My monthly online income & blogging report will be released here in the next few days, and I’ve had a spike in the income.  I’m thrilled about it.  In advance of this report, I want to do an exercise that I’ve done on here before but it’s one that I think is worth doing repeatedly.
For this exercise we will be considering an online income stream that produces $1,000 per month – this is a nice round number that is suitable for this illustration, and as you will see in my …

If you read this blog, you know I’m incredibly bearish on the U.S. economy as a whole moving forward.  If you don’t typically read this blog, then go through some of the other posts to read why.  I feel it is important to say amidst all this bearish talk that there are definite opportunities available today and in the future despite this bleak macroeconomic view.  This is your motivation to keep moving forward.
It’s important to realize that even when the macro economy as a whole is struggling, there are still …

This past week had 3 100+ point moves in the Dow.  A rarity in the world of slow, but constant moves higher in stocks as mandated by economic master Ben Bernanke.  Two days of down 100+, and one day of up 100+ this past week.
Sovereign debt , so-so GDP numbers and the potential for removing of stimulus from the economy has investors eyeing more volatility in the near future.  At least the markets aren’t so boring during weeks like this.  I want some buying opportunities!
I definitely believe we have more …

The conversation started with me complaining about how people have stopped paying their mortgages and are still living in their homes.  For more background, read the recent post on strategic default.
Bill: Had a friend of the family who did that. Bought for about 500 with like 95% finance. House worth like 250 now. He just stopped paying. He is older so won’t need credit that much anymore. Will just rent a house the same size for much less once he is forclosed on. Who knows how long that will take.
Me: …

There are some big marches around the world today with workers demanding better pay, better conditions and more jobs.  Ok, I could see demanding better pay and conditions, but demanding better jobs seems comical to me.  As if jobs are created out of thin air simply in response to a worker’s demands.
It seems like we’ve forgotten that jobs are created by businesses.  Businesses needs to be created and/or grow in order for “more jobs” to be available and offered to workers.  This requires innovation, capital, hard work, entrepreneurship, etc.  So, …