This money chart has to be the most informative thing I have seen all weekend. Basically, the money chart gives you a perspective of how poor you are, and other various cool money facts. Did you know the game, Minecraft, made almost $57 million in October? Holy shit. Also, the top 80% make a minimum of $76,100 a year? And the top 1% makes $822,000 a year. If you have some time you should check it out. Here is something from the chart:
Previously I talked about why you should diversify your assets. Now the question arises: How can you diversify? Well, there are three main ways to diversify. Buy a lot of single stocks, invest in mutual funds, or invest in ETFs. The first option is the least likely to be successful, because of how many transactions you would have to take to get a decent portfolio. If it costs $9.95 per stock transaction, both to buy and sell, then a decently sized portfolio ( around 20 stocks) would cost you $200 to create. Of course there are discounts available to new ...
What is RedBox? (For those of you who do not live in America) Redbox is America’s destination for movies and video games. With more than 28,000 locations nationwide, [and] featuring up to 200 titles and 630 discs, Redbox is a fully automated video rental store contained in 12-square feet of retail space. Ok, so you know what RedBox is. How can you get it for free? There are two ways I know of. The first option is to use RedBox coupon codes at the machine. The great thing is that there are so many free movie rental codes online. Such ...
Investing is risky. We all know that. One of the techniques to reduce the risk is to diversify the assets we invest in. If our assets are diversified, their values will not move in correlation. This is great, because if one of your asset is tanking, your other assets will not affected as much; thus, balancing out your losses. Let’s explore this concept further. “Don’t put all your eggs in one basket.” The great thing about this proverb is that it also applies to finance. If you put all your money in company A and it goes into bankruptcy, you ...
American Express’s second annual small business Saturday is tomorrow. If you have an American express card, you are in luck. If you do not have an AMEX card, you really need to get one because of offers like this. So what is small business Saturday? The 2nd annual Small Business Saturday® is a day dedicated to supporting small businesses on one of the busiest shopping weekends of the year. On November 26, we’re asking millions of people to Shop Smallsm at their favorite local stores and help fuel the economy. When we all shop small, it will be huge. Besides ...
I wish a Happy Thanksgiving to all my readers.Whether or not you celebrate Thanksgiving, I hope you enjoy your day and pig out some good food. And remember money is not everything, but it help get you where you want to be. Thanks for all your support and I hope you continue reading!
Sponges are not that expensive – you can get 18 for around $14 dollars. But it can get expensive, if you keep on replacing your sponge only after a few uses. The good thing is, you can save money by just by maintain and cleaning your sponge. You should always try to maintain your sponge as much as possible. After each time you use it, you should remove any remaining food scraps, which are ideal breading grounds for bacteria. You should also try to wring out all the water and keep it as dry as possible; bacteria love moisture. The ...
This upcoming Black Friday will attract millions of Americans, who will stay up all night trying to snatch a deal. If you do not know what Black Friday is, you are missing out. Black Friday takes place the day after Thanksgiving, and is usually the biggest day for retailers. This is because most stores offer some serious discounts on their merchandise, and who does not like discounts? So what is the best way to shop on Friday? First, you need to decide what you need. Do not just buy something because it is cheap, unless you want to sell it ...
Before you read this part of how to make money using a blog, you should have read part one. The first part of the “how to make money” series, I went over what a blog is, why you would want to start one, and where you can host it. If you have already setup your blog, let’s start making lots of money. Ok I lied. You will not be making a lot of money until your blog gets actual traffic; the more visitors you can get to your site the more money you will make. Most advertisers will pay you ...
Signing up for a company sponsored 401k is a great way to invest money. What is a 401k? It is a retirement savings plan which has favourable tax outcomes; the captain gains, dividends, and interest earned within the 401k are not taxed until withdrawn. That sounds too good, so what is the catch? You can only make withdraws, without penalty, after 59 1/2 years of age. Let us explore more on what a 401k is. If your company sponsors a 401k plan, then the odds are you are already in it. Most companies have automatic enrollment, and you can only ...
