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(NOTICE: BitCoin or BitCoin Mining is illegal in Russia and Ecuador but is legal in most places. If it illegal where you are, you are not allowed to use this page nor the link and you will be solely responsible for anything resulting from your use.)
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Make sure whatever you do is legal in your business area.
Please be sure to check over everything (not just here) to make sure whatever you do with your money fits your budget, your needs and your style of investing. Do not invest more than you can do safely. I like to say, "I invest my bubblegum money. " It is a way to say I am not putting my essential living expenses at risk.
Do understand that investments of the past do not guarantee future earnings and all the disclaimers you see on investment sites. Use them for any investments you make. It is always buyer beware: do not invest money you cannot afford to lose.
On the other hand, just putting money in savings in the bank will likely not keep up with inflation and you may end up with less than if you follow the rule of 72 and dollar cost averaging, This is my non-professional opinion just based on my life experiences. I have always squirreled away money. For example before I learned better ways of investing, I had several thousand over my necessary emergency fund just sitting in my savings account. I now feel that was very foolish. Fortunately, I had put money elsewhere (retirement funds, businesses, mutual funds, long-term care, life insurance, ... You know the kinds of places you can put things). I have had my share (and then some) of hardships, Having both saved and invested got me through the very tough times. Of course, hardships eat money, so, I have had to start over several times. But, I do start over. I can't let hardships get me down. I am happy and grateful I got through so many hardships and I am still able to re-build.
Our country can re-build, too. The first step is increasing literacy in all areas, including finance. I say, "Money gives you energy." So, invest wisely. Create new products. Write. Do what YOU need to to build YOUR wealth. Be healthy, wealthy and wise. When you have money, you and your family can live well and can simultaneously give back to society. For me, I consider it important to build a legacy so my family and I can do the work that the Almighty wants done: Help people get on their feet, Feed people healthy foods. Provide clean air and clean water. Provide happiness for the downtrodden and also all others, including the ultra wealthy. Be happy yourself. Do good. Be good. That is what I try to do. Re-read the poem Richard Cory.* Count your blessings.
The second step, equally important to increasing literacy is to pay off debt. Your own and the country's debt, too. (Well, this is actually a way to understand financial literacy.)
I wrote to every congressional and every senator and asked that instead of, "War Bonds," we have, "Build America," bonds, with the first thing being paid off being social security so that we do not all lose our retirement fund values. The Build America Bonds could be used to help mentor small companies even from people with no business experience to become viable parts of the economy. They could be used to build manufacturing. In all cases, these funds should be repaid, like micro-loans at a rate affordable to the new businesses and manufacturing plants. Let your representatives know your ideas for fixing the economy. If you do write to your representatives, and i hope you do, The money should never be borrowed for anything else. Please let them know that you like Shipman's Build America Bonds idea, so that we replenish social security and fund business and manufacturing, even for the the impoverished (being mentored by people who can teach them to make money (such as SBA's SCORE). And give them your own ideas, too. (If you want to be heard, be sure you are voting in both primaries and elections, and donating at lease a dollar or two to any party.
We need to better understand the banking system including the Federal Reserve Bank. Here is one example of where the concept of financial literacy was and is important.
"There is not a lot of information you need to learn to become financially free. Some basic math...some best practices... but it fits on a single sheet of paper.
"I don't think interest rates are understood by the average person, If you do take the time to learn and apply what you learn, you have a good chance of becoming financially independent. Interest rates are the key piece of information to understand but the ideas are all fairly simple. Exposure to these ideas and understanding them, yes, ...
Understanding how time and money interact and being able to make decisions You need examples and scenarios that show you what your options are and then you can make decisions that make sence to you.
"Lots of people are stopped from thinking of money
The United States of America allows citizens to change rules. Stay on top of that. Vote. Communicate routinely with senators and congressionals.**
This page is underdevelopment. Please come back.
* Personal communication.
Please request quote or other information, via PM,
Thanks.
//////////////////////////////////////////////////////////////////////////////////
** I coined the word , "congressionals," years ago,],
Please be sure to check over everything (not just here) to make sure whatever you do with your money fits your budget, your needs and your style of investing. Do not invest more than you can do safely. I like to say, "I invest my bubblegum money. " It is a way to say I am not putting my essential living expenses at risk.
Do understand that investments of the past do not guarantee future earnings and all the disclaimers you see on investment sites. Use them for any investments you make. It is always buyer beware: do not invest money you cannot afford to lose.
On the other hand, just putting money in savings in the bank will likely not keep up with inflation and you may end up with less than if you follow the rule of 72 and dollar cost averaging, This is my non-professional opinion just based on my life experiences. I have always squirreled away money. For example before I learned better ways of investing, I had several thousand over my necessary emergency fund just sitting in my savings account. I now feel that was very foolish. Fortunately, I had put money elsewhere (retirement funds, businesses, mutual funds, long-term care, life insurance, ... You know the kinds of places you can put things). I have had my share (and then some) of hardships, Having both saved and invested got me through the very tough times. Of course, hardships eat money, so, I have had to start over several times. But, I do start over. I can't let hardships get me down. I am happy and grateful I got through so many hardships and I am still able to re-build.
Our country can re-build, too. The first step is increasing literacy in all areas, including finance. I say, "Money gives you energy." So, invest wisely. Create new products. Write. Do what YOU need to to build YOUR wealth. Be healthy, wealthy and wise. When you have money, you and your family can live well and can simultaneously give back to society. For me, I consider it important to build a legacy so my family and I can do the work that the Almighty wants done: Help people get on their feet, Feed people healthy foods. Provide clean air and clean water. Provide happiness for the downtrodden and also all others, including the ultra wealthy. Be happy yourself. Do good. Be good. That is what I try to do. Re-read the poem Richard Cory.* Count your blessings.
The second step, equally important to increasing literacy is to pay off debt. Your own and the country's debt, too. (Well, this is actually a way to understand financial literacy.)
I wrote to every congressional and every senator and asked that instead of, "War Bonds," we have, "Build America," bonds, with the first thing being paid off being social security so that we do not all lose our retirement fund values. The Build America Bonds could be used to help mentor small companies even from people with no business experience to become viable parts of the economy. They could be used to build manufacturing. In all cases, these funds should be repaid, like micro-loans at a rate affordable to the new businesses and manufacturing plants. Let your representatives know your ideas for fixing the economy. If you do write to your representatives, and i hope you do, The money should never be borrowed for anything else. Please let them know that you like Shipman's Build America Bonds idea, so that we replenish social security and fund business and manufacturing, even for the the impoverished (being mentored by people who can teach them to make money (such as SBA's SCORE). And give them your own ideas, too. (If you want to be heard, be sure you are voting in both primaries and elections, and donating at lease a dollar or two to any party.
We need to better understand the banking system including the Federal Reserve Bank. Here is one example of where the concept of financial literacy was and is important.
"There is not a lot of information you need to learn to become financially free. Some basic math...some best practices... but it fits on a single sheet of paper.
"I don't think interest rates are understood by the average person, If you do take the time to learn and apply what you learn, you have a good chance of becoming financially independent. Interest rates are the key piece of information to understand but the ideas are all fairly simple. Exposure to these ideas and understanding them, yes, ...
Understanding how time and money interact and being able to make decisions You need examples and scenarios that show you what your options are and then you can make decisions that make sence to you.
"Lots of people are stopped from thinking of money
The United States of America allows citizens to change rules. Stay on top of that. Vote. Communicate routinely with senators and congressionals.**
This page is underdevelopment. Please come back.
* Personal communication.
Please request quote or other information, via PM,
Thanks.
//////////////////////////////////////////////////////////////////////////////////
** I coined the word , "congressionals," years ago,],
