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One doesn’t need to be a financial wizard to manage personal finances. Though regulating finances might appear complex, it does not have to be. Just a little common sense and knowledge of basic principles of money management will enable you to make wise money decisions.

Despite a wide geographic reach and a diverse offering of gambling products, Penn National Gaming (Nasdaq: PENN) produced second-quarter earnings and revenue that fell below analysts' estimates and its own forecasts.

Are you one of those people frustrated with your inability to beat the stock market? Despite watching CNBC and Jim Cramer religiously, and reading The Wall Street Journal every day, you just can't seem to make it happen. Here are five ways I think that investors shoot themselves in the foot.

Investors are always hunting for the next big stock -- the dream stock
whose price increases several times over when the market finally
discovers it. It's easy to look back and discover the 10 best stocks of the past decade. But I'm more interested in the tools that can help me evaluate tomorrow's greatest companies.

As will be the case with other members of Big Oil, Europe's second-largest oil company, BP (NYSE: BP), is currently involved in a tussle between lower commodities prices and cutting operating expenses.

Sadly, there's no such thing as an ultimate buy signal
when it comes to investing in stocks. Identifying companies with the
wind at their back takes time, patience, and a good dose of due
diligence.

Sadly, there's no such thing as an ultimate buy signal
when it comes to investing in stocks. Identifying companies with the
wind at their backs takes time, patience, and a good dose of due
diligence.

When a stock hits a fresh high, it can mean that it’s on its way to greatness
-- or that it has run its course. Even with the risk of the latter,
searching for these outperformers can reveal companies that are doing
something right, much to their investors' delight.

After the 9/11 terrorist attacks, air travel plunged for obvious
reasons. People were scared. Flying, they presumed -- perhaps rightly
so -- was now more dangerous.

The current state of the economy has even well-known businessmen and financial experts shaking their heads
with uncertainty. But regardless of what happens next in one of the
most difficult periods investors have ever faced, you can ensure that
your portfolio has investments that will help you protect your wealth
and let it grow.