Category: advice

How to Structure CDs and Bonds to provide the Highest Levels of Income

A major challenge for most income orientated investors is finding a way to increase their overall returns in fixed income areas. This is because interest rates are at the lowest levels in decades (which makes it difficult to see higher levels of income). Once inflation is calculated into these figures the position could be taking [...]

What Do I Do During a Bear Market?  What Do I Invest In?

What Do I Do During a Bear Market? What Do I Invest In?

Photo by: artct45If you’re between 20-40 years old, don’t do anything. Stay where you’re at, markets fluxuate. That is their nature and that should have been something you learned before you got it. If this is your first time hearing about it, don’t worry and more importantly, don’t run. Let the traders panic. That is [...]

Why do Poor People Always Win The Lottery?

Why do Poor People Always Win The Lottery?

I got to thinking about this today after reading Hot Air’s post about how they had to pull a lottery game in the UK because the goal of the game was in reference to temperature; more specifically, negative numbers.  People were supposed to scratch the ticket and find if they had a lower number than [...]

My Friend Just Got Offered 290k To Work In Iraq – Would You?

My Friend Just Got Offered 290k To Work In Iraq – Would You?

Plonkee inspired me the other day in writing “would you move for a lower cost of living? to craft up an “other side of the coin” post to ponder – How much would it cost for YOU to move to a war torn area for a year in search of big bucks?

This Is How Rich People Think Differently Than Poor People

I came across Mark Shead’s 10 Signs You Will Be Poor post today and realized how true it is. Often times it is the small things that can derail your financial future. Much of the population doesn’t realize or plan properly anymore. With mortgage companies lending money how they have the past few years, and [...]

So You’ve Got An Invention Idea That Will Change The World And Make You Big Money?

Who HASN’T thought of something that they thought could change the world? I admit I have thought of AT LEAST 10 things I thought would change the world, I’ve documented some, and even made some progress on some of them.I’ve contacted “inventors help lines”, I’ve called companies, I’ve started excel spreadsheets detailing costs, I’ve hired [...]

What Is A Self-Directed IRA And How Can I Use It?

I recently had the pleasure to interview Will Sugg, a fellow personal finance blogger that works towards his fortune with Self Directed IRAs. I am no professional in the arena, so he was very willing to answer the few questions I had about them – I hope they can demystify the Self Directed IRA questions [...]

What Is An Expense Ratio And How Does It Factor In On A Mutual Fund?

So another reader request came in yesterday asking about expense ratios; it read: Hank, this might be a dumb question, but I’ve got different answers from different people and I thought I’d go to the source! So back to school for, Expense Ratios 101: – I buy into Fund XYZ for $1000 on January 1, [...]

I Have Low Living Costs And Live Overseas With Extra Cash; Where Do I Put It?

So Paul gave me a shout out a few weeks ago with a question that I figured deserved a blog post to address it all – He lives overseas, has low expenses and therefore a few extra $$$ to spend.  He’s got a few funds he’s in and is looking to put his money to [...]

5 Signs Your CEO May Suck

5 Signs Your CEO May Suck

With all the talk of a United States recession looming, the ex-President took his share of licks in the past year, and Obama is looking to bring in some exciting new bits to an already messed up economy. However, a lot of the blame is being placed on George Bush, but not all of it [...]