Investments for Beginners

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Could you please do an article on where to save? I have finally gotten my budget intact, and am saving up money with every single paycheck. The problem is, I don’t know where to put the savings because I’m planning to attend college full time next year. There are several different methods to save your money out there. I’m considering mutual funds, because they seem to pay off really well, but are there maybe some alternatives that I am missing out on??

Scott asks a good question. After you’ve begun to accumulate some savings, what do you do with them? Although there’s no one answer that’s perfect for every reader, we can work with some ideas that will simplify matters for you.

First, you need to do what Scott has done. That is to decide what you want to happen. And ‘making more money’ isn’t an acceptable answer. You need to have some idea when you could need the money back. If you’ll need it for college next year, you’re going to be limited to investments that make it certain that your money will be there when you want it. If, on the other hand, you’re saving for retirement fifteen years down the road you can afford to take a little risk that you might even lose money in some years.

Next, consider your ability to take risk. There are two components that determine how much risk you should assume. We just looked at one, how soon will you need the money. The more time you have before you expect to need the money, the greater the risk you can take. If you don’t need the money for ten years and your investment loses money one year but gains the other nine it’s not a big deal. If, however, you’ll need the money next year you don’t have that luxury.

Real Estate Investments
Continue reading ‘Investments for Beginners’


Investments in Panama

  • Ideal for: Sport Fishing, ecological resort project, marina, natural protected bay, recreational and/or retirement housing, fishing resort hotel.
  • Ideal for beach and fishing resort
  • This territory, worth over $30,000 million is the most interesting chunk of real estate in the world today, a virgin territory wherein investors are eager to exploit. The only location in the world with immediate access to both the Atlantic and Pacific Oceans.
  • There are approximately 20 new developments in the areas of the country that are most popular with North Americans.
  • Many of the tourists that came to Panama in 2003 where Baby Boomers scouting for good second home and retirement spots. Since then, construction in Panama has increased at a Rate of 60% a year.
  • Another feature that sets Panama apart from some other offshore markets is its quality medical services, including a John Hopkins Hospital in Panama City.
  • As the community grows, there is an increasing need for more lodging, stores, restaurants and tourist orientated services.
  • In it’s effort to offset the losses from the Panama Canal and the closure of the military bases, the Panamanian government has created a host of incredible incentives to attract foreign investment.

Ask a question to an Expert E-mail to

Andrey Udolkin
Senior Sales Agent
Telephone 212-203-0979
Cell phone: 347-558-2850
Panama Real Estate

How to search articles posted in wordpress with Google

To search articles posted in wordpress blogs with google:

write the words you are searching and add wordpress

An example: i wish to search Real Estate news in wordpress, then i have to search “real estate wordpress”

Panama City – Growing Economy

Panama City

  • The economy is growing more than 6% annually with the possibility of exceeding 7% in 2007.
  • There are currently more than 15,000 Americans living in Panama. English is widely spoken.
  • Panama is a Technologically advanced country, offers high speed internet, good cel phone coverage, fast install of home and business phone systems, and TV with English channels
  • There is no property tax for retirees until a home is sold, and a 20-year exoneration from taxes on new homes.
  • Discounts up to 50% for retirees, retirees find more for less in Panama
  • Excellent incentive program for retirees. Panama’s Pensionado law is written so Today’s pensioners will be protected tomorrow
  • Panama has a warm, but diverse climate- the lowlands of Panama are hot and can be humid, yet there are year round cooler temperatures in the mountain areas
  • In October 2006, Panamanians approved an ambitious plan to expand the Canal. The project, which is to begin in 2007 and could double the Canal’s capacity, is expected to be completed in 2014-15.
  • Panama in December 2006 independently negotiated a free trade agreement with the US, which, when implemented, will help promote the country’s economic growth.

Ask a question to an Expert E-mail to

Andrey Udolkin

Senior Sales Agent

Inca Real Estate Group

Telephone: 212-203-0979 Cell phone: 347-558-2850 Panama Real Estate

Creating Wealth with Real Estate: A Simple Plan

By Robert PhillipsReal Estate Investing 123

Several real-life millionaires are profiled in the book, “The Millionaire Real Estate Investor,” by Gary Keller. Collectively they reveal several ways to become a millionaire by investing in real estate although each of them took a different path.

That alone is reason enough to read the book. For those of us who are serious about real estate investing, is there anyone better to learn from than someone who has actually achieved the goal and provided a roadmap? The simple answer is that there is no one better to learn from. You model their attitudes and beliefs and follow their proven plan and ultimately you’ll achieve the same results. It’s as simple as that.

One of the plans from the book stood out from the rest so that’s the one I’ll focus on in this article. But first you need to decide what you want to create with real estate: income or wealth? They are not the same thing.

Ask a question to an Expert E-mail to
Andrey Udolkin
Senior Sales Agent
Telephone 212-203-0979 Cell phone: 347-558-2850

Panama Real Estate

Continue reading ‘Creating Wealth with Real Estate: A Simple Plan’

5 Hot tips for successful real estate investment 5-hot-tips-for-successful-real-estate-investment

Ask a question to an Expert E-mail to

Tel 212-203-0979 Cell: 347-558-2850


Ask a question to an Expert E-mail to

Tel 212.203.0979 Cell: 347.558.2850