myMole Money

SECRETS OF ECONOMISING IN INFLATIONARY TIMES

Ed — Thu, 20 Jan 2011 11:18:00 +0000

Across the globe it appears as if inflation has bottomed out and that we are now on the beginning of an upward trend. With many of the World's Central Banks considering to raise interest rates I thought this article would be useful for the individual to help embrace the possibility of higher inflation and even interests rates. In order to live within your income - keep the bill collectors off your back - and not really lower your accustomed standard of living, this report is made up of a number of proven ideas to help you. [...]

OTHER ADVANTAGES OF UTILISING YOUR HOMELOAN AS A SAVINGS ACCOUNT

admin — Fri, 03 Apr 2009 08:52:29 +0000

You will have seen from the examples above that you can save thousands of Rands and settle your bond years earlier by applying all or some or these methods. The maximum benefit will be gained by applying as many methods as possible in combination, making the additional payments into the bond as large as possible, and leaving the money in the bond for as long as possible. [...]

PAY YOUR INSTALMENT AS SOON AS POSSIBLE, PAY IN ADVANCE, AND NOT ARREARS

admin — Fri, 27 Mar 2009 08:50:09 +0000

By putting ourselves in the same position as a person who is going to move into rented accommodation, we can knock off about 20 months off our bond term, or as much a 3 years if we ... [...]

The Importance of Diversification

admin — Mon, 23 Mar 2009 21:10:15 +0000

“Don’t put all of your eggs in one basket!” You’ve probably heard that over and over again throughout your life…and when it comes to investing, it is very true. Diversification is the key to successful investing. All successful investors build portfolios that are widely diversified, and you should too!

Diversifying your investments might include [...]

Understanding Bonds

admin — Mon, 23 Mar 2009 21:05:54 +0000

There are certain things you must understand about bonds before you start investing in them. Not understanding these things may cause you to purchase the wrong bonds, at the wrong maturity date.

The three most important things that must be considered when purchasing a bond include the par value, the maturity date, and the [...]

What Is Your Investment Style?

admin — Mon, 23 Mar 2009 21:00:24 +0000

Knowing what your risk tolerance and investment style is will help you choose investments more wisely. While there are many different types of investments that one can make, there are really only three specific investment styles – and those three styles tie in with your risk tolerance. The three investment styles are conservative, moderate, [...]

BUY WELL WITHIN YOUR MEANS

admin — Fri, 20 Mar 2009 08:44:15 +0000

Many people who are looking for a house will ask the bank how much they qualify for. The following is an example of a typical calculation of a persons qualifying amount (with some insight on how you can amount a massive saving from a smart buy) [...]

How to Know When to Sell Your Stocks

admin — Mon, 16 Mar 2009 21:10:51 +0000

While quite a bit of time and research goes into selecting stocks, it is often hard to know when to pull out – especially for first time investors. The good news is that if you have chosen your stocks carefully, you won’t need to pull out for a very long time, such as when [...]

Long Term Investments

admin — Mon, 16 Mar 2009 21:05:31 +0000

If you are ready to invest money for a future event, such as retirement or a child’s college education, you have several options. You do not have to invest in risky stocks or ventures. You can easily invest your money in ways that are very safe, which will show a decent return over a [...]

Stabilize Your Current Situation Before You Invest

admin — Mon, 16 Mar 2009 21:00:32 +0000

Before you consider investing in any type of market, you should really take a long hard look at your current situation. Investing in the future is a good thing, but clearing up bad – or potentially bad – situations in the present is more important.

Pull your credit report. You should do this once [...]