Sparked by CitiGroup saying that they were making money, the stock market has rallied for 6 straight weeks in a row off of its lows. The DOW average went from about 6,500 to just over 8,000. This is approximately a 29% rally, which is gigantic. Check out the cool chart from dshort.com Definitely take the time to [...]
Continue reading...15. April 2009
The White House just released the President’s and Vice President’s income tax return documents. Here is the release from WhiteHouse.gov: Today, the President released his 2008 federal income tax returns. He and the First Lady filed their income tax returns jointly and reported an adjusted gross income of $2,656,902. The vast majority of the family’s 2008 [...]
Continue reading...1. April 2009
The markets have had a very strong rally over the past few weeks and the averages are currently sitting about 18% above the lows. Many think that when the Dow fell below 7,000, that was THE bottom. Only time will tell, but I think we may already be seeing the trend revert to its downward [...]
Continue reading...3. March 2009
The stock market seems to be getting beat down just about every day now. The Dow Jones Industrial Average is now below 7,000 with a close at 6,763 on Monday. This is the lowest the stock market has been since 1997! Truly incredible. The scary part is that the market has broken almost all of its [...]
Continue reading...5. January 2009
I hope everyone had a good holiday with family, friends, and gifts This time of year most people make new year’s resolutions. For many it is to lose weight, or to make more money. The thing about these resolutions is that most people forget about them a few weeks after the new year. This [...]
Continue reading...22. December 2008
Consumerist recently posted a very good article about personal finance during a deep recession. Their article includes nine good habits for a deep recession and is definitely worth reading. Here are a few of the key points that I thought were very important: Pay off debt Know where your money is going Eliminate Waste Buy smart and used Understand your [...]
Continue reading...24. November 2008
Due to the credit crises and recent economic problems attending college and graduating with a 4 year or more degree may seem out of reach financially for many. However, if you know the right steps to take and are willing to work hard it can actually be very possible and graduating with little debt is [...]
Continue reading...12. September 2008
I was recently watching a first time home buying show on HDTV. It was pretty interesting, but one part of the process in this case really got to me. The first time home buyer was offered some insane incentives to sign the loan agreement for the house. She was offered an instant $10,000 and a 42 [...]
Continue reading...4. September 2008
I just read an article on Consumerist that is really interesting. Apparently there have been an increase of people purchasing items from stores like Best Buy, getting home, and opening the box only to find some form of crap (floor tiles, news paper, phone books) instead of their new Xbox 360 or hard drive. It is [...]
Continue reading...20. August 2008
That’s right, don’t lose it! I know it sounds really easy, but it can get complicated. Sure it’s ok to buy things and splurge a little sometimes, but the key is to not lose money month to month. If you are loosing money month after month, there is something wrong and you need to fix [...]
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18. April 2009
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