Stock market went down to rock bottom last October, banks and insurance companies failed, investors lose huge amount of money, and followed by raise of unemployment rate. Government gave out hundreds billions dollar tax payers’ money in the form of bailout just to keep the economy afloat. More than a year later, economy is almost back to positive, from the look of it. However, one must not deny it is getting more risky to get into the market nowadays, consider the stock market has rallied beyond the economy fundamental (In my opinion) when unemployment rate is still high and many companies are still losing money. Any negative news will send the stock market into a major correction. As stock investor, it is important for us to learn what are the major mistakes we could possibly make thus to avoid [...]
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When it comes to credit card and debt, the most common advice one will hear is; pay off debt, cut half the credit card and send it back to the bank. For those who have accumulated mountain of credit card debt, this advice is the most relevant. These people fear of credit card because they [...] Have you read How Not To Become Millionaire? The moment Johnny chose to enroll into the private university, he has been placed onto high roller of debt and consumption. The average tuition fee of private universities is few times higher than those of public university. His peers, most of them are from rich and wealthy families [...] |
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