swanksalot / Flickr
This is a post by BargainBabe.com writer Yazmin Cruz.
Pawnsearcher.com is a new site that helps you find discounted items for sale at pawn shops across the country. The site is fairly easy to use and best of all it’s free. You do have to create an account, however. Once the account is established, you can start searching for things like tools, electronics, and more.
In a previous post, Bargain Babe wrote about how to make money from spring cleaning by selling unwanted gold jewelry at pawn shops. If you’re looking for jewelry, you’ll want to check out this site.
Be advised that you won’t find
The Facey Family / Flickr
This is a post by BargainBabe.com writer Yazmin Cruz.
If you’re cleaning up your home this spring, don’t just throw things away. Make money from spring cleaning by selling things you no longer need or want. Below you will find my suggestions for where to sell used books, clothes, electronics and much more. I added five suggestions to avoiding a major headache when selling items.
- Clothes – If your clothes are in good condition try selling them at a local local flea market. This will be time consuming as you’ll have to find a local flea market and wait till an interested party approaches you. If you don’t have time for this, use sites like eBay and Smashion.com. (more…)
This post is brought to you by CouponCactus.com, a great source of online coupon codes for taxes, groceries, and more.
Woman are better at riding out stock market crashes, while men are more likely to sell during lows, says the Sunday’s New York Times. “There’s been a lot of academic research suggesting that men think they know what they’re doing, even when they really don’t know what they’re doing,” said John Ameriks, a Vanguard exec who co-authored the study. (Kind of like how men hate asking for directions…)
Men’s overconfidence led them to trade stocks nearly 50 percent more often than women. “This added trading drove up the men’s costs and lowered their returns,” the story said.
It is interesting that the story and the researchers interpret men’s propensity for selling in a volatile market as overconfidence and not emotional weakness. I bet many people – men and women – who sold stocks as the market fell last year were motivated by fear. Fear that their investments, their retirement, and their future would be dashed if they didn’t do something about it.
The emotional pressure to survive a falling stock market may have been felt greater by men, who carry a societal burden to be breadwinners. That could be a factor in why men mistakenly sold off stocks more often then women. If there’s one thing I’ve heard about being a good investor, it is that you can’t make financial decisions based on emotions and come out ahead.
Men’s overconfidence, however, also led them to take greater risks than women, which can mean bigger returns. Women feel safer with the slow and steady earnings from bonds, apparently.
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It’s unclear how significant these differences are, and the reasons behind it. Nature? Nurture? Or…? Researchers are studying how our emotions effect our finances and are looking at ties between testosterone and risk-taking. In the meantime, I’m holding onto what I’ve got.
