Thanks to the subprime mess, and the huge losses in the housing market, banks have been more reluctant to lend money. Although I think the credit crunch is greatly exaggerated, if you want to get a loan, you need to be able to show that you are credit-worthy. One of the main things you can […]
In my post from a couple days ago, detailing the Investment Advice Of David Swensen, I thought there was a good lesson in diversification. I thought I would breakdown the different ways you can diversify your investments, and hopefully avoid getting hurt in an unstable market.
Owning many different stocks: If you have the bulk of […]
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 […]
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 […]
One of the things I’ve been trying to work on in the first two months of 2008, is to not be as wasteful. I do this to live a more green lifestyle, but also to save money. I have found some pretty painless ways to cut down on waste and utility costs.
Change your light bulbs. […]
On the front page of Digg.com a week or so ago, was a story about Google before they had their IPO. The story was about how they wanted to protect their employees from stock brokers and money managers who would try to separate all the new Google millionaires from their money. Google’s senior VP Jonathan […]
