Financial

Achieve Financial Freedom

Achieve Financial Freedom

First Council to become a millionaire: No live like a millionaire

Warren Buffett says that in this life when you decide to start a plan to get rich so as to achieve financial freedom, there is an initial advice is the first step you should be very clear. In this life you can pretend to possess wealth or wealth, but both are totally incompatible.

Buffett says wealth appear to cost money that could take the opportunity to invest it, and that is why he has not spent on luxuries. We named Warren Buffett because it is the character of current fashion, as these assumptions remain the exclusive club of millionaires in the world.

Despite what we see in movies, the true millionaire does not drive a late model vehicle, as they are financially educated so they know that a luxury vehicle is a valuable asset that depreciates very profitable over time. Even as possessors of works of art, some do not even like art, but are aware that today, some works of art its value will rise well above inflation.

Another tip that gives us the big millionaires even jokingly is that if you want to be a millionaire once married a woman with saving more than you. Why is Donald Trump Forbes list of the 10 richest men in the world?

Simply because he had a “riot” loving and spending a fortune in divorce could have taken third world hunger. What our friend Robert Kiyosaki? Well Robert, I really do not want to be rich, but to achieve financial freedom, so it continues to receive income now profitable while he is traveling halfway around the world.

Rarely does a millionaire has a Rolex, and if so, generally has purchased 33% of the benefits it has brought some of its past investments.
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Investors in the Stock Market Myths

Investors in the Stock Market Myths

If you present a person today and asked him “What do you do?” ‘I’m investor. .- Automatically invest in stock your brain processes information and the first thing is that you think ahead to Gordon Gekko or Warren Buffett, a person much smarter than you and probably millions.

Some time ago we discussed some myths of the bag, as the myth of the people who were ruined by investing in the stock market, which we explained that if it did, it did not follow some simple tips to deal in securities or committed serious errors inverter.

Today we talk about some myths in the stock market investors, as sometimes confuse some terms that are often far removed from reality.

1. A stock investor is a person with a lot of money

To deal in securities need only saved some money that you will not need the coming years. It is true that there is no minimum amount to invest in stock, but if you put only 100 €, you will probably lose money because the cost will eat the commission. With 1.000 to 2.000 € you can start investing in the stock market perfectly.

However, it is clear that the more capital you have, the more money you can invest and therefore receive higher profits.

2. A stock investor is a person with many studies

I’ve always wondered what career to study and learn invests in stock market mastery. At this point I want to be completely accurate so that nobody can say “throw people adrift.”

I’ve always separated the intelligence of a college degree, because one thing leads you to the other. A doctor is not smarter than a vehicle mechanic, although some people insist on saying yes. If we put both of them a test, the doctor would respond better to the question “How many muscles of the human body,” but the mechanic better answer other questions based on the motor world. One thing is intelligence and other knowledge in a subject.

We will not deny that at the time of investing in a career full of knowledge in finance is not going to help you, but I will not say that such knowledge cannot buy on your own and end up learning concepts that a university has never heard.
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