tag:blogger.com,1999:blog-1177518368264230086Thu, 19 Dec 2024 03:28:34 +0000Stock-TradingInvestmentsFOREX TradingFinancial PlanningCredit ManagementCredit Management | Financial Planning | Investmentshttp://wealthyjoes.blogspot.com/noreply@blogger.com (wealthyjoes)Blogger59125tag:blogger.com,1999:blog-1177518368264230086.post-1300255191268905081Wed, 27 May 2009 08:10:00 +00002009-05-27T16:10:00.946+08:00Financial Planningby Jeffrey StrainPeople want to save money wherever they can these days -- and one of the easiest places to cut is the amount they spend at restaurants.The cost of eating out continues to rise, as restaurants have to pay more for basic staples like wheat, corn, flour and rice. The National Restaurant Association reports that average menu prices increased 3.9% in 2007. Similar increases are http://wealthyjoes.blogspot.com/2009/05/save-money-while-dining-with-style.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-2003158207765684015Sun, 24 May 2009 08:03:00 +00002009-05-24T16:04:49.526+08:00FOREX TradingStock-TradingSupport and resistance levels on bar charts are a major component in the study of technical analysis. Many traders, including myself, use support and resistance levels to identify entry and exit points when trading markets. When determining support and resistance levels on charts, one should not overlook the key Fibonacci percentage "retracement" levels. I will detail specific Fibonacci http://wealthyjoes.blogspot.com/2009/05/fibonacci-and-golden-ratio-for.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-1248202772982618184Wed, 13 May 2009 18:22:00 +00002009-05-14T17:10:58.187+08:00FOREX TradingAchieving success in forex trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades.Following are 10 of the more prevalent mistakes I believe traders make in forex trading.This list is in no particular order of importance.1. Failure to have a trading plan in place before a trade is executed.A trader with no specific plan of action in http://wealthyjoes.blogspot.com/2009/05/top-10-mistakes-traders-make-and-how-to.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-1656587556619412381Tue, 12 May 2009 09:31:00 +00002009-05-16T17:33:10.358+08:00Financial PlanningInvestments1) Should you invest in real estate?Uh, if you’re even considering this notion, you should immediately begin searching for a highly recommended head shrinker.Short Answer: NOLong Answer: The worst thing about real estate is its lack of liquidity during a bear market. At least in the stock market, when your stock is down 60 percent and you realize you’ve made a horrendous mistake, you can call http://wealthyjoes.blogspot.com/2009/05/bear-market-what-you-should-should-not.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-5421763262452709626Tue, 27 Jan 2009 18:34:00 +00002009-05-14T17:05:51.999+08:00Credit ManagementFinancial PlanningYou've saved up some money to buy a new car. Having done the rounds at the car showrooms, kicked a few tires, taken several test drives, you've finally decided what car you want. Before putting down the deposit, consider first how you would finance the new car.Owning a car can be costly. Besides the loan repayments, you would also need to budget for regular expenses such as fuel, maintenance, http://wealthyjoes.blogspot.com/2009/01/car-loan-what-can-you-afford.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-5600692012194445676Fri, 23 Jan 2009 16:00:00 +00002009-01-24T00:00:00.382+08:00Stock-TradingThere are basically two ways to earn income in this world. One is by providing your own labour in exchange for money. The other is by making your money work for you. It's what the rich already know - it takes money to make more money. And this is what investing is about.To be sure, investing does have some risks. However it also provides you with long-term potential to make you wealthy, which http://wealthyjoes.blogspot.com/2009/01/why-invest-in-stock-market.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-8366361209026817647Tue, 20 Jan 2009 16:53:00 +00002009-01-21T01:09:17.954+08:00Investmentsby William Bronchick“Flipping” has been the buzzword of the decade in real estate. And even in today's post-bubble market, it's still possible to flip for profit.Regardless of where you are living and investing, you can open new doors to profits by understanding all your options. Today, I'm going to tell you about seven of the best.Flipping simply means buying a property and reselling it quickly,http://wealthyjoes.blogspot.com/2009/01/7-ways-to-flip-property.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-3507575400804540564Fri, 16 Jan 2009 21:09:00 +00002009-01-17T05:09:00.891+08:00Investmentsby Steve McDonaldAmerica’s finest quality is that it has no memory!Three months ago, the topic of the day was which window to jump from; today all I hear is how hot the market is. This morning’s conversation on “Squawk Box” was how the market has moved 24 percent and maybe there is too much exuberance.Too much exuberance? Last October we were wondering if there would be a run on the banks. Now http://wealthyjoes.blogspot.com/2009/01/all-american-investor.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-8749545658979783567Wed, 14 Jan 2009 16:00:00 +00002009-01-15T00:00:00.494+08:00InvestmentsStock-Tradingby Steve McDonaldBond Market UpdateIf you are like most people, you don’t pay much attention to the bond market. In fact, if you are like most people you know less about bonds than you do about options.You are missing one of the best opportunities to make money, very safe money, ever!As everyone knows, there has been a mad rush into treasuries, prompted by the mauling the stock market handed us http://wealthyjoes.blogspot.com/2009/01/investment-opportunities-bonds-stocks.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-2822355557802141012Mon, 12 Jan 2009 05:29:00 +00002009-01-12T13:42:34.223+08:00FOREX TradingYou are in the market to make money, but you realise there is some risk involved. Perhaps you even enjoy the thrill of the game – the bigger the risk, the bigger the rush. Unless you have limited funds, though, you would not be in the market for long. So how can you balance your need for the excitement for a big trade versus the need to make some money? Develop a trading plan that addresses both http://wealthyjoes.blogspot.com/2009/01/managing-risk-in-forex-market.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-771427535836203135Mon, 05 Jan 2009 06:43:00 +00002009-01-08T14:09:39.094+08:00Financial PlanningWith all the bad economic numbers out there, what is the small man to do?The right financial decisions are important most of the time, but with the worst economic bogeyman out there to catch the unawares, it is more crucial today.These are some common sense things that you may want to include in your new year resolution.1. DON'T TRY TO ANTICIPATE WHATS COMING.The banking meltdown is so unusual, http://wealthyjoes.blogspot.com/2009/01/dos-donts-for-2009.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-5096657261175827222Tue, 30 Dec 2008 04:00:00 +00002008-12-30T12:00:00.826+08:00FOREX TradingStock-TradingIn the 1600s, the Japanese developed a method of technical analysis to analyse the price of rice contracts. This technique is called candlestick charting. Steven Nison is credited with popularising candlestick charting and has become recognised as the leading expert on their interpretation. Candlestick charts display the open, high, low, and closing prices in a format similar to a modern-day http://wealthyjoes.blogspot.com/2008/12/patterns-of-candlestick-charting.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-5438609276152852299Sun, 28 Dec 2008 10:14:00 +00002008-12-28T18:27:21.429+08:00FOREX TradingForeign exchange trading is generally conducted in a decentralised manner, with the exceptions of currency futures and options. Foreign exchange has experienced spectacular growth in volume ever since currencies were allowed to float freely against each other. While the daily turnover in 1977 was US $5 billion, it increased to US $600 billion in 1987, reached the US $1 trillion mark in September http://wealthyjoes.blogspot.com/2008/12/factors-causing-foreign-exchange-volume.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-110482029589249086Mon, 15 Dec 2008 13:47:00 +00002008-12-19T22:04:13.341+08:00InvestmentsStock-TradingPrice-to-earnings ratio (P/E) is a popular measurement of a company's true worth. It is usually favourable for companies with a P/E of below 10. But nowadays, little attention should be paid to this number - for two reasons, and both involve the earnings part of the ratio...Reason #1:The economy is slipping so fast, past-performance P/Es shed little light on what is in store for the company righthttp://wealthyjoes.blogspot.com/2008/12/other-measure-of-companys-worth.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-6479652328212906722Wed, 10 Dec 2008 14:17:00 +00002008-12-18T23:32:27.090+08:00Financial PlanningA simple yet effective money plan? In financial circles, it is better known as a budget. While we are familiar with budgets at work, how many people actually make their own personal budget?What is a Personal Budget?A budget is a plan for spending money. We love to spend buy very few can control their spending. A personal budget is a way to balance the money you have against the money you will http://wealthyjoes.blogspot.com/2008/12/making-personal-budget.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-8180609059672593675Sun, 30 Nov 2008 16:59:00 +00002008-12-03T01:18:39.172+08:00FOREX TradingStock-TradingNearly every student of technical analysis has heard of the Elliott Wave Theory and is probably fascinated by the concept. However despite its popularity, Elliott Wave is also the least correctly understood theory of technical analysis. Too many traders have found the numerous rules behind Elliott Wave Theory to be overly complicated and subjective. For those who correctly understand the rules, http://wealthyjoes.blogspot.com/2008/12/basic-guide-to-understanding-elliot.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-2338017847639757942Fri, 28 Nov 2008 16:18:00 +00002008-12-18T00:05:29.686+08:00Credit ManagementYou have found and evaluated a new customer, tenant or business partner, and are set to do business with him. Payment terms have been discussed and he has even signed an agreement with you. You leave the meeting feeling so happy that you treat yourself to an extra large Mocha Ice Blended; then 30 days later, you notice your 'perfect' partner has not paid his business debts on time. What do you dohttp://wealthyjoes.blogspot.com/2008/11/collecting-business-debts.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-7812507837223327747Sat, 15 Nov 2008 09:29:00 +00002008-12-07T08:56:31.722+08:00Stock-TradingMaking money from stock markets requires trading in the stock market. Prudent buying, holding and selling of stocks generate profits and money. Stock trading is the function that interacts and organizes in the stock market.This market involves buying and selling of millions of shares all over the world, and generates profit. A share of this profit comes to the successful trader in the stock http://wealthyjoes.blogspot.com/2008/11/beginner-tips-to-make-money-from-stock.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-5566358621403106677Tue, 11 Nov 2008 14:06:00 +00002008-11-24T22:08:03.354+08:00Stock-TradingI have never seen the market so ruthless and so volatile at the same time. Wall Street is pouncing on weaknesses in sectors and companies. And because of the huge swings the market is making on a daily basis, when it attacks it really ATTACKS. Companies that had been fairly stable are going down 5-10 percent in one day... 30-50 percent in one week.Some investors like to swim in calm water but http://wealthyjoes.blogspot.com/2008/11/3-ways-to-protect-your-stock-investment.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-439294341509400166Sun, 09 Nov 2008 13:43:00 +00002008-12-18T00:10:47.335+08:00Credit ManagementFinancial PlanningFor variable loan rates, assess whether you can afford the loan when reference rates, typically the bank's BLR, are revised upwards since interest rates are generally pegged at a margin above the reference rates.Loan packages that offer flexibility in repayment and ability to redraw surplus money repaid are generally more expensive. Assess whether you can truly benefit from the flexibility beforehttp://wealthyjoes.blogspot.com/2008/11/10-home-loan-tips.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-7123661683282522468Wed, 05 Nov 2008 12:23:00 +00002008-11-24T20:45:02.192+08:00InvestmentsUnit Trusts are collective investments that allow investors with similar investment objectives to pool their funds to be invested in a portfolio of securities or other assets.As investors seek to maximise returns on their financial resources, unit trusts provide an ideal way for them to gain in the long run, returns superior to cash savings and fixed deposit investments. Unit trusts allow http://wealthyjoes.blogspot.com/2008/11/investing-in-unit-trusts.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-3029235728613435257Sun, 02 Nov 2008 05:46:00 +00002008-11-12T13:57:42.096+08:00InvestmentsBy Dean Graziosi Real estate can be your ticket to massive wealth, an early and fruitful retirement - even financial independence for the rest of your life. I've made millions by investing in real estate. But, as with any new venture, getting started can be tricky.Over the past 20 years, I've made plenty of mistakes. By learning from my mistakes, you can sidestep some of the pitfalls and start http://wealthyjoes.blogspot.com/2008/11/3-keys-to-real-estate-success-for.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-1792998881349569128Sun, 26 Oct 2008 16:20:00 +00002008-11-10T00:27:54.059+08:00Credit Management1. Typical APRYou probably know that APR stands for “Annual Percentage Rate”, but you might not know exactly what it is or how it works. Companies are required by law to publish how much a loan or mortgage will cost you in interest per calendar year. This covers all the standard charges such as arrangement costs and annual fees, but doesn’t take into account any late payment fees or other http://wealthyjoes.blogspot.com/2008/10/10-tips-to-apply-personal-loan.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-6487291775979192473Thu, 23 Oct 2008 05:26:00 +00002008-10-23T13:53:55.129+08:00Financial PlanningWhen you ask people what is financial freedom to them, chances are that you are going to get different answers. Some may say that financial freedom means having a million dollars in the bank. Some may say it means having enough money to do whatever you like. Some may say it means no more debts and loans.I define financial freedom as a controlled financial position, whereby there are sufficient http://wealthyjoes.blogspot.com/2008/10/5-elements-to-financial-freedom.htmlnoreply@blogger.com (wealthyjoes)tag:blogger.com,1999:blog-1177518368264230086.post-1955690554816237900Sun, 19 Oct 2008 20:02:00 +00002008-10-28T04:23:18.931+08:00InvestmentsAs the United States' financial Armageddon starts to sweep the world, it is getting tougher to find a safe haven where wealth can still be grown. That is why when some Swiss investors saw the world's first Mongolia-focused fund in January this year, they mopped up US$5 million worth of units in just three hours.Reportedly, the fund is now valued at US$20 million, due to the original promise of 25http://wealthyjoes.blogspot.com/2008/10/investment-opportunities-mongolia.htmlnoreply@blogger.com (wealthyjoes)