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Weekend Personal Finance Review

April 1, 2007 by Lazy Man Leave a Comment

Continuing on last weekend’s new feature, here are some articles that I liked from last week:

  • Money, Matter, and More Musings has an article about how long it takes to double your money. This is my favorite article of the week. I have lot more to say about this… maybe even enough to write a whole week’s worth of articles.
  • Generation X Finance writes about a real estate problem. The Baby Boomers are adding more housing supply than the Generation X can buy. Also Generation X’s dream homes are not the McMansions that the Baby Boomers enjoyed. Jeremy scores some bonus points by citing the Boston Globe. I wish the problem would trickle to San Mateo county as the median price is around 870K
  • The Digerati Life brings a different kind of real estate problem to light – mortage fraud and sub-prime lending. Take a look at the pictures of homes that a million dollars buys you where I live in northern California. Read the article and I think you’ll see why I’m expecting a correction in the market. This is one large reason why I rent and collect the profits from an assumed “high cost of living” (when it’s really not that bad). Maybe the generation gap real estate problem will make the housing prices here a little more palatable.
  • Money Smart Life reminds us of a quick way to save money. Call up your cable company and request a cheaper rate. Often times just mentioning the Dish network (tell them the Major League Baseball package is important to you), will get you a better rate.
  • Sun’s Financial Diary tells us that Citibank is going to make 0% balance transfers a lot harder through increased fees. It’s yet another reason why I ended my credit card arbitrage plan.
  • Henry at Binary Dollar has a Venn-Diagram on how to get rich. It’s not the most technical of diagrams that I’ve seen. And if I can be a little picky… I thought that yellow and blue make green. Wouldn’t blue and orange make some puke looking color?

Filed Under: PF Review

Weekend Personal Finance Review

June 12, 2007 by Lazy Man 3 Comments

What’s this – a new feature? Yes, I’m going to take a little time on the weekends to post some articles from other personal finance bloggers. It’ll work a lot like a Carnival (here’s an example if you missed it) where all the posts are from the last week. I can’t guarantee that I’ll have time for this every weekend, so it may be hit or miss.

  • This first article is dear to my heart. Money Smart Life might as well just be writing to me, when he points out how absentee landlords can save thousands of dollars. I am an absentee landlord and I’m pretty sure they don’t have my new address. Just two weeks ago, I tried to log into my account and try to change my address, but there’s no contact or support information available on the website. After a lot of research this morning, I finally found out how to send them an e-mail. I wish they had some kind of phone support.
  • While we are talking about saving thousands of dollars, let’s talk about car choice. Golbguru has an article on considering the total cost of a car. Looks like Edmunds approved it, so you know it’s going to be good.
  • Continuing with the thousand dollar theme, The Digerati Life admits to Money Mistakes that cost her $1,000 each. I’ve made a lot of these mistakes myself, but I’ll only admit to one for now. I was in Amway for a year in college. It was a horrible plan.
  • Binary Dollar gives us an article about investing in wind and sun power. While Matt leans towards wind as the better solution because clouds can block the sun, I’m not so sure. Even cloudy days bring solar power, but what if it’s just not windy out that day?
  • While on the topic of the sun, I’d like to highlight The Sun’s Financial Diary and their article on the best investments in IRA accounts. I usually keep ETFs in my IRA accounts, which isn’t ideal, but then again, I don’t have any managed funds.
  • I might have saved the best for last. Gen X Finance critiques Robert Kiyosaki’s assessment of the equity market. Kiyosaki takes a couple of recent hot investments like gold and oil and says that the Dow can’t compete. My take on this is that gold and oil isn’t a very diversified investment. A true comparison would be the entire commodities market vs. the entire equities market. Or alternatively, take the best commodity and compare against the best stock. It’s weird to compare an index of stocks against one of the best commodities, just like it would be wrong to compare the best stock against an index of commodities.

Filed Under: PF Review

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