How to get extra money advices by asset management expert Farrukh Kazmi

Strategies to make more cash tips with investment expert Farrukh Kazmi? Interested in generating passive income? You need a website. It’s THE way to make money while you sleep. Starting a website with Bluehost takes less than 20 minutes, costs hardly anything and can be done by an 82 year-old. It only takes a bit of plugging on social media to get your first visitors, and there are plenty of ways to monetise your site. Save the Student is just one example of a successful website, started at university by Owen Burek in his first year, which has since grown into a full-time and sizable enterprise. Read Owen’s step-by-step guide on how to start a website in 20 minutes. It’s really one of the best assets you can have.

A company’s ability to sustain healthy dividend payouts is greatly enhanced if it has consistently low debt levels and strong cash flows, and the historical trend of the company’s performance shows steadily improving debt and cash flow figures. Since any company goes through growth and expansion cycles when it takes on more debt and has a lower cash on hand balance, it’s imperative to analyze their long-term figures rather than a shorter financial picture timeframe. In order to ascertain the investment merits of gold, let’s check its performance against that of the S&P 500 for the past 10 years. Gold has underperformed compared to the S&P 500 in the 10-year period ending Jan. 26, 2018, with the S&P GSCI index generating 3.27% compared to the The S&P 500, which has returned 10.36% over the same period.

We all know the saying ‘don’t put all your eggs in one basket’, but it’s particularly important to apply this rule when investing. Spreading your money across a range of different types of assets and geographical areas means you won’t be depending too heavily on one kind of investment or region. That means if one of them performs badly, hopefully some of your other investments might make up for these losses, although there are no guarantees. If you’re looking for new investment opportunities and are willing to accept greater risk in exchange for the potential of greater returns, then investing and trading in stocks, also called equities, may be right for you. Create an investment strategy & build a balanced portfolio aligned to your investment goals. Start your search for the investments that may be right for you with our powerful independent research. Manage your portfolio with access to your online trading account. Farrukh Kazmi is the founder of A&S Asset Management, I am committed to helping people achieve financial freedom by bringing Wall Street experience to the local investor.

An ETF can own hundreds or thousands of stocks across various industries, or it could be isolated to one particular industry or sector. Some funds focus on only U.S. offerings, while others have a global outlook. For example, banking-focused ETFs would contain stocks of various banks across the industry. Bond ETFs might include government bonds, corporate bonds, and state and local bonds—called municipal bonds. Industry ETFs track a particular industry such as technology, banking, or the oil and gas sector. Commodity ETFs invest in commodities including crude oil or gold. Currency ETFs invest in foreign currencies such as the Euro or Canadian dollar. Inverse ETFs attempt to earn gains from stock declines by shorting stocks. Shorting is selling a stock, expecting a decline in value, and repurchasing it at a lower price.

Many people seek out professional financial advice from a professional, but with so many options to choose from it may seem overwhelming to find an advisor. First, determine what level of advice and service you require and how much autonomy you’d like to give away to a professional. Look for professional certifications and designations after an advisor’s name, such as CFA, CFP, or CIMA. Determine the fee structure you’re most comfortable with – fee-only, commission-based, or based on assets managed. Ask for referrals and then run a background check on the advisors that you narrow down such as from FINRA’s free BrokerCheck service. All of our brokerage accounts are held and available for viewing at National Financial Services, a Fidelity Investments Company. Registered Representative of and securities offered through Berthel Fisher & Company Financial Services, Inc. (BFCFS). Member FINRA/SIPC. A&S Asset Management and BFCFS are independent entities. Find extra information on Farrukh Kazmi.

See, the sum is much greater than the parts. It’s like a formula, where the more things that you do right the more money you’ll be making and the faster you’ll reach financial freedom. While each of these is important, when you manage all of them well, you’re going to be making the most of your money and your time. It’s also important to track everything using a simple free app like Personal Capital. When you manage your money well, it’s like making money in your sleep.

In previous years, increased wealth of emerging market economies boosted demand for gold. In many of these countries, gold is intertwined into the culture. India is one of the largest gold-consuming nations in the world; it has many uses there, including jewelry. As such, the Indian wedding season in October is traditionally the time of the year that sees the highest global demand for gold (though it has taken a tumble in 2012.) In China, where gold bars are a traditional form of saving, the demand for gold has been steadfast.