How would you like to find an investment that will consistently outperform every other investment you make? There is such an investment, but it’s not anything you’d expect.
In fact, it’s not real estate. It’s not the stock market. It’s not options. It’s not treasuries. And it’s not commodities.
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Tags: Investing
posted on April 12th, 2007
Understanding financial statement can help you a lot in stock investing. It can help you in choosing the right stock. There are three main financial statement: balance sheet, income statement, and statement of cash flow.
Balance sheet shows the financial position of a firm at a particular point of time. Balance sheet shows the firms asset, which are resources used in its operation like cash, office equipment, and building. The balance sheet also shows liabilities (claims of creditor to assets) and stockholders’ equity (claims of owner to assets). The company gets their resources (assets) from borrowing (liabilities) and from their investor (equity). Thus assets = liability + equity.
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Tags: Investing
posted on April 12th, 2007
Switzerland is the world’s largest offshore financial center; larger than London, New York or even Frankfurt.
The Swiss banking sector as a whole has established this dominant position through a long tradition of political, economic and financial stability and some key principles, one of which is Swiss banking secrecy.
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Tags: General Finance
posted on April 9th, 2007
It can be frustrating at times, but our credit score determines a lot in our quality of life. A bad credit score can affect the interest rates on car loans, house loans, student loans, and any other loan of money needed. So, is it possible to fix bad credit?
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Tags: General Finance
posted on April 9th, 2007
Wealth is defined as the value of everyone you own minus any debts. A wealthy person is described as someone who can live comfortably for a least 5 years without working. Not everyone during his or her lifetime may become wealthy but you can become financially empowered. Financially empowered is being in control of your finances, spending your money responsibly, buy needs more often than buying wants, and setting goals for your future.
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Tags: Tips: Finance
posted on April 9th, 2007
Oil stocks are shares of crude oil usually sold on the commodities market. Oil type stocks can also mean shares of stock issued for sale by oil producing companies. The commodity oil shares represent actual quantities of oil. On the other hand, shares of stock sold by oil companies represent a piece of ownership or voting power within those companies. The person owning the most shares of a company’s stock usually has control of that company. Each type of oil stock will be explained in further detail.
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Tags: General Finance
posted on April 4th, 2007
It’s true that you can’t take it with you, but many are becoming more concerned about what happens to what they leave behind. Thanks to some recent changes in estate laws, strategies that were once only doable by the extremely wealthy are now more accessible by those of more modest means. Read on to see if you can take advantage of these estate planning tools and create a living legacy for your family.
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Tags: Tips: Finance
posted on April 4th, 2007
Story Stocks, What are they and should I avoid them?
What is a Story Stock? Well I don’t know if I invited that phrase but my definition of it is simple. A stock that is built around a story. Yes every company has its own story what they do, when they started, their growth etc…
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Tags: Investing
posted on April 4th, 2007
This is where the rubber meets the road. Traction is something we all lack when we are doing our research and ultimate field tests in the quest for our first million. More traction would be great whatever step in the ladder you are at.
We generally focus on helping fledgling millionaires in our work because it is the most rewarding and gives us the greatest bang for our buck. To see an individual go from clueless to savvy in a fortnight is a gratifying experience. When its our resources that helped that transformation, then its very satisfying indeed. So thats the area we focus on here. This is for people who need direction but have small resource capital to manufacture acceptable results.
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Tags: Tips: Finance
posted on April 2nd, 2007
In this article I am going to discuss whether it is possible to earn extra money at home, and give three practical methods which you could follow.
Is it possible to earn extra money at home? I get asked this question all the time by people who just need a bit of extra cash, but don’t want to have to go out in the dark and the cold to a part-time job in the evenings. Making money from home seems to be a panacea for all your money woes and you get to be comfortable at the same time. So is it possible? Well you would have to declare any money you made to the taxman, and some houses have restrictions on them that do not allow you to use the premises as a base of operations for any business activities – but yes it is very possible to earn extra money at home.
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Tags: Tips: Finance
posted on April 2nd, 2007