Category Archives: Investments

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 it… Continue Reading

My Journey to Millions Reallocates his 401(k) After Analyzing his Portfolio

My Journey to Millions Reallocates his 401(k) After Analyzing his Portfolio

Last week I reviewed Morningstar’s Free X-Ray Tool using my own 401(k).  I believe that most people should leave their retirement accounts alone, both in terms of invading it and asset allocation within the account.  I personally take a very balanced, hands off approach to my 401(k), choosing to look at my 401(k), as I… Continue Reading

Using Morningstar’s FREE Instant X-Ray Tool to Evaluate your Portfolio

Using Morningstar’s FREE Instant X-Ray Tool to Evaluate your Portfolio

Despite having my Series 6 and 63, I am not an investment expert, by any means, nor do I pretend to be.  Luckily, there are free tools out there for people like me to allow me (and maybe you lol) to analyze your portfolio and investments. I personally use Morningstar X-Ray Tool What is Morningstar?… Continue 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 into… Continue 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 – each… Continue Reading

How to Easily Evaluate your Asset Allocation with Morningstar Instant X-Ray Tool

How to Easily Evaluate your Asset Allocation with Morningstar Instant X-Ray Tool

Despite my licenses, I am not an not an investment expert, and I don’t begin to pretend to be one.  That being said everyone should know their asset allocation, and have an elementary understanding of asset allocation.  I repeat, everyone should have an idea as to what they are invested in, whether they have an… Continue Reading