In Sickness and in Wealth
For Starters When asked to name an effective way of
obtaining wealth, a common answer is: "Invest". What is the
problem with this answer? Well, the majority of respondents have
very little or no money in their savings account. I see the
beginning of wealth building in a different light. A...
Financial Security for Women 101: Know Where You Are
Although the intent of this series is to help the average woman develop the basic financial skills, there are people of both sexes, from all walks of life, that opt to allow others (or no one) to manage their finances. It may be 'easier' on the surface to be disconnected from the stress of...
Forex Trading: Margin Usage and Introduction to Hedging
A good rule of thumb for either a mini-account or standard forex
account, is to limit your margin usage for each trade to 5% -
10% of your usable margin.
As an example, if your usable margin is $5000, to trade safely,
limit your margin usage for each trade to a maximum of $250.
This means...
Variation
This philosophy (Stat-think) relates to how people take in and process information (learning) as well as how they respond to it (action).
Statistical thinking: This philosophy (Stat-think) relates to how people take in and process information (learning) as well as how they respond to it...
How To Build Retirement Security
Knowing if you have saved enough is just part of retirement
security. The other part involves creating an investment scheme
that will create income without touching your savings.
If you're past 40 or in your 50s, things are a little more
difficult. It's difficult to predict the amount of...