From the category archives:

investing

I lost a ton of money. Now what?

by debt kid on April 2, 2009

Have you lost a ton of money this year (or last) in the markets? 401K more like a 41K? I did a nice little guest post over at GenXFinance on how to handle tremendous investment losses. It’s a topic I know just a little bit about : ). Just a little. So if you’re feeling [...]

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What is a Self Directed IRA?

self directed ira

by debt kid on March 25, 2009

I’ve been looking into IRAs recently just for future savings purposes. I used to be completely confused, but now I’m starting to grasp all the different IRA flavors.
So, what’s a Self Directed IRA?
A self directed IRA allows you to invest in assets beyond just stocks and ETFs. You could open a Self Directed IRA to [...]

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Post image for High Yield Savings Is Dead

High Yield Savings Is Dead

by debt kid on February 26, 2009

The online savings account is dead.
Where are people supposed to put their money right now and earn a decent return? The stock market? Good luck with that. Might as well put it all on red.
The so called “high-yield” savings accounts are anything but. The banks are desperate for deposits to shore up their balance sheets, [...]

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missing wallstrip

I miss WallStrip

by debt kid on February 25, 2009

If you never watched Wallstrip last year, and you’re a fan of investing, you really missed something special.
Wallstrip was a video blog that focused usually on a specific stock or issue. It covered the Apple iPhone, the auto bailout, and plenty of other high flying stocks and topics.
Wallstrip was acquired by CBS (for a rumored [...]

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I’m beating the S&P 500 by nearly 50% this year…

by debt kid on December 26, 2008

With my LendingClub.com account : )
If you haven’t become a Lending Club member yet, sign up now and get all setup for 2009!
Get started: HERE

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7 Year End Tax Tips For Small Business

by debt kid on December 22, 2008

As the end of the year approaches quickly, tax season is coming and faster. Here are some simple tips for preparing for taxes:

Get up to date on all accounting.  If you’re behind on your books now is the time to get them up to speed.  If you don’t have a personal accountant and you’re a [...]

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Why I declined a 401K Plan

by debt kid on December 14, 2008

So, I’ve been reading a really fantastic personal finance book lately. I don’t usually read personal finance books, because, I don’t know, I feel like I get enough finance every day with the literally 100’s of blogs I subscribe too.
Anyway, I got this book from a publisher for free. I’m not sure if it’s been [...]

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I have a guest post up today over at Consumerism Commentary. Check out a pretty personal post about some of the lessons I’ve learned about money, investing, and loss.
Have a great thanksgiving all.
And stay home Friday. Enjoy time with the family. Spend your time….not your money!

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Chuck Norris, hedge fund manager

by debt kid on October 24, 2008

I saw these on cnbc this morning and couldn’t help but share.
I love Chuck Norris quotes, and with all the turmoil in the markets right now, I hope people get a chuckle out of them. If you’ve never traded or studied finance you might not get them all (I got probably 95%), but [...]

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Even though I don’t trade any longer, I still follow the stock market quite a bit. Especially lately. A number of online brokers, including TradeKing, OptionsXpress, and ShareBuilder are giving away loads of free money right now to acquire new customers.
TradeKing $50 Bonus
TradeKing is offering $150 bonuses (transfer fees waived) to new customers. To receive [...]

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