Smash, dough, fiddlies, coin, tin, silver, hay, oot, shekels, ice, mazooma, bread, sponduliks, silver—cash has been known by many names over the years. No matter what you call it, cash is the second important concept to think about when you’re investing: cash flow, not just earnings. (more…)
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The best way to know how a portfolio is performing is to calculate the return on a regular basis. While this exercise may seem easy, the math can get tricky. Mistakes are common and sometimes they compound into very large errors. I find there are two common mistakes people make when computing return of investment calculation. Both errors are explained below.
Counting Deposit and Withdrawal as Investment Gains and Losses
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Getting a reputable financial adviser can be hard; in reality, a lot of them are terrible, so you have to be very careful in selecting the most suitable one to work with.
Given that I used to be involved in portfolio management for a leading asset management firm, for a huge asset management company, I am going to give you an insider’s perspective on what you need to look for in access your the fee that you pay your financial adviser. (more…)
The Sky Is Falling!
Everyone is wondering what to do. Everyone is fearful.
Actually that’s not true at all. The unschooled, untrained, unknowing Masses are indeed fearful. They are reading the newspaper headlines each day and getting more and more worried for their jobs, their businesses, their investments, (more…)
Do you want to have financial freedom? Many people do and I’m one of them. Financial freedom is great because you can have the freedom to do whatever you want with your life. You can work whatever job you want at whatever time you want. You can even stop working if you want to. You don’t work because you have to. Instead, you work because you choose to. (more…)