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I love the movie Back to the Future, and wished I had the car to go back in time and slap myself. Once my 20 year old self recovers from the shock, I would give the young stud these 7 key financial advice.
Index and Funds is the only way for a low capital portfolio to own a host of amazing companies in your portfolio. Buying a single share of Amazon, Google, Facebook and Apple each would cost you almost $3,000. However, some index or funds allows you to own these four companies and other quality companies with a low capital of $100. This would encourage a self-investor to save more money every month for a contribution.
Many UK residents do not comprehend how generous the government is to tax payers who save money! Yes, its all about the ISA, ISA, ISA. I have been blogging many times over the course of my blogging career to stress how fantastic the UK ISA programme is. As written on the tin, UK ISA is a tax free programme which limits a contribution of £20,000 a year in the 2018/19 tax year. If you invest this £20,000 in stocks and shares and turned it into £1m, the entire amount of money is TAX FREE!!
When you start a business, you have many visions and dreams of what it will turn into. You hope that it will be a success, you work hard to make it possible, and slowly but surely you start to see the fruits of your labour. So what is next?
When it comes to business we can all think we are making the right choices and decisions each day. The main goal is to move the business forward, right? You want to increase your sales, improve profits, and push the boundaries you once set and smash the personal goals.
It’s never been a better time to set up your own company and begin selling to the public. We are living in the age of the entrepreneur, when all you need is an idea and determination to make a business successful. Even money, so long a barrier for people who wanted to start their own business, isn’t as important as it used to be.
Even though there will always be rises and falls in the property market, it’s often a great way to invest your money. Even if the value of your slice of real estate drops from time to time over the years; you’ll still have your money secured in a valuable asset, that will no doubt increase in value naturally.