Stock Market Psychology

Recently, the stock market has been dorminating the headlines. My friend just sent me this picture which I thought was funny, at the same time thought provoking. Am I like that? Which stage am I at now? To see a clearer picture, click on the link here.

The Best Investment now for You

I just picked this up from digg. Cool!!!
Just to add on, if you bought $1000 worth of Lehman Brothers Share, you would have nothing now.
Drink beer, and recycle!

Elizaberth Warren – The Coming Collapse of the Middle Class

This is a pretty long video. But it did give me a perspective on whats going on to the American Society today. A video that I would recommend to spend an hour of your time watching.
The lecture compares two families – Parents with 2 kids in the 1970s vs Parents with 2 [...]

Employees fighting a losing war against Inflation?

Inflation has been a hot topic recently. It has affected many businesses and more recently the end user – you and me.
To sustain business, business owners (Employers)
1 Fight to keep a competitive price. This can be achieved by “Lean”-ing their operations, eg: Reducing Operating Cost, change design and material, outsourcing, retrench, etc.
2 Differentiate [...]

Cost of Financial Freedom

Achieving Financial Freedom, has been many people’s dream. But At What Cost?
I always know that I need to save money, invest money and make my money work harder for me. But do I know how much I need to save and invest? 
Here is a spreadsheet, to calculate the Cost of my Financial Freedom, in 6 Steps!
This spreadsheet [...]

Recession! 50 – 60% market decline?

Recession!
Are there still people who believe that we are not going into a recession yet?
This video compiles the part of the sequence of events leading to our current US economic state. It is interestingly compiled in a movie format which has captured my attention for a while… until our ”Lead Actor” appears. 
 
What strikes me?
1. David Tice:”We [...]

Schlumberger cutting jobs in North America

“Slum-ber-jay”, some pronounce it as ”Sloom-burger”.
Schlumberger is the world’s leading oil field services company. In mid Oct 2007, SLB stocks were >$110. Today, it went as low as $72.30. A spokesman said on Tuesday that Schlumberger is cutting an unspecified number of North American employees due to slowing demand for oilfield services. Some speculate whether the cuts will affect [...]

Paul Navone and his 2 Million Dollars

I was listening to the news this morning on CNN, and this amazing story caught me.
A Factory Worker, who has never earned more than $11 per hour, became a Millionaire after 62 years of work.
Ok, we have witnessed the power of Compounding. BUT, thats NOT IT.
Mr. Paul Navone donated his first million to Cumberland County College. And [...]

US Recession Inevitable?

Just saw some videos on Youtube. Got me very curious.

Basically they are saying that something ‘Big’ is going to happen. Recession is inevitable. It is just a matter of time. And the longer it is delayed, the worse it will be.
That means that, Americans, in the near future, will find it very difficult to afford the kind of lifestyle they are [...]