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Rebate Scams

by Flexo

One piece of advice by those who love frugal shopping is to take advantage of rebates whenever possible. Many people followed this advice in the recently passed holiday shopping season. Most of those purchasers will not receive their rebates. According to Senator Chuck Schumer, the most diligent customer who follows the complicated instructions exactly has ... Continue reading this article…

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Balance Sheet and Income Statement, November 2005

by Flexo

It’s that time again. Time to own up to the facts and share my detailed financial position with the world. Continue reading this post to see if this has been a good month or a not-quite-as-good month. First my net worth, then my income and expenses.

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Ben Bernanke’s Only Stock

by Flexo

Ben Bernanke has only one stock in his portfolio: Altria Group/Philip Morris/Marlboro [MO]. This has been talked about by Jeremy Siegel, CNN Money, Henry Blodget at Slate, and the New York Times. Altria is included in a few of my mutual funds I hold for retirement. The company is also the biggest portion (4.73 percent) of ... 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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Competitive Online Bank Accounts

by Flexo

For those who read this blog — or, for that matter, any blog dealing with personal finance — there are no suprises in this article from CNN Money, Online savings accounts duke it out. The article discusses ING Direct and its newer rivals in the higher-interest online-only savings bank scene, Emigrant Direct and HSBC. An ... Continue reading this article…

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Peek Into Supreme Court Nominee’s Portfolio

by Flexo

Slate has an interesting article on Supreme Court nominee John Roberts’ portfolio. Can you tell an individual by his or her investments? Most of the article talks about Roberts’ stock holdings (Coca Cola [KO], AT&T [T], XM [XMSR]), but it also mentions that his bank accounts amount for the largest portion of his holdings, between ... Continue reading this article…

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That Is Really Offensive

by Flexo

Some of my favorite commercials on television right now are GEICO spots. You know the ones. Salesman/actor: “Buying car insurance from GEICO is so simple, even a caveman could do it.” Caveman: “That is so offensive.” Seth Stevenson from Slate Magazine feels the same way and cites another good one, the “Tiny House reality series” ... Continue reading this article…

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Monday’s Links

by Flexo

These will be updated throughout the day if I find anything interesting online: * What’s the Worst Ad Song Ever? A Slate article takes suggestions from the audience for most cognitively dissonant commercial. * Citigroup loses 3.9 million customers’ information while in transit. Free Wall Street Journal article here. * Jacquelyn Tran had an idea ... Continue reading this article…

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