Investing and accounting go hand and in hand. Yet while many investors spend time looking at balance sheets and income statements, there’s one accounting skill that isn’t often talked about. And in my experience, it’s incredibly important to security analysis investing success! So what is this mysterious accounting ability? Well, to put it simply, it’s […]
The 20 Most Interesting Facts In Business (Article, Video Links)
in Personal Finance/by Kenneth W. BoydCash is more important than profit. Even a profitable company can struggle without generating sufficient cash flow. I worked with a highly successful residential plumbing company for several years- who doesn’t need plumbing? Clients must be falling out of the sky, right? But there was a problem: the firm had taken on a huge commercial […]
Why Do So Many Young Entrepreneurs Think Their Ideas Are Worth Billions?
in Entrepreneurship/by Kenneth W. BoydI like to refer to my son as a “hit and run” cook, because he makes a big meal and leaves a huge mess. He means well- and the food’s good- but the process isn’t well organized. I see a lot of entrepreneurs who use this same approach, because some of them seem to be […]
How To Take Charge Of Your Investment Asset Allocation
in Personal Finance/by Kenneth W. BoydChoosing the right investment strategy is the key to reaching your investment goals by reducing risk and generating more revenue. The first step is to understand the definition of asset allocation, a term that will help you choose the right strategy and generate better returns. What is Asset Allocation? Asset allocation is the strategy of classifying […]
The One Accounting Skill All Stock Market Investors Need
in Personal Finance/by Kenneth W. BoydInvesting and accounting go hand and in hand. Yet while many investors spend time looking at balance sheets and income statements, there’s one accounting skill that isn’t often talked about. And in my experience, it’s incredibly important to security analysis investing success! So what is this mysterious accounting ability? Well, to put it simply, it’s […]
Is School Useless? The Rising Cost of Education
in Personal Finance/by Kenneth W. BoydHow many times is that guy going to say the word “congruent”? I was sitting in a Panera a week ago, and overheard a conversation between two people in their early 20s. I wasn’t eavesdropping- the dude with the earnest look on his face and the goatee seemed to be talking a little too loud […]
What Lottery Tickets And A Range Rover Teach Us About Personal Finance
in Personal Finance/by Kenneth W. BoydI saw a guy walking to his brand new Range Rover as he scratched off lottery tickets he’d just bought at the gas station. As I filled up my Honda, I watched as he got into his Range Rover- because I just wanted to convince myself that it was his car. Now, I came up […]
Trip to the Vet: A Personal Finance Story (Chap. 11)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthors’ note: Explaining personal finance can be pretty dull. That’s a problem, if you need to learn personal finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some personal finance concepts inside of a quirky (funny?) short story? My goal here is […]
The Hungover Caddy: A Personal Finance Story (Chap. 10)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthors’ note: Explaining personal finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some personal finance concepts inside of a quirky (funny?) short story? My goal here […]
The Melted Recycling Bin: A Personal Finance Story (Chap. 9)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthors’ note: Explaining personal finance can be pretty dull. That’s a problem, if you need to learn about personal finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story? My goal here is […]
How Can I Make A Living By Starting An Online Business?
in Personal Finance/by Kenneth W. BoydAfter years of struggle trying to build a business presence online, I’ve started to have a little success based on one key point: Succeeding online isn’t a whole lot different than building a “brick and mortar” product or service business. Click Here For Free Report: 10 Great Resources For Personal Finance Now, I’ll grant you, […]