Why You Need To Practice Contrarian Investing

warren-buffettContrarian investing is an investment strategy that goes against popular convention. A contrarian investor buys or sells stocks or investments when other investors are doing the opposite.

Contrarian investing is an excellent investment strategy to help you find great stocks at a good value that are out of favor with the general public.

I’m a contrarian investor. And, I think you should be one too!

Famous Contrarian Investors

Contrarian investing is best illustrated by looking at some famous, successful individuals. Warren Buffett is a great example of what a person can achieve if he or she believes in buying when most people are selling and vice versa. Buffett himself has long held that the best advice he can give to any investor is to be patient.

Warren Buffett is famous for saying, “Be fearful when others are greedy, and greedy when others are fearful.” Tweet This!

Patience Is Key To Contrarian Investing

Patience pays off for many contrarian investors. For instance, if an investor buys shares in a company at a very high price when other investors are selling and making a quick profit in the short term, the contrarian knows to hold on the shares.
If the contrarian investor holds on to the shares for another for a long period of time, three or five years for example, that high price will most likely rise.

Of course, all situations are different. In essence, this investor has made much more in terms of ROI or return on investment than his or her counterparts by being patient, thinking in the long term, and being willing to wait for market corrections.

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3-2-1 Baby Back Ribs Recipe On The Smoker

Traeger Smoker GrillI’ve recently bought a Traeger Texas Pellet Grill3-2-1 Baby Back Ribs Recipe On The Smoker to barbecue and smoke meat. This has quickly become my new hobby.

So, I thought that I would document some of my successes….and failures here on Money Q&A as I learn to be a backyard barbecue grill master. I hope you enjoy these couple of recipes and pictures of what I’ve been up to on my off time.

Here is the first recipe that I’ve tried on the Traeger Smoker, 3-2-1 Baby Back Ribs Recipe. They are super easy to make and taste great!

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3-2-1 Baby Back Ribs

Bake The Ribs In Foil For 2 Hours

Transfer the ribs to a rimmed baking sheet and set the temperature to 225 degrees F.

Sprinkle half the brown sugar on the rack, then top with half the honey and half of the remaining apple juice.

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New Survey Shows Millennials Have Little Savings for Retirement

Maybe it’s because this generation makes less money than previous generations did, or maybe it’s because Gen Y burns through cash without saving much of it. But either way, millennials are not prepared long-term. This generation is pushing back the big financial decisions in life like buying a home and establishing a viable retirement plan. A new survey[1] from the Indexed Annuity Leadership Council (IALC) reveals that 15 percent of millennials have less than $25,000 saved. One-in-three millennials say they set aside no money for retirement and 24 percent say they owe more than they have saved. Across all generations, Gen Y is the least prepared, but the most optimistic about the idea of saving for retirement. Most millennials think … Read more

How To Invest In The Dogs Of The Dow

How To Invest In The Dogs Of The Dow

How To Invest In The Dogs Of The DowHow to invest in Dogs of the Dow is simple. Rookies to the stock market know that there are certain people who succeed. They’re the ones with a plan. They have a strategy. That’s where the Dogs of the Dow investing strategy comes in.

People are intimidated by investing in the stock market. They often make it more complicated than it needs to be. The Dogs Of The Dow investing strategy is simple. Anyone could understand it. Yet, it has effectively made money for a lot of people.

How To Invest In The Dogs Of The Dow

Highest Dividend Yield

The Dogs Of The Dow investing strategy is based on the company with the highest dividend yield.

When you’re investing with the Dogs Of The Dow investing strategy, you will be putting your money in the top ten of the dog list, instead of the complete Dow Jones Industrial Average list of 30 companies.

An Equal Amount In Dogs Of The Dow

Instead of putting a larger sum of money in a company that earns the most or has the highest growth rate, you will put in the same amount money in the ten stocks in the Dow Jones with the highest dividend yield. These often are the stocks that have the lowest share price.

Each investment should be equal in each company no matter their rating or the share price of the “dog”. Of course, you should make sure your equal shares are only within the top ten for highest dividend yield.

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Upromise Is The Fast And Easy Way Way To Save For College

Save For College - Upromise Is The Fast And Easy Way

Save For College - Upromise Is The Fast And Easy WayWhen it comes to saving money for college, many students and parents are turning to extra jobs, grants, student loans, and scholarships. But, there’s another way that you can earn money for college. At Upromise, they’ve gone the extra mile and made it easy to save for college.

What Is Upromise?

You can join Upromise for free. That’s right, absolutely free of charge.

Once you’ve become a member you can begin shopping on the Upromise website through featured shopping partners. These are merchants that you are already shopping with, but by buying things through the Upromise website, you can earn money for your children’s college education.

You earn cash back by shopping online, going out to eat, registering your store (both drug store and grocery store) loyalty cards, booking travel arrangements, and other shopping tasks and experiences.

You can also apply for the Upromise Master Card to help you earn money for college even faster. For each purchase, you’ll be earning cash back on your card. When you have earned cash back, you have three ways that you can use this money.

Save For College Using Upromise

The first way that you can use your savings from Upromise for college expenses is to put it into a college fund for your child or children.

The second way is to pay down a student loan with the money that has accumulated in your Upromise account. And, the third way is to get your cash back returned to you via a check.

If you choose to open a college savings plan, you can set it up to directly deposit your cash back into this fund. This fund is ran through a Sallie Mae High Yield savings account.

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The Benefits Of A Home Warranty Plan

If you do not have a home warranty, then you may want to consider getting one. Whether you are selling your home, renting it as a landlord, or living in it yourself, there are quite a few benefits of a home warranty that you can take advantage of using. Your Home Will Be Preferred By Buyers If you want to make your home a preferred home to potential buyers, then you will want to have a home warranty plan on your home to help you attract buyers. When you have a home warranty, then the chances are there will be more potential buyers interested in buying your home. A Gallup Poll revealed that 8 out of 10 buyers actually prefer to purchase a … Read more