April 2012

Make some extra money at home

Find a job that you can do from home for a way to earn money

If you are struggling with your finances, there are ways to make extra money from home. One way is through online writing. It may take a little bit of time and research, but you can find great companies to work for doing this type of work.

Many people are trying to supplement their incomes with part-time jobs. This is very common, but a lot of people don’t want to spend more time away from home. If you can find some companies to write for, you will be able to earn money from your home. This is what I do. I actually work from home as a writer. I earn a full-time income and I work about 30 hours per week. I love my job and I love my schedule. 

What will you do with your tax return?

Right now is tax time. You may have filed your return months ago, but many people will wait until the last minute. This is mainly because of two reasons. One reason is that people owe money and they will wait until the last day to pay it. The other reason is because filing taxes can be a headache. It requires gathering all sorts of documents together and making an appointment with an accountant.

Successful companies that have zero debt

A lot of companies actually have astonishingly low debt levels and still others have no debt at all. Even with no debt on their balance sheets, these S&P 500 companies have been able to go about making acquisitions and investing in their businesses to increase growth in the future. There are actually 22 companies that are completely debt-free according to the most recent quarterly filings.

Let’s take a look at some of these companies that are not only debt free, but cash rich as well. Additionally, the ones I am going to point out are pretty well known.

I want to start by informing you that one of the largest financial services companies that issue credit cards, MasterCard, actually is one of these companies that have zero debt. The global investment management firm T Rowe Price Group is also among these firms that have no debt. Other notable companies with $0 debt are LSI Corp and C.H. Robinson Worldwide.

Top performing Hedge Fund managers on Wall Street

I wanted to use this post to focus on some fund managers that are riding high on Wall Street. Their hedge funds have also been doing really well and I guess it might be good for an investor to know about them when they go about picking stocks. These fund managers can be seen as the yardstick.

Raymond Dalio

He is the founder of the world’s largest hedge fund that is based out of Westport, Connecticut. Dalio earned an astounding $3.9 billion last year. Bridgewater will be focusing on adding commodities like gold this year with some exposure to emerging markets currencies.

Carl Icahn

Anybody who wants to get involved in investment should become familiar with this iconic corporate raider. Icahn Capital Management did extremely well in 2011 with a 34.5 percent gross return.

Must-watch Wall Street movies

They have also been among the highest grossing films!

I was very impressed with Richie Rich in portraying how the wealthiest people live and I was also very thrilled when I watched Wall Street: Money Never Sleeps. Movies are a great way to get educated as watching videos all the time and reading up on information are not always the best way to learn and definitely not the most entertaining ways.

So I wanted to pick out some movies that you could watch to learn more about the investment environment and enjoy yourself at the same time.

 

Enron: The Smartest Guys in the Room (2005)

I guess this is probably the granddaddy of them all especially when it comes to scandals. It is the stunning tale of not only the collapse of Enron but also its manipulation of the electricity market in California.

 

Wall Street: Money Never Sleeps (2010)

I suggest watching this amazing movie and also the original Wall Street from 1987. It is all about the manipulation and other attributes that is common on Wall Street. Both films are a definite must watch for an investment banker and an investor in general.

 

Golden Girls on Banking

Sophia: "At least the government didn't have to bail them out"

Sophia Petrillo briefly gripes about bank bailouts... in the 1980's.... and the sentiment still rings true today:

 

Golden Girls sperm bank

 

 

 

Blanche: "Just the very idea of a bank having sperm..."   

Sophia: "At least the government didn't have to bail them out"

 

Of course the reference the character is making is probably geared towards the Savings and loan crisis (S&L crisis) of the 80's and early 90's (and not our recent financial crisis... that we are painfully still enduring), but the clip did get me to wonder when the banking industry will learn from its mistakes. They can not continue to play around / boom and bust like this, and if they do, there should be no financial incentive for them to continue lending money.

Just my 2 cents... which I will not be investing into any corporate bank (or other company) for a hefty return.