I have been involved in stock trading for quite some time now. Due to the question of one of my avid readers named dlanor from Saudi Arabia, here I am now sharing some stock trading tips that readers can use to trade stocks. But before anything else, for the beginners in the stock market, you might want to read my article on how stock market works to familiarize yourself on the stock market.   Once you already got familiarized with the stock market and started doing stock trading, here are

Read the rest of this entry >>

One of my earlier post, I said that Time is Money, which proves that we need to invest to fight inflation.  I attended a seminar where I learned about the relationship of money and time management. It suffices to say that when you have money, you can manage your time effectively. In our discussion, there are 4 types of persons with respect to money and time management. These are people with:   No Money and No Time. Oh, these are the worst people I guess. These are people who don’t

Read the rest of this entry >>

Life is like a game of chances. You can win or you can lose. Everyday, we are faced with challenges, which can either lead us to become a winner or a loser. Learning financial literacy is essential to increase your chances of winning the game of life. Consequently, it is best to play the cash flow game to gauge how well did you grasp the concepts in winning the game of money. Recently, I watched another video again of Robert Kiyosaki as now he talks about the so-called Game of Money where he

Read the rest of this entry >>

Bernard Madoff, the latest scandal in Wall Street pegged as the largest ponzi scheme, is the featured article on the spotlight! I was watching Bloomberg News last night when his case was being heard at the court hearing. The speaker relentlessly told that it was the fault of Securities and Exchange Commission’s lack of regulation that led to the largest ponzi scheme worth about $50 Billion.   But how did it go? Being a former Chairman of the NASDAQ stock exchange, Bernard Madoff had a

Read the rest of this entry >>

I just finished reading the ebook “The Millionaire Next Door” written by Thomas J. Stanley and Willam D. Danko where they conducted a research case study and surveyed American Millionaires. Who becomes wealthy? What do they do? How did they become millionaires? Or you can ask yourself, “Can I ever become one of them?” In their case study, usually the wealthy and millionaires are businessmen who have lived in the same town for all their adult life. They have married once and

Read the rest of this entry >>

It has been 2 months now since I first updated my portfolio of investments last November 2008. I’ve been recently updating myself with regards to the Stimulus Plan being implemented by the US Government to combat the effects of one of the worst financial crisis of all time and to bring the whole economy back to its “normal” operations. The Government plans to “pump prime” the economy to boost consumer confidence so that businesses will benefit from it. The plan

Read the rest of this entry >>

As I continue my financial education, yesterday I first played the Cashflow 101 E-Game. I never played the actual cashflow game yet but thanks to a college friend who gave me a copy of the cashflow 101 e-game. I can definitely say that it’s one of the best games to play when you want to increase your financial literacy. Basically, there are two tracks of the game: The Rat Race and The Fast Track. The rate race is simply for the average person while the fast track is for rich

Read the rest of this entry >>

I’ve been spending my time lately really educating myself on financial literacy. I admit my job has been so boring and not challenging so instead of killing myself to boredom, I’ve been using my additional time efficiently and effectively by adding additional knowledge on my financial education. In addition to my article, “what’s makes rich gets richer?” I’ve recently watched a video of Robert G. Allen, the author of the best selling books Nothing Down and Creating Wealth as he

Read the rest of this entry >>

After reading Adam Khoo’s “Million Dollar Interview“, I was really motivated to be the best that I can be. If you don’t know, Adam Khoo is the youngest millionaire in Singapore at the age of 26. In this ebook, he told how he did to become the youngest millionaire in Singapore at the very young age of 26 and now a multi-millionaire owning 3 businesses that rakes in $20 Million in profits yearly. Some of the outstanding views with regards to his principles are the

Read the rest of this entry >>

The Rule of 72 is a formula used in finance particularly in investments. This is a general rule that answers the question: ”How many years will it take to double your money?” You don’t have to make difficult calculations as this rule makes it easy for you to calculate. Depending on the given rate of interest, you can probably evaluate it mentally in your head. Let’s see the following examples to determine how it works:   In how many years can you double your money

Read the rest of this entry >>