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Why the Rich Respect the Penny Print E-mail
(5 votes, average 4.80 out of 5)
Personal Finance - Investing
Written by Ahmed Amr   
Wednesday, 16 June 2010 04:00
You’ll see them almost everywhere you go. No matter how far from the beaten path, you’ll find them dickering over a dollar at the Thieves Market in Mexico City or negotiating over a few pennypesos with a street vendor in Ensenada or Marrakesh. It’s all in good fun - at least that’s what they’ll tell you. Or is it? What motivates rich tourists to drive hard bargains over some cheap trinket or original piece of art? The simple answer: they can’t help themselves. It’s an acquired habit that permeates their daily lives and it’s a matter of personal pride.
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7 Extreme Measures That Wouldn't Even Balance the Budget Print E-mail
(10 votes, average 4.40 out of 5)
Personal Finance - Investing
Written by livecheap staff   
Wednesday, 09 June 2010 06:31

Americans used to talk about the goal of balancing the Federal Budget. Just a decade ago, that debt_clockbriefly became a reality. Even after that with $150 billion dollar deficits, there were always realistic options that could have closed the gap. No longer. If you ever wanted to know what would actually have to happen to curtail our ridiculous accumulation of debt, here's 7 extreme measures that individually still wouldn't balance the budget.  That's how ridiculously in debt we really are.  Read this article to find out how you would be affected.  It's not pretty.

Read more: 7 Extreme Measures That Wouldn't Even Balance the Budget
 
8 Reasons to Think Twice About Becoming a Landlord Print E-mail
(9 votes, average 4.22 out of 5)
Personal Finance - Investing
Written by Omie Ismail   
Tuesday, 08 June 2010 03:34

We all would like a little passive income on the side. With property prices on the decline, it’s real tempting to go out there and acquire an extra property or two and rent them out. These days, there’s a lot of coCondosndos and town homes on the market that will cash flow from day one - if you manage it properly. Go back and read the last five words in that sentence - “if you manage it properly.” Rental real estate is not a passive investment - you have to be on top of it. While rental income can create a fantastic stream of money over time, before you take the plunge, read these 8 points. They may convince you that becoming a landlord isn't for you.

Read more: 8 Reasons to Think Twice About Becoming a Landlord
 
5 Attributes of the Ultra Successful Print E-mail
(21 votes, average 3.86 out of 5)
Personal Finance - Investing
Written by Omie Ismail   
Monday, 07 June 2010 04:01

Ever wonder why some people become financially successful while others seem to struggle their whole lives? Two people with similar backgrounds and opportunities will start at the same line and one will end up a successmulti-millionaire by 40 and the other struggles to pay his bills. You don't need an Ivy League degree or for that matter any college degree to be very successful. What's really important is how you view the world and how you plan for success. While the is no secret formula that you can mimic to magically become an overnight success, here are five common attibutes of the ultra-successful:

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12 Ways I Could Have and Should Have Saved Oil and Money Print E-mail
(8 votes, average 4.13 out of 5)
Personal Finance - Investing
Written by Ahmed Amr   
Thursday, 03 June 2010 03:29
In what has been called the worst US environmental disaster in history, BP now estimates that it bpwill take another 60 days to contain the Gulf oil well that is gushing out at a rate of about 500,000 to 800,000 gallons a day. If they turn out to be right, it means another 50 million gallons will pour into the Gulf. So by the time they contain it, as much as 80 million gallons will spill - seven times more than the 11 million gallons of crude spilled by the Exxon Valdez in 1989. All fingers are pointing to BP, but before you cast a stone, do what I did, take a look at how you helped in this debacle.
Read more: 12 Ways I Could Have and Should Have Saved Oil and Money
 
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