Archive for February, 2009
« Previous Entries Next Entries »Madoff’s Client List Revealed
Thursday, February 5th, 2009From the Wall Street Journal: Madoff Client List is Disclosed in Filing: Some notable names appear on the list, including Fred Wilpon, owner of the New York Mets baseball team. It isn’t clear how many of the clients listed had money at the firm at the time of Mr. Madoff’s arrest on Dec. 11. Other [...]
The “Flight of Talent” Argument Really Cracks Me Up
Thursday, February 5th, 2009The Obama administration has placed limits on executive pay. The opposition’s argument is that such limits will cause a flight of talent away from these firms, which brings up an interesting thought: Imagine how bad things could have gotten if we would’ve had less talented executives running things! I can’t say that I’m in favor [...]
It’s Called Long-Term For a Reason
Wednesday, February 4th, 2009Now that the market is down, I have all sorts of people (mostly Dave Ramsey fans) coming over to AFM and trying to rub my nose in some of my posts about mortgages vs. investing. Take for instance, this comment that was left on this post this morning by someone named LOL (I’m pretty sure [...]
The 10 Worst Januarys in S&P History (2009 was the worst!)
Tuesday, February 3rd, 2009January’s -8.43% total return for the S&P 500 Index was the worst in the history of the index*. I ranked the ten worst Januarys in the S&P’s history: This year’s January return was the worst by far. But, that’s just part of the story. Take a look at the next graphic, which shows the annual [...]
Question of the Day – Goals
Tuesday, February 3rd, 2009Here’s today’s Question(s) of the Day: Do you have goals? Are they written down? How often do you refer back to your goals to track your progress? I’m ashamed to say that I have gotten out of the habit of setting goals. I have always found the experience frustrating because I have a hard time [...]
What Do You Think of This Woman’s Mortgage Proposal?
Monday, February 2nd, 2009One of my friends posted this on her facebook page and I thought I would share it with you: It’s an interesting idea. But, I have some questions: 1. How could something of this magnitude be carried out? This would be huge! I don’t think it would be as easy as this lady makes it [...]
Help Larry Winget with His Upcoming Book
Monday, February 2nd, 2009Want to get your name in a best-selling book? Read this: Hey folks, I am writing my next book, which will be released next January. I am including two sections where I need your help. “The single best thing my parents ever taught me” and “The one thing I WISH my parents had taught me.” [...]
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