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Archive for December, 2008

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I Like This Quote From Alan Abelson!

Tuesday, December 23rd, 2008

For some reason I got the December 15th issue of Barron’s today (I got the December 22nd issue on Saturday). Anyway, Alan Abelson’s column ($) was about the Madoff fraud. I like this quote from his column: What Madoff’s investors lacked in numbers, they more than made up in wealth. Which proves that cupidity and […]

Rethinking Our Kids’ Allowances

Tuesday, December 23rd, 2008

I’ve written in the past about how my wife and I handle our kids’ allowances. Basically, we pay our boys $10 per week. That allowance means that my wife and I are not hassled for stuff every time we go to a store. If they want to buy something extra, they have to use their […]

I Think We’re Seeing Stock Market Capitulation (This is Good News!)

Tuesday, December 23rd, 2008

From yesterday’s Wall Street Journal [empasis mine]: Harris Cohen, a 25-year-old project manager with Amtrak in Washington, D.C., opened an individual retirement account in 2001, when he was 18, and filled it with stocks he thought had a bright future, including Apple Inc. and Garmin Ltd. He bought mutual funds that invest in alternative energy […]

Ten For Tuesday (December 23, 2008)

Tuesday, December 23rd, 2008

Here’s this week’s Ten For Tuesday 1. Day 9 of Wisdom Journal’s 12 Days of Christmas. 2. David over at PimpYourFinances has 20 Questions with J.D. Roth – author of Get Rich Slowly. 3. The Digerati Life shares her thoughts on the Madoff Ponzi scheme. 4. Mrs. Micah talks about freelancing and how she sets […]

Larry Winget’s Thoughts on ‘Poor Boomers’ Comments

Monday, December 22nd, 2008

Recently, ‘Poor Boomer’ left the following comments on AFM about education: Poor Boomer: What’s with all the education hype? I have an awful lot of education and a minimum wage income – so what’s so great about education? JLP: poor boomer, Education does not equal a great income. Have you ever asked yourself why you […]

Q&A With Visa About Debit Cards

Monday, December 22nd, 2008

Note: currently has an advertising relationship with Visa. When did Visa first release its debit card? What was the genesis of the debit card? Debit cards first appeared in the 1970’s, but they didn’t hit mainstream until 1995 with the launch of the Visa Check card. Today there are more than 800 million Visa […]

How Much Did You Pay in Property Tax This Year?

Monday, December 22nd, 2008

My property tax bill has been sitting on my desk, staring at me for a couple of months now. I’m waiting until the last minute to mail it because I don’t want to part with the money. I have until January 31, 2009 to pay it without penalty but I want to pay them in […]

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