How to Buy Foreclosures and REOs

So often you hear advertisements for foreclosure listings, companies promise to give you a laundry list of foreclosures, but for a small catch – you have to pay for it!  But know, there is no need to pay for these listings.  There are several ways to view foreclosures in your area and the best part of it all – it’s absolutely FREE! [Read more…]

Getting Started in the Market – Investing 101 (Pt.1)

investing, jars of moneyBefore creating your investment plan, there are some things you simply need to know. Many people express a desire to invest and often seek investments which they believe could bring about the largest returns.  But prior to investing, you have to first identify your purpose for investing, understand how much risk you are willing to take, and then and only then, you would be able to identify the right investments for you. [Read more…]

Diversify your portfolio with human capital

With any investment portfolio, diversification is critical in order to maximize return. Diversification can simply be defined as “not putting your eggs into one basket.” Although this is often preached, the choir is usually the first to ignore it.

We witness it all the time! For example, along with the collapse of Enron, came the collapse of its employees’ retirement plans. Why? According to The New York Times, Enron’s 401k’s asset value was approximately $2.1 billion prior to the collapse, with more than half of its assets invested in the company’s stock. Although employees had the option to choose other financial assets, satisfied with Enron’s financial performance, many invested heavily in the company’s stock. Therefore, when the company’s stock plummeted, employees’ retirement accounts were wiped out in little to no time. [Read more…]