Myles of Investments

Read about my successes and failures. Learn from my experiences and gain insight without losing any cash!!!

Lesson: Catching a Falling Knife
Lesson: Currency Exchange
Lesson: Mutual Fund
Lesson: Paid to Wait
Lesson: Pricing in a Downturn

This is where you’ll find find my Blog. I will comment on the latest news relating to investing, real estate, and the financial markets.

Money Making Tips

Check out this section of the site to get different tips and ideas on how to save and make money in various ways. Different business ideas will be discussed, to find ways that most people can start a new endeavor to generate money each month. Also figuring out how to save more of your money each month is underrated, yet very effective method of growing wealth. Some people will tell you that “you can’t save money to make money”, but that is both true and false, it just depends on your perspective. It is false, because you aren’t just going to save yourself into retirement riches since you aren’t earning new and increased revenue each month. On the other hand, your not going to get rich spending it all either. Saving money can help you get richer: If you are getting a paycheck that is the same each month, look for ways to reduce your expenses. If you reduce your expenses and make the same amount, the money you will have to spend at the end of the month will increase! You aren’t quite ready to retire yet, but you are still richer each month.

This section will include ideas and examples of easy concepts that can be powerful if put into action. Getting rich is not dependent on your IQ. There is no correlation between millionaires and high IQ, just think of the smart guy who has all of the great ideas in the world but can’t get enough motivation to put any of them into action, or the person who has one idea, and works on it for years until it is a great business! This being said, just because a concept is simple, does not make it any less valuable in your toolbox of money-making ideas. It can also be one of the hardest concepts to actually implement though it is widely understood. Budgeting and saving are simple concepts but there are many people who still don’t have anything left at the end of each month! So learn both the simple and complex concepts, and implement as many great ideas as you can, and see how far you can take it in your own life.