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How to secure your child’s financial future. Isn’t that the dream of every parent? To provide a secure financial future for their children? Just imagine how grateful your kids will be when they will be 50 years old and they will not have to work for money, Imagine how proud they will feel about you … Read more
One of the most common questions I get is how to start investing with little money. That’s a good question and I prefer to hear that, instead of, I will invest when I will have money. If you wait to invest when you will have money, probably you will never invest. Some people will go … Read more
Books are your best friend to obtain financial literacy. What school didn’t teach you, what your parents didn’t teach you, what society didn’t teach you, you can learn it from books. Wealthy people devote at least 30 minutes per day reading. The average person reads 30 minutes per year. Books are fundamental on your path … Read more
The trick is to look at your portfolio as a single asset and to manage your holdings in a way that keeps that portfolio near its highs. Compounding is defined by Investopedia as “the process in which an asset’s earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.” The … Read more
Before you invest in the stock market you need to do this. You need do some math first How much are your monthly expenses? Include everything, house mortgage, car loan, utility bills, groceries, clothing, entertainment, etc. Take that number and multiply it by 12. For example, if your monthly expenses are $3.000 you need at … Read more
Investing is the ultimate long term game. There are many ways to start investing. You can invest in real estate, stocks, index funds, start a business, you can also invest in yourself. Yes, that’s an investment too. The more you learn the more you earn. Think about it, the more you study about real estate, … Read more