Financial Survival Kit

What do you need to be prepared for the future financial turmoil? How can you survive?

Should I Buy Gold?

It seems like everyone is a gold bug these days, but is it the right thing for you?

What Are The Chances?

With all this "end of the world" hype going on, maybe we should consider the chances. What are the chances of a civilization threatening event?

How Much Insurance Do I Need?

Insurance is an extremely broad topic. Hopefully this generalization on the different types and amounts will help straighten things out a bit.

Iraqi Dinar: Scam or Scoop?

Some say it's an easy way to make a million bucks! But do you understand currency markets enough to take advantage?

The financial world we live in is just as wild, if not more, than the mountains and woods we walk through. We are told that the fundamentals of our economy are strong, but we can feel that something is wrong. My unique financial background and survival passion make Financial Survivalist and excellent place to learn and share.

Saturday, December 29, 2012

5 Things to Expect From a Good Agent


There are a lot of bad realtors out there, so having expectations and communicating them is essential. There are some basic things you should expect from every agent that wants to sell your home. Good agents will give you much more, but these are bare minimums in my opinion. If the agent can't or won't do them, go somewhere else.

  1. Supra Key - a Supra Key is an electronic box that stores your house key for other agents that want to show your home. Some agents still use construction key boxes, but it is impossible to control them. A supra key allows you to set limits on time of day and day of week an agent can show your home. It also keeps track of who sees your house and when, that way your agent can follow up and your belongings are safe.
  2. Professional Photographers - first impression is everything, and pictures are it. I've seen agents take pictures with their flip phones! Unless your agent has a professional camera and lens they should not be taking the pictures themselves. Even then, a professional photographer can set proper lighting and showcase your house for a full virtual tour.
  3. Extreme Internet Marketing - Over 90% of buyers start their home search online. Some agents list your home on the MLS (Multiple Listing Service) and think they are done. Century 21 will post your listening on over 500 websites, exposing your home to as many buyers as possible and creating demand for your house. More demand = better price.
  4. Actively Search for Buyers - There are two kinds of agents; passive and active. When you hire an agent your hire them to sell your home. A good agent will call other agents and tell them about your home so they can bring their buyers. They will share the listing in office meetings and call around your neighborhood to see if your neighbors know someone that wants to move there. A GOOD AGENT GOES TO WORK!
  5. Sales Skills - Your home is a product. Real Estate is a sales industry. Do you want to hire a salesman to sell your home, or just a realtor? A salesman will get your home sold for the best price possible. If an agent can't demonstrate good communication skills and negotiating skills with you, then how can they do it for your home?
In conclusion, make sure you are comfortable with the agent. Make sure they will communicate. These 5 things are basic and a good agent will do much more. Take your time when choosing an agent and make sure you are comfortable with them.


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Thursday, December 6, 2012

Mormons and Gays

I don't always agree with the stance on Gay Marriage of the Latter Day Saints Church (Mormon's). I have had many Gay friends. However, I respect very much what they have done to try and bridge the gap between the LDS beliefs and homosexuality. The LDS church has announced a new website to explain their position on homosexuality.

www.mormonsandgays.org

The website emphasizes compassion and understanding. I think it is a nobel effort to reach out to the homosexual community considering their belief's on the subject. The LDS church has come a long way on this subject. Take it for what it is. No matter how you feel about it, it is a significant attempt. Check it out at www.mormonsandgays.org.

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Wednesday, December 5, 2012

Government Funded Propaganda!


The California Federation of Teachers (CFT) has released a cartoon presenting their arguments on why the rich need to be taxed more. The video is extremely biased and offensive. It features gready "fat cats" that cheat on taxes and pay less than everyone else. They use their "extra" money to invest in Wall Street and get even more wealthy. They justify their greedy ways by saying it will "trickle down" and they demonstrate this by urinating on the poor! THIS VIDEO IS ABSURD!

We could discuss how tasteless and biased this video is all day. However, I would simply like to point out a few pieces of hypocrisy:

  1. The narrator is a member of the 1%.
  2. The CFT invests their member's pensions in Wall Street and is one of the largest pension plans there.
  3. Wall Street is where a company can go to get money to hire more people! Apple, Google, Facebook, Adobe, State and Local governments and even the CFT may at times seek investors on Wall Street.

The CFT is one of the two main teachers unions in California. They are affiliated with the American Federation of Teachers and AFL-CIO. It is one thing to create propaganda that demonizes job creators, but it is a whole different offense if the propaganda is paid for with tax dollars.

Tax dollars fund the government which pays teachers salaries. CFT membership and dues are a requirement in California and all Education Professionals pay dues without option. Those dues then fund cartoons like this.

I cannot believe we have stooped this low. I can't believe that people will actually watch this and believe it. Below is an excelent critique on the video.


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Tuesday, December 4, 2012

Invest Your IRA in Real Estate!

You can use your IRA to invest in whatever you want, with major limitations. One of my favorite places to invest is Real Estate. Using your IRA to invest in real estate has limitations, but it allows you to take advantage of a primed real estate market and grow your retirement.

American Pension Services is one of the few IRA Service Providers that allow true self direction as far as the law allows. They have numerous education resources to help you know how best to use your IRA. With true self direction you can invest in what you know (my favorite way to limit risk). Their fees are a little steep, but it's worth it if you are actively managing your IRA.

There are a few simple rules that you must follow when using an IRA to invest in real estate:
1. You nor a family member can benefit directly from the investment. All benefits are to go back to your IRA.
2. You nor a family member can live in the real estate.
3. You nor a family member can work on the property directly.

Always consult a tax attorney when making these kinds of decisions. If you like real estate, it might be worth it to look into this kind of investing.


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Monday, December 3, 2012

Dihydrogen Monoxide Kills!

It is surprising how many are unaware of this silent killer in their daily lives. It is estimated that Dihydrogen Monoxide kills 1.2 MILLION people world wide ever year. That is 2.4 times the number of people killed by guns! In the United States it is the 2nd leading cause of death for children under 12! It is time that we make it known DIHYDROGEN MONOXIDE KILLS!

The worst part is that all of these deaths could be prevented by simply making Dihydrogen Monoxide illegal! If we imposed a world wide ban of Dihydrogen Monoxide we could save 1.2 million lives each year!

Some would say that criminals would simply ignore the ban. I say that means most Dihydrogen Monoxide deaths would be among criminals.

Some would say that Dihydrogen Monoxide doesn't kill people, that people kill people. I say if people didn't have Dihydrogen Monoxide then they couldn't use it to kill people.

The facts are clear. Dihydrogen Monoxide kills 2.4 times the number of people killed by guns! Support the Global Ban on Dihydrogen Monoxide! Save lives! Share this with your friends and maybe you will save a life!

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DISCLAIMER!!!!!!!!!!!!!! Financial Survivalist MAKES NO CLAIMS WHATSOEVER REGARDING PAST OR FUTURE PERFORMANCE of investments. ALL EXAMPLES, DIAGRAMS, DISCUSSIONS, LESSONS, OR RECOMMENDATIONS ARE FOR EDUCATIONAL OR ENTERTAINMENT PURPOSES ONLY. THIS BLOG DOES NOT AND IS NOT INTENDED TO PROVIDE FINANCIAL ADVICE OF ANY KIND. ANY COMMENTARY USED ON THIS PAGE IS FOR PURPOSES OF DISCUSSION ONLY. PLEASE SEEK PROFESSIONAL ADVICE BEFORE YOU TO BUY OR SELL SECURITIES AND YOU SHOULD NOT CONSTRUE ANYTHING ON THIS PAGE AS LEGAL, TAX, INVESTMENT, FINANCIAL OR ANY OTHER TYPE OF ADVICE. PROFESSIONAL ADVISE should be sought before entering any dangerous environment. Do not attempt any act described or discussed on this website.