Tag Archives: Personal Finance

Investing in Another Person’s Business

March 9 11:10 am ,

 

Flow

At one point in your life, you will be given what you think will be a golden opportunity – investing in someone else’s business.  Before you turn giddy and give your yesses and your checks, think.

My husband and I, we are very enthusiastic persons.  The idea of getting into a new business – except when it involves multi-level marketing, which does not float our boat – is enough to send us to euphoria.  But of late, we have been a little selective and a little wary of the businesses we get into.  We have been burned some of the time and if added up, those investments would run into the hundreds of thousands.  Okay, okay, some are not yet “dead” but we worry about them constantly and we do not think that worrying is very good use of our time and our money.

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Posted in: Financial Education, The Basics of Finance , Tagged: , , , , , , , , , , ,

Teaching Kids Money Matters

October 29 10:23 pm ,
Happy Thoughts

Happy Thoughts

I am not sure that I learned about money when I was young.  Actually, I am almost sure that I did not.

To be fair to my parents, I think there was no consciousness yet, at that time, on the importance of teaching kids about money.  What they knew was that they had to provide and that was the end of it.

But the power to dream of riches and making it come true lies at the core of one’s life – in one’s childhood.  His views about poverty, about money, his poverty mindset (money does not grow on trees) and his wealth mindset (money grows on trees) start at that time which is at the root of all his memories.

And so we as parents have a duty to make those memories good ones, and that the mindset we cultivate is one of wealth.

Are you willing to take the step?

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Posted in: Children's Stories, The Basics of Finance , Tagged: , , , , ,

Increasing Your Financial Intelligence Series: Ways the Prices of Security Are Being Manipulated

September 15 10:56 pm ,

Five years ago, I would not have given it any thought.

In fact, if I come across finance terms, I would hardly give it a glance.  Worse, it would not even penetrate my consciousness.  I would not even see it, period.  But it is true what they say.  What you do not understand or know at first, if you keep at it, it would have no choice but take on meaning.

With a little help from Investopedia and the Securities and Regulations Code (SRC), let me share with you the ways by which the prices of securities (stocks, for our purpose) can be manipulated.

Do not be fooled.  The business of stocks or securities is serious business.  The big boys make the stock market their playground, their very own money mill, if you please.  If you are not careful and fall prey to their schemes, well, you can kiss your hard-earned money goodbye.

But the point of education is to make you more aware of the pitfalls.  Half of winning is knowing.

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Posted in: Stock Market, The Basics of Finance , Tagged: , , , , , , , , , , ,