Successful business owners and managers work in partnership with others. They know that all business objectives are achieved with and through others. Their skill for negotiation with other people is paramount in their own thinking.
They establish mutually agreeable and beneficial goals with each other. They build both their own and others capacity, capabilities and skills by having great partnership arrangements. Partnership arrangements and how to manage them figure highly in their business policy development processes. It is a special kind of intelligence and mindset in its own right.
Successful business owners create powerful partnerships and alliances that reap huge financial rewards and enhance their business reputations.
How do they do it?
The five key factors to be crystal clear about in developing sound and successful business partnerships are:
Understand the Purpose of the Partnership
Successful partnerships exist in business because they focus on mutually agreeable business objectives and goals. To ensure this result, partners must be compatible.
This compatibility is primarily determined by having a shared value base. The shared value based must be explored thoroughly, honestly and openly if the partnership is going to succeed. It must be documented and clearly understood by all the parties involved.
If the businesses share a common vision and values base, their partnerships will be successful. If they do not, they will not. It is as simple as that.
Spell Out the Commitments of the Partnership
Partnership agreements form the foundation of successful alliances and affiliations. Therefore, partnership agreements must be constructed using a shared process and must be entered into in a spirit of generosity and customer-oriented service, if they are going to be effective.
Once a partnership understanding is reached at a compatibility level, a plan must then be documented that clearly identifies roles, objectives, accountabilities and responsibilities, as well as clear time frames for completion of tasks and initiatives.
Managing the partnership itself has to be the first objective. A communication and issue resolution mechanism must be in place, and an effective decision making suite of tools is essential. Great partnerships are built on trust. Having trusting relationships is the hallmark of good partnership governance and management.
Have Realistic Expectations of the Partnership
Successful partners, in life as well as in business, talk to each other. Not just when things are going well, but also when there are problems.
They talk honestly and openly with each other, and they take on the responsibility of managing the relationship as a priority. They spell out their expectations so that problems can be fixed when they occur. They share knowledge and skills generously in ways that are of mutual benefit.
Pursuing excellence and quality in partnering relationships is a major source of mutual satisfaction.
Manage the Risks and Opportunities that the Partnership Presents
Business development and risk management are essential ingredients of successful business partnerships. There must be a dispute resolution process in place. Business partners must master problem solving/conflict resolution skills in effectively managing the risks that accompany working with others.
By identifying risks and their potential causes, successful business partners prevent them from occurring in the first place, and they have a process for addressing them, if they do eventuate.
Successful business partners are always on the look out for enhancing and exploiting the opportunities that emerge as the partnership arrangement proceeds. This can lead to exciting new product and service opportunities that are extremely beneficial to everyone concerned.
Determine the Shelf Life of the Partnership
One of the essential qualities of good leadership and successful business partners is that they review and evaluate their progress against objectives and projects. Effective business partners set dates for achieving results.
They know when it is time for them to withdraw from a partnership arrangement and go their separate ways. Having a clear shelf life for partnerships and their review is critical. There is nothing worse than being in a partnership arrangement that has outlived its usefulness.
Daniel Kalenov Global Diversified Partners is an investment firm of choice for individuals seeking to diversify their portfolios into tangible assets.
Each of our investors is a partner in the project and the key to a successful partnership is great communication. Daniel Kalenov Global Diversified Partners investor outreach program is second to none. We saw a need in the marketplace for a down-to-earth, smart, accessible investment firm that finds great deals, treats clients like family, and puts the investor first. It’s that simple.
Call 619-500-4235 us to know more!
Learn about real asset investing, retirement security, offshore diversification, and many other topics, please visit here: http://globaldiversified.bcz.com
Of course the steps are numerous and will depend on your individual circumstances. However, one of the key benefits of a well-laid out financial plan that is implemented and monitored is that it will generally allow you to reach financial independence sooner than if you had not formulated a plan of action.
Financial independence can mean different things for different people but for many it means the ability to cease regular employment. Wealth management resources, astutely deployed, can help you to have enough assets and retirement income to maintain a certain lifestyle for the rest of your life and provide for your beneficiaries after death.
Everyone has different goals and objectives, and everyone has different financial conditions and circumstances. It is conceivable that your current financial decisions are not compatible with your true goals and objectives. And that you have not deployed the wealth management resources available to you because of the current timing.
Financial decisions are strongly influenced by emotions. According to medical studies, we all make decisions in the emotional part of our brains, and tap into the rational side of our brains to justify them. Unfortunately, emotions can overwhelm our capacity to reason rationally and objectively.
This severely limits our ability to make logical investment decisions. This is not to say that emotional decisions are a bad thing! Only, sometimes we are unable to see clearly our alternatives, in the heat of the moment.
But what kind of wealth management resources would have helped in the current financial meltdown? One analogy that is making rounds recently, is that when a fire is raging your first priority has to be to put it out! There will undoubtedly is water damage subsequently but hopefully you will have time to rectify that.
It is doubtful that any one will come out unscathed, and this meltdown is a rare occurrence! Until the fire (in this case the under capitalization of the banks) is put out, the banks will not feel able to make capital available to businesses and the economy is unable to get going.
There is a raging debate on what the various governments should do to get their countries out of the crisis, and the answer is best left to them or other pundits.
The question we need to look at is how we are going to deploy our wealth management resources in this era of high taxes, to deal with our finances in this environment. Incorporation offshore is an absolutely doable action that you can take.
In the meantime the headlong drive to reduce interest rates is having little effect simply because, although money is cheap, the banks are reluctant to lend. And as financial results are released by companies, banks will find that their balance sheets do not warrant additional credit risks!
Most of us buy and keep personal assets, not trade them regularly. Whether it is real estate or stock & shares in our own companies, or jewelry. Many times are assets are illiquid and are rarely bought and sold and therefore rarely valued. And we are only looking for a way to own them without having everyone eye them!
The real value of these assets in many cases is far greater than their monetary value. So you do not really know the value of what you have until you sell it. And this in most cases is only when you pass it on to your heirs.
The wealth management resource that is most helpful in such a case is of course an offshore incorporation with perhaps a trust registered in a tax haven such as Mauritius.
Possibly, you are invested in hedge or mutual funds. Of course, the more sophisticated the fund manager appears to be, and the more complex the model. And it is harder for the client to tell what type of returns the strategy will produce.
As a consequence of market turbulence over the last 5 years, the private client has realized that a traditional core domestic equity/bond portfolio is incapable of delivering consistent returns in all market circumstances.
Wealth management resources will of course ensure that the client is not invested in these funds only. Wealth management resources professionals are keen to deliver a suitable response to the client, and to demonstrate how performance volatility can be managed through a wider set of market conditions.
Many wealth managers' current investment proposition and existing investment expertise, has been focused specifically on their domestic markets, and so they are unlikely to use offshore incorporation as the inexpensive tool that it is.
There are a variety of options readily available to support the investment open architecture models through use of fund vehicles. Wealth management is an advanced type of financial planning that benefits not only high net worth individuals and families, but also middle income ones.
Private banking, estate planning, asset management, legal resources, and investment management are resources offered, with the goal of sustaining and growing long-term wealth.
Due to their higher value accounts, banks create separate branches, services and other 'benefits' to retain or attract these high net worth customers who are typically more profitable than other retail banking customers.
But families recognize that when the concentration of knowledge and experience resides with a patriarch or office executive, it can prevent other family members from fully assuming responsibility for wealth management.
Few resources have been available to help families meet the complex challenge of wealth management education. Now, due to the accessibly enabled by the internet, anyone can take financial matters into their hands.
Wealth management resources are available easily; you can consult Daniel Kalenov Global Diversified Partners for more details. Daniel Kalenov Global Diversified Partners will give you easy and affordable alternatives, including starting with offshore incorporation. Call 619-500-4235 today!
Learn about real asset investing, retirement security, offshore diversification, and many other topics, please visit here: http://globaldiversifiedpartners.freeblog.site/
The Property investment market today is troublesome due to the overwhelming competitions that consistently coming out. Thus, it is very important to measure the growth of your property investment in order to know its current value and improvements. Once you will know the current value of your investment; do some ways to increase its value so that you will achieve a big amount of profit when the time comes that you will resell your property.
Investment growth is an important factor in determining the value of an investment after a particular time frame. One of the most important things you can do to measure the growth of your property investment is to know the current estimated price of your investment. Search for your property's current prices in the market and how they based their prices. Once you will have your own property price basis, you can now price your property including the additional enhancements or renovations you had made. Do this pricing consistently in order to monitor the value of your investment as time goes by. You can be able to know the market value through further research with the help of knowledgeable professionals like Daniel Kalenov Global Diversified Partners.
In determining the market value, you need to base your decisions to the recent condition of real estate market. The recent market is the only one that matters because the old market situations, even if it is just a year ago, is still different from the present. In the property investment world, changes are inevitable because the market is in a state of fluctuation.
Property investment value can also be measured by being aware of the competitions. You should know your competitors and compare their property values to yours, in that way you can see the needed growth or enhancements on your property. Look for other properties that are for sale on the market, those properties that are similar to your amenities, size, and location.
Another way to measure the growth of your property is the investment growth calculator. Property growth is too difficult to calculate because of the number of variables on each investment. The variables depend on the type of investment, amount of investment return, amount invested, outside factors like taxes and inflation.
An investment growth calculator can really help investors to go on with the different factors and adjustments. This calculator is based on accurate information based on output data. Calculating is done by breaking down the earnings of the investment into four categories - initial, investment, simple earnings, compound earnings, and total value.
Daniel Kalenov Global Diversified Partners an investment firm has a global focus and we're opportunistic, but prudent. We source promising domestic and international real estate projects that offer income, growth and diversification we do so with Integrity and creativity.
Learn about real asset investing, retirement security, offshore diversification, and many other topics you can use to shape your future, please click here!
Real estate investments are actually meant for the expert players of this field. That is true. Nevertheless, people who have already tried their hands in real estate investing know well that if the investments are made well, one can easily get profitable returns. As per our experts at Daniel Kalenov Global Diversified Partners in the Real estate field, there are plenty of ways to earn significant profits in the real estate deals. If you feel that the place where you have invested is quite profitable, you can earn a handsome amount of profit.
For a novice in the field of real estate, there are many challenges and pitfalls to encounter. However, if s/he is able to take the chance and is mentally prepared to bear the risk, there is definitely a lot to earn and much to learn. However, in the long run, when he or she has gathered some experience, he can become a real estate investment master closing quite a number of lucrative real estate deals.
As you want to be a good player in the fields of real estate investment, you need to acquire few skills before hand, which can help you to be a real achiever in the field of real estate. There are a few skills that are needed for investing in a real estate deal, which are mandatory for a profitable real estate deal.
Learn how to find the right sellers-
You should be aware of how and when to find serious sellers, as these authentic sellers can help you to earn a profit in the field of real estate. Make sure the sellers are of high repute, as if you are investing for the first time; this may cause the investing at risk.
Learn to be a master negotiator while you are closing a real estate investment deal.
While you are a novice, you try to acquire the skills of how to deal with the real investment issues. However, all your effort goes in vein when you are not able to negotiate well and end up with high prices. For that, it is quite necessary to acquire proficiency i8n closing the real estate investment deals.
Capable to analyze real estate investment deal accurately-
If you are capable to analyze the real investment deal, you will be able to understand where and how to deal perfectly. This will help you to be a gainer in a long run, as you can calculate the risks to some extent.
Gain expertise in all the fields revolving around the real estate investment-
In order to gain expertise in the real estate investment field, you must acquire expertise in all the areas, which involves the real estate investment. You must be aware of the lingo and terms used in the real estate investment world.
Develop understanding on the Real estate and the financial risks involved-
If you are able to understand what the concept behind the real estate investment is and the risks and benefits involved, you can easily be a master of this field. This understanding can be developed easily by educating yourself in this field.
At Daniel Kalenov Global Diversified Partners we can suggest you more information about using specialized skills to manage your real estate investment business. We help people take control of their financial well being by educating them on the benefits of investing in tangible assets and by altering their perception of what “smart investing” means. The firm has a global focus and we're opportunistic, but prudent.
Learn about real asset investing, retirement security, offshore diversification, and many other topics you can use to shape your future, please visit here: http://www.globaldiversifiedpartners.com/blog/
The basics of investing can be summed up in a few sentences. The typical investor fails to define the perfect investment and something very beneficial happens when the ideal investment is defined and identified. As an investor your goal is first and foremost to preserve your capital. Your secondary goal which comes very close in importance to your first is to increase your capital through interest and compounding.
When you define the ideal investment in your own mind, you become clearer about what you are looking for. The stock market and real estate are staples to an investor, yet some investors see these two types of investment vehicles as the only type.
It all depends on the size of one’s seed capital. Of course real estate is an incredibly lucrative place to park ones money. With historical returns of around 7% in appreciation and another 7% in rent rolls, a real estate investment can return around 14%
But if you are young and ambitious and are just starting out, a real estate investment may be out of your reach. The entry costs are quite prohibitive for someone with a small seed capital account. For these people, they need to think about a more aggressive approach.
Daniel Kalenov says that the ideal investment is one that offers the safety of knowing your capital is safe, while offering a fast cycle. It means an investment that matures much quicker than the typical year or longer that traditional investments offer. Fast cycle investments are investments that can be turned around in a few weeks or a month. SOR or speed of returns is an important component of the ideal investment and that is exactly what you are looking for.
When it comes to your finances, if you don't know where you're going, any road will get your there. We at Daniel Kalenov, Global Diversified Partners partner with your to re-claim your decision making, and ultimately your future. We will help you take control of your financial well being by educating you on the benefits of investing in tangible assets and by altering your perception of what “smart investing” means.
Call 619-500-4235 us for more details!
Or go online at http://www.globaldiversifiedpartners.com
When looking at a commercial property of any type you need to spend time on the financial aspects of the property before you form an opinion about the price that you think that you can achieve. The financial aspects of the property can have a major impact on the price and or the interest of purchasers. The financial aspects of a building or a property can impact the asset for many years and for this reason must be analysed and identified.
We have detailed some of the major aspects of financial concern in a property purchase or sale scenario. Whilst these are not the only categories of activity and concern, they are the major ones in most circumstances.
We at Daniel Kalenov Global Diversified Partners recommend that you create a checklist from these items so that your property review and inspection process is suitably enhanced and professional.
The Asset Schedules: The property will contain many fixed and moveable assets. These will normally be detailed on the asset register. A well maintained commercial property will have an up to date asset register for your review. Obtaining the asset register at the early stage of sale consideration is productive as it will tell you in detail what you are selling and later become part of the due diligence process.
Bank and Personal Guarantees: An investment property comprises leases and other documents which support tenant occupancy. A normal leasing process would involve and create some form of guarantee to be provided by the tenant to the landlord for the duration of the lease. It is important that this guarantee has both strength and substance to reimburse the landlord in situations where the tenant defaults under the terms of the lease. At the time of property sale, these guarantee documents should have some form of ability to be transferred or re-issued to the incoming purchaser. This process is called an assignment of the guarantees. You should consult with the landlord's solicitor to identify the types of guarantees involved and the ease in which this can be achieved at time of sale.
Capital Expenditure: Major items of plant and equipment which are replaced in a commercial property are usually regarded as capital expenditure and are separately itemised for the purposes of taxation and depreciation over a period of time. Taxation laws in your location will stipulate the depreciation terms as they apply to different types of capital expenditure. For example, a computer that is purchased for the building control system will depreciate far quicker than the air handling unit which was purchased for the air conditioning plant. Well maintained property records will include a detailed capital expenditure register and the date at which the capital item was purchased. Purchasers to the property will be interested in the depreciation that this register provides against the cash flow in coming years.
Taxation and GST: Every country and property location has its own unique taxation laws and requirements relating to property and particularly investment property. In the sale process, it is important to understand that these matters have been correctly handled and are up to date. It is sometimes necessary to view the net returns for the property for the last few years that were applied to the taxation statements and lodgement process. You can also seek written confirmation from the owner of the property that all taxation matters are up to date.
Income and Rent Analysis: The income for the property is a reflection of the leases and occupancy licences therein. It is essential to understand that the rent has been collected in accordance with the leases or licences and that all rental matters are up to date. Part of this process will also involve the checking of the rent review profile and the expiry profile of all leases. A property with a volatile leases or leases that are soon to expire is likely to impact the price or the buyer interest. When reviewing tenant occupancy against leases, you should review the original documents and cross reference this to the tenancy schedule and any discussions or information provided by the landlord.
Independent Valuation: Many property owners will obtain a valuation regularly in support of their property financing package. It is not unusual for such valuations to occur annually. Importantly they are done by a qualified and registered valuer. If you view this documentation and take it into account in the pricing process for the property, it is wise to consider the true independence of the valuation when it was done and its relevance to the current market. Some valuations for financing purposes may not be in parity with the existing market conditions. It pays to sometimes seek a true independent valuation at the time of sale or in preparation for sale.
Land tax issues: Property land tax has a direct impact on the investment aspects of commercial real estate. In different locations, the recovery and payment of land tax is impacted uniquely by local legislation. In some circumstances the land tax can or cannot be recovered from the tenants within the property. This will have immediate impact on the bottom line and net return from the property; this then impacts the price. Consulting with the financial adviser for the owner of the property, or the taxation office, will achieve clarity in this taxation impact. Given that most agents and brokers are not taxation experts, you should involve other professional taxation people as appropriate.
Lease disputes: Rarely is there a property that does not have an existing lease dispute or has been impacted by a previous lease dispute. For this reason it pays to question the matters of lease dispute and resolution. If in doubt, seek a copy of correspondence and any subsequent agreement between the appropriate parties. Unresolved lease disputes can jeopardise or slow the process of property sale.
Mortgaged interests: Most commercial real estate properties will have a mortgage of some type to a financier. When a mortgage exists, it is necessary to understand how it will be handled or discharged in the process of sale. The client should consult with the mortgagee to clarify these matters for you. In a situation of distressed properties, the sale of the property may need to realise a particular price before clear title can be achieved.
Operational expenditure: The running of a commercial property will involve the operational expenditure attributed to running costs. Most of properties of particular types in the same location will have similar operational expenditure. If however a property has excessive operational expenditure which is above the averages in the area, then the property is likely to be difficult to sell. Most purchasers of properties understand the averages of property expenditure deemed to be realistic for each property. This also says that real estate agents and brokers should be well aware of the expenditure averages and analysis process that should apply in this situation. Operational expenditure is analysed on the basis of $'s per m2 or $'s per ft2 (depending on your location, monetary base, and country)
Statutory charges: These are commonly referred to as rates and taxes. These will involve matters such as water rates, land tax, council rates, and any other form of charge which is raised by the statutory bodies. Importantly the charges so raised must be analysed for parity to similar properties in the same region. Part of the rating process involves a statutory valuation of the land on which the building and property is located. Whilst some property owners like to think that their valuation is high and justifiable (and therefore gives substance to the sale price of the property), it is this valuation that is the foundation for the charging and payment of statutory charges. The astute property investor will always question this statutory valuation undertaken by rating bodies in an endeavour to restrict or lessen the amount of statutory rates and charges paid each year.
Rent reviews: A significant concern in the sale of a property is the size and stability of future rent reviews. It is the rent reviews which will underpin the cash flow and hence the attractiveness of the property to purchasers. It is essential that the real estate broker or agent read all of the leases, before any assessment of price or method of sale is given. It is quite possible that the rent reviews projected and detailed in the leases can either hinder or attract purchasers to the property.
Rent arrears: Existing rent arrears should be identified with the owner of a property. Any matters of associated legal pursuit should also be identified. It is possible that the property has had a history of rent arrears and instability. Look for these matters and question the cash flow stability. A history of financial performance from the property over the last few years is the best way to achieve this.
Current building budget: This will involve a budget of income and expenditure as it applies to the building currently in the existing financial year. A good building budget will be written and supported by sound property strategy, projections, and controls. At the time of any potential property sale, it is important to understand that the current financial performance is in line with the expected building budget. If there are any shortcomings or overflows, it is necessary to clarify the reasons for such. If you do not do this, the purchaser of the property will.
The side agreements or deeds: Property occupancy and usage can involve supplementary side agreements and deeds. This can be with tenants or neighbouring properties. Documents of this nature will have impact in the sale even though they may not be registered on the title of the property that you are to sell. Documents of this nature will usually be supported by aspects of common law. If in any such arrangements exist, you must seek further detail and clarity as to how they will be handled at the time of sale. One of the common events here is the existence of rental incentives provided to tenants at the commencement of the lease. When these situations exist, the most common method of resolve is the discharging of the arrangement by the landlord prior to settlement. This can become a term of the contract.
Sinking funds: It is not uncommon for sinking funds to exist on larger properties. The fund is essentially established to set aside money to cover the cost of major items of repairs and maintenance. This would not normally include items of a capital nature. As an example, sinking funds may be used to cover the cost of painting the exterior of a large building such as a shopping centre every five years. If a sinking fund exists, it is important to understand how it will be handled at the time of sale. Consultation with the client's solicitor and accountant is essential to the process.
Taxation depreciation schedules: The property will have a taxation depreciation schedule. When correctly maintained, these schedules have the ability to lessen the net property income in forthcoming years. This is an immediate taxation benefit to the purchaser of the property who will assume the depreciation schedule as part of the sale and settlement. As the broker or agent in the sale you should check the existence of such documentation and identify what benefits it brings to the sale process. A well constructed and detailed depreciation schedule will make the property sale more attractive.
Short term leases: Many properties have short term leases or casual occupancy active at any point in time. It is vital to know the mechanism under which this occupancy occurs and how it will be terminated. You do not want a short-term occupancy to jeopardise the stability and processes of the sale.
Un-documented lease occupancy: Some may call this a casual lease; however a casual lease can create concern and uncertainty in the process of sale. Some tenants may claim a long-term occupancy from the existence of a previous casual lease arrangement with the landlord. Claims of this type must naturally satisfy the requirements of law to be sustained or upheld by the courts; however you should be cautious in such circumstances given that it can slow down or even jeopardise the sale process.
Warranties and guarantees: When properties are constructed, the normal process of warranties and performance guarantees apply from the construction process. At the time of sale, you need to know if any such matters apply or exist. Copy of the documentation is essential. Further to this, in an existing building where recent fit out activity has created newly constructed premises, it is likely that warranties and guarantees exist for the tenancy construction. These will transfer to the new owner of the property in most circumstances however the documentation to allow this to occur must be suitably constructed. This is a matter for the solicitor acting for the client.
Utilities costs and supply: Every commercial property will be supported by the supply of water, gas, electricity, and communication systems. The process of supply needs to be understood together with the cost of the process. Obtaining copies of recent accounts for those services will help you here. It is possible that some utilities will be supplied direct to the tenants and some others will be supplied direct to the building owner. Any differences in supply should be identified and documented. The costs of supply should be compared to the averages of other properties in the area.
This brings to an end the matters relating to financial due diligence. These are the major issues that apply in the sale of commercial real estate; however you should look for any other items given that each property is unique in its performance and financial structure.
Daniel Kalenov Global Diversified Partners has a global focus and we're opportunistic, but prudent. We help people take control of their financial well being by educating them on the benefits of investing in tangible assets and by altering their perception of what “smart investing” means.
To learn about real asset investing, retirement security, offshore diversification, and many other topics you can use to shape your future, please visit here: http://danielglobaldiversifiedpartners.blogspot.com
How much time do you spend thinking about your future? Do you dream about getting your ideal job? Do you wonder what it would be like to have kids of your own? What about retiring and living a more leisurely life than you do now? In fact, you may think about all of these things quite regularly, but when it comes to your financial future, more than often it is all too easy to adapt the attitude of leaving your thoughts about it until tomorrow.
But why should this be? After all, it's good to have some money in the bank and a plan for your future. The only problem seems to be that it can be hard to know where to start. Daniel Kalenov, Global Diversified Partners can help you for this. We source promising domestic and International Real Estate Projects that offers Income, Growth, And Diversification. We do so with Integrity and Creativity.
As such, it can make sense to plan for both the short term and the long term. Therefore, this means that it is important to have some savings goals in mind to help you with your plans. But, what do you want to save for that is in the near future, or alternatively for the long term future?
Having firm savings goals in mind actually makes it far easier and more exciting to save money too. If you are just saving money for the sake of it, it's very easy to slip off the rails and find something better to spend the money on right now. But, when you know you have a cruise in mind in a few years time, or a new house, or perhaps even that trip around the world you've always wanted to take, then the act of saving becomes much easier.
There are of course other things to think about too, such as the need to organise what will happen to the money and belongings you leave behind when you pass away. Of course, you may not want to think about it too much, but if you don't you could end up making a very expensive mistake.
As it goes, inheritance tax can sting your estate for a large sum of money if you aren't properly prepared for it; however, on many occasions the tax can be legally avoided or at least minimised. But that can only happen if you take the proper advice and get an expert in to help you make the right plans, both for now and in the future.
The best way to make sure you get things right is to use an estate planning service from Daniel Kalenov Global Diversified Partners. This is set up to ensure that you get the right advice for your own personal situation, so the loved ones you leave behind won't have any nasty surprises to cope with. Therefore, planning for what is still to come can prove to be just as important as enjoying the here and now.
Global Diversified Partners helps people take control of their financial well being by educating them on the benefits of investing in tangible assets and by altering their perception of what “smart investing” means. Call 619-500-4235 for more details today!
To learn about real asset investing, retirement security, offshore diversification, and many other topics you can use to shape your future, please visit here: http://www.globaldiversifiedpartners.com/blog/
The majority of people are just becoming aware of liquid tangible assets. They are barraged by financial system tremors and a paper trainload of propaganda. Investment banks that sell to retail customers do not feature tangible assets; when pressed by their clients they might recommend a paper form of ownership of commodities or precious metals.
Awareness of owning gold and silver drips into our intellect by way of the media and paid advertising, delivering three primary messages. Message one with the majority of household imprints is to buy gold and silver now. It is eloquently spoken by a TV or radio commentator or any number of semi-famous actors. Uncommon sense dictates to always look at what's missing. Why is it delivered only by male spokesmen?
The second precious metals megaphone message encourages a person to melt and sell excess gold jewellery. This advertising message is pasted on billboards at pawnshops and targeted to one audience... women. It confuses the consumer because the sub-theme played for the potential customer's subconscious is to sell now because gold is at the highest price in history.
Number three, and easily the most subliminal message, spews from financial community advertising. Their worldview is in a bubble state; liquidate before it is too late. Uncommon sense used to analyze this message would lead us to review these bubble experts' track records of identifying such items before bursting.
Ownership of precious metals and collectibles is insurance to protect you and your family from the ultimate bubble. 10% should be the minimum percentage of your assets held as a currency collapse item. This amount should be placed there yesterday... and supplemented monthly. Pay your taxes; pay your church tithe; then purchase gold and silver bars, coins or collectible coins with a minimum of 10% of what is left. The time to sell this portfolio is never. Do you sell or drop any insurance policy before the wreck you didn't see coming?
Other funds set aside for future needs such as retirement, your kid's education, or for living your vision of the American dream, may also have items from the precious metals basket. There is a high probability they will be paper assets because liquidity is more efficient using paper assets. To answer when to buy or sell is a non-exact art. The most expensive answer generally comes from someone who will receive a commission from your action. The federal government loves to see any kind of buying or selling. If the asset has no action they receive no tax. The best advice in my opinion is to accumulate any type of savings over a period of time, as in monthly. Unless your primary business is an investment area the odds of buying at the low and selling at the items price apex are very high. The real secret of true wealth accumulation is in the buying, not in the selling.
Collectible gold and silver coins represent $100 billion in sales annually. As the masses rediscover the real value of precious metals collectible coins should move up to more of a premium. This is because there is a limited supply, just as with gold and silver bars. A printing press and ink only produce fool's gold.
When it comes to your finances, if you don't know where you're going, any road will get your there. We at Global Diversified Partners partner with your to re-claim your decision making, and ultimately your future.
Daniel Kalenov Global Diversified Partners helps people take control of their financial well being by educating them on the benefits of investing in tangible assets and by altering their perception of what “smart investing” means.
To read more about real asset investing, retirement security, offshore diversification, and many other topics you can use to shape your future, please visit here: http://globaldiversifiedpartners.freeblog.site/
Let’s cut right to the chase. You CAN use your retirement accounts to invest in real estate (and other real assets).... And you probably should!
The two most popular options for retirement plan real estate investing are the Solo 401(k) and the Self-Directed IRA. If you’re not intimately familiar with these accounts or how take advantage of them, you’re not alone. They are often not promoted by brokerage firms, financial institutions, or investment advisors, who would rather sell you stocks or mutual funds for a fee. Your broker does not get a commission when you invest in an apartment building, a resort, or a new town home project. But does that mean you shouldn’t consider it?
The Solo 401(k)
A 401(k) is an employer-sponsored plan that is essentially a legal tax shelter. A Solo 401(k) is one designed specifically for self-employed individuals who have no full time employees other than themselves, partners, or a spouse. You essentially become your own plan administrator (i.e.: think instead of “Vanguard’ it’s the “Smith Family 401k”), and the individuals in the plan (Bob Smith, Mary Smith) are account holders in the plan.
Working for another company or having W-2 income doesn’t preclude you from opening a Solo 401(k). For example if you or your spouses have a side business which doesn’t have any employees, and you report income from that business on your tax returns, you are still eligible to open and fund a Solo 401(k)
The Solo 401(k) offers the most flexibility permitted by law. You may direct your investments with virtually no restrictions on investment choices. You also have complete “checkbook control”, meaning you can write checks from your accounts for any type of investment you see fit, so long as its permitted by the IRS. Brokerage accounts can also be easily attached, offering the flexibility to invest in traditional securities like stocks and bonds, as well as “non-traditional” investments like real estate and just about anything else.
There is no annual contribution requirement, so skipping a year is allowed. Accounting maintenance and administration is slightly more complex than for an IRA, but minimized if the plans assets are under $250,000, as no year-end report filing is required.
To learn more about Solo 401(k)’s or to speak with a quality provider, consult Daniel Kalenov led Global Diversified Partners for more details..
The Self-Directed IRA
Simply stated, a Self-Directed IRA is a retirement savings account that permits the owner the broadest possible investment choices, including those outside the public markets. This includes the same diverse real asset options as the Solo 401(k).
If you don’t qualify for a Solo 401(k), the Self Directed IRA is the best vehicle to self-direct your retirement assets. Just like there exist well known “traditional” IRA Custodians (Fidelity, Vanguard, JP Morgan, etc.) there are a handful of companies that specialize in administering Self-Directed IRA’s. Rather than offering you a limited menu of stocks, bonds and mutual funds that they want you to consider, you tell them where you want to invest your money.
The key to the Self Directed IRA (and this applies to the Solo 401k’s as well) is the eligibility of funds to be transferred into the account. If you are currently working for a large company that offers a 401k savings plan, odds are the custodian will not allow you to transfer funds from your current employer’s plan. In most cases, only funds that are in a rollover IRA or that were accumulated at a PRIOR job or retirement account are eligible.
Many of us leave a job and don’t give much thought to what happens to our retirement savings plan from our former employer. We just roll it over to the new employer’s plan, keep it with the old company, or start a new rollover IRA with one of the big brand name custodians. However, if you have a retirement account that is no longer in “401k Jail” by your employer, you are sitting on gold, as that account is now eligible to be rolled over to a Self Directed IRA, from which you can call the shots rather than the Custodian.
What Kind Of Real Estate Can Be Purchased With Retirement Funds?
Almost any type of property can be part of a retirement plan: Single family homes, Multi-family complexes, Retail, Office, Industrial, Warehouse, Net-leased commercial, Land, Beach houses, Vacation rentals, Town homes, and Condominiums. By enabling you to direct your own fund’s Solo 401(k)’s and Self-Directed IRA’s allow you to invest in people and projects you know and understand. In the investment world, understanding where your capital is being deployed is a fundamental driver of success.
Where Can I Learn More?
The information provided above touches on the basics of these retirement plans. To learn more about Solo 401(k)’s and Self Directed IRA’s or to speak with a quality provider, consult Daniel Kalenov Global Diversified Partners for more details..
Daniel Kalenov Global Diversified Partners has a global focus and we're opportunistic, but prudent. We help people take control of their financial well being by educating them on the benefits of investing in tangible assets and by altering their perception of what “smart investing” means. Call us today at 619-500-4235
To know more about us, please visit: http://www.globaldiversifiedpartners.com/global-diversified/
Your retirement income investment plan starts now, right now, no matter how old or well heeled you happen to be.
Step one is to understand what a retirement plan is, and to identify the three large numbers you need to keep track of while you are developing your stash. With these three totals on your spreadsheet, it's much easier to develop long-range retirement income goals that make personal sense. A retirement plan is an income production plan. Guaranteed retirement income - projected expenses = the gap. No gap, add parents and children to the expense number. There's always a gap.
Employer provided pension plans, Social Security, and (always much too expensive) fixed annuity contracts, are retirement income providers. They are monthly income machines that you have paid dearly for but which may not be adequate to cover your retirement expenses -- most of us will need more income than our guaranteed benefits will provide.
And we need to develop these additional income sources while we are still earning some kind of income. The retirement plan is the investment process you employ to eliminate the gap between your projected guaranteed income and a conservative estimate of your retirement expenses. The sooner and smarter you invest before retirement, the easier the transition from full employment to full vacation will be. Smart investing involves separating your security selections by purpose, and monitoring their performance in the same way. You're never too young to start developing the income side of the portfolio.
Once you start to draw income at retirement, it is much more difficult to invest effectively and unemotionally. Since your income will need to remain secure and constant through several economic, market, and IRE (interest rate expectation) cycles, you really need to develop appropriate portfolio market value expectations if your program is to survive. You cannot afford to take your eye off the income ball, because income is the only thing you can spend without depleting the productive value of the assets in your investment portfolio.
Obvious? Yes, but only until the market value of your portfolio begins to shrink as a result of economic, market, and IRE cycles. If you invest properly, it (the income) should continue to grow in spite of changing market conditions and fluctuating market value numbers. You must learn to expect market value fluctuations and take advantage of them--- assuming, of course, that you are following appropriate quality, diversification and income generation standards.
Retirement income planning became more difficult for most of us around the time corporate America realized that defined benefit pension plans were far too expensive to manage and maintain. At around the same time, the Social Security trust fund somehow disappeared (Did it ever exist at all?), and more and more of our hard earned was needed to support our aging friends and relatives. Why haven't the myriad of defined contribution programs been able to fill the retirement income gap?
Because millions of totally investment-inexperienced people were given discretion over billions of investment dollars that could be tax detoured out of their paychecks and into IRAs, 401ks, 403bs, Thrift, Savings, Thrift/Savings Plans, etc. Self directed investment programs generated a need for an investment media; the investment media fueled the speculative juices of an emotional and naive mass of newbie investor/speculators; Wall Street created tens of thousands of new products and compound income schemes to sponge up the wayward dollars.
Defined Contribution plans are just not retirement plans -- even if your employee benefits department, the media, Wall Street, and Uncle assure you that they are. Most plans are difficult to self-manage with a retirement income objective. Still, these benefit plans are necessary and quite capable of taking you close to where you want to be. Their only drawback is the false sense of wealth and retirement security that they promote. Either the money has to be converted into an income portfolio--- a costly and time-consuming process -- or far too many mutual fund shares have to be sold to produce the spending money
Most people think of savings and investment programs as retirement plans, and rationalize away the need for additional, outside development of an income investment portfolio. This is because all of the information they receive speaks to market value growth instead of to income. It's very likely that less than half the money will ever be yours to spend! What, you say -- why?
Even though defined-contribution plans are excellent mechanisms for growing an investment portfolio with your hard earned, pre-tax, dollars, most plans and most plan participants worship the market value god to the exclusion of all others. Most people are too greedy and/or tax-averse to convert them into income producers during rallies -- when they can lock in a meaningful cash flow. Additionally, the counter productive IRC encourages our use of owned assets first -- a universally ignored phenomenon.
The "buy and hold" mutual fund mentality doesn't transition well from growth to income -- regardless of the fund category or description; the idea of helping people into a comfortable retirement hasn't stopped the tax collectors; the market cycle is just as likely to be down as up when your gold watch is presented. You have to do more, and less, to secure that comfortable retirement.
Step One of the retirement plan is developing a focus on income, and understanding that spending money and market value are not blood relatives. Step Two is developing the right combination of tax deferred and tax-exempt income -- among other things.
Learn about real asset investing, retirement security, offshore diversification, and many other topics.
Daniel Kalenov Global Diversified Partners can help you form your retirement savings plan. Global Diversified Partners are San Diego, CA financial planners who can develop a retirement savings plan for you. We are prepared to help you in the investments you want to pursue. With our help, we can help you safely plan your retirement income. Let us get you started right, for your retirement money at Retirement savings plan.
To read more about real asset investing, retirement security, offshore diversification, and many other topics you can use to shape your future, please visit here: http://globaldiversifiedpartners.freeblog.site/
Options trading sometimes seem cloudy in secrecy, when really it is a straightforward method of investment, being employed by big expenditure companies and by individuals. Sometimes, the world media takes pleasure in growing the fear because a wayward worker has made secret and stupid investments utilizing derivatives such as options, and thereby dropped a massive amount of cash.
This kind of press exposure has resulted in trading options having a poor status. The reality is that most honest buyers use options as a means of relieving risk, not increasing it.
How does this work? A good investment company, say, may have purchased a big number of stocks in a particular business for its clients.
If the market crashes for some reason or any other, this will have an effect on the prices of this company's stocks, even if the company is fundamentally sound. Most purchasers will attempt to sell the shares as soon as possible, but often cannot find a purchaser to stop the carnage.
Nevertheless, if the investment firm buys a 'put' contract on the shares that it holds, this gives it a solid guarantee that they'll be able to sell the shares at a certain fixed cost, even if those shares are investing much lower at the time. In effect, the firm is purchasing a kind of short term insurance to ensure that its investment is protected to a particular amount. In this way, it protects its customers from heavy losses, and at one time guarantees its status.
On the other hand, say a major company plans on creating a new widget in the future. The anticipations can make quite a lot of interest in the stock, and stock prices develop as a result.
In this case, an investment firm may want to purchase up large blocks of stock for its purchasers, but at the greatest achievable price. So, before the madness starts, the company may purchase the right to purchase the stock in the future at a set cost (this is called a 'Call Option' contract).
This then is a guaranteed cost that it can pass on to their clients. Normally, if the stock has increased in cost over that period, the clients will gain from the foresight of the expenditure company, and will make an immediate income.
We at Global Diversified Partners partner with your to re-claim your decision making, and ultimately your future.
Our goal is to be the investment firm of choice for individuals seeking to diversify their portfolios into tangible assets, not just paper ones. Daniel Kalenov, Global Diversified Partners has a global focus and we're opportunistic, but prudent. We help people take control of their financial well being by educating them on the benefits of investing in tangible assets and by altering their perception of what “smart investing” means.
Read more about real asset investing, retirement security, offshore diversification, and many other topics you can use to shape your future. visit here: http://danielglobaldiversifiedpartners.blogspot.com
Think of the good side of the old way of making business and mix it with actual communication engines. This sector needed urgently to be actualized and some firms are offering interesting innovations. It is ironical how good this combination of ideas is working that good. The most important element to identify is how confident you will feel.
The foundation of those businesses was real confidence because all the people involved on the business knew about each other. Today, what simplifies the process of making a good investment is media. Then, imagine how great is having the chance to study your partner online and choose from a long list of opportunities the best investment for you.
We want to ask you know how these new strategies work. Let's say that you want to invest and you have the correct amount the money but you do not know what to do with it. Find the company's link and register immediately as an investor. It is the company's responsibility to match investors and borrowers into peer to peer investment opportunities.
Investing with your money is actually extremely important and there are several ways to do it. In this case peer to peer lending. This is when a person needs money for his own reasons and he is looking for a lender. Once detected a plausible situation you will analyze the proposal from a borrower. When checking the borrower lists you could read about him, about the amount of money and its goals. But you will also need to check how much earn returns are involved to confirm they are better that in a savings account. The movements do not represent high risk but you could get assistance if you ask for it.
Every lender will analyze and chose from the whole investment proposals making freedom a unique quality of these projects. No bank will offer this to you and on the contrary will make you the process harder. You will have total control of your investment project as you will choose it since the first day. You will not definitely be by yourself but count on making any investment you want to do because it is your money.
As we have said before guidance is also attached in these types of investment opportunities. These firms will have your references as well as the rest of their clients then it will be a low risk venture. Consultancy is not related with the size of the investment, it will be offered for everybody.
Daniel Kalenov, Global Diversified Partners has a global focus and we're opportunistic, but prudent. Our goal is to be the investment firm of choice for individuals seeking to diversify their portfolios into tangible assets, not just paper ones. Call us at 619-500-4235 or mail at firstname.lastname@example.org
Find out more about our experts, please follow this link: http://www.globaldiversifiedpartners.com/global-diversified/#ourteam
You’ve Done the Hokey Pokey, Now Turn Yourself Around – Consult Global Diversified Partners
There are many games to play for fun and, hopefully, to win while doing so. When measuring investment performance, most people use a comparison to the S&P 500 as their yardstick for “winning” or “losing” the investment game.
The question to ask is: Why?
Are you patting yourself on the portfolio in 2016?
Did the US Large Cap stocks, which hascarried the S&P 500 in 2016, also carry your portfolio to a profitable year? Yeahyou! The hyper performance of the index following a lackluster -5% in 2015 has helped most investors this year. It’s easy to become complacent and have a "My portfolio is doing very well this year, but how could it not in this type of market?" attitude.
But is a comparison to the S&P really a measure of YOUR performance (or that of your financial manager)?
In other words, did your investments beat their bench marks?
Consult Daniel Kalenov Global Diversified Partners for all your investment management related issues further.
Apples to Apples and Alphas to Alphas
The "alpha," as it's known in academic circles, is the amount of outperformance in a certain asset class. In other words, comparing the performance of your small cap stocks to that of the S&P last year isn't alphas to alphas.
Its apples to oranges, or alpha to omega if you will, comparison. And, unless your goal is to "level the playing field" and only have apples in your portfolio, it makes no sense.
Here's why: The S&P performance made it the apple of investor's eyes this year at a strong 21% annualized return through Q3 2016. Wow! Yet, for the better part of the early 2000's, large cap U.S. stocks were one of the worst performing market segments. Do you really just want to own apples?
The answer, which you already know, is "No."
The S&P could be outperformed by any other asset class in any given year. And when it is, tail-chasing investors will flock to that class instead.
The Hokey Pokey, Musical Chairs, and other games
So, many investors play the hokey pokey of sticking their foot into whatever is seemingly "hot" for the time, and pulling it out when it's "not."
At the end of the year, the Hokey Pokey music stops. And investor's sit down in their chairs at the end of the "game" and see how they did for the year. Year after year.
Is that a viable retirement strategy?
Turn Yourself Around
Nobody knows whether to put the right foot in or the left one in any given year. So your strategy is to what? Diversify and also hold hard assets. You knew that was coming, didn't you?
During the darker days for the S&P 500, 2000-2009, owning other types of assets such as small cap stocks, international equities, real estate investment trusts (REITs), commodities, and even bonds all seemed really smart when the music stopped.
Stop playing games with your retirement. The stakes are too high, and change is not only a constant, but it is increasing in its risk and volatility:
• U.S. government's crushing debt of $18 trillion
• China's shrinking trade surplus and debt issues
• The Federal Reserve's license to print, and their willingness to use it
• Russian tensions
• And many, many more…
Focus on the big picture for your biggest asset: your retirement.
It's time to turn yourself, and you’re thinking around.
Let Global Diversified Partner headed by Mr. Daniel Kalenov show you how to do so wisely and effectively. At Daniel Kalenov, Global Diversified Partners our goal is to be the investment firm of choice for individuals seeking to diversify their portfolios into tangible assets, not just paper ones.
Visit our official website at: www.globaldiversifiedpartners.com
A few years ago this entire question would have to have been reversed to make any sense. China was in the middle of a real estate and growth boom cycle driven first by an enormous trade surplus, and then by liberal consumer and industrial financing.
And America, by comparison, was reeling from the collapse of the housing bubble and a banking crisis. America looked like the one who might crash China's economic growth party and be the bull in China's shop. My how times change.
Now, with China's economic slowdown and rising debt issues, is their economy a threat to the turnaround for America after the 2008 crisis? So, is China now the bull in America's shop?
It depends upon your perspective.
A recent Wall Street Journal survey of economists showed that 27 out of 49 considered China's economic slowdown to be the biggest overseas threat to the U.S. economy. The importance of this is magnified even more: the survey was conducted at the same time the Russian crisis in Crimea was unfolding. Still, China's woes still were top of mind among those surveyed.
It is hard to imagine that in a country with $18 trillion dollars in government debt (that's the U.S. by the way), China's debt would be a larger concern to economists. But it makes unfortunate sense. China is the largest holder of US debt and US dollars. And it is the second largest economy in the world. As goes China, so goes the U.S., to some degree, and vice-versa. So, individuals and business must analyze the unique meaning and implications for themselves and their particular situations. That's where "perspective" comes in.
Where there's crisis, there's opportunity.
The Chinese word for crisis is made up of the characters for danger and opportunity. In a recent edition of The Daily Ticker, author Jim Rogers stated that it was time to get back into China, after pulling out in 2008-2009. The recent reassurance of the Chinese government to allow for more free market activity in the finance sector was one of the major influences in his declaration of a renewed opportunity.
Free Market Correction versus Too Big to (allow to) Fail?
China's financial leaders have indeed taken a surprising approach to their financial crisis by allowing the free market to correct their current debt issue. Those who are overextended, particularly real estate developers will not be bailed out, but will either find a way out or go under.
This is quite a difference from the US approach to the housing bubble collapse and the banking crisis in 2008, where the government spent billions on bailouts. That a communist country would allow the market to make corrections, while the largest entrepreneurial economy in the world did not, is an interesting twist on traditional conceptions.
So, Who's The Shopkeeper?
The economic turnaround, basically a reversal of fortune, of the two nations’ economies certainly begs that question.
While perspectives and opinions vary, this much is easy for most people to agree upon: the two largest economies in the world will always have an impact on each other, most markedly if their current statuses are in opposition.
There has been a dramatic recovery in U.S. equities for now, as reflected by the recent record performances by the Dow and S&P 500. There are also fresh beginnings of recovery in the housing market (when Berkshire Hathaway gets actively involved in residential real estate, you know things have probably bottomed). The U.S. seems to be the one “keeping up shop.”
Daniel Kalenov is the founder and Principal Fund Manager of Global Diversified Partners, LLC. Since 1999, Daniel has analyzed, purchased, repositioned, and managed income-producing real estate assets. GDP was born out of Daniel’s frustration with the volatility of the stock market, and the realization that relying on stocks alone for stability in retirement was largely a game of chance. Contact him at email@example.com or call at 619.500.4235