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Digg it UP - Time is Money and We Are Running Out of Both!
Do you remember the old ads, "When E. F. Hutton speaks..."?Of course, the idea was that E. F. Hutton could offer expert advice on investing, and that it was good to listen to experts before making such an important financial decision such as investing your hard-earned money.Most of us realize the value of listening to, or getting guidance from, an exp
If you find a $20 bill on the side of the road you can run and put this money in your supposedly tax-free retirement account or bu
Know your customer, know your customer, know your customer. Three very important rules of business. But let me ask you this: How well do your customers know YOU?Sam Walton, founder of Wal-Mart, asked himself this important question several decades ago. His answer: employee nametags. So, he rolled out an initiative that required all of his employees to we
Making adjustments for inflation, the dollar will buy less goods and services next year.
But I can invest that dollar today and earn a ROI (Return On Investment) in the form of dividends, interest or capital gains.
The best money advice anyone can ever give you is to firmly establish this time value of money concept in your head.
The key to financial prosperity is realizing the potential value of every dollar that comes into your hands. In fact, I think of cash as a seed – you can either eat it (spend it) or invest it (sow it).
If you find a $20 bill on the side of the road you can run and put this money in your supposedly tax-free retirement account or buy
Single Column Cash BookIt has only one. column on each side for amount In fact, it is written just like cash account in the ledger (being real account what comes in is debited; what goes out is credited). This form of 'cash book has the same ruling as that of a ledger account There is no need of having a cash account in the ledger. The purpo
But I can invest that dollar today and earn a ROI (Return On Investment) in the form of dividends, interest or capital gains.
The best money advice anyone can ever give you is to firmly establish this time value of money concept in your head.
The key to financial prosperity is realizing the potential value of every dollar that comes into your hands. In fact, I think of cash as a seed – you can either eat it (spend it) or invest it (sow it).
If you find a $20 bill on the side of the road you can run and put this money in your supposedly tax-free retirement account or bu
Have you heard of the Who Loves Money ebook yet? It is the latest product in internet marketing that is awaiting launch on 1 May 2007. Kyle and Carson, who are behind this product promise that it is a sea of ideas, techniques, strategies, and things that they do which differentiates them from many other marketers.They are also saying that its purpose is to t
The best money advice anyone can ever give you is to firmly establish this time value of money concept in your head.
The key to financial prosperity is realizing the potential value of every dollar that comes into your hands. In fact, I think of cash as a seed – you can either eat it (spend it) or invest it (sow it).
If you find a $20 bill on the side of the road you can run and put this money in your supposedly tax-free retirement account or bu
What do you know about your clients? What kind of information can you identify about your clients without having to ask them? Knowing more about your clients is a fabulous way to grow your business. Keep reading to find out how.Why is all of this important? Here are four reasons:1. If you know more about your clients (past and current), you will h
If you find a $20 bill on the side of the road you can run and put this money in your supposedly tax-free retirement account or bu
Bullish Flag is occurred when market moves upward followed by a pause or sideways to lower trading for a few price bars/candlesticks, then market continues to move upward. The flag is usually too short in duration to actually have reaction highs and lows, the price action just needs to be contained within two parallel trend lines.Draw bullish trend line on c
If you find a $20 bill on the side of the road you can run and put this money in your supposedly tax-free retirement account or buy dinner. But if you use the time value of money formula, you will discover that you actually spent $140.00
Calculate the real economic cost of not investing that cash or having enough income to invest.
FV = pmt (1+i)n
FV = Future Value
Pmt = Payment
I = Rate of return you expect to earn
N = Number of years
To perform the calculation, we make a few assumptions.
*We assume you are 30 years old (and hence 35 years away from retiring at 65). That means that the $20 can compound for 35 years. We will substitute 35 for “n” in the equation.
*Next, we must establish your expected rate of return
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