In every investment we have we must decide what role we are going to play in that particular investment. Do we want to actively manage the asset, passively manage the asset (have someone else manage it), or play a hybrid role, managing some parts while having others mange other parts of the investment. In each investment there is a balance of knowledge and effort vs. advice and management, what we choose makes a large difference in both the return of the investment and the amount of effort we must put forth.
Back to work!
I took a few weeks off and closed up the blog for a bit. I have been chewing on an idea, if I keep trying to come up with new content for the blog, I will never get the investing system finished. SO, for awhile I will not be working on blog posts, but rather the blog posts will be the making of the investing system.
When we finally say goodbye to summer and the cool weather starts moving in what is more fun then getting ready for Halloween, candy, decorations, costumes, and did I mention Candy...
We all have our favorite parts about Halloween, mine is candy and there is plenty of candy going around at Halloween. Now before we dive in and spend the bank consider these four saving tips...
What would you do with $100,000?
I was asked this the other day and have been chewing on the idea for a bit. The question was in reference to investing, but I like to think of it as a life financial question. I would have to be pretty darn wealthy to be in a spot to drop $100,000 into investments. To many parts of our lives have to be up to a certain financial level to do so. From some of our "wants" (vacation, remodel, new car), to what kinds of debts we have (credit cards, car note, mortgage), and than to our savings and investments.
So the questions is: What would the cash flow allocation be if you came into $100,000.00?
5 Saving Tips for the Average Joe
So you’ve made a budget, set your New Year’s resolutions and bought a piggy bank. And now, for many non-corporate world moguls, the pressing question is: what next? Well, among the numerous tips and tricks of the trade of penny pinching, here are five simple yet very effective ways to start to see your savings pile up.