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Financial planning, debt management & credit cards, stock investments, mutual funds, bonds, foreign exchange(forex), and saving money tips. If I don't know something I will do my best to research and give you objective and relevant answers.
Investing, financial advising/planning, saving money
Atlanta Youth Empowerment Series
B.S. Degree and 10 years of experience in Accounting and Audit. 10 years experience investing in stocks, mutual funds, bonds, real estate, options, and forex
Anyone can become wealthy with education, determination and patience.
I believe education and action are the key to becoming wealthy. I am constantly learning and hope to pass as much of this information to others. I'd like to build future millionaires- one person at a time.
My "Steps to Success": #1 Educate yourself #2 Be willing to take risks #3 Start small #4 Enjoy your victories. Learn from your mistakes. #5 Make it automatic (your savings and investments)
| User | Date | K | C | T | P | Comments |
|---|---|---|---|---|---|---|
| Robin | 08/31/09 | 10 | 10 | 10 | 10 | |
| Julie-ann | 07/28/09 | 10 | 10 | 10 | 10 | very,very helpful Gina.You have given ..... |
| Kenneth | 07/10/09 | 10 | 10 | 10 | 10 | Thanks for the follow-up reply! |
| Kenneth | 07/09/09 | 10 | 10 | 10 | 10 | Thanks for the reply! |
| Kim | 06/08/09 | 10 | 10 | 10 | 10 | Excellent explanation! Thanks! |
What they are basically talking about is diversification. It is the reason why many people hold both stocks and bonds, because these can be negatively correlated. When you hear bad news reports, bonds
Accumulating some cash for emergencies maybe the best thing you can do as a first step, before investing. Your need for emergency money will depend on your situation - if you're staying off campus, you
Start by spending less than you make each month. Set aside a portion of your income, which you can do by setting up an automatic transfer with your bank, from your checking account to your savings account
Let's first figure out exactly how much of an emergency fund you need. Since there is no risk of income loss of the pension, the only significant emergencies are loss of your income, major medical emergency
There are three types of income: earned income, passive income, and portfolio income. Earned income comes from a job or one-person small business. Passive income comes from assets you've purchased
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