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Archive for January, 2010

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Why Bite the Hand that Feeds You?

Saturday, January 16th, 2010

No matter what your politics, this has to bother you: Accord Reached on Insurance Tax for Costly Plans – New York Times “Let me tell you something,” Mr. Obama said, pointing to elements of the legislation he said would increase access to health care. “If Republicans want to campaign against what we’ve done by standing […]

My 5-Year Old Daughter Gets It (at least some of it)

Saturday, January 16th, 2010

This morning I was lounging around with my wife and daughter (the boys were still sleeping). My daughter, who is five-years old and is in kindergarten, was looking at a kids’ clothing catalog. She’s just now learning numbers and she pointed out to me that some clothes were $14 while other similar clothes were $11 […]

GASP! A Credit Card with an APR of Over 700%!

Friday, January 15th, 2010

Check this out: Credit Reform and My New 703.8% Card Now before you say, “Damn! That’s a high APR,” read this: Department Stores National Bank, which issues the card, charges a “minimum interest charge.” On my average daily balance of $3.41, that minimum charge worked out to “an actual annual percentage rate” of 703.80%. (Part […]

IT’S OFFICIAL: Henry Blodget Says It’s Okay to Walk Away From Your Mortgage!

Thursday, January 14th, 2010

Anyone remember Henry Blodget? Well, he was the dude who worked for Merrill Lynch during the internet boom. He talked up internet stocks in Merrill Lynch research reports and then dissed those same stocks in private emails. He eventually lost his job and settled a lawsuit with the SEC without admitting or denying wrongdoing and […]

Reader Question: Should I Buy a Smaller or Bigger House?

Thursday, January 14th, 2010

I was going through my inbox and found this email that came to me the week I was gone for Thanksgiving. I apologize for my tardiness but the question was interesting enough that I decided to go ahead and post about it. Here is the email: JLP – I just found you site so forgive […]

Before Politicians Start Expressing ‘Outrage’ at Wall Street…

Thursday, January 14th, 2010

I think they should give back any contributions they received from Wall Street. Seriously, I’m getting tired of the ‘righteous indignation’ against all things Wall Street when the policitians who are raising a stink accepted political campaign contributions from these very firms! Not only that, they (from both sides of the aisle) wanted more homeowners […]

Announcing the Winners of the David Bach Book Giveaway

Wednesday, January 13th, 2010

Okay, here are the five winners of the David Bach giveaway: Commenter #’s: 3 – Dan 10 – Michael 24 – abhishek 38 – Billy 49 – Sean Each of these winners will receive a copy of Start Over, Finish Rich: 10 Steps to Get You Back on Track in 2010*. Congrats to the winners. […]

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