Here is a secret to building wealth: before you ever accumulate any substantial sum of money you must gain a wealth consciousness. What is “wealth consciousness”? It is a consciousness of abundance that recognizes that you deserve wealth and financial rewards in life just for being you. It is a fundamental law of the universe that … Continue reading Saving Money and Building Wealth: Wealth Consciousness
Category: Investing and Financial Planning
Welcome to our comprehensive guide on investing money! If you’re looking for advice, tips, and help on how to invest your hard-earned money, you’ve come to the right place. Our goal is to provide you with practical insights and actionable strategies to help you navigate the world of investing and achieve your financial goals. Whether you’re a seasoned investor or just starting out, our pages on investing cover everything from stocks and bonds to mutual funds and real estate, so you can make better informed decisions.
Setting Goals in your Financial Plan
You have probably heard the old adage, “If you don’t know where you are going, you are likely to end up anywhere”. This applies to finances just as much as it does other aspects of life. A destination is a “goal” and without one there is no way of measuring your performance. Therefore having a goal is … Continue reading Setting Goals in your Financial Plan
Investing Basics: Income Streams and Annuities
It is very important to understand an income stream from a conceptual standpoint in the world of financial management. In short an income stream is a regular inflow of money. Another more technical name for this flow of money is an “annuity”. Though there are some technical differences in the income stream you receive from your employer versus … Continue reading Investing Basics: Income Streams and Annuities
Saving Money and Accumulating Wealth: You, Incorporated
Here, we will make an imaginative leap into the realm of ideas. We are going to imagine ourselves not as people but instead as businesses. For those of you familiar with business jargon and characteristics this should be relatively easy. For others it may be more difficult. However, if you take the time to understand the concept you will … Continue reading Saving Money and Accumulating Wealth: You, Incorporated
Avoiding Online Investment Fraud
The Internet is like anything else an investor may choose to use, it’s a tool. There’s really nothing magic about it, it’s just a convenient way to disseminate information, and it can be used well or used poorly. It can be used to publish good information or bad; and it can be used to help … Continue reading Avoiding Online Investment Fraud
Saving Money and Accumulating Wealth: Fundamental Principles of Wealth and Resource Management
An objective of ours is to help you learn how to find financial success. However, there is more to doing that than just crunching numbers and making investments. The main reasons most people do not achieve financial success is because they fail to apply fundamental lessons that apply on a much wider basis than finance alone. This section … Continue reading Saving Money and Accumulating Wealth: Fundamental Principles of Wealth and Resource Management
Company Retirement Plans: 401K and Pension Plans
Just as Social Security is in the process of change, so too are most corporate benefit plans. There was a time when the average “company man” could depend on his or her employer to fund his retirement in an adequate and dependable basis. Unfortunately, this time has passed. The first step toward the change was with the … Continue reading Company Retirement Plans: 401K and Pension Plans
Investment Liquidity: What it is and Why it is Important
Liquidity is a concept that many investors fail to take into account or understand and as a result their financial plans fail to come through in such critical times as retirement or college funding for a dependent. However, the fact is liquidity or a lack thereof causes more financial problems than almost any other aspect of … Continue reading Investment Liquidity: What it is and Why it is Important
An Introduction to Portfolio Management
Most investors leave the more technical aspects of portfolio management to their financial consultants. However, this need not be the case. The average educated person can certainly gain a grasp of the topic sufficient enough to help make his or her own investment decisions. The key to learning is gaining the knowledge and then practice applying it to … Continue reading An Introduction to Portfolio Management
Introduction to Estate Planning: Wish Lists and the Purpose of Money
Everyone needs a wish list in life. A wish list is a list of everything and anything you could possibly want to make your life complete. A wish list is more than just a list of information though; in fact it is the equivalent of a compass point. When you make your wish list it becomes the … Continue reading Introduction to Estate Planning: Wish Lists and the Purpose of Money
Knowing your Situation: A Personal Investment Strategy
“Know thyself” was a phrase placed over the oracle of Delphi in ancient Greece. It is a phrase that is just as relevant and insightful when designing your investment strategy. The more you know then the better you will be able to design a strategy that fits your unique needs. We will be covering certain factors you must … Continue reading Knowing your Situation: A Personal Investment Strategy
Understanding Risk
Risk is a necessary element of life. There is always the chance that something won’t work out for us and this chance is called risk. There is a risk in anything we choose to do in life including our financial life. We are all familiar with what risk is and most of us are used to dealing with … Continue reading Understanding Risk
