Is Investing in Office Sports Pools a Waste of Time & Money?

March 24, 2008

Several years ago, I filled out my first NCAA tournament bracket.  It may be hard to believe but I had never completed one before that so I had no idea what I was doing. Rather than making random picks based on mascots or team colors, I did some research.  I took notes during the expert’s […]

Personal Finance Review – When’s the Next Black Monday?

March 23, 2008

This article on Black Monday caught my eye yesterday.  The general idea is that although market losses are bad, they also represent a buying opportunity for long term investors.  The article lists the following three things that will help you invest successfully, despite market declines.    1. The quality of the companies you buy.   2. The […]

Borrowing & Lending Money with Prosper & Lending Club

March 22, 2008

Peer to peer lending is making an impact on the way some people borrow or invest their money and the word is spreading about both Lending Club and Prosper. Within the last week and a half, person to person lending has seen coverage on the CBS Evening News, the Wall Street Journal, and Entrepreneur.com: In Credit Crunch, Lending To […]

Prediction: Housing Bubble Bursts, Bear Stearns $2 a Share, Fed Bails Out Investment Banks

March 20, 2008

If I’d have written that prediction several years ago I’d probably have received a lot of heat for making such impossible claims.  Of course, it is impossible to see into the future but I think it is possible and wise to think about what the future might hold based on a little common sense. When […]

Managing Your Money is Easier Said Than Done

March 19, 2008

Have you ever given anyone advice, then looked back later and seen that advice from a whole different point of view? Maybe it was good, maybe it was bad, or maybe it was part right and part wrong. While writing about money every day I make lots of suggestions and judgments about a wide variety […]

Personal Finance Review – All the Top Money Articles

March 18, 2008

Guy Kawasaki has launched a new site that gathers all the top articles from the web into one place.  There is so much useful personal finance information available online, now there’s another tool to help you stay up on it all.  Here are some of the articles that Alltop helped me find this week: Smart […]

Setting Big Goals is the First Step to Achieving Success

March 15, 2008

Those that aspire for success are the ones that achieve it, I’ll give you an example. For all of you non basketball fans, March is a big month for college hoops.  Weeks, months, and years of anticipation & preparation come to a head for hundreds of players & coaches in the NCAA basketball tournament. The winner […]

Consumer Lessons Learned from a Lawn Care Salesman

March 14, 2008

Do you hang up on telemarketers? Why waste your time, right?  I feel the same way but last night was different. The phone interrupted our evening, “don’t answer it”, my wife said. “It’s that lawn care salesman calling back”.  Thirty minutes later, the phone rings again and I pick it up, thinking it might be […]

How do You Spend a Bonus Check?

March 13, 2008

Annual bonuses are here!  Our company did well enough in 2007 that we’re getting a bonus, 3% of our salary is the rumor.  They’re supposed to show up in our bank accounts or mailboxes tomorrow so the office was buzzing with talk of different ways to spend the money this afternoon. How to Spend a […]

New Flexible Spending Account Strategy – Personal Finance Review

March 11, 2008

Every year I always scramble to try and spend my flexible spending account balance before the deadline.  As it comes down to the wire I start looking for anything to spend the money on that meets the FSA guidelines.  This year I ran across a promising strategy that should make it easier to clear out the […]

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