Wealth and Finance

Why is car finance cheaper with small companies than the big banks?

October 23, 2018 by Contributor Leave a Comment

Why is car finance cheaper with small companies than the big banks?

When you’re getting car finance, it can be overwhelming when faced with the number of institutions offering loans and leasing options. From big banks, to small boutique companies, you need to figure out which provider will give you the best option for car finance.

Many people find that small companies can offer car finance that is cheaper than that offered through the big banks. There are a few reasons for this but it’s always worth doing your research and finding out the best option for you.

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[Guest Post] 4 Pros And Cons Of Bootstrapping Your Startup

September 18, 2018 by Contributor Leave a Comment

Money is like gasoline during a road trip. You don’t want to run out of gas on your trip, but you’re not doing a tour of gas stations.

— Tim O’Reilly

The first few years of a startup are critical. Period! The SBA (Small Business Administration) states that over 50% of businesses fail in the first five years of their inception.

Bootstrapping a business can be defined as the process of funding the business with internal cash and being cautious about the expenses to avoid taking external money or resources.

Millennial entrepreneurs should bootstrap their business initially to avoid unnecessary debts, limiting risks and circumventing venture capital. Due to the exponential growth in the startup sphere across the world, the venture capital possibilities are reducing severely. Similarly, due to the high-interest rates on student loans and mortgages, it is advisable to bootstrap your business to limit such expenses.

The following are the pros and cons of bootstrapping your business:

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Investing 101: What is Fundamental and Technical Analysis?

September 5, 2018 by Ray L. 2 Comments

Tagalog Version (Click Here)

*This article contains affiliate links.

Number one rule of investing: KNOW what you’re investing in. It’s not a good idea to risk your hard earned cash by putting it in an unknown company stock or some other investment. Even farmers study the soil, seasons, and weather before they start planting you know. You have to check first if an asset or investment is secure instead of just believing what random people say. They might be more clueless than you are after all.

Similar to how there are as many strategies and tactics in sports as there are coaches and pros, there are also many strategies in choosing company stocks and other investments. Most of those strategies, however, can be broadly classified into two kinds, and that is fundamental and technical analysis.

(Disclaimer: There are so many investing methods and strategies that it would take too long to explain them all here. For this article, we’ll simply discuss fundamental vs technical analysis.)

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What is Short Selling? (Trading Stocks, Currencies, and More)

August 7, 2018 by Ray L. 1 Comment

Tagalog Version (Click Here)

Some time ago, the Philippine Stock Exchange (PSE) announced that they will introduce “short selling” by October 2018. The ability to do short transactions has been available abroad long ago, but in the Philippines, not a lot of people know what it is.

So what is short selling or shorting anyway? While most experienced or veteran investors know that this is how you profit from a declining stock price, not a lot of beginners know how it works so we’ll discuss the basics of short selling here.

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10 Reasons Why You Need an Emergency Fund

July 31, 2018 by Ray L. 1 Comment

Tagalog Version (Click Here)

There’s one thing you need to save for before you start investing, and that is an emergency fund. Problems happen all the time and a little extra free cash saved specifically for emergencies can get us out a lot of terrible financial situations. Aside from that, it lets us pursue excellent opportunities as well.

Here are a few reasons why you need an emergency fund. (Just think about the last time you thought about these things, and what you would do if any of these ever happen.)

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