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How do the Wealthy Invest?

If we knew how the wealthy invest, we can begin setting the stage for our own financial success. Who else can teach us the prudent and secure steps toward increasing our chances of building wealth than the rich themselves who constantly ponder ways to do so? In spite of the fact that the wealthy also make significant mistakes that affect their gains, they remain on top of their game and bring in m...

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What Should You Invest In?

Stocks, bonds, bank accounts or IRAs? How do you choose?With several types of investments to choose from and also thousands of sub-categories under them, finding the most suitable investment choice can be a daunting task.First off, the main consideration in any long-term investing decision is the rate of return expected from it. At times though, investing in short-term investment can enhance your ...

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Learning How to Invest (Part 2)

Planning and setting objectivesInvesting is a long-term process, like planning a long vacation. Ask yourself these questions before you embark on this endeavor: What is your destination? (What financial goals do you have?) How long is your vacation? (What is your time frame in investing?) What should you bring along? (What investments forms will you choose?) How much gas do you need to use? (H...

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Learning How to Invest (Part 1)

What is investing all about? How do you start?If you have decided to enter the world of investing, learning how to invest must now dominate your time and focus. Two steps will help you on your way.Initially, you need to rebuild your financial outlook to prepare yourself in investing. After that, learn the technique of investing, for example, how to open a brokerage or a mutual fund account. These ...

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How the elderly can be financially-protected

Getting old can bring about so many challenges which schooling and early experience could not train and prepare us sufficiently to eliminate or minimize the pain and loss. Take the case of Max Tharpe, an accomplished photographer, who managed to inherit a large stash of stocks which afforded him a comfortable life in retirement. Having no heirs to pass on his estate, he chose to donate his wealth ...

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