FLBC 026: The Fundamentals of Investing

Podcast Details:

Podcast Title:  The Fundamentals of Investing
Podcast Series: Financial Literacy Boot Camp
Full Illustrations available on YouTube Version here.

 

Questions/Issues We’ll Address on this Episode:

1) Review of 2016 Investment Performances
2) What is an asset class? How big are they? Which should l choose?
3) How to track your portfolio if you are managing it.

Helpful Links:

Link to 2016 Asset Class Performance

 

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Where to Find Us:

Website
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#FinancialLiteracyBootCamp

Bio:

Dominique is owner of DJH Capital Management, LLC. a full service, comprehensive financial planning firm helping individuals build roadmaps to reach their financial dreams.

© 2017 DJH Capital Management, LLC.

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FLBC 025: Protecting, Maintaining and Enhancing Your Credit

Podcast Details:

Podcast Title:  Protecting, Maintaining and Enhancing Your Credit
Podcast Series: Financial Literacy Boot Camp
Full Illustrations available on YouTube Version here.

 

Questions/Issues We’ll Address on this Episode:

Protecting –Understand the FCRA.  This allows you free access to your credit reports to check the details.

Maintaining – Get identity theft protection and look at it as an insurance product.

Enhancing – You have to know the formula.  YOu also have to understand what the formula is designed to portray or illustrate.  The Formula – 35% payment history; 30% amount owed; 15% length of history; 10% type of credit accts; 10% new accounts.  The Formula’s purpose is to convey how well you borrow and pay back money.  So if you are a cash buyer and don’t believe in debt then your FICO score will likely be low.  It doesn’t reflect your level of income to debt or assets–so don’t look at it that way.

Helpful Links:

Blog Article on Credit

NumberSense by Kaiser Fung

Check your credit report for free

PIRG Report

Submit a “Boot Camp Listener” question

Sign up for more updates like these

Where to Find Us:

Website
Blog
LinkedIn
Facebook
Twitter

#FinancialLiteracyBootCamp

Bio:

Dominique is owner of DJH Capital Management, LLC. a full service, comprehensive financial planning firm helping individuals build roadmaps to reach their financial dreams.

© 2017 DJH Capital Management, LLC.

Sound bumps provided by www.bensound.com

Protecting, Maintaining and Enhancing Your Credit

You have to know the rules, if you want to play the game.

For years, there has been a fairly profitable industry in credit reporting.  In this age of Big Data, the trafficking of personal information feeds the marketing machine that drives the spending of the all important greenback in our global economy.   But how can the average consumer protect, maintain and even enhance his or her credit?  The fundamental thing to understand from a lender’s point of view though is whether a loan will be paid back –  this is known as default or credit risk.  Typically speaking, lenders are interested in two things:  principal repayment and cash flow while the loan is outstanding.  So, having a good system to evaluate the likelihood of a borrower’s ability to repay is crucial to: whether the loan should be made at all, and what interest rate should be charged.  So let’s see if we can uncover some ways to understand and even take advantage of that system to benefit you!

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