Here are some thoughts I had while watching the Red Sox extend their lead over the Yankees to 10.5 games yesterday. I won't feel comfortable until that's at least 25 games.
- Earlier this week Money, Matter, and More Musings asked What Is The Worth Of *Net Worth* If It Is Not Usable? Here's an example, "... the current value of your car as defined by [Kelley Blue Book] may be $15,000, but when you actually put the car out for sale, it's very less likely that you will get the full $15,000 for it." In my opinion, the value is in that you are still are driving a $15,000 car and get that experience. Even if I could only sell it for $10,000, I'd still have to pay $15,000 to have that experience again. It's the experience that I'm looking for in a car purchase, not the value of it if I was forced to liquidate it.
- The Digerati Life describes the perfect hobby. This hobby of blogging has worked out fairly well for me. One of my other hobbies, a derivative of fantasy baseball, Baseball Mogul, has the following qualities a) it's free b) teaches me networking skills c) teaches me negotiation skills and d) taught me a lot about budgeting and finances.
- Sun's Financial Diary has some interesting water indexes. In my area, San Francisco, there is considerable concern about a water shortage this coming summer. It might not be a bad to put some investment in this area.
- Matt from Binary Dollar says you can not effect gasoline prices with a one-day boycott. It's entirely true - but what you can do is get a fuel efficient car. Or you can buy stocks in gasoline stocks so that you have a sufficient hedge against raising gas prices.
- Ben of Money Smart Life continues to amaze me with his reselling of bargains. I can always spot bargains at the grocery store, but I haven't trained myself for retail products. I need to work on this.
- Gen X Finance gives some advice about propane. My propane usage doesn't extend past my grill. After that my propane knowledge comes from Hank Hill.
- Free Money Finance gives some reasons why renting is better than buying. It's an age-old question, but I think the math is pretty simple in northern California - you are better off renting most of the time.
- Five Cent Nickel reports that Georgia has cracked down on a couple payday loans companies. I think it's easy to cheer for the justice, but I'm withholding my applause. In my lending with Prosper, I've found that there needs to be very high rates for the people with lower credit grades to make it worthwhile for lenders. I suppose the other option is to deny people credit completely, but that seems shortsighted in this society. Lastly, I have to commend the two prosecuted companies for their creativity.
- Might Bargain Hunter asks if strong passwords and virtual keyboards fit the bill. I've mentioned it in passing, but all these checks are really getting insane.
- Jim at Blueprint for Financial Prosperity asks if casinos and lotteries should pay for malfunctions. My short opinion is that yes they should pay. Why do I believe that? Click through and read the comment I left on the story.
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