Closing costs for buying a home

Welcome back to Moneytalk for Beginners. Today we are joined by Alex Fung who is a top realtor working for a top re/max brokerage to give us tips, advice and guidance on what is it like being a realtor, tips and advice for potential homebuyers and real estate investor and alot more. If you guys have any questions please feel free to contact Alex Fung from Re/max at alex.fung@darylking.com or call him at 647 968 4129.

This episode we are going to talk about what are options, terms and rules for options, my experience using options and some tips for you guys what to buy for options to hopefully guide you guys through the option buying and selling process. Hope you guys enjoy it and please comment!!

This episode we are going to talk about what is a diversified portfolio and what is a concentrated portfolio. My experience with both types of portfolio, my personal recommendation and more.....

This episode we are going to talk about what are active investment approach, passive investment approach, pros and cons for each and which one makes more senses for you.

This episode we are going to talk about the 4 main types of traders. They are the scalp traders, day traders, swing traders and position traders. Scalp and day traders are more of the higher risk level traders but great for people with small account size who wants to trade, they trade more often and make small profit margin per trade. As for swing traders and position traders, they are the opposite of the first two types of traders; they are for bigger account sizes, lower risk tolerance in a sense, potentially bigger profit margin per trade and we are also going to go over the trading rules and plans that apply to all types of traders.

In this episode we are going to talk about what are investors and what are traders. What type of traders and investors are out there. What are some of the rules and plans you should look into and follow to be successful. I am also going to give you my experience as a trader and as an investor and hopefully it can help you guys out.

This episode we are going to talk about different candlestick shapes ( there are three types of candlesticks: dojis, spinning tops or long shadows and lastly long and short bodies) the location of these candlesticks and patterns can help you determine if the security is bullish, bearish or going sideways and most importantly to answer if the security price going to continue going up or down, going to reverse or sideways and lastly what are candlesticks?

This episode we are going to talk about how to use technical analysis to determine when to buy and when to sell securities like stocks. There are 4 areas we are going to talk about types of charts and its time frames, moving averages, oscillator and other indicators and what are resistances, supports and pivot. I am also going to use a 1 year chart of Tesla to explain the best I could how I read the chart and what do I see from the charts and I hope that it will help you guys for your investment journeys!!!!

This episode we are going to talk about how to use a top down approach in a step to step format to select stocks. Step 1 worldwide economy, step 2 industry specific and step 3 individual companies. When to use qualitative approach and when to use quantitative approach to find stocks and things to look for, industries and types of stocks to look into too. Examples used to explain how does fiscal and monetary policies of your own countries affect the industries and the interested companies or stocks in a positive or negative way and also has does an inflationary or deflationary environment either help or hurt your stocks. If you have any questions please feel free to join my instragram to ask questions!!!

This episode we are going to talk about what are fundamental analysis, what are technical analysis, different ratios people use to identify companies, things chart readers look at and alot more....

This episode we are going to talk about what are mutual funds, what are index funds and Etfs. I am also going to give you guys some etfs recommendations for your portfolio to help you guys strengthen your portfolio. Which one do I prefer; mutual funds, index funds or etfs. In addition, what are the types of mutual funds that are out there and the type of information you should be able to see on a mutual fund fund facts and information too. Hope it will help you guys and ask me any questions on my instragram too!!!

In the episode, we are going to talk about what are growth stocks, what are value stocks, how do you determine the companies you want to buy as either growth or value, what's the characteristics for both of them, are they good for your portfolio?, do you have the stomach for one or both of them, examples for both value and growth companies/stocks and more....

So which one is better stocks or real estate? Let's find out!!! What's the average return last 10 years for stocks and real estates and what are the types for each of them. Stocks types: slow growth, medium growth, fast growth, cyclical, turnaround and asset play and more....

This episode we are going to talk about what are insurances, why get insurances, types of insurances and top rated insurance companies.

This episode i am going to talk about best phone plans like best smartphone plan, data plan, iPhone and Android smartphone plan, pay as you go plan and family plan , my experience getting a plan and when should you get a phone plan.

This episode we are going to talk about what are variable and fixed expenses, ways to reduce fixed expenses for housing, auto, groceries, utilities and phone plans and for variable expenses like eating out and which one is better increase income or reduce expenses??

This week we are going to talk about different types of passive and other income sources like online courses, rental incomes, affiliate marketing, flipping retail products, dividend stocks, REITs, saving accounts and GICs and the pros and cons for each and examples!!!

This week we are going to talk about the following topics; what is income, benefits of higher income, 3 types of active income which are employment income, self employed income and business income and lastly ways to make more money through work in each of these 3 types of active income. If you have any questions please email me at moneytalksforbeginners1@gmail.com. Thank you!!!

For this episode we are going to talk about what is budgeting, reasons and importance of budget and tools for budgeting. If you have questions, comments or concerns please email me at moneytalksforbeginners1@gmail.com