The Lazy Investor's Guide To Raise Capital, Build Credit And Wipe Out Debt (2024)

The Lazy Investor's Guide To Raise Capital, Build Credit And Wipe Out Debt (1)

The Lazy Investor's Guide To Raise Capital, Build Credit, Wipe Out Debt AUDIO CD

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Steve Majors

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The Lazy Investor's Guide To Raise Capital, Build Credit And Wipe Out DebtThe Lazy Investor's Guide To RAISE CAPITAL, BUILD CREDIT AND WIPE OUT DEBT Steve Majors Who Else Wants To Know How To Build Credit Quickly, Maintain High Credit Scores, And Eliminate Bad Debt From Your Life Having good credit is as important to the active Real Estate Investor as is having ready cash. Explore situations, ideas and questions designed to immediately spark your imagination and make you think. This course will cover many aspects of credit, mortgage and debt. We are limiting the background info and keeping right with the 'meat' of the matter. Even with this super-lean version of hard-hitting information, this course comes to you in several sections and takes you through the need-to-know information on;

- WHAT TO DO ABOUT BAD DEBTS Even tips on - HOW TO WIPE OUT DEBTS WITHOUT - Maintaining your checking account BANKRUPTCY - Keeping your checking account - How to Establish Credit balanced - How Creditors Rate You - Things that affect your credit rating - Protecting Your Credit - Methods of getting credit - fast - Raising Large Amounts of Money - How to get on a loan officers good side - Raising Money by Forming a - What to do if you are turned down for Corporation a loan - How to Take Over an Existing Business - How to raise $50,000 Overnight on Your with Zero Cash Signature - Getting Venture Capital Money - Getting an Instant Loan, Interest Free (and 100+ Sources!) - Raising Money using Credit Cards - Over 80 Small Business Investment - How to save 33,3Ͽn Credit Card Companies interest charges... And, BONUS TIPS on; - How to Get Any Credit Card You Want - How to Keep Borrowed Money Indefinitely - How to Create Successful Loan Requests Credit, Mortgage and Bad Debt - The Inside Track While you can buy property without using your credit, you will always have more opportunity to purchase good deals with credit Even utilizing other people's credit to pick up deals doesn't always work, as the other person will want a part of the profit for themselves Having good credit yourself will always provide you with more opportunity.

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    The Lazy Investor's Guide To Raise Capital, Build Credit And Wipe Out Debt (2024)

    FAQs

    What is the lazy investor strategy? ›

    Lazy portfolios contain a small number of low-cost index funds. This makes them easy to maintain and easy to rebalance. Those index funds are diverse, so the fund performs well in many different market conditions. Lazy portfolios typically maintain the same asset allocation for long periods of time (e.g., decades).

    How do the rich use debt to get richer? ›

    Wealthy family borrows against its assets' growing value and uses the newly available cash to live off or invest in other assets, like rental properties. The family does NOT owe taxes on its asset-leveraged loans because the government doesn't tax borrowed money.

    How do you build wealth in the lazy method? ›

    The way a lazy portfolio makes you rich is through compounding over time. As you get a return on your money, you reinvest that return, essentially earning interest on top of your interest. Over time, the money you've made will keep making more money, eventually growing exponentially.

    How to turn debt into money? ›

    Here are the steps to use debt to your advantage to build wealth.
    1. Build your credit. ...
    2. Aim for low interest rates. ...
    3. Invest in your education. ...
    4. Take on a home mortgage. ...
    5. Invest in high-yield assets. ...
    6. Start or grow a business. ...
    7. Take advantage of tax deductions.
    Aug 22, 2023

    What is the 70% investor rule? ›

    Basically, the rule says real estate investors should pay no more than 70% of a property's after-repair value (ARV) minus the cost of the repairs necessary to renovate the home. The ARV of a property is the amount a home could sell for after flippers renovate it.

    What is the simplest most profitable trading strategy? ›

    One of the simplest and most widely known fundamental strategies is value investing. This strategy involves identifying undervalued assets based on their intrinsic value and holding onto them until the market recognizes their true worth.

    How can I build my wealth once debt free? ›

    10 Practical Steps To Build Wealth
    1. Step 1: Make a Plan. ...
    2. Step 2: Make a Budget. ...
    3. Step 3: Build Your Emergency Fund. ...
    4. Step 4: Automate Your Financial Life. ...
    5. Step 5: Manage and Avoid Debt. ...
    6. Step 6: Max Out Your Retirement Savings. ...
    7. Step 7: Stay Diversified. ...
    8. Step 8: Up Your Earnings.
    Jan 30, 2024

    Do 90% of millionaires make over 100k a year? ›

    69% of millionaires did not average $100,000 or more in household income per year-and (get this) one-third of millionaires NEVER had a six-figure household income in their entire careers. When people don't waste money trying to LOOK wealthy, they have money to actually BECOME wealthy.

    What debt helps build wealth? ›

    You can enhance your financial position and create long-term wealth by leveraging debt to invest in appreciating assets such as real estate, consolidate high-interest debts to improve cash flow, use high-yield savings accounts or borrow to acquire profitable businesses.

    What builds wealth the fastest? ›

    Compound interest makes early investing one of the most effective ways to build wealth fast. By starting to invest at a young age, individuals can take advantage of the exponential growth of their investments over time.

    Is 50 too late to build wealth? ›

    Indeed, it's never too late for anything in life and by following certain rules, you can still get wealthy after 50, experts said. “If you've started saving later in life, don't get discouraged,” said Joe Camberato, CEO of National Business Capital. “Instead, focus on what you can control.

    What is the simple secret to building wealth? ›

    While get-rich-quick schemes sometimes may be enticing, the tried-and-true way to build wealth is through regular saving and investing—and patiently allowing that money to grow over time. It's fine to start small. The important thing is to start and to start early. Earn money and then save and invest it smartly.

    How do you get out of debt when you don't make enough money? ›

    How to get out of debt on a low income
    1. Sign up for a debt relief program.
    2. Cut expenses to free up extra cash.
    3. Take advantage of opportunities to earn more money.
    4. Use financial windfalls to your advantage.
    May 22, 2024

    How to get out of $10,000 debt fast? ›

    7 ways to pay off $10,000 in credit card debt
    1. Opt for debt relief. One powerful approach to managing and reducing your credit card debt is with the help of debt relief companies. ...
    2. Use the snowball or avalanche method. ...
    3. Find ways to increase your income. ...
    4. Cut unnecessary expenses. ...
    5. Seek credit counseling. ...
    6. Use financial windfalls.
    Feb 15, 2024

    What is your greatest tool to building wealth? ›

    Your income is your most important wealth-building tool. And when your money is tied up in monthly debt payments, you're working hard to make everyone else rich.”

    What investment strategy does Dave Ramsey recommend? ›

    A diversified portfolio typically includes a mix of stocks, bonds, and mutual funds, balancing growth and stability. Ramsey often recommends allocating investments into four types of mutual funds: growth, growth and income, aggressive growth, and international funds.

    What strategy does Warren Buffett use? ›

    Warren Buffett's investment strategy has remained relatively consistent over the decades, centered around the principle of value investing. This approach involves finding undervalued companies with strong potential for growth and investing in them for the long term.

    What is the poor man option strategy? ›

    The Poor Man's Covered Call is an option strategy in which a deep in-the-money call option with a long maturity is first purchased. Subsequently, a Call option sold with a shorter maturity (usually above the current share price).

    What is the dumb money strategy? ›

    Consequently, the “dumb money” group tends to buy and sell investments at the worst possible time. They buy stocks when prices are on the rise and sell those stocks when prices start to decline. For the average investor, the stocks they buy go on to underperform, and the stocks they sell go on to perform very well.

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