For most of us, especially Americans, saving even 10% of our income seems to be an impossible task. This doesn’t mean we don’t try. We try hard, but there are many forces working against out his goal. These forces are inflation, job loss, not enough opportunities, unpredicted circumstances, and so on. Saving is a difficult [...]

Most of us are done with filing our income tax returns. Some have done it electronically, some via post. However, each one of us can check our tax refund status on the IRS official website. On the top of the page, the link ‘Where’s My Refund’ directs you to the area where you can check [...]

There are probably many reasons to hate BP, but we missed the most important one. No, I am not talking about spoiled beaches, death of birds, environmental damage, or wastage of natural resources. I am talking about the way we have been used to overreacting due to the spill.

How much, I wonder, we would react [...]

The Fed government is trying hard to boost retail sales. There are discount tags on all the items, and loans are easily available (except mortgage) to make purchases. However, thanks to the recent economic crisis, people have started realizing the importance of money. Many lost their jobs, many were downgraded, which helped people to learn [...]

I have written enough about gold investment. ‘Gold is good’, ‘Gold can bean inflation’, ‘It’s a good investment to diversify your investment’. So, why do I write it over and over again? Because the value of gold changes over time, with change in related factors, and the effect should be visible in your portfolio.
The current [...]

When you bet against stocks’ upward movement, it’s short selling. In this method, you must borrow stocks from your brokerage company, sell them at a higher price, and buy back at lower price. You (short selling traders) can benefit only when the market or a stock declines due to unexpected consequences.
The method is of short [...]

One of the best ways to save some money on credit cards is by doing a balance transfer to a 0% interest credit card.
What’s a 0% Interest Credit Card?
Many companies introduce credit cards with 0% interest rate on new purchases and balance transfers. These offers, however, are valid only for a limited period (usually 6-18 [...]

What’s an IPO?
IPO, also known Initial Public Offering, are shares of a company sold to public for the first time. Through such IPO’s, companies that aren’t currently listed on stock exchanges manage to receive capital for their project. As soon as it sells all their shares, and receives funds, the company gets listed on the [...]

Whether or not one invests in stock market, Dow Jones is an exchange known by majority of people around the world. Dow Jones Index is an index used to gauge the everyday performance of specific stocks. Similarly, Dow Jones Industrial Average gauges performance of 30 established US stocks, and compares current prices with previous closing. [...]

Few months ago, we all learnt what happens when an economy (government, to be precise) spends more than its means. The recent increase in debt level would result in inflation, lower standard of living, currency devaluation, and so on. This is certainly not a good sign for an economy.
Although our President, Barack Obama, is taking [...]