18 09, 2018

Do You Consider Yourself an Investor or Trader? Does it Even Really Matter

By |2018-09-18T23:03:12+00:00September 18th, 2018|Investments|0 Comments

I forget which podcast I was listening to the other day, but they were discussing the virtues of "investing" rather than just simply "trading." I would guess that the layperson who basically ignores the financial markets wouldn't see these words as distinct dichotomies.  To me, however, they connote two very different mindsets.  As discussed below, I don't believe that one is better than the other, if that were the case the other wouldn't exist, it is just that they are very different. The Differences Between Trading and Investing According to Investopedia, there is a difference between the two terms, Investing The goal [...]

14 09, 2018

Personal and Business Finances: Not So Different After All

By |2018-09-24T14:35:39+00:00September 14th, 2018|Personal Finance|0 Comments

What’s the biggest difference between home finances and goals and those of a major international conglomerate? Scale. Yes, there are vastly different sets of rules and regulations, but at the heart of the matter it really comes down to size. You may be skeptical but consider the following. Bookkeeping While a corporation likely has a large accounting department, often broken down between receivables and payables, and you have...well, you, the basic function is the same. That is to say, tracking income and expenditures. A big company is going to need significant payroll programs or freight audit software and possibly a system to [...]

14 09, 2018

September 2018 Undervalued Dividend Growth Watch List

By |2018-09-24T14:37:04+00:00September 14th, 2018|Dividend Investment Portfolio|0 Comments

Preparing these posts are a lot like my net worth posts in that it takes an otherwise mundane activity and forces me to pay attention.  Force may not be the correct word as I could always just ignore the task, but I believe it to be helpful to at least one person, myself. Thoughts prior to the screen: Not sure why, but if the opportunity presents itself I'd like to purchase a lot of something new.  While some months I am looking to add to an older hold, or a particular sector, this month feels like a "buy something new" month. My [...]

13 09, 2018

Your Estate Plan Should Reflect Your Interests

By |2018-09-13T21:58:27+00:00September 13th, 2018|Estate Planning|0 Comments

No one wants to think about death and dying. They are morbid subjects to be sure but they are something every smart business person needs to think about. This means having a business plan in place in case something should happen to you and also making sure your will and estate planning is up to date. The question is, what kind of assets are we talking about? Depending on your area of expertise and interests, this can be anything from stocks and bonds to real estate to rare coins and precious metals. Here are some things you might want to consider passing [...]

13 09, 2018

Golden tips for financial market trading to help you reach your millions

By |2018-09-13T22:05:22+00:00September 13th, 2018|Investments|0 Comments

To become a millionaire is everyone’s desire as we all want to live a life free from financial struggles. Life is enjoyable if you are able to do whatever you want in your daily life without worrying about money to do it. A financially independent person is the one who has sufficient wealth to live from day to day without having to depend on any form of employment. Tony Hopkins, a senior financial advisor at Jones Mutual, confirms that these people own assets with the ability to generate cash flow that is equal to or exceeds their all expenses. Well, to reach [...]