As featured in The Wall Street Journal, Money Magazine, and more!

ING Direct Offers 4.75%

by Luke Landes

ING Direct is looking to win back defectors who have left the bank in search of higher interest rates. The “Orange One” is now offering 4.75 percent APY on new deposits from January 19 until April 15. In order for the funds to qualify, the money must be from an external source and be deposited into ... Continue reading this article…

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New Salary Figures for MBAs

by Luke Landes

According to USA Today, the average starting salary and signing bonus for new graduates with a fresh master’s degree in business administration (MBA) have jumped to $106,000 in 2005. $88,600 of that is for salary alone. Not all employers are paying so much for MBAs; the bulk of the numbers come from consulting firms and ... Continue reading this article…

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How To Become As Rich As Bill Gates

by Luke Landes

This essay is several years old, but I’ve just come across it now, at 2:00 in the morning on January 19, 2006. How do you become as rich as Bill Gates, the founder of Microsoft? William Henry Gates III made his best decision on October 28, 1955, the night he was born. He chose J.W. ... Continue reading this article…

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Change in Roth IRA

by Luke Landes

In order to maximize my Roth IRA contributions, I automatically deposit $166.67 twice a month (on or about the 1st and 15th of each month) into a mutual fund with TIAA-Cref, which offers a no-fee account. (There are low fund management fees, but not as low as Vanguard‘s. Unfortunately Vanguard has a minimum deposit requirement ... Continue reading this article…

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My Tires Are Bad Luck

by Luke Landes

As I pulled into the parking lot by my apartment, arriving home after work and after picking up my clothes at the dry cleaner, I ran over some glass and ended up with a flat tire. It could have been worse; I could have been stuck somewhere other than my apartment. At this point I ... Continue reading this article…

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Wage Inequality

by Luke Landes

I’ve noticed there’s been a number of stories in the news lately about working and salary. Here’s another, this time from the Wall Street Journal, who asks if wage inequality is worsening. About 11 percent of income (and that’s not counting capital gains) went to the best-off 0.5 percent of Americans in 2002; 25 years earlier, they ... Continue reading this article…

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Articles for Wednesday [redirected]

by Luke Landes

Here’s what I would have been reading today if I hadn’t been so busy in the office: * The contratian view on Yahoo! * Why Yahoo’s dive may be goos news * Married individuals have almost double the net worth of those who are divorced or single. (Two can live cheaper than one? More later.) ... Continue reading this article…

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Carnival of the Vanities

by Luke Landes

The Carnival of the Vanities is up at Free Money Finance. My post, Getting in (Physical) Shape, was included, as well as many other much more deserving articles from other bloggers.

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Prices Decline

by Luke Landes

The Consumer Price Index declined 0.1 percent last month but the core CPI (excluding food and energy costs) rose 0.2 percent. This seems to mean that while energy costs went down, perhaps rebounding from highs due to natural catastrophes last year, those costs didn’t decline enough to bring prices of other items down.

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Nikkei – Yikes!

by Luke Landes

I was just about to go to sleep when I noticed the Nikkei crashed 4 percent and trading was suspended. All of the Asian markets seem to be affected. Tomorrow will be an interesting day for stocks.

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