Archive for February, 2009
« Previous EntriesHow NOT to Say “No Thanks” (In my opinion)
Friday, February 27th, 2009I sent the following email to one of my favorite authors, asking for an interview opportunity:
Mr. _________,
I have been a fan of your work for many years now. I was wondering if I could do a short email interview with you regarding the current economy and how people can cope with facing a layoff. [...]
I HATE This Idea: Taxing Drivers By the Mile
Thursday, February 26th, 2009There’s a new commission report (study) out about Americans and their driving. From the Wall Street Journal:
The government should make it a lot more expensive for Americans to drive and should install devices in cars that levy a fee for every mile traveled, according to a report being released Thursday by a congressionally chartered [...]
Are S&P Index Earnings Calculated Correctly?
Thursday, February 26th, 2009I just read an interesting piece by Jeremy Siegel that explains Standard & Poor’s methodology for calculating the earnings for the S&P 500 Index. The S&P 500 Index is a market-weighted index, which means that larger companies (based on market value) are a larger percentage of the index. However, as Dr. Siegel points [...]
If Only EVERY Home Buyer Was This Ready!
Wednesday, February 25th, 2009I saw this post over on the FatWallet forums:
I recently read a thread about a person wanting to purchase a home. Almost all of the posters told the OP he was not financially ready. This made me wonder what everyone thinks of my situation, as I am under contract to purchase my first home.
My info:
Single
27 [...]
As Goes January, So Goes the Year? Not Last Year!
Wednesday, February 25th, 2009Remember the other day when I posted about Sam Stovall’s book, , and his 7 rules of investing? At the time I wrote that post, I had not yet seen his book. Well, yesterday I read browsed through the book at Barnes & Noble and got some clarification on his point number 2, [...]
Question of the Day – When Will We Get Back to “Normal?”
Tuesday, February 24th, 2009Okay, we have talked a lot about the current economic crisis and what caused it. Now let’s look to the future with the today’s Question of the Day:
When do you think things will return to normal?
By “normal,” I mean the economy starts growing again and people start putting money back into the stock market.
I [...]
What Do You Think of Sam Stovall’s 7 Rules of Investing?
Monday, February 23rd, 2009Sam Stovall (remember him?) has writtten a book on investing titled The Seven Rules of Wall Street: Crash-Tested Investment Strategies That Beat the Market* (remember Sam?). Kiplinger’s interviewed Sam about his book and asked him about his seven rules. I haven’t read the book so I’m not sure the reasoning behind some of [...]
Question of the Day – Online Content
Monday, February 23rd, 2009I read in today’s Wall Street Journal, an editorial about how newpapers should be charging for online content just like they charge for print editions of their papers. The ONLY paper I pay for online content is the Wall Street Journal.
I thought this would make a good question of the day.
Would you pay for [...]
Amen!
Thursday, February 19th, 2009Santelli’s Chicago Tea Party.
I like this: “The new administration’s big on computers and technology. How about this president and new administration: Why don’t you put up a website to have people vote on the internet as a referendum to see if we really want to subsidize the losers’ mortgages…”
Thoughts on the Latest Mortgage Bailout Plan
Thursday, February 19th, 2009This comment left by Alan Chen on the Wall Street Journal article about Obama’s Mortgage Bailout Plan, hits the nail on the head (except for the last sentence):
This is absolutely disgusting. $275 billion to 5 million people who took a risk recklessly and purchased homes they could not afford? They’re simply GIVING away $55,000 tax [...]