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Monday, March 3, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
March 3, 2008 at 10:23 am ET
Let’s face it:  the dollar is weak and seemingly getting weaker by the day, with currency experts forecasting it will get worse before it gets better.  While I don’t buy into the “end of the ... (more)

Sunday, March 2, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
March 2, 2008 at 7:46 pm ET
Consumer Reports releases its best cars to own list annually.  Since everybody already knows which brands tend to be most reliable (think Japan and Korea),  I thought it would be fun to see the worst ... (more)

Saturday, March 1, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
March 1, 2008 at 3:10 pm ET
Here are my favorites this week (2/24/08-3/1/08): First Time Homebuyers, Think For Yourselves! by Five Cent Nickel Your realtor and mortgage broker aren’t always on your side.  Only YOU know what you can afford. My Wealth in USD ... (more)

Friday, February 29, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 29, 2008 at 1:46 pm ET
Just a reminder:  if your Adjusted Gross Income was $54,000 or less in 2007, you are eligible to file your federal income taxes online for free using the IRS’s freefile system.  This especially makes sense if ... (more)

Thursday, February 28, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 28, 2008 at 11:51 pm ET
<RANT>  According to CNN Money, it seems as though our president is completely clueless when it comes to the effects of US Energy Policy.  When told many analysts forcast $4 gas in the near future, Bush ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 28, 2008 at 1:25 pm ET
Students from Emory’s Goizueta Business School and McCombs School of Business at UT Austin were invited a Q&A session in Omaha with Warren Buffett on February 15th, 2008.   A friend of mine was one of the students ... (more)

Wednesday, February 27, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 27, 2008 at 8:55 pm ET
First things first:  variable annuities are poor investments for most people (with a few important exceptions I’ll get to in a moment).  They are usually expensive, complicated, illiquid, and hard to understand for all but the most ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 27, 2008 at 8:25 am ET
In volatile times, investors often flock to investments with perceived safety.  These investments include short-term treasury bills, precious metals such as gold, and hard assets such as real estate and commodities.  All of these asset ... (more)

Tuesday, February 26, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 26, 2008 at 12:04 pm ET
The FDIC is looking to bring back up to 25 retired veterans of the Savings and Loan crisis in preparation for a future increase in failed financial institutions.  According to Jaret Seiberg, Washington policy analyst ... (more)

Monday, February 25, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 25, 2008 at 11:47 pm ET
After nearly 12 years as CEO of the Vanguard Group, Jack Brennan is stepping down.  Vanguard experienced a period of intense growth during Brennan’s tenure, increasing assets under management over 6 times from $200 billion ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 25, 2008 at 9:03 pm ET
To say that banks have been hit hard over the past year would be an understatement.  The subprime fiasco and ensuing credit crisis claimed many victims ranging from bankruptcy for such stalwart regional mortgage companies ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 25, 2008 at 10:51 am ET
Here’s more gold from getrichslowly.org.  I can’t tell you how many times I’ve been put in this situation.  Your coworkers want to go to happy hour and you feel obliged to go so you look ... (more)

Sunday, February 24, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 24, 2008 at 10:46 pm ET
Many people inherently mistrust government statistics, especially when they don’t seem to mesh with their own personal experiences.  According to the Bureau of Labor Statistics (BLS) the official CPI-U inflation rate for all Urban Consumers ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 24, 2008 at 3:30 pm ET
Long-standing European opposition to genetically modified crops may be coming to an end, according to this piece by The Economist.  For years, the European Union has banned imports of Genetically Modified Organisms (GMOs), frustrating the ... (more)

Saturday, February 23, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 23, 2008 at 3:02 pm ET
I’ve compiled a short list of 5 of the most interesting Personal Finance posts of the past week.  These aren’t necessarily the best, just a few that caught my eye for whatever reason.  I hope ... (more)

Friday, February 22, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 22, 2008 at 3:52 pm ET
Here’s a somewhat long but hilarious stick figure slideshow giving an over-view of how the subprime debacle happened.  I can’t help but thing this is probably exactly how it happened behind the scenes.  I particularly ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 22, 2008 at 8:58 am ET
For most people, airfare is usually their single largest vacation expense.  If you can figure out how to save there, you can dramatically decrease the price of your entire trip.  I was surfing around on ... (more)

Wednesday, February 20, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 20, 2008 at 9:55 pm ET
For most investors, beating the market is the holy grail of investing.  So few people manage to do it that those who do are elevated to the status of legends by the investment community.  How ... (more)

Tuesday, February 19, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 19, 2008 at 11:59 pm ET
Take a defensive-driving course - A defensive-driving course costs as little as $50 and a weekend of your time yet can save you as much as 10% on your premium year in and year out.  ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 19, 2008 at 11:14 pm ET
Venerable money management firm Dodge & Cox filed plans last week with the SEC to launch the new Dodge & Cox Global Stock fund, according to Morningstar.  Unlike most mutual fund companies that launch new funds in ... (more)

Monday, February 18, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 18, 2008 at 9:27 pm ET
Take full advantage of your employer match - If your employer matches 50% of your contributions up to 6% of your salary, that’s an immediate 50% gain on your investment.  Try beating that elsewhere. Select your plan’s cheapest ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 18, 2008 at 12:48 pm ET
I think this interview is great. It’s an interview with Alan Shepard over at getrichslowly.org about a social experiment of his where he started with just $25 in Charleston, South Carolina and managed to save ... (more)

Sunday, February 17, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 17, 2008 at 10:20 pm ET
The mutual fund industry has a dirty little secret: the returns many fund companies advertise in the financial media and promotional materials are wrong. Well, not technically wrong but definitely misleading. Mutual fund companies love to quote ... (more)

From Amateur Asset Allocator - view blog entries - visit this blog
February 17, 2008 at 4:40 pm ET
I have long maintained that cable television is a rip-off.  To begin with, Comcast is the only choice in my area  (that nothing resembling competition exists in this market is the first tip-off that you’re about ... (more)

Saturday, February 16, 2008
From Amateur Asset Allocator - view blog entries - visit this blog
February 16, 2008 at 2:09 pm ET
Here are some simple ways to increase your investment returns without much work. Switch to Index Funds - Studies show that 70% of actively managed funds fail to beat their benchmark over the long term.  If ... (more)

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