If there is one lesson that I have learned well as a successful Internet marketer, it is this: The money is in the niche! You see, even without a subscriber list, you can still make wads of cash online. But without a hyper-responsive niche, your business is a dead duck. You need to find real white hot niches to strike a fortune online.
For instance, on the one hand you may need to keep your money stable so that it can provide you the income you need to live. On the other hand, prices for medications, insurance, food and fuel keep going up each year so you need some way to protect the purchasing power of your income from the long-term effects of rising prices.
How long does it take for the prospective Vermoegensverwalter to reply to your email or return a phone call? In other words, what kind of service can you expect?
European inflation unexpectedly accelerated to the fastest in almost three years. The euro-area inflation rate jumped to 3 percent this month from 2.5 percent in August, the European Union’s statistics office in Luxembourg said. That’s the biggest annual increase in consumer prices since October 2008.
Determine the financial worth of your business. Even though you have hired experts to do this for you, it helps to know enough about the process to oversee their work. This book gives you this knowledge.
A savings bank account allows you to issue cheques, which is not possible with mutual funds. To pay house rent to the landlady, you have to redeem your liquid funds units, let the proceeds come to the savings bank account and then issue a cheque.
Recently, the Reserve Bank of India came out with a discussion paper on deregulation of interest rate payable on a savings bank account. A chart in the discussion paper throws light on how savings bank account interest rate and other key rates have been in the recent past. It is clear that the money market offers better returns for very short-term investments than the returns offered by the savings bank account.
In addition to being a nationally syndicated columnist and Certified Financial Planning Practitioner, Mr. Voudrie provides personal, private money management services to clients nationwide.