Financial Security

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Financial Security

• James Dicks

I like the dreams of the future better than the
history of the past. Thomas Jefferson
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Financial Security

• Flexibility to do the things you have always
  wanted.
• Achieve all of our Financial Goals
• You must have a Plan
• Follow the Plan
• Take charge of your Future
• Empower yourself with knowledge

Plan backwards as well as forward. Set
objectives and trace back to see how to achieve
them.. Donald Rumsfeld
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Empowerment

• Common sense not Common knowledge
• Arm yourself with the right tools training
• Align yourself with the right support
• Learn from someone's mistakes and success

It is better to have an ambitious plan than none
at all. Winston Churchill
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Quick Strategies to Remember

• Pay yourself first
• Pay off high interest rate credit cards
• Rule of 72
• Own your own home
• Pay your rate down
• Use a amortization schedule
• Check your credit report often
• Start investing for the future

Remember that credit is money. Benjamin
Franklin
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Financial StrategyCredit Reporting Agencies

• Experian 888-Experian
• Equifax - 800-685-1111
• Trans Union 316-636-6100
• www.creditreport.com
• www.myFICO.com

Never leave that till tomorrow which you can do
today. Benjamin Franklin
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Learn the Rule of 72
Lack of orders is no excuse for inaction.
George S. Patton
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The Best Investment in America

• Buy a home
• On average a home will double in value every 7-8
  years
• Interest expense can be written off
• If transferred can still be great investment
• Look for Dont Wanters

Take calculated risks. That is quite different
from being rash. George S. Patton
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KEY WORDSFlexible
I am always ready to learn, but I do not always
like being taught.. Winston Churchill
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Pay Your Rate Down

• 300,000.00 Loan 7 interest APR
• 3,000.001 Point (pay an extra point)
• 100.00 Save per month
• In three years you will have saved 3600.00
• And 100.00 each month there after

You cannot push anyone up a ladder unless he is
willing to climb himself.. Andrew Carnegie
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Pay Off Your Loan Early

• When interest rates are rising use a fix rate
  mortgage
• If you plan to stay in your home more than 5
  years use a fix rate mortgage
• When refinancing rule of thumb 2
• Use a 30 year and pay off early

Only those who dare to fail greatly can ever
achieve greatly.. Robert F. Kennedy
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477.83 Payment 1 Normal Payment PI 145.46
Payment 2 Principal Only 477.83 Payment 3
Normal Payment PI 147.41 Payment 4 Principal
Only 2 Monthly Payments You SAVE 662.79
The torch has been passed to a new generation.
John Fitzgerald Kennedy
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Insurance for Success

• MONEY MANAGEMENT
• Learn How To Manage the Money That You Have.
• DIVERSIFICATION
• Learn How You Can Take Control Of Your Own
  Financial Independence
• DONT PUT ALL YOUR EGGS IN ONE BASKET

Dont be afraid to challenge the pros, even in
their own backyard. Thomas Jefferson
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Common Mistakes

• 1- Dont Get Emotionally Involved
• It will come back
• Its a good company
• It cant go any lower
• I cant sell it now
• I have a feeling about this one

I like the dreams of the future better than the
history of the past. Thomas Jefferson
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Common Mistakes

• 1- Dont Get Emotionally Involved
• 2- Lack Discipline
• 3- Listing to the so called experts
• 4- Trade against the Trend
• The Trend is your Friend

The purpose is clear. It is safety with
solvency.. Dwight D. Eisenhower
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Time Value of Money
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Sample Channel Stock
Enter the stock on 08/20/2007 _at_ 50.45
4 ½ months later the stock is 50.45 that is a
Zero Return
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Buy and Hold
Enter on 09/29/04 _at_ 34.57
01/04/08 3 ½ Years Later _at_ 34.57 NO Return
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Sample Channel Stock
4 BUYS-4 SELLS in 4 Months If you invested
1,000 You would still have 1,000 Using Buy and
Hold Strategy Investment Entry Price Shares
Profit _at_ 57.01 1,000.00 50.45 20
130.03 1,130.03 50.45 22
146.94 1,276.97 50.45 25
166.04 1,443.01 50.45 29
187.63 In 4 months you made a 44.3 ROI
SELL
SELL
SELL
SELL
RESISTANCE
BUY
SUPPORT
BUY
BUY
BUY
BUY
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Jdicks_at_premieretrade.com www.JamesDicks.com
If you always do what you have always done then
you will always get what you have always gotten.
James Dicks