Scrooge Strategy

Archives —
December, 2006

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26

Homeowners are taking the risky route and I am confused

Does anyone else find this weird?
…a one-year ARM, at 5.8 percent on average, now costs only a third of a percentage point less than a 30-year fixed-rate mortgage, at 6.2 percent. And ARM holders still face the risk of paying a higher interest rate down the road.
But while there’s a new refi boom in swing, [...]

3

Seriously, you don’t

As discussed in the Shrug Effect.
* * *
To post this image on your blog, MySpace, etc:
<a href=”http://www.iwillteachyoutoberich.com” title="It’s not about being a genius, it’s about getting started."><img src="http://www.iwillteachyoutoberich.com/archives/genius.jpg" width="200" height="300" alt="It’s not about being a genius, it’s about getting started." /></a>
See Part 1, Part 2, Part 3, [...]

16

Time pressure = bad decisions

Vanessa writes:
I’m in the middle of a real estate deal and have $80,000 to park for one month until I fork it over to the seller, so I thought I’d open a high-interest (5.05%) HSBC account. I began the “15 minute” transaction on Friday morning. For some reason, the bank was not able to complete [...]

11

Friday Entrepreneur: Joyce Park, Renkoo

Today I decided to interview a more senior entrepreneur. Joyce Park is the co-founder and CTO of Renkoo, a new startup that helps you plan events with your friends. She’s raised $3 million in venture capital and has hired a great team to help her launch Renkoo. She is also one of the most sarcastic [...]

23

I’m adding archives (finally) — what do you think?

I get emails like this every week:
Dear Mr. Sethi ,
Your web-page is very soothing to look at, but not so easy to read it. May be you can re-visit your font style.
What a cute, fobby email. So after getting 83295235 emails about iwillteachyoutoberich.com being too long and hard to read, I’m close to [...]

58

Ramit’s 2007 Guide to Kicking Ass

Here’s what I’ve been hinting about for the last few days: my first ebook!
It’s called Ramit’s 2007 Guide to Kicking Ass. It includes 5 all-new essays I wrote, plus new essays by some other great personal-finance bloggers. I’m publishing this now because I couldn’t wait until 2007.

The guide includes new essays on personal finance, [...]

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