Millionaire Acts

I’m sorry for not having enough time to update this blog. I have been very busy in other matters during the past few weeks. Anyway, I would like to tackle in this article another lesson that I’ve learned from the famous Robert Kiyosaki that covers the investment topic of risk vs. risky. Risk and Risky are two different terms. Except for the fact that one is a noun and the other is an adjective, risk and risky are two different terms when it comes to investing. Risk is primarily

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Most of us grew up thinking that mistakes are bad and should be avoided at all cost. We tend to correlate mistakes with low intelligence: The more mistakes you make, the dumber you are. However, the truth is, mistakes are opportunities to learn something new. “There’s a bit of magic hidden in every mistake,” Kiyosaki said. “That magic is called learning.” Instead of telling yourself on how to avoid mistakes, learn from your mistakes to turn into an opportunity to gain

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In one of my previous posts, I mentioned about what to look for when buying mutual funds. Once you bought and invested your hard-earned money into mutual funds, then what’s the next step? In my pursuit for further financial education, here are the do’s and don’ts of mutual fund investing: WHAT TO DO WHEN INVESTING IN MUTUAL FUNDS: - Pick funds that have a proven track record and a manager who has been around for more than five years. - Pick funds that meet your investment

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There are a lot of technical advices out there telling different investment strategies to grow your money. If you are a first-time investor, then you have to start from scratch. You need to understand basic and simple concepts in investing. The first step in investing is to understand how the different types of investments relate to each other. Then you can do an asset allocation in each of these types to determine which amounts of your total portfolio to invest in each of these

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If you want to become educated on business matters, then one of the things that you should know is the financial statement of companies. You need to know how to read numbers because numbers don’t lie. Financial statements are the health check up of businesses. Just like humans, businesses can be subject of certain “diseases” that you should know before it’s too late. Here are some of the financial ratios that you should know to examine the health of a business. This

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