SG Young Investment: Understanding Financial Statements (Part 3)

One of the most important of all 3? Honestly I believe the 3 of these are all parts of an image rather than 1 being more important than the other. Anyway I would like to indicate you have neglected THE MOST important part of the financial claims. The Notes. The real amounts in the financial claims are meaningless without them.

What is it made up of? E.g. Investment properties 10M. Is is 1 property or 10 properties. Where are the properties. What exactly are their tenures like. OR Financial guarantees maybe? Great way to borrow money without it showing on balance sheet. E.g. 3 companies create a shell company to improve capital and all provide financial warranties. Neither you have control so it isnt consolidated and does not arrive on any balance sheet.

Operating Leases – the 3rd form of funding. Court case which the company could lose and bankrupt it? Each one of these and more can be purchased in the notes. Please dont forget them ya? A Crazy Auditor that has spent a lot of time on the NOTES. Hopes his work will be of value to you.

Good communication skills will definitely help us to work better with other people. The sociable people we know inside our lives will determine our future. Building up meaningful relationships with people inside our industry may end up being useful somewhere in the foreseeable future. If the right is chosen by you network to construct upon, your likelihood of success can increase a lot. Passion is a robust force.

  • Capital expenses (53,394 )
  • Retirement Income? Annuities Come Up Short
  • Possible high produces with regards to other investments
  • Unable to plan accurately your own future annuity regular monthly payouts*
  • An energetic fund manager
  • Warrants are released under the Warrant rules

I’ve written a few articles on enthusiasm in my blog and am an advocate of finding your interest in life. Passion makes us excel in the plain things we do. We spend hours upon hours on something we are interested in. A person who’s passionate in art will spend many hours drawing.

A person who’s passionate in sports will spend many hours training and sweating it out. The end result is they become so good at it that individuals notice their talents and approach them. They almost everywhere get opportunities from. If you have yet to discover your passion in life, take some right time off your busy plan and think about your interest. What are the items in life that makes you excited? Keep searching rather than give up. Finding your true passion will make your life more meaningful instead of just living everyday without a purpose. Concentrating on increasing our current income is important but have you thought of starting another stream of income?

Some of my friends I know still teach tuition apart from their regular job. Some are doing their own freelance careers such as selling property or even health products. Others like me are blogging and writing which happens to earn some money apart from the passion which started it. Doing a side range job is a good way to have another stream of income.

  • |