The three-and-a-half minute video covers what may be familiar ground to seasoned investors: timing the market and trying to get in or out of stocks in an attempt to avoid the next crash is usually a futile activity.
A Fidelity Investments study discovered that setting specific financial goals does help get your fiscal house in order. 56% of those surveyed said their finances had improved, a much better result than most New Year’s resolutions.
Give yourself a financial checkup and see where you can improve your savings and spending habits.
Increase your savings. Save 16% more than you would normally on all your savings, including your employee pension if you are not contributing the maximum amount already. By making modest adjustments, you won’t miss the money as much.
Automate your savings. One of the easiest and most effective ways to save is to automate the process, and yet less than 40% use this technique. Set up regular transfers with your bank. Some employers will take money directly of your paycheque to invest in RRSPs, Canada Savings Bonds and other savings vehicles. Set up savings for specific expenses such as a new car, home renovations and vacations, as well as children’s education and retirement savings.
As intimated in the Hub’s New Year’s Day post on Friday, it’s about the first major investing action you can take in 2016: topping up your Tax-free Savings Accounts (TFSAs) by an additional $5,500 (down from $10,000 in 2015.)
On a personal note, since we eat our own cooking here at the Hub, I made contributions for myself and my wife on Friday. Depending on how you execute the transfers, this may or may not be an instantaneous process.
The Greatest Prospector in the World is the title of a new work of “Business Fiction” focusing on the six “secrets” of sales prospecting success. The author is Ken Dunn, CEO and Founder of Las Vegas based Next Century Publishing.
The six secrets are slowly revealed over the course of a charming tale that begins in the year 1910, a story Dunn describes in the book’s subtitle as “A Historically Accurate Parable on Creating Success in Sales, Business, & Life.”
For those who wish to skip on to the six secrets, they are laid out in the short Afterword, in which Dunn acknowledges a literary debt to Jim Stovall’s Ultimate Life Seriesand Og Mandino’s classic The Greatest Salesman in the World.
Dunn himself is no slouch in the world of sales prospecting: after an early career in police work he started businesses in property management, finance, direct sales and publishing.
You can find more at the book’s web site, www.greatestprospector.com. Also check out Dunn’s recently launched ReadersLegacy.com, which is a kind of Facebook for book lovers. In an interview in his Toronto offices, Dunn described Reader’s Legacy as “Facebook meets Amazon.” The site even features a kind of literary currency called “Lit Coins,” (reminiscent of Bit Coins).
Kenn Dunn (Twitter.com)
The 6 secrets of Sales Prospecting
I’ll reveal the titles of the secrets but you really need to read the story to get the context. As the cover image shows, it’s all about prospecting for gold nuggets.
Mexico is a huge country and it’s hard to know where to go if you only have a limited time to visit this nation. Some people prefer the beaches, some might want to take advantage of the culture, history and international restaurants, and others could consider emigrating to spend their retirement years there. Below are must-see towns and cities along with useful notes to help you get an idea of what Mexico offers.
Chapala, Mexico , located in central Mexico, has the largest expat community in the world and offers lots of activities to keep one busy. If you like to play tennis, golf, bridge or get involved in garden clubs, animal rescue or theater, this lovely town with year-round spring climate is a good bet. Chapala’s location, just 20 minutes from Guadalajara’s international airport and an hour from the capitol city itself, is a good home base to travel to the beach, to the mountains, or to the States or Canada. Continue Reading…