Archive for May, 2010
« Previous Entries Next Entries »Crude Oil (and Everything Else) Is Going Down
Thursday, May 20th, 2010Crude oil is now down nearly $20 per barrel from its recent highs. As a guestimate, I would say it’s down about 21% from its high this year. The real question is: how long can we continue with subdued inflation? I read a front page article in today’s WSJ about how inflation is at a [...]
Career Advice from 1900
Wednesday, May 19th, 2010I was perusing the free offerings for the Amazon Kindle and I came across a short book titled, The Young Man in Business, which was originally published in 1900 but was republished by gutenberg.net for the Kindle. Here’s a sampling of some of the advice that was offered to young men back in 1900: An [...]
Rant: Oil and Gas…
Monday, May 17th, 2010This is a short rant. Alrighty… Oil peaked recently at around $85 a barrel. Now it’s back down below $70 a barrel. Yet, gas prices are almost exactly where they were when oil was at $85 a barrel. The first thing we hear when gas prices rise, is how the price of oil has risen. [...]
Off-Topic Question of the Day – Do Our Tastes Change?
Wednesday, May 12th, 2010Have you ever noticed how something you may have liked in the past you no longer like now? For example, I saw a car from the 80s that I know I liked back in the day. But, when I saw it recently, I thought it was ugly. Did my taste change? Or, did I just [...]
A Review of “How an Economy Grows and Why it Crashes” by Peter and Andrew Schiff
Tuesday, May 11th, 2010I receive a lot of books throughout the year from various publishers. Some of the books are good. Some of them are boring and dry and I give up after one or two pages. A couple of weeks ago, I received a copy of Peter and Andrew Schiff’s How an Economy Grows and Why It [...]
Out of the “Office”
Friday, May 7th, 2010I’m at the Houston Zoo today with my wife, daughter, and mom. My mom’s visiting for awhile. I’ll be back to regular blogging next week. Have a great weekend everyone.
Financial Formulas Everyone Should Know – How to Calculate a Loan Payment
Wednesday, May 5th, 2010Let’s say you want to buy a house. You need to finance $200,000 for 30 years and your interest rate is 5% per year. Do you know how to calculate your monthly payment? Sure, you could go to an online calculator but it’s also good to know the formula. To make this particular calculation, you [...]
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