Are You Ready For Black Friday?

by Ron Haynes

photo credit: djliciousThe symptoms are all there: long, slow yawns, droopy eyelids, long lines of people waiting outside in the cold at 4:00AM. It’s Black Friday! Black Friday is the Friday after Thanksgiving here in the US and it kicks off the start of the traditional Christmas shopping season. Supposedly called “Black” Friday because it’s […]

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Five Signs of a Troubled Company

by Ron Haynes

Troubled companies often have too many people making rules at the expense of principles. Principles should be the guiding forces behind everything a company does. The most important principle: Customer Satisfaction. A company that initiates a rule for every potentiality without considering how those rules will affect a front line employee’s ability to attract and retain customers will have frustrated employees and dwindling customer transactions.

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Mining the Miners: A Different Way To Make Money

by Ron Haynes

Levi Strauss arrived in San Francisco in 1853, just 5 years after gold was discovered at Sutter’s Mill in California and opened the western branch of his family’s dry goods store. In the years after gold was discovered, hundreds of thousands of people arrived in the Golden State to pursue the American Dream and Levi […]

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The Problem With Financial Gurus

by Ron Haynes

Today, gurus are everywhere. They’re on television, the Internet, and most forms of media. It’s hard to turn on the radio and not hear some self-acclaimed financial expert tout the joys of everything from debt reduction to using paid advisors who pay him to push their services on his audience. But please remember one thing […]

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An Overlooked Way to Save Energy in Your Home

by Ron Haynes

Building experts have known for years the importance of having a “tight” home. By taking small steps such as caulking, using moisture barriers, increasing insulation, and replacing poorly performing windows, homeowners and builders have been able to increase the energy efficiency in today’s homes. But there’s one area that has been overlooked: leaky duct work […]

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The Myth of Self Discipline

by Ron Haynes

In reading the lives of great men, I found that the first victory they won was over themselves … self-discipline with all of them came first. —Harry S. Truman Myth: Self discipline is something that you either have or don’t have. Fact: Self discipline is a tool that you use or don’t use. Self discipline […]

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Money is 100 Percent Emotional

by Ron Haynes

Take just a few moments and complete the sentence: “If I had a lot more money, I would [fill in the blank].” Of all the people I have asked to fill in that blank, it never ceases to amaze me how diverse the replies are: “…retire, relax, and travel.” “…get rid of the shackles of […]

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Things I DIDN’T Learn in College: Part 1 – Networking

by Ron Haynes

Want to learn how to network, but aren’t sure where to begin? Here are some tips that will help you take the needed steps to become a networking machine. Interestingly, though networking is touted as an important skill to help you get ahead in life, it wasn’t taught at any college I attended (I went to three from undergraduate school through graduate school). Perhaps others have different experiences at different schools and colleges. If that is YOU, please leave a comment about the school you attended and a summary of what you learned from your networking course there.

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Why I Didn’t Buy A Franchise

by Ron Haynes

Franchises offer a few benefits for entrepreneurs. The biggest benefit is the “system” that a franchise develops and then sells to franchisees. With a franchise, you get instant name and brand recognition, and the assistance of a team or professionals who have “been there, done that.” But all that glitters is not gold in the […]

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Ignore the Ups and Downs of the Market and Use Fundamental Analysis Instead

by Ron Haynes

The world’s investment markets are notorious for their wild swings up and down, but savvy investors know the underlying fundamentals of each business (stock) they buy and they analyze them before purchasing (fundamental analysis). Great investors know WHY they bought and what made the company appealing to them. They know the conditions of the industries […]

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They Aren’t Flashy But Fixed Income and Bond ETFs Could Reduce Your Portfolio’s Volatility

by Ron Haynes

Depending on which side of the formula you’re on, bonds can be either a loan you make or a financial obligation you settle. Bonds essentially are loans that investors make to corporations and governments. They are also understood to be fixed-income investments due to the fact that the company or government that borrows the money […]

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INFOGRAPHIC – The Dangers of an All-Powerful Federal Reserve

by Ron Haynes

Image compliments of Online Accounting Degrees

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5 Ways to Fund Your New Scottrade Account

by Ron Haynes

If you’ve recently opened a Scottrade brokerage account, you might be wondering how you can more quickly transfer funds to it than sending a check each month to your local office. In reality, that’s just one of choices you have at your disposal to fund your new investment account. Without a doubt, their Money Direct® […]

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