Our economy runs on fossil fuels. Oil, coal and natural gas are crucial to powering our factories, our computers, our military, our cars, our homes, etc... If there was any disruption in the supply of fossil fuels, our economy would be effected in major ways.
We see examples of this as the market responds to the price of oil and events in the Middle East. We see this in the investments being made in natural gas.
We all know the market would respond poorly…Continue
My goal in life is to create automated mobile income.
I don't want to spend most of my time going to work.
I am currently working on two main strategies for creating automated mobile income.
The first strategy is to invest as much as I can while starting as early in life as possible. I started investing when I was in my early 20's. I'm already seeing the benefits of compound interest. If I can get my investments to get big enough, I will…Continue
Considering that the name of this site is invest every month, I suppose part of the argument being made by the site owner is that we should engage in dollar cost averaging. However, I'm not sure I believe in dollar cost averaging.
I have been told many times by my financial advisor that I shoud invest on a weekly or monthly time table so that my investments are spread out. This means that I will be buying more stocks when prices are low and fewer stocks when prices are…Continue
The only reason we need to have huge entitlement programs for senior citizens is because they didn't take responsibility for their own retirement.
We are in a new world requiring a generational shift. Prior generations largely had employers who handled the retirement planning with pension programs. This is no longer the case. Most companies now offer 401k plans and many companies don't do a good job of getting their employees to enroll in the retirement…Continue