When people start to get greedy they often start to fail as well. Let’s take investing for example. Say you have a portfolio of 5 different mutual funds and one is rising like a maniac. As you probably know you should never take investing decisions based on emotions. Greed is such an emotion and more […]
Many people think that in order to be successful, one needs luck and/or great expertise on some subject. If you fail you can’t have success, it doesn’t fit in the picture of success. Well, the truth is different…
To become successfull you have to know what does not work, and what does work. If 9 out […]
Posted in Money Talk on March 7th, 2007 1 Comment »
At the end of the year many investors’ thoughts turn to how they can avoid paying tax. Note that avoiding tax is not the same as evading tax. Here are some tips for you!
Dividends
When you own mutual fund shares dividends are usually reinvested in the fund. Many investors make the mistake of paying capital gains […]
I haven’t read many interesting posts the last week so this linklovefest is kinda short!
Internet:
The real secrets to e-commerce. A very good read about setting up an e-commerce shop. You may also be interested in my What is droppshipping? post.
Productive Strategies iPod giveaway. An extra plug never hurts, write a review and win!
Seven pitfalls that […]
Posted in Money Talk on March 6th, 2007 No Comments »
After the dive of the global stock markets last week, things start to look positive again. Today, the 5 day downward trend was broken by the European stock markets in reply to the Asian market recovery.
If you didn’t buy stocks over the last few days I suggest you do so if you can. The market […]
Posted in Money Talk on March 5th, 2007 No Comments »
I’m a big fan of mutual funds. You put some money in a fund, and other people manage it to make the most of it. For this service you pay a management fee. The average management fee of the mutual funds I invest in is 1.3%. While this may not seem like a lot, things […]
Passive income is income generated without requiring your direct involvement. One well known passive income stream is income from rental properties. If you own a rental property, it doesn’t require your involvement to make you money. That’s passive income, and that’s what you need to reach true financial freedom.
The beautiful thing of passive income is […]
Posted in Money Talk on February 28th, 2007 1 Comment »
You may have noticed the stock market taking a dive today. The US, European, Asian and Australian markets all went down.
My mutual funds’ trade prices are calculated each day at 10.00 AM. With fear for todays prices I logged in to my bank account to see what my funds were trading at today. Not bad […]
I’m going to make a weekly post with links to articles I found interesting. It’s called Remon’s linklovefest!
Here are the links for this week:
Internet:
John is busy slaying panda’s, I’m filling in - A great post about the pros of guestblogging.
Draft posts for money - An interesting read, if you’re 100% whitehat it’s of no use […]
Posted in Money Talk on February 26th, 2007 No Comments »
It’s funny, people buy a house for say $150,000, they sell it ten years later for $200,000 and think they made a profit. Let me tell you, you most like didn’t make a dime! You probably even lost money on the deal.
Most people have a mortgage without IO (Interest only) option. This is fine if […]