Archives for July 2012

Midweek Infographic – Attack Of The Debt Monkey

I previously posted about the number of Americans in debt. There are far too many people who carry over balances each month whether it be credit cards, personal loans or student loans. Not only do American citizens borrow far too much, but the government also spends at an uncontrollable rate. Today’s infographic takes a look at how […]

8 Ways To Earn Income When Interest Rates Suck

If you have any cash sitting in an account collecting interest, you’re well aware of the dismal rate of return that you’re earning. Don’t blame the banks though – they must invest in fairly low risk securities to keep your money safe. If they are not earning much, they will not pay you much. Income […]

The State of Social Security – Midweek Infographic

In the last couple of years, several Ponzi schemes have graced the front pages of newspapers and magazines. Bernie Madoff managed to make billions disappear, a few months ago a Chicago commodities trader was convicted of the same and just two weeks ago, $200 million went missing from another firm. The state of the fudiciary […]

Understanding Options (part 3) – Debit and Credit Spreads

This is part three of a multipart series designed to teach you about options and how to trade them.  Previously, I discussed the basics of options and buying puts and calls. This time, we will combine options into what are known as spreads, in an attempt to profit from various stock movement scenarios. First off, […]

Student Loan Debt – Midweek Infographic

We’re all told that a college education is an invaluable commodity and a necessity in today’s world. Because of this, people are willing to pay almost anything for a degree. However, at the current cost, is it worth the value that people place on it? Bill gates didn’t graduate from college and neither did Mark […]

Using HARP To Refinance

Currently, 45% of all homeowners contain less than 20% equity in their homes. What’s even worse is that almost 30% have less than 5% equity. That’s not surprising considering the extent at which housing prices have dropped over the last few years. With less than 20% equity, how are you supposed to take advantage of […]

Should You Buy A House This Year – Midweek Infographic

In 2008, The Case-Shiller home price index reported the largest price drop in its history due to a combination of foreclosures, subprime mortgages, housing speculation, CDOs and a dozen other factors. Whether you were a home owner then, since then or you’re still renting, the diminishing housing prices have affected you in some way. The population is […]

Financial Calculators Can Now Be Found Here

My objective when launching this site was to create a valuable resource for people in need of financial information. One goal in particular was to launch several, easy to use calculators to help people make tough economic decisions. Today, I’m happy to say that the calculator portion of the site is up and fully functional. […]