Simple Practices that Lead to Wealth
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.
According to my friend, I can buy Iraqi Dinar for pennies each and they will be worth a couple dollars each, as soon as the UN recognizes the Iraqi currency.
Between the January Effect, the Santa Claus Rally and mutual fund distributions, my portfolio usually takes a nice jump at year end.
This is a guest post by Rob Bennett. Rob often writes on behavioral finance on the Passion Saving blog. You can learn more about Rob’s background on his bio page. You get fired. You’re feeling very, very, very down. And scared about the future. What do your friends tell you? They tell you that someday you will look back …
Continue reading “The Economic Crisis is the Best Thing that Ever Happened to Us”
Investing always involves some risk and there’s no way to avoid it completely. The trick is to keep the risk to your principal as low as possible, while still bringing in a return that makes your investments grow.