Stock picking was all the rage because everyone was convinced that stocks were where you should be because the performance was so great. Stock picking gave individual investors the idea that they could generate even larger returns therefore they ate it up. Hot stock tips spread via newsletters and word of mouth like wild fire. The reality is that these tips could work if someone read the fundamentals right. Unfortunately all of this ended in 2008.

For approximately 5 months I have been managing my “mutual fund” via Youtualfunds.com – which is a very cool platform. My performance over the last 5 months has been very good. While the performance is encouraging, I’ll be the first to admit that a 5 month time frame is very short. You can follow my performance by…

The current economic collapse has caught most American’s in a peculiar buying situation: you can either avoid purchasing new technology and fall behind on the technology curve, or you can purchase it and encumber yourself in more credit card debt than you could have ever imagined.

Essentially countries want lower currencies priced against other currencies in order to stimulate exports. Of course if your exports are cheaper for other countries, then stuff is also more expensive for your own people, but that’s irrelevant, right? Well, what happens when EVERYONE is devaluing against eachother trying to all stimulate exports? Well, you have all currencies losing value.

It takes special talent to destroy a state (New Jersey) and a private company (MF Global). MF Global has had its shares halted and will be heading for bankruptcy. Jon Corzine, former CEO of Goldman Sachs, Senator and Governor of New Jersey is the CEO of MF Global. He’s essentially the epitome of everything wrong with Wall Street – the shining beacon of politics merged with global finance. I hope he goes broke.

A rundown of commentaries on current events such as Occupy Wall Street, the idea of income disparity, what is happening in Europe and Netflix!

With more than one year separating us from the 2012 Presidential election it’s admittedly a little lousy how much media attention is being paid toward the campaigns of potential candidates and the President’s chances of reelection.

Interestingly, the mainstream media is starting to pick up on a few trends that I’ve been talking about for years: namely that the 20-somethings coming out of college are going to be in big trouble. The reasons for this are:
1. College degrees are becoming not much more than a piece of paper that says you’re slightly better than someone who didn’t goto college.
In other words, they don’t mean as much as they used to.
Why? Because college has turned into so much more than education. Now obviously there are exceptions to …