Personal Finance – America’s ripoff’s and rawest deals around

Text Messaging — 6,500% Markup
Text messages are short, quick and cheap to transmit. So why are they adding so much to your wireless bill?
The messages are such a tiny piece of data that they cost carriers only about one-third of a cent to deliver, according to computer scientist Srinivasan Keshav, who testified before United States [...]

Investing – How Mutual Funds Work

So how do mutual funds work? Each fund is actively managed by a mutual funds professional. This is someone who has several years of experience analyzing and trading stocks or other securities. Also they probably have an advanced degree and have worked his or her way up the ladder to what is essentially the top [...]

Harvard’s Stunning Financial Mistakes

Harvard University has released its annual financial report and it is a dozy.

In reading the report, here is what I found shocking: The braniacs at Harvard decided to ignore one of the chief tenets of personal finance: Don’t invest money that you can’t afford to lose.
The school decided not to safeguard a large portion [...]

Investing for the recovery

The investment climate in the next 12 months will be better than it has been since the start of the credit crisis last year. Of course, that’s a bit like saying the dishes won’t rattle as much now that the earthquake is over.
One year ago, the credit markets were nearly collapsing, the stock market was [...]

Strategies for a slow-go market

Chances are, your 401(k) is looking a lot healthier these days, now that stocks have soared more than 40% in just the past six months. But don’t get too used to investing in the fast lane.
While no one knows for certain how equities will behave going forward, the odds are good that Wall Street’s torrid [...]

Preserve your assets for retirement

You work hard throughout your life and save so one day you can retire. When you enter that state of retirement, you might think you’re done worrying about your money and savings.
The truth is the hard work is just beginning. You need a plan to make to be sure you are spending and investing in [...]

Investing in the ‘new normal’

Money manager Ron Muhlenkamp gets a lot of credit for his bold, macro-driven investing style, and he deserves it: His namesake fund has returned 9% annually over the last 15 years, 2% better than the S&P 500.
Last year, however, his portfolio took a heavy blow: The Muhlenkamp Fund (MUHLX), which owned holdings in the insurance [...]

Forex Philosophies

For someone who is new in the foreign exchange industry, investment strategies may come in as something difficult Without knowing some of the most valuable viable strategies in forex, it is likely to lose a lot of money in the process of investing. This is not the kind of information you will find in stock [...]

Make a retirement plan your first interest

It’s easy to put off your savings plan for retirement or anything else for that matter. If you have any interest in becoming more financially secure for the future, it will take time and good savings habits. Put off saving too long and you may have to work longer before you can afford to retire, [...]

IS IT WISE TO WAIT FOR CORRECTIONS TO INVEST?

When the Sensex level was at 10000 the first week of January, a high net worth investor I knew said “These are excellent levels to buy and I will start buying if the markets were to go at 9000”. At 9000, he said I will buy at 8000. When the Sensex touched 8000 in March, [...]

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