Failing to account for annual bills
Most people keep track of their monthly expenses such as mortgage payments, grocery, transportation, and entertainment. On the other hand, they fail to account for annual expenses. For example, if you pay your life, health, and auto insurance premiums on a yearly basis, you might forget to add it to your monthly budget. Similarly, if you have a website, you might forget to add the yearly web hosting charges to your budget. Other annual expenses that people tend to forget include credit card annual fees, annual car maintenance costs, HOA fees, and taxes. To avoid this problem, make a list of all your annual expenses, add them up, and divide the total by 12. Set it aside each month so that you have enough cash to pay your annual bills without having to dip into your savings or funds that you have earmarked for other purposes.
Small-cap winners galoreThe big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
Smarter cryptocurrency investmentsThe stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.