September 11th, 2008
Photo from luxerta
1. Invest (Consumer Reports)
2. Run the numbers (Get Rich Slowly)
The key thing here is to actually do an analysis, as opposed to throwing around hand-wavy arguments like "Renting is throwing your money down the toilet" and "Leverage always makes you money." If you make a financial decision that will cost you hundreds of ...
August 27th, 2008
Just got this email from Christine, a self-described "trust fund baby" who asked for advice. What would you recommend?
I am a 22 year old female in my last year of college. I never learned how to manage my money. If I got money, I spend it. So, freshman year of college, a credit card seemed like a fantastic idea. ...
August 20th, 2008
While I was in New York a few weeks ago, I stopped by to meet Jonathan Clements, the former columnist for the Wall Street Journal -- which I thought was the best personal-finance column in the country. (Here's one of his columns: Twenty Tips for No-nonsense Investing.)
Jonathan is now the director of financial guidance at MyFi. While I was ...
July 24th, 2008
July 23, 2008:
Financial Stocks Rise Wondrously on Woeful Results
"...triggered a rally in financial stocks. A Standard & Poor's index of 29 companies -- including lenders, Wall Street firms and money managers -- has jumped 31 percent since July 15...
Some words used in this article: "triggered a rally, jumped, climbed, bounced back, progress, profitable, whopping number, could be that ...
July 21st, 2008
...is the phenomenal New York Times article written about how a woman named Diane McLeod got into thousands of dollars of debt. It's remarkable because it includes a rich set of multimedia features that let you understand how many of us get into so much debt -- and also allow you to compare yourself to others. They include:
An overview ...
July 17th, 2008
I get these emails all the time and they drive me nuts.
I read your blog often, and I've been looking into trading currency on FOREX. I know there is lots of risk to it, as there is to any type of investing. What is your advice and idea on it?
Have you set up a ...