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Financial Crisis - Who Pays?
2009-03-27 22:57:00 Recession is nothing new. By their very nature financial markets, and whole economies, move in cycles. Highs turn to lows and then back to highs again, and there isn’t usually an easily pinpointable reason. However, the current recession is outstanding in two respects. In terms of severity this one is big, as witnessed by the massive ... More About: Financial , Pays , Crisis
Who Created The Financial Crisis And Why
2009-03-27 22:50:00 by Steve Selengut “The Big Takeover” by Matt Taibbi is probably the best article written to date explaining the financial crisis and how we got to where we are now. Taibbi’s necessarily lengthy article explains the problems, names the “poipetrators”, and exposes all of the conflicts of interest— absolutely a must read. AIG, Goldman Sachs, and J. ... More About: Financial , Crisis
Filling The Investment Education Void With Web Workshops
2009-03-12 00:39:00 Now more than ever, you can appreciate the need for comprehensive investment education. All of a sudden, fifty percent of your nest egg has disappeared— and the bad news? There never was a plan for income generation. Ouch! Dwelling on coulda’s, woulda’s, and shoulda’s isn’t going to rebuild your portfolio. Attempting to become proficient in the ... More About: Education , Investment , Workshops
Global Investors? Bill Of Rights May Prevent Economic Déjà Vu
2009-03-05 00:39:00 by Steve Selengut The purpose of IBOR is to protect financial markets and to create self-sufficient investors who produce economic growth instead of government deficits. IBOR standards create transparent financial markets, regulate speculation, and protect retirement portfolios. Here’s a Summary: Section One: Product Transparency. All investors have a right to see precisely what securities are inside ... More About: Rights , Global , Economic , Bill of Rights , Investors
Investment Performance Expectations: WCM Fine Tuning
2009-02-19 23:51:00 by Steve Selengut Contrary to popular belief and Wall Street propaganda, investing is not a competitive event. Rather, it is a uniquely personal, goal-directed activity that individuals must organize and control for themselves. Too few appreciate that it is a long-term enterprise and only a handful, at best, have discovered that DJIA and S & P ... More About: Performance , Investment , Tuning , Fine , Expectations
Timing the Markets
2009-02-12 01:49:00 With stock markets battered by the credit crunch and resulting recession many investors are trying to gauge the best time to re-enter the market and/or boost exiting positions. But is it really possible to determine the bottom before it becomes history? Überinvestor Warren Buffett declared he was going bargain hunting last October (2008), but markets subsequently ... More About: Markets , Timing
IGVSI Performance Expectations - WCM Portfolios
2009-02-07 00:33:00 by Steve Selengut No investor should ever be surprised by the changes in market value that appear on his or her monthly brokerage account statements. In general, media noise throughout the month should lead to a feel for what has been going on and investors should understand that the market prices of investment securities are constantly ... More About: Performance , Portfolios , Expectations
Wikinomics
2009-02-02 14:23:00 Wikinomics: How Mass Collaboration Changes Everything by Don Tapscott and Anthony D. Williams describes how the mass collaboration enabled and encouraged by Web 2.0 technologies (including wikis, blogs and the gynormous open-source software movement) is fundamentally changing the way business is conducted. In the beginning communication was one-to-one, or few-to-few. The advent of mass media (publishing ... More About: Wikinomics
The Black Swan
2009-01-31 02:05:00 Black Swan review On its Spring 2007 release Nassim Taleb’s The Black Swan was hailed as a thought-provoking and radical masterpiece. In the light of recent world events it can be considered prophetic following Taleb’s chapter 14 warning: ” I spoke about globalization… it is here, but it is not all for the good: it creates interlocking ... More About: Black
Know your goals, know yourself
2009-01-25 00:56:00 “I’ve just inherited $20,000, what should I do with it?” Of course, this question is impossible to answer without a lot more information about the questioner. We all have goals - stated or subconscious - and identifying these is the first step in financial (and life) planning. Note the use of goals in the plural. We all have ... More About: Goals
Top 10 Personal Finance Mistakes to Avoid
2008-09-13 08:38:00 A lot of people lose a lot of money by repeating a few basic mistakes. We’ve tried to identify the main culprits here. By recognizing those you make, you can begin to avoid them. 1 Financial Ignorance It seems almost fashionable for some to plead ignorance over finances with the result that we either make the wrong ... More About: Personal , Personal Finance , Finance , Avoid
How to Set and Achieve Your Goals in Real Estate
2008-09-09 08:26:00 by Larry Goins I want to ask you two questions. One, do you have a Will? And two, do you have written goals for the next one, three, five and ten years? If you answered yes to the first question but no to the second, you are planning more for your death than you are while ... More About: Estate , Real Estate , Goals , Real
Why 401(k) Retirement Plans Really Don?t Work
2008-09-02 07:48:00 by Steve Selengut The good news about the Internet is the information we can get our cursors on instantly; the bad news is the information we can get our heads around instantly, but without any way of gauging accuracy, relevance, or completeness. This is particularly evident in the financial-investment-retirement world, where thousands of websites tell us ... More About: Retirement , Work , Plans
Super Crunchers - Are We Living by Numbers?
2008-08-23 08:25:00 by Ian Ayres The recent phenomenal growth in computing power has given rise to a whole new numerical discipline in which massive datasets are analyzed to the nth degree and updated in real time. The results of this super crunching claim to be able to predict everything from which years are most likely to produce ... More About: Living , Super , Numbers
Predictably Irrational?
2008-08-20 09:42:00 Much to the chagrin of economists and financial theorists human beings generally don’t behave as though they have computers in their heads, ie we don’t always do what’s most likely to maximize our utility (well-being). Rather, our actions are naturally idiosyncratic. The relatively new study of behavioral economics seeks to understand and describe our innate ...
Income Investing: Go Ask Alice
2008-08-17 01:21:00 by Steve Selengut Jefferson Airplane has never, ever, been mistaken for a band of financial advisors, but the White Rabbit lyrics can be incredibly instructional to the generation of investors who experienced the classic first hand— as a description of their own college days’ lifestyle. If only they had heeded the dormouse’s call to “feed your ... More About: Investing , Income , Alice
Is Condo Living for You?
2008-08-03 09:46:00 Many people wrongly think the term condominium (condo) refers to high-rise apartment buildings. In fact the term relates to a type of property ownership in which individuals own units in a larger complex as well as jointly owning, and being responsible for, the complex itself. So, should you go for a condo, or purchase a house outright? ... More About: Living , Condo
Good News For Income Investors
2008-07-23 08:45:00 by Steve Selengut Looking for good news in today’s markets is like searching for the proverbial needle in a haystack. Needless to say, practically all investment grade equities and nearly all closed end funds that specialize in providing regular recurring monthly income have been reduced in market value by this prolonged correction. The quake has spread ... More About: News , Good News , Income , Good , Investors
Massive Savings on Top Business & Finance Magazines
2008-07-17 09:46:00 Knowledge is power! Keep your finger on the pulse of business, economic and financial events with these leading magazines offered at substantial discounts in proud association with Amazon.com. Check out these great deals and start boosting your wealth: SmartMoney comes to you straight from the editors of the Wall Street Journal, the best financial reporters in ... More About: Business , Finance , Magazines , Savings
Investing Psychology - Does Wealth Begin in the Mind?
2008-07-13 09:08:00 Traditionally the study of economics and finance is based on the assumption that people always behave rationally. In reality people often behave irrationally, ie not in their own quantifiably best interests. Behavioral finance, the combination of psychology and financial theory, is now a growing academic discipline. This article reviews some of its key features and ... More About: Wealth , Investing , Mind , Psychology , The Mind
Is Trading Dumb?
2008-06-08 08:46:00 Trading is the buying and selling of stocks or other financial instruments over short periods with a view to making a profit between the opening and closing of a position. By contrast, investing is the accumulation of assets over the long term. Although investors adjust their portfolios, this is part of a longer strategy rather ... More About: Trading , Dumb
Strategic Investment Mixology - The Holy Grail Cocktail
2008-05-31 08:46:00 by Steve Selengut So what do your Investment Manager and your neighborhood bartender have in common, other than the probability that you spend more time with the latter during market corrections? Antoine Tedesco, in his “The History of Cocktail s” article, lists three things that mixologists consider important to remember and to understand when making a cocktail: ... More About: Holy , Strategic , Holy Grail
Employment vs. Your Own Business
2008-05-13 01:23:00 The question of whether its better to be employed or to run your own business has probably occurred to most of us at some time or another. In fact both paths have advantages and disadvantages. Here are some pointers on how to decide what’s best for you. (more…) More About: Business , Employment
Is an IVA a better alternative than bankruptcy?
2008-04-19 00:33:00 An Individual voluntary arrangement (IVA) is an alternative to bankruptcy in some circumstances. An insolvency practitioner takes charge and a repayment plan is negotiated dependent upon income and expenditure. If 75% of creditors agree the agreement will become legally binding and bankruptcy is avoided if all of the payments are met. There is a fee ... More About: Alternative , Bankruptcy
What exactly is a Payday Loan?
2008-04-19 00:30:00 A payday loan is a short term loan in advance of your regular pay day, which you might find of use if an emergency financial situation occurs, you don?t have enough money to cover it, and your pay day is too far away. More About: Loan , Payday
Asking for help with your debt
2008-04-19 00:15:00 Never be afraid to seek debt help, however you find it suits you best. If you find you are keeping secrets about financial troubles from someone that cares about you, you’ve got a problem that needs dealing with, so get working on it as soon as possible. But start the easy way, for your own ... More About: Debt
The Credit Crunch and You
2008-04-16 01:20:00 Unless you’ve been on another planet for the past six months you’ve probably heard of the credit crunch. But what is the credit crunch and what does it mean to you? Over the past few years banks have been eager to lend money while being less than careful in checking the ability of the borrowers to ... More About: Credit , Crunch
Be Careful Who You Trust
2008-04-10 01:26:00 thisismoney.co.uk carries the disturbing story of a businessman who lost £250,000 (~$500,000) from his pension fund as a result of poor financial advice. 68-year old Ted Rapley had accumulated £437,000 over 30 years and was set to receive a comfortable lifetime retirement income of over £32,000 a year. However, on the recommendation of his financial advisor, Mr ... More About: Trust , Careful
Is it Time to Rent?
2008-03-29 00:38:00 Two articles in today’s English Daily Mail suggest the growing credit/housing crisis is spreading from the US to GB. Despite recent reductions in the Bank of England’s interest rate “Now families face £1,300 a year mortgage increase” reports that mortgages are actually rising by substantial amounts. Those coming to the end of fixed-rate and discounted deals ... More About: Time , Rent
Beware the Boiler Room
More articles from this author:2008-03-19 01:10:00 BBC News reports a father and daughter have been accused of a $70 million share scam. The pair are suspected of conning some 15,000 UK residents (mostly seniors) into parting with cash for worthless stock in dormant companies. So-called boiler room scams are all too common. It’s rare for the perpetrators to be caught, and even ... More About: Room , Beware 1, 2 |
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