How Corporate Bonds Work
I have written posts about what a share of stock represents and how stock trades work, but I have never given a breakdown on how corporate bonds work.
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What You Can Learn About Life From Haggling in Chinatown
A few weeks back I was standing on Canal Street in New York at the center of Chinatown. I was helping one of my friends haggle the price of a fake Louis Vitton purse down from $100 to $30. I realized that you can learn a lot about life walking down a Chinatown street trying
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Review of “I Will Teach You To Be Rich”
Ramit Sethi is a fun and interesting character. I had the chance to meet him a few months back on his book tour and just got around to finishing the book. Ramit genuinely cares about helping his readers be as lazy and financially stable as possible. If you think that is an oxymoron, you should probably
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Bankruptcy Rate Increase Slows
The rate of bankruptcies is still increasing, but the rate is slowing down. A British PriceWaterhouseCoopers study found that the rate of bankruptcies and Individual Voluntary Agreements is still increasing, but the rate of increase is leveling off. The cumulative rate for year to date is still lower than the comparable period from 2006 and 2007.
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Appreciate What You Have Around You
On Friday I took a hike with a group of co-workers to the top of the 14,265 foot Quandary Peak. The hike was challenging, but all 61 of my group made it to the top. The view was astounding. The mountain was exhausting. Reaching the summit was rewarding. After fighting through the headache and dehydration
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Homes as Investments
Over the last year or so, we have seen real estate prices fall like we could never have imagined. Many experts believe that residential real estate is just the beginning, and that commercial will start to go into crisis mode in the near future. What are we to do now? I like to think of
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