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Tag Archives: finance

Funny man with calculator / Lustiger Mann mit Taschenrechner

Stake, Yield, Return on Investment (ROI), Profitability – Definitions and Formulas

The terms Stake, Yield (Revenue) and ROI (Return on Investment) confuse many people. We have also noticed many online publications using these terms incorrectly. This article is therefore a definitive guide to put the record straight… Image:...
Dollar notes / Geldbündel zusammengerollter Dollarscheine

How to Calculate Losing Streaks & Optimal Bankroll

In this article we will teach you to determine how large your starting bank needs to be to avoid bankruptcy by calculating the longest losing streaks that can be expected from your chosen betting strategy. What is Bankroll Management? Bankroll...
Man weighs money on a scale / Man wiegt Geld auf einer Waage

Top 10 Tips: How to Save Money without Living Cheaply

You don’t need to be a millionaire to live an enjoyable life. Here are the top 10 tips on how to save money and at the same time live a good life, and I mean a really good life. Live your dreams without tightening your budget to a point which...
Young woman agonizing over financial calculations in her kitchen / Junge Frau quält sich mit finanziellen Berechnungen in ihrer Küche

Always in the Red? Control your Banking Behaviour!

Recently, an old friend came along and asked me to have a look at his finances. Despite the fact his monthly net pay was in the region of £2,500, his overdraft was constantly rising. He often found it quite difficult, especially at the end...
Cartoon: Businessmen look on as old timer uses divining rod / Geschäftsleute sehen seinem alten Mann mit Wünschelrute zu

What You Should Know About Value for Money & Personal Finances

The crucial importance of truly understanding the concept of ‘Value for Money‘ first dawned on me when I was appointed by a school in England to sort out their finances in 2003. Despite being a well-funded state school their budget...
Man in suit hiding his head in sand / Mann im Anzug versenkt seinen Kopf im Sand

Are You the Architect of Your own Fortune, or Misfortune?

Richard Wiseman of the University of Hertfordshire is a luck expert: In numerous surveys and experiments he has researched what luck actually is and he has published various books and publications in which he advocates that luck is merely an...
Financial reports, calculator and pen / Finanzberichte, Taschenrechner und Stift

Similarities and Differences between Stock Trading and Football Betting

Analysing Investments In the stock market there is a rule of thumb: Buy shares when the stock chart heads in a direction from bottom left to top right, and don’t burn your fingers when the curve is falling from top left to bottom right. Whether...