199: How to Acquire the Ultimate Asset: Happiness

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“Be careful what you wish for, lest it come true!” The origin of this saying is Aesop’s Fables (circa 260 BC), not a modern country singer as some might think. Either way, it is a powerful statement when it comes to financial wealth.  You see, I talk to hard working, high paid professionals every day […]

What are penny stocks?

What are penny stocks anyway? You always here about them but does anyone actually invest in them? Well, some do and do quite well. However, it is a very specialized area of investing and should be approached cautiously. Here’s a basic run down of how they work. Investing in penny stocks is an option many […]

What is a hedge fund?

You hear about hedge funds all the time, but what is a hedge fund? If you watch the news or read about current events online, you might have a negative association with the term ‘hedge fund’. In recent years, there have been some major financial disasters related to hedge funds, and more specifically hedge fund […]

What is the foreign exchange market (Forex)?

So what is the foreign exchange market (FOREX) anyway? It’s something I’ve never really tried myself, but it’s a really interesting concept and might be fun to try out if you like the game. Also, there are a whole bunch of automated forex robots that many people claim work. We might even try one out […]

Cut Years Off Your Mortgage With 2 Easy Tricks!

I want to share some some little known facts that can literally cut years off your mortgage. So, my dad is a real estate guy–meaning he owns or has mortgages on cash flowing real estate and lives on the passive income that it generates. He told me about a few little tricks when it came […]

Let the Government Buy Your SUV This Year

So I had a back and forth with Pat Flynn over twitter on this topic recently so I thought I’d share the details with you all. The content here is courtesy of Russ Wilson at Porte Brown who I asked to give me a more clear version of these provisions than I could offer.  Russ is part […]

Basic Finance Bootcamp Lesson 10: Introduction to 401Ks

This is the last of the official PoorDoctor.com basic finance bootcamp and we will spend it doing an introduction to 401Ks. However, this is not the last of the basic finance and investing posts. I think after this post, it is fair to say that you know at least as much as 98 percent of […]