Tag: stock market
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How to Become Financially Independent
“To become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence” -Jim Rohn Notice that the entire concept of Financial Independence is broken into six different categories that I have listed below.
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Budget Busters – Easy Credit
This is one of the deadliest of all the budget busting monsters due to its seductive and persuasive nature. Credit cards has become the scourge of many family’s finances. Most American families have a credit card debt overhang of $5,000 or more. The use of credit cards are not very widespread yet, but it is…
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Put Your Money to Work Immediately
Paying yourself, for most of us simply means stop what we are doing now, and do it the other way round. Save first before you spend. It does not end there. You have to start getting your money to for for you. You have to move your savings out of danger, the danger of your…
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The Cost of Financial Education
education, stock market, return on investment, bull run, market crash, seminars
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Warren Buffett’s Quotes on Investing
I was gathering quotes for my upcoming book and stumbled on lots of lovely quotes on investing by Warren Buffet. One interesting thing about these quotes is that if you really think about it, they are common sense. The sad reality is that when we are trying to invest our money, the quest for high…
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Investment: The Myth of Diversification
“Diversification is only required when investors do not understand what they are doing” – Warren Buffet Diversification is a defensive strategy to minimize your losses in investing by spreading your risk across different sectors. If you lose here, you make up by winning over there, thus minimizing your losses. Experts and brokers advise their clients…