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Articles in the Pitfalls category


Don’t Forget to Do Some Preventative Maintenance
Posted in Lifestyle, Motivational, Pitfalls on 7 November 2007

Preventative maintenance can go a long way for your car or your home. We do regular oil changes, and tune ups to keep our cars running smoothly and to prevent costly breakdowns. We replace the roofs on our houses every decade or so to prevent interior water damage. Unfortunately, if you forget to do these [...]

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Are You Safe If Your Bank Fails Like NetBank?
Posted in Banking, Personal Finance, Pitfalls on 1 October 2007

When you think about investment risks and market downturns, you would generally think that savings accounts, CDs, and Money market savings accounts would be the a safe way to store your money to avoid those things. Thats what Applied Cognetics, a small software development and online marketing firm thought. The founders had about $1 Million [...]

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Who Hates Robert Kiyosaki? Here’s My Take On The Backlash
Posted in Entrepreneurship, Pitfalls, Reviews on 26 September 2007

Robert Kiyosaki is the author of the popular rich dad book series, the most famous of which being Rich Dad Poor Dad. He has since released a series of books in the areas of entrepreneurship, personal finance, and investing. He’s built himself a mini media empire by the name of Cashflow Technologies. However, not everyone [...]

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Real Estate Wealth Seminar Scams: Then and Now
Posted in Pitfalls, Real Estate, Reviews on 24 September 2007

Want to make millions in real estate? You better be extremely hard working, patient, and know what you’re doing. Going to a seminar will not make you rich. Buying whatever that seminar is selling will definitely not make you rich. To make real money in real estate investing, simply learn and do, [...]

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Spending And Buying: How Stuff Becomes Crap
Posted in Consumerism, Personal Finance, Pitfalls on 9 September 2007

What is the best way to decrease your saving and investing capabilities? Buy tons of stuff. That stuff will eventually compile and at the end of it’s cycle, it becomes crap. First, you see something you like and chances are you only like it temporarily. You think it would be awesome to own that item [...]

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