Archive for the ‘Investing’ Category

Speculating is not Investing

April 12th, 2009 by Brad Harbach   3 Comments »

Throughout this economic downturn I have read countless articles detailing people’s personal struggles that have been a result of substantial investment losses they’ve incurred. These articles all carry the same theme: “I am getting screwed by the MAN”. I have little sympathy for the small investor (read you and me) who makes fundamental investment mistakes and then places blame on the government and corporate big wigs for ruining their life.

Let’s use an example from Saturday morning’s WSJ to help me explain…

[Read More...]

The last year has been a financial mess - What do I do now?

April 8th, 2009 by Brad Harbach   waiting for comments...

The WSJ ran a good article on Tuesday offering five simple do’s and don’ts that we should all focus on to ensure we run a stable course during these complex economic times.

DO
1) Reduce Your Expensive Debt
2) Get on a Budget
3) Guard Against Inflation
4) Have a Stock-Market Strategy
5) Preserve What You Have

DON’T
1) Don’t Bury Your Money in the Backyard
2) Don’t Chase Returns
3) Don’t Abandon Diversification
4) Don’t Stop Saving for Retirement
5) Don’t Ignore Common Sense

[Read More...]

FREE MONEY, Seriously

March 30th, 2009 by Brad Harbach   2 Comments »

Eric is back again this week for his second (of many to come) guest post. Although last weeks post about how to keep your mouth cool was an entertaining piece, this week Eric has decided to get serious and focus on helping everyone find some FREE MONEY.

FREE MONEY, Seriously
by Eric Harbach

I try hard to save and invest, but I can’t invest all of my money because I need to keep some extra cash on hand to pay for my daily…

[Read More...]

How much money do you make a year to do what you want with?

March 28th, 2009 by Brad Harbach   waiting for comments...

How much do you make a year? For 91.9% of us a number immediately flashes into our heads when asked that question. Try this one. How much money do I have for discretionary spending this year? The majority of people can not answer this. This is troubling to me. If you don’t know how much money you have this year to spend on discretionary items such as bars, travel, dinners, electronics, clothing, etc… then how do you know what you can and…

[Read More...]

Time for Value Investing

March 9th, 2009 by Brad Harbach   waiting for comments...

Today’s guest blogger is a friend of mine who also happens to work at Accenture in Chicago. Dhaval is a very hard working guy who I’ve had the opportunity to share many intellectual conversations with while being stranded in terminal 1 at the Cincinnati airport due to the often excessive wind and snow in Chicago (we both traveled extensively to Cincinnati last year). I’ve asked him to share with us his thoughts on how to deal with the current financial mess and…

[Read More...]