What is it that gets you excited about investing? Is it the opportunity to make a quick buck, the thought of taking advantage of compound interest in order to retire rich, or maybe the feeling of owning part of a great American company?
Unfortunately, often people get excited about investing their money by the dreaming big. [...]
To Achieve… To Succeeed…
Millionaire Money Habits
Currently browsing posts found in May2008
Financial Questions to Avoid Before Investing
Recommended Readings for 5-11-08
Here is a list of some of the best articles from my favorite personal finance websites. Spend some time digging through the Millionaire Money Habits archives and the links below to improve your financial literacy and learn how to become a millionaire.
Spotlight: Are you frugal, or just a cheapskate? Find out by taking Moolanomy’s Frugal [...]
Is Frugal a Bad Word?
I remember the first time I heard somebody use the word “frugal.” I didn’t know exactly what it meant, but by the way it was used I was certain it was a derogatory term and that frugal living was a bad thing.
Eventually I figured out what frugal living meant, but for many years I still [...]
Paying Too Much for Mutual Funds?
Mutual funds are a great way to invest in the market. Pick a couple mutual funds appropriately, and you have instant diversification and no investing skills or regular maintenance that is needed from your end.
About No Load Mutual Funds
Mutual funds don’t come without some expenses, and the ones you currently invest in can be eating [...]
0 Credit Card and Gas Credit Card Offers
J.P. Morgan Chase Credit Cards have become a leading provider of innovative and flexible credit cards with attractive rewards programs for consumers. For instance, they offer 0 credit card, and gas credit card that earn you a 10% rebate when you purchase gas from BP. The Platinum card offers a 0% APR for the first [...]
Online Savings Account Pros and Cons
An online savings account can make give you more bang for your buck on your money that is just sitting dormant. But what are the pros and cons of an online savings account?
Pros:
Higher Yield: You will receive a higher yield on your money. In other words, online savings accounts pay you more interest. HSBC currently [...]
Recommended Readings for 5-5-08
Here is a list of some of the best articles from my favorite personal finance websites. To kick start your week, spend some time digging through the Millionaire Money Habits archives and the links below to improve your financial literacy and increase your net worth.
Spotlight: Congrats to J.D. at Get Rich Slowly for being picked [...]
Investing in a Recession
Regardless if the U.S. is entering (or already has) a recession, there’s no question we’re facing some tough economic times. As a result, people are saving more, corporate profits are lower and the near-term future is bleak. This all translates to a declining, volatile stock market.
It’s more important than ever during these times to not [...]