Whether you’re selling your house or just want an upgrade, home renovations can be costly. There are a lot of projects out there that, with some internet research, can be done yourself. Here are some ways to save money on your home renovation. Shop garage sales or Craigslist Sometimes you can find used tools or  [ Read More ]

There’s nothing wrong with buying a move-in-ready home. That’s convenient. Buying a fixer-upper, that’s another story. If you’re really considering a fixer-upper, you may find yourself playing the pro and con game, and, much to your surprise, you may find that the pros outweigh the cons. Before investing in a fixer-upper, you should really ask  [ Read More ]

What were you thinking when you bought that third magic set? Or worse yet, in vested your money into the magic the gathering card game. With consumer debt on the rise, (isn’t it always) do you fit into the two trillion dollars of household debt floating around out there? Perhaps this isn’t the path we  [ Read More ]

For a state with a struggling economy, supporting and fostering growing businesses may seem like an unnecessary challenge. Why focus on starting new businesses when the ones you already have are having trouble staying afloat? The state of Michigan looks at the situation in a different light: The Mitten’s business-minded individuals have found a safe  [ Read More ]

I’ve been advising investors for a long time. A good percentage of my Boomer clients need help with diversification. Their parents lived through the Great Depression, so many of them inherited a habit of hoarding their assets. This is one of the reasons why the Boomer population has so much of our nation’s wealth. But  [ Read More ]

“It’s worth its weight in gold” is a familiar saying to describe the value of an object or idea, but why is this saying used? Because gold has the longest history of being used as a precious metal and a desired commodity dating back to the ancient Egyptians. To this day gold is highly sought  [ Read More ]

  RORO, while it may sound like something that Scooby Doo would say, is actually an investment strategy that has been followed religiously by some investors over the last several years. RORO stands for risk on/risk off, and essentially entails investing in risky assets when the economic outlook is good, and then switching to treasury  [ Read More ]

When constructing a stock portfolio, it’s tempting to only pick stocks that have the highest potential return. However, it’s equally important to focus on a stock’s risk. Every stock has exposure to two types of risk. Non-systematic risk includes risks that are specific to a company or an industry. Most non-systematic risk can be eliminated  [ Read More ]

The process of investing in stocks and watching them increase or decrease can often be quite stressful, especially to those new to the stock market. It’s almost like people wish they could practice buying stocks. Interestingly enough, there is actually a simulator that has been created which reproduces settings similar to the current stock market.  [ Read More ]