The Benefits of Short-Term Borrowing

It’s a fact of life that we all make mistakes. To go through life without making mistakes is to not have taken any risks or chances, of which is a fundamental part of being human. However, it must be said that some risks have long term consequences that we do not foreseen at the timeContinue Reading

Google Reader is Going Away

A lot of readers receive my posts using Google Reader.  Well on July 1st the service will be shut down.  Please make sure to transfer your RSS feeds.  I like The Old Reader but a lot of people have moved over to Feedly. The easiest way is just to get all my wisdom via email:Continue Reading

Actual Results of my First Time Betting Against a Company

Back in January I discussed that I was jumping in with the bears on a particular stock and actually betting that a company would be worth less than what it was at a future date.  In that post I discuss the difference between the two main options I knew about when trying to profit offContinue Reading

Waving the White Flag on Actively Trading my Traditional IRA

About a year ago I decided to put some money towards an investment idea I had been thinking about for years.  I was going to buy stocks for the sole purpose of selling covered calls on them.  My thought process was simple enough: Buy equities that were near option call levels Sell a covered callContinue Reading

Can’t Believe How Much My Financial Life Has Changed

I had the sudden urge to go through my ever growing mail pile on my kitchen table (that urge may or may not have been nurtured by The Wife).  In that pile were 3 credit cards I had to activate due to the old ones being expired.  Currently, The Wife and I only use 2Continue Reading

First Thing You Need to Understand When You Want to Open ANY Business…

I was talking to a colleague the other day who happened to open up a restaurant when he reminded me of the most important thing to understand and know before you start ANY business.  It wasn’t the point of the conversation, but it came out pretty quickly.  I know it will sound trivial and rudimentary,Continue Reading