Archive for the Category ‘Advice’

7 Deadly Sins of Debt

7 Deadly Sins of Debt

Due to a number of people sending me emails in order to seek out debt advice, I decided to compile a list of the top 7 cardinal sins which inevitably lead to it. Before reading this list, be aware that there are specialists who work within Debt management and Debt consolidation, such as Debt Free [...]

The Mysterious Case of Credit Card Enslavement

The Mysterious Case of Credit Card Enslavement

Ah…yes, the mighty credit card. I still remember being that teenage kid when I first received one in the mail – what a joyful day that was. Told myself, “I’m worth ten thousand dollars now”! If only I knew the irony behind that afterthought years later. So then ladies and gentlemen, let’s move on [...]

World Economy on the brink of Disaster

World Economy on the brink of Disaster

Surely we have all been brainwashed by the surplus of media constantly battering us with the downsizing, rightsizing, and bankruptcies. It just never seems to end, banks buying out one another, mortgage companies delisting from stock markets, and the ever mounting credit from desperate borrowers seeking that extra help to keep their companies afloat. [...]

Investment Tips during a Recession

Investment Tips during a Recession

Financial gurus will actually make money during a recession. In fact, the current economic situations should have no significant impact on your personal finances as long as you think smart and plan ahead of every investing decision you make. Yes, indeed some people will withdraw themselves from investments during a recession, fearing total economic collapse, [...]

401K’ nockout!!! Down for the Count?

401K’ nockout!!! Down for the Count?

2008 will go down in history as the worst year on record for individual retirement account performances. Most 401k retirement plans and IRAs were down 40% on average for the year. Many retirement accounts that were heavily weighted in international funds performed even worse. Most international funds finished down more than 70% for the [...]

Add a little firepower to your portfolio!

Add a little firepower to your portfolio!

Growing up as kids, we’ve all enjoyed the occasional scuffles with our brothers and sisters over who’s the better action figure — Barbie with her fabulous hair, or Ken and his chiseled frame.
Unfortunately, I myself,  much like the rest of you have aged beyond these childhood games. Now that I am an adult, the real [...]

Stock Market Crash

Stock Market Crash

With the bailout plan failing (700B being intended only for a few major players, not the whole market) a crash is imminent. I realize I have not been updating my blog posts regularly, and that’s because I refuse to invest my money blindly in a market that follows no fundamentals, no patterns, no sentiment [...]

4 Secrets to Successful Investing

4 Secrets to Successful Investing

New investors are often interested in purchasing a company’s stock but are not sure where to begin. These four characteristics should serve as helpful guidelines in your search for a good investment.
1. What is the price of the entire company?
When doing research, it is important that you look at more than just the current [...]

7 Essential Tips for Young Investors

7 Essential Tips for Young Investors

Money, cars, a nice house or condo, these are all possessions and assets associated with the wealth we all dream of having. Reading quite an extensive pool of articles on the internet and in various magazines, I have compiled a list of the 7 most influential guidelines for a young investor to cultivate in [...]

Riding the Bull with Yingli

Riding the Bull with Yingli

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It’s summer time, the weather’s nice, the sun is out — And so is Yingli Solar. Today, Friday August 8th I have decided to go all in on this stock. Make or break, this will ultimately decide the fate of my portfolio. Am I a little worried? Not at all. In fact, I have [...]

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