Many people imagine that millionaires drive lavish cars such as Ferrari’s, Lamborghini’s and Bentley and some wealthy individuals do drive these type of autos. However, the overwhelming majority of U.S millionaires are actually more low-key and many drive downright humble cars. Assets Instead Of Liabilities Millionaires know that assets are significantly more valuable than liabilities.… Continue reading Why Half Of All U.S Millionaires Drive A Used Car
Category: Finance
4 Sneaky Accounting Tricks Used By Big Businesses
Can Accountants Be Trusted? Contrary to what most people might think, there are a lot of loopholes in corporate accounting. This is because there are so many sources of funding that corporate accountants must cover. All of this data and all of the statistics that must be calculated from it are extremely complex, therefore, many… Continue reading 4 Sneaky Accounting Tricks Used By Big Businesses
3 Dumb Money Mistakes
When people are on a money mission, more often than not their entire focus can be somewhat short of the mark. How many of us are guilty of poring over our choice of cheese in the supermarket, all to make a 40p saving, or of finding that bandit parking place to save ourselves 80p in… Continue reading 3 Dumb Money Mistakes
Research in Motion’s Hasty Decisions Might Lose Blackberry Users
RIM has appointed bankers to advise them and take desperate measures to lift it from its current crisis. They are also considering sale of the BlackBerry phone maker which is only convincing their customers to look for Smartphone rivals. Big corporate clients of BlackBerry including many top companies and government offices are now giving… Continue reading Research in Motion’s Hasty Decisions Might Lose Blackberry Users
Failure of Facebook Stocks has Affected IPO Decisions
The long expected Facebook IPO did not end very well. The very ordinary outcome of the offering is now showing its effects on other likely stocks to go public. Even worse, the shares of Facebook are now falling below 25% since opening. Many companies are now postponing or even rethinking the decisions to go… Continue reading Failure of Facebook Stocks has Affected IPO Decisions