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The Millionaire Myth

by Flexo

MM from PFBlog posted a link to an article by Dustin Woodward, a Webmaster/Researcher for an investment advisory firm, called What it Takes to Be a Millionaire. (That’s the name of the article, not the firm.) It turns out the process is simple — start saving early and rely on compounding interest. There is a ... Continue reading this article…

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Ashes, Ashes

by Flexo

As you know if you follow the news, the U.S. dollar has been losing value when compared to other currencies around the world. I don’t know much about currencies, but I know that means anything dealing with something from outside the country (say, traveling overseas or imported food) is going to be more expensive. Someone ... Continue reading this article…

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Above Average

by Flexo

It doesn’t always feel good to know you’re above—way above—average. According to the Bureau of Labor Statistics, who just released the results of their National Compensation Survey, the average annual health insurance premium for singles is $810.84. I enrolled in my 2005 medical and dental plans last night. For medical I chose the least expensive ... Continue reading this article…

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My Name is Flexo, and I Approved This Message

by Flexo

Last week, I received the following email. I have changed the name of the firm for the safety of the author: Flexo- I enjoy reading the posts on your blog ‘Consumerism Commentary’. It is a well put together site. I was reading a post on 9/29 about your brokerage recently charging you an annual fee. ... Continue reading this article…

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Annual Fee?!

by Flexo

My previously-mediocre-but-not-horrible discount brokerage firm decided to start charging an annual fee… a fee higer than some full-service brokerages. I’m high-tailing it out of there ASAP, and I’m looking to do it without any tax implications. Although, even if I have to sell, the tax burden shouldn’t be too bad. So, with the several thousand ... Continue reading this article…

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People of Million Dollar Homes

by Flexo

Who can afford million dollar homes? Coldwell Banker polled their real estate salespeople to find out. It turns out that buyers of million dollar homes most often pay in cash, or if they take financing, many put down a payment of at least 50 percent of the sale price. The two most common professions are corporate ... Continue reading this article…

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