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Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Saturday, January 5, 2019

10 things rich people do

Ad Majorem.....Wealth Builders

10 things that rich people do that poor dont do?

1.  Self education

2.  Find mentors (seek role models)

3.  Finding passive income (to multiply your income stream)

4  Know difference between assets and liability

             Assets -   generate income
             Liability-   expenses

5.  Buy strategically (but assets that generate income or reduce expense)

6.  Differentiate between Net Income and Networth (how much do you keep)

7.   Value =  Money

      Effort =  Money ?   Most working men focus on this

8.  Focus on opportunities not problems or obstacles

9.   Rich promote what they are good at.  (on strength)

10.   Surround yourself with awesome and passionate people




Five Laws of Gold - why some people are rich and some are poor

Ad Majorem.....Wealth Builders

5 rules of Gold

1. Set aside 10% of your earnings for your investment

2.  Invest your money (multiply your  money;   parable of the talents)
     Differentiate between luxury and necessities.  Consider investments as your soldiers bringing back to your
     wealth

3. Seek wise advice;  no gut feel or go with fad;   seek professionals, avoid scam... Seek experts

4.  Seek business that you are familiar with

5.  Gold flees the man who seek impossible returns...(There is no get rich quick scheme)



Monday, May 27, 2013

Free Money Finance - on tax refunds, investment, increase retirement


Free Money Finance


Posted: 15 May 2013 01:29 AM PDT
The Wall Street Journal lists the average tax refund as follows:
  • Income: $25k-50k; Average Refund: $2,774
  • Income: $50k-75k; Average Refund: $3,051
  • Income: $75k-100k; Average Refund: $3,657
  • Income: $100k-200k; Average Refund: $4,704
I'm wondering if these are too high or not. On one hand, it seems like a lot of money that's "loaned" to the federal government each year. The people making $25k a year are shelling out too much -- to the tune of 10% of their income (unless their refunds are based on earned income credits and the like which they don't have to pay for).
On the other hand, if you make $150k a year, $5k probably isn't that much off. You probably have a whole lot of tax issues to deal with and getting closer to $0 is difficult to do.
We owed money this year, so I guess the government gave us a loan. :) It seems to run in cycles depending on my annual bonus as well as (lately) investments in real estate -- we owe one year, then get a refund the next. No real pattern that I can see.
What's also interesting is what they say to do with the refunds:
1. Pay off your credit cards
2. Take a course
3. Increase your 401(k) contribution
4. Pay down your mortgage
5. Gamble on … Italy (Invest)
Can't say I disagree with any of these, though the last one seems like it was added to be "cute". Personally, I'd go with a stock index fund from Vanguard or save the cash to be used for investment in real estate.
What's your take on these numbers? Too high or are they "ok"?

Tuesday, May 21, 2013

How to invest like Warren Buffett

Ad Majorem.....Wealth Builders

This 10 minute video may give you an insight on how to invest like Warren Buffett and therefore achieve financial security and independence.


 

Advice on financial investments and success from Warren Buffett - CEO of Berkshire Hathaway

Ad Majorem.....Wealth Builders

Warren Buffett is an investor par excellence.  Someone has yet to beat Buffett in in his investment acumen.  All he did was invest in stocks;  he did not start a business.  And he became very rich;  far richer than any techie or somebody involved in production/manufacturing involved in products (but his companies produced foodstuff, blades, newspapers, furniture, insurance, clothing)  Here are some advice:





Thursday, February 23, 2012

Invest in Peso


We have very positive mind set about the economy of America. Many of the Filipino wants to go to US for a greener pasture. Most of the Filipino wants to earn dollar. But there are controversial articles from newsmax.com in America . They published the current situation of the US economy. The economic crisis in America makes the dollars decrease its value. They also tell the people to avoid investment in dollars.

This is opportunity for us to invest using our own currency. There is a minimal risk when we invest in Peso. Investment in dollar currency is not stable, thus, it will result in high risk in part of the investors.

And, if you are looking for a good investment in Peso, You can contact Ms. Edith V. Saato at (02) 651-4201 or  +639228730171 to explain you how.