September 2007
The 5 Point Recession Proofing Plan
Posted by admin on September 12, 2007 in Investment Strategy
The price of gold is now over $720/oz (USD) which is over a $30 spike since earlier in the summer. The general investing rule is that gold is a hedge against a weak dollar and runs counter-cyclical to stock markets. When gold prices rise, stock market indexes fall. What is interesting is that the price [...]
Real Estate Investing: Are You Fit to be a Landlord?
Posted by admin on September 11, 2007 in Real Estate
With the stock market being so unpredictable lately, there has been a lot of talk amongst my friends about investing in real estate instead of the stock market. Real estate investing, because it involves the benefits of leveraging and the tangibility of the investment, is often seen as a safe and secure investment. As they [...]
Is it Time To Buy Stock Yet?
Posted by admin on September 10, 2007 in Investment Strategy
As Friday’s stock market activity showed, we may not have hit bottom in the market. U.S. monthly payroll numbers fell for the first time since 2003; some experts believe that this may be a sign of recession. This may be a bit premature and a sign of panic to call one month’s payroll numbers as [...]
Finding a Good Accountant
Posted by admin on September 7, 2007 in Misc.
I have often believed that this is the best time of the year to find a new accountant or to switch from your current accountant. Why? Accountants have barely any time to sleep much less take on new clients from Feb-June (factor in that most accounts have to file corporate tax returns in June after [...]
Subprime Mortgages and the Credit Bubble: Why You Should Always Invest in Banks
Posted by admin on September 6, 2007 in Investment Advice
Investing in bank and/or financial institution stocks is like owing a casino. No matter how bad times get or how many times the gambler wins, the odds are stacked so the house always wins 51% in a worse case scenario (blackjack has the worse odds for the house- statistically speaking, the house only wins 51% [...]
Saving Money While Moving
Posted by admin on September 4, 2007 in Money Saving Techniques
I spent a part of my holiday moving my office. Suffice to say, this activity isn’t exactly on the top of my list of things to do on a sunny August day. However, it needed to be done at a time in which I needed to watch the pennies in order to amass a large [...]