Yahoo finance used to be a powerhouse of great personal articles and videos. Their quality has declined as of late, but there are still some gems to be had if you're digging through the archives. Here is a quick video I like by Farnoosh Torabi. In it she details some of the habits of people making more than $150,000 annually with $3.2 million in investable assets. … [Read more...] about Daily Habits of Wealthy People
Here is a speech from the late Nobel Prize winning economist Milton Friedmann. Its an excellent explanation of the root causes of inflation, its effects on your income, and what can be done to combat it. This is important today as inflation is starting to reemerge (clicky). If you're interested in understanding personal finance, you should probably develop at least … [Read more...] about Understanding Inflation
Here is a brief, but insightful video on spending money by Milton Friedman. Since Friedman was one of America's most famous economists, so its worth taking a bit of time to look at. His thoughts on spending money have some political implications, but at 1.46 run length its worth a watch for the loads of common sense it contains. … [Read more...] about Milton Friedman on Spending Money
Today's posting is video of a question and answer session with Warren Buffett at the University of Florida. Warren is a clever man and a witty speaker and he provides a lot of detail on his investing philosophy in this talk. I've listened to it twice and found it even more useful the second time around. Its about an hour and twenty minutes long, so as always, you might … [Read more...] about Warren Buffett on Business
Hello All, There is ton of information out there on wealth building on the web. Unfortunately most of it isn't that good. That said, I came across this video while searching the web for tips on building wealth. Its a half hour show from The Urban Wall Street Project - a program focused on wealth building for African Americans. The great thing about this show is … [Read more...] about Wealth Building Strategies for 2010
Following up on our post from PBS News Hour on how Goldman Sachs is leveraging the bailout funds to make money off of taxpayers, we wanted to also share this video from PBS.Hear what Reagan's former budget chief defends Obama's budget reforms and pressures congress to be harder on banks.Tell us what your thoughts are.Miel … [Read more...] about Reagan’s Budget Chief on Budget Reforms
We wanted to share this short video from PBS NewsHour about how Goldman Sachs has been working the system and milking a profit from tax payers. They essentially are borrowing money from taxpayers, buying federal reserves, and making a hefty profit. If that isn't corruption then I don't know what is. Why don't more people know about this, and why does our government let this … [Read more...] about Is Taxpayer Money Behind Profits at Goldman Sachs?
Check out this video from Wall Street Journal. It just makes me glad that James and I are pretty open with our purchases and I can't really think of any examples of pissed off purchases. Certainly not to the extent of $800 lizard boots. Check out the video, I think it is worth the four minutes.Readers: We'd love to hear what your experiences are in relation to this … [Read more...] about
Hi All,Some things in life are a necessity, food, water, shelter. Some things are a luxury. One controversial luxury is pet insurance. While it might seem ridiculous, a lot of people own pet insurance. Expenditures on medicine and medical services for pets was 9.3 billion in 2007 (1).At any rate, if you're in the market for a policy for your pet, here is another informative … [Read more...] about Getting A Pet Insurance Policy?
Hi All,Kiplinger media produces a much underrated series of videos for fans of personal finance. If you've got any mutual funds, you might be interested in this one. Basically the video looks at 5 ways you can minimize taxes when investing (which you can then invest to build wealth!). In a nutshell they are:1) Sell investments only after 1 year for a lower tax rate2) Watch your … [Read more...] about Five Things About Taxes And Your Investments