Archive for 'Business Finance'

Being new to trading in Forex markets can be a little intimidating.  Although many people desire want to learn about trading in the Forex, those who begin learning about the trading system find the rules and strategy tactics to be overwhelming at times. Use these three rules to help you get started and successfully maneuver throughout the foreign exchange market

Don’t Over Leverage Your Portfolio

When you are just starting out in the Forex, it can be really easy to get caught up in the leverage of the market.  The great thing about leverage is that someone who is not investing as much as other larger traders can play with the “big boys” and potentially makes a good profit. An investor can expect to only need to back their investment up to 4% in most cases

Know When to Quit

Another simple rule for trading in the Forex market is to know when to quit.  In turn, this can also mean knowing when to let things stay as they are.  There are no way around having occasional trades that have a negative impact

The Laws Trading In Forex Market Trends

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Carol asks…

Incredibly, really big, serious, guy dilemma?

I cant’ find the remote and my wife left it on the Home and Garden Network! I can’t channel surf, I’m stuck on one channel! What do I do?
Oodles, it’s just a joke about a man and his remote, yes I could get up and change it, but where’s the creativity in that?

Wize Guy answers:

You must be strong! You have to muster the strength to get up and turn the TV to ESPN! Then, after collapsing on the floor, you can watch Sportscenter.

Betty asks…

I want to ask him out, but how?

There is a guy on a TV show that lives in my area, he hosts a show on the Home and Garden Network that me and my friend both have a crush on. My friend is married, but she says because I am single, I should ask him out. My friend looked him up, and found out that he is single and found his e-mail adress. I want to ask him out, but am not sure how to do it, help?

Wize Guy answers:

Just go into his house with some pretext. Make your dog get into his house and say you wanted to take it bag. Start a conversation as you donno him and lol in minutes you both are talking about is shows and what you do. This is the right time. ASK HIM OUT or IN.

Mark asks…

Is there a website on How to cook different types of Veges and Meats?

I’m not looknig for recipes – just how to handle food items – like washing, cleaning etc…the cooking basics with guides etc….I have gone through Food Network, and better homes and gardens.
Thanks

Wize Guy answers:

Just look in google,there are loads of web sites……..

Ruth asks…

All websites are looking like this,is it a network or laptop problem…?

this is an example of what I am getting…I might get small pictures or boxes with an x in where the photo should be, but mostly it is lines of script…

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My grandson has been using laptop and I don’t know if he has changed something…if you have a solution can you explain it simply as I am a computer idiot…thanx

Wize Guy answers:

restore to last know working configuration should help you

Linda asks…

How can I check if next door have been using my Wireless Internet?

I suspect next door have been using my wireless connection, is there a way I can check if they have. Also, can I check exactly what computers are connected to my home network at this exact moment in time? We never bothered having security on our internet because to be able to be in range of it you’d either have to be right next to our house (front and back gardens are fairly long) or in next doors houses and the previous occupants of the houses on either side have been 60-80 yr old pensioners who wouldnt be the type to use someone else’s connection!!!

Wize Guy answers:

You must password protect your wifi. If you don’t, anyone can use it. If they do illegal stuff, you can & will be held responsible for it.

A more powerful antenna will improve the range. Outdoor antennas are available. Do not use an indoor antenna outside. Run a cable from the router to the antenna.

If that doesn’t do the trick, buy a wireless repeater or extender. Plug these in to an outlet; they’ll pick up your signal.

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Without actively marketing your livelihood of assigning homes, you are not going to gain substantial profits. You may be left waiting on the sidelines while others around you are capitalizing from all the overwhelming deals every few days. The real estate markets shift which translate into more options for those who understand them.

Real Estate Investing with wholesaling is the number one way to go in today’s markets. Advertise the houses yourself and keep the real estate fee.

flipping homes is similar to the currency markets, so make sure you do your analysis before you put anything at risk. Real Estate Investment by flipping is one of the lowest risk strategies for today’s market. No Matter how bad the real estate arena is, you are never taking ownership of a asset so you carry no monetary risk.

Now you can understand why Creative real estate investing is such an excellent

Marketing Undervalued Commitment Households Now

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Lisa asks…

Window cleaning?

I have at home a window squeegy for my windows and a telescopic one for the upstairs windows. And I got a scrim aswell because I have leaded windows in the back and they are a pain to do. What are those clothes the window cleaners use for cleaning windows that are all bits stuck together like a mop head?

Wize Guy answers:

I would think with the window squeegee and cleaning towel would be the only items you would need. A great solution is vinegar dilute with water is good to use on windows.

Thomas asks…

Window Cleaning?

My dad does some contracting work with houses and sometimes his company hires me/my siblings to do the construction cleanup instead of “professionals”, this saves him a little bit of moolah, but puts some into our pockets at the same time. We’re doing some cleaning in a HUGE house tomorrow and the primary cleanup is ALL the windows-inside and out. Does anyone have any good ideas for cheap but really effective cleaners and or tips for us?

i’ve heard of something like vinegar, water and…something else then wiped off with newspaper as opposed to paper towels….if this works, what are the proportions? do i need white wine vinegar, cider-vinegar…or whatever specifically ?

Wize Guy answers:

1/4cup white vinegar in a 32oz spray bottle, fill the rest of the way with water. Spray and just wipe it down with some newspaper till its dry. It leaves it streak free and the newsprint gives it a brilliant shine. Try to remember that a little goes a long way or else you end up using more than you have to and a lot more time wiping.

Lizzie asks…

window cleaning?

how much is the going rate for a window cleaner to do an adverage 3 bed semi say 6 windows and two doors how much would they ask for???

Wize Guy answers:

My window cleaner only does the front of my house, 2 bay windows and i single one. For the 7 1 pay £3.50.

Betty asks…

How to get customers for a window cleaning business?

How do I get customers for my new window cleaning business? I generally do business’s. I do gas stations, restaurants, and stores. What would be the best way to approach them or get them to commit to allowing me to do their window? What would be the best way to talk to them? Just in general how would I get them to allow me to do their business? Should I offer them a free window cleaning for a referral?

Wize Guy answers:

How to Get Customers for a Window Cleaning Business

Both companies and homeowners can use the services of a window cleaning business. Everybody has windows that need to be cleaned sooner or later. This can be a very profitable and demanding business to be involved in if your potential customers know you exist. You must advertise your window cleaning business in order to obtain clients. Word of mouth from a satisfied customer is the best advertisement, but there are different techniques you can apply too. Use as many of the ways mentioned that you can afford

1
Create an advertising budget. Figure out how much your can actually afford to spend on marketing. This amount will establish which advertising methods you can afford.

2
Select your future customers. Decide for whom you would like to wash windows. (See Tips for additional information.)

3
Make (or have made) business cards for your window cleaning business. Give these cards to all present and potential future customers you meet. Leave your cards in places that you have selected to target.

4
Get flyers made to publicize your window washing business. Offer special deals on window cleaning or discounted prices. Put these in the area of your future customers, and mail these out if you can afford the postage

5
Purchase additional marketing materials to hand out to your customers. Get pens, pencils, calendars, magnets or other publicity items. The idea is to have your window cleaning business name and number easily accessible and in as many places as possible.

6
Contact billboard companies in your region. This is an expensive form to use, but it may bring you a lot of new customers

7
Put an advertisement in your regional newspapers. Copy the details of your flyer or make a new announcement. Ask about the various prices of each size of ad since the prices differ

8
Check the prices to advertise in your phone book. This normally calls for a signed agreement and is costly, but it is very helpful in reaching customers

9
Place phone calls or go in person to the customers you selected. Offer them your services, and always state your business name and number several times during the conversation

Tips & Warnings

Ask yourself these questions when thinking about who you want as customers for your window cleaning business: Do you want to target only large businesses? Small businesses? Or maybe some specific types of business like convenience stores, hotels, apartments or office buildings? What about houses? Do you want to wash windows for individuals? Make sure you have the equipment required to do multi-story buildings or do not seek this type of customer. If you want to do window cleaning for newly constructed homes, find out who the contractor is. Give any of your present customers extra cards and marketing items that they can give out to associates, friends or neighbors. You could also offer them a discount or free window cleaning, if they get you new customers. Billboard advertising typically requires an agreement signed for a certain amount of time. The prices will vary depending on the site of the billboard, so be sure to check many locations. If you want to get residential customers, pick a site near homes. Select one near several businesses, if this is your target customer. Another type of billboard you can possibly use is a mobile advertiser. Check into this form if you are interested in it. You may also ask about placing an ad in a newsletter or other form of publication used by your potential customers. If you want to get customers for your window cleaning business who live in an association or apartment building, ask if they have a newsletter that is given to each occupant. Do the same for business buildings, malls and convenience stores or hotel chains

Always read any agreements prior to signing. You may be required to make payments for several months for certain forms of advertising.

Carol asks…

What is the best window cleaning solution?

I am considering starting a window cleaning service and need to know what is the best cleaning solution to use. I will be using the sponge on squeegee of technique. Some say dish soap and water. Is this good for a professional application?

Wize Guy answers:

i use a few drops on Dawn dish detergent in a bucket, wipe it on the windows with a rag and squeegee it off. my windows sparkle, so i’d say it’s a good technique for a pro. very little streaks, cheap and easy. :)

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James asks…

Which real estate companies are best for new agents?

I’m planning on getting my real estate agents license in the next few weeks. I’ve heard that Century 21 and some other companies have their own courses. Is it better to attend their course or just a regular local real estate school. Also what companies are good for new agents.

Any advice you can give is appreciated! Thanks!

Oh and I’ll be getting my license in Tenessee.

Wize Guy answers:

I am a real estate agent in Australia with my own independent office.

I am not sure what courses are like through franchises, however, here, the courses with regular real estate schools are very good.

When you are looking to find an agency to work for, consider the following:

- do they regularly pay for training for their employees? what kind of training and how frequently?
- does management get regular training and upgrade their knowledge on changes in legislation etc (here we have special annual education to attend to stay in the know)
- what internal systems and procedures do they have that will assist people who are just starting out? for example, a good computer software and training resources in the office for when you get stuck on something.
- is there someone more experienced in the office that can mentor you?

I believe that a franchise is not necessarily the best, often all the training that they attend is in house, and they are not open to external training providers (which can be very beneficial).

You need to look at the individual operator of the office to decide if it will be a good environment to start your career or not.

Charles asks…

Do Australian Real Estate Agents have the ability to cross reference a potential tenants previous addresses?

For example, if a person listed three previous addresses with one Real Estate Agency, and the Real Estate Agency calls the previous listed Real Estate Agencies, (to check if they were a good tenant etc) can they also cross reference the listed addresses on the application? Is there like a national database or something where Real Estate Agents can see your rental living history? (Sorry if this question doesn’t make much sense).

Wize Guy answers:

do you mean you are applying for a rental property, and your wondering if the agent your applying with will cross reference where you previously lived with agents who you previously rented with?

the answer is yes agents can get a reference from your old agent to see if you paid your rent on time, if you were behind ect.

hope this is what you were looking for :)

Thomas asks…

How do new real estate agents make a living?

How do new real estate agents make money during periods they have not sold properties. Do you work 2nd jobs, have someone supporting you? Just curious. I am really interested in starting a career in real estate, but I know during the first few years you don’t sale as much as agents with years of experience. So how DO you make a living off of you real estate career with no sales as a new agent?

Wize Guy answers:

Yes, you will need a second job for about 2 years. If you have someone to support you with the finances that always helps, but you don’t necessarily need someone to support you if you have that second job.

People usually come to a new real estate agent when they haven’t had someone help them in the past with real estate. i.e. If they have a favorite agent then they will usually go to them. But if you’re nice, very helpful, and patient with people then you’ll build a clientele and people will recommend you to others. This all takes time though.

Best wishes! :)

Mary asks…

How many real estate agents currently work in Ontario?

I need to know how many real estate agents are currently working in Ontario year 2008.

Can anyone give me precise stats on this?

Wize Guy answers:

7 the rest are just showing houses.

Carol asks…

What percentage of the commission do real estate agents get after the broker is paid the commission of a sale?

After the sale of a home, let’s say a real estate company gets 3%. What percentage of that 3% does the agent typically get from the broker if the agent made the sale? This should be answered preferably by an agent, and in California if that makes a difference! What would be an ideal percentage of that 3% for new agents, and when should an agent get a raise?

Wize Guy answers:

I was an agent in CA and it is not the same accross the board. Often brokrages negotiate a % with the agent when they sign on. I’ve seen anywhere from 50/50 to 100% to the agent. It depends on many factors. But for the most part I’d say 70/30 in favor of the agent is a good place to start with a yearly cap of around $15,000-20,000. (If you contribue the cap amount in a year everything over you take in at 100%)

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Cars are one of the essential things that a person must have nowadays. There are people who need this for some reasons. There are some who use cars as a necessity. There are also some people who use these cars as their hobby and there are some who buy lots of cars to impress people and to increase their social status. Though there are different reasons why people would want to buy a car, you cannot just buy a car that fast without many considerations especially with the budget. Unless you are a rich person that you don’t have any problem in buying a new car no matter what it cost. But our main concern here is the majority. Most of the common people sometimes have no idea how to own a car or buy a car in a low price. Everyone would want to have a car nowadays but the problem is the prices. If you would really want to have a good car that is brand new, it will really cost you a lot. I’m going to give you an idea here on where you can find cheap cars for sale.

If you are thinking of buying a car the first thing that would normally come into your mind is how much and how will you get it. If you will consider cheap cars, then that would be practical for you. Cheap Cars are normally second-hand but you have to have the knowledge in advance. For you to be knowledgeable about this, you can see the newspapers or browse over the internet where you can find comprehensive sources and information that could help you. They usually place the information in categories and brands or most often than not, the prices.

Though it is good to find brands that you are comfortable with, it is good that you emphasize your choice according to your safety and necessity. You should also have to make sure that the important features of your chosen car is there such as lights, mirrors, seatbelts, bumpers, airbags, child door lock, four wheel, GPS navigation and so forth. If you know such of these, you will have no problems in making your decision.

There are also car dealerships could help you also in your venture of looking for a car that you look forward to. If you search cheap cars for sale, people should be alert of the history of them most importantly the maintenance. You have to make sure that the cars had ever been in a problem before like accident, sinking, or overhauling a machine. You have to check the overall parts of the car, and driving in a certain speed. You have to make sure to that your dealers are reliable and you are sure that they can give you the best. There are some who wouldn’t go for dealers because of frauds. So it is very important that you will test drive your car before anything else. You have to make sure about the warranty also so that some circumstances may come; you can still bring it back to the owner.

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People who love their cars should never ignore the importance of Perth Mobile Car Detailing.
These car detailing companies do not have physical addresses most of the time.
In Perth, you can call these companies by looking for them over the Internet and their representatives will come over to your place and give your car the detailing job that you are asking for.
The whole process might take a few hours.
It is best to call such cleaning providers over the weekends when the cars are not needed as much.

So, what is mobile car detailing?
Car detailing usually employs various methods to give cars an absolutely detailed cleaning, which makes them perfect for display and use.
There is a high demand for exterior mobile car detailing in Perth.
Here, the focus is on improving the external appearance of the car, though an internal cleaning is also given to the vehicle.

Different companies here will provide you with different things.
Some of the jobs that are provided by these car detailing companies include dust removal from cars, painting cars, giving them protection for their paint, polishing the steel parts of the car, car waxing and so on.
Steam cleaning is being preferred by clients, which is quite helpful in removing the most obstinate dust from the car too.

Car shampooing is also popular—it keeps the interiors cleaner and removes unwanted smells from the car.
Other popular services include cleaning the dashboard of the car, cleaning the windows and the car’s boot.
Cleaning inside is done through vacuuming; steam cleaning is used generally on the outside.

Today, the market for mobile car detailing in Perth has grown in leaps and bounds.
There are not many advertisements from these companies, but the Internet is the best place to find them.
They are all easily approachable via the telephone.
Most of them have packages advertised on their websites.
There are many cleaning jobs that they do and you are able to select from their various lists.
Most of them will come over to just see your car and give you a proper quote before you can decide on whether or not you want to use their services.

Car detailing has become serious business in Perth for several reasons.
Car detailing definitely increases the monetary value of the car and slows down its depreciation.
It keeps the car looking new and good.
Car detailing people are much asked for by vehicle owners who do not have time to clean their cars despite having a mind to do it.
In fact, many people are calling over these professionals while they park their cars in their company garages so that they can have them ready at the end of the day.

In any case, there is a huge demand for Perth Mobile Car Detailing.
To look for your alternatives, just browse the Internet a bit more closely for these providers.

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Charles asks…

How do construction loans work?

My husband and I are working with a builder of a subdivision we are planning on building in. We chose a home from the options this builder has for the sub. To get started on the house, we need to give him $5,000 down. However we do not have the funds saved so we are able to do a construction loan. I’ve heard so many things about construction loans and how the fees are horrible. Yet, its been so hard for me to find any information. Would the fees be that steep, even though we only need $5000 down? Is there any specific banks/companies out there that make this process easier that anyone would recommend? Any help or information would be greatly appreciated. Thank You!

Wize Guy answers:

It doesn’t sound like you are being required to get a construction loan. The builder is asking for an earnest money deposit. Typically, builders require $5,000 to start the home and would ask for an additional 5 or 10 during different phases of the project. If they are going to build something to your specifications, they want you to have enough money into it so you don’t back out. The only financing you will need is a normal mortgage, once the house is complete. You will be able to use the money given to the builder as the down payment. Otherwise, you can buy the model.

Susan asks…

Construction Loans?

Do you have to be finished with the house by the end of the 9 months? What if your doing it all yourself not contractors. Some things are taking longer. Is there anything the bank can do to you if your not finished in the 9 months?

Wize Guy answers:

Call your bank and ask them to extend the date. I used to work in a mortgage dept at a credit union and I know one time we did extend the date, but it had to be approved by the president and he wanted to know exactly why. I know everyplace is different though! If its not done within the time frame, the bank already has a lien on it, so you would be in default and they can forclose and resale etc. But like I said every place is different! Call them though, cuz the hassle of foreclosure and resale is not that easy, its a pain. So most places should be willing to work with you. Good luck!

Thomas asks…

Where can you get construction loans for Earth sheltered or Bermed homes?

Dose anyone know were we can go to get a construction loans for earth sheltered house. Local banks tell us they would loan us the money if we would build a normal house. Please Help.
Our home design meets all building codes.

Wize Guy answers:

When they finally chose Home Federal Savings and Loan of Xenia, they made a special effort to sell the lender on their idea.

They added an electric furnace o the plans even though they felt the wood stove would be adequate. They figured it would increase its resale value. Schroeder, a commercial artist, drew a color sketch of the proposed house to show that it would have aesthetic appeal. They also stressed the energy-saving features of the house, noting that the money they would save from reduced heating bills would strengthen their ability to meet mortgage payments.

The savings and loan bought the idea and approved their mortgage.

Steven asks…

Who is providing construction loans to build first home?

I’ve been approved for a mortgage loan but need a construction loan to build a home.
In Texas. Great fica score 840 or higher. Have enough money in the bank. Have tried builder contact, waiting since month ago. A big lending company on-line bluntly told me that he didn’t know of any bank that was offering construction loans because of the way things are with the economy right now?

Wize Guy answers:

what Col Kurtz didn’t mention is that when you pay retail to a direct lender you end up with a higher rate and the lender gets more on the back end then a broker would, it’s called SRP or service release premium.

Here’s another little fact/difference.

The brokers yield spread premium has to be disclosed on the HUD1 settlement statement but the bank does not have to disclose their premium.

Ken asks…

how exactly do construction loans work?

right now we rent a house and it is costing us 1100 a month. Its a big house. My wife and i would like to downsize and have lower monthly payments.

we were looking at a first time buyers loan and a construction loan.

How does either work.

Wize Guy answers:

Here are many first time home buyers programs available. You may start by calling the city Housing Office in your city or the county housing officemortgage brokers or institutions that are authorize to administer the program. These agencies are normally listed on a pamphlet.

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It makes more sense to buy a brand used car than a new car from the same brand because it is cheaper. Used cars from brands such as Chevrolet or Lexus are not exorbitant but are slightly higher in price than other used car brands.

You should purchase a used car that will enable you pay minimal insurance fees. Car insurance also extends to used cars as well. So bear that in mind the next time you go out to search for a used car.

Always make sure that you examine any used car you want to buy to ensure that it is in excellent shape before buying so that you don’t end up with a liability of a car.

The steering wheel, brakes and engines are the most important parts of a car that need to be intact if you are to buy a good second hand car.

 

More car sales tips here!

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Jenny asks…

Fees and assistance for new Prudential real estate agent.?

I am considering getting my real estate license and working for Prudential Realty. Is there anyonw who can tell me what their fees ( desk, copies, supplies, etc. ) are? If they are generally a good company to work for? Do they provide good support for new agents? I have a meeting with them on Monday, I just want to have some information before hand. Thanks.

Wize Guy answers:

The most important thing for a new agent is get with a company that has lots of training. At this point you need to learn how to sell RE. Commission splits and overhead costs during your first year should be considered secondary. Hopefully a sale manager will spend lots of time with you with additional one-on-one training. Go with them on listing appointments and learn to get listings.

Get with a company who has a “taskmaster” as a broker or manager. That checks up on you at least once a week making sure that you are making the daily contacts necessary to be successful. Good habits formed today will serve you well for the rest of your RE career. A good agent just doesn’t try and sell from floor time. Outstanding agents make at least 100 direct contacts a day.

Selling anything, but especially RE is demanding and difficult. It takes a very disciplined person to be really successful. That is why 10% of agents make 90% of all total commissions. Especially in hard times like we have today. Most agents sit on there asses and wait for leads to walk through the door, that’s why the vast majority of agents don’t even make much more than minimum wage. They depend on their spouse with a “real job” to carry the freight.

Ken asks…

what is the website for Prudential Real Estate Rental homes?

Looking for a home to rent does prudential do rentals

Wize Guy answers:

http://www.prudential.com

Paul asks…

Does anyone know the hiring process for a Prudential Real Estate Agent? I saw a posting on monster.com.?

I also wanted to know if they pay for you to get licensed. Is there any catch to it cause it seems pretty easy with no real requirements.

Wize Guy answers:

While most companies are willing to teach you the required courses at a lower cost to you, they do not pay for you to take the exams and will not cover the cost of your licensing with the state in which you live. Some companies may foot the bills up front and then take the fees out of any commissions you earn after your begin your career. You will be asked to commit to a certain amount of time with the company after you are licensed.

Contact any legitimate company and ask the questions. Once licensed you’ll have to prove your worth by listing and selling real estate. Otherwise, most managers will suggest a “career adjustment”. You’ll be given 6 months in most cases.

Some companies will ask you to take an aptitude test to see if you are likely to become a good agent. If you seem qualified, you’ll be sponsored.

Donald asks…

Prudential Real Estate Listings and Foreclosures.?

Where can I find Prudential Real Estate Listings and Foreclosures on the market in my area.

Wize Guy answers:

Most Local Real estate websites display multiple company listings. Including Prudential Real Estate Listings Heres a good place to search mls listings and foreclosures – http://www.pennyhomes.net/r/pru.html

Mark asks…

Interview at Prudential Commercial Real Estate?

This is for an internship position. Do you guys recommend Prudential? They told me after I complete the intership program they’ll pay me to get my license and for all the classes – is this typical of real estate firms? Any other advice or input would be appreciated!

Thanks

Wize Guy answers:

Many brokers that are on recruiting campaigns often offer to pay for you to go through their real estate school or an affiliate’s school.

Most want you to pay for it up front & then they will reimburse you at some point, which could be when you pass the license exam, you hang your license at their office or you get your first commission check.

Many franchised offices such as Prudential, Century 21, Re/Max have in house training programs that are free or sometimes the broker will pay the cost of you to take “Quick Start” or other sales classes that their corporate office is offering after you come on board.

Some offices will team you up with a “mentor”, a seasoned agent that assists you & accompanies you on all your appointments. Often with mentoring programs, a portion of the commission on your first few transactions is paid to the mentor.

Franchise offices are a good place for a new agent. You will have access to a lot to training & managment assistance. These franchise offices also often have some very good tools for you to take advantage of like a personal webite (i.e., PrudentialProperties.com/YourName), nice professional marketing materials.

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