It has fallen upon the consumer to make our economy strong. All the politicians, economists and talking heads on TV are telling him (that’s you and me) to get out there and spend your money. Buy that new car, build a new house and fly off to some remote place for an expensive vacation.
Where did […]
E-currency is very popular on the Internet today. People use different electronic funding companies, such as Stormpay, E-gold, Paypal, Moneybookers and the list goes on. E-currency helps us to pay for online products and services; it also saves us a lot of time.
The problem is — how to get paid instantly via Stormpay, E-Gold or […]
As 2005 comes to an end, investors celebrate the coming new year and bring new expectation with it. As investors, we try to sell our losing investment before the year ends and sell our winning investments after the new year. This is to receive the benefit of early tax deduction and deferring our tax liability. […]
When trying to invest in stocks there are two primary ways; mutual funds and individual stocks.
Mutual funds are a way of investing in a set of stocks with a single purchase. Mutual funds have several advantages:
Simple diversification, get many different stocks with a single purchase. Purchase different types of funds to get […]
And what a great analogy ‘string up’ is, because after all those months of paper trading winners are replaced with real money losses, that is exactly what you will feel like doing to yourself.
The Trading Psychology Viewpoint
No discussion about trading, or the consideration to begin trading, can be done without a harsh realization - […]
Gold is Money
Gold is the only commodity produced for accumulation of wealth. All other commodities are produced to be consumed by industry. Coal for example is widely used in the production of energy. Gold, on the other hand, is not consumed, but stockpiled. It is this tendency to hoard gold rather than consume it that […]
When it comes to making decisions, our minds tend to perceive and react to the information available to us, each in its own particular way. This is not something we think much about. It is a part of each of us. Trying to change this process is almost impossible.
This is usually not of any consequence […]
Have you ever wondered why so many solid businessman drive
cruddy, old cars from a dingy, run down offices to their
palatial homes in the suburbs? Warren Buffet, perhaps the
greatest investor alive is known for this. The reason they live
this life style is not because they are cheap misers but because
they have a high level of financial […]
With the current downturn in the stock market and the likelihood that interest rates will remain low in the long term, there has been considerable interest in investing self directed 401(k) or IRA funds in real estate.
Ironically, there seems to be a direct correlation between the surge of interest in this area and the lack […]
If you’re like many people, your retirement savings have not been growing consistently over the years. We’re not referring to the wild fluctuations in the stock market, but rather the fluctuations in our short-term needs. Every once in a while, it just seems like a good idea to yank ALL those retirement savings out and […]
