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Archive for July, 2008

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One Reader’s Response to “Let ‘Em Fail” Post

Monday, July 28th, 2008

Most of the comments on my last post were in agreement with my point of view. But, there was one comment that I want to highlight. It follows: I suppose I am one of the irresponsible home buyers. I purchased my home 3 years ago (at the high) I now realize I payed too much, […]

Let People (and companies) Fail!

Monday, July 28th, 2008

When my wife and I bought our house nearly nine years ago, we made sure to buy a house we could afford. No, it wasn’t our dreamhouse. In fact, we drove by it several times before we decided to give it a look. It needed tons of updating, which we could not afford to do […]

Announcing the Winners of the Liz Pulliam Weston Giveaway

Monday, July 28th, 2008

Well, I’m back from my long weekend and ready to get back to blogging. The first order of business for today is to announce the winners of the latest AFM Giveaway. The randomly-selected winners are… Commenters: #3 – Tom #73 – Manoj Both Tom and Manoj will receive copies of Easy Money* and Your Credit […]

Have a Nice Weekend!

Friday, July 25th, 2008

I’ll be out until Monday. I’ll announce the winners from the latest giveaway on Monday so there’s still time to sign up if you haven’t done so. Have a nice weekend!

Question of the Day: 4-Day School Week?

Thursday, July 24th, 2008

Read this: Schools Eye Four-Day Week to Cut Fuel Costs It seems more and more school districts are moving to four-day school weeks as a way to save money on fuel. I’m not a fan of this idea for two reasons: 1. It will make the other days too long for the kids (and teachers). […]

My Dealership is Shutting Down!

Thursday, July 24th, 2008

I was in my local dealership today, dropping off my Rendezvous to have the brakes checked out. I was standing there and I overheard one of the service writers on the phone talking about how they were shuttering the GM department (Buick, Cadillac, GMC, and Pontiac). The first thing I thought was, “Where the hell […]

How to Annualize a Rate of Return

Wednesday, July 23rd, 2008

According to the Vanguard website, the Vanguard S&P 500 Index Fund is down 12.07% YTD as of yesterday’s close. To get an idea of what that return would look like if it were to continue for an entire year, you can annualize the YTD return. It’s a fairly simple calculation to perform as long as […]

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