jeglasgow's blog

 We are behind three months on finishing this project. There are many reasons for this but the main one is that it is a pay as you go project and that is always the slow way to do major remolding work. We have also had labor issues with the workers being off on other jobs.

 Because we (patiostore.com) sell all over the USA we get a good feeling for how the economy is doing. I can tell you that April was not a pretty picture. In spite of having more staff to better serve the customers, more advertizing dollars spent and a new marketing campaign in progress sales where down. Profits were razor thin.

 On the right you will find the articles section of this web site. One of the problems with getting information on how to get rich, is that everyone wants to sell you something. Another problem is finding information that is tried and true, from people who have really done what they are writing about. Thus Towards Wealth was born. There are articles on business and real estate investing. The real estate articles amount to a college level course on how to get rich using rental real estate as your means.

 This article covers the first consideration or decision a real estate investor needs to make. The second is finding the money and then finding good properties to acquire.

 I was at the mall on Sunday where I set in the food court and watched the people. The one thing that struck me was how nothing had really changed except that the cell phone has made people less aware of what is going on around them. The stores where, for the most part the same. More sales promotions and kiosks then before, but still just stores trying to lure you in.

 This is a great time to be buying a house. A primary residence, a rental property or a second home.

Prices are reasonable and interest rates are at all time lows. If you purchase a bank repo you can get discounts of 30% or more from the highs of 2008.

 I have been a business man and investor for 45 years. What I have learned during those 45 years is that there are only three things you can do with your time and money that have a better then 80% chance of working out well. These are.

• Investing in your own education that leads to a well paid career.

• Investing in Roth IRAs and Employer matching 401Ks.

 Over all look for retail sales to trend up for the year.

 Things do not always go the way you planned and when it does go awry being mentally prepared gives you the courage not to panic. First if you are out there doing something sooner or later you will get lucky and make some money, it's inevitable. On the other hand, sooner or later, no mater how well you planned everything, circumstances will happen that makes the your money making plan go slower, faster, harder, more expensive or something will veer it off course.