Do you have money troubles? I can remember being over my head in credit card debt after college. I ended up burying my head in the sand so I wouldn’t have to deal with it too. You have to work on your finances every day. How often do you think about your finances? Or, do you stick your head in the sand and just continue spending money you don’t have? How often do you think about your budget or tweak it? Do you follow the news of companies you own stock in? Do you know what the mutual fund managers of your funds are doing or … [Read more...] about You Should Work On Your Finances Every Day
For those of you living under a rock, the Dow Jones Industry Average lost over 500 points yesterday in a massive sell off. But, do you know what I’m doing with my money and investments? Absolutely nothing! I have a financial plan, and I am sticking to it. Having a financial plan helps you whether the storm and gives you the confidence you need to stay the course. Now is not the time to be selling your investments. Just like the recession that rocked the stock market in 2008, selling in a down market when you do not need your investing proceeds … [Read more...] about Three Reason You Should Have A Financial Plan
Send me your money questions about personal finance, investing, retirement, etc. If I pick your question and answer it here on the blog, I'll send you a free copy of Dave Ramsey's book, "The Total Money Makeover". Got Money Questions? Do you have a money question that you would love for us to tackle in our weekly blog post series “Reader’s Question”? Email us your money questions to Questions@MoneyQandA.com. If we pick your question to be featured, then we will mail you a free copy of Dave Ramsey’s book, “The Total Money Makeover” as a way of … [Read more...] about Send Me Your Money Questions for a Free Book
Many investors are drawn to buy penny stocks because they believe they have the potential of obtaining a sizable gain on their investment. Therefore, the term, penny stock, is often synonymous with a micro cap stock. Micro cap stocks are those stocks with a market capitalization which is the total market value of a company’s shares that are outstanding of $50 million to $300 million. Companies with market capitalizations of $50 million or less are very risky and are classified as nano caps. Cap is short for capitalization. Some investors … [Read more...] about Resist The Temptation To Buy Penny Stocks
A stock split is a tactical decision and action made by any publicly traded company’s board of directors that increases the number of existing shares by splitting or dividing the shares into more shares. What Is A Stock Split? At first glance, it is a positive thing to investors and stock shareholders since their number of shares owned will increase. But, in reality, a stock split is not a value adding event. It doesn’t detract the value either. A stock split is just an accounting sleight of hand that increases the number of shares while … [Read more...] about What Is A Stock Split? And Should You Trade Before One?
A balance sheet of a company is where records of how much money the company has, how much debt it owes, and what is the remaining amount for the stock holders. It is a financial statement which lets investors know where the company stands with its financial accounts. If you want to keep track of how well the company you have invested in is doing and if they are in good status, you might want to check out the balance sheets of those companies. How Balance Sheets Are Constructed But if you are new to looking at these things, it is important … [Read more...] about Why Do Companies Carry So Much Cash On Their Balance Sheets?