More people are growing concerned over the direction of the economy because the rate of growth has been slowing down. Corporate earnings are not what they once were and there is more tightening taking place in the economy. The negative news is causing the general public to start fearing that the market as a whole could be heading lower. If you think that is the case then there is still time to make some adjustments to your finances. You can use the following tips to limit the effect that the economy has on your portfolio. [Read more…]
Archives for June 2011
Social media sites are rushing to have their IPO’s as they are trying to strike at a time when demand is high. Social media companies deserve credit for learning lessons from early social media sites that failed to strike while the iron was hot. No company reflected this aspect of bad timing more than MySpace. MySpace was once valued at $580 million dollars when Rupert Murdoch’s News Corporation bought the network back in 2005. Some investors believed the company was worth more than a billion dollars in 2008. So, how much is Myspace worth today? [Read more…]
Building real wealth is a fairly straightforward process. A person simply needs to accumulate assets and shred liabilities. This sounds simple, but in reality most people have a very difficult time keeping free from liabilities. Our current American economy is built upon the concept that people will borrow and spend money on a consistent basis. If people stop spending money on consumer products, then the economy enters into a recession. Everywhere we go in society, we are constantly bombarded from every side by aggressive advertising and marketing campaigns that seek to bilk us out of our hard-earned cash or take on consumer debt in order to buy the latest gadget, automobile, or gizmo. [Read more…]
You might only think that regular people run into financial difficulties but the truth is that money problems can happen to anyone. There are more stories in the news about wealthy people going bankrupt. More and more athletes are having financial issues with several prominent athletes declaring bankruptcy recently. Now fiscally irresponsible businessmen are finding themselves unable to pay their bills. Tom Hicks drove the Texas Rangers into bankruptcy and now Frank McCourt has done the same thing to the Los Angeles Dodgers [Read more…]
I typically save my stock picks for my investment newsletter. Today, I thought that it would be interesting to take a look at a few stocks that I have been writing about recently. These three companies have been in the news lately and investors may be wondering what to do if they own shares. I have one company rated as a buy, one sell, and one hold. Here is my stock buy and sell list.
Dividend stocks are a great way for investors to generate income from their investment portfolios. I have written a number of posts on the importance of dividend investing and how it can work for you. You can use dividends to help your portfolio boost its investment returns. The following is a guest post by Mike from The Dividend Guy Blog and a dividend investing beginner website: What is Dividend. [Read more…]
Every year Warren Buffett auctions off a lunch meeting in which individuals bid for the opportunity to meet Warren Buffett. This year’s auction bought in a record haul as the winning bidder paid $2.6 million dollars for lunch with Buffett. The proceeds raised from the lunch are donated to a charitable organization that helps to feed the hungry. The winning bidder likely saw the purchase as an investment that is well worth the $2.6 million dollar price paid. We now know how much a lunch date with Warren Buffett is worth. How much is a lunch date with you worth?
I am often able to add new shares of stock to my investment portfolio without placing one dime of my own money. I own a number of different stocks that pay me dividends. Instead of receiving a cash payout from all of these companies, I simply opt for dividend reinvestment which adds more shares to my initial investment position. This method has worked well for me and can do the same for you as well. In order to give you a better understanding of how dividends work, let’s take a look at the magic of compounding through dividend investing. [Read more…]
The United States Post Office is in financial trouble and has been on this path for quite some time. The United States Postal Service announced that it will not be making prepayments to its health care retirement fund for employees for the rest of the year. The USPS is facing serious financial problems that is forcing the organization to consider making some major changes. This will be the first time that the federal mailing service has missed making these payments since it was mandated by Congress. The move is the first in a series of moves that the postal service needs to make if the organization would like to remain solvent. [Read more…]
The current economy has made it incredibly difficult for people looking for work in many states to find employment. Long lines have become the norm as hundreds of applicants all apply for the same position. Many economists are worried that high unemployment may become the new normal for the United States economy. You can improve your job prospects by adopting a few simple strategies and putting them to work in your job hunting process. [Read more…]