Who is Appraiser?
In real estate investment, how you know the market value of a property? Maybe you know it from your broker or your experience. However, you may also pay someone else to evaluate for you. This is what an Appraiser do.ÂÂ
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Normally an appraiser will estimate a property base on :
- a market analysis of the prices of recent sales of similar properties in the area
- The property’s physical condition which requires an interior and exterior property inspection
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Are you suitable to start your own business?
Are you feeling bored with your current job and wish to start a business on your own? Then you must read on and find out - Do you suitable for business.
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Company Doctor, Scott Clark has a great article over Bizjournals.com that talk about the 11 personality of a businessman and from there you can see what make a businessman success. Below is the list:
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- Highly Confidence and Overly Energetic
- They strive to maintain absolutely control over their destinies.
- They are goal-oriented to a fault and they cannot tolerate mediocrity or failure.
- They are impatient and bored by the planning and administrative aspects of their company.
- They have large egos and tend to believe they are always right.
- They are calculated risk takers.
- They are good communicators who can generate enthusiasm within others.
- They are weak in money matters, seeing cash only as a means to an end, rather than as an essential commodity.
- They are totally focused on their own super-widget
- They often perceive themselves as infallible.
- They are visionaries
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I would like to discuss the #8 personality where “they are weak in money matterâ€Â. I don’t think they are weak in money matter but instead they are rather sensitive on this method. If we not sensitive enough to know the cashflow of our business, we are in danger! This is my personal experience.
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What do you think?
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PS: You may read the original article, Do you really want to run your own business? From Scott Clark here.
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The Myths of SAVING Money?
When we are young, I think there are lots of people and information tried to push the “concept of saving†into our mind. It is not surprise that when come to money, people always care how much money they can save and some people, I believe, how to save money is one of the important plans in their financial planning. However, sometimes if your mind only concentrate on how to save money, then you might end up losing money that you might not realize.
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Today, I just want to share with you some of the “Myths†of Saving Money that we might not realize.
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- I have a saving account, so I’m saving money!
Having a saving account and you are putting money inside does not means you are saving money. If you have credit card debts, which I think many people will have, the interest rate of these debts are ALWAYS greater than you saving interest.
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- If I buy something on sale, I’m saving money!
If you buy something on sale, you are paying less compare to the full price without promotion. For example, you buy a laptop at $1000 and the normal price is $1200. So you only pay $200 less. You only considered as you are saving money if you take out the $1200, spend the $1000, and put the $200 aside without spending it in other place. Then you are saving $200!
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- If I refinance my house at a lower rate, I’m saving money!
I bet the bank will get richer if more people think that refinance their mortgage or other loans at a lower rate will save them money. The point arises here is if you refinance your mortgage after paying 5 years of installments, you will loss you money because normally first few years you are paying for interest. So the more you refinance, you will loss more money.
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- If I made more money, I can save more money!
Theoretically, this is correct. However, this only right if you don’t increase your consumption after the raise. The truth is, however, that most people quickly increase their consumption after an increase in pay.
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Do you agree with the saving myths above?
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