Today, while the overall stock market continues to pummel the average investor, I decided to take some action that I usually don’t do. I bought a stock strictly on a technical break-out and then sold 20 minutes later for a quick $300 profit. It was a learning experience and an easy chunk of money to earn as the market opened this morning. The beauty of it? This kind of strategy is completely independent of the overall market fundamentals which means you can make a killing no …

The last three months of my life have been quite the learning experience. Since April of this year, I have been working hard and consistently on this blog, 20s Money. It’s been quite the journey and I have learned everything from writing, web development, monetization strategies and more. The most amazing thing I have learned about is all of the different ways there are to make money on the internet. It is incredible. Through this post, I hope you have a better glimpse of the …

I am a firm believer in learning by examples. Today, I am starting a series called “Profiling 20-Somethings Who Pursue Wealth.” In this series, we will look at numerous real people in their 20s doing various things to get ahead in the road to riches. Hopefully, these examples will help provide some direction in your brainstorming and planning.

It’s an exciting time for the markets. We are at a low for 2008 and many think this market downturn is here to stay, myself included. The current economic conditions are more than simply a credit crunch in the financial system, it is a low-growth, inflationary, deflationary environment that will get worse before it gets better. Let’s take a look at why the Dow is likely headed lower.

The market is making me look rather wise these days. In the past days and weeks, I have documented how I have been pulling back on some positions due to the head winds for stocks. Today, the market continues to slaughter weak-hearted investors as the Dow drops another 300 points. Are you being massacred or are you finding winners in the ugliness that is the U.S. stock market?

Here in America, we have a widespread attitude of blaming everyone else for our problems. Personal responsibility is not a popular concept to embrace. We look to the government for our general welfare. We look to government and companies for our retirement. We blame cigarette companies for cancer, gun companies for murder, and banks for subprime mortgages. When do we decide to take responsibility for ourselves and for our own future?
This blog is about taking a hold of our financial future and not relying on …

In my pursuit for a second income stream, I have established the $500 a month target as my goal for several reasons.  First, $500 of extra income a month is a level where your lifestyle or financial picture can actually be affected by this amount.  An extra monthly $500 could be the difference between accruing debt and having a great savings plan.  Furthermore, $500 a month in income proves that the particular income stream is alive and well and has potential for even higher numbers.  Let’s take a look at …

How do you plan to make money during bear markets? I have been writing recently about how the near term future has numerous head winds which should be damaging to equity prices. It seems the market has been agreeing with me over the last weeks. What are you doing to beat the market and make money when the market is getting slaughtered?