Stocks for Beginners

If you are just working your first job why do you want to know about stocks? Any age from 16 to early 20s is a good age to start. If you start working or have any income you can invest in stocks. Investing in stocks is not just for the guys in the corner office of a large company wearing three piece suits, it is for anyone who wants their money to work for them. This article is for the people who want to invest in stocks but, don't know where to start or what stocks are.

Stocks are partial ownership papers to a public company. A private company is one where the owner owns 100% of the company. A public company is one where the owners decide to issue stocks of partial ownership so for a price the general public can offer money for the stock and buy part of a company.

 

Types Of Companies

Car Depreciation Ripples is Cash

In my previous post of Value Drops in Cars is Your Gain I focused upon the depreciation of the general purchase price of the car. Do you think depreciation can save you more bucks? There is a ripple effect of the depreciation.

The Ripples of Depreciation are:

1. Sales Tax
2. Insurance Costs
3. Finance Costs

The first ripple starts with the tax value of the car. If the purchase price is decreased then the sales tax is decreased by the same ratio.

Purchase Price and Atlanta, Georgia Sales Tax

Which Is the Better Deal an Elio or a Wheego LiFe?

In the search for a fuel efficient vehicles I came across two interesting options. The first option is the Elio.  and the second is the Wheego LiFe.

 

Elio Vs Wheego LiFe

Personal Finance: The Basics in One Blog Post

All personal finance begins with the person.  All people need food, water, and shelter to survive. All people want other things in life besides the basic necessities.

To survive on your basic necessities you need to have some sort of income. The income is the creation of wealth from less resources; whether this is receiving money for services and or time (job) or charity (foundation, government assistance, individual donation, etc).

Your income rate needs to exceed your spending rate for your needs or you will not survive. There are two sides to the equation. In coming (income) and Out going (expenses) are the sides and need and want are the insides.

Basic In-coming and Out-going Diagram