There are just a handful of reasons why you lose your money investing. Once you understand what causes your investment losses, it will be easier for you to curtail these setbacks. Let’s look at these in order of least to most expensive: 5. Wrong Expectations The first reason is that investors have the wrong expectations. […]
Investing Strategies
They don’t teach investing in school. It’s no wonder that so few of us really understand how investments work, what mutual funds are and how to select the right investments for our unique situation.
The following articles explain how the stock market, mutual funds, annuities,stocks and bonds work in plain English. They demystify investing and empower you to make better investing decisions for you and your family.
What is a Commodity ETF and Why Do They Stink?
What is a commodity ETF? They are ETF investments that buy …you guessed it….commodities. So…what is a commodity? That’s simply a tangible good that is the same (within it’s grade) no matter where you buy it. Gold is gold. Corn is corn. Wheat is wheat. Lumber is lumber. It’s all the same and there are […]
Indexed Annuities – Investment Trap for Seniors
If you’re nervous about your investments these days, you’re not alone. But since you’ve got to invest your money somewhere, you might be tempted to buy indexed annuities. If you do get the itch to buy one of these “investments,” walk away and walk away quickly. Before I tell you why, let me explain the […]
Should the Government Ban Rewards Credit Cards?
Small and online retailers, mom-and-pop stores, and local merchants have been able to thrive by accepting credit card payments. Merchants know that credit card users often spend more than cash users, and the convenience of using credit has increased revenue for all types of business owners. The convenience comes at a price, however. The price […]
How Can I Invest and Be Fabulously Rich?
You might ask yourself, “How can I invest like rich people?” I know that I get asked this all the time. Yesterday I went to a party and my friend’s son Jim asked me this very thing. I was inspired by the young man because he just graduated college and was working very hard to […]
How Your Debt And Credit Score Can Both Be Useful
You might think that debt is a bad thing – and if it gets out of hand, it certainly can be a problem. But if you are in debt you can actually turn this lemon into a nice refreshing glass of lemonade. That’s right. If you play your cards right (explained below) you can harness […]