Stock market went down to rock bottom last October, banks and insurance companies failed, investors lose huge amount of money, and followed by raise of unemployment rate. Government gave out hundreds billions dollar tax payers’ money in the form of bailout just to keep the economy afloat. More than a year later, economy is almost back to positive, from the look of it. However, one must not deny it is getting more risky to get into the market nowadays, consider the stock market has rallied beyond the economy fundamental (In my opinion) when unemployment rate is still high and many companies are still losing money. Any negative news will send the stock market into a major correction. As stock investor, it is important for us to learn what are the major mistakes we could possibly make thus to avoid [...]
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Have you read How Not To Become Millionaire?
The moment Johnny chose to enroll into the private university, he has been placed onto high roller of debt and consumption. The average tuition fee of private universities is few times higher than those of public university. His peers, most [...]
Financial literacy is important if you want to achieve financial freedom. We have being taught about economics, balance check books, and basic accounting in school but school never teach us how to grow our balance sheet, minding our business and money. Thus it is our own responsibility to learn about financial education if we need to succeed in [...]