Invest It!

5 Reasons It’s Better to Rent than Buy 4

Hello Sophisticated Spenders! The American dream of owning a home with a white picket fence is slowly changing. Many people are realizing the benefits and advantages of renting a home rather than owning one. As a landlord, I happily rent out a duplex in Chicago and a townhouse in the […]

buy stocks

Buying Stocks Based On Social Trends (And Elections)

Hello Sophisticated Spenders! As a former day trader, I know that you can trade anything! Click here to read part 1 of My Adventures in the Male Dominated World of Day Trading. Day trading is actually a form of gambling in my opinion. Companies are starting to offer trading advice […]

crystal hammond, day trader, sophisticated spender

My Adventures in the Male Dominated World of Day Trading (Part 1) 3

fuck shit Those words are now a part of your everyday vocabulary. Welcome to the world of day trading. When I arrived for my first day of training, as I walked through the office toward the conference room I could hear grown men randomly screaming, “FUUUUUUUCK!” “Damn”  “SHIT! (in a […]

How Would You Invest $10,000?

Hello Sophisticated Spenders! I was asked a very interesting question the other day. Someone asked me: How would you invest $10,000? After the instant thought of shopping faded away, I pondered the question for a little while and figured out what I would really do. Here’s what I should do: I should […]

Losing The Mortgage Interest Deduction 12

Hello Sophisticated Spenders! Imagine sharing your goal of paying off your mortgage early and some moron telling you not to do it because you’ll lose the mortgage interest deduction. They totally miss the fact that you won’t have to throw any money away on interest anymore so that’s actually a […]

What To Do With $1,000 Now (Update) 4

Hello Sophisticated Spenders! In November of 2011 I wrote post that went a little something like this: This months money magazine had an article titled What To Do With $1,000 Now.  (Assuming you don’t have any credit card debt!) Here are some of the things they suggested.  Please tell me in […]

My Retirement Savings Report Card 6

Hello Sophisticated Spenders! Here we are at the end of National Save for Retirement Week. I hope you’ve learned how important it is to save for your retirement. And I know you’ve completed the calculators here-> “Introducing National Save for Retirement Week“ I give myself a B because I should be […]

12 Great Stocks for 2015:Review

Hello Sophisticated Spenders! You guys all know I love gambling and by gambling I mean buying stocks. I used to be a day trader so gambling is what I used to get paid to do! Money Magazine told us their suggestions here in The 12 Great Stocks for 2015. Out […]

Fill Out Your 2014 Financial Statement

Hello Sophisticated Spenders! It’s time to fill out an annual financial statement! I use Rich Dad’s “Where Am I Today?” Financial Statement but there are hundreds of them out there. I want all of us to keep track of where we are each year. Remember if you fail to plan […]