When you are pursuing your career passions, it makes it easier to get past the inevitable bumps in the road.
Friday, May 27, 2016
Wednesday, May 25, 2016
Long-term investors should always strive to find stocks of publicly traded businesses with decent fundamentals trading at low valuations. The cheaper the stock the better the chances of achieving a superior return.
Tuesday, May 24, 2016
Always invest in educating yourself. It doesn’t necessarily mean go to college. It could mean learning a trade skill and reading books to improve your knowledge in areas such as investing, technology or any other fields that you may want to pursue.
Monday, May 23, 2016
Buying shares of companies that pay a dividend is like purchasing an income stream. Investing in companies that regularly boost their dividends is like getting a raise on a consistent basis. Of course, it comes with risks. Those dividends need to be backed by expanding free cash flow and a company shouldn’t pay too much of its free cash flow out in dividends. Personally, I prefer that a company that pays out less than 50% of its annual free cash flow out in dividends.
Tuesday, May 17, 2016
Monday, May 16, 2016
Friday, May 13, 2016
There are three ways to save: 1) Spend less than you earn 2) Make more than you spend 3) The combination of No. 1 and No. 2. Understandably, it’s more difficult for some people to do this than others. However, if you want to accumulate wealth you should strive to do these things.
Thursday, May 12, 2016
Always be prepared for unexpected life events such as a job loss or cut in benefits. Always have enough cash on hand to pay for 1-2 years of life expenses.
Wednesday, May 11, 2016
Tuesday, May 10, 2016
Monday, May 9, 2016
Greed can cause you to make bad investing decisions. Seeing a popular stock go up in value may make you feel like you are missing out on great riches when you may be buying at the top. Make sure you hit the pause button and research a particular investment before taking the plunge.
Friday, May 6, 2016
Wednesday, May 4, 2016
Tuesday, May 3, 2016
Monday, May 2, 2016
Some countries have negative interest rates, which means some savers and bond investors actually pay for the privilege of saving and investing. This could potentially happen in the United States if global trends hold up. What kind of perverse world punishes saving???