Wall St. Bank Stock Recommendations

October 27th, 2009 by andum | Posted in Economy, Investing, Make Money, Stock Market, Wealth Creation, Wealth Preservation

Are you thinking about investing in the major US banks? Zero Hedge put together the above graphic to show the cozy relationship between the major US banks.   Each of the green arrows shows one bank recommending the stock of another bank.   Most of the red arrows come from an analyst at a European bank.   Go to Zero Hedge to read the post and see the graphic in more detail.  What I want to know is how much of each of these bank’s assets include stock in the banks that they are recommending.  I also want to know if they were buyers or sellers after their recommendations came out.  Buying stock solely on the basis of a recommendation is a loser’s strategy.  You should have a basis for the investment (fundamental and/or technical) that you understand and a target price or plan to sell.  This is not a time to buy and hold. Stock downgrades typically come out too late and/or after the institutional stock owners have sold.

10 Year Treasury Note Predicting Stock Market Drop?

August 30th, 2009 by andum | Posted in Make Money, Manage Money, Stock Market, Wealth Creation, Wealth Preservation

Andy Dufresne at Zero Hedge just posted the above chart from StockCharts.com of the 10 Year Treasury Note and S&P index (see his post here). Please note on the chart how the 10 Year (in red) peaks before the market peaks and bottoms before the market bottoms, with a lag of 3 to 4 months. If the 10 Year is now rolling over and the same correlation holds true as the chart shows, the market should bottom in the Fall. The good news is that mortgage rates will drop, since rates are tied to the 10 Year Note.

Look for Opportunities During a Recession

March 25th, 2009 by andum | Posted in Blogging, Customer Service, Make Money, Opportunities

photo credit: philectric

The ongoing economic turmoil and uncertainty has dominated the news.  There is a fear that this recession could be the next depression, that nobody is quite sure of the way out of it and that government actions will have consequences long after the recession is over.  Or maybe you or a family member, friend or neighbor has lost his or her job or is worrying about losing their job.  The objective of this post, though, is to highlight opportunities amongst the bad news.

There is positive news. Some businesses are doing well.  For example, discount stores are doing well as people want to save money on their everyday shopping items.   Liquidation auctioneers are busy, homes are becoming more affordable, bringing in speculators and bicycle sales are likely doing well.

Let’s take a look at some other changes that are underway and see if there are opportunities.

Adversity necessitates creativity. Entrepreneurship and innovation increase during tough times.  Now, the internet allows anyone to start a website and turn a hobby or passion, an interest or even their drive to succeed into a potential source of income, an outlet from the bad news or a source for other people’s benefit.  And, you can now work virtually, for someone across the globe – you are no longer limited to a job that requires commuting.  If you don’t have a website, think about starting one.  Out of work, learn about social networking to help you find a job.  Examples of social networks include LinkedIn, Facebook and forums or community dependent websites that drawer visitors in to discuss topics that interest you.  Have special expertise, writing or graphic design skills, think about becoming a freelancer.  There are many sites on the web that help freelancers find work.

3 Simple Money-Making Ideas

December 12th, 2008 by Matt | Posted in Make Money

In this information age, it seems everyone is looking for simple money-making ideas that he or she can implement from home. While there is certainly no shortage of opportunities out there, there are just as many scams.
Not only that, but many of the legitimate opportunities require more work than the average person is willing to put forth.
In a world literally FILLED with money-making opportunities, it can sometimes seem that there are no legitimate, simple money-making opportunities out there. This is, most definitely, NOT true; yet I have to admit feeling this way in the past.
Never fear. If you are looking for some simple money-making ideas, then today is your lucky day. In this post, I will highlight simple money-making ideas that you can do from the comfort of your own home.
That’s right. Simple money-making ideas DO exist. And many of them are listed below:

1. eHow – eHow is a mature, highly-ranked, and reputable website that will pay you to write how-to articles for them.  This is, by far, the best simple money-making opportunity that I’ve found.  As a member of eHow’s Writer’s Compensation Program, you’ll have the opportunity to build a significant passive income in no time at all.  I’m averaging about $0.20 per article per day.  If I can maintain that pace, a portfolio of one-thousand articles (of similar quality) would be expected to net $73,000 in a year!

3 Reasons to Clean Out Your Closet Immediately

November 25th, 2008 by Matt | Posted in Make Money, Save Money

Let’s get straight to the point. If you’re like me, your closet probably needs an overhaul. Well, mine DID need an overhaul, but I took care of that earlier today. I couldn’t believe some of the things I found in there! There were clothes that I literally hadn’t seen in years, because I had decided, long ago (in a galaxy far, far away), that I simply didn’t like to wear them! It was time, I decided, to do something about this mess. You may ask, “What is the problem with having old, outdated clothes in your closet? Sure, they take up space, but they aren’t hurting anything…?” Well, my answer would be, “That’s exactly what the problem is… they are taking up space–and doing nothing else–serving no other purpose but to take up space.” But that’s not really all there is to it. Check out my 3 reasons to clean out your closet immediately below:

1. To save space. Okay, this one is obvious.  The more crap you clean out of your closet, the more room you’ll have for other stuff.  You’ll have room for new clothes (maybe some that you actually like), new sports equipment, new books, or maybe just more junk that you just can’t let yourself get rid of yet (like that old X-Box that you never play anymore).  Or, better yet, maybe you just want some extra empty space.  After all, clutter contributes to higher stress levels, and nobody likes stress.