The Wealth Hunter

Warren Buffett’s 10 Ways to Get Rich

Bill — Tue, 16 Sep 2008 12:00:42 +0000

During a week like this one – where the market is tanking, investment banks are failing and people are running scared – it seems like a good time to get back to basics Buffett Style. Yes, it’s time to check in with that ol’ investor Warren Buffett to find out a few of his secrets. Luckily [...]

Lehman and Merrill and A.I.G….Oh My!

Bill — Mon, 15 Sep 2008 18:16:34 +0000

OK, by now you know that Wall Street is in the middle of a major crisis – Lehman Brothers filed for bankruptcy protection, Merrill Lynch saved itself by selling itself to Bank of America, insurance giant A.I.G. is in dire need of an influx of about $40 billion to keep it “financially sound”, the Dow [...]

Invest Like a Horse Racing Bettor.

Bill — Mon, 11 Aug 2008 12:00:36 +0000

OK, maybe bettor isn’t the right word. But when you think of horse racing, you don’t think of investing. You think of betting, gambling, taking chances, getting some “action”. But on today’s TheStreet.com, Scott Rothbort wrote a great article about what investors can learn from horse racing. According to Scott, there are 5 things from racing that [...]

Buy & Hold? Quit & Fold? What Can You Do?

Bill — Mon, 28 Jul 2008 12:00:29 +0000

“Stay the course.” “Stick to your plan.” “Don’t make emotional decisions.” No matter what type of investor you are, the advice given above is usually pretty solid. And will usually keep you on track toward your goals. But then, in a down market like this, even those of us with the strong intestinal fortitude have to take [...]

Want to Become a Full-Time Investor? Here’s How.

Bill — Tue, 22 Jul 2008 12:00:29 +0000

I don’t know about you, but there are times when I think “Yeah, I can make a living just from investing in my portfolio.” Usually, those times are right after I close a great trade. But then I come back to my senses and realize that I probably don’t have all that it takes to be [...]

Americans in Debt: A Growing Problem.

Bill — Mon, 21 Jul 2008 12:00:15 +0000

We all know that managing debt is a big part of living a wealthy life. But what about those of us who don’t – or can’t – manage our debt? What happens to us? Well, there’s a great article on today’s NYTimes.com about Americans who are way in over their head in debt. And what they’re [...]

Money in the Bank: Is It As Safe As You Think It Is?

Bill — Thu, 17 Jul 2008 12:00:48 +0000

The term “Money in the bank” is usually used to describe something that’s safe. That’s a sure thing. That’s solid as a rock. That is, unless the bank you’re talking about is IndyMac. You see, this past weekend, IndyMac failed. Yup, it up and went under. And Uncle Sam had to come to its rescue in the [...]

Hybrid Funds: The Way to a Greener Portfolio?

Bill — Tue, 15 Jul 2008 12:00:07 +0000

In a market like this, we all could probably use more “green” in our portfolios. And I’m not talkin’ environmentally-friendly stuff. I’m talkin’ green as in Jeffersons, clams, greenbacks. OK, so how can we put more green into our pockets? Well, with hybrids, of course. In this case, we’re talkin’ hybrid funds. You see, hybrids are balanced [...]

The Good News Bear Market.

Bill — Mon, 14 Jul 2008 12:00:54 +0000

When I hear the phrase “Bear Market”, I shudder. I know that there’s a great chance that my portfolio will lose value. And that’s bad news in my book. But, not all the news in a Bear Market has to be bad. In fact, you can find good news in a Bear Market – it just [...]

Don’t Declare Bankruptcy.

Bill — Thu, 10 Jul 2008 12:00:44 +0000

I’m sure that you’ve read the articles that talk about how Barack Obama wants to pass laws that make is simpler for certain citizens to wipe away their debts. But beware of bankruptcy – no matter how simple it is – because it can hurt you for decades. Yes, decades! If you want the inside scoop on [...]