Well, we're all reeling from our utility bills. So, what can be done to cut energy costs?Obviously, the best way to cut your utility bill is to go with a non-utility company source of energy. Solar power can be used to warm your house, while geothermal can be used to cool and heat the home. While these are great choices, there are a few simple steps you can take to cut that monstrous utility bill. Vent Covers - In most homes, there are rooms that...more
Correctly Pricing A Business Is Important If You Really Want To Sell It!As a consultant I talk to many business owners, brokers, and agents on a daily basis about valuing businesses. It always amazes me on how some of these individuals come up with the values on small businesses being sold. No wonder only 30% of all businesses sell! In many instances no consideration is given to the total picture – like will the available cash flow of the...more
Let me first say that I do not now engage in technical analysis; nor, have I ever engaged in technical analysis. I do not believe doing so would be a productive use of my time.Having said that, I do not claim technical analysis has no predictive value. In fact, I suspect it does have some predictive value. The Efficient Market Hypothesis is flawed. It is based upon the (unwritten) premise that data determines market prices. As Graham so clearly put it in "Security Analysis":"Â…the influence of what we call analytical factors over the market price is both partial and indirect - partial, because it frequently competes with purely speculative factors which influence the price in the opposite direction; and indirect, because it acts through the intermediary of people's sentiments and decisions. In other words, the market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism, in accordance with its specific qualities. Rather should we say that the market is a voting machine, whereon countless individuals register choices which are the product partly of reason and partly of emotion."I've seen a lot of people cite this quote, without...more
In the hands of the right consumer, a credit card can be a very useful tool. Unfortunately, the "right" consumer is rare. The concept of buying on credit, while convenient, actually serves only to line the pockets of financial gurus with millions of dollars each year in finance charges and interest dollars.What is it about plastic that is so...more
Commercial Real Estate refers to the property that has potential to generate extra income for the owner of real estate. Commercial real estate generally includes office buildings, retail properties, apartment units, condos and raw land. Every property that can produce revenue for the owner is known as commercial real estate. It doesn't include...more
We all love to make money but after a while when you get too much product built up, you can start losing money. Why would we do that?What happens is we get in a mindset on the value we feel our items are worth, rather than what we can get for them. That's why when purchasing items it's important to keep in mind that you make money when you buy, Not - When you Sell.But we also get into the territory where you feel you should get a certain price for something. We develop an emotional attachment to our products. And that's what we need to shake.... immediately. This is the mindset that can make or break your auction business.You need to be watching your products and if something isn't pulling in the money anymore, you need to blow it out. Product on the shelves is not money in your pocket.... it's out of your pocket. Product collecting dust is not collecting money in your bank account.When we relate this to your eBay business, the same goes for what you have in your eBay store. Keep it fresh and alive. Have special offers, only for those who are buying an auction AND a store item. Do a two for the price of one deal or even give away product with the purchase of another item that is...more
You see them in every strip mall east and west of the Mississippi: Cash Advance, Cash-N-Go, Check Into Cash, Urgent Money Service, and the list continues. What exactly are these businesses that seem to offer you money right when you need them? They...more
Candidates' experience and credentials, as detailed in the resume, are most often the frequently used criteria for determining which job applicants are deserving of a personal interview. Ultimately, though, the hiring decision is going to be...more
Zero down doesn't really mean no down payment. Most sellers need something as a down payment if they are providing financing. Most banks won't do 100% financing on real estate that is purchased as an investment. Zero down just means that the down...more
Early on, it won't hurt just thinking about how, when and where you would retire in order to prepare for the inevitable advantage of living a full hassle-free living after working for a number of years. The following are a number of tips to ensure...more
According to the results of a study presented at the annual conference of the British Psychological Society in April 2005, more than one in eight people admit to being bullied at work, and ganging up against the boss - often a middle manager - is on...more
Credit reports basically consist of credit scores that are based on a mathematical formula. The result of this formula applied to your financial situation is intended to "predict" how efficiently you will pay your bills. What does your credit...more