Smart Money Choices Don’t Always Feel Right
April 8, 2008
Do you follow your “gut instinct” when making money decisions? Often times that’s a great policy but in some cases, going against your mental reflex is a smarter move. College Basketball LessonThis came to mind as I watched the NCAA basketball final last night between Mephis and Kansas. With seconds left in the game, up […]
Middle Class Squeeze Edition – Personal Finance Review
April 7, 2008
With real wages stagnating or declining, rising health care costs, expensive college tuition, and record-high gas prices many people are feeling their bank account squeezed by rising costs without an associated increase in income. I’ve heard this referred to as the middle class squeeze and came across an example of it this weekend. One of our neighbors […]
International Investing Teaches Us a Portfolio Diversification Lesson
April 4, 2008
You know things aren’t good financially when you stop measuring which investment has made the most money and you start looking for the ones that have lost the least. A recent article in Forbes called “Is Global Investing Dead” touts the DOw & S&P 500 as having “better” losses than major international indexes: “The blue chip […]
The Falling US Dollar and Foreign Exchange Rates – My Walk Down Memory Lane
April 3, 2008
As a kid growing up my family traveled to Europe several times in my younger years. I was already interested in money back then, finding the currency changing booths and turning our dollars into English Pounds, German Marks, or French Francs was pretty neat. Foreign Currency is CoolI was fascinated by all the different types of […]
Financial Markets in Trouble – Who’s to Blame?
April 1, 2008
The markets are dragging down the economy …. Giant institutions are, to use the technical term, scared to death. I wish it was an April Fools joke but unfortunately it’s all too real. Alan Sloan from Fortune magazine has a good overview of how the current financial mess came about and what the impacts might […]
