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Consider Working at a University to Help Pay College Expenses

My aunt and uncle, both high school graduates with no college education, had nine kids and helped the ones who wanted to go to college pay for their education.

Many of the nine children now hold professional positions such as financial planner and nursing supervisor.  They are all successful adults, and some make very good salaries.

My aunt and uncle were able to help pay a portion of their children’s college costs despite the fact that my uncle worked in a factory for a number of years while my aunt was a homemaker.

How were they able to do it?

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Are You Cut Out to be a Landlord?

One of the ways that many people decide to invest in real estate, or create a passive income stream, is to purchase a rental property with the intention of becoming a landlord.

Owning property that you can rent out to others can be one way of creating income, and also of waiting for a property to increase in value.

However, being a landlord isn’t for everyone.

You should consider whether or not you are truly cut out to be a landlord. Continue Reading

What is Market Timing and Does it Work?

If you invest in the stock market, you might be pretty frustrated by the huge swings you’ve been experiencing on a daily basis.

That’s especially true if you’re trying to amass enough money to retire one day.  In an effort to mute those terrifying swings you might be interested in alternatives.

One of those alternatives is timing your investments.

But just what is market timing?

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Our Switch To Netflix – Review

Netflix

A few years ago my wife complained about our cable bill.

“This is a ridiculous amount to pay every month” she said.

We had a premium cable channel on our plan but we weren’t even watching most of the movies or shows it provided.  And the movies it did show played over and over without much variety.

I thought about it and it was ridiculous.

So what to do?

We wanted to be able to watch recent movies without having to pay per movie or leave the house to pick something up. 

Enter Netflix!
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Don’t Get Too Hung Up on the Value Investing vs. Growth Investing Debate

If you go by the conventional wisdom, investors come in two varieties.

On one hand, you have investors who ply their trade in the belief that the past performance of a stock has clues to its future performance.  Technical investing, as it is commonly known, depends much on behavioral aspects of investing, with stock charts being the main tools of the trade.

On the other hand, you have investors who believe that investing success lies in researching the business of the company on a fundamental level, and digging deep into a business? ability to generate profits over a long term.

Fundamental investing is further divided into growth investing and value investing.

Traditional media, and indeed a surfeit of financial publications, both online and offline, take pains to point out the differences between the value investing and growth investing approach.

But at the root, all investing is value investing.

To understand this, we need to go back to the basic principles of fundamental investing. Continue Reading

Occupy Movement Protests: A Revolution or a Waste of Time?

Unless you’re completely oblivious to all news outlets, chances are you’ve heard of the recent Occupy Movement protests in the U.S.

It all started on September 17, 2011 with the New York General Assembly.  Over one thousand people assembled and “occupied” in Liberty Square in the Manhattan Financial District to express their outrage and “a feeling of mass injustice” that the 1% of the richest people in America are making hard, selfish decisions, negatively affecting the other 99% of the country.  This commenced the Occupy Wall Street movement that we hear so much about in the news.

Some of these injustices include, but are not limited to: Continue Reading

The Three Best Financial Moves You Can Make for Your Child

My grandmother was a young bride during the Great Depression, and some of the frugality she practiced during that time never left her. When I was young, I routinely saw her washing aluminum foil and plastic bags for reuse.

She and my grandfather lived in a trailer park during retirement to minimize their monthly expenses, and when my grandpa died at 88 and later my grandma at 90, they still had a enough money left to give a small inheritance to their nine children.

That type of sacrifice and money management is seen less often nowadays.

In fact, we routinely hear about college students who graduate with thousands of dollars in both student loan and credit card debt and struggle to find a job and pay their bills.

Yet, as a parent, there are three important things you can do for your teen to put them on the financial track that will lead to a life of prosperity.

Three Best Financial Moves You Can Make for Your Child

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