Cheap Trading: Zecco.com
Posted on September 7, 2007 - Filed Under Investing | 2 Comments
I have been seeing other bloggers writing about Zecco and was curious to investigate the company for myself. Over the years stock trading has come down tremendously in price. I remember having an account with Morgan Stanley in the late 90s and over the course of a few years the fees went through the roof. […]
Read More..>>How Much Risk Tolerance Can You Handle?
Posted on August 29, 2007 - Filed Under Financial Planning, Bonds, Investing, Stocks | 1 Comment
A certain amount of risk tolerance in personal finance is necessary. You would have far less if you invested your retirement fund in a savings account earning four percent interest for thirty years as opposed to a Fortune 500 index fund earning a conservative average of eight percent. We have all seen the graphs depicting the […]
Read More..>>The Onion Invests In Hedge Funds
Posted on August 24, 2007 - Filed Under Extra, Investing | 1 Comment
The Onion tackles the mystery of investing in hedge funds in a recent article. Amusing and humorous, while in true Onion fashion the article has a significant amount of truth behind the message (ie…understand what you are investing in).
Read More..>>Condo-Hotel Concept: Is It Worth Checking Out?
Posted on June 26, 2007 - Filed Under Real Estate, Net Worth, Rental Property, Investing | 3 Comments
Living in a high tourism area like Orlando, Florida the condo-hotel concept has been marketed heavily here. A few years ago the newspaper would have an article on a new condo-hotel being planned at least once a month it seemed. New development has tapered off but there are still a significant amount of condo-hotels completed or […]
Hedge-like Funds Reduce Risk And Offer Diversification
Posted on June 19, 2007 - Filed Under 401K, Investing, Stocks | 2 Comments
Hedge funds have been around for some time now and most with a net worth of less than seven figures can not even take a test drive. When I think of hedge funds, I envision high fees, limited access, and large returns not tied to any particular market. The biggest advantage of hedge funds is to […]
Read More..>>21 Stocks To Make You Rich
Posted on June 13, 2007 - Filed Under Investing, Stocks | 4 Comments
Yahoo Personal Finance and Kiplinger Magazine recently ran an article with one of those titles luring you to click on it and take a look: 21 Stocks To Make You Rich. Simple and direct, you have to see what they are suggesting. A panel of seven top portfolio managers name their favorite stocks. Here are the stocks (not […]
Read More..>>Dumping Your Preconstruction Condo Deposit
Posted on May 28, 2007 - Filed Under Real Estate, Rental Property, Investing | Leave a Comment
It’s a tough decision to make: Do you leave the sizable deposit you paid on the preconstruction property or do you close on it? In this buyer’s market many investors that were previously planning to flip the property without closing, are rethinking the investment. The New York Times recently had an article documenting some of the worse […]
Read More..>>Meeting Employer’s 401K Match: Now What?
Posted on May 25, 2007 - Filed Under 401K, Saving, Investing | 3 Comments
After meeting your employeer’s 401K match, what is the next best place for more retirement savings? As I see the hierarchy of retirement savings tends to go in this order:
Employeer’s 401K with Match. This is free money. You need to be saving as much as possible here for retirement. This should also be the last […]
Read More..>>Rental Property War Stories
Posted on May 3, 2007 - Filed Under Rental Property, Financial Planning, Investing | 2 Comments
I have a few friends with rental property and I always enjoy hearing war stories that inevitably come from owning and then renting it out to perfect strangers. For all the good, quiet tenants there are crazy, loud tenants to offset them. I have not yet had the good fortune to own a rental property, […]
Read More..>>Talk About Money
Posted on April 26, 2007 - Filed Under Millionaires in the Making, Financial Planning, Saving, Spending, Investing | Leave a Comment
I find it interesting to read about other people’s financial success story. Our culture is very thin on wanting to share with others how much we have or our net worth. However blogs such as this and this have made it more liberal with sharing these secrets. Not only sharing how much they have but how […]
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