Living for today - Planning for Tomorrow
Are there certain types of investments you refuse to make? When it comes to investing your options are wide open. You can find a stock in just about every field there is. But there are some investments that seem to be a little more controversial than others. Here are the top five most controversial investments. Firearms & Related Stocks Gun violence has led firearms and
Save for you future. Invest ten percent of your income. Open up a Roth IRA. It goes in one ear and out the other. I should know. The long term mentality has only kicked in with me over the past couple of years. As some of my close family members near retirement age I cringe. Without any savings to fall back on retirement is going
Raise your hand if you’ve seen the movie The Wolf on Wall Street. Now, raise your hand if you thought it sucked. Really, I’m the only one?! The Wolf on Wall Street is based on the real life accounts of Jordan Belfort. Belfort was a con-artist stock broker who made millions of dollars by selling penny stocks to his clients. He promised riches to unsuspecting
Investing my money in the stock market is something I’ve had on my “to-do” list for years but just recently accomplished. I always made excuses as to why I couldn’t invest: I didn’t have enough money. I didn’t want to lose all of my money. I didn’t know how to get started. Truthfully, I found any excuse I could to keep from getting started. Since I’ve
There are many advantages of having joint finances with your spouse: additional income and financial security being a couple of the most important. However, now that I have been on both sides of the fence I’d say there are just as many financial advantages of being single. Here are some of the biggest financial advantages of being on your own. Control Over the Budget When
Over the past year and a half I’ve been working on increasing my financial stability. I’m happy with where I’m at but I still feel like I could be doing a little more. I find that sharing my financial goals and progress keeps me more accountable. Here is how I’ve been increasing my financial stability one step at a time. Pick Up Extra Jobs While
One aspect of personal finance that I haven’t studied much is taxes. Specifically how to pay as little taxes as possible, better known as tax avoidance. I decided that it was time to change this so I recently read a book about outsmarting the system, written by a former IRS agent who’d performed hundreds of income tax audits. While the book was a short read it
My latest finding among foreclosures in the area is a house listed for $12,000. While it’s not uncommon for foreclosed homes in my area to go for extremely low amounts (decent homes in the $20k – $30k range) homes are usually quite a bit more than $12,000. But I did recently see a much nicer and larger house in a similar area go for $14,000.
It’s not quite spring yet but I feel like I’ve already caught the spring cleaning bug. I’ve tackled my closet getting rid of almost half my clothes. I’ve went through old magazines and paperwork and pitched almost everything. And, now I’m about to start on the toys…. I wouldn’t say I’m a minimalist but I definitely hate clutter. When the house is a mess I
So, as you may know I got a little itch to take some of my money and buy individual stocks. While my picks have widely fluctuated I can’t help but want to put even more of my savings in stocks. This is kind of weird because as of today I’m down about 10 percent. Still. I’m finding it hard to resist the urge. So, before
