The starting point of all riches is the development of a prosperity consciousness. You must become a financial success in your thinking long before you achieve it in your reality. Both poverty and riches are the result of a state of mind, and the most important single step you ever take on the road to […]
In Robert Kiyosaki’s “Guide to Investing” he requests readers write a plan to be each of the following:
To be poor (to me means the “default” be a worker and consumer plan, followed by the pension)
To be secure (to me means the good job, reasonable super and some the low-risk consumer investments plans a financial advisor […]
I don’t know how it is where you live, but over here the house prices are incredibly high. Today it was on the news: “It’s especially hard for people who are buying their first house.” I know my mother bought a house about 13 years ago. Right now, 2 of her neighbours have sold a […]
I’ve used the term Financial Hygiene a few times in the past. I consider someones “Financial Hygiene” to be the set of habits, attitudes and behaviours that they have towards managing their finances.
It occurs to me that our society is developing sloppier and sloppier financial hygiene.
I was wondering what people think are good behaviours, traits […]
Article by Al Jacobs?
Not long ago I received an inquiry from a visitor to a website on which I’ve functioned as the financial consultant over the past year. The questions, short and to the point, read as follows: “What should I look for in a fund? I recently rolled over a 401(k) into an […]
Article by Michael Levy?
Many years ago, forty to be exact, I started my own business at the tender age of nineteen. The street markets in and around Manchester England was my happy hunting ground. Every day was an adventure and despite the weather and difficulties of getting a stall on the street market, life […]
In? any order - money, time (or timing), and information.
Money
It doesn’t have to be cash, it could be equity, a cash-bond, a loan. It may have been saved over many years, or it may be a windfall, a gift, an inheritance. Perhaps you are borrowing 100% (or more)? Or not borrowing at at all. Perhaps […]
Investing is one of the most effective ways to significantly increase your assets, ensure your financial security, and achieve your personal financial goals.
Regardless of how much money you choose to invest, first you need to develop a long-term investment plan based on critical factors including: your age and stage of life, personal priorities, and risk […]
Post by Darren Rowse
I’ve done a bit of an update on this post so am putting it back on the front page as there are quite a few first time readers on the blog today as a result of the Australian Blog Awards (welcome if that’s you).
I’ve been reflecting this week about the amazing diversity […]
The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. Retail traders (small […]