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6 Stock Market Investing Tips & Guide for Beginners – Checklist

By Michael Lewis

stock market chartBernard Baruch, known as “The Lone Wolf of Wall Street,” owned his own seat on the New York Stock Exchange by age 30 and became of the country’s best known financiers by 1910. Mr. Baruch, while a master of his profession, had no illusions about the difficulties of successful stock market investing, saying, “The main purpose of the stock market is to make fools of as many men as possible.” According to Ken Little, author of 15 books on investing and personal finance topics, “If you are an individual investor in the stock market, you should know that the system stacks the deck in its favor.”

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What Is Nanotechnology – Examples, Future Applications & Risks

By Michael Lewis

nanotechnologyIn 1959, physicist Richard Feynman predicted a future in which scientists would, by manipulating atoms and molecules, be able to build materials and structures of higher strength, lighter weight, increased control of the light spectrum, and greater chemical reactivity.

Everything of a physical nature – human beings, plants, minerals, air – is composed of combinations of atoms and molecules bound together either by shape or electronic charge. Manipulating atoms on a nano-scale would theoretically allow humans to reproduce everything from diamonds to food.

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10 Bad Financial Habits You Need to Break to Get Out of Debt

By Jacqueline Curtis

debtWe all have our creature comforts – those habits that, for better or worse, we indulge on a daily basis. However, while a regular morning latte or a new pair of shoes might seem harmless, you’ve got to consider their effect on your bottom line. A dollar here and a dollar there add up over time – and, despite your efforts in other areas, they could be one of many reasons you’re still mired in debt.

Those of us who find ourselves experiencing chronic debt problems often share similar behaviors and financial habits. If you catch them early enough, you can avoid trouble. But even if you’re already in the red, recognizing and adjusting these behaviors can help you get back on track.

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What Is Your Investment Risk Tolerance – Definition & Questionnaire

By Michael Lewis

risk toleranceThe consequences of “financial risk” became apparent to many investors during the a two-year period from 2007 to 2009. The stock market (as measured by the Standard & Poor 500) plummeted from 1562.47 on October 10, 2007 to 752.44 on November 20, 2009. As a consequence, more than one-half of the retirement savings of many people were lost.

Many investors had saved money for years in order to enjoy a comfortable retirement – but as a result of the decline in stock values in that two-year period, workers were forced to delay retirement or accept a significant decrease in their expected standard of living. The S&P 500 did not regain its previous high level until the first week of April 2013.

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How to Find & Choose a Financial Advisor – 7 Things to Consider

By Michael Lewis

financial advisorChoosing a financial advisor is one of the more difficult tasks that a person will make. If the choice is made correctly, the benefits are incalculable. But if the choice proves to be wrong, the results can be disastrous for you and your family.

The following tips are intended to help you identify, evaluate, and choose a financial advisor that is familiar with the problems you face as an investor and can help you achieve your financial goals. With his or her knowledge of your personality and risk profile, your advisor can guide you safely through the morass of choices to those most likely to lead to success.

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10 Best Cities for Food Trucks and Quick, Cheap Eats

By Brian Martucci

food truckSome parts of the country have a longer relationship with food trucks – or their predecessors – than others. The first mobile kitchen, the chuckwagon, catered to cattle drivers on the High Plains of Texas and Oklahoma from the mid-19th century onwards. In urban areas, the first food carts sold hearty meals to third-shift workers, long after regular restaurants had closed for the night. New York’s ubiquitous hot dog carts are remnants of this past as well. And starting in the mid-20th century, taco trucks – serving cheap, homestyle food to the region’s booming Latino community – appeared in southern California cities.

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9 Reasons to Break Up With Your Bank – When Changing Makes Sense

By Jacqueline Curtis

bankMy husband and I have been mulling over a refinance over the last few months. Our mortgage was rolled over to Chase when Washington Mutual folded, and I’ve never really enjoyed the service. The clincher came when I called Chase to talk about options and interest rates. I did my homework: I checked rates online, pulled my credit report, and ran a quick home valuation so I could approach Chase with solid numbers. Unfortunately, the rate they offered me was nowhere near their best.

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6 Best Low-Risk Investments as You Near Retirement

By Michael Lewis

retirementWith age comes wisdom – or, at least, so those of us who are approaching the age of retirement hope. For many people, wisdom includes the recognition that prices of assets can go down as well as up, especially in the short-term. In addition, experience shows that markets do not always reflect underlying values, driven in the short-term more by emotion and psychology than by logic. History is full of companies who have gone public and enjoyed soaring stock prices, only to go bankrupt in the harsh light of economic reality.

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12 Ways to Volunteer Your Time and Give Back to the Community

By Michael Lewis

volunteering at a hospitalDo you feel a personal responsibility to help others? Randy Lewis, author of “No Greatness Without Goodness,” claims that all people, including businesses, have the responsibility to make the world a better place. In his case, he spearheaded a Walgreens initiative to hire the disabled. In the five years following his initiative, similar programs were sparked across America and Europe.

In June 2014, Starbucks, the ubiquitous coffee cafe, announced a free online college program through Arizona State University for any employee working 20 or more hours per week. Duncan Campbell, an Oregon entrepreneur, started Friends of the Children to provide emotional and educational support to at-risk children, starting with kids in kindergarten and progressing with them through college. Of the kids involved, 83% graduate high school and 93% avoid juvenile hall for breaking the law.

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3 Benefits of Downsizing Your Life and Living Lean

By Michael Lewis

live leanAmericans born after World War II have grown up in a culture that seems to promise them everything. The greatest economy in history was built, in part, by creating an insatiable demand for “more.” Unfortunately, however, its consequences can be measured in part by an unmanageable national debt, the approaching scarcity of many natural resources, increasing class conflict, and the high degree of stress and unhappiness of society at large.

Many retirees, as well as those who hope to retire within the next decade, are discovering that their resources may not be able to provide the lifestyle they’d anticipated. For some, there is little alternative except to severely cut back expenditures and lower expectations. For those who have not yet reached those years, there is another option: living lean.

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Is Dental Insurance Worth It? – Affordable Plans, Types & Alternatives

By Michael Lewis

dental insuranceParents spend thousands of dollars on orthodontics to ensure their children have what’s arguably the clearest physical indication of prosperity: a straight, white smile. George Washington was certainly prosperous, but he also endured the agony of poorly fitted wooden dentures for much of his life. And James Brown, the Godfather of Soul, claimed that if a man had his hair and teeth, he had it all.

It’s not surprising then that an entire industry is devoted to keeping our teeth healthy, clean, and attractive. Aside from a big boost in self-confidence, the condition of your teeth plays a major role in your overall health. As with many things, many people are willing to pay for those benefits. But is purchasing dental insurance the best way to go about doing it?

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What Is Credit Counseling – How Debt Management Plans Work

By Brian Martucci

credit counselingThere are a number of reasons people get into debt. Whether you’ve dealt with insufficient income and mounting bills for years, or face a new, unexpected challenge such as a big medical expense or a lost job, it can be frustrating to watch the interest pile up on your unpaid obligations – and to wonder how you’re going to make ends meet each month.

A billion-dollar industry, led by nonprofits and government agencies as well as for-profit companies, exists to help Americans address their debt problems. Some of the services available to folks who struggle with debt include loan refinancing, debt consolidation loans, debt settlement services, and credit counseling.

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How Technology Is Effecting Society and Ushering In a New Era of Manufacturing

By Michael Lewis

technologyTechnology has been both a boon and a curse throughout history, upsetting the apple cart of the established order with new opportunities for some and great losses for others.

Consider the impact of the automobile, first on the horse and buggy industries, then on railroads. Television almost destroyed the movie business until the more creative people adapted. eBooks currently threaten longstanding bookstores and traditional publishers. The pace of technological advance has accelerated during the last half-century, challenging cultures, societies, and individuals to adapt to the new environment.

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14 Best Freelance Websites to Find Jobs Online

By Brian Martucci

freelancerFreelancing is in vogue. Established firms remain slow to hire full-time staffers, preferring instead to work with temporary or contract workers they don’t have to entice with benefits – and with whom it’s easier to cut ties when projects are completed. As a result, a rapidly growing cohort of startups is leveraging on-demand freelance labor like never before. An entire cottage industry has emerged to provide guidance for these workers in the U.S. and abroad.

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What Are Debt Consolidation Loans – Benefits, Risks & Alternatives

By Brian Martucci

debt consolidationDealing with debt can be a frustrating, emotionally taxing experience. Whether you carry high credit card balances, persistent medical debt, or a crippling mortgage, your financial obligations can interfere with your ability to live a balanced life. If you feel like you just can’t pay off your debts on your own, you may be considering an option that has provided relief for hundreds of thousands of other Americans: a debt consolidation loan, also known as a refinancing loan.

These loans can be a big help to borrowers who owe significant money – but they do come with risks. It’s important to understand the drawbacks and consider all your alternatives before deciding if a debt consolidation loan is right for you.

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