I recently had an insight about college pricing: it’s like shopping at Kohl’s. No one pays the list price, but you won’t know what you will actually pay until it’s checkout and all the special discounts and friends and cardholder bonuses and Kohl’s Cash are applied. A scholarship tied to a GPA is like Kohl’s… [Read More]
One of the fascinating aspects of human societies is how people are driven to create holidays that involve mandatory transfers of wealth. We’re heading into the insanity of the many year-end holidays celebrated by different groups in the United States. One of the financial questions raised by this is, how big a problem is overspending… [Read More]
Saving up for things is terribly old-fashioned. Yet, like many old-fashioned things, it’s good for you. When people pay upfront for the things they want, they enjoy them more. In part that’s because people are more careful about what they buy when they pay cash. They buy things they really want rather than things that seem… [Read More]
Last week, I appeared on the Benzinga pre-market show. It’s a service for day traders that gives them some thoughts and information for the day. I talked, naturally, about Day Trading For Dummies as well as the euro, retail stocks, and my upcoming options trading book.
Tracking your expenses is the easiest way to get started on a financial plan. Try keeping track of all your income and all your outgo for a month. Get a small notebook and start writing down all of your expenditures, no matter how large or how small. Write down all of your income, too, including… [Read More]
Hedge Funds for Dummies, 2e
My first book has been completely revised! Updated to reflect changing markets, accessible strategies through ETFs, and new potential due diligence pitfalls.
Day Trading for Dummies, 5e
With five revisions, countless interviews with successful traders, and lots of research, this is the definitive guide to getting started, managing risk, and staying in the game.