About a month and a half ago, I read Your Money or Your Life and found it to be a relevatory experience (check out my review of the book). One particularly interesting part was a discussion of a concept that the authors referred to as the “crossover point.” Since then, I’ve seen reference to this concept in other places under other names, but I’ll continue to use the same name here. What is the “crossover point”? The crossover point is the point at which your investments begin to earn more money than the cost of your living expenses. When Your Income From Investments Covers Your Living Expenses: The “Crossover Point”
Since 2004 TraderMike.net has been the #1 spot for reading high quality, to the point daily market recaps. The site has been visited by more than 1.5 million visitors over its lifetime. In January, 2011 the site was sold to Blain Reinkensmeyer to continue the tradition and in November, 2011 all stock market recaps were switched to being posted on Blain’s other site, StockTradingToGo.com. Trader Mike
Monday, August 14, 2006 | 01:14 PM Technical Analysis gets a bad name, and for all the wrong reasons. People seem to be put off by some of the more esoteric pattern recognition issues, and that's a shame. The Big Picture: Rotation Underway: S&P100 to S&P600
This article is by staff writer April Dykman. When I was in the first stage of personal finance, I had two obvious goals: Pay off my credit cardSave $10,000 for an emergency fund It was by no means easy.
The Bonddad Blog - by New Deal democratTwo signifiant arguments contra my contention that housing demand will actually decrease at least for awhile YoY this year are that (1) there is a lot of pent-up demand, and (2) interest rates at 3% are still low so there shouldn't be that much of a reaction. Fair points. But this isn't the first time that there has been pent-up demand for housing in an era of low interest rates. While the statistical series aren't identical, they clearly show that there was a huge housing bust during the Great Depresssion, that lasted through World War 2. Then all the GI's came home in 1945 and got busy making babies.
They say a picture speaks a thousand words. So, here is a picture of my bank statement showing the passive income from credit card arbitrage in the short span of 9 months. I had mentioned earlier about my first attempt at credit card arbitrage. Well, the CD came due on the 1st of June and we made around $2,000 in free money (The picture does not show the interest payment for the last month). If you are new to credit card arbitrage, here’s a quick and dirty explanation of how it works: Remember those 0% balance transfer offers you receive in your mail box every day? Grad Money Matters: Credit Card Arbitrage (Plus an Image of the $2,000 we Made...)
Clever Dude Personal Finance & Money Posted by Brock | January 24, 2014. Welcome to Clever Dude! If you like what you see, subscribe to our RSS feed & stay in the loop.
Optimism rules. Almost two thirds of investment professionals expect the global economy to expand in 2014, according to a CFA Institute survey. And 71 per cent picked stocks as the asset class most likely to perform best, a big jump from 50 per cent last year. If you invested in the stock market in 2013, you had excellent returns in both Canadian and U.S. equities. It was a surprising outcome for a year in which all the news seemed gloomy. The TSX composite index was up 9.6 per cent (not including dividends) and the S&P 500 index was up nearly 30 per cent. TreasurePicks
by Bill McBride on 1/17/2014 04:20:00 PM From housing economist Tom Lawler: Based on realtor association/MLS reports from across the country, I estimate that US existing home sales as measured by the National Association of Realtors ran at a seasonally adjusted annual rate of 4.96 million in December, up 1.2% from both November’s seasonally adjusted pace and last December’s seasonally adjusted pace. I estimate that unadjusted sales (as measured by the NAR) showed a slightly higher YOY growth than SA sales, reflecting this December’s higher business day count than last December. YOY sales results varied massively across the country. California home sales showed a sizable YOY drop last month, reflecting a large decline in “distressed” sales as well as a steep decrease in investor buying of both distressed and non-distressed sales, combined with relatively flat sales to owner occupants.
Biiwii.com Technical Analysis & Commentary