Introduction How come some people make lots of money, others basically maintain the status quo, and many are awash in debt? What makes the difference? Spending habits – the difference between needs, wants, and self-indulgence. Investing practices –how time and compound interest can create a fortune. Spending without planning is seeking instant self-gratification NOW. Over-spending creates a bondage that limits opportunities. We all have dreams, […]

Preliminary             In the argument of either an investor to invest in a stock of a given company or not is really a controversial issue, in which an investor has to make a choice between a range of assets that ca be held in place of stock. The investor’s decision to invest in a certain asset, where stock is an example of assets involves a […]

The “constant dollar plan” or dollar-cost averaging refers to spending a fixed amount of money to invest in a mutual fund at regular intervals (“Dollar-Cost Averaging,” 2009). When price per unit is low, the investor purchases a greater number of units than when the price per unit is high. An alternative would be to make a large investment at any given time. But, in this […]