What Does A Financial Analyst Do?

What Does a Financial Analyst Do

Let’s say you start a business. You have a great idea and the skills to make it happen. You take the time to research the market demand and figure out what they want. You’ve also created a specialized team so that everyone works with 100% focus.  With such preparation, you could say this company would make brilliant decisions. But what we haven’t covered in the business plan are expectations. You see, no company starts with a perfect solution. There are …

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What Are Liquid Assets? Is It Better To Be Liquid or Illiquid?

The Problem With Liquid Assets

Think for a moment of how much money you need. Now, imagine you could get it instantly in some form of asset. Would that solve the money problem? If you choose the wrong asset, you may find it not worth that much. You heard right: two things can have the same market price and still have different values.  Why do you want money? It brings freedom and power. But if you know anything about making money, you know that it …

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Recession Proof Jobs – How To Prepare For The Future

Examples of Recession Proof Jobs

How safe is your job? Are you making as much as you think you should? Do you feel worried about the future of the economy? You’re not alone. Millions of professionals wonder how things will change, or at least hope for everything to stay the same. But the world is changing more and more, needless to say in 2020. When things move so fast, you can’t solve your problems by just working harder. Recessions use to come sooner than anyone …

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What Is A Portfolio & How To Make A Good One

What Makes A Good Portfolio

What’s a portfolio, and why would you need one? You may be looking to: A portfolio should reflect the way you think and what past events happened as a result. It includes your work, strategies, qualifications, skills, and education. These documents aim to answer questions like these: It doesn’t matter whether we talk about qualifying a team or choosing an investment. People may have different beliefs about why you should or shouldn’t accept it. But at the end of the …

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How To Properly Close a Bank Account

When is It a Good Idea to Close Your Account

For a bank you don’t use, it makes sense to close your account. Perhaps you just found much better companies, or you can’t justify a monthly fee for the services received. Or you didn’t get a good experience with customer support. Luckily, you’re not trapped to stay with your bank forever. Unless you have some pending payments, you can close a bank account in five minutes or less.  But before you do it, you must take two facts into account. …

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eBay vs Amazon – Which One Is Better For You?

The Million Dollar Question

In a time when e-commerce is booming, we can no longer ignore online retail’s potential. Take a look at the last performance of the Ebay or Amazon stock. It doesn’t require much intelligence to see where the trend is going. The question is, are you going to miss it or take it? Like other millions of people, you might have thought of starting an e-com business. But that’s expensive: think of the inventory, storage fees, fulfillment, advertising, and last-minute changes. …

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Downside Of A Reverse Mortgage and Refinancing

Pros And Cons Of A Reverse Mortgage

Is refinancing your home a good idea?  What if you had to make no mortgage payments whatsoever? Rather than getting a home loan and making payments to the lender, the lender makes payments to you. Whether you pay back in a monthly or one-time payment, you’re not required to repay the loan until you pass on or move out of the house. Millions of seniors have wondered whether these mortgage types are worth the risks. Most of them have their …

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Suspicious Credit Card Charge? What To Do About It

How To Prevent Unexpected Charges

Have you ever found a charge you can’t explain? Extra costs, upgrades, late payments. Someone placed a convincing ad, you responded to it, but somehow you now pay more than you expected. It has happened to everyone. One assumes to know everything that is about the offer until you get your invoice. The majority has canceled subscriptions within the first month for this reason. It’s, of course, our fault for not revising the terms correctly. But what about the business? …

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Revenue VS Profit: Are You Making Or Losing Money?

Pros And Cons Of Increasing Your Revenue

These offers are everywhere. If you ever looked for ways to make money or start your business, you know what we mean. You find all these marketers: “make thousands of dollars every month!” It appears on social media too. “How I made $5K in 45 days.” “How to become a millionaire.” “How to build a $10K/month business.” If those titles hooked you, you might have clicked on some of those videos. Most people, however, feel misled by these promises: Did …

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Definite Guide To Credit Card Churning

What Is Credit Card Churning

Premium subscriptions, nice hotels, exotic vacations. That’s a lot of money! What if you could get all of these for a deep discount or free? While you’re wondering whether it’s too good to be true, thousands of people are already doing it. Of course, there is a catch. It’s not 100% free, but it’s far better than average. Credit card churning has raised interest as a method to make extra cash with ease. Not only you get cash-back rewards but …

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Bullish VS Bearish: What It Means And Which One Is Better

Bullish VS Bearish

“Investors have been bullish on this stock.” “The pattern anticipates a bear market.” “Anybody can make money in a bull market.” Every investor uses these terms at some point. No matter what you trade, you’re going to hear these in every description. Even today, people use them for topics with nothing to do with money. What do these terms mean in finance?  Bullish VS Bearish People often use these to express their confidence in a certain scenario. If I’m bullish …

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What Exactly Is Net Income? Know Your Net Worth

The Net Income Formula

We used to believe that the more money you make, the wealthier you get. But personal finance is more than working hard at the office. Most of us see it as a solution. Money brings freedom and choices, and it’s tempting to think that life will improve once we get more of it. Have you ever found yourself working for a promotion or project only to end up on a similar spot to where you started? Forget about those promising …

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How To Get & Fill Out A Money Order

Benefits of Using a Money Order

How could you send money to other countries without a bank account? Paypal? Checks? Cash? Here one unusual yet undervalued way to do it: money orders. These papers can be as good as cash, except that they’re safer and cost-effective (without having to spend countless fees). Here are a few reasons so many people still use them till today and a few drawbacks that will make you think twice before using them. Benefits of Using a Money Order Drawbacks of …

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Quick (But Powerful) Way To A Good Credit Score

How Long Does It Take To Build Credit

It only takes one Google search to find how to increase your credit score. But the problem isn’t that people don’t know how to do it but what they’ve done already. See, boosting your credit score isn’t a big deal. Keeping it high is a different story. It takes years to build up your score and only a few days to take it down. If you’re not careful, most mistakes will last years, if not forever. Make sure you’re following …

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Benefits Of Using Checks; And their Downsides

Pros Of Using Checks

Despite many payment options available, checks remain prevalent. Cash may be king, but when it comes to large sums, who carries that much with him or her? Reasons for using a check as your payment method are numerous and in this guide we will look at the benefits, pitfalls and tips on how to use checks most effectively. Pros Of Using Checks There are good reasons people spend billions worth in check every year: Security Not anybody can cash out …

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Cashier Checks VS Money Orders: The Difference

How To Use Both Safely

Personal checks don’t work for everything. Some transactions require certified funds, which is why cashier checks and money orders are useful.  Even though these third parties back your payment, you still want to pick the most secure. We’ll review the differences in price, limits, and protection. First, why would you want to use any of them? Unlike personal checks, money orders and cashier’s checks don’t require your personal information. You can send money without showing your checking account number, full …

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How To Do A Credit Card Chargeback

The Chargeback Process

Thanks to online shopping, practically anything you could ever want is as close as your personal device from which you can make an order. Advertisers all over the world are fighting for your attention and you seemingly have almost limitless choices. What to do if you are not satisfied with your purchase? Perhaps you did not receive something you ordered? Or you notice an unauthorized charge on your card? Should you initiate a credit card chargeback in every case? The …

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Definite 20 Rules For Successful Trading

Important Trading Rules

This post is an addition to all the traders of my trend follower forex trading system. However, it doesn’t matter if You could also consider printing them out on paper and placing them close to your screen or trading desk. These rules are stressed as keys to success, and it’s really very fulfilling when someone has incorporated them into his methodology and has had good success trading. There are some basic principles and rules that will make you successful regardless …

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How Short And Distort Schemes Work

How Does Short And Distort Work

Short and distort is a less publicly known trading scam similar to the classic pump and dump. Shorting is a word in traders’ jargon and means basically selling a stock, currency, crypto or any other similar financial item that can be traded. Imagine some stranger reaches out to you and says: “Buy this penny stock before it skyrockets, and you’ll get RICH!” It may feel exciting, but you don’t need to take action if you don’t trust the advisor. Now, …

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How Pump And Dump Schemes Work

How Pump And Dump Schemes Work

When was the last time someone helped you for no reason in particular? You get private information, someone sends money, or finds someone’s wallet. The help received makes you feel privileged. It may be luck, goodwill, and also a hook. No matter the purpose, that gift makes you trust the person.  The same can happen when investing. Imagine getting help from an insider who has privileged information about stocks. The problem is: Everybody talks about the penny stock rise. What …

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