When it comes to trading, there are many asset classes to trade. These include stocks, bonds, options, futures, commodities, foreign exchange (forex), and others. There are also many ways to enter trades. You can buy or sell stocks, or call and put options on them. With foreign exchange trading, you can buy it at spot, get a futures contract, or an option on futures. Doing it all from a single account is not that common. For example, a typical online broker will offer its clients an opportunity to trade stocks and options. But not foreign exchange and commodities. On the other hand, a forex broker will not offer stock trading. In addition, applying various ways to enter trades (such as … Read more
I wrote an overview of Dave Ramsey’s baby steps system from his book, The Total Money Makeover, and I have been dissecting each of his individual baby steps as well. The Total Money Makeover is a personal finance book that I highly recommend and one of the greatest personal finance books to read. Today, we talk about baby step 5, saving for college for your children’s education. Today, we will look at Baby Step 5 in more detail which is to invest and save for your children’s college education. There are seven Dave Ramsey baby steps that you should follow in order that will lead you to financial peace. Dave Ramsey’s baby steps are… Baby Step 1 – $1,000 Emergency FundBaby Step 2 – Pay Off All … Read more
The holidays may be over a month away, but hopefully you have already starting to think about what gifts you’re going to give your family and friends this year.
Well if you’re in need of some inspiration, what about an iPad? You may start thinking that an iPad seems like a mighty expensive gift, but it might be well within your budget if you purchase a Certified pre-owned iPad from a company like Gazelle.
Sure, a brand new iPad might cost a pretty penny, but if you purchase a Certified iPad, you’ll find that such a gift is quite affordable.
A Gazelle Certified iPad has all gone through an extensive, in-depth 30+-point inspection process to ensure their quality. Plus, just to make sure you and the iPad’s new owner are 100% satisfied, Gazelle also offers a 30-day return policy on all their certified iPad and other certified devices.
Property flipping — where people invest in buying a home only to fix up problems and quickly resell at a profit — is a healthy business practice, but one that is open to potential for abuse.
Many flippers attempt to push properties that they haven’t done much work on. Often, they consider it adequate to slap on a coat of paint in a few easy-to-notice places, add a new refrigerator and stove to the kitchen, polish the floors, and sell on an inflated price. In many cases, flippers work actively to hide problems under attractive cosmetic touches.
If you’re buying a home, then, you need to be especially careful when you look at buying a flipped house. To do this, though, you would first need to know how to tell a flipped unit apart from a regular one.
Things to Consider When Buying a Flipped House
Try to investigate the sellers
You can tell if home is a flip by checking with the Land Registry for its sale history. If it sold only a few months ago and is now on the market again, it’s probably being flipped.
You can look up information about the person who holds the property now and look up what other properties they may have flipped. If you speak to those buyers about their satisfaction level with their purchase, you’ll know how trustworthy the flipper is when you are buying a flipped house.
Make sure that all work was properly done
A home inspection by a qualified inspector is especially important for properties that have been flipped. Since flippers are not necessarily emotionally invested in their property, they will often attempt to get away with poor quality work.
It is important to bring a licensed, insured and accredited inspector in to look for problems, and recommend courses of action. Should the inspector uncover problems of a serious nature, you need to ask the seller for a fix, or for a discount on the asking price of the house to pay for the repairs.
Buying a home is a smart investment in your own future, and it’s an aim everyone should start with as early as possible. Nevertheless, in some cases, it does make sense to put off such an investment — such as when you are unsure of the future of your job, or your marriage, or when home values appear volatile. Saving to buy a home even when you live paycheck to paycheck is possible. Most people who put off the decision to buy a home, though, have none of these reasons in mind. They simply choose to delay the day they buy, because they cannot figure out how they might ever put together enough each month for mortgage payments, leave alone a … Read more
There is a right way and a wrong way to begin investing in stocks. But sometimes new investors have to learn the hard way. A coworker recently talked to me about investing in stocks for the first time. He was proud of himself for finally taking the plunge into the market to buy a few shares. And, then I asked him what he had bought. He said that he had bought a couple of shares of Ford Motor Company (Stock Symbol: F). He also bought a few shares of some other well-known blue chip stocks like General Electric, Dow Chemical, Walt Disney, Coca-Cola, Dr. Pepper Snapple Group, and others. These are some great companies and a few that I own … Read more