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August 2005

Ride of the Valkyries

by Luke Landes

Jonathan compiled a list of cars owned by personal finance and money-related bloggers. It’s a neat list. He doesn’t say whether the cars are bought with cash, financed, or leased, but I’m sure not everyone shares that information. I’m probably one of the few people on the list who bought a new car, against most ... Continue reading this article…

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Balance Sheet, July, 2005

by Luke Landes

I apologize for the lack of updates today. I’ve been completely swamped at work, as things tend to be at the beginning and the end of the month. There’s a new supervisor in my department, and I’ve been showing him the ropes. The table that follows is my latest personal balance sheet, as of July ... Continue reading this article…

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Tuesday’s Article of Interest – Fewer Pay Freezes

by Luke Landes

Good news for working stiffs: pay freezes have declined sharply. In 2002, the percentage of companies experiencing salary freezes was 16 percent, an all time high. This year that number has dropped to 2 percent. In 2005 and 2006, there should be an average salary increase of 3.6 percent, up from last year’s 3.5 percent. Companies have also increased ... Continue reading this article…

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Bill Frist and Me?

by Luke Landes

I know I’ve arrived in Bizarro World when Bill Frist and I agree on something: The introduction of a moratorium on drug ads to consumers. Frist, a Republican from Tennessee and a heart-lung replacement surgeon, on July 1 asked drug makers for a voluntary, two-year moratorium on direct-to-consumer advertising, the type that consumers see on ... Continue reading this article…

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Unexpected Gift and Contest

by Luke Landes

Apparently, when I opened a savings account with Emigrant Direct in March, they were offering a free logo baseball cap. I didn’t realize this until a package was waiting on my welcome mat as I arrived home (late) from work last night. I like surprise gifts, but I’m not a baseball cap-wearing person. Do you ... Continue reading this article…

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The Golden Ratio and the Market

by Luke Landes

There are a lot of crazy theories about movements of the stock market. Take a look at Elliott Waves for instance. Supporters believe the tenets of Elliott Wave Analysis like a religion, while those who disagree believe the theory is bunk. Have you ever heard of the golden ratio? It is related to the Fibonacci ... Continue reading this article…

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Monday’s Articles – New GM Deal

by Luke Landes

GM shifts from rebates to price cuts. Remember when GM began offering their Employee Discount for Everyone deal? More car makers followed suit soon after. Now GM is forced to change its strategy by cutting prices and offering improved warranties. These deals will affect the 2006 models; details about another program for moving 2005 inventory ... Continue reading this article…

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7 Reasons to Fire Your Advisor

by Luke Landes

Liz Pulliam Weston gives us seven reasons to fire your financial advisor. If you hear these phrases or witness these attitudes, the MSN Money Queen’s advice to dump your advisor and find someone new. 1. Who cares what you think? 2. Don’t worry your little head. 3. It’s not my fault… and if it is, ... Continue reading this article…

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Carnival #7

by Luke Landes

The Carnival of Personal Finance #7 is up at In Cash Flow We Trust. Some notable posts: About Jonathan of MyMoneyBlog, Ways to Burst the Real Estate Bubble from My Open Wallet, Brown-Bag it to Half a Million on Hello, Dollar! (a site for which I can picture Carol Channing belting out the title song), ... Continue reading this article…

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