People like to put people into their speed dial or contacts list for 1-touch dialing. You can do this with Telfund’s call back service and still save money on Long Distance! Just program the “Shortcut” callback number into your phone, and the system will automatically dial that person for you (see how below).
Screen capture to show you how this works…
Posted in Blog.
Picking out A Mercedes-Benz Colour
How to get your free long distance: http://www.yourleverage.com/freeld
Posted in Blog.
$5 Unlimited Long Distance? First hour free! Ask me how!
(Hint: $15 North America Plan + 40% Rebate + 30% Write-off = $5/month!)
Posted in Blog.
Free Long Distance? From my cell phone? Here’s how!
http://www.yourleverage.com/freeld
Free Long Distance
Posted in Blog.
So, you read my book Escaping the Middle Class, and you’re looking for some tools to help you make it all happen. Save money. Pay less debt interest. Become financially free. Create passive income. One useful tool we provide to all our readers (thank to the Finish Wealthy Group) is a complimentary copy of the Debt Eliminator software.
Here’s how to claim your free account:
1) Register on the site.
2) Let us know that you’ve registered, and we’ll upgrade your account for free!
It’s that simple. Also, when you register for a free account, we will offer you an electronic version of Escaping the Middle Class as a bonus. Just remember to ask for it in your email to us, so we know to send it to you.
This is also pasted in the Resource section.
Enjoy!
Douglas Anderson
Posted in Blog.
Today I’ve decided to review one of the longer held investments in my personal portfolio: League REIT.
I just passed the two year anniversary of my own personal investment in a private Real Estate Investment Trust (REIT) managed by League Assets Corp. They score an A+ in my books.
Overall, I have been very impressed. As usual, I took the ~10% annual cash flow out of the private REIT to see how prompt and accurate the payments were. They never missed a payment, ever. Nor have my payments ever gone down. In addition to my monthly cash flow paid right into my bank account, I have also seen about a 7% rise in the value of the properties listed in the League REIT, which is now independently valued by a third party.
On the communications front, I do believe the co-founder Emmanuel (Manny) Arruda dedicates a large portion of his time to keep us “member-partners” well informed. This goes for both updates with the current League REIT investment, as well as other opportunities for capital placement as they arise. If ever I needed more info than what was provided in his updates, I would simply contact League and I am sure I’d get the answer I would be looking for. I have never got that sort of personal attention in the past, certainly not with vehicles like “mutual funds.”
League calls us “member-partners” because they belive we are part of their team. And “member-partners” we are indeed. I do get a sense that the founder Manny Arruda and Adan Gant actually do want us to be “part of the family” so to speak. I’ve always got a very warm and personal feeling when dealing with League. Sounds warm and fuzzy, but an important trust quality when you hand thousands of dollars over to be invested.
When I was first looking at this investment, I was living in Victoria, BC and actually visited their offices and met with the founders personally and asked the probing questions. Since then I’ve seen them around Victoria on numerous occasions, either speaking at the same events I was speaking at or seeing them give very large cheques to their favorite local charity.
As far as non-touchy feeling warm and fuzzy bass for the investment, every member-partner gets a full prospectus with balance sheets included in order to make the decision. Basically any numbers one want to see in order to evaluate the opportunity is fully disclosed.
And just the other day I got notice from AON that they have decided to insure League as well. Icing on the cake.
At the end of the day, the League REIT continues to be an impressive asset is the old portfolio, having predictably and safely paid out double digit returns over the past two years. Just FYI.
I have included them on my resources page.
Posted in Blog.
Today I bring you a review of a site I ran across called EZTrader.com.
EZTrader.com allows you to easily place bets on options in the stock market and FOREX market. If you profit, your option pays out between 65% and 81% of what it cost you to buy the option. So if you bought an GOOG (Google Stock) option for $100, you could make $165. However, if you don’t profit, you lose between $95 and $100. Because the outcome is based on the underlying stock price going up or going down, you pretty much have a 50/50 chance of either outcome. If the stock goes up, you profit. Goes down, you lose.
And that’s pretty much all you need to know, because those odds kill your chance of making money anyway.
I can’t remember where I clicked the banner for it, but in reading about it and doing a little research I realized that there is quite a bit of controversy over it so I thought I would share my analysis.
(My analysis isn’t favourable, so sorry to any hopefuls)
I cannot find any way to make the math work out in the investors favor. Here’s what I’ve got:
The best Win:Loss Ratio you can get is 0.65:1 (You can win $65 for every $100 risked). I used the case for the FOREX, but I know there are S&P500 that pays out higher numbers like 81%. But it doesn’t matter. As long as it’s below 100%, you’re odds of making money are slim.
So, a win:loss ratio of 0.65-to-1 means you need to win your trades 61% of the time to break even. More if you want to profit.
Think about it this way: if you could win as much as you could lose (1:1, or in EZTrader.com lingo “100% profit in one hour”) then you would only need to win 50% of your trades to break even. It’s like flipping a coin with equal payouts. But, since you can only win a fraction (0.65 or so… less than 1.0) of what you can lose, you’ll always need to have winning trade MORE than 50% of the time to profit in the long run. Around 61%. That’s important, because you odds of the stock going up or down after you purchase your option is 50/50 (not 60/40).
If you try the option hedging techniques suggested on other blogs, then you are decreasing your Win:Loss ratio. You get less bang for your buck. If you put everything on a CALL or a PUT, then your Win:Loss ratio is 0.65:1. You could gain $65 or lose $100.
If you split your bet 50/50, then you spend $100 but will only ever gain $50 x 1.65 = $82.50. In other words you will always lose $17.50. Your Win:Loss ratio is -0.175:1. Horrible.
Anywhere in between 100/0 and 50/50 is just a variation. For example, if you spent a total $140 – $100 on a CALL and $40 on a PUT, you will either come out with:
PUT Wins: $40 x 1.65 = $66 (a loss of $74 from the $140 it cost you in option premiums)
-or-
CALL Wins: $100 x 1.65 = $165 (a gain of $25 from the $140 it cost you in option premiums)
Thus you risk losing $74 in order to gain $25. Win:Loss ratio is $25:$74, or approximately 0.33:1.
With a Win:Loss ratio of 0.33:1 you need to win about 75% on an average of ALL YOUR TRADES in order to BREAK EVEN. Win more than 75% of your trades to profit. Good luck with that.
In fact, you have better chances at a casino in terms of odds. At least there it is closers to 51%. Plus, a casino (or anywhere else) would let you place bets bigger than $1500 on one trade. Who is going to get rich when EZTrader.com caps your bets at $1500 bucks? C’mon! This program is obviously aimed at a cash grab from amateurs with a credit cars who can’t do math.
I know of far more simple and better chances of making money. I suggest using one of those instead of EZTrader.com. Zero stars out of ten.
Posted in Blog.
I finally got around to posting the resources available to my blog. Over the course of time, I’ll post reviews, descriptions, tips & tricks about each one as they all have their place the investing world. Stay tuned!
Posted in Blog.
I’ve posted some of my basic investment portfolio rules to my blog.
http://blog.yourleverage.com/investing-rules
It comes with strings: the disclaimer: These are my own personal rules, not yours. You can use them if you like, but keep in mind I am not providing any opinion or advice whatsoever (legal, securities, or otherwise). I am not a financial adviser, stock broker, or mutual fund salesman nor do I hold out to be. Whatever you decide to do, you do at your own risk and cannot hold me liable.
Enjoy,
Doug Anderson
Posted in Blog.
