Financial Instruments

 Instrument Maturity Risk  
Certificate of Deposit   90 days or more   None if insured




   Corporate 5–30   years   Some
   Municipal 1–20   years   Some
   Stocks Immediate   Low to high


 U.S. Treasury

   Bills  1   year or less   None
   Notes  1–10   years   None
   Bonds  10–30   years   None
   Mutual Funds  Varies   Low to high
  Retirement Funds  When buyer is 60 years  old   Low

Getting Out of Trouble

I found this information on It’s a great website for increasing financial understanding and options. I would highly recommend exploring the site; even if you feel that you are the best money manager in the world.

Reasons why consumers can’t pay

  •  loss of income (48%)
  • Unemployment (24%)
  •  Illness (16%)
  •  Other (divorce, death) (8%)
    overextension (25%)
  • Poor money management, Emergencies, Materialism, Need for instant gratification
    defective goods and services (20%)
  • fraudulent use of credit (4%)
  • other (3%)

Signs you are in Trouble

  • You don’t know how much you owe.
  • You often pay bills late.
  •  You get a new loan to pay old loans.
  •  You pay only the minimum balance due each month.
  • You spend more than 20% of your net income (after paying rent or mortgage) on
    debt maintenance.
  • You would have an immediate financial problem if you lost your job.
  •  You’re spending more than you earn, using your savings to pay for day-to-day expenses.

 First steps to take if you can’t pay your bills

  •  Take another (close) look at your budget and cut your expenses.
  •  Be realistic about what you can afford (the hardest) and
    contact your creditors
  • Tell them why you can’t pay, that you intend to pay, and when/how much you will be
    able to pay.
  • You may be able to work out a new payment schedule.

The app for Dough

Better World Books

Powered by Conduit Mobile

Please download the app at and look for BloggApp; the picture for the app is a green apple. Using the app you will be able to locate credit unions, seek and find financial coaches, shop for mortgages and compare savings. Its free !! so what can you lose.

IRA Contribution

Contributions made only between ages of 22–30 (9 years)

•$2,000 contributed each year
•Total investment of $18,000
•At an interest rate of 9%, by age 65 will have $579,471


Contributions made only between ages of 31–65 (35 years)

•$2,000 contributed each year
•Total investment of $70,000
•At an interest rate of 9%, by age 65 will have $470,249

Business Development Companies (“BDC“)

Last Friday I wrote a post about BDC and why I would take a look at it. As previously stated BDC is a good way to invest in startups without necessarily being an angel investor which requires a lot of money. Today Wells Fargo Business Development Company ETN is trading at $ 25.90. As always please ,please do research and determine if in the long run its worth a buy and as always make sure that you don’t invest more than what your comfortable loosing. As Much as I like this company I would not buy more than two stock because I would want to limit my exposure to a potential significant loss; after all stocks go up and down. Please click on the picture to see the full profile of Wells Fargo Business Development Company ETN (BDCS)


Top 5 Sectors
Portfolio weighting
Business service 
Consumer goods 
Consumer service 
Financial service 


1 month -2.28%   3 years
3 months +2.00%   5 years
1 year +24.76%   Since inception +9.11%
Data through 04/06/2013
There is a lot of room for growth in startups and it could be exciting just accept that at the same time there might be some losses.