http://www.richbrott.com Helping you become Debt free, Stress free, and Set free Mon, 18 Jul 2011 01:58:35 +0000 http://backend.userland.com/rss092 en Paying cash means making some lifestyle changes and sacrifices, but it will keep you from drowning in a sea of red ink on your journey to financial freedom. Paying cash keeps you focused. Paying cash ... http://www.richbrott.com/2011/07/17/five-reasons-to-pay-with-cash/ So how IS living?  Are you experiencing the good life in the land of opportunity?  Or, financially speaking, are you not doing so well?  If so, I’ve got an answer for you!  A solution that will take care of you for the rest of your life.   But ... http://www.richbrott.com/2011/07/15/living-below-your-means/ ATTITUDE isn’t simply a state of mind; it is also a reflection of what we value.  Attitude is more than just saying we can; it is believing we can.  ATTITUDE is a CHOICE! Attitude requires believing before seeing, because seeing ... http://www.richbrott.com/2011/07/15/choosing-your-attitude/ Have you ever given any thought to owning your own business?  If so, maybe you are an entrepreneur!  Or maybe you are the managerial type and you want to grow an existing business.  Perhaps you are neither of the two, but instead you are the administrative, analytical ... http://www.richbrott.com/2011/07/15/thinking-about-becoming-an-entrepreneur/ In his book Weather Flying, retired pilot Robert Buck talks about the importance of the copilot during serious weather conditions: “A copilot during serious instrument flight is a necessity—not required by regulation, but without doubt, ... http://www.richbrott.com/2011/06/12/our-financial-copilot/ Retirement Issues & Musings & Random Thoughts I’ve created numerous budgets for possible retirement scenarios.  The one thing that seems to always jump out at me, is that I need to work more, save more, spend less and prepare ... http://www.richbrott.com/2011/06/09/thinking-about-retirement-%e2%80%93-expecting-the-unexpected/ Market Averages – Investment Returns Investing has its risks.  Investing in the equities market has its risks and volatility.  Every investor must assess his/her ability to live with both overall risk and seasonal volatility.  According to investment broker Charles Schwab & Co., Inc. since 1926 equities have generated an average of ... http://www.richbrott.com/2011/05/29/did-you-know-on-investing-2/ Specific Risk   Specific risk involves any occurrences that may affect only a particular company. For example, the death of the founder, political developments, or heavy debt can affect a particular firm adversely. Some huge companies that have been around for a very long time, even ... http://www.richbrott.com/2009/01/17/unraveling-the-mystery-of-investing-8/ Company Risk If a company’s stock value decreases due to financial difficulties, this creates an instant company risk. Internal factors such as inefficient production and poor management or external factors such as problems with the industry, the economy, or trade can contribute to company risk. ... http://www.richbrott.com/2009/01/16/unraveling-the-mystery-of-investing-7/ Market Risk Market risk is the risk associated with market fluctuations that can depress the value of particular investments. All stocks and bonds can be affected by downturns caused by fraud, war, or calamity. Additionally, certain types of investments can experience a major downturn should there be a slowdown in ... http://www.richbrott.com/2009/01/15/unraveling-the-mystery-of-investing-6/