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Wealth - Definition of Wealth “Wealth” means having an abundance of something desirable. This can be tangible, like money and property, or intangible, like good health or freedom. Intangible Wealth Just because something does not have a monetary value does not mean it is worthless. Having strong connections with friends and family is often considered a major component of wealth - since these things cannot be bought or sold, they are "intangible". Companies also have intangible wealth.… Read More...
Personal Finance
Researching Purchases - Every person makes hundreds of purchases every week. Think about how many individual items you have when buying groceries, how often you eat out or use a vending machine, or how often you buy new… Read More...
How to Evaluate a Portfolio Manager - A good way to evaluate a manager is to ask many relevant questions pertaining to your own personal financial situation and your financial goals. Examples of questions to ask are: Read More...
Building An Investing Strategy - An "Investing Strategy" is a plan for how to save money to help it grow. Sometimes an "investing strategy" can just mean "plan for trading stocks", but it really means a lot more. Liquidity, Risk,… Read More...Buying a Car - Buying a car is usually the first big purchase a person will make. There is also no shortage of horror stories of people immediately regretting the decision, either by buying a new car and later… Read More...
