Mar
31
Retirement Revolution - Part One
March 31, 2008 | Leave a Comment
The US retirement system is about to face its biggest challenge. Baby boomers are set to retire in record numbers. Are the baby boomers prepared? Is the retirement system prepared? What about those of us who are still working?
Retirement Revolution is a PBS show on retirement hosted by Paula Zahn. [...]
Mar
28
IRS Economic Stimulus Payment Details
March 28, 2008 | 162 Comments
The IRS has released the details on how it’s implementing the Economic Stimulus Package payments. Due to the questions I received on the previous article on the Economic Stimulus Package I’ve decided to write on article that focuses on the details of the plan. I’ll address the FAQs (frequently asked questions) that I’ve [...]
Mar
27
Consumerist Covers Jim Cramer’s Latest Controversy
March 27, 2008 | Leave a Comment
Jim Cramer continues to get bad publicity over his Bear Sterns comments. I covered his comments on Bear Sterns in a previous article. It seems however that this one just won’t go away.
The consumerist.com covered the ramifications of Cramer’s goof. It’s given a lot of his enemies some pretty good ammunition. [...]
Mar
26
Your Economic Stimulus Payment
March 26, 2008 | 12 Comments
Uncle Sam has decided to give you back some of your money. President Bush and the Congress passed the Economic Stimulus Act of 2008. Every tax payer gets a $600 rebate. The rebate is $1200 if you are filing jointly and you could possibly get another $300 for each qualifying child.
While I’m [...]
Mar
25
The Federal Reserve (the Fed), the central bank that everyone loves to hate, has lowered its target interest rate to 2.25%, down from 3%. The Fed is reducing rates in an attempt to stimulate the economy and prop up weak financial markets. What does this mean to you?
Well it’s either good [...]
Mar
24
Don’t Ask What Causes Poverty.
March 24, 2008 | 1 Comment
We are conditioned by society to view poverty as something that happens to people. Dr Madsen Pirie believes that wealth happens and that poverty is the default or “rest” state of humanity.
According to a post on adamsmith.org, Dr Pirie claims there are no causes of poverty. Simply that its the “default” option.
There [...]
Mar
21
Harvard Says Money Can Buy Happiness
March 21, 2008 | 1 Comment
Apparently, money can buy you happiness. There’s a catch of course, you have to spend the money on someone else.
According to researchers at Harvard Business School and the University of British Columbia, spending as little as $5 a day on someone else could boost your happiness.
Although much research has examined [...]
Mar
20
Searching For an Investment Mentor
March 20, 2008 | 1 Comment
Do you have an investment mentor? In many areas of life, mentorship plays an important role in our education. Investing should be no different. However, how do you go about finding an investment mentor? What are the qualities you look for in a mentor?
According to Wikipedia, a mentor is “a trusted [...]
Mar
19
What is Your Investment Philosophy?
March 19, 2008 | 2 Comments
I’ve come to believe the most important investment decision you can make is deciding upon an investment philosophy. I call it a philosophy but it could also be called an investment style, an investing strategy or even and investment system. All of these terms are rather hard to define. Some have clear [...]
Mar
18
Jim Cramer on Bear Sterns
March 18, 2008 | 1 Comment
For those of you still watching Mad Money for anything other than pure entertainment value, I need to have a word with you. Jim Cramer isn’t you financial adviser. I can’t believe how many people I talk to watch this show religiously, for investment advice.
Jim Cramer has been in the news quite often [...]
