There are many different ways that investors use to try and determine a stock’s share price and what it is really worth. Typically, investors fall into one of two categories. They are either financial analysis investors or technical analysis investors. Investors who use financial analysis use many means to price a stock’s shares. Two of the most popular methods are the price to earnings ratio simply called the PE ratio and growth rate. What Is A PE Ratio? And, How Do You Calculate It? A PE ratio is the value of the price of a share of … [Read more...] about How To Using PE Ratio And Growth Rate To Find Cheap Stocks
Archives for September 2011
Dave Ramsey’s Baby Step Four – Invest 15% Of Your Income For Retirement
The last week, I wrote an overview of Dave Ramsey’s baby steps system from his book, The Total Money Makeover, and I have been dissecting each of his individual baby steps as well. The Total Money Makeover is a personal finance book that I highly recommend and one of the greatest personal finance books to read. Today, we will look at Baby Step 4 in more detail which is to invest 15% of your income for retirement. There are seven Dave Ramsey baby steps that you should follow in order that will lead you to financial … [Read more...] about Dave Ramsey’s Baby Step Four – Invest 15% Of Your Income For Retirement
Dave Ramsey’s Baby Step Three – Fully Funded Emergency Fund
The other day I wrote an overview of Dave Ramsey’s baby steps system from his book, The Total Money Makeover. There are seven baby steps that you should follow in order that will lead you to financial peace that he discusses in his book which is one of the Top Ten Personal Finance Books of all time that you should be reading. Today, we're going to focus on baby step 3. Dave Ramsey's baby steps are… Baby Step 1 – $1,000 Emergency FundBaby Step 2 – Pay Off All Of Your Debt With A Debt SnowballBaby Step 3 – Fully … [Read more...] about Dave Ramsey’s Baby Step Three – Fully Funded Emergency Fund
Dave Ramsey’s Baby Step Two – Pay Off Your Debt With A Debt Snowball
The second baby step in Dave Ramsey’s The Total Money Makeover is to pay off all of your debts except your mortgage. He recommends doing this by using a debt snowball. When Dave Ramsey talks about paying off all of your debts except your home, he means exactly that, all of your debts. This is where you list all of your debts in order from the smallest balance to the largest balance. You should include all of your credit card debt, student loans, car loans, loans to parents, debt to the IRS, money borrowed from your parents or … [Read more...] about Dave Ramsey’s Baby Step Two – Pay Off Your Debt With A Debt Snowball
How Debt Can Ruin Your Retirement
This is a guest post by Mike Egan who is the author of “Your Stronger Financial Future”. A recent article in the New York Times focuses on seniors who are considering mortgages on new homes when they retire. The article is a good summary of what seniors (or anyone considering a mortgage application) should expect and the specific items to have handy, such as proof of income and a good credit score. What the article doesn’t address is the question of whether a mortgage is a good idea, either for a senior (65 and older) or anyone else. … [Read more...] about How Debt Can Ruin Your Retirement
Dave Ramsey’s Baby Step One – $1,000 Emergency Fund In The Bank
The other day I gave a brief overview of Dave Ramsey’s baby steps system to financial freedom that he outlines in his book, The Total Money Makeover. There are seven baby steps that you should take in order to gain financial peace. Baby Step 1 – $1,000 Emergency Fund Baby Step 2 – Pay Off All Of Your Debt With A Debt Snowball Baby Step 3 – Fully Fund Your Emergency Fund Baby Step 4 – Save 15% Of Your Income For Retirement Baby Step 5 – Save For Your Children’s College Education Baby Step 6 – Pay … [Read more...] about Dave Ramsey’s Baby Step One – $1,000 Emergency Fund In The Bank