Articles to Read

Wealth

10% Solution for Wealth

A10% plan can build your wealth. Do you think a person earning $20,000 per year can become a millionaire? Absolutely! Anyone can do anything they set their mind to it and if they develop a realistic plan and stick to it. Let’s take a look how. John is a hard working man earning $20,000 per year in his job. Through the lessons he has learned in this course, he has learned to reduce the money he is spending on taxes, life and health insurance, health care, food, and cars. He has also learned the importance of planning for retirement and [Read More Now...]

45-45-10 Plan to Wealth

Strategy: 45/45/10 Plan—A balanced approach to investing. 45% Cash Flow. Focus on cash flow strategies first. This builds multiple sources of cash flow. If we have more than just job income it keeps us safer. And or allows extra money to build wealth, or leverage. Strategies to consider are: Get a job. A good start, but not the only solution.Credit Spreads. Monthly income from the stock market.Covered Calls. Rent your stocks out and get paid.Rental Real Estate. Single residence, duplex or triplex.Commercial Real Estate. Mobile Home [Read More Now...]

Cash Flow Strategies. 147 of them. :)

Loss of Income? Furloughed? Need Extra Money? 2sd Income? Does not really matter. Find attached over 147 money making ideas. Just a few: Sell your junk (treasures) on Ebay. Build an Amazon store. Rent out that extra room, or garage space. Rent out your car. Get paid to put signs (wraps) on your car. Trade for a living. Buy real estate for no money. Get paid for you opinion on products. And many more. Click Here and Down Load the [Read More Now...]

Dare to be GREAT!

One of my mentors, Charles J Givens (best-selling financial author), often talked about his relationship and friendship with Glenn Turner. Glenn was an outstanding leader and marketer in the 1970’s. Glenn’s motivational and inspirational message changed the lives of thousands of individuals. I had a chance to meet Glenn on a couple of occasions, even having dinner with him. His message in the 1970’s was just valuable now as then. In life you have to Dare to be Great! Be greater than the obstacles in your life. Be the victor [Read More Now...]

Getting Started with Real Estate

Getting started is often the biggest challenge for most folks. Therefore, here are 20 plus steps you can start in the next 30 days. Set goals: A simple goal, like buy one rental property in the next 90 days. Now, add some objectives to that goal like: prospect 100 properties, visit 30, negotiate 15, put offers on 10, etc.Understand the principles of a good deal. You must know how to calculate: a cap rate, cash on cash, fair market value, and Gross Rent Multiplier. If you do not know these terms, research them and learn them before you [Read More Now...]

11 Wealth Strategies

Recently my friend Bill Bronchic (real estate expert) and I, (financial), did a 1 day ZOOM training. Highlighting issues and opportunities right NOW May 9th 2020. As part of that I went through about 26 strategies (and more). Here are few you might want to borrow: Specialized Knowledge. Napolean Hill had it right. You need knowledge about real estate, stocks, options, and financial choices, before you build a plan. You must have the big picture in mind, before you get into the little details. Strategies. Wealth Wheel. There are 6 basic areas [Read More Now...]

CANSLIM Growth Strategy

No one style of investing fits all people, but I subscribe to the 45/45/10 Investing Method. 45% of your investing should in CASH FLOW strategies, 45% growth strategies, 10% (or less) in higher risk, higher reward strategies. One of the first “systems” I learned in my twenties, was the “CANSLIM” method of investing. A system developed by the founder of “IBD”, Investors Business Daily. This system works very well in an up-trending market, OK in a flat market, and poorly in a down trending market. All stocks, [Read More Now...]

Stock Market Leverage

Jim Francis
Strategy: Leverage—tool of the rich.  I talk about the Wealth Wheel: Education, Cash Flow, Growth, Big Hits, Leverage, Taxes and Asset Protection. A key element to the Wealth Wheel is Leverage. The ability to take something small (capital, opportunity, energy or intellect) and leverage the item, into a huge result.  Leverage is an important element to wealth, and even success. Taking limited resources and using them to capacity. Whether in business, real estate, the stock market or life, this is a philosophy and strategy you should [Read More Now...]

Stock Market Seasonal Patterns

Jim Francis
There are several seasonal patterns in the stock market that can help you make money, or save money. Here are a few of them: Best 6 months to invest. From Nov 1 to Apr 30 the stock market goes up, on average 7.4 percent. From May 1 to Oct 31 the stock market is generally flat with a .4 increase. In addition generally, most of that increase happens Nov, Dec and Jan. Feb-Apr the market is choppy going up and down. Therefore the best times to see gains in an up market are Nov-Jan. In fact there is an old say in the stock market in May, go away. [Read More Now...]

Life Insurance Options

OK. With all this folk on the C-19 virus, and DEATH count, I have had a couple questions from folks about LIFE INSURANCE. First. I use to have my life insurance and variable annuity license. They have expired. I am not trying to sell you anything. Just educate you on Life Insurance. So a few thoughts. Life Insurance is generally used to replace income for the bread winner. So. If you are single, you really do not need life insurance. Children do not need life insurance. If your married. Generally insure the bread winner. Now if both of you are [Read More Now...]

147 Money Making Ideas

Wrote this for a friend last year. Some ideas to make money on line. Benefit from assets. Rent or Sell. Sell on Ebay or Amazon. Improve ROI. Make your money make money. Get money for advice, or opinions. Rent your car. and MORE. ENJOY! Download now at 147 Ideas. [Read More Now...]

Credit Repair Strategies

Strategy #2:  Fix Errors  Once you have the report, look for errors. Correct all information that is wrong. Common things to look for are: Social Security NumberAddress changes or incorrectBankruptcy older than 10 yearsDelinquencies 7 years or more. Debts that are not yours. Duplication of accounts.  Whether you are on line, or off line (paper), you challenge the information and ask them to correct errors. The Fair Credit Reporting act gives them 30 days, once notified to correct or confirm the information as [Read More Now...]

Get Your Credit Report for FREE. Once a Year.

There are basically 3 credit bureaus that track credit rating. Although all use different terms (beacon, emprica, Issac Risk), they basically track: amounts, payment history, activity, type of credit, days late, number of accounts, who gives your credit, if open, or closed, and use of credit. The 3 services are listed below: www.equifax.com www.transunion.com www.trw.com Credit report accuracy is important as they contribute to your overall “credit score”.  There tends to be a number of mistakes on credit reporting history, some [Read More Now...]

Market Bottom?

We will need to see, what happens in the next couple of days, but the market went a little sideways today. 2 side by side, dojis. A sign of indecision. Does not mean it is over, but a good start. Need to watch for the next few days. See if there is a pattern (i.e. flag, cup, island, double pipe bottom. Will be looking at asia and europe in the morning Friday. Just for a hint of USA action. But some times USA leads the way. Now a moment of caution, anyone that knows “flags, wedges, pennants” Also, know often the market flags, then [Read More Now...]

OK. Market Crashing!

Jim Francis
So. Many of you know, I trade. One of my favorite trades is CREDIT SPREADS. A Cash flow system, the works well in most markets. Win 9 times out of 10. And occasionally need to adjust the trade if the market goes crazy. Which it has lately. Lots of folks, ask “whens it over?” “what do I do now?” Now, let me make this clear, I do not have any financial licenses (I did in the past), so I am not giving any financial advice or specific recommendations. As I do not know, if you have 10 bucks or 1 Million. But here are some [Read More Now...]

Refi your mortgage?

Wow. Historic low interest rates. That is a great time, to consider, a refi of your mortgage. Or even some investments. Now pretty much every financial advisor will tell you not to borrow to invest, it is actually on the Securities Test. But if you can borrow money at 3-6%, what could u do with it? That equity is not making you any money. Perhaps you could consider, stock, or commodities at all time lows? Or even consider Tax Liens and Deeds for those folks that might not pay their property tax this year. Or just lower your monthly payment. A [Read More Now...]

Need Extra Cash? Check these Ideas out Now!

Need some quick cash. Can’t make the bills at the end of the month. Want some extra cash to invest? Consider these quick ideas to find cash: Cash Back on Credit Cards. Go to www.bankrate.com find the cards that give cash back. Sell Your College Books. Check out www.sellbackyourbooks.com to get some quick cash. UBER, Ubereats or DoorDash. Make some extra income for delivering FOOD. Try OFFERS. And get paid. www.cashcrate.com offers money to do surveys and referrals. Sell on EBAY. You old stuff, can be a treasure to someone else. Sell what [Read More Now...]

Leverage the Key to Wealth

Leverage is an important element to wealth, and even success. Taking limited resources and using them to capacity. Whether in business, real estate, the stock market or life, this is a philosophy and strategy you should master. Let me give you some real life examples, of how to apply this tool to various areas in building wealth. Strategy: Stock Market Leverage Options can be great leverage in the stock market. If you know, what you are doing. Otherwise they can just be a waste of money. Ensure you get a strong education on options, before [Read More Now...]

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