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A Stock I Wrote About is up 67% in Less than a Month…

A Stock I Wrote About is up 67% in Less than a Month...

My loss is your gain.  Less than a month ago, I told readers about the potentially strong upturn in place for carbon fiber maker Zoltek (Nasdaq: ZOLT).

Thanks to a just-released quarterly report, shares are now up a heady 67% from where I recommended them. And that's in just one month! I didn't add the stock to my $ 100,000 Real-Money Portfolio, awaiting a better entry point that never arrived. Hopefully, you were able to get in the action and have been able to secure a tidy gain.

Here's the odd part. This stock still has a lot more upside. After myriad false starts, this company is finally getting its act together.

How to quit spending more money than you make – GS8

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So, you spend more than you make – you are not alone

This is a tough one. Spending more money than you earn is common practice in the U.S., and increasingly in other countries around the world. Credit card companies have simplified the process so much that it requires quite a bit of discipline to live only on the money you make. This is a difficult task, but it is the first step (and most crucial) for most people to financial freedom.

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Did You Know The United States Has More Than $71 Trillion In Assets?

If you want to be more conservative, you could look at the national net worth instead of national assets.  By that metric, the collective net worth of the United States – that is, the total money left over after deducting all debt – stands at $ 57.4 trillion.  When viewed from that perspective, it doesn’t seem nearly as difficult to start making money and building wealth.  All you have to do in order to be successful is get a tiny, minuscule, imperceivable fraction of a fraction of a fraction of that to end up on your family’s balance sheet and you’ll be rich enough to afford anything you desire or require.

Other than a few tips for making money and saving money to help you get started on the basics, most of which are so obviously common sense that it is painful to realize many people continue to ignore it, what can you do to build your net worth and grow your investments?  The key is to get away from selling your time.  Instead, you need to be collecting dividends, interest, and rents.  By providing your fellow citizens with things they want, such as ice cream or alcohol, insurance or real estate, you can generate an income.  Therein lies the rub, doesn’t it?  Hence, the old saying, “It takes money to make money.”

But there is an equally true proverb that comes from ancient China.  It states, “All great fortunes comes from accumulated savings.”  The first $ 10,000 is harder than the first $ 20,000.  The first $ 20,000 is harder than the first $ 50,000.  The first $ 50,000 is harder than the first $ 100,000.  The first $ 1,000,000 is harder than the first $ 10,000,000.  That is the nature of compounding, investing, and business.  Success attracts success.  If you are starting from nothing, you can do it but it won’t be easy.  If it were, wouldn’t everyone have already accomplished financial independence?

Did You Know The United States Has More Than $ 71 Trillion In Assets? originally appeared on About.com Investing for Beginners on Wednesday, December 28th, 2011 at 04:45:51.

Warning: Stocks Like This One Could Lose You 90% in Less Than a Year

The economy is still struggling to find solid ground. The holidays are coming. And these two facts alone make investors more vulnerable to the kind of get-rich-quick pitches I see from companies like this one.
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Retirement Funds Should Consist of More Than Your 401(k) Money

With all of the talk of the 401(k), it has somehow become synonymous with retirement planning over the past 25 years.  You might even mistakenly believe that all there is to building a retirement fund is putting cash into a 401(k) account to invest in mutual funds.  But the process of building your retirement funds doesn’t have to be limited to the amount of money you can put away into your employer sponsored plans.  In fact, some of the most successful amateur investors in the United States built their fortunes through other means, a few of which are discussed in the article Don’t Limit Your Retirement Fund to Your 401(k) Plan.

Investing for Your Retirement FundsWhich options are right for your portfolio nest egg depends, in great deal, upon your own interests, skills, talents, and temperament.  One person might make a great real estate investor by purchasing single family homes and renting them out to tenants, but another might not be suited for the task and lose everything.  Still yet, another might be great at creating investment income by developing intellectual property whereas someone else doesn’t have that talent.

The point is, your retirement portfolio can be so much more than the options you see on the forms in the HR department.  In fact, there are many people who have become millionaires without ever purchasing a single stock in their entire life.  (Rose Blumkin, who sold her company, Nebraska Furniture Mart, to Warren Buffett’s Berkshire Hathaway for more than $ 60 million decades ago couldn’t even read or write English!).

All of this is to say: Investing in stocks, especially for your retirement fund, is a great option for a lot of people.  But it’s not your only option.  For some people, it’s not appropriate at all.  Don’t give up on your financial future if you don’t understand how Wall Street works or how a debenture differs from a secure mortgage bond.  Many, many people have grown rich without knowing such things.

10 Stocks with Dividends Higher Than 10%

By David Zanoni:

Here is a list of companies who pay at least 10% in dividends and have grown earnings annually at a minimum of 10% in the last five years. What do most of these companies have in common? Most of them are REITs, which are Real Estate Investment Trusts. When a company operates as a REIT, they distribute at least 90% of their annual taxable income to shareholders, and in return, do not have to pay U.S. federal or state corporate taxes on their taxable net income. There are also some interesting companies in this list that are not REITS. Let’s take a look.

American Capital Agency (AGNC) is a REIT that invests in agency pass-through securities and collateralized mortgage obligations where the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government sponsored entity. They are well-valued as their stock price of $ 27 is only