The Wealth Curve » Economic

Top 10 Dying Industries, Don’t Be Caught Dead In One!

Hank Jennings — Tue, 29 Mar 2011 17:30:11 +0000

March 28, 2011, 3:07 PM ET

Top 10 Dying Industries

The U.S. economy is recovering from a severe recession, but some industries are unlikely to ever fully bounce back.

Bloomberg News

Wired telecom carriers are among the industries seen on the decline.

A new analysis by research firm IBIS World looks at 10 industries that appear to be dying. The list isn’t exactly shocking, but it represents a mix of sectors that are being left behind by technology or have been hurt by cheaper overseas competition.

The biggest industry profiled by IBISWorld is wired telecom carriers, largely being supplanted by cellphones and the Internet. The dominance of the Web and digital media also puts Newspaper publishers, record stores and video-rental companies on the list. Meanwhile, photofinishing also takes its place among the top 10 dying industries thanks to the growing influence of digital photography.

Cheap imports are blamed for a decline in mills and apparel manufacturers. Companies that rent formal wear are also counted among dying industries amid both competition from abroad and lower prices making owning your own formal wear a more attractive option than renting.

The only clear recession casualty that makes the list is manufactured home dealers. The housing boom led to a surge in the industry, but now years after the bubble burst the sector has continued to struggle.

The full list is below:

Sector	Revenue 2010 (in millions)	Decline 2000-2010	Forecast Decline 2010-2016	Establish- ments 2010	Decline 2000-2010	Forecast Decline 2010-2016
Wired Telecommunications Carriers	$154,096	-54.9%	-37.1%	23,474	-10.5%	-15.9%
Mills	$54,645	-50.2%	-10.0%	9,553	-23.6%	-12.8%
Newspaper Publishing	$40,726	-35.9%	-18.8%	6,128	-28.6%	-17.6%
Apparel Manufacturing	$12,800	-77.1%	-8.5%	2,265	-60.5%	-11.3%
DVD, Game & Video Rental	$7,839	-35.7%	-19.3%	17,369	-34.8%	-11.2%
Manufactured Home Dealers	$4,538	-73.7%	-62.0%	3,968	-56.7%	-58.7%
Video Postproduction Services	$4,276	-24.9%	-10.7%	1,789	-43.2%	-37.8%
Record Stores	$1,804	-76.3%	-39.7%	2,916	-77.4%	-11.6%
Photofinishing	$1,603	-69.1%	-39.1%	7,083	-59.3%	-33.3%
Formal Wear & Costume Rental	$736	-35.0%	-14.6%	2,310	-28.5%	-17.0%

Learn Why Metro Atlanta is a Fairly Affordable Home Ownership Market… www.househuntatlanta.com

Hank Jennings — Wed, 28 Apr 2010 01:42:42 +0000

Who Do You Know Interested In Buying or Selling Either Residential or Commercial Real Estate!

www.househuntatlanta.com

Atlanta housing relatively affordable
by the Atlanta Business Chronicle

Metro Atlanta is a fairly affordable home ownership market, but it’s also a more pricey rental market, according to a new study from the Center for Housing Policy.

In 2009, Atlanta was the 104th-most expensive home ownership market out of 210 markets studied and had a median home price of $150,000. In 2008, the area was ranked 115th with a median price of $153,000.

The markets with highest median home prices were San Francisco ($625,000); San Jose, Calif. ($465,000); Honolulu ($450,000); Santa Ana, Calif. ($435,000); and Santa Cruz, Calif. ($431,000).

Click here to see the complete CHP study.

As far as the rental market, Atlanta was ranked 78th out of 210 metros with an average monthly rent of $912 for a two-bedroom unit. In 2008, Atlanta ranked 65th with a average rent of $878.

Rents rose in 89 percent of the markets studied, with only 23 metro areas experiencing a rent decrease. The markets with highest monthly rental rates were San Francisco ($1,760); Honolulu ($1,704); Santa Cruz, Calif. ($1,656); Santa Ana, Calif. ($1,594); and Suffolk County-Nassau, N.Y. ($1,592).

“While the green economy holds substantial promise as a source of higher-paying jobs, there are still many housing markets in which green economy workers cannot afford the costs of buying or renting a home,” said John K. McIlwain, senior resident fellow and the J. Ronald Terwilliger chair for housing at the Urban Land Institute, in a release.

The green economy McIlwain refers to is the one where homes and businesses are becoming more energy efficient to help produce clean and sustainable energy, a growing sector in today’s economy.

“We must develop the common sense, cost-effective policy solutions at the state and local levels that will help ensure long-term affordability for green economy workers and others,” McIlwain said. Otherwise, our work force will face longer commutes and higher transportation costs, leading to increased traffic congestions and adverse environmental impacts.”

Please leave a comment, I would love to hear your thoughts!

It is in your moments of decision that your destiny is shaped.

“Profits are better than wages”… Jim Rohn

Hank Jennings

C.E.O., H&H Diversified Solutions LLC.

If interested in International or Domestic business opportunities please contact me @ facebook.com/hank.jennings or call 24 hours a day @ 404-935-0395

Buy Video Phone Now <- Buy One Now, click here!!!!

The Hottest International Blog The WealthCurve

Atlanta’s Hottest Real Estate Site

5Linx Overview

Goldman Sachs Inc. boasting about money the firm was making as the housing market collapsed in 2007.

Hank Jennings — Sat, 24 Apr 2010 16:37:42 +0000

E-mails show Goldman boasting as meltdown unfolds
By DAN STRUMPF,

NEW YORK – E-mails released by a Senate committee investigating the financial crisis show top executives at Goldman Sachs Inc. boasting about money the firm was making as the housing market collapsed in 2007.

The documents suggest that Goldman benefited at least for a time from bets that subprime mortgage-backed securities would lose value. The e-mails appear to contradict previous statements by the investment bank that it lost money on such securities.

“Of course we didn’t dodge the mortgage mess,” CEO Lloyd Blankfein wrote in an e-mail dated Nov. 18, 2007, according to the documents released Saturday morning. “We lost money, then made more than we lost because of shorts.”

Short positions, in contrast to long positions, are bets that a financial security will lose value. Goldman is also the target of a civil fraud lawsuit brought by the Securities and Exchange Commission, which alleges that the firm misled investors about how a subprime mortgage-backed security was created. Goldman has denied the charges.

The e-mails were released by Sen. Carl Levin’s office, who is presiding over an investigation into the financial crisis. Blankfein, along with other Goldman personnel, are scheduled to testify during a Senate hearing into the crisis on Tuesday.

In another e-mail, Goldman Chief Financial Officer David Viniar says that in one day the firm made more than $50 million on bets that the housing market would collapse, according to a statement from Levin’s office.

“Tells you what might be happening to people who don’t have the big short,” Viniar writes in the message dated July 25, 2007. Viniar is also scheduled to testify on Tuesday.

Please leave a comment, I would love to hear your thoughts!

It is in your moments of decision that your destiny is shaped.

“Profits are better than wages”… Jim Rohn

Hank Jennings

C.E.O., H&H Diversified Solutions LLC.

If interested in International or Domestic business opportunities please contact me @ facebook.com/hank.jennings or call 24 hours a day @ 404-935-0395

Buy Video Phone Now <- Buy One Now, click here!!!!

The Hottest International Blog The WealthCurve

Atlanta’s Hottest Real Estate Site

5Linx Overview

How Can You Doubt the Future of (VOIP) Voice Over Internet Protocol? Learn Why Some Will Make Millions In The Next 10 Years… WILL YOU?

Hank Jennings — Wed, 17 Mar 2010 05:21:05 +0000

A very good friend made me aware of this article and I have to share this information with the readers of my blog. Enjoy!!!

VOIP IS NO LONGER ON TRIAL……

THE JURY HAS SPOKEN AND THE VERDICT IS A GLOBAL MULTI-TRILLION DOLLAR INDUSTRY.

If you believe in Timing and Positioning, you better get in position because the time is never going to be better than now!

The Best and Worst Industries of the Next Decade

A new analysis predicts which industries will experience the best and worst revenue growth over the next ten years.

By Josh Spiro | Jan 26, 2010

Entrepreneurs have enough to worry about with managing their companies’ daily operations, but what if in the next decade, your entire industry is, as the British say, made redundant? A new report by the market research analysis firm IBISWorld, projects a long-term look at which 10 industries will be the strongest and the weakest.

Voice over internet protocol providers top IBIS’ best industries list followed closely by retirement / pension plans, and biotechnology. The top fields fading from the spotlight are wired telecommunications carriers, tank and armored vehicle manufacturing, and small household appliance manufacturing. In total, the company tracks over 700 industries.

While analysts can gather data on a company or industry’s sensitivities such as whom they buy from and whom they sell to, some threats to your livelihood are beyond even the strongest predictive powers. “Over long periods of time, the competitor that might be the most difficult is the one that creeps up from a completely different industry or possibly even a completely different country as we’ve seen with foreign trade and outsourcing,” says George Van Horn, a senior analyst at IBISWorld. For example, VoIP went from a non-existent field at the start of the past decade to holding the prime slot looking towards the future.

On the plus side, while there is no such thing as a perfect crystal ball, Van Horn asserts that the size of an entrepreneur’s current or future business should be no impediment to capitalizing on these trends. He says if an entrepreneur is flush with ideas but not with capital, “one of the things that they might consider is looking at where all the capital flows are going in these new technologies and then find a way to provide services to that growing industry,” Van Horn counsels.

However, the glut of opportunity doesn’t necessarily mean it’s time to make a switch into a new and unfamiliar industry. “There are a lot of reasons to make [career and industry] switches these days and it really should encompass a little bit of” both your fiscal and personal situation, says Stacey Mayo, an independent career and small business coach.

She advises those venturesome enough to explore unfamiliar territory to shadow, interview or apprentice themselves to a number of experts in their new field to get a diversity of opinion on the state of the industry. A common problem is that entrepreneurs drag their feet about completing the jump. Mayo says, “People make the mistake of waiting until they feel they know everything and have it all perfectly lined up and that’s not possible.”

Best Performing Industries In The Coming Decade (2010-2019)

Rank    Best Performing                                            Growth
1         Voice Over Internet Protocol Providers (VoIP)    149.6%
2         Retirement & Pension Plans                            133.7%
3         Biotechnology                                                127.6%
4         eCommerce & Online Auctions                         124.7%
5         Environmental Consulting                               120.3%
6         Video Games                                                112.9%
7         Trusts & Estates                                            105.7%
8         Search Engines                                              100.9%
9         Recycling Facilities                                           80.9%
10       Land Development                                           72.7%

Worst Performing Industries In The Coming Decade (2010-2019)

Rank   Worst Performing                                                             Growth
1         Wired Telecommunications Carriers                                    -52.0%
2         Tank & Armored Vehicle Manufacturing                               -51.9%
3         Vacuum, Fan & Small Household Appliance Manufacturing    -34.4%
4         DVD, Game & Video Rental                                                -32.8%
5         Photofinishing                                                                   -31.5%
6         Lighting & Bulb Manufacturing                                           -26.8%
7         Telecommunications Resellers                                            -26.4%
8         Laminated Plastics Manufacturing                                      -25.3%
9         Synthetic Fiber Manufacturing                                            -24.6%
10       Wire & Spring Manufacturing                                              -24.5%

Please leave a comment, I would love to hear your thoughts!

It is in your moments of decision that your destiny is shaped.

“Profits are better than wages”… Jim Rohn

Hank Jennings

C.E.O., H&H Diversified Solutions LLC.

If interested in international or domestic business opportunities please contact me @ facebook.com/hank.jennings or call 24 hours a day @ 404-935-0395

Buy Video Phone Now <- Buy One Now, click here!!!!

The Hottest International Blog The WealthCurve

Atlanta’s Hottest Real Estate Site

5Linx Overview

Learn how to benefit from this “The Business Case for a National Broadband Policy” is HERE… Learn how to benefit from this NOW

Hank Jennings — Wed, 17 Mar 2010 04:10:49 +0000

This is going to create Thousands of Millionaires in America, will you be one? No more time for sleeping….

The information in this article is huge! Let me show you how your family can benefit with this information PART-TIME. If you are a visionary and TRULY understand what this means to those involved in the Telecommunications industry, you will be knocking down my door to find out how to profit from this —> contact me @ facebook.com/hank.jennings

This is going to make Carlos Slim aka (The richest man in the world) money for someone why not YOU!

By Michael V. Copeland, Senior Writer

March 16, 2010

That thump you heard in the middle of the night, was the 376-page National Broadband Plan finally being dropped (you can get your very own copy or just scan through the executive summary here).

Not pulling any political punches, broadband is compared to electricity in the conclusion to the report crafted by Federal Communications Chairman Julius Genachowski and his team. It reads:

In 1938, President Roosevelt traveled to Gordon Military College in Barnesville, Georgia, to speak at the dedication of a local utility. “Electricity is a modern necessity of life, not a luxury,” the President told the audience, “That necessity ought to be found in every village, in every home and on every farm in every part of the wide United States.”

He added, “Six years ago, in 1932, there was such talk about the more widespread and the cheaper use of electricity.” But words did not matter until the country, “reduced that talk to practical results.” Broadband, too, is a modern necessity of life, not a luxury. It ought to be found in every village, in every home and on every farm in every part of the United States.

It’s a showy finale to a document that is likely to be pulled apart and put back together by Congress. But it’s also correct.

For those of us who have gotten used to broadband, the comparison to electricity is apt. No matter how pokey the speeds here in the United States (most broadband connections via cable and DSL are in the range 3 to 4 megabits per second) once broadband is part of your life it’s unthinkable to do without it.

Yet, primarily because of cost, according to studies, 35% of U.S. households are without a broadband connection. In the plan, which was mandated as part of the federal stimulus plan, the FCC seeks to bring 100-megabit-per-second access to 100 million homes by 2020, and even faster connections to libraries and schools.

While being able to stream Netflix movies faster is an appealing idea, it’s the future of work that is the reason why increasing broadband speed and adoption are necessary. At last summer’s Brainstorm Tech conference, one of the big themes that was discussed by the CIOs and CTOs of some of the nation’s largest companies was the changing nature of work and our relationships to organizations. Xerox (XRX) CTO Sophie Vandebroek believes that in the future most of us will be attached to companies as contractors, working where we please. Maynard Webb, CEO of LiveOps, is building a business on that premise, running virtual call centers with thousands of contractors working when and where they please.

Broadband is vital to that kind of economy, and the kind of desirable work that increasingly involves moving bits back and forth, rather than physical goods. It’s going to be hard to get to the future that the FCC envisions. Those that own the spectrum required to boost speeds, should be compensated for it. Opening up the pipes of carriers so that competitors can offer broadband service will be a tough sell but probably necessary.

The biggest technology trends, including cloud computing and mobile Internet, already assume broadband connections. Other parts of the world are far ahead of the U.S. in broadband adoption and speed, especially in Asia, which happens to have the most dynamic economies in the world. Coincidence? Hardly. The U.S is playing catch-up in this tech arena. Today started the clock ticking on crafting a solution to our broadband woes. Let’s hope it doesn’t take too long to get resolved. Our jobs increasingly depend on it.

Economic opportunity. Broadband can expand access to jobs and training, support entrepreneurship and small business growth and strengthen community development efforts. The plan includes recommendations to:
- Support broadband choice and small businesses’ use of broadband services and applications to drive job creation, growth and productivity gains.
- Expand opportunities for job training and placement through an online platform.
- Integrate broadband assessment and planning into economic development efforts.

Please leave a comment, I would love to hear your thoughts!

It is in your moments of decision that your destiny is shaped.

Hank Jennings

C.E.O., H&H Diversified Solutions LLC.

Buy Video Phone Now <- Buy One Now, click here!!!!

The Hottest International Blog The WealthCurve

Atlanta’s Hottest Real Estate Site

5Linx Overview

If You Like Skype You Will LOVE This Technology

Hank Jennings — Sun, 07 Mar 2010 14:22:34 +0000

How to Benefit and Profit from the Timing of Emerging Video Phone Technology (VOIP) Voice-Over-Internet-Protocol…

I am sure you are aware that you can send an email across the internet anywhere in the world for little or no charge. Well you can now send and receive Video Phone calls across the internet the exact same way!!!

Is this going to be the biggest shift since the Industrial Revolution? This first video details out social media facts and figures that are hard to ignore about other technologies that have already made significant incomes for those involved at that time. The second video shows you the next wealth trend that will be mainstream in just a few years. Do you have the time to listen?

Are you satisfied to continue sitting on the sidelines as a consumer?

What I am about to show you happened without your involvement? But you did participate…. remember.

Here is the number of years it took for each technology to reach 50 Million users…..

Radio … 38 years….. 50 Million users
TV … 13 years….. 50 Million users
Internet … 4 years ….. Million users
IPOD… 3 years ….. 50 million users
Facebook … 100 million users in 9 months
IPOD application downloads hit 1 Billion in 9 months
Video Phone (VOIP) …..50 Million users … ? Years

Voice-over-Internet-Protocol (VOIP) Video phones ….. How long before this technology reaches 50 Million users? Did you make any profit on the other technologies or are you happy to just remain a consumer? The choice is yours, call and see your loved ones anywhere in the world.

THIS IS GOING TO HAPPEN WITH OR WITH OUT YOU!

You can still profit on this technological trend from anywhere in the world, Contact Hank Jennings @ 678-778-6049 for more information.

You be the judge!

Please leave a comment, I would love to hear your thoughts!

It is in your moments of decision that your destiny is shaped.

“Profits are better than wages”… Jim Rohn

Hank Jennings

C.E.O., H&H Diversified Solutions LLC.

If interested in International or Domestic business opportunities please contact me @ facebook.com/hank.jennings or call 24 hours a day @ 404-935-0395

Buy Video Phone Now <- Buy One Now, click here!!!!

The Hottest International Blog The WealthCurve

Atlanta’s Hottest Real Estate Site

5Linx Overview

Learn How You Can Get Paid On 115 Million American Households this Year and Every Year on Services Like Phone, Satellite TV and Internet…

Hank Jennings — Thu, 11 Feb 2010 02:42:28 +0000

The Average American Household is expected to spend nearly $1,000 this year on services like Phone, Cable and Internet and video games.Â Trust me you CAN get paid on this trend!

This is a very interesting article on an unstoppable phenomenon happening in the United States. According to the US Census Bureau there are expected to be 115 Million households in the USA by the end of 2010.Â 115 Million households multiplied by $1,000 a year expense tells me that this is a ONE HUNDRED FIFTEEN TRILLION DOLLAR PER YEAR INDUSTRY that is growing every year.

Please let me show you how to create an income stream on this bounteous, overflowing plate full ofÂ RE$IDUAL INCOME from selling the services that American’s will be spending 115 Trillion on this year . —> click here for more information, then call Hank Jennings @ 678-778-6049.

Enjoy the attached article below then call me to take advantage of this opportunity and potentially change your lifestyle.

As Data Flows In, the Dollars Flow Out

By JENNA WORTHAM

John Anderson and Sharon Rapoport estimate they spend $400 a month, or close to $5,000 a year, keeping their family of four entertained at home.

There are the $30-a-month data plans on their BlackBerry Tour cellphones. The Roanoke, Va., coupleâ€™s teenage sons, Seth and Isaac, each have $50 subscriptions for Xbox Live and send thousands of texts each month on their cellphones, requiring their own data plans.

DirecTV satellite service, high-speed Internet access and Netflix for movie nights add more.

â€œWe try to be aware of it so it doesnâ€™t get out of control,â€ said Mr. Anderson, who with his wife founded an advertising agency. â€œBut, yeah, I would say weâ€™re pretty wired.â€

It used to be that a basic $25-a-month phone bill was your main telecommunications expense. But by 2004, the average American spent $770.95 annually on services like cable television, Internet connectivity and video games, according to data from the Census Bureau. By 2008, that number rose to $903, outstripping inflation. By the end of this year, it is expected to have grown to $997.07. Add another $1,000 or more for cellphone service and the average family is spending as much on entertainment over devices as they are on dining out or buying gasoline.

And those government figures do not take into account movies, music and television shows bought through iTunes, or the data plans that are increasingly mandatory for more sophisticated smartphones.

For many people, the subscriptions and services for entertainment and communications, which are more often now one and the same, have become indispensable necessities of life, on par with electricity, water and groceries. And for every new device, there seems to be yet another fee. Buyers of the more advanced Apple iPad, to cite the latest example, can buy unlimited data access for $30 a month from AT&T even if they already have a data plan from the carrier.

â€œYou donâ€™t really lump these expenses into a discretionary category,â€ said Robert H. Frank, an economics professor at the Johnson Graduate School of Management at Cornell University. â€œAs the expectation of connectedness increases, itâ€™s what is expected for people to be functional in society.â€

Americans are transforming their homes into entertainment hubs, which is driving up the amount of money they spend, said Lee Rainie, director of the Pew Internet and American Life Project.

â€œMore people are creating experiences in their homes that are very similar to the kinds of public experiences they enjoy in movie theaters and concert halls,â€ he said. â€œOur homes are bristling with technology.â€

Most people think home entertainment is cheaper. â€œEvery time I want to go to Fenway Park or see the Killers in concert, Iâ€™m paying $50 to $100 each time. But once you build and install that home system, its basically pennies per minute of enjoyment,â€ said James McQuivey, an analyst with Forrester Research.

But they do not take into consideration the long-term economic effect â€” both in the maintenance and operational costs â€” of the devices they purchase. â€œA subscription model is the perfect drug,â€ Mr. McQuivey said. â€œPeople see $15 per month as a very low amount of money but it quickly adds up.â€

Kate Goodall, for example, a 32-year-old director of fund-raising for museums, in Alexandria, Va., said the high costs of home cable and other subscriptions began to eat into her budget. â€œWe saw the writing on the wall in terms of the cost,â€ she said. â€œIt was getting ridiculous.â€

She and her husband disconnected their cable and home phone line so they could more easily afford frequent dinners out and swimming, ballet and art lessons for their two small sons. Instead, they catch shows like â€œThe Daily Show With Jon Stewartâ€ free at Hulu.com and rely on their cellphones as their primary phone lines.

Her husband, Mike Hughes, 37, a project manager, has both an Xbox and a Wii game console, but, in an effort to keep their bills down, she would not let him sign up for any gaming subscription services.

Consumers will have to make tough choices like Ms. Goodall and her husband as the next generation of connected devices â€” TVs and various mobile devices â€” that have their own data plan or subscription service come to market. The cable TV companies battle the phone companies by bundling cable, landline phone and Internet services, but most wireless carriers do not yet have any programs to bundle the data plans and offer discounts for myriad mobile devices.

Ms. Goodall says she dreads the day when her sons, 1 and 4, get bitten by the texting craze, as her 12-year-old nephew has.

â€œWeâ€™ll probably have to sign our sons up for cellphones even sooner than weâ€™d like because we donâ€™t have a home phone,â€ she said. â€œIâ€™m not looking forward to dealing with that set of issues.â€

Please leave a comment, I would love to hear your thoughts!

â€œIt is in your moments of decision that your destiny is shapedâ€¦.â€

Hank Jennings

C.E.O., H&H Diversified Solutions LLC.

www.thewealthcurve.com/blog

www.househuntatlanta.com

www.5linx.net/savemoneytoday

Low Prices on most Cell Phones <- Blackberry’s, Droids and many more

Metro Atlanta home value in dollars went up through 11 months of 2009

Hank Jennings — Sun, 13 Dec 2009 14:36:12 +0000

Metro Atlanta home value in dollars went up through 11 months of 2009

www.househuntatlanta.com

If you or someone you know may be interested in selling or purchasing a home, an investment property, a commercial property or buying or selling an existing business; please do not hesitate to contact me Hank Jennings at 678-778-6049, I will be glad to assist you in those matters.

Atlantans, enjoy this breath of encouraging news for those individuals sitting on the fence in relation to selling their homes. However, buyers you could not be purchasing at a better time.

Please check out the hottest Real Estate Website in the Atlanta Metro Area www.househuntatlanta.com

Zillow: Atlanta home values rising

Atlanta Business Chronicle

Metro Atlanta home value in dollars went up through 11 months of 2009, according to data published Wednesday by Zillow Real Estate Market Reports.

Atlanta’s total home value was up by $7.6 billion to a total home value of $322.2 billion through November. Atlanta had the fourth-highest gain of any metro area.

U.S. homes lost $489 billion in home values through November, significantly less than the $3.6 trillion lost during 2008, according to Zillow.

Forty-eight of the 154 markets tracked by Zillow showed gains in home values during 2009, with the Boston metro area showing the largest gain of $23.3 billion. The Providence, R.I., area was second on the list, with a gain of $12.4 billion.

The biggest home value losses, in terms of total dollars lost in 2009, were Los Angeles (down $60.8 billion), Chicago (down $49.6 billion) and New York (down $49 billion). The large overall losses were due to a combination of the high number of homes in these metro areas, along with decreases in median home values.

The stabilization in home values led to easing rates of negative equity in the third quarter of 2009, with 21 percent of all single-family homeowners with mortgages underwater, compared to 23 percent in the second quarter, Zillow said.

“Home values stabilized significantly during the second half of 2009, with the total dollar value of U.S. homes increasing since June,” said Dr. Stan Humphries, Zillow chief economist, in a news release. “Most housing markets across the country had a good summer, spurred largely by the government’s tax credits for homebuyers combined with very low mortgage rates. Unfortunately, we believe that demand will come under downward pressure as mortgage rates creep back up after the first quarter and that housing supply will experience upward pressure as the volume of foreclosures continues to remain high.”

Please leave a comment, I would love to hear your thoughts!

It is in your moments of decision that your destiny is shaped.

Hank Jennings

C.E.O., H&H Diversified Solutions LLC.

www.thewealthcurve.com/blog

www.househuntatlanta.com

www.5linx.net/savemoneytoday

Low Prices on most Cell Phones <- Blackberry’s, Droids and many more

What is Residual Income and Just How do you get it? Part 2

Hank Jennings — Sat, 14 Feb 2009 22:50:53 +0000

What is Residual Income and Just How do you get it? Part 2

Residual income is the smartest income you can earn. There are other ways to earn an income most people earn Linear Income.

Linear Income is related directly to the amount of work or effort you provide to earn it. (Hours for Dollars) or a sales commission on a sales transaction of some type. Linear income is what we are used to doing every morning after driving through traffic. You do “X”, and then a few weeks later they give you “Y”. In this case “Y” is a paycheck; but it could represent a fee, wage, commission or salary.

Residual income sometimes referred to as passive income; is income that continues to be generated after the initial effort has been expended. A great advantage of residual income is that once things are set in motion, you continue making money from your initial efforts, while gaining time to devote to other things… such as generating more streams of residual income! See why residual income is good.

There are lots of ways to earn residual income but one way that I have found is through Voice Over Internet Protocol (VOIP)

David Bach, Donald Trump and Rich Dad himself have gone on record saying in this economy get involved in Network Marketing also known as Direct Sales or Multi-Level Marketing (MLM) and learn how to start a business while earning residual income.

It is an inexpensive way to own your own business (usually $500.00 or less).
You can write off your investment and since this is a home based business you can also claim a portion of your mortgage or rent, utilities, the miles you drive and even half of what you pay when you eat out, it is usually less than free, all things considered. Your just lending yourself money until tax time. Make sure you hire a CPA so your taxes are correct.Â Luckily my spouse is a CPA.

Please leave a comment, I would love to hear your thoughts!

“It is not enough to have a good mind; the main thing is to use it well….”

Hank Jennings

Here are some related Links you may be interested in reading as well: —> How to build residual income while funding an Emergency Financial Fund in 4 steps?.

Perfect your Financial Portfolio in Today’s Economy with MLM Residual Income.

What is Residual Income and Just How do you get it? Part 1.

What is Residual Income and Just How do you get it? Part 2.

What is Residual Income and Just How do you get it? Part 2 (the video).

www.thewealthcurve.com/blog

President Abraham Lincoln’s Options for Success had No Room for Failure.

Hank Jennings — Thu, 12 Feb 2009 21:36:41 +0000

President Abraham Lincoln’s Options for Success had No Room for Failure.

In 1816 his family was forced out of their home.
In 1818 his mother died when he was 9 years old.
In 1832 he lost his job and was defeated for state legislature.
In 1833 he failed in business.
In 1835 his sweetheart died.
In 1836 he had a nervous breakdown.
In 1838 he was defeated for speaker of the house.
In 1843 he was defeated for nomination for Congress. (he was elected in 1846)
In 1848 He lost renomination ot Congress.
In 1849 he was rejected for land officer position.
In 1854 he was defeated for U.S. Senate.
In 1856 he lost the Vice Presidential nomination.
In 1858 he was defeated again for U.S. Senate.
In 1860 he was elected President of the United States of America.

We all can learn from such perseverance and determination.

Don’t Quit, Don’t Quit. Don’t Quit….

I want to share a poem that most members of fraternal organization know by heart but I believe it is power; a power exemplified by the former President.

Invictus

Out of the night that covers me,
Black as the Pit from pole to pole,
I thank whatever gods may be
For my unconquerable soul.

In the fell clutch of circumstance
I have not winced nor cried aloud.
Under the bludgeonings of chance
My head is bloody, but unbowed.

Beyond this place of wrath and tears
Looms but the horror of the shade,
And yet the menace of the years
Finds, and shall find me, unafraid.

It matters not how strait the gate,
How charged with punishments the scroll,
I am the master of my fate;
I am the captain of my soul.

Mr. President today you would have been 200 years old; Happy Birthday Mr. President.

Please leave a comment, I would love to hear your thoughts!

“It is in your moments of decision that your destiny is shaped….”

Hank Jennings

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Believe in yourself, take action and you will succeed in MLM.

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