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Wealth Building 202 – Investment Strategy Building Blocks

In this segment we will begin to build some foundational knowledge that will help you to understand (or better understand) how investing works. At this point I am assuming that you have your budget under control and that you are saving for emergency spending, short term expenses, and long term goals. If not, you can still continue reading and store this information for the (hopefully near) future when you will be able to use it. Even if you’re not ready to invest yet, it’s never too early to start learning about it!

All the technical financial stuff aside, in my opinion the key building blocks for developing a successful in investing strategy are: Goals, Time Horizon, and Risk Tolerance. I discuss each of these in detail below:


Having high net worth sounds good, but when you think about it, for most people it’s really not very motivating to deprive themselves of immediate gratification for a number on a balance sheet. What makes it really motivating is to have goals that you are investing for. These are the things that, as you pass up that extra vacation, you can say “this is for (___________). The more specific you can be the better. For example, I had a client come to me one time who had a significant sum of money saved up and wanted to retire young. As I looked at his portfolio I asked him what he wanted his standard of living to be. At the end of the discussion it turned out that, given his desired standard of living, he needed to continue working for a bit more before he could retire. So, as you can see it really helps to put a very fine point on exactly what you are investing for.

Time Horizon

This is a significant piece of information required to determine what an appropriate investment strategy would be. For example, I manage a portfolio for someone who had a 10 year time horizon very differently from someone who had, say, a 30 year time horizon. What might be very appropriate for one might be extremely inappropriate for another simply based on the time that they can leave their money in the investment.


The financial community is obsessive about the concept of risk and it can get very technical, but for the purposes of our discussion I will speak in very general terms here. The saying goes that the more risk you take on the more potential you have for reward. I would hasten to add that “potential” is the operative term here. The potential reward of winning the lottery given the amount of investment beats pretty much any investment out there, BUT the comparative risk is also astronomical to the point of absurdity. When discussing potential investments with my clients they would often focus on investments with very high returns. However, after further discussion what I sometimes found was that their tolerance for risk would not allow them to be at peace with the investment(s) that they were looking at. We ultimately decided on something a little more conservative. I would say that the rule of thumb with respect to risk is to put it to the “Will I be able to sleep at night?” test. That said, there are many ways of reducing risk and while still working towards superior returns. I will cover those in a later segment.

The key is to have these things well defined in your mind. This will serve you well in creating an investment strategy that you can work with and that works for you.

Assignment: Think about these three building blocks. Make a list of your financial goals, determine what your time horizon is for each of those objectives, and think about what your risk tolerance is. Perhaps a good way to think about your risk tolerance is to make a scale from 1 to 10 with 1 being that you would never want to see any less in your portfolio than at least what you put in and 10 being that you think a good retirement plan is to buy a lottery ticket ever day. Most reasonable people fall somewhere between 3 and 8!

Next segment we will take a look at (without getting too exotic) various investment vehicles and how they might relate to your investment strategy. I hope you’ll join me for that!

Yahoo Small Business – The Many Benefits

When a person starts a small business, there are many preparations to be made to ensure the overall success of the business. Some of these preparations include setting up a webpage, developing a domain, implementing emails for the business, getting internet access that is appropriate to the needs of your business, as well as developing a marketing strategy. If you implement the use of Yahoo Small Business, you can get all of this and more! In this article, you will be introduced to a number of benefits when it comes to using Yahoo Small Business.

One of the main benefits of using Yahoo to assist you with your small business needs is the Yahoo Small Business Web Hosting service that is offered. With Yahoo, you can enjoy a multitude of wonderful features. The first being that you can design your website with a great deal of flexibility! You can also implement the use of the many professionally designed templates, or pull a template from a 3rd party.

In addition to this, Yahoo Small Business Web Hosting service gives you a lot of web hosting space for your products. Each month, you are permitted to have an unbelievable 200GB of bandwidth in which data can be transferred to your customers. You can also enjoy a large 5GB of web space to effectively design your website.

When you sign up for Yahoo Small Business Web Hosting, you can get a free domain name in order to brand your website. If you already have a domain name, that is no problem! Yahoo will allow you to bring your own name with you! In addition to outstanding features that come with your web hosting subscription with Yahoo, you can enjoy the comfort of knowing that there are specially trained professionals available to you every hour of the day of the week if you have questions, concerns, or issues with your service or website.

Many small businesses enjoy the Yahoo Small Business Web Hosting service because the subscription runs on a month to month basis, and there are no contracts involved in which you must commit to a certain term of service. Furthermore, the prices are quite competitive. You can have all the benefits of this service for as little as $7.77 for the first 2 months, and then $8.96 per month thereafter! This is an exceptional value!

When using Yahoo Small Business, you can enjoy a variety of marketing features. Marketing is a key component to the overall success of your business. One of the most popular methods that many business owners use is advertising in Yahoo! Local. You can display your business logo, describe your business, advertise your products, and more by implementing the use of this effective marketing strategy.

Individuals who take advantage of the marketing tools in Yahoo Small Business can submit their website to the Yahoo search engine. Many business owners also submit their website to the Yahoo Directory, and promote their products in Yahoo Shopping. By using these various marketing tools, a business can gain exposure, increase their search engine ranking, and potentially earn an outstanding income. Yahoo Small Business works to make every effort to ensure that each business is successful in their endeavors.

Internet access is often very important when it comes to the productivity of the small business. While there are numerous providers of internet service available today, if a business decides to use Yahoo as their one stop business solution, they can enjoy the collaboration of Yahoo and AT&T. This collaboration can provide you with an inexpensive way to ensure high speed internet access with great reliability. For as little as $14.95 a month, one can enjoy exciting features such as enhanced business security, effective and reliable connections, and many tools that allow you to communicate with your clients, customers, and coworkers.

Email is an essential part of every small business. When you utilize the email service that is provided by Yahoo Small Business, you can enjoy many features, which include:

- Unlimited Space on the Email Server

- Your Domain Name on Email Addresses

- Free Email Newsletter

- Spam Solutions

- Name Brand Antivirus Software

By using this Yahoo Business Email service, you can assign personalized email addresses to individuals that conduct work within your small business. If you want to create a professional, high-quality solution to your email needs, Yahoo provides outstanding services that make this possible.

As you can see, utilizing Yahoo Small Business can prove to provide many benefits to your small business. You can depend on this service to provide highly technological solutions for your business with outstanding reliability and customer service.

Create a yahoo web site for yourself and see the excellent benefits and features that you can have for a great price. The Site Solutions tool alone will amaze you with how easy it is to build a web site. These features are a great beginning on why anyone should choose Yahoo Small Business.

Domain Name Investment – Dead Industry Or Lucrative Money Maker?

With all the other traditional methods of investments failing miserably, it’s very important that I inform you about the highly lucrative opportunities that exist online right now in regards to domain name investment. Unlike stocks, real estate and mutual funds, domain name investment profits are on the rise. Buying up virtual real estate is quickly becoming the #1 way to invest your money for the 2010′s.

A lot of naysayers out there are quick to give to domain industry a bad rap. This is due to rapid inflation from the speculation in Domains earlier this decade. However, we have moved far past the days of speculation, and in to a much more accountable, and financially sound investment arena when it comes to Domains.

No longer are their people trying to make a domain name investment on sheer hope that it will one day be worth something. The truth is, most Domains are barely worth the registration fees that were paid to create them. However, when a Domain is of value to an end user or is built out by someone, it quickly becomes more valuable. And most importantly of all, the income and expenses can be tracked, thus allowing for the ability for real values to be placed on these virtual properties.

Domain name investment is here to stay. Whether you are a traditional brick and mortar business or not, you NEED a domain name and a website to be competitive in the business world today. Also, there are a limited number of Domains names, so this creates supply and demand issue that favors the savvy investor.

Just like its traditional counterpart, real estate, domain name investment has a huge upside potential to generate strong returns. However, the returns on domain name investment are generally in the hundreds of percent (even thousands), whereas normal real estate is lucky to see a 10% return.

With the economy in the lowest point since the Great Depression, people are looking for any means of salvation they can. Domain name investment here to save the day!

Did you know that the average sales price of a Domain on the aftermarket is $2,500.

This figure alone should get you excited! But, most people thing that the Boom is over, and there is no way to still make the big money with domain name investment. Well, that could not be further from the truth! Right now, there is enormous opportunity to make money in the Domain market! Plus, the future is looking better and better each and every day.

With that thought in mind, here are 3 Reasons why you should be looking in to domain name investment rather than traditional strategies:

1) The Internet is dominated by the Search engines…and the search engines place a huge weight on your Domain name when it comes to ranking highly in the results.

2) The USA is no longer the only heavy hitting player on the web. The rest of the world is jumping online at an ALARMING RATE!! And you better believe they are going to want their own (dot) whatever and not (.com)

3) Thanks to this down economy, a huge window of opportunity has opened for those that looking to diversify their financial strategy and get started with domain name investment.

Now that you see the opportunities to building massive wealth from domains, it only makes sense to ask how you can get started in this lucrative industry. Well, let me tell you that there is a lot of false information floating around on the web about Domain name investing. The best way to get started is to learn from someone who knows the Industry TODAY and teaches current strategies.