Friday, July 31, 2020

UK house prices bounce back in July from June fall, says Nationwide





UK house prices bounce back in July from June fall, says
Nationwide
House prices rose by 1.7% during the month compared to a
1.5% fall in June, according to the lender Nationwide Building Society.
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
1.     
UK property prices jumped by 3% since June
after stamp duty cut
2.     
How to find
your ‘goldmine’ property area
right where you are
3.     
Unemployment could reach 10% and
recession last until 2024
4.     
NS&I paying 1%pa no minimum or early
withdrawal penalties
5.     
Help to Save best deal of all with 50%
bonus if you qualify on low income
6.     
Lifetime ISA 25% bonus, invest up to
£4,000 for first-time-buyers aged 18-39
7.     
Payday lenders or ‘instant short-term
loan providers charge up to 91% APR
8.     
High street banks are charging as much as
40% just for an overdraught facility
9.     
Credit card companies still charging
extortionate 16-20% despite low base rate
10.  New
Home Insulation Grants – Work must be quality checked say consumer groups
11.  The
UK housing market is rebounding fast after a tax cut by the Chancellor
Rishi Sunak
12.  UK
Property
prices rise after stamp duty cut
, despite rising unemployment
13.  British
Chambers of Commerce said 28% of employers may cut jobs in next 3 months
15.  New
planning rules will open up more opportunities to
make money in property
16.  Opportunity
is everywhere for everyone, especially in property! But you have ACT!
17.  You
don’t need your own money to
create
a second income in property
18.  Time
to your economy or Uconomy started whatever the economy is doing!
19.  You
can create a second income during the lockdown…and come out stronger
20.  Learn
how to
make money from
property
without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus
lockdown
, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com

Thursday, July 30, 2020

How to find your ‘goldmine’ property area





How to find your ‘goldmine’ property area
Investors
look for deals hundreds of miles away when there are plenty of opportunities on
their doorstep.
Know
your area – every area has its sweet spot!
Decide
on your strategy:
·       
Are
you going down the buy to let route?
·       
Do
you want to be a landlord?
·       
Are
you good at managing property and could you build a rent to rent business?
·       
Do
you want to develop properties or by, refurbish and refinance?
·       
Do
you want to get into commercial conversions?
·       
Are
you cash rich and time poor what time rich and cash poor?
You’ve
heard the expression, “location, location, location” I say:
“View,
view, view”!
Get
out there, talk to agents, get online and start viewing.
The
wheel
One
of the most successful property people I know is disabled and in a wheelchair.
Even before the internet, he did his research “viewings” from home before
venturing out. He could not afford to waste any time.
Training
and CPD
Know
what you’re doing and never stop learning.
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
1.     
The UK housing market is rebounding
fast after a tax cut by the Chancellor Rishi Sunak
2.     
UK Property
prices rise after stamp duty cut
, despite rising unemployment
3.     
British Chambers of Commerce said 28% of
employers may cut jobs in next 3 months
4.     
UK Mortgages
becoming more difficult to obtain
and more expensive
5.     
New planning rules will open up more
opportunities to
make money in
property
6.     
Opportunity is everywhere for everyone,
especially in property! But you have ACT!
7.     
You don’t need your own money to create a second income in property
8.     
Time to your economy or Uconomy started
whatever the economy is doing!
9.     
You can create a second income during the
lockdown…and come out stronger
10.  Learn
how to
make money from
property
without deposits, mortgages or cash

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com

Wednesday, July 29, 2020

Unemployment could reach 10% and recession last until 2024 - reporting f...





Unemployment could reach 10% and recession last until
2024
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
1.     
Camden Town looking quiet, like the calm
before the storm
2.     
Unemployment could reach 10% and
recession last until 2024
3.     
NS&I pay 1% no minimum or early
withdrawal penalties
4.     
Help to Save best deal of all with 50%
bonus if you qualify on low income
5.     
Lifetime ISA 25% bonus, invest up to
£4,000 for first-time-buyers aged 18-39
6.     
 Payday
lenders or ‘instant short-term loan providers charge up to 91% APR
7.     
High street banks are charging as much as
40% just for an overdraught facility
8.     
Credit card companies still charging
extortionate 16-20% despite low base rate
9.     
New Home Insulation Grants – Work must be
quality checked say consumer groups
10.  The
UK housing market is rebounding fast after a tax cut by the Chancellor
Rishi Sunak
11.  UK
Property
prices rise after stamp duty cut
, despite rising unemployment
12.  British
Chambers of Commerce said 28% of employers may cut jobs in next 3 months
14.  New
planning rules will open up more opportunities to
make money in property
15.  Opportunity
is everywhere for everyone, especially in property! But you have ACT!
16.  You
don’t need your own money to
create
a second income in property
17.  Time
to your economy or Uconomy started whatever the economy is doing!
18.  You
can create a second income during the lockdown…and come out stronger
19.  Learn
how to
make money from
property
without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus
lockdown
, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com

Tuesday, July 28, 2020

Where to get the best savings rates in the UK and how to avoid the worst...





Where to get the best savings rates in the UK and how to
avoid the worst credit
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
1.     
NS&I pay 1% no minimum or early
withdrawal penalties
2.     
Guaranteed Income Bonds pay 1.15% to 1.6%
depending on term
3.     
Help to Save best deal of all with 50%
bonus if you qualify on low income
4.     
Lifetime ISA 25% bonus, invest up to
£4,000 for first-time-buyers aged 18-39
5.     
Make sure you have an emergency
contingency fund avoid short term credit
6.     
Payday lenders or ‘instant short-term
loan providers charge up to 91% APR
7.     
High street banks are charging as much as
40% just for an overdraught facility
8.     
Credit card companies still charging
extortionate 16-20% despite low base rate
9.     
New Home Insulation Grants – Work must be
quality checked say consumer groups
10.  The
UK housing market is rebounding fast after a tax cut by the Chancellor
Rishi Sunak
11.  UK
Property
prices rise after stamp duty cut
, despite rising unemployment
12.  British
Chambers of Commerce said 28% of employers may cut jobs in next 3 months
14.  New
planning rules will open up more opportunities to
make money in property
15.  Opportunity
is everywhere for everyone, especially in property! But you have ACT!
16.  You
don’t need your own money to
create
a second income in property
17.  Time
to your economy or Uconomy started whatever the economy is doing!
18.  You
can create a second income during the lockdown…and come out stronger
19.  Learn
how to
make money from
property
without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus
lockdown
, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com

Monday, July 27, 2020

Holidays in disarray as government imposes quarantine on people travelli...





Holidays in disarray as government imposes quarantine on
people travelling from Spain
British holidaymakers left in limbo as government changes
guidance and introduces 14-day quarantine for travellers returning from Spain.
People who travelled to Spain before the rules were changed
will now have to self-isolate for 14 days upon their return to the UK.
Today, UK updated advice against all non-essential travel to
mainland Spain and the Balearic and Canary Islands following a rise in
coronavirus cases.
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
1.     
New rules start today on face coverings
in UK shops and other establishments
2.     
New Home Insulation Grants – Work must be
quality checked say consumer groups
3.     
Check your holiday destination Coronavirus
update and insurance cover
4.     
UK Passport processing backlog reaches
400,000 due to Coronavirus delays
5.     
UK unemployment rate could hit 15 per cent
with second Covid wave, says OECD
6.     
The UK housing market is rebounding
fast after a tax cut by the Chancellor Rishi Sunak
7.     
UK Property
prices rise after stamp duty cut
, despite rising unemployment
8.     
British Chambers of Commerce said 28% of
employers may cut jobs in next 3 months
9.     
UK Mortgages
becoming more difficult to obtain
and more expensive
10.  Government
planning CGT ‘tax grab’ on buy-to-let property investors
11.  Nationwide
now lending 90% for first time buyers reversing previous change
12.  New
planning rules will open up more opportunities to
make money in property
13.  Opportunity
is everywhere for everyone, especially in property! But you have ACT!
14.  Even
the 'Secret law of attraction' requires you to get off your ass and TAKE
ACTION!
15.  You
don’t need your own money to
create
a second income in property
16.  Time
to your economy or Uconomy started whatever the economy is doing!
17.  You
can create a second income during the lockdown…and come out stronger
18.  Learn
how to
make money from
property
without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus
lockdown
, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com

Friday, July 24, 2020

UK property prices rise after stamp duty cut - Money Tips News Round Up





UK property prices rise after stamp duty cut - Money Tips
News Round Up
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
1.     
New rules start today on face coverings
in UK shops and other establishments
2.     
New Home Insulation Grants – Work must be
quality checked say consumer groups
3.     
Check your holiday destination Coronavirus
update and insurance cover
4.     
UK Passport processing backlog reaches
400,000 due to Coronavirus delays
5.     
UK unemployment rate could hit 15 per cent
with second Covid wave, says OECD
6.     
The UK housing market is rebounding
fast after a tax cut by the Chancellor Rishi Sunak
7.     
UK Property
prices rise after stamp duty cut
, despite rising unemployment
8.     
British Chambers of Commerce said 28% of
employers may cut jobs in next 3 months
9.     
UK Mortgages
becoming more difficult to obtain
and more expensive
10.  Government
planning CGT ‘tax grab’ on buy-to-let property investors
11.  Nationwide
now lending 90% for first time buyers reversing previous change
12.  Stamp
Duty slashed until 31 March 2021 by raising the threshold to 500,000
13.  New
planning rules will open up more opportunities to
make money in property
14.  Opportunity
is everywhere for everyone, especially in property! But you have ACT!
15.  Even
the 'Secret law of attraction' requires you to get off your ass and TAKE
ACTION!
16.  You
don’t need your own money to
create
a second income in property
17.  Time
to your economy or Uconomy started whatever the economy is doing!
18.  You
can create a second income during the lockdown…and come out stronger
19.  Learn
how to
make money from
property
without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus
lockdown
, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com

Learn How to Buy Refurbish and Refinance
Property Getting Most or All of Your Money Out While Retaining a Cash Flowing
Asset
Free Webinar 26 July 7pm
Anne Houlton will train your referrals how to buy properties at an
unmissable discount time and time again, add value to any project taken on and
she will train them how to refinance to get as much money out of your property
as possible and start again.

This strategy is timeless. Anne will be revealing
how to quickly build and maintain a successful property portfolio!

Join
here
– or copy and paste this link to your browser -
https://bit.ly/3jC3qqN

Thursday, July 23, 2020

Unemployment could reach 4 million, OBR warns, so why are home buyers sn...





Unemployment could reach 4 million, OBR warns, so why are
home buyers snapping up UK property?
UK Property
prices rise after stamp duty cut
, despite rising unemployment. The UK housing
market is rebounding fast after a tax cut by the Chancellor Rishi Sunak,
according to the property website Rightmove.
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
1.     
UK unemployment rate could hit 15 per
cent with second Covid wave, says OECD
2.     
British Chambers of Commerce said 28% of
employers may cut jobs in next 3 months
3.     
UK Mortgages
becoming more difficult to obtain
with and more expensive
4.     
Government planning CGT ‘tax grab’ on buy-to-let
property investors
5.     
Nationwide now lending 90% for first time
buyers reversing previous change
6.     
Stamp Duty slashed until 31 March 2021 by
raising the threshold to 500,000
7.     
New planning rules will open up more opportunities
to make money in property
8.     
Opportunity is everywhere for everyone, especially
in property! But you have ACT!
9.     
Even the 'Secret law of attraction'
requires you to get off your ass and TAKE ACTION!
10.  You
don’t need your own money to create a
second income in property
11.  Time
to your economy or Uconomy started whatever the economy is doing!
12.  You
can create a second income during the lockdown…and come out stronger
13.  Learn
how to
make money from
property
without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus
lockdown
, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com

Wednesday, July 22, 2020

Coronavirus Update - Does your business interruption insurance cover Cor...





Does your business interruption insurance cover
Coronavirus claims?
Coronavirus Update
Thousands of business interruption claims refused by
insurers who say they ‘don’t cover that kind of interruption’…
In a landmark case, UK financial regulators are taking insurers
to the High Court in an attempt to settle claims for businesses which had no
choice but to close down during the pandemic.
The eight-day trial started this week, with the Financial
Conduct Authority (FCA) taking Europe’s largest insurers to court to establish
whether they should pay out pandemic-related claims. Companies include Hiscox,
RSA Insurance Group Plc, Zurich Insurance Group AG and five other companies
will represent the industry at the.
Check your policy to see if you are covered. Business interruption
cover could be included in your general buildings, contents and employer’s
liability insurance policy.
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
1.     
Mortgages more expensive and difficult to
obtain with less products
2.     
Demand for property surges following pent
up post-lockdown demand
3.     
Government planning CGT ‘tax grab’ on buy-to-let
property investors
4.     
Stamp Duty slashed until 31 March 2021 by
raising the threshold to 500,000
5.     
New planning rules will open up more opportunities
to make money in property
6.     
Opportunity is everywhere for everyone, especially
in property! But you have ACT!
7.     
Even the 'Secret law of attraction'
requires you to get off your ass and TAKE ACTION!
8.     
Homeowners will get vouchers of up to
£5,000 for energy-saving improvements
9.     
The poorest will receive up to £10,000 in
£2 billion energy saving grant scheme
10.  Will
your job be one of millions phased out by automation, innovation and AI?
11.  You
don’t need your own money to create a
second income in property
12.  Time
to your economy or Uconomy started whatever the economy is doing!
13.  You
can create a second income during the lockdown…and come out stronger
14.  Learn
how to
make money from
property
without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus
lockdown
, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com

Tuesday, July 21, 2020

Can you apply Warren Buffett’s style of stock market investment to prope...





Can you apply Warren Buffett’s style of stock market
investment to property investing?

Warren Buffett is one of the most successful investors of
all time and one of the richest men in the world with a net worth of $79
billion, most of which he intends giving away to good causes.

He leads a relatively simple life in Omaha, Nebraska and has
lived in the same house since 1958.

Multi-billionaire Warren Buffett is a ‘value investor’ who
invests in companies for long term though Berkshire Hathaway, which has given
shareholders a remarkable average annual return 20% since 1965.

A single share in Berkshire now costs over $280,000.

He looks to buy companies at a price which gives him a ‘margin
of safety’. In other words, he only buys at below-market value and pays no
regard to the sticker price quoted on the stock market.

Price is what you pay. Value is what you get.
Warren Buffett

He does not jump in and out of the market. Instead the wise
old ‘sage of Omaha’ patiently waits for the right deal. In fact, he has not
bought very much for the last two years and got out of all of his airline
investments during the last stock market fall.

He does not just sit there and wait twiddling his thumbs. He
and his partner, Charlie Munger, spend their days researching companies and
studying balance sheets.

Still active at 89, he attracts a huge following among share
investors, such as Phil Town, and his shareholder meetings are more like a
convention.

What type of companies does Warren Buffett buy?

Berkshire Hathaway is a holding company which owns
substantial stakes in insurance companies, banks and credit card companies like
Goldman Sachs, Bank of America, Wells Fargo and American Express, Visa,
Mastercard, transport companies and perennial businesses like Kraft Heinz,
Apple, Microsoft, Coca-Cola and McDonald’s.

Businesses which some investors might find boring but all
have one thing in common.

A moat.

Having a moat protect the business from the competition that
would seek to attack and destroy the castle.

A moat can consist of a strong brand, like Apple, McDonald’s
and Coca-Cola. It could also be that customers would find it extremely
difficult to switch to a competitor or even have no other choice.

He buys strong companies with excellent earnings growth that
he would be to hold for the next 10 years “even if the market shut down”.

He does not jump into the latest tech firm and will not be putting
his cash into Bitcoin or cryptocurrencies, of which he once said, “In terms
of cryptocurrencies, generally, I can say with almost certainty that they will
come to a bad ending
.”

Berkshire owns and controls many businesses but does not run
them on a day-to-day basis. Their management style is hands off, as one of the
reasons they invested in the company was that it had a great management team
and board.

Can you apply this investment philosophy to property?

Of course you can!

All property investors want to buy property at below market
value. However, very few take the time and trouble to keep researching the
market in order to find that special deal.

Never invest in a business you cannot understand.”
Warren Buffett

Warren always does his homework and knows his business
inside out. He has spent years learning to become a great investor and studied
under the likes of Ben Graham, the father of value investing who made a fortune
during America’s great depression.

Finding the right property, in the right area at the right
price gives an investor an excellent prospect of good long-term earnings -
massive upside with very little downside.

Buy a stock the way you would buy a house. Understand
and like it such that you’d be content to own it in the absence of any market
.”
Warren Buffett

Another aspect of Warren’s investment philosophy is to never
lose money. His two golden rules are:

Rule No. 1: Never lose money. Rule No. 2: Never
forget rule No.1
 

This might sound strange for someone investing in a volatile
ad sometimes risky stock market, but not if you apply his philosophy of buying
companies with a margin of safety in the price and a strong moat.

Warren Buffett has come up with many brilliant quotes.
Perhaps one of his most famous is:

We simply attempt to be fearful when others are
greedy and to be greedy only when others are fearful
.” 

Applying Buffett’s investment philosophy in the stock market
or property investment will ensure you make money and build wealth for the
longer term without risking the farm on every deal.

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical
steps to getting rich and being happy in my book
, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at
Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See
more articles at www.moneytipsdaily.com