Showing posts with label Financial Education. Show all posts
Showing posts with label Financial Education. Show all posts

Tuesday, 26 December 2023

A day in the Life ... Back Again

It has been more than a few years since I wrote on this blog site mainly due to a change in direction with the focus going mainly to creating and delivering live training sessions.

2023, has been a tough year with the loss of eyesight, partially remedied by surgery and catching the dreaded covid, that left me with long-term covid and lots of associated ailments.

As a result, I've moved away from live coaching to more online coaching and offering online courses.  This has meant building more websites and getting back into content creation.

For that reason, I'm reviving the blog - A day in the life .... This is a daily update of what I'm doing to pivot my online business along with investment strategies.

Here is an update to what I've been working on over the past couple of months and from today the daily updates will be back.


The Formula for Wealth



I'm really excited to be launching this event with some incredible speakers, many of whom are clients.
  
The formula for wealth is simple - start an online business and invest the profits into property, digital assets and commodities.

This event brings together people from all disciplines who will be sharing their knowledge and expertise in their niche.  The event is free but registration is essential. You can book your place at https://theformulaforwealth.co.uk 


The Online Entrepreneur




The Online Entrepreneur started life as a newsletter that is sent out each Saturday morning with a tip and action to help readers grow their online business.  This was so successful that it has evolved into a website The Online Entrepreneur.  

This is a resource of information about building online businesses that are SEO content-based with tips and tricks for building a successful online business selling your courses or affiliate products.

I started the website as a project when doing training with clients at the beginning of October 2023.  

It was designed to teach clients what is needed to get an online business up and running.  

Back in 2003, I started life as an online entrepreneur and moved away from it.  I love the experience of getting back into writing and building online sites again.


It's Not As Difficult as it Seems

For many people the thought of building online businesses and investing the profits in property, digital assets and commodities is frightening. They believe it is outside their ability, skills and knowledge.  But mainly, they believe it takes a lot of time and energy to do so.

A day in the life .. is here to show you that just some small actions taken every day will help you to grow your wealth, income and lifestyle.

Join me on the journey..

Wednesday, 1 February 2012

Be Prepared......

As an investor January 2012 has proved to be an interesting start to the year.

Gold closed in December at $1563.15. Everywhere I was reading the gold bubble was over and we were in a bear market. January saw gold close at $1733. Now at the start of February gold is at $1748, definitely going up not down as many predicted. If you followed my suggestions and bought some gold you would be sat on a nice little profit. I don't believe the rally is over yet so there may still be plenty of opportunity to increase your commodities (Gold, Silver and Copper).

Interest Rates - The Feds chairman, Ben Bernanke said US interest rates were likely to stay at zero for a long time. Many analysts have interpreted this to mean rates won't rise until 2014 at the earliest. He also hinted at QE3. In the UK the Bank of England (BoE) kept interest rates at the record low of 0.50%

In the UK the Office for National Statistics confirmed what we have all known for many months. The economy is shrinking and we are on our way to a double dip recession. BoE minutes show members are already thinking of new QE measures to try and reduce the impact. Although, in my opinion QE has done stuff all so far except cause inflation and line the pockets of bankers. Isn’t it time for Governor Mervyn King and his merry men and women to try and find another way of trying to boost the economy?

Retail - we have lost several well known brands from the high street. RBS much to the amazement of Barclays bank and other supporters pulled the plug on Peacocks, a profitable business and forced them into administration with the loss of thousands of jobs. A buyer was found for the Bon Marche division but that has resulted in 160 stores being closed and hundreds of jobs lost. La Senza, Blacks Leisure and Millets are some of the other casualties of the new year. With UK businesses closing at a rate of 1100+ a week will there be anywhere left to shop in the near future?

Europe - Greece is again in the headlines as it asks for more debt to be written off and cheaper loans in the hope that by 2020 it will be able to reduce its debt to 120% of GDP. The annual meeting of the wealthiest business leaders and politicians at Davos, Switzerland brought to light one thing, there are no decisions being taken on Greece or other countries. Their attitude is to sit back and wait and see. Hoping Greece will leave the Euro. The attention on Greece has given other European countries a bit of breathing space to work on their debt problems out of the public eye.

9 European countries had their credit ratings downgraded which will mean more expensive borrowing in the future when they try to raise more funding.

France introduced a financial tax ‘as a shock move’ says Sarkozy in an attempt to force other EU countries to do the same. A move Britain is frantically fighting as it would mean around £45bn loss of income to the Chancellor who needs every penny he can get his hands on at the moment to try and balance the finances.

Balance – Austerity measures is the catch phrase of the decade. But austerity measures do nothing to increase sales, productivity, exports and confidence all necessary to have a growing economy. As we head towards a worldwide depression we are looking for a bold leader to come forward and kick some sense into our fumbling politicians.

You First -More than ever it is now imperative for people to stop relying on bankrupt governments to fund them. If you are lucky enough to still have a job start putting your financial plan in place by reducing any debt you have and start increasing your investments. If you don't have a job, create one. Turn a hobby into a business, start a network marketing business, just don't rely on the government to look after you. It can’t as it doesn’t have any money. The best person to look after you and your family is you. So it’s time to start putting you first.

In my book 'Surviving 2012' I discuss how to reduce debt, build assets and create cashflow. All the skills you will need to get through what is going to be another very turbulent year. In bad times there are many opportunities waiting to be seized and despite all the doom and gloom 2012 has many opportunities available for those willing to grab them.

In January, I started mentoring some new students. These are students who can see unlimited potential for their future. These same students have increased their cashflow and net worth within the first couple of weeks of starting the program. If you want more information on my program contact me on info@karennewton.co.uk . Don’t let another month pass you by.

Friday, 25 November 2011

The Panic is Starting...

The panic is starting .......No, I'm not talking about doing your online Christmas shopping. Although if you haven't yet started it probably is time to start panicking.  What I'm referring to is the imminent problems in Europe and a worldwide depression.

Every day in the news we hear more countries in Europe are facing financial difficulties. How many people have forgotten about Greece which has been shoved to the background because of the new stories emerging? Their problems haven't suddenly gone away they just aren't newsworthy at the moment.  In a couple of weeks when they are again due to run out of money they'll be thrust back into the limelight again.

The countries currently in the headlines are:

Germany - once thought to be the savious of Europe and the Euro have found themselves out of favour with investors and this week failed to sell their full 6bn euro bonds. They could only sell 3.6bn euros and that was for much higher interest rates than expected. With opportunities to resolve the European turmoil squandered and  rumours circulating that Germany is printing deutchemarks in readiness for the fall of the euro it is no wonder there was a lack of confidence in buying German Bonds.



France - also squandered an opportunity to tackle the european crisis.  Their banks more than any other country have large exposure to sovereign debt.  Any default or break up of the euro would leave them vunerable to collapse. Rating agencies are looking carefully and France and their AAA rating is at risk. So France's attempts to sell French bonds was met with a luke warm market and interest rates were much higher than previous sales.

Other countries - in the headlings this week are Austria, Belgium and Latvia who all have banks in financial difficulties who are likely to need bailouts. Latvia nationalised it's bank but that hasn't helped stop the run on the bank in question

Europe is heading for recession and bar a miracle is probably already in recession and that will impact on Britain and other countries worldwide.

Today the FSA announced that banks need to have emergency plans in place inreadiness for the collapse of the euro. They went on further to say the euro could collapse within weeks.  European banks are frantically trying to sell off assets so they have cash in hand to deal with the crisis.

And what about us as investors? Well, Britain is still a relatively good place to do business.  Opportunities exist if you go looking for them. It is very much going to be every person providing for themselves and not relying on others to do it for them.  Keep building those assets and you will have a better chance of surviving 2012.

Wednesday, 19 October 2011

October Book Review - Surviving 2012

Four years ago in 2007, in unprecedented scenes, Northern Rock had a run on it's branches which saw Northern Rock Bank become nationalised. It was the forerunner to the 2008 Credit Crunch.  Now four years later banks are still in financial difficulty. The almost daily notification of downgrades in credit worthiness of banks comes as no surprise. Countries which printed or borrowed endless money used to bail out their banks are themselves on the brink of bankruptcy.  The implementation of severe austerity measures as countries try and reduce their debt and GDP ratios has only contributed to high inflation, high unemployment and low economic growth. The world is on the brink of a depression unlike anything we have ever seen. Worse than the 1930's Great Depression.  Governments don't know how to solve the problems. They keep fighting with the same old tools that got us into the situation we currently find ourselves in. Instead of improving things it makes them worse. We are facing an enormous disaster and very few people are aware it is coming.

In my fifth book, Surviving 2012, due for release in January 2012, I discuss ways of improving your financial education and preparing for the biggest economic disaster of our lifetime. If you are looking for a know it all answers for everything type of book then this is not for you.  This book has been written as a basic financial book for beginners giving some fundamental information that could can help you survive 2012 and beyond.  The greatest financial disaster of a lifetime is almost upon us. Those with financial education will make it through the coming storm, not unscathed, but in a better position than those not prepared for it. 

As the financial world we know changes forever a great transfer of wealth is beginning and Surviving 2012 can help you share in it.

Surviving 2012 by Karen Newton due for release in January 2012.

Friday, 23 September 2011

September Book Review

Unfair Advantage - The Power of Financial Education by Robert Kiyosaki

If you follow my tweets @newydd105 you will know by now I am a big fan of Robert Kiyosaki. I was introduced by a friend to his books in 1999 and have read every book written since. Unfair Advantage has all I have come to expect from Robert and more.

It covers the traditional information such as building assets; defining what is an asset and liability; gives examples of the investments that Robert has completed and how you can do the same. It also has updated information on the different types of investor which was originally covered in 'Cashflow Quadrant' the second book in Robert's Rich Dad, Poor Dad series.

In my own life I have treated the different investor levels as my personal version of a promotion each time I have moved up from one level to the next. The rewards have been greater investor knowledge, more confidence, better lifestyle and increased cashflow and net worth. The expansion of investor levels in 'Unfair Advantage' has given me more challenges to expand my personal growth and financial understanding over the coming years.

Each book contains historical information which helps put into perspective where we stand economically today.  'Unfair Advantage' looks at the current topic of bank bailouts.  It was fascinating reading about the number of bank bailouts that have taken place since 1971.  Each time the bailouts are bigger and bigger but really only became public knowledge following the credit crunch of 2008.  As I write this we are on the verge of yet more bailouts which could eclipse those of 2008.

In my tweets and blogs I have advised of the coming financial storm.  the storm is brewing and it is a storm so great and powerful it will make the Great Depression of the 1930's seem inconsequential. The aftermath of the storm will affect millions of people.  'Unfair Advantage' is your chance to learn how to get some protection against the disaster about to engulf all our lives.

Unfair Advantage - The Power of Financial Education by Robert Kiyosaki is available in paperback or as a kindle download.  The kindle version is available using the link on the right of this page. If you don't own a kindle, free apps are available for computers, ipads and ipods from Amazon books using the same link.