Intel Barter

Stock market, real-estate, education and skills; Are and all should be a part of your reinvestment plan strategy. Markets are more diverse than ever and require wider array of understanding of things than ever before. This does not mean that you have to become Jack of All Trades, it’s still recommended and important to stick to one thing that works for you best and what you do well. But, if you ever truly think about retiring with how the financial environments have evolved, you may want to properly re-assess positions.

Best way to start is to consider your job security, and there are several ways to do that. Your time of employment + relationship with your working peers and boss + your performance standing at the job, both from your perspective and others. Next would be to evaluate your income, your annual or monthly average income – annual or monthly expense = left over cash flow. Calculate your left over cash flow over the period of a year + saving; take that number and explore what are the investments possibilities with it.

How to research investments possibilities with what you have? First consider the obvious sectors of the market which would apply to you, like real estate, opening a store-front business, etc. First investment to make is in you. If you don’t basically understand the financial markets, get educated. There are numerous sources which can be used to learn from free websites, blogs, and videos. (investopedia.com, finance.yahoo.com/tech-ticker)

One of the most important things is risk assessment, by minimizing risk you can afford a get out of jail card and continue playing. When investing your time and money, you must calculate how much you can afford to devote to your endeavor. Risk can be minimized by learning as much as you can about your target plans, from research and developing your own models, speaking to people and getting opinions.

Don’t over-think; improvement can be as successful as innovation. So you don’t need to reinvent the wheel, take existing products, ideas and services and make the work for you, and if the light-bulb turns on then you will know what to do.

Find your comfort zone by considering your background, skills you have, an ability you have that you may use as a hobby. Or consider something that you always wanted to do.

I always say that the difference between a good idea and a bad idea is which you do or not!