Category Archives: Investments

How do the Morningstar Star Ratings Work? Are Morningstar Ratings Accurate?

How do the Morningstar Star Ratings Work? Are Morningstar Ratings Accurate?

I have discussed how I use the Free Morningstar Instant X-Ray tool, but Morningstar is more known for its mutual fund rating system.  Who hasn’t heard the terms, “5 Star Fund, 4 Star Fund, etc.” but what does that actually mean? How does Morningstar calculate the Star Rating System? Russel Kinnel, Morningstar’s Director of MutualContinue Reading

WSJ Teaches YOU how to Become A Billionaire; Hint: Ignore All “Normal” Advice

WSJ Teaches YOU how to Become A Billionaire; Hint: Ignore All “Normal” Advice

Gregory Zuckerman wrote an Article in the WSJ titled, “Greatest Trade: How Can you Make $20 Billion” which provides 8 easy steps to become a Billionaire.  Where did these steps come? Mr. Zuckerman follows two years of John Paulson’s work. The article is entertaining, but I’d love to read an autobiography if ever produces itContinue Reading

Sweet Prosper is Back!

Being that I am in debt elimination mode I haven’t talked about my investments that much.  But on February 15, 2007, I was intrigued by the idea of Prosper and have since built a very very small portfolio. As the P2P Lending market grew so did the competition and Prosper and LendingClub both went intoContinue Reading

Financial Loss Syndrome Doesn’t Just Affect the Wealthy

Financial Loss Syndrome Doesn’t Just Affect the Wealthy

I was reading the June Edition of Trusts and Estates Magazine, my favorite magazine, and found a very interesting article which is aimed at advisors and attorneys for very wealthy individuals; however it applicable to everyone during these turmoil times.  Trusts and Estates Magazine is an industry standard for those in estate planning – eachContinue Reading