Once upon a time, there was a young hare, a hotshot rabbit investor who would always brag to anyone that would listen and that he was the smartest, fastest, best performing investor in the world. He would constantly tease the old tortoise about his slow, solid investment style.Then, one day, the annoyed tortoise answered back: "There is no denying that you are very aggressive in your investment strategy. You take very high risks and get high...more
The 10 dumbest things investors say to advisors.1} When my investment gets back up to what I paid, get me out.This is surely a big mistake. That stock has absolutely no idea that you're waiting for it to go up so that you can sell.2}The stock is selling at $3.00 a share. How much can I lose?$3 multiplied by the number of shares. Oh yeah, don't forget to add in commission.3} I want to buy shares of XYZ Company. Three years ago, they...more
Is your home really an asset? Ask this question in any social setting and you will probably be met with puzzled gazes, because it is obvious to anyone that knows anything about anything that your home is not only an asset but it is your most prized asset. To most people their home is the one thing they know they can't go wrong on, they have put their money into bricks and mortar and there is no way they will not see a healthy profit. The question, what is my property worth? Is normally met by eager anticipation from those who believe they have accrued a significant amount of equity.For a long time, nobody has questioned the validity of the statement that their home is an asset. Perhaps we as homeowners have been too quick to accept this statement without truly understanding what an asset is. To fully understand what an asset is in relation to property it may help to understand that an asset, in property terms, is often linked to what is known as good debt, once we understand what good debt is and its relationship with assets it will help us to have a better understanding of what true assets really are.So, what is good debt?Good debt is debt that you have incurred by...more
Trust is an essential part in managing people and building a high-performance organisation. It's the foundation upon which all relationships are built. As in any relationship, trust is central to stable and productive workplace relations and successful team building initiatives. High trust environments correlate positively with high degree of ...more
You are deep in a tunnel. It is so dark and no place to go. You are trying to escape but your brain fools you. So you got stuck. So what does it has to do with finding dream jobs? Do you know why did people start to look for their dream job? Well a survey conducted by Harris Interactive (http://www.harrisinteractive.com) announced by...more
In today's climate of change any one can find them selves short on cash and as a result miss a few payments. This can result in a foreclosure process being initiated by the lender. If you ever find yourself in such a situation you should contact your lender as soon as possible. Banks and other lenders never like to miss payments but would rather know in advance. They also will probably want to know why you're having a problem and how you are planning to deal with the situation. They may even have useful suggestions. A Loss Mitigation Department might be able to help.Some times a loan or a second mortgage is an appropriate solution, although under some conditions that might just make things worse. You also might want to consider selling your house before the bank does. That would be a pre-foreclosure sale and although you still have to pay back the loan you will probably be in a better position to do that. Another possibility to consider is what's called deed in lieu of foreclosure in this scenario you still owe the rest of your loan, but you will avoid foreclosure and save your credit rating.Bankruptcy is sometimes used to delay a foreclosure this is not always a...more
Identity theft is one of the most common crimes in the world today. Unfortunately, identity theft can be devastating to some victims, leaving many with very low credit scores. This can affect their ability to buy a home or a car in the future, along...more
The best Stock Market advice you will ever read is to learn from mistakes when someone else has made them. So, this stock market advice list I made a list of some of the most common trading mistakes that are made. Even I've made some of these....more
Even traders want to be trendy when they buy stocks. Many traders make trades because of public opinion, not because the trade itself makes sense. When a particular stock seems popular, they rush in so they don`t feel they`ve missed an opportunity....more
As Work at Home Moms, we talk about our "Why" as a positive thing. Our "Why" is our purpose, our reason, our muse. We refer to our 'Why' when we need inspiration or motivation to reach outside our comfort zone, to try a little harder, to...more
If you have not yet established a credit record for yourself or you are in the process of rebuilding your credit, getting a credit card can greatly help you. The fact is, credit cards are one of the best ways to build a credit history and increase...more
By documenting your business you communicate to your peopleexactly how your business operates and what work needs to becompleted by Employees filling the Positions in yourbusiness.It is vitally important to have your business documented ifyou are...more