I’d like to bring your attention to an article I wrote for the Prosper blog entitled: 6 Ways To Manage The Risk Of Peer To Peer Lending, which discusses a few pointers about risk management in the realm of social lending. I thought I’d cover this ground a bit over here as well, with [...]
Original post on The Sun’s Financial Diary
Before I applied for a Citi Driver’s Edge card back in December, I thought I could take advantage of the no-fee 0% balance transfer offer for 12 months and use the money to payoff our car loan which has an interest rate of 4.90%. Since I have been a [...]
This is a guest post by Randy Peterman — a software developer, husband and father living in Colorado. He runs a quirky personal finance blog called “Watch My Money Maker.”
In devastation I looked at my investment account – I had a remaining $13.28 cents in my trading account after selling out of yet another losing [...]
With our cars being around 7 years old now, it will soon be time to look into the car market again. This time around though, we won't be purchasing NEW vehicles as they depreciate 15% as soon as you drive it off the lot. Why not buy a car that is 2-3 years old and [...]
Original post on The Sun’s Financial Diary
US stocks reversed course Wednesday, making a 240+ points swing from down 154 points to close the session up 90 points.
As stocks turned around, gold also got a boost to reach a new record of $945.80 an ounce. The precious metal rallied after a government report showed that inflation [...]
The Carnival of Personal Finance #140 – Prison Break Edition at The Financial Blogger had some very interesting stills from the show “Prison Break” peppered throughout his carnival post, which gave me my next theme idea for a carnival when I host one again. But that could be a while from now… Anyway, [...]
[The following is part 2 of a two-part guest post by Adfecto from Aspire 2 Wealth. I recommend you read part 1 first. Though I initially disagreed with him, I admit that he made some great points. He was kind enough to consolidate many of those thoughts into two posts. If [...]
This is a guest post by Chris Smude. Chris is the President and Founder of Smude & Associates – an entrepreneurial intellectual capital organization with a specialization in the financial services industry. You can also find more posts on his blog.
Heads up!
A lady (not a client) called me last week about a notice that [...]
My cheap friend at work thinks I’m crazy to pay a monthly fee for an online bill pay service. I’m pretty tight with money so when I call him cheap that’s really saying something.
He’s thinks it’s even crazier still that I pay $20 annually to have them mail me a CD that contains all of [...]
2 Guest Posts Today From Prosper Members.
Lending on Prosper is Exciting!
by vegetable_lasagna
Sure I could invest money in CD’s, mutual funds, bonds etc. But how boring is that?!?! With Prosper, I feel like I am running my own business – the bank of ME. Except, I don’t have to deal with hiring any employees, answering the phones, [...]
With the introduction of the 40 year mortgage in Canada, people who couldn't afford a home before can now own a home due to lower monthly payments.
For example, a $200,000 mortgage @ 6% over 25 years would cost approximately $1280 / month. Over 40 years, the payments would be $1090, or a difference of $200/month.
The [...]
Original post on The Sun’s Financial Diary
Dodge & Cox, the respected mutual fund company based in San Francisco, CA, is about to launch its fifth fund in its nearly 80 years of history. According to a story on Morningstar.com, Dodge & Cox has submitted paper to SEC for approval of a Global Stock Fund, which [...]
Congratulations to Lily of The Honest Dollar for winning the TurboTax Premier software. There were nearly 100 entries of all types, from comments, incoming links, and those who found the hidden posts in the archives. Thanks to everyone who took part. I look forward to being able to provide more opportunities for contests like this [...]
[The following is part 1 of a two part guest post by Adfecto from Aspire 2 Wealth. He left a great comment on this subject. Though I initially disagreed with him, he made some great points. He was kind enough to consolidate many of those thoughts into two posts. If you [...]
“Get Rich Slowly” is not just a name of a highly recognized personal finance blog, but is also a financial battlecry for a lot of financial bloggers and PF (personal finance) heads. It’s such a mantra that I thought it would be a great idea to write a series focused on wealth building, but [...]
Original post on The Sun’s Financial Diary
Do you rebalance your portfolio?
If you do, how often do you rebalance? Once a year? Semi-annually? Or every quarter?
Or maybe you do it whenever you think is necessary.
Why rebalance?
The main reason for rebalancing is to maintain a portfolio’s target asset allocation. As time goes by and market moves, [...]
I’ve always dreamed of being a movie producer. That’s not true, exactly. Always would imply that as a chubby-cheeked infant I was clutching my rattle and thinking about who to cast in the sequel to Emmet Otter’s Jug-Band Christmas, The River Bottom Nightmare Band Strikes Back. But as I’ve gotten older I realized there were [...]
I read a great article on Tim Cestnick's site today regarding what Canadians should do with their RRSPs when permanently leaving Canada for retirement. That is, how to efficiently minimize the tax of withdrawing from RRSP's when one becomes a non resident of Canada.
The actually learned a lot from this article, and I thought I [...]
[Sung to the tune of Ernie’s Rubber Duckie…]
Prosper Lending, you’re the one
You make tax-time lots of fun…
This past Friday, I was having lunch with the author of the RateLadder peer-to-peer lending blog and the talk got on taxes. (What? You don’t talk about taxes at lunch with your friends? How strange!) [...]
Looking back at my investing track record and past experiences, there’s a lot I could’ve done to get better results. Not that I’m complaining — after all, we’ve been in the midst of some major returns over the last several decades, during which I’ve been an active investor in the stock market. But [...]
Original post on The Sun’s Financial Diary
Three incidents happened over the weekend made me feel the headache of the login processes at online banks and credit card companies.
I appreciate all the improved security features that financial institutions are now adopting to prevent illegal access to others’ accounts as more and more people rely on conducting [...]
I haven't posted about a money saving strategy since I posted about 25 ways to save money, but I came up a tip to write about while shopping over the weekend.
On a typical Saturday morning, my wife and I will get up, have breakfast, relax for a bit, then head out on our adventure for [...]
Original post on The Sun’s Financial Diary
Jeremy at Generation X Finance redefined risk. and argued that investing in stock markets is not as risky as you would think. I heard investing in bonds, which is considered as safe heaven, actually is in the long term.
Ben at Money Smart Life described his flood pain and how [...]
Prosper Days is right around the corner. Steven Dubner of Freakonomics is the keynote speaker. It will be 1.5 days of fun and p2p lending education in beautiful San Francisco, CA. Join the fun sign up for Prosper Days today: register now. Bloggers get in for free.
From around the Prosper and Personal Finance blogosphere:
RateLadder wrote [...]
Original post on The Sun’s Financial Diary
If you do, are you a regular player? Or only buy tickets occasionally?
I don’t consider myself a player, but I do buy a few tickets when the jackpot reaches $100M. Sometimes 2. Sometimes 3. The most was 5. Since I almost have never won any prize [...]
