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Saving Face for Buy-and-Hold Investing

by Flexo

Two years ago, Michael Brush from MSN said, like many other financial columnists, that the buy-and-hold investment strategy, or the long-term efficacy of that approach, is a lie. This echoed a lot of the prevailing popular thinking at the time. The stock market was at an all-time low. People who believed in buy-and-hold investing, which ... Continue reading this article…

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Podcast 96: Product Downsizing and The Death of the American Investor

by Flexo

The first guest on today’s episode of the Consumerism Commentary Podcast are Tod Marks, senior project editor at Consumer Reports and author of the Tightwad Tod column. Host Bryan J Busch talks with Tod about consumer product downsizing and price increases in 2011. After the break, Bryan speaks with Nico Willis, author of Death of ... Continue reading this article…

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Best Buy’s Buy Back Program

by Flexo
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The consumer retailer Best Buy has found a way to lock customers into tighter relationships. The company’s rewards program may no longer the attraction it once was, so the company is introducing a benefit that will encourage shoppers to come back to the store. It also encourages the product upgrade philosophy, something that cell phone ... Continue reading this article…

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3 Aspects of Your Finances You Can Control

by Flexo
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Some things are beyond our control, and having a happy and fulfilling life requires accepting those things we cannot change. It’s possible, however, to control more than we believe we can. Right before I first started on my journey of getting my life and finances in shape, I left a low-paying job that depleted my ... Continue reading this article…

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Open a Yuan Bank Account in New York or Los Angeles

by Flexo

If you visit the Bank of China’s branches in New York or Los Angeles and bring two forms of identification and your cash, you have the opportunity to open a savings or money market account denominated in yuan (renminbi), the currency of China. The interest rate you’ll earn is low, but that would not be ... Continue reading this article…

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OptionsXpress Review and $100 Cash Bonus

by Flexo

Although OptionsXpress is a discount broker that focuses on trading options and other derivatives, this discount broker is also worth a look for the more traditional trading of stocks and ETFs as well as investing in an IRA for little or no fees. Right now, the discount broker is working to attract new customers. For ... Continue reading this article…

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4 Ways to Retire Early by Cheating

by Flexo
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Save for the last few years, the extreme early retirement movement was gaining momentum. If the American Dream was homeownership, saying, “See you!” to your boss with a more colorful word choice was the American Daydream. Who wouldn’t want financial freedom at age thirty, spending the best years of one’s life doing only what they ... Continue reading this article…

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50 Cent Plugs Stock to 3.8 Million Followers on Twitter, Stock Soars

by Flexo
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Here’s a fun experiment. You don’t need many materials, just a little bit of work. Here are the steps: Create a huge following on Twitter. Put your money into a little-known stock with low trading value. Write several messages on Twitter to almost 4 million followers about how good the investment is. Watch the valuation ... Continue reading this article…

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