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Contrarian Attitude to Investing

by Flexo

I don’t normally read Charles E. Kirk but I do have The Kirk Report in my RSS feed reader, so once in a while, I might come across something in which I find myself very interested. Today, Charles mentioned an article he wrote more than a year and a half ago called Walking a Stock ... Continue reading this article…

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Mr. Housing Bubble

by Flexo

Whether or not there exists a housing bubble, t-shirthumor.com stands to win with a hot t-shirt design that’s affordable for any over-extended homeowner facing foreclosure. The design is a box of “Mr. Housing Bubble” soap with a “Free Balloon Mortgage Inside” and a tagline inviting you to take a bath in the real estate market. ... Continue reading this article…

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Carnival of Personal Finance #8

by Flexo

Welcome to this week’s Carnival of Personal Finance (basic introduction, schedule) and welcome to Consumerism Commentary (about, best of) to any new readers! This is the eighth installment of the Carnival. In this issue: Designer Pets. Free Money Finance discovers the latest craze for dog owners, crossing poodles with other breeds, giving us wonderful breednames ... Continue reading this article…

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Foreign Exchange Trading

by Flexo

An article in the Wall Street Journal, Currency Markets Draw Speculation, Fraud [free], talks about day trading in the foreign exchange market. The story focuses on Marc Coppola, one of my favorite Q104.3 DJs, who apparently also dabbles in trading foreign currency. To summarize, this type of trading has grown in popularity despite its risk. ... Continue reading this article…

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These Rules Don’t Work

by Flexo

I like this article from MarketWatch that presents five investing rules that don’t work. You may have heard these investing clichés before, but clichés come a dime a dozen: Subtract your age from 100 to determine the percentage of your investment that should be in stocks. This would present an overly conservative portfolio for most ... Continue reading this article…

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Paying Himself First

by Flexo

Mike Rogalski is featured as one of CNN’s Millionaires in the Making. He’s a civil engineer working for the U.S. Department of Defense in Florida, making $84,500 a year. He chooses not to take advantage of an IRA for retirement savings, instead investing $33,000 in stocks and mutual funds. With $105,000 already put away in ... Continue reading this article…

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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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How To Teach Your Kids About Money

by Flexo

Jonathan Clements from the Wall Street Journal offers some advice, or his experiences as an example, for teaching children about money management. (By the way, this article can be accessed for free, unlike most of the Wall Street Journal Online.) The first rule of writing these types of articles is “Know your audience.” And Jonathan ... Continue reading this article…

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