Your Questions About The Real Biz

Jere answers:

Truly an example of what you should avoid.

This site is bull.

Forex (FX) is considered by most professionals to be among the hardest markets to make money in….. Yet maxforexonline.biz will help you make great profits without years of experiance…… I don’t think so!

(by the way 3-5 pips spread is a rip off…. It’s not “tight” as the web site says)

Jere answers:

I am very conservative and I am also in the real estate biz so I’ll tell you the truth about it. It is not about bad decisions it really was about the loans here is why.

Never in history had I seen property values sky rocket like they did pre 2005. It was remarkable! So the banks had very very little risk. It became a supply and demand to get the loans done as the risk was so low (due to propertys going up and up so high).

So what happened is buyers shopped around for good rates and the competition was fierce. The best rates won out and you saw folks getting in for zero down and I mean z e r o.

Now…all this would be great and nothing bad would have happened as the chances of a r.e. Market slow down and crash was practically non existent.

But then….the worst possible scenario happened.

The real estate market took a complete reversal and it sent shockwaves of panic through the market.

On top of that you have more bad luck..the rates started going up and if you look at how fast real estate had gone up before the problem is that it had gone up MUCH FASTER than the incomes of the borrowers.

So you had property bought at HIGH prices with High loans and borrowers not earning more to keep up then you had the 1-2 punch where values shot downward.

Now the owners couldn’t refinance and if they had some lates FOR SURE nobody would touch them with a10 foot pole.

So you now have upside houses where what is owed on it is more than what it is worth.

So the next step is people tried to take more loans out, second loans if you will with what, if any equity they had. Some milked the houses for all they were worth and walked away.

So in my opinion if folks knew the market was going to change like that so fast they wouldn’t have bought and gotten those loans BUT, and this is the big but….The borrowers and the banks went on what they were actually SEEING in the market place.

And in fact, throughout history, real estate has mostly gone up steadily and quickly during some years. During the Reagan administration for example they shot up fast and didn’t come down. During the Clinton administration, although they didn’t shoot up fast the prices did go up throughout the Clinton years.

Then in the Bush administration it actually went up higher than ever per %.

New home building also increased higher than ever…so now we have a glut of inventory on the market with scared bankers and now even in New York they are starting to sue some of the mortgage bankers which further causes fear in the market.

I cannot for a moment imagine that all those folks made poor decisions. I have met these folks and they are as sane as you and I. They looked at the market..they bought real estate that was going upward…they bought based on sound facts.

Nothing like this has ever happened in the real estate market at least in our lifetimes. So nobody would have predicted it.

To make a point some of the wisest Investors (you know the names) bought real estate only to see it plummet in value. Even they, yes…even the geniuses of finance can’t predict the future. Yes even Warren Buffet lost money in the real estate he had just bought.

Truth is…Nothing is gauranteed ever and life is full of risks. In my opinion what has happened is a natural and normal thing.

Capitalism is not based on things being fair. Nobody says it is. But communism is failing miserably. Socialism fails miserably…because by making things fair they take away from the productive and give to the unproductive.

With all its flaws it is still the best system in the world.

Jere answers:

Could be a long time. I don’t know, but better be prepared tow ait a while.

Jere answers:

It’s a Scam because you have to pay into it and I scanned the website with a scanner and it came out clean but in some areas no.

Report2010-06-18 21:25:17 (GMT 1)
Websitewebsite tester.biz
Domain Hash897a33cfe9a6579e390fb96f63e1807c
IP Address173.201.216.5 [SCAN]
IP Hostnamep3nlh247.shr.prod.phx3.secureserver.net
IP Country US (United States)
AS Number26496
AS NamePAH-INC – GoDaddy.com, Inc.
Detections0 / 19 (0 %)
StatusCLEAN
Scanning site with:AMaDa CLEAN
Scanning site with:BrowserDefender UNRATED
Scanning site with:Finjan CLEAN
Scanning site with:Google Diagnostic CLEAN
Scanning site with:hpHosts CLEAN
Scanning site with:Malware Patrol CLEAN
Scanning site with:MalwareDomainList CLEAN
Scanning site with:McAfee SiteAdvisor UNRATED
Scanning site with:McAfee Trusted Source CLEAN
Scanning site with:MyWOT CLEAN
Scanning site with:Norton SafeWeb UNRATED
Scanning site with:ParetoLogic URL Clearing House CLEAN
Scanning site with:PhishTank CLEAN
Scanning site with:SURBL CLEAN
Scanning site with:Threat Log CLEAN
Scanning site with:TrendMicro Web Reputation CLEAN
Scanning site with:URIBL CLEAN
Scanning site with:Web Security Guard UNRATED
Scanning site with:ZeuS Tracker CLEAN

Jere answers:

Network marketing is as real as there is sun in the sky. It is just like any other business. The interesting feature of the network marketing is that you also get money from the people you bring into the business.

A major problem with network marketing is that most people associated with the business focus on recruiting. In essence, basic fact is forgotten. The basic fact is that the network marketing focus should be in product/service(s). Another major flaw with most companies is that business activity mostly centers around 1 product.

It is good that you can get override from those who you bring into the business. However there is a problem. Most of the time most recruits lose interest and quit or not perform. But if you concentrate on selling product/ service(s) by yourself and in addition, you also train those who you bring into the business then you will be a star in the networking biz.

In short, you must market the company’s product/service(s) and train those who you bring into the business. At the inception, you must see where the company’s focus is. If it is merely focusing on getting recruits then it is best stay away from the company.

Please note, after all most of revenue- 70 to 75%- is going to come from your own efforts.

Hope this answers your questions.

Prakash “PK” Kunjeer
http://www.empowerama.com
poopul at gmail