We always hear that some people have just made a huge profit on certain type of investment and think if we could make the same kind of money, too.
It is all good dreaming about how good you would be and how much money you would earn. However, some people make money regardless of markets going up or down.
They actually can make even more money when the market is crashing if they know when to short certain stocks as we discovered in recent crises with banking stocks.
When it comes to investing in classic cars there are a few obvious potholes anyone can fall in…even the seasoned dealers. They are easy to fall in love with, be sentimental and being cars, they have many associated problems.
Here are 5 tips to help you decide if you would be a good classic car investor or it is not definitely for you…
Most youngsters think that they do not require life insurance, and hence, they ignore it.
They neglect the benefits it offers them because they feel it’s not meant for them, so they simply take it because of statutory tax deductions.
It is okay for them to feel that way, especially if they don’t have familial responsibilities.
However, they should remember that there are different impacts when they take this type of policy during the different stages of their lives.
A life insurance policy offers you more benefits when you take it at the age of 40 as compared to when you take at the age of 25.
A 20-year life insurance policy that you take when you’re 25 years old would greatly help you during some days when you have financial needs when you are 45 years old, such as the higher education of your child. However, the same policy may not be very helpful to you when you are in your 60s if you take it when you are 40 years old.
The following is an analysis of the best time for you to take life insurance…
Your credit score can tremendously impact your day-to-day life.
For Example, your credit score can affect everything from obtaining a mortgage to getting a new job. This is something that most people know. But what everyone doesn’t know is how exactly your score is calculated.
The reason that this isn’t common knowledge is because the credit bureaus do not tell you exactly how they calculate your score.
Even though we do not know the exact equations used, we do know what factors can have a tremendous impact on your credit score. For example, settling your debt can impact your credit score.
Let’s see exactly how debt settlement affects your credit score…
Do you ever feel pressured by time and end up making a hasty decision that you later regret?
Chess Grandmaster Garry Kasparov taught, “Always keep ten extra minutes on the clock, or you will end up making rushed decisions.”
High level chess games are always timed.
Having time pressure keeps the pace of the game moving and forces players to make a decision.
If you want to own a home but just can’t seem to get the capital together for a down payment, don’t have the income to carry payments or don’t have the credit history to get the loan, you might consider purchasing it with a friend.
Two incomes are certainly better than one, and you’ll probably have a better chance if you have another strong candidate applying with you.
People buy houses with friends all the time, and while there is nothing inherently bad about it, you should consider a few things before taking the plunge.
Cloning simply means to create duplicate of anything.
The term IT Cloning was derived from the biology term “cloning” where clone of any animal can be created using any particle of the animal.
But IT cloning refers to the duplicity of any website or application in terms of its design and functionality.
Clone websites don’t use the code of the original one. Developers design it from scratch using their own code.
IT cloning has become very common and it can be seen in our daily life, with companies like Airbnb & Wimdu, Flipkart & Snapdeal, Alibaba & Amazon, Snapchat & Bolt, Whatsapp & Telegram etc…
Now the question is “How are clone websites more benefited than original websites?”
I think a real life success story can explain it in a better way…
Some people are planners and some aren’t.
Which are you?
Chess players are counted among the world’s greatest planners as they not only have to think many moves ahead, but have to come up with alternative plans if their opponent doesn’t move as anticipated.
This advance planning is similar to the strategic thinking needed in order to stay ahead when the financial markets don’t behave the way you hope they would.
Even if you’re not a chess player, chess can teach valuable financial lessons and help you become the grandmaster of your money…
Investing is not a science: it is not possible to put your portfolio on autopilot and just watch your money grow, Grow, GROW.
There is no one fixed, guaranteed path that leads to investment success.
However, there are certain paths that will lead to guaranteed failure.
Before you know what to do, you must first know what NOT to do.
I’m going to go over 4 common mistakes the investors make…