Four Pillars of Income Financial Freedom Blog

Achieve Financial Freedom and Build Wealth for Keeps

Archives November, 2009

29 Nov

I am now debt free. What do i do to rebuild my credit score?

I got credit cards when i was young, and as a result, have bad credit because of collections and such. I am now DEPT FREE but want to start rebuilding my credit score. What should i do?
Continue getting your reports for free once a year at
annualcreditreport.com
Try to delete items that are old - over 7 [...]

19 Nov

How do I determine my net worth?

I have almost ne debt except one auto loan (8,000)
Rent so no home equity
savings of 27,000 dollars by end of month.
401-k is 20,600 dollars but only 60% vested so actually only about 12,000 is mine.
Do I add value of my car and a boat that is paid off.
I would like to know how to calculate [...]

19 Nov

How can I start building my wealth at the age of 16?

I want to be quite well off when I’m older, but everyone says that the earlier you start thinking about your money, the better off you are.
So I am 16, I’m going to study architecture at uni, and i have a job that pays about $4000 a year. I also have a little bit of [...]

16 Nov

Im working on a novel & need the Net Worth of General Motors and a few other companies. How would i find that?

In this novel i need to cite the net worth of large companies such as BMW and GM. This is simply to make it more believable, not to cite the exact number, just so I have a ballpark figure.
go to Yahoo Finance. Then punch in GM in the stock quote block. Most [...]

13 Nov

What is the best vehicle for a poor man to build wealth in stocks?

Maybe I shouldn’t even invest at all since I don’t have much money to play with because of low income huh?
Should a very poor person like myself buy a lot of penny stocks and hope I have a great penny stock and build wealth like that or should I pick a rich person’s stock which [...]

10 Nov

What percentage of the USA’s net worth is domestic?

In other words, when our ecomony is eating crow like it is right now and our financial system is on the brink of ruin, how does this effect our governments ability to bail us out? When does the bucket run dry? Are we, the people, a percentage of our governments investments and worth?
Approx 34 percent

[...]

10 Nov

If you want to build wealth what’s the most effective way Penny Stocks or Blue Chips?

Penny Stocks will get me there quicker, Blue Chips will be less risky. However, how much profit do you see off Blue Chips anything amazing? How many dividend reinvestments would it take to obtain one more share say for example Mc Donald’s. If I bought one share of McDonald’s how many dividend reinvestments would it [...]

10 Nov

How to have Financial Freedom & to get Time freedom side by side?

Its about earning good money and spending quality time with family and friends that’s what we all want isnt it?
Yes it is, read my profile if you will and contact me. I will share my story and offer some advice.

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07 Nov

What is the key strategy for building wealth? Looking for Income or Growth?

Depending on which one you tell me. What are the investments that I need to be going after if it’s growth? What are the investments that I need to be going after if it’s income? Are Blue Chip stocks great for building wealth and income?
Pick up a few books and read up on stocks. Go [...]

07 Nov

just wondered why people think it is so important to have a house paid for and debt free?

really what does it matter. I say have fun, life is short and what does it matter how much stuff you have. when your dead it is not going to matter.
It’s important to those of us who are looking at the idea of retirement in less than 30 years and those who are [...]

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