Tag: Investments

Is it better to rent or buy a home?

Post author By web gangsta
Post date June 18, 2020

Should you RENT OR BUY a home? That’s the question on everyone’s mind these days.

And the question isn’t always an easy one to answer – all sorts of variables come into play that make that decision different for each homebuyer. But sometimes it comes down to the answer to this one question:

WILL YOU CREATE WEALTH FASTER IF YOU BUY A HOME TO BUILD EQUITY *or* SHOULD YOU RENT, AND REINVEST THE MONEY YOU WOULD HAVE SPENT ON TAXES, INSURANCE, AND MAINTENANCE?

Luckily, somebody’s already done that work for you.

Tags Investments, money, Real Estate

News

What’s the average 401(k) balance?

Post author By web gangsta
Post date September 10, 2014

It goes without saying: if you’re not investing in your 401(k) retirement plan at work, you should be.

Everyone knows that if you start saving a little bit of money every paycheck from the time you start your career in your early 20’s, all that compound earnings and interest will lead to millions of dollars upon retirement.

Really – you CAN BE A MILLIONAIRE with just a little bit of effort.

Smartest 401(k) Book You'll Ever Read: Maximize Your Retirement Savings...the Smart Way!
Smartest 401(k) Book You’ll Ever Read:
Maximize Your Retirement Savings…the Smart Way!

Tags banking, Investments, money, Retirement

News

How Many People Do Not Take Advantage of Employer 401K Matching Contributions?

Post author By web gangsta
Post date August 13, 2014

What’s the first thing you looked forward to after landing your first job?

Getting that first paycheck, right?

And what’s the first thing your parents likely told you to do with that paycheck? Put it into the bank. Save that money for a rainy day. You’ll get married some day, or perhaps you’ll want to retire comfortably.

And then you got that note from Human Resources that said, “Congratulations! You’re now eligible to participate in the company’s 401(k) retirement savings plan!”

So what did you do, hotshot?

Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck
Money for Life:
Turn Your IRA and 401(k)
Into a Lifetime Retirement Paycheck

Tags Investments, money, Retirement, Save Money

How To

What would you do for a dollar?

Post author By web gangsta
Post date July 11, 2014

What would you do for a dollar?

It’s a fair question. Web Watch has offered $1 to many friends when they said they’d do “anything for money”. Apparently, it seems, a single dollar was not what they had in mind when they made the offer.

We say that if you’re going to offer to do anything for money, you should definitely lower your expectation of what dollar amount is going to be offered to you. What you think you’re worth may not be the same as what others believe.

Piggy Bank

Tags How To, Investments, money, Party Talk, Save Money

Gadgets Gambling How To Internet Websites

Here’s why you will never make money with Bitcoin

Post author By web gangsta
Post date December 12, 2013

There’s been a lot of press lately about the awesomeness of Bitcoin.

How Bitcoin is going to revolutionize the money system, and how this one currency is void of any possibility for corruption.

Yeah, right.

Bitcoin Exposed: Today's Complete Guide to Tomorrow's Currency
Bitcoin Exposed: Today’s Complete Guide to Tomorrow’s Currency

Tags banking, computers, gadget, Gambling, How To, Internet, Investments, money, website

Games shopping

Were Beanie Babies a Good Investment?

Post author By web gangsta
Post date July 20, 2013

When was the last time you went through the bins in your storage closet?

Web Watch is betting that you’ve probably squirreled away some things that you thought you’d keep for future kids or grandkids, or maybe you thought that “this may be worth something some day”.

Or maybe you just wanted to have more stuff. Hey, it happens.

So remember back when Pet Rocks were a thing? They sold like flapjacks, then everyone realized that all they have was a rock in a cardboard box. On the other hand, what originally sold for $3.95 can now be had on eBay for $11-$21 apiece, assuming that you have the original packaging. It’s not a ton of money, but you can’t deny that the price point has certainly increased over the past 30+ years since the Pet Rock was first introduced.

Warman's Bean Plush Field Guide: Values and Identification
Warman’s Bean Plush Field Guide: Values and Identification

Tags animals, game, Investments, money, shopping, Toys

How To Movies shopping Websites

How much money did Winthorpe and Valentine make with orange juice futures in Trading Places?

Post author By web gangsta
Post date May 27, 2013

One of the greatest comedy movies of the 1980’s was Dan Aykroyd and Eddie Murphy in John Landis’ classic TRADING PLACES.

For those of you too young to remember (or too old to recall, take your pick), the film was a twist on either My Fair Lady or The Prince and The Pauper (also, take your pick), with a little bit of The Sting thrown in for good measure. But where The Sting dealt with scamming money through horse racing, Trading Places did it by investing in orange juice futures

Tags business, How To, Investments, money, Movies, shopping

Websites

It only takes $47,500 to be in the Top 1%

Post author By web gangsta
Post date April 16, 2013

Everyone loves a little bit of competition.

Keeping up with the Jones, for example, can drive one to excess consumption at the expense of your credit card payments.

But maybe you’re putting too much pressure on yourself. Maybe, you’re a lot more rich than you think you are.

Tags credit cards, Investments, money, Save Money, website