Archive for August, 2007
« Previous EntriesFrom U.S. News: Five Nasty Credit Card Surprises
Friday, August 31st, 2007It’s been a busy day for a Friday. I have had a ton of interesting stuff to blog about. I’m afraid if I don’t post it today, I’ll forget about it!
Anyhow, my contact at U.S. News & World Report sent me links to three interesting articles regarding credit cards that I thought I […]
Congrats to Trent!
Friday, August 31st, 2007Trent over at TheSimpleDollar and his wife welcomed a baby girl into their family today (I think). I’m pretty sure they are going to name her TheSimpleDaughter. LOL!
Anyway, as much as I ranted on Trent last week, I do want everyone to know that I don’t harbor any hard feelings and I wish […]
Bloomberg vs. CNBC - Which One Do You Prefer?
Friday, August 31st, 2007First off, I don’t normally watch financial TV. Why? Because it’s too noisy and there’s so much conflicting information that I think it does nothing but confuse people. That said, this week I was flipping through the channels and decided to check out Bloomberg TV. Believe it or not, I had […]
JLP’s Weekly Roundup (Week of August 27, 2007)
Friday, August 31st, 2007Here’s a few posts from the MoneyBlogNetwork (and beyond) over this past week:
Nickel asks if using IRA funds to buy a house is a good or bad idea.
FMF with why having a budget is the first step to getting out of debt.
MBH hosted this week’s Carnival of Debt Reduction.
Jim takes a look at WTDirect, a […]
Crisis Council From Ben Stein - Good Stuff!
Thursday, August 30th, 2007Fortune, one of my most favorite magazines, has dedicated their latest issue to the topic of risk. One of the cool features of this particular issue is their nine-page section called “Wall Street Voices - Crisis Council,” which are the opinions of some of the bigwigs on Wall Street (and Omaha, NE) regarding the […]
The Subprime Mess: State by State
Thursday, August 30th, 2007Take a look at this map I found on Fortune.com. It’s a state-by-state look at subprime mortgages. The redder the area, the greater number of subprime loans. Take a look at California:
NOT GOOD!
The reason this is big news is that when real estate prices were hot, people who took out subprime loans […]
The “Luck Factor” in Investing
Wednesday, August 29th, 2007Did you ever think about how luck factors into saving for retirement? I never did until last night after I put together a couple of spreadsheets in Excel.
Take a look at this chart:
The reddish line represents the monthly growth of an S&P 500 portfolio using the actual monthly returns of the S&P 500, which […]
Question of the Day - Where do You Buy Your Groceries?
Wednesday, August 29th, 2007Here’s today’s question(s) of the day:
Where do you normally shop for groceries? Why?
We usually buy our groceries at Kroger. I know it’s not nearly as cheap as Wal Mart but I absolutely HATE shopping at Wal Mart. Our Kroger is much more convenient and I like the fact that I can go […]
Small Ways Wealth Begets Wealth
Wednesday, August 29th, 2007Today’s Getting Going column by Jonathan Clement’s is titled The Small Ways Wealth Begets Wealth (free). It’s about how saving relatively small amounts of money can help you build wealth.
For instance, by saving just $100 per month, a person can eventually build up a savings account for emergencies so that they don’t have to […]
A Very Interesting Quote From Sam Stovall of Standard & Poor’s
Tuesday, August 28th, 2007I was watching Bloomberg TV’s Open Exchange with Pimm Fox this morning. One of Pimm’s guests was Sam Stovall, chief investment strategist at Standard & Poor’s. Today’s topic was the risk in the market and whether or not people are scared or should be scared. Here’s what Sam Stovall said:
“Since 1950 we […]