A Daily Personal Finance Blog on Saving, Investing, Career Change,
Budgeting, Creating a Life Plan, and Other Financial Freedom Topics.
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- A New Set of Building Blocks
I recently submitted a Letter to the Editor to the Early-Retirement-Planning-Insights.com site entitled A New Set of Building Blocks.Juicy Excerpt: The Efficient Market Theory is the foundation of the conventional investing advice of today. Even people who...
Mon, 3 Mar 2008 06:05:46 -0800
- A Strange Babyland
Last Friday's blog entry ("Newspaper Prices") explored how one of our fellow middle-class workers can by spending $1 increase overall middle-class wealth by $1 million. He offers to pay $51 for a share of Company ABC, valued at the time at $50, and thereby...
Thu, 31 Jan 2008 12:46:35 -0800
- "It's Not Like You Are Proposing Some Wild New Idea"
Jim Wiandt, publisher of IndexInvestor.com, on Monday afternoon extended to me an invitation to submit an article on Valuation-Informed Indexing for publication at the site. He said that: "if it's good, and if it's pertinent, we'll run it."I submitted an article...
Wed, 30 Jan 2008 10:57:37 -0800
- The Lighter Side of The Great Debate
BigMoneyJim used to be one of my biggest fans. Then I put forward The Post Heard 'Round the World. That one caused him to run away from home and join the goon circus. Oh, well.Jim started a smear site some time back that I think can fairly be described as being...
Tue, 29 Jan 2008 11:27:25 -0800
- IndexUniverse.com on "Guys Named Rob"
Jim Wiandt, the publisher of IndexUniverse.com, today posted a blog entry entitled Guys Named Rob and Hougan's Folly. I've allowed myself to feel a flicker of hope that this development offers us a way of being able soon to bring the Campaign of Terror to an...
Mon, 28 Jan 2008 10:10:01 -0800
- Newspaper Prices
There are one million shares of Company ABC outstanding. The stock sells for a price of $50 on the morning of January 25. Late in the day, some fellow gets enthusiastic about the company's prospects and offers $51 to buy a share. The offer is accepted.How much...
Fri, 25 Jan 2008 12:33:24 -0800
- Hate Story
What do you see about you? I see confusion. I see fear. I see anger. I see remorse. I see anguish. I see hate.Hate is evidence of pain. Is that not so? Healthy and strong and confident people do not hate, do they? Hate is a sign of weakness. Hate is a sign...
Thu, 24 Jan 2008 08:01:58 -0800
- Bogle Laughed
Bogle appeared on one of those idiotic television shows yesterday where they ask experts what their analysis is of what happened in the last eleven seconds and what it all means for what might happen in the next seven seconds.He laughed.He was making a point....
Wed, 23 Jan 2008 10:48:11 -0800
- Stock Slaves
I don't care about astronomy.I don't care about economy.But it sure does bother me to see my loved ones turning into puppets.--Dylan, "Slow Train Coming"Slavery was outlawed in the states some time back. It was in all the papers.The evil in man's heart that...
Tue, 22 Jan 2008 09:16:17 -0800
- Poof!
There's a question that comes up on investing discussion boards whenever there's a significant drop in the price of stocks. People ask: "Where did all the money go?"Call on me, teacher! I know this one, I know this one!It goes "poof!." It goes back to the same...
Fri, 18 Jan 2008 14:18:09 -0800