7 Sensational Daily Routines That Will Create Success and Build Wealth

Follow these 7 routines to motivate yourself throughout the day. Start off small and then work you way up the list, this will keep you focus and unlock your potential to build wealth.

 1.  Write down 5 things that you want

Every Morning when I wake up the first thing i do is write down 3 things that i want, i’ll simply just grab my phone and type in the “I want 15 houses” or “I want to be a millionaire by 30 years old” the more you focus on what you want, the more you will bring what you want to yourself. It’s called the Law of Attraction, you have to keep a clear and positive mind to focus on what you desire most. By writing what you want down, you’re physically writing and seeing what you want at the same time mentally speaking what you want into existence.

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2. Write down 3 things you’re grateful for

Now that we’ve taken a minute to write down what we want in life, let’s take 60 seconds to write down what we’re grateful for. It could be ” I’m grateful for my health“, it could even be “I’m grateful for my family.” As long as your showing gratitude for the life you have and what you are receiving in it you will be rewarded tenfold. Spreading Positive feelings by showing gratefulness will only attract good things into your life. In order to create success we must start our days off to a great start, and by stating how grateful we are, we will boost our spirits.

3. Read the news find out what’s going on in the world

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It’s always good to know whats going on in the world and whats going on with the economy. You don’t want to buy into real estate when the housing market is down. But if interest rates are down, you might be able to save a lot of money. The interesting question is, would you know if interest rates were down if you didn’t read or watch the news? That’s a big NO. There’s a bunch of websites or articles that you can read! There’s even blogs that can help you invest in real estate, like my last bog where you can find by (clicking here).

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4. Spend 30 minutes on the stock market

Spending at least 30-45 minutes looking at stock charts, getting a hint of how they go up and go down, can get you acclimated to how companies react to bad news and good news. Investing in stocks is a great way to earn interest and dividends on your investments. Putting your money into well-run companies, that have an excellent financial history, will set you up for success in the long run. But we must be consistent and study how the stock market operates to profit from it.

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5. Spend 30 minutes looking at real estate on Zillow or Trulia 

Next is Real Estate, I went from investing tens of thousands of dollars in the stock market to taking that money out of stocks and investing it into Real Estate. One of the greatest ways to build wealth is investing in real estate. From buying a home i was able to make money off of rental income and also building wealth as its value appreciates year by year. Before doing this, i would spend hours on zillow and trulia, looking at the numbers of different properties. Focusing all of my energy on real estate apps kept me on track of my goals and helped envision myself in a home. One book that i suggest you to read to motivate yourself is “Rich dad poor dad” by Robert kiwosaki put your money to good use and invest in educating yourself.

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6. Hit the Gym

Not only is mentally preparing yourself the key to creating success, but also Physically. Exercise or any physical activity is going to get the heart rate up and blood flowing, releasing endorphins to raise your energy level. And everyone knows when your energy is up, your able to get through your day feeling strong and ready to take on the world. So go out there, lift some weights, and boost your confidence.

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7. Invest as little as a dollar on cash app

Whats easier than taking a dollar from you bank account and transferring it into an investment account to accumulate wealth. I mean unless you don’t have the money then i understand, that’s a different story. But if you have a dollar try putting it away into your cash app, where you can invest in stocks with as little as $1. If you don’t have cash app, use my referral code https://cash.app/app/LDJRRBT to give you $5 to start your account off . Back to fractional investing, so if Apple is worth $265 you can literally buy $1 worth of Apple and if apple goes up your dollar increases as well.

Real Estate Investing vs. The Stock Market| How to Make $500 in Passive Income Per Month

Learn How to Make $500 in Passive Income Per Month

 

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When it comes to finance, I started off my career investing in stocks, following the portfolios of some of the best stock investors of all time. Investors such as Warren Buffet, Charlie Munger, and Peter Lynch. I put everything i had in my savings into stocks. Every check I made, I put 50%- 75% of that into my investment account. After a year of buying tech stocks, retail stocks, and bank stocks, my portfolio grew about 12%. In total, I was able to save about $10k… The big idea was, if I save about $50k into one or a couple different stocks, I could potentially make $500 a month off of dividend income. But here’s some of pros and cons of making that decision.

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Pros and Cons of Investing $50k in Real Estate for Dividend Income

Pros Cons

1. Stocks are Extremely Liquid. Meaning you are able to sell you stocks immediately if you were in a sticky situation. However, in my opinion the best investor is a buy and hold investor.
1. Most dividends do not come monthly, them come quarterly. Which means every 4 months you’ll get to your dividend payout. 
2. If the price of your stock goes up you earn money. So if you invested $50K and the stock price goes up 6% than you make $3k totaling $53K. However, if it goes down you lose 6% or more.
2. To save up $50k, think about how much time that would take. A couple of years, realistically speaking. By that time you could’ve made a number of different investment.

3. You can reinvest your dividends to earn you more money. This method is called compounding, where you’re money is doubling over the years.

3. You may lose money big time, if the stock market goes down. Look back at the 2008 crash, everyone lost money, houses, and jobs.
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Referring back to this chart, there are companies that will continue to appreciate in price. But what will go up, may go down (click the link for examples). There are also companies that do pay monthly dividends. But if you were put $50k into one or two different stocks, how do we know how stable that stock is? Do you want to put your money at risk? If you’re a low risk investor, that would be the smartest decision. So I thought to myself what if I bought a condominium, and rented it out after a year of living in it? How much would I have to spend out of pocket to buy it?

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To answer that question. Using the purchase price of $100k, the down payment and closing costs would come out to $9k. Let’s fast forward a year from after i bought my property.. The time has come for me to move on, and now i want to rent my unit out. I could potentially make $500 monthly, i would just have to rent out the unit for 30%-50% more than the actual cost of my mortgage payments but that is doable if you bought the property at a good price. On top of the monthly cash flow, you can ask for first months rent or last months rent. During the 2008 recession, one of the most stable investments were rental properties. The best part about real estate is that its in constant demand. Somebody’s always looking for a place to rent, just do your due diligence when you do choose your tenant. The most important part about investment properties is the guaranteed monthly rent check. While other investments such as commercial properties during a recession might be a lot more risky, a rental property still brings in a steady flow of passive income.

How to Trade Options in The Stock Market: A Beginners Guide to Make $100 a Day | with Low Risk Day Trading

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Hi all and welcome to my Website/blog Ingramuniversal.com. I appreciate the fact that you have taken time out of your day to scroll through. Be sure to follow and subscribe to get to the latest info on Investments and Personal lifestyle. By clicking the social media icons you can share our posts, we have Facebook, Instagram, Pinterest and many more. Don’t forget to like and comment!

It’s currently day 27 of waking up to the same exact routine of being home and pacing around the house looking for something to do. Since we’ve been in a state of inertness, I’ve been able to learn more and more each day. One of the most intriguing things I’ve learned since being stuck on the couch, has been day-trading.

What is Day Trading? Day Trading is known as the art of buying and selling equities or stocks in a short time usually a day. The goal is to earn a small profit on every trade.

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Each day I’ve been able to profit at least $80 to $100 day trading stocks that are affordable and I know well. Day trading can be risky but only if you’re trading money that isn’t yours, it’s not as if we work on Wall Street and make tons of money. So let’s be realistic, trade with an amount that your comfortable with. Not with an outrageous amount, an amount that if you lost it you would go crying to your mommy about it… I tend to use only about $30-$70 of my own money buying call options, it’s always best to buy in the money. Meaning your break even percentage is extremely low so it doesn’t take a long time to profit. You simply buy a call option only if you believe that the stock is going to rise. I typically buy 1 contract every trade. If you don’t know what a contract (click the link above for a full description). A contract is 100 shares of a single stock. If you buy 2 contracts your purchasing 100 shares of a stock, so be mindful of what stocks you choose. The market may go down rather quick, and your portfolio could drop to zero. This is where cancelling your contract comes into play. You are able to cancel at any given time, so if you feel like you’ve made a bad move, Exit the contract. Timing is always key, buy at the right moment and you may make yourself quite a pretty penny.

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Buy the dip, and exit quick. The best time to buy an equity, is when its hitting its bottom or the dip. Stocks are known for quick jumps up after being in the red, this is the best time to buy in. Once your in the money, or making your profit you’re able to cancel your trade at any time. I try not to play around and wait to get the most gains possible, that would be a buy and hold strategy, with options you want to get in and get out. Make your money, exit, and repeat. You can easily compound your money this way, just remember keep your trades reasonable by spending what you can afford to lose. A book that i suggest for you to read is How to trade options: A complete guide for beginners. This will guide if you have any unanswered questions, also feel free to ask away down below in the comment section.

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After much practice you can find a stock that your profitable with and continue to trade it over and over. The stock that has been my winning stock has been MFA, a real estate investment stock that is at its 52 week low, and with recent good news it has been ticking up slowly. Who knows perhaps after a few days trading this may take over your mornings and start day trading for a living. It never hurts to have more than one streams of income!

Is It A Good Time To Purchase A Home Today in America?! To Buy Or Not To Buy That Is The Question.

Implications like these tell us that a Buyer’s markets, within the next couple of months, could possibly be coming. Inventory may come on the market at much more accurate prices. The people who will benefit from this, will be essential workers, who have strong cash reserves on hand

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undefined De-listings are up way over 100 Percent this quarter, that is the highest it has been in history today so what does this mean to us Real Estate Investors and Home Buyers. The corona-virus has put a wrench in this years real estate market —but don’t expect buyers to lower their prices. Today’s Sellers are simply not giving in to the temptation to lowers prices accordingly. Along with the Sellers making it hard for buyers, Lenders are also making it harder to close new loans even though rates are low, staff are laid off or working from home, and the Covid-19 environment makes things like getting inspections and appraisals much more difficult.

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Implications like these tell us that a Buyer’s markets, within the next couple of months, could possibly be coming. Inventory may come on the market at much more accurate prices. The people who will benefit from this, will be essential workers, who have strong cash reserves on hand. Potentially you may actually have less competition and a more level playing field when it comes to offers and closing cost concessions, because showings are – No pun intended- virtually limited.

Key Takeaways

  • It’s a Great time to buy if you’re not at risk of being laid off
  • You have an ample amount of cash reserves to use as a safety net
  • Get a Number or Price you can work with, Negotiate the price down

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The work from home experiment has proven to workout for the economy, this means that the demand for homes with office space will be up. So when scouring the market for a home be sure to add extra space/ home office as a requirement to the menu.  Evidently the big winners will be home-buyers who have patience, however if you can get a discounted deal in today’s market with a low interest then your in the game.

90 Percent of Millionaires become so through owning real estate

– Andrew Carnegie

Top 3 Ways To Get Rich Off The Stock Market

To build wealth we must invest. Invest intelligently, by saving, being financially smart, and mitigating risk

Research – research – research. To find winning stocks, we must research. The best way to know which stocks are going to go up in value  and make you money, are the stocks that you use everyday. Stocks like Coca Cola, Apple, Facebook. These Moats aren’t going anywhere anytime soon, but now that we’re mention it.

Our word of the day is MOAT:

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A MOAT is a company who an economic moat is a distinct advantage a company has over its competitors which allows it to protect its market share and profitability. It is often an advantage that is difficult to mimic or duplicate (brand identity, patents) and thus creates an effective barrier against competition from other firms. 
This word is made popular by none that the one and only Warren Buffett.

Let’s Dive into our 3 Ways to get rich off of the stock market!

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Number 1: Value Investing

Value investing, the old fashioned traditional way of buy and hold investing. You find a value stock that has low volatility and that’s at a great price point. Normally something that’s trading under boom value and is on Sale. —— once we buy into this stock we’re gonna buy and hold this stock and the longer we hold it the more money we make off of dividends, compounding, and growth percentage. If the market goes 10 percent for 3 years we’re pretty much making bank here. If we invest $10k and your stock goes up 10 percent each year for 3 years. At the end of that 3 year mark you would have made $13,310 a profit of $3,310

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Number 2: Options Trading

Buying an option contract gives you the right to buy or sell 100 shares of whatever stock you choose, but not the obligation, meaning you exit the contract at anytime.

Options are one of the most flexible trades you can make out there. You don’t need to have a big bank account, as long as you minimize your risks and do your research, you can profit from $50 to $100 per day. To find out more information on option trading check out one of my most recent posts in this link.

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Number 3: Dividend investing 

Dividend investing is a strategy that allows you to make income off of the stocks you own. Investing in a dividend stock, will generate a monthly or quarterly income for your portfolio. Buying Stocks with a hefty dividend can be a great investment for traders looking to make passive income, you can make even more of a profit by reinvesting dividend payments.

For example: If we buy 100 shares of GLAD at $6.16, or Gladstone capital. we would receive 7 cents per share per month. That’s $7 per month, $84 a year. Just imagine if you bought 1000 shares.

New Stimulus Bill Proposed To Cancel Rent And Mortgage Payments | Plus A Check For $2000 A Month

New Stimulus Bill Proposed To Cancel Rent And Mortgage Payments Plus A Check For $2000 A Month To Help The People.

Congress has stated that they have made two separate proposals for Americans who have been affected by the Coronavirus Epidemic. Fed discloses that they’re may be a 2nd stimulus bill that will give you $2000 a month, plus mortgage and rent will be canceled for up to one year. Introduced by representative Ilhan Omar Minnesota Democrat, under the Rent and Mortgage Cancellation Act. 

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Today we’re getting into the 2nd proposal which would call for mortgage payments to be omitted during the covid-19 epidemic. It would focus on the following:

-Rent forgiveness in its entirety for one year.

-Mortgage payment forgiveness on your primary residence.

-There will be no accumulation of debt for renters or homeowners and no negative impact on their credit reports.

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If you have already made mortgage payments due for April 1st, you will be back paid or reimbursed, as the bill will be retroactive to March 13 2020 so you will get that month’s rent/mortgage back if this bill is passed. You will not, however, be able to use this income for more than one property. You will have to include the primary residence that you live in to receive the mortgage forgiveness.

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Landlords and mortgage companies will also be covered by the department of housing and urban development. The Development of Housing and Urban development would create a fund for landlords to be insured on the rental and mortgage payments that have been missed by tenants. “The Rent and Mortgage Cancellation Act offers the only solution that can meet scale and depth of our immediate needs to housing, and establish a new framework for long term recovery.” Ro Khanna

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Top 3 Benefits of Becoming a Real Estate Agent | Rental Property Investing | HowtobuyNYC Podcast Ep. 2

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