Archive for October, 2007

Occasionally, I like to share some of the stories that floating around the Net and email systems with my blog readers. This is a great story that my wife sent me (may be it’s a hint).

Photo from BigFoto
The story is about a boy and his dad.
“Daddy, may I ask you a question?”
“Yeah, sure, what [...]

You may have heard the expression “cut your losses early” before. This is probably the most profound wisdom for stock investors. The table below will illustrate the reason behind this insight.

The table shows that it is exponentially harder to recover from the decline in stock value. For example:

If a stock loses 10% of [...]

In addition to starting a 529 college savings plan for our son, I also have been looking at alternatives if my wife and I couldn’t reach our savings goal. These alternatives may come in handy if we run into some unforeseen financial difficulties. Aside from the usual financial aids (e.g., scholarships, grants, work-study, student [...]

When discount brokerage firms like Charles Schwab, E*Trade, and TD Ameritrade emerged on the scene, they made stock trading more affordable. The trade commissions in the sub $20 range were a refreshing change from the exorbitant fees traditionally charged by full service brokers. If that was good, now it must be great with [...]

I am upset, because I just had an unsavory experience with an unethical merchant. Recently, I had the unfortunate opportunity to deal with a company called 86th Street Photo & Video (86photovideo.com). Last Friday, my wife placed an order online for a Sanyo Xacti VPC-E1 digital camcorder for $365 — what a great deal [...]

Well today is Blog Action Day and a lot of bloggers are blogging about our environment today. Being a personal finance blogger, I am going to make this one related to money…again. A lot of people think that being Green is expensive — e.g., you have to buy Energy Star compliance products, fancy hybrid car, [...]

This is another great week for Moolanomy and the M-Network. The network made an exciting, as well as a sad change — we welcomed MyTwoDollars into the family, and said farewell to Financial Dominance. This edition is inspired by Skelliewag’s 19 Strategies to Help Turn New Visitors Into Loyal Readers. This edition will be fully [...]

So you have been reading a lot of personal finance blogs, but you can’t get enough to satisfy your thirst for knowledge. You also yearn for that next level of interactivity with people like yourself. Don’t worry, you’re not alone! Here are 7 personal finance-related discussion forums that I like:

The MBN Forums
This forums [...]

Last month, I created a plan to save $5,000 a year for my son’s college savings. With a 10% CAGR, a contribution of $5,000 per year should grow to $250,000 in 17 years. At that time, I didn’t know what was the best investment vehicle for this plan. After a lot of research, we finally [...]

Over the years, I tried many productivity tools to keep up with my ever-growing list of things to do. I had the original Palm Pilot, Handspring Visor Platinum, and Sony Clie T-665C; but in the end, nothing beats my trusty old notebook. There’s something about the ability to quickly write, doodle, and sketch [...]