Last week I made a $13,000 mistake (a tax ruling, not in my favor due to most impressive stupidity on my part). In Warren Buffett terms, that mistake cost me $226,842 ($13,000 compounded at 10% for 30 years – see boys, I do know how to do math). I won’t sugar coat it. It sucked. Big time. But I can...

I think most people create huge, out of reach goals like, “I need to have $1,000,000 in the bank by the time I'm 40.” A great goal, obviously, but I think that may be going about things the wrong way. What if we took that type of goal and switched it around? What if we first started by setting a...

TheBuyList.com is a nice, simple website with just one purpose: to show you if mutual funds are trading the stocks you're tracking. Just enter a ticker and click a button. You'll be shown a table of "recent" transactions of that stock made by "the top rated mutual funds". The table shows you how...

Wiley is trying to turn their hit Little Book that Beats the Market (discussion, Amazon.com) into a series: Little Book Big Profits. The second book in the series, The Little Book of Value Investing, is written by Christopher H. Browne and focused on (what else) value investing. While Browne...

I was watching a financial call in show last week. The financial “expert” examined stock after stock. Many he dismissed because of the company’s debt load. It didn’t matter why they were carrying the debt, how recent the debt, or what kind of debt it was, his opinion was that all debt was bad. What...

Oil closed on Nov 3 at 59.14 USD per barrel. These days there are some jittery news that could cause the price of oil to increase. Cramer in his 24-10-2006 podcast said that oil futures were driven up by the hedge funds. I agree and said so in July and Fortune said the same in May of this year....

Airbus is in deep do-do (2). The company that was heralded as the role model of a European Corporation, is well, getting bogged down in the reality of Europe. If there is one thing that the European governments and the American Federal government share it's getting bogged down in details and...

A good investor knows that most of investing is simple psyche 101, understanding people and what motivates them. That’s why the common advice, made popular by David Bach of the Finish Rich book series, of saving money on “little purchases such as lattes, fancy coffees, bottled water, fast food,...

Kimber made a post about why Mutual Funds Aren't for Losers, which was a good article and I see her point of view, however, in this case, I thought I would show the other side of Mutual Funds, which, in my opinion, suck to the point where vacuums should be named after them, or maybe they could...

A buddy quoted Robert Kiyosaki of Rich Dad fame to me a few days back, saying “Mutual Funds Are For Losers.” (This same buddy invests in index funds which are technically mutual funds but that is an entire other post.) Well, chock me up as a loser because I do hold mutual funds, both now and in the...