BankRate Financial Test For High School Students Might Surprise You (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comment

Our friends over at theBeanCounter Blog recently commented on a financial test that was given to over five thousand students located around the country. This same test can be found at one of the most trusted bank sites the Internet has to offer in Bankrate.com. The test is short and sweet, consisting of only twelve multiple-choice questions. If you would like to see how you fair on this high school financial test then you can visit BankRate and give it your best shot!

BankRate High School Quiz

On a side note, I strongly support MORE stress on financial responsibility in our high schools (and earlier). Too many people these days often times find themselves in such a financial mess that it messes up their life (and sometimes other people’s lives) for a long period of time. I can personally only remember one class in high school that was even remotely close to teaching me how to handle my money responsibly. I am glad to see tests like this and would love to see finance hold a more predominant presence in our school systems. Stop letting people learn how to handle their money the hard way.

Good luck with the quiz and let me know how you do.

22Dollars Goes On Vacation - Next Stop: Paradise (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comment

Hi everyone. I am back from my much-needed vacation that included a private cruise in Paradise and a wedding in Philly, PA. Everyone had a great time and all would agree this was an "adventure" that I could write a book about. I won't get into details but lets just say we all had a great time. Well I am back now and wanted to let all my great readers know that I will be back up and posting again soon. On a side note I would like to congratulate Dan and Jodi and wish them all the best. It was great to finally reunite with many of my college friends who still remain my best friends. I have to go unpack now but will get back to everyone shortly! Thanks friends :-)

Technical Analysis - Chart Pattern Recognition Series (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comment

I have had many requests from virtually all my colleagues to further explain what I look for in a stock in terms of technical fundamentals and chart patterns. I am far from an expert in this subject but I do not like seeing many of my friends fail to maximize profits (or worse, lose money) because they don't recognize proper stock injection points, the only time I will buy a stock.

I have thus decided to start a stock chart pattern recognition series. In this series I will show you basic stock patterns and how they certain patterns tend to resolve bullish while other patterns will resolve bearishly. Recognizing these before they happen can make you a considerable amount of money.

I will talk about chart patterns such as Double Top/Bottom, Head and Shoulders, Falling/Rising Wedge Triple Top/Bottom, Flag Pennant, Symmetrical, Ascending & Descending Triangles and Price Channels. Oh and did I mention my personal favorite - The Cup and Handle.

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