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 [...]
Stocks: What are they?
There are many companies looking for money to increase and modify their production capacities. One way they do this is by sharing the ownership of the company with individual investors.
The ownership of the company is divided into many parts – there could be millions of these parts. [...]
Behind the plush image
When you think of an investment bank, the image that probably comes to mind first is a well-dressed banker sitting in a plush office on the top floor of a skyscraper. He or she leisurely sorts through a stack of papers on the desk, or takes an [...]
Where to go for good investment advice
Previously, I wrote about the Fortune 500 companies whose stocks performed well last year. If you want to see returns on your stock investments, look into dollar stores, food wholesalers and other types of discount retail. However, this article is about which companies lost the [...]
A solid investment
IBonds are U.S. Treasury bonds with interest rates that are adjusted for inflation. They are engineered to make sure you always make a real profit, so they never lose value. The interest rate on IBonds right now is 5.64 percent, much higher than a traditional savings account.
So where [...]
U.S. Treasury issues secure bonds
IBonds, iBonds or I bonds, whatever you call them, they are becoming more popular nowadays. It’s pretty obvious why: they are practically a no-risk investment.
IBonds are savings bonds issued by the U.S. Treasury and the interest rate is frequently adjusted for inflation. It is adjusted every [...]
What’s a cheeky investment?
Dicitonary.com says cheeky is “Impertinently bold; impudent and saucy.” Make a cheeky investment with your payday loan and you will be glad that you did it. But how are you going to do it?
Never enough money
There is never enough money. When we get $1, we will need [...]
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, [...]
Your house is not an investment – enjoy it
Your house should not have been bought an as an investment. It should have been bought strictly to live in, to enjoy and to grow your family in. Of course everyone tells you these stories of the huge financial killings they made [...]
More handouts for Wall Street
Many Americans have found that during a financial emergency, payday loans can help bridge the distance between paychecks. Some have even used the product for educational materials that help them retrain for better jobs. However, in New York (where pay day loans aren’t legal, to the state’s [...]
Payday loans help people from all walks of life to absorb the budget shocks that emergencies can create. Yet even short-term scenarios like these become increasingly difficult to swallow during a deep recession. This raises a question that’s on the minds of many Americans: “When is this going to end?”
To [...]
Payday loans are a great investment
Rich Duprey reports for The Motley Fool that non-traditional financial companies that provide short-term consumer credit are a great investment during the current recession. When banks and credit unions stop offering credit, pawnshops and payday loans are the saviors of choice.
Storefronts that cash checks (which [...]