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Archive for May, 2010

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Worst May for the S&P 500 Index Since 1962

Friday, May 28th, 2010

As you can see from the following graphic, this May’s return ranks as the 5th worst in the history of the S&P 500 Index and the worst since 1962. Not a good start for the summer. I have a pretty cool follow-up to this post coming. Stay tuned…

Hillary Clinton’s Comments on Brazil

Friday, May 28th, 2010

I’m not posting this to discuss her remarks about the rich and taxes. Rather, I want to discuss the following comment made by hillary in this video: “Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what — they’re growing like crazy,” Clinton said. “And the rich are getting richer, but they’re […]

This is Awesome…

Wednesday, May 26th, 2010

Saw this over on Greg Mankiw‘s blog. Pretty funny but it makes you think:

Is Deflation a Bad Thing?

Wednesday, May 26th, 2010

Here is the definition of deflation according the Barron’s Finance and Investment Handbook* (Fourth Edition): “…decline in the prices of goods and services. Deflation is the reverse of inflation; it should not be confused with disinflation, which is the slowing down in the rate of price increases. Generally, the economic effects of deflation are the […]

Is Paying a Fee to Become One of Dave Ramsey’s Endorsed Local Providers a Conflict of Interest?

Tuesday, May 25th, 2010

Dave Ramsey has a program where he refers people to Endorsed Local Providers. An ELP is someone who has submitted an application to get on his list. I’m not sure how stringent the application process is. However, I have read that applicants must pay a fee to get on Dave’s list. To all us Dave […]

The S&P 500 Index Is Down 9.54% In the Month of May

Friday, May 21st, 2010

Ouch… The total return for the S&P 500 Index for the month of May (through May 20th) is -9.54%! If it stands for the rest of the month, it will go down as the 4th worst May in the history of the index. In fact, it will be the worst May since 1940. The index […]

Humor: You Know You’re a Parent When…

Thursday, May 20th, 2010

1. you reach into the 12-pack box for a Coke and it’s empty… 2. you see a glass full of orange juice sitting on the counter that one of the kids poured (to the brim) but didn’t bother to drink… 3. you find your tools out in the front yard (usually AFTER a good rain)… […]

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