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[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jun 30, 2010: We all dream of possessing the visionary power of Warren Buffet, the Oracle of Omaha and one of the world's greatest stock market investors. What is it that makes him so successful?

Journalist Roger Lowenstein, author of "Buffett: The Making of an American Capitalist," makes the case that

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

Jun 28, 2010: While studying the performance of a stock or mutual fund we invariably come across these two terms - Total (also called Cumulative) and Annual return. If we are not aware of their definitions and what they represent, we may get unduly excited by looking at the wrong figures.

Annual Return -

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jun 25, 2010: At work be careful about how you use or talk about products that are in direct competition with your company's current line of products. Else you might earn the pink slip ........
Create a nice weekend and enjoy it thoroughly :).

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[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

June 21, 2010: Writing a will, and that too an effective one, may not be an easy task. For most people it is best to get help of an attorney. However there few things that we need to be aware of before seeking legal counsel.

Exercise This Precious Gift Carefully
Our right to make a will and distribute our

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jun 18, 2010: We usually trust doctors and surgeons. A feeling that we are in safe hands often helps us to ease off when we consult them for health complications. But with onset of cost cutting measures like outsourcing of crucial tasks to other countries, the question that arises is: "Can we still trust

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jun 16, 2010: At present, debt is one of the greatest financial problems plaguing our country. Most Americans are struggling with debt and high interest rates charged by creditors. In fact, the first rule towards building a saving is to pay off debts. The second is to avoid debts forever. If we pay off our

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jun 14, 2010: We often publish bank bonuses that have direct deposit as a mandatory condition to earn the bonus. Recently we received a question from one of our readers regarding the nature of transactions that qualify as a "direct deposit."


What are the various types of direct deposits? Does an ACH

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Jun 11, 2010: Last night we had a personal college reunion dinner party. It comprised of our college friends with whom we used to hang out the most. Among various topics of discussion, one was about the dismal state of our country's economy and the resulting job losses. We chose to keep the mood upbeat. So

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Jun 09, 2010: With increasing price of food and gas, it has become a challenge to save a substantial amount of our salaries to fund our retirement. The subprime mortgage fiasco has reduced the market value of our homes. Consequently, unless we have stellar credit records, it is becoming increasingly

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]


Jun 07, 2010: We own multiple mutual funds in our investment portfolio. These mutual funds' parent companies send us their prospectuses and annual reports on a regular basis. It is mandatory for them to do so. In this context we discovered "SAI."

What is a Mutual Fund SAI?

A mutual fund's prospectus

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jun 04, 2010: We can never bring ourselves to watch horror movies all by ourselves. Well you may call us babies but we really feel scared at the proposition. However we enjoy watching horror movies with a bunch of friends. This weekend we plan to have a horror movie party :). While we were busy trying to

Today we have the pleasure of introducing Heather Johnson through her guest post. Heather is a regular commentator on the subject of credit card types. She welcomes your feedback and potential job inquiries at heatherjohnson2323 at gmail dot com.


Jun 02, 2010: The summer is upon us, as evident by the children who were cartwheeling out of school this past Friday. Like many people, you are