Showing posts with label manage money. Show all posts
Showing posts with label manage money. Show all posts

Wednesday, September 18, 2024

A person who invests can use that invested money for future needs

 There are many reasons why we need to start investing for our happiness. If we are financially empowered, we feel secure, and it makes us really selfishly happy. The world of income potential: investing can provide you with a world full of opportunities and multiple ways to earn income. You'll be able to save while you earn and then invest in more sources of income outside of your traditional job. Paving a path to financial security It's important for today's workers to understand that their careers may not always last, so it's best to embark on smart investing if your income stops when you're older, retired from the workforce, or, worse, terminated from employment due to illness. A person who invests can use that invested money for future needs such as retirement, medical emergencies, and consumer financial goals. For each type of investment there are certain guidelines and restrictions that must be followed by the investor. Investment:


investment is putting your time and money into a project and hoping that the return is more than your contribution. In other words, investing is an act of risk-taking that can result in a profit but at the same time create a loss.

Author: Sezgin Ismailov

Saturday, November 12, 2022

Learn to manage money not have it.

Much has been written on this subject, but I am expressing my opinion.
First, you need to know what a stock is and how many types there are.
Second, you need to have some idea of accounting.
At least be a little familiar with assets and liabilities.
Then think about which business has the future to target that niche. Then review the Global 2000 of the big companies. Then look at the Fortune 500 of the largest firms. Then track which countries have growth potential. Assess which goods and services have huge potential. There is a lot of information on publicly traded companies. Read and read again about the company you are interested in. Get to know it. The better you get to know it, the more information you gather. Nothing is certain in this world. Like a hotel chain, but a new crown comes out and can crash the stock. You like a snack chain, but there's a big gaffe going on with menu cleanliness and ingredients, and the competition takes advantage. The most important thing is to like the company and have as much history with it as possible. But don't overlook the upstarts who have a future in time. The risk is sometimes worth it. Companies that produce robots or software have a future, but the question is which one will establish and hold more. It all comes down to the management of the company. That's why people always talk about the CEOs of giant companies. Whoever had a successful advertising company succeeded with more sales. Not that he had better-quality merchandise. I love dividend stocks. You invest, but you get income. Kind of like usury. If a company pays a dividend, it means it makes a profit. But someone may have taken out a loan just to pay a dividend. You have to watch their balance sheet. But one should definitely invest. Because their money in jars is not increasing but losing value with inflation. You have 10,000 dollars in the bank or in your savings. On the same date, when you put it in, look at how much a particular item costs at the store. In two years, go and look at the price of the commodity and draw your conclusion. With the money that you had, you could have bought, say, 10,000 pieces, assuming that the item was priced at $1. And after two years, the commodity has become $1.20. How much product would you buy? Certainly less. This is why money likes to move, not sit. Learn to manage money, not have it.

 Author Sezgin Ismailov

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