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Personal Money Management 101
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Personal Money Management 101 blog offers independent, objective and unbiased comment and advice on all matters relating to personal finance.
Recent Posts
Investment Retrospective – A Preemptive Portfolio Protection Strategy
by Steve Selengut A participant in the morning Working Capital Model (WCM) investment workshop observed: I’ve noticed that my account balances are returning to their (June 2007) levels. People are talking down the economy and the dollar. Is the...
How to Read a Financial Statement V
Key Accounting Ratios A number of key accounting ratios can be calculated from the financial statements of a business. These ratios provide an objective summary of the financial health and investment quality of a business. Remember though that accoun...
How to Read a Financial Statement IV
The last (but certainly not least important) financial statement is the cash flow statement. This statement shows the movements of cash into or out of the business. No matter how healthy the profit & loss account and balance sheet may appear, wit...
How to Read a Financial Statement III
The Balance Sheet is a snapshot of a business’s financial position (what it owes and owns) at a particular moment in time. The Balance Sheet is based on the accounting equation: Assets = Liabilities + Owners’ Equity Fixed assets are asset...
How to Read a Financial Statement II
The Profit and Loss Account summarizes a business’s performance over a period (usually a year). Sales (turnover): total sales revenues. Cost of Sales: production overheads, raw materials, employees, product development, changes in stock levels,...
How to Read a Financial Statement I
This section introduces the key concepts of accounting for investors. Its intention is to better enable investors to understand and interpret the financial statements of businesses they might invest in. Accounts provide a (hopefully) objective analys...


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Posted: January 15th, 2008 | More Reviews From ptmoney | Report This Comment