Financial Planning Tips: Money strategies used by the rich

How Do I Implement The Lease Purchase Plan? First determine how much time you will have to work on your business. If you are starting part time or spare time and think you might have 5-7 hours per week, in reality you probably will have 2.5 to 3.5 hours per week. Whenever we ask a partnering student how much time they have I always cut the time they give me in half. Why? Well because things come up, such as children, obligations, illnesses, their other job, etc. So rather than kid yourself and set yourself up for failure before you even start, be realistic with the amount of time you will have. [More] Buy and Hold: How to Perpetuate Your Investment Losses Judging from the reader's e-mail it appears that he works for a major bank and is adamant about Buy & Hold and Dollar Cost Averaging. Maybe it's the approach he has chosen and he doesn't like hearing that the emperor is wearing no clothes. Nothing personal, honestly, but I find it incomprehensible that anyone, after the bear market and the financial disasters most people experienced, can even consider such theories. The results are just too black & white. [More] “Penny Wise and Pound Foolish” They didn't succeed for several reasons. First, none of them did the basics, the grunt work. Checking first to ascertain whether or not this business was even a viable one in their area. If it was, checking out the competition, making up a business plan, a mission statement. Setting up goals for themselves for daily, weekly, monthly, short and long term. Setting up a publicity campaign, working with the different media, setting up a marketing plan, networking. [More] Interview with Stuart of the Your Money 2 Keep Blog This is the 19th in a series of interviews HelpYourMoney.com is doing of other personal finance bloggers. An Interview with Stuart of the Your Money 2 Keep Blog: 1. First, can you please introduce yourself and tell us why your started your personal finance blog? From the time I was 17 I became interested in money and business. [...]. Secured Principal Investments Most secured principal investments offer a guarantee. This means that a fund protects your initial investment (subtracting fees and sale costs) as the market falls. The guarantee usually comes in the form of an insurance policy..