Money stuffed in a sock or hidden under the mattress is idle money. Cash squandered on impulse purchases or lottery tickets is fantasy money, here today and gone tomorrow. Conversely, money made to work for you, now and in the future, is a productive and genuine asset. Here are five […]
Private placements of securities, for the purpose of raising capital, are something most individual investors only hear about in a press release long after the shares or bonds in question have been fully allocated to the financial or other organizations who have agreed to purchase them. The whole parcel may […]
Accrual based accounting is the system of choice adopted by professionally qualified accountants to record the financial transactions of major corporations. It has so many advantages when compared with the alternative, cash based bookkeeping, that it should be favored by businesses of any size. Even if you are just starting […]
‘Life, liberty and the pursuit of happiness.’ The words of the US Founding Fathers did not immortalize the acquisition of wealth or the quest for an ever-increasing standard of living. They recognized that not only was happiness striving for, but also that it was not the automatic consequence of, material […]
