As featured in The Wall Street Journal, Money Magazine, and more!

July 2007

10 Money Tips for Baby Preparation

by Luke Landes

Looking forward to that new baby smell? It’ll cost you… for years. USA Today has ten tips for “baby-proofing” your finances — the way you might baby-proof a kitchen — so you’ll be in a better position to part with $1 million over the next 18 years. 1. Review health coverage. Some new parents I’ve […]

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Market Update, July 19, 2007

by Luke Landes

The Dow closed over 14,000 at 14,000.41 today. When do you think it will close over 15,000? One cookie to someone who guesses correctly. S&P 500 at 1,553.08, Nasdaq at 2,720.04. [Reuters]

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Review: Complete Real-Estate Investing Guidebook by David Crook

by Luke Landes

Wall Street Journal Complete Real-Estate Investing Guidebook David Crook (9/10) Occasionally, publicity agents, publishers, or sometimes even authors, send me books with the request that I read and review what they send. That was not the case with this book. A few months ago, I wrote about the cost of owning a home over 30 […]

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The First Step to Cleaning Up Your Finances

by Luke Landes

A few years before starting Consumerism Commentary, I realized I was in a financial predicament. The salary I had been earning from my non-profit job was barely paying this bills in addition to the cost of commuting to the said job. I was relying more and more on my credit card to get by, ignoring […]

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Question for Readers: Get Rid of Debt Before Investing for Retirement?

by Luke Landes

Joe sent me a question about priorities. He feels his chosen career path is not one destined for the big bucks, but in pursuit of said career, he has racked up some debt. Fair enough, that’s a common situation. He also has some decent retirement investing options laid out in front of him by his […]

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Fund Companies Trying to Attract Younger Investors

by Luke Landes

A couple of brokerages and fund companies are courting younger workers just getting their feet wet with outside-of-401(k) investing. They’re lowering the barriers to entry in the form of minimum fund investments. * Charles Schwab lowered the minimum from $2,000 or $2,500 to $100. * American Century Investments established new funds with $500 minimums for […]

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Go to College Without Going Into Debt: An Example

by Luke Landes

A couple of weeks ago, I wrote about options for going to college without going into debt, in response to an article about the near impossibility of doing so. Commenter “t” shared his or her experience: I also chose the state school route. I’m lucky enough to have grown up in a state (washington) with […]

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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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Financial Lessons from Television Fiction: The Office

by Luke Landes

Now that my new cable company is providing me with the works for less than $15 a month, including a digital video recorder, I find myself wasting more time watching television while doing other work. One of the shows I can’t get enough of is The Office. While the characters are a bit exaggerated, there […]

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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. […]

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