Finance
« Previous EntriesHow to achieve financial stability within half a year
Thursday, August 30th, 2007Author: Mike Wang
In the previous article talking about the fourth levels of wealth, we mentioned that the first level of wealth should be financial stability. This means that we should have cash saving equivalent to 3 months of our monthly salary and we should have insurance coverage that can provide for our family in [...]
3 Good Principles for Buying ETFs
Sunday, August 26th, 2007Author: Mike Wang
1st Principle: Buy in the period of September to October
By studying the historical trends of how S&P 500 perform during the years, you will realise that during the months of November to April, it performs better than the period of May to October mainly due to the end of year rally till the [...]
How to buy ETF to achieve 10% annual ROI
Saturday, August 25th, 2007Author: Mike Wang
In my last article, I talked about how buying ETFs (exchange-traded fund) can easily allow one to achieve a 10% ROI. In this article, I shall talk more about how you can buy ETFs.
ETFs are types of index fund that track the performance of of various indexes such as the [...]
Getting an annual 10% ROI for idiots…
Tuesday, August 7th, 2007data obtained from yahoo finance , click here to see a larger image
Your Current Level of Wealth and Financial Goals
Thursday, August 2nd, 2007Author: Mike Wang
It is very important to set clear financial goals so that one can develop effective strategy to achieve it. The level of wealth that you wish to obtain would require a specific set of strategy. For example, the plan used to earn a monthly income of $20,000 would be very different [...]