You might have thought I was being melodramatic. Maybe a bit boisterous or a little too “harsh” on the Banks, but as of today, you know why. The Loan Modification protocol at Bank of America is designed to trap homeowners… Read More ›
Fixed Income Investing
Why is the Government seizing data from Google and Verizon?
I don’t know about you, but it makes me very uncomfortable to know the Government has the power to force a company like Google to hand over it’s customer data without a specific reason behind it. Yesterday we heard something… Read More ›
What is a 529 plan?
If you tried to make the argument against using a 529 savings plan for college, you would be in a losing position. I know because I’ve been there… For a long time, I didn’t like the idea of saving for… Read More ›
Should you invest in Mutual Funds?
In most cases, you don’t need to invest in mutual funds. So, why do more than 90 million people in the US invest in mutual funds? Marketing. These funds spend big dollars marketing to the public and financial planners all… Read More ›
Today’s Twitter incident shows you just how fragile the Stock Market can be…
Today, the Associated Press Twitter account (@AP) was hacked. The tweet read “Breaking: Two Explosions in the White House and Barack Obama is injured”. Over the course of the next 3-4 minutes, the Dow Jones Industrial Average lost 130 points!… Read More ›
There’s only ONE thing to do when you mess up…
Today, I made a huge mistake. I make mistakes and mess things up just as much as anybody else, but today was a big one. Our Event in UTC where I revealed all my Credit-scoring secrets was today and I… Read More ›
Why it’s Hard to Successfully Invest in the Stock Market today…
It is Wall Street after all. We know there will always be insider-trades behind closed doors. But, it’s another thing completely when they do it in broad daylight. It’s like being slapped in the face over and over with a… Read More ›
What is a safe investment these days? THIS is better than GOLD.
When most investors become fearful of a looming dip in the Stock Market or inflationary pressures, the “gold-run” is on. However, if we take a close look at one particular alternative, it leaves gold in-the-dust in almost every category… Real… Read More ›
Bonds are DEAD. It’s official…
The first of two “warning shots” came when FINRA issued an announcement telling Investors that Bonds could “experience significant price drops” and to “expect the value of your bond fund to decline, perhaps significantly“. FINRA has never made any announcement like this… Read More ›
The Stock Market closed at an All-Time High today… But why?
It must have been what Warren Buffet said in this article, because it’s hard to find a good reason why the Stock Market would have set a record high in the Dow Jones Industrial Average today (14,253). We shouldn’t be… Read More ›
