Scrooge Strategy

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April, 2005

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The Secret History of the Credit Card

Here’s a great Frontline documentary by PBS:
Secret History of the Credit Card
Check out the interviews if you get a chance.

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Socially responsible investing

When it comes to mutual funds–and index funds to some extent–there are thousands and thousands of options. A wise man once wrote this:
…you can pick a mutual fund of almost any imaginable type, based on many factors (e.g., risk, return, sector, geographic area of investment, etc). For example, you could invest in a value fund, [...]

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Innovations in research on spending and popcorn

Hmm…sometimes it IS worth it!
In the varieties popped, the percentage of unpopped kernels ranged from 4 percent in premium brands to 47 percent in the cheaper ones.
CNN reports on groundbreaking innovation in the home popcorn market: Scientists solve unpopped popcorn

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How to really read a finance report

Check this out: I’m going to add a little skepticism to the many, many articles that are floating around the Internet right now, bemoaning the condition of stocks and the market in general.
Background: Lots of companies are reporting their earnings and, combined with inflationary worries and a possibly slowing market, everyone is throwing their hands [...]

Comments Off

Emails like this make it 100% worth it

Hi Ramit,
I stumbled upon your website a few months ago and have so far benefited immensely from your writings. I am 20 and have been earning a decent living since I was 17, but always managed to live from paycheck to paycheck. Recently I’ve turned things around and have been mercilessly attacking my old spending [...]

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You aren’t good at picking mutual funds!

Remember when I wrote about how foolish actively managed mutual funds are in most cases? (Link: Don’t some active mutual funds beat index funds?) I’ve also written broadly about mutual funds: All about mutual funds

How much have you saved
using Ramit's advice?





$
Only numbers please