May 3rd, 2006
The financially smart decision isn't always the right one. When I say this, it usually irritates engineers and economists, who love to believe that we all behave rationally. This just makes me even more gleeful, resulting in an upward spiral of doom. Seriously, I love messing with them.
Anyway, my friend told me an interesting story the other day: After ...
April 19th, 2006
This is a repost from a January 2005 article I wrote about mutual funds. Read this, ask questions, and we'll continue on with the financial makeover.
Most adults in America invest in some kind of mutual fund. They’re an easy, hands-off way to buy and diversify part of your portfolio. But there are costs to handing off your investment ...
April 18th, 2006
This is a repost from an April 17, 2004 (almost exactly 2 years ago!) article I wrote about stocks and bonds. Today: stocks and bonds. Tomorrow, mutual funds and index funds. Then we'll continue on with the financial makeover. And yes, I know my writing style has changed since 2004.
When you own a company's stock, you own part ...
March 29th, 2006
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.
One day my dad went to get new tires for the ...
March 3rd, 2006
Whatever happened to the rest of your 2006 Makeover? I see you stopped after step 3.
I know, I know. I'm not done. There's still more to write, including Roth IRAs and other stuff. Let me try to get it up in the next few days.
If you have specific things you want to see in Step #4, ...
February 14th, 2006
A couple of weeks ago, I went the entire week without spending one cent. I was really proud of myself. But then I realized that even when you don't spend money, you really do. With car payments, rent, food, gas, etc, you probably spent over $60 today--even if you didn't take your wallet out once. Now think how much you ...