Stale Green Light

Are you prepared for a change in the green?

  • Jul 28

    With food so readily available it is easy to waste money on food. Consider this situation. You’re driving down the road and all of a sudden you realize you are hungry. You decide to go to a fast food restaurant to fix your pangs.

    When you arrive at the fast food chain restaurant you quickly peruse their menu and discover that anything less than $3.00 will promote cardiac arrest. You choose to avoid this by going with a more expensive and healthy option.

    It is wise to avoid the unnecessary saturated fat but you are also incurring unnecessary costs. We all lose so much money to high cost food. If we can simply plan ahead and prepare food from grocery stores we will save ourselves hundreds of dollars each year.

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  • Jul 28

    High frequency stock trading is the latest tactic used to make money on wall street by large hedge funds and high volume brokers. Those trading at high frequency complete stock transactions in a less than a hundredth of a second using sophisticated computers and algorithms. This strategy makes it possible to benefit from tiny swings in stock prices throughout the day. The question has been raised if this is a fair trading practice or simply a way large brokers exploit the little guy and the market as a whole.

    It is estimated that just 40 out the 20,000 firms trading stock use this method, yet high frequency trading is estimated to account for 46% of the trading volume on a typical day on the NYSE. This leads one to question if this strategy is explotive. High frequency stock trading has helped in a large part to double daily stock volume since 2000. In the late nineties stocks changed from being measured by eighths of a dollar to pennies. This change made high frequency trading a lucrative business. Changes in stock prices are so tiny now that with high volume these brokers can take advantage of small swings in the prices.

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  • Jul 27

    When trying to find a potential partner it is important to have similar ideas and habits when it comes to money. Here are some tips to help:

    1-Are you agreeing on where you go and who buys what? It’s great to be wined and dined but look out if one person always picks up the tab. There may be resentment if one person is always picking up the tab, especially, if the other person never even offers to help with the tab.

    2-Determine each others spending style. Do they tip big, eat out alot, buy the latest fashions? Do they eat at home, budget, and save? How do you spend your money and will you complement each others spending style or do you have common priorities and goals?

    3-Instill good spending patterns while dating that can carry over into marriage. Go on some cheaper dates, make dinner together, go shopping together, and talk about money before getting engaged. These will help you to get to know your partner better and give you more time to spend together.