February 4, 2012

Subprime Doesn’t Mean Below Prime Rate

For those of you following the mortgage crisis that has enveloped America and the rest of the world you’re probably all talking about those subprime mortgages and the people who have them. Some of you may even know someone who has one and has defaulted on their mortgage causing them to sell far below their [...]

What is Dollar Cost Averaging?

If part of your personal finance plan is an interest in making investments, there are two factors that would primarily concern you – the cost of the product and its subsequent selling price. Your goal is to buy the product at a low price and be able to sell the product at a high price. [...]

Where Can You Do Taxes Online?

There is a saying that the only things that are constant in people’s lives are death and taxes. Taxes are inevitable. Great men have fallen because of unpaid taxes. This is why it is important that you regularly pay your taxes. Unfortunately, the word tax seems to correspond with the word confusion. People are panicky [...]

What are Commodities?

Commodities are generally categorized into several types. Classifications of commodities are intended to make it easier for people to track and compare prices. This method also gives people trading convenience. It makes it easier to conduct studies when you are considering purchasing commodities and trading the same. Defining Commodities Simply put, commodities are products of [...]

What is an Asset?

Most people believe that their car is an asset or that even their house is an asset. Is it true, I guess if you want to believe what the bank tells you. But for anyone who has read Rich Dad, Poor Dad you know better. Or at least you know something different. To Rich Dad [...]

Where to spend your Christmas Bonus

Getting a Holiday Bonus this year? Here are 5 places you can spend it that might actually make you wealthier. It’s money you weren’t expecting, so why blow it on something that you’re not going to care about in 3 months. Try these. 1. Pay off a Credit Card 2. Put it in a CD, [...]

Warren Buffet Speaks

Probably one of the greatest investors of our time, possibly even all time, Warren Buffet, held his annual meeting for shareholders in Omaha, Nebraska this past weekend for the holding company he runs Berkshire Hathaway. A reported 25,000 people made the journey to listen to the oracle speak. To get things off to an early [...]