From the category archives:


Don’t Panic, Profit

August 18, 2011

The market turmoil recently has reminded me of what the market was doing in late 2008 and early 2009. People were afraid of their shadows, and it seems things are getting that way again. Now the trouble is in Europe instead of US banks. Last week we had 4 days where the markets either went […]

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Should I Invest or Prepay the Mortgage?

February 16, 2011

Many people get to the point after Baby Step 3 of having a nice sized emergency fund and they wonder what to do next. Should we start investing our extra money, or should we use it to pay off our mortgage. This is where I find myself currently, and I’ve been debating myself back and […]

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What Use is Money in the Hands of a Fool?

January 23, 2011

Of what use is money in the hand of a fool, since he has no desire to get wisdom. Proverbs 17:16 If you want to learn how to handle money well you have to be willing to learn from your mistakes. If you want to do it without losing a lot of money, you have […]

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Learn to Invest from the Best

October 31, 2010

“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights or inside information. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework.” Warren Buffett “I don’t believe in predicting markets. I believe in buying great businesses – especially companies […]

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3 Steps to Getting Rich

October 28, 2010

Dishonest money dwindles away, but he who gathers money little by little makes it grow. Proverbs 13:11 I have a 100% fool proof way to get rich. This is not a scheme or a penny stock tip, and it works every time. You ready? It’s only 3 steps, and they really aren’t that hard. Step […]

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What is a Bull Call Spread?

October 25, 2010

First off, let me get a disclaimer out there. I am not a professional and this is not to be considered advice. I have however spent a decent amount of time buying and selling options and stocks, and I spend tons of time researching the market and individual companies. If you ever want to discuss […]

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Tradeking Review

October 5, 2010

Tradeking is an online discount broker. I’ve been using it for around 2 years now so I thought I’d do a review. I’ve used several different brokers including ETrade and Zecco, and so far Tradeking has been my favorite. Pros Let’s start off with the good things. First, the price. It is only $4.95 to […]

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To Be a Good Investor, You Must Start With Lesson Number 1

May 27, 2010

This is a guest post by Mariusz Skonieczny. He is the founder and president of Classic Value Investors, LLC, an investment management company. He is also the author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the […]

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Dave Ramsey’s Baby Steps: Step 7 – Give, Save, and Spend!

March 15, 2010

photo credit: Eric Kilby Congratulations, you made it. When you get to baby step 7 you get to have a party. This is where you get to Give, Save, and Spend lots of money. These are the three things that money is for. You want to give it away, spend it on fun stuff, and […]

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Dave Ramsey’s Baby Steps: Step 4 – Save 15% for Retirement

March 12, 2010

photo credit: tlwebb Baby step four is to start saving money for retirement. Social Security and Medicare are basically bankrupt. If you are in your 20’s or 30’s you probably can’t count on too much help from Uncle Sam. Who knows if there will be anything there when you get to retirement age. This means […]

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