Warung Bebas
Showing posts with label financial planning. Show all posts
Showing posts with label financial planning. Show all posts

Saturday, June 23, 2012

Financial Planning and Reinvesting Your Passive Income




Reinvest money from passive income





My Cash Flow Framework



Cash Flow Diagram


HAVE YOU STARTED YOUR JOURNEY TOWARDS FINANCIAL FREEDOM?


No, what is financial freedom?
  7 (6%)
No, I don't intend to start my journey.
  1 (0%)
No, but I am preparing to start my journey.
  26 (25%)
Yes, I have just started my journey.
  40 (39%)
Yes, I am half-way in my journey.
  17 (16%)
Yes, I have achieved financial freedom already.
  10 (9%)



Source:  




Wednesday, April 11, 2012

Personal Finance - Part 1 of 12

The Financial Planning Timeline...in 90 Seconds or Less

Financial Planning Introduction



Review regularly.
Adjust financial goals.
Be prepared to act when situations change.

When is the best time to plant a tree? 20 years ago.

So, when is the 2nd best time to plant a tree? As soon as you can!







Tuesday, March 27, 2012

The Road to Building Wealth




The Four Principles

1 . Invest regularly.
You can begin by investing as little as $25, $50 or $100 a month. As your
resources grow, your monthly investment can grow. The important thing
is to invest on a set schedule over time.

2 . Reinvest earnings, dividends and profits.
If a stock pays dividends, reinvest them to buy more shares. If you sell
a stock, apply the proceeds to another investment.

3 . Invest in quality growth stocks and mutual funds.
With the right growth stocks and equity mutual funds, you can achieve
goals like doubling your money every five years with an acceptable
amount of risk.

4 . D i v e r s i f y.
A balanced portfolio includes companies of various sizes from different
industry segments and mutual funds from various categories. This kind of
diversification helps reduce risk and broaden investment opportunity



Also read:
Searching for Good Quality Growth Companies
http://www.investlah.com/forum/index.php/topic,23855.0.html
 

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