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Bat-Mitzvah For The Rich And Not Really Famous

by Flexo

If you have ten million dollars lying around and your daughter happens to be preparing for her Bat Mitzvah, why not drop the cash on a fancy party for her and her friends? While you’re at it, go ahead, invite some popular entertainters, such as Aerosmith, Tom Petty, and 50 Cent. Well, this is pricely ... Continue reading this article…

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Microsoft’s Xbox 360 Strategies

by Flexo

Just like for the older Xbox, the new Xbox 360 costs more to manufacture than Microsoft charges for the system. The retail price is $399 (which will eventually be cut down, which is the pattern for video game consoles) but the cost for all of the components is $552.27. Microsoft must believe that people who ... Continue reading this article…

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Downtime, Flight Time

by Flexo

Sorry for the downtime Consumerism Commentary readers experienced earlier today. My web service provider was having some router problems, but everything seems to be fixed… for the moment, anyway. We weren’t the only ones with computer issues; the New York Mercantile Exchange (NYMEX) had to suspend trading for some time earlier today because of a ... Continue reading this article…

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News Everywhere

by Flexo

There are many notable news stories today. Here’s a look: * Bank of New York confesses to money laundering and will pay $38 million to avoid prosecution. They probably made billions of dollars during the 1990s in their schemes involving Russia. As my coworker pointed out, that’s not such a bad return. * The car ... Continue reading this article…

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HOWTO Purchase a Bed (Mattress and Box Spring)

by Flexo

You may have read that I purchased a bed this past weekend. This was my first purchase of major furniture, but it was a long time coming. I had suffered from morning back and neck pain for too long, and I believe the problem had much to do with the sleeping surfaces I’ve had over ... Continue reading this article…

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Raise Your FICO Credit Score

by Flexo

You may have been offered a credit score when you took advantage of the free credit report offer. CNN is offering tips for boosting that score. But first a note. Often, credit scores offered by the credit reporting agency are not true FICO scores — the ones mortgage companies use when contemplating your credit risk, ... Continue reading this article…

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Can a 25-Year-Old Retire At 50?

by Flexo

That’s the question tackled by Walter Updegrave in his CNN Money column, Ask the Expert. Here are the given facts: the individual is 25 years old, contributes 10 percent to his 401(k) and maxes out his Roth IRA. Will that be enough to retire in twenty-five years? Walter thinks he has a lot of work ... 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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