Three Steps to Better Money Management
Good money management leads to less stress and more financial freedom. Follow these three simple steps to make and keep more money.The Copper Retirement Fund
There is a story going around about a handyman who worked 40 hard years doing various jobs. Every now and then as leftover parts became available he would collect the copper and stored it in his garage. The handyman would store the metal year after year until he finally retired.Retirement and Financial Security Perspectives
Imagine yourself being financially secure at the events and places with the people you enjoy the most. Is it sipping an pina colada on the beach? Comfortably retired surrounded by your grandchildren?The Importance of Asset Liability Matching (ALM)
In recent years, investment, portfolio, and endowment managers have become acutely attuned to the risks of unmatched cash flows in their portfolios. In particular, the ability of assets to generate sufficient cash flows to meet liability funding obligations has waned in the past decade.One Major Key to Growing Rich
Although we all dream of living a luxurious lifestyle, the sad fact is that only 1% of us will actually be wealthy. Although the odds are against you, it is still possible. To become rich without winning or inheriting the money, there are 3 steps to help you on your way.The Responsibility Dividend
The recent financial turmoil in the global economy has caused many people to adopt a dour perspective on the state of financial responsibility in the nation and across the world. Much of this cynicism is certainly well deserved, as there were many governments enforcing irresponsible regulations, banks making irresponsible loans, and people taking on an irresponsible amount of debt.Finance is Like a Puzzle, And Pyramid Schemes Are a Waste!
Everyone has to face multiple puzzles in their lifetime, as he/she matures. One puzzle most of the population is no stranger to deals with finance and if you are like me you have had little to no exposure to the workings of finance in school or family.Tips on How to Create Wealth
Do you dream of becoming wealthy? Do you wonder how people become successful millionaires? Do you yearn to change your life for the better? If so here are some tips on how the wealthy make their millions.4 Wealth Pillars and How to Know Them
Everything in life has foundation or in simplest term, a start. You can imagine a newly born baby from its infancy to adulthood. You will agree with me that, there are series of processes and systems in term of growth that goes along with a child development from its first day on this earth to its adulthood.Risk Measurement – A Multi-Dimensional Concept!
For the past 50 years, many financial economists and professional investment managers relied upon the concept of “mean variance optimization (MVO)” to design investment portfolios. The principle was simple: maximize mean return subject to a certain variance (risk); or minimize variance subject to a certain mean return. While the MVO technique is well-intentioned, it suffers from an incomplete definition of risk.Working Smarter – Ways to Achieve Financial Freedom Ideas
There is very little point in earning large amounts of money if you are in no position to enjoy or spend your wealth. Many people all over the world today earn large pay checks, but are ironically enough, too busy with their work to give much thought to reaping the benefits of their income. These days, the trend has become limited to working late nights at the office, or being promoted to higher paying, yet more time-consuming jobs, and sometimes working harder is no longer a good enough means to enjoy your financial wealth.Assumptions and Attitudes in Creating Your Comprehensive Financial Plan
Your financial plan is designed to project into the future, so you need to think about how that future will pan out. With this in mind, you need to make certain assumptions about how certain things will change over time (inflation, investments, expenses etc). This article describes the areas you should consider, and why they are important.The Science of Getting Rich – How Anyone Can Become Rich – Part 3
Do you dream of getting rich? Well, a very simple book called ‘The Science of Getting Rich’ written by Wallace D. Wattles a century ago sets out how anyone can become rich. This is Part 3 of a 3 part article series.Learning Good Financial Habits Today
You understand that to build wealth you need to make goals, a budget and create good financial habits. Right? Okay, you do, but now what habits are good?Building Wealth Through Goals, Budgets and Financial Will Power
In order to build true wealth you have to plan what happens with you money. Dave Ramsey often says “You have to tell your money where to go.” This is incredibly important and the best way to do that is make financial goal, keep a budget and develop good financial habits now.