Seems like many in the main stream media are finally coming to the reality that walking away from your mortgage may be the best thing for you to do depending on your situation. For months now we have heard the bullshit line from the administration and concerned economists that walking away is somehow "immoral" or "wrong". A mortgage is nothing more than a contract. By walking away you are not getting off scott free. You are losing your home. Jus
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Depending on the type of investing that you plan to do, you may need to hire a broker to handle your investments for you. Brokers work for brokerage houses and have the ability to buy and sell stock on the stock exchange. You may wonder if you really need a broker. The answer is yes. If you intend to buy or sell stocks on the stock exchange, you must have a broker. The study of economics is characterized by the domino effect. This means that in the study of economics, one has to consider various variables and players in the economy that affect each other, however remote they are from each other, because of a series of relationships connecting each variable or player. Thus, the economic term called inflation can be viewed in relation to other variables or factors in the economy. Just a quick follow up to JohnJ and his great advice on commodity ETF's. These trading vehicles are starting to make more and more sense for the self directed trader by being able to diversify your rick across an entire asset class instead of one specific stock. Enjoy!
I have been doing a lot of reasearch lately on how best to put some money back to work. It looks like ETF's have come quite a long way in the last year or so. I wanted to share this article with everyone written by a Harvard grad. Hope it helps. If you are interested in investing in commodities than you can invest in a commodity mutual fund! Many people are not aware that commodities as an asset class has a lot of potential especially in the 21st century. It
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