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 »
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I bought some more GE today for $15/share in my Roth IRA. I can’t believe the prices on some of these companies. It’s definitely a case of throwing the baby out with the bath water. And the dividend yields are incredible. Granted you have to make sure you’re buying into companies that have a history …
Today’s Wall St. Journal has an excellent article on how to make a spending plan. Please check it out. Amazingly, I just sat down for the first time to figure out our family budget a couple of weeks ago. There really has never been a need since we’ve always lived well below our means. However, …
Over the past week, I’ve begun nibbling. It started with GE in the low 20’s. Target (TGT) was quick to follow. Today, I added to my Bristol Myers Squibb (BMY) position and started one in Pfizer (PFE). I also began the transfers needed to fund my and my wife’s Roth for this year (another $5k …
Today, I got an invitation to take a market research web survey all about my fast food habits. I’m not a big fast food eater, but with the recent relocation and all, I have eaten out at fast food joints a little more lately. Anyway, once my general habits were assessed the crux of the …
