Model Your Way to Riches
Find your model
It has often been said that if you want to get good at something find someone who’s already doing it, and do what they do. If you can learn to think like they do, that’s even better. If your area of interest is investing and wealth building, there’s [...]
401K Funds Allocation 101: Set Yourself Up for Retirement Success
Impact on nation’s retirement accounts
These days, it seems as if you can hardly turn on the TV or radio without hearing news of the current economic recession and its impact on our nation’s retirement savings accounts. And it’s true – many people’s 401K, 403(b) and IRA accounts have lost significant [...]
Flash Trading | More Funny Business on Wall Street?
Taming the oily Wall Street beast
Ask any investor what the last thing Wall Street needs is these days. There will be some variety in the answers you receive, but most anyone will agree that a stock market crash (always a bad thing) would be horrible right now. Particularly since America [...]
New Home Buyers Use Installment Loans for Purchase
First-time buyers emerge
Installment loans are aiding first-time home buyers make the purchase of their dreams. When moving to Phoenix, Arizona, Kostas Kalaitzidis longed for a home. Due to his low-income and the high-cost market, he was unable to buy. Just one year later, he was able to buy a formerly-priced [...]
Is the patient out of intensive care?
Is it possible that the signs of recovery are real?
It could be that while we were busy squandering wealth on all sorts of luxuries we didn’t need and on defense systems that we will never use and borrowing too much money, we actually unknowingly created a super strong economy with [...]
Finding Installment Loans in Today’s Economy
These are tough times
Loss of jobs, depleted retirement accounts and the continuing uncertainty of the market and economy has many people scrambling to make their payments and pay their bills each month. More and more people have defaulted on their loans or had to foreclose on their homes because they [...]
We’re off to Iceland – want to join us?
A change in currency values is working wonders for tourism
Who ever thought of taking a trip to see Iceland? But all of a sudden the Icelandic currency has plunged in value in the wake of some naughty goings on in the banks, and is much cheaper for tourists. Iceland used [...]
A Payday Loan can be a Welcomed Answer for a Struggling Consumer
How can consumers solve money problems in this economy?
Payday loans may help consumers solve temporary money problems in a volatile market. The current recession is quickly being assessed as a long-term situation that consumers and businesses will have to maneuver through carefully. A quick-fix is not realistic. Though there are [...]
Me and My Stock Market Habit
I could have been a racing driver
I grew up in a stock exchange oriented house. The family owned a large furniture business and they floated a company on the exchange. I don’t remember much of those days but there were always uncles and older cousins in deep discussions about the [...]
Can an Unsecured Personal Loan Help You Out in this Economy?
Wall Street’s involvement
While unsecured personal loans have been around for a while, there are other options investment firms are trying to bring to the economy. Wall Street has plans to save the market, invigorate the economy and quell peoples’ fears of investing. But are they realistically able to [...]
The Las Vegas Housing Market – Blackjack or Bust?
Las Vegas Home Sales
Per the Greater Las Vegas Association of Realtors, home sales in the sin city area increased by 30% in March. Sources indicate a large number of sales were to investors who are buying two to three homes at a time. One investor, Arthur Wong, indicated that the [...]
How do you feel about money?
How the recession is teaching us all to love and respect money
We all know that money is the root of all evil. In our everyday speech money is unclean:
It is known as filthy lucre,
If you have too much of it you are stinking rich
If you have too little you are [...]
Lake Elsinore, California: Homes Sell For Fraction of Cost
The American dream… for some
By now, we all know that the housing bubble in America has burst. Refinancing isn’t as valuable a move as it once was, so many families look to payday loans for short-term aid. The housing collapse is catastrophic for all the homeowners who have lost tremendous [...]
FASB: Taxpayers Should Feed Banks More (Pt. 2)
But that’s not all
(This concludes my look at what the FASB has done. CLICK HERE if you missed the opening)…
The FASB is also going to allow companies to list impaired assets like mortgage securities in their books as “other comprehensive income.” This improves operating income by allowing companies to report [...]
FASB Gives Banks Ticket to Doctor Their Books (Pt .1)
Long-term fix or short-term trickery?
Banks saddled with toxic assets have cried to the government for relief. They’ve received a cash advance of taxpayer money, and now they’ve been given yet another gift.
Ronald Orol reports for MarketWatch that the Financial Accounting Standards Board (FASB) voted unanimously to “give auditors more flexibility [...]
Get a Forex Robot That Doubles Your Money Every Month
How to get started in the Foreign Exchange
The ad in the title of this article keeps popping up on my screen; so much so that I eventually clicked on it to see what was going on. It’s not difficult to understand, even for me, a non-money man if there was [...]
Leave Warren Buffett Alone
So he didn’t get everything right, so what?
Don’t laugh at Warren Buffett because he made one or two errors. He’s still one of the richest men in the world. So he made some dumb investments in 2008. Didn’t you? Do you think he’s lost it? Think again!
Why go after Buffett?
It’s [...]
Did you see this market crash coming, because I didn’t?
We should be buying now when the shares are cheap
Will we ever learn from our mistakes? Probably not. The stock exchanges went from a high-point in June 2007 to a low in March 2009, dropping about 50 percent in under 20 months.
2006 and 2007 Celebrations
We should have seen it coming, [...]
Using Loan Modification to Stop Foreclosure
Facing threat of foreclosure?
If you believe you might be facing the threat of foreclosure then it’s not too late to save your family’s home. Mortgage holders who are more than 90 days in arrears on the mortgage repayments are able to apply for a loan modification that can help to [...]
Should I be banking on gold?
Is gold what’s going to save me from going down the tubes?
When times are bad, investors have traditionally sought refuge in gold. With bullion dealers reporting a surge in business, it seems that history is repeating itself. Prices are strong and gold is currently selling at around $930 an ounce. [...]
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