Getting Ahead for the Little Guy
Last weekend, we had a yard sale. A big multi-family thing.
It didn’t go fabulously well, but we made enough to help offset the cost of back-to-school clothes and supplies for our daughters.
But we made a couple of interesting observations – especially when correlated with experience of friends who’ve also run yard sales this summer. People [...]
Warning – once you put your money into a CD or annuity with a bank, you may have a bit of a challenge getting it back out again, according to MyMoneyBlog:
Warning: Banks Automatically Renew CDs Upon Maturity, 7-Day Grace Periods
A friend of mine is convinced that banks (in general) are evil, and this no doubt [...]
Well, the charts looked perfect… but this week served as a reminder that technical analysis offers no guarantees. Even if something is an 80% predictor of behavior (and if there’s ANYTHING that accurate in technical analysis, it’s being kept a secret), that still means its wrong 20% of the time.
My bearish positions were clobbered. In [...]
Quote of the week material … except we’re seeing plenty of great quotes, and we’re not halfway into the week yet. This one on the banks and financial institutions in general from Options University’s weekly market forecast:
‘The [Financial sector is] where modern cheating can best be categorized as avant garde finance. We all know the [...]
Here’s another look at the JARS budgeting system recommended / taught in the Millionaire Mind seminars (and in Eckhart’s book, Secrets of the Millionaire Mind, which I highly recommend):
Learning to Budget With the Jars System at Get Rich Slowly
I am still a big fan of this system, after a little over six months of being [...]
Had a trading group meeting on Saturday. Almost every ticker symbol on our watchlist seemed to be more bearish than bullish. The only exception that comes immediately to mind without me consulting my notes is PALM, which made me some nice money last month. But I’d not be interested in jumping back onto the bullish [...]
We just got back from vacation, and I was amazed at the number of “luxury” properties – rental cabins that I am sure were positively cashflowed once upon a time – which had “for sale” signs in front. I’d estimate that around a third of them were being sold – at rock-bottom market prices, no [...]
I went to Panda Express for lunch today. Inside the cookie, I found the following fortune:
“A financial investment will yield returns beyond your hopes.”
I think I’m gonna carry that one around in my wallet or tape it to the top of my computer monitor to cheer me up.