Sat.Dec 07, 2019 - Fri.Dec 13, 2019

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What is a balance sheet?

MazumaBusinessAccounting

Here at Mazuma, we know financial statements are important for running a small business. There are three basic financial statements; the balance sheet, income statement, and the statement of cash flow. A balance sheet is a description of a company’s assets, liabilities and equity at a specific point in time. This is a snap shot of the business of what it owns, owes, and the amount of investments it has.

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Emotional Alchemy

The Irrelevant Investor

Suze Orman : If you waste money on coffee, it's like 'peeing $1 million down the drain. I don't know when this started, but there is a corner of the internet where personal finance has become a place that puts people down instead of lifting them up. Making people feel guilty about spending money does not motivate them to do the opposite. They've tapped into something here, because guilt is one of the most visceral emotions.

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Is Your Marketing Ready for 2020? (Video)

Indigo Marketing Agency

Last Chance To Get Started On Your Marketing For 2020! It’s your last chance to get your marketing ready to hit the ground running in January 2020 with our Total Marketing Package. January is a critical time for financial advisors because prospects have an unprecedented urgency to act. It’s important to come out swinging with your marketing on January 1st.

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Animal Spirits: Murder of the American Dream

The Irrelevant Investor

Today’s Animal Spirits is brought to you by YCharts. Mention Animal Spirits to receive 20% off (*New YCharts users only) Listen here On today’s show we discuss Buffered Annuities Dalio is more famous than ever JPM guide to alternatives CalPERS fires most of its equity managers Record outflows Stop trying to raise successful kids Pay off your student loans with your 401(k) The most popular search terms of 2019 AgeUp Banana on the wall Charts Recommendations The Economists' Hour Murder on The Or

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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10 Weirdest Stories From 2019

The Irrelevant Investor

10. It's a banana [link] 9. "Where the sun don't shine" has lost all its meaning [link] 8. The Fed cuts rates for the third time in 2019 [link] 7. Negative rate mortgages [link] 6. 40 pizzas in 30 nights [link] 5. Ray Dalio goes to burning man [link] 4. The worst (best?) product demo ever [link] 3. $91 million [link] 2. Infinite leverage [link] 1. LOL [link] H/t @vixologist for the idea The post 10 Weirdest Stories From 2019 appeared first on The Irrelevant Investor.

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How To Maintain Your Life Style in Retirement

The Irrelevant Investor

How much money do you need to retire comfortably? There are four parts to this infinitely complicated question: What is your final salary? How much are you saving? What rate of return do you earn on your assets? How much money do you want to spend in retirement? In order to quantify this, I turned to the talented Mr. Maggiulli. The first table shows the savings rate you would need in order to achieve a multiple of your final salary, with different rates of return.

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Animal Spirits: A Random Watch Down Wall Street, Boiler Room

The Irrelevant Investor

On today's Animal Spirits, we went back and rewatched Boiler Room. Let's just say I feel differently about this movie now than I did when I first saw it. Listen here On today's show we discuss: Microsoft's Unlikely Millionaires The Ben Affleck spech The scene when Vin Diesel sells stock to a doctor When Seth first calls Harry I thought this was the worst scene in the movie Tomatometer It's always a biotech stock, this was the stock from the movie that fell 86% in a day The post Animal Spirits: A

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The Rise and the Fall

The Irrelevant Investor

If a picture is worth a thousand words, then this brilliant GIF from Nick Maggiulli is worth them all. After falling 9% in the 2000s, U.S. large cap stocks returned nearly 250% in the 2010s. After gaining 99% in the 2000s, commodities fell 41% in the 2010s. One of the only iron rules that exists in the world of investing is that the future will not look like the past.