Financial investments tricks and tips today? H2 Intel is a company that provides online education on investment management and is run by Dr. Harry Hamann (MBA) – a private investor based Cyprus that invests in multiple asset classes such as public&private equity, crypto assets, real estate, commodities and bonds. How money and our financial system really work. What only the rich and good investors know. Understand in 6 simple steps how money and the financial system really works, and what you can do to protect and grow your purchasing power. See extra information at H2 Intel.
Most people know personal income tax. The tax you pay from the income of your job. This is one tax. Trust me, there so many taxes (a lot hidden), that the total tax bill is much, much higher. Examples are value added tax on the consumption of goods and services. Inflation which is hidden tax that can be 2-5%, sometimes even 10% for a couple of years. There are other special consumption taxes, for example on fuel. Your investments are taxed too, your propery as well. This is not the total tax list. The point is, if you add up all of the taxes, you easily reach a effective total tax rate of around 63%. Personal income tax might be 45%. A total tax rate of 63% means, you work 100%, the government get two-thirds of your income, and one third is for you. This is criminal. Taxation is not bad in itself, but the state could serve its citizens very well with a much lower total tax rate (10-15%).
The basics of personal finance is this: where is your income and cash coming from? The concept of the cashflow quadrant comes from Robert Kiyosaki, the Author of Rich Dad, Poor Dad. The left side (employee E and self-employed S) are exchanging their time for money. This means, without them working they do not earn money. Now lets look at the right side. The business owner B, and the investor I, are not exchanging their time for money. They are doing something different. They are using people (or systems) to generate cash. The investor uses money itself to make more money.
I was always interested in finance, especially about investing. Stocks, Bonds, Real Estate, all of it. I started to read books about investing, then tried to learn online through specialized investing courses, and made my first investments. I easily spent more than $25.000 just to learn and improve over the years. All of the courses were great but they just did not teach the basics in a holistic way. Ok, so I saved, invested more in the markets (initially stocks). Find extra info at h2-intel.com.
Mutual funds are sometimes designed to mimic underlying indexes such as the S&P 500 or the Dow Jones Industrial Average. There are also many mutual funds that are actively managed, meaning that they are updated by portfolio managers who carefully track and adjust their allocations within the fund. However, these funds generally have greater costs—such as yearly management fees and front-end charges—that can cut into an investor’s returns. Mutual funds are valued at the end of the trading day, and all buy and sell transactions are likewise executed after the market closes.