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Category Archives for "Make Money"

My Investing Advice

With $1000, you can start investing in many mutual funds. Here is what I would suggest: Invest in a low expense ratio mutual fund. Find something that has a good 5 year track record, especially through the 2002 bear years. Use Yahoo’s mutual fund screener for your research. If you have more than $3000, one […]

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Definition Of Success

Most people associated success as having achieved fame or recognition in a respected field and/or just being able to earn/accumulate a large sum of money and assets. However, whether fame or money, it seems to be too narrowedly focused and mundane. Is life just about money & fame? During the years of my biggest personal […]

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Intro: Bond Investing Fundamentals

Before you invest in bonds, you should learn some fundamentals related to bonds: Yield & its relation to Price:This is one of the most fundamental thing that novice investors can get confused. When the (effective) yield of a bond or bond mutual fund goes higher, the actual price goes lower; when the yield goes lower, […]

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My Advice To Accumulating Wealth

Once you create your wealth by having a good job or owning a business, and start to have money coming in, you can then slowly build your wealth by accumulation. The primary vehicle to accumulate a substantial wealth is obviously through savings. Yes, through savings. You may not want to believe it. But the old […]

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Pay Yourself First Under Withholding Tax

Some people don’t have the financial discipline to carry out a plan of under-withholding taxes. Some people don’t have the financial cushion to carry it out to make a difference. However, if you have both, you can use under-withholding to your advantage. Is under-withholding illegal? No. Unlike estimated tax payments, which go towards a specific […]

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Roth IRA vs 401k Traditional IRA

The primary reason for putting money into 401K or traditional IRA account is for the current tax benefit. However, if the current tax benefit is small, it may not make a lot of sense to stuff money into your IRA account. Obviously, we don’t know what the future tax rates will be, but my best […]

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