What Is The Definition Of Escrow?

Posted on Sunday, December 30, 2012
Documents, real estate, money, or securities deposited with a neutral third party (the escrow agent) to be delivered upon fulfillment of certain conditions, as established in a written agreement.

An account held by the lender into which a homeowner pays money for taxes and insurance.

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What Is An IPO?

Posted on Sunday, December 30, 2012

Initial Public Offering. The first sale of stock by a company to the public. Companies offering an IPO are sometimes new, young companies, or sometimes companies which have been around for many years but are finally deciding to go public. IPOs are often risky investments, but often have the potential for significant gains. IPOs are often used as a way for a young company to gain necessary market capital.

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Subscribe To The 2013 Guru News

Posted on Sunday, December 30, 2012

Announcing The Launch Of The 2013 Newsletter

Learn to take control of your personal finances in 2013. From establishing concrete financial goals to increasing your net worth, this FREE weekly newsletter series will help you how to achieve all of your financial dreams. Join the happy subscribers or recommend a friend who have already made the resolution to be more money smart and meet their New Year's goal!

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My Feelings On The US And This Fiscal Cliff

Posted on Sunday, December 30, 2012
Ben Bernanke gave us the term “fiscal cliff” this past summer, and it has captured the public imagination. For someone who thinks he can control the economy, the ultimate disaster is to have a recession occur on his watch. Given that the toolbox that the Federal Reserve can bring to the next recession is essentially empty, it is a cliff indeed from Bernanke’s perspective. And let’s make no mistake: if nothing is done either before or shortly after the first of the year, our already weak economy will wander off into recession Read the rest of entry »

Explain Warren Buffett To Me In 20 Seconds!

Posted on Sunday, December 30, 2012
The Chairman of Berkshire Hathaway, and arguably the greatest stock market investor of all time. An investor who chose to invest $10,000 in Berkshire Hathaway when Buffett took over in 1965 would have more than $20 million today. His forte is in identifying undervalued companies, and he is well-known for taking a very long-term positions in companies he identifies as being good investment prospects. Buffett provides strong evidence that it is possible to consistently outperform the market. Read the rest of entry »