The Sun's Financial Diary

“Always bear in mind that your own resolution to succeed is more important than any other.” -Abraham Lincoln A lesson everyone must learn is the need to persist when it is difficult. When we experience defeat and rejection, the easiest and most logical thing to do is to quit, but the successful have learned to [...]

When I bought my first stock Nortel, (NT) which filed for bankruptcy protection recently,  more than six years ago, I didn’t know much about investing or trading stocks. The reason I bought NT was simply because it was cheap in dollar amount. That’s right. How much could I lose with a stock at $0.47 a [...]

The following is a guest post from Dr. Bonnie Eaker Weil, author of the book, Financial Infidelity: Seven Steps to Conquering the #1 Relationship Wrecker. Dr. Weil has been an internationally acclaimed relationship therapist for thirty years. New York magazine named her one of the city’s top therapists and Psychology Today named her one of [...]

Over the weekend, I received a copy of Robert T. Kiyosaki’s new book, Rich Dad’s Increase Your Financial IQ: Get Smarter with Your Money from Jeffery Anderson, a publicist from FSB Associate. Kiyosaki is no stranger to many people. He is the author of the popular book, Rich Dad, Poor Dad. I myself never read [...]

Early in the summer, I received a book, An American Hedge Fund, from Timothy Skyes, the author of the book. I intended to finish the book as soon as I could at the time when I got it, but seemed never have the time until recently. The book is actually an autobiography of a young [...]

I bought Mr. John Bogle’s new book, The Little Book of Common Sense Investing, after reading an article on SmartMoney.com the other day about his comments on ETFs. The book was received early this month, but I didn’t get time to read it until recently. In his latest writeup, Mr. Bogle uses a chapter to [...]

This is not a book review, but rather from an article I read yesterday on SmartMoney.com. The article, “John Bogle Says ETFs a Mistake for Many Investors,” cited Mr. Bogle, founder of Vanguard and pioneer of index mutual funds, as saying that with a flood of new ETF offerings, investors are “performance-chasing” by investing in [...]