A few billion here, a few billion there … pretty soon the bailouts add up to some real money! Financial stocks are getting junked. Maybe your portfolio has a few. Maybe they’re worthless now. If that money is gone, it’s gone. But if you have a job (as I do) you can make more money, … Read more
As I was surfing around some other money blogs I ran across an investor who just bought some silver. He weighed a 10-ounce silver bar and found that “strangely” it weighed 10.9 ounces. His scale is fairly accurate — probably better than a tenth ounce. What he actually measured was the weight of the silver … Read more
I was talking with a friend at church a few weeks ago and we got to talking a little about our retirement accounts. He admitted that he was afraid to look at what his portfolio had done. (He has a bit of exposure to equities.) I doubt he’d be afraid to look at it if … Read more
Figuring out what to do with your income is fundamentally what budgeting is all about. If you don’t have consumer debt, the choice, once you’ve accounted for expenses and charitable giving (including tithes), the money is either saved or invested. Just put the money to good use working for you. If there’s a $15,000 credit … Read more
(If I get one. The chickens aren’t hatched yet.) That’s what I did with the $300 check I received in 2001. It wasn’t burning a hole in my pocket at the time. The $100 billion (give or take a few billion) injection of liquidity — also known as a “stimulus package” — into individuals’ wallets … Read more
One hundred million pennies made their way to the for the Penny Harvest Field in New York City’s Rockefeller Center, a display covering nearly 5,000 square feet to a depth of over two feet. Behind the Penny Harvest is Common Cents, which “nurtures a new generation of caring and capable young people betweenthe ages of … Read more
In my post on finding time to invest in yourself I mentioned that one time sink can be video games. Being a child of the 1980’s I spent a lot of time on my Odyssey2 and way too much time in the arcade playing Centipede, Galaga, and Ms. Pac-Man, so I’m guilty of this too. … Read more
The housing market is softening, and may continue to slump for quite some time. Energy prices are hitting business’ bottom lines. Job cuts in the financial and housing sector are taking their toll. No one is completely immune from job loss, and investing in yourself is a great way to build up a Plan B … Read more