FREE Trades in a Self-Directed IRA. Perfect Timing for Year-End

November 1, 2010

In case you weren’t aware, instead of opening up an IRA (Roth or Traditional) with a mutual fund company, you can easily establish a self-directed IRA with an online brokerage and enjoy the flexibility of making individual ETF and stock investments.  ETFs are cheaper than funds and stocks allow for the flexibility and potential of […]

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Black Swan Investing – Making a Fortune off Rare Events

October 31, 2010

For the uninitiated, a Black Swan event as outlined in Nassin Taleb’s excellent book The Black Swan: The Impact of the Highly Improbable is one in which it is so rare and unpredictable that virtually nobody is prepared for it.  Consider a small handful of 5 hedge funds that stood out as amongst millions of […]

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Study: 33% Needed Thousands Extra to “Cash-In” Refi – Could You Do It?

October 28, 2010

You’ve gotta have money to make money, right?  Well, apparently, you’ve gotta have money to SAVE money also.  As this recent report shows fully one third of homeowners refinancing last quarter had to do “cash-in” refinances at closing.  Dropping home prices and tighter underwriting standards are driving this trend.  It’s gotta be a real kick […]

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No, We’re Not All Equal…And That’s a Good Thing

October 27, 2010

I’m with Melinda Gates when she says every life has equal value – at birth.  We are all created equal.  But in our society as adults, we don’t don’t end up as equals from an income and wealth dispersion standpoint as adults – and that’s a good thing.  There was a recent survey [BusinessWeek] in […]

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Here’s Why You Can’t Invest in a Hedge Fund

October 25, 2010

Every once in a while I read about a hedge fund that has some really unique characteristics and performance.  While many of them are over-rated and are really just collecting fees for mediocre performance, there are a few standouts.  As such, I check out their site and there’s usually some cryptic mention of “accredited investors”, […]

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Weekly Roundup: Pardon My French Edition

October 23, 2010

Pardon my French, but gimme a friggin’ break France.  People are rioting in the streets, burning down their own neighborhoods, bringing their entire economy to its knees (heck, Lady Gaga had to cancel a concert series in Paris – the horror!) over pension retirement ages?  Here’s the funny part, teenagers are rioting.  You tell me […]

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