Future Trump

The Rule of 72

2009-09-25T23:53:00.000-07:00

The Rule of 72 is a great math shortcut to estimate any growth rate, from quick financial calculations to population estimations

Example: Years to double your investment = 72 / Interest Rate

At 5% interest, your money takes 72/5 or 14 years to double.
If you want to double your money in 8 years, get an interest rate of 72/8 or 9%.
If the country's GDP grows at 6% a year, the economy will double in 72/6 or 12 years.

Planning Teen Wealth

2009-09-25T23:21:00.000-07:00

Planning Teen Wealth Part 1: A fast and simple way to calculate money in and money out.

First teens need to calculate all the income during the new month.

Make sure you only add "for sure" income for the new month. (don't speculate)

Now add up all basic expenses - the things you must pay for!

Next is obvious, subtract all expenses from your income from the new month. You should have money left over, which is used to spend, save or do with what you like.

Steps To Planning Teen Wealth

Divide Income by 4 to get earnings for each week.
Now, divide expenses by 4 to get your total expenses each week.
Put aside 10% for savings
The balance that remains will be divided between investments, savings, and other personal things.
Planning Teen Wealth is very important. These simple exercises will help so how much through your journey of learning money skills. Note, you should never have more money going out then coming in, that's destroying wealth, not building wealth!

Simple Spreadsheet of Calculating Money In and Money Out!

Income:

Income From Work: $______________

Income From Other (define)________________ $______________

Total Income: $______________

Expenses:

Fun $______________

Other Expense(define)_______________ $______________

Total Expenses: $______________

Finally minus your expenses from your income to come up with the difference.

LEFT OVER INCOME: $______________

(use this for investments, fun, and other personal items)

Making Money By An Internet Service

2009-09-06T23:33:00.000-07:00

Today, many teens know the computer well. If you are known to be a computer person you might make lots of money providing a service on the Internet. Lets say you know HTML, how to making a website, blog, or company logo. You can post ads on craigslist and sell your service. This can make you a lot of money, just by doing something you already knew and enjoy!

Future Trump (Jalen)

www.futuretrump.blogspot.com

www.newmotorwerks.blogspot.com

Calling All Teen Writers!

2009-09-06T16:04:00.000-07:00

As a teen my self, I'm not much of a hard labor worker. In fact I don't like working much at all, as I am sure most teens feel. Though, if you doing something you enjoy it doesn't feel like work! If you are a teen interesting in writing, you have a great opportunity of making a lot of money as a Freelance Writer. Trying writing articles, and selling them to article selling websites. This is a great way to making a lot of money, well doing something you love!

Future Trump (Jalen)

www.futuretrump.blogspot.com

www.newmotorwerks.blogspot.com

Buisness For Teens!

2009-08-25T18:24:00.000-07:00

I've talked a lot about making money online, though their are many more ways to make money. A great way to make money is to start your own business. Teens can start business such as, mowing grass, pooper scooper service, babysitting etc. Easy and yet profitable stuff! I want to encourage all teens to get their business started.

Great Tips On Getting Your Business Started:

First, Create Your Business: What Service Are You Going To Provide, and Choose a Name!
Second, Create a free website with Weebly! , and Create Contact Info (email, phone, etc.)
Pas Out Flyer's and The Spread The Word To Clients
Enjoy The Money!

Future Trump (Jalen)

www.futuretrump.blogspot.com

www.newmotorwerks.blogspot.com

Create a free website

with Weebly!

Long Term Dividend Stocks

2009-08-18T22:44:00.000-07:00

Sometimes, I thinks it's best to not always chase the short term, fast-cash stocks! We all, as young investors, need to learn to be patient. When you are a patient investor, you will make more money, and have more shares in long term stocks. When looking to invest in long-term stocks you want to find stocks with high dividends. Dividends pay you a certain amount of money per quarter per share you own. For example: If you have 100 shares of a company with an annual dividend of $1.00. You would get $25.00 a quarter for your 100 shares. Now this can give you options. You can either re invest the $25 back into the stock, or have a $25 check sent to you.

Not only are you getting money from the dividends, your also making money from the increasing stock price. Now in the the long term you will have more shares, meaning your portfolio will be worth more. This is why being patient is key to a smart and successful investor.

MY TOP FIVE HIGH DIVIDEND STOCKS

1. GE - General Electric-$13.59-Annual Dividend-$0.40

2. MO- Altria Group-$17.64-Annual Dividend-$1.28

3. NI- Nisource-$12.95-Annual Dividend-$0.92

4. PFE-Pfizer-$15.98-Annual Dividend-$0.64

5. FORTY-$7.90-Annual Dividend-$1.80

Start Investing and Good Luck!!

Don’t Chase The Best Funds

2009-08-04T23:40:00.000-07:00

If you ask a seasoned mutual fund investor what the three biggest keys to successful investing are, he or she is bound to say discipline, discipline and discipline. What does that mean, exactly? It means avoiding the temptation to react with the news.

A common behaviour by many new investors is that when they hear on the news that a particular stock or mutual fund is poised to explode, they run to their computers or cell phones and switch over every penny in investments that they have to this new hot stock. While this practice can work some of the time, if it worked all of the time without fail, investing would be a lot easier and everyone would be doing it.

Discipline is the practice of sticking with your advised investment plan, even if a more tempting offer comes along. When you first start to invest, you should have a good idea of your risk profile, your short and long term goals and the amount of money you’re able to invest. You should pick a fund that meets all of those criteria and then settle in for the long haul. The only way to make a lot of money with mutual funds is to trust that they will give you the returns you desire, and stick with it.

There are times, however, when sticking with a fund may not be a good idea. If your fund is hemorrhaging money and has been for months, you may want to switch to a more stable mutual fund. But you can’t switch over your money with every bump and swerve in the market. Not only will fees and taxes eat your principle up, you’ll have no long term plan to help you invest and meet your goals.

The two biggest demons you have to deal with are fear and greed. Both of which are valid human emotions, but both can get in the way of logical, disciplined mutual fund investing. If you can manage both your greed and your fear, you can stay away from the lemming-over-the-cliff mentality that grips so many other investors. Mutual fund investing is one case where you do want to stay the course.

Temptation is a scary thing in all aspects of life. The temptation to run to the smoking hot and fashionable mutual fund of the week is extremely high, so high in fact that many investors take it like a month to a flame. If you don’t want to get burned, avoid the investment tips from your friends and use discipline as your number one investment strategy.

Determining Reward vs. Risk

2009-07-28T23:13:00.000-07:00

The concept of risk versus reward is the basis for not only mutual fund investing, but investing altogether. The same system of risk versus reward can be translated to almost every part of life. When you analyze a situation, you can determine the possible risks of doing something and then the possible rewards of doing something and decide what the best course of action is for you. Determining your risk versus reward strategy for mutual fund investing is key.

The first thing investors of all stripes need to learn is that while mutual funds are a fun, exciting and easy way to invest, there is always a chance, no matter how slim, that you could lose every single penny you invest. That is one kind of risk. The other kind is the risk of not meeting your investing goals that you have set for yourself. This is a tightrope that every investor must walk, determining your risk while trying to earn the reward.

The risk associated with investing can be caused by many different factors. Things like general economic conditions, the rising or falling of interest rates and inflation are just a few factors that can cause a stock or a mutual fund to rise or fall. One of the best parts about mutual funds is that the risk involved in each fund is clearly stated BEFORE you invest. If you’re just looking to make a few dollars for holiday shopping, you can do that and keep your risk very low. If you are 25 and have a whole lifetime to invest for your retirement, there are mutual funds that can help you take big chances with even bigger rewards. If you lose your money, it’s not as big of a deal since you have your whole life to make it back.

Maybe the best advice you can take when analyzing risk versus reward is the fact that every stock, every bond and, yes, every mutual fund will fluctuate. This is an inarguable truism in the world of investing. There may be a few times when you sit down with your morning paper and you need two antacids with your morning coffee because your fund lost a few points. But with smart investing and good advice, you’ll have far more mornings where you leave for work with a smile on your face because your fund is doing well.

Analyzing risk versus reward is a huge part of investing and if you are having trouble figuring out how much risk to take, ask for help. You don’t want to enter into investing with a blurry picture of your risk vs. reward. The more you know about your personal situation, the better off you’ll be.

Future Trump

How To Make Money Re-Selling Stuff On eBay!

2009-07-13T09:45:00.001-07:00

Many have became wealthy from re-selling stuff on eBay! They buy an item for a low cost and than sell it on eBay for a higher price. Usually, after fees and original cost, they end up making some extra cash. This is a fast and easy process that may help you on your path to wealth.

1. First, try to go into bargain stores with a camera or phone. Take pictures and write down the name of the item your thinking of re-selling on eBay. Also check the price to make sure its a good deal.

2. Next, after you have a couple of products, their names, and pictures. Go on to eBay (make an account if you haven’t yet) and research the items you are thinking of selling. Search "Completed Listings" and see how much your items have sold for, shipping price, etc.

3. After you have researched your items you should come to a conclusion of which item is a hit or a miss.

Good Luck Selling!!

Future Trump (Jalen)

How To Improve An Idea!

2009-07-08T14:57:00.000-07:00

Throughout the day we use all sorts of different producds. Though some of these items we may find flaws in, or wish it may help us more through our day. This is great, cause you can make money by improving a product. First just find a flaw within a certain product you want to improve. Next, find a soultion to fix what your trying to improve. Finally, get the product desgined and made, and then sell the improved product. Hipefully the product is a big hit and will sell!

Good Luck

Future Trump (Jalen)

Mmmmmmm. . . . .Only the Internet??

2009-05-16T20:52:00.000-07:00

I'm sure your wondering. . . . .what if I don't want to build a blog. Their are all sorts of things teen's and college student's can do for income. In fact, I do four things to making money, like

-eBay Seller

-Stock Investor

-Pooper Scooper Service

-Future Trump Blog

You too can do this too!

-Go around your neighborhood, and pass out flyer's for a service. I did Pooper Scooper, you can do Babysitting, Pet sitting (etc.) I even made a free website.

-Get some cash, and start investing in a wise stock. Educate your self with the stock market.

-Have old things you don't want. . . . sell them on eBay.

Their so many things you can do for money! So get out and try it

Thanks

Jalen

On Your Path to Wealth! Creating an Online Business

2009-04-28T16:22:00.000-07:00

It's hard isn't it! Trying to create an online business. Their are so many different ways to create wealth, over building a website. This is the main reason I created "Future Trump's Blog". I want to educate you, so you can create an online money generator. I'll give you a list. . . .

Step 1. Think of ideas for a site/blog! Make sure that you are passionate about what you pick!

-Remember Pick your customers before you start to sell a product/ad.

Step 2. Next, create a Blogger, or Word Press account. (in my opinion Blogger is easier)

(At this step you must know what the blog is going to do and be about, and have a name ready)

Step 3. Then, create the blog. Do this by adding cool gadgets, informing your customer (blog about what your trying to inform your customers about), and add ads. Look for affiliate programs that will interest your customer (something your sites about, and something your customers will like). Also add Google Adsense!

Step 4. Promote/Market the site. Get people looking at it!

Step 5. Comment or Subscribe to my site with any questions!

Listen in, for more news and information!

Thanks,

Jalen

Whats Up! Welcome to Future Trump's Blog

2009-04-27T15:06:00.000-07:00

Hey! My name is Jalen, I'm a fourteen year old boy who lives in San Diego,CA. I'm really passionate about business and marketing. Although these are not my only interests, I want to share my knowledge with you!

When you first see the site, you probably wonder what "Future Trump" means? Well I named it that because I really like Donald Trump. Though he has his own way of doing things, he is smart, wealthy, and must be doing something right. I will help you by educating you on ways to make money as a teen/college student.

Listen in, for much more news and information!

Thanks,

Jalen

Enjoy The Site!