Rathunas Capital

This has always been the down fall of a lot of consumers. Having this available credit line and the so called perks of the card. It doesnt take long for someone to max that credit card out. Now comes time to pay for those purchases.  The banks make it look like oh you only have to pay $30 a month and you will be fine. That just compounds over and over and it just means more money for the banks and you still do not get out of the debt.

Look at that interest rate you have 10% to 19% even 29%. That is crazy how much you are paying these guys.  This was created to keep you in debt and the banks to keep raking in the money.

When you look at paying debt off your credit cards should be the first to go. More than likely the credit cards whill ahve the highest interest. Look and see where you can cut some costs each month and reallocate that money to paying off the credit cards.

Do not fall for the vacation travel points, sky miles, or cash back. Its all bait to pull you in and make  you think you are getting something out of it.

Get to rathunas by getting out of debt and change your spending behavior.

I am becoming more and more of a fan of take your lunch to work. Watching my budget and spending habits I am amazed at what I see. I am spending $13 a day. Yes I said it $13 a day! Thats $3380 a year. Ugh I cant believe how much money I have been wasting over the years.

It is really smart to take your lunch to work but be sure to get away from your desk to eat it. You really do need a break during the day or you will go insane. Every day I enter in my receipts into my iPhone and sync them up to my YNAB software. With taking my lunch to work I am inputing less and less receipts. This is a very happy thing.

Stop wasting money and take your lunch to work. You will see great benifits at the end of the month.

When it comes to investing you think long term. I do not encourage trading because you have to try and time a stock and time the market as well. The average person does not have the time to analyze all the variables serveral times a day.

         Stick with long term investing. The best long term investing which will focus on compounding interest are dividend stocks. I always foucs on stocks which provide a monthly dividend. These stocks each month pays me for owning them! The stock can go up in price long term and I get a dividend each month. Any stock with a monthly dividend should not be in your portfolio. Be sure the stock is a good value.

• Low debt to income ratio
• Low PE compared to other stocks in its industry
• Volume over 100,000 shares a day trading
• PE Ratio under 15
• Institutional ownership is greater that 35%

     Be sure you have DRIP (Dividen reinvestment plan) enabled. This way every month when you get your dividend it goes back into buying more shares. This is great for compounding interest. Over time you will build more wealth much faster than stocks with a dividend. Remember slow long term non fancy investing is the way to long term prosperity.

This has been something that I see other people doing every day or find myself doing at times.  Yes I know “wow there is a chance of being a millionaire!”.  The liklihood of this happening is millions of millions to one of winning. Thinking that you are going to be the next millionaire is just crazy just why waste your money on it. I know someone who spends $20 every Friday on the lottery. Lets see $20 every week is $1,040!!! That is really a good chunk of money that could have been saved or invested. Better yet take that money and pay off some debt.

I have found myself on a cruise ship waiting for my wife to get done getting ready for a meal while I am just bored. I just walked down to the casino and spend $40 on the video poker machine. Yeah I didnt win anything and just watched that money go bye bye. It sure isnt like playing video poker on your cell phone or laptop. Why? The machines in the casinos are programmed to increase the odds of a higher winning hand being dealt. Remember these casions were built on people losing money to them.

I will never make these mistakes again and will move forward and prosper.

My adivce avoid all kinds of gambling! Be smart put that money to better use.

Taking my knowledge of Stock trading and investing to incorporate some very fundamental ideas. I will be adding subjects like retirement, spending, budgeting, books, savings and debt. There will be facebook kind of spin on this idea to build a social network around these subjects. 

Rathunas Capital means prosperity money. I believe everyone should prosper in life. I would like to help everyone with this.

The Euro keeps falling and looks to continue tomorrow. Germany has banned some short selling in banks which makes people wonder. I am still sitting in cash and don’t see an end to this yet. Everything is taking a huge hit. Pretty much if you can short something. Short stocks with exposure to Europe.

Yeah still not going to touch this market with the VIX still above 25. Sitting on the sidelines with cash. Trust me I love what I am seeing with some of these values. So just look but do not touch.

I have a lot of concerns about the EU and their debt crisis. This thing has so many bad vibes it could be worse than DOW 9,000. Yes now knowing the US is looking to be helping the bailout with $50 billion. It just gets worse the spending and bailouts and who is going to pay for this. Be very careful and do not buy right now.

Looks like everyone is realizing the fact that the $1 trillion bailout isn’t what is cracked up to be. After the mass hysteria of Monday everyone on Tuesday is realizing who is going to pay for this and it is really just a bandaid. Just spread the pain around. Yesterday was very predictable. I hope everyone was able to cash out on the dead cat bounce around 10am yesterday. I am in cash and just watching all this unfold.

This nice bounce has given an oppurtunity to sell. Cash out of whatever you have.  10AM is the true test when you see the weekend news fade.

Concerns continue to mount in this uncertain time for the EU. Many government financial leaders from across the world are putting pressure on EU leaders to have this resolved fast. The plan from EU leaders is to have a plan before the Asian markets open on Monday. This might be a temporary relief for the markets. And when I mean temporary I mean like a day or two. Some fear the DOW could hit 9,000 before it could hit 11,000 again. This would erase huge amounts of wealth in the world. Stay on the sidelines. Once this is over there will be plenty of great value deals all around. Fundamentals are still great for US Stocks and should stay that way.