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Articles Archive for December 2008

Investing »

I frequently read on other blogs about why you should put money into CDs and how to create CD ladders and so forth. Well, I’m here to tell you that a CD is a terrible investment and why.

Featured, Investing »

Christmas is coming and what a great time of year it is.  While I could tell you all the fun gifts I would love this year like an iPod touch, a new Macbook and a brick paver patio, I am going to tell you what me as an investor wishes for this year.  Here is my Investor’s Christmas Wish List…

Online Income »

I stated several months ago that my goal on this blog was to achieve $500 a month in side income. For the first time since starting the blog back in April, I have achieved consecutive months of $500 in income. I am definitely excited to have reached this goal in only six months. If you originally told me in six months I would have $500 in monthly income from this thing, I would have been thrilled. Now, I’m focused on my next set of goals. …

Budgeting, Investing, Lifestyle, Trading »

This financial crisis had many effects. Some effects have been frustrating, some have been disastrous. While there are thing you cannot control, there are also some that you can. What you take from this crisis and what you learn from this crisis are things you can control.
It is so important to maximize every single opportunity in your life.  The current environment is definitely an opportunity for many things.  On one hand, it is an opportunity to buy some cheap assets (I’m not going into this in this …

Featured, Investing »

The image of Corporate America has surely taken a beating in the past decade. A few years ago, we had the debacle with companies such as Enron, Tyco, Worldcom, etc. where they participated in accounting fraud which left many shareholders and employees with worthless brokerage and retirement accounts. Now, in the past few years, we have had the financial system utterly collapse due to over leveraging, a bunch of greed and even fraud. With that said, do you have any trust left in Corporate America?
A related and …

Featured, Investing »

Today, the Fed cut rates to record lows, between zero and 25 basis points.  This is no surprise, but is simply another action in their course to encourage economic growth at all costs, even the cost of the dollar.  My position has been clear, that government officials want short-term economic results and have absolute zero consideration for long-term economic health.  This is strictly because short-term results mean re-election.

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