If you are reading this blog then you are one of those few people who took time to think about their finances and do something to make money rather than brooding over how to do it.

Having interest in saving and investing is the first sign that you want to make money and become rich in the process of doing so. It shows that you want your money to work harder for you and generate more income rather than letting them sit idle in some saving bank account earning 1-2% interest.

This is very unusual article(free) published in Wall Street Journal on April 21st, 2008 about rising food price.

What makes me more canny about this is that there is enough supply of rice in US. I agree that the world wide demand for rice and food items have increased but US is producing around twice the amount of rice required by some 300 Million people in US. Excess is always exported.

The first paycheck of around $600/adult and $300/child is about to come in the first week of May as announced by the President. So if you are average family you will get 1200 for a couple and 600 for two children totalling $1800 from the government to go out and spend so that you can boost the economy.

This is just a farce by the US government to show that they are doing something to improve the economy. US is facing a very severe economic situation and printing extra paper money to hand out is not the solution.

The title says it all.

The slow and steady path of creating wealth has always worked in a long run. 401K & 403B(Non profit organizations usually provide 403b) plans offer a way for working class people to save money in a tax deferred account in a slow and steady way.

Much anticipated thought that there would be some reprieve for the struggling home owners after the Fed's rate cut doesn't hold any ground. It's true that recent rate cut has made it easy for banks to borrow cheap money from Fed and one another. But since these banks have been so bitterly bitten by the sub prime mess that they don't want to lend the money in the mortgage market. Instead, they want to buy high quality treasury bonds and other safer and higher yielding investment to fatten their profit and make their books look good.

Looking at the sub-prime crisis, writing down billions of dollars by big banks like Citibank and Morgan Stanley, Fed bailing out Bear Sterns and still so many houses in the market for sale the title of this article might sound crazy to you and you would want to get back to some other stories. But if you like someone who doesn't go with the herd and who thinks independently then read on as you will see that stocks of great companies at at sale.

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With US economy almost on the verge of recession and very bearish outlook on the US economy growth rate it is very natural to ask if the slowdown in US economy will affect emerging and other developed overseas. Will it stall their growth or even make it negative?

If you are looking for a mortgage lender or loan agent then I would recommend Barbara. She has provided an excellent service and rates to us (me and my wife) when we bought houses. She listens to all the concerns and provide great loan product. Here is her contact information:

Barbara Duterte
Mortgage Market
7001 Village Parkway
Dublin, CA 94568
(925) 829-6550
(925) 963-9572- cell
(925) 829-4449- fax
Web: Loans By Barbara

Now to the article:

Right now the commodity market is going through a short term boom. In the spirit of boom in the commodity market the price of gold is also skyrocketing and it would be hard for any investor to ignore gold as an investment.

There are three main questions whenever we think of investing in gold -
1. Should I invest in gold now or it's too late?
2. How should I invest in gold?
3. How much should I invest in gold?

Term life insurance is the simplest form of life insurance. You pay a premium every month to get the death benefit in a lump sum amount to your beneficiary in the event of your death. Term life insurance goes from 10years to 20years. So if you survive at the end of the term you lose the premium to the insurance company. And that's why it's very cheap.