How to Make Money Fast

Many folks want a savings plan where they can actually make money, not just miserly interest. Also, many would consider investing money in stocks and bonds if they felt it could be done without much risk. Here’s a custom-built savings plan and investment program I offered clients when I was an active financial planner.

We’ll use Jack as our example. Jack wanted a savings plan that was safe and paid more interest than he could earn at the bank. Plus, he didn’t want too much money accumulating in the bank where it was so readily available because he was always tempted to take a withdrawal and spend it.

Jack had never been into investing money in stocks and bonds to make money because he abhorred risk and did not know how to invest. He also disliked and did not trust the investment industry or those who worked in it. Because he knew he needed an investment program as well as a savings plan if he wanted to earn higher returns, he decided to talk to me.

We started Jack’s first financial adventure with $600 per month flowing (automatically) from his checking account to a large mutual fund family. All of it went directly into a money market fund where it was safe and earned a competitive interest rate. Plus, this gave us flexibility because money could easily be moved from there to any of the other funds offered by the fund family.

The money market fund was earmarked as his savings plan. Of the $600 that went in each month, $300 would stay there. The other $300 was his investment plan and would automatically flow each month into three different funds, $100 each.

The three other funds were: a short-term bond fund, an intermediate-term bond fund and a conservative stock fund. The bond funds gave him more interest in the form of dividends, which were simply automatically reinvested to buy more shares. The stock fund offered both dividends (that were also reinvested) and growth.

Jack was now investing money as well as saving it. He was finally an investor, accepting only a moderate to low level of risk overall. As money flowed from his money market fund each month to his bond funds and stock fund, each $100 purchase would automatically buy more shares when the price was down and fewer when the price was higher.

This is called DOLLAR COST AVERAGING, and it works to lower the average cost per share. Plus, as Jack’s dividends reinvested periodically he would accumulate more shares.

There you have it. A savings plan and an investment program all in one simple package. Jack was still a client of mine 20 years later and eventually allowed me to be a bit more aggressive in my recommendations. But he still does not trust the investment industry.

A retired financial planner, James Leitz has an MBA (finance) and 35 years of investing experience. For 20 years he advised individual investors, working directly with them helping them to reach their financial goals.

Jim is the author of a complete investor guide, Invest Informed, designed for average investors or would-be investors of all levels of financial background and experience. To learn more about investments and investing and his new financial guide go to http://www.investinformed.com

Author: James Leitz
Article Source: EzineArticles.com
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Many people wonder if is really possible to make money from home with no money. The truth is that you are actually able to do this by investing your time. Remember that if you’re working from home in an online business if you’re not putting any money into it you will definitely be putting the time. Most people think that you’re only going to be successful by investing money but the truth is that putting in the time is just as effective.

There are many promotional methods out there in the Internet that are free when it comes to putting money into it but require a lot of your time. If you are somebody that does not have too much money but have a lot of time in your hands then go right ahead and start doing research on the different promotional methods.

You must always keep in mind that time has the same value as money and either one will help you build your business. When there’s a lot of time to be put into it then go and put the time or vice versa when there’s a lot of money to put into it then go and put in your money. It is really that simple but of course most people just can’t seem to understand or have it what it takes.

The best way to actually get started online is to take advantage of what are called affiliate programs. Most of these programs are free to get started with and are actually very easy to promote. When people first go online they end up doing these programs to get a better understanding of the Internet.

It is possible to make money from home with no money, the link in the resource box below will give more insightful information that will be beneficial for you to know.

Does your JOB let you work in your underwear? Mine does, let me show you how you can make an extra $3,905 every month like clockwork for FREE from the comfort of your home utilizing a secret Make Money From Home With No Money marketing strategy from the Creator of http://www.WorkInYourUnderWear.info

Willox Perez is a veteran internet entrepreneur who is revolutionizing the way most people make money today. He teaches simple techniques that anyone can use to put extra cash in their pockets from their homes.

Author: Willox Perez
Article Source: EzineArticles.com
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