First, let me start off by saying that there are several advantages of investing in mutual funds and I do use mutual funds in my portfolios. However, there are several disadvantages of investing in m...
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About six months ago I entered into a Fantasy Baseball League with a group of personal finance bloggers. I had no idea what I was doing at that point and intended to learn as I go. However, there wer...
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Recently, Passive Dad asked me about free creative ideas to help friends facing foreclosure. This is a timely topic since one factor that contributes to the current economic crisis is the rise in for...
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Net Worth Review September was a rough month! The U.S. economy suffered from the worst financial crisis since the Great Depression. Major failures in our financial system forced the U.S. government ...
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Occasionally, financial services companies send me information about special offers that they want me to share with my readers. I go through a lot of these and share the ones I think will benefit you...
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I recently came across Steven R. Selengut and his book, The Brainwashing of The American Investor.After reading all the reviews on Amazon, I decided to buy a used copy.The following is a review of the...
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The first Presidential Debate was terrific. Both Senator McCain and Senator Obama shared their thoughts about The Financial Crisis of 2008. I was ecstatic when Obama clearly articulated other crises...
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When I listened to President Bushs speech the other night, I noticed that my analysis of what caused the Financial Crisis of 2008 was right on target. Too bad President Bush didnt say anything about ...
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Well, looks like we are having a rash of carnival crises here.Yesterday the host of the Festival of Frugality bailed and David at My Two Dollars bailed out the carnival with an emergency edition of th...
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Selling used books is a good way to declutter your home and get some money for books that you probably wont read again. This is even more important for college students because you could sell textboo...
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You probably heard the news that the SEC halted short selling on 799 financial stocks last week. The SEC did this in order to reduce downward pressure on financial stocks, and hopefully, restore price...
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I think we can sum up the cause of our current economic crisis in one wordGREED. Over the years, mortgage lenders were happy to lend money to people who couldnt afford their mortgages. But they did ...
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Last week was incredible in many ways. Most notable were Lehman Brothers failure, Merrill Lynch sale, and AIG bailout. The wild swings over the last five trading days definitely woke up a few people...
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The past few days have been rough for the financial sectors.As the AIG crisis temporarily subsides, our attention turns to the giant retail bank, Washington Mutual (WaMu).There are news and rumors ind...
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American International Group is facing a serious liquidity crisis and potentially a complete failure. However its being saved by the U.S. government who loaned $85 billion dollars to AIG and assumed ...
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Unlike my regular job, where my employer withhold a portion of my salary to pay various taxesi.e., Federal, State, City, Social Security, and Medicaretheres no tax withholding for my self-employment i...
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It seems like all around the world, were having some economic problems. 2008 is a year where we saw price inflation on a global basis. Were also seeing a global housing crisis. A global food shortage....
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I recently discussed a potential business with an enterprising friend. She wants to sell handcrafted products on Etsy as a source of alternative income. Personally, I am not the kind that discourages...
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I am currently in Alexandria, VA visiting my sister for her husband birthday.The drive out from New York on Friday was terrible.The afternoon rain caused several accidents, combine that to road constr...
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Investing in the stock market is a risky business if you dont know what youre doing. Even if you do, its possible to lose a lot of moneye.g., Bear Stearns, Fannie Mae, Freddie Mac, etc. Personally, ...
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