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Digg it UP - Fundamentals For Financial Success
Ah, the business trip meeting. The stale coffee. The room full of strangers. The overwhelming smell of hotel lotion on your shirt collar. A business trip meeting may seem a lot like a flat mattress, no matter how much you toss and turn, you just can’t get comfortable. Still, business trip meetings aren’t an end all be all to comfort, there is a way to make them feel more like a productive session a
A wealthy businessman I know of uses the following simple rule. Whenever approached to invest
With many of the perks of incorporation, without many of the headaches, it’s no wonder the flexibility of the Limited Liability Company ( LLC ) is gaining popularity with business owners nationwide, and around the globe. But before you take that leap; is it right for your business?Understanding the Limited Liability CorporationThe LLC is a type of hybrid business structure that offers ma
Becoming financially independent is more a matter of common sense and long term discipline than anything else.
The great Cambridge economist and investor John May nard Keynes, placed his funds in no more than two companies at any one time. This simplistic approach was later adopted by Warren Buffet.
Invest Before You Spend
The most basic of all rules is to make sure you allocate funds into your investments first, only then spending what is left over. A good rule of thumb is to invest 30% and live of 70%.
Never Lose Money
The Golden Rule of investing is to never lose money. You must be careful to take advice from and invest with people who have better track records than yours.
A wealthy businessman I know of uses the following simple rule. Whenever approached to invest
Charities are those organizations that provide a unique or set of unique programs within the community that they serve. Often these services are provided to their clients at no charge or are based on a fee in accordance with their level of income. Examples of some of these services provided by charities include the provision of clothing and food to the homeless, delivery of meals to the senior populat
Invest Before You Spend
The most basic of all rules is to make sure you allocate funds into your investments first, only then spending what is left over. A good rule of thumb is to invest 30% and live of 70%.
Never Lose Money
The Golden Rule of investing is to never lose money. You must be careful to take advice from and invest with people who have better track records than yours.
A wealthy businessman I know of uses the following simple rule. Whenever approached to invest
It is getting harder and harder today to do anything without the support of others. The world is more complex and specialized. Finding other people to partner and conspire with not only is often more fun, but the results can be better thought out and more successful. If you are looking for inspiration, now may be the perfect time to think about the benefits of collaboration.FISH IN THE SEA<
Invest Before You Spend
The most basic of all rules is to make sure you allocate funds into your investments first, only then spending what is left over. A good rule of thumb is to invest 30% and live of 70%.
Never Lose Money
The Golden Rule of investing is to never lose money. You must be careful to take advice from and invest with people who have better track records than yours.
A wealthy businessman I know of uses the following simple rule. Whenever approached to invest
All in all, our decision-making equipment is pretty sound. We don’t follow the lead lemming over a cliff. We can’t be fooled into thinking that a 99-cent lure is a meal. We don’t try to catch car fenders with our teeth. Then again, it wasn’t a dog who launched New Coke. So there are a few bugs – little design flaws of the mind – that can have big consequences.People are clinically overoptimisti
Never Lose Money
The Golden Rule of investing is to never lose money. You must be careful to take advice from and invest with people who have better track records than yours.
A wealthy businessman I know of uses the following simple rule. Whenever approached to invest
Remember the poor little bird in P. D. Eastman's much beloved children's book Are You My Mother? The one who hatches from his egg while his mother is out scratching around for food and can't figure out who he is? By the middle of the story, this confused hatchling is in the midst of a full-blown identity crisis, wandering around asking everyone, "Are you my mother?"That's how it is in the bus
A wealthy businessman I know of uses the following simple rule. Whenever approached to invest in shares or property, he simply asks to see the adviser’s tax returns for the last 3 years. If the returns are better than his (and very few are on account of the fact that he never hears from most people again), only then does he strategically invest some of his hard earned funds.
Losing money translates to the direct loss of the time and therefore life that it took to accumulate in the first place. When in doubt, walk away. Remember, don't lose money !
Avoid Instant Gratification
Most people fall victim to what economists call ‘emotional spending’.
They spend all they have and then some by getting into debt over items that keep little
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