Month: July 2017

                   INVEST IN YOUR ONLINE BUSINESS–Ten Reasons

1. Best Return of any investment

No other investment I know of can bring the rewards of having your own business.  A small investment can bring a phenomenal return.  One man I know about turned $718 into an average of $6,500 a month in less than two years. True story. There are many other examples.

2. A little money goes a long way

You can turn a paltry $359 a year into thousands a month. There are many who are making over 300 referals in a year which comes out to $52,500 a year. or more.

3. You invest mostly time at first

You will invest a little time getting rolling.  But after a year or two money will be rolling in. If you stay with it and finish the whole course I can guarantee that.

4. Learn first then earn

First you will learn what to do . Then you will learn how to do it. Like learning how to use keywords to build traffic.

As your experience grows so will your confidence.  Then your earning power will definitely grow too.

5. You have control

With your own business you will have more control over your results than you could on Wall Street.  There is nothing else like it.  If you work a little longer or a little smarter you can double your money in a short time. Maybe even in a matter of months.

6. Affiliate marketing is the easiest way

Affiliate marketing is the easiest way to start to earn money online.  It is the idea that you don’t have be big or rich and famous.  People will trust the company like Amazon.  You will get a percentage of the money spent by people on your website.on Amazon products.

7. If you can talk  or write an email to a friend you can do this

If you can talk you can write.  If you can write an email to a friend you can blog.  Blogging is just writing like you talk. This is one of the easist ways to make money online.

8. Explosive growth

Not only is explosive growth possible but it likely if you persist.  Invest only $718 and turn it into a 10,800 % increase in 2 years or less.. That is an average of $6,500 per month.  That is what my online friend did. While I can’t guarantee you will equal that, you might do better.

9. Real people are making real money  

Many people in the Wealthy Affiliate program are doing very well.  The top earners make over 300 Premium sales in a year.  If you made only 100 Premium sales in a year you would be at $17,500. Not bad for part-time work.  Making much more is definitely possible.

10. Persistence and passion win

I recently read about a study of spelling bee contestents. The study found that the most successful were the ones who practiced the most on their own.  Those who did group study were not as successful.  So being persistent and passionate will give you the best results.

11. Community is great.  You are not alone.

Wealthy Affiliate has a great community of like minded people.  They are positive and helpful. There are 800,000 in this great community.  You can ask questions any time. You have several different ways to do it. It is wonderful to know that you are not alone.

12. Support is Super

The support in Wealthy Affiliate iis superb and that means excellent. Haha! For more information on Wealthy Affiate click the link below:

retirement-incomes.com/sio6

Best Investments For Retirement

I bought a book called How To Retire Happy by  Stan Hinden.  In the section on investments it lists 5 investments for retirement. They are multisector bond mutual fund, high quality dividend-paying stock portfolio,variable annuity, and  then a managed diversified portfolio strategy and  a managed portfolio of exchange traded funds.Today we are going to focus on stocks.

Stocks Are A Top Asset

Stocks are a little piece of a company that you own.  They tend to grow in value over time. Stocks are usually what you own in your 401(k). A mutual fund is a group of 100 to 200 companies that are owned by many people.  They ae mutually owned.

Advantages of Mutual Funds

One of the advantages of mutual funds is that you own more than one company.  If something bad happens to one company it will not hurt the whole mutual fund.  There is safety in numbers.  A  mutual fund is safer than one single stock. You own a whole basket of companies.

One Top Fund For Years

In the past 10 years I have noticed one mutual fund that is consistently at or near the top of stock mutual funds. It is the Fidelity Contrafund.  Morningstar rates mutual funds and they put Fidelity Contrafund in the top 40 out of 8000 mutual funds.  This is information we need to know to help us retire happy with plenty of money.

Use the Power of Compounding–the Milionaire’s Secret

It is really hard to save enough for a comfortable retirement.  But fortunately we can use the power of compounding to help our funds grow faster.  In fact they can grow at a faster and faster rate due to compounding.  You begin to receive growth of your original investment plus growth on the growth of your investment.  If you have a 10% growth one year and then 10% growth the next year your total growth is not 20% but 21% because of compounding.

Investing is a Necssary Life Skill Today in America

All of us who want to retire need to learn the skill of investing.  Virtually all millionaires invest.  Most millionaires are over 60 because it takes time to grow an investment.  Time is on your side.  The more time you have the more sure you can be of having enough money to retire in style.  In retirement we want to go from doing what we have to, to doing what we want to.

My Plan For Investing

Say I have $100,000 to invest. I could invest it all at once. But what if it goes down 10% in the first month?  I could invest $20,000 a month for five months.  That way I automatically buy more when the price is low and I buy less when the price is high.  This plan forces me to buy low so I can sell high.  

Of course I want to put my money into one of the best performing funds like Fidelity Contrafund.  The fees are relatively low, the sisk is below average. All this according to Morningstar.

Good luck with your retirement plans and happy investing.

Norman

Please leave any comments or questions below. Thanks.