Risk tolerance and the appetite for risk

Written by Robert White on February 20, 2011 – 2:20 pm

Any savvy investor knows that one of the single most important concepts to learn as an investor is that of risk tolerance. Like a gambler, you need to know when to hold and fold. Timing is of the essence. Not timing things right could be the difference between making a great financial decision and making a terrible financial decision. Whenever you are making an investment decision, you need to know just how much of risk you can take on realistically. Risk tolerance by itself too is not the issue by itself either, because it can be either your emotional risk tolerance or financial risk tolerance that can come into question.

Financial risk tolerance is all about objective.

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Tags: Risk, Risk Tolerance
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12 Things That Will Never Affect Your Credit Score

Written by Robert White on February 19, 2011 – 1:45 pm

Your credit score is important. You’ve heard it a thousand times, from your parents, financial advisors, TV advertisements, and seemingly everyone in between. They are, of course, correct. Your credit score impacts how much you will pay for a credit card, mortgage, or any number of loans. Many things affect your credit score, but there are also numerous factors that play no role in how this all-important number is computed. Here are twelve things that you don’t need to worry about when it comes to establishing a good credit score.

Anything not in your credit report - There is a wide range of information in your credit report, including payment history, level of indebtedness, length of credit history, and types of credit used. You

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Tags: Credit Score, Score
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Where to Find Mortgage Lenders

Written by Robert White on February 18, 2011 – 5:39 pm

Do you know who is a mortgage lender? As per definition a mortgage lender is any financial institution that acquires its profit by lending mortgages for the purchase of property. This could be any earlier common building society that is now a bank. Mortgage lenders are financial institutions that lend money to people so they can purchase a property that they are unable to purchase owing to limited finances.

To Search for a Mortgage Lender

The search for mortgage vendor is not intricate at all, as large number of financial companies, banks, and other DFIs (Development Financial Institutions) are providing the facility of mortgage.

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Tags: Mortgage, Mortgage Lenders
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Roundup and Link Love: Where Would YOU Cut Back Edition

Written by Robert White on February 18, 2011 – 1:55 am

Note to RSS readers: There is a poll embedded in this article. Click through to participate!

Opinions are like … bellybuttons. Everyone has one and when it comes to money, opinions aren’t scarce! As a blogger, I get a lot of emails asking my advice on various aspects of personal finance but I’m turning the tables today. If you were to give some advice on where to cut back in order to save money, where would YOU start.

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Here are some of this weeks great links:

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A Collection of Free Kindle Resources

Written by Jessica Clark on February 17, 2011 – 10:24 am

Dinner With My Family is taking a one week hiatus due to a cavalcade of visiting family and an inability to get good pictures of a meal. Tune in next week for the series’ return.

On Monday, Sarah gave me a wonderful Valentine’s Day gift – a Kindle. I’ve had a great deal of fun playing with it all week long.

Unsurprisingly, within a day of having the Kindle, I found myself spending lots of time online looking for great free resources for the Kindle. What books and other materials are out there for free for Kindle users?

Since I’ve received many emails over the years from Kindle users – and I know at least some people subscribe to The Simple Dollar using a Kindle – I thought I’d share some of the best resources I’ve found, both this week and over the years.

If you do

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