Archive for November, 2008
« Previous EntriesYear-to-Date Sector Total Returns
Sunday, November 30th, 2008Here is a quick look at the yeart-to-date total returns (includes dividends) for the ten sectors that make up the Dow Jones Total Market Index. As you can see, 2008 has not been kind!
I’ll update the Israelsen Portfolio next.
A Way You Can Help!
Sunday, November 30th, 2008Here’s a worthwhile program you can donate to:
According to their website, the Shoes for Orphan Souls has given away 1.6 million pairs of shoes to orphan children here in the United States and throughout the world. That’s great but there are 143 million orphans in the world! The need is still great. [...]
Young Investors Should be More Conservative?
Sunday, November 30th, 2008I read an interesting and – shockingly – unique piece of financial advice the other day which I’ve been turning over in my mind ever since.
The advice was embedded in a very typical personal finance article on retirement under USA Today’s “21st Century Retirement” collection. The title of the article is How [...]
What’s the Best Way to Help Someone?
Sunday, November 30th, 2008The Houston Chronicle has been running a series called GoodFellows, in which they profile a family in financial straits that can’t afford Christmas.
The stories are both sad and maddening. They are sad because these families need help and maddening because so many men fail to take responsibility for their actions. For [...]
Robert Rubin Disappoints Me
Saturday, November 29th, 2008A front-page article in today’s Wall Street Journal talked about Robert Rubin’s role ($) during the Citigroup turmoil. From the article:
Mr. Rubin said it is a company’s risk-management executives who are responsible for avoiding problems like the ones Citigroup faces. “The board can’t run the risk book of a company,” he said. “The board [...]
Wal Mart Employee Trampled to Death by Crazy Shoppers!
Friday, November 28th, 2008This is why I don’t go out on the Friday after Thanksgiving:
Wal-Mart Worker Dies After Crowd Rushes Store
It’s just not worth it to save a few bucks. I say this as my wife and mother-in-law are out shopping at this very moment!
Happy Thanksgiving
Thursday, November 27th, 2008I just wanted to wish everyone a Happy Thanksgiving. Enjoy the day!
Larry Swedroe’s Thoughts on the Credit Crisis
Wednesday, November 26th, 2008Here are Larry Swedroe’s thoughts on the credit crisis and the steps that are being taken to kick start the economy. For those of you not familiar with Larry, read the disclaimer at the bottom of the post. Also, Larry just published a brand new book titled, The Only Guide to Alternative Investments [...]
Check Out Ramit’s “No Christmas Gifts This Year” Project
Wednesday, November 26th, 2008Ramit of IWillTeachYouToBeRich is always up to something. Check out his latest project:
NoChristmasGiftsThisYear.com
Here’s the idea behind the website in Ramit’s own words:
This year, Americans are planning to spend over $400 on Christmas gifts. Instead of buying things we can’t afford, here’s a way to do something more meaningful.
I like this idea. Especially, when [...]
Three Approaches to a Crumbling Economy
Tuesday, November 25th, 2008Americans have never really had to deal with the kind of runaway inflation, nonexistant job market, and extreme political instability that has battered economies around the world throughout history.
Sure, we had the Great Depression, but it wasn’t nearly as bad as the kind of depressions/conditions other countries have wrestled with. Still, it [...]