United States Economic Downfall? *Reality Check*

http://www.getoutofjobfree.com/kph001.html Master Entrepreneur Jim Piccolo inspires our country’s adults to take control of their lives through entrepreneurship to save our country…

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Who is Jim Piccolo?

http://www.ceojimpiccolo.com
Mr. Piccolo, Chancellor of Nouveau Riche University, has served as President and Chief Executive Officer of Nouveau Riche Corporation since October 2000. Mr. Piccolo brings with him more than twenty years of extensive business experience, ranging from President and Chief Executive Officer of a privately-held, multi-national manufacturing company, to a publicly-traded, international marketing company with four, wholly-owned subsidiaries in the United States and international concerns. Mr. Piccolos successful career as a nationally-recognized, after-market, sport-truck accessory entrepreneur and designer proved his ability to carve out successful market niches.

COMPANIES:

Mr. Piccolo has founded and operated more than a dozen, innovative companies, including Nouveau Riche Corporation; The Real Market Experts Franchise, Inc,®; Nouveau Riche Academy, Inc.; iWizard Holding Corporation, Inc.; Piccolo Global, L.L.C.; National Credit Advisors, Inc.; and Nationwide Investors Mortgage Corporation. Mr. Piccolo has been recognized by national publications for his work as one of the most recognized visionaries and innovators of his time in the mass-market arena. Mr. Piccolo is a dynamic leader and strategic thinker, who is quick to recognize and act on opportunity.

Entrepreneurship- Wikipedia the free encyclopedia
Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking, as a vast majority of new businesses fail. Entrepreneurial activities are substantially different depending on the type of organization that is being started. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities. Many “high-profile” entrepreneurial ventures seek venture capital or angel funding in order to raise capital to build the business. Angel investors generally seek returns of 20-30% and more extensive involvement in the business.[1] Many kinds of organizations now exist to support would-be entrepreneurs, including specialized government agencies, business incubators, science parks, and some NGOs.

Real Estate Investing- Wikipedia the free encyclopedia
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate investing called real estate development. Real estate is an asset form with limited liquidity relative to other investments, it is also capital intensive (although capital may be gained through mortgage leverage) and is highly cash flow dependent. If these factors are not well understood and managed by the investor, real estate becomes a risky investment. The primary cause of investment failure for real estate is that the investor goes into negative cash flow for a period of time that is not sustainable, often forcing them to resell the property at a loss or go into insolvency.

Nouveau Riche Testimonials:

Robert Joseph, Los Angeles, CA
I became interested in real estate investment because I wanted to realize my dream of financial freedom. I had invested in stocks and mutual funds in the past, but never obtained the kind of return on my investments that I wanted. As a result, it became clear to me that real estate investment is the most profitable and most reliable type of investment there is. My introduction to Nouveau Riche came at the Real Estate Wealth Expo in Los Angeles. I became a member of the community in June 2005. Within the first six months, I closed on 7 properties in the Atlanta market and 2 properties in the Cincinnati market with the help of The Real Market Experts. These properties have combined equity at closing of 8,000 and positive cash flow. Thank you Nouveau Riche and The Real Market Experts. I did not expect to own 9 properties in just six months. This is phenomenal!

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Personal Finance & Investing : How to Become a Millionaire

Ways to become a millionaire include setting aside money for savings, and building up a financial emergency fund. Strive to be a millionaire by changing an overall attitude about money with tips from a futures and options floor trader in this free video on personal finance.

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Useful Guide - How To Improve Your Understanding of Loanable Funds

Interest is the price paid for the use of Loanable Funds according to Loanable Funds theory. It asserts that the rate of interest is determined by the equilibrium between demand and supply of Loanable Funds in the credit market. The supply of Loanable Funds is derived from four basic sources, savings, namely bank credit and disinvestment. Savings by individuals or households constitute the most important source of Loanable Funds. In the Loanable Funds theory, savings are looked at in either or these two ways, firstly, as ex-ante savings, i.e., savings planned by individuals at the beginning of a period in the hope of expected incomes and anticipated expenditures on consumption. Secondly, savings of the difference between the income of the preceding period and the consumption of the present period.

Businesses is also save, like individuals. A high rate of interest is likely to encourage business savings as a substitute for borrowings from the loan market. But these business savings are often demanded for investment purposes by the firms themselves and, therefore, they don’t enter the market for Loanable Funds.

Dishoarding is absolutely another source of Loanable Funds. So, individuals may dishoard money from the hoarded stock of the previous period. Thus, cash balances, lying idle in a previous period, become active balances in the present period and are available as Loanable Funds. More will be dishoarded, at higher rates of interest. At the low rates of interest, there is a greater tendency to hold on to money.

You will need to open up an investment account with your bank or an investment brokerage firm, in order to purchase different types of investments. Here are the typical accounts that you can open:

Individual Retirement Account (IRA). This is a great account to invest money for retirement because it provides tax advantages. The money placed in an IRA is considered pre-tax and you pay no taxes on returns until you take the money out. Because you do not have to pay taxes on your money it will grow larger. You can contribute $4,000 per year tax free. Individuals aged 50 and older can contribute up to 100% of earned income or $5,000 whichever is less. Nevertheless, you will have to pay taxes PLUS you may have to pay an additional penalty if you pull out your money before you reach 59

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Personal Finance & Money Management Tips : When Not to Refinance

The most primary reason to refinance is that the mortgage payment under the new mortgage would have a lower interest rate. Better understand what refinancing is and the terminology to go along with it through tips and advice from an experienced financial adviser in this free video.

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