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MotherRock Loses the Mother Load Jim Cramer is one of the most ubiquitous experts in the field of money. His face is plastered all over the stock market website The Street and it turns out that he actually has an interesting appeal to more “average” folk. Well, in the book which he authored (Ji.
Rich Dad Poor Dad by Robert T. Kiyosaki Rich Dad Poor Dad by Robert T. Kiyosaki, What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not..
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The Secret to More Winning Trades is as Simple as Avoiding This Common MistakeThe “trailing stop” strategy is a time-proven tool for completely eliminating any emotions from dictating your investing decisions. The only problem is that it requires a lot of your time and a lot of work on an ongoing basis. If you have 25 different stocks, you may have to make 25 new calculations every single day. [More] | Going Against the Conventional Investment WisdomI also do not buy or trade individual stocks. Instead, I buy and trade no-load mutual funds, including index funds. Even with the use of a deep-discount broker, commissions from trading individual stocks will add up and cut into my profits. True no-load mutual funds don't cost me anything to buy or sell. Besides, owning shares in a mutual fund is like owning shares of a lot of different stocks at one time without having to actually buy any of those stocks. Instead of buying individual stocks, I am buying classes or groups of stocks. I also don't have to worry about which stocks to buy or sell, as that job is being taken care of by the fund managers. [More] | IS THE BEST RETIREMENT BUSINESS RIGHT FOR YOU?Finally, I loved the fact that I could purchase an existing coin laundry to fit my budget, available investment dollars and personal requirements. Coin laundries generally require between 1,500 and 5,000 square feet of retail space, depending on the market size. Most laundries occupy retail space that is rented on a long-term lease of 10 years to 25 years, including option periods. The cost of buying a vended laundry can range from less than $50,000 to more than one million dollars, depending on size, age and net income. [More] |
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