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Product Highlight
Whether you have never used
an HP10BII calculator before, if you use a different
calculator OR if you have
never used ANY calculator
before,
Calculator Secrets will
walk you through the process
of calculating the term,
payment amount, remaining
balance, balloon amount,
interest rate, yield and
much, much more. You will
work through Beginning,
Intermediate and finally
Advanced calculations by
following a simple step by
step process and each new
thing you learn will be
followed by actual
worksheets of real life
transactions for you to
practice on (and we may have
the answers for you also).
By the time you are finished
with this book you will be a
calculator wizard!
Click for more info and to order
TODAY! When you order in
December
you will also receive the Extra E-book Supplement for FREE ($19.97 value)!
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Tip of the Week
Did you know....
The easiest negotiation you will
ever do is one where you give a
purchase option to someone who
has already sold you a note.
Upcoming Events
November 22, 2014
New
York, NY
Secrets of Paper
Renatus
TBA 2014
Los
Angeles, CA
Secrets of Paper
Ask Jeff to
come and
speak or
teach
to your group
or
at your
event!
Watch for Exclusive
Fred Pryor
CareerTrack
seminars
facilitated by Jeff,
details coming soon!
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Quote
of the Week
“Most
folks are as happy as they make up their
minds to be.”
― Abraham Lincoln
 President's
Corner
I've said it hundreds of times
if not more, the Note Business
is simple but not easy -
Hard work is required: “Genius
is one per cent inspiration,
ninety-nine per cent
perspiration” - Thomas Edison
Late in life, Charles Darwin
made the same point in a letter
to his son: “I have been
speculating last night what
makes a man a discoverer of
undiscovered things, and a most
perplexing problem it is.—Many
men who are very clever,—much
cleverer than the
discoverers—never originate
anything. As far as I can
conjecture, the art consists in
habitually searching for causes
or meaning of everything which
occurs.” Darwin was a relentless
student of nature from 1828
until the few weeks in late 1838
when he suddenly perceived the
mechanism of evolution by
natural selection.
There can be no doubt that
geniuses have worked habitually
and continually. Darwin produced
160 published papers, in
addition to celebrated books and
a vast correspondence. Albert
Einstein had 240 publications,
Sigmund Freud 330, Henri
Poincaré 500 papers and 30
books; Edison was the owner of
1093 patents, lodging an average
of one patent every 2 weeks of
his adult life. In the arts, J S
Bach on average composed 20
pages of finished music per day,
while Pablo Picasso created more
than 20,000 works. Experience is
essential: “Where observation is
concerned, chance favors only
the prepared mind” - Louis
Pasteur
The 10-year rule states that a
person must persevere with
learning and practicing a craft
or discipline for about 10 years
before he or she can make a
breakthrough. The initial
scientific evidence for the rule
came from studies in the 1960s
and 1970s of chess-players, who
take 10 years and more to become
masters of the game. Then it was
found to apply to Olympic
swimmers and concert pianists.
Hardly any genius in history—not
even Leonardo da Vinci—seems to
have short-cut the long and
gradual path to creative
breakthroughs.
In no way am I saying that it
will take you 10 years to be
successful in the note business.
I just wanted to give you a
little perspective. If one
thing doesn't work try another.
With hard work, persistence and
perseverance you will be
successful in the note business.
Remember,
Success
Demands Action! Keep on
marketing, it’s going to work!
TWITA! |
 
Would You Like to See Your Ad
HERE?
Email Us!
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Feature Article
Are You Doing Any Deals?
I
received a call from a fellow
broker the other day. He called
to see how business was and
asked, "are you doing any
deals"? I said that my business
was fine and that in the last
few months business has actually
picked up for me. He proceeded
to tell me that his business has
slowed way down and that he
didn’t know what happened. He
said that he had been running
his business exactly like he was
when he was getting business 6
to 8 months ago and couldn’t
figure out why it is not still
working...Read
More
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Question of
the Week
Q
- Hi Jeff,
I've been working through your Calculator Secrets book which has explained
everything very well, however, there is one scenario that I"ve been trying to
solve in which I can't seem to find the answer for in your book. The best way to
ask this question is to set up an example, so here it goes...Note Terms:
N=360
I = 8%
PV = $148,000
PMT = $1085.97
FV = 0
Suppose the note holder calls
and says he needs $50,000. How
would you calculate the number
of payments to buy in order to
yield 14% return? I think I've
figured out how to do it, but I
wanted to check with the pro to
be sure that I'm doing it
correctly. Thanks for your help.
~ Chris
Hi Chris!
Great question! Here is what we have:
N=360
I = 8%
PV = $148,000
PMT = $1085.97
FV = 0
To calculate how many payments to purchase to give the seller $50,000 and
receive a 14% yield you change PV to -50,000 (don't forget to make it negative)
you change I/YR to 14 and then solve for (push) N
N = ?
I = 14
PV = -50,000
PMT = 1,085.97
FV = 0
And you should get N = 66.42 round up to 67. So you would buy 67 payments
to get a 14% yield and give the seller $50,000. Hope this helps!
~ Jeff
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So you want to invest in or broker
notes?
Been trying for awhile with limited
or no results?
Check out the most talked about, current and innovative educational tools,
training, mentoring, assistance and support services in the industry! Updated for
2012, click here to start growing your note business today!
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