Some interesting money articles for Sunday reading.
Happiness In Frugality Is True Happiness by Dawn @ Frugal for Life.
Saving Too Much @ Brip Blap.
Six Ingredients for Generating Passive Income by Ben @ Money Smart Life.
GM and the UAW Tentatively Agree on New Contract by Jeremy @ Generation X Finance.
10 Common Investing Mistakes Or Just Personal [...]
I hate working over the weekend! I hate working over the weekend! Did I mention that working over the weekend sucks? The end of every quarter is a busy time at my job and this quarter was worse than normal for my team so I was stuck there late Friday and spent all day Saturday working. The [...]
I’d like to highlight Free Money Finance’s post today regarding the subject of “who pays for college.” My parents paid for our college tuition, so I grew up with this natural expectation: that parents help pay for their children’s education. And the study described in FMF’s post indicates that this is the case for [...]
Ben at Money Smart Life discussed the necessary elements for generating passive income. My definition of passive income is a little different. If I have to be very active in generating the income, it won’t be passive any more.
Golbguru at Money, Matter, and More Musings took a look at vehicles of financial frauds. Phishing, vishing, [...]
I’m pleased to introduce today a new addition to the content on Money Smart Life .…. drumroll please. Now you can get your quick money fix from QuickCents, a new section of Money Smart Life that offers quick money tips for busy people like you!
What is QuickCents?This new section is a way to offer money making or money [...]
The last trading week of the month ended on the up note despite the moderate decline on Friday. With the lack of other significant economical and policy news, the contract agreement reached between GM and the labor union grabbed the headline last week and was hailed as a landmark contract that could bring competitiveness back [...]
With the Red Sox clinching the AL East for the first time in 12 years, I can finally relax a little bit. That relaxation is going to last only a couple of days. The playoffs start on Wednesday of next week, so it will be nail-biting time again. For the next [...]
Over the past few weeks, I have been getting increasing number of messages from readers about some Bank of America scam emails and related fake websites. As such, I though it would be in order to discuss some of these issues by the way of a dedicated post. Although, the content below is by [...]
September is rapidly coming to a close, and October is coming in strong. I am really not looking forward to October because it is my busiest month of the year. It is benefits fair time, and that means hundreds of miles of additional driving, weeks of waking up at 3am just to get to [...]
For quite some time, Dodge & Cox International Fund (DODFX) was the top performer in our mutual fund investments. Less than two months ago, our investments in the fund have returned more than 100%. However, the market downturn since then has eroded some of the gains. Now the overall return of this fund is down [...]
Those Canadians have it made! Or do they? I’ve talked with two Canadians recently about their health care system and taxes and neither one of them seemed too pleased.
With the rising cost of health care in the US, having medical services funded by the government sounds pretty nice at first. Here is a summary I [...]
This is probably the umpteenth article I’ve written about the subprime lending mess and for some reason, I still find something else to say about it. It seems that nary a day goes by without some mention of the doom and gloom hitting the property market.
In the past, I covered the causes of [...]
Interesting articles today:
AskDong says now may be the time to buy TIPS, Treasury inflation protected securities. The argument is the recent rate cut by the Federal Reserve could spur inflation, making TIPS appealing.
Everybody Loves Your Money shows your net worth and your age. Looks like I should be in my 50’s now from the [...]
As my regular readers know, we are a dual income, no kid, couple in Silicon Valley, which has one of the highest costs of living in America. I was flipping through a real estate magazine the other day and a 1000 sq. ft, 3 bed, 1 bathroom, with no updates was going for [...]
This week, I want to take a look at how people put together their retirement accounts. Are you strictly an index or ETF investor? Do you load up on company stock? I’m a mixed bag myself, as I have a little bit of company stock along with stock options, some index funds, a few [...]
There are many ways to invest in emerging markets, led by two most populous countries China and India. You can buy them as part of the BRIC (Brazil, Russia, India, and China) countries with State Street’s SPDR S&P BRIC 40 ETF (BIK) that I have discussed before. Or you can invested in ETFs that are [...]
Many times, the blame for mindless consumerism falls squarely on the “social pressure” to spend. Here are just a couple of examples (out of many available) of how the “pressure” comes into play.
From a TIME magazine article “What America Buys and Why“, published in October 2006:
Status also drives us to shop. It’s what motivates [...]
When I visit my relatives over in New Jersey and Virginia, I often marvel at the acreage they’ve got over there. When you say you live in suburbia, you’re talking about these houses that are sitting smack on huge parcels of land that are green as far as the eye can see. There’s [...]
Who doesn’t want to spend more time doing what they enjoy and less time working for money? After reading about both active income and passive income recently I came up with a list of things that can help you move towards generating passive income.
The IdeaYou need either a great new idea or a great way to [...]
Making A Major Life Change: Is It Time For Kathy To Abandon The City? by Trent @ The Simple Dollar. Don’t forget to go over the comments on this one.
Moving Is Going To Save Us A Ton Of Money And Improve Our Quality Of Life by David @ My Two Dollars. More on moving [...]
Found this deal on FatWallet today and thought it’s worth mentioning.
If you still want an ING Direct account, despite their mediocre interest rate (currently at 4.30% APY), you can net $50 bonus if you open an account and fund it with $250 initial deposit before September 30, 2007.
Interested?
Use this link and promotion code NY3 to [...]
HSBC Direct, another popular online bank that offers high yield savings accounts, has just lowered its interest rate to 4.50% from 5.05% APY following last week’s Fed rate cut. The 55 basis points reduction is by large the largest among major online banks. Last week, ING Direct reduced interest rate for its Orange Savings account [...]
A few days ago, this news on BBC just wouldn’t let me concentrate elsewhere (source):
Zimbabwe’s annual inflation rate slowed in August to 6,592.8% from July’s record of 7,634.8%, according to the Central Statistical Office (CSO).
…
At the end of August, President Mugabe introduced jail terms of up to six months for anyone caught trying to [...]
Trent from The Simple Dollar has been on a cheeseburge kick lately. He’s gone through quite a bit of time and effort to write about his experience buying a McDonald’s Double Cheeseburger vs. making his own burgers at home. He comes to the conclusion that “it was more time-effective to make the [...]
I am a do-it-myself person when it comes to investing. I do my own research and make my own investment decisions. I don’t use a broker or financial adviser.
However, if you want to get some professional help for investing/financial planning, it’s always good to know as much background information about the broker/adviser as possible before [...]
