Long-time Dinks readers will know that we're not shy about FinTech investing opportunities. A few weeks ago, I found a neat little start-up in California called SMBX. It is building a crowdfunded marketplace for small business bonds — a historical first. It's an interesting company, so we're covering it in depth here. Before we launch into this, here's what you need to … [Read more...] about SMBX: Bonds for Socially Conscious Investors With an Appetite for Risk
I was chatting with a friend the other day, and her sister messaged her on Skype. Her sister was curious as to about how much she should be spending on common household expenses. Well, I was also curious and decided to hit the books to see what good rules of thumb are. According to the Motley Fool, you might consider the following very rough guidelines: Housing and … [Read more...] about How Much Should You Budget?
Everyone is looking for a fast buck in the stock market these days, but they forget there just isn't any substitute for following good basic advice. So here is a list of personal finance advice that works. 1) Pay Off High Interest Debt. If you have any credit card debts, payday loans, title loans or other high interest garbage, pay it off. Credit cards will charge you … [Read more...] about Don’t Forget The Basics
The biggest thing to happen in the markets this year is the action on GameStop, Inc. You've probably heard whats happening, but briefly summarized small traders, using internet forums like reddit, 4chan and TikTok, led by a man calling himself “Roaring Kitty” have coordinated to drive up the price of GameStop, Inc. This was made possible by mass use of stock trading apps, … [Read more...] about What’s Driving The GameStop Revolution?
A few weeks back, I took some of the holiday gift money I'd received and put it into small business bonds. I did this via a neat, if not somewhat risky fintech I'd discovered last year. Well, it seems like the bonds are starting to get processed and issued. I just received this in my email today: Even though its electronic, its nice to get the actual bond … [Read more...] about I Love Fintech, or Small Business Bonds For The Win
Whether you’re a Trump fan or a Biden one, there’s no doubt that a very different administration is replacing the current one. That means we’ll see stark differences in the way Biden runs the country compared to Trump. We’ll also see significant differences in the leaders Biden chooses versus Trump. However, the difference in the two candidates doesn’t just affect the … [Read more...] about Investing Tips Under the Biden Administration
Just imagine going to sleep in the night and getting out of bed the next day with cash in the bank. The fact is, there are many businesses that make money while you sleep or hang out with family or engage in any other activity. Having said that, here are a few of my favorite businesses to do just that. … [Read more...] about 6 Businesses That Make Money While You Sleep
You may live for the thrill of investing and enjoy seeing your money in your portfolio grow. You may also weather any stock market downturn with resilience, confident that what goes down must go up. However, what do you do when your spouse is less than interested or even fearful of investing in the stock market? Depending on your partner’s personality, there are several ways … [Read more...] about How to Convince Your Spouse to Invest in Stocks
This is a quick personal update and follow up on a previous article. As you might recall a couple of months ago I realized my stock picking skills needed work. So, I stopped buying individual banking stocks (UMPQ and ORPB) and I am focusing on index funds. I'm also probably going to get a paid account with The Motley Fool's Stock Advisor service. Here is my retirement … [Read more...] about August Stock Update
So it's been a while since I posted a update about my Prosper.com investing. Prosper is an interesting business, if you're not into peer to peer lending, you should consider checking it out. Prosper is a company that basically offers a marketplace where lenders and borrowers can come together. I've been lending with the company since back in 2007. … [Read more...] about Prosper Update: Shooting for $5,060.92