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Archive for June, 2009

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Flawed Thinking…

Tuesday, June 9th, 2009

Check out this comment that was left the other day on one of my old mortgage posts: Two years ago we stopped investing in our 401k and we began paying thousands against the principal on our home. We only have $1,500.00 left to pay and the property is ours and we didn’t lose our a$$et$ [...]

Anyone Having Problems Posting Comments?

Monday, June 8th, 2009

I recently installed a different commenting software program. For the most part I like it, but this afternoon I got an email from Sam (a long time reader and commenter on this blog) telling me that he hasn’t been able to comment for over a month now. Anyone else having problems? If so, please send [...]

Surprise! People Are Spending Less on Weddings!

Monday, June 8th, 2009

Read this on the WSJ.com website: The average cost of a wedding in the U.S. was $19,212 in the first quarter, down from $21,814 last year and $26,450 in 2005, according to Wedding Report Inc., a market-research company. A survey by Brides.com earlier this year found that 82% of the couples who responded set a [...]

Check Out This Interactive Unemployment History Graphic

Sunday, June 7th, 2009

Check it out: Unemployment History Graphic (Give it a second to load) It’s amazing what you can find on the internet.

Darn. Discover’s Closing My Account Due to Inactivity

Saturday, June 6th, 2009

From Discover: Dear JLP: At Discover® Card, we are committed to working with you to manage your credit needs. This includes periodic account reviews. Our latest review of your account shows that it is not currently active. we are sorry to see tha tyou have not taken advantage of what Discover Card has to offer. [...]

What Should Happen to Angelo Mozilo?

Friday, June 5th, 2009

The SEC has charged Angelo Mozillo with fraud. You can read the full complaint here (PDF). The article seems pretty clear that Mozilo was aware of just how bad things were while he was dumping his company stock. Mozilo had always played the “I-don’t-know-how-this-could-have-happened” card. I remember reading in the Wall Street Journal (I can’t [...]

Question of the Day: Kids and Money

Thursday, June 4th, 2009

I was just taking a money survey over at Charles Schwab and came across this question: Of the following, which are the most important lessons in saving and investing for parents to teach their children? Select up to two options: A. Live within your means B. Begin saving at an early age C. Avoid high [...]

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