Feb 16 2010

How a Friend Lost $1,300 to a Magazine Scam

Deceptive businesses exist all around the world and we hear stories of fraud and scamming. The extremity of such deceitful practices is unknown until it hits close to home. Among the common fraud schemes such as Nigerian money transfers and pyramid scams, there is the popular magazine scam – the one my friend became a [...]

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Feb 3 2010

Investing in Peer-to-Peer Loans? Think Like a Bank

Peer-to-peer loans have become the next biggest thing in investing. The stock market may be producing disappointing results but the new social trend in lending is proving to be a nice alternative – and a great way to diversify one’s investment portfolio. Lending Club, the most popular peer-to-peer lending network today, is one such company [...]

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Nov 19 2009

Practice the Fundamentals of Price Negotiation

An item at a garage sale catches your eye and you were able to take it home for a bargain price. You didn’t notice it but your process of haggling had the foundation for price negotiating. In a business class I took, we had an exercise that simulated a negotiation where groups represented either a [...]

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Jul 16 2009

Finding A Tenant Is Like Hiring A New Employee

Soon, the tenants in one of the apartments in our house will be leaving and I’ll be given the responsibility of helping my parents find new tenants again. After seeing how my father often goes about getting new tenants, I told him that there is a better way of doing it. His typical process is [...]

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Aug 29 2008

The Selling Frenzy Begins

School is about to start and it seems like the time to start selling some stuff help ease the costs of back to school supplies. Let’s take a look at some of my ventures and expected incomes, if everything sells. As you may know from an earlier post of how I make money through my [...]

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