My Money Life

During the years when our economy is booming people invest in the stock market with wild abandon. You can put your money in almost any kind of mutual fund and it will surely grow. Either the value of the mutual fund shares grows, or the fund pays dividends that build your stake, or both. But what happens when the stock market starts descending and keeps going down? Where can you put your money? If you know what a hedge fund is you could try shifting your investments in that direction but investment

Have you ever wondered how you can get a “two for one” deal on your favorite products?  Does that mean the manufacturer and the store are splitting half the normal price (or more) of your items as profit?  Well, it could be but more often than not those two-for-one offers are just used to clear out old inventory.  Retailers have a lot of reasons for offering you coupons and special deals. But other companies offer special deals that sometimes make no sense, too.  For example, suppose you land

Bernie Sanders and Donald Trump have upset the political insiders vying to be our country’s next President.  Suddenly Americans have real choices to consider during the primary season.  Trump strikes me as a self-aggrandizing nutcase.  He is also obviously very prejudiced and poorly informed on many topics. Bernie Sanders is hardly perfect but he offers a breath of fresh air from the Democratic party because he is willing to stick his neck out and tell Americans what he really thinks.  It’s

Whether you rent or own your own home, it’s always important to find ways to cut your costs.  Many people set out on their financial journeys with great budget and investing plans but they don’t realize just how much money they may be throwing away at home because they don’t pay attention to home care costs that can be managed frugally. Let’s take a look at four areas where you can keep costs down and save a lot of money: car care, lawn care, carpet care, and electricity. The Age of the Backyard

Gambling is fun for millions upon millions of people.  I have to admit that I love winning at the blackjack table, although I don’t always do that.  My record on gambling is pretty bad so you may think my advice is biased by my experience.  I grant you that if I were making hundreds of thousands of dollars a year by gambling I would probably think more highly of it, but frankly that could be said about any means of income.  If you lose $3 million a year building and selling houses, should you

Warren Buffett is legendary among investors and business leaders for starting out with a pinball machine and building that up into the world’s most successful holding company.  It took Buffett decades to reach the pinnacle of his success but even when he was in his 20s he won recognition, admiration, and respect from his investors for having a special talent to identify opportunities and make maximum potential growth decisions with them. And so today everyone wants to be Warren Buffett even