Making Sense of Your Investing Options
Here’s an excerpt from the latest edition of Investing in Your 20s and 30s for Dummies, by Eric Tyson, the author of 18 different personal finance books.
So You Think You Can Live on Minimum Wage? Good Luck with That!
Minimum wage might be doable if you live with your parents or a romantic partner. But on your own, it’s really tough — be prepared to make sacrifices.
Logical Fallacies of Many Stock Market Investors
Last week I wrote about how amateur stock picks and even random stock picks have outperformed expert stock picks since January 2012. It is one of the reasons I don't trust the stock market. I realize this is not a popular opinion. Talk to any financial advisor or even your parents or grand parents, and they will tell you that
Do the Right Thing: Pay Your Mortgage
There was a time when a man's word was as good as gold. Fast forward to today when a good amount of people, including one of my favorite personal finance bloggers, don't even feel compelled to pay someone back on a home loan worth hundreds of thousands of dollars. We're talking about mortgages and how some people are walking away
Man Claims Home for $16, Neighbors Are Pissed
It pays to know the law. No, I mean it really pays. A guy found a loophole in Texas law and claimed a $330,000 home by filling out a form and paying $16. I don't even think Warren Buffett can turn $16 into $330k. That's a 2,062,500% return on investment! The bank that owned the mortgage foreclosed on the owner,
Homes Lose Value Just Like Brand New Cars
I am moving into a new apartment in about three weeks. Every year when my apartment lease is up, I have a decision to make: I can renew my lease, I can end my lease and rent a new apartment, or I can end my lease and buy a house. The "American Dream" part of me wants to buy a
