Young Money Articles

2012 Ideas for better Productivity

I regularly draw the ire of my employees when I tell them that email is not work. I'm poorly wording my message, but the intent is clear. Constantly checking for new emails, and responding to them stops one from being productive. Though I've known this for a while, someone from Harvard is now backing me up! Dorie Clark of HBR (Harvard Business Review) gives us 5 habits to help us in 2012. Full Read more...

Finding Buyers for Wholesale Deals

This is probably the most common question I get from beginner wholesalers. Not to worry, if you have a great wholesale deal you can get it sold quickly by following my advise. You can also always post a question on my blog to get an immediate answer from me if you have any wholesaling houses questions what so ever. The quickest ways to get your deals sold when your first starting out are to le Read more...

5 Tax Planning Tips to Use Now

Only a fraction of people prepare as much as they should for tax season. I was burned last year by not saving enough money to pay in April. Jackson Hewitt has decided to give us a few tips so that we are all better prepared. Save more for retirement – By increasing retirement plan contributions, you can reduce your income for tax purposes. Taxpayers can contribute up to $16,500 to a 401(k),  Read more...

3 Debt Tips from a Debt Collector

With the holiday shopping season well underway, the spirit of giving to family, friends and just causes comes with a high cost. According to creditcards.com, the total U.S. consumer debt stands at $2.43 trillion for 2011, and falling into debt during the holidays is a reality for many. In fact, the National Retail Federation found that Americans spent $52 billion on Black Friday shopping this year Read more...

Jive Sees Success in Smaller IPO

Some of the hopeful expectations about the initial public offering market opening up in the wake of the recent Groupon IPO have been borne out to an extent with the somewhat smaller offering by Jive Software on Tuesday. The Wall Street Journal reports that Jive, a producer of social networking tools used by businesses, was initially expected to price this week at between $8 and $10 per share, g Read more...

Dividend ETFs attracting significant inflows

Dividend Exchange traded funds (ETFs) have been attracting substantial capital inflows as investor market volatility persists. The yields that are currently being generated by other market opportunities are driving investors to seek out these financial instruments, according to Risk Magazine. Pershing Securities, a New Jersey-based firm that offers structured financial instruments and and ETFs  Read more...

Zynga’s Mark Pincus a Critical Figure in Upcoming IPO

Of all the companies still planning to go public during the remainder of this year, online gaming company Zynga is easily the biggest name. According to Bloomberg, the company also boasts the biggest personality behind it. Zynga chief executive officer Mark Pincus, unlike the heads of many young technology companies, is an experienced veteran of the technology sector, and even of the IPO market Read more...

Americans believe that $150,000 a year would make them rich, Gallup poll says

A recent Gallup poll conducted between November 28 and December 1 revealed that the average amount of money that an American household would need to make in order to consider itself rich is $150,000. The poll asked people the following question: "just thinking about your own situation, how much money per year would you need to make in order to consider yourself rich?" The participants provid Read more...

Europe Comes to Agreement, Though Issues Remain

Europe took a major step toward resolving some of its debt woes late Thursday and into early Friday. According to The New York Times, the European Union has agreed to change its treaty to require a greater degree of fiscal responsibility from member nations. The new treaty requires countries in the European Union to limit their deficits to no more than 0.5 percent of their gross domestic produc Read more...

Portfolio diversification effective in down market

Investors have had to deal with paltry returns over the last few years, but diversification is still an effective tool. Diversification means combining different assets that do not correlate with each other, meaning they do not move together.USA Today reports that the Standard & Poor's 500 index yielded a meager 1.4 percent between January 1, 2011 and November 30, 2011, according to data p Read more...

Disappointed Investors Turn Hopefully to Zynga

Investors and companies once again find themselves hoping that Zynga can provide a spark for the IPO market. Initial public offerings are always an uncertain investment to an extent, with companies often going public without a long-proven track record of success, sometimes looking for the funds necessary to keep the company going. The 2011 IPO market has not proven any easier, with many compani Read more...

Money managers see good environment for buyers in 2012

The feedback gathered at the recent 2012 Reuters Investment Outlook Summit indicated that many money managers see the year as one with various opportunities, Reuters reports. Wide selloffs have left the stocks of many companies that are in a strong financial positions with low price-to-earnings ratios, according to the media outlet. Companies headquartered in the United States are currently sit Read more...

Verizon Backs Out of Google Wallet

Google has suffered yet another setback in its attempts to re-imagine electronic payments. The Associated Press reports that Verizon, one of Google's key allies in the mobile sphere, has decided not to include the company's new Google Wallet function in its latest smartphone, the Samsung Galaxy Nexus. Verizon was integral in the promotion of Android-based phones as an alternative to iPhones, Read more...

Investors may face fewer investment options in their 401ks

While the number of options available to 401k participants has risen over the past decade, these same retirement plan users may see their options start to shrink. Data provided by consulting firm Aon Hewitt indicates that the median number of investment options available in these retirement plans has risen from 10 in 2001 to 18 currently available, MarketWatch reports. Some companies are buc Read more...

Start-Ups Starting Smaller and Leaner, But More Aggressive

When people ponder founding a new company, many might think about years of developing and perfect their product followed by the long struggle to gain a toe-hold in the industry. But The New York Times reports that start-ups need not necessarily follow this pattern to prove successful. Instead, a growing number of companies are taking the so-called lean start-up model that has come out of Silicon V Read more...