We’ve long been of the opinion that the path to wealth in America today does not run down Wall Street. This insider-trading mecca is rigged so solidly that, between transaction costs and administrative fees, the average investor can expect a regular fleecing. Today’s young investor should set his sights on real estate. An income property [...]
Archive for April, 2011
Good financial advisers, teachers, and mentors will talk to the young investor about many things over the course of an education, many of which might seem only tangentially related to the topic at hand, namely, earning money. Money management is one of those seemingly boring to the bone topics. Would it still be so boring [...]
Why does Amazon.com thrive while brick and mortar book store chains across the country are struggling to find a viable business model? It’s because Amazon is efficient and doesn’t have the overhead expenses of maintaining a brick and mortar store in every community, which means they can offer consumers a lower price. In case you [...]
The statistical information mentioned in this article comes to us courtesy of CBSMoneywatch.com. You’re young, dumb, and full of vim and vigor. There’s a good chance you either live in the same town where you attended college or moved back to your hometown after scoring that diploma. Did you ever think that it might make [...]
The word “default” can send a little shiver of fear down the spine of even the most fearless citizen, and it’s hard not to heave a little sigh of relief when you discover it’s someone else and not you. But you could do absolutely everything correct in your financial dealings and still end up feeling [...]