Credit Cards: A new bag of tricks…

Today I got an offer for a new Visa credit card. Now, most credit cards offer you incentives for signing up, a low introductory APR, low interest rate balance transfers, gift cards, and the like. But this offer was different, by signing up for this card. I could get a free Dell laptop.

Ask InvestorGeeks: How do I invest in a Foreign Company?

Recently one of our readers sent us an email asking us how to invest in a foreign company. Below you’ll find their oringinal question, and a tidier version of my response to it. Which contains a bit more information than when I first responded.

Simple questions: If I found a company (Australia’s Peplin: PEP) that
looks promising, how would I buy shares? How would an American buy PEP,
for example? Could I do this through ETrade?

Teaching kids about money and credit

I recently read an article in the Washington Post discussing, an issue facing many individuals today, credit cards. The article describes a birthday party in which the guest of honor recieved, at age 11 no less, a prepaid credit card. Understandably the author and her husband, denied their young daughter’s request for a credit card of her own. When the author goes on to state that it is equally as irresponsible to give a credit card to a high school or college aged young adult that I begin to question her rationale. It got me to thinking about what constitutes a sound financial upbringing.

My Asset Allocation Problem

If you have less than $50,000 to invest in securities you kinda get screwed. All of us here at InvestorGeeks are just starting out, in our Mid-20s and have less than $50k in investments. Now I love to learn about investing, but I’m nobody’s fool, and so I want to build a foundation of safe diversified funds until I master selecting value stocks. However, because of my low account balances, I get whacked with maintenance fees that can be pretty stiff. This is a problem because I’d like to diversify my portfolio, but lose more and more of my returns because of these fees. So I’ve come up with an action plan, and I’m hoping you’ll provide feedback before I go ahead an implement it in the next couple weeks.