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Friday Reading

by Flexo

Here’s what I’m reading today, updated throughout the day as I feel like it. Jim Jubak sees a revolt pertaining to property taxes and the Alternative Minimum Tax. Prediction: Oil will either spike to $100 a barrel or it will drop. There is a third possibility that the price will do neither. In conclusion, no ... Continue reading this article…

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40-Year Mortgages

by Flexo

According to an article on MSN Money, 40-year mortgages are about to become mainstream. Forty-year mortgages have lower monthly payments than their 30-year cousins, although they cost more over the life of the loan because the borrower pays interest for 10 years longer. With the lower monthly payments, they are seen as a tool to ... Continue reading this article…

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Friday’s News

by Flexo

As Friday progresses, I’ll add articles and news I find interesting to this post. * Jim Jubak says there is no housing bubble. The first rule of Housing Bubble is you do not talk about Housing Bubble. His reasons: mortgage money is cheap (low rates), high prices are a result of inflation only, and consumer ... Continue reading this article…

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May the Economic Force Be With You

by Flexo

Those strange CNN photographers and graphics designers have been at it again, apparently. While the yields of treasury bonds were falling, CNN.com staffers were busy morphing Alan Greenspan into Yoda. The caption for the photo: “Conundrum, hmmm? Boost interest rates, I must.”

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Price Waves

by Flexo

Jim Jubak has published an important article about inflation. Jim, with support from The Great Wave by David Hackett Fischer, explains how the Federal Reserve Bank is ignoring long-term inflation while being concerned with shorter, cyclical events. There is historical precedence for the price inflation the world is currently going through. Jim picks out some ... Continue reading this article…

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The Artistic Side and Today’s News

by Flexo

You may not know it from reading this website, but I’m more of an artistic individual than anything else. Throughout school (not including my MBA, that is), my studies centered around music, and my original plan was to be a high school instrumental music teacher. Every once in a while, I get to do something ... Continue reading this article…

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Best. Deduction. Ever.

by Flexo

Marketplace is a mini radio show on National Public Radio. They air for a few minutes in the morning and a half an hour in the evening, after the markets have closed for the day. The program offers financial news and tends to have interesting discussions about the economy. As we’re coming down to the ... Continue reading this article…

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Suze Orman: Young, Fabulous and Decidedly Not Broke

by Flexo

Suze Orman is appearing on PBS right now on her fifth special, Young, Fabulous, and Broke. I’ll live-blog the first hour of the program. You can catch her on WNET 13 New York or possibly your local PBS station. Show them your support. Read on and reload throughout the hour! Keep in mind my server ... Continue reading this article…

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