How to Make More Money.
STOCK MARKET TERMS FOR THE NEW ECONOMY (as seen on www.efactor.com ) CEO — Chief Embezzlement Officer. CFO — Corporate Fraud Officer. BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius. BEAR MARKET — A 6 to 18 month period when the kids get no allowance, the [...]
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Tip’d is an awesome site for both amateur and professional investors that provides financial news, ideas, and tips. The site’s goal is to foster a spirit of community around the subject of investing: think of the relationships you could make! The site is much like Digg.com: Tip’d users can submit content to be "Tip’d" by [...]
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Everyone has a budget: a government, a business, or an individual. So how do you budget your money? There are only two ways to budget your money: Budget Deficit Budget Surplus A Budget Deficit is when you do not plan well and spend more money than you make. This could also be that you fail [...]
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Have you heard the old saying “It’s not what you know, it’s who you know?” That was certainly true in the Industrial Age, but in the Information Age, the saying needs some tweaking. Now, the new mantra is: “WHAT you know determines who you CAN know.” And who you can know makes a difference. A [...]
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Robert Kiyosaki, the international best-selling author of numerous books including Rich Dad Poor Dad and Increase Your Financial IQ , explains the four different types of people in the world of business as: 1. Employees 2. Self-employed/Small Business Owners/Specialists 3. Big Business Owners 4. Investors Watch the video below for great financial training on each [...]
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Fannie Mae and Freddie Mac, two of the nation’s largest companies that back mortgages, were taken over by the Fed as of Sunday 9/7/08. They provide funding for nearly three quarters of all new-home mortgages according to the Wall Street Journal . The government will provide nearly $200 billion dollars of capital to keep the [...]
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The rules of money have changed over time. It used to be that you could go to school, get good grades, get a safe, secure job (with benefits), and retire on Social Security, a pension, and personal savings. As Gen Y, we realize this isn’t the reality for us. Safe, secure jobs are as ancient [...]
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The rules of money have changed. But how did we get here? Here is a brief timeline of events that have led the U.S. to be in the financial position that it’s in, and how it’s affecting you. 1913: Federal Reserve Bank Established Federal Reserve History – This non-government, non-U.S., privately held bank would now [...]
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Did you know that there are two tiers in our society? Rich vs. Poor There is the Rich and the Poor, and the gap is growing faster and faster. The middle class is being eliminated. How is this happening? While there are several variables affecting the loss of the middle class, one chief problem is [...]
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When you look at the price of gold over the last several decades, you’ll notice it has ascended strongly. In 1971 gold was pegged at $35/ounce. Today, it’s over $800+/ounce. What happened? In 1971, the U.S. abandoned the Gold standard. This began the demise of the dollar. As the credit crises and subsequent meltdown of [...]
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