Assets vs. Liabilities

A reprise of Rich Dad Poor Dad. There has been much discussion of the authenticity of RDPD’s and the background of the author. You can read about that at other blogs: Rich Dad, Poor Dad, Liar Dad, Thief.  However, one criticism of the book is below along with my own interpretation of RDPD’s theories. Jeff writes – “You… Read More »

Rookie: About to get rooked?

I am a rookie investor who doesn’t know much about stocks, etc. I want to invest a small amount, maybe 3000 USD (100,000 NT) or so. I am willing to take medium risk, but don’t have much time to research or deal with this investment everyday. I just want to put it somewhere for like half a year… Read More »

The Four Sins of Running Our Business

I’ve been reading the 10 stupid mistakes made by newly self-employed. It’s a good list that all business people should look at! I think our business has made several of them at least recently. There are four that are worth looking at in my context. Click on them to read about them in context at Steve’s website. 1.… Read More »

Running Our Business

We’ve been running a business (a language school) for over 6 years, and it’s grown from a very small base into a much larger concern than originally it was. Naturally, in business life, there are the ups and downs of the operation and the cycle of business. We’ve become aware of this. Yesterday, though we noticed that the… Read More »

The Daily Latte

How the money goes…? Yes, those $3 a day habits do really add up! Let’s see: $3*365 = $1095 per year. That doesn’t include the overpriced confections, cakes or cookies. So you could really save quite a lot of money this way! I used to enjoy going to *$ onholiday in the UK. The sandwiches were fresh and… Read More »

Should I go back to work?

What do my readers think? Should I go back to work or keep working on my business? Our school is now not really able to pay me much of a salary, because of the lack of profits in the coming six months. We’re facing a cash shortfall at home as well in the short term, because both of… Read More »

Financial Blogs

I’ve been roaming the internet, and discovered that a lot of people are currently using the Internet to help them cure their financial woes, find encouragement and solace, and help plan their financial lives. It’s a really interesting phenomenon that people who would never even tell their best friend how much they make, are now splurging on the… Read More »

Salary Slaves: Are you one?

Well, to explain: I don’t want to work for money per hour, I think loretta said “wage slave. Right now, I part own my own business, but I’m too busy working at it as a teacher, that I don’t have time to create more opportunities. This is not what I had in mind as a business. Also, I… Read More »

How will the U.S. afford it all?

In this letter presented by John Maudlin “Thoughts From The Frontline”, Bill Gross takes a look at the future of the US boomer generation as consumers. He considers some startling, though rather obvious, conclusions: “it will be up to younger generations to do the Lord’s work and there aren’t enough of them to provide health care, a comfortable… Read More »