Category: Personal Finance

Losing your job due to a tech merger or acquisition?

If you hear that the company you work for is being acquired, of course the first things you want to find out are … is it true, who is the buyer, when is the deal closing, what is the probability of the deal happening, and will the buyer want to keep me or not? Let…
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There are 4 company valuations for every Internet service company

I have been discussing Internet service company valuations for over 20 years and what I realized a long time ago is there are 4 valuations for almost every Internet service company. 1) There is the valuation that the company CEO/owner has in their mind. 2) There is my valuation opinion … which other than deciding…
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Never do business with this person

Of course I keep a list of the shady people I have met in the 20+ years I have been doing mergers and acquisitions in the Internet industry. The reason I maintain this “Never do business with this person” list is obvious, but there are other aspects of the list that are valuable yet maybe…
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5 Tips to Sell your Home For the Highest Price

Selling your home it can be very lucrative, here are some tips to optimize the process and increasing your chance of getting a better price. 1. Choosing When To Sell: Every real estate market is different.  There are great times to sell and other times that may not be the most ideal.  Generally speaking, the spring…
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Getting Organized for your First Mortgage

Getting organized for a first mortgage in advance will help you immensely when its time to buy your first home.  Here are some of the things that will give you a head start! First, you’ll need your down payment. 3–5% at a minimum, however, I recommend 20% as you’ll avoid expensive private mortgage insurance (PMI). …
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7 Important Things to Know about Your Credit Score and What You Can Do About it

When you apply for credit, and at some point you will most likely need too, you have to make sure your lender trusts you.  One of the tools that lenders use to build that trust, among other things, is the credit score. In fact, your credit score is usually the very first thing that a…
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Here’s the #1 Thing Millennials Don’t Understand about Credit Cards

The economy relies on consumer credit to keep the it ticking along.  And banks have a seemingly endless supply of currency to lend out to those who are both accepting to it and credit worthy.  One of the favorite tools banks have to lend out money, quickly, are credit cards.  When used correctly, credit cards…
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Generating Income from your Portfolio in Retirement

By now, you should have your financial independence number.  If you don’t already have it, click here to get it! As you know, your financial independence number is an estimate of how much you need to live off (the dividends) generated by your portfolio, forever. Creating and self-managing dividend portfolio can be a valuable income…
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Getting Rid of Bad Debt

Let me be the first to tell you, debt isn’t the devil.  When used correctly, debt can be a tool to generate wealth.  But high interest debt, i.e. from credit cards, acts in reverse.  It keeps you broke. Here is an example of what someones debt load might look like: Amount Owing Interest Rate Monthly…
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Becoming Financially Independent – Step Two

Cutting the budget. Yep, that’s right. Cutting the budget is all thats needed to generate extra money at the end of every month. Money that you can use to pay down debt, build an emergency fund, ear mark for large purchase, or invest. Eventually, the last two will be your monthly goal. But how? Now…
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