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Investing in entertainment: Turning your hobby into a promising portfolio

Investing in entertainment can be quite a profitable venture if done correctly. This is where you as an investor can turn your hobby into a promising portfolio. Your hobby may be movies, music or sports, and getting involved in the investment side of something you love may provide not only financial reward, but also great personal satisfaction.
Risk management in entertainment sector investments
When undertaking investments in the entertainment sector, it is important to have a good risk management strategy. This is because some of the investments may be capital intensive, and …

Headline, Personal Finance »

Financial commandments for the 20-somethings – Tips to secure your financial future

Way back in the year 2008, people in the US and throughout the world were familiar with the term ‘Recession’ and ‘sub-prime mortgage crisis’. There were reporters from famous companies that asked the financial experts to share some worthy financial advice for the 20-somethings during that time. Back then, the young generation found it tough to land up with some well-paid jobs and pay back their credit card and student loan obligations. However, it is really sad to note that whether it was the time during Recession or now, the …

Business, Headline »

8 Benefits of Being Self-Employed

At one point or another, a lot of budding entrepreneurs, like Steve Wynn, face the same decision: leaving behind a job that offers comfort and stability, but not the room to grow. Sure, there are lot of down sides to working from home, like never being able to separate from your office and having clients feel like you’re on-call around-the-clock. Luckily, there are a ton of benefits to self-employment, too.
1. You’re in control of your life. Entrepreneurs tend to be the type of people who love taking control. When you’re …

Headline, Investing »

Play to Learn & Make Learning Pay

It can take quite a while to get to the point where someone can feel comfortable playing the markets. For many such reservations are enough to keep them out of the market for good. It can seem as though wading through all the complexity and learning a whole new vocabulary is more trouble than its worth.
Needless to say, this is a mistake. There are, however, ways to soften the blow, to develop a familiarity with the way markets and market operators work and thereby to open up the possibility of …

Business, Headline »

8 Common Inventory Hassles and How to Fix Them

Inventory problems are very common, but they aren’t insurmountable. Here are 8 common problems and how to deal with them quickly and effectively.
You have Too Much Inventory
If you’re nervous about running out of stock, you might be tempted to overstock. Don’t. Start with a decent projection of sales and use your tracking software to help you calculate the rate of product turnover. This helps you manage inventory risk and reduce overstocking.
You Have Inaccurate Tracking 
If you aren’t tracking things, or you’re not tracking them very well, this will have a huge …

Headline, Personal Finance »

Benefits of a Financial Advisor

A financial advisor is someone who assists another person with their financial decisions. They can’t make a decision for their client, but they will provide their best professional advice. When money is tight, a person can benefit from having an advisor close by.
What They Do
Financial advisors will usually have a profile on the Internet, which displays what they are currently doing. Pete Briger’s profile, over on Xing, does exactly this. A profile will usually consist of the individual’s current position within a company, how long they’ve worked there, and where …

Headline, Real Estate »

[17 Mar 2015 | Comments Off | ]
7 Things You Should Know Before You Become a Landlord

Some people envision being a landlord as the best gig in the world. What could be better than just sitting back with your feet up watching the cash roll in? Nothing, that’s what! Except, that doesn’t actually happen when you’re a landlord. If you plan on becoming one, here are 7 things you should know first:
1. You Won’t Always Have a Tenant
There may be times your property doesn’t have a tenant. What does this mean? You’re going to have to foot the bill. You need to make sure you have …

Headline, Personal Finance »

[16 Mar 2015 | Comments Off | ]
The IRS and Generation X

The only things certain are death and taxes. But if there is one thing we know about the young, it is that they have almost no sense of their own mortality. So for them, taxes is the only certainty. Ah… to be so young…
While it would be nice if we allowed everyone under thirty to earn as much as they can completely tax free, such a thing will never come about in our lifetimes. In the U.S., if a newborn could earn money, the newborn would pay income tax. That …