Wealth Creation

Written by Marlene Challis

"Learn to live within your income. Some day you may have to live without it."

Anybody can earn money--the trick today is to save money.Probably every man and woman in moderate circumstances is either saving money or has planned to do so before long. It is quite natural to put off actually beginning saving until "tomorrow," because today there are so many things one feels it is necessary to buy or to do. Everybody expects to have a larger income "after while" and intends to save then, but whenrepparttar larger income arrives,repparttar 146936 cost of living has increased, andrepparttar 146937 pleasures and luxuries to which one has grown accustomed eat uprepparttar 146938 increased income.

Many men and women who planned two years ago to begin saving as soon as they made more money, are today making more money--but are not saving a cent more than they did two years ago. Many people who read these lines know that is true from their own experience, for every one who looks back realizes that it is not one bit easier to save money today than it would have been whenrepparttar 146939 income was but a few dollars a week.

A larger income is often a temptation to adopt a more expensive mode of living. The modest home which seemed cozy and attractive whenrepparttar 146940 master ofrepparttar 146941 house was earning only a few dollars a week, is immediately abandoned when his salary doubles. The instinct ofrepparttar 146942 average man is to want his home, his dress, his pleasures, his habits--all to make a show far in advance of his actual earnings.

He impresses his friends and neighbors withrepparttar 146943 idea that he is making twice as much money as his pocket-book ever holds--and then he has to work in a constant fever in order to keep up with this impression.

Let us live while we live isrepparttar 146944 slogan of too many men and women of this generation--and that is exactlyrepparttar 146945 point we are coming to.

Let us live while we live. The man or woman who does not knowrepparttar 146946 pleasure of adding week by week to a sum of money earned and owned, has missed one ofrepparttar 146947 most enjoyable, stimulating, and ever-present pleasures which can be experienced.

Approaches to Investing

Written by Ioannis Evangelos Haramis

Here is a small summary ofrepparttar three major approaches to investing:

1. Fundamental Analysis

Truly superior companies exist, are sometimes undervalued by markets, and can be identified by mostly financial research. Earnings and dividends, stock prices and markets can be adequately forecasted. All these can be identified by analysis of their financial statements. Buy where forecasted price is greater than current price by a satisfactory margin.

2. Technical Analysis

Patterns in past price behavior of a security in question andrepparttar 146873 overall market can be used to direct profitable trading strategies. Some technical analysts also refer to a company's fundamentals in combination with its technical indicators.

3. Efficient Market Theory

No possible market-beating investment strategy exists. All information relevant to a stock's long-term price performance, including information not publicly available, is already present inrepparttar 146874 stock price for any given period of observation.

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