1. Don't buy if you can't stay put. If you can't commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner - even in a rising market. When prices are falling, it's an even worse proposition. Buying a House - Money 101, Lesson 8 - Money Magazine
Becoming wealthy enough to keep the wolf from your door doesn't mean an end to unwanted callers. For every newly minted billionaire , there are cautionary tales of the well-heeled undone by visits from the the tax man, the loan officer and Uncle Sam himself. A fortune requires finesse. 7 Secrets Wealthy People Know about Amassing and Maintaining a Fortune
4 Mistakes to Avoid When Repaying Your Student Loans Student loan defaults have surged this year, with the U.S. Department of Education reporting 6.8 million federal student loan borrowers failing to make payments. What does that mean for student-loan payers across the nation?
Buying a House - Money 101, Lesson 8 - Money Magazine
Living in His Car, Cramer Developed Investment Strategy Jim Cramer has enjoyed a long, successful career. But it might not have been quite as long or successful he had not embraced this very important idea. Save. Whatever you can - whenever you can. But always save. It may sound simple but Cramer thinks too few people really understand the concept.
Don't Forget Why Value Investing Works (BRK-A, BRK-B, MKL) I don't know about you, but I'm convinced value investing stands alone as the most effective way for any investor to predictably build wealth over the long haul. To be sure, many of the world's most famous investors have made their names through unwavering faith in value investing, including Benjamin Graham, David Dodd, Seth Klarman, Irving Kahn, Whitney Tilson, Joel Greenblatt, and of course, Berkshire Hathaway 's ( NYSE: BRK-B ) ( NYSE: BRK-A ) Warren Buffett. With a roster like that, who'd be crazy enough to argue against their methods? The catch Sometimes, however, it can be incredibly difficult to stick to your guns while pundits all around repeatedly pronounce the death of value investing -- especially given the ever-increasing focus on -- and influence of -- short-term mind-sets and high-frequency trading.
Big winners share lessons, risks of Powerball win COLUMBIA, Mo. (AP) — So you just won the $550 million Powerball jackpot, the second highest in lottery history. Now what?
The 8 Most Important Facts To Know About A Company Before You Invest Investing in a stock isn't throwing your money into a poker pot and betting you'll magically become rich overnight. When you "buy" a stock, you're not buying a piece of paper -- you are becoming an owner of the company that stock represents. If you buy, for example, stock in Apple (Nasdaq: APPL) and profits grow for the next few years, you'll be treated to a rising share price and grow wealthier along with your fellow owners. But if you invest in Apple and the company does poorly during the next few years, then your shares will lose value -- and you'll lose money on your investment. While this concept may sound simple, it's surprising how many investors overlook key indicators about a company before they invest. As a result, they become owners of lousy companies that lose money year-after-year.
Water is the new gold, a big commodity bet Oops! Sorry, the page you requested either doesn't exist or isn't available right now! Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Yahoo!
13 Ways Americans Throw Away Money Blame the government or blame the economy, but Americans should also blame themselves for their declining net worth. We waste a whole lot of money. Seriously, over half a trillion dollars. This list is based on estimates due to limited available data, and the true total is surely higher. We included things like cigarettes and gambling, even though some would claim they are are worth their cost. This is a personal finance site after all, and these are costs you can cut. $6 billion in unused gift cards each year
Obama's spending: Runaway or reasonable? Oops! Sorry, the page you requested either doesn't exist or isn't available right now! Please check the URL for proper spelling and capitalization.
If you hold onto an investment for longer than five days, consider yourself the new millennium's version of Benjamin Graham. The average holding period for the S&P 500 SPDR (SPY), the ETF which tracks the benchmark for U.S. stocks, is less than five days, according to shocking statistics in analyst Alan Newman's latest Crosscurrents newsletter. "Given recent average volume, the SPY trades its entire capitalization and then some each and every week," wrote the always-provocative analyst. "Does anyone really wish to argue where valuation might enter the picture in this scenario? Is the Buy & Hold Stock Strategy Officially Dead?
Follow The Daily Ticker on Facebook! For the past few years, economists and policymakers have been locked in a philosophical debate: Austerity vs. Stimulus. Austerity vs. Stimulus: Spain and China Provide Another Test of Competing Ideas | Daily Ticker
Ultimate guide to guys' suits Three Styles That Help You Stand Out No. 1: The New Slim, Trim Double-Breasted • If you want a double-breasted suit to look modern—and not like something from a gangster flick—keep it short and trim. And avoid Dick Tracy-grade shoulder pads, too. • Keep the jacket buttoned (including the interior button). It doesn't hang well when undone.
Confusion About the Deficit Oops! Sorry, the page you requested either doesn't exist or isn't available right now! Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Yahoo!, try visiting the Yahoo! homepage or look through a list of Yahoo!'
Velshi: Economic storm coming – Your Money - CNN.com Blogs
7 Weird Ways to Hurt Your Credit Score The FICO credit score equation might be a black box, but there have been thousands of articles written about what you should and shouldn't do when it comes to your credit score. Most of them are pretty obvious--pay your credit card bills on time, don't apply for a lot of credit, and keep your nose clean. There are, however, a lot of weird ways you can hurt your score without you even realizing it. Closing Credit Cards.
The true cost of an iPhone – Your Money - CNN.com Blogs
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