Most of us vaguely know the correlation between bonds and interest rates. But some of it is still a bit unclear, and many people do not know what to do when interest rates start to rise. The concept is actually pretty easy if we simplify matters a little. But first, we need to see what…
One of my favorite animated shows is Futurama. I just love the snarky critique of our culture. In episode 17 of season 6 the professor asks Bender the robot to fold his sweaters. But Bender is the laziest robot known to man, and he complains about having to do “one whole thing.” Naturally what follows…
There are two parts that make up personal finance. One part is the action; this is what most personal finance websites focus on, the how-to-save-more-money bit. But the other side of the coin is the psychology behind the action; many people ignore this aspect. When you are looking for ways to improve your financial health,…
October is breast cancer awareness month. This crippling disease hits home to many people throughout the world. By dedicating an entire month to being aware, people can learn to spot the early warning signs, and it lets them know that there are many ways that they can help. For those who may have been affected…
Online trading has revolutionized the stock market. Instead of being an obscure concept that seemingly only a select number of brokers in New York have access to, it is now available to anyone that is over 18 and wants to set up an account. There are a number of different platforms to do so; in…
Health insurance has made the headlines more times than anyone cares to count. Lately, with the recent rollout of the insurance exchange, it is making headlines even more. People realize that insurance is becoming more expensive as the years go by, but what many do not realize is that the cost of health insurance is…
Forty years ago when you bought stocks, you would visit your broker. He would then fill out a trade ticket and call it in. Your confirmation would be receiving a paper certificate showing that you were the owner of the stock. Twenty years ago you would still have to use a broker to buy your…