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In The Event Of An Emergency

by Flexo

CNN offers good advice when it comes to determining what to do when disaster strikes: * Get yourself safe, then busy. Water, food and shelter first, and accept any offers of short-term help in the form of cash. * Get to a bank. In a pinch, any bank. Without identification, they’ll work doubly hard to ... Continue reading this article…

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Honda Civic 2006 Redesign

by Flexo

I drive a 2004 Honda Civic, but the new 2006 models look rather nice. I won’t be upgrading any time soon, but take a look at the new dashboard. Me like shiny lights. Our test car came with a very smooth automatic, but we’d prefer the manual for an extra measure of power. Fuel economy ... Continue reading this article…

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Investing After Katrina

by Flexo

Here are some articles that touch on how to concentrate investments post-Katrina. Jim Jubak says stay away from sectors that will take a strong hit due to rising energy and commodity prices in addition to retailers that rely on low-income consumers. Instead, head towards companies that stand to gain the economic shift that Katrina has ... Continue reading this article…

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Housing Boom Will Simmer

by Flexo

Federal Reserve Chairman Alan Greenspan commented a few nights ago: Nearer term, the housing boom will inevitably simmer down. As part of that process, house turnover will decline from currently historic levels, while home price increases will slow and prices could even decrease. As a consequence, home equity extraction will ease and with it some ... Continue reading this article…

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Hawaiian Gas Caps

by Flexo

When we talk about gas caps, we are usually referring to the round knob that you remove when you stop to fill up your tank and sometimes forget to replace before driving away. But there’s a new kind of gas cap in the Aloha State. Hawaiians have now been assured by law that they will ... Continue reading this article…

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Derivatives, The Future of Investing?

by Flexo

CNN Money is featuring an article discussing derivative investments, in particular, investments designed for the small investor to hedge his or her bets. HedgeStreet is a company that lets people speculate on economic events, such as gas prices hitting $3.00 by a certain date. This hedge, for instance, might be good for someone with a ... Continue reading this article…

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How Much Will I Spend On Gas This Year?

by Flexo

I’m in the mood for some calculations. I paid $2.47 per gallon for gasoline last night. What will it cost me to drive to work this year, assuming $2.50 is the average I’ll pay? I drive 80 miles to and from work (combined) each day. To make the calculation easy, let’s say each year I ... Continue reading this article…

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Your Money Is Dumb

by Flexo

(It’s all right, mine is, too.) Here’s a lovely article from Slate, You and Your Dumb Money. The author succinctly explains the difference between smart investors and dumb: Smart money (big-time hedge-fund managers, private-equity honchos, leveraged buyout kings) reliably outperforms the market. Dumb money (individual investors, the sort of people who casually watch CNBC for ... Continue reading this article…

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