Real Estate in New Jersey
Real Estate in New Jersey
is a very valuable commodity.
Whether you are referring to North NJ, Central NJ or South
NJ; real estate in New Jersey has a tremendous amount of
value. This is if you are interested
in selling or buying. NJ Homes
for sale are a good long term buy.
Homes for sale in NJ
are good to have.
This is from a recent article from
TheHilltoponline
Investing Gaining Popularity Among College Students
Denise Horn
Mutual funds, stock quotes, brokers, portfolios and
dividends are rarely discussed within the general population of
African-American communities. However, some District college students
are seeking to make a positive change.
“I got tired of wasting money and not getting any money back,”
said sophomore finance major Jason Coles. Coles, a New Jersey native with a real estate
license, began investing in stocks and certificates of deposit at the
beginning of his freshman year. Through higher education as well as
self-education, he is diligently taking steps toward building long-term
financial security. To build “black wealth,” Coles
believes it is essential to invest.
“More black people will be quick to buy a pair of Jordan’s
but won’t buy something to help them out in the long-run,”
Coles said.
Colleges across the nation such as Georgetown University
are also fostering black student investors such as Jodi Callender.
Callender who is double majoring in finance and international business also
believes in investing for one’s long term future.
“Investment education is critical for our future,” Callender
said.
With hopes of becoming a future Fortune 500 CEO, Callender participates in
the Georgetown Student Investment Fund (GUSIF).
GUSIF sponsors educational seminars and finance tutorials to educate
undergraduate students about the benefits of investing. Some trips include
visits to the New York Stock Exchange. Student members of GUSIF are
of various academic disciplines and are offered the opportunity to learn
about investing in different industries such as healthcare, technology and
telecommunications.
Founded in 1997, GUSIF’s initial investment was from the University
in the amount of $100,000. Its second investment came from Georgetown
University Alumni Association. With its two clients, GUSIF now
manages a fund exceeding $250,000.
Another student organization at Georgetown
is Georgetown Collegiate Investors. This organization encourages
investing in promising sectors of the economy. With a required minimum of
$250, students can invest from personal accounts. With an annual return of
approximately 11 percent to 12 percent students are awarded upon graduation.
While some students like Coles and Callender are making personal advances
toward financial gain, knowledge is often shared with novice investors who
may think investing can be intimidating or may not know where, how or why
to begin. Most college students are unaware that as little as $100 can be
invested in mutual funds, stocks and bonds.
To encourage more students across campuses to invest, Coles and Callendar
suggest students create investment clubs. Investment clubs allow
students to learn of different investment options with input from other
members.
In addition to investment clubs, wealth educating web sites such as
www.youngmoney.com and www.betterinvesting.org recommend students begin
investing as early as possible. Organizations such as the National
Association of Investors Corporation help people create investment clubs
with as few as 20 people.
As Coles educated himself about various investment options from the Wall
Street Journal and various books, he plans to learn more about investing in
classes at Howard
University such as
Investment Banking and Principles of Investment. In the future, Coles plans
to create investment seminars for incoming freshman and pursue real
estate.
He said, “Investing is not a waste of money, but a long-term
reward.”
Tip #23
Home Buying Tip, Big Ticket Items:
Before you buy a home
you should avoid buying any big ticket items. When this is found out during the
credit process or reporting it can make mortgage banks nervous.
Even if you will be able to get a loan, you might not be able to get
the best available interest rate.
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Tip #24
Home Selling Tip, Listing Right:
A common mistake when people list their house (especially in a
buyers’ market) is list the house at a high price that they
don’t anticipate to sell it at.
They figure that if they get it then GREAT but if not they can
always lower the price.
This is not a good practice because what mostly happens is it will
stay on the market for a while and make potential home buyers nervous because
it’s been on the market so long.
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