What is Asset Allocation & Stock Investment Diversification – Definition & Strategy

diversification eggs basketWhat is diversification and why should you care about it?

Essentially, diversification is not putting all of your eggs in one basket when it comes to investing. There are several ways to look at it, but the key is that you are investing in different types of assets. That can mean investing in different asset classes as well as having a variety of types of stocks.

So, where should you focus when it comes to diversifying your portfolio and determining your personal investment portfolio asset allocation?

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10 Fun Valentine’s Day Activities and Crafts Ideas for Kids and Couples

mother daughter valentines day cookingIn the past, I always thought of Valentine’s Day as a holiday that celebrated romantic love. Fancy dinners at expensive restaurants, jewelry and diamond rings, chocolates, flowers, and proposals are the things that came to my mind. However, as I’ve gotten older, I have realized that it’s not just about romantic love. Valentine’s Day is about all of the forms of love you share with your family, friends, and humanity.

This year, instead of Valentine’s Day being all about me and my husband, I am going to celebrate and honor all those I cherish in my life.

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Secrets of a Stingy Scoundrel Book Review – 100 Dirty Little Money-Grubbing Secrets by Phil Villarreal

Book Giveaway: Read this review of Secrets of a Stingy Scoundrel, then leave a comment with the most low-down or annoying thing you’ve done to earn or save money. Best story wins a copy of the book! Deadline for submission is this Friday – February 11, 2011.

secrets of a stingy scoundrelDo you ever feel like there’s more you could do to be frugal and save money? Perhaps you’ve taken to rinsing and reusing sandwich baggies, or cutting up old clothes for cleaning rags.

But unless at least 20% of your daily calories come from stolen condiments, according to Phil Villarreal in his book, Secrets of a Stingy Scoundrel: 100 Dirty Little Money-Grubbing Secrets, you aren’t doing nearly enough.

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The Way We Pay in America – Most Popular Payment Methods, Federal Reserve Payments Study 2010

girl shopping credit cardWhat’s the first thing you look for when you get to the cash register and dig into your purse or pull out your wallet? Are you still writing personal checks, do you whip out a plastic card, or is it cold hard cash?

If you’re like the majority of Americans, you probably pay with some type of electronic payment. According the Federal Reserve, more than three-quarters of all non-cash payments are now electronic. That includes credit, debit, prepaid cards, ATM and Automated Clearing House (ACH) payments.

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Work From Home Scams List – 5 Fake Illegitimate Jobs & Opportunities to Avoid

computer hacker scam

Telecommuting and virtual offices are becoming more popular, but unfortunately, unemployment and underemployment are still very common as well. With the two worlds colliding, people looking for work or extra cash are becoming increasingly vulnerable to work from home scams and get rich quick schemes.

When trends like these emerge, new scams surface to take advantage of people — trying to rob you while you’re just trying to make a living. You might think you’re smart enough to detect obvious scams and ignore them, but schemers have mastered manipulation techniques. They know exactly what to say to victims to get in your pockets. By staying on top of the latest specific scams and signals, you can stay out of trouble.

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Health Insurance Fraud & Scams – 4 Warning Signs to Watch Out For

crazy mad doctorHealth care reform may give hope to millions of uninsured Americans. They’re waiting eagerly for their chance to get affordable health insurance coverage for themselves and their families. At the same time, unfortunately, schemers and crooks are willing to take advantage of uninsured people’s vulnerabilities and exploit them by offering bogus insurance policies.

Scam artists follow the news and understand the public’s hopes and expectations. When they try to manipulate people, they often use popular terms and buzzwords like “Obamacare” and “health care reform.” Just dropping these words often helps them gain trust and credibility with their victims.

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Is Silver a Good Investment? Analyzing Historical & Current Silver Price Forecasts for 2012

investing in silver coinsSilver fell to $10 lows in 2008 and rocketed to almost $31 highs at the end of 2010.

So, what are some silver price forecasts and predictions for 2012?

Let’s look at both sides of the freshly minted coin to study heads and tails of this issue.

Reasons For a High Silver Price Forecast

Silver bulls have an easy argument rooted in simple economics: supply and demand drives market prices. What happens when supply goes down and demand goes up? Prices skyrocket!

Here are a few things that affect supply and demand in this market:

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Personal Finance Round-Up: Now Is the Time for Change, But How?

Every once in a while, everyone wants to make a major life improvement. That longing for change can be created by many things: bad health, bad relationships, bad jobs, or bad money habits. I use the term “bad” loosely, because even mildly bothersome aspects of life can drive people to seek big changes, especially in finance.

I believe that what we think has a lot to do with what becomes reality. When I’ve tried to lose weight, just making an effort to think about losing weight caused me to be more conscious of what I was eating and how much I was working out. The same goes for money. When I’m thinking about being better with money, I find myself being better with money. The power of thought itself in creating change is invaluable.

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Setting Your Long Term Personal Financial Goals – Examples & Planning

financial goalsJanuary 1st has come and gone, and those New Year’s resolutions you made are now a fading memory (admit it, the number on your scale probably hasn’t budged).

But the year’s not over yet, and it’s not too late to set new goals – and actually stick to them.

Here are 5 financial goals that everyone can achieve, as long as you have a plan. If you haven’t already, check out the money moves you should make at the beginning of each year. Those will all apply here as you get started on your renewed goals.

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3 Basic Factors to Consider When Buying a Stock: Price, Intrinsic Value & Enterprise Value

stock price analysisNew investors may be a little tepid about investing in the stock market. After all, buying a stock can seem really scary because there are so many things to keep track of.

To help you get a better understanding of the stock market, take a look at these 3 key factors to consider before making any investments in a company stock.

1. Price

Price is the number one factor to consider when you’re making any investing decision. It doesn’t matter if you’re buying a stock, bond, mutual fund, commodity, or real estate. The price that you pay for an investment will determine whether it is a winning or losing bet. Here is a perfect example to illustrate that point.

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