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10 Smart Ways to Start Your Medical Billing Business Without Investing Too Much Money
1.Start with a good business plan (you don't have to hire a
professional to do this for you, you are the entrepreneur, you
have the ideas, so you can make your own business plan! You just
perhaps need a guide on how you will present it. There are...
Buy and Hold: How to Perpetuate Your Investment Losses
A recent cartoon in my daily newspaper showed two guys sitting in a bar. One is saying to the other: “I did learn something from my broker...how to diversify my investment losses.”
While this struck me as funny, there is certainly an element...
Creative Real Estate Investing Techniques
With a job that paid $3.40 an hour, I saved $5,000. I used $3,500 of it to buy my first piece of real estate - 2 acres near where I lived. As you can guess, this was many years ago. A few hours removing brush, and it was ready to sell. I...
Does Your Life Include a RIPE Plan?—Planning Tips for Retirement, Investing, Protection, and Estate Planning – Part 2 (Investing)
Does Your Life Include a RIPE Plan?—Planning Tips for Retirement, Investing, Protection, and Estate Planning – Part 2 (Investing) by: Janet L. Hall After reviewing your retirement plan, or lack of one, you might have had a huge eye opener to the...
Real Estate Investing - start with getting your own finances under control
Real estate has been a driving force in world economies since
the days of Babylon, one of the most fantastic developments the
world has ever known, and the desire to create, not destroy, is
alive and well.
To enter the realm of real estate...
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Investing Online - Convenience Made Possible
Whether you're a pro at investing or just thinking that maybe it's time to get started, you'll be happy to know that you now have more options available than ever. And if you're one of those “hands on” people who loves to keep control of your assets, you'll love the potential for online stock trading.
To some people, stocks seem like a foreign world - a place where the rich multiply their millions and the rest of the world dare not tread. In actuality, stocks are a great place for even small and moderate investing. It can be as safe or as risky as you like. And you can get a really good return on your investment.
Making online trades is easy. For many people, the most difficult part will be working up the courage to make that first purchase. Take some time to do your research and start out with small or moderate investments. It's okay to listen to advice, but evaluate the source. Many fortunes have been lost because the investor listened to bad advice.
Most online trades will be much less expensive than hiring a broker to make your deals, but remember that there's still a cost. It's easy to make ignore the cost of a single trade when it's only
$10 or less. But when you've made a dozen trades, the cost adds up. Consider your trades before you make them, and be sure to keep track of how many you've made so you're not surprised with the expense.
One of the most convenient aspects of online investing is that you can research stocks and companies, make your decisions and even place buy and sell orders at your convenience. There's no need to wait until your broker's office is open and no need to arrange your schedule around your broker's. If you work days, you can do your research and trades in the early morning or late at night, whatever's convenient for you.
As you take off with your investing, keep in mind that risk and return are closely related. As is true of most things, the higher the risk for loss, the higher the potential return. If you want to be sure that your investment is safe, be prepared for only a moderate return.
About the author:
Jeff Lakie is the founder of Investing Resources a website providing information on Investing
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