It’s amazing how quickly time goes by and that I’m already writing my 2010 predictions and resolutions. Usually, I get nostalgic this time of year, reminiscing about all the memories over the last 12 months. Not this year. Let us remember that we went through an economic blitzkrieg in 2009, and I am so glad […]
Financial Tips 2010 Predictions And Resolutions Read More »
The S&P 500 is at close to record highs in 2015. And, the bull market is more than five years in the making. Today we are launching The Samurai Fund to prove a theory. Details below. The tipping point in your 401K, where performance starts outweighing a maximum $19,500 annual contribution is roughly $200,000. Once
The Katana: Lauching The Samurai Fund To Prove A Theory Read More »
Back in November 2009, the world stock markets were crashing. I wrote this post back then because I kept coming across people who were not clued into what was happening in the global economies. They were busy going shopping for unnecessary things instead. Who would have thought that one of the most glitzy countries in
The World Stock Markets Are Crashing & You’re Going Shopping?! Read More »
If I could have lunch with anyone, it would be Warren Buffett. His financial journey and investing prowess are inspirational. Alas, I don’t have any direct connections to Warren Buffett. Nor do I have enough wealth to buy a lunch meeting with him. But thanks to CNBC, I felt like I did in a great
I Saved $2.1 Million On Lunch – A Sit Down With Warren Buffett Read More »
People have been freaking out lately by a weak US dollar. I’m here to tell you it doesn’t really matter. Did you know that 60% of Americans have never left the country and less than 25% of Americans own passports? Most of the 40% who leave come back, so it’s only a temporary amount of
A Weak US Dollar Doesn’t Matter Folks! Read More »
This post was originally published on October 15, 2009, during the global financial crisis. In the past 10 years we’ve come full circle and finally re—re–breached Dow 10,000 yesterday! Bust out the party hats and call up your favorite car dealer, because money is now raining from the sky! I fully admit that being defensive
Party Like It’s 1999! 10 Takeaways From This Recession Read More »
Your net worth is an illusion. Unless your house is fully paid for, and unless you can access your retirement accounts and liquidate your business today, your net worth is not real. Although we’ve recovered quite a long way since the 2008-2009 financial crisis, we can never fully count on the full value of
Your Net Worth Is An Illusion, Sorry To Spoil Your Delusion! Read More »
I declare September frugality month. If I’ve learned anything from my 20+ years working, it’s that September and October are generally dicey months for people’s fortunes. September has historically been the worst performing month for stocks on average since 1950. 9/11 wasn’t good, neither was September 15, 2008 when Lehman declared bankruptcy. The expression, “Sell In
Get Rich In September & Buy Nothing! Read More »
The most overrated business is the restaurant business. Here are some of the most overrated businesses to start according to Kelly Spors and Kevin Salwen from the Yahoo Small Businesses page: Restaurant Direct Sales From Home On-line Retail High-End Retail Independent Consulting Franchise Ownership Traffic-Driven Websites i.e. Financial Tips, but also Facebook! Millions have lost
The Most Overrated Businesses – Restaurant Is #1 Read More »
There are press reports that Bernie Madoff has cancer and doesn’t have many years left to live. If this is the case, does Bernie win in the end? For decades, Bernie has been pilfering his clients for millions, and living far beyond his wildest dreams. Bernie Madoff’s $450 Million “Win” Let’s say that through an honest
Does Bernie Madoff Win In The End? Read More »
