Posts Tagged ‘way’
Posted in Monetizing
Many investors who manage their own money and their own investments have several tremendous advantages over fund managers. Investors who have bypassed the allure of the fund management industry often come to realize that through diligent research and logic, they can keep up with the returns of the big boys.
My investment business, albeit in the fund management profession, is run along the private investor’s lines. All of the advantages below are practiced by my fund. (more…)
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Posted in Monetizing
It used to be that people shied away from sharing intimate details about their financial lives.
Now, amid the rising popularity of social-networking services such as Facebook and MySpace, a crop of new personal-finance Web sites is letting users post their private personal-finance details and share advice with each other on tracking their spending and making better investment decisions.
Some of the sites, such as Wesabe.com and Geezeo.com, include many of the same features offered by popular software programs such as Intuit Inc.’s Quicken and Microsoft Corp.’s Money, such as the ability to track spending in different categories and from different sources in one place. But they also allow users to get feedback from peers that is tailored to their specific circumstances. Some allow users to rate the quality of other members’ tips or provide feedback on various products or services they’ve used. (more…)
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Posted in Monetizing
Credit was once defined as “Man’s Confidence in Man.” But in fact, the definition of credit today is more like “Man’s Confidence in Himself.” Using credit today means you have confidence in your future ability to pay that debt. Forty years ago, your parents may have paid cash for their homes and their cars, a largely unheard-of event today. If they borrowed money at all, chances are it was from a relative or friend, and not a financial institution. (more…)
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Posted in Financial Tips
It’s important to plan for your financial future beforehand so you have idea of what to expect. Once you get married, most newlyweds’ open a joint checking/saving accounts
Below is a list of 4 easy steps to take when determining your financial future.
Step 1-Determine your net worth
Net worth is the difference between assets and liabilities. Make a list to figure out your net worth, make a list of all the things that you own and assign approximate values to each one. Then make a list of all your debts. Subtract these two numbers and you will have your net worth. (more…)
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