What is an IPO and Should I Care?

Facebook’s recent IPO and resulting stock price flop have been all the talk in both financial and general news media as of late.  Billions have been made and lost on that single stock alone.

But what exactly is an IPO?  And does it really matter to the average investor?

What is an IPO?

IPO stands for “Initial Public Offering”.

When a private company wants to sell a share of the company to the public in order to raise capital to continue expanding operations it is done through an initial public offering.  It is called this because up to this point the private company hasn’t sold a share of the company publicly on the stock market.

In short, an IPO is when a privately held company owned by a few individuals or handful of investors, sells a chunk of the company on the publicly traded stock markets.

Why Do Private Companies Go Public?

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Motif Investing Review

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I had never heard of Motif Investing when Glen asked me to take a look at them and write up a Motif Investing review.  Having done so I’m really glad I’ve been made aware of this investment firm.

This is one of the most unique value propositions I’ve heard of for retail investors in quite some time.  If you ever plan to invest for your future retirement I think looking at Motif is a good idea.

What is Motif Investing?

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What is the Student Loan Forgiveness Act and Is It a Good Idea?

Earlier this year a new bill was introduced to Congress called the Student Loan Forgiveness Act of 2012.

The potential legislation has some massive changes for the student loan industry.  Is this new student debt legislation a good idea or something that should be shelved by Congress?

What is the Student Loan Forgiveness Act?

The Act would make wide changes to the massive student debt load in the country.

In 2010 total student loan debt exceeded total credit card debt for the first time.  The Act is also in response to a poor economy: the idea is that former students are too cash strapped from paying their loans to spend any money in the economy and relieving them of this debt would greatly improve the consumer economy.

10/10 Payment and Forgiveness

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What is a MLM Business and What You Need to Know About Them

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Looking to improve your situation by starting your own business?

As you’re doing your research you may run across some amazing claims by potential business operations that promise you the ability to work for yourself while selling great products.

The old mantra of “if it is too good to be true, it probably is” should raise a red flag in your head.

When an individual or business claims they’re going to make everyone rich and successful, you are probably speaking to someone involved in an MLM business scam.

What is a MLM Business?

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USAA Free Checking Review – No Fees and Lots of Convenience

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Looking for a new checking account with low fees and great customer service?

Take a serious look at USAA Free Checking.

USAA stands for United Services Automobile Association.  The firm was started in 1922 by 25 service members that came together to insure each other’s vehicles.  It is a financial services company with our nation’s military and military families at its core.  The firm has grown to serve more than 8 million members and offers a wide variety of banking and insurance products.

Being able to use USAA’s financial services is only available to the select few who have either served in the military or their family members.  This keeps the company focused on its mission and enables them to offer unique products.

If you qualify, you should definitely consider using them for your banking and insurance needs.

That said, certain products, like checking and savings, are available to everyone.  And that’s great news for you!

Why USAA Free Checking?

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How to Improve Your Credit Score Fast

Having a good credit score impacts many areas of your life: the interest rates you pay on debt, your car insurance rates, and what types of credit card offers you get in the mail.

If you find yourself with a poor credit score, but have a need to improve it quickly, there are a few tips you can try.

However, the only true way to drastically improve your score is to use debt responsibly for a long period of time.

What Goes Into a Credit Score?

Before you can improve your credit score you need to know what exactly goes into your credit score in the first place.  Once you know what goes into the credit score you can work to make changes in those specific areas.

credit score factorsWe have a full post that dissects what goes into your credit score, but here’s a brief breakdown:

  • 35% – Payment History
  • 30% – Amounts Owed
  • 15% – Length of Credit History
  • 10% – New Credit
  • 10% – Types of credit used

How to Improve in Each Credit Score Area

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Best Gear to Rock a Mobile Office

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Not too long ago your office was a physical space with a heavy desktop computer, a fake wood desk, filing cabinets, and maybe even a Secretary named Ruth.

In the digital age your office is wherever you currently are.

Sure, you might need a physical space somewhere, but with all of the mobile technology available you can get a majority of your work done wherever you are.

Best Gear for a Mobile Office

Whether you are a freelancer or salaried employee, here are some tips to rock your mobile office: Continue Reading