Dear Reader, You might have recently notice that my posting frequency has decreased somewhat. I have been spending a significant amount of time analyzing data and preparing for an upcoming presentation for Wednesday. I wanted to say thank you so much for reading our site and to let you know how much I appreciate your… Continue reading Hello Watson Inc Readers
Deleveraging Your Life
By: Roshawn Watson The US economy has turned a new page. Despite the bailout passing in Congress, there are serious concerns that consumers and businesses will undo “more than ten years of a credit boom.” Many cash-strapped financial institutions are liquidating assets. In many cases, these assets are debts that are owed them. Because these… Continue reading Deleveraging Your Life
Uncommon Money News (Vol. 32)
By: Roshawn Watson In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy! I am especially appreciative to the Skilled Investor for hosting the Carnival of Financial Planning. I am happy that our Pain of Paying Cash was… Continue reading Uncommon Money News (Vol. 32)
We’re In Financial War
By: Roshawn Watson A recent Wall Street Journal article argues we are in financial war, and it is us vs. the economy. Unfortunately, most Americans are badly prepared. You would think with the heightened awareness of our current economic state, we would feel urgency and vigilance to position ourselves to weather the current and coming… Continue reading We’re In Financial War
Do We Need Financial Dr. Phils?
By: Roshawn Watson With the US housing crunch, widespread business failures, and bailouts dominating the media headlines, it is easy to ignore those other less scandalous, personal, debt problems. Of course, debt from American households is interrelated with the US economy and results from the same ill-fated over-reliance on other people’s money. Whether referring to… Continue reading Do We Need Financial Dr. Phils?
Uncommon Money News (Vol 31)
By: Roshawn Watson In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy! I am especially appreciative to my two dollars for hosting the festival of frugality at the last minute. I am happy that the Pain of… Continue reading Uncommon Money News (Vol 31)
Forty Percent Of Homeowners Are Financially Overextended
By: Roshawn Watson Nearly 40% of homeowners are financially overextended according to a recent report by the Census Bureau. It is generally accepted that homeowners should not spend more than 30% of their income on housing costs (principle, insurance, taxes, and interest). However, due to overly optimistic buyers and disingenuous lenders, millions of homeowners have… Continue reading Forty Percent Of Homeowners Are Financially Overextended
Man Loses $6 Million Overnight
By: Roshawn Watson All it took was one night to wipe out David Shorr’s nest egg. As a former Lehman Brothers employee, David’s investments were heavily concentrated in the beleaguered financial firm. Recent news of the company’s troubling financial problems has caused his stocks to plummet, and his benefits are now worthless. In the New… Continue reading Man Loses $6 Million Overnight
Uncommon Money News (Vol. 30)
By: Roshawn Watson In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy! Meet the Boring Young Millionaires was included in the Festival of Frugality, the Carnival of Financial Planning, and the Money Hacks Carnival. All three of… Continue reading Uncommon Money News (Vol. 30)
Investors Forget Bulls and Bears, Be Observant Ostriches
By: Roshawn Watson Perhaps it is the negative financial headlines dominating the media that’s causing many investors to avoid checking the balances of their investment accounts. The current sentiment is “if the savviest investors, the leadership of major finance firms, are failing to successfully navigate the market, then what are the chances for the small… Continue reading Investors Forget Bulls and Bears, Be Observant Ostriches