By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 10:57AM Thursday March 24, 2011
under
Personal Finance
Question:
I want to get started investing but I only have around $100. What's the best way for me to get started investing?
Before I answer your question, I'll assume that you have a long-term investment objective of more than ten years and that you are willing to accept short-term declines in the value of your account in exchange for the potential for earnings higher than the rate of inflation. Translation: You want to take the risks associated with investing in a mix of stocks and bonds so you can earn more with your money than traditional savings accounts and Certificates of Deposit.
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By Mark.RiddixGuest Blogger(view all posts by Mark.Riddix)
at 8:54AM Tuesday March 22, 2011
under
Personal Finance
Debt is a problem that plagues the lives of most people. They struggle to pay down their debts while only making the minimum payment. Making the minimum payment alone can potentially keep a person in debt for 20 to 30 years or more. The best way to eradicate debt faster is to create a debt repayment plan that works.
Use these tips to slash your long term debt and interest payments.
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By Guest_BloggerGuest Blogger(view all posts by Guest_Blogger)
at 11:58AM Monday March 21, 2011
under
Personal Finance
The benefits of paying off your car loan early are simple and compelling: the sooner you pay down your auto loan, the less interest you'll pay in the long run. This is true for anyone who has a simple interest loan (
rather than a pre-computed or "Rule of 78s" loan). But the benefits of paying less interest over time don't always outweigh the risks of having less cash in your pocket in the near term.
Consider the following before making an early payment towards your auto loan:
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By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 6:59AM Thursday March 17, 2011
under
Personal Finance
Image by Mugu-shisai (Mugu-shisai's file) GFDL
Question:
How much of an impact will the Japanese tsunami and nuclear power plant crisis have on the stock market? Is now a good time to sell stocks or should I buy more?
Before I answer the question, keep in mind that stocks are long-term investments so you should not buy them in the first place if you don't have at least a three-year time horizon. A holding period of five years or more is better. To paraphrase Warren Buffett, "
Buy stocks as if the stock market will close tomorrow and not open again for five years."
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By Kyle_PsatyGuest Blogger(view all posts by Kyle_Psaty)
at 9:58AM Monday March 14, 2011
under
Personal Finance
If you're watching the banking industry closely, you have probably noticed that rewards checking seems to be going the way of the Dodo. This is concerning for those who know how valuable rewards checking can be, but it has come as no surprise to people in the industry (
myself included).
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By CassieB(view all posts by CassieB)
at 9:56AM Saturday March 12, 2011
under
Personal Finance
Many people have both debit and credit cards in their wallets, but
they do not use the right card for every purchase. What kinds of
purchases are better suited for the credit card, and which ones for
the debit card? Read on to find out.
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By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 8:57AM Thursday March 10, 2011
under
Personal Finance
Image by Manuel González Olaechea via Wikimedia CommonsQuestion:
Now that the Bull market for stocks is two years old, where is the best place to invest?
This is a good question because it allows for making two important points to remember for investors:
1) Market timing strategies are often harmful
and
2) There is no such thing as an "average" Bull market.
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By Mark.RiddixGuest Blogger(view all posts by Mark.Riddix)
at 9:57AM Tuesday March 8, 2011
under
Personal Finance
Any good homeowner knows that you should have an
emergency kit in case of any disasters. These are very useful in case a hurricane, flood, earthquake or other natural calamity should occur. Just as your home should be prepared for any emergencies that may occur, you should also prepare your finances. I am going to assume that you already know you should have an emergency savings account.
So, let's take a look at a few other things that you should have in case of emergency.
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By edwardkhoo(view all posts by edwardkhoo)
at 9:55AM Saturday March 5, 2011
under
Personal Finance
For the guys at the top, the recession may seem to have turned. But
for the rest of us, the downturn is still very much a reality. And
most experts are agreed that a return of full employment is still a
long way off. So if you're one of those who has been knocked back
by the harsh winds following the credit crunch, you'll need to find
ways to weather the ongoing storm. You want to be one of those
still standing, when the sunshine finally comes back into
employment landscape.
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By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 8:57AM Thursday March 3, 2011
under
Personal Finance
Image courtesy of Mykl Roventine via Flickr
Question:
Is now a good time to buy gold? It seems prices keep going up and up.
As I write this blog post, the price of gold bullion sits at an all-time high of 1438 and is moving higher. How much higher will it go? That's a question many investors and gold speculators are asking right now.
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By PennyRay(view all posts by PennyRay)
at 6:57AM Thursday March 3, 2011
under
Personal Finance
Summer vacation may sound like a good time to rest, relax and not think about school for two months, but many responsible college students have found that summer break is much better spent earning money to pay down student loans. The idea of a summer job immediately provokes images of fast food lines and nightclubs, and in many ways cashiering and tending bar can provide skills and training necessary to succeed in business.
However, the most can be made of your summer job experience by planning ahead and applying for paid internships within your field of study.
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By NerdWallet(view all posts by NerdWallet)
at 7:55AM Wednesday March 2, 2011
under
Personal Finance
You've split up the furniture, decided who's keeping which novelty
mug, and said your courteous and warm goodbyes to your former
spouse who will remain your close friend. Okay, maybe not so much
the last one. But you get the idea: you're dividing the loot.
Unfortunately, extricating your previously communal finances is a
bit more hairy.
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