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Market Records

by Luke Landes

Third day in a row with market records, but not on all indexes at closing. Toby thinks I’m crazy for thinking “bubble,” but I’m not really thinking it anyway. S&P 500 at 1,549.52, Dow at 13,950.98, Nasdaq at 2,697.33. [Yahoo Finance]

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Carnival of Personal Finance #109

by Luke Landes

The Carnival of Personal Finance is posted at the Mint Blog. I liked Net Worth vs. Cash Flow, Why Most People Get Returns Lower Than the Market, and Couples and Money.

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Stupid Investment of the Week: Rich Dad Academy

by Luke Landes

Related: Analyzing a Kiyosaki cornerstone: Is Your Home an Asset or Liability?. Chuck Jaffe, a writer with MarketWatch, set his sights on the Teach Me to Trade seminar last year, and ordained the event his “Stupid Investment of the Week.” This year, he attended Robert Kiyosaki’s “Rich Dad Academy,” and came to the same conclusion. ... Continue reading this article…

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Personal Finance Blog Roundup, Philadelphia Edition

by Luke Landes

This weekend, I will be visiting King Tutankhamon in Philadelphia. I’ve wanted to see this exhibit for a long time, and it’s closing at the end of September. The exhibition is sold out later on, so now is the time to go. Here are some articles from other blogs that caught my attention this week, ... Continue reading this article…

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Upcoming Downtime on Consumerism Commentary

by Luke Landes

Consumerism Commentary and a bunch of other sites I host like pfblogs.org, Carnival of Personal Finance, and Meta Best Blog Win will be down on Friday night (early Saturday morning) from 2:00 am for about 5 hours. The server is being moved to a larger facility in Los Angeles. Please bear with us. This move ... Continue reading this article…

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College Graduates: Starting Salaries Jumped This Year

by Luke Landes

Here are the latest figures for average starting salaries. * Chemical engineering: up 5.4 percent to $59,361 * Computer engineering: up 4.8 percent to $56,201 * Mechanical engineering: up 4.6 percent to $54,128 * Electrical engineering: up 3.2 percent to $55,292 * Civil engineering: up 5.4 percent to $48,509 * Computer science: up 4.1 percent to $53,396 * Information science: up ... Continue reading this article…

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Whole Foods CEO Internet Scam

by Luke Landes

The Chief Executive Officer of Whole Foods, John Mackey, has been posting on internet message boards, promoting his company’s stock (example) and pointing out the faults of others in the same category (example). I find it unlikely that a few messages affected the stock’s price to a significant degree, but that’s not the point.

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Be Grateful for Generation Y

by Luke Landes

Be grateful for Generation Y. They don’t settle for meaningless work, they don’t worry about being seen at their desks, they play well with others, and they don’t put up with jerks. [Penelope Trunk]

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