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Gas-Guzzlers Downshift

by Luke Landes

Coult it be that American consumers have started turning thier backs to gas-guzzling monster machines? From CNN: * Large SUV sales are 11.2 percent lower than they were at this time last year, according to AutoData. * In the “beige book” released Wednesday, the Federal Reserve reported a shift to vehicles that use less gas. ... Continue reading this article…

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ShareBuilder $50 Promotion Updated

by Luke Landes

Click here for the latest Sharebuilder promotion, a $50 bonus. I have been participating in ShareBuilder’s $50 bonus promotion which offers the free cash to those who open a new account online with a certain coupon code. Originally, I funded the account with $50 from my checking account and invested in $46 worth of IYZ, ... Continue reading this article…

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Balance Sheet, August 2005

by Luke Landes

Once again, ladies and gentlemen, it’s time for the monthy progress report. The good news is my balances went up this month. The bad news is that it wasn’t by much. If I get around to posting my income sheet for the month, we’ll be able to see where the problems lie. I keep adding ... Continue reading this article…

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Government Seizes Valuable Coins

by Luke Landes

Several coins created by the U.S. Mint in 1933, worth about $1 million apiece, were seized by the government. The double eagles, originally worth $20, are highly valued because they were never circulated. A few years ago, one sold for $7.59 million, but that one coin is also the only 1933 double eagle legal to ... Continue reading this article…

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Contrarian Attitude to Investing

by Luke Landes

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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Stupid Investment of the Week

by Luke Landes

On MarketWatch, Chuck Jaffe presents his Stupid Investment of the Week. In this case, it is the STAR Trader Workshop. If workshops like these have superfans, I am the farthest from one. Luckilly, Chuck lost only time and not money by attending an introductory workshop. This seminar, as advertised on television infomercials, is supposed to ... Continue reading this article…

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Don’t Regret

by Luke Landes

Jeanne Sahadi regrets her past mistakes of inaction. We can all learn from her mistakes, I believe. In the article, she mentions three actions she wishes she had taken which would have improved her financial situation. Use a Roth IRA to save for a down payment. Roth IRAs are generally thought of accounts for retirement, ... Continue reading this article…

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Carnival of Personal Finance #8

by Luke Landes

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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