The job of a financial analyst is simple: They write reports and issue an investment recommendation to either buy, sell, or hold a stock. To me, that sounds like an exciting job that would pay an honest wage. Unfortunately, a guy by the name of Henry Blodget was exposed for all that is not-so-exciting and dishonest about this trade.
Blodget rose to fame during the dot-com years when he predicted the share price of Amazon, a...
Are you one of the people that get a paper paycheck, even though your employer offers direct deposit? Or maybe you get bills sent to you in the mail requiring you to keep track of due dates, write a check out, dig through the junk drawer to find a stamp, and then drop the payment in the outgoing mail, even though you could be receiving paperless statements and automatic bill payment?
In the past, and we’re talking the 1990’s, most of us were wasting hours of our lives handling our personal...
Today we’re going to geek out in a spreadsheet because I was talking with some friends over at the Motley Fool and mentioned I use a Google spreadsheet to track my stock portfolio.
Here’s an example of what the spreadsheet looks like, and you can scroll to the bottom to download a copy.
I chose to use a Google spreadsheet because it can query Google Finance and pull live market data. This helps me easily identify which...
Those who cannot remember the past are condemned to repeat it. – George Santayana, from Reason In Common Sense
A classic example of the aforementioned quote is Hitler’s invasion of Russia. Napoleon had done it once and Hitler made the same mistake, suffering the same fate. On both occasions, the Russians simply retreated drawing the enemy further and further into Russia in their advance, and then when the Russian winter struck and the invaders found...
I’m always amazed at how many personal finance blogs recommend investing in index funds. There was a recent post at Money Q&A where Hank asked 12 personal finance bloggers where they would recommend an investor put $1,000.
Out of the 12 bloggers one said individual stocks and the rest effectively said an index or mutual fund.
Yes, I think an index fund is better than stuffing money under your mattress, or having inflation eat away at it in a savings account, but a lot of people are missing out...
