I was going through my income and expenses for the past month and noticed that recently I make way more money than my bills are adding up to. I noticed that since my car was paid off this past spring that my only regular monthly bill is my mortgage. I was fortunate because I bought my home before the bubble explosion and my principal and interest payment only costs me $900 a month. I never took all of the equity out of my home so I never got a higher payment. [Read more...]
Favorite Posts On The Web
September 4, 2011 By 1 Comment
It has been awhile since I have had a roundup of the best posts on the Internet. I went around the personal finance blogosphere and picked out a bunch of posts that I like. These posts range from talking about investing to finding ways to build wealth. I found these posts particularly interesting and I think you will too. Here are my favorite posts from around the web. [Read more...]
The Trouble With Bank Of America
August 22, 2011 By 3 Comments
Today, was another choppy day for the stock market as the Dow finished in the green for the first time since last Wednesday. One of the losers of the day was Bank of America (BAC). The stock finished down 7.8% and closed at $6.42 per share. The stock has been clobbered over the past few weeks more than the general market. Bank of America is a stock of potential interest to me as it is one of my long term holdings. [Read more...]
The Dow Was Up 429 Points So Now Is The Time To Buy Right?
August 10, 2011 By 10 Comments
The other day I wrote a post about how the Dow Jones Industrial Average was down 529 points and how that was not a big deal for long term investors. Well, today the Dow Jones rebounded and rose 429 points. That is exactly why I ignore short term fluctuations. Short term drops and bounces are unimportant unless you are a trader. [Read more...]
The Dow Dropped 512 Points Yesterday So What???
August 5, 2011 By 6 Comments
The Dow dropped 512 points yesterday and a whole lot of people panicked. They are so worried that the market is tanking and that the end of the economy is coming. News programs and financial websites all led off their programs with the big drop in the day. I went about my normal business as the market dropped and actually looked at the decline as an opportunity. Instead of selling like the general crowd did I was in the market buying. [Read more...]
Finding The Best Loan For Your Needs
August 2, 2011 By Leave a Comment
During most people’s lifetime there will come a time when they have to take out a loan as they are often necessary to buy a car, to buy a home, or to pay for a college education. It is important to do your research on the type of loan that is best for your particular situation. After you determine which type of loan is best, you should also do your homework on the lenders that offer the loan you are looking to secure. [Read more...]
Can Apple Give The Federal Government A Bailout?
July 30, 2011 By 5 Comments
I was reading an interesting article on Yahoo today about How Apple Has More Cash Than The Federal Government. Apple (AAPL) apparently has $76.4 billion dollars in cash on hand while the government has only $73.7 billion dollars. The article is really brief so it does not go in depth on the things that Apple has done correctly to grow its revenue. While it is somewhat ludicrous to compare the government to a publicly traded company that exists for the purpose of making a profit; I would like to take a look at a few things that Apple has done right over the past decade. [Read more...]
Borders Goes Out Of Business
July 18, 2011 By 5 Comments
Borders has officially closed its doors. The company was hoping to undergo some sort of reorganization in bankruptcy but the bookstore chain failed to find any buyers. According to the Wall Street Journal, there were no groups interested in buying the failing bookstore chain. Borders will now seek judicial approval to start selling off its assets in a few days. The failure of Borders is bad news for the more than 10,000 employees that the company employs. Border will begin liquidating its assets immediately to try and pay off its creditors. [Read more...]
Warren Buffett Sees A Rebound In The Housing Market Coming
July 12, 2011 By 8 Comments
Warren Buffett is predicting that the United States economy will not go through a double dip recession. This will come as a surprise to a lot of economists that are calling for a double dip recession. Buffett boldly predicted a lot of cheery economic news that if it occurs will lead to a full fledged recovery. Buffett discussed his predictions in a full length interview with Bloomberg this past weekend. [Read more...]
My Posts From Around The Web
July 9, 2011 By 2 Comments
It has been a long time since I have taken the time to list some of my posts from around the web. I thought that I would take the time to highlight a few of the posts that I have written recently. These posts range from finding ways to save money for retirement to saving money on a television. Here are a few of the posts. [Read more...]
