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Moneymonk
This blog is a list of ideas and thoughts that Moneymonk suggests about finances.
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Posted on Wednesday July 23, 2008 at 04:35 PM
from Marketwatch -- Great investors are made, not born. They often have to learn from experience. Invest in businesses, not in stock. Don't spend too much time pouring over the stock pages or obsessing over stock-price movements. What you should be focused on is the business fundamentals behind the stock price. Put some time into researching a company's strengths and weaknesses, how competitive it...
Posted on Tuesday July 22, 2008 at 10:07 AM
Ok now I know everyone wants the good life. The ability to pay bills, save and invest and also splurge when possible.But at what price are you willing to pay for it? People yearn to move to better and safer neighborhoods and they tend to make foolish decisions Why not rent an apartment in a safe neighborhood, rather than buying a house.People jump to big things quickly, the so-called buy in haste,...
Posted on Monday July 21, 2008 at 10:15 AM
Warren Buffett has some advice for young people, like college students, who want to remain financially independent. It's not new and its not a surprise, but it is solid counsel on avoiding a very common money pitfall, and worth repeating:"The biggest suggestion I have is to avoid credit cards. Interest rates are very high on credit cards. Sometimes they are 18 percent. Sometimes they are 20 percent...
Posted on Friday July 18, 2008 at 10:57 AM
"The best things in life are free, the second best are really expensive."CoCo Chanel...
Posted on Thursday July 17, 2008 at 10:43 AM
The bigger the house, the bigger the monthly mortgage payment. The newer the cars , the more likely they are leased or charge for many years. No worker is immune to termination in a bad economy. The more they owe the harder they fall. A full cabin is better than an empty castle source: Get Rich Slow, Tara McAleese, CFPI remember when I went to my in laws house a couple of years back. They gave a ba...
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