Skip to main content

How to Double Your Money Safely – Slow and Steady Wins

Note Investing Tailored to Fit Your Needs

Make Your Money Work Hard

Earning money, paying the bills and saving for the future is a full-time job for most of us. After we accumulate savings, we are challenged on how to invest it to maximize its earnings while avoiding losses caused by high-risk investments. A key principle of successful investing is protecting what you have and having it work hard for you. A hard working investment account can double in value several times during a full working career, if properly invested.

The most powerful force in the universe is compound interest-~ Albert Einstein

Definition of Compound Interest

Compound interest can be thought of as the earning of “interest on interest.” Initially, the Interest is calculated on the original principal balance; that earned interest is added to the original principal, and the interest for the next period of time is calculated to the total of the original principal plus the interest earned. The process of adding interest to interest and charging interest on the accumulated balance is called “compound interest”. The rate at which compound interest grows depends on the frequency of compounding; the more compounding periods, the greater the growth rate of the investment account. It is a powerful investing tool.

Tax-Free or Tax-Deferred Accounts

Tax-free or tax-deferred long-term investing is the foundation of successful investing. Using a tax-sheltered or a tax-free account allows your interest income to compound (grow) monthly, or annually, without having income taxes deducted from it. A self-directed IRA account is an excellent tool to assist the growth of your retirement savings investment account–your retirement nest egg. Building wealth and saving for retirement is a long-term process; it is not an “event” it is a continuous process; the sooner you start, the more time your investment account can compound and grow.

Promissory Notes and Mortgage Notes Provide Above…

Read More…. by Lawrence Tepper

Finding Real Estate Deals Just Got Fast & Easy With this New Search Engine Built for Real Estate Investors & Wholesalers

The post How to Double Your Money Safely – Slow and Steady Wins appeared first on Note Investing Seminars.

Comments

Post a Comment

Popular posts from this blog

What Is a Promissory Note? What Are They Used for?

A promissory note is a written contract between parties-a borrower and a lender– signed by the borrower. It contains an unconditional promise to pay a certain amount of money on demand, or in installment payments over a period of time. It is used in a financing transaction – a lending transaction. The individual who promises to pay is the maker (borrower), and the person to whom payment is promised is called the payee or holder (lender). The loan transaction can be secured or unsecured. A secured loan has specified property pledged to cover the repayment if the borrower defaults on making the payments. Another form of collateral security is a co-signor. A co-signor, or a guarantor, is a person who agreements in writing to repay the debt if the borrower defaults. This means that the holder (lender) protects his financial interest by using the maker's collateral security or the maker's co-signer. If the maker fails to pay according to the agreement, the holder can foreclose on...
Post a Comment
Read more

Promissory Note Frauds and Tricks

I have been actively engaged in the promissory note business for over 40 years. My and my wife’s self-directed IRA accounts have been invested in notes for the same length of time. My note investments have been the foundation of my estate building. Because I believe that promissory notes can be an excellent investment vehicle for the average investor, I try will try explain what they are and how they work. But, I will also point out that notes can be misused and abused by dishonest people and by ignorant people. This article is the first of several articles in which I will attempt to inform the average investor about the benefits and warn the average investor about the detriments of investing in notes. Obviously, there is no perfect investment. Just as cars do not injure and kill people (bad drivers do), promissory notes do not trick and harm people (dishonest or ignorant sellers of promissory notes do). What Promissory Notes Are: Generally, promissory notes are a form of debt simil...
Post a Comment
Read more

5 Steps to Becoming a Master Investor

Diversify – Diversification is a powerful investment tool that helps you reduce the risk of holding aggressive investments. Diversifying simply means that you should hold a variety of investments that do not move in tandem in various market environments (for instance bull and bear markets). You do not need 50 different funds in order to diversify. You can diversify with five, at the most 10, mutual funds or ETFs. Keep fees to a minimum – For both mutual funds and exchange traded funds you can look at the 'total expense ratio. "The best case is an expense ratio less than 1%, and certainly no higher than 2%. have to watch out for "sales load". Be aware of your time frame – Match your time frame to the investment. For example, for money that you expect to use within the next year, focus on low-risk investments such as money market funds, certificates of deposit or US government bonds. Ignore the "gurus" – Pay no attention to the fortune-tellers and pro...
Post a Comment
Read more