My Story: Starting Out, Buying Properties to Grow Plants
Article by: B Hirst
Bill's Life and his Lessons Learned and Opinions, Part III
When I was twelve years old, I had bought and sold many shares
of stock on the NYSE. I was a motor mouth even then. I always
was eager to talk to anyone who liked to invest and discuss
stock picks. One of my fathers friends John was such a person.
John only had a 3rd grade education. His mother was a prostitute
and his first job was collecting and selling leaches to whores
in Trenton to be used to remove hickies on their...Well, you got
John could hardly speak, he studderd so bad that it was a labor
, How Choose The Right Type Of Lawn Mower to talk to him. But John was no dummy. He had gone on to become
a noted designer , How To Replace The Rollers On Your Patio Door of transformers and had built up a large
company. He lived on a large estate that overlooked a huge pond
, Preformed Watercourse and Waterfall Ideas which to a twelve year old was an eye opener. What ever John
would say or do had to be noteworthy.
John would also talk of the lastest electronic gadgets, hottest
stock picks, Trees, , Preformed Watercourse and Waterfall Ideas hunting stories, and about real estate. Just
what I was interest in. One day John came to our house. , The Ultimate Comfort - Top 5 Reasons For Getting an Awning He was
so excited that he could hardly talk to us. He handed me a book
and said," Re...re...re..re...re...read this. "It was a book on
stock options. The book detailed about puts and calls , Three Ways to Add Charm and Style to Your Kitchen and how
power , CONSTRUCTION LOAN BASICS ful they are in investing. At the time there were few
options offered. I read this book. I reread this book over and
over. I was amazed at how powerful an option could be. I did not
buy or sell any as I did not have the funds to risk on them but
I said to myself , "This is something that I am going to do some
Most options on stocks or commodities expire as worthless. Some
estimates are that 80% expire as worthless. Not a very good
track record for an investor. Now for every option buyer there
is a seller. Someone is making money, not just the brokers.
Option buyers aquire what can be called leverage. An occasional
winner can make up for a bunch of losers. The option sellers
don't necessarly lose unless they trade options naked, ( they
don't own the underlining security) they just don't have
pot , October in the Flower Garden – Preparing for Winter ential gains that they would have had.
Options clearly define an investors loss liabilities. When you
buy an option it defines the price of the asset, the time you
have to excerise the option, and the capital that you risk. If
the value of theoption cotract goes down the most you lose is
your inital investment.
There are two basic options, a put and a call. , Saving Energy by Planting Nursery Stock as Windbreaks A call , CollectibleSport.com offers a great selection of collectible
sports memorabilia and gift ideas for m allows the
buyer of the option to buy the asset a established price for an
established peroid of time. A put allows the buyer to force the
right to force the seller to buy the asset at and establihed
price for an established peroid of time.
What I decided to do when I purchased real estate is to acquire
real estate options for farms , Forget Everything You've Ever Read About Water Heating... which had long term contracts. I
sought contacts that went out 5-10 years. If I could put
together a contract that would run long enough, the rising real
estate market would make the contract price a bargain price in
afew years. I would offer yearly option renewal payments to the
sellers. I made those payments applicable to the purchase price
so as time flies the property , CollectibleSport.com offers a great selection of collectible
sports memorabilia and gift ideas for m becomes cheaper.
Now I know that your thinking that this can't work. I know it
does for I have done many of these contracts. Most people who
have sold me these contracts want just what this contract
offers. They can remain on their property , Where Orchids Originally Came From and have the option
payment which suppliments their income. They just don't own any
appreciation in the property , CollectibleSport.com offers a great selection of collectible
sports memorabilia and gift ideas for m which they would not have if they
sold it. There are also great tax reasons for selling an option.
When an option is written it is considered an opening
transaction. Taxes are assesed on completed transactions. If a
option is not closed revenue is generally not taxed. (see your
investment advisor and make sure the contract is properly
Once this contract is in place , Preventing disease in your garden one could lease the fields from
the owners. This could be known as a lease purchase contract.
Now you have ground on which you can plant trees. , Stitching Memories In many
instances I have aquired land this way for less than the cost of
the taxes on a yearly cash flow basis.
You can see Bill's web , Stitching Memories sit at http://www.seedlingsrus.com
|Removing your old wood double hung windows - Last week i told you how to , Breaking away from white paint walls measure your wood window , Buying Home Appliances The Smart Way openings to properly order your new vinyl replacementwindows. This week i'm going to explain...
|There Ain't No Such Thing As A Free Lunch - Hotmail -
This column is about TANSTAAFL, which is a term from a book by
Robert A. Heinlein (one of the best Science Fiction authors that
ever lived) called "The Moon Is A Harsh Mistress". The term
means "There Ain't No Such Thing As A Free Lunch". This conce...
|Building Better Bathrooms With Your Own Designs -
(ARA) - Is there a traffic jam in your bathroom? Do you find yourself , Making a First Impression When Selling Your Home bumping into your family or the walls , Incentive can help address common problems
while brushing your teeth? If so, it may...
|Looking for a pump for your pond? -
Choose your pond
, Learn About Herb Gardening - Get The Natural Facts! pump wisely!
Spring , Eight Of The Most Popularly Used Softwoods will be here soon, and many of you will either be looking
for a pump , Concrete Cutting: Shedding Light On Your Basement Remodel for your pond, , Looking for the latest assistance witrel="nofollow" h reference to decks. or be looking to replace a
non-functional pump. , Growing Vegetables in Containers - The compact solution
The pump , How To Find Parts For Lawn Mowers is one of the m...
|5 Tips For Planting Roses - When spring , The Best Time to Inspect is on its way and the ground is soft, it is the perfect time for planting roses. , Improving Deer Quality in Northeastern Pa Roses , The Soil in Our Gardens have been a very popular bloom over the years, not only do they look good, but they smell wonderful too.
However, planting roses , Considering A New Mattress cannot b...
|Affordable Installation Services by MacPherson Glass -
Everybody would love to live in a beautiful house , Where’s the Care Label for my New Bedspread? but, often financial constraints prevent people from beautifying and modernizing their existing hou...
|Decorating? Then Make a Smart Flooring Choice! -
Set the stage for your beautiful , Choosing the Right Roses for Your Garden room decor , Problem Free Patios, Paving And Paths with a smart flooring , River Birch Trees choice. And no matter what flooring , The Benefits Of Agricultural Biotechnology material you choos...
|Hostas - Plantain Lily -
Hostas, commonly known as the plantain lily, own so many
distinctive characteristics that it’s difficult to pinpoint
which of them has pushed it ahead of the day lily (Hemerocallis)
as the most sought after herbaceous perennial , Why Organic Gardening? for the home
, Outdoor Furniture garden i...
|Rustic stone house signs - You may own a remarkably constructed, attractive house , Japanese Garden Styles - Which One Is The Best For You? that is perfect from every angle. The outside , History of Bonsai of the house , Enhance Your Walkthrough Garden with Wind Chimes is designed to demand a second look...
mygarden.net.au | | | | | | | | | | |