Latest Stories
Most recently published stories in Trader.
Mastering your finance
During my life my finance and life were out of control because of debts and spending. I have been through a divorce and many jobs during the last 23 years. I have learned not to put all my eggs in one basket like having one job, because if the company makes you redundant you will lose your job, so it is a good idea to have 2 or more streams of income. I always overcome any difficult challenges in my life and finance, I have a strong mindset and a positive attitude. For example, when I have lost a job, I do not get depressed and worried. In fact, I found a new job within a week. It is also vital to manage better my finance, reduce my outgoing and increase my income. I have created an online course entitled “Mastering your finance” which is a 10 videos course which covers different subjects: mindset, goal settings, compound effect, budget, other people money, reduce your utility bills and increase your income. Since I have started to implement my online course, I have already seen a massive improvement of my finance, a reduction of my outgoings and increase of my income. In 2020 I have cleared off already some loans and credit cards without working more hours. I feel I am in control of my finance. One of the reduction of my going is utility bills (e.g gas, electricity, mobile phones, landline, internet, insurance) and I manage to turn these liabilities to an asset, because I can show people how to start earning money from these bills resulting in increasing of your income. The most important part of this course is budgeting better your current income making sure you have more money coming in than coming out from your bank account. Knowing how you spend your money every month can help you to put in place stricter budget eliminating all the purchases which are no necessary and shopping to cheaper supermarket. This is helpful if you have many direct debits making sure you earn enough money to cover all your outgoings. If you owe debts like credit cards or loans, my online course can help you to reduce them with simple strategies to pay them off.
By Paolo Debernardi5 years ago in Trader
Why The Outcome Of The Election May Not Matter For Fannie Mae
Some have argued that if President Donald Trump loses the election, Fannie Mae and Freddie Mac will be left in conservatorship instead of recapitalized and released. However, Tim Pagliara of CapWealth Advisors has argued that even if Joe Biden wins the election, he believes the government-sponsored enterprises will still be released.
By Jacob Wolinsky5 years ago in Trader
3 Tips to Improve Your Finances Today
The COVID-19 pandemic has hit many people hard financially. From furloughs to job loss and from strict budgets to depleted savings and much more, people are making adjustments as needed. It's important to stay focused on your financial well-being and take simple steps so you can recover and thrive in the future.
By David Wyld5 years ago in Trader
Invest Like A Multi-Millionaire
Most people would do just about anything for a million dollars. Sure, a cool million isn’t what it used to be, but it is still a life changing sum of money that, if invested wisely, could reap a significant chunk of passive annual income spanning generations. The problem is, that human beings are impulsive creatures, and in this fast-paced world of cool consumerism, money has become an incredibly difficult thing for people to hold onto. In a culture where 70% of lottery winners end up going broke within 3 years, it’s apparent that many Americans struggle to cultivate a healthy relationship with money. Even if the average American was able to hold onto a significant portion of their salary, and modified their spending habits to consistently save money year after year, simply saving that money in a personal savings account would fall well short of the steps needed to ensure one’s needs were met throughout their retirement. A 2018 study found that 29% of baby boomers aged 65 to 72 were still working. According to a recent Transamerica survey, the median savings balance among baby boomers is a mere $144,000. It goes without saying, that even with an anticipated monthly Social Security payout of $1,300, $144,000 falls well short of providing any semblance of a comfortable retirement, given that the standard rule of thumb for determining a conservative retirement nest egg is to withdraw 4% annually over an estimated 20-year timeframe. I’m too lazy to do the math, but 4% of $144,000 might secure you four sold walls at a self-storage facility in Palm Springs. On a side note, I have seriously considered living in a storage locker for a brief period of time in my mid-twenties. I don’t understand why storage companies will not even consider the idea given this country’s current housing crisis.
By Colin Ortstadt5 years ago in Trader
A market correction Coming ?
Disclaimer: I hold no US stocks. This is an opinion piece based on history and past experience of a airborne infantryman serving in Iraq 05-06 with the 101st band of brothers, and a federal police officer for Airforce, with 5 years of travel abroad, working in jobs as a beekeeper in New Zealand, and wheat and barley farmer, and installing solar in Australia. I am an American I love my country and have some advice to protect yourself in the event of economic crisis.
By Sustainable Scott5 years ago in Trader
One Ticket Away from Making 7 Figures - A Virtual Event You Cannot Miss
For the fifth year, 7 Figure Flipping is going to be hosting a real estate conference. But this is no ordinary year. On October 15-17, Flip Hacking Live is going virtual. That means that anyone with computer access and a comfortable chair will be able to join in. You’ll hear about leadership, real estate investing, marketing, and how to hit millions of dollars in real estate investments from the comfort and safety of your own home.
By Victoria Kennedy5 years ago in Trader
Picking Business Winners:
We all aspire to backing winners, whether in sport or business. If you backed Apple or Amazon in the early days, you would be looking at lottery style returns. So, it is no wonder we are attracted to the dream of backing the next big thing! There are many ways to access the world of private business investments depending on your wealth and your risk appetite.
By Amy Mercer5 years ago in Trader
Why do you need to start investing early?
Nowadays, in an increasingly changing world and where globalization has totally changed the way we educate and inform ourselves, investment items are more and more abundant, but unfortunately, the increase has not been seen as it was expected from people interested in starting investing at an early age.
By José Ricardo5 years ago in Trader
