Wealth Artisan Choosing stock prices might sound impossible, but it is integral to your investment strategy. When someone is new to investing, it can be tempting to buy anything right away. Maybe you’ve researched a stock so much that you know it as well as you know your own brother, but you must have discipline. What we … Read more
Company:Johnson & Johnson Ticker: JNJ Current Price: ~$63.57 Annual Dividend: $2.16 52-Week Hi/Lo: $66.20/$56.86 Dividend Yield: Price: Yield: Hi $66.20 3.263% Current $63.57 3.398% Lo $56.86 3.799% Looking at that table, it’s easy to see that this Dividend Aristocrat has a very healthy dividend yield. I typically uses 3% as my minimum required yield when … Read more
If you like what you read, then subscribe to our feed! How would you like to get 5,054 hours of your life back, without having to pay for it? How would you like to get 2.43 years off from work? Your numbers may vary, but we’re going to show you how. Now, it isn’t something that you … Read more
If you like what you read, then subscribe to our feed! I’m married, and naturally, that means there will be disagreements, compromise, and surrender. I’m also a home-owner which means there will be various household decorating ideas, and those get expensive. My wife wanted this chandelier (pictured to the right) from JC Penney. This Chandelier … Read more
If you like what you read, then subscribe to our feed! The slot machine, it is an iconic symbol of decadence that prevails throughout the world. From the Las Vegas Strip to the St. James Club in Antigua, from Atlantis Resort in the Bahamas, to Casino Baden-Baden in Germany, few people in the developed world … Read more
Many people are beginning to cope with cutting back indulgences to save more money, but still, many have trouble with saving money. Is saving money difficult for you? If you have trouble saving money, then the solution may be as simple as changing your perspective on saving. Saving Money Requires Too Many Changes A lot … Read more
If you like what you read, then subscribe to our feed! This is Steve (Top Row Right), Annette (Bottom Row, Second From Right), and their kids and they are “The Cheapest Family in America.” What makes this family the cheapest family in America? Here is a short snippet from their website: Steve worked as a … Read more
Happy Fall and Happy October Today is an interesting day. There’s so many things happening. We just finished September, summer is over and fall is here (my favorite season), 6 months ago I started this blog to help friends and family with their money issues and it has since grown into what we have here … Read more
It’s not only a neat rhyming phrase, it is a rule of thumb that you should consider employing if you aren’t already. Use that you can lose is simple in philosophy, but abundant in knowledge. The idea is that you should invest money with the understanding that you can and may lose it all. Another … Read more
Some people dislike things because they just aren’t cool any longer. Remember the walk-man cassette players, then the portable CD players, and now the mp3 players? What about the cellular phones in a briefcase, then flip phones, and now mini computers that you sometimes talk into? Have dividends become so unattractive in today’s shorts, calls, … Read more
We’ve all experienced the heart pounding, butterflies in the stomach, “I couldn’t have” feelings of paying a bill and realizing that you might not have enough money in the account. Or, maybe you have had a car problem, or unexpected hospital visit and realized that you don’t have enough in savings to cover it. These … Read more
In the world of retirement investing, there is one term you should get extremely familiar with: Roth. This is especially important if you are a young person. Right now, we will focus on Roth IRAs and the less common Roth 401K. Essentially, Roth accounts are funded by after-tax money rather than pre-tax, but we will … Read more
Update: Because of a high number of email requests, we are including some Amazon links to the switch we used (which is pictured to the right), and some other common types made by the same company. We’ve had a great experience with the toggle dimmer, the reviews look pretty good for the other two as … Read more
In our article “Paying Your Mortgage Early” we covered some of the mathematics behind paying a mortgage early. It’s very important to do this in order to minimize the amount of money that you are putting into the banks pocket. For every dollar extra you pay in interest, that’s a dollar you can’t use to … Read more
Today we are going to define a phrase that we will probably be using quite a bit in the future. We are going to better define the phrase “perpetual mindset” for our purposes and uses. We will first give its literal definition, then we are going to apply a more specific definition for our purposes. … Read more
Money.CNN has an article titled “What Went Wrong At Burger King?” in response to the recent acquisition of Burger King by an investment firm. The article is well written and gives a great “macro” perspective, but we wanted to give a more “micro” perspective of the problems in the Burger Kingdom. I find the acquisition interesting because, in my … Read more
Today we are going to discuss some of the mathematics behind paying extra towards your mortgage early on. Here are the assumptions: Mortgage Amount: $150,000 Mortgage % Rate: 5% – Fixed Mortgage Term: 30 Years No prepayment penalty That last one is important. Few mortgages have prepayment penalties, but always double-check. Additionally, there are a … Read more
Happy Labor Day! We would like to wish everyone who reads this blog a happy Labor Day. To all of those people who are working today so that we can continue to enjoy the conveniences that we do everyday, thank you. We hope that you all have a very happy, safe, and enjoyable Labor Day. … Read more
Many people have their vices. Starbucks, nail appointments, alcohol, and a laundry list of others. While, in moderation, many of these things are harmless and can really increase the quality of one’s day, they become problems when they are “needed.” A relatively new phenomenon comes in the form of a new caffeinated soft drink: the … Read more
Recently, in a discussion with a college professor, the question was posed to me: “Is growth and expansion always good thing? Should all companies strive for growth?” I have a lot of opinions on this subject, but my answer went something like this: I do not believe growth is always good. In fact, I’m willing … Read more
You’ve read the stories, and maybe you’ve even experienced the rapid depreciation that new cars get once they are driven off the lot. Many people wonder why their cars depreciate so quickly at first, and we’re going to address some of the reasons below. Additionally, at the end of this article, we also discuss typical depreciation. … Read more