Archive for December, 2008

What is financial freedom? For me, it simply means having the freedom of time, a time where we can spend to the things that we enjoy and the things that are important to us. Why do we need financial freedom? Ask yourself the following questions and you’ll find out the answer. “If you are an employee, will you be willing to work for the rest of your life?” “You keep working and working as an employee, who gets rich in the end? Is it you or your

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This is one of the latest investment vehicles that is being studied in the US. Have you heard of this freaking investment called “DEATH BONDS”? With the investment banking industry are all in collapse because of the credit crunch brought about by the subprime mortgage crisis, the next investment wave being studied and devised by Wall Street are death bonds. While subprime mortgage preys on debtors with high credit risk, death bonds prey on life-settlement backed securities. It

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As discussed in one of my previous articles, we must invest in order to fight inflation. But is it the right time to invest considering the effects of the global financial crisis that the world is now facing? Before, our problem is inflation. Oil price reached above $120 per barrel. Analysts and economists quote this as stagflation, a condition in the economy in which inflation and economic stagnation occur simultaneously. Now that inflation has greatly decreased with oil price reaching below

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There are a lot of success quotes, motivating quotes, inspiring quotes, and quotes from successful people and entrepreneurs out there. You can categorize it even from achievement, hope, happiness, survival, career, business, etc. But for me there are only four motivating success quotes that stood out from the thousands of quotes out there. Let’s see what are these quotes and why I chose them.   “I will do today what other people won’t so that I can have tomorrow what other

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Electronic gadgets are now a fad. They are products of technological advances. They represent status symbols nowadays. Everyone wants to have the latest gadgets from mobile phones to digital cameras to music players. They make our life easier and convenient. However, with their high price tags, they can drain our pockets. But are gadgets mere money drain luxuries? I think not if you do a little more forward reading. These expensive luxuries can actually provide you not just convenience but

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