Get Schooled on Understanding Investments

Posted on Tuesday, January 29, 2013 by sccl_smart_investing

cover from teaching company product Take this Teaching Company Course on basic personal finance information from Duke University professor of economics, Connel Fullencamp. Understanding Investments is one of the many wonderful economics classes available from the library. What are your most important financial goals? Sending your kids to college? Buying a new home? Retiring early? Having the freedom to not worry about whether you can afford to buy a new . . . more »

Investment Club Kits

Posted on Tuesday, January 22, 2013 by sccl_smart_investing

photo of investmetn club kit You can think of an investment club as a small-scale mutual fund where decisions are made by a committee of non-professionals. The world's first investment club was established in Texas in 1898, back in the days of the Wild West when few investments could be considered safe. Investment clubs were seen as an ideal way of spreading the risk - away from just cattle. NAIC . . . more »

Shenanigans

Posted on Tuesday, January 8, 2013 by sccl_smart_investing

Financial Shenanigans Financial Shenanigans Certainly, most companies are ethical, but some do take advantage of reporting gray areas or ignore the rules in order to present financial results with a deceptively positive spin or in an altogether misleading way. Given the potential for accounting manipulation and gimmickry, financial statement readers need to exercise skepticism and rigorous due diligence. Schilit and Perler, two recognized forensic accounting experts, have . . . more »

Debunkery

Posted on Tuesday, January 1, 2013 by sccl_smart_investing

Debunkery Ken Fisher's New YorkTimes bestseller Debunkery: Learn It, Do It, and Profit From It—Seeing Through Wall Street's Money-Killing Myths details 50 common investing misperceptions. Fisher was named one of the 30 most influential individuals of the last three decades by Investment Advisor magazine. “Folks have a romantic notion about ‘beating the market’,” says Ken Fisher. “A lofty goal—and possible, though difficult—but most investors not only . . . more »

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