Articles Archive for October 2008
Investing »
Today’s nasty market has left many traders either confused or broke. The most important part of being a successful trader is understanding the various aspects of trading and knowing how to recognize opportunities. InformedTrades.com is an excellent resource for you to hone your skills or to learn everything about trading from the basics to advanced concepts.
Featured, Investing »
Investing is a tricky game. Anyone with stock market exposure over the last few months, which is just about everybody, will definitely agree that investing is not as easy as some would like to believe (especially during bull markets). Today, I’m going to talk about the most important thing you can do if you are an investor or looking to become an investor.
Politics, Retirement »
Reports have surfaced in recent days over House Democrat attempts to make significant changes to 401(k) plans in our country. They first want to remove the tax break we currently receive by contributing funds to a 401(k) plan. Then, they wish to enroll everyone into a government run retirement plan where you would be required to put away 5% of your income to earn a 3% return. Let’s look at why this is likely to happen.
Random »
The world we live in looks nothing like the world 10, 20 years ago. Globalization, terrorism, worldwide financial markets are all powerful catalysts affecting the direction of our country and our world. The book , The Pentagon’s New Map, is a great explanation of the various forces at work in our world and gives incredible insight into the future political landscape of our world regarding war, peace, global economy and more.
The concepts presented in this book also shed light on potential investments in the future. For example, …
Featured, Investing »
I finally got my hands on my very own iPhone. Sure, I’ve played with my friend’s and some of the ones in the Apple stores; but, boy is it sweeter to have my own. After 24 hours of use, I feel this is the best $200 I have spent in a long time. This is truly a rare time when dropping your cell phone (my old BlackBerry) into water can turn out positive.
Investing »
Amazon is a fantastic company with an very average product. Contrast this with Apple with arguably the most important product of this decade: the iPhone. Currently, I am very long Apple (and looking to accumulate many more shares at current levels) and very short on Amazon. I shorted the stock yesterday before earnings, and thus far, it looks like it is going to pay off nicely. With that said, let’s get back to the Kindle that I see everywhere I go.
Politics »
With the lowest-approval-rating-level-ever Congress continuing to push short term solutions focused more on stimulating votes in November than the actual economy, the latest idea is another stimulus plan that could cost $300 billion and up.
Like always, our government, namely Congress is implementing short term fixes that do not address any fundamental issues with our economy. Their actions continue to build the house of cards that is the U.S. economy. Meanwhile, our national debt continues to rise. Where does it end? I’m not sure I want to …
Featured, Lifestyle, Online Income »
The recent financial crisis in our country has truly revealed the dangers of too much debt in our society, both on the individual and corporate level. While our government seemingly can print money to continue its highly leveraged way of operating, individuals cannot. The level of debt in our country is at dangerous levels and we have just begun to see some of the dangerous results of it.
The housing mess is a large result of individuals borrowing too much money and then not being able to afford the …
