Archive for July, 2009
« Previous Entries Next Entries »Do These Arguments for Raising Minimum Wage Make Sense?
Monday, July 6th, 2009I read an interesting piece in today’s Wall Street Journal about the minimum wage. The article mentions two positives for raising the minimum wage: …many economists also see long-term positive effects for the economy from boosting the income of those at the bottom of the economic ladder. They note that many small businesses may benefit [...]
The 2009 Personal Finance “How to” Roundup
Monday, July 6th, 2009Welcome to the latest edition of “How to” Personal Finance Roundup. As you can tell from the list, this is a massive roundup. Don’t worry though. You don’t have to read all the entries now. I’d suggest you bookmark (click on the Share this icon at the bottom of the post for saving options) this [...]
HAPPY 4TH!
Saturday, July 4th, 2009I hope everyone has a great Independence Day!
Pardon My Skepticism
Friday, July 3rd, 2009Under pressure from newspaper articles uncovering congressional expenses, Nancy Pelosi announced that congressional expsenses would be published online beginning August 31. It turns out that the date has been pushed back to mid-November due to “concerns” about security and support. I don’t quite follow the security claim, which wasn’t discussed in the article I read [...]
Question of the Day – What’s Your Total Debt to Income Ratio
Thursday, July 2nd, 2009I was looking over our financials this morning and calculated that our total household debt (including our mortgage) to income ratio is .81. By this time next year—assuming we make no purchases on credit—that number should be around .75. I’m pretty happy with that number—especially when I hear that the average household’s ratio is around [...]
Year-to-Date Total Returns for the S&P 500 and Other Indexes
Thursday, July 2nd, 2009Here is a quick look at the June and year-to-date total returns for the S&P 500, S&P MidCap 400, S&P SmallCap 600, and S&P 1500 Composite Indexes: Surprisingly, all the indexes are positive year-to-date but are still way off from their highs. It’ll be years before we get back to the levels seen in 2007.
Join the Jonathan Clements Fan Club on Facebook
Wednesday, July 1st, 2009I created a Jonathan Clements Fan Club on Facebook. If you’re a fan of Jonathan’s work, please join the club. Jonathan’s book was also reviewed yesterday at Walletpop. There’s also a Larry Winget Fan Club you can join if you’re interested. Larry’s pretty active on Facebook, which makes it fun.
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