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Archive for December, 2009

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Bidding Farewell to a Crappy Decade…

Monday, December 21st, 2009

As it stands at the writing of this post, the S&P 500 Index returned -9.16 over this past decade (January 2000 – December 21, 2009). Here are a few interesting tidbits I gathered from the data: • Of the 120 months of this past decade, 50 of them had negative returns. • Of the 50 […]

OT: Check Out This Violinist

Monday, December 21st, 2009

I couldn’t sleep last night so I grabbed my iPod and scrolled through until I found something interesting to listen to. I settled on Felix Mendelssohn’s Violin Concerto E minor, Op. 64 (classical music titles confuse me). This concerto has three parts. The last part, Allegro molto vivace is what I want you see. The […]

How About a Credit Card with a 79.9% APR?!?

Friday, December 18th, 2009

Beth sent me a link to this story this morning: Credit Card’s Newest Trick: 79.9 Percent Interest Basically, this bank used to charge $256 per year in fees on a credit card with a $250 credit limit. The new credit card laws limit fees to 25% of the credit limit. So,…the bank is now charging […]

A Blessing From the Recession

Thursday, December 17th, 2009

I read this in the WSJ this morning: Next spring, Fine Living Network, a cable channel created in 2002 at the height of America’s infatuation with affluent living, is slated to be phased out. In its place, Scripps Networks Interactive Inc. will launch the Cooking Channel. Gone will be “I Want That!” celebrating diamond-encrusted sinks, […]

Should You Convert to a Roth IRA in 2010?

Wednesday, December 16th, 2009

I listened in on a Roth IRA Converstion conference call with a Charles Schwab representative this morning. offers a pretty nice resource for Roth IRAs. In 15 days an opportunity will become available that will allow people at all income levels to convert a non-deductible IRA to a Roth IRA. Previously, that option was […]

Obama and the ‘Fat Cat’ Bankers (Rant)

Tuesday, December 15th, 2009

WARNING: This is a rant. If you’re an Obama supporter, you may not want to read this post. You have been warned. President Obama on 60 Minutes: “I did not run for office to be helping out a bunch of fat cat bankers on Wall Street,” Mr. Obama said in an interview on CBS’s “60 […]

“Free” Larry Winget Webinar Tonight…

Monday, December 14th, 2009

I hope everyone had a nice weekend. I just wanted to let you know that Larry Winget is hosting a “free” webinar tonight. The reason the word free is in quotes is that Larry asks that if you attend the webinar and LIKE IT, that you preorder his book, “Your Kids Are Your Own Fault […]

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