Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts

1.27.2013

Putting your pay raise to work

Now that you finally got that nice little raise, what you will do with it? Treat yourself to a nice dinner? How would you spend it? I am sure the question "how do rich folks spend their money" may have crossed your mind at some point or whenever you had a little bit of money to spare. It is no wonder that the rich are getting richer; the poor are getting poorer while the middle class is getting nowhere. The crux of this wealth accumulation balance lies not in our class but in our perception of how to best allocate our money.

5.21.2012

Facebook Market Performance

It is amazing how the stock market manages to get people suckered into bad investing choices every single time. I had told some of my friends to stay away from FaceBook stock at least initially. But they still bought the stock at $38 and just of its second day of trading it has lost almost 11%. 

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