"A place to trade ideas on a number of different topics!"
Sep
22

Four Part Radical Guide to Paying Off Debt and Saving More

This is part one of a four part series. For the first part, I’m going to go over general ways to save or be efficient with your money. The following sequels will detail specific topics briefly covered in this general post. The purpose of the Radical Guide to Paying Off Debt is to help you meet crazy financial goals, like paying off tens of thousands of dollars in debt within a year. Some of these suggestions might not be able to be sustained for more than a year or two, but after a year of practice, you may find you

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Sep
19

Copying the competition doesn’t work

Every businessman wants to be successful, no matter what field they are in. Businesses usually get better because they do a number of things right like customer service, marketing, sales, accounting, develop great products, hire the right people, etc. One thing I see businesses do frequently is copy the competition. Does this work? I don’t think so, but anyone can make an argument. Look at Apple and what a great company they are. Samsung has copied them for years, just like other major tech companies have (Microsoft, Google, etc.). These are powerhouse companies, and their success to having duplicated anything

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Sep
18

Investing in emerging markets

Investing in emerging markets stocks are akin to investing in penny stocks. Even though you have short term history, there is still a great unknown about the potential upside. You are taking a risk that growth will continue and the emerging economy will prevail over the difficult and tumultuous world climate. But that upside is very tempting and, indeed, if you as an investor do your homework you can minimize the potential risks while reaping great rewards. There are a few things I like to do before emerging in emerging markets, I always tend to look at the country’s GDP.

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Sep
17

Advantages of a limited liability company

By forming an LLC instead of a corporation, you get all the profits of forming a corporation but you avoid a few risks that you would run into if you formed a corporation. When you form a corporation, you subject yourself to double taxation and excessive paperwork. Both of those displeasures can be avoided if you form an LLC. There are many different types of companies you can start (i.e. S Corporation, LLC, C Corporation, etc.) and while it really does depend upon your situation of what type of corporation to start, I like the LLC the best for several

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Sep
16

How to dig yourself out of credit card debt

You need credit card debt help when you start feeling like you are in an economical jail. Then later, you can no longer do your normal activities such as go out to eat, pick up a new clothing collection, or even go to a film without having to worry about increasing your credit card debt or using cash that could have been used to pay down your bank cards debt. Credit card debt is the main cause of over one million bankruptcies every year. The reason is that many people get a credit card without reading and understanding the terms

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Sep
15

The risks and advantages of buying a house

The many benefits to buying have been well promoted. There are a ton of benefits to buying the right home in the right place. You can make additions to it, remodel it, and increase it’s value while living in it. One thing my wife and I have done in our current place is added new hardwood floors to all of the rooms, remodeled the bathroom completely making it more modern and immaculate, and remodeled the kitchen completely with all new appliances, new tile floors and bran new appliances. Recently, we have paid off the place in full and plan on

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