Make Money Investing The Warren Buffett Way

Ally Bank has been around for a long time although the name is probably new to banking customers. Ally Bank used to be GMAC prior to 2009. GMAC was a large financial services unit that gave both auto and home loans. When GMAC converted into a bank holding company in 2009, the company transitioned into its new name Ally Financial. Ally Bank is a subsidiary of Ally Financial. … [Read More...]
Credit unions are well-known for putting a personal touch on loan processing and getting people with bad credit the loans they need. While personalized service is a great asset for any business, convenience is absolutely crucial in today’s mobile, online market. In this respect, credit unions still lag behind conventional banks. People enjoy the convenience of online banking from a variety of institutions, but credit unions are still experimenting with online banking and document management. … [Read More...]

The economic outlook for the United States has been looking up in recent years. Corporations are reporting outstanding earnings as companies like Apple have surged to all time highs. Even the banking giant Bank of America (one of my core long term holdings) has seen its share price approach double digits. Corporate executives are back to making huge bonuses again at many of the firms troubled during the economic downturn. Even the stock market has almost doubled with the Dow Jones Industrial … [Read More...]

Google and Apple have been on a tear with both companies taking out the $600 level. The same cannot be said of all technology companies. There are a few laggards out there that seem to be keeping the NASDAQ from reaching its optimal level. Let’s take a look at a few tech giants that have been stuck in a holding pattern. … [Read More...]

ETFs, or exchange-traded funds, are among the most popular investment tools for newbie investors. Much like mutual funds, they consist of a group of stocks or commodities based on an existing index, such as the S&P 500 or NASDAQ. They may also consist of a group of stocks in the same general industry, such as the Global X Fishing Industry ETF, which contains holdings in twenty fishing-related companies. … [Read More...]

My aim is to always be honest with the readers of my blog. I always try to keep them informed of my winning and losing investment ideas. Most of my picks have been dead on but occasionally I have some picks that go the other way. One of these is the company Apple. … [Read More...]

Gold has been on a bullish run as investors have made the precious metal a mainstay in investment portfolios. It has historically bee a safe haven during times of economic uncertainty. Investors in the United States have historically held the largest amounts of gold but the demand for gold has not only been spurred by domestic demand but from international countries. As the infographic below illustrates India and China have been buying far more gold than the United States recently. … [Read More...]

Most first-time home buyers have an extensive to-do list that covers all the important steps in the process. Equally important, however, is a list of what not to do when buying a home. Missteps before and during the mortgage application process can end up costing thousands of dollars in added interest costs and in extreme cases can even prevent prospective homeowners from obtaining financing for their dream home. Here are seven things to avoid when planning the purchase of a new home. … [Read More...]

The stock market has been on a roll for quite some time now. The Dow Jones Industrial Average is approaching 13,000 and the economic outlook is looking better. The United States economy has added more than 200,000 jobs and the unemployment rate is down to 8.3%. There is more good news today about how the number of available jobs is at a three year high.Money is pouring into the market as investors are falling in love with stocks again. So, should you start piling fresh cash in the market? … [Read More...]

Buying a home for your family is probably one of the biggest financial responsibilities that you will ever take on. While it is a big financial step, it is not one that should be overwhelming for the average person. It does involve several steps, but with a basic overview of the process, you should be able to complete it without any issues. … [Read More...]

As an American abroad it can be difficult to come to terms with both a new way of life and a totally foreign financial sector. The American and British systems although they share many comparative terms and policies are executed in different ways and have to comply with government legislation and tax laws. Inheritance tax and capital gains tax both potentially affecting the amount of money either you or your family will receive when you cash in your policy or when your estate is being … [Read More...]

The unemployment rate has recently dropped to a low of 8.5%. That is the lowest rate that it has fallen to in quite some time. Job seekers are being presented with a few more options from potential employers. It is important for job seekers to do their due diligence before accepting any offers. You do not want to accept a job offer just to find yourself quitting the same job a few months later. That is why you need to do your homework first. Here are a few things that you need to look at before … [Read More...]

This may sound like a broken record but Yahoo is undergoing a major overhaul once again. The company’s cofounder Jerry Yang resigned from the Board of Directors this week stepping down from a post that he has held for years. Yang’s departure has caused a temporary bump in the stock price as investors seem to be in favor of the move. So, is Yahoo finally ready to get things right? … [Read More...]

Prosper.com is one of those peer to peer lenders that connects people that are looking for money

Mint.com is a free web based form of personal finance software. The software allows users to manage
There have been a lot of prepaid debit cards to hit the market today. Most of them are for people

The big winner on a down day for the stock market is Warren Buffett and Bank of America (BAC). Bank of America is up 9% on a day when the market is down 200 points. In a surprising move, Buffett made a $5 billion dollar investment in the banking … [Read More...]

Investors that are in the market for some income should take a look at these dividend stocks. These companies have a history of increasing their dividend payouts and have yields that are making them look attractive to income investors. These stocks … [Read More...]

Telecommunication and cable companies are good bets for investors because of their growth potential and dividend payments. While I have talked about the great dividends being paid by AT&T (T) and Verizon (VZ) many times in the past; there are … [Read More...]