Investing Your Money In Gold

Diposkan oleh Poolo-nez | 11:35 PM

investing money in gold
Gold Investment
Since centuries ago many people investing in Gold or saving assets of their wealth in the form of these metals. Why? Since this precious yellow metal is everybody’s dream due to its uniqueness: a blend of beauty, rarity, and its weathered and of course barely cracked in time.

Gold also has been used as a reserve of wealth and means of exchange in the community. The people generally want to own gold as insurance against things that are not unexpected in lieu of cash.
Even a few years back gold was regarded as an asset that should be owned by investors as part of their portfolio. Gold Investment may be intangible in the form of gold bullion, gold leaf, shares in gold companies, gold investment company, letters of gold futures and gold options.

You should know that the monetary authorities such as the Central Bank and the International Monetary Fund (IMF) has long used its wealth of gold as a reserve. What are the implications? The public would be confident knowing that Central Bank gold saving - an enduring asset and goods that tend not affected by inflation as cash.
Gold investment is still viable for the short term. The reason the world gold price is expected to level or price of 1550 U.S. dollars per troy ounce until the end of 2011. In this week's gold price trading gold on the world market of about 1475 U.S. dollars per troy ounce last month but only U.S. $ 1437.58 per troy ounce.

Initially, following the improving world economy, investors began to invest U.S. dollars, so that investment occur evenly between gold and stocks, which means the increase is linear when the U.S. has also been improved. But recent U.S. economic recovery is slow cause the value of the dollar down, so prices are soaring price of gold.

"In addition to the Libya crisis, the bargaining position of the U.S. dollar is still weak, so many turn to invest in gold. This condition coupled with China and India are aggressively buying gold," Kelvin Han prediction of ATPF Traders Academy after the seminar on gold investments, Saturday (9 / 4 / 2011).

Interestingly, this experts of investment from Singapore predicts, after the price of gold reached the top end of this year, the price will freefall. He even dared to predict the price dropped only worth 1200 U.S. dollars per troy ounce but will rise again. "When the price of 1200 U.S. dollars per troy ounce time to buy. Price then crept up and skyrocketed, could even exceed 1650 U.S. dollars only but can be up to 2,000 U.S. dollars per troy ounce for another year or 2012 so that benefit the investors," said Kelvin.

Since 2001, gold became one of investmnet products that deliver a positive return or result in any calendar year. A money USD 1 million invested 10 years ago when it will be worth more than $ 4 million. Meanwhile, if in the form of commodities will only generate USD 3.57 million, 2.68 million for oil and only $ 1.9 million in bonds

Gold can also be traded for profit so there is good gold spot market and futures. When we went to the bank or mortgage Islamic banks do exist "opportunity cost" of gold store. But cost savings is worth is far smaller than the average increase of gold each year. Opportunity cost of storing gold in the bank or mortgage Islamic banks could be considered much safer than you keep it in your own home.

But of course you are not advised to put 100% of your assets in gold investment or any investing portfolio of assets , it was not wise if you put all your eggs in one basket though gold prices tend to rise steadily from year to year.

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Am I Already Investing My Money..

Diposkan oleh Poolo-nez | 8:30 PM

Dare you to ask yourself " Am I already investing my money?". Some believes they already did it by saying that they saved their in bank, bought gold and had mutual fund allocation. For those of you who have the same investment I'm not judging you wrong for doing that, but if you ask me whether you are going to get rich by doing that I clearly state "Sorry You're Not Going to be rich".

invest wisely
saves to build asset
So why some experts suggest us doing those three kinds of investment? . Well you should see that in a whole perspective and this is my perspective of the whole idea. 

Gold and mutual fund are used as the financial planning instead of savings. Other kind of financial planning instead of savings could be other investment that mostly you would consume the whole of it after some years.

As the main invesment that you invest wisely is active asset. What is active asset? I think all of you were already famous with that words as Robert T Kiyosaki reclaimed the words as the major effect of achieving financial freedom. I could'nt agree more with Kiyosaki, active asset could deliver you regular income in years and raise your total capital modal as you put your investment on the right asset.

As you're neither Ivanka Trump nor Paris Hilton that were born with active asset already on their hand, you should save your money first to build the active asset. That is why you need to save that in gold or mutual fund  first that within some years you should start your goal to build your own assets.

So financial planning instead of savings are used as the ladder to reach the active asset, for example your goals is in property which is to have an  apartment of $750 Singapore dollar in Singapore, then you should start at least by seeking the down payment first maybe it that 3-4 years for you to disciplined yourself by continuously save your money to gold or mutual fund. Let's remember goal and discipline are the most important thing in investing.

Another way you could directly invest in stock, derivatives or discretionary fund as those investment could be start with less money. Warren Buffet did it huh.... As the most popular investment is investing on stocks, you could directly start by opening an account on securities firm. The choice are many as you could be trader or investor. if you choose to be a trader you should invest a lot of time to analyze information before you start to trade stocks. In case you prefer in the role as the investor you could do the stock pick and trade just one times to re balancing the portfolio.

Finally how long can you start your active asset from now?, it's up to you and your creation. Once again investing money wisely need goals and discipline. You must own active asset!!!


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Investing Your Money Wisely on PTC

Diposkan oleh Poolo-nez | 2:24 AM

Have you ever invested the balance in your PayPal or Alertpay to a PTC site?
Before you answer that question, for those of you who already have ... "Do you ever feel lost?", And to which has never been "Have you feeling confident with your investment?"

YES! All that needs to be done with the planning and calculation and goal setting. If you just want to try-try, it's better just give your money to me ... . No..No.. it's joking, .

Ok, now I want to share my experience and knowledge about tips on how to wisely invest your balance in a PTC. . .




1.    Watch carefully the Alexa ranking of these PTC sites, although this way its not an absolute certainty, but already 20% to help you to predict the bagusan PTC sites. You can install the Alexa toolbar or go directly to the site and copy paste the name of the PTC sites you want to invest.
2.       Secondly, you notice the ads that is in your account. Note ARE THE ADVERTISING OFTEN CHANGE? or not. The basis of its assessment, when their ads are often changed, it was a sign the site PTC is in much demand, and flow of funds will not be jammed.
3.       In Valuebux that I was a bit hesitant, because it was days or even months, Its  ads not changing .. I think a lot of advertisers are not interested.
Before you invest your balance in PTC,should you compare between a PTC and PTC  with others in performance bux for example, offered a very cheap package. Only $ 2 (it was bought traffic and referrals).
A few tips fthat maybe usefulfor those of you who maniac in PTC, and for those who want to buy traffic or just upgrade your account.

Commodity Investment Gets Charming Again

Diposkan oleh Poolo-nez | 1:01 AM

Commonly known commodity like oil, rice, cocoa, metals, and gold could be popular again for a while, as happened in case the stock markets around the world to give investors a poor return.

The rapid growth in populous countries like China and India and rising consumption in emerging markets also pushed the need for more oil, more coffee, more meat and more rice.

Commodities offer protection from inflation and chaos. Understandably, commodities are the major needs, anyone can not escape from it; so different from other assets such as stocks and bonds. Commodities also have a "form" so the concept of investment into it more easily understood most people. These are just some of the reasons why commodities are so attractive in the eyes of many investors.

Retail investors can invest into commodities through a variety of products such as commodity sector stocks, indices of commodities for investment, commodity index futures, commodity mutual funds, commodities and managed futures. Equity investments in companies that deal with commodities gives you exposure as you wish without buying commodity-related. But these products also expose you to the stock market turmoil. Derivatives such as managed futures suitable for protection (hedging) with little or no capital.

Most people think of oil right choice for investors who want to reap the benefits of strong economic growth period. But other oil investment products, such as oil futures or stocks of oil companies, need constant and careful supervision. Why? Partly because of the turmoil caused tremendous influence from various sources such as international institutions, politicians, and other interested groups.

Water-related industries, such as those responsible for providing drinking water and waste water processing services, including the world's largest industry. Now, with demand increased manifold, they intend to expand further.

Agricultural commodities-oil fared the same as suffering from the turmoil, considering agriculture including politically sensitive industries, plus the high sensitivity of the needs of food prices. Also, the accumulation of agricultural products commonly done during the inflation of food or a bad season. Therefore, if you need a tool of protection (hedging), agricultural products worth your consideration. Also if you are experienced investors who are willing to face a greater risk for greater potential returns.

Tips for Commodities Investors

1. Total capital, without any income. Since there are no dividends, investors see more stable income than capital growth in commodity investments.

2. The scarcity of commodities will still last long enough. Lack of investment in extraction, production, and transportation of commodities during this-until recently-restriction resulted in inventory, it also increases the price that has never happened before in various markets. Manufacturers recently reversed the trend is minimal investment, so keep in mind: it may take quite a while before supplies could offset the need.

3. Beware of speculators. During this bad reputation arising gejolaknya commodities and many speculators who intend to pursue an aggressive return. When prices in the cash market is lower than the prices in the commodity futures markets, speculation factor could be higher than the underlying needs. Know the risks before investing.

Savings : Good For Habit But Not For Future Investment

Diposkan oleh Poolo-nez | 6:59 PM

Is there Anyone who has never heard the word “Savings is Future Investments”. From childhood to adulthood the word savings is always around us.

Any wise person would suggest that we have a habit of this one, save for a secure and profitable investment, set aside a small amount of money  on a regular basis.

Save a little money is good. Especially if it is done for children’s need , children's education, up to securing  the things that are not expected. We were advised to have cash to finance our life for half to one year.
But if you look deeper, the habit of saving could be something bad, at least when viewed from the perspective of your future investment. Why is that? Purpose for which you deposit your savings... Your goal to "consume" is very different from your goal to save for "investment".

Examples of purpose saving to "consume" is that you are saving to buy a new TV, new cars, vacation packages, mobile phones with latest features and so on. Your money will just disappear.
The question now is, what if you save is not to "consume"? But for future investment risk as small as bank interest, deposits, checks and so forth?

That's also not a smart  strategy of investment in the future. Why do it? Because banks lend money that you saves with a 19% interest to its creditors, and pay you less than 5%. After all, if you are a Moslems, you are forbidden to take interest from lending money.

And you should know, the currency system we use today are based on value, not based on gold. One effect is the value of our currency is determined by many least amount of money circulating in the community, and always tends to fall.

History proves that from year to year there is always cutting the value of the currency. You do not believe it? Look, let's say you have money $1. When you are still sitting in elementary school, with that money you can buy one bottle of soft drink "famous brand". As for now, the price of soft drinks "famous brand" ranges between $2,0 to $2,5.

If you are used to save money and save money in the bank until now, how much the value of your money now? Compare if 10 years ago you bought future investments such as gold or a piece of land. Learn from the mistakes of the past.

However, future investment is an option. If you do not want to learn to invest because it is too risky, then the saving is a better choice than the investment in the future.

You do not need much to think, just keep your money in a safe place. But if you want a profitable future investments that require little time to think, immediately learn how to invest as well as its investment strategy.
Then find the business investment that you like and start investing. Do not do what people fail to do, ... changed his mind after taking a decision and waited for things to run perfectly

Spend Your Money Wisely on Shopping : Women!

Diposkan oleh Poolo-nez | 2:04 AM

Most problems of shopping is that shopping can not seem detached from the world of women. There are several opinions are already attached to her; like to shop, spend money, constantly follow fashion, and so forth. However, if we intend to manage the habit for those of you who like to shop, undoubtedly the value of the money we have will be more effective and wisely to spend or even get invested.

It is better to first identify the origin of your shopping behavior as a woman. It can also minimize the possibility of conflict with your male partner's caused by differences in male/female behavior in shopping.

Women tend to view money is a tool to create a lifestyle, while for men the money is a tool for collecting value. Behavior that appears in shopping was finally to be different. Because money is a tool for women to create a lifestyle, so they spend money on things that can improve their lifestyle. In general, women feel the need for more things to raise the acceptance of others towards her. Orientation of women in today's money is spent. As for men, they do not take shopping, but shopping to invest. Their orientaion to the future.

Not surprisingly, women spend more money on things that make day-to-day for the better. Most, she bought the goods that have no asset value (exchange rate), but the real value. However, different views of this money does not mean to legal the women to feel okay in the habit of spending. Apart from that, it seems wiser if we learn to manage money well. Consciousness about good money management is expected to be a kind of brake controller or when we will take a decision "what will we do with the money on hands?"

As said Richard J. Foster, "We are often compelled to buy something that is not too much we need, just to make our rivals or people we do not like envy, or be amazed by what we have". So let's make sure that the real motivation when we use money.

Next, consider this wisely suggestions following spending of your money and try to apply:

1.    No one requires you to buy something. You also do not have to have something good right now.
2.    Shop based on needs not wants
3.    Prioritize spending money; heed the obligation to pay / bills before spending it for the other
4.    Do not spend money at once. Plan to spend a certain amount, and stick to the plan
5.    Make sure you buy goods worth the money you spend
6.    Shop based on the money you have, not based on money you think you will get.


Saving Money on Groceries in 20 Steps (2)

Diposkan oleh Poolo-nez | 1:10 AM

11. Time Your Trip Wisely
First of all, you never want to shop for groceries on an empty stomach. Try to shop around 10 o’clock in the morning to avoid not only a rumbling stomach, but also the afternoon crowds. Additionally, ask your grocery’s deli and bakery if they discount meat and bread on a certain day of the week. One grocery store I frequent sells all its week-old baked goods for one cent on Wednesdays!

Save While at the Store
If you plan well for your grocery shopping trip, your battle is only half over. There are many ways to save at the supermarket, and many pitfalls that need to be avoided.

12. Only Buy What You Need
This may be the most important strategy to save money on groceries, as well as the most difficult to implement. You need self-control to resist the temptation to buy items that are not on your list.

On average, impulse buys increase your bill by 20% to 30%. Avoid browsing the aisles and lingering in the store. Instead, find exactly what you need, make your purchases, and leave the store as soon as possible to avoid being tempted. If this is an area in which you struggle, start off slowly by avoiding one impulse buy this week and trim additional ones from your purchases each subsequent week.

13. Consider Buying Generic Items
When it comes to store brand vs. name brand, I tend to buy generics when there is an item I need, but I do not possess a coupon for the brand name version. In many cases, there are very few differences between most brand name items and generic items, and to be honest, I have found some generic products that I prefer to the brand name, such as cookies, peanut butter, and even cola. Remember, some stores do not offer many generic alternatives to name brands. You may want to stick to stores that stock many store-brand products.

However, you really have to know when it’s worth choosing generic over name brand. Some products from the generic lines go head to head with name brands in terms of quality, while other products are sub par at best. If you buy poor quality products, you may end up tossing them out and wasting the money altogether.Here’s a rundown of what to buy, and what to avoid, when it comes to generic brand products:

What to Buy from Generic Brands:
Food Staples. Your basics like flour, sugar, cooking oil, and butter will always taste, and work, the same regardless of what the label says.
Canned Produce. Any basic canned fruit or vegetable will taste the same in a generic brand can. However, you may want to stick to the name brands when buying the fancy mixed fruit cocktails – the generic brands never give you enough cherries.
Frozen Produce. Name brand frozen produce typically costs twice as much as the generic version, and the store brand often gives you more per bag.
What to Buy from Name Brands:
Meat. I’ll skip my slimy chicken story and just tell you this: If you’re a stickler for the quality of your meat, you won’t be happy with the generic brand. This goes for everything from t-bone steaks to frozen chicken strips.
Paper Products. Generic brand paper towels and toilet paper do not hold up as well as the name brands. You end up using twice as much for the same effect, which does not save you any money in the long run.

14. Check the Unit Prices
To ensure that you are getting the best available price on an item, check the unit price, which can be found on the item’s price tag. You need to not only compare different brands, but also different sizes. While buying a bigger package often costs less per unit, that is not always the case.

If you have a calculator – perhaps on your smart phone – use it to do quick calculations when you need to factor in sales and coupons. Just because you have a coupon doesn’t mean the cost per unit is less than another brand or generic.

15. Look High and Low for Savings
Grocery stores use many marketing tactics to coerce consumers into selecting the most expensive items. For example, stores often stock the most expensive items and brands at eye level, and place the cheaper items and brands on the higher and lower shelves. As you are going through the store, remember to check all the shelves for potential savings.

16. Skip Prepared and Pre-cut Items
It can be a great time-saver at home to use prepackaged and prepared foods. Many grocery stores also offer pre-cut or pre-sliced items, such as chopped green peppers or cheese trays. While these types of items are certainly convenient, they are expensive compared to non-prepared items.

Whenever possible, make your food from the most basic ingredients, or even from scratch. I have a friend who makes most of her meals from scratch – she spends only $40 a week on groceries for a family of five without the use of coupons!

17. Buy Aged Meats
Like wine, meat gets better with age. However, many meat departments sell the older meat at a discounted price. Even if a package has an expiration date that is quickly approaching, don’t be afraid to purchase the meat. In fact, you may agree that these clearance meats taste better than the newly stocked meats.

18. Leave the Young Kids at Home
This can be a challenge for me, as I would rather shop during the day and bring my son than go in the evening when I’d rather be relaxing. But the fact is that when I bring my son with me, I spend more money. As stern as I try to be, it’s easy to give in when he sees something he wants. Furthermore, I find myself rushing, and I end up quickly grabbing what I need instead of taking the time to compare unit prices and get the best deals.

19. Pay with Cash
When I go to the grocery store, I give myself a budget of $100 for the week. While having a goal is great, it means nothing if I can’t stick to it. Therefore, I bring cash with me when I go to the grocery store. Even though I always carry cash, I bring cash specifically designated for my groceries as part of my envelope budgeting system. If I only have $100 to spend on groceries, then I can’t possibly spend beyond my budget.

20. Watch Your Purchases Get Scanned
Items get mislabeled, and products don’t always ring up properly in the system. Sometimes coupons get incorrectly scanned, or cashiers type in the wrong codes. Notify the cashier if there are any problems, and if you are unable to watch the cashier scan your items, make sure you check your receipt before you leave the store to see if there are any mistakes.

Final Word
If you are not in the habit of keeping track of your grocery budget, now is a great time to investigate just how much money you are spending. The number may surprise you.
Like most people, you likely have a desire to save money on groceries. If you’re worried that it may be too time-consuming or too difficult to focus on your budget, just keep these 20 tips in mind – there are many easy ways to save!
What strategies do you use to save money on groceries?

Saving Money on Groceries in 20 Steps (1)

Diposkan oleh Poolo-nez | 1:05 AM

Saving money on groceries begins before you step foot in the store. Take time prior to shopping to prepare for your trip – your time invested will really pay off!

1. Create a Menu
Although it may not sound fun, especially if you are the spontaneous type when it comes to dining, creating a menu for what you plan to eat between shopping trips is one of the best ways to save money on groceries. Making a menu ensures that you will have the proper ingredients to prepare a healthy meal at home every night instead of going out to eat or ordering pizza.

Additionally, creating a menu and forming a grocery list of necessary items will enable you to buy everything you need in one trip. This will keep you from forgetting to purchase crucial ingredients, which would cause you to waste time and gas money going back to the store.

2. Design a Standardized List
In addition to items needed to make dinner, you will likely need to purchase items for breakfast, lunch, snacks, and cleaning at the grocery store. Oftentimes, I find that I am so focused on getting what I need to cook meals that these items are forgotten. If I don’t leave them off my list completely, I buy far more than I need!

To avoid this problem, make a standardized list of what you buy on a recurring basis, such as several boxes of cereal, a loaf of bread, diapers, and laundry detergent. This is a great time-saver, as your grocery list will always be partially completed before you even start.

3. Check for Sales
The grocery stores put their weekly sales ad in the Wednesday edition of the local newspaper. They also post them online and leave a stack of ads sitting by the front door. Grab an ad when they come out and use it to put together your grocery list.

Every week I browse through the grocery store circulars before I make my menus, and I make mental notes of what is on sale. If chicken is on sale, I structure my meal plan around chicken dinner recipes. If it’s pork, then we eat pork. If nothing good seems to be on sale, I’ll focus my meals around rice and beans, which are an affordable alternative to meat.

By perusing the circulars, I also learn if there are any items I should stock up on while the price is low. Items generally go on sale in six- to eight-week cycles so if a certain item on sale this week, remember that it is not likely to be on sale again for another two months.

4. Purchase In-Season Produce
One way to stay healthy is by eating lots of fresh fruits and vegetables. Unfortunately, fresh produce can be expensive. To keep the costs down on your produce purchases, try to stick to fruits and vegetables that are in season.

For example, pears are in season during November and December and are less expensive during those months than they are throughout the rest of the year. Therefore, pears make great Thanksgiving and homemade Christmas decorations as well as delicious, affordable staples in your holiday meals.

5. Utilize Coupons
Whether you are an extreme couponer or a causal coupon user, coupons are of immense value to any grocery shopper. Although the savings per coupon can be small, they do add up. For example, I was recently able to save $20 while grocery shopping, even though many of my coupons were for only 25 cents.

It is important, however, to exercise caution while using coupons. While they can save you money, they can also cause you to spend money on impulse purchases. Remember to make your grocery list prior to clipping your coupons. This will ensure that you are not buying items just because you have a coupon. Those extra purchases add up quickly, and can end up costing you more than you save.

6. Memorize Rock-Bottom Prices
If you are utilizing coupons and sales, your goal should be to always purchase every item at its rock-bottom price. To achieve this, you need to memorize the minimum price of an item after sales and coupons, not just the lowered price.

For example, with a store coupon utilized during a sale, you may be able to get toothpaste for 50 cents. However, this is just a lowered price for toothpaste – you may be able to get it for free by combining a sale, store coupon, and manufacturer’s coupon! This means that the rock-bottom price for toothpaste is actually zero.

It may take a while to figure out rock-bottom prices, so it is advisable to jot down what you end up paying for items until you commit it to memory. Once you realize which items you can acquire for free (or close to nothing), you will never want to pay more again.

7. Know Store Policies
I recently went to Kroger to buy some groceries, and brought with me a stack of Publix coupons to use. I usually do not shop at Kroger, but assumed that they would accept their competitor’s coupons. However, while my groceries were being rung up, my Publix coupons were declined and I was unable to save any money. Had I known Kroger’s store policy of not accepting competitor coupons, I could have gone elsewhere to use them.

Verifying whether your store accepts competitor coupons is only one aspect of knowing your store’s policies. It is also important to find out if a supermarket does rain checks, doubles or “stacks” coupons, and accepts expired coupons.

8. Shop Monthly
An alternative to combining sales and coupons is to shop the least number of times possible. The more you shop, the more you will succumb to impulse buys.
To keep yourself out of the grocery store and spend less, try to shop only once per month, and only shop at a maximum of two different stores. While it is more difficult to utilize sales and coupons, you can still take them into account. However, the primary focus of this method is to simply avoid the stores.

9. Choose a Budget-Friendly Store
If you feel pressed for time and can not afford to spend time clipping coupons and matching them up to sales, focus more on shopping at stores that will save you the money with their generally lower prices. Walmart, for example, offers prices that are 20% less than competitors. Aldi and Trader Joe’s are also known to offer everyday low prices. If this is your method for saving money on groceries, avoid costly stores, such as Whole Foods and The Fresh Market.

10. Don’t Forget the Dollar Stores
While many dollar stores do not carry a wide variety of foods, there are a number of items you should buy at the dollar store, and some great savings to be found. One of my favorite things to buy at dollar stores are spices. At supermarkets, spices generally cost several dollars, and I never seem to have coupons, so I simply head to the dollar store to get a stellar price.

However, there are many items at dollar stores that are more expensive by unit price (due to smaller package weight or volume) than a regular grocery store, so shop wisely.


5 Steps to Have The Fun Later On!

Diposkan oleh Poolo-nez | 12:52 AM


Financial planning is a process of managing your finance in a discipline manner to achieve your desired target and purpose. That is one of the way to invest your money wisely. There are 5 steps you need to do:

Not only physical health, your financial health is also important and can not be ignored. In fact, your financial health should become the first priority before physical health because looking after your physical health will incur some cost.

This first step is very simple. Try to write down all your expenses in 1 month. You will be surprised when you find out where you spent your money on.
In addition, calculate all your wealth and your debts. If necessary, sell your assets to pay off all debts before planning to own something new. You may say your finance is in a healthy condition when you are free from debt.

Do not worry if you do not have any savings after paying off all your debts, because although you do not have any savings, you will be doing something much better for yourself.

2. Dream On! 

The second step is to plan your needs. This step can be done by having dreams. Yes, you are right, Dream On! Ask yourself, what do you want in life? A house on a Mountain? Jaguar? Five-star apartment? Beat the socialite and own many designer shoes, clothes and hand bags? Or even go to Paris for honeymoon?

If you have done dreaming, then you need to wake up and see if all your dreams have fit your wealth and income. If it hasn’t; you need to start dreaming again. But dream on more realistic dreams. And do not forget to set priority and determine what your first priority is.

One thing worth to remember, other than those amusing things, you also need to include the emergency fund as your priority. Emergency fund? What is that? Emergency fund is the fund needed immediately which arise from unexpected event, such as hospital/ medication fee. Of course you do not wish that to happen but it would be wise to set aside some fund for urgent needs, just like a saying “Prepare your umbrella before it rains.”

3. Categorize your financial needs

This step is very easy. You only need to categorize your needs according to its time frame. The time frame is divided into 3 periods, short-term (for the needs required within 1-3 years), medium-term (3-5 years), and long-term (more than 5 years).

Below are the examples on how to categorize your needs:
Time Frame         Financial Goals
Short-Term           Emergency Fund to be fulfilled
Medium-Term       Paying deposit for the house
Long Term            Prepare your retirement fund

4. Recognize the investment type that suites you

The next step might be difficult, as for some of you; this can be something new or something you have not done before. You can learn about the investment type from your family or friends who have planned (well) their financial, hiring a financial consultant/ advisor, or you can also learn it from this website on the Types of Investment section.

After you understand the purpose of each type of investment, choose the one that mostly suits your financial needs.

5. Self-Discipline is Good!
All the steps you do will be ineffective if you do not have self-discipline and high commitment. Both of these basic principles are very important for everything to work well. Do you wish to have a honeymoon in Paris and enjoying your Jaguar? Be Patient! The more discipline you are and keep strong commitment in investing, the faster you reach your dreams.

Start Planning Your Finance as Early as Possible

The earlier you plan your finance and start to invest, the lesser amount of money will be needed (for investment). This will certainly bring benefits for you as you can plan more needs. 

Where To Invest Money??

Diposkan oleh Poolo-nez | 6:52 AM

Before you ask yourself where to invest your money. You should define your goal first in investing money. Everyone has a different goal for the money they invest. But the most goal set up is to gain more capital. To make it easy to set up your goal, here are the 2 (two) major goals for investing money from my point of opinion.

1. To secure your capital (money) from depreciation;
2. To gain more capital

The goals will meet three categories of investment time, which are;
a. Short term (<1 year)
b. Middle term (3 - 5 years)
c. Long term (>5 years)

The combination goals and the investment time category you choose should reflect where you should invest your money later on.

I'll give you the combination and the place to invest in the next post.....

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How Much To Invest

Diposkan oleh Poolo-nez | 5:02 AM

Simple way to know how much you should invest your money wisely, this is my method

1. Sum all of your regular income in a month (A), any kind of income that you receive regularly in a month.

2. Sum all of regular expenditure in a month (B), then

3. (A) - (B) = (C_, if the result of (C) is negative there is no way you could invest your money; if the result positive, you can try to allocate 50%-75% of the (C) as the rest to be the store to your bank account as your liquid modal

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7 Tips to Starting a Successful Small Business

Diposkan oleh Poolo-nez | 11:32 PM

 Getting a small business off the ground is challenging to say the least. Here are some tips which will prepare the ground for running a successful small business.


Have Goals

This is where it all starts – the foundation for success. Know exactly where you are heading. What will the business ‘look’ like in the future? How will you know when your business is a success? When you wake up in the morning, do you know what actions you have to take to get you on the road to success?

Take Action

The difference between success and failure is down to the actions you take. The failures in life are the people who know what they have to do but never do it. The successful small business owners are people who take action on their ideas, ones who never say, “I wish I had done …”

Seek Feedback

There is a saying that feedback is the breakfast of champions. During the early days of your business you must continually seek feedback about all aspects of your business. What works? What doesn’t work? What needs changing slightly? Speak to customers, suppliers, your bank manager, your accountant – anyone who can provide you with a fresh perspective.

Find Out What Do You Don’t Know

You can’t expect to know everything about running a business. Undertake your own skills analysis and find out your areas for development. Once you know your knowledge gaps seek out courses, books and advice, which will get you on track.

Be Focused

Let no one distract you from achievement of your goals. At the start of every day get yourself into the frame of mind that you will only do tasks which will get you closer to your goal – nothing else matters.
Take Risks!

You will never achieve anything if you’re not prepared to jump off the cliff a few times! We’re not talking about risks which will put the business in jeopardy; just risks which are planned and thought out, yet at the same time test the edge!

Think Positive

Yes, the oldest cliché in the book, but totally true. See the positive in everything. If something has not gone right train yourself to ask, “What good has come out of this?” Understand that in every problem there is potential for good.

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