Personal Money Tips

I’ve not written for a while due to time commitments. Quite a bit of time was devoted to making my work process more effective and efficient. It involves how I manage my emails, contacts, faxes etc. across multiple platforms and tools. Then there is a site I have that I want to limit my audience. So I went hunting for the right plugins and testing it. Ahh, the bane of modern online life.

I surfed about a bit looking for information to do that and then I realize that all this information can be packaged and sold. It might be others like me wanting to do the same thing for themselves. Of even packaged into videos and ebook. I think videos and ebook might be a long short since move internet savvy enough people will probably figure out how to do it, there are still tons of people around that might want to do the same thing who does have the inclination or desire to fiddle around. (more…)

I came to this conclusion. Cash is no longer an asset! Yeah, you read correctly. With inflation rearing its head rather alarmingly, prices of almost everything has gone up. I’ve noticed something happening over the past few months and wonder whether cash can still be considered an asset.

When I say cash, I mean anything that’s liquid that gives you very low return.

If you define an asset as something that will either :

• grow in value over time, or
• produce an income or throw off interest,

then, I have to say that cash is no longer an asset. It depreciates like heck, interest from FD or savings account (where I live anyway, is peanuts). Yeah, some of you lucky souls out there have online banks available, I don’t.

There is not much motivation to hang on to cash. Looking at the way things are heading, there’s limited option to grow your money. Without getting into sophisticated investments like collectible, it leaves me with properly selected real estate, value stocks and some mutual funds.