Jan
8

Money Market Funds

From Mich Richards A question I have been getting recently is what is a money market fund, and why would I want one? Most people assume money market accounts are only for banks or credit unions. Brokerage firms also offer money market accounts. They are often called: Money Market Funds. If you have extra money in your brokerage account, like for example in between trades or you are decided on what to purchase, the money market fund will earn interest on the money you have that is not invested. The […]

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Jan
2

More on the Millionaire Next Door

Many studies have been taken on the millionaire population in the US. The numbers vary. Some wealth surveyors suggest that in the US alone there are 8.4 million households worth between 1 million and 10 million dollars. I personally believe the number is half that, at around 4.5 million household whom have managed to accumulate that wealth. The larger number is probably accurate for the entire world. Allegedly, the number is growing rapidly. So who are these newly minted millionaires? What are their tastes? Do they suddenly become snooty and […]

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Jan
2

Living Within Your Means

by Brice Hogan I talked to a friend of mine recently who has a brother who he talked to over the Christmas season. They were chatting over how much he overspent for Christmas. He had mentioned to my friend that he had a lot of pressure to buy the coolest new thing which happened to be a video game for X-box and some other things to accompany it for his son. I cooked some dinner for my wife’s family and my brother in law was going out to dinner later […]

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Dec
21

Tis The Season To Make Money

By Micah Richards I have heard about CraigsList, and people telling me how much easier it is from using Ebay. I decided to use it. I went through everything I could find. I was able to put together four lists on Criagslists. Within a month, I had a hit, and someone wanted me to meet with me. I had a sale. I was surprised on how easy it was. The first step is to write the description. I wrote short paragraphs. Nothing longer than a third of a page. After […]

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