I love reading about individuals who chart their own path, going in a different direction than the herd.  While obviously we don’t read about the countless failures of this path, but typically only the successes (i.e. Timothy Ferriss “Four Hour Work Week”), it is still fun to read and think on such people and their paths.
Most of us view a “different path” as one different than a normal job/career lifestyle.  This “normal” existence typically means working some version of a 9-5 like job Monday thru Friday, with a few weeks …

From Zero Hedge,
“Crash? OK, 20% correction brings to to about $1,000, there is your crash, so what. Gold is not in a bubble yet. Sure, everyone is talking about it and it ran a lot lately, but it is 24% above it’s 2008 high, that is not parabolic compared to 70%+ in stocks off their March lows. Why are metals always in a bubble and stocks never are? These are also the same idiots who thought real estate would go up every year, forever. I can make the argument that …

Recent “strength” in the dollar has many America bulls saying, see, our financial situation is fine, after all, we’re way better than Greece!  The reality is that the Euro is just dropping faster than the dollar which provides the dollar relative strength against the Euro.  Measuring the value of the dollar against the Euro is pretty silly.  Yes it has an impact on exports which is important, but you can’t gain any realistic measure of “strength” by comparing fiat vs. fiat.  Only when comparing the dollar against gold can you …

The following video does such a fantastic job of thoroughly explaining the global economy and the issues we face in simple terms.  Anyone can understand this video.  Warning, the video uses facts and figures that  you might not like.  The video is close to an hour long, so skip American Idol tonight, and watch this instead.  You won’t be disappointed.

The only man in Congress who seems to understand the economy correctly.  Unfortunately, he’s in his 80′s.  Great interview from this morning.  It follows the typical formula of CNBC hosts trying to ask the same questions over and over to try and get Ron Paul to somehow say that the recovery is real.  The answer to Becky Quick’s comment on Ron Paul’s losing strategy over the years is priceless. Check it out.

When it comes to building secondary income streams, the web is your best friend.  Even if you’re not a techie or a web guy, the web is still your best friend.  The reason for this is because the web can multiple your efforts and your income.  Let’s look at an example.
Let’s say that your a fantastic auto mechanic, and you bring in some extra income for your family on the side doing auto-work.  The problem is that you’re limited with your time and you can only bring in money based …

Compare the rise in gold compared to other notable bubbles from recent years.  You decide.

When you buy a stock, the ultimate goal is to realize a profit by eventually selling it. While there is a plethora of information on selecting the right stock and determining when to buy it, the subject of selling remains somewhat ignored. Prudent selling, like buying, is an art that requires a strong stomach, thorough analysis, and faith in your decision. Waiting too long to sell a stock and seeing the price drop or dumping too soon and seeing the price rise is just as painful as making a buying …