Law 3 - SMART Investments & Tools Archives - Page 10 of 11

Smart Spending – How secure are Americans with Personal Finances?

August 7, 2013
David S. Chang

July 2013 Financial Security Index charts By Bankrate.com Bankrate’s monthly survey of six questions measures how secure Americans feel about their personal finances compared to 12 months ago. From July 3-7, 2013, telephone interviews (on landlines and cellphones) with 1,005 adults living in the continental U.S. were conducted by Princeton Survey Research Associates International. The […]

August 7, 2013
David S. Chang

SAM RO When investors get scared and they have nowhere to hide, they move their money to cash. Cash is arguably a great place to store your wealth briefly until you make your next investing move. However, cash itself is not really an investment. “The one thing I will tell you is the worst investment […]

July 23, 2013
David S. Chang

MANDI WOODRUFF The latest Economy and Finance survey by Gallup had the finance world abuzz today. Just 52% of Americans said they are invested in the stock market. That’s the lowest rate since 1998 and 13% lower than the pre-recession high in 2007, BlackRock notes. We all know what happened to the 1% of investors who got spooked during […]

July 17, 2013
David S. Chang

When people think of a financial plan, many assume it involves setting up a budget, saving for retirement and looking for good investment products. But a financial plan goes much deeper than that. If properly done and updated regularly, it could mean the difference between financial independence and financial dependence. Here are key steps on how to […]

July 5, 2013
David S. Chang

John Nersesian Jay Gatsby from The Great Gatsby: Diversify and Hedge Jay Gatbsy’s vast fortune is amassed through undiversified means—bootlegging. Jay is all-in on a single industry, and, in the end, this destroys his legacy. Imagine if he would have had a few less parties and put the money he would have saved into the […]

July 3, 2013
David S. Chang

Just like the article we covered on money lessons from athletes, Lottery winners, in many ways, also have lots to teach us. Although the chances of winning a lottery are slim, it is important to prepare for any financial windfall, such as family inheritances, divorce settlements, cashed-out stock options and overnight business successes. According to The […]

June 12, 2013
David S. Chang

Alternative or “alt” mutual funds are publicly offered, SEC-registered funds that use investment strategies that differ from the buy-and-hold strategy typical in the mutual fund industry. Compared to a traditional mutual fund, an alternative fund typically holds more non-traditional investments and employs more complex trading strategies. Investors considering alternative mutual funds should be aware of […]

June 1, 2013
David S. Chang

Chuck Saletta, DailyFinance Buffet (right) pictured with Charlie Munger. Charlie Munger is best known as the second-in-command behind Warren Buffett at Berkshire Hathaway (BRK.A)(BRK.B). He’s also a world-class billionaire investor in his own right, capable of similar market-trouncing results as Buffett himself. As a successful investor and all around nice guy, Munger often shares his investing […]

January 23, 2013
David S. Chang

Investing is an important part of your personal finances, and it seems simple: Buy low, sell high and keep the profits! Studies have shown, however, that a chimpanzee throwing darts picks stocks better than the average investor! The average investor in the past 20 years made only 2.4 percent, whereas the S&P500 returned 7.7 percent. […]