There I was. 21 years old. $24,000 in debt. I thought it was normal. I thought everyone had car payments. I thought debt was the only way of life. The American way. I also couldn't sleep at night, because I was so stressed. I had no plan for an emergency, other than to go into more credit card debt. That's when I got angry. A good motivating, driving anger. An anger … [Read more...] about 75 Must-Read Books on Personal Finance: The Ultimate Money List
This guest post is from Tony at Trading Slugger. This article contains the opinions of Tony and Tony has some great investing advice. There may be one or two minor points that we differ on, but I want you to have his perspective. I know you will get value out of this article! Enjoy... Investing is not a science: it is not possible to put your portfolio on autopilot and just … [Read more...] about 4 Common Mistakes That Investors Make
Do you invest in mutual funds? They are a great way to diversify your money across a spectrum of companies and industries. But what kind of funds should you be investing in? There are actively managed funds and passively managed funds. Which one is better? The bottom line is this: Which type of fund will earn you a greater return on your investment? Let's … [Read more...] about The Myth of the Successful Money Manager [infographic]
Have you ever consistently watched the price of a stock? You probably noticed that the price changed everyday. It may have went up one day, down the next and back up the following day. That's typical for any stock. But what causes a stock price to change so often? It's simple, all kinds of things... What We Don't Know So, why does a stock price change? The … [Read more...] about What Causes the Price of a Stock to Rise or Fall?
In 1982, when Forbes began ranking the richest people in the world, the qualification to be listed was only $75 million. At that time, there were 13 billionaires on the list. Today there are over 1,400 billionaires around the world. From the stock market to businesses to commodities, they are all involved in some form of investing. Here are some investing lessons we … [Read more...] about 5 Priceless Investing Lessons From 6 Influential Billionaires