How often should you check your investment portfolio? If you are a day trader, then you may never stop checking your holdings. But what if you are a long-term investor who is putting money away at regular intervals with a timeline of several decades before retirement? Let’s have a look. Your Choice You are free […]
How Understanding the Rule of 72 Works Can Build You Wealth
September 2020 by Leave a Comment
Understanding the rule of 72 can help you figure out if an investment is worth putting your money in. It can also help you build wealth by comparing various investments. What is the rule of 72? Simply, it is a formula that will tell you how long it will take to double your money at […]
Alternative Investments: Still the Road to Riches?
May 2017 by Leave a Comment
Private equity, venture capital, and hedge funds have been the rave lately. I check the WSJ and every day there seems to be a new investor that has made millions. However, does it make sense for the average investor to dabble in these potentially risky, yet also potentially very profitable investments? Some definitions: […]
5 Best Places To Invest Your Money
April 2017 by 2 Comments
So you’ve saved up and have a little cash to invest. You like the idea of seeing that money grow. You’ll be able to afford that brand new Porsche, or that dream trip to Italy. But you didn’t learn finance too well yet, no fear that is where all things finance saves the day! Here […]
Robert Kiyosaki’s CashFlow Quadrant
January 2017 by Leave a Comment
Who is Robert Kiyosaki? (You can read his life advice book and biography here:) However, for starters lets give you a background on just one of his many great books, Rich Dad’s Cashflow Quadrant. Robert Kiyosaki’s cashflow quadrant system can be summarized in segments: 1) Employee – this is self-explanatory, but it represents anyone that works […]
