I would like to share with the reader an article printed in the financial section of U.S.A. Today on March 7, 2003 which exemplifies the awesome power of a stock dividend. MICROSOFT TO ISSUE FIRST DIVIDEND TODAY:Microsoft investors will get their first payday today, when the tech giant shells out its first dividend. At 8 cents a share, the dividend will cost the company $850 million. Co-founder Bill Gates, who owns about 1.2 billion shares...more
Of the many areas in international business where cultural differences manifest is in the corporate meeting room. International meetings are an area where differences in cultural values, etiquette, interpretations of professional conduct and corporate rules are at their most visible and challenging to control. In international business meetings, cultural differences between professionals can and do clash. Although it can not always be avoided,...more
Wanna know a little secret? There is an ingenious method you can use, to pay off your 30 year fixed rate loan, in 23 years or less. It's straightforward, simple, and easy to understand. In this article, we're going to explore this little known secret, and we'll provide several examples of how it works, a few methods on how to implement, along with some information on where to go and how to get started.1. Accelerated Payments: By accelerating the payment structure on your loan, the life of the loan is reduced: In a normal 30 year fixed rate loan situation, your monthly payment is applied towards principle and interest. It is amortized over the course of 30 years. So any money above and beyond your normal payment is applied solely towards the principle of the loan. By reducing the principle of the loan, you are reducing the total amount of interest that must be paid, and that equates to an early loan payoff.2. An Illustration: You bake a cake (principle), and put it in the oven. Once the cake is out of the oven, you'll need to frost it with icing (interest). Let's say your cake is 12 inches in diameter, and let's say you need 3 jars of icing. But you're hungry, so you eat half the...more
Is the Mutual Fund you build yourself! The perfect Mutual Fund you build should have the objective of owning no more than 12 to 15 companies; owning shares in 12 companies would allow the diversity needed to sleep well at night and would provide a cash dividend every week of the year. The 12 companies (with staggered dividend payout dates) in your...more
Are there any universal laws that most successful people seem to follow? Great question, huh?With that in mind, I began listing some common denominators in order to share them with others. I've been very fortunate to have had some success in my life, as well as the opportunity to meet with some very powerful and influential people over the years....more
Have you ever noticed this to be true?The best things in life for me are those things are not things at all. People and experiences make the biggest mark: a wonderful relationship, time with family, or a fantastic vacation that stays in my mind for years.It seems funny to me that we spend so much time on this planet chasing "things" that we lose focus on what matters most. I mean, what's the point of having that fantastic new home if you sleep in it all alone? Or drive the nicest of cars but are too ill to take it out for a spin?Last week I was fortunate enough to meet an incredible guy named David. He's one of the wealthiest people I've ever met, and one of the richest guys I've come across.What's the difference you ask? Well, I've known many wealthy people (the type with all the material resources you could imagine), and then I've met truly rich people who have one thing in common: they have balance.David has all the monetary success you could ever imagine, yet what made him special in my eye is that he wasn't driven by money; it was more about his relationships. His wife and children mean the most to him inside. He works out every day, watches his diet, and here's the real...more
Not long ago, I traveled back east to Ohio and Chicago. While I was there, I was amazed that the friends I made along my journey seemed to have completely different observations of the state in which they lived. For example, when I asked what the...more
It is important to note that every smart investor wants to minimize risk while maximizing profit potential. Yet conventional investment theory tells us that in order to increase returns, you have to increase risk.You may be surprised to find that...more
For most people, there is a direct correlation between how worried they are about retirement income, and how much they can actually do about it. This is because the more worried you are, the closer you probably are to retirement, and the less time...more
Looks like Microsoft Great Plains becomes more and more popular, partly because of Microsoft muscles behind it. It seems to be goof solution for mid-size and even large multinational corporation with Headquarters in US and branches Worldwide. You,...more
For those business, non-profit and association managers committed to PR tactics like radio and newspaper plugs, it can come as a surprise to discover where public relations value REALLY lies. Truth is, your PR budget can deliver results far beyond...more
Todays business environment has changed drastically from just a few years back. Rather than working exclusively with equipment, data, and systems, todays IT managers face issues such as cross training, personnel management, interdepartmental...more