Archive for June, 2009
« Previous Entries Next Entries »How NOT to Conduct an Interview
Friday, June 12th, 2009I’m working on a review of Jonathan Clements’ new book, The Little Book of Main Street Money. While I’m doing that, watch this interview Jonathan did on Getting Your Money’s Worth. Try and count how many times Jonathan is cut off mid-sentence. Jonathan Clements on Getting Your Money’s Worth with Judith West I still haven’t [...]
Check Out the Kiplinger Recovery Index
Friday, June 12th, 2009I received an email from a PR person for Kiplinger’s yesterday introducing the Kiplinger Recovery Index: Identifying a turn in the economy is tricky business, especially when each day’s news seems to bring conflicting information. To cut through the noise, Kiplinger.com has developed the Kiplinger Recovery Index, which identifies 6 key economic indicators (shown in [...]
Can We Have a Recovery When People Have So Much Debt?
Thursday, June 11th, 2009I don’t know about you but I get nervous when I hear all the talk about hopes for a consumer-led recovery. Why? Because consumers are already maxed out: By the end of 2008, households were on the hook for $13.8 trillion in debt — nearly matching the $14.3 trillion output of the entire U.S. economy, [...]
And Now it Starts: Oil Price Predictions
Wednesday, June 10th, 2009Prediction: $250 Oil The price of oil starts moving up and all the sudden we have all these “experts” with their predictions.
Flawed Thinking (Part 2)
Wednesday, June 10th, 2009After posting Flawed Thinking a couple of days ago, I got to thinking about it. I left out one very important part of the story. Re-read the commenter’s first sentence and you’ll see what I mean: Two years ago we stopped investing in our 401k and we began paying thousands against the principal on our [...]
A Look at S&P 500 Index Returns and Time Horizon
Wednesday, June 10th, 20092008 screwed everything up! Take a look at the returns for the S&P 500 Index over the last 10, 20, 30 and 40 years: The last ten years were pretty pathetic and have led to new “research” like this. Anyway, to get an idea of just how bad 2008 was, I looked at the returns [...]
How Do You Measure Jobs “Saved?”
Tuesday, June 9th, 2009Reading assignment: The Media Fall for Phony ‘Jobs’ Claims I know I’m probably going to catch some flack for linking to an anti-Obama opinion. But, if you read the piece, you will find that even Max Baucus (a Democrat) questions these “jobs saved” claims: During a March hearing of the Senate Finance Committee, Chairman Max [...]
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