Improving Your Personal Cash Flow

Cash flow consists of the income that one makes minus the expenses that one has.  If you want to improve your personal cash flow, then you either need to increase your income, decrease your expenses, or do a combination of both.  Once you have a positive personal cash flow, then you can use the extra cash each month and use it to either pay off debts or purchase assets that will provide you with more cash.  Eventually, the amount of extra cash will add up such that your income from assets will be more than your monthly living expenses.  At that point, you are financially free. Money management and improving your personal cash flow is very important. 


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Personal Cash Flow

Why Investing in Silver May Be Smarter Than You Think

The price of gold has been hitting record prices recently, and the news is filled with more concerns regarding the global financial system. Gold prices are certainly expensive, but have you considered investing in silver? There are several reasons why investing in silver may be a very good idea, even better than investing in gold. Just two of the reasons discussed are the small size of the silver market when compared to gold and the fact that silver is affordable for a much greater number of people than gold. If you want to benefit from increased precious metals prices, now is the time to consider a silver investment. 


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Silver Investing 

Books to Learn Options Trading

Learning to trade options by paying thousands of dollars for a seminar is no guarantee of success in the market. Spending much less by reading books on option trading is also no guarantee of success but will leave some money available to begin trading. There are many books about trading options that are appropriate for all knowledge and skill levels from the novice trader to the experienced options trader. It is useful to read books from several different authors as well since the information presented may be different or easier to understand in another book.


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Options Trading Books

Swing Trading Covered Calls for Extra Monthly Income

When managing a covered call portfolio requires an investor to have a rough idea of support and resistance in the stocks against which covered calls have been sold.  Using this knowledge, it is possible to swing trade the normal volatility of the stock market by selling covered calls when the stock approaches resistance, repurchase the calls when the stock declines toward support, and then resell the covered calls when the stock rallies again.  This does not change the overall position of the portfolio, but does allow the investor to make some extra monthly income which can be substantial for larger stock positions. If you know how to play the swings in the market you can supply yourself with some extra income.


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Extra income with swing trading stocks

Trading Goldman Sachs with Bull Put Spreads

Bull puts spreads are a type of option trade that allows an investor to sell puts on higher priced stocks while limiting the amount of downside risk.  The trade involves selling a put in order to bring cash into the trading account and purchasing a put at a lower strike price as protection against a major drop in the stock.  One of the best ways to learn about bull put spreads is by using an example.  The example for this trade uses the stock of Goldman Sachs which is a higher priced stock that may have some significant downside exposure but may have found a bottom.


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Bull Put Spreads Information

Protective Puts and Goldman Sachs

Goldman Sachs has come under Congressional investigation as well as investigation by the SEC regarding certain transactions related to subprime mortgages. If you own stock, there are a myriad of possible "bad news" scenarios that will cause that stock to decline, sometimes severely. Protective puts can help protect the money you have invested in stocks. Puts act just like an insurance policy. You hope that you don't have to use them, but when you do, you are glad to have them. Insure your stock portfolio with put options.


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Protective Puts Info

The Collar Option

Most individuals trading stocks or options have heard of covered calls. Covered calls are often touted as a great way to make income against your stock portfolio. The problem associated with covered calls, however, is that all of your good stocks are called away while the crappy ones are left in your portfolio. A little bit of premium income is little consolation when your stock drops 50% because of a bad earnings report. In other words, your upside is limited while you retain most of the downside risk.

Selling Puts as an Alternative to Rolling Up Covered Calls

If you have ever sold a covered call and then had the stock take off, you are sure to regret it.  The lost profit is enough to make you pull your hair out especially if the stock had been sitting in a trading range for quite some time.  Rather than having to spend a lot of money buying back the call and rolling up, there is another alterative.  Consider selling puts on the stock instead while you wait for the stock to decline or settle into a new trading range.  Let's look at an example to explain what I mean.


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Selling Puts

My Advice for Accidental Landlords

Sometimes people find themselves with a piece of property that cannot be sold.  As a second alternative, they may end up being forced to rent the property becoming an accidental landlord.  Being a landlord can be a difficult transition if you are ill-equipped for the issues that accompany renting out real estate.  I started investing in real estate under similar circumstances and offering many practical and useful tips for the accidental landlord from screening prospective tenants to dealing with financial issues.


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Landlord Tips

My Tips on Buying Investment Properties

Investing in property can be a great way to save for retirement or to create a steady flow of income as an important step toward financial freedom.  There are many potential pitfalls when it comes to buying investment properties.  As a buy and hold investor of real estate, I can offer practical advice regarding the purchase of real estate for investment.  Watching fixed costs, maintaining revenue, and determining your goals for investing are just a few of my tips when buying property for investment.


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Investment Property Buying Tips

How To Rollover a 401k To A Roth IRA

In today's never ending search for financial freedom, it has become increasingly difficult to hold onto a job long enough to get any serious time invested. It is even more difficult to be able to retire from that job with benefits or investments which will help you make it through your golden years gracefully. This hub will show you how to roll over a 401K plan into a Roth IRA. It will give you an explanation of what Roth IRA's are, and how they could benefit you. You will see the eligibility and contribution limits, and have taxable contributions explained for you.


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401K Rollover Info

Make Money Ideas for Kids

Kids are always thinking about ways to make money. Now with summer time right around the corner and the kids almost out of school, kids are really looking for ways to earn money for the summer. If kids use some initiative, they will find all kinds of unique ways to make money. Not only will they learn responsibility but they can save money.


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Kids Making Money

IRS Audit Manual: IRS Audit Procedures

Preparation is the most important part of the audit. You will win or lose based on your preparation. Small errors should not concern you. Sometimes you have more deductions in a column than originally reported on the tax return. If other columns are short, it could be that you mixed receipts between the columns. This is also a common occurrence, especially between similar types of deductions. Supplies, office expense, and postage are similar enough to have some postage or supplies listed as an office expense.

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IRS Audit

I Want to Make Millions Trading Forex with a $100 Deposit

Not a long ago I had lost my initial deposit plus profit trading forex, it took me 3 days to make $600 profit from my initial $300 deposit, but the sad thing about my first investment into forex trading is that I lost all the $600 in just 5 minutes.

I was discourage after this loss but I had never given on trading forex, from my initial mistakes am back to correct them and make millions from my $100 deposit I did on 4 May 7, 2010. It took only 2 days for the deposit to reflect in my trading account and now am ready to go the marathon.

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Forex Trading

Starting A 401k

If you've recently changed jobs and are looking to transfer your 401K, are about to change jobs and are not sure what options are available to you in regard to your 401K, or just have a few questions about 401K plans in general; this hub will give you an overview of things to consider before any major moves regarding your investments. If you already have a 401K plan in force, consider all other choices before withdrawing any money from it; the penalties for early withdrawal may not be justifiable when you have all the information. If your current employer is matching your contributions, you're really going to want to think over any changes before rolling it over into an IRA. Look before you leap, as these choices can have a major impact on how you live the rest of your life.


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401K Information

Save Money On Medicines-Same Medicine, Different Price

Everyone would agree that doctor's profession is one of the most noble profession. We place them next to god. But what if the doctor's break this trust and start treating their profession as a money making business. I have nothing against the doctor's and still consider the profession noble. But my recent experience have really got me thinking and I would now be wary to trust them blindly. 


They have the power to write the prescriptions to heal. How can we save money?


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Save Money On Medicines