Hope to Prosper

Simple Practices that Lead to Wealth

4 Important Lessons on Investing

Investing /

MySpace, king of the social networks just a few short years ago, sold for a paltry $35 million this week. News Corp. bought MySpace for $580 million in 2005, which pencils out to a 94% loss. I won’t invest in Facebook, Twitter or most other online businesses and here are 4 important reasons why.

Real Estate 101 – Market Dynamics

Real Estate /

Real estate can be a positive lifelong investment or it can be a financial nightmare, depending on who you talk to. Often, the difference comes down to a couple of market factors that must be evaluated carefully, before the decision is made to buy.

The Greater Fool Theory

Investing /

The Greater Fool Theory is based on the belief that even if you pay more than an item is worth, you can always sell it to someone else for even more.