Archive for March, 2008

Celebrate Earth Hour 2008–Lights Out!

On March 29, 2008 at 8 p.m., join millions of people around the world in making a statement about climate change by turning off your lights for Earth Hour, an event created by the World Wildlife Fund.Earth Hour was created by WWF in Sydney, Australia in 2007, and in one year has grown from an event in one city to a global movement. In 2008, millions of people, businesses, governments and civic organizations in nearly 200 cities around the globe will turn out for Earth Hour. More than 100 cities across North America will participate, including the US flagships–Atlanta, Chicago, Phoenix and San Francisco and Ottawa, Montreal, Toronto and Vancouver.

Just for fun, check out Google.com today.

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Can Investment Newsletters Help Me Earn More $$?

I saw an interesting Q&A post on CNNMoney.com.  Here’s the teaser:

There are plenty of gurus out there claiming they can beat the market, and they’re willing to show you how for a newsletter subscription fee of a few hundred bucks.  Are they worth it?

Click here for the answer to this question. 

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Want to “Increase Your Financial IQ”?

Robert KiyosakiI’m currently reading Robert Kiyosaki’s new book, “Increase Your Financial IQ”. This book is available through your favorite book retailers.

Check back later this week for my in depth review. In the meantime, here’s Kiyosaki’s quiz to test your financial IQ.

The key to becoming wealthy is:

Rich Dad’s Increase Your Financial IQ Quiz

What’s Your Financial IQ?

  1. Which of the following is not an asset?
    1. Gold
    2. The Corvette you bought for your 40th birthday
    3. A business
    4. Wheat

  1. On average, Americans save how much of their income?
    1. Enough to buy a new flat screen TV
    2. Why save when you own a house?
    3. They don’t save. They owe.

  1. A retirement plan that is paid for by your employer is known as a:
    1. Defined benefit plan
    2. A miracle
    3. Both

  1. What kind of income is the hardest to protect from financial predators such as taxes?
    1. The dividends that just got cut from the financial stocks you bought
    2. The $50 and rocking CD collection you inherited from your uncle Craig
    3. The forty hours worth of cash your company pays you for sixty hours of work

  1. What is the best way to create a budget surplus?
    1. Cut down on expenses by buying a fuel efficient car
    2. Get a higher paying job to make more money
    3. Saving and investing before paying your bills

  1. An example of leveraging your money is:
    1. Putting money in an interest bearing savings account
    2. Buying investment real estate with a bank loan
    3. Going to a local casino.

  1. The best way to invest is in a diverse portfolio of stocks, bonds, and mutual funds. True or False?

    1. Only having two scotches per night
    2. Buying high and selling low
    3. Selling the CD collection you inherited from Uncle Craig
    4. Increasing your financial intelligence

Click the link below to see the answers.

More >

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The Forbes List

Warren Buffet and Bill GatesForbes just released it’s “World’s Billionare” list.   Guess who is ranked #1 this year?  If you guessed Bill Gates, you would have been right in previous years.

The first place honor belongs to Warren Buffet.  Buffet’s fortune, according to Forbes, has swelled to $62 billion thanks to the performance of Berkshire Hathaway stock.  I salute Mr. Buffet considering he is giving most of his wealth to non-profit and charitable organizations.

Speaking of Berkshire Hathaway, the company released it’s 2007 annual report.   Buffet’s letter to shareholders is a definite must read for any entrepreneur or investor.

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