Michael Lewis , Author at Money Crashers

Top 10 Most Valuable Types of Collectibles in the World

Michael Lewis — Fri, 06 May 2022 16:46:00 +0000

The desire to accumulate physical objects seems to be inherent, present in the little girl who collects Barbie dolls or the late-night TV host who keeps 126 classic cars and motorcycles in a specially built garage. For some, the motive to search for and acquire a specific item is the sheer fun of the activity.

The post Top 10 Most Valuable Types of Collectibles in the World appeared first on Money Crashers.

7 Ways to Reduce the Cost of a College Education

Michael Lewis — Wed, 15 Sep 2021 03:09:00 +0000

According to a report from the Bureau of Labor Statistics, approximately two-thirds of high school graduates enroll in college the fall following graduation. While most experts agree that a college education affects annual earnings by at least $20,000 (an estimated $1 million over the course of a working career), a 2011 Pew Research poll reported

The post 7 Ways to Reduce the Cost of a College Education appeared first on Money Crashers.

7 Types of Small Business Loans – Pros & Cons

Michael Lewis — Thu, 05 Mar 2020 22:04:03 +0000

Entrepreneurs and small business owners seeking funds to grow their businesses can either seek equity funds from investors or borrow funds from a lender. Seeking new equity is time-consuming, subject to federal and state regulations, and requires sharing future profits. In some cases, an owner might even lose control of their company if management decisions must be

The post 7 Types of Small Business Loans – Pros & Cons appeared first on Money Crashers.

Lost Treasure Hunting – Inside the World’s Largest Quests for Riches

Michael Lewis — Thu, 26 Sep 2019 21:10:51 +0000

For most, treasure hunting is a pleasant hobby and an opportunity to enjoy the outdoors. Some of the world's most expensive treasures are still hidden, waiting for someone to find them. But is the possible payoff of treasure hunting worth the risk? Whatever your success in finding treasure, you will undoubtedly be rewarded for the activity. Avid hunters point to the health benefits of hiking, especially in the rough territory, as well as the joy of exploration.

The post Lost Treasure Hunting – Inside the World’s Largest Quests for Riches appeared first on Money Crashers.

Consumer Price Index (CPI) as a Measure of Inflation – How It’s Used

Michael Lewis — Fri, 03 May 2019 22:46:28 +0000

The Consumer Price Index, or CPI, increasingly affects Americans of all ages, incomes, and location. Yet few citizens understand how it’s calculated, how it’s used, or its strengths and shortcomings. The CPI is one of the most important figures calculated by the Bureau of Labor Statistics (BLS). It reflects the rate of inflation that has

The post Consumer Price Index (CPI) as a Measure of Inflation – How It’s Used appeared first on Money Crashers.

How Immigration Affects the U.S. Economy – 11 Myths to Dispel

Michael Lewis — Fri, 12 Oct 2018 16:00:00 +0000

Immigration has long been a controversial subject for Americans, despite the country’s reputation as the world’s melting pot. In times of economic uncertainty, emotions run especially high, and partisans on both sides of the political divide use immigration controversy for their own gain. Knowing what’s fact and what’s fiction is particularly tricky in the unregulated, anonymous world

The post How Immigration Affects the U.S. Economy – 11 Myths to Dispel appeared first on Money Crashers.

Should You Buy a Swimming Pool? – Costs, Types, Pros & Cons

Michael Lewis — Wed, 11 Jul 2018 00:00:35 +0000

“Success will be when I can have a real swimming pool instead of the fifty-dollar one I buy at Kmart every year,” quips singer-songwriter Nathaniel Rateliff. For many, pools are a status symbol signifying “luxury, leisure, and above all, glamor,” according to Lucy Scholes of the BBC. They’re also a lot of fun. Swimming is

The post Should You Buy a Swimming Pool? – Costs, Types, Pros & Cons appeared first on Money Crashers.

10 Ways to Protect Your Privacy Online & Prevent Hacking

Michael Lewis — Fri, 08 Sep 2017 13:00:48 +0000

In May 2017, more than 230,000 computers around the world were taken hostage by the WannaCry malware worm. Known as ransomware, the unknown developers surreptitiously gained control of computers running the Microsoft Windows operating system, encrypted the users’ data, and demanded a payment of $300 in untraceable bitcoins to unlock the system and access information.

The post 10 Ways to Protect Your Privacy Online & Prevent Hacking appeared first on Money Crashers.

Investment Advisor vs. Financial Planner: What’s the Difference?

Michael Lewis — Wed, 30 Mar 2016 16:15:27 +0000

Seeking and finding the perfect advisor is not always easy, especially in an industry filled with confusing acronyms. According to the Financial Industry Regulatory Authority (FINRA), there were more than 160 different professional designations. In addition, terms such as financial analyst, financial advisor, financial consultant, and wealth manager are generic titles and can be used

The post Investment Advisor vs. Financial Planner: What’s the Difference? appeared first on Money Crashers.

Country Wisdom & Investing – 6 Old-Time Sayings Relevant to Your Finances

Michael Lewis — Thu, 21 May 2015 17:40:42 +0000

Country wisdom is the collection of practical experiences gained by generations of pioneers, farmers, and ranchers as America transformed from a vast frontier to the world’s greatest economy. That experience – the result of constant trial and error – was passed from parent to child in plain language that left no room for misinterpretation. Living

The post Country Wisdom & Investing – 6 Old-Time Sayings Relevant to Your Finances appeared first on Money Crashers.

6 Responsibilities & Duties of a Modern Chief Financial Officer (CFO)

Michael Lewis — Wed, 01 Oct 2014 00:45:51 +0000

Over the past couple of decades, the role of the modern CFO has been, and continues to be, redefined. The advent of new technology allowing for enhanced data collection and analysis tools – as well as operating management’s demands for reliable real-time information – has extended the CFO’s responsibility to all aspects of the company. International commerce and

The post 6 Responsibilities & Duties of a Modern Chief Financial Officer (CFO) appeared first on Money Crashers.

How Identity Thieves Get Your Info – 7 Ways to Protect Yourself

Michael Lewis — Wed, 11 Jun 2014 14:30:09 +0000

In 2013, the FBI arrested a ring of identity thieves responsible for more than $13 million in losses over a two-year period, from 2007 to 2008. Tobechi Onwuhara, a Nigerian national, impersonated victims across the country to scam their credit card companies into transferring millions of dollars from their customers’ home equity line of credit (HELOC) accounts,

The post How Identity Thieves Get Your Info – 7 Ways to Protect Yourself appeared first on Money Crashers.

4 Crucial Strategies You Need When Investing for Retirement

Michael Lewis — Fri, 06 Jun 2014 17:45:03 +0000

While there are a variety of investment options available to everyone, an astute investor must practice good fundamentals to control risks and optimize potential returns, including taking the time to be informed. As stated by Peter Lynch, renowned manager of the Fidelity Magellan Fund from 1977 to 1990 who beat the S&P 500 index 11

The post 4 Crucial Strategies You Need When Investing for Retirement appeared first on Money Crashers.

How to Prevent Identity Theft and Protect Your Personal Information

Michael Lewis — Mon, 28 Oct 2013 12:14:32 +0000

In 2013, Americans were shocked to learn that the National Security Agency conducted mass surveillance of its citizens by intercepting and monitoring Internet and phone traffic within and outside of the country’s borders. When challenged, government officials justified the collection on the basis of national security and ongoing threats of foreign terrorism within the U.S.,

The post How to Prevent Identity Theft and Protect Your Personal Information appeared first on Money Crashers.

7 Legitimate Reasons to Delay Saving for Retirement

Michael Lewis — Fri, 14 Jun 2013 15:45:23 +0000

While saving for retirement is important, there are times when it makes sense to delay making investments. Most people invest for retirement in a tax-advantaged plan such as an IRA or 401k with early withdrawal penalties and adverse income tax consequences. While these vehicles provide tax-advantaged growth that help your money grow, they can wreak

The post 7 Legitimate Reasons to Delay Saving for Retirement appeared first on Money Crashers.

4 Secrets of Investment Success – Tips to Gain Wealth

Michael Lewis — Mon, 29 Apr 2013 21:45:23 +0000

Human beings have always been fascinated with “secrets” through which power is attained, riches gained, and success assured. Our belief in secrets and its natural cousins, conspiracies and superstitions, often appears when we are under stress, dealing with matters seemingly outside our control. According to Science Magazine, humans in those situations have increased illusory pattern

The post 4 Secrets of Investment Success – Tips to Gain Wealth appeared first on Money Crashers.

How to Find a Good Lawyer and Pay Attorney Fees

Michael Lewis — Wed, 26 Sep 2012 00:40:03 +0000

Lawyers – what would we do without them? More than half of the signers of the United States Declaration of Independence were lawyers, including John Adams and Thomas Jefferson. 19 of 43 presidents have been attorneys. More than a third of the House of Representatives are lawyers, along with 60% of the senators. For better

The post How to Find a Good Lawyer and Pay Attorney Fees appeared first on Money Crashers.

5 Reasons to Sue Someone and Alternatives to a Trial or Lawsuit

Michael Lewis — Thu, 20 Sep 2012 19:30:36 +0000

The practice of using the law to resolve conflicting claims has been in place since Hellenic times, and Americans in particular have embraced the courtroom with exceptional fervor. There is a new lawsuit filed every two seconds in America, with more than 15 million across the country in 2011. Suing has become a growth industry;

The post 5 Reasons to Sue Someone and Alternatives to a Trial or Lawsuit appeared first on Money Crashers.

How to Prevent Lawsuits – What to Do If You Are Sued

Michael Lewis — Thu, 20 Sep 2012 14:30:45 +0000

Few things are as vexatious as the receipt of a notice that you’ve been sued. Some liken the experience to being somewhere between being fired and losing your home. Being sued is highly personal, guaranteed to elevate your blood pressure, upset your stomach, and set off a headache. Unfortunately, there were more than 15 million

The post How to Prevent Lawsuits – What to Do If You Are Sued appeared first on Money Crashers.

7 Keys to Achieve Financial Success

Michael Lewis — Fri, 07 Sep 2012 17:25:34 +0000

“What should I do?” Over the years, I’ve been asked innumerable times by people for advice about investments, insurance, and other financial matters in the hope that there is a simple, one-size-fits-all strategy that can be easily implemented in their own lives. I wish there was a single solution, that one plus one always equals

The post 7 Keys to Achieve Financial Success appeared first on Money Crashers.