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Finance

The Three Top Selling Personal Finance Books

In the recent times, there are many personal finance books available to you in lots of different selections. Once you go to the book stores, you actually just need to look into the best selling books in order to get the right books. This will help not to waste your times searching the one best of hundreds books available to you. Check out the best selling books of personal finance and get one that meet your personal needs.

Your Money Or Your Life: Transforming Your Relationship with Money & Achieving Financial Independence – the Book

Book entitled “Your Money or Your Life: Transforming Your Relationship with Money & Achieving Financial Independence” is the best choice for you. This is one of personal finance books which will answer all of your questions related to personal finance. If you get this book, you’ll find that this will meet all of your need of finance information.

This incredible book provides you valuable insights into changing jobs even if you can’t afford to create the switch. By read up this personal finance book, you can to improve your financial condition even you are in debt, need to alter your finance condition, or financially well-off.

“The Unofficial Guide to Managing Your Personal Finances” is the third choice of the excellent individual finance books are concerned. This is a practical guide that assists one manage one’s personal finances. Furthermore, this supplies useful insights into applying credit cards, dealing with banks, making investments, and how to shop for your car or house without breaking up the bank in the process.

If you want to manage your finance as well as want to have a better financial condition for a better future, you really need to check out these books. Although there are hundreds of personal finance books available to you, make certain you look into these three admirable books.

Interested in finance? For more info on personal finance, click personal finance books.

Money

Three Big Money Profit Stocks

The American corporate profit machine is in full swing:

 

Stock market darling Google Inc. (NASDAQ/GOOG) reported late last week that its third-quarter profit hit $ 2.73 billion on sales of $ 9.72 billion. Earnings and revenue grew 26% and 33%, respectively, from the same period of last year.

 

This morning, troubled Citigroup, Inc. (NYSE/C) announced that it made $ 3.8 billion in its third quarter, an increase of 60% for the third quarter of 2010.

 

Another big U.S. bank, Wells Fargo & Company (NYSE/WFC), announced this morning that its third-quarter profit rose 21% to $ 4.1 billion from $ 3.34 billion in the third quarter of 2010.

 

What do these three companies have in common? They all beat stock market analyst profit expectations. Collectively, these companies booked profits of $ 10.63 billion in the three-month period ended September, 30, 2011.

 

While stock market analysts have been cutting their earnings expectations for corporate America, third-quarter earnings growth have been better than expected. Bellwether General Electric Company (NYSE/GE) reports its third-quarter profit later this week—and I believe it will surprise on the upside as well. The stock market has been very kind to this stock as of late.

 

Corporate America is faring better than what was expected. Again, I believe stock market advisors became too negative too quickly this summer. On the backdrop of negative stock market sentiment and rising corporate profits, the stock market is riding the wall of worry quite well.

 

But there is a big negative for the economy. Public companies will do whatever it takes to make their shareholders happy. And happiness comes from the higher stock market prices of companies. If earnings growth isn’t happening fast enough, companies will cut expenses to bring profits up. In most cases, payrolls are cut first, further impacting the unemployment rate in America.

 

Just look at these two reports from this morning:

 

The world’s biggest maker of lightbulbs, Amsterdam-based Royal Philips Electronics NV, a company most investors simply refer to as Philips, announced Monday that it plans to cut 4,500 employees to boost profits.

 

Lowe’s Companies, Inc. (NYSE/LOW), the big U.S. home-improvement retailer, said this morning that it will cut about 2,000 jobs and close 20 underperforming stores, as it tries to maximize profits.

 

Bottom line: companies are reporting better profits than expected. These same companies will trim payroll “on a dime” to improve earnings. Better earnings result in higher stock market prices. Stock market advisors were wrong in jumping into the bear market camp this summer. The stock market will ride the wall of worry higher, as the bear market rally continues.

 

With Profit Confidential we analyze the actions of the stock market, precious metals, interest rates, real estate and other investments so we can tell you what we believe today’s financial news will mean for you tomorrow!

Finance

Three Ways To Finance Long Term Care

Long term care is often the heat of debate among seniors. Who will provide care among my children or relatives? Where should I stay? How much will I need? Those are just some of the questions that linger on a persons head when he or she becomes a candidate for long term care.

Most medical and life insurance are limited to long term care services, so people have no choice but find alternative or resources to pay for those expenses and mitigate the problem. It is quite impossible to rely on our family members to provide us with care over extended period. And even if thats possible, we often feel the guilt and burden we might give to our loved ones.

Most of us want to ensure our golden years will be as memorable as the previous years we have had. After knowing that our family members will not provide the help we have expected, we should have clear long term care plans to keep us on the right track and insure our health in later years.

There are three ways we can avail long term care services without becoming a burden to our loved ones, but remember the following options have accompanying use and risks

1. Self-insuring
2. Purchase long term care insurance.
3. Get help from Medicaid

Self-insuring: To self-insure or not is a big decision. This is eventually the first option everyone considers, wherein you may use your savings and personal resources to pay for long term care. In fact many financial experts do not recommend this option if you dont have more than enough because it is impractical to pay the costly medical or non-medical services for two or more years. Realistically, if you dont have millions of dollars, you might not want to spend your savings and resources for your stay in a facility. And even if you have lots, you surely want to save for your heirs and loved ones.

Long Term Care Insurance: Whether you agree or not, this is the best product we have in the market so far. Now you know the disadvantages of self-insuring, then you might have understood why you need to protect your assets against the sweeping cost of care. You have to consider the future consequences not only on your finances, but the people around you as well. This insurance also allows you to keep everything in shape stay in a facility where you find comfortable, receive care and assistance be it medical or non-medical, and maintain independence.

Medicaid: Many people thought that Medicaid would save them from paying nursing home bills, but they are wrong: Medicaid will cover the costs only if they are poor or after their assets meet certain limits. If you dont have assets to cover and your resources are qualified for Medicaid, then you may use the programs benefits for your care., but dont expect quality services than LTCi covers.

Determine the options in financing long term care to protect your assets and secure your golden years. Visit our website for more advice and guide on long term plans.