Tag Archives: stock market

Four Personal Finance Stories to Ponder

Apologies for the really long absence, but with the Easter holiday, going home to Wallkill several times in the past month, and a crazy period at work, I haven’t had much time to update anything worth substance.

In the past week, there have been several fantastic personal finance-related stories in both the New York Times and Wall Street Journal.

No, none of these have anything to do with income taxes. Do make sure you file by April 15th, though, or else the big bad taxman just may come after you.

If you have the time this weekend, definitely peruse these not-so-long stories. I’ll give a quick summary and my thoughts on each one after the jump.

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Daily Dimes 12/23/09

So, what’s really in a word? When you whip out your Capital One card to pay for groceries at a supermarket, what do you tell yourself you’re doing? Charging it?

Sure, you’re using a credit card to do it, but you’re charging it … right?

Well, maybe. But know that there is, in fact, a difference between a charge card and a credit card.
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Weekly Roundup

This week took a look at some tips and tricks to help you assess your finances as we come to the close of 2009. Not only should we see what worked, but also what maybe didn’t work out as well. That way we can fix those errors and perform better next year.

There were also myriad articles about how to shop this holiday season (oh … wait … Christmas is in less than three weeks, should’ve let you know …)

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Daily Dimes 10/22/09

I’m not always one for clichés, but when it comes to younger investors’ retirement accounts — particularly 401(k)s — the notion of “persistence pays off” really is living up to its moniker.

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Daily Dimes 10/19/09

When most individuals are considering making large decisions with regard to a topic they don’t know much about, they’ll usually go to an expert in that particular field.

Take money as an example. Generally, that’ll bring you to a financial planner. Post soul-crushing economic crash, many are angry at the financial planners they — in many instances — paid for the insight and knowledge to navigate a storm. Much like our current recession.

The problem? This was unforeseen, and an “outlier” year — one that any good financial planner should tell you about when first assessing your tolerance for risk, but one that many thought would never happen.

Add frauds like Bernard Madoff into the mix, and you have a recipe for disaster. A recent story in the New York Times covered a discussion amongst financial planners — a postmortem, if you will.

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Weekly Roundup: The LBC Edition

Remember the rap song Gin & Juice by Snoop Dogg and Dr. Dre? Epically classic.

Anyway, a line from the chorus, “… laid back, with my mind on my money and my money on my mind …” is the crux of this installment of Weekly Roundup. There was a great deal of personal finance–related stories that dove into how people thought about their financial situations — and how they acted on those thoughts.

In English, your thoughts about money are connected to the actions you eventually make. Your mental matters much more than you think, even if in the end it does just come down to dollars and cents.

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Daily Dimes 10/16/09

Do you look at the glass as half empty or half full? Instead of smirking and downing your glass of water, give it some thought.

The way you look at life — and yes, this includes your personal finances — can greatly dictate how quickly you will (yes, will) recover.

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