Articles Archive for November 2008
Investing »
I never do the early morning Black Friday sales blitz, but I didn’t end up at a Lowe’s store at about 10am on Friday. I was there to buy some car wax to wax my car with later that day. I was shocked to see not that many shoppers and a ton of “doorbuster” items still in stock. I walked by a Black & Decker drill bit set for $15.00 and liked the deal, so I bought one. Other than that, I stuck with the few …
Online Income »
One of my favorite things to research and discuss is the pursuit of multiple income streams. How much better would you feel in a weak economic environment where you might lose your job if you had another income stream independent of your career? Not only is the extra income extremely useful for reaching your financial goals but it can also help reach a higher level of income diversification.
Lifestyle, Politics »
Happy Thanksgiving everyone. And with Thanksgiving comes the day after Thanksgiving, known as Black Friday. The day where supposedly the retailers go from the red to the black (losing money to making money), except this year it might take a few days after to get into the black.
This is a day of big time sales in order to draw the droves of consumers into stores, ring up the debt, and take home lots of shiny new products. With Black Friday only a few days away, I figure it’s a …
Investing, Politics »
You probably have already figured out yourself how clueless the market “experts” on CNBC and other media outlets are regarding the financial system, the stock market, and the overall economy. Here is a fantastic example of how clueless they have been for the past few years. In this video, you will see some of the biggest names in finance such as Ben Stein making fools of themselves. Pretty sad and pretty entertaining at the same time.
Careers, Featured, Investing, Lifestyle, Online Income, Politics, Real Estate, Retirement »
In my previous article, I talked about how we got where we are economically. We addressed real estate, why stocks are crashing and more. I also hinted at two future major crises that are potentially may hit our economy next. It is important to consider such events so you can prepare, and even profit, from them.
Careers, Featured, Investing »
If you flip on TV to try and see what the heck is happening with your job, your company or your 401(k), you probably hear terms like derivatives, toxic assets, de-coupling, etc. After a few minutes of the ridiculous financial jargon, you say, “Screw it” and turn off the TV. The reality is that the current situation, the current crisis can be much easier explained. Since we aim to help 20-somethings, who for the most part are new investors and new workers/employees, this is the perfect audience for such an …
Careers, Featured, Investing, Online Income »
The economy is in shambles. Companies and, in some cases, entire industries are going under. What does this mean for you, your investments, your job, your income? Let’s discuss some of the possible economic areas yet to fall that might be likely. Let’s also discuss the best way to survive and even thrive during this time.
Politics »
The bailout situation is a mess. If it weren’t so sad for the state and health of America, it’d be funny. The debate this week is over the big 3 automakers requesting bailout money. In the news also are the cities of Philadelphia and Atlanta asking for money. The reason state and local governments are struggling is because they are forced to balance their budgets. The Federal government isn’t and they can borrow or print money to give to the local governments. Yeah, that …
