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Are 2017 Financial Forecasts For Real?

Are 2017 Financial Forecasts For Real?

By in Economics, Investing, Mind and Money, Wealth | 0 comments

Financial Forecasts – Myth Or Reality? During a recent trip from San Francisco to Ohio, I spent several hours indulging in the Wall Street Journal, cover-to-cover. Fascinated by their second quarter Markets Review & Outlook Section on July 3, 2017, I fervently read the predictions made by pros compared with reality. Learn whether the financial forecasts hit the mark or veered off course. I assumed that at least one prediction for the markets for 2017 might have materialized. Yet, out of 8 economic predictions, ranging from U.S. stock indexes to inflation, the experts were all wrong. Here’s why it matters....

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5 Inspiring Warren Buffett Investing Quotes

5 Inspiring Warren Buffett Investing Quotes

By in Investing, Mind and Money, Money Management, Mutual Funds, Personal Finance, Stocks, Tips, Wealth | 6 comments

Warren Buffett is considered one of the most successful investors of our time. According to BusinessInsider‘s Andy Kiersz, in “Here’s How Rich You’d Be if You’d Invested $1,000 in Buffett Way Back When”, $1,000 invested in Berkshire Hathaway in 1964, would be worth about $11.6 million today. This information uses the 1964 share price of $19 and the February 27, 2015 closing price of $221,180 for Buffett’s Berkshire Hathaway (BRK-A). With the more recent closing share price of $194,620 (September 25, 2015) you’d still be rich. Bonus; What is Multifactor Investing and is it Worth a Try? I don’t...

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Avoid Being a Victim of Investment Fraud – Inspired by the Wizard of Wall Street

Avoid Being a Victim of Investment Fraud – Inspired by the Wizard of Wall Street

By in Investing, Money Management, Personal Finance, Tips, Wealth | 5 comments

Don’t be Like Steven Spielberg – Evade Investment Fraud I was both intrigued and sickened while glued to HBO’s Wizard of Lies. This riveting biopic chronicles Bernie Madoff, played by Robert DeNiro, as he crafts the greatest investment fraud of our time. It’s challenging to understand how sophisticated investors along with ordinary folks fell for Madoff’s Ponzi scheme. Find out how to avoid becoming a victim of securities fraud. You’ll discover that only your own knowledge and due diligence can save you from financial advisor malfeasance. Bernie Madoff’s Ponzi Scheme Fooled the Pros As long ago as 1999, an independent...

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Increase Profits and Reinvest in Your Small Business

Increase Profits and Reinvest in Your Small Business

By in Make Money, Personal Finance Luminaries, Tips, Wealth | 0 comments

Tips for Entrepreneurs – Reinvest in Your Business Contributing columnist, Kostas Chiotis We interviewed 11 successful online entrepreneurs. Learn their tips for success and how much they reinvest into their business. Their answers might surprise you. Warren Buffett learned about the importance of reinvesting your profits at the ripe age of 18. While still in high school and hoping to make a few bucks, he and a pal invested $25 in a pinball machine. They installed the game in a barbershop. The pinball turned out to be quite successful, and the two made a nice profit. But, instead of spending...

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How Long Until I’m Wealthy?

How Long Until I’m Wealthy?

By in Asset Allocation, Automatic Saving, Bond, Investing, Stocks, Wealth | 20 comments

“Cash confiscates capital. Long term, after taxes and inflation, the return on cash is negative.” Catherine Keating Since my mid-20’s, I made financial net worth goals for our family. I’d calculate our current net worth, add additional savings, and punch in an expected rate of return over the period, usually five to ten years. Occasionally, I go back and review prior goals. No matter what the market, over the long term we have met or surpassed the objectives. Set financial goals, make a few minor lifestyle changes and you may be surprised that you can become wealthy without a...

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How to Make Money with Upwork, Uship and More – From Zero to £45,000

How to Make Money with Upwork, Uship and More – From Zero to £45,000

By in Make Money, Tips, Wealth | 1 comment

By guest contributor, Jamie Hill Zero to £45,000 –  How to Make Money with Upwork, Uship, Fiverr, Freelancer, 99 Designs and More I have been working in the freight industry as part of the family business for 21 years, that is a long time in one particular industry and as the saying goes you can do less time for murder. Within a year and a half, I managed to earn £45,000 (that’s equivalent to $55,000) through the online marketplace Uship. This is my story and inspiration for how to make money with Upwork, Fiverr, Uship, Freelancer, 99 Designs and other...

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