Expectant fathers and mothers are often told that it’s never too early to start saving for college. Unless they have an unusually precocious child, most parents have 18 years to accumulate enough savings to pay for college expenses. Then again, if their child is unusually precocious, maybe a free ride on an academic scholarship is [...]

I attended the Guangzhou Convention of Overseas Scholars in Science and Technology last month in Guangzhou, China. Needless to say, my most recent trip to China left me extremely impressed. Here’s a quick run down of the hits and misses.The Convention. Very organized. Had no problems with the convention, the accommodations or the transportation. A [...]

The Los Angeles Times ran an interesting article today on pay option loans. Essentially, these home loans work just like credit cards in that each month the lender only requires a minimum amount due. This minimum amount though does not even cover the interest due, leading to negative amortization. In other words, by just paying [...]

When the first Chinese arrived in America, they were literally searching for gold. Today, the goal is no different. However, instead of gold, the rush is for cash, real estate, stocks, bonds, and mutual funds. With new financial options available to the modern Chinese, the age old challenge remains. So long as you have a [...]

While the dot.com meltdown may have sobered up investor expectations as well as lightened up brokerage account balances, the interest in stocks, bonds and mutual funds remain. However, the one thing that has not changed is determining what the best approach is to investing. Should an investor just buy an index fund? Or, would selecting [...]