Tag: debt

The College Debt Trap

From time to time I will do a financial post on this site. These posts are not about getting rich. They are usually about minimizing risk and not doing something dumb. Using debt to finance college used to be a … [continue reading]

Before Racing Back to College To Pile On More Debt

I know several people who¬†are using the recession as an opportunity to pile up more student loans and get yet another college degree. Most are intelligent and qualified to do whatever they want but think they are incapable because … [continue reading]

Debt and Leverage

In the article Wall Street on the Tundra, financial writer Michael Lewis can brilliantly summarize the roots of the economic meltdown in just three sentences.

When you borrow a lot of money to create a false prosperity, you import

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Investing 101 – Before You Invest

Considering last week was my most profitable week ever investing, it wasn’t surprising that a few people approached me with questions on investing. It should be noted that although I’m doing great right now, I was dead wrong on equities … [continue reading]