There is a right way and a wrong way to begin investing in stocks. But sometimes new investors have to learn the hard way. A coworker recently talked to me about investing in stocks for the first time. He was proud of himself for finally taking the plunge into the market to buy a few shares. And, then I asked him what he had bought. He said that he had bought a couple of shares of Ford Motor Company (Stock Symbol: F). He also bought a few shares of some other well-known blue chip stocks like General Electric, Dow Chemical, Walt Disney, … [Read more...] about You’re Wasting Money Investing in Stocks
I normally do not write much about my personal life here on Money Q&A. A part of me thinks that you really don't care about it, and I don't really blame you. I’m not one to tell you how I overcame a mountain of credit card debt after college like everyone else or bore you with tweets about what I had for breakfast this morning.
There are tons of other great personal finance blogs out there where you can follow the saga of people and their lives. I'm just not that into it, and you don't see much of it here. But, I thought that I would … [Read more...] about
My wife may shoot me when I say this because I have a history of buying the latest technological gadget, but buy back insurance is a waste of money in most cases. I am a gadget fiend. I love gadgets. I own a lot of them. But, I hate wasting money even more than I love gadgets. And, buy back insurance is a waste of money like buying an extended warranty. What Is Buy Back Insurance? Recently retailers have been offering buy back insurance plans which will guarantee a consumer a certain amount of money if they choose to sell their old … [Read more...] about Buy Back Insurance for Electronics Is a Waste of Money