In the previous four steps I had covered a few basic topics ranging from pursuing a career with income potential to minimizing consumer debts to harnessing the money growth factors to invest long-term in the financial market. By following the first four steps, it’s sufficient for the average person to develop a good grasp Read More …
Category: How To
Blog topics that involve how to accomplish a task or achieve a goal.
The Fourth Step To Saving A Million Dollars
Welcome back! I hope that you enjoyed reading the previous steps and the concepts that I covered. In this step, I’ll be covering more interesting and fun topics than the previous steps (First Step, Second Step and Third Step). Yes, I am going to talk about the financial market and provide insights on how Read More …
The Third Step To Saving A Million Dollars
In the first step to saving a million dollars, I’ve provided insights with regard to maximizing your potential to generate income from your employment. The second step was a little dry (I must admit, not a lot of people like to talk about debt), where I advised my readers to avoid costly loans that Read More …
The Second Step To Saving A Million Dollars
In the first step to save a million dollars, the theme was to research and pursue a suitable career with great earning potentials. For the second step, the central theme will be keeping more of our hard-earned money. In my minimizing your income tax post, I mentioned that “It’s not how much you make. Read More …
The First Step To Saving A Million Dollars
While growing up, I didn’t have the benefit and guidance of a mentor nor a big brother. So I was left to fend for myself and to explore my own career choices when I grew up (I would say that was about the age of 23 or so). Fortunately, I had two things that Read More …
Part 2: How To Improve Your Financial Health
Happy New Year Isaved5k readers. Welcome to the first post (second post if you count my giveaway post) of 2017 and I hope that you’ve had a great holiday and are ready to jump-start 2017 with a bang. I am happy that you are here, which means you are interested in having a healthy Read More …
Part 1: How To Improve Your Financial Health
Every year, right after the Christmas holiday, the fitness advertisements from health clubs, dietitians, exercise equipment manufacturers, weight loss products and exercise programs started to pour in. You’ll be bombarded by television commercials, radio ads, street billboards, ads on public transit, magazines, flyers delivered to your mailbox and even when you are surfing the Read More …
Freedom 48 Investment Toolkit: Foreign Market Investment Basics
When investing your money, it’s important to diversify your investment into different types of assets (such as stocks, bonds and real estate), different segments of the stock market (such as financials, consumer staples, utilities, technologies, telecommunications, etc.) and different regions of the world (such as North America, Europe, Asia, etc.). However, for a small and Read More …
Freedom 48 Investment Toolkit: Using Options To Improve Investment Returns
In my previous post, I covered the basics of margin account and options. For this post, I’ll go over the strategies that I used to buy stocks cheaper, sell stocks at a higher price, making money without selling or buying the actual stock, and pay less taxes. To fully execute these strategies, the basic Read More …
Freedom 48 Investment Toolkit: Margin Account And Option Basics
A while ago, in my emergency fund post, I used the buying power in my margin account as a way to access funds in case I need it for an emergency. Even though it is a viable and flexible method to get access to cash in a hurry, it’s not my true intent when Read More …