September 29, 2009 by Joe Lawrence
Recently, sources have revealed investors are dumping large amounts of money into Twitter. There has been much speculation and rumors that Twitter.com could be prepping for an IPO. Why else would companies dump $100 million into a company with zero revenue?
According to Bloomberg.com, the company is believed to be valued at $1 billion. The only rationale for valuing the company this high is if they are ready to unleash a massive revenue plan or if they are going public. Either strategy would require some type of plan to make some money for this social media company. The traffic is there...
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May 19, 2009 by Ronald A. Rowe

The CEO of AIG, Edward Liddy, says that the company 'has a plan' to pay back the $180 billion or so that the taxpayers paid to bailout the failing insurance giant. I have a cousin who borrows money (and tools, and a mattress, and... well, you get the idea), and he always has a plan to pay me back, too. I'm just about as trusting of AIG as I am of my cousin Leon.
To be fair, unlike Leon, Edward Liddy is not responsible for the mess in which he finds himself. Liddy was not the CEO of...
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March 31, 2009 by Ronald A. Rowe

Uncle Sam has decided to spend $850 Billion to stimulate the U.S. economy. Finding someone who can explain just what the money will be spent on is not an easy task. But one thing is clear - none of it is coming directly back to us, the taxpayers.
Say what you want about President Bush. I know a lot of people don't like him, and I do understand why. But put aside those feelings for a moment and consider this - twice during his presidency, the government sent money back to us. That is the only...
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December 23, 2008 by Joe Lawrence

My personal goal is to make every reader of this website financially secure. I want us all not to lay in bed at night and wonder how (or even if) we will pay our electric bill. Money is not the most important thing in our lives, but when we don't have it...our worlds crumble.
"Financially secure? Sure, if I made six-figures!" The truth is that it does not matter how much we make, it is our margin that matters. Basically, I am talking about living within our means. Take fish for example. For the most part, a fish will not grow...
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December 9, 2008 by Joe Lawrence

For the past decade people have been leveraging the equity in their homes for more credit. Housing prices, and the market in general, crashed, moving the fulcrum to a point impossible to lift like a fat kid on a teeter-totter.
Currently, we are weighed down emotionally in these tough times. Our money situation will take a huge portion of our time and thoughts, especially when the numbers are beginning to dwindle. The mutual funds we have been nesting are plummeting, and our homes are losing value. Is there anything safe left?
Yes, there is. It is time to get back to the...
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