Archive for October, 2006
Posted in October 31st, 2006
Your health can definitely have an impact on your finances. For example, I recently wrote about how losing 10 pounds can save you thousands of dollars on your life insurance. So, even though it’s not directly about personal finance, I recommend taking a look at Your Disease Risk, a site developed by the Harvard Center [...]
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Posted in October 30th, 2006
Earlier this month, Morningstar announced that it is going to begin reporting what they call “Morningstar Investor Return” in addition to the traditional time-weighted returns of mutual funds. Time-weighted returns are the returns that you usually read about. They are the return that you would have received on your investment had you put [...]
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Posted in October 30th, 2006
I’ve been with ING Direct for years. One of the things I like about them is the ability to easily set up subaccounts–for example, one for saving for a car, one for home repair, etc. Also, it’s easy to buy CD’s from the main account, without having to setup a whole new account [...]
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Posted in October 29th, 2006
How are active managers doing compared to indexes this year? As cited in Sunday’s New York Times article by Paul Lim, so far through September 30th of this year, only 28.5% of actively managed large cap mutual funds were beating the S&P 500 index according to a new study by Standard and Poors. [...]
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Posted in October 27th, 2006
I don’t want to make this blog an outlet for consumer complaints, but I recently had a problem with Staples.
The other day I saw that HP had a 50% off rebate on a LaserJet 3055 All-In-One. The rebate was for $250. Being a fan of Staples, and having just tried out their EasyRebate online submission [...]
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Posted in October 25th, 2006
Thanks to Jonathan at MyMoneyBlog, I finally decided to switch my main rewards credit card (used for business purchases) to the Starwoods Preferred Guest Business American Express Card (the personal version of the card basically has the same features). I had been using a United MileagePlus Visa Card, which gave me 1 mile/dollar spent. [...]
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Posted in October 23rd, 2006
Most of the time we know what we have to do to save money. The problem is lack of knowledge, it’s lack of discipline. When the money’s in our checking account, we spend it. That’s what it’s there for, isn’t it? Sometimes we just have to trick ourselves into saving.
Kiplinger.com recently [...]
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Posted in October 18th, 2006
The EPA and DOE yesterday released the 2007 Top Fuel Economy List which featured the Toyota Prius hybrid as the car with the best fuel economy at 60 mpg city/51 mpg highway (at least based on current official EPA reported mileage, which is higher than real world mileage according to most tests). This brought [...]
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Posted in October 16th, 2006
I’ve only been blogging for about a month, but it looks like I’ll have to retract something I posted recently. In my post on 25 Ways I Save Money, one of the ways I mentioned was using Costco. It looks like I’ll have to retract, or at least amend, that statement. The [...]
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Posted in October 13th, 2006
A recent post at PFAdvice on 10 Hidden Costs People Fail to Consider reminded me of the dangers of determining affordability of a home by just focusing on the mortgage payments which have been faciliated by easy credit, low interest rates, and “innovations” like interest-only mortgages. Even if a house is affordable–that is, the bank [...]
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