Much has been made of the falling U.S. dollar, especially against the euro, British pound, and Canadian dollar. Why is this happening and what can we do about it? There are a few fundamental reasons for the dollar’s demise and a few (painful) remedies.
I must start by pointing out that fiat currencies, such as the [...]
Entries from August 2008
Why Is The Dollar Falling?
August 14th, 2008 · 12 Comments
Tags: Commentary · Economy
Variable Annuities And Asset Protection
August 13th, 2008 · 2 Comments
I love getting reader feedback because often, readers catch details I’m either not aware of or forget to mention. Regular readers may remember my post How To Use Variable Annuities The Right Way in which I mention some of the more intelligent ways to use variable annuities to fatten your wallet (and not just the wallet [...]
Tags: Annuities · Personal finance
Introducing The Finance Blog Network
August 11th, 2008 · No Comments
Today I would like to announce the official launch of The Finance Blog Network. The network launches with three initial core members: Curt from Penny Jobs, Andy from Saving To Invest, and I. While we chose to start small, we will be looking to expand and take on new members in the coming weeks/months. If you would [...]
Tags: General
Friday Link Love And Carnival Roundup
August 8th, 2008 · No Comments
Muchas gracias to Squawkfox for a sexy, delicious, and fun carnival of personal finance 164. Apparently, ranchers know the money is in the herd, and so is my post questioning whether your safety deposit box is really safe or not (P.S. it’s not). But mine wasn’t the only awesome post this week. Here are some others.
The Personal [...]
Tags: General
Vanguard Total International Stock Index Fund (VTGSX) To Invest Directly In Foreign Securities
August 7th, 2008 · 1 Comment
In an interesting move, Vanguard annouced yesterday on their website that their Vanguard Total International Stock Index Fund (VTGSX) has modified its mandate to allow the fund to invest directly in the securities of foreign companies. Until now, the Total International Fund has been exclusively a fund-of-funds, meaning it invested in underlying mutual funds [...]
Tags: Mutual Funds · News
Morningstar: Go-Anywhere Funds Beat The Market Heat
August 6th, 2008 · No Comments
In a recent article, Morningstar writer Wenli Tan notes that many go-anywhere funds have for the most part side-stepped recent turmoil and evaded serious losses. Some of this success can be attributed to these funds’ ability to short stocks (a profitable move during a bear market), but I believe most of it can be [...]
Tags: Investing · Mutual Funds · Portfolio
Book Review: The Intelligent Asset Allocator by William Bernstein
August 5th, 2008 · 6 Comments
The Intelligent Asset Allocator by William Bernstein is one of my all-time favorite investing books. In fact, it was the primary inspiration for the name of this blog. Although quite accessible to most readers, it does take on a slightly technical side at times. It will certainly help you understand many of [...]
Tags: Book Reviews · Suggested Reading
Know Your 401k Retirement Plan Fees
August 4th, 2008 · 2 Comments
Fees are bad, and retirement plans are full of them. Just as your investments compound over time, turning relatively small contributions into a substantial nest-egg, so too do expenses. Every dollar in expenses taken out of your account today could easily reduce your nest-egg by $30 or more decades from now, just when you need [...]
Tags: 401k/IRA · Personal finance
Friday Link Love And Carnival Roundup 8.1.08
August 1st, 2008 · 1 Comment
Special thanks to You Need A Budget for including my post about common misconceptions about government statistics in this week’s Carnival Of Personal Finance #163, the “Quotable Quotes” edition. Here are a few of my favorite posts of the carnival.
On the psychological effects of ownwership and overpricing by The Personal Financier. Anybody who’s bought real estate [...]
Tags: General






