Archive for the ‘Basics’ Category

Morningstar Risk Measures

Wednesday, June 11th, 2008

For those of you out there who look for actively managed mutual funds, you need to check out Morningstar's site. Morningstar rates mutual funds and provides a wide variety of valuable data when evaluating mutual funds. They also provide numerous paid for services including research reports, screening services, etc. Although ...

Avoid Being ‘The Rich Fool’

Tuesday, June 3rd, 2008

The parable of the rich fool is found in the Bible in Luke Chapter 8:13-21, and holds some key concepts that warrant discussion. The Parable of the Rich Fool 13Someone in the crowd said to him, "Teacher, tell my brother to divide the inheritance with me." 14Jesus replied, "Man, who appointed me a ...

Calculate Cash Payback On Home Improvements

Monday, June 2nd, 2008

I was vaguely listening to an episode of Suze Orman while working on this site over the holiday, and I heard a question and answer that seemed crazy to me. I was listening to a caller that asked if they could afford to buy solar panels for their home. The cost ...

The Lazy Person’s Guide To Investing, Book Review

Wednesday, May 28th, 2008

The Lazy Person's Guide to Investing is written by Paul Farrell, a CBS MarketWatch columnist. The book is an extension of a column he wrote on simple investment portfolios. The book outlines several "lazy" portfolio allocations, and the book is written for the type of person that doesn't consider investing ...