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6 Books about Stockbroking You Should Read

July 12, 2016 by Daniel

Over the past ten years, bloggers have pretty much covered all aspects of stockbroking and stock trading, providing valuable information to seasoned and new traders. However, the value of information these blogs provide do not compare to what hard cover books, written by some of the brightest minds in the industry, have to offer.

Whether you are new to stockbroking or have been trading for years, you must make a point of reading these books to become more successful in the trade and to improve the profitability of every investment decision you make.

Here is a list of the top 6 books about stockbroking you should read at least once.… Read the rest

Filed Under: Financial Planning

Why Is Personal Finance Taught at Such a Late Age?

May 1, 2016 by Daniel

Not to say parents escape blame for not teaching their children about the beginning stages of personal finances, which include spending wisely and contributing to savings accounts, but why was it not taught it school?  Currently less than half of the states in the US require a personal finance class to be taught in public high schools prior to graduation.  Many of us actually do not learn until we make mistakes on our own, which as long as the issue is caught right will not cause long term damage, but continuing with current behavior and you could be off track, setting you years into debt, with little to no savings. … Read the rest

Filed Under: Financial Planning

A calculated gamble that could make your money work for you

March 19, 2015 by Daniel

If you feel like you spend your life making economies and trying to live on less, there comes a point when you decide you want the money you do have to start working harder for you. The big question is how to do this.

Many money-making ideas usually require having a lot of spare cash to invest in something like a buy to let property or a business. But what if you’ve only managed to put a little bit aside each month in a saving account? What difference can you make with that? With interest rates as low as they are at the moment, your savings certainly aren’t going to multiply when sitting in the bank.… Read the rest

Filed Under: Financial Planning

Financial Support for Single Parents

August 15, 2014 by Daniel

If you are a single parent, you already know how difficult it can be to make ends meet with just one income coming into the home. If you are struggling financially, it is important for you to know that there is financial support available for single parents. Below is a look at various place single parents can turn for financial assistance, including child support, governmental benefits, and local organizations.

 

Household Income

There are three basic ways that you can bring income into your home if you are a single parent, including wages, child support and income support payments from Centrelink.… Read the rest

Filed Under: Financial Planning

Why Updating Your Financial Forms is So Important

July 8, 2014 by Daniel

The reason updating your financial forms is so important is best explained by way of example.

A couple of years back there was a gentleman who, before he died of cancer, make sure that the balance of his retirement funds would go to his children by working with financial advisors and his attorney.

The gentleman however, unfortunately, made a mistake on his IRA beneficiary form. Where he should have specifically listed his children’s names and the percentage of money he was designating each of them, he simply wrote “to be distributed pursuant to my last will and testament”.

Since the form was filled out incorrectly, the man’s surviving spouse (who had married him just two months before his death) became the sole beneficiary of all of his money by default, all $400,000 of it, and his children got nothing.… Read the rest

Filed Under: Financial Planning

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