FMF recently asked about collecting and it reminded me of an article I read in one my coin magazines. Like FMF and many of the other commenters on his post, I have some coins. Having coins — even a lot of coins — doesn’t by itself make someone a coin collector, though. It’s relatively easy … Read more
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
I was chatting with one of the members of my credit union’s supervisory committee after our meeting today. We had just talked with the CEO about the ongoing banking bailouts, buyouts, and other assorted taxpayer deficit bonanzas, and we all recounted stories of investments becoming worthless amidst company bankruptcy. Then my friend’s tone shifted, and … Read more
Earlier this week my wife had the opportunity to go back to work as an English teacher at a local private Christian school. (As in, go back to work outside of the house. She works plenty hard as it is raising our daughter.) She ultimately decided not to pursue the job after praying about it … Read more
As part of our preparation for Tropical Storm Hanna we kept some cash on hand in our emergency kit. Hanna turned out to be more beneficial for us for the rainfall but it could have been much worse. Stashing cash in the mattress as a primary means of saving for retirement is a poor idea … 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
Say you’re up to your eyeballs in consumer debt. You realize this, and head to to your local library to check out the personal finance section, looking for a way out. Upon reaching the personal finance section, you are faced not with a maze of twisty little passages, all alike, but with perhaps a dozen … Read more
My wife and I rode up to New York State yesterday to visit my parents. She asked me on the way up, “So what are your big plans for this long weekend?” I didn’t really know but I knew it would involve (a) seeing my three-week-old niece (who is absolutely adorable by the way); (b) … Read more