Archive for the ‘Business’ Category
Stay the course with investments
Saturday, March 22nd, 2008With the stock market as risky as ever, I saw an interesting piece on CNN today. They showed ROI for 10K for the past decade. They showed the statistic in two different views: one was the value of 10K if you didn’t touch your money while the other was the value of 10K if you missed (more…)
Tips for keeping credit card debt low.
Friday, March 7th, 2008With the APR on credit cards around 18% interest, one can get into a lot of trouble if they rack up too many bills and make only the minimum payment on their card. Although young, I steer clear of using my credit card whenever I can. I follow some simple rules when deciding whether to use a credit card when making a purchase:
- How long (more…)
Properly balancing risk/reward.
Saturday, February 16th, 2008Sorry for being a few days late on this - been extremely busy! Anyways, I recently wrote a post on Project Lifeline and the housing crisis. Many people took the risk of using an ARM for their mortgage and paid…big time. When trying to decide between whether a risk is worth taking, one must look at the entire picture and the decision oftentimes boils down to the simplest of things: common sense. Risk is a sexy word. People like to be (more…)
Project Lifeline overshadows homeowners poor management of funds.
Tuesday, February 12th, 2008Project lifeline was announced today to give homeowners facing foreclosure 30 extra days to resolve their ordeal with their lender in an attempt to prevent the number of foreclosures from piling up to higher totals. This entire housing crunch could have been easily avoided had the homeowners (more…)