Always Bet on Safe Real Estate Investment Rather Than Quick Investment

Financial planning and investment is all about finding out where to invest your money so that you can get the best possible returns. Real estate investment has always been considered as safe because seldom the demand for real estate witnesses a dip. Property investment is the safest and there are strong reasons as to why it is given priority than other forms of investments like mutual funds, bonds, stocks and ETF. You can literally grow your money through property investment with minimum risk.Investors skittish of stock market investments prefer to invest in the real estate market but there are many who have not yet got over the 2008 downturn. Scars of those days have not yet healed for many and they are not ready to invest just for the sake of property investment. They need strong and logical reason behind this investment; they prefer to wait it out rather than put in all their money hastily.If you take property investment decisions in haste, chances are high that you will end up with something in your portfolio that would fail to produce the desired ROI. In property investment, only four different routes prevail; however, here we are going to look at only two of the most popular ones.First: You can go ahead and invest in a rental propertySecond: You can buy shares in the REIT or real estate investment trustBuying the rental property is quite straightforward method wherein you buy a rental property and give it out on rent. However, this type of investment is not for everyone as many fail to juggle their professional lives and at the same time upkeep a property like a landlord. It takes a lot of time and effort to maintain the property you buy unless you are using the services of a management company. You can obviously use the services of a management company but be ready to take a cut in your profits.On the other hand if you invest in REIT, you don’t have to actually own a property on the ground and go into the landlord-mode. It operates just like a mutual fund and the only difference here is that it is property investment. The trust is a group of investors who make property investment and lets the individual investors buy its shares. The trusts are able to receive tax benefits as they pay a major chunk of their income to their shareholders. You can buy shares on public investments, which implies that your investment is quite liquid. You are ensured of regular dividends.Two other methods of property investment that are often used by investors include notes and croudfunding portals.Notes – You will be able to invest in second mortgages, paper notes etc. You can even sell or buy notes just like other real estate invest estates. The best thing is that there are no brokers involved in this.Crowdfunding Portals – Many people with similar investment interests can come together to fund real estate investments. This is a new form of investments and is being tried out by some.

Shoe Repairs And Several Other Things When I Was 7

Shoe Repairs And Several Other Things When I Was 7
My Dad repaired most of our shoes believe it or not, I can hardly believe it myself now. With 7 pairs of shoes always needing repairs I think he was quite clever to learn how to “Keep us in shoe Leather” to coin a phrase!

He bought several different sizes of cast iron cobbler’s “lasts”. Last, the old English “Laest” meaning footprint. Lasts were holding devices shaped like a human foot. I have no idea where he would have bought the shoe leather. Only that it was a beautiful creamy, shiny colour and the smell was lovely.

But I do remember our shoes turned upside down on and fitted into these lasts, my Dad cutting the leather around the shape of the shoe, and then hammering nails, into the leather shape. Sometimes we’d feel one or 2 of those nails poking through the insides of our shoes, but our dad always fixed it.

Hiking and Swimming Galas
Dad was a very outdoorsy type, unlike my mother, who was probably too busy indoors. She also enjoyed the peace and quiet when he took us off for the day!

Anyway, he often took us hiking in the mountains where we’d have a picnic of sandwiches and flasks of tea. And more often than not we went by steam train.

We loved poking our heads out of the window until our eyes hurt like mad from a blast of soot blowing back from the engine. But sore, bloodshot eyes never dampened our enthusiasm.

Dad was an avid swimmer and water polo player, and he used to take us to swimming galas, as they were called back then. He often took part in these galas. And again we always travelled by steam train.

Rowing Over To Ireland’s Eye
That’s what we did back then, we had to go by rowboat, the only way to get to Ireland’s eye, which is 15 minutes from mainland Howth. From there we could see Malahide, Lambay Island and Howth Head of course. These days you can take a Round Trip Cruise on a small cruise ship!

But we thoroughly enjoyed rowing and once there we couldn’t wait to climb the rocks, and have a swim. We picnicked and watched the friendly seals doing their thing and showing off.

Not to mention all kinds of birdlife including the Puffin.The Martello Tower was also interesting but a bit dangerous to attempt entering. I’m getting lost in the past as I write, and have to drag myself back to the present.

Fun Outings with The camera Club
Dad was also a very keen amateur photographer, and was a member of a camera Club. There were many Sunday photography outings and along with us came other kids of the members of the club.

And we always had great fun while the adults busied themselves taking photos of everything and anything, it seemed to us. Dad was so serious about his photography that he set up a dark room where he developed and printed his photographs.

All black and white at the time. He and his camera club entered many of their favourites in exhibitions throughout Europe. I’m quite proud to say that many cups and medals were won by Dad. They have been shared amongst all his grandchildren which I find quite special.

He liked taking portraits of us kids too, mostly when we were in a state of untidiness, usually during play. Dad always preferred the natural look of messy hair and clothes in the photos of his children.

How To Tell If Your Personal Finances Are Out Of Control

Struggling under a mountain of debt is no fun, but it is a way of life for many who do not keep their personal finances in balance. Some people ignore warning signs that they really need to regain control of their finances until it is too late. Here are some quick ways to tell if you are in danger of being buried by debt, along with some tips on how to take charge of your money problems.Have you ever taken a cash advance on one credit card in order to make the minimum monthly payment on another card? This means that your debt load is way too high, and you need to find a way to bring it down fast and restore order to your personal finances. Do whatever is required, whether it is taking a part time job or just limiting spending to bare essentials until your financial picture improves. Commit to paying off the cards with the highest interest rates first, if possible, and the ones with the lowest balances if it is not. Set a specific time limit, such as six months, to reach your goal, and follow through on your commitment to control your finances. And do not add any new charges unless it is literally a matter of life and death.Have you ever taken a cash advance on a credit card to make a bank deposit so that a check won’t bounce? This is similar to using one card to pay another, only worse. This means your finances are so out of control that it is critical you find a solution. Perhaps you have not been reconciling your checking account regularly. If not, start immediately. If returned checks are a problem, start using cash to pay for living expenses until you can regain control over your personal finances. Make all of your regular payments, and then take whatever is left in cash. Divide it up according to how long it has to last and place it in envelopes which are labeled with the purpose, such as lunches or groceries. Pay for purchases out of the appropriate envelope. Some people like this method so well that they continue to use it long after they have resolved any issues with their personal finances.Do you have to check the available balance on your credit card before you can go to the grocery store? Using credit cards for living expenses is fine for your personal finances if you want the convenience and can pay off the balance each month. However, many people who are struggling with their personal finances frequently charge things like groceries and gasoline, and then make only the minimum payments. This is one of the worst mistakes you can make when it comes to your personal finances. You are increasing your debt load for items that are long gone before you even receive your statement, much less pay the bill.Is it a struggle to just pay the minimum amounts due on your credit cards each month? This is creating a personal finance scenario where you will probably never be out of debt. Stop using your cards until you have reduced your balances and regained control over your personal finances, or find a way to earn extra income and dedicate those earnings to paying off your debt more quickly.Some of you may have found the personal finance scenarios described humorous. Sadly, these are actually circumstances that happen more often than many want to admit. As a nation, we have never been more deeply in debt nor maintained so little control of our personal finances. But the good news is that you can remedy your situation with your personal finances and debt. It won’t happen overnight, but if you are willing to work at it, you can regain control over your personal finances and eliminate your burden of debt.