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How the average person can save money quickly and easily

Why people lose money in the stock market

There are all sorts of ways to lose money, but these are some of the reasons why people lose money in the stock market without even trying. Keep your eyes open for these 9 ways. 9 Top Reasons Why People Lose Money in the Stock Market 1-Overtrade There are two ways to over trade but both are equally as damaging to your portfolio. The first is by jumping in and out of the market too many times in an attempt to catch lots of short term moves. The problem is that the commissions for each trade significantly eats into profits and can destroy your chances. The second way to over trade is by risking too much capital on any one position, meaning that one bad trade can result in losses big enough to wipe out an entire account. 2-...

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Ray Rice Financial Impact on the NFL

I am sick to my stomach. More than once I have watched the security video from the elevator in which Baltimore Ravens running back Ray Rice threw a right punch at his then fiance’  and now, almost unbelievably, his wife. She is lucky to still be alive. Rice is lucky not to have suffered the same fate that Carolina Panthers’ wide receiver Rey Carruth suffered when he hired a contract killer to dispose of his wife. There are very real societal questions that ought to be asked as a result of Rice’s actions. Very real changes are in order. However, for all of the hand-wringing in the NFL corporate offices, and for all the interviews that NFL Commissioner Roger Goodell will do as he attempts to smooth over the league’s image (and keep his job) the questions linger: Will the...

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Take in a Baseball Game & Save Money

Whether it’s the crack of the bat, the great defensive plays, or the chance to sing your team’s 7th Inning Stretch song with 50,000 of your best friends, there is nothing like an afternoon or evening at the old ball game. Baseball is as American as apple pie. You would like to take in a professional baseball game more than once a year, but the prohibitive cost makes it something that is a rare luxury. Tickets, food, drinks and a souvenir can run the tab up and over the $100.00 mark. Is there anything that can be done? Your friends at Getting Money Smart want to help to take the sting out of seeing your favorite players at home plate and save you some money to boot. 1- Parking: You have budgeted for everything that I named above and...

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Dale Earnhardt Jr. Tops NASCAR Drivers Wealth

Commercialism is boldly exhibited in NASCAR racing more than any other sport. Corporations buy driver sponsorship’s to advertise on racing cars. The era of big prize money has exploded, rocketing Dale Earnhardt Jr. to the top of NASCAR drivers wealth. NASCAR is a money-making machine that rivals only Formula One racing for bringing in the cash. Drivers get paid in three ways. The top 43 competing on the circuit for all but a couple of months during the year receive a base salary, pay checks from sponsors and bonuses for winning races and often for finishing in the top three. NASCAR maintains a pool of prize money, which is known as the purse that comes from TV deals and sponsors. The purse is divided into cash prizes awarded to top finishers in each week’s races and it also hands...

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