Okay so I sat down and calculated my net worth last weekend. I'm up 2.48% from May. July's wealth total was $386,959.70, up $9,377.09 from May's $377,582.61. The major long term drivers of the growth have been: A. Appreciation of my condo unit. The value of the condo increased by about $1,000. B. Growth of my stock - I was able to make a substantial deposit of … [Read more...] about July Net Worth Update – Up $9,377 to $386,959.70
Even The Smart Money is Fallible
The more time you spend on the planet, the more you realize that even smart money is fallible. Here is a graphic that is making the rounds on the web. Its a stock recommendation issued by Goldman Sachs on the now defunct Enron Corp. In case you're not familiar with Enron, here is the story. The Enron Corporation was an American energy, energy commodities, and related … [Read more...] about Even The Smart Money is Fallible
The False Economy Of Lawn Furniture
It's definitely summer here in Portland, Oregon. Last weekend was the hottest on record. The temperature hit 116. It was so hot in fact, that the multivitamins in my apartment melted. As a result of the heat, a ton of people are buying summer stuff - clothes, furniture, etc. Last week I was at a Fred Meyer (which is a local Kroger chain) and outdoor furniture and camping … [Read more...] about The False Economy Of Lawn Furniture
If You’re Saving – Don’t Give Up!
This is a quick posting for everyone working on a large savings goal. If you're saving - don't give up. Don't Give Up. Don't quit saving out of the silly belief that you'll never have enough to meet your goal. Forget focusing on the big figure you need to get to. Instead, work it out using a calculator and break down what your weekly, monthly and annual savings goals … [Read more...] about If You’re Saving – Don’t Give Up!
Eight Reasons Why Its Hard To Get Rich
Have ever wondered why its so hard to get rich? In America we love and worship rich people. Guys like Warren Buffet and Elon Musk are celebrated personalities. We also value and appreciate the actions of people like Richard Branson or Oprah Winfrey. So, if being rich is so awesome, why aren't more people wealthy? Consider the numbers. There are about 128 million households … [Read more...] about Eight Reasons Why Its Hard To Get Rich
Tip Of The Day: Grocery Store Customer Service Desks May Redeem Your Coupons
Hello All, Here is a tip for you. If you have grocery coupons, but you forgot to use them during your shopping trip. Bring your coupons and your receipt the grocery store. The customer service desk may be able to credit your coupons to your rewards account, or they might be able to give you cash back. More reading here: Tip Of The Day: Save Those Plastic Shopping … [Read more...] about Tip Of The Day: Grocery Store Customer Service Desks May Redeem Your Coupons
Monday Thoughts, South African Brain Drain & Dinosaur Banks
So, here are a couple of Monday thoughts. Brain Drain is Happening In South Africa - Short Sell It Everyone knows about Elon Musk - he's one of the most famous entrepreneurs in the US. But, were you aware that he's South African? Musk however, is not the only major entrepreneur of South African descent in America. Energy drink entrepreneurs Rodney Sacks and Hilton … [Read more...] about Monday Thoughts, South African Brain Drain & Dinosaur Banks
T. Harv Eker On Money
"Let me put it bluntly: anyone who says money isn't important doesn't have any! Rich people understand the importance of money and the place it has in our society...poor people validate their financial ineptitude by using irrelevant comparisons. They'll argue 'Well, money isn't as important as love'...What's more important, your arm or your leg? Maybe they're both … [Read more...] about T. Harv Eker On Money
66 Ways To Save Money
Since we dinks are hard at work today, we wanted to let you know about some handy money saving tips from your friend and our's, The State of Florida! The Florida has a handy document, called 66 Ways To Save Money, that details ways you can save money buying a car, getting a checking account or negotiating with your power company! It's a quick read and has some great tips, … [Read more...] about 66 Ways To Save Money
James’ Top Finance Books
I'm crashing on some work today so here, so this posting is for everyone thirsty for good things to put into their mind. So, without further ado, here are my favorite books on personal finance. 1) The Intelligent Investor - Benjamin Graham. The author of The Intelligent Investor was Benjamin Graham. Benjamin Graham is famous for being the mentor to billionaire … [Read more...] about James’ Top Finance Books
