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Do you want to know how long it will take to double your money?  Most investors do.  Are you interested in the expediential growth of your money?  Have you ever tried to calculate the rule of 72? When I first started to read personal finance and investing books, I learned about the math behind what makes investing work.  The big driver behind what causes your money to grow is compound interest. While I was studying,
I recently attended a leadership training seminar at a local college.  This seminar was about managing the multi-generational workforce.  The facilitator covered many topics and I am not going to get into any of those details in this post.  He said many interesting things, but the one statement that made me think was that he said that we should always be intentional. Everything we do should be with intent.  Our actions should have an intended outcome.  Our words should have
There are many different approaches an investor can take in managing their money.  Some approaches are hands-off and require little effort to maintain the desired asset allocation.  Other approaches are more time intensive and might require daily or weekly management.  There are other approaches that fall somewhere in-between.  The key to success is to define your investment style. No matter how you decide to invest, you need to have an investment philosophy.  It should be
Money can do many things.  If you have money, you can live life to the fullest.  Money enables people to cover all their necessities including food, shelter, and healthcare.  Having money is a key requirement to get the best education in the classroom and by way of traveling the world.  Money is also required if you want to add convenience and have some luxury in your life.  Money is tied to almost every aspect of
There are many different economic factors that can change interest rates.  The Federal Reserve can act to change interest rates.  Interest rates can be lowered to increase borrowing and spending during a slumping economy.  Interest rates are also used to manage inflation.  No matter what causes the change in interest rates impact bonds. The change has a direct impact on how bonds are priced.  When interest rates increase, the value of existing bonds decreases.  The