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4 Reasons why Credit Cards are superior to Debit Cards

While a lot of people use Credit Cards nowadays Debit Cards are still very popular. I always wonder why. While I can see some of the benefits of using Debit Cards, if you have a choice you should be using your Credit Cards. Here’s why. 1) Using your Credit Card Builds your Credit Rating...

06 July 2011 | 0 Comments

Do you have enough Rainy Day Savings?

I’m sure you’ve heard about it before. That day when you suddenly get fired or everything goes wrong and you aren’t able to work, the dreaded rainy day. It happens to many people don’t have enough in rainy day savings. You have to have a plan to ensure that you have enough money set...

27 June 2011 | 0 Comments

Groupon. Good Idea or Bad Idea?

If you’ve been surfing the web, I’m sure you’ve been seeing Groupon ads all over the place. Groupon is essentially a company that distributes daily an awesome coupon close to where you reside. You visit their website and signup only with an e-mail and get 50-90% or more on anything from dinner, go carting,...

20 November 2010 | 1 Comment

Why Tax Planning is More Important Than Earning More Money

Most of us talk about how we want to earn more money and how that could lead to a better lifestyle. While there’s nothing wrong with this, you might not have to earn an extra penny to improve your lifestyle, just spend some time tax planning. “Ugh taxes” you say, I hear you, I’m...

15 November 2010 | 0 Comments

What can $400,000 buy in the Vancouver and New York Real Estate Market?

Quick Facts: Vancouver was ranked #4 for Quality of living rankings, while New York was ranked #49 for 2010 by the Mercer Survey The Economist named Vancouver as the most Liveable City in the World in 2010, New York did not make the top 10 Neither Vancouver nor New York made the top 10...

14 November 2010 | 0 Comments

How Much Capital Should you have to Start Day Trading?

Yesterday, I wrote about why 90% of all day traders fail. Today, I hope to look at how much starting capital you should have before realistically hoping to make a living, simply from your trading. Know Your Monthly Expenses The first thing you need to look at, are your expenses. Everyone’s living standards are...

13 November 2010 | 0 Comments

Why 90% of Day Traders Fail to Succeed

I used to take part on online forums a while back and there’d often be discussions about the success or fail rate of day traders (traders hereafter). I think it’s safe to say that 90% of traders fail, and failure includes just breaking even or even being in plus but not by much. To...

12 November 2010 | 0 Comments

How to Use Your Credit Card For Christmas Shopping This Year

As I was doing research for yesterday’s blog entry of Top 10 Ways to Save Money on Christmas Shopping, I found that most people were saying to use cash for Christmas Shopping. I beg to differ! If you’ve been reading regularly at Mo2 Thinks, you know that I preach Credit card usage, if you...

11 November 2010 | 0 Comments

Top 10 Ways to Save Money on Christmas Shopping

Christmas is just around the corner! Most people aren’t done their Christmas shopping and end up rushing to the department stores on Christmas Eve trying to finish their shopping. If you want to save money this Christmas, especially with the economy being so horrible, you need to start now! Here are my top 10...

10 November 2010 | 0 Comments

Top 10 Ways to Save Money on a Trip to Las Vegas

I’m currently planning a trip to go to Las Vegas and I decided to compile a list of things that are a must if you plan to save money on a visit Las Vegas! Here they are! Tip#1 Book Your Flight and Hotel Separately A few months back I would have told you to...

09 November 2010 | 0 Comments

What it Takes to Have Discipline As a Day Trader

Quick Facts Most traders in Market Wizards quoted discipline as the most important ingredient of trading “The first and the best victory is to conquer self” – Plato Without discipline you will not become a successful trader I’ve been trading for a number of years. I focus on currencies and stocks and have found...

08 November 2010 | 0 Comments

Never Get a Credit Card with a low APR

I’m sure you’ve seen those commercials or had a banker try to sell you a low APR (Annual Percentage Rate) credit card because it’s supposed to be a great deal! Of course, you’ll pay less interest on the balance you’re carrying on your credit card, but if you’ve been reading my articles you’ll think...

07 November 2010 | 0 Comments

The Lure and Temptation of Credit Cards

I like to watch TV as I write (I can multi-task ) and was watching “Til Debt Do us Apart” and saw this couple that had 12 credit cards. I recently wrote an article about getting a guaranteed 25% return by paying down your credit card balance, read that article here. Having 12 credit...

06 November 2010 | 0 Comments

US Bank Stock Dividend Possibly Increasing

Quick Facts: Bank of America’s stock has been a whopping $0.01 since March 27th, 2009 An increase in bank stock dividends will likely lead to an increase in stock prices Our Worldwide Economies In 2008, we witnessed one of the worst financial malfunctions in our history. With Bear Stears going bankrupt and other great...

05 November 2010 | 0 Comments

Kevin Garnett calls Charlie Villanueva a “Cancer Patient”

Quick Facts: Charlie Villanueva was drafted in the first round as the 7th pick by the Toronto Raptors in 2005 Charlie Villanueva has Alopecia Areata not cancer It isn’t the first time Kevin Garnett (aka KG) has crossed the line with comments or trash talk The Boston Celtics were playing the Detroit Pistons on...

04 November 2010 | 0 Comments

How to Become Financially Secure in today’s Economy

Quick Facts: Financial Planners don’t always work in their client’s best interest, especially if they are working on commission based sales Unless a Financial Planner has a CFP (Certified Financial Planner) or other well known designation, they might know little outside of the products they are selling This is a continuation post from yesterday...

03 November 2010 | 0 Comments

Bank of America report says Americans are feeling more Financially Secure

What is Financial Security? Before I give you a definition of financial security, I honestly think there is enough vocabulary out there to confuse the average investor and things should be a lot simpler. This is where you need to realize why financial education is so important. With so much financial vocabulary, or as...

02 November 2010 | 0 Comments

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