Tired to wait for you money when you already finished work 2 months ago?It is an issue many freelancers need to cope with: employers that pay too late and sometimes you're waiting not even sure you will be paid at all.
To combat this, you can now make use of factoring. Factoring involves an agency that will buy up the invoices you have outstanding and will take the responsibility of collecting your money in exchange for some percentage of the sum collected. This has some great benefits for small entrepreneurs or freelancers, such as; * no wait time to get your money * instant cash to invest further into your business * no hassle dealing with debt collection
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Wall Street. Bizarreness. Hectic. Screaming for the best deals. Cutting of the competition so you get ahead. The other man is your enemy. Everybody is your competition.
Even though I have never been on a a trader floor, these are the images that I get when hearing people talk about selling, buying and essentially trading their way up to richness. As this ants hole is the epitome of capitalistic competition, I understand everybody wants to get ahead, to have the longest breath, the best information out there and always be up to date of all the information overload you can take. I read a interesting article about the how the prescription medicine Modafinil is used on Wall street and how it has replaced cocaine as the new drug that is powering Wall Street. As a newbie to investing and the money environment, it might be just too early for me to experiment with this substance, but who knows in the future I cannot live without to keep up? Yes, we all want to be the best and therefore the ones that are going to look for Modafinil the first, will be the ones that have a head start. As a life long poker player (well 10 years at least), I'm also curious to know how the game of poker relates to the game of investing in funds.
Just like investing, you know with each hand (stock of portfolio) which your return will be in the long run. So have two kings in your hand and you raise a 2 flush board against your opponent as you're sure he's going for the flush. In the long run you are winning about 64% of the time, so don't feel to bad when he's hit the flush by the river this time. The same goes for stocks right? By choosing the right combination of stocks you should also win the long run and don't be crying to much when the market is treating you bad. I wonder which factors, there're probably many, play a vital part in deciding which are the winning and which are the losing portfolio's? |
AuthorI'm a newbie to stockfundinvestment and want to learn all about it. Here my journey laid out. Maybe you'll pick something up too on my journey towards becoming Warren Buffet :D |