Time management is critically important and is something we should spend a great deal of our energy improving in our lives.

The following interview provides some really excellent insight into the economy today. I strongly encourage a watch!

By Monty Pelerin
Investing is never easy, although sometimes it seems that way.
During a bull market, most everyone is successful and believes he has superior abilities. Many investors were geniuses, at least in their own minds, during the decades of the 1980s and 90s.
In the 21st Century, markets and the economy changed. Many of the geniuses flunked market tests provided by brutal financial and real estate markets. They didn’t suddenly become stupid. They were never as smart as they believed.
Many are now trying to rebuild savings for a decent retirement. Some …

As I mentioned in a recent post, I’m currently on an all-cash, low-spending month long experiment. My goal here is to really see how well I can do with decreasing my spending for this month.

Mortgage rates are hitting record lows in the low 4′s these days.  Most people’s reactions to this is something along the lines of wow, we’re never going to see rates this low again!  Funny thing is that I’ve been hearing this for years.  I believe that we will in fact see even lower rates in the future.  Why?  Because the only thing holding up housing from absolutely crashing are the low rates.  As the situation deteriorates, the rates will need to go lower.  I wouldn’t be surprised to see the …

By Patrick S. Graham
As a Commercial Credit Analyst, I have spent the last 7 years underwriting commercial and real estate loan transactions ranging in size from $100,000 to $100,000,000.  Each of these transactions usually involves a Borrowing entity (LLC, S-Corp, etc.) and an individual guarantor, who will ultimately be held responsible for the loan, should things not go as planned.   Under this typical borrowing structure, I am responsible for analyzing the creditworthiness of both the Borrowing entity AND the individual guarantor to ensure …

As we’ve been discussing in one of the forum threads (click here to see), the Euro debt crisis is still very much underway.  While the debt crisis is definitely going to “flair up” at some point, it’s best to be positioned for opportunities that might come our way when it does.
What might these opportunities be?  As we’ve been discussing in another forum thread, many multinational companies are trading in an inverse pattern with dollar strength – meaning that when the dollar is up, these stocks are down.  Since the dollar …

Ok, the market had a big down day today.  I’ve been saying that for stocks to rally, the Fed needed to drop a nuclear bomb on the economy and really open up the printing press engine.  They opened it up but only a little bit.  As such, the markets tanked today.  Ok, we got that.  What next.
If the market moves to correct here which is a very real possibility, we need to know what to do with it.
First, you should have some of your long portfolio hedged.  I own a …