"Make it your ambition to lead a quiet life, to mind your own business and to work with your hands, just as we told you so that your daily life may win the respect of outsiders and so that you will not be dependent on anybody." - 1 Thessalonians 4:11-12
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TAP (Tony Herbosa) on Wealth Creation: "It is not how hard you work to get that paycheck, it is how smart you work after you get that paycheck; that is, how you save as much of it and then deploy it wisely in "bagger" assets over time.
"Accumulating knowledge is easy. Accumulating the right understanding and the right instincts are the hardest."
When I was learning about investing in the stock market, I needed books for more information. There are a lot of free pdf on the web but the books that I like, I want to have a hard copy of it so that my children maybe can read it someday. Maybe that will be the legacy that I'll be leaving them. I want them to know money management as it is very important. If only I have known that when we were kids, maybe I have chosen a different path.
So, I went to check the bookstore and EXPENSIVE!! I searched for online bookstores that offers affordable books like amazon and I found at about BOOK DEPOSITORY.
These are my first books. Jesse Livermore's Methods of Trading in Stocks - Richard Wyckoff
This was my first ever book about trading. It has only 32 pages and can be read in one sitting but full of information. It tells about how Livermore's preparation before and after trading, money management, news, stocks to trade and pyramiding.
The Australian financial or fiscal year starts from July 1 - June 30. Because we arrived July 2018, we are on FY 2018/2019. If you arrive May 2019, you will still be under FY 2018/2019. Why is this important? Because at the end of the financial year, centrelink will be balancing your family assistance payments. They will compare your income estimate with your actual income to ensure that they have paid the correct amount.
To be able to transact easier with the government, you need to create your mygovaccount. After creating, secure your medicare number, CRN and TFN. Once you have them, link all your accounts to mygov and you can transact from there.
Click on centrelink once you log-in in your mygov account.You will be redirected to the centrelink website.Click on "Make A Claim" then fill in the forms. You also need to upload some documents like proof of identity, child birth certificate, tenancy agreement, TFN etc. Family Tax Benefit(FTB)** - this was our first claim. This …
I have encountered in some forums people asking whether they will continue paying their contribution or not upon reaching the minimum required contributions; and some comments would suggest that they stop paying and invest to maximize the return. Yes, it can be done. It's like BTID (buy term insurance and invest the difference).
Also, another reason why people discontinue paying their SSS contributions is because of the pension computation. They said that if you have been paying the minimum and instantly increased your payment to the maximum 5 years before retirement, you will get the same pension with the one paying the maximum. However, according to SSS, this is not true. One is not allowed to instantly increase it's contribution to the maximum 5 years prior to retirement. To understand more, SSS issued circular no. 2015-007.
A) If below 55 years old , he/she can change without limit in frequency and in number of salary brackets in a given calendar year.