How to Sell ClickBank Products on eBay!

People who are struggling with affiliate marketing need to pay attention to this article. I am going to show you step by step how to make thousands each month by selling affiliate products on eBay. Nothing will be held back, and you will be able to sell ClickBank products on eBay in 20 minutes if you read this article from start to finish.

Here it is in a few short steps:

1. Go to ClickBank and find a product that you want to promote. It can be almost anything, because people are looking for almost anything on eBay. The key is to find a product that has a gravity between 30-80. This means the product is selling well, but does not have too much competition.

2. You are going to create a classified ad on eBay. These ads cost $9.95 each for a 30 day listing. I suggest you start with 3-5 ads, if you can afford 10 then go for it. You will list an ad for each product that you want to sell. Make sure the ad has a compelling headline, and outlines the benefits the product has.

3. Make sure that you list your classified in the proper category. Most ClickBank products will fall in the everything else category under information products. By listing your product in the proper category, it ensures that your ad will not be pulled. Also an important note is that you must use the classified ad format to sell affiliate products on eBay, because eBay does not allow digital products to be sold under regular auction format.

4. Each classified ad will get around 150 view per month, and should have a conversion rate around 4%. This means that each ad will make you around 6 sales, for a product that is around $47. You do not have to pick a $47 product, that is just the product I have seen the high 4% conversion rates with. If you do the math, you can easily make $100 per ad more much more.

So the key to sell ClickBank products on eBay is to set up 3-5 classified ads, make some money, and reinvest in more classified ads. In just a few months, you could have 100 classified ads on eBay each making you $80-$120 each!

You are not far from a five figure monthly income with eBay classified ads, so go ahead and get started today!

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Wood Kitchen Cabinets: To Paint Or Not To Paint?

The choice of either darker wood or painted cabinets is common for many homeowners these days. If your kitchen cabinets are still in good condition but look dated, a fresh coat of paint could possibly give your wood kitchen cabinet a much-needed facelift without draining your bank account. But depending on the ambiance of your kitchen and the overall home decor, the preference for painting wood cabinets varies from person to person. Here are a few points to consider as you make the decision.

Style of the cabinet -wood can be beautiful, but you have to look closely at the style of your cabinets and whether they complement or fit into the overall kitchen design, as well as the look and feel of your home. Painting cabinets may bring about a more cohesive and unified theme throughout the home, and this would be especially beneficial to you and advantageous in the long run especially if you plan on selling your property in the future.

Budget – If you do decide to paint the cabinets, will you be doing the project yourself or hire a professional painter? If you really want to paint the cabinets yourself, you need to ensure that the cabinets end up looking as good or better than what they look like now. A do-it-yoursef cabinet paint job is a lot of work, so make sure you’re up for it. If not, look into different options for hiring a professional so the job is done expertly..

Talk to a realtor – In many places and communities, wood cabinets are a major selling point in homes. Look at listings of similar homes in your area and look at how the kitchen description is worded. You can also reach out to a local realtor or home staging professional to get their expert advice.

Select colors correctly – Because of the importance of having wood cabinets painted properly, you also want to make sure you pick the right color. There are virtually hundreds of „white“ paint choices. Keep in mind also that lighting plays a major role in how paint will look in the final space. Perhaps you should consider taping a paint swatch on the front of each cabinet and looking at it over an extended period of time to see how it will eventually look.

While all of these points should be taken into consideration, the most important question to ask really is „What is the kitchen’s role in your family’s life?“ Is it truly the heart of your home? Do you use this space to entertain? Do you cook a lot? If you’re the one that will be spending a lot of time in this space, you should love it and have an efficient use for it.

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German Shorthaired Pointer – Pros and Cons of Owning This Versatile Pet

Pluses and Minuses of Owning a German Shorthaired Pointer

The German Shorthaired Pointer is going to be a great pet as well as a good hunting buddy. It is an especially good hunting dog as they will retrieve both on land and in the water. This well balanced dog is perfect for someone who is looking for an outdoor companion as well as a family pet. Consider the information below when choosing whether or not one of these versatile dogs will be the right pet for you and your family.

Pros:

If you have a very active, happy family, the German Shorthair may be just the family pet you are looking for. This breed of dog is one that likes to be active and is going to have a high amount of energy on a daily basis. You will need to have room for your pet to run free and burn some of its energy every day. If you do not have this type of space, another breed will probably be more to your lifestyle. Without lots of exercise this pet will get bored which leads to destructiveness or escapism. They can clear a 6 foot fence so make sure they have plenty of room to run or if you can frequently take them where they can.

The GSP is an intelligent dog with exceptionally good temperament. This makes it an ideal choice as a pet that will get along well with children and other pets. They love being around people and are eager to please. If you want a dog that will learn tricks this one will fill the bill.

If you are looking for a great family pet that doubles as a good watch dog look no further than the German Shorthair. They adapt to their living conditions easily and with minimal training, will adapt to the needs that you have. While these dogs have too much energy to be good house dogs they will be somewhat happy to be inside if they are able to get plenty of exercise by running with you or with your bicycle. They are happiest when they can run when they want so try to have a large yard to put them in.

The grooming of the GSP is minimal as it sheds occasionally which keeps you from being too occupied with brushing of a long haired dog. The best thing for your dogs coat is to wash it every few months as well so there is no need for constant bathing. They like water so a dip occasionally will take care of most of the need for bathing.

Cons:

The trouble with owning a German Shorthair is that you are in need of constant exercise for your dog. If you are someone who lives on their own and who is at work the majority of the time, you will find that you have an unhappy dog who is not satisfied with being locked up in a home by itself all day long. If you are looking for a dog that enjoys being inside and is not too energetic look at getting another breed of dog.

If you don’t have a large yard you will doing this pet a great disservice as they like to be in almost constant motion. If you let them in the house be sure you have a fairly large one as these as fairly good sized. They like to play and often forget they are inside which can cause a lot of damage.

The GSP is not a pet that you can leave in the house by itself for any length of time as they get bored and can be quite destructive. If you do have to leave it indoors you should teach it to stay in a crate or better yet put it in the garage. If it likes to play with toys be sure they are put in with it along with plenty of water. Dog proof it as much as possible first though.

The German Shorthairs are ordinarily hardy dogs but some are prone to several problems such as epilepsy, and hip dysplasia along with a few other minor ones your vet can make you aware of and can be watched for.

If you are looking for an intelligent, active family pet that likes to hunt and roam the outdoors you won’t go wrong with a German Shorthaired Pointer. They are very high energy so make sure you can provide them outlets for this or they won’t be very happy.

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Short Sales vs Foreclosure – What Are The Effects On Your Credit?

Homeowners looking to stop foreclosure are faced with a number of options, one of which is doing a short sale. Some people, depending on their situation, may allow a property to go into foreclosure instead of attempting a short sale. One reason is they don’t want to keep the home in the first place. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. The primary consideration above all is the affect both can have on your credit score.

The Basics Of A Short Sale

The concept of a short sale is fairly simple. A short sale occurs when the sale proceeds of a house fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. A few words of warning are in order. Not every lender will negotiate a short sale. If for example your payments are current, yet you foresee imminent cash flow problems arising that will affect your ability to make your monthly mortgage payment. Lenders have no interest in negotiation unless your payments are several months late. Another consideration is you may be held liable for taxes on the difference between the sale amount and the original loan amount. Short sales require nerves of steel.

The Credit Affects

Foreclosure

Without a doubt sellers will incur more damage on their credit report by going through foreclosure. Typically your credit score will take plunge between 200 to 300 points.

Short Sale

Short sales have a far less damaging affect on a seller’s credit report. Credit scores typically lose between 80 to 100 points. What happens to your credit down the road? It is takes around three years after a foreclosure before a lender will offer a sensible interest rate, whereas for a person who went through a short sale typically waits around 18 months to buy another home at a good interest rate.

Salvaging your credit should always be the primary concern when making the decision between a short sale and stopping foreclosure. The savings in interest payments alone should be convincing enough for most people, not to mention your buying power in the near and distant future.

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Huge Profits From Short Sales – Fantastic Pre-Foreclosure Tool For Savvy Investors

Louisville realtors, investors and debtors facing foreclosure ask me from time to time how short sales work. Consider this a primer.

I recently brokered the sale of a house for $85,000 to an investor. The house appraised for $120,000, giving the investor substantial immediate equity. The lender took a $60,000 loss. The owner/seller was forced to sell his house, for which he received not one red cent, and had to move into rental. How is it that all parties walked away from the closing table satisfied?!

In the beginning…

When a home owner owes his lender more than he has borrowed, he’s said to be „upside down on his mortgage“. This can come about in many ways, the principal amongst them occurring when he simply stops making mortgage payments, often because he is in serious financial difficulty. If his mortgage payment is $1,000 per month, and he stops paying, or pays intermittently, the fines, interest and principle can rack up pretty quickly. And if the owner can’t pay the mortgage, chances are he hasn’t been able to make necessary repairs to his home. This situation is almost invariably accompanied by despondency, which again leads to neglect of the house.

Stir into the mix bankruptcy, and perhaps divorce, and you’ll understand it’s not surprising to find the homes of these owner/debtors are often seriously degradated. That leaky roof is probably the last of the owner’s problems.

The „F“ word

Foreclosure. It’s not a happy prospect for the lender or the borrower. Lenders have different tolerances for late payments. However by the time the debtor is late for the fourth consecutive month the vast majority of lenders begin foreclosure proceedings. In Kentucky the foreclosure sale of the home by public auction takes generally anywhere from 6 months to a year from the time the foreclosure procedures began. It can take longer – I saw one artful debtor drag on the foreclosure proceedings for more that 20 months! Her mortgage payment was $1,300 a month. After 20 months that became a significant debt compounded by late fees, interest, legal costs, and the potential cost of selling the property at a public foreclosure sale. To say nothing of the continuing, moment by moment deterioration of the property. By the time she moved out the bank had written off in excess of $80,000.

The lender’s and borrower’s conflicting interests

Capitalism is a wonderfully contrived system. It hands not only the power-barons a potent array of weapons with which to fight, but also the poor and destitute. Though the battlefield is nowhere near even, double digit interest thrust too deeply down an indigent debtor’s throat may precipitate his „nuclear“ retaliatory option – Chapter 7 bankruptcy. And so these two, symbiotically entwined, are locked in an elegant dance, teetering between dividends and disaster, profit and poverty. One serious mis-step, and the band stops playing.

Thus, from years of bitter experience, lenders have learned that it’s often better (cheaper) to attempt to gain the cooperation of the owner and have him agree to voluntarily sell and vacate his home, rather than evict him under foreclosure. Lenders also understand that the chance of ever recovering the money owed to them by the debtor is slim. But many debtors choose not to sell because, around the time they realize they will never catch up on their payments, they often have another „Ah Ha!“ flash of insight: that if they stop paying their mortgage and just wait for the foreclosure axe to fall (or better yet, engage in a hatfull of tricks to keep that axe at bay) they can live „rent free“ for at least 6 months. So now the debtor turns from borrower to squatter, perceiving it to be in his best interest to prevent the foreclosure for as long as possible. And if the house, the lender’s „security“, should fall apart in the meantime, so be it.

The solution

The lender is in a position to offer the borrower a very important concession for his cooperation: to write off the entire debt if the borrower finds a buyer to buy the house at a price and terms acceptable to the lender, within the time stipulated by the lender. This is the essence of a short sale. Lenders set their own guidelines for what they will accept. They may say they need to get fair market price, but will in fact often be prepared to sell for much less. They do not want to chance selling this house at auction and risk receiving a very low price. Or worse yet, receive a bid so low that the property does not meet their reserve price, and they end up owning the property. In this case the property is administered by the lender’s REO (real estate owned) department, which will then list the property with a realtor. And the cycle begins again……

The Lender initially said The Willows house was worth $120,000, and wanted it sold at about that price. It got the $120,000 figure from someone it had hired to do a BPO. BPO is short for „Broker’s Price Opinion.“ It is similar to a CMA (Comparative Market Analysis) and serves the same purpose: to arrive at a fair market value for a property. Most are done as a „drive-by,“ meaning that the „driver“ (usually a realtor, maybe an appraiser) drives by the outside of the property, takes one to three photos and leaves. He then completes the lender’s BPO form on-line and e-mails it with the picture. Sometimes an „internal“ is requested, in which case the realtor goes into the property, takes about 3 internal and 3 external photos and sends these through to the lender with the completed BPO form.

When the debtor had realized he would not be able to save his house in The Willows, he contacted me to see if I could help. He did not want a foreclosure on his credit report, which would have prevented him from getting a conventional mortgage for three years. Even with a Chapter 7 bankruptcy, the wait period is only 2 years from dismissal. He also wanted to have his debt forgiven. I was able to accomplish both these goals, saving him about sixty thousand dollars.

The short sale process

As a Realtor, the first thing I did was explain to my client all his theoretical options, including deed in-lieu of foreclosure, loan renegotiation and others. He settled on short sale. I listed The Willows property, and had him sign an authorization for me to contact the lender to see if it would agree to a short sale. Remember, when I list the property, the owner/debtor is my client (not customer). This means I must always act in his best interest. The lender is not my client and I owe it no such duty. In a normal sale the seller and buyer have greatly divergent interests: the seller wants to sell at the highest possible price, and the buyer wants to buy at the lowest. In a short sale there is no such contest between the parties: the seller wants to sell at any price the lender will accept, and will generally agree to any price offered, contingent upon the lender’s acceptance. So in a short sale, the lender takes on the mantle of „seller“ vis-a-vi the buyer and these are really the parties who negotiate the contract. Now get your head around this one: as listing agent in a short sale I am often in the peculiar position of actively attempting to negotiate for the sale at the lowest possible price acceptable to the buyer! (But always with the caveat that this is in the seller’s best interest, and does not jeopardize the sale). This anomaly has many ramifications for the way I conduct and negotiate these transactions.

Price, Terms and Timing

Price: So how much will the lender lop off that price? I’ve generally found that as the day of auction approaches, lenders become more malleable. Pretty inefficient, because they loose a lot of time and money that way. I supplied the lender of The Willows property with objective material indicating that the drive-by BPO was inaccurate, given the condition of the house. The lender then had an internal BPO done. That was key to getting this particular deal done. I also sent off photos and comps of my own. In some cases I’ve sent the lenders well over 100 photos. Pictures speak louder than words, and it’s critical, when the property is damaged, that the lender understand the shape it’s in. Remember – the BPO realtor may be doing up to 50 BPOs a week – he could care less about this one deal. But as listing agent I need to keep the lender informed of all issues that coincide with my client’s best interests. The second Willows BPO came back at $100,000, and the lender initially tried to obtain that figure. Ultimately, with the foreclosure sale due to occur the next day, it reduced that amount to 80% of the $100,000 plus $5,000 to pay off non-mortgage related liens. At 4.50 pm the lender agreed to stop the foreclosure sale scheduled for 11.00 am next morning.

But hey, it ain’t over ‚til the fat lady sings! Because the loss on this loan was $60,000, and because the lender had authority to settle up to $30,000 only, we had to wait for final word from the mortgage insurance company, which we eventually obtained, but not without many hours additional work.

As you see, the price of The Willows property was determined by the lender looking at the bottom line – how much net it would receive. And in order to get this number, all lenders in short sales request a „fake HUD-1“ or a „net sheet“ submitted simultaneously with the offer. In a normal real estate transaction the HUD-1 is drawn up at the end of the transaction, after agreement is reached. – in a short sale the title search is performed immediately upon listing, even before there’s an offer, so that the figures can be applied to the net sheet as soon as needed.

Terms: The most common terms distinguishing these deals are that the lender often requires terms such as „sold as is“ and „proof of finance or funds required with offer“, and to protect the seller, the realtor should insert terminology indicating seller’s acceptance is subject to release from all liability for debt. None of this is carved in stone, and I’ve negotiated repairs and other concessions from lenders. Each case is unique. Paper will suffer any indignity – write the offer!

Timing: The REO, Foreclosure and Bankruptcy departments often appear to be understaffed and overwhelmed, so don’t expect instant responses. Some will take weeks to reply. Make sure the buyer and seller understand this. But once a deal is struck, the lender will often expect an unreasonably quick closing, and will attempt to penalize you with days interest for closing after a certain date. This all goes back to the net sheet calculations; because you have informed the lender how much it will receive by a certain date, it then attempts to hold the line at that date, even though they are generally very slow to respond. The Willows lender, after having not responded to multiple contacts, gave us just 2 days within which to close! Fortunately we well prepared, but it was very close.

Closing Note

The tax consequences of short sales fall outside the scope of this article. If you want info on how to handle competing offers, dual limited agency within this environment, or need a copy of the net sheet I use, you may contact me.

Update

Here’s a new twist. A couple of weeks ago I submitted a $235,000 offer to a lender on a short sale, (Seller owes about $275,000) which the lender ultimately accepted. However, in it’s acceptance letter, at the very bottom of the sheet, the lender stipulated that it retained its right of recourse against the seller/borrower (my client)! And this despite seemingly contrary language in the main body of the letter. I explained to the lender that the ONLY reason my client had agreed to the short sale (and not to jerk the lender around in the bankruptcy proceedings) was because he expected to obtain a complete release from all liability at closing. After a weeks or so of wrangling, attorneys etc, the lender „saw the light“ and agreed to the release.

CMA

Though the information provided is considered reliable, it is not complete, nor warranted accurate. Always consult your broker or an attorney.

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Can I Represent Myself Against Foreclosure Fraud? Yes, It Is Called Pro Se: "By Myself"

„DON’T FIGHT THE PROBLEM… DECIDE IT“

„George C. Marshall“

Nearly all Borrowers who have contacted me about an imminent, or already taken place, foreclosure believed that it was imperative that they find an attorney to represent them in a court foreclosure action. For three years I believed the same thing. Many judges will suggest it so strongly that a borrower believes that it is actually a law, which it is not. But, it does make sense that we believe it. We see it on TV, in the news, magazines, and, of course, most attorneys will tell that you need an attorney

But, the reality is that this so-called mortgage melt down is so big and is rife with illegal and criminal behaviour that defies what most people regard as normal, there are few, very few, attorneys that can win for a borrower.

Attorneys, for the most part, are not familiar with the subject of Mortgage Fraud. Certainly not as familiar as they will lead you to believe I have resented this fact for a very long time. As I said, most of my clients have been advised by a judge or an attorney that they absolutely must have an attorney. They are right, except for one thing. Shouldn’t that read „they absolutely must have a Good Attorney?“

You are not better off with an uninformed attorney representing you.

Can you afford an attorney at this time? What if you think you are unable to pay an attorney? Should that automatically mean that you have no choice but to leave your home?

Well, there is another way. You don’t have to hire an attorney to start the fight to save your home. In my opinion you cannot win with 99.9% of the attorneys in your state anyway. If that is not true, then why do we hear so much about mortgage fraud and so little about the victims of mortgage fraud winning their cases?

The reason you don’t know what to do, is because trials and courts are not your areas of expertise. But, you can be strong if you get the right kind of help. You can do a lot of what an attorney should do at the beginning of the threat of foreclosure. You can do it as Pro Se, which means „I am representing myself“ if you have the right help and accurate information.

You can learn how to use your constitutional civil rights to force the courts to treat you in a fair way.

I now believe that finally you actually have the advantage. But, like anything new you must learn the rules to play the game.

DON’T MOVE FROM YOUR HOME WITHOUT IT BEING A FAIR FIGHT! YOU CAN WIN.

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Save Dinero With These Pro Staging Tips

I’m not sure if I told you yet, but a HUGE thing for me is how to stage a house on a budget. Staging can be an investment, but I get a sense from my clients that they or their friends and family watch HGTV–which I love, by the way!–and have a reality TV image of staging and stagers and not a realistic one. I have actually saved my staging clients money, time and energy because they were under the false assumption that when staging a house, they needed to do work or make changes that just weren’t necessary. Not to mention how much cash they saved by getting their house on and off the market superfast!

As a Stager, I do my best to understand who your target buyer is, what your strengths and weaknesses are in the market, to work with what you have all while being as minimally invasive to your house as possible. Here are some true tricks of the staging trade that can really help you save money and stage a house like a pro!

Don’t Paint Trim

If your trim is in good condition or only slightly warn, save yourself time and money but only painting walls if necessary. If there are a few chips here and there in your white trim, good old fashioned whiteout (that’s from the typewriter days, kids!) is great for touching up.

Don’t Refinish Hardwoods

Hardwoods are a HUGE selling point even if they are not in the best shape. Giving them a good cleaning and minor touch ups with stain are all that you may need.

Don’t Buy New Furniture

I had a client that lived in a house that had last been decorated in 1984. To say there was tons o‘ formica and polished brass is an understatement! The house had been on the market 3 times with no offers so the seller thought that she would need to buy new furniture to update the look of the house. I completely disagreed with her and we worked with her 80’s finery adding updated artwork and accessories. After we staged the house for a quick sell, the house sold in under 3 weeks with a bidding war! The seller saved on both ends of the selling equation–nice!

Don’t Replace Outdated Appliances

If your appliances are in good condition and look OK, don’t update them with thee newest, stainless steel variety. When we moved into our house, one of the selling points to me was that I got to put in exactly what appliances I wanted to rather than paying for what someone else had put in. If they are worn, or old, ignore this advice and head to Lowe’s immediately!

Don’t Automatically Update Outdated Lighting

When you start getting into changing light fixtures, it can totally put you into more work than you think. You never know what you are going to find when you take down a fixture so a lot of times it is just best to work with what you have and update the look of everything around the room so that the outdated fixture isn’t the only focal point. Spray paint is also a wonderful thing and now that it comes in metal finishes, you can really take a dated fixture into the new millennium easily and inexpensively. One big exception to this rule–If you live in a luxury home/community and you still have builder’s grade fixtures on your first floor and the „first impression“ rooms, change them out! It will totally be worth it!

Don’t Change Out All of Your Brass

A quick fix for polished brass is Brass and Bronze Aging Solution. For under $10 you can update your bathroom fixtures and with way less hassle

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Tips for Getting New Clients As a Realtor

Admit it or not, finding clients on the vast real estate market is very challenging. It is challenged by the existence of big real estate firms which employ hundreds of experienced real estate agents on their teams. If you are a newbie, you could easily be swallowed by the efforts exerted by the established firms. But have you ever think that they also started out as rookies in the field? If you are in this situation, here are some tips to at least give you a leverage on finding the right clients for you.

Create your own circle of offline connections and influences. As much as the online world is essential to widen your connections, the offline connections and influences is equally essential. Start with your family and friends. Then add your past classmates even those from your elementary days whom you still remember. Your teachers can be great additions. Move on to those whom you are tapping services as professionals such as your doctors, dentists, hair stylists, pet groomers and fitness coaches. The parents of your children’s classmates and friends can also expand your offline connections. If you have business contacts, add them as well. Don’t forget your neighbors. They can be great sources of referrals.

Build a better online network of friends. Through social media, you, as a real estate agent is bestowed greater power to enhance online connections. Your network can be a greater web of interconnected persons starting with your family members down to their own friends, acquaintances, friend of friends, and so on. Before you notice it, your network has expanded to include professionals of diverse titles not only in your locality but also in adjacent towns and nearby cities. If you think they are not relevant, you may be wrong with the impression. Anyone in your online network of friends can always be a great source of referral even those who you seldom see to be adding activities in their social media accounts.

Send mailers, both online and offline. Now that you have established both your online and offline connections, it is time to introduce yourself as the rookie real estate agent. For offline mailers, be sure to have a formal tone. Give your full name, license number, the firm you are connected too, its address, and contact numbers of you and the firm. Inform them of the services you are offering.

For online mailers, the same can be followed. But since it is an electronic form, you may want to add some enhanced graphics and video.

Create your own website. For personal branding, having an own website is an essential. This is where you can provide listings, value added services, frequently asked questions, and even informational articles that can help spark the interest of your potential clients. Support it with a blog, and connect it with your social media accounts in different real estate online platforms.

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The Importance of Stocks & Sauces

The great French Chef Master, Auguste Escoffier wrote:

„Indeed, stock is everything in cooking, at least in French cooking. Without it, nothing can be done. If one’s stock is good, what remains of the work is easy; if, on the other hand, it is bad or merely mediocre, it is quite hopeless to expect anything approaching a satisfactory result.“

Escoffier and other French chefs revolutionized early French cooking by inventing a lighter and reduced sauce, a variation of traditionally heavy cream sauces, known as stock.

Since the 16th century, stocks have been used in soup and sauce preparation. Stocks are the extraction of flavor from ingredients with a liquid base. The ingredients often include include bones, vegetables, herbs and spices simmered in water.

There are a few French stocks and sauces that are used traditionally. ‚Glaces‘ are stock that have been reduced, while a ‚demi-glace‘ is reduced even further to form a thick brown sauce. They are used for numerous dishes to intensify the flavor, texture and color. A ‚jus‘ is the natural liquid rendered from the drippings of a roast. An ‚au jus‘ is usually prepared using stock and meat trimmings. An ‚essence‘ is the vegetable equivalent of a meat stock added for a touch more flavor in the sauce.

Why are stocks so rich in flavor? Simmering ingredients allows extraction of flavor in addition to reduction in volume – it’s this reduction that concentrates the flavor of the stock even more.

As a result, stocks and sauces are key to delicious cooking – as well as for other reasons besides taste. As our economy is still recovering, we know families everywhere are working long hours. Cooking nutritious and satisfying meals can fall by the wayside in daily tasks, but keeping a full pantry of good stocks and sauces give you the option of preparing quick dinners on the fly.

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Make Sense Of Your Finances

The reality is money comes and goes; what is more important is how you handle your funds. Long time ago when I was learning how money works; the rule of 72 was an eye opener. The rule of 72 is a simple way to determine how long it takes your funds to double; it’s based on an annual interest divided by 72 which will equal the number of years it would take to see some real growth overtime. As an i.e. let’s say a 1K investment at an annual return of 1.0% which is more than what your bank is currently paying; it would take 72 years for your funds to double. (72/1=72 years). The money will grow to only 2K over a 72 year period.

Now, take that same 1K invested properly in the financial markets at a rate of 10% which has been the average historically, it would take 7.2 years for your funds to double. So, in that 72 year period you would have 10 doubling periods or $955,594 just a little under 1 million dollars; not bad for 1K. Have you ever wondered why local and national banks have plush atmospheres and marble floors to walk on? We must learn how to manage our finances; budgeting, spending, and saving; are all part of being wise responsible stewards.

Over the years, many of us have made mistakes with our money; whether through extended credit, bad financial management, being buried in debt; or by being ripped off by different financial advisors‘ or scam artist. To make sense of our finances, it takes discipline to do the right thing and refrain from frivolous meaningless bad habits. Over the last several weeks with this Corona virus pandemic, I have seen people spending their hard earn cash foolishly; buying more than what he or she would usually need on any given day. The world is not coming to an end. Spread your funds across the table and get what you need to make ends meet. It should not take a crisis to get our attention with our finances, this should be a year around process on how to manage money properly.

It is during times like these that grabs our attention to slow down and to think things through before we act on impulse. Also, this is another way God gets our attention; for those of us who believe He is the true and living God. He is in control of this whole situation and has the whole world in His hands. The goal of every person when he or she comes into the knowledge of how to manage their finances, should include but be not limited to: the purchase of life and health insurance products, have legitimate sources of income streams through the diversification of multiple assets, owning real estate, have a basic understanding of how to buy low and sell high or at least break even; or make a profit with whatever business venture you may engage in. Last but not least, be advised by trusted reputable professional financial advisors‘ to help manage large financial portfolios‘.

The truth behind money is knowing how to manage it properly and living within our means and being at peace in mind, soul and spirit. We have to learn from our mistakes and errors and be a blessing to others who may lack both finances and the knowledge on how to have more than enough. Share your education with others to help them change their mindset from a poverty thinking mentality to help increase their wealth accordingly. It is time to let your money start working for you; instead of working for the money!

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