The Money Post

Investing, business, and personal finance.

Entries for March, 2008

Lessons Learned From Being Broke

There is a good article at Kiplinger.com by Erin Burt, about the lessons she learned from being broke. Times are tough for a lot of people right now, so hopefully everyone can learn these lessons and improve their financial situation.
The lessons she mentions in the article are:

Know your priorities. Learning early on how to prioritize […]

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Don’t Raid Your 401(k)

Record numbers of foreclosures, rising gas and food costs, and just overall tough times have seen many people dipping into their 401(k)s to make ends meet. Although it may seem like the place to go when you’re facing serious hardship, there are some things to consider before you raid your retirement accounts.
The disadvantages of taking […]

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The Middle-Class Millionaire

According to Russ Alan Prince and Lewis Schiff, middle-class millionaires now account for 10% of the U.S. population. In doing research for their book The Middle-Class Millionaire, they studied almost 4,000 households to better understand attitudes, values and purchasing patterns.
Some of the interesting things they found out were:

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Real Estate Mess & Vulture Investors

I was listening to a great piece on NPR (National Public Radio) about the weakened condo/housing market, and especially the weak market in Miami. I’ve visited Miami many times within the last few years, and since my brother is a real estate attorney there, I feel like I’ve seen what they’re referring to.
A bit from […]

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The Visa IPO

The largest initial public offering (IPO) ever in the U.S. is set to take place within the next month. Visa is set to sell almost a half-billion shares, and is expected to begin trading around the $40 a share mark. Although I would need to do an awful lot of research before buying shares myself, […]

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Learning From Failure

Below is a video of a Nike commercial featuring Michael Jordan that is truly inspirational to me. He’s inspirational not just because of his physical abilities, or business accomplishments, but because of his drive, leadership, and ability to overcome adversity. Anyway, I thought this was a good commercial and thought I would share it.

Most people […]

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