Planning makes better investing

Planning makes better investing

By Andrew

When residents of Main St are deciding how to begin the investing process, as we discussed previously, the first step is assessment.  There are some important things that any potential investor needs to ask themselves first: Making a Plan The market moves up and down, and that volatility is what scares investors.  Investing is not about buying…

Read More

No Free Lunch

No Free Lunch

By Jeff

Continuing with our previous topics of how to make more money with your money, and how to just make more money period, I want to address the myth getting of something for nothing. One thing that residents of Main St should be aware of, if they are not already, is that there is no such…

Read More

Learning the Trade of Trading

Learning the Trade of Trading

By Andrew

Invest Time in Investing As was discussed in the previous post, the best way to save more is not always to spend less, but to effectively use your skills and time.  Something that any resident of Main St. can learn to do is invest.  We discussed a few ways to invest (in gas, for example),…

Read More

Advertisement

Spending is the New Saving

Spending is the New Saving

By admin

First things first—let me admit that I didn’t come up with this idea on my own. No, like most ideas, the catalyst was reading something else, somewhere else. This one happened to be in the form of a NY Times Article that helped me see the light. It’s a great article, and maybe I am…

Read More

Sunk Cost and Investing

Sunk Cost and Investing

By admin

Following up on the idea of sunk cost that we previously discussed, let’s discuss sunk costs (so to speak) in investing. The thought behind a sunk cost is to eliminate emotions in decision making. Just because you have spent money to start something (as the theory goes), doesn’t mean you need to follow that investment…

Read More

Is Sunk Cost a Sunk Theory?

Is Sunk Cost a Sunk Theory?

By Jeff

I read an article recently, or more aptly, tens of articles recently, about how in today’s market regardless of if you are the CEO or the Janitor that you need to be adding incremental value. As an aside, interestingly enough, apparently 99% of authors are excused from the adding value requirement, because none of the…

Read More

Personal Finance for Main St

When residents of Main St look for news on how the economy is performed that day, it's often reported in terms of how the "Dow" or the S&P 500 performed that day. So what is the Dow? Ditto for the S&P 500?

Site powered by Mangoco