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  • How Much Would You Pay For Your Dream Job?

    September 15, 2011

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    Jon

    Dream JobHaving a job is a necessary reality for the majority of us.  For many it’s a means to an end, a way to support themselves, their family.  It covers the bills, puts food on the table and a roof over their head.  Where the best part of the week is getting home or the weekend.  How many can actually say they are working their dream job?  And if they can’t, what would it take to get the opportunity?  The reason I ask all this is a story I came across earlier in the week.

    The Story

    It is surely unprecedented for a person to spend $5,252,722 to get a job, but in a funny way, that is precisely what Ted Weschler, of Charlottesville, Virginia, did. The details, in all their improbability:

    Every year, Glide, a San Francisco church and mission, is the beneficiary of an auction in which the prize for the top bidder is a private lunch with Buffett.

    Continue Reading…


  • Using Everyday Purchases To Find Stock Investments

    September 13, 2011

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    Jon

    Investing Based On Product UseThere are many reasons people choose to avoid stock investments.  With so many stocks to choose from finding the right ones to invest in can be overwhelming.  Even knowing where to begin can be difficult.  But it shouldn’t be.  Finding potential stock investments abound everywhere and can come from the most unconventional sources including your own mutual funds.

    Who really wants to spend hours on end pouring over pages upon pages of financial statements and stock screeners.  It’s not even my idea of a good time.  So, instead of thinking big we need to minimize the entire process, cut out the fat, and get to the good stuff.

    Invest In What You Know

    I’m a big believer in the Peter Lynch philosophy of investing in what you know.  So what better place to start then by looking through your monthly budget, bills, shopping bags, grocery lists, favorite products and favorite stores.  You could even expand it to include things at work.  The one thing you’re an expert at is the products and services you use every day. Continue Reading…


  • Is It a Jobs or Regulation Problem?

    September 8, 2011

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    Jon

    Jobs or RegulationThe jobs number came in last week way below expectations.  With a big drop in the government sector.  Mostly at the state and local level.  Mark it down as a continued side effect when the budget and debt become political fodder.  But trying to jump start a faltering economy with government layoffs is a bit backwards.

    All this puts jobs and unemployment as the political talking point.  With everyone putting out a grand scheme to “fix the problem.”  So what are the chances that Washington will be able to push any type of job growth legislation through?  Will it actually be beneficial for long term job growth or just enough to tide us over till elections?  And lastly, is it really necessary? Continue Reading…


  • 2011 Summer Tax Tips

    August 24, 2011

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    Jon

    Back to School Tax TipsI’m a big believer in the idea that as tax payers, it is our civic duty to pay the lowest taxes possible.  I’m not suggesting tax evasion, jail time shouldn’t be a possible side effect here.  But if the tax system offers a possibility to lower your taxes, take advantage of it.

    If you disagree, you’re more than welcome to donate as much as you like.  I use Turbotax to keep mine as low as possible.  That’s because the over complexity of the current tax system it’s nearly impossible to keep up with all the yearly changes.

    So with that in mind, here are two potential tax savings opportunities to keep in mind come tax time.  The first, if you’ve had to move due to work, you may be able to deduct some of those moving expenses.  The second, with the annual back-to-school exodus, there are several credits and deductions available that may help offset those yearly costs. Continue Reading…


  • Mutual Funds: Another Resource For Finding Great Stocks

    August 18, 2011

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    Jon

    There are many ways you can go about finding great quality stocks.  You could use newsletters, newspapers, business channels, or screen for stocks.  Some of those can become a bit overwhelming, which is why research sites come in handy so often.  You go through their recommendations, read the how’s and why’s, and decide if you want to invest or not.

    The goal, here, is to find unconventional sources that offer a glimpse of stocks that could make you money.  One of those options is to use mutual funds to find great stock recommendations.

    Most mutual funds are actively managed.  Each is set up to specifically fit into a unique category (i.e. Dividend Income, Small-Cap Equity, Equity Income) or sector (i.e. Energy, Health Care, REIT).  The fund managers and staff behind them are paid to research and invest in the best stocks that fit those categories.  Finally, a mutual fund is required to report it’s holdings and finding that information is as easy as heading to the fund company website.

    The “Top 10 Holdings”

    A good place to start is at a mutual fund company’s website, which should contain all the information you need and more.  You can go through each mutual fund individually to find stock ideas or head directly to a specific fund if you already know the type of stock you’d like.

    Read through the description of the fund, to make sure it fits your investment strategy and then head to the “Top Ten Holdings” section which can be found in the summary.  This is exactly what it sounds like, the ten largest holdings in that fund.  But it should also have a “% of total assets” and “as of date” listed as well.  Both are very important. Continue Reading…


  • Breaking News! Market Trends Higher Long Term

    August 9, 2011

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    Jon

    After decades of study, our research shows that the stock market actually does go up from time to time.  In fact it has been happening since at least the 1930s, possibly earlier.  We have yet to find an infinitely downward moving market, but we’re still looking.

     

    Don’t Minimize The Long Term

    Watching the news, there’s a tendency to lose sight of the big picture on your investments.  For most of us, our investing strategy doesn’t have a time span of minutes, hours, days, or even weeks.  It’s usually a much longer time horizon of years or decades for some.  Which is easily overlooked when the market drops 500 or 1000 points in a day or two. Continue Reading…


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