Top 5 Business Books

To this day, Warren Buffett remains the world’s most skilled investor. In fact, Buffett says that the key to becoming a great and successful business man is to read books… to be more specific, read 500 pages in a day! “Knowledge builds like compound interest”, which Buffet says how you can succeed in business. Did you know that Bill Gates read around 50 books in a year? He would try to finish a book in one week and then move onto the next. If these people read books in their…

‘Interest on Interest’ Isn’t That Interesting? Understanding Compound Interest 101

The eighth wonder of the world, as it is often called by accountants, compound interest can help you increase your earnings if you grasp how it works. As for those who don’t, they’re likely to end up paying it instead and become worse-off. So what exactly is compound interest and how does it work? Read on to find out. Defining Compound Interest Firstly, we need to understand simple interest. It is the interest calculated solely on the original amount of money (called ‘principal’) deposited or loaned. For instance, $1,000 loaned…

Why Owning a Multi-Family House is a Good Investment?

We have got a great investment idea for you that will allow you to have financial freedom. Are you ready? You should get an FHA loan to buy a multi-family house. Wait a minute… before you start throwing in statements that you have heard from your friends or read on the internet, we would like to tell you that a multi-family house presents you with long-term financial ease. Over the next 20 years or more, you can save enough money to do whatever you want and still reap the benefits…

Best 3 Books on Real Estate Investing

After reading a few blogs on the internet on real estate investing, if you feel like you can step foot in this venture, then let us stop you right there! Just because you purchased or sold your first house on your own, doesn’t mean you are ready to take on this challenging job. The world of real estate investment is a wonderful place to start your journey to becoming a millionaire. Alright, we might have exaggerated this a little bit but you sure will earn a lot of money if…

Why Real Estate is King?

The resources available on this earth, whether that is an individual’s time or money, or the wealth in a government’s treasury or even real estate, are all limited by their very nature. Making their best possible and most beneficial use is therefore, what everyone hopes to achieve. The reasons below explain why investing in Real Estate is the king of all options. Additional and Retirement Income Buying an apartment or other form of real estate and flipping it or and renting it out is a common yet great way to…

History behind Gold and Silver

Silver and gold have always been found competing in the race of the ‘precious metals’ with gold usually leading and silver following in its wake. The history of both these metals being considered precious and of great value goes way back. There are numerous mythical theories that seek to explain how the whole tradition of buying and selling these precious metals came into existence. But one does wonder where these valuable metals really originated from? Let’s have a look at what history has to say about how these metals were…