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
The worst thing that you can do in a global financial crisis is not sticking to your plan. In 2008, we saw far too many people pull their investments out of the stock market during the recession at the lowest points. This will lead you to selling stocks and mutual funds when prices are low and having to repurchase your investments when times are better and ultimately prices are higher. The best thing you can do is to continue on your financial plan that you established. Worst Things You Can Do In Global Financial Crisis A Declining … [Read more...] about Global Financial Crisis – The Worst Thing You Can Do
Far too many people do not have enough home insurance to rebuild their homes completely if they are destroyed or severely damaged. Many people forget to factor in inflation when they are faced with the possibility of having to completely rebuild their homes after a natural disaster or fire. This is a particularly devastating hazard for someone who purchased their home many years ago. Your home insurance should cover the cost to rebuild your house at today’s market prices for materials and labor. Many homes that were built several years ago … [Read more...] about You Need Enough Insurance to Rebuild Completely After a Claim
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
Have you ever noticed that every kid on the playground always wants to go up the slide backwards? I think that is in our human nature to want to go against the grain like that. I think that it adds helps to instill our rebel mentality that helps make us uniquely American even at such a young age.
But, are you fighting the same uphill battle against the grain with your finances as well? Many of us are.We are on a cycle of debt, living paycheck to paycheck, and often do not know how to get off the hamster wheel that makes up our lives.
It … [Read more...] about
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?