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Margin Trading and Market Timing – High Risk Investing - Margin trading is when you borrow money to invest. This increases the risk because now your returns need to not just make a profit, but more of a profit than you pay in interest. Market timing is also risky - instead of relying on fundamental business data, it means trying to pick the perfect hour, minute, or second to "beat" other traders who are trying to do the same thing. Read More...
Short Term Financing - “Short Term” financing means taking out a loan to make a purchase, usually with the loan term at less than a year. Short-term financing usually has a higher interest rate than long-term loans - and… Read More...
Researching Purchases - One of the cornerstones of strong personal finances is knowing why you buy what you do, and knowing how to research your purchases in advance. What are some of the ways that you would research… Read More...
Building Wealth - "Building Wealth" combines exercises from budgeting, spending plans, savings strategies, credit cards, and all points in between in a life-long strategy to build financial security Read More...
Financial Records - Financial Records are what you use to have an easy way to tell where all your money and assets are, and exactly how much you have, at any given time. Most people's financial records will… Read More...