Tomorrow morning, my girlfriend and I will be on a Virgin America flight to California. We plan on visiting my family and enjoying a week-long vacation away from our day-time jobs. Posting on Consumerism Commentary will be light during the week. Meanwhile, take a look at these picks from the MoneyBlogNetwork.
The Same Actions Will Produce the Same Results. Kate Luther offers this oft-heard tenet and relates the advice to personal finance. You need only to study history and current events to see proof of this, but when it comes to personal success, it may not be completely true. If your actions produced positive results, there’s no guarantee that doing the same thing will continue to produce positive results. In fact, if you want to continue to succeed, you may have to change your plan to accommodate changing market dynamics and keep up with competition. This is worth a discussion more than just a link in a round-up, so I will try to write about this later.
How Will You Spend Your Rebate Check? Check the economic stimulus payment schedule to get an idea of when your “rebate” may arrive, if you will be receiving one, and use this calculator to estimate the amount of your payment. My payment will be deposited into savings, replacing part of the hole left in my accounts due to a large tax bill this month.
Get Rich By Moving to Japan and Becoming a Male Geisha. Free Money Finance presents the weirdest “advice” I’ve ever seen on a personal finance blog, but the intent is to point out that male geishas can earn upwards of $200,000 a year. I bet that’s something you haven’t considered before.
Investigating Mutual Fund Correlations. If you love statistics, you’ll love this article. Five Cent Nickel points out the Adviser Online’s Fund Correlation Tool, a form that can rate how the performance of one Vanguard fund correlates with the performance of another. For example, the REIT index and the total stock market index have a correlation coefficient of 69%.
Updated December 20, 2011 and originally published April 20, 2008.