The Millionaire Blog

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Entries Tagged as 'Financial Investing'

Investing Wisely: An Introduction to Mutual Funds Part 4: Glossary of Terms

October 19th, 2005 · No Comments

The final installment of the series Investing Wisely: An Introduction to Mutual Funds is a glossary of terms.

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Tags: Financial Investing

Investing Wisely: An Introduction to Mutual Funds Part 3: Avoiding the Pitfalls

October 18th, 2005 · No Comments

If you decide to invest in mutual funds, be sure to obtain as much information about the fund before you invest. And don’t make assumptions about the soundness of the fund based solely on its past performance or its name.

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Tags: Financial Investing

Investing Wisely: An Introduction to Mutual Funds Part 2: Factors to Consider and Evaluate

October 18th, 2005 · No Comments

Thinking about your long-term investment strategies and tolerance for risk can help you decide what type of fund is best suited for you. But you should also consider the effect that fees and taxes will have on your returns over time.

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Tags: Financial Investing

Investing Wisely: An Introduction to Mutual Funds Part 1: How Mutual Funds Work

October 17th, 2005 · No Comments

Over the past decade, American investors increasingly have turned to mutual funds to save for retirement and other financial goals. Mutual funds can offer the advantages of diversification and professional management. But, as with other investment choices, investing in mutual funds involves risk. And fees and taxes will diminish a fund’s returns. It pays to […]

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Tags: Financial Investing

Automating Your Financial Plan to Succeed

October 7th, 2005 · No Comments

David Bach the “Automatic Millionaire” has a very good article on why it’s important to automate your financial plan.

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Tags: Financial Investing

What is Passive Income and Why You Want It

October 7th, 2005 · 2 Comments

As an individual the number of hours you can work and the amout of revenue you as an individual can generate is finite. To break that barrier you need to generate passive income. In this article I will explain passive income and provide examples of three types of passive income.

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Tags: Business Knowledge · Financial Investing · Passive Income

Free Financial Preparation Kit

October 4th, 2005 · No Comments

Patelco Credit Union has a free Financial Preparation Kit. It’s an Adobe Acrobat form where you write down all your important financial information.

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Tags: Financial Investing

14 Components of a Strong Financial Plan

September 27th, 2005 · 2 Comments

Becoming a millionaire requires planning, it’s not going to happen by accident. You’re going to need a plan that will put you on the road to becoming a millionaire. In this post I’ll go over what Dave Ramsey recommends are the major components of a healthy financial plan.

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Tags: Eliminating Debt · Financial Investing · My Personal Entries

Can You Become a No-Sweat Millionaire

September 5th, 2005 · No Comments

Becoming a millionaire doesn’t require a lot of sweat if you ask Brian O’Reilly. Mr. O’ Reilly is destined to become a millionaire by the time he is forty. His story should be an inspiration to those who want to become a millionaire, but don’t want to work up a sweat doing it.

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Tags: Business Knowledge · Eliminating Debt · Financial Investing

Money Management Skills For A New Millenium

August 24th, 2005 · No Comments

4 Reasons why it is so hard to manage your money today and what to do about it.
Have you ever noticed how personal money management has a feel of dieting to it? Not only is there the challenge of knowing what method will work for you, but more significantly, what method will bring a long-term, […]

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Tags: Eliminating Debt · Financial Investing · My Personal Entries

Personal Finance Primer

August 10th, 2005 · 1 Comment

The subject of personal finance is very broad, but as a beginning, I would like to discuss what I consider the foundations of personal finance: Security, Stability, Growth and Protection & Management.

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Tags: Financial Investing

The Miracle of Compound Interest

August 10th, 2005 · No Comments

Albert Einstein was once asked what he thought was the most powerful force in the universe. He answered: Compound Interest! Now, I would have thought that Albert Einstein would have considered things other than money. But, when you take another look at it, he may be right. At least, he may have suggested the thing […]

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Tags: Financial Investing