This link is what was mentioned in tonights Show, it will show you the ins and outs of using Sharebuilder to buy and sell stocks .As I mentioned the Edible Medical marijuana Stocks are currently penny stocks but will eventually be MONSTERS, watch and learn this game and take that money. https://eacho.webex/eacho/lsr.php?RCID=64fc18b5c3b0a8698f5b82dfa40caadd We also spoke about obtaining your EIN or Employee Identification number from IRS.GOV, its free to obtain and makes you an employer. If you have a home based business model, like Training in virtual classes, you can write off a third of your rent, write off electricity, write off, internet, depreciate your car and computer, keep receipts for meals out and travel, all business expenses, Take this money back that you spend each year. No MATTER if you have a business model, sign up for your business license and figure it out later, but begin to write off expenses legally while you think and plan and build!!!! Another thing mentioned on the show was a Lifetime business potential: Driving School, Simply up the liability insurance on your car, put some advertising that says student driver and advertise at local schools and Craigslist. Finally, we spoke also about giving your children money: When your child is born, open a Bank account for them, You and your spouse contribute to that account $1.60 a day, thats $50 a month or $1,200 a year. Also from the day that child is born you will get EIC on your taxes, take $1,000 from EVERY tax return and put it in that account. When that child reaches 10 years old, there is $22k dollars in their account. Take that $22k and place it in a Mutual fund, assuming a 4% interest on that $22k, equals $817 dollars a year, pay your child a $20 dollar a week allowance on just the interest, continuing with this formula by 20 years old there is $44k and an interest bearing account. Lets get self sufficient!!!!!
Posted on: Mon, 22 Sep 2014 04:02:29 +0000
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