Ilyce Glink Show Notes: February 14, 2010 –
Last Weekend for How to Invest Your Money in 2010 50% Discount!!
The 50% discount on tickets to our next event How To Invest Your Money in 2010 expires at 11:59pm on Monday night. If you haven’t bought your tickets by then, the 50% discount goes away.
The DISCOUNT CODE only works on FULL-PRICE tickets. It will NOT WORK ON VIP tickets.
You get 50% off whether you’re buying one ticket or 100. But, seats are limited, so buy your full-price ticket at the best prices you’ll get. Ticket prices go up on Tuesday at midnight.
Use This Discount Code To Get 50% Off The Ticket Price: money
This week in the stock market
This week, the stock market took another wide swing. While it ended down 45 points on Friday, it was just this side of flat for the week, ending at 10,099.
The big news this week was the continuing saga of Greece. And then China weighed in, increasing the cash requirements for banks – China is trying to slow runaway growth in its housing and commodities markets. This is the second time in a month that China has increased its banks reserve requirements, and when China makes this sort of move, the rest of the world swoons.
Here are some smart questions you have to ask yourself about investing in today’s world:
- Can the worlds biggest economies (or those in the Euro-Union, like Greece, Ireland, Spain and Portugal) survive without having people spend in a bubble mentality?
- Do these countries have enough cash to service their debts?
- What happens when U.S. states (California, Illinois, New York, etc.) can’t pay their debts and wind up billions underwater? Will the Federal Government step forward to bail them out as the EU is bailing out its smaller members?
And then you have to ask yourself about jobs. As the Jobs Bill is being debated on Capitol Hill, and as Sen. Harry Reid is cutting it back (probably to boost his re-election bid rather than for doing anything good for the American people at large), what happens to housing and mortgages?
The number of loans going delinquent is increasing in speed. Almost twice as many loans are going delinquent, including a fair chunk that were just fine and dandy at the beginning of 2009.
What’s happening here? It’s clear that with some 15 million Americans unemployed for a very long period of time, unemployment insurance (if it hasn’t run out) isn’t really paying all the bills. If all of these mortgages go delinquent, it will send another shock wave through the mortgage/finance world. Banks will be underwater again – and this doesn’t even include the coming commercial real estate crisis.
The only thing you can be sure of – if you’re wondering how people are paying their mortgages and living their lives without having an income, you can rest easy (!!) knowing that they aren’t really.
Volatility and Investing in Today’s Markets
With this sort of volatility, it’s tough to know what to do when it comes to investing your money and planning for retirement. Join us for this special event, featuring some of the smartest investment professionals as we attempt to sort through what’s happening.
Will the economy move forward or will it fall back into recession?
Should you invest in bonds if interest rates are moving higher?
Will the stock market move forward or retest market lows?
Should you play it safer or take on more risk?
Together, we’ll explore this new world of investing. We’ll look at short-term and long-term investments, retirement savings and your child’s college education fund. We’ll look at stocks, bonds, ETFs, real estate investing and the biggest mistakes investors make.
So plan to join me on March 27, 2010 for my How To Invest In 2010.
Use This Discount Code To Get 50% Off The Ticket Price: money
The discount code is only good through Monday, February 15, 2010. The discount code will expire at the end of the night, and ticket prices will go up.
Buy now and save 50 percent off the ticket price!
Taylor Bean and Whitaker Mortgage Company Update
Read why Taylor Bean and Whitaker has had escrow funds frozen: It’s not a pretty picture.
Read More about Taylor Bean and Whitaker:
For more information on TBW and the continuing mess, read our prior articles and the posts by our readers. Also, make sure you post your comments and experiences here.
New ThinkGlink Ebooks About Investing in Real Estate Are Now Available
We created five new ebooks that together provide you with more than 100 pages of important, money-saving information about investing successful in real estate. here are the five topics:
1031 Tax-Deferred Exchanges. Everything you need to know about 1031 Exchanges (also known as Starker Trusts) and how to use them to defer capital gains and recapture taxes.
LLCs, Corporations, And Other Ways Of Holding Title To Real Estate. The time to start thinking about you’re going to hold title is BEFORE you buy an investment property. This ebook walks you through the different ownership options and what you need to know.
How to Profit From Foreclosures: 9 Top Tips From Investors. Avoid the most common and most devastating mistakes real estate investors make by reading this ebook.
Finding Great Tenants And Profitably Managing Real Estate Investments. If you don’t have good tenants, you’ll wind up with losing money with your real estate investment – or perhaps destroying your credit. This ebook tells you how to find great tenants, how to price your unit to rent, and how to manage your property effectively and efficiently.
The Successful Real Estate Investors Guide: Top Tax Tips. Investing successfully means you’ve got to keep your expenses low. That means, watch what you pay in taxes. This book walks you through the major tax areas you’ll encounter with real estate investing.
You can get a FREE copy of my book 50 Simple Steps You Can Take to Disaster Proof Your Finances” or “The REALLY Useful Guide to Working Smarter Not Harder” at the ThinkGlink.com store. You pay the shipping and we’ll send you any number of books for free!
Order Your ThinkGlink Ebook or Free Book Today!
Buy 3 Ebooks and Get 1 Free Ebook DEAL!
If you select 3 ebooks from our store and enter the discount code “freeebook” (no quotes), you’ll get one of those ebooks for free. It works with all of our ebooks. Just use the code to get the discount. It will show up when you check out of the ThinkGlink store.
Your Tax Questions Answered
Today’s tax experts are CPAs Sheldon Donner and Kathie Gottlieb who will be happy to answer your tax questions. You can reach them after the show online at their email address: [email protected]
You can also find them at their website, DWACPA.com.