The success stories and start up business ideas of the most famous entrepreneurs .
You can use this simple and at the same time powerful compound interest calculator to see the magic of compounding, as Albert Einstein once said, it’s the 8th miracle of the world. Why is it called this way? If you want to enrich a bit your knowledge on the matter, you can check our cool topic about what compound interest is and how exactly it works. This a very basic article about what compounding is and how the compound interest formula works. We highly recommend checking it out first, especially if this is a new matter to you. Then come...
The mobile application market is booming and the chances for this to change are really small in the near future. More than 1,1 billion devices with Android are projected to be sold this year and this number is expected to grow even more in 2015. As more and more people are going mobile, they are going to need quality mobile apps. And although there are millions of them on Google Play, for instance, the expanding market is thirsty for more. Some of the apps really made it big. Everyone knows about Angry Birds, the mobile game that made its founder...
What compound interest is Compound interest is the foundation of investing. It’s even more important, the whole financial system in our world is based on compound interest. It’s everywhere, and this is why it’s so important to understand exactly what compounding is. Here I will talk about the most commonly used compounding interest formulas in our everyday life and this way I will show you how the 8th miracle of the world works. Everybody knows what interest is. If you have $100 and put it in a bank account for a year at 5%, at the end of the year...
Since 2008, the economic conditions around the world have become totally unpredictable. I think there is not a big chance for something to change anytime soon. Since then, a question intensively has been arising in my head – “What would be the best way to preserve my family’s savings”. As the person in charge of this, I started to examine many different opportunities. After some time spent in analyzing various investments, I came to the decision, that opening a savings account, might be the best way to preserve wealth. Stocks have been hit really bad and many people were left...
Almost every business or individual needs to borrow money from time to time. And this is a completely normal procedure. If you are about to take a small business loan, you should very well plan how you will pay it back. One nice tool, that can help you do this is our online loan amortization calculator here. Using it, you will be able to get a complete idea about how your loan will be going. It will provide you with a simple and understandable repayment plan, which you can use to see how much you would pay for your debt....
Investing in high dividend-paying stocks is a cool way to put your money to work. Why? Because it has many advantages over its alternatives like bond investing. If you are interested in all of the pros and cons of dividend investing, you can check our article on the matter here, in this post we are going to explain some key and very basic things one should know about dividend-paying stocks. If you are completely new in this field, you’d better check out our reading about the very basics of dividends. The current article is about the basic terms that characterize...
Sometimes in our lives, we need to write a formal letter for something. Once I had to send such a letter and I realized, that I don’t know how to structure it! And that was bad because I had to quickly write it, but I couldn’t find the appropriate information about how to do it! A friend of mine helped me with this situation, and I did well. And now I am creating this post, and I hope it will be helpful for people in a similar situation to mine. Some Basics Here are some simple steps, that will help...
What Are Dividends? Dividends are a great way for companies to distribute their profit among their owners (shareholders). This is a way for shareholders to generate income from the companies they own. A dividend is simply a payment by a company to its shareholders, it’s usually calculated as a certain amount per share (55 cents per share for instance). So everyone who owns shares of a company that pays a dividend will get the per-share amount multiplied by the number of his/her shares. Companies by default are not obliged to pay dividends, their management decides whether or not a dividend...
SOPA is the abbreviation for “Stop Online Piracy Act“. It was introduced on the 26th of October 2011, and since then, it has caused a real storm all over the Internet. Okay, online piracy is bad someone would say, that’s true, but SOPA will not only stop it but most probably this act would kill most of the biggest and cool sites like Wikipedia, Facebook, Reddit, etc and censor your online life. What’s the big deal with SOPA As I just mentioned, I am NOT a supporter of online piracy, but also I do NOT support the SOPA, because it...
I bet that everybody has heard about business models and even many use these words. Many think of them as beautiful sweeties dressed in suits (okay, probably I just do…), others think about handsome guys in suits 🙂 … But most probably very few of you fully understand the real meaning… So, here you will have the chance to go through a simple explanation answering the question: “What is a business model?“. Let’s start with a Definition As I promised to give you a very simple explanation, I would not go through the details here. I want to write a...
