Personal Finance Blog for Everyday People
We all know who Warren Buffett is. He’s one of the most successful investors that has ever lived. At the end of the day, if we want to become successful, one of the best moves that we can make is follow others that already have. So, if you want to be successful in the world of investing, who better to follow than Warren Buffett? With that being said, here are some of the … [Read more...]
For newcomers to the market, there’s one term that will be seen quite often, and while just about everyone thinks they understand it, it’s vitally important that they actually do understand it. That factor is risk vs. reward. What Is Risk Vs. Reward Risk vs. reward as a term in and of itself is pretty self explanatory. Essentially, it is a term that reminds investors to … [Read more...]
Rumors happen all the time in the market. While rumors are generally looked down upon, savvy traders find themselves searching for rumors as they have the potential to lead to massive movements in the market, creating potentially profitable opportunities. In fact, nearly every day, I find yet another profitable opportunity that's built around a market rumor. Often times, gains … [Read more...]
Those of us that have been around the block in the investing world know that there are several important signals for investors to watch. One of the most important of these is known as the catalyst. At the end of the day, catalysts often turn into dollar signs. That is, if you know how to take advantage of them. Today, we'll talk about what catalysts are and how they can turn … [Read more...]
If you're a trader, whether a beginner or a professional, you know the importance of strategy. At the end of the day, your trading strategy is the what, when, and why, of just about every trade you will make in the market. Throughout the years, I've tried various strategies; some successfully, some not so much. One of the strategies that I tried out early on and loved from the … [Read more...]
Thanks for joining me for my third post bashing Dave Ramsey’s principals. OK, so these posts are a bit rude. The truth is, Ramsey has a butt load of followers that follow everything he says religiously. Although without reading between the lines, his plan does seem fundamentally sound.However, when you consider the fact that no one plan can work for everyone, it’s easy to … [Read more...]
To be honest I’m not the type of person that really likes to rag on people and their ideas. So, when I was presented the opportunity to write this series, I was naturally a bit concerned if it was a good idea or not. However, I agreed and wrote the first post based on a few articles I researched.Well, after looking more into Dave Ramsey’s theories, I’m happy I decided to … [Read more...]
Have you heard of Dave Ramsey? Of course you have. He’s a well known personal finance expert with a following that I could only dream of. However, I’d also like to point out that the man is absolutely crazy. OK, so maybe I’m being a little harsh, but I think it’s justified. So, today is going to be the start of a series all about Dave Ramsey. However, I’m not going to praise … [Read more...]
We’ve been taking a close look at several different apps for quite a while now. A few months ago, we did a detailed review of Prosper, but noticed that there was something wrong. Prosper has two sides; it’s designed for both investors and for borrowers. Therefore, it didn’t make sense to have an all-encompassing review.So, today, we’re going to take a close look at Prosper … [Read more...]
Peer to peer lending gets more and more popular with every passing day. The simple fact is, consumers and small businesses enjoy the low cost loans, and investors really seem to love the returns offered through this kind of investment.So, today, we’re going to do a comparison of the two best peer to peer lending sites to see how they stack up against each other. Those … [Read more...]
