|Wealth Building Information|
Asset Diversification Is NOT Boring?And Will Make You Money
OK, this article will start with the cheapest piece of advice you will receive this year. In fact, it will make you money. At the very worst it will stop you from LOSING all your money.
Advice: In investment, diversify your portfolio.
Repeat Advice: In other words, place your money in a variety of different investments.
In case you missed it the first time: Don't give Uncle Dave-o you life savings to put into a business venture that's a sure thing.
This simple piece of information is ignored by 85% of household investors. Most households put their money in one stock and hopes it ends up making money. Most people feel comfortable allocating all their money to one investment, one project. If the investment makes money - GREAT!! If the investment loses money - #x*#x!!!! Do you want to be stressed out about your money? No. You want your money to work for you.
When you visit a financial planner the basis of every strategy is diversification and asset allocation. Every disclaimer states that every case is different - it is true they are but the one common element implemented in every case is DIVERSIFICATION.
The theory behind it is this. If you place money in a variety of investments, with 70% in moderate-yielding, conservative investments and the rest in high-yielding speculative stocks. Then if you lose some money on the speccies, then at least you live to fight another day and more likely you may break even after you add the interest from your solid investements . If you make money on them, add that onto the other interest and you are up?Way Up!!
The key to solid investment is make the most of your money, earn the average (index funds and cash), and the use part of your assets on riskier investments. You can allocate money to property, cash, bonds, shares, trees, olives or whatever takes your fancy?The average sounds boring to most people but did you know that over 80% of actively managed funds perform before the market average. Average doesn't sound so bad now.
Psychologically, when your high-yield investments make you money you kick yourself for not allocating more funds to the investment. Don't fall for this trap. Pat yourself on the back for having a win and move on with your strategy. Confidence and 'what could have been' will be your downfall.
Dominic Dirupo survived the Tech Boom and Crash with Goldman Sachs and Deutsche Bank after graduating with Honours at London's City University. Dont Buy Information is an online resource designed to help every consumer make a business decision for free. No Strings Attached.
How Should I Create Passive Income?
If you're wondering where to create passive income, then you are likely not alone. There are hundreds of different ways, however, so you're sure to find something that will work for you. The one thing to remember about creating passive income, however, is that being creative is a huge benefit - and that you should try to create passive income in several different ways.
Living Trusts: Do They Protect Your Assets From Creditors?
A surprising number of readers want to know "Can a living trust protect my family's assets from creditors and lawsuits?"
Creating Money, Prosperity, and Abundance Now (Part 1)
I have given many prosperity lectures over the years and, in light of the current massive restructuring of all world and financial systems, I feel that now is the time for all of us to review our beliefs and refocus on manifesting prosperity and abundance in our lives. I do "walk my talk" and so I would love to share my experiences and knowledge with you. On the following pages, I will present you with some valuable tools that you can begin to use right away, to create money, prosperity and abundance in your life - with almost instantaneous results.
6 Proven Wealth Building Strategies
Building wealth is as simple as saving a little bit here and a little bit there. You need not have great riches in order to accumulate wealth, but you need to have the drive, determination, and discipline to successfully increase your wealth. Let's look at 6 proven wealth building strategies you can put to use today.
Offshore Strategies & Services
Offshore strategies may or may not be right for you. Moreover, there is a right way and a wrong way (legal and illegal) to execute offshore strategies. If you choose the wrong way you may wind up worse off than if you had done nothing at all.
5 Simple Steps for Serious Saving and Financial Growth
1) Pay off your loan, credit and store card debt and resist the temptation to keep on spending money you don't yet have.
The Mathematical Formula For Making Money
No matter what markets you serve; what products you sell; or what marketing tools you use, in business there's one truth you cannot escape.
How To Be the Ultimate American Consumer
Feel like a lemming lately? Ready to follow the crowd into the great plunge of Ultimate American Consumerism? Just in case you need a little help, here is a tongue-in-cheek look at how to continue the process of becoming the Ultimate American Consumer!
Residual Income - 3 Ideas for Long Term Profits
A residual income is one that comes in no matter what--even when you are not working (or can't work.) It's something all of us will someday want and possibly need.
WARNING: The Biggest Lie About Social Security
Like I said, If you are poor and on social security do not, and I repeat do not read this article.
Who Wants To be A Millionaire?
How many people search Google, Yahoo and MSN each day for the terms - make fast money online, get rich quick, or make money online? Or how about Who wants to be a millionaire?
Controversial Wealth Audit Reveals Over 90 Percent of Us Could End Up Working Forever...Are You One
Results from a new tool developed by UK based firm, Lean Marketing, confirm a worrying trend.
The Three Step Plan To Prosperity
You have $100 in your bank account, your rent is past due, your creditors are calling, your business is dwindling and to top it all off, someone sideswiped your car and now it won't start.
How To Get Investors And Bankers To Part With Their Money For Your Business
Time and time again entrepreneurs are losing out on getting the capital they need because of making basic mistakes in their pitch. It's great to have a magic product and tons of enthusiasm, but it's not enough. Follow these five rules and see your success rate climb.
How to Grow Your Very Own Money Tree
Okay. So money doesn't really grow on trees. Unless you plant your own Mighty Money Tree, that is!
Who Will Become Wealthy in the Information Age?
As you know, we're now well and truly in theInformation Age. It began about 10 years ago. In fact,many economists say it began in 1989, with the Fall ofthe Berlin Wall (and the start of the World Wide Web).
The Parthenon Principle
Have you seen a picture of the Parthenon in Athens, Greece? I will never forget walking up to the massive granite ruins. The size and power still remaining in a building constructed 2500 years ago is overwhelming!
Self Improvement and Financial Security for the Future
Any successful person, or any anyone interested in self improvement and making a better life for themselves must be prepared to take responsibility for every aspect of their lives and their future.
Dont Leave Your Financial Success To Chance
Recently I was reading a book called The Millionaire Mind. The book offers an intriguing look into the minds of those that have attained over one million dollars in net worth (there's far more to it then this, but I won't get that in depth for the purposes of this commentary)...
To budget, to have a budget and to be on a budget is not a bad thing; in fact, it's just about the best financial situation you can find yourself in. A budget is a valuable financial management tool which will enable you to pay your monthly expenses, save a certain percentage of your income and control your expenditures.
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