Leverage...great word but what does it really mean?

I was thinking of the word leverage. Leverage is a great tool to use when you need something other than your personal strength to get something done. How would one use leverage in Real Estate? How did the leverage of the banks lead us to ruin? I looked up the word Leverage and the definition is as follows: to use for gain : exploit (definition: a notable or heroic act) shamelessly (definition: a painful emotion caused by consciousness of guilt, shortcoming, or impropriety) leverage the system to their advantage — Alexander Wolff. By adding in the definitions of the not so common word, let's reword it to make sense for us normal people!

Leverage is use for gain, worthy of noting, leverage is used without consciousness of guilt or in accord with fact, truth or right procedure so they can take advantage of the system.

Rewriting it that way it sounds pretty underhanded. Is that how we interpret the word Leverage without even knowing it? Is that what keeps us stuck in the mundane cycle of our working careers? Is that what keeps us from learning the secrets of the Rich? Is that why we interpret or say "the rich will climb over anyone to get to the top", interesting for me. Now that could all be true but why is leverage so important to use?

I believe how I understand it now is to do that different from the "norm", different from solely being dependent on oneself. Why does that sound so contradicting? Sometimes you simply need assistance, agreed? Because one requires assistance does not mean they are weak, it does not mean they are not honest in their business dealings. Isn't that the core challenge we hear unconsciously with the reworded definition of leverage? Moving through life less than honest. We all strive to be honest people but don't we catch ourselves saying "he's not honest in his business dealings" or "it's business" ...like that makes doing business anyway different than doing right by/to other people. As T. Harv Ecker states in his "Secrets of a Millionaire Mind", our money blueprint is a critical clue into our current situation. How does your bank account look?

How impressive would it be to learn the honest art of leverage? In real estate investing you can do that. You learn the correct way to conduct a transaction, treat others with respect but you can leverage your knowledge to squeeze out greater income from one deal. How? by learning how to do it right, by learning to understand how assets pay you and by learning how to remove the emotion out of the deal. You are buying the numbers! Period! If it doesn't work for the other party that's fine. Move on. Let's look at it this way...if you had $1.00 and you went to buy a candy bar that cost $1.50. You have a choice, either come up with the other .50cents or ask the owner if he would sell you that candy bar for $1.00. Now not only you have a choice but the owner has a choice. The worse thing that they could say is "no". They are not saying no to you, they are saying no to those numbers. Make sense?

Now to leverage your retirement fund with real estate investing....simply buy property through your R.F. and put the proceeds back into your account. Watch it grow exponentially tax free!!!! That my friends is the correct use of Leverage!!! now it's time to put it into effect and get started.

Create yourself a wonderful day!
Jody

Tired or Re...tired Yet?

Are you tired of feeling behind? Scared you will not have enough money during your older years? Is your fear of poverty blinding you to a faster and smarter way of building retirement funds?

Feeling behind is common. You are most likely someone who is working and has been working most of your life. Working is not bad but working to simply earn a paycheck is the traditional way. How's that working for you? If you have only a few years left, are you starting to feel the panic yet? I know how that feels. I felt so stuck, my back was against the wall. The older I was the less income I made. Jobs were few and far between. I knew I had to find a different way of looking at money. I saw other people living comfortably but was it too late for me? I had a decision to make, learn something different or be satisfied with working till I was 80. Social Security would take care of me for a few years... until it ran out, then what was my option?
Let's dive into what you can do. I started Investing in Real Estate 5 years ago (www.moneymama.biz), other people did why not me? Honestly, my fear of losing everything was paralysing me. Come on, what did I really have to lose? I already was down to nothing? I stepped into the common sense corner and looked at what was available. I knew I wanted more than just learning a Real Estate strategy, I was thirsty for the business side of it. What did I know about how to save on taxes? How did I know I wouldn't be slammed with taxes and be buried alive? Did I want to start buying up property to have them all taken away? That was not my idea of being successful. I have been a loose cannon on tons of new adventures sure but this time, I wanted to be an educated loose cannon! When I started into this new venture, I was clueless. I'm not really proud of that but how else can I say it. I was clueless. I was familiar with the real estate basics but not the business side. I know there are so many people out there just as clueless as I was, that's when I decided to start writing. Writing what I have learned, putting it all out there fears and all. My blog,
www.moneymama.biz is where I post my thoughts. Joining others to take on their life before their retirement years is my passion. Giving others a choice in how they will spend their older years is rewarding... it's their choice if they will spend those years with peace of mind.
You can choose to work less and be paid more once you know how that is done. That can be scary in itself. Learning the unknown but knowing it exists because others have already walked the path of success. There are others out there who are successful in Real Estate Investing with their retirement funds secure. We hear everyday in this economy how scary Real Estate is, how bad the market is etc. For me, this economy is like a big swap meet. Everything is on sale. I buy property low then I sell it low, everyone wins! www.moneymama.biz
Are you ready to learn what it takes to put financial peace of mind back into your life? Take a look at your old way of thinking, start with a new direction. Forward momentum is a choice. As this unknown author states so beautifully, “Sometimes you have to let go to see if there was anything worth holding on to.”