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Interview with Stuart of the Your Money 2 Keep Blog
This is the 19th in a series of interviews HelpYourMoney.com is doing of other personal finance bloggers. An Interview with Stuart of the Your Money 2 Keep Blog: 1. First, can you please introduce yourself and tell us why your started your personal finance blog? From the time I was 17 I became interested in money.

Debt consolidation facts
Three common ways of debt consolidation are, taking help of credit counseling companies, balance transfer and taking debt consolidation loans. The credit counseling companies negotiate with creditors to lower monthly payments, reduce or eliminate int.

GE Wins Contract
This morning, General Electric (GE) announced that it has signed a contract to supply 310 Evolution series locomotives for Kazakhstan's national railway company, Kazakhstan Temir Zholy...(Read.

Cramer\’s Mad Money Stocks 09/15/06
Here\’s the list of stocks from Cramer\’s Mad Money Show for Friday, September 15, 2006. Thumbs up for these stocks……….. SHOO $38.27, MET $56.00, ALL $60.12, AIG $65.72, CAL $29.39, HPQ $36.18, PTR $107.35, BEAS $14.61, AKAM $47.18, RAD $4.76, CVS $34.74, WAG $49.96, LDG $47.68, BRCM.

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How Do I Implement The Lease Purchase Plan?

Once you have your monthly plan set up, break that down in weekly goals, and then set up your daily goals to meet your weekly goals. If you don't meet some goals, don't beat yourself up. Look at the reasons why you didn't meet your goals for that particular day, week or month. Did other things get in the way (family, work, health issues) or did you just slack off. Sometimes you need to take a breather and come back with some fresh energy. So if you need a break once in a while take one.

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Emotional Trading

Before you bought that stock, mutual fund or Exchange Traded Fund (ETF) you did your research to be sure that what you were buying would return a good profit over the long haul. You bought it and over time you look at it less and less.

Ask yourself: when you plunked down your hard earned money did you have any idea where you would sell it or where you might exit the trade should the stock go down instead of up? And suppose it has gone up have you made any plans to protect those profits?

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Emotional Trading

When you bought that new car you knew as soon as you drove it off the lot it would be worth 20% less than you paid for it. Twenty percent is a lot and more than most folks should be willing to risk when investing. Forget “the long haul” as you don't want to take the 40% losses that many investors did in 2000.

Usually a good rule of thumb is 10%. When you drive that stock off the exchange floor your risk should be limited. You decide how much you are willing to lose if it goes down instead of up and as it goes up carry that risk percentage along to lock in your profit.

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"Teaching to be Poor! What Your Children are Learning About Finances!"

 

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