If you are trying to figure out why you can’t make ends meet, or even if you’re just trying to get a grip on how you spend your money, there is one indicator you should pay special attention to. I call it the “Confidence Factor.” The Confidence Factor is the percent of your household’s take-home pay that is spent on the categories of food, housing, and transportation. The lower that number is – the better your chances of avoiding financial difficulty.
Here is a quote from ‘Coin Toss’ from Illinois. “The Florida schools might loose some funding as a result of this but all too often any state with a lottery that talks about ‘bucks for education’ uses ‘voo doo’ accounting and those ‘bucks for education’ become a part of a shell game”. Below is a graph on how they spend the money for ‘public enhancement’, including links to view their Annual Report Printing and any other financial matters.
Many people spend energy trying to be more efficient without first doing what’s important: setting goals. It’s like being lost on your way to a new city. Driving faster doesn’t help if you are going in the wrong direction. Figure out what direction to go in and head that way.
Limited liability companies are great for small business and start-ups. They are very easy to form, and you won’t have to worry about too much paperwork (depending on your state). In some states, you don’t even have to file an company annnual report. LLC protects your personal assets. Whether you are a blogger or own a small shop, you could always get into financial trouble. Wouldn’t it be nice if your personal assets were off-limits? As long as you keep your LLC compliant, you won’t have to worry about losing your personal assets if you are sued.
In this week’s Screen of the Week article, I talked about earnings surprises and how you can take advantage of them after a company reports. But in this piece I want to talk about how you can trade the potential for an earnings surprise (or any big event for that matter) before it happens and without having to worry about whether you guessed correctly or not. With strangles and straddles you can do just that.
Many developers of subdivisions and gated communities reserve the rights to minerals, water and other resources when they sell lots. It might be a real shock to look out the window of your dream home and see an oil derrick pumping away, or someone digging a mine.
These common misconceptions are the response to investor’s bitterness of poorly managed securities. For what it’s worth, that’s up to you. But with sufficient research and a promising future market, penny stocks can yield gains far greater than you could have imagined…