Countering The Arguments Against P2P Lending

p2p lending

MMD: Today we have a mega guest post from fellow personal finance blogger ARB.  Take it away! Hello, readers of My Money Design! I am ARB, the Angry Retail Banker! Over on my blog, I offer what I call “An Insider's Take On Retail Banking”, which means that between bouts of raging out and threatening my entire customer base with physical harm, I talk about both life as a branch banker and ways for you to maximize your banking relationship. I am here today to talk about absolutely none of that stuff. Before you all hit the back button on your browser and type “funny cat videos” into … [Read more...]

What are Mutual Funds and How Do I Invest in Them?

What Are Mutual Funds

What holds you back from investing? Is it stocks? Do they scare you to death? If they do, I really don’t blame you. All the “ifs” in the beginning can be overwhelming! Which ones do I pick? Where will I find the right stock metrics and information to tell me? Why do they keep bouncing around in price?  How long until I have a heart-attack? Would you prefer a way to “stick your toe in the water” and not have to deal with such wild fluctuations? If so, then let me introduce you to the world of mutual funds. “What are mutual funds” you ask? Well, for starters, they are where I … [Read more...]

Can the Experts Help Us Find Good Stocks?  9 Month Update

find good stocks

Welcome to another quarterly update of how my stock portfolio is doing and whether or not the experts were able to us find good stocks to invest in.  Every year I invest a small portion of my portfolio into individual stocks to gain experience with them as well as attempt to increase my wealth.  My long term goal is to build a stable portfolio of dividend yielding stocks that will eventually provide me a steady stream of income. If you’ll remember: The last time I bought stocks back in January, I noticed that each of the major financial websites had their own “analyst opinion” section that … [Read more...]

3 High Risk High Return Investments You Should Get to Know


When most people talk about investing, their goal is to complete alleviate risk while earning as much money as possible. Although it’s never possible to alleviate risk, it is possible to reduce it if you’re willing to accept a low return.However, what if you’re willing to take on a bit of extra risk for the prospect of a higher return rate? What do you do then? Well, here are 3 high risk high return investments that you can take part in.   Binary Options: When it comes to high risk, high return investment vehicles, binary options happen to be my favorite. With binary options, … [Read more...]

Can the Experts Help Us with Investing in Dividend Stocks?  6 Month Update

Investing in Dividend Stocks

What if there was a really simple way for investing in dividend stocks and knowing which ones were going to do better than others over the next year?  What if all you had to do was just read the expert opinions to know how they were going to do? That’s the fun little experiment I started about 6 months ago when I bought my last round of dividend stocks to add to my money design.  Of course this is NOT how I picked my stocks and I would NEVER advise you do this.  There are plenty of other ways to evaluate the assets of a company.  All the same though, I thought it might be fun to note the … [Read more...]

How to Double Your Money the Safe and Smart Way

How to Double Your Money

Blackjack.  Hot-pick stocks.  These are the kinds of silly things people usually think about when it comes to doubling their money fast. Unfortunately when it comes to methods like that, the story usually ends with them not only NOT doubling their money but also losing all of their initial investment too. Ever since I was a little boy I’ve been completely fascinated with the legitimate ways that you take one dollar and turn it into two. The truth is that it’s actually pretty easy to do.  There are lots of ways how to double your money without having to take a whole lot of unnecessary … [Read more...]

Can the Experts Really Help Us Find Good Stocks to Invest In? Let’s See for Ourselves

Financial Pie Chart

One of the most thrilling and scary things you can do with your money is to buy individual stocks. I like to hold a small portion of my investments in individual stocks because I have found it to be a very useful component to my overall plan for financial freedom (my money design as I call it). Plus I’ve been investing for a long time so I have a pretty good idea of what to do. Unlike when you own a mutual fund, you lose the safety and security of owning 100’s of stocks at one time when you buy pick and buy stocks one a time.  (Of course the experts have also said that you really only … [Read more...]

The Pros and Cons of Brokers When You Try to Sell Your Annuities

business graph

Somethings your investments just don't work out like you planned, and you might decide it's time to sell your annuities. But selling a structured settlement can be a tough task, especially because of the mandatory court approval requirements, and the involvement of other stakeholders such as claim adjusters, attorneys, and of course, buyers. In addition to all this, you also have to decide whether you want to opt for the services of a broker. So how do you know if using a broker is the right decision?   Pros of having a broker help you out to sell your annuities: Accurate … [Read more...]