Getting Started in Stock Investing and Trading walks investors and traders through the essential information they need to know before they decide what kind of participant they want to be in equities. The book is filled with the key strategies and tools and offers a comprehensive guide for those entering this marketplace. The author does not argue that one method is better or more appropriate than another. Rather, he reveals the various methods and lets investors decide for themselves. The book covers investment risks, value investing, market strategies, trading methods such as day and swing trading, technical indicators, and diversifying your portfolio, and
Other titles by Thomsett: Getting Started in Bonds and eight editions of Getting Started in Options. This book is another title in The Getting Started series, which makes complex issues easy to understand.
Candlestick charts are an effective way of visualizing price movements and, due to the increased interest in the complex derivatives market, they are being used more and more widely. A combination of a line-chart and a bar-chart, where each bar represents the range of price movement over a given time interval, candlestick charts are most often used in technical analysis of equity and currency price patterns. A guide to the most used charts, The Bloomberg Visual Guide to Candlestick Charting is arranged in an easy-to-use manner, providing a quick reference for those new to the field.
Candlestick charts are formed with the help of the opening, high, low, and closing price of the day—if the opening price is above the closing price then a filled candlestick is drawn, and these charts are visual aids for decision making in forex, stock, commodities, and options trading.Contains alphabetical explanations of over 200 candlestick and related terms Includes daily charts of 50 companies, and six-month charts for comparative explanations of candlesticks with Western-style technical indicators Written by Michael C. Thomsett, author of over sixty books and hundreds of articles, including the bestselling Getting Started in Bonds, also published by Wiley Enhanced eBook editions offer video tutorials, test-yourself quizzes, and full-color/interactive charts and graphs, available for purchase separately.
A practical and concise resource for anyone new to this way of representing derivatives, The Bloomberg Visual Guide to Candlestick Charting presents sometimes confusing concepts in a format that is easy to understand and digest.
Three options best-sellers, one great price! Guy Cohen introduces options in plain English, so you can start earning profits fast. W. Edward Olmstead teaches step-by-step how to control risk, safeguard investments, and much more. Then, Michael Thomsett presents 12 conservative strategies for hedging losses, mitigating risk, creating income, and increasing overall returns.
From world-renowned leaders and experts, including Guy Cohen, Dr. W. Edward Olmstead, and Michael C. Thomsett.
Given the current state of the economy, you might be asking yourself if right now is the right time to be investing in real estate. With the third edition of Getting Started in Real Estate Investing as your guide, you’ll quickly discover how a combination of commitment and caution can help you make it in today’s market.
Designed for investors who want to get started in real estate, but don’t know where to begin, this reliable resource will help you break into this fast-moving field and build equity the right way. Getting Started in Real Estate Investing, Third Edition addresses everything from selecting the right properties and becoming a landlord to using the proper tax strategies and finding the right professionals to work with. It also outlines issues you must be aware of in light of recent events, including the best ways to finance your real estate investments, considering the status of mortgage financing, and new requirements that may be thrown at borrowers.
The new edition is updated to include information on:Surviving in the post-bust housing market Picking investments with the new credit realities Looking ahead to future housing booms Reading the emerging housing trends
Written in straightforward and accessible style—with a focus on residential and multifamily properties—Getting Started in Real Estate Investing, Third Edition also contains helpful information that will allow you to analyze your financial ability to buy and hold real estate as well as avoid potential pitfalls.
In order to excel in real estate investing, you need to start by defining what you want to do and how much risk you can afford. But ultimately, success depends on making informed decisions about where and when to invest, and Getting Started in Real Estate Investing, Third Edition gives you the tools to achieve these goals—even under the most difficult market conditions.
You'll gain important insights that can help you manage risk and make more informed investment decisions and learn from relevant illustrations, examples, and definitions. Written in a non-technical format that's easy to follow, Getting Started in Fundamental Analysis provides valuable coverage of:the audited statement. finding financial information online. the process of confirmation. balance sheet and income statement ratios. the P/E ratio and how to use it. how the combination of fundamental analysis with technical methods creates a powerful strategy.
More than an introduction to fundamental analysis, this book will help you use analytical tools in identifying risk levels, making valid and reliable comparisons, and picking stocks for your portfolio so you develop a successful and profitable investment program.
You may know all about covered and uncovered call writing and the degrees of risk involved. But the uncovered put belongs in your arsenal as well. The short put offers great profit potential with limited risk. However, short puts are overlooked by many traders. Puts cannot be covered like short calls, but short put risks are lower because a stock’s price cannot fall indefinitely....
Getting Started In Options
Many people fail to capitalize on the potentially lucrative opportunities that options present, simply because they don't fully understand how options work. But with Getting Started in Options, Seventh Edition, author Michael C. Thomsett looks to change this.
Written in a straightforward and accessible style, Getting Started in Options, Seventh Edition provides you with a solid foundation in this field, and will help you become fully familiar with one of today's most important investment vehicles. Each page of this informative guide addresses essential options issues, including how to:
Identify your own risk tolerance levels and decide how to effectively incorporate options into your own portfolio
Master options terminology and concepts
Use options in a powerful insurance strategy to protect against losses in stock investments
Perform "paper trades" before putting real money at risk
Utilize the many new online resources available to you
Understand time values, striking price, and expiration
Besides new examples, updated charts, and timely investor tips, this latest edition also includes important new chapters that reflect ongoing innovations within the options market, such as the many uses of options beyond their obvious buying and selling functions, different methods available to calculate returns on options trades, and much more.
You don't need to be a financial expert to make it in the world of options, but you do need to be well informed. With Getting Started in Options, Seventh Edition as your guide you'll quickly discover how to make options work for you.
Is there such a thing as a low-risk short option strategy? Many traders and investors do not think so, but in fact there is one way to put together a short spread that will not break the bank. A combined covered call and uncovered put accomplish this, assuming that a few basic precautions are followed. First among these is....
Most traders who consider options have heard of the popular strategy, the covered call. This is a very safe options strategy because it produces a profit better than just owning stock in most possible outcomes. A “covered” call exists when you own 100 shares of the underlying stock, and sell a call....
It examines how, in spite of Church efforts at maintaining singular control, heretics have continued to emerge from ancient times into modern times. This book places heretical movements in their proper context, examining how the evolution of cultural and social changes in the Christian world affected how the Church was able to enforce its claimed authority.
Six Sigma is designed to achieve excellence in customer service and measure deviation from the ideal. It provides a process for placing value on the intangible nature of quality control. The underlying theories of Six Sigma are highly technical and complex. This book is a basic guide to those who are new to the concept, and though this is a complex subject, the concepts involved are not too complex for readers to grasp. Getting Started in Six Sigma demonstrates how an employee or supervisor can implement Six Sigma successfully without having to become technically familiar with process-oriented models or statistical modeling.
Michael C. Thomsett (Pt. Townsend, WA) is a financial writer who has written more than 50 books on investing, real estate, business, and management topics. He is the author of several Wiley books including the successful Getting Started in Options (0-471-44493-6). Prior to his writing career, Thomsett was a professional accountant and systems consultant.
The richly detailed and comprehensive dictionary proper is followed by a five-language glossary of instruments. An illustrated notation guide provides identification of symbols used in musical scores. The final section comprehensively covers scales, keys and chords.
GETTING STARTED IN RENTAL INCOME
Just as location is a critical component to the value of real estate, knowledge is a critical component to investing success. As with any type of new endeavor, gaining knowledge and experience is essential as you move forward toward success.
If you're interested in generating rental income through an investment in real estate, but unsure of how to go about doing this, Getting Started in Rental Income will show you the way. Written in a straightforward and accessible manner, this book discusses the two major ways of entering the rental income market--the traditional purchase of rental properties or buying and selling fixer-upper properties--and reveals what you need to do once you're in. This easy-to-read guide clearly explains how to:
* Invest in the right properties
* Generate cash flow adequate to make insurance, tax, utility, and monthly mortgage payments as well as to allow for periodic vacancies
* Make a profit from flipping properties
* Take advantage of the tax benefits of real estate
* Implement specific strategies--beyond diversification--to mitigate real estate risk
* And much more
Furthermore, Getting Started in Rental Income also identifies the pitfalls and market risks of this field, as well as the personal aspects of becoming involved in rental income. If you're interested in generating income through real estate and want to learn how, this book has all the answers.
Options, those high-risk, short-lived, and speculative instruments, can be used as a valuable alternative in swing trading strategies designed to move in and out of stock positions based on very short-term price movement. Options’ flexibility allows you to use either calls or puts, to go long or short, vary the number of contracts, or combine different approaches based on market conditions.
Writing for traders with basic knowledge of trends and technical analysis, Michael C. Thomsett introduces advanced analytical tools for recognizing how risks evolve as trends proceed; distinguishing between strong and weak trends; objectively evaluating the health of a stock’s current price levels, trading breadth, and technical condition; and anticipating plateaus, slowdowns, or price reversals.
Thomsett introduces trend prediction based on technical signals such as candlestick reversals, price gaps, and movement through resistance or support, enabling traders to go far beyond mere trend "following." You’ll learn techniques for gaining deeper insights into price change – and into valuable factors such as the angle of price change, trend duration, and offsetting price movements.
You’ll find detailed coverage of trend theory, resistance, support, trendlines and channel lines; patterns and confirmations of both reversals and continuations; broadening and narrowing trends, price jumps; and trends based on volume, moving averages, and momentum.
While other books focus solely on technical price movement, A Technical Approach to Trend Analysis will help you understand the trend itself – and use that insight to manage market risks far more effectively.
Understand the demand for gold, silver, and other key metals--so you can invest in metals far more successfully.
Market watchers closely follow precious metals futures, whether purchased through the commodities market or ETFs. Precious metals directly affect many aspects of the market, including currency valuation, and their value responds immediately to news. Metals, however, aren’t merely speculative tools: They’re widely used in manufacturing. This article examines demand for six key metals: gold, silver, copper, aluminum, platinum, and palladium....
How to uncover emerging market reversals while there’s still time to profit from them.
Can you spot reversals and act on them before they have become obvious? Technicians pay constant attention to a stock’s trading range; however, some very visible reversal signals are easily overlooked. Also, you must have a trend to spot a reversal: Without one, there is nothing to be reversed. Some general assumptions may cloud a trader’s judgment. For example....
In volatile markets, inevitable paper losses tie up capital and prevent you from moving ahead. So what do you do? Do you just wait and hope the market price rebounds? Do you cut your losses and move your cash to more promising stocks? Or are there other choices? If you still consider the company a worthwhile investment, you can use options as part of a recovery strategy.
7 breakthrough options trading strategies – with everything you need to know to apply them!
Seven options strategies every savvy trader needs to master — each presented concisely, with real-world guidance from a world-class expert! Discover powerful swing trading alternatives… strategies utilizing low risk-spreads… better ways to pick covered calls… how to compare investments through ranking analysis… how to use short puts and synthetic stock… even how to recover from losses!
From world-renowned leaders and experts, including Michael Thomsett and Sergey Izraylevich
Candlestick charts are an effective way of visualizing price movements and, due to the increased interest in the complex derivatives market, they are being used more and more widely. A combination of a line-chart and a bar-chart, where each bar represents the range of price movement over a given time interval, candlestick charts are most often used in technical analysis of equity and currency price patterns. A guide to the most used charts, The Candlestick Glossary is arranged in an easy-to-use manner, providing a quick reference for those new to the field.
Candlestick charts are formed with the help of the opening, high, low, and closing price of the day—if the opening price is above the closing price then a filled candlestick is drawn, and these charts are visual aids for decision making in forex, stock, commodities, and options trading.Contains alphabetical explanations of over 200 candlestick and related termsIncludes daily charts of 50 companies, and six-month charts for comparative explanations of candlesticks with Western-style technical indicatorsWritten by Michael C. Thomsett, author of over sixty books and hundreds of articles, including the bestselling Getting Started in Bonds, also published by Wiley
A practical and concise resource for anyone new to this way of representing derivatives, The Candlestick Glossary presents sometimes confusing concepts in a format that is easy to understand and digest.
More than 2,700 quotations on war and conflict are presented in this reference work. The quotations are arranged by more than 100 broad categories, from action to winning. For each, the quotation is first given, followed by its author, the work in which it appeared (when appropriate), and the date. The book includes numerous cross-references, and keyword-in-context and author indexes are provided for further utility.
There is no singular energy market. There are many different versions and subsets of energy: Any trader who wants to invest has many choices. The best one depends on acceptable risk levels, perceptions of the markets, and the amount of available capital. Before deciding how to enter this market, you should be aware of....
Gaps are significant signals. However, you might be missing some extremely important gaps, those that are not visible without deeper analysis of the price pattern. Obvious gaps show up with clear spaces in between trading ranges from one day to the next. These are easy to spot. Other, more subtle, gaps provide equally important technical signals, notably foreshadowing reversals....
Candlestick charts are an effective way of visualizing price movements and, due to the increased interest in the complex derivatives market, they are being used more and more widely.
An interactive and highly visual guide to the most used charts, Bloomberg Visual Guide to Candlestick Charting Enhanced Edition is arranged in an easy-to-use manner, providing a quick reference for savvy investors and traders looking to brush up and those new to the field learning the intricacies of these vital tools for the first time.
As an enhanced eBook, Bloomberg Visual Guide to Candlestick Charting features a slew of exciting additional features designed to provide a more immersive learning experience. These include interactive "Test Yourself" sections to help you measure your comprehension of the material, as well as video lessons with author Michael C. Thomsett incorporating animated charts to bring candlestick charting techniques to life.Contains alphabetical explanations of over 200 candlestick charts and related terms Includes daily charts of 50 companies, and six-month charts for comparative explanations of candlesticks with Western-style technical indicators Written by Michael C. Thomsett, author of over sixty books and hundreds of articles, including the bestselling Getting Started in Bonds, also published by Wiley Features enhanced eBook features to test yourself on key concepts, visualize into a chart, and learn hands-on through video tutorials
Enhanced ebook features: Test Yourself - readers can test their newly honed knowledge and skills.Includes True/False and multiple choice questions with answers. Video Tutorials: Videos throught the text to aid in the learning process. Interactive Charts and Graphs. Step-by-Step Tutorials for essential tasks and concepts
A practical and concise resource for anyone new to this way of representing derivatives, Bloomberg Visual Guide to Candlestick Charting Enhanced Edition presents sometimes confusing concepts in a format that is easy to understand and digest, with enhanced ebook features that make learning a cinch.
During the recent market turmoil, option trading volume actually increased, but many are still unsure of the opportunities that options present, simply because they don't fully understand how this market works. With Getting Started in Options, Eighth Edition, author Michael C. Thomsett looks to change this. In non-technical, easy-to-follow terms, this accessible guide thoroughly demystifies the options markets, distinguishes the imagined risks from the real ones, and arms investors with the facts they need to make more informed decisions.Opens with an introduction commenting on the recent market turmoil and the growing importance of options Contains new chapters on futures and index options Includes sidebar definitions and easy-to-follow examples that anyone can understand
Besides new examples, updated charts, and timely additions to reflect important changes in the markets, this edition also includes discussions on other important options issues, such as: how to calculate options returns; "test run" activities to try out new theories; and much more.
Short-term price movement in the market is always chaotic, and, as confusing as this is, it can become your greatest advantage. First, pick companies and stocks based on sound fundamental analysis. Second, time your purchase based on value, not fads. If you believe in the fundamentals, but you don’t know how to narrow down the list of what to watch, consider the following four suggestions....
Every technician and speculator is on the lookout for a magic sign that gives them the jump on everyone else: a simple, easily interpreted, and reliable red flag anticipating price turns easily and consistently. It doesn’t exist. But there is an indicator that adds a lot to your timing and comes close to the ideal in terms of strength and reliability....
A lot has changed in the last year in real estate investment. I've released this 2013 edition because the market is moving so fast and what worked last year won't necessarily work this year. The investors that stay on top of what works RIGHT NOW are ultimately the most successful.
This book is designed to show you how to build wealth and freedom through real estate; how to take advantage of the best real estate market that we will see in our lifetime; how to use real estate to create the life of your dreams.
Learn how to:
-buy bank owned property then quickly sell for a profit with little or no money
-identify the best properties in a given area and buy them for pennies on the dollar
-assess the value of a property in seconds
-create solid relationships with REO brokers, banks, and lending institutions that will bring you killer deals on an ongoing basis
-write contracts and make offers the right way
perform a "double-close"
-create a loyal list of buyers that will crave your properties
-quit your job and become a full-time Real Estate investing entrepreneur in weeks (not years!)
Profitable real-estate investing opportunities exist everywhere as long as you know what to look for and understand how to make prudent deals that transform property into profits. David Crook, of The Wall Street Journal, shows how to make safe and sane investments that ensure a good night’s sleep as your real-estate portfolio grows, your properties appreciate and your income increases. The Wall Street Journal Complete Real-Estate Investing Guidebook offers the most authoritative information on:
• Why real-estate investing is a great wealth-building alternative to stocks and bonds and why it’s crucial that you avoid get-rich schemes
• How to get the financing and make the contacts to get started
• How to start small and local, be hands-on and go step-by-step with a vacation home to rent out, a pure rental property or a small apartment building
• How to find and value great properties, do the numbers and ensure you have that beautiful thing called cash flow
• How the government blesses real-estate investors with tax breaks and loopholes, and how you can be one of the anointed
• How to deal with the nuts-and-bolts of being a landlord and have a strife-free relationship with your tenants
From the Trade Paperback edition.
Options are great for novice and experienced investors, great for all investors who wish to expand their portfolios and make money in stock market.Learn profitable and powerful options trading strategies which will lower your risk and increase your profits in today's market.
This book contains the following topics that will guide you through the path of Options Trading Strategy.
Chapter 1 Introduction to Options
The Importance of Learning Options
The Difficult Side of Options
Chapter 2a: Advantages of Options Trading
Hedging and Speculation
The Good and the Bad Sides of Options Trading
Chapter 2b: Nature and Characteristics of Options
Options Trading Parties
What is Call Option?
What is Put Option?
The Variants of Option
Option Trade Transacting versus Closing Out
Option Pricing and How It is Done
Chapter 3: Important Options Terms to Remember
Chapter 4: Should I Buy Futures or Should I Buy Options?
Buying Futures, Buying Options
Buying Options: Short Term and Long Term
Puts and Call – Buy Them but Don’t Sell Them
How to Make Money when the Market is Falling
Buying Puts for Surefire Gains
Buying Calls to Profit From an Up Trend
How to Profit when Buying Calls from a Bottoming Out Market
Chapter 5: How to Trade F&Os in Several Market Conditions
What It Means When You Buy in Wild Swings
Buying When Risk Aversion is High
Playing the Bull Market
How to Play in the Bear Market
Direction less Markets
Playing Range Bound Markets
Playing Intra day Moves
Being a Compulsive Trader
Trading a Falling Market Caused by Crazy Valuations
Trading a Falling Market Caused by Negative News
Trading a Rising Market Caused by Increasing Interest
Selling Puts Amidst High Tendency of Risk Aversion
Trading Accumulation and Distribution
Chapter 6: Understanding the Golden Rules of F&O Trading
Start by Having a Plan
Each Single Stock is Not a Trade
Don’t Buy a Mercedes if What You Can Afford is a Motorcycle!
Set Your Trades to a Maximum Limit of Three at Any Single Time
Don’t Trade Stocks That Have No Heavy Liquidity
Trade According to the Trend
The Value of Timing
Trade the Body and not the Head of the Price Move
Always Keep Track Of Your Emotions
Learn the Value of Being Consistent and Disciplined
Reality as Opposed to One’s Belief
A Trade is Born out of Positive Expectation that is Backed by a Positive Trend
Bread and Butter Money must be for Bread and Butter Alone
Be Contrarian in Your Thinking and Not When You Go Trading
Be Patient When You Find a Trade But Not When You Cut Losses
Emotions versus F&O Trading
The Value of Moderation in F&O Trading
Having a Profit Then Going Out With a Loss
When You Average a Loss in a Futures Position, You Are Simply Burning Money!
Avoid Watching TV!
The Unique Personality of Stock Futures and Options
Getting Different Results Mean Doing Things Differently
Buy Options in Low Cost/Premium
Buy Options When a Stock, a Sector or the Market is Trending Very Strongly
The Reality after Waking up from a Dream
Open Interest – How Real Can It Be
Understanding if the Option Price is Right
So What is the Real Deal on Options
Understanding How Options Really Work
Calls and Puts
Long and Short
European and American Options
Futures or Options?
The collapse in real estate prices from 2007 through 2012 was the most significant event in the real estate industry since the Great Depression. But today, with the real estate market rebounding, a new generation of investors is entering the field, eager to make their fortune.
Building Wealth One House at a Time, 2nd Edition provides you with a practical way to create wealth through an ethical approach of buying, financing, and managing property. Renowned real estate expert John W. Schaub takes you through his 9-step program and explains how to accumulate one million dollars’ worth of houses debt free in any market, while earning a steady cash flow.
This invaluable guide presents fresh strategies for buying and financing property, reflected in six new chapters on topics such as real estate cycles, financing real estate purchases, negotiation techniques, and retirement investing.
You’ll learn how to:
• Finance real estate purchases without going to a bank
• Recognize and capitalize on real estate cycles
• Improve your negotiation skills in any situation
• Avoid common and costly mistakes
• Create cash flow that lasts forever, and much more
Building Wealth One House at a Time, 2nd Edition reveals how virtually anyone can accumulate houses debt free and earn an income for life.
-make it easy for students to learn the material
-prepare students for numerous career applications
-stress practical, rather than theoretical, skills and knowledge.
It is more streamlined, direct and to-the-point than other books. It includes more learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors’ fifty combined years in real estate education.
Table of Contents of the 5th Edition
The Real Estate Business
Rights in Real Estate
Interests and Estates
Encumbrances and Liens
Transferring and Recording
Title to Real Estate
Real Estate Leases
Land Use Planning and Control
Real Estate Contract Law
The Brokerage Business
Contracts for the Sale of Real Estate
Real Estate Market Economics
Appraising and Estimating Market Value
Real Estate Finance
Real Estate Investment
Real Estate Taxation
Ethics: Laws and Practices
Real Estate Licensing and Regulation
Real Estate Mathematics and Formulas
Glossary of Residential Style and Construction Terms
Glossary of General Real Estate Terms
This outstanding reference has already taught thousands of traders the concepts of technical analysis and their application in the futures and stock markets. Covering the latest developments in computer technology, technical tools, and indicators, the second edition features new material on candlestick charting, intermarket relationships, stocks and stock rotation, plus state-of-the-art examples and figures. From how to read charts to understanding indicators and the crucial role technical analysis plays in investing, readers gain a thorough and accessible overview of the field of technical analysis, with a special emphasis on futures markets. Revised and expanded for the demands of today's financial world, this book is essential reading for anyone interested in tracking and analyzing market behavior.
This book contains the following topics that will guide you through the path of Technical Analysis Of Stock Market.
Table of Contents
A Good Trader
Traders vs. Investors
Types of Traders
Traders Type (Time basis).
Position Traders –
What is a Trend?
What are types of Trends?
Advantages of Trend Trading:
What is Swing Trading?
How does Swing Trading work?
What are the advantages of Swing Trading?
The How, When and What of a Trade
What Kind of a Trader Are You?
How to Trade Like a Master
Trading Only High Probability Opportunities
Find a Shoe That Fits Your Size.
Timing the Markets.
Your Trade Should Fit the Type of Stock You are Trading
Supply Choke or 'Punting' Markets
How Many Open Trades at a Time?
Risk Control: How to Stop Losses and Protect Your Gains
Why Some Traders Don't Use Stop Losses
Trailing Stop Loss
Stop Losses for Volatile Stocks
Using Stop Losses to Protect Your Profits
Stop Losses When Markets Open with Gaps
Stop Losses When a Stock is Being Manipulated
The Art Of Reading Charts
Overbought/ Oversold Overload
Gaps in Candlestick Charts
Weekly Charts-- For a Longer Trading Position
Using Hourly Charts 41
Be With the Stock On the 'West Side' and Let it Go On the 'East Side'.
Never Fight the Market
Don't Trade When You Don't Have Any Edge
Trading Pitfalls-- and How to Avoid Them
How much should you trade?
Buy High, Sell Higher
Going for the Jugular Trade
Trade With What You Can Afford to Lose
When Day Trading, Be a Fruit Vendor.
Winning the Game of Odds
Secrets of Open Interest
Riding the Longer Cycle
Channel Trading Systems
Improving Your Odds
Trading the Different Types of Rallies
Short Covering Rally
Long Term Rally
The Successful Trader's Psychology
Trading Replicates the Behaviour of Fish
Stop Blaming Others
Don't Have Preconceived Notions About the Market's Direction
Reading the Mind of Others Who are Trading Your Stocks
Beware the Trading Minefields
Trading Secrets from the Masters
This complete summary of the ideas from Robert Kiyosaki and Sharon Lechter's book "Rich Dad's Guide to Investing" explains that the rich position themselves as one of three general types of investors (sophisticated, inside, and ultimate investor) and invest in three different areas 'Education, Experience, and Excessive Cash'. This summary will allow you to identify these types and areas, thus changing your view on investing and allowing you to use your newly acquired knowledge to improve your own circumstances.
Added-value of this summary:
• Save time
• Understand the key principles
• Expand your business knowledge
To learn more, read "Rich Dad's Guide to Investing" and discover the investment habits of the rich.
Michael Corbett—host of Extra’s Mansions and Millionaires—shares his strategies, tips, and never-before-revealed insider techniques that have helped him make a fortune in real estate.
This book is for aspiring flippers, first-time home buyers, or any homeowner who wants to create big profits and own their ultimate dream home—mortgage free! Starting with the essentials, Corbett shares how to crunch the numbers to instantly determine a house’s profit potential. He then covers every step from purchase to sale:
• Get the profit-making house at the price you can afford
• Make the improvements that make you millions
• Insider secrets that save you thousands
• Take advantage of the market’s ups and downs
• Sell your home tax free and pocket the profits
Filled with practical tips, illustrated with before-and-after case studies and easy to use charts and worksheets, Find It, Fix It, Flip It! offers the insider expertise needed to tap into an exciting—and potentially limitless—new source of income and financial independence.
From the Trade Paperback edition.
How did the smartest people in real estate lose billions in one single deal? How did the Church of England, the California public employees’ pension fund, and the Singapore government lose more than one billion dollars combined investing in a middle-class housing complex in New York City? How did MetLife make three billion dollars on the deal without any repercussions from a historically racist policy of housing segregation? And how did nine residents of a sleepy enclave in New York City win one of the most unlikely lawsuits in the history of real estate law?
Not only does Other People’s Money answer those questions, it also explains the current recession in stark, clear detail while providing riveting first-person accounts of the titanic failure of the real estate industry to see that a recession was coming. It’s the definitive book on real estate during the bubble years—and what happened when that enormous bubble exploded.
My name is Cory Boatright. I am 35 years old and since my early twenties I have started, run, or been directly involved with almost 40 different companies.
I have sold everything from Ginsu knives on eBay, Kirby vacuum cleaners door-to-door, all the way to $50,000 high-end electronics Online.
Out of the forty-something companies only TWO of them ever proved to be worthwhile endeavors. The other thirty-eight I decided to call "business therapy."
Interestingly enough, both of the successful companies harnessed the power of the Internet to make their profits. After bringing in almost 4 million dollars in sales from my first start-up. I sold it and directed my passion to the world of real estate investing.
Why real estate?
Well, most of my affluent customers in my first business owned real estate so I knew there was something to be learned in that industry. I was a complete novice to it And...oh...by the way before I forget...did I mention that I didn't even graduate from high school? Apparently my drive to succeed coupled with my persistence to not fail clouded my judgment of the value of a formal education. So instead, I settled for a G.E.D.
I'm not looking for any pity-party. I just mentioned this to demonstrate that if a highschool dropout can make it, the doors are open for just about anyone else to do it too.
Now fast forward a bit into my real estate experiences. I started out being a "bird dog" which means I was out finding good deals on properties and getting paid a finders fee for it. That fee was usually $500 - $1,500. After I learned how much money the investor was making selling the houses I was bringing him, I quickly learned how to assign, wholesale and flip distressed properties.
That brought in checks anywhere from $3,000 - $10,000. Not bad, but I had a hunch those properties were worth a lot more after they were fixed up.
So I decided to put together a "skeleton" rehab crew and thought I would make $15,000 - $30,000 per deal, but I was sadly mistaken.
My rehab attempts ended up being more of a mirage instead of a real profit center. My $30,000 paydays actually came out to be more around $17,500 after considering all the contractor frustrations, material costs, labor, marketing, selling and other holding costs.
Needless to say I had more fun assigning contracts.
It wasn't until around 2004 that I stumbled my way through a short sale and I made over $30,000 on that deal!
That was the most money that I had ever made on one single real estate transaction.
I couldn't believe the lender would accept less than what was owed for a payoff.
I was immediately hooked and quickly learned everything possible about the short sale process. The more I learned about Short Sales, the more I was asked by other investors to partner on deals.
I quickly became known as the local "go-to" guy for doing short sales. Other investors continually asked me how they too could learn to do what I was doing. So after being asked by numerous fellow investors to teach and coach them on the subject, I decided to "dive in head first" and write my first information product/home study course.
What I discovered in real estate investing was something I never expected. Not only was the short sale niche secretive, but the entire industry. And the "real truth" was shared only amongst a small, tight knit group of investors, but not anymore.
I've cornered the "top dogs" in their niche of real estate investing and forced them to talk. When you finish reading "Real Estate Recession Riches" you are going to be smarter and wiser newbie or advanced real estate investor. Period.
Remember... be a servant,
Cory Boatright is a flat out ge
The days of real-estate mania—when you really couldn’t go wrong with buying a home, then selling it in a few years for a lot more than you paid for it—are over. Inflated prices and the “subprime” mortgage crisis have finally burst the bubble. Now, more than ever, it’s important for current and prospective home buyers to understand just what they’re getting into when they take that plunge—and to think smarter when it comes to making the most of their biggest asset.
The Wall Street Journal. Complete Home Owner’s Guidebook shows readers how to become savvy home buyers—and eventually owners—not only in this new, uncertain era but in any market:
• Understand the benefits and pitfalls of owning versus renting
• Make sense of the housing market—ask the important questions, factor in the unforeseen costs, and explode the big myths of home ownership
• Take advantage of current opportunities if you’re a first-time home buyer
• Overcome the challenges if you’re looking to trade up or cash out on your home for retirement
• Make the best profit on your home in any market
• Understand why your home—your number one asset—really isn’t such a
From the Trade Paperback edition.
Audience: The investor looking to invest in real estate using lease options.
Lease Options are becoming quite the buzz word lately. Years ago it was harder for me to get Realtors to even consider a Lease Option for their clients. Today, markets all across the country have changed. Lease Options are currently a viable industry trend and needed for many sellers to sell their homes.
What is a Lease Option?
A Lease Option is a way to purchase real estate, usually with very little or no money down, sometimes even with money back in the investor's pocket. Sound too good to be true? Well, it isn't. Can an investor end up with money in their pocket and not have to put 10-20% down to purchase real estate? Yes. This technique is used commonly today by the most successful real estate investors.
The lease option strategy gives an investor the right to lease a home and also the right to purchase the home during or before the end of the lease period. An option is a contract that gives an optionee the right to exercise a privilege - and in the case of real estate investing, it gives the optionee (investor) the right to purchase property during a contracted period of time. It is a technique that involves gaining a control' of a property, without the total burdens of ownership.
ALL money made in real estate is made by controlling property. Owning property is the most obvious way to control it, but control is possible without ownership - and control is what makes the money. It was a dying John D. Rockefeller who told all of us his secret to achieving great wealth, "Control everything, own nothing." All of the most successful real estate developers today utilize options, in one form or another.
A sandwich lease option involves the investor selling the home to a tenant buyer through "sandwiching" themselves in the middle of the deal.
When doing any lease option deal, it is one of my mottos that everyone must win or don't do the deal. There are 3 people involved in a Sandwich Lease Option: the seller, you (the investor) and the tenant/buyer. It must be a win/win/win, otherwise walk away.
Sandwich lease options are extremely profitable for real estate investors.
This complete summary of the ideas from Peter Conti and David Finkel's book "Buying Real Estate Without Cash or Credit" shows that the real estate investment field is still wide open, and anyone who wants to can still make good money by buying and selling real estate. This summary presents the five core skills of real estate investment success. According to the authors, once you master these five skills, you have everything you need to get started today making money investing in real estate. To reap the big rewards, however, it’s not enough just to know what these skills are. You also have to apply them in your own real estate investment activities day-by-day and week-by week.
Added-value of this summary:
• Save time
• Understand the key concepts
• Develop your business knowledge
To learn more, read "Buying Real Estate without Cash or Credit" and discover how to succeed in real estate.
"This book clarifies and explains why Mexican real estate, when using proper safeguards, can be a terrific, secure investment," said Creekmore, who has
spent the past 15 years working to provide title insurance policies for
Americans and Canadians in Mexico. "It will also explore the purchasing
mistakes of the past, summarize several of the attractive new locations that
are luring foreign dollars and explain why Mexico is so eager to welcome
second home buyers from outside its borders."
The worst thing a potential purchaser can do is to remain ignorant of the
law and procedures involved in the conveyance of real estate in a foreign
country. As we state several times in this book, Mexico is not the perceived
"Wild West" where anything goes and the prevailing Mexican attitude is
"trust me, no problema." It is inherently important for non-Mexican buyers
to understand that Mexico has formality of law with authorized regulation of
real estate development procedures at all levels. This process is coupled
with a statutory government framework for the legal conveyance of real
Great personal wealth has been attained through real estate ownership, but
for most of us, it has been limited to investment in a primary residence.
Although Mexican real estate also can be a viable investment venue,
Americans have had a great deal more trepidation considering properties
"south of the border." And for good reason-considering the history of some
Given today's investment climate, however, Mexico provides an attractive,
alternative arena for potential investment. Real estate in Mexico should
have a similar appreciation "upside" as does real estate in a U.S.
development-coupled with the advantage of use and enjoyment of the property
as a vacation residence. This book clarifies what's possible.
Seller, Property Millionaire Simon Zutshi will show you how you can
build a GBP 1 million property portfolio and a GBP 50,000 income in just
12 months, by revealing some of the success secrets behind his Property
This revised edition includes a brand new chapter on Property Options,
New case studies and extra content such as: The 5 questions to ask
Estate Agents to get them to find the best properties for you; How to
pay off your mortgage in 8 to 10 years and build a property portfolio at
the same time: How to quickly and easily asses if a property will make
positive cash flow for you; and How to recycle your deposit every 6
months using “Momentum Investing”.
The essence of the book is that no matter where you live, there are
motivated sellers in your area who will sell their property to you for
well below the true market value. This means that you can build a
substantial property portfolio using very little of your own money.
Simon will show you how to find these motivated sellers, how to deal
with them and structure an ethical win/win deal.
The book is designed to open your mind, stimulate your thinking and make
you aware of some of the current possibilities available in property
If you are a Real Estate Professional who needs more buyer & seller leads, this report will teach you how to use the newest social media technology to achieve that goal. So buy this book and get started - It's almost free!!
"If I buy a house in Mexico, don't I get a 99-year lease from the government?"
"I understand that I can buy a residence in Mexico only if the title is vested in a Mexican corporation."
"I didn't think Americans could own Mexican beachfront properties."
All of these suppositions are incorrect. This book attempts to help clarify and explain why Mexican real estate, when using the proper safeguards, can be a terrific, secure investment. It will also explore the purchasing mistakes of the past, summarize several of the attractive new locations that are luring foreign dollars and explain why Mexico is so eager to welcome second home buyers from outside its borders.
The worst thing a potential purchaser can do is to remain ignorant of the law and procedures involved in the conveyance of real estate in a foreign country. As we state several times in this book, Mexico is not the perceived "Wild West" where anything goes and the prevailing Mexican attitude is "trust me, no problema." It is inherently important for non-Mexican buyers to understand that Mexico has formality of law with authorized regulation of real estate development procedures at all levels. This process is coupled with a statutory government framework for the legal conveyance of real property.
Great personal wealth has been attained through real estate ownership, but for most of us, it has been limited to investment in a primary residence. Although Mexican real estate also can be a viable investment venue, Americans have had a great deal more trepidation considering properties "south of the border." And for good reason--considering the history of some acquisitions.
Given today's investment climate, however, Mexico provides an attractive, alternative arena for potential investment. Real estate in Mexico should have a similar appreciation "upside" as does real estate in a U.S. development--coupled with the advantage of use and enjoyment of the property as a vacation residence.
What can Canadians do to be prepared financially for retirement and to take advantage of the "once in a lifetime" buying opportunity that will follow the bubble bursting? All these answers can be found in When the Bubble Bursts.
Written by Canada's top-selling real estate investor and author Don Campbell and Kieran Trass, a leading expert on real estate cycles, the book will drill down into the various causes that affect real estate trends, such as local and global economics, population migration, employment levels, affordability of rental housing, real estate listings and other factors, to provide a scientific basis for assessing current trends and where those trends are heading. Complete with charts, checklists, and real-life stories, The Canadian Investor's Guide to Secrets of the Real Estate Cycle will be an indispensable guide for all investors.
You're about to uncover the secrets to making thousands and thousands of dollars flipping houses, with risk free, recession-proof strategies that anyone can use!
If you can read, you can implement this amazing blueprint and unlock your money-making power today! Stop allowing these so-called gurus to talk over your head. Finally breakthrough with a simple, step-by-step blueprint to quick cash through real estate investing!
No risk. No money out of pocket. Unlimited income potential. Recession-proof.
Wholesale real estate is simply the fastest cash of any real estate transaction. Stop sitting on the sideline. Get in the game today with the insider secrets the pro's use with Quick Flips and Fast Cash.
For the first time, the authors of Regaining the Dream offer data-driven evidence on how the mortgage industry can serve working families in the United States, pointing the way to a pragmatic housing policy that promotes the opportunity for sustainable homeownership.
Taking the reader step by step through the lending crisis and what caused it, the authors include useful and clear definitions of terms heard almost daily in news coverage. And they give a fair account of the history behind Fannie Mae and Freddie Mac and the new Dodd-Frank law, explaining what remains to be done to uphold one of the defining characteristics of the American dream.
Whether you want to prepare for retirement or just make a little extra money on the side, Getting Started in Property Investing For Dummies, Australian Edition, is the perfect way to take advantage of one of the most reliable and profitable investment vehicles in history. From weighing up your investing and financing options to managing the ongoing costs of real estate and building a long-term portfolio, this handy guide gives you the practical help and smart advice you need to get started. Ideal for entry-level investors who want to add brick-and-mortar assets to their investment portfolios, this book covers where to find capital, how to finance purchases and get the best mortgage terms, how to measure the value of properties, basic landlording guidance, and more.Offers practical property investing guidance for first-timers Completely up-to-date with the latest information on the current state of Australian real estate Bruce Brammall writes on property investing, personal finance and tax matters for the Herald Sun, the Eureka Report and News Limited's Your Money, and is the principal advisor and mortgage broker with Castellan Financial Consulting and Castellan Lending
If you want to get started in real estate investing—as a full-time endeavor or just an addition to your current investment portfolio—Getting Started in Property Investing For Dummies, Australian Edition has you covered.
This summary of the ideas from Hollis Norton's book "How to Make It When You're Cash Poor" shows that despite the property meltdown of recent years, anyone can still make big money in real estate, even if they don’t have much cash to put down. The key is to solve a problem for the sellers, creating a win/win situation – they win by getting a problem solved and you win financially by being creative. Investment in property still remains the safest, most secure and profitable way to go about building a fortune. This summary takes the reader through every aspect of buying, renovating, maintaining and selling. It explains how to invest when you have no money, how to research your market, how to calculate real market value and how to talk intelligently to sellers. It tackles possible problems and most importantly of all, it sets out a long-term strategy whereby property can become your most profitable pension. In short, real estate management and wealth creation isn’t complicated, even in today’s climate. Anyone can learn how to create a steady, long-term income.
Added-value of this summary:
• Save time
• Understand the key concepts
• Develop your business knowledge
To learn more, read "How to Make It When You're Cash Poor" and discover a comprehensive guide to succeed in real estate management and create wealth.
You can find plenty of books about flipping houses that claim "anyone can do it." Flipping Houses For Dummies takes a different approach—honesty. We don't claim that flipping houses is "easy" or "simple" or "risk-free," because, quite frankly, it isn't.
Flipping Houses For Dummies reveals the risks and rewards of flipping properties; helps you determine whether you have the time, energy, cash, and other resources to be successful; and then conveys the expert knowledge that those who wish to pursue house flipping need in order to minimize risk and maximize potential profits in a very competitive market.Negotiating strategies to close deals faster Mortgage myths in the new economy Time- and money-saving tips for making every day and every dollar count New strategies for scoring bank-owned and foreclosed properties Quick makeover solutions on everything from curb appeal to kitchens and bathrooms
Flipping Houses For Dummies provides plenty of examples of successful and not-so-successful property flips, presenting the total investment (in time and money), the work involved, and the net profit. If you're ready for hard work and big profits, start flipping!
Known as the King of Condominiums and the Steven Spielberg of Real Estate, top developer Jorge Pérez reveals his principles for achieving success in even the toughest real estate market through a clear, step-by-step process. Pérez specifies effective business tactics that will lead to evergreen profits, including:
? Key points to smart investing
? Cardinal rules for picking and building property
? Commandments on negotiating the best deal
? Valuable tips on securing equity
? Steps for successfully selling property
Finally, Pérez explains how to manage and grow investments over the long term.
Emphasizing the importance of staying flexible in an ever-changing market, Pérez offers personal anecdotes, key business philosophies, and top insider methods to inspire and motivate any investor or entrepreneur to achieve the ultimate success in real estate.
This complete summary of the ideas from Robert Kiyosaki's book "The Real Book of Real Estate" shows that the best way of learning the ins and outs of real estate investment is to observe the experts. In his book, the author provides the real estate tips and techniques taken from the best in the business to help you see how great an investment in real estate can be. If you follow the advice, you will know how to make the right investment and how to incorporate real estate into your long-term financial strategy.
Added-value of this summary:
• Save time
• Understand the key concepts
• Expand your investment know-how
To learn more, read "The Real Book of Real Estate" to find out why you should start investing in real estate today!