Becoming financially free does not need to be a daunting undertaking. Here are 10 valuable lessons to achieve financial freedom. Develop a Wealth Mindset If you think you can, you can. If you think you can't, you can't. Becoming financially free starts with having the right mindset. Focus on opportunities rather than limitations. Wealth [...]
In my Margin is a Double-Edged Sword and Investing Using Margin Debt Leaves You Vulnerable articles, I touched upon the risks of employing the use of margin debt for investment purposes. Margin investing is the practice of borrowing money from a brokerage firm to make investments. Traders tap this to increase buying power and then [...]
Subsequent to the US Presidential election in early November 2016, I have become “uber cautious”. My rationale for becoming this way is that: Corporate debt levels are growing exponentially despite sputtering profit growth. High-yield debt with “thin compensation” relative to increasing risk of default. Political turmoil in various parts of the world appears to be [...]
The purpose of today's post is to: explain how to obtain a credit rating without impacting your record; provide easy actionable steps to improve your credit rating. [...]
Margin is a double edged sword. Your gains are magnified when the value of the related assets rise. Losses, however, are magnified when they decline. [...]
Low interest rates have fanned debt to insane levels. Consumers have not used the low interest rate environment to tackle their debt load. Continue Reading