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, [...]

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 [...]

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 [...]