I have written about using the debt snowball to cut your debt and I have written about using social lending to make money like a bank. Today we are going to combine the snowball idea with social lending to show you how I have been making money and reinvesting to make money.
After the recent, highly publicized crash of the Costa Condordia, people around the world are looking hard at the cruise vacation industry. While everyone is focusing on the problems today, it might be a good place for you to invest for tomorrow.
Someone recently asked me how to get started investing in gold. Like silver, platinum, and other precious metals, investing in gold can be very lucrative if done correctly.
When looking at company financial statements, most of the items are self-explanatory. Almost everyone can easily explain revenue, expenses, assets, and liabilities. However, some of the line items are not as clear. Someone recently asked me about goodwill on the balance sheet. It is an important line to understand when looking at a balance sheet.
A new finance tool, the Five Minute Retirement Plan, does what the name implies. In only a couple of minutes, the site will create a customized retirement plan based on your age, current assets, and ability to invest in the future.
If you are in your 20s and your parents are near retirement, do you think you should have different investment strategies?
