Reading Time: 3 minutes The Rule of 70 is a mathematical formula used to estimate the years it takes for a quantity to double. It is a formula that divides the number 70 by the before-given fixed annual growth rate. This rule of 70 formula is commonly used in finance and economics to calculate the doubling time of investments, …
The Rule of 70: A Simple Tool for Calculating Economic Growth Read More »
Reading Time: 4 minutes The business vs organization debate is one we often come across. But to explain the advantages and disadvantages, we must first define both terms. When it comes to the business world, the two terms are used interchangeably. But that’s a mistake, as a business can be an organization, but an organization might not necessarily be …
Business Vs Organization: Differences, Pros, And Cons Read More »
Reading Time: 5 minutes Multi-Level Marketing MLM in real estate is gaining a lot of popularity. MLM is a marketing strategy commonly used in various industries, including the real estate industry. In MLM, participants earn money not only from their own sales but also from the sales made by the people they recruit. The income is generated through a …
Multi-Level Marketing MLM in Real Estate: The Pros, Cons, and Risks Read More »
Reading Time: 3 minutes Investing in the stock market presents us with an opportunity to build wealth over time, but it also comes with a certain level of risk. One of the most significant risks is the potential to lose more money than you initially invested. Despite many investors wanting that not to happen, it’s far more likely that …
Can You Lose More Money Than You Invest in Stocks? Read More »
Reading Time: 4 minutes Phone flipping is a popular way to make money by buying and reselling smartphones. The gist is simple, and it goes somewhere along these lines: Phone flipping aims to buy low and sell high. This gives you the best possible chance to maximize your profit. Phone flipping is so popular that people start entire businesses. …
Phone Flipping – How to Do It and Is It Profitable? Read More »
Reading Time: 5 minutes Self storage investing is a type of real estate investment that involves purchasing and managing self storage facilities. These facilities, or units, can range from small lockers to large shipping containers and can be rented out to individuals or businesses. This guide will explain the logic behind self storage investing for beginners and why rookie …
Self Storage Investing for Beginners: A Comprehensive Guide to Building Your Portfolio Read More »
Reading Time: 4 minutes There are many ways to build a real estate empire on a budget. The wonderful thing about real estate is that numerous investment opportunities exist to achieve your goal. These range from owning condos for rental to flipping properties. While the opportunities are there, the way you approach them makes all the difference. And truth …
Reading Time: 4 minutes Short selling, or shorting, is a trading strategy where an investor borrows shares of a stock and sells them with the expectation that the price will fall. Short selling is a risky strategy due to the outcome of the shoring not always resulting in a profit. The way short selling works is simple. If the …
Short Stocks on Robinhood: Everything You Need To Know Read More »
Reading Time: 4 minutes “Rich Dad, Poor Dad” is a must-read personal finance book by Robert Kiyosaki. Personal finance books are excellent resources that offer an in-debt introduction to numerous finance topics. But few personal finance books are as commercially successful as Rich Dad Poor Dad. The book is a smash hit and has sold millions of copies worldwide. …
Reading Time: 3 minutes People are seemingly more willing to move out of their small towns and into big cities. The reasons for that are many, but none more prevalent than the idea of big cities offering more employment options and better financial opportunities. However, what if we told you several ways to get rich in a small town? …
