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Entries from May 2008

Weekend Link Love And Carnival Roundup - 5.31.08

May 31st, 2008 · No Comments

My post exploring whether or not the falling dollar will cause inflation was highlighted as an editor’s pick in this week’s carnival of personal finance #154 hosted by Canadian Dream.  Great job hosting and thanks for the recognition!  Here are a few posts from this week’s carnival that caught my eye.
Organic Tomatoes and KY Jelly [...]

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Tags: General

Travel Cheaply By Not Caring Where You Go

May 30th, 2008 · 1 Comment

It’s officially summer (in North America), which means sun, short days at the office, short skirts, and vacation!  Most people have been looking forward to their vacation for months now, and have planned accordingly.  Consequently, they’ve spent a fortune on airfare and hotel costs to trendy resort towns and admission to gaudy tourist attractions and [...]

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Tags: Frugality · Travel

Do Official Inflation Numbers Match Your Experience?

May 29th, 2008 · 3 Comments

April 2008 inflation numbers were released by the BLS recently, causing quite a stir.  According to the BLS, the official CPI-U index (yes, this index includes food and energy) was up a moderate 3.9% over the past year and a worrisome 0.6% since March.  The biggest inflationary offenders over the last year are dairy products up [...]

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Tags: Economy

Anatomy Of A Rip-Off: Morgan Stanley S&P 500 Index Fund

May 28th, 2008 · 1 Comment

The for-profit mutual fund industry has never been known for looking after their mutual fund investors’ best interests, but every once in a while a product so terrible (even by industy standards) you just have to sit up and notice.  Enter Morgan Stanley with an S&P 500 index fund so expensive it actually makes most [...]

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Tags: Index Funds · Mutual Funds

Three Rules Of Leveraged Investing

May 27th, 2008 · 2 Comments

How did rich people get that way?  One word:  leverage, which according to Investopedia is
“The use of various financial instruments…such as margin…to increase the potential return of an investment.”
Employing leverage, also known as Other People’s Money by pop-finance books such as Rich Dad Poor Dad (note:  While I’m not a huge fan of RDPD overall, author Robert [...]

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Tags: General

Save American Beer!

May 26th, 2008 · 4 Comments

Memorial Day is a day to remember fallen American soldiers and show respect for their sacrifice.  Unfortunately, the loss of life never ends.  This newest battle is for the very soul of America: our beer!  InBev, a Belgian beer conglomerate, is mulling a of hostile takeover of Anheuser-Busch (BUD).  Anheuser-Busch, of course, is the brewer of a [...]

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Tags: Commentary/Humor

Weekend Link Love 5.25.08

May 25th, 2008 · 1 Comment

My post Don’t Invest Like Warren Buffett was included in this week’s Carnival of Personal Finance #153 hosted by Money And Values.
Here are a few of my favorite posts from this week’s carnival.

What GTA IV Taught Me About Personal Finance by Pinching Copper
How To Be A Woman by Squawkfox (love the photo)
How To Make Money [...]

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Tags: General

150 MPG Chevrolet Volt vs 100 MPG Prius

May 22nd, 2008 · No Comments

Seeing as how it’s the Friday before Memorial Day and I am feeling lazy as a result, here’s your Friday link (instead of a full-on post).  It’s a comparison before the Chevrolet Volt of 2010 and the Toyota Prius of 2010.  Enjoy!
Prius vs Volt

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Tags: General

Common “Misconceptions” About Variable Annuities

May 22nd, 2008 · No Comments

Last week, I came across this publication (opens pdf in new window) put together by the Association For Insured Retirement Solutions (Hmmm, I wonder if they have an agenda?) rebutting what they call common “misconceptions” about variable annuities.  According to their website, this association (called NAVA),
“…is a proven, highly-effective alliance of leading companies involved in the annuity and variable products [...]

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Tags: Annuities

Dear Washington: My Retirement Plan Wish List

May 21st, 2008 · 1 Comment

For a few brief months every four years, Washington pretends to actually care what the rest of the nation thinks. That magical, mystical time is commonly referred to as “election year”. In case you’ve been living under a rock, prospective presidential candidates have been promising voters anything and everything under the sun in exchange for [...]

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Tags: 401k