Fighting fear and greed in the financial market
Trading in the stock market is based on the interaction of three components: analysis, money management and the psychology of trading. The emotional component can both positively affect and lead…

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Everyone has their own path to entrepreneurship
In recent years, I have been asked many times: Is it possible to learn entrepreneurship or need to be born with it? Why and how do people get infected by…

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Free and promising niches for starting aFree and promising niches for starting a business Source of material:
The reasoned choice of a niche for business is the foundation of successful entrepreneurship. How to lay this foundation with minimal risks, and what market trends should be followed? You…

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How not to become a “landed passenger” in the financial market

Rule 1: limit your losses
Always put the “foot”. Translated from trading to a common language, this means that in any transaction, even before you do something, you must determine the maximum amount of loss. Even if you buy some stock or another asset (well, for example, gold) with investment objectives for a long term (5-10 years), then you still have to say to yourself: if this share or asset depreciates by more than 20 ( 30 or 50) percent, then you take and sell it and thus fix your loss. And here there is a very strict rule: the first “stop” is the most correct one. And so you can not expose the foot. How it works? Very simple. Continue reading

Salary, personal income tax, contributions to the FIU and FSS

It is clear that in the total wage, which the employee receives “on his hands”, there is some kind of basic basis, let’s call it the salary necessary for a person to be able to satisfy his primary needs. There is even such a term – the minimum subsistence level. The relevant authorities recount it quarterly and publish it. In the Tomsk region, for example, in the third quarter of 2014, it amounts to 8,815 rubles. At the same time, this indicator serves as a signal beacon for entrepreneurs in determining the minimum wage. Continue reading

The rule of the “Golden Section”

Vitruvian Man – a drawing depicting the figure of a naked man with his arms spread apart, describing a circle and a square, in two, superimposed one on the other, positions. This drawing, made by Leonardo around 1490-1492, is sometimes called canonical proportions. Any of you can get more detailed information about these proportions from the Internet. For our topic today, it is interesting that followers of Leonardo da Vinci, who studied the Golden Section rule, found it universal and applicable not only to nature, but also to man, for example, in architecture, music and art. Is managing finance, business, economics not art? Continue reading

SOS in financial markets or save your money
How to save your savings? What should a poor Russian citizen who has even a little rainy day money do? In crisis, the answer to this question is very, very…

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Limited liability company is a popular business tool.
Within the limits of their shares, LLC participants will receive dividends and bear the risk of losses. Consequently, the participants of the company risk only that they contributed to the…

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