These are my two strategies in stocks.
Half of my portfolio is for Accumulation. I plan to accumulate Infrastructure and Energy Stocks. I'm looking to accumulate MPI and SMC right now.
As for trading the range. I'm open to most stocks. Right now, I want to indulge in mining stocks. I have currently ACR and ORE for this strategy.
I hope these strategies do me well for my financial well being.
Monday, November 22, 2010
Saturday, October 30, 2010
Bad Debts
One of the barriers to financial freedom is having bad debt.
Bad debt means debt you have incurred but it does not produce income for you.
An example of bad debt is credit card debt. Usually our credit card debts balloon up because of our impulse buying and the lack of budgeting and planning.
One of the first things I have to do to achieve financial freedom is to reduce my credit card debt. It stands today at a significant amount. Manageable but I just don't like the feeling of having too much of debt.
This bad debt of mine stands in the way of financial freedom.
This has to go.
Bad debt means debt you have incurred but it does not produce income for you.
An example of bad debt is credit card debt. Usually our credit card debts balloon up because of our impulse buying and the lack of budgeting and planning.
One of the first things I have to do to achieve financial freedom is to reduce my credit card debt. It stands today at a significant amount. Manageable but I just don't like the feeling of having too much of debt.
This bad debt of mine stands in the way of financial freedom.
This has to go.
Financial Freedom
The title of this blog is Financial Freedom.
It will be full of valuable content on how to achieve financial freedom as well as snippets from my journey towards financial freedom.
Financial Freedom for me means not being dependent on a job for survival. The ability to have multiple streams of income so that I can enjoy life in a deeper way.
One of the first steps I did towards financial freedom is to join Bro. Bo Sanchez's Truly Rich Club. He is my mentor in all aspects of my life including Money and Investing.
Join his club by clicking here.
It will be full of valuable content on how to achieve financial freedom as well as snippets from my journey towards financial freedom.
Financial Freedom for me means not being dependent on a job for survival. The ability to have multiple streams of income so that I can enjoy life in a deeper way.
One of the first steps I did towards financial freedom is to join Bro. Bo Sanchez's Truly Rich Club. He is my mentor in all aspects of my life including Money and Investing.
Join his club by clicking here.
The Truly Rich Club
Bro Bo Sanchez is one of the world's most gifted speakers.
He writes about personal excellence, spirituality and about financial abundance.
You can join his club and be blessed in all aspects of your life.
Through his club, he will teach you how to be rich in a holistic manner, not just rich in terms of money.
Click here to join his club.
He writes about personal excellence, spirituality and about financial abundance.
You can join his club and be blessed in all aspects of your life.
Through his club, he will teach you how to be rich in a holistic manner, not just rich in terms of money.
Click here to join his club.
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