It was a fairly listless week on Wall Street with individual stocks moving on news specifically related to those companies, but not much movement in the market as a whole. Both the Dow Jones industrial average and the S&P 500…
Category: Investing
Asian Shares Creep Higher, While Home Sales Fail to Spark US Stock Market
Better news from China, Japan and the US from performance of manufacturing surveys (PMI) data helped Asian stocks find slender gains on Tuesday. This included a US PMI which reached a four-year high of 57.5. The improvement in manufacturing indicated…
Dow and S&P 500 End Week at Record Highs. Will We See More Next Week?
The stock market ended last week in positive territory with the Dow Jones industrial average and Standard & Poor’s 500 index both reaching new record highs. The Dow is up 2.2% for the year and ended the week at 16,947.08,…
DOW and S&P 500 End Week at Record Highs, NASDAQ Closes at 14-Year High
It was another good week for the stock market. The Dow Jones industrial average and Standard & Poor’s 500 index both ended Friday at record highs. It was the third consecutive day the S&P 500 index reached a new record,…
The Minimum Wage Millionaire Excerpt: The Game of Life
By Bill Edgar Editor’s Note: The The Minimum Wage Millionaire is a book aimed at teenagers and parents of teenagers who want to better understand how money works. The book puts forth practical approaches on ways for teens with part-time…
Money Topics They Don’t Teach in High School, but Should
One of the biggest disgraces of the school system is that it often fails to teach basics that we all need for everyday life once we graduate. A prime example of this is basic personal finance. If we could get…
Learnvest Features Review
LearnVest is a personal finance company that helps with financial planning, management, and investments. It has several different features that allow you to budget and manage your money and has become a very well-known and widely used website. Below is…
Fake Credit Union Ponzi Scheme Costs Consumers Millions
By William Charles On the 11th of April, 2014 the SEC charged Timothy J. Coughlin, 63 for conducting internet fraud under the business names “Oxford International Credit Union” or “Oxford International Cooperative Union”. It’s alleged that defrauded investors of over 12.8 million…
Virtual Reality Can Help You Save Money
It’s funny how the human mind can conceive of just about everything except our older selves. We can easily imagine a pink dragon that farts rainbow bubbles, but if you ask us to imagine ourselves as old, we can’t do…
Warren Buffett and His Boring Investing Advice That Could Make You Rich
For those who are looking for investing advice, it pays to find someone who can be a financial mentor. That is, someone whose advice you trust, and who has a track record of doing well. When it comes to investing…
Close to 10 Million Millionaires in the US
If you ever wondered how many millionaires there are in the US, the answer is a record number as of 2013. There are just under 10 million (9.63 million) households in the US, not including their primary residence, who have…
Saving Money is Not a Sacrifice. It’s an Investment in Your Future
One of the issues many people have trouble overcoming when trying to get their finances in order is that it requires a commitment to a lifestyle change. If your finances aren’t in order, it’s because you have been doing things…
Risk, Like Beauty, Is In the Eye of the Beholder: How to assess your own risk level
By Tim McCarthy, Author of The Safe Investor: How to Make Your Money Grow in a Volatile Global Economy It always has amazed me how differently people think about what is risky vs. what is safe. Some international investors find…
Retirement: Fantasy versus Reality
By Pamela Yellen: Excerpt from The Bank On Yourself Revolution “Errors of human judgment can infect even the smartest people, thanks to overconfidence, lack of attention to details, and excessive trust in the judgments of others, stemming from a failure…
The Top 10 Stocks Investments of the US Senate
If you want to make a lot of money in the stock market, the people to take advice from aren’t the finance gurus on TV or the people on Wall Street. The people that you should follow are the elected…
Alternative Investments to the Stock Market
If you’re thinking of investing your money, you’ve probably had a lot of people tell you to invest it in the stock market. However, the stock market isn’t the only option when it comes to investing. There are plenty of…
10 Little Known Facts about Warren Buffett and How They Can Help Your Finances
Warren Buffett is well-known for his financial advice. As one of the wealthiest and most financially savvy people in the world, it’s no wonder that many people look up to him for advice and guidance. However, many of his tips…
25 Ways to Discover and Reach Your Financial Goals
By Kimberly Foss, CFP, FCWA, and author of Wealthy by Design: A Five Step Plan for Financial Security. A friend of mine recently shared the story of an unsettling trip to the supermarket. Her husband was out of town and…
Money Management from A to Z
By Jamie Englert Managing your finances may seem like a dizzying mass of numbers. But you can also think of personal finance in terms of letters, as in the initials of some important personal finance terms to know. From bonds…
10 Common Financial Blunders
There are plenty of steps that you can take to help you become financially successful, but all your hard work will end up being for nothing if you’re undermining the financial success you’re seeking to attain. The financial steps to…