Archive for July, 2007
Monday, July 30th, 2007
Minimum Wage - The Bane of Economics?
1. Our civilization started out with hunters & gatherers
2. Technology and refinement of methods allowed for professions not ‘essential’ to survival
3. Over thousands of years, this refinement has allowed thousands of professions to develop
4. The distribution of goods and services is often done between small businesses which can handle a medium sized workload to perform […]
1 Comment » - Posted in Miscellaneous by admin
Friday, July 27th, 2007
Microlending : The Strongest Tool for Development in Third World Countries
Indian Factory Workers: Average Salary: $1,192
Chinese Factory Worker: Average Salary: $498
Stats from Capitalism and Democracy “Don’t Mix Very Well”
I was offered the ‘opportunity’ to purchase those Rich Dad Tickets for $495 and one of the arguments used was that it would only cost me $1.36 a day as though that was nothing. […]
8 Comments » - Posted in Miscellaneous by admin
Friday, July 27th, 2007
What is Your Credit Score Made Up Of?
I’ve referred several times to the fact that credit is something that is extremely powerful. Whether or not you choose to use credit to your advantage or to your disadvantage is your choice. In order to understand some of the power you can achieve if you use credit, here are some examples:
Credit Card […]
1 Comment » - Posted in Planning, credit cards by admin
Friday, July 27th, 2007
Paying for Your FICO : BAD IDEA!
Question:
Hi David,
Can you forward me that information you were telling me about that will monitor my FICO score for free?
Thanks,
R.W.
I’ve been talking with R.W. for a while and she’s currently ~$5/mth to track her FICO score. I have no problem with people making this choice, keeping tabs on your credit score is something that […]
No Comments » - Posted in Planning, credit cards by admin
Thursday, July 26th, 2007
Rich Dad Seminar
I ended up going to this Rich Dad seminar I’d received an invite for last night. Here are some of the items that were covered.
I. Sweat Equity is Your Friend
-it is possible to purchase and fix up a property and make money for everyone involved.
[…]
2 Comments » - Posted in Planning by admin
Wednesday, July 25th, 2007
Successful Entrepreneurs (Part 1)
Successful Entrepreneurs…
What makes a person successful? Some would say that it is he who takes action as opposed to thought. Others would say that success is a state of mind and that a person can be successful with nothing to show of it. I view success as the ability to take a […]
No Comments » - Posted in Miscellaneous by admin
Friday, July 20th, 2007
Twelve Ways to Stay Financially Motivated
Every action has a purpose. What is leading you to read stories about finance? Chances are, you are looking for some answers to a question that deals with your future. What is your question? What is your purpose?
Feel free to write me an e-mail at david113@gmail.com about your purpose, goals, and […]
3 Comments » - Posted in Planning by admin
Friday, July 20th, 2007
Tax Hikes : Increasing the Barriers to Entry for Financial Success (Part 2: Taxes on Dividends and Capital Gains)
Democratic tax hikes will have a political cost
By Alex Holstein
“While claiming otherwise during election season, the Democrats have always been the biggest tax-and-spenders on the political block, but this latest budget constitutes such a grave violation of their promises to the American people that it really amounts to not just your average tax hike, but […]
No Comments » - Posted in Financial News by admin
Wednesday, July 18th, 2007
Warren Buffet and Me: The ‘Secret’ to Success
Everyon has the secret to getting rich. Some may work (pet rock) and some may fail but when a man like Warren Buffet speaks up, you should listen. Read and think before you invest.
From a recent Bankrate article:
“When a 17-year-old who was attending his 10th consecutive Berkshire annual meeting asked how to become […]
No Comments » - Posted in Planning by admin
Wednesday, July 18th, 2007
Tax Hikes : Increasing the Barriers to Entry for Financial Success (Part 1: Taxes on Small Businesses)
The issues that our nation is facing with a budget deficit and the path we are headed down calls for a change but what is the best form of change?
Quoting today’s Investors Business Daily article “Time to Sink Democrat Raft of Tax Hikes,” “If democrats follow through on their budget promises, the American people will […]
