Wow. That’s all I can say about this book. Wow. If everything they predict in this book is coming true, we are all in TROUBLE! Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown is a book about economic “bubbles”. In short, a bubble is when the price of something grows out of control beyond its true value. Eventually, the erratic price becomes unsustainable, and the bubble “pops” meaning that it rapidly drops in price. Bubbles are nothing new; they can be found all throughout history. Some examples of recent, prominent economic bubbles include the “dot.com” bubble and the “housing market” bubble which many of us are still suffering. This was very exciting read. It was written in 2009, and some of the events … [Read more...] about Book Review: “Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown” by David Wiedemer, Robert A. Wiedemer and Cindy S. Spitzer
Help! I’ve Got 401k Questions! – Your Complete 401k Guide
Let me be the first to say “Congratulations”! Despite the intimidating packet of papers you need to review and fill out as well as the dozen 401k questions you probably have, this is a great opportunity for you! Not only will you be starting down the road to financial freedom (in other words: retirement), but you'll also be given the opportunity to make FREE MONEY! Yes, I said free money! Why is it free? 1) The money you put away comes out of your paycheck BEFORE taxes and it grows tax free until you retire! 2) Your company will likely (as a lot of companies often do) kick in a little bit extra cash in addition to the money you plan to put away. Who wouldn’t take a little extra money for free! Without further ado, let's see if we can … [Read more...] about Help! I’ve Got 401k Questions! – Your Complete 401k Guide
Trying Out “The Big Secret” Stock Picking Strategy
Just admit it. You do it. I do it too. I’m talking about reading a book with reasonable advice and then never acting on any of it. Not even for a test run. It’s not that we’re lazy or not smart enough to carry it through. It’s just that for some reason it’s really hard to make that leap of faith and act on what we know we should be doing. Well, there’s always a time to start. This summer, I read the book “The Big Secret for the Small Investor” by Joel Greenblatt because I was interested in stepping up my stock picking game. If you’d like to read my book review, click here. In Part “A” of Greenblatt’s “Big Secret” plan, he concludes that: … [Read more...] about Trying Out “The Big Secret” Stock Picking Strategy
So Long Netflix
So long old friend. We had some good times, you and I. You were always so good to me, but now things have changed, and it’s time to say goodbye. It’s not you, it’s me! I just can’t pay close to $20 a month for movies anymore. And this new plan of splitting between DVD’s and streaming online. I love them both too much to choose between them. I don’t blame you for raising your prices. “The Man” (your streaming services) raised your costs big-time, and now you’re just passing it along to the little guy (me). But every product in the world has competition, and unfortunately there’s a lot of other places out there to catch DVD’s. … [Read more...] about So Long Netflix
Amazon.com Sells “Smart Money” Magazine for $5 – Plus a Lot of Others!
Right now, Amazon.com is selling a one year subscription of one of my personal favorite magazines, Smart Money, for $5! I’ve tried out a lot of financial planning magazines, but I always stick to Smart Money over the rest. Why do I like it the best? • It doesn’t matter whether you are a beginner or an experienced investor. They have something for everyone. • The articles cover a variety of topics: Picking the best stocks, retirement planning, health-care, advice on alternative investment products, travel, deals, current events, and so much more. … [Read more...] about Amazon.com Sells “Smart Money” Magazine for $5 – Plus a Lot of Others!
Honoring the Decade Anniversary of 9/11
On the decade anniversary of 9/11, there is no greater topic I can think to write about than to honor the memory of those who lost their lives on that horrific day. I remember that morning very clearly as I’m sure most people do. It was the most unthinkable course of events – something I would have never imagined would happen in my lifetime. But it did, and it changed things forever. I can only wonder how the families of those who have fallen have coped for the past 10 years. … [Read more...] about Honoring the Decade Anniversary of 9/11
Video Referral – Why It Sucks To Be Middle Class
I just caught this great short video on CNN Money and felt is was worth sharing. Basically it demonstrates through job numbers how badly the middle class has been hurt this past decade and why the economy can’t get back to normal. … [Read more...] about Video Referral – Why It Sucks To Be Middle Class
Book Review: “The Little Book of Big Dividends” by Charles B. Carlson
If you think that putting your money into bonds or CD’s is the only way to hedge against the roller-coaster ride of the stock market, think again! Author Charles Carlson demonstrates that an age old benefit of owning stocks called “dividends” can be used to create a stream of income and protect against market conditions. Right now if you asking yourself “what is a dividend?”, then this is the right book for you. “The Little Book of Big Dividends” is a great introduction for anyone looking to get acquainted with dividends and how they relate to stocks. The material is easy to read and it is not overly equation-heavy (except for the Appendix) or preachy on risky investments. In fact, Carlson’s advice is very modest and follows the lines of … [Read more...] about Book Review: “The Little Book of Big Dividends” by Charles B. Carlson
