Tag: investing
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Robert Kiyosaki on Investing (Part 2)
All information below is copied or inspired by Robert Kiyosaki. My thoughts are usually in italics. Previous: Robert Kiyosaki on Investing (Part 1) Next: Robert Kiyosaki on Investing (Part 3) Financial Plan Where am I now? Where do I want to be? Financial Advisor Interview a few financial advisors. Ask them what they can do…
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Robert Kiyosaki on Investing (Part 1)
Robert Kiyosaki‘s books are “meant to be more of a motivational tool to get readers thinking about money, rather than a step-by-step guide to wealth.” (Wiki) In my opinion, this first illuminating step is a requirement for any successful journey. I’m currently reading Rich Dad’s Guide to Investing and have shared some of my initial…
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Time To Get Rich
There’s many unlikely ways to get rich but we want guaranteed success. Using simple language, how can I get rich? Getting a college education and a good job will never make you rich. I’m not channeling new age rich-is-love-not-money propaganda; I’m telling you how it is. Working for money will never carry you beyond the…
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Successful Portfolio: Burton Malkiel on Simplicity for Investing
MoneyWatch Investment Mantras 1. Buy index funds. 2. Diversify your assets. 3. Keep costs low. Princeton economist Burton Malkiel says simplicity is key to a successful portfolio.
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Investing in Bond Securities: What is a Bond? (Part 1)
A security is some representation of financial value. Bonds and stocks are examples of securities. The bond is the contract between the bondholder and the organization which describes how the money credited (invested) will be repayed with interest. Bondholders are creditors to an organization, whereas stockholders have an equity stake in an organization. Resources and…