Scrooge Strategy

Archives —
March, 2006

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47

Book Review: Rich Dad, Poor Dad (this books irks me)

I decided to start reviewing some books that I read. I’ll do books on personal finance, entrepreneurship, and whatever else I think is cool. (If you have books you like, let me know.) First off…

Rich Dad, Poor Dad: What The Rich Teach Their Kids About Money–That The Poor and Middle Class Do Not!
This book is [...]

129

Cost vs. value: Why I bought a new car

In college, I drove a rickety-ass minivan that my parents let me use. Here’s how bad it was: It shook so badly that when I drove it on the freeway, I always drove in the right lane so that when it broke down–not if–I could simply pull over gracefully. When I took it to get [...]

23

Call for “why you should buy a used car” links

Coming up tomorrow, I’m going to write about why I completely disagree when personal-finance pundits say “Buying a used car is the smartest thing you can do!” In fact, I’ll tell you exactly why I bought a new car.
But first, I want to collect a list of links where people say buying a used car [...]

4

The demographics of where I live…

…are totally absurd. And if you look up the stats for Los Altos or Atherton, they’re even more ridiculous (median income > $120,000).
Click for a bigger view:

Try your own neighborhood

See the NY Times excellent series on class–”defined as a combination of income, education, wealth and occupation”–and the disparities in America: Class Matters

12

China taxes chopsticks

Interesting:
The Chinese government announced plans on Wednesday to increase existing taxes and impose new ones on April 1 for everything from gas-guzzling vehicles to chopsticks in a move to rein in rising use of energy and timber and the widening gap between rich and poor.
New or higher taxes will fall on vehicles with engines larger [...]

33

This AIM chat made me clench my fists

Anger!!!
Friend: i just got into a long long discussion with these two guys, one is one of the smartest i know, they advocated not investing in retirement accnts
Ramit: yeah?
Ramit: whatd they say
Friend: yeah
Friend: they said they don’t beleive the growth rate will continue into the fture
Friend: they see the system as unstable
Friend: and likely to [...]

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