I hope my friend listened to me about NOT TIMING THE DAMN MARKET

Last week, I talked to a friend of mine who’s starting to get interested in investing. He’s a bit unusual in that he has $80,000 sitting around in a savings account earning 0.5% interest (here’s a referral to the better savings account I use)l) and has some slightly wacky ideas about investing. For example:

“I don’t [...]

Well, we got 5th place

We got 5th place and a $300 consolation prize in the LendingClub contest, taking me back to memories of competing in the flag-football Toilet Bowl in junior high (and losing). No, in all seriousness, I’m thrilled that we were able to get a Facebook group of 376 people together over the weekend. I’ll use the [...]

Help me give away $2,000 in scholarships using P2P lending — by this Monday, 6/11

[Update]: Please join these two Facebook groups *today* (Monday, 6/11) in order to help iwillteachyoutoberich readers win two $1,000 scholarships. Details below.
Summary of this post: Help me give away $2,000 in scholarships by joining two Facebook groups by this Monday, June 11th.
More detail: P2P lending lets you lend and borrow directly from people based [...]

See behind the curtain: Preview of new iwillteachyoutoberich design

Here’s a new iwillteachyoutoberich design I’m going to be deploying in a week or two. Key improvements: It should be easier to find popular/older posts, easier subscribing, easier sharing, and a lot of vanity effects like what books I’m reading and what things I’m bookmarking. Thanks to Wilson Miner and Josh Lehman for their help.

Play [...]

Here, let me just tell you how much you spend

I wrote this post a few months ago and never got around to posting it, so here it is today with some edits.
Writing about personal finance is a curse in many ways. It’s like being a cardiothoracic surgeon standing in line and watching someone buying a KFC bucket of 14 thighs and legs right in [...]

Here are the winners of the iwillteachyoutoberich book giveaways

Over the last few weeks, I’ve written a few book reviews, including some with giveaways. So today, here are the winners from the last two giveaways.
From the review of Tim Ferriss’s book, The 4 Hour Workweek, we have a winner of a roundtrip ticket anywhere in the continental United States. FYI, hundreds of you bought [...]