What to Do If You Win t...

I have admitted it before and I will admit it again – occasionally, I play the lottery. Not with any real expectation of winning, of course, but just for the fun of it and the “what if” tease that comes when some of my numbers pop up. But even though we all dream of...

What Are High-Yield Jun...

If you’ve heard the term “junk bonds” before, you might think that they are worthless. But the proper term for “junk” in this sense is “high-yield” and they are not necessarily a bad investment. Investing is all about risk and return. High-yield...

The Best Spending Decis...

Sound Mind Investing author Matthew Pryor talks about the best spending decision he and his wife ever made . He begins with this story about how banks were dealing with them when they were looking to buy a house: Lenders were asking, “How much house can you afford?” with the...

How to Deal with Market...

Sound Mind Investing gives suggestions for handling stock market turbulence as follows: Remember that market down turns, while unpleasant, are a normal part of investing in stocks. Understand that even severe bear markets aren’t insurmountable obstacles for long-term investors....

Stock Market Timing Str...

Some analysts claim that they are able to time the stock market and only invest during bull markets. The premise is simple: Buy stocks when the aggregate market is climbing and sell at the onset of a bear market. In theory, you can maximize gains and virtually eliminate losses. But is...

How to Start & Buil...

Five days before Christmas last year, the downstairs area of my house flooded with groundwater. While the experience wasn’t fun, we were fortunate in that it wasn’t a budget disaster. Many of our neighbors asked us how we were we able to handle the $2,300 in costs that came...

8 Issues with Buying Re...

Do you dream of owning property? Perhaps multiple investment properties from which to earn a monthly stream of income? Ah, the life… But before you contact your real estate agent, consider what’s really involved. If you want to create an income immediately, you’ll need...

9 Effects of the Recess...

During any recession, news stories about unemployment figures take center stage while the families dealing with the recession suffer, often quietly. People work hard just to stay afloat in hopes that the economy will turn around soon, but often to no avail. While many families do their...

What Is a Coverdell Edu...

Given the alarming rate at which universities are increasing their tuition, saving for your child’s college education can seem like a daunting task. But believe it or not, it’s almost more important when you start saving as opposed to how much. So don’t delay....

Is Buying Gold a Good I...

Historically, gold has played a major role in the economies of many nations. Although it is no longer a primary form of currency, gold is still a solid, long-term investment and may be a valuable portfolio addition, particularly in a bear market. Gold was considered a universal currency...