Republicans V Democrats
Posted on December 12, 2008 - Filed Under Article | Leave a Comment
I was watching Larry King Live the other day when his guests were Michael Reagan (Republican), Jesse Ventura (independent), and Katrina Vanden Heuvel, an Obama Supporter and Democrat. After listening to them for a while I said “what are they talking about?” After watching programs like this and really paying attention to the discourse, it’s [...]
Position Sizing and Risk Management
Posted on December 11, 2008 - Filed Under Article | Leave a Comment
With the recent horribly tragic events of real estate and debt instrument investment experiences, some public information on risk management deserves attention. Position sizing deals with the portion of total asset exposed to risk/reward.
Putting it all on the line or “betting the ranch” tends to carry exceptionally high risks of ruin, since it leads to [...]
How to Increase Your Savings and Eventual Wealth
Posted on November 15, 2008 - Filed Under Article | Leave a Comment
The American Dream is different for every person. In general it’s something similar to – Money, A Beautiful Home, and Perfect Relationships. Today, our topic is Money. We will discuss getting it, and what do with it in order to increase your savings and eventual wealth.
In order to increase your savings you must first have [...]
Handling and Understanding Interest Rates
Posted on November 5, 2008 - Filed Under Article | Leave a Comment
Nowadays banks are creating new beneficial policies to draw people into their programs. People start to think banks are just changing in order to help people. This idea may be right, but this new change costs and therein lies the trick. A few months after someone signs into the credit card service, the interest charges [...]
Financial Debunking – The Real Story About Debt in America
Posted on November 1, 2008 - Filed Under Article | Leave a Comment
How the media portrays American spending and saving habits may have little to do with the statistical truth. Let’s take a realistic look into how people manage their credit cards in these United States.
I probably scared many people in a recent article by discussing the use of credit cards for paying bills and using them [...]
The Total Money Makeover by Dave Ramsey – A Review
Posted on October 30, 2008 - Filed Under Article | Leave a Comment
“I had too much debt, too little savings, and no sense of control over my life.” -Dave Ramsey
And then he put into practice the principles taught within The Total Money Makeover. Fact is, Dave has a lot of credibility because he’s been there! I would venture to say that all of us (at one point [...]
Get Rich Tricks – Tips on How to Save Money
Posted on October 25, 2008 - Filed Under Article | Leave a Comment
This is a short list of ways you can save money and begin to acquire wealth. It’s really not about how much money you make, it’s about how much you save.
1) Sock some money away. Okay this one seems obvious, and it is. But if it is so obvious, why do most people ignore it?
Well, [...]
Trading Forex – New Korean Currency Crisis?
Posted on October 23, 2008 - Filed Under Article | 1 Comment
Back in 1997 major financial slump rocked number of countries in Asia, an event that became known as “Asian currency crisis”. Effected countries included Taiwan, Thailand South Korea and others. One of the memorable comments of the time came from one of leading Thai politicians. He blamed this whole mess on speculators, with George Soros [...]
How Long Do You Have to Work to Pay For Stuff?
Posted on October 22, 2008 - Filed Under Article | Leave a Comment
Have you ever looked around your house, apartment, condo, townhouse or whatever you live in and wondered where all the stuff came from? I mean, really look. What have you bought and then ignored ever since? Do you even like the knick knacks anymore? Do you even use what you bought anymore?
How many candles holders, [...]
Create a Personal Budget in 7 Easy Steps
Posted on October 20, 2008 - Filed Under Article | Leave a Comment
If you financial situation is out of control it may be time to create a personal budget. This could be the decision that gets your finances back on track because it takes back control of what your money is doing. You want your money to work for you not your creditors, which is exactly what [...]