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
investing
How to Convince Your Spouse to Invest in Stocks
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
August Stock Update
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
Prosper Update: Shooting for $5,060.92
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
Check Out Liz Ann Sonders
File this posting under: people worth knowing about. There is so much noise in the investing community it is often hard to find good information. Good sources get drowned out. A notable exception to the crowd is Liz Ann Sonders. … [Read more...] about Check Out Liz Ann Sonders
Warren Buffett on Business
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
I’m An Underperforming Stock Picker
One thing I love about the stock market is that it provides objective feedback — either you make money or you don't. I was talking with another blogger earlier this week (we all know each other) and the question about objective returns on stocks came up. So I had a look at my portfolio. To my shock, it looks like I've been an underperforming stock picker. … [Read more...] about I’m An Underperforming Stock Picker
Is Your Broker A Thief?
I like to talk about investing and saving money. Often when I'm chatting with my friends or colleagues, people will tell me that they think money brings out the worst in people or that stock brokers are all crooks. Because of this, they don't want to invest. As a result, they tend to miss out on the advantages of owning stocks and bonds. … [Read more...] about Is Your Broker A Thief?
How To Get 20% Returns
If you're a reader of personal finance blogs, you're probably wondering how to increase your wealth. There are many ways to go about doing this. One is to make your accounts more efficient, by increasing the amount of interest they pay or by improving your cash flow through reducing wasteful spending. However, to build serious wealth you'll want to maximize your returns. … [Read more...] about How To Get 20% Returns
Stock Trading Tips/Updates During The COVID-19 Crisis
The COVID-19 pandemic has caused a lot of problems, not the least of which are financial challenges. Nevertheless, it might be a great time to invest in stocks. After all, if you can buy stocks now while companies' market valuations are low, then you are poised to make a great profit when things are financially better again. Of course, it can feel risky to invest in stocks … [Read more...] about Stock Trading Tips/Updates During The COVID-19 Crisis
