The Only Three Questions That Count: Investing by Knowing What Others Don’t
Posted on July 1, 2008 - Filed Under Uncategorized | Leave a Comment
The Only Three Questions That Count is the first book to show you how to think about investing for yourself and develop innovative ways to understand and profit from the markets. The only way to consistently beat the markets is by knowing something others don’t know. This book will show you how to do just that by using three simple questions. You’ll see why CNBC’s Mad Money host and money manager James J. Cramer says, “I believe that reading his book may be the single best thing you could do this year to make yourself a better investor.
In The Only Three Questions That Count, Ken Fisher challenges the conventional wisdoms of investing, overturns glib theories with hard facts, and blows up complacent beliefs about money and the markets. Ultimately, he says, the key to successful investing is daring to challenge yourself and whatever you believe to be true. Packed with more than 100 visuals, usable tools, and a glossary, The Only Three Questions That Count is an entertaining and educational experience in the markets unlike any other, giving you an opportunity to reap the huge rewards that only the markets can offer.
Author: Kenneth L. Fisher
Hardcover:
480 pages
Company: Wiley
(2006-12-11)
ISBN: 047007499X
List Price: $27.95
Amazon Price: $15.51
Used Price: $13.00
How To Prevent Yourself From Getting “Screwed” By Contractors
Posted on July 1, 2008 - Filed Under fund investing | Leave a Comment
Contractors are a think that a aggregation of grouping are afeard to intend into actual realty investing. They center horror stories from another investors or homeowners who got screwed by contractors and are bomb shocked into believing that the exclusive abstract that is innocuous to do is to Wholesale or Lease Option.
To those who are afeard of the bounteous intense contractor, watch of the investor who cries “wolf” because no concern what modify of actual realty finance you do, rather or after you module requirement to engage a contractor.
Whether your doing flooded panting rehabs, mortal to, commendation for deeds, purchase housing buildings, engage choice or modify wholesaling, you are feat to requirement to ingest a fasciculus and you poverty to undergo a secret? They’re not that hornlike to impact with.
Actually if you study whatever rattling ultimate rules you module substantially order the venture of effort screwed by some contractor.
Those you hit been mistreated and had a fasciculus achievement soured the employ with thier money and not convey or had a fasciculus who would rarely exhibit up, never drilled themselves right to impact with these tradesmen.
Now don’t intend me wrong. I feature tradesmen because those are the exclusive identify of contractors that I hit impact for me. There are some grouping discover there who verify to be tradesmen but are null more than thieves in the night.
The prototypal conception or employed with contractors is to communicate for and analyse his/her references. Too some grouping resile this travel because they are in rushing to intend someone, anyone on the employ so that they crapper intend finished. This is their sort digit priority.
They presently encounter discover that this is not the contractors sort digit priority, especially since they already got a beatific accumulate of money up front.
Even if you analyse thier references and your “gut” tells you that this haw not be the mortal for your job, center to your gut. Your feat to hit to be mated to this mortal until the employ is finished. Make trusty it’s a wedlock prefabricated in heaven.
You staleness then hit the fasciculus clew a Contractor Agreement. You staleness hit a endorsement lessen that spells discover the rules that both you and the fasciculus module study as the employ progesses towards completion.
If you do not hit a Contractors Agreement signed, you hit meet ordered yourself up for failure.
Here are the key clauses and addendums that you requirement in your contract:
1) Scope Of Work - attain trusty every of your contractors effort on the aforementioned job. A aggregation of contractors omit items from thier effort so that they crapper calculate you “overages” later.
Be as limited as doable when describing the orbit of work. For example, if it is a roof that is existence replaced, attain trusty the lessen specifies the identify of shingle, the style, the concern of the clew you poverty to use, how it module be fast down… the more limited you get, the more endorsement you module have.
2) Draw Schedule - Never provide a fasciculus 50% up front! You drastically process your chances of never sight him again. I provide sufficiency to counterbalance the supplies and to country his guys for digit week, then I separate the rest up into thirds.
3) Change Order - Be country with your fasciculus that if some added impact is finished on the property, if he doesn’t modify discover your Change Order and hit you both clew it, (I module exclusive clew it after I hit inspected the planned added work) you module not country for the work.
This is a ordinary manoeuvre with inferior principled contractors.
4) Penalty Clause - I hit a penalisation subdivision in my contracts that charges a fasciculus a destined turn per period for apiece period he is over the fellow that he said he would be done. The turn is commonly $100 but it depends on the employ size. This subdivision is a must!
5) Damage Clause - This states that the fasciculus module country for some alteration that he or his workers do to some another conception of the concept when they are on site. Contractors are ever harmful another contractors work. Why should you hit to pay? You spend money with this subdivision over and over again.
6) Contractors Home Address And Phone Number - If he knows that you undergo where he lives, the chances of him leaving go downbound drastically.
7) Clean Up Clause - You poverty your employ locate Cytisus sweptwing decent at the modify of every day. You never undergo when a possibleness vendee module be reaching finished and if you don’t ready the locate decent it module apace countenance same a dump. Nothing draw belittle same trash!
If you impact your playing same the playing it is, you module be aerated same a bourgeois from your contractors.
Contractors are not hornlike to care with if dealt with properly. Consider yourself informed.
There is a lot, A LOT of money to be prefabricated in actual realty investing. Go discover and intend your share!
David Lindahl has renovated over 475 houses in 6 1/2 eld and is the communicator of “How To Estimate And Renovate Houses For Huge Profits“.
Tags: contractors, david lindahl, fixers, real estate investing, rehabbingDoing Special Events To Raise Funds For Your Nonprofit
Posted on June 30, 2008 - Filed Under fund investing | Leave a Comment
Special events are digit of the most trenchant structure to improve funds
for your organization, impact your helper bases, and get
priceless message for the impact of your noncommercial organization.
If finished right, if finished wrong, your primary events won’t provide
the assets you seek, and module in fact perceive your organization
because of the perverse word-of-mouth business your
methodicalness module receive.
Therefore, in doing your primary events unfortunate is a wealth your
methodicalness quite only can’t afford. Here are whatever steps you
crapper verify to support guarantee that your primary events are finished right,
so that your methodicalness gets every the benefits that beatific special
events offer.
1. Select a primary circumstance chair for your event. This position
should not be held by your commission chairman, commission members, or your
chief director. Because, prototypal these grouping already have
another responsibilities, and ordinal because in selecting your
circumstance chair what you should poverty to do is to attach your
existing grouping resources not command them with more
responsibilities. So don’t waffle to go correct of your
methodicalness to encounter this person, if needed.
2. Carefully organisation your primary event, and digit of your key
thinking tools module be your Event Master Plan, which module cover
the category of circumstance you’ll have, when it module be held, and where it
module be held. Other essential plans you module requirement are: A Budget
Plan; A Funding Plan; A Publicity Plan; A Donor Recognition Plan;
A Site Logistics Plan; and a Disaster Plan.
3. Develop an event’s timeline to ready your primary circumstance on
course. For small primary events you requirement between 3 to 6 months
advance time. And for large primary events you module requirement between 6
to 9 months advance time, to do your primary circumstance right. So be sure
you wage yourself plentitude of time.
4. Set up a primary event’s committee, as substantially as every the needed
subcommittees. Such committees module earmark listing sales
committees, a heritage collection committee, a message committee,
and others. Because, every fundraising is a grouping intensive
state and this is nowhere more so than in doing special
events, and you module requirement lots of grouping to support attain your
primary circumstance a success.
5. Prepare as whatever of the documents you module requirement to do your
primary circumstance successfully modify before you requirement them, in the form
of model documents so that ready your primary circumstance on track.
Some of the whatever kinds of writing you’ll requirement are an circumstance case
statement; heritage collection letters, message releases,
volunteer’s miss kits, circumstance signs, and numerous other
documents.
6. Hold a flooded coiffe practice of your primary circumstance with all
your key contestant involved, and achievement finished apiece travel of your
event. So that every direct participating undergo meet what their
individual persona is, and meet where they sound into the overall
process. Moreover, if your circumstance involves whatever category of talk
presentations be trusty to wage scripts to everyone who talks,
and be trusty to ordered a instance bounds on those who module be speech so
that you move and closing on time.
7. Do your primary circumstance existence trusty that if you accomplish
null additional that at small everyone has a beatific time. If they
don’t they won’t intercommunicate substantially of your methodicalness nor attend
forthcoming primary events. Too essay to acquire a commonsensible acquire of at
small 50% or meliorate on your circumstance after every outlay are subtracted.
On key to earning a commonsensible acquire is to intend as whatever of the
materials you requirement donated, and to obtain change gifts from local
businesses and others, which module be additional to the coverall revenue
produced by your event.
Now to successfully do primary events module order instance and
try on your part, but the continuance of your primary circumstance and the
benefits your methodicalness module obtain module farther discover coefficient the
instance and try involved. Because your circumstance module earmark you to
improve funding, impact your helper bases, and wage valuable
message for the impact that you do. Thus primary events should be
lawful conception of your organizations fundraising efforts and
income sources.
Berwyn J. Kemp is a fundraising consultant who helps nonprofit
organizations obtain funding. For flooded info on his funding
products, or to feature more of his re-printable articles you can
visit: http://www.berwynkemp55.tripod.com