Jul
8
Healthy Eating on a Budget
July 8, 2008 | Leave a Comment
… fresh fruit, I just don't crave sweets anymore. In fact my appetite has decreased. I find myself skipping meals sometimes because I'm just not hungry. I believe it has to do with the choice of foods.
For dinner, I usually prepare meat or fish with lots of vegetables and fruit. After a filling meal like that, I just don't have the urge to snack like I did before.
Here's a list of the long term benefits of healthy eating. All of these have economic costs associated with them. …
Jul
7
Moving My Money Away From Prosper
July 7, 2008 | Leave a Comment
… Risks?
Lending Money on Prosper: My Results
What's Wrong with Prosper?
Prosper.com itself is great. The site works well. The problem is the product. Personal loans are very risky.
Because the loans are unsecured, it's very easy for people to stop paying. Banks plan for a certain bad debt expense. I was expecting some delinquency but I ended up losing 10% of my principal to defaults.
Prosper Is Too Risky
The way it is now, prosper.com is too risky for me. …
Jul
1
The Economy, Happiness and the Media
July 1, 2008 | 1 Comment
… what mortgage rates are or how much your house is worth? Unless you're trying to sell right now it just does not matter to most people.
Comment by Jeff: … insulate yourself from the potential downside. …
Jun
30
How Wealthy People Spend Their Time
June 30, 2008 | 1 Comment
… was a huge waste of time and money. Golf is for retired people. Plus I never liked the game itself, rather I enjoyed the time with friends.
The Rich Enjoy Their Work
Ask anyone who's earned their wealth and they'll tell you they enjoy what they do. Warren Buffet has said "I enjoy what I do, I tap dance to work every day."
I really enjoy what I do. In fact I work on most weekends. Work is satisfying to me. My father was the same way. He used to work 7 days a week. Now …
Jun
26
When Will I Get My Stimulus Check?
June 26, 2008 | 40 Comments
… p.m.
1-800-829-1040
In Person
You'll have better luck going to the IRS office yourself. You can find your local IRS office on the IRS.gov "Contact My Local Office" page.
But I Don't Want to Deal with the IRS
I understand you might be hesitant to go talk to the IRS. A visit to the local IRS office doesn't necessarily top the list of fun things to do. However, only the IRS can help you with your stimulus check problems. You need to talk to the IRS to figure out …
Jun
25
Should I Pay Off My Mortgage? The Easiest Test Ever
June 25, 2008 | 4 Comments
… you an enhanced feeling of security, then you should do it. However, if you've convinced yourself that you can make more money in the stock market, then you should do that.
What do you think? Have you paid off your mortgage? Do you want to? Leave a comment and let me know what you think.
Jun
19
Carl Icahn Has a Blog
June 19, 2008 | Leave a Comment
… nothing to lose if the corporation does not perform. As Carl says, "[w]orst of all, the board itself is not made accountable because corporate board elections are generally a joke."
Carl calls poison pills "absurd" in Absurdity of The Poison Pill. A poison pill is a "strategy used by corporations to discourage a hostile takeover by another company." Karl's angry about this tactic because of Yahoo's use of it to fight off Microsoft. Mr Icahn was pushing the sale to Microsoft …
Jun
17
What Is Flood Insurance?
June 17, 2008 | Leave a Comment
… is sold by private insurance agents. The program is backed by the government.
Do yourself a favor and double check your flood coverage. I'll discuss more about flood insurance in future articles. I'll provide a link to the new material as it becomes available.
Jun
13
… trouble. You can lose your job and lose your health insurance. You have to be responsible for yourself. The government is incapable of caring for you and as good as you can care for yourself. The government is only good at bringing down everyone to the same level of poverty. Social Security is a great example. It maintains seniors in a perpetual state of poverty. That's the best government can do, but you can do better.
I hope you understand the point I'm trying to make. The government …
Jun
12
Is Debt Making You Sick?
June 12, 2008 | Leave a Comment
… raising one child with my wife and I'm stressed out. I couldn't imagine doing it on $10,000 by myself.
What I'm more curious about is does you level of wealth affect your political beliefs? For example if you're older, well educated and financially secure are you more likely to be a Republican? Conversely, if you're a young, poor, less educated woman are you more likely to be a Democrat?
For the record I'm not a Democrat or a Republican, I'm too wealthy to be one and too poor to be the …