Are Penny Stocks Risky?

Ah penny stocks, the quick way to riches. This sounds like the Saturday morning infomercial with coffee and eggs; invest in penny stocks and make millions! Sign up for trading for free today! Now, is this all true? Not by a long shot, and I’m not saying to never invest in a small cap company. […]

Is Savings the Way to Grow Your Wealth? You Would Be Surprised

Most personal finance blogs will tell you that savings is the most important factor in becoming wealthy, which is true right, if you don’t save; you simply cannot increase your net worth, which is a lose/lose situation. However, is savings the answer to abundant wealth? Lets take a look at what saving over a lifetime […]

Alternative Investments: Still the Road to Riches?

Private equity, venture capital, and hedge funds have been the rave lately. I check the WSJ and every day there seems to be a new investor that has made millions. However, does it make sense for the average investor to dabble in these potentially risky, yet also potentially very profitable investments?     Some definitions: […]

How to Become Wealthy

How to Define Wealth Before discussing how to become wealthy it might make sense to discuss what the definition of wealthy really is. Is it 2 million in the bank? A salary of 1 million per year? In my opinion being wealthy is having enough money to allow yourself to never have to work again […]

Trading and Term Literacy, Are CFD and Forex Trades Good For Small Investors?

 Is Trading the Way to Riches? As an intro lets discuss whether trading stocks, futures, commodities, bonds etc. are in general a great way to become rick. The simple answer is no. Although it is true that some people have been able to make millions and even billions of dollars in the trading world, many […]

The Intelligent Investor: The Best Book In the World

The Intelligent Investor is by far the most well respected investment philosophy book in modern history. The author Benjamin Graham was a world renowned investor and mentor to Warren Buffett, who is well-known in modern times as the world’s most successful investor. Warren Buffett has publicly stated that much of what he bases his investment […]