The Online Investing AI Blog

When reading about finances or talking to people, I always hear the same useless advice: “You have to learn to save money.” or “It’s hard because the economy is so bad.”

This kind of talk is really just complaints and useless advice. Everyone already knows that saving money will improve their finances. But they have no idea how to do it.

After reading this great post that Matt found over at My Wife Quit Her Job, I noticed that the reason I like Steve’s blog is because it contains information that is fairly rare. It’s not about saving money, it’s about building a powerful positive cash flow asset. It’s not about lamenting about how hard life is and how hard it is to get a job. It is about how Steve’s profit is going up as unemployment rises and the economy goes down.

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Business Strategy, Internet, Investing, Money, Success, US Economy advice, blogs, business, economy, entrepreneurship, Internet, Money, my wife quit her job, saving, Success, unemployment

Here’s some of the best blog posts I’ve read about gold this week.

Mint.com’s blog has an interesting post about the gold ownership in each country in the world. The U.S. owns the most. More, in fact, than the second and third countries put together.

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Internet, Investing, Money, Success, US Economy blogs, debt, etf, gold, gold demand, information, Internet, Investing, posts, precious metals

This week has been a great week for gold posts. Here are some of the most interesting I found.

The Big Picture has a great chart of gold relative to the S&P 500. Although gold has hit a high in nominal terms, it is actually still low by many measures. This post shows that it needs to quadruple to hit a high relative to the S&P.

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Internet, Investing, Success, US Economy blogs, bullion, commodities, debt, etf, gold, government, inflation, Internet, Investing, Money, precious metals, silver

Financial planning, for some, is pretty boring. It means budgets and accountants and, God forbid, spread sheets.

But, actually, financial planning can be fun–and even a little quirky. Understanding credit cards can be a financial planning step.

All you need to do is find people who know something about finances and aren’t afraid to give you some pointers. That’s what I did this week. And here are some of the remarkable gems of wisdom I found about financial planning, buying, saving, and investing.

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Internet, Investing, Money, Online Investing AI, Success, US Economy bloggers, blogs, financial advice, financial planning, link, llinks, round up, weekly wisdom

Pic by beachpiks on Flickr

The best of the best. That’s what the Olympics is supposed to be about.

But it’s also about inspiration. When we see a perfectly executed triple axle, or a record-breaking slalom run, maybe we’re not ready to strap on the skates and skis, but we might be inspired to achieve another slightly less death-defying goal in our own field.

As a blogger, I feel the same inspiration. When I read some of my favorite blogs I realize I won’t be able to match the performance of these writers, but I feel inspired to try.

So, if blogging were a sport, and if this week was the start of the personal financial blogging Olympics, here are posts that would receive perfect scores:

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Investing, Money, Online Investing AI, Success blogs, Links, Money, personal finance, posts, roundup, wealth

Mondays stink.

Unless, of course, you develop residual streams of income. Then, Monday is just another day to earn money.

Residual income is derived from products and services that you work on once and they continue to generate income–perpetually. The internet has opened up more residual income streams than ever. Before, rent and royalties were about the only types of residual income stream available to the common person.

New residual income products and services include:

• eBooks
• Affiliate sales
• Blogs
• Web advertising
• Contextual ads
• Invention royalties
• Video and podcasting seminars

And there are a lot more. To learn more, you can check out the following sites, all of which specialize–in one form or another–in the creation of residual income.

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Business Strategy, Internet, Money, Online Investing AI, Success blogs, ebooks, freedom, job, monday, Money, personal finance, personal financial freedom, residual income, royalties, wealth singularity, work

Pic courtesy s_husson @ Flickr CC

I’ll start off our weekly collection of wise posts with a question: why do we call these “lessons.” Aren’t you learning more? Then, shouldn’t the right word be more-ons… oh, maybe that explains it.

Anyways, I’ve scoured the web this week to find some of the best posts on investing and making money. And some other personal financial topics, too.  Please feel free to peruse and click.

Also, I get email after email asking me: why didn’t you include my post? “I’m wise,” they say. “I’m interesting. Validate me.” I just want to tell both of you that I included the posts this week. Sheesh.

If, however, you believe your post was wrongly rejected by my scientifically-powered roundup, please include the link in the comment section.

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Accelerating Technology, Automated Trading, Business Strategy, Internet, Investing, Money, Online Investing AI, US Economy blogs, finance, fiscal, Money, posts, roundup, summary, weekly, wisdom

They say money can’t buy you happiness; but it can put a nice down payment on it.

If there’s one thing I’ve learned this week, it’s that trying to seek true happiness and fulfillment without financial freedom is nearly impossible and is more likely a result of chance, rather than strategy.

Spending and saving, investing, and mental attitude are integral to financial freedom.  Fortunately, we live in times where that information is free, readily accessed, and is almost continually updated and debated.

In this edition of Weekly Wisdom, we’ll pass on links that will help you on your way to financial freedom.

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Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Internet, Investing, Money, Online Investing AI, Success, US Economy blogs, financial freedom, fiscal, independence, Links, Money, roundup, saving, spending, wealth

Last week, I sent a quick New Year’s note to three of my favorite authors, Tim Sanders (Love is the Killer App),  Dan Pink (Johnny Bunko),  and Leonard Mlodinow (The Drunkard’s Walk). And guess what? Within an hour, all three had responded. How awesome is that!

So, that really got me thinking. The Internet has made two way communication not only possible  but fast. In the olden days, people would send letters by mail written by hand or computer. I think the vast majority of authors did not have the time or energy to respond to nearly all of this mail.

But times have changed. Now it is quick, easy and free. So authors can quickly and easily have two way communication with their audience.

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Accelerating Technology, Great Books, Internet blogs, books, communication, connection, dan pink, Internet, leonard mlodinow, newspapers, technology, tim sanders, twitter

One interesting thing I have noticed recently is difference in thinking between people who work for themselves (or own a company) and people who work for others. It is a difference in “can do” vs. “have to”.

As an employee, it is easy to fall into the habit of thinking in terms of “have to”. “I have to go to work at 9AM everyday. I have to work until I’m 65 years old. I have to sit in traffic because that’s how I go to work.” We are focus on the things that we have to do, and forget to think about how to improve the situation.

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Dreams Come True, Internet, Success blogs, business, employee, entrepreneur, motivation, self employed, Success