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.
How Corporate Bonds Work Read More »
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
What You Can Learn About Life From Haggling in Chinatown Read More »
The Easiest Way to Invest for Retirement
We have talked about automatic investments many times on this blog. I am a big fan of setting up a system that takes money straight out of your paycheck and puts it away for the day you call it quits. However, people often get nervous about investing their retirement savings. I have a couple of
The Easiest Way to Invest for Retirement Read More »
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
Review of “I Will Teach You To Be Rich” Read More »
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.
Bankruptcy Rate Increase Slows Read More »
How Banks Make Money and How You Can Make Money Like A Bank
I am sure you realize that the bank pays you for keeping deposits there. Many young people do not have loans, so they have never thought out the process of banks making money. Why should they even care about keeping you as a customer? Here is how banks make money and a few ideas on
How Banks Make Money and How You Can Make Money Like A Bank Read More »