The 5 Steps to Buying Your Happiness in Recessionary Times

President Harry S. Truman once said; “Recession is when a neighbor loses his job. Depression is when you lose yours.” While you may not have lost your job, more than likely, there’s a good chance you have lost a lot of money in your portfolio and are probably wondering what to do. It doesn’t matter [...]

When Buy and Hold Fails: From Scrambled Nest Eggs to Starting Over Easy

Perhaps buying and holding as an investment strategy isn’t feeling so good lately. Perhaps you’ve heard, eggs do have lots of cholesterol and eating too many of them can be bad for your heart. If you are one of those who have been relying solely on the conventional wisdom that buying and holding will turn [...]

Nonprofit Recession Survival Guide to Getting Donations

First the markets, then Madoff, now the Obama administration is proposing reductions in the charitable tax deduction for your biggest donors. What else could possibly go wrong? Oh yeah, I forgot to mention the snow day and nobody came to work. One thing is for certain; raising funds in the current environment is much more [...]

Tune In To Hear Me Interviewed On The “E-Factor”- Tuesday, March 18th, Noon Eastern Time

I’m about to be interviewed on the E-Factor. I invite you to listen in and be part of it! The date will be next Tuesday, March 18th, at noon, Eastern Time (11:00 AM Central, 10:00 AM Mountain, 9:00 AM Pacific). Read below to find out more.
E-Factor is the popular bi-weekly, 60-minute conference call show, which explores the [...]

Want the Secrets About Money They Don’t Teach In School? « Richie Richer’s Guide To Everything Money (and more…)

Financial Planning, Meet Philosophy
Several years ago, I took an interesting philosophy course. The instructor suggested that in order to become “wise”, we needed to embrace some critical concepts. I’ll call this concepts “The Circles of Knowledge”. The main points go something like this:

There are things you know you know- I know I know that the earth [...]

What is your take on the current real estate market? Is it a good time to buy REIT, builders, personal housing, etc?

I think it’s important to preface by saying that there are a number of ways to buy into these kinds of investments. In recent years, more and more investment firms have developed investment products to allow investors to invest in specific sectors of the economy (including the ones mentioned). Some of these include mutual funds, [...]