There are several wealth studies out there that state the following:
“The poor buy necessities.”
“The middle class buy things.”
“The upper class buy income.”
What does this mean?
Without judging one group over another, I think it means that the lower income levels spend all or most of their income on housing, clothing and . . . → Read More: Invest Wisely (Don’t buy that stuff!)
Having cash, paying with cash, giving cash gifts, carrying cash, getting cash, all have the same effect. Cash affects how we perceive ourselves. . . . → Read More: Cash in Hand
I read Cracked a lot. I like laughing while I find out things I didn’t know about before. I was wondering how I could breach a subject I have not touched on before and exactly what that subject would be as I was deciding on what to bring to you fine folks today, when I . . . → Read More: Why we are only happy when it rains.
Your perception of wealth will determine your thoughts about wealth and that will lead you to a belief system concerning wealth and that will reveal your wealth reality. If you find yourself dis-liking your wealth reality, then you MUST change your perception about wealth. . . . → Read More: Perception, Perception, Perception!
Ever since the “swindler” was created, there have been Ponzi schemes, so named for Charles Ponzi. . . . → Read More: “P”onzi
Have you ever asked yourself how to find the best price to pay for a Call Option or do you just rely on your financial broker recommending the right option for you to buy? If you have ever wondered how to calculate the best price for an option contract, and want to find out, you . . . → Read More: What price should you pay for a Call Option?
The reason to buy a put option is based upon your expectation that the price of ABC stock will fall from its current value and it will fall soon. . . . → Read More: Investing via the Put Option
I am very much in favor of having positive thoughts and words. Having stated that, one must acknowledge risk and be aware of how to manage it. So – are there risks to buying a call option? Absolutely. . . . → Read More: The Downside to the Call Option
If you need some encouragement, buying Puts and Calls can definitely make more profit for you than if you buy the stock at face value. There is some risk, but you should not be in the equity market if you are afraid of risk. . . . → Read More: Making Money Using the Call Option