Last September I detailed the process of buying coins from the US Mint using a rewards credit card and their free direct shipping program. You take the coins and put them in your money market account where you gain interest on the float while you wait for your credit card statement then pay off the …
US Mint Circulating $1 Coin Direct Ship Program Update Read More »
On April 16th, I learned from Buck's Blog that Charles Schwab had decided to stop offering the Invest First VISA card that I use to get back 2% on all transactions. Uh-oh, time for a new card? Although the Schwab program has not (yet) been taken away from existing customers, the writing is on the …
Fidelity Retirement Rewards American Express Card 2% Cashback Credit Card Review Read More »
Thanks to a generous donation from my mother and a nice bonus from ShareBuilder.com, today I had $1500 to buy stocks for my soon-to-be 4 year old. A nice problem to have, but what do you buy for a 4 year old that will get him excited about the stock market? Lots of sites (Kramer, …
Back in April, I reviewed the Charles Schwab Invest First VISA Credit Card. I’ve been using the card for 6 months now as my primary card (except for gas (PFCU) and hotels (Marriott)), and I have to say it has met all expectations. The account is everything I currently could ask for: 2% back on …
Charles Schwab 2% Credit Card, An Update and NEW ETF’s! Read More »
Okay, my headline is a bit sensationalistic, but it’s not far from the truth in my latest profitable personal finance adventure. You see the US Mint has a problem. It wants to replace the paper version of the US dollar with the coin version because the paper version wears out much more quickly and increases …
I'm always in the market for a better credit card. Many of you will remember when last year I posted about the merits of the PenFed VISA Platinum Gas / Cash Rewards Card. I still love this card, and its customer service, but I think I'll only be using it for gas going forward (5% back …
I am an American. Relatively typical. I am married. I have a kid. I own a house and with it a huge mortgage. I have a job. I have some achy parts and have a few regrets. AND, I’m responsible for all of it. If and when things go wrong and something often does, the …
Moral Hazard? Let Them Fail? Let Our Tax Dollars Decide. Read More »
I love buying on down days. Granted today is another down day and I bought these stocks during yesterday’s down day, but you can’t spend your life trying to time the market. It’s another reason I’m buying quality companies so I won’t care if it goes down a bit before coming back. At least I’m …
Stock Purchases – Dow Chemical; Allied Capital Corporation Read More »
Would I consider building a T-bill ladder with a yield of 0%? In a word, no. Never. However, there are some folks out there who are doing just that, buying US Treasury Bills at an interest rate of 0%.
The Wall St. Journal (and every other reputable news agency) is reporting today that the actions taken by banks to modify the mortgages of those citizens who were already delinquent on their mortgages has not had the desired effect. Specifically over 50% of these individuals re-defaulted within 6 months. This of course calls into question …
Modified Mortgages: A New Lesson in Moral Hazards Read More »
