What will happen to your pocket if you remove three zeros by weight?

This is a normal conversation, which could occur in any store in Colombia where people, to simplify the language, decide to make their accounts by taking three zeroes from Colombian money. So things, a bus ticket in Bogota would cost 1.7 pesos. The water bill in a home in Bogotá stratum 5 would arrive for 180 pesos for the two months. Making a fortnightly market for a couple without children with food, soap, grains, milk, soft drinks, breads, packages, would have a value of 300 pesos.


It would happen with the figures of other things that we consume. An outing to eat as a family would be worth around 130 pesos in the restaurant, with the service included. The brand new mid-range car would cost about $ 40,000, the middle class housing would be between $ 200,000 and $ 400,000, depending on the city and the sector. Imagine that today’s minimum wage does not have the three zeros. This would be 781,242 pesos, read 781 pesos with 242 cents. Continue reading “What will happen to your pocket if you remove three zeros by weight?”

Habits of Successful Investors

Investing and raising equity is not a trivial matter, especially when investors move between risk aversion and the pursuit of profitability. In this context, seven good habits can. Help to accumulate capital with calm and serenity. After all, your money has to work for you, not the other way around. According to Allianz Global Investors, they would be the following: Behavioral Finance the financial theory of behavioral sciences is an increasingly popular approach to investment.

Habits of Successful Investors

From a psychological perspective an alternative to the assumption, so far accepted, that the human being, like homo economics, makes purely rational decisions. These two psychologists were able to demonstrate patterns of behavior that cannot be explained rationally. Probably the prospective theory found room in financial research thanks to Richard. Continue reading “Habits of Successful Investors”

When do you get out of an investment?

An investment is like a plant, to get a little sentimental. We must sow it, let it grow and see how it begins to bear fruit. However, what if those fruits are left too long in the tree? Well someone will come and take them, make cakes and sweets and you will not see a single weight of it. The fruit may fall off the tree and be lost on the ground. You will not want to spend the same with your money.


Investment can be an art and in fact, many of the ‘King Midas’ market are constantly talking about the subject. For Warren Buffet, the millionaire many investors are still in the market, those who are beginning to understand the issue must diversify have multiple products to offset risk exposure within the market. We better not are entangled do not put all the eggs in the same basket says the most popular board on the subject. Continue reading “When do you get out of an investment?”

You Will Never Regret Investing in Real Estate Even if It Costs a Lot

There are people who are quite hesitant about spending their entire savings on real estate. If you are one of them, you should change your mind. Yes, real estate is expensive, but the value increases over time. Later on, you might want to sell the property and even get twice as much.

Just be positive about this decision. You will get a lot out of it in the end.

It is under your name

Once you have finally invested in a property, you can safely say that it is yours. The property is under your name, so no one can take it away from you. Go back to the days when you were still younger and you kept dreaming of finally having your own property. This is the time for you to make that dream a reality.


Image via freedigitalphotos.net (Phil_Bird)

You deserve a reward

How long have you been working? It might be several years since you first started working, but you get nothing out of your hard work. Your money ends up being spent on paying bills. This is not something that should happen to hard working people like you. If you invest in real estate, you can say that it is a reward for everything that you have worked hard for. You may end up spending more later on, but at least you have something tangible to hold on to. Continue reading “You Will Never Regret Investing in Real Estate Even if It Costs a Lot”