Net worth (ex-real estate) took a hit this month largely due to the gutless, witless political posturing by the folks in Washington that mired the equity markets for the past month. I look forward to an equally disappointing display from both parties in the coming months as they fail to overhaul the tax system or …
If you're like me, the current uncertainty in the markets means you might have moved a lot of money into cash in your brokerage account, and unless you are a high net worth individual privy to higher rates. Well, ShareBuilder.com who until this point was giving you a massive .01% rate on your account sent …
Fees! You know how I hate them. And now, the Marriott Rewards® Premier Credit Card is raising their annual fee from $65 to $85. That's over 30%! It's pretty hard to stomach that kind of a price increase in any economy, let alone one that's in as bad a shape as ours. It's the kind of news …
Ally Bank, one of my favorites, announced a rewards program for their interest checking account today. With partnerships already lined up with the likes of iTunes, Bed Bath and Beyond, Target Online, Lowes, and Barnes & Noble Online and strong marketing power, Ally enters the debit card perks arena as a legitimate player. The checking …
PropertyPeers is a new website promising to create a platform to allow individuals to presumably invest in real estate opportunities in small amts. The link above goes to the invitation page as the site is not yet launched. I'm excited about the opportunity though. It's a great idea as long as it can avoid some …
Dear BB&T, You just blew it. I've been your customer for over 20 years, and you just let a monthly fee toss all that out the window. For the past year and a half you've been trying to put a fee on my checking account. I've made phone calls and emails to get these $1 …
A funny thing happened on the way to writing this post. I was searching for an appropriate image to go along with this month's net worth update. My choices on Amazon came down to this book, which actually looks pretty good from the reviews, or the Net Worth Cock Ring Thong. I decided to go …
I am very sad to report that NC State Employees Credit Union is shutting down their bridge account program. Originally started in 2007, the account offered a relatively risk-free way to play the markets. It was great while it lasted. To quote myself: The interest rate on this account is variable and pays quarterly. It …
UPDATE: The US Mint announced today (7/22/11) they are ending the program. Blame NPR. Many readers will recall I stopped participating in the gaming of the US Mint Direct Ship Program for credit card rewards on ethical grounds. Basically, I used to buy about $2k worth of $1 coins each month on my Schwab …
Re-visiting the US Mint Direct Ship Coin Program Read More »
Yesterday the Federal Reserve reduced the cap on swipe fees from the 44 cent average currently charged down to a maximum of 21 cents. Swipe fees are the fees that merchants pay every time you use your credit card, regardless of the size of the transaction. That's why many businesses dislike or forbid you from …
