Author Archive
About six months ago I entered into a Fantasy Baseball League with a group of personal finance bloggers. I had no idea what I was doing at that point and intended to learn as I go. However, there were too many things going on in life and I never got into it. The program picked [...]
How To Save Your Home From Foreclosure
Recently, Passive Dad asked me about free creative ideas to help friends facing foreclosure. This is a timely topic since one factor that contributes to the current economic crisis is the rise in foreclosures. Basically, the teaser rate on many adjustable rate mortgages end, and homeowners found themselves unable to afford the new higher mortgage [...]
September 2008 Site and Net Worth Review (-8.65%)
Net Worth Review
September was a rough month! The U.S. economy suffered from the worst financial crisis since the Great Depression. Major failures in our financial system forced the U.S. government to take over Fannie Mae, Freddie Mac, and AIG. On top of that we saw the end of Lehman Brothers, Washington Mutual, and Wachovia. All [...]
Occasionally, financial services companies send me information about special offers that they want me to share with my readers. I go through a lot of these and share the ones I think will benefit you. I’m planning to share these offers with you periodically — I think monthly is a good pace.
Here are 5 offers [...]
Steven Selengut And The Working Capital Model
I recently came across Steven R. Selengut and his book, The Brainwashing of The American Investor. After reading all the reviews on Amazon, I decided to buy a used copy. The following is a review of the book and a brief overview of the Working Capital Model as outlined by Steven Selengut.
The Premise
Selengut [...]
Weekend Reading: September 28, 2008
The first Presidential Debate was terrific. Both Senator McCain and Senator Obama shared their thoughts about The Financial Crisis of 2008. I was ecstatic when Obama clearly articulated other crises that also require our attention, but I also have to give McCain a credit for using the word GREED to explain our current dilemma.
10 Day [...]
Financial Crisis And The Hypocrisy Of Economic Bailout
When I listened to President Bush’s speech the other night, I noticed that my analysis of what caused the Financial Crisis of 2008 was right on target. Too bad President Bush didn’t say anything about greed! Personally, I don’t know if the $700 billion dollars bailout package will fix the problem, but the amount of [...]
Money Hacks Carnival #31 — Crisis And Bailout
Well, looks like we are having a rash of carnival crises here. Yesterday the host of the Festival of Frugality bailed and David at My Two Dollars bailed out the carnival with an emergency edition of the Festival of Frugality, and it’s our turn today! Here’s my quick and dirty bailout edition of [...]
Where To Sell Used Books And Textbooks
Selling used books is a good way to declutter your home and get some money for books that you probably won’t read again. This is even more important for college students because you could sell textbooks for a lot more than normal books — but you’ll have to do it quick because textbooks become outdated [...]
You probably heard the news that the SEC halted short selling on 799 financial stocks last week. The SEC did this in order to reduce downward pressure on financial stocks, and hopefully, restore price stability and investor confidence. Here’s an excerpt from the SEC web site:
Under normal market conditions, short selling contributes to price efficiency [...]
