Real Estate Mania - A History of Home Values
This graph is pretty amazing. It’s pretty obvious that the real estate mania was out of control and that a correction was necessary.(Click for full size)
Average Income in the United States
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Verizon Employees Still Don’t Understand Math
Wow. Nearly a year ago, I posted about an incident where a Verizon customer had been misquoted the overage charge for his data plan. The Verizon employees thought that “.002 dollars” was the same amount as “.002 cents”. He was quoted “.002 cents” when the actual price was “.002 dollars”. [...]
ETF Investing
Exchange traded funds (or ETFs) are open-ended investment companies that can be traded at any time throughout the course of the day. Typically, ETFs try to replicate a stock market index such as the S&P 500, a market sector such as energy or technology, or a commodity such as gold or petroleum. In short, [...]
Free Online Stock Broker Zecco
Zecco is a online stock broker offering free online stock trades. That’s right, free. As Zecco says, the price war is over and you won. You can make up to 10 free stock trades every month as long as you maintain a $2,500 minimum account balance, and after that you only pay just [...]
An American Hedge Fund Giveaway Winner
Congratulations to Carl Hunter for winning our giveaway of An American Hedge Fund by Timothy Sykes! Carl is an avid seeker of knowledge and poor college student finding out that finance may be where his real passion is.
Carl, be sure to check your email for details, and enjoy the book.
An American Hedge Fund: Review and Giveaway
Several months ago, I was approached by Timothy Sykes to do a review of his upcoming book, “An American Hedge Fund“. I accepted and promptly received an autographed uncorrected proof of the book.
An American Hedge Fund, is an interesting autobiographical tale of Tim’s trading life, which is relatively short considering he’s only 26. He begins [...]
From The Archives: Inflation, ESPP’s, and Capital Gains
Inflation - A Nexis search in 1996 found that inflation is the most commonly used economic term in the popular media. They found 872,000 news stories over the past twenty years that used the word inflation.
ESPP - Many large companies offer Employee Stock Purchase Plans (ESPP) that let you buy your employer’s stock at a [...]
October 2007 Net Worth Snapshot
October was another step in the right direction. In fact, we are less than $250 away from hitting out year end goal of $70k. With a little luck, we’ll actually finish the year closer to $75k.
Because I just started my new job, I am not currently eligible to contribute to the 401(k) plan, so it [...]
