Finance and Credit Professional

Before you can ever reduce your expenses and increase your savings, you must first know where your money is going to. Many people share the same experience of having no idea where their $5,000 salary went. 'How did I spend so much money?' 'I thought that I should have $1,000 left at the end of [...]

Let me give you an example to illustrate the power of compounding. Let's say we played a game of golf and we made a friendly bet of 10-cent on the first hole, with the bet doubling on each hole. Would you take on this bet? Now, if you were familiar with the game of golf, [...]

How does one increase your streams of income and increase multiple streams of income along the way?One way is through setting up of businesses. Now, when you set up a business, what happens? You can set up 2, 3, or businesses. The reason why I have got 4 different companies is because each of them [...]

There are three major steps that master investors take and they are: 1) identify very good businesses, 2) buy them only at a huge discount and 3) wait for the market to realize its true value or overvalue it.Step 1: Identify Very Good BusinessesAlways remember that when you are buying a stock, you are not [...]

Online option trading fortune has become one of the most popular money makers among all forms of financial instruments available on the investment floor. Its high profitability has increased its popularity and is now considered the most common and preferred investment tool. Option trading online amounts to trillions of dollars being exchanged daily. This has [...]

If you think about, many people will make over a million dollars in their lifetime! If you were to earn an average income of $3,000 a month ($36,000 a year) over 40 years (age 25-65), then you would have a total of $1.44 million ($36,000 x 40 years) flow through your hands.If you were like [...]