The entire Jim Cramer interview with Jon Stewart last night are now up on TheDailyShow.com. It's split up into a few parts, here is the first one: It was kind of fun to see Cramer squirm a little bit (deny everything!), but I think most … [Read the rest]
Walking Out On My Mortgage? My View
Posted on March 12, 2009 // 85 Comments
Here's my personal response to my question: Would You Ever Walk Away From Your Mortgage? I didn't initially mean to make this a separate post, but it ended up being a bit long. Ethics are always a fuzzy area and very difficult to explore clearly on … [Read the rest]
Jim Cramer v. Jon Stewart: The Feud Continues…
Posted on March 12, 2009 // 16 Comments
If you don't watch The Daily Show regularly, you may have missed more "drama" between Jim Cramer and Jon Stewart after the TDS roasted CNBC last week. Cramer responded by saying his words were taken out of context. Jon Stewart responds, saying … [Read the rest]
Poll: Would You Ever Walk Away From Your Mortgage?
Posted on March 11, 2009 // 78 Comments
In order to qualify for federal loan modification assistance, your mortgage balance can be no larger than 105% of the appraised value of your home. So what if your house's value dropped so much that you owe more than that? (This is referred to as … [Read the rest]
Do I Qualify For Loan Modification? The New Homeowner Affordability and Stability Plan
Posted on March 10, 2009 // 26 Comments
I've been reading through the details of the new Homeowner Affordability and Stability Plan, which is letting lenders modify mortgages as of March 4th. Most of the information is collected here, where you can find a fact sheet, a two-page summary of … [Read the rest]
MicroPlace Review: Earn a 5% Return and Help Fight Poverty Too?
Posted on March 10, 2009 // 23 Comments
"A billion people around the world work hard every day to lift themselves out of poverty. They don't want your charity. They want your investment. Invest today, earn a return, provide them with a livelihood." - Microplace.com homepage. Sounds … [Read the rest]
Chart: Historical Stock Market Comebacks After Crashes
Posted on March 9, 2009 // 12 Comments
Here's another chart to ponder, found as part of an Emergency Physicians Monthly article about investing during recessions. It shows what has happened in the past to the S&P 500 five years after a significant market decline. Or course, you … [Read the rest]
Summary of California’s Upcoming New Tax Hikes
Posted on March 9, 2009 // 56 Comments
A lot of states are struggling these days, including the Golden State. Even though California already had the top marginal personal income tax rate and highest base sales tax rate in the country, they are getting even higher. According to a … [Read the rest]
Hilarious: The Daily Show Makes Fun of CNBC
Posted on March 6, 2009 // 40 Comments
Who's that annoying co-worker a few cubes down who keeps giggling at some stupid video on Friday afternoon? Just go home already, ya jerk! Yeah, that was me, watching this Daily Show clip making fun of financial pr0n channel CNBC. The first … [Read the rest]
The Permanent Portfolio Asset Allocation: Fail-Safe Investing by Harry Browne
Posted on March 6, 2009 // 36 Comments
Another non-mainstream book that I've been reading is Fail-Safe Investing by the late Harry Browne. His conservative investing philosophies appear to have initially been in vogue during the 1980s, a period of high inflation. These days, with … [Read the rest]
March 2009 Financial Status / Net Worth Update
Posted on March 5, 2009 // 30 Comments
Time for another super-happy-fun net worth update... Credit Card Debt For newer readers, don't worry. In the past, I have been taking money from credit cards at 0% APR and immediately placing it into high-yield savings accounts or similar safe … [Read the rest]
Redbox and DVDPlay Promo Coupon Codes
Posted on March 4, 2009 // 8 Comments
If you aren't familiar with them, Redbox and DVDPlay are little DVD rental kiosks that only cost $1 per day to rent. Redbox can be found in many McDonald's, and DVDPlay's tend to be in Safeway grocery stores. Limited selection, but not bad for … [Read the rest]
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