Real Estate Investment Opportunity

Pre Foreclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

That’s where I come in.

I’ll be your strategy consultant who helps you [the investor] with your real estate investments planning. As a Real Estate investment consultant, unlike a Real Estate broker or sales agent, I’ll do more in-depth work on formulating your investment strategies, helping you [my client] fulfill your needs and goals.

Real Estate has long been recognized as a valuable addition to the traditional stock and bond portfolio model. Yet most investors struggle to efficiently access the asset class, where finding quality investment opportunities requires relationships and local expertise. That’s where I come in.

Investments and asset allocation. Where to Invest?

Patrick Iturra is Back (2019)

I return to the Social Networks: (English Subtitles)

Greetings from El Mirage, CA. This time with my son, driving  at more than 150 mph (240 kph) that was exciting.

I announce that I will return with our Online meetings with the entire Financial Education Team. Stay in Contact.

Video: El Mirage, CA. Car: Lamborghini Huracan Music: Matthew Iturra: https://soundcloud.com/matthew-iturra/imploded

10 Cryptocurrences To Watch In 2019

Earlier this month, arguably the biggest blockchain week in the world kicked off in New York City with CoinDesk’s Consensus event. A previous interview that covered blockchain technology led to a deeper look at the technologies, founders, and companies that are emerging in the industry.

While some of the best projects on display were infrastructure-related, like public blockchains, others were more focused on ancillary services. The teams of these innovative blockchain startups are global, cutting-edge and typically include early blockchain adopters as founders.

KaratGoldCoin was named by Forbes magazine in the top 10. The list shows the 10 companies that work to make Cryptocurrencies more accessible, prominent and general. KaratGoldCoin (KBC) less than 1 year after its launch, It offers something unique with the potential to disrupt traditional industries, as well as get the support of legitimate entities. Based in Germany, Karatbars International GmbH is the parent company of KaratGold Coin and a robust gold-based ecosystem of cross-border blockchain solutions.

The 10 companies: Continue Full Article Forbes Magazine

REGISTER HERE

Company To Link Gold Trade Payment Methods With Cryptocurrency Techniques

KaratBank is creating a new Blockchain-based cryptocurrency based on the ancient legacy of gold. Whilst not readily used in trading today, gold has traditionally been viewed as a safe and secure investment. Combining this historical method with the most modern, cryptocurrency, may not seem like a likely partnership. However, a new company is doing just that.

KaratBank claim that they take the advantages of gold trading and apply it to cryptocurrency. They highlight that gold is a trusted means of investment worldwide, is limited in quantity (which can push up value) and is also stable in price. By linking each of their KaratBank Coins (KBC) to a physical weight of deposited gold (in the form of CashGold – 24 carat gold embedded on a bank note), each token has a stable, trusted value. KaratBank Coins are based on the Ethereum Blockchain protocol allowing for use of smart contracts. The team describe the coins as ‘the foundation of a strategy to promote the development, infrastructure and distribution of a safer, more trustworthy payment means.’ KBC is linked to KaratPay, an online payment platform.

Their whitepaper describes KaratBank’s end goal as ‘The KaratBank Coin is designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium.’ There are many advantages to KBC listed: its links to reliable 24 carat gold prices; the ability to exchange for CashGold at any time; real-time exchanges from any location at any time; the ability to use other popular crypto such as Bitcoin to purchase KBC; free and borderless transfers; and the low service charges for using KaratBank. These advantages have not gone unnoticed, as KBC payments steadily become more and more accepted around the world for transactions.

Reassuringly, KaratBank are in cooperation with Karatbars GmbH, (who already have an established community of nearly 500,000 users worldwide who have collectively invested $120 mln), meaning that the growing number of companies worldwide accepting Karatbars as payment will also do so with KaratBank Coin.

The pre-ICO has already begun and will continue until March 21, with the main ICO beginning March 22 (1 KBC = $0.05). By April 18, the team aim to have KaratBank Coin listed on one major exchange. By 2020, they hope to have 2 percent market penetration, and market capitalisation at $500 mln.

For a start, KaratBank CEO Harald Seiz has forty years of experience in financial consultancy. He is also founder and managing director of Karatbars International GmbH, bringing his extensive knowledge of the relationship between gold and cryptocurrencies to KaratBank. His expertise has been recognised by the Federal Association for Economic Development and Foreign Trade, who have awarded him a Senatorial Degree. The rest of the management team also have extensive management credentials from various financial companies across Germany, and the advisory staff boast experience from Karatbar operations in Dubai to the UK.

The knowledgeable team and proven success record with Karatbars indicates an exciting time for this company, and possibly a revolutionary new way of currency investment by marrying traditional investment methods with new innovations.

For more information click HERE

Source: CointelegraphKaratbanks

KaratBank

Harald Seiz, CEO and Founder of Karatbars International was appointed Senator by the German Federal Association for Economic Development and Foreign Trade (BWA).

The goal of Harald Seiz is to develop innovations on the subject of monetary policy, hand in hand with the domestic and foreign policies.

“I am convinced that we can make a difference” Harald Seiz says, “because a debt-free currency is within our reach, but we can only bring change if we take joint action.” Learn More, The Greatest Wealth Transfer

Karatbars International is already working on it; 24k Gold is the oldest currency in the world. “We want to set an example and show the world that it is possible to introduce debt-free means of payment.  Click Free Registration

With the help of politics and the general public we have a huge opportunity to provide a better life to people worldwide. ”

Conducted by Anja Schäfer-Oettinger

More about Karatbars International

The 401k Future

Coming changes in the retirement industry represent a seismic shift decades in the making.

Simply put, a comfortable and secure retirement can no longer be taken for granted by the vast majority of the population. Unlike the past, no single institution or corporation will come to the rescue with guarantees. Today, employees are largely on their own when preparing for the future, yet the extent to which most people will reprioritize to fund their own retirement remains to be seen.

With the looming threat of a flat-lining retirement industry, defined contribution plans like the 401(k) arguably act as a defibrillator—and a good one at that—but they’re far from a sure bet.

Step Back: How Did We Get Here?

No matter how unfashionable it might be to acknowledge past actions or inactions that have led to a current conundrum, every now and then, it’s worth a pause to consider the course of events that have led to where we are and where we’re most likely headed.

Historical Context

Rather than rehashing 50 years of history, suffice to say that globalization is largely to blame for much of the strife facing the retirement industry today. Looking back to the late 1960s, after Vietnam and before low-cost labor from Asia impacted worldwide pay scales, baby boomers became a driving force, both politically and economically, exerting significant pressure on both wages and benefits in the United States. Those were the halcyon days of labor unions, when employees, both skilled and unskilled, were given not only high wages but also high quality medical benefits and pension plans that would ensure a flow of income all the way to the grave.

The risks and costs of guaranteeing lifetime benefits didn’t escape the attention of the companies offering them, but there were no easy solutions. Some defined benefit pension plans were negotiated but then not properly funded. And others got creative with their actuarial assumptions, in some cases applying a discount rate of 8 percent or more in an attempt to deny or forestall the reality of the future cost of the guaranteed retirement plan.

When China decided to become a member of the world community, things went from bad to worse. Product production shifted into high gear in Asia at a cost that was substantially less than goods produced in the United States. And this sent U.S. companies scrambling to remain competitive, which meant reducing costs and overhead as much as possible. As a way of reducing labor costs, benefit plans were among the first expense categories that came under pressure.

Industry Context

Over the past 20 years, corporate America has increasingly done away with defined benefit plans to instead offer profit sharing plans in conjunction with 401(k) plans. Today, DB plans have all but evaporated from the landscape, with the exception of plans offered by local, state and federal governments. These employers have not felt the pressure of foreign competition, however tremendous unfunded liabilities and significantly longer life expectancies are beginning to take their toll. The strain on governments to properly fund these plans leaves few other options than to raise taxes.

Thus, the whole concept of a guaranteed lifetime benefit has gone the way of other impossible dreams. The 401(k), 403(b), and other similar plans are now the primary source of future retirement income to go along with Social Security. And employees are now largely responsible for their own retirements. So, where do we go from here?

The Much Needed Wake Up Call

Right off the bat, employees must be made to understand exactly what’s at stake. And the most effective way to make that point clear is by providing a personalized retirement readiness assessment. For some, this can feel much like a virtual ice bucket challenge, which is just what you want. The report should delineate how much employees should save for retirement, based on their specific needs, versus how much they’re saving currently. And if they’re not going to make it, they need to be told—in no uncertain terms.

Employees are not the only ones that need a wake up call. The responsibility also lies with plan providers. The new DOL ruling is an admonition to the retirement industry—that plan providers and advisors must act in the best interests of plan participants, which should mean helping to alleviate some of the retirement planning burden by providing the best possible services at fair and reasonable prices.

A Pill Worth Swallowing

Breaking the news to plan participants that need to save around 18% of their earnings can be difficult.  But there is good news to deliver as well. The key points to illustrate are the exponential benefits of even small increases in 401(k) contributions, the power of compound interest over time, and the tax savings that can be realized.

Another vital part of this conversation should be a discussion of the optimal asset allocation and investment choices based on the employee’s specific needs. When the advisor can illustrate savings growth, based on realistic rate of return assumptions, financial goals begin to seem achievable.

The employee education process is crucial to the success of the 401(k) plan. But the time and effort it takes to really get through to people—including group educational forums and one-on-one planning session—is substantial.

Increasing the Odds

No matter how much plan participants can discipline themselves to save, if they’re invested in inferior investment products, it could be all for naught. To make a real difference in people’s lives, plan fiduciaries must be hawkish when it comes to the quality of the investments options and the legitimacy of the fees.

Advisors should recommend benchmarking the plan on a continual basis, to determine the latest industry standard for investments and to identify and eliminate any excessive and unnecessary fee. This is at the heart of what it means to be a plan fiduciary—to act solely in the best interests of the plan participants, act in a prudent manner, diversify the plan’s investments, and ensure that the plan expenses are reasonable.

Through a diversified fund lineup, that includes both active and low-cost passive investment options, and by ensuring that providers are free of inherent conflicts of interest, the odds of achieving a desired level of retirement readiness can be well within grasp.

Tracking Progress

Once the right products are in place, it’s imperative to remain vigilant in ensuring that performance remains on course and individual plans stay on track. To that end, a process for the selection, monitoring and replacement of investment choices is imperative.

As those in the retirement industry for any length of time have observed, if the current course is left unchecked, the prospects are bleak. We’re trending toward a scenario where many, many people will find themselves struggling to make ends meet during retirement. That’s why, now more than ever, plans sponsors and their advisors have a duty to help.

If being in this businesses is worth doing, how much more satisfying to know that you’ve helped steer as many people as possible toward a more promising future. It’s a great challenge and it will take a concerted effort on behalf of everyone to see to it that no one is left behind.

Source: 401k Solution Beirne Wealth

Why I Hope Donald Trump Paid $0 in Taxes

Written by Robert Kiyosaki | Tuesday, August 16, 2016

And Why Hillary Clinton is Wrong To Attack Him On It

You can tell that the presidential race is heating up because the attack ads are heating up too. In the past, much of political advertising happened on the television. If you didn’t like it, you could change the channel. This election involves social media more than any other I can remember.

Last week, Hillary Clinton, the Democratic nominee for president, sent this out on her Twitter account:

patrickiturra.com
Twitter

Usually, the candidates choose to release their tax returns if they are running for president. Donald Trump has elected, so far, not to do this.

Last week, Hillary and Bill released their 2015 tax return to the public. This was most likely the reason they are attacking Trump on his tax returns. As The New York Times reports, Hillary and Bill paid “$3.6 million in federal taxes for an effective tax rate of about 35 percent.” Most of this income came from speeches and Hillary’s memoir.

I find it interesting that Hillary would choose to attack Donald Trump for not paying anything in taxes and celebrate that she paid so much in taxes. This to me shows that Hillary is a career politician, while Donald is a career entrepreneur. It also shows me that Donald is doing what the tax code was intended for while Hillary and Bill are being penalized for not doing what the tax code was intended for.

As I’ve learned from my Rich Dad tax advisor, Tom Wheelwright, the most patriotic thing you can do is not pay your taxes!

Let me explain.

The Tax Code is Made to Incentivize

As you probably know, the tax codes in the US and in many different countries are long and complicated. The question is, why?

The reason is that government leaders learned a long time ago that the tax codes could be used to make people and businesses do what they want by utilizing the tax code.

In short, the many credits and breaks that are found in the tax code are there precisely because the government wants you to take advantage of them. For instance, the government wants cheap housing. Because of this, there are many tax credits for affordable housing that developers and investors can take advantage of that minimize their tax liability, put more money in their pocket, and in turn, create affordable housing. Everyone wins.

There are many scenarios like this in the tax code that incentivize investors and entrepreneurs to do activities the government is looking for while rewarding those who take those actions with lower-or zero-tax burden.

Because of this, limiting your tax liability actually means you’re doing what the government wants you to do through the tax code. And that is the most patriotic thing you can do.

Why Hillary is wrong

This is why it is insanity for Hillary to criticize Donald for not paying taxes. The only way in which he would not pay taxes would be by doing things like investing and creating jobs to receive tax benefits created by the government! Conversely, the fact that Hillary and Bill paid a 35% tax rate and millions in taxes shows they are not doing what the government wants. They are not providing jobs, starting businesses, or investing in a meaningful way.

Personally, I’d rather have someone who understands how money and taxes work, how to create jobs and invest in ways our own tax code incentivizes, than one who doesn’t. This is not an endorsement of either candidate, but it is a true observation regarding this one issue.

Hillary’s tweet is capitalizing on the general ignorance around money and taxes that much of our country has. In that way, it is actually a lie and a form of fear mongering. It is an attack without legs to stand on, preying on emotions rather than appealing to logic and intellect.

But that’s what most of our politics has devolved to these days, so I’m not surprised.

Want to know more? Read Tom’s book on taxes

During the election season, you’ll hear lots of things that sound right, but fall apart upon further analysis. That’s why it pays to do your own homework, especially when it comes to money and taxes.

And that’s why you should read Tom Wheelwright’s book, Tax-Free Wealth.

Tom is a genius when it comes to taxes, and I encourage you to read his book- and to begin looking at how you can be patriotic by not paying your taxes by investing and building businesses that the government rewards with tax breaks and credits for doing exactly what they want.

Also, for more information on using the tax code to get rich, take advantage of our Rich Dad education and coaching classes that will help increase your financial education and your wallet, while decreasing your tax bill.

More to protect your money: Do You Need Insurance Against the U.S Dollar?

Written by Robert Kiyosaki | Tuesday, August 16, 2016

KaratPAY

KaratPAY a new global payment.

KaratPat_n

Soon all around the globe people will have the opportunity for the first time to control the inflation on their own economy and their own currency devaluation.

Do you Imagine maintaining the same purchasing power in the years to come? Continuing with your same life, and at the meantime others have to work more and pay more for their products? All this happens for the actual currency devaluation, every day our necessities are more expensive. Stop demanding for better salaries, take action with KaratPAY you’ll be in control and become more financial independent.

Learn more at Karatbars The Global Currency

If Donald Trump Becomes President

Here Are the Stocks to Buy…

Companies in these four industries would benefit.

by  Simon Constable 

Big change in the land’s highest office can mean big changes in the economy. In general, promises are broken or only half kept. Still, we get clues on which areas of the economy will be favored, and which will not. Health care got a boost under President Obama, and defense did well under George W. Bush. With any politician running for office it’s hard to know exactly how things will turn out if they’re elected. What if Donald Trump were to become the next U.S. President, which sectors would benefit then? Here’s what some experts had to say on the matter:

Defense

US-NORWAY-LOCKHEED MARTIN F-35A LIGHTNING II JET FIGHTER
First Norwegian Armed Forces Lockheed Martin F-35A Lightning II, known as AM-1 Joint Strike Jet Fighter, is unveiled during the rollout celebration at Lockheed Martin production facility in Fort Worth, TX, on Tuesday, Sep. 22, 2015. The Lockheed Martin F-35 Lightning II is a family of single-seat, single-engine, all-weather stealth multirole fighters undergoing final development and testing by the United States. The fifth generation combat aircraft is designed to perform ground attack, aerial reconnaissance, and air defense missions. AFP PHOTO/LAURA bUCKMAN (Photo credit should read LAURA BUCKMAN/AFP/Getty Images)

 

Military strength has long been the Republican party mantra. Trump might be even more aggressive.

“In terms of going after terrorists from the air, you’d see an expansion of that,” says Ian Bremmer, president of Eurasia Group. Compared to Obama, Trump is not risk averse and is much more likely to take action that is “narrowly unilateral and doing it without an awful lot of discussion.”

Who wins? High-tech defense and aerospace manufacturers like Lockheed Martin  LMT -1.47% , Raytheon  RTN -0.73% , Boeing  BA -0.56% and Northrop Grumman  NOC -0.39% .

Infrastructure

infrastructure-projects

It should be clear to anyone with a car that the nation’s roads need an upgrade. And Trump has said he would like to do something about it. In a debate in December, Trump said the nation would benefit from spending billions fixing roads, bridges, airports.

“Mr. Trump is Mr. infrastructure,” says Peter Tanous, chairman of Washington D.C.-based Lynx Investment Advisory. “He has more experience building than any president in history.”

On top of that, Trump’s biggest campaign promise—building a 50-foot wall on the boarder of Mexico—would be a huge infrastructure project. Estimates range from $15 billion to $25 billion to build the wall, which would have to stretch some 2,000 miles to cover the entire board. Maintenance could run another $750 million annually.

Tanous points to Jacobs Engineering  JEC -0.89%  as a likely benefactor of such a makeover. Likewise, the Fluor  FLR -0.07% , which competes with Jacobs, will pick up business. As with all things that involve earth moving Caterpillar  CAT 2.19%  should benefit as well.

Small stocks over large

“He has a fairly protectionist message,” says Jason Pride, director of investment strategy. Protectionism, whether it be through tariffs or quotas on imported goods will be bad for multinationals because they are directly involved in international trade.

Smaller companies, particularly those that predominantly operate in the United States, will be dramatically less affected. As a result small cap stocks should outperform the shares of large companies. A good investment then could be Vanguard’s Russell 2000 ETF, which tracks 2000 small-cap and mid-sized companies.

Still, Pride warns, because Trump is an outsider to the globalization establishment there will likely be a lot of uncertainty about how things will turn out if he becomes president. Already, Trump has back peddled on getting rid of a visa program for skilled workers. So look for some softening on his stance against free trade as well.

Restaurants

the-restaurant

A protectionist policy to trade combined with a crack down on illegal immigration could have an interesting impact.

First, if companies started to manufacture in the U.S. again then we would likely see wages for skilled factory workers jump.

More and better wages for workers would likely benefit those industries not affected too much by international trade, like restaurants. That’s something that could benefit the dining business, says Peter Morici, professor of economics at the University of Maryland University School of Business.

That said, the back bone of the food service industry depends on at least some illegal labor. If the “mass deportation” ever materialized, which is doubtful, then wages and other costs in the restaurant business could rise as well.

Still, there could be a case for investing in primarily domestic chains, particularly those with clients that are less price sensitive if the restaurant industry does have to shell out more money for workers.Take a look at Del Frisco’s Restaurant  DFRG -1.12% , and primarily domestic Ruth’s Hospitality  RUTH 0.00% , which owns Ruth’s Chris Steak House.

If you want to earn a big quantity of money, we can provide a simple business strategy in Real Estate Investments. We can help you. Contact me Here

Medicare fraud

This is the two major problems of capitalism. 

Ignorance & Greed

loretta-lynch-medicare-fraud
Attorney General Loretta Lynch announced the Fed’s biggest Medicare fraud takedown this week

The FBI arrested 46 doctors and nurses across the country this week in the largest Medicare fraud bust ever. 

243 people were arrested in 17 cities for allegedly billing Medicare for $712 million worth of patient care that was never given or unnecessary. Learn more at Medicare Fraud CNNMoney

My question is, what is the difference between uneducated people and this medical sector?

Neither, it is just a lack of financial education that gives this result. This is what the self employed sector doesn’t understand; the difference between wealth and making a lot of money.

Medicaid_fraud

Everyone has to learn to form a cash flow system, not work for money… It’s not easy working, but it rewards you after a period of time.

My fellow followers, continue to my blog, I am preparing a simple 3 step process on making a cash flow system for you to use in your meantime while working towards becoming wealthy

Keep in touch, Patrick Iturra