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BusinessWeek: 10 Best Places To Own Property

6 Comments / Real Estate / By Financial Tips

BusinessWeek comes out with a Top 10 list of best places to buy vs. rent. This is their formulation in their words: “To create a fair match-up between owning and renting, we calculated ownership costs assuming a fixed 30-year loan for 100% of the purchase price with no down payment. If they had instead decided to […]

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Michael Vick Suits Up: A Comeback Story

7 Comments / Retirement / By Financial Tips

Michael Vick – A Second Chance Or No? When Michael Vick was convicted of animal cruelty a couple years ago, he lost everything. Particularly painful was his $135 million multi-year guarantee contract from the Atlanta Falcons. Probably even more painful was the shame he felt and the 18 month experience in the slammer. He’s now

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Does Bernie Madoff Win In The End?

13 Comments / Investments / By Financial Tips

There are press reports that Bernie Madoff has cancer and doesn’t have many years left to live. If this is the case, does Bernie win in the end? For decades, Bernie has been pilfering his clients for millions, and living far beyond his wildest dreams. Bernie Madoff’s $450 Million “Win” Let’s say that through an honest

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Forgoing A $50 Million Fortune For The Love of Football!?!

5 Comments / Retirement / By Financial Tips

For a guy who doesn’t work anymore, my favorite part of the year begins soon. In just a few moments, college football starts and many a Saturday will be wasted with guys and some girls zoned in front of their TVs or at their favorite bars rooting like crazies! Surprise, surprise, the Florida Gators are the

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Everybody Is A Financial Genius In A Bull Market

7 Comments / Investments / By Financial Tips

In a bull market, everybody is a financial genius. Be careful thinking you are smarting than you really are. Confusing brains with a bull market is one of the easiest ways to lose a lot of money. During a bull market, it’s important to properly assess your investment risk profile. You may be investing way

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30 Minutes At Starbucks: Observing Day-to-Day Life

6 Comments / Budgeting & Savings, Insurance / By Financial Tips

So here I am at Starbucks, testing to see if being here among the bustle of loungers helps gives me writing inspiration. They say it’s good to get out of the house once in a while to recharge the soul. I take the first seat that’s available, and what do I notice? Hanging on the side of

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What Do Retirees Age 65-75 Do Compared To The Rest?

7 Comments / Budgeting & Savings, Retirement / By Financial Tips

Retiring early is great. I’ve been writing about the FIRE movement since I first published this post in 2009. But what do retirees age 65-75 do that’s so great compared the the rest of us? The Bureau of Labor Statistics & USNWR comes out with an interesting survey that seeks to find out what retirees

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Obama’s Universal Healthcare Proposal

10 Comments / Insurance, Retirement, Taxes / By Financial Tips

In Sarah Palin’s first online post since quitting her job as Governor of Alaska, she writes that Obama’s Healthcare Plan is “Evil” because of its support for euthanasia. Obama later explains, “Nobody is going to be forcing you to make a set of decisions on end-of-life care based on some bureaucratic law in Washington.” What’s

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Grab Bag Weekend: The Woman I Love Is So Powerful!

3 Comments / Budgeting & Savings, Relationships / By Financial Tips

Question: A reader shoots me an e-mail with the subject, “The woman I love is so powerful, how much should I spend on her engagement ring?” I get a lot of emails and can’t answer every single one. But that intriguing subject caught my eye. Buying an engagement ring is a big decision. And I’ve

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Don’t Get Caught With Alligator Arms!

3 Comments / Relationships / By Financial Tips

Do you have a cheap friend with alligator arms? Or perhaps someone called you out for having alligator arms and you’re not quite sure what they meant? Let’s go over what it means to have alligator arms. And then I will share an email exchange I had with a reader on this very topic. Definition

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