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Tag Archives: economy
Billionaire Mark Cuban Says Only Morons Start Businesses with Loans
I think Mark Cuban must be a Financial Excellence fan. Say what you want about the outspoken owner of the Dallas Mavericks and self-made billionaire, but he brings up some excellent points in this interview. Especially his comment about being … Continue reading
Posted in Debt Free Business, Small Business, Video Posts
Tagged business, debt, economy, loan, Mark Cuban
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Why you Shouldn’t Listen to Economists’ Predictions When Investing
Many of you know I’m back in school studying for an M.B.A. One of the core classes for the degree is economics, which I’m taking right now. I learned something the other day in economics class about some common fallacies … Continue reading
Posted in Building Wealth, Personal finance, The Economy
Tagged economist, economy, forecast, future, Investing, politics, prediction
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Friday Money Funnies: Wish I Was an Economist at CNBC
Funny clip from the Jon Stewart Show blasting CNBC’s predictions on the economy’s outlook. It’s pretty funny, but sadly this extends to a lot more than just CNBC. There only two jobs in the world where you can be wrong … Continue reading
Posted in Money Funnies, The Economy, Video Posts
Tagged bad economy, CNBC, Daily Show, economic downturn, economist, economy, financial advice, Jon Stewart
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U.S. Car Sales Down 21% in August (And That’s Good!)
I couldn’t help but comment on this one. The big headline this week is that auto sales in the U.S. are down 21% compared to August of last year. Sounds like a reason to panic, doesn’t it? Well I’m not … Continue reading
Posted in The Economy
Tagged August 2010 Auto sales down, auto industry, auto sales, car industry, car purchases, consumer spending, detroit, economy, recession, US auto sales
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This Bad Economy and Great Recession are Good For Us
Did you know the personal savings rate is up over 6% as of July 2010? That’s nearly triple the lows of less than 2% in the last three quarters of 2007. This means that when the economy nose dived into … Continue reading
Posted in Saving Money
Tagged bad economy, economy, Great Recession, recession, unemployment
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Congress Spends Like Drunken Sailors so Why Can’t We?
In 2001 when George W. Bush took office, the national debt was $5.7 trillion. In his eight years as President, Congress managed to increase that debt to roughly $9.8 trillion. I say roughly because is depends on the date you … Continue reading
Posted in Politics & Government
Tagged Congress, economy, government, national debt, overspending, recession, spending
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How I Survived Losing My Job – and Thrived!
Written by Matt Wegner, Founder and Lead Counselor, Matt Wegner Financial Coaching, www.financialexcellence.net Losing a job can be a very scary event in one’s life. Nobody wants to go through that situation. No matter how the employer sugar coats the … Continue reading
Posted in Career Development, Leadership, Personal finance, Small Business
Tagged Career Development, economy, job loss, Small Business, unemployment
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Running the Distance
If you’ve watched the news in the last three to six months, you’ve likely heard more than your fill of how bad the economy is and how bad investments are these days. It’s a bear market and nobody is investing because everything is so bad. But did you know the stock market is actually up more than 28% in the last seven weeks? Continue reading
Posted in Building Wealth, Personal finance
Tagged Dow Jones, Dow Jones Industrial Average, economy, invest, Investing, stock market
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The Roller Coaster Effect
The down market may actually be the best time for your to invest for the long term. Take advantage of other investors’ panic to buy low and sell high – what a novel concept! Continue reading
Whose Boat Are We Bailing?
The government’s bailout plan seems to endorse borrowing more so we can borrow more. When will politicians figure out that we can’t dig our way out of a hole? Continue reading
Posted in Personal finance
Tagged Bailout plan, economic bailout, economy, government bailout
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