Diversification has always been touted as the best strategy to follow when investing. However, there are certain threshold requirements one needs to do even before considering diversification. You shouldn't even consider investing before you have at least 3 months equivalent income stashed away some place. This is going to be your spending money this step is very much crucial.

While it is just a matter of discipline and will power to start saving for your nest-egg, it is just that easy to shoot it goodbye. A couple of wrong decisions and you might write your own poverty statement because you will realize that by the time you are out of cubicle nation, you are also out of any money saved to tide you. To ensure that you won’t go wrong anywhere with your retirement funds, here are five ways to help you:

Diversification and investment strategies are never complete without adherence to a few principles that you must pay attention to before investing in stock markets. For a hassle investment journey, here are some 10 golden rules for investing that you must follow:

“I am going to quit smoking tomorrow…”How many times have you said this and how many more times have you heard it? Smokers, like alcoholics, make this pledge many times in their lives because they need to and they break it for the simple reason that pledges are always meant to be broken. This does not mean that every time you will take a pledge you will break it. Try to make this the last one because you can do it and you are going to do it. Believe it and you will, here’s some help:

“Congratulations on landing that project – it must be quite a toothsome, eh? How much did you get paid for it?”, “You didn’t? I thought as much!” Does this conversation sound familiar to you? Are you in the throws of despair since the clients have not cleared the payment for all that work you have done for them? This receivables problem can ruin your cash-flow equation and can devastate your business single handedly. How do we surmount this problem?

There were times when Henry Ford made cars in Black and folks just purchased – no questions asked. Today, however, the tables are turned. It is an achievement to be able to penetrate into some markets now. The competition is such that you can’t think of surviving if your products or services can’t cut the cake and feed the customers. What can be done to revive your marketing plan?