Investing
Should I buy BP?
This is an interesting question, for a number of reasons. I won’t go into too much detail here on BP (BP); you should make your own decisions…but consider this:
Yes.
- Stock is already at 50% of it’s highest value for the year.
- Might get bought by another company which will immediately make the value more.
- Over [...]
Frugality Hype Can Overshadow Meaningful Financial Discussions
I find it amazing that many of us go to bed earlier than we want, get up way earlier than we want, travel further than we would on a day off, all to get to get to some place we would generally choose not to be—work. We then spend the majority of our waking day [...]
How I Invest
Ben and I receive a lot of emails asking about our investments and what we recommend others invest in. Because I’m not an investment adviser, you can take my investing experiences with a grain of salt. However, I have spent a great deal of time researching and I’m confident in my cautions, yet consistent approach. [...]
Recession Rhymes
Recession Rhymes
By: MYM
Humpty Dumpty
Hedge fund managers sat on a wall
The over leveraged risk takers had a great fall
All the taxpayer dollars and President’s men
Tried to put the wall street pieces together again
Old King Cole
Old Uncle Sam was a merry old soul and a merry old soul was he
He called for his checkbook in the [...]
Stewart and Cramer Face to Face
Here is the face to face meeting between the two rivals. Check out the video, and see Cramer’s explanation to some possible indiscretions he had from his time as hedge fund manager and Stewart has some great questions. It’s no wonder why a growing demographic gets their news from The Daily Show…
Buffett Gives His Thoughts
In this series of videos, Warren Buffett talks to a group of MBA students and candidly answers their questions, much like he does at his Berkshire Hathaway shareholder meetings. There many of these and they provide an interesting insight into his mind and rationality for his actions. He makes some excellent points and his methods [...]
What Should You Do With Your Work Raises?
Although most of our raises fall below our expectations, we still expect and count on them. Raises are a little different than surprise windfalls like bonuses and tax refund checks in the sense that the money is spread out over a years worth of paychecks. This isn’t news to anybody, but the reaction to raise [...]
Rich Investors Deserve Better Investor Protections
The Bernie Madoff scandal has exposed gaps in our federal securities laws, in addition to the pocketbooks of wealthy investors, including fund managers. The idea that rich investors have any more ability to avoid frauds than the everyday main street investor is ridiculous, and the Madoff case should end with strong regulation changes.
I have a [...]
Where is Your Savings/Emergency Fund Parked?
The idea that your savings/emergency fund is supposed to be in a very liquid account is an idea I hope everyone understands and practices. However, where is the best place to park your savings?
Until the credit crisis, money market funds were enjoying returns around 5%, but now are seeing their yields sink below 2%. On [...]
Madoff’s Ponzi Scheme
Christopher Cox just cannotwait to get out of office at the SEC. While Bernard Madoff’s ponzi scheme was going on far longer than he was in tenure in Washington, it looks bad for him to be head commish when it blew up.
For those that are just joining, a ponzi scheme, in simple terms is when someone [...]
Organize Your Finances Before the New Year
Last night I spent a couple hours digging through our finances before the years end. There are plenty of good reaons to do this a couple times a year, but for me it’s the property tax adjustments that force me into it before Jan 1.
I’m one of the few who opted out of paying my [...]
2008 Top Financial Web Sites
Kiplinger recently released their top picks for 2008 best investing and financial services web sites. Coincidentally, they picked their own site for the best tax calculator. Take a look at the following sites, the financial fundamentals everyone should know is spread amongst them all!
Bonds: Investinginbonds.com. A one-stop shop, this free site provides historical [...]
When Will the Market Improve?
We are rounding out the end of 2008, which will be known as having one of the worst economic times in the history of money. There are few schools of thought as to know what to do in times. Some people sell off all their shares (as seen in the market lately), while others see [...]
In a Down Market, Be Leery of Stocks or Funds with High Yields
When the stock market is volatile like it has been lately, it’s natural for investors to seek safe havens for their money. Stocks or funds with high yields can appear to be the safe return you are looking for. But approach these investments carefully, because stocks and funds in a sickening market often appear unrealistically [...]
Now is a Great Time to Convert Your Traditional IRA to a Roth IRA
You keep reading about ways to make money or take advantage of our down market, usually the article is a hoax or entails a substantial amount of risk. I think we have discovered a great way to not only take advantage of the down market, but also use it for a tax benefit and to [...]
