By Mark.RiddixGuest Blogger(view all posts by Mark.Riddix)
at 6:58AM Tuesday April 19, 2011
under
Personal Finance
Netflix has completely transformed the DVD rental industry. There was a time that you used to have to hop in your car and drive to a movie rental store if you wanted to watch a movie at home. That day is long gone, thanks to Netflix. Netflix made it possible to have movies shipped directly to your home by mail and have movies streamed directly to your television. Netflix is truly a transformative company with a plethora of movie titles but the stock is not a great investment for new investors looking to buy.
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By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 9:55AM Thursday April 14, 2011
under
Personal Finance
Question:
I'm a college student majoring in finance. How did you get started in your financial planning career?
As with most professions, successful careers may begin in many different ways and take many different paths. With that said, the most common starting point for financial planners is a sales trainee position.
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By Mark.RiddixGuest Blogger(view all posts by Mark.Riddix)
at 9:53AM Tuesday April 12, 2011
under
Personal Finance
A stagnant economy is the enemy of both the long term stock and bond investor. Stock prices tend to remain flat as corporate earnings fall into a predictable pattern failing to impress Wall Street investors. Most consumer related sectors like retail, technology, and construction tend to get stuck in a trading range. Investors are left looking for safe places that will produce a solid return for their money.
There is one sector that tends to thrive during these times and contains stocks that belong in the portfolio of every investor. Investors can bank on this sector to provide low to moderate growth and increase earnings during booms and busts.
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By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 11:56AM Thursday April 7, 2011
under
Personal Finance
By Thomas Richter/user:THOMAS (Own work) [GFDL or CC-BY-SA-3.0], via Wikimedia Commons
Question:
What is the difference between active and passive investing?
The simple and general difference between the two investment strategies is that an active investor is trying to "beat the market" by actively buying and selling investment securities they believe will perform better than a broad benchmark, such as the S&P 500 Index. The passive investor is not trying to outperform the market averages but rather is attempting to match the returns of the benchmark.
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By JulianaWeissRoesslerGuest Blogger(view all posts by JulianaWeissRoessler)
at 8:57AM Wednesday April 6, 2011
under
Personal Finance
Image by youngthousands via FlickrWhen working on our taxes, we're all looking for new deductions. There's one area that you may be overlooking: food. Most of the food you purchase isn't tax deductible, but there are a few instances where it can be. I'm not a tax professional, so be sure to check with your accountant to make sure you are following the tax code properly.
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By Mark.RiddixGuest Blogger(view all posts by Mark.Riddix)
at 6:56AM Tuesday April 5, 2011
under
Personal Finance
Have you noticed that the prices of a few products have been rising over the past year? This situation bears watching because this could signal a troublesome trend is on the horizon. Many natural resources have seen their prices explode since economic conditions have improved. A rise in food, agricultural, and energy products is often a good precursor to the fact that inflation is just around the corner.
Here are three things that are likely to rise soon...
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By Guest_BloggerGuest Blogger(view all posts by Guest_Blogger)
at 11:54AM Monday April 4, 2011
under
Personal Finance
Sometimes the best way to learn a new subject is by relating it to something you already know. Suddenly, the confusing and unfamiliar concepts of the new subject make sense next to the familiar one. Personal finance is a good example. It's easy to get bogged down in jargon about budgets, savings or bill payment without retaining any usable advice. To simplify things, we've laid out some key lessons that college can teach you about managing your money.
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By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 11:56AM Thursday March 31, 2011
under
Personal Finance
Question:
I sold some stocks in 2010 that have a capital loss. Can I use them as a deduction on income tax?
If you are like many other investors, you made some changes to your investment portfolio last year and are wondering how to minimize your taxes. When a capital asset--such as a stock or mutual fund--is sold, the difference between the amount you paid for the asset and the amount you sold it for is a capital gain or capital loss.
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By Kyle_PsatyGuest Blogger(view all posts by Kyle_Psaty)
at 6:55AM Thursday March 31, 2011
under
Personal Finance
Image by vistavision via FlickrWe've all seen the signs in the old Western movies: Room for Rent, they say, 25 cents per night. Well the truth is, renting out a spare room is still pretty lucrative--and not just in big cities either.
If you have a spare room and could use the extra cash, check out these tips to learn how to do it right:
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By aksekar(view all posts by aksekar)
at 6:57AM Wednesday March 30, 2011
under
Personal Finance
Image by HORIZON via
Flickr
For Muslims who adhere to the principles of Shariah, or Islamic
law, finding a credit card was next to impossible.
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By Mark.RiddixGuest Blogger(view all posts by Mark.Riddix)
at 11:59AM Tuesday March 29, 2011
under
Personal Finance
It may be too late to save money on your taxes for the current year but it is not too late to save money on next year's taxes. One of the ways in which you can lower your tax burden is by buying tax smart investments. Tax-efficient investments offer the greatest return on your money while reducing the income taxes owed.
Here are a few tax efficient investments.
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By Guest_BloggerGuest Blogger(view all posts by Guest_Blogger)
at 6:57AM Monday March 28, 2011
under
Personal Finance
Can you really learn financial lessons from a children's movie? I think you can. In fact, I think that you can learn financial lessons just about anywhere if you are open to listening. The father in the movie "Mary Poppins" is George Banks. While he is focused on nothing but money, it's Mary Poppins who teaches the real financial (
and life) lessons in the movie.
Here are the top three lessons I learned from watching Mary Poppins:
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