Archives For July 2011

Here’s today’s Question of the Day:

What (NEW) financial are you reading these days? Do any of them stand out to you?

Feel free to list a few in the comments. NOTE: I’ll have to approve each comment since they will contain links.

Two of these ideas are really only useful if you live in a large city but they’re interesting anyway…

Monday Map: State and Local Sales Tax Rates, 2011.

It’s been a while since I have posted a question of the day. Here’s the latest:

Do you recycle? If so, do you have to pay for it and how much?

When we first bought our house in 1999, our city offered curbside recycling as part of our normal trash service until they ended the program a year or so after we bought our house. Then, last spring, I started seeing Waste Management’s green and yellow bins out by the curbs of some of my neighbors. So, I called my city and asked them if there was a recycling program. She gave me the number to Waste Management and I called and set up an account.

I have to pay roughly $10 per month and Waste Management will pick up aluminum, plastic, paper, and cardboard every other week. Recycling has cut down quite a bit on what goes into our trash cans, which is a good thing.

So, yes, we do recycle. What about you?

Here is the chart illustrating the value of a $1 investment in Amazon dating back to May 1997, when they went public:

Amazon’s monthly geometric rate of return for June 1997 through June 2011, was 2.52%.

Now here’s the same chart for Border’s Group during the same time period Yahoo! (Quotes has historical information for Borders going back to May 1995):

Of course, Amazon is much more than just a book seller so the camparison’s not exactly fair. Competition, the internet, debt, and mismanagement killed Borders.

One of my facebook friends linked to a Forbes article on the five college majors that could lead to a job. I took their graphic and tweaked it fit this blog:

The last column represents the sales growth for that particular sector.

Anyway, this is something you might want to show your college-bound kids.

I just found this on YouTube this morning and have been working my way through the videos. This is very well done except that it’s hard to hear the questions from the audience. Regardless, if you want to give your kids something that will have a positive impact on their lives, have them watch this series. I have listed them all here to make it easy for you. The financial planner’s name is Marnie Aznar and her firm is Aznar Advisors (UPDATE: Her link doesn’t appear to work at this time).

Personal Finance from Rothman Institute on Vimeo.