Wednesday, October 31, 2007

Three Simple Steps To Building Wealth

Three Simple Steps To Building Wealth: "Building wealth - it's a topic that sparks heated debate, promotes quirky 'get rich quick' schemes and drives people to pursue transactions they might otherwise never consider. 'Three Simple Steps To Building Wealth' may seem like a misleading title, but it isn't. While these steps are simple to understand, they're not easy to follow." Read more of this guest article.

Monday, October 29, 2007

Economics 101 for Investors

Economics 101 for Investors - Vanguard: "The direction of the economy certainly matters. It affects the financial markets as well as how safe your job is, how your income may grow, what goods and services will cost you, and how much interest you'll pay to borrow. It's undeniably helpful to know some basics about the economy.

As an investor, however, you probably need to consider only one economic question: Do you think the economy will grow over time, as it has in the past? Investing, especially in stocks, is an act of faith in the ability of market economies to grow over the long haul thanks to the effort and creativity of people. If you believe the sweat and ingenuity of individuals will lead to long-term growth, you don't need to give lots of thought to short-term moves in the economy." Read more of this guest article.

Thursday, October 25, 2007

Reach for the Investment Book that Pays a Lifetime of Dividends

Reach for the Investment Book that Pays a Lifetime of Dividends - GoArticles.com: "The New Design Chair Company may not make today's investors turn on their heels and take notice. But, throughout it's storied existence, its done what few companies could do: introduce the basics of investing to generations of investors.

For nearly 30 years, readers have followed New Design from its humble beginnings, through the attraction of venture capital, and eventually to the breakthrough of going public. And, the details of that journey are just the first few pages of the Jeffrey B. Little and Lucien Rhodes classic, Understanding Wall Street." Read more of this article.

Monday, October 22, 2007

Introduction To Social Security

Introduction To Social Security: "Social Security is a federal benefits program the United States developed in 1935. While the program encompasses disability income, veterans' pensions, public housing and even the food stamp program, it is most commonly associated with retirement benefits. However, if you still have many working years ahead of you, you may not be able to depend on these benefits as a source of income." Read more of this guest article.

Monday, October 15, 2007

How Much Life Insurance Do You Need?

Right after coming to grips with the need for life insurance, you've got another question that is sometimes hard to answer: How much life insurance do you really need?

How to assess your life insurance needs - MSN Money: "Figuring out how much life insurance you need shouldn't be a guessing game. You can assess your needs -- and the needs of your loved ones -- and make a calculated assessment." Read more of this guest article.

Wednesday, October 10, 2007

Term vs. Whole Life ...That is the Question

You've probably heard the mantra: "Buy term and invest the rest." For many, these are hallowed words - more true than the oldest cliche. But, is it true? Are there better options for your situation? Keep in mind,...

The raging debate over term vs. whole life - MSN Money: "... the wrong kind of life insurance can do more damage to your financial plans than just about any other financial product today. So, the first and most important decision you must make when buying life insurance is: term, permanent or a combination of both?" Read more of this guest article.

Saturday, October 6, 2007

10 Nasty Money Habits to Kick

Discipline, discipline, discipline. Your financial habits can, and will, make or break you.

10 nasty money habits to kick - MSN Money: "Remember the movie 'Groundhog Day,' the one where Bill Murray kept reliving the same day? Some people live their financial lives like that, making the same mistakes over and over. But you don't have to be one of them. To help you avoid being a repeat offender, here are 10 of the common money errors that many of us make repeatedly, along with the real-world cost of each and a better way to handle each situation." Read more of this guest article.

Friday, October 5, 2007

Get to Know ETFs

ETFs are the new kids on the investing block, but they've already become among the most popular. They provide investors with diversity, low cost, and flexibility.

ETFConnect - Education Center - Index ETFs - Know Your Funds: "An index ETF is an investment structure that pools the assets of its investors and uses public indexes to invest the money to meet clearly identified objectives, such as current income or capital appreciation. Index ETFs are essentially passive index funds, similar to traditional index mutual funds, that allow investors to trade a portfolio of securities in a single transaction." Read more of this guest article.

Wednesday, October 3, 2007

Control Yourself and Become a Better Investor

Unfortunately, when I worked for one of the biggest online brokers (who shall remain nameless), I got to see the myriad ways individual investors lose money. Sad part is, while most won't acknowledge it, individual investors are almost hard-wired to fail in the stock market. Why? Read on,...

Six Powerful Ways to Fail With Stocks - InvestorGuide University: "Get excited about the next 'new thing', and then load up on companies who are the early entrants for that theme. This is a trap because it appeals to the common sense of most people. Yet there is little evidence that it works, or that it is consistent with the nurturing of an investor's healthy mentality. The public doesn't know this, but the 'promoters' do, and they are ready to exploit you - a person - even as they are telling you to exploit an 'opportunity.'" Read more of this guest article.