real-estate investing set for you. If you have decided in which, hey I really like this, then give yourself a couple of years to really start earning money. It typically takes at minimum five years being truly productive in property investing.




Persistence could be the key in order to success in property investing. If you've decided that property investing is made for you, surface encounters chuck russo keep plugging away at it and the rewards will be greater than you imagined.

You wouldn't think Apple and Indonesia have much in common. On the surface, they don't, but they can still teach you a lot about investing. Let's start with Apple.

Apple made the news recently with two major events. It is locked in a battle with Exxon over which is the most valuable company by market capitalization -- a remarkable turnaround. Apple has a market value of over $344 billion. Then Steve Jobs announced his resignation at Chief Operating Officer for health related reasons.

According to a thoughtful blog by Weston Wellington of Dimensional Fund Advisors (not available online), it was not so long ago that the financial media was trashing Apple. In February 14, 2005, Robert Barker, in an article in BusinessWeek stated "...Apple doesn't tempt me..." I wonder what did. Maybe Lehman or Bear Stearns!

Steven Gandel weighed in with an article in Money on March 24, 2004. He quoted Transamerica portfolio manager Chris Bonavico who opined that Apple stock is "...crap from an investor standpoint."

Many analysts credit the remarkable sales of its Apples Stores as the key to Apple's success. In a quote attributed to David Goldstein, Channel Marketing Corp, which appeared in an article in BusinessWeek on May 21, 2001, Mr. Goldstein gave Apple "two years before they're turning out the lights on a very painful and expensive mistake."

What can you learn from these comments about Apple stock? Read the financial media if you find it entertaining. It's useless (and potentially harmful) as a source of reliable financial advice.

What about Indonesia?

The financial media was preoccupied with the downgrade by Standard & Poor's of the credit rating of the U.S, which lowered its rating from AAA status to AA plus. The new rating places the U.S. below the United Kingdom, Canada and even the Isle of Man.

Many investors viewed the lower rating with alarm and considered it a precursor of low stock returns for decades to come. The data tells a much different story, and may indicate there is no better time to invest in U.S. stocks and bonds.

In another blog, Wellington notes that Standard & Poor's rated the credit of Indonesia a "B" in July, 2001, which placed it in the "junk" category. Over the past decade, its credit rating has never risen to investment grade.

Investors in the Jakarta Composite have earned a total return of a whopping 29% per year over the last decade, ending June 30, 2011. According to Wellington, "If the Dow Jones Average had kept pace with Indonesian stocks over the past decade, it would be over 104,000 today."

Here's the lesson to be learned from Indonesia: A low (or reduced) credit rating on sovereign debt does not necessarily correlate to lower stock market returns. This is the opposite of what many investors and financial talking heads believe.

Most investors get their financial information from the financial media or brokers. As Dr. Phil would say: How is that working for you?

Dan Solin is a Senior Vice President of Index Funds Advisors (ifa.com). He is the author of the New York Times best sellers The Smartest Investment Book You'll Ever Read, The Smartest 401(k) Book You'll Ever Read, and The Smartest Retirement Book You'll Ever Read. His new book, The Smartest Portfolio You'll Ever Own, will be released in September, 2011. The views set forth in this blog are the opinions of the author alone and may not represent the views of any firm or entity with whom he is affiliated. The data, information, and content on this blog are for information, education, and non-commercial purposes only. Returns from index funds do not represent the performance of any investment advisory firm. The information on this blog does not involve the rendering of personalized investment advice and is limited to the dissemination of opinions on investing. No reader should construe these opinions as an offer of advisory services. Readers who require investment advice should retain the services of a competent investment professional. The information on this blog is not an offer to buy or sell, or a solicitation of any offer to buy or sell any securities or class of securities mentioned herein. Furthermore, the information on this blog should not be construed as an offer of advisory services. Please note that the author does not recommend specific securities nor is he responsible for comments made by persons posting on this blog.

It is very difficult to determine the sex of a pigeon. I used to keep pigeons as a kid so I’m good at it.

There are three ways to do it:

1 – Check their reproductive organs

Pigeons genitalia all look the same (they have ‘cloaca‘) so you will have to cut them open to actually see their reproductive organs. Not a very efficient method.

2 – See who goes on top

There isn’t much variation in the sex life of a pigeon. Males go on top. No Kama Sutra here. Fortunately all they do is eat and, ehm, reproduce. You won’t have to wait very long to see that happen. But you do need 2 pigeons and some patience.

3 – Look at their faces

Yes, pigeons have faces just like humans.

It takes years to be able to read the face of a pigeon. I kept pigeons as a kid so I can tell the sex of any pigeon just by looking at their faces for few seconds. Just like with most humans. Humans have the added benefit of clothing, hair and breasts. But even without that a face looks feminine or masculine.

Investors try to look under all those feathers but up close all excel sheets look the same. They try to see who goes on top but then you would have to wait until the entrepreneur meets an actual client.

But once you have met enough starting entrepreneurs one look at someones face is usually enough. You know what you have got and who is a good bet and who isn’t.

Just like with pigeons.

This is a variation of post I published in 2007. Photo credit: Igor Stevanovic via Shutterstock.