Editor’s Picks

• Jimmy Atkinson presents 200+ Awesome Investing Websites posted at Forex Blog.

Yes I’m biased, but what’d you expect.

• The Investor’s Journal presents How to Make a List of Rules to Invest By posted at The Investor’s Journal, saying, “Every investor needs a self created list of rules to invest by so that they stay disciplined and successful. Many investors learn the hard way what the do’s and don’t’s of the stock market are, but fail to write them down so that they don’t repeat these mistakes over the course of their investing career. You need to make a list of rules to invest by yourself, and this article will show you how to do that.”

I have my rules posted on my desktop so that I can never forget them.

• LIVING OFF DIVIDENDS presents Even Supermodels Don?t Want To Get Paid in US Dollars! posted at LIVING OFF DIVIDENDS, saying, “You know its bad when even supermodels don’t want your money!”

<insert supermodel + intellect joke here>

• Leon Gettler presents Wall Street to be hit by a Level Three Storm posted at Sox First, saying, “We are about to find out how much toxic waste is on the balance sheets of the big banks with a new American accounting rule SFAS157 that goes into effect on November 15 . It will force banks to rate their assets according to how liquid they are. And that will affect markets and investment.”

I’ve been hearing quite a bit regarding the new accounting rules going into effect. Curious how it’s going to affect Goldman in particular. Keep us posted

• George presents Who are the most influential value investors? posted at Fat Pitch Financials, saying, “Reader ratings of the most influential value investors currently active in the market.”

I still think Carl Ichan needs to be a tad higher

General Investing

• Golbguru presents The Tale Of Two ETFs posted at Money, Matter, and More Musings, saying, “Two ETFs – Same Index – Different Performance!”

• Numerian presents As Wall Street Awaits its Destruction posted at The Agonist, saying, “Is Wall Street facing financial Armageddon? It’s at least as serious a financial crisis as has ever been seen in living memory.”

• Logan Flatt, CFA presents “Growth Investing” Nothing More Than Rank Speculation posted at PowerWealth.com, saying, “Thanks to decades of promulgation by the financial services industry, it is now common for many people not unlike Mr. Authers to mistakenly use the terms “value” and “growth” to describe two contrasting styles of investing. However, there are not two styles of investing. Instead, there is investing and there is speculation.”

• LIVING OFF DIVIDENDS presents Jim Rogers Short On US Financials posted at LIVING OFF DIVIDENDS, saying, “How to profit from the current negative sentiment surrounding the financial sector.”

• Super Saver presents Not Buying On The Dips posted at My Wealth Builder.

• FIRE Getters presents Tax FREE Money Market Mutual Funds! posted at FIRE Finance.

• Dirk Masuch Oesterreich presents The Location Risk in Mining Investing posted at Nevada Gold Investor, saying, “A crucial concept to consider when investing in mining stocks: risk and reward.”

• ATradeADay presents How I Trade Support and Resistance posted at A Trade A Day, saying, “An understanding of the nuances of support and resistance is critical to successful stock trading. Here are three easy to remember concepts from my trading methodology.”

• kdickson presents Stock Bubbles can seriously damage your wealth! posted at InvestorBlogger, saying, “I really lost money on this one! Hope you enjoy it!”

• Sagar presents 7 Countries Considering Abandoning the US Dollar (and what it means) posted at Currency Trading.net.

Portfoilo and Ego Boosting

• Millionaire Mommy Next Door presents My Investment Portfolio Has Been Kickin’ Butt! Here’s How To Calculate Your Portfolio Performance posted at Millionaire Mommy Next Door.

• Silicon Valley Blogger presents Latest Net Worth / Portfolio Numbers: Unexpected Increase Of +15% for 2007 posted at The Digerati Life, saying, “Reporting my latest portfolio returns… Thank you!”

Personal Finance

• Jason Elder presents Chapter 7 Bankruptcy – 5 Good Reasons To File Bankruptcy posted at A Bankruptcy Lawyer’s Blog, saying, “Chapter 7 bankruptcy is a popular form of bankruptcy in the United States. For some, it is the last resort of those who have experienced a sudden job loss or a major medical issue that they had no control over. Through bankruptcy liquidation filed under this chapter the debtor can get a fresh financial start by receiving a discharge of all debts.”

• Allen Taylor presents Planning Retirement Stock – What You Need To Know To Make A Fortune With Your Investing posted at Investing World Today, saying, “When it comes to planning retirement, stock is very important helping you achieve your retirement goals. The stock market is one of the main avenues of revenue for many investors today, and it can be a great source of revenue for you. Combined with real state, the stock market is probably one of the most famous investment vehicles there is today.”

• Andrew Erickson presents Taking the Long View – Are You In Business? posted at WebSite Werx.

• Ian Welsh presents The Wile E. Coyote Economy posted at The Agonist, saying, “The US markets have been operating like Wile. E. Coyote running off a cliff. For years many of us have been looking at the US like Wile E. Coyote, scratching our heads and wondering “What the heck is keeping him up there?””

• Steve Faber presents - How Federal Taxes Affect Your Retirement Accounts posted at DebtBlog.

• Edith presents 7 Business Lessons Learned from Watching Warren Buffet posted at Edith Yeung.Com: Dream. Think. Act..

• Matthew Paulson presents Is Lending Money on Prosper.com Competitive With Stocks and Other Investments? posted at Getting Green.

That concludes this edition. Submit your blog article to the next edition of festival of stocks using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page. If you don’t submit this week, I will have Chuck Prince run your portfolio (I’m sorry… that was a cheap shot… well I’m not really sorry… but it was still a cheap shot… actually I’ll take my apology back.)

Now internet has solved many problems. Like there are many companies like Forex which are giving online loans such as student loans and pay back loan to their customers. There are many magazines and articles like festival-of-stocks from where you can get a fair idea of such loans and about the companies which are providing these loans. If you are thinking about investing and want to start a business then the best thing is to look for a home based business opportunity. Because such businesses are less expensive and required less startup cost. Before starting any home based business it is best to get good and cheap insurance for your home. If business requires lot of traveling, then one can also get travel insurance. These home insurance will help people to file home insurance claim in result of house on fire, water damage or any mishap which damage the house. If you don’t have enough money to get the insurances then you can have debt help. There are lots of banks and companies which are providing loans like credit union loan to their customers with different interest rates.

General Twenty Something Finances

Dhawal presents The Fundas of Funds posted at After-Grad.com.

Eric Hudin presents Life Insurance and Estate Plans – Protecting Your Assets from Estate Taxes posted at My Estate Planning Career Blog, saying, “Estates and estate plans have a mystique all of their own to the average observer. It is certainly a complex world of tax rules and regulations where inherited assets are taxed upon death. How might this affect you and the estate assets you now possess?”

Eric Stanley presents Three Rules for Financial Freedom posted at Personal Finance Blog Articles, saying, “In a world of debts and overspendings, there are three simple and common sense rules that anybody can and should follow in order to cope with money. For applying them, you will only need a pencil, a piece of paper and 5 to 10 minutes every month.”

Thomas Humes presents To Be A Millionaire posted at Wealth Building World, saying, “Most everyone will make a million dollars within their lifetime. For those making $50,000 a year it will take 20 years. For others it can take 2 years. So what does it take to be a millionaire? Becoming a millionaire is often times an added result of reaching a goal that was not based on a money.”

Roshawn Watson presents 10 Money Lessons I Learned From The Movies posted at Watson Inc, saying, “As a self-proclaimed movie buff, here are 10 financial lessons I observed from eight of my favorite movies.”

chica with issues presents Getting on the road to financial success posted at One Snarky Chica with Issues.

Roshawn Watson presents Forget Looking Rich…BE Rich! posted at Watson Inc, saying, “What is the good life to you? Like many, I used to imagine Barbie and Ken with the big home, matching BMWs, vacation home(s), and luxurious yacht. I assumed that Barbie and Ken were the very portrait of success. However, a closer look revealed that my vision was distorted. Barbie and Ken were BROKE! Forget looking rich, let’s be rich instead.”

Charles Bennington presents Are you part of the 5%? posted at Chuck Boobs- Thinking Outloud…Really Outloud., saying, “A short article on why only 5% of the US population will ever become wealthy.”

Big Cajun Man presents University Costs Holy Crap! posted at Canadian Financial Stuff, saying, “Remember how expensive it was when you went to school? Just think how expensive it’s going to be for your kids!”

Joel presents Less Stress: Reduce Your Lifestyle posted at So You Want To Teach?, saying, “As I continue my series on Stress Reduction, we come to Lifestyle Reduction. I basically outline a basic pattern for getting out of debt.”

David presents Business Term Loans, How can these loans help your business posted at Gaizer.com, saying, “Term loans have a fixed interest rate (although some loans offer a variable rate). A personal guarantee from the borrower and/or collateral (business, personal, or both) is usually required to secure the loan”

David presents How to get a Business Loan posted at Gaizer.com, saying, “Loans are a time-tested way of raising capital for your business. We would love to tell you that it is as easy as going to the bank and asking for money, but as you probably know by now it is quite the opposite. Some banks.”

ISPF presents Get Rid of Unwanted Mail. It’s Bad for your Wallet and Bad for the Environment posted at Grad Money Matters.

Joshua Dorkin presents A Primer on Escrowed Funds posted at Real Estate Investing For Real.

wilson ng presents The Yin and Yang – It Goes Both Ways posted at Reflections of a BizDrivenLife, saying, “I once joked with a banker that he has the best business in the world — even when he is asleep, his money is creating more money as interest is compounded upon interest. That is great if you are the creditor. But it works both ways – if you are a debtor, your interest is also being computed whether business is moving or not. We want to be entrepreneurs because once you have a business, your business can be a resource which keeps earning for you. However, until that is established, a business can also be pulling your money in. Understanding that an advantage can be a disadvantage in other situations is one of the things to understand about money and finance.”

Aaron Wakling presents Improving Your Credit Score – Fundamental Factors posted at The Credit & Credit Card Blog, saying, “To understand how to improve your overall credit rating, it is imperative you understand what factors influence your FICO score.”

Eric Hudin presents Estate Planning Tax Advice – Why You Need It and Where to Find It posted at My Estate Planning Career Blog, saying, “Taxes are something you have to pay all of your life, and if you do not plan ahead, they will be something your estates will be paying even after you are gone. So making sure that you get quality estate planning tax advice when you are arranging your final affairs is one way to ensure that your heirs, and not the IRS, receive the bulk of your estate.”

Thomas Humes presents Guidelines for Building Wealth posted at Wealth Building World, saying, “Review my guidelines for building wealth.”

Rickey Henderson presents Rickey’s Vegas Odyssey posted at Riding with Rickey, saying, “An article on HOW NOT to save money when you go to Vegas. Enjoy.”

JASMBA presents Getting Ahead posted at Getting Ahead.

Juan Millon (1mil) presents Are You Destined For a Life of Mediocrity? posted at Millionster.com, saying, “Despite all the knowledge and wisdom of the googled world most people will not achieve middle-class success.”

edithyeung presents The Money Series – Books that You Just Cannot Miss posted at Edith Yeung.Com: Dream. Think. Act..

Roshawn Watson presents Creating Phenomenal Wealth Over Time posted at Watson Inc, saying, “The long-term view of wealth is not congruent with many of our current societies’ values. We live in a fast-food culture where everything must be instantaneous. This would explain the preponderance of get-rich quick programs, and most are terrible. Meaningful change often necessitates a significant time-investment”

Alex Schoenfeldt presents Grand Opening of the Advice Network: Coming Soon! posted at Advice Network Founders Blog, saying, “Our contests gives you a chance to win a MacBook, and it promotes your business too. Your article will be a good inbound link, and if you blog about this, let me know and I will link to you from my blog too.

poetloverrebelspy presents Road Trip Savings: Fuel Costs posted at Less Than a Shoestring, saying, “This entry has perhaps the broadest potential interest for carnival readers. More recent posts have dealt with saving money in two European destinations: London and Stockholm.”

ChristianPF presents The Best of Everything in 2007 posted at Money in the Bible | Christian Personal Finance Blog, saying, “Kiplinger’s just came out with their best list of 2007. In it they cover a wide range of services and products they have ranked. Here are a few that stood out to me.”

John Crenshaw presents Are You Proactive or Reactive? posted at Dominate Your Life, saying, “You can learn a lot about how to be successful in life and business by studying what works for people in really intense situations. Am I ever going to be so bombarded with information that I’m incapable of processing it all?”

Super Saver presents Sometimes What Seems Easy Is Really Hard To Do posted at My Wealth Builder.

the baglady presents Breaking Up is Hard to Do — Leaving A Job Where You Are Wanted posted at xynny.

Credit Cards and Debt

Karen Halls presents Bankruptcy Vs Bankruptcy Alternatives posted at A Bankruptcy Lawyer’s Blog, saying, “When you’re beginning to find it difficult to pay off your debts you might consider filing for bankruptcy as your ultimate debt solution. But have you considered other options before you finally declare personal bankruptcy?”

Colin Robertson presents College Students and Credit Card Debt | Credit Help and Tips posted at The Truth About Credit Cards.com.

ISPF presents How Much Credit Can a Student Get? posted at Grad Money Matters.

Tim Ramsey presents 5 Ways to Try and Reduce Your Debts and Outgoings posted at My Debt Relief Blog, saying, “Anyone that has a high level of debt or a number of creditors to pay off each month will know how stressful and difficult financial management can be. However, for those crippling themselves with monthly outgoing as a result of high debt levels there are some steps that could help to reduce the amount that you have to pay out each month, as well as reducing overall interest paid on your debts.”

Mr Credit Card presents Credit Card Fraud Protection Comparison Preview (Ask Mr Credit Card’s Blog) posted at Ask Mr Credit Card’s Blog.

Eric@APennyCloser.com presents Keeping Out of Debt – The Speakers posted at A Penny Closer.

James presents Other options besides Payday Loans posted at Payday Loan Cheapskate.

Michael Bass presents Bankruptcy or Debt Settlement? posted at Debt Prison.

John Crenshaw presents What’s the Point in Paying Points? posted at Truthful Lending dot Com.

FIRE Getters presents Gas Credit Card – Discover Open Road! posted at FIRE Finance.

Steve Faber presents - Credit Card Practices to Watch Out For posted at DebtBlog.

Tim Ramsey presents 7 Steps to Debt Freedom posted at My Debt Relief Blog, saying, “For anyone out there who has ever forgotten a payment or found themselves with more debt than their income could pay, you know how aggressive some of these creditors can be.”

Eric Stanley presents How The Recent Credit Crunch Could Affect You posted at Personal Finance Blog Articles, saying, “With banks and financial intuitions unsure on the risks involved with lending to one another, a ripple effect is being sent out into the rest of the lending world.”

Investing

Allen Taylor presents Doubling Stocks With A Small Bankroll posted at Investing World Today, saying, “Successful traders know that you should never risk more than a small fraction, like maybe 5%, of your bankroll at any given time. When I say risk only 5% Im not suggesting you only spend 5% of your bankroll on shares, but rather that, for a losing trade, you exit the trade when your loss would only represent 5% of your bankroll.”

John Crenshaw presents Is Real Estate Really A Good Investment? posted at Truthful Lending dot Com, saying, “Is Real Estate the ultimate investment as many people think of it? Let’s take a look at how it stacks up to other investments.”

Sam presents Stock Investing With Warren Buffett. Investment Advice From a Billionaire. posted at Surfer Sam and Friends, saying, “Warren Buffett, billionaire investor, businessperson and philanthropist, is often called the “Sage of Omaha” or the “Oracle of Omaha.” He is well known as the second or third richest man in the world, behind Bill Gates of Microsoft. His timeless philosophy of value investing has proven relevant and profitable in all types of markets and financial environments.”

Larry Russell presents Diversify To Avoid Investment Fraud posted at THE SKILLED INVESTOR Blog, saying, “Stories about investment fraud often seem to include the phrase “his or her life savings.” There should never be a moment during your lifetime when your life savings are not heavily diversified across many investment vehicles and firms.”

The Investor’s Journal presents The Temptations of the Stock Market posted at The Investor’s Journal, saying, “Each day that I become a better investor, I am tempted to throw it all away for some risky trade. Becoming successful in the Stock Market is never something that is easily accomplished, and one of the main reasons is because it is just too easy to get caught up in the quest for fast and easy money. You make a few good investments, and just like that you feel like you are ready to take on some of the more riskier positions. The irony of it is that you built up most of your gains and confidence through conservative investments.”

Allen Taylor presents Investing – Determining Your Goals posted at Investing World Today, saying, “Much like an exercise program, you will want to determine your goals before you begin to invest. Your goal might be retiring in 20-30 years, kids college funding or, if you got started a bit late, retirement in the next 5 to 10 years.”

David presents Things to Remember When Considering Venture Capital posted at Gaizer.com, saying, “Develop your business strategy. Your executive summary must clearly state what your business does and how you expect to make money. Investors will question your revenue projections and how you plan to achieve them, particularly in relationship to the current market environment, costs, distribution, and supply.”

David presents Angel Investors, Who are they and What can they do for your business posted at Gaizer.com, saying, “Angel investors are high-net-worth individuals who invest in early-stage companies. They are usually former entrepreneurs who are now looking to invest as well as provide their expertise.”

That concludes this edition. Submit your blog article to the next edition of twenty something finances using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Magazines and articles like “twenty something finances” have played an important role in giving awareness about the importance of insurance in people lives. There are many types of banks which are giving life insurance, car, home and business insurance to their customers. Different bank types are giving insurance on credit cards and every bank has different bank charges. Try to pay these charges on monthly or on required date else such kind of debt is very difficult to pay off. Many cards like mastercard or visa card helps the debtor to pay debt down as soon as possible.