“Spend It or Loose It; No Money For You!” says Uncle Sam
With the engine of our economy slowly coming to a halt, the new buzz phrase that’s been flying around capital hill is “economic stimulus package”. I think that finding ways to spur economic growth and slow the run away train of recession is a great idea, however I don’t think that a spending spree is [...]
Forget the Lottery, Give Me A CEO Job
How many times have you heard someone say, “If only I could win the lottery.” I’ve often found myself dreaming about how great it would be to hit a massive lottery jackpot. Countless times with friends and family we’ve played out the scenario of who gets money and what we’d buy. Recently all [...]
Are Pro Football and Pro Baseball Next To Fail?
Two of my greatest passions in life are finance and sports. Both present great competition, winning and losing, physical and mental strength, and finally a ton of fun. Recently it seems that there has been a lot more losses occurring in the financial world then wins and I hope that it doesn’t have a trickle [...]
Warren Says It’s Time To Buy, Right or Wrong?
What a whirlwind roller coaster the last couple of weeks have been in our economy. We’ve basically seen a free fall of our stock market, a complete lack of confidence within the banking system, and our government playing janitor cleaning up the mess. Home prices continue to fall, consumer and business credit is frozen, and [...]
We Have No Right To Money
For the last 5 years or so it’s been extremely easy for people and business to access capital from lending institutions. How many times have you seen advertisements for credit cards, bank loans, and 0% no payment financing in the last 12 months. I’d venture to say that you’ve seen it 10 times a day, [...]
Living Beyond Our Means or Simply Living?
Lately I’ve been hearing lots of conversations about how people in our country are living well beyond their means. Often times the root of all our financial problems are resolved in a matter of minutes; blame it on the people who are addicted to buying and have no idea how to save. I’ve often wondered [...]
Stop Your Home Values Freefall
Home values have fallen dramatically and they continue to slide further and further south. If you own a home, there is no doubt that you’ve felt this drop in equity. One of the biggest reasons for the massive decline in home values is due to record levels of foreclosures. Until the foreclosure problem is solved, [...]
3 Reason Why $5 Gas Is A Good Thing
I know what you’re thinking. How on earth could paying $5 dollars a gallon for gas be good for me? If you’re like me, you probably get a sick feeling in your stomach each time you see the gas gauge on your car, truck, or SUV fall dangerously close to that horrifying “E” line. The [...]
Please Pass The Confidence Bailout
We’ve all heard the phrase “financial bailout” repeated over and over again for the past month; in fact more times then we all probably care to remember. Perhaps it’s time to coin a new phrase that better describes the real challenges we are currently facing. Despite all of the financial turmoil, stock market decline, and [...]
The Financial Referees Never Left the Locker Room
Typically I’m the last one to say that we need more Government intervention, however there seems to be a real lack of oversight within the financial sector. I’m all for free markets and capitalism, believing that markets will self regulate themselves, but at what point do you step back and say we need a referee?
Besides [...]
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