Investing is very simple but difficult. It is how you act when it seems like the world is ending that will determine your success. Most market gains come in very short time periods and if you miss these days your returns will be devastated. The numbers prove this very clearly .As Peter Lynch once said,…
How should you divide your paycheck between saving and spending to create a sound budget??
A good rule of thumb to deal with your after tax take home pay would be the following: 50% needs and essential purchases, no more than 30 percent on a mortgage or rent 30% wants or stuff that you enjoy 20% savings that you could divide this between your 401k and bank savings account …
How much does it cost to raise a child from birth to age 17 ???
This does not INCLUDE college!! 30% Housing 18% Child Care and Education 14% Transportation 16% Food 8% Health Care 8% Misc. 6% Clothing Grand Total = $234,900
6.7% of colleges are offering fixed rate tuition
The same tuition for the length of your enrollment. This is a trend for the future. Ask the schools you are interested in if they offer this. Read on…..http://bigstory.ap.org/article/fixed-rates-are-latest-college-tuition-plans
How can you add $146,000 to your retirement account?
Take advantage of the catch-up $5,500 that is available when you are 50. You can max out at $17500 and then add $5500 to that number. Over a period of 15 years this $5,500 will grow to over $146,000 compounded at 5%. It is not too late to start……. If John continues to make this…
How much income do you need in retirement?
Most people believe that 75-85% of current income will do the trick. The answer is it depends. Read on…. http://online.wsj.com/news/articles/SB10001424052702304173704579264463292233346?mod=trending_now_1
Why you should not go to see The Wolf of Wall Street
Entertainment is a vital part of our daily lives but sometimes we have to draw the line. The Wolf of Wall Street starring Leonardo Di Caprio is a case in point. The film depicts the sordid life of penny stock broker Jordan Belfort, a two-bit Bernie Madoff for the middle class. While drugs, alcohol…
Why renting may be a better option than buying
The American Dream might not be all it is cracked up to be. Often the costs of owning a home are underestimated when compared to its benefits. If you cannot meet these requirements you probably should not buy a home….. So before you buy, make sure it’s right for you. I meet too many…
Only a Commie would say this according to Wall Street..
Training the Future Warren Buffet’s of the world, my work never ends..
The Stock Market Game™ is pleased to announce that two of your teams placed First and Second in the Middle School division of the Fall 2013 – 10 week session: 1st: NY3_62_ZZ292 2nd: NY3_62_ZZ289 My goal is to get our school banned from the game like the card counters in Las Vegas