Welcome to the December 3rd, 2007 edition of carnival of everything finance, Investment Education Edition. Since this blog discusses investing tips, tricks, picks, and education from market professionals you will be exposed to 10 great ways to learn investing in the stock market. Enjoy.
1st Way to Learn: Open an account with a top online stock broker and use their free tools.
** Edith presents 7 Business Lessons Learned from Watching Warren Buffet posted at Edith Yeung.Com: Dream. Think. Act. This is a great article which really just puts up several videos of Warren Buffet answering questions. When Warren Buffet speaks though, you should listen.
** Dan-O presents How to Make Real Life Money in the Second Life Virtual World posted at Danogo.com – Discover. Inspiring . Media, saying, “How to Make Real Life Money in the Second Life Virtual World”. For those of us who are unfamiliar with Second Life like myself this was a good read and breakdown of the virtual world. It amazes me that people can be making thousands of US dollars a month off virtual real estate.
** Dax Desai presents posted at Dax Desai. I naturally like to stay optimistic, and this article allows me to remain positive about expensive oil. When prices get too high people will seek other alternatives. If that is the case, then $100 oil may be good for us long term.
** KCLau presents Top 21 List of Financial Sotfware and Application for Efficient Money Management posted at KCLau’s Money Tips, saying, “Managing money is a lot of work. But with the help of technology, it is just a matter of inputing data. Here is a list of all the softwares and online applications that can assist you to keep track of your finance more efficiently.” A well compiled list of softwares and applications for money management. I personally use Microsoft Money which is at #1 for all my financial management needs.
Nickel presents Funding an IRA When You’re Not Sure You Can Afford It posted at fivecentnickel.com.
Jason Elder presents Five Top Alternatives To Personal Bankruptcy posted at A Bankruptcy Lawyer’s Blog, saying, “If you are considering filing for personal bankruptcy, stop, think and consider the following-”
Thomas Humes presents Money Doesn’t Grow On Trees posted at Wealth Building World, saying, “How is your money flowing? How are you feeling about money? What do want in relation to money? Why is it that people who have a lot of money can make it so easily and those who donâ€™t have it, continue to go without?”
David B. Bohl presents Small Business Trends Column: Entrepreneurs, Does Retirement Fit Into Your Plans? posted at Slow Down Fast Today!, saying, “Many of us do not fit or identify with the generation we are born into.”
Tezza presents Should You Get Rid Of High-Interest Debt Before You Start Saving posted at 4 Eva Young, saying, “When it comes to debt elimination, it is often easier to face the problem by trying to dig yourself out of debt instead of facing your reasons why you are in debt to begin with. ”
Michael Bass presents How to settle your debts on your own posted at Debt Prison, saying, “It is true that debt settlement companies provide a service. This article is about how to settle your debts on your own. Well basically you accomplish this by going through the same steps that debt organizations do.”
3rd Way to Learn: Go to Seminars. Seminars can be free or paid, and are great ways to get exposure to different topics from investment veterans and professionals.
David B. Bohl presents Success: It’s All in the Follow Through posted at Slow Down Fast Today!, saying, “I believe if we’re honest with ourselves, the reason we don’t follow through on so many things that would insure our success is that we’re so accustomed to not succeeding, we’re afraid of what might happen if we succeed.”
Matthew Paulson presents Generating an Online Income: Separating the Good from the Crap. posted at American Entrepreneurship.
KCLau presents What’s Your Time Worth? posted at KCLau’s Money Tips, saying, “Value of money is always tied to time element. If you work, you need to understand the basic concept that you’re trading your time for money.”
The Career Counselor presents Six Time Management Tips for the Self-Employed During the Holidays posted at ask the CareerCounselor, saying, “Home workers and small business owners typically encounter a tricky balancing act during the holidays. Read above for tips and ideas to help small business owners make the most, personally and professionally, out of the holidays.”
Adam Carter presents Seven Strategies To Break Through Your Motivation Barrier posted at 10KPortfolio.
4th Way to Learn: Find a mentor. A mentor can be a family member, friend, business colleague, or anyone that is there to teach, support, and motivate you towards success. Mentors can provide you with a wealth of knowledge for down the road.
David presents Gaizer.com Tips for Business Start-ups | Helping you Start your own business – Maintaining Corporate Identity posted at Gaizer.com, saying, “It is important to separate the identity of the corporation from its owners. It is important to separate the identity of the corporation from its owners.”
Larry Russell presents Where’s Waldo? – The illusion of superior professional mutual fund manager performance. posted at THE SKILLED INVESTOR Blog, saying, “The effort to find those few supposedly superior money managers willing to sell their services sufficiently cheaply is a costly, time consuming, and futile, “Where’s Waldo?,” searching exercise for the individual investor. ”
SharkBait presents $10 – How Do You Invest? posted at Shark Girl, saying, “I know nothing about investing. I’m starting with $10 and seeing if I can make it grow. It’s an experiment I’m blogging to see if I can learn how to invest; and to see what happens with just $10 to start.”
The Dividend Guy presents Do Emerging Markets Fit in to a Dividend Portfolio posted at The Dividend Guy Blog.
Allen Taylor presents Business Investment Strategies That Work Every Time posted at Investing World Today, saying, “The secret to investment success is the consistent application of time-proven strategies, not the use of complex, hard-to-understand investment vehicles created by investment bankers out to take your money!”
Dorian Wales presents Valuation Methods â€“ Discounting Cash Flows vs. Using Multiples posted at Personal Financier, saying, “The pros and cons of using multiples or Discounted cash flows for valuations.”
Warren Wong presents What Is The P/E Ratio And What The Price Earnings Ratio Means posted at Personal Development for INTJs, saying, “A description of what the P/E ratio is and what the price earnings ratio actually means.”
Mark U Runta presents Market Turmoil – Is it Keeping You Awake At Night? posted at Smart Investing & Money Management, saying, “How to deal with a volatile market?”
Bentley Humphreys presents How to Make Money Off Interest Free Credit Card Offers posted at Bentley Humphreys, saying, “There are obviously a countless number of ways to invest money these days, however one is so fascinating we decided to test it out here at boozwatt.com. It’s called credit card arbitrage. Here’s how it works….”
Real Estate & Mortgage
5th Way to Learn: Join a stock community. Communities are a great place to meet other traders, ask questions, and just read through detailed conversations that provide a wide variety of investor experiences and insight. Some great sites include Covestor.com, EliteTrader.com, Motley Fool CAPS, and MarketWatch.
Doug Boggs presents Silver Tsunami is here! posted at Boggs Development Group, LLC, saying, “With the baby boomer generation coming into their retirement age we see powerful investment opportunities in Real Estate and its numerous ancillary demographics and investment possibilities.”
Tim presents Reverse Mortgages and Subprimes – Are there Parallels? posted at Reverse Mortgage Information.
PabloPabla presents When You Should Reconsider Refinancing Your Mortgage? posted at Financial & Legal Matters, saying, “Some tips shared on when might be the best time to consider a refinancing”
6th Way to Learn: Read Yahoo Finance. A very easy way to learn investing and the stock market is to simply read one article from Yahoo Finance each day. The weekend articles are great too for personal finance, and you will be amazed at the knowledge attained within even a month.
Christine presents Film vs TV, Why We Opted to Turn the TV Off, plus Frugal Tips for Movie Buffs posted at Me, My Kid and Life: An American Single Mom Living in France, saying, “Cheap ways to see great films!”
Storm presents A dollar saved is a dollar earned posted at Watch Me Become A Millionaire, saying, “I make it a point to incorporate the expression “a dollar saved is a dollar earned” into my life. There are many great opportunities everywhere to save money if one is only to look.”
Cashmoneylife presents Slash Your Winter Heating Bills – 10 Inexpensive Ways to Save Big This Winter posted at Cash Money Life, saying, “This article includes 10 inexpensive ways to save money on heating bills this winter.”
Storm presents Make coffee at home and save money posted at Watch Me Become A Millionaire, saying, “I will be the first person to admit that I will occasionally go and spend around $4 for a latte at a coffee place. In order for me to achieve my ultimate goal of financial independence, I have to curtail this activity somewhat. But again, going to extremes on any matter is usually, in my opinion, not a productive thing to do.”
Sunny presents Being content while being Frugal posted at Dandelions and Daydreams, saying, “How spending $3.50 on coffee creamer kept me from going on a serious spending spree, and how the same principle can help you be content while being frugal.”
Shopping and Spending Wisely
7th Way to Learn: Watch CNBC. If you have the opportunity to watch the news during the day, hit up CNBC for 10 to 15 minutes.
Sunny presents Freezer cooking and pantry eatin posted at Dandelions and Daydreams, saying, “I am trying to save money on groceries by not going to the grocery store. With a well stocked pantry and freezer, I am trying to see how long I can eat without shopping.”
Christine presents France on the Cheap: Traveling in France for less than $200 per day for Two – Traveling Cheap in Europe posted at Me, My Kid and Life: An American Single Mom Living in France, saying, “Planning on traveling to France? Here are some insider tips on how to become a frugal traveler while still enjoying your trip to the fullest!”
8th Way to Learn: Read the newspaper. The Wall Street Journal and Investor’s Business Daily are both great examples. You can even go with digital print and read them on your computer screen.
Leon Gettler presents More funny money on Wall Street posted at Sox First, saying, “Goldman Sachs is the bank holding the biggest amount of â€œfunny money assets as the subprime crisis goes from bad to worse.”
Leon Gettler presents Keeping up with the Joneses: bubbles and herding behavior posted at Sox First, saying, “The subprime mess is just one example of what happens in a bubble. And now evidence suggests that bubbles are created by people just wanting to keep up with the Joneses. Investors fear being poor when everyone around them is rich.”
Logan Flatt, CFA presents It’s Future Cash Flows, Stupid! posted at PowerWealth.com, saying, “The objective and reasonable valuation of a company has little to do with the supply of and demand for the company’s shares and everything to do with the company’s ability to generate future cash flows.”
Everything Else Finance
9th Way to Learn: Sign up for a free stock simulator. A fantastic way to learn to invest is to practice it first hand with fake funds. There are many stock simulators available, with some well known examples being investopedia’s simulator and the virtual stock exchange.
Thomas Ott presents Genetic Algorithm Excel Addin posted at Neural Market Trends, saying, “I recently found a neat little Genetic Algorithm (GA) addin for Excel that I wanted to share with my readers. I scratched the surface with GA’s in the article and you can easily migrate this little addin to something more complex and interesting like trading models!”
Wes presents After 71 Years Monopoly Turns to Visa for Help posted at Money Saving Tips, saying, “A blog entry questioning the morality of Hasbro with their addition of a VISA sponsored Monopoly game.”
Doug Boggs presents Have and have Yachts! posted at Boggs Development Group, LLC, saying, “Through the last six years our country has gone down a very dangerous financial path. (Actually, longer, but for ease let’s just start there.) That of financial demise and a massive spreading of the distance between the “have’s and have yachts”!”
Christine presents The Exchange Rate – The Euro vs The Dollar – The Declining Dollar posted at Me, My Kid and Life: An American Single Mom Living in France, saying, “Living in France off the steadily declining dollar. One woman’s experience with earning an income online via US dollars while living in France and paying in euros.”
Karyn presents Loan and Debt Elimination Scams posted at Shop Smart Loans, saying, “There are many loan and debt elimination scams out there. This article outlines some of the details of the more common scams and highlights what the consumer should be aware of.”
The Investor presents How talking about money is like French kissing posted at Monevator.com, saying, “Fun, free and enriching just as you got over your teenage worries about kissing, you need to realise that talking about money is nothing to be ashamed of.”
Richard Trinh presents The Need to Become Financially Literate posted at Financial Literacy, saying, “Financial Literacy – learning about finances and how to stay out of debt. Financial responsibility, network marketing, real estate”
Ryan Russell presents Go Outside The Box for Great Holiday Gifts posted at My Money Thinks, saying, “For these people (and anyone else), a little creativity and imagination will go a long way when shopping for holiday gifts”
10th Way to Learn
10th Way to Learn: Subscribe to Stock Trading To Go and read it daily. This is by far the best way (in my opinion atleast ) to learn stock trading as a new investor. Check out the stock education archives for a list of nearly 100 great education articles and you will see what I mean.