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How to Get Out of a Bad Trade
Professional traders say they feel good about their performance if their success rate is anything above 50%. Imagine that success rate in other professions. What if your doctor was only right 50% of the time? What if an architect charged with building a new bridge only had a 50% success rate? Seems a little scary, doesn’t it? It is, but even with that low success rate it’s still possible... [Read more]
Seven Ways to Spend Less on Gas in 2012
According to CNBC, the average American household spent $4,155 filling up their gas tanks this year. That is 8.4% of the annual median household income, the highest percentage since 1981. If you’re hoping for some reprieve in 2012, don’t bank on it. In 2011, gas has seen an average price of $3.50 per gallon and experts are forecasting an average price of $3.53 per gallon in 2012. If you can’t... [Read more]
Here’s Why You Should Think Twice Before Borrowing from your 401(k)
It’s a secret that is probably best kept that way. Depending on the specific plan that your employer sets up, you may be able to loan yourself money from your 401(k). There are advantages to doing this under the right circumstances but like any financial choice, there are some hidden problems with loaning money to yourself and those negatives can add up to cost you a lot of money. Let’s take a... [Read more]
How to Save Money When Things Are Getting More Expensive
With the cost of goods and services continually on the rise, consumers must look for creative ways to reduce their expenses without interrupting the quality of their lives. Little things can make the difference, allowing consumers to remain within their budgets regardless of increasing prices. Car Expenses When purchasing gasoline you should always opt for the lowest octane gas unless your vehicle... [Read more]
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