The most important Tool you need…..
Besides your Brain, Financial knowledge, and some Common Sense, the most important tool is a Financial Calculator.
To know how to use one, understand what it does, and how it can help you, a financial calculator will be the single most important thing you can have in your Toolbox. My calculator has made me more money than any other thing I use to Find and Buy Notes for my self directed IRA. A financial calculator can save you money once you have mastered it’s use.
There are many different kinds of Financial Calculators out there. I have an HP 10bII like this one.
This calculator is very easy to learn how to use. It comes with a good manual to learn more than just the basics as well. I recommend it to anyone who needs a financial calculator and it will pay for itself over and over again.
I’ll write another post soon on how to use it to calculate Yield, Monthly payments, etc.
August 13th, 2007 at 8:08 am
I couldn’t understand some parts of this article .., but I guess I just need to check some more resources regarding this, because it sounds interesting.
August 13th, 2007 at 5:58 pm
If you can tell me what parts are confusing to you I’ll try to clear that up.
Will