Posted on May - 14 - 2012

Could an Online Savings Account be Right for You?

What are the reasons that people use savings accounts these days? Is it to establish a rainy day fund, to save up to buy a house, or maybe saving money for your child’s college fund? The main purpose of a savings account is to put your money away in a risk-free account and have it earn interest and grow.

So which savings account is right for you? The main things to look at when reviewing savings accounts are the fees and interest rates. The goal is to spend the least amount of money in fees and still earn the most interest possible. Just because a bank is offering the highest interest rate doesn’t mean it is the best choice. They could have upfront and hidden fess that can eat away at the interest you are earning.

There are an endless number of savings accounts to choose from today. Eve

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Posted on May - 04 - 2012

Uranium Stocks Set to Double?

Not many markets have been written off by investors more than uranium since last March.

Understandably, the Fukushima incident left a bad taste in everyone’s mouth. Countries such as Germany and Japan claim they’re done with nuclear power altogether.

But surprisingly there’s been a buzz recently in my inbox about a potential rebound in the uranium market.

My interest was piqued, but I wanted to dig a little deeper into the story. So I dialed up two of the smartest people I know on the subject to get their take – Global Resource Investments CEO and legendary contrarian Rick Rule and Investment U’s own commodity and resource expert Matthew Carr.

And after talking to them, it’s my belief that we’re finally at a bottom in the uranium market. There’s even reason to believe in a potential double over the next two years.

Below I’ll discuss an easy way to capitalize on the rebound. But first I’ll sh

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Posted on April - 15 - 2012

The Ultimate Guide to Credit Karma, Part 2: My Accounts

Last week, we reviewed how Credit Karma’s free Credit Report Card can help you understand how specific parts of your credit profile impact your credit score and how your credit compares to other U.S. consumers. This week, we’re covering the My Accounts section of Credit Karma.

My Accounts – Your Credit Report Dashboard

Introduced in November of 2011, the My Accounts section gives you even more insight into your personal credit profile by showing you all of your current credit accounts in one place. This tool pulls data from your TransUnion credit report and breaks down your credit accounts into credit types, such as credit cards, home loans and auto loans.

As you explore My Accounts, you’ll get even more details on each credit account. For ins

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Posted on April - 12 - 2012

Invest in Graphene with GrafTech International (NYSE: GTI)

Source: ScienceNews

What you’re about to discover could revolutionize everything from electronics and aerospace to transportation and energy.

It’s the thinnest, strongest material on earth. And in 2010, it won Andre Geim and Konstantin Novoselov, two scientists from the University of Manchester in England, the Nobel Prize in Physics.

This potentially game-changing material is none other than graphene.

The Highlights

In its most basic form, graphene is simply a single layer of graphite. It’

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Posted on April - 03 - 2012

How Jagoinvestor Forum answered 10,000 times !

Most of the readers of this blog do not know whats going on at the other end of this blog which is our questions and answers forum. Its a place where you can post any personal finance query, whatever doubts you have in mind and the community will help you with answers. You can extend the conversations untill you are fully satisfied and some amazing people on the forum will go miles to fully help you.

I want to take this opportunity to thank few key people on this personal finance forum who have gone beyond expectations and really taken up the full charge of the forum. You can say these people have taken over the forum from me and I am damn happy about it.

There are close to 2,300 questions asked till date on the forum and close to 10,000 answers are already given, which makes it an average of 4 answers per question asked, which shows a good mix of discussion.

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Posted on March - 26 - 2012

Festival of Frugality #329

Our Top Three Picks

Aloysa presents My Mother Was a Mail-Order Bride posted at My Broken Coin. Though not exactly about frugality, this first in a three-part series will have you enthralled. Alyosa shares her familys story of her mother choosing to list herself as a mail-order bride.

MR presents Your First Investment Should Be Fun And Exciting! posted at Money Reasons. Which is more important? A Roth IRA? A 401(k)? Brokerage accounts?

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