Do you want to become a millionaire? I’ll assume you answered yes to that question. What are your plans for getting there? Rob a bank? You will probably have to rob a good number of banks to get to a million dollars and then you will most likely end up in jail anyway. On second […]
The other week I was traveling for vacation and while sitting on the plane, my seatmate started talking to me about the various marijuana stocks that are now being traded in the stock market. He was selling this one stock in particular (I won’t mention it since it’s a penny stock), telling me how he’s […]
If you pay any attention to business news, you will no doubt hear stories on how so-and-so company is implementing a stock buyback program or how they are increasing the amount of their current stock buyback program. The question is, what the heck is a stock buyback program and as an investor, should you care? […]
Most of us sit down sometime around the new year, organize our finances, and create a budget for the upcoming year. We plan out our expenses and how much we want to save. Then, many of us either put the budget aside and never look at it again, or we follow along, exactly as planned. […]
A reader recently wrote in wanting to know how to become a billionaire. There is no set path to becoming a billionaire. If there was, you can be certain that I would have majored in it in college along with everyone else. Realize from the start that odds are against you becoming a billionaire. I […]
Have you heard of the new debt instrument the Treasury Department issued earlier this year? It is called the two year floating rate note. You may be wondering why the Treasury is issuing a new instrument now. The answer lies in the fact that it is still pumping money into the economy to right the […]
Investing in mutual funds can be a challenge when you take into account the fees that are associated with them. As time has passed, some mutual funds have become very sneaky in how they charge you fees. I say sneaky for two reasons: First, they will claim that the fund doesn’t charge a fee when […]
With the volatility of the stock market and low interest rates, many investors are looking for ways to earn a decent return on their money and also keep their principal safe. While it is common knowledge that you cannot earn a high return unless you take on a higher risk, you can still earn a […]
In order to be a successful investor, one has to learn how to buy low and sell high. This can be hard since many of us allow for our emotions to get involved. As a result, we tend to buy high and sell low. But even when the buy low, sell high strategy is followed, […]
Read most financial publications and they will speak to you about why you should never buy a new car. The total cost of a new car, including the depreciation is a waste of money. And don’t even suggest leasing a car. You’ll be banished quicker than Napoleon. I’m not here to tell you any of […]
