J.C.’s Money Blog

My book review of  Rich Dad Poor Dad was included in this week’s edition of the Carnival of Personal Finance. Here are the other inclusions this week that I enjoyed reading:
 The most original -

Lazy Man from Lazy Man and Money explains how to Hack Your Credit Score. This is a pretty clever way to boost […]

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I have a “kiyosaki is dumb” category on my blog, so I thought it would be prudent to do a book review of his hugely successful book, Rich Dad Poor Dad. I actually read this book the first time about 5 years ago, after it had been recommended to me by two different friends. […]

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Oh man, what a roller coaster ride the financial markets have been. Last week I speculated that the next move by the Fed would be to raise interest rates to fight inflation, since oil is now trading at well over $100 a barrel, commodities have had a huge run, and the Euro hit $1.58. Instead […]

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Quitting your job has adverse effects on your net worth and I have the data to prove it:

Click on the thumbnail for a better view.

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I noticed ING Direct quietly lowered their interest rate on savings accounts once again. About a month ago, I speculated that this would happen, because their rate was higher than the Fed’s discount rate. At 3.1% APY, they are just slightly above the Fed’s rate, so I imagine they will stay at […]

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This completes my three part book review of Wealth without Risk by Charles J. Givens. Here is Part I about personal finance strategies ,and here is Part II about cutting your tax bill.
Part III is about investing, and it starts off very optimistically with Chapter 26,”The secrets of powerful investing”, with three […]

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Once again, I thought SPY couldn’t drop any lower, so I bought 12 more shares to pretty much spend the rest of my cash in my brokerage account. Now I have 112 shares of SPY, and I got the last 12 shares at $133.35 per share on March 3rd. Since then the price has dropped […]

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I upped the ante in my index fund holdings quite a bit in February, buying 33 more shares of SPY. This gave me an even lot at the bargain price of $135.25 per share. In the mean time its an even better bargain, but as of the end of February, here’s how I stood:

Negative […]

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Since I pretty well neglected my web sites in February, my traffic and ad revenue were also way down. In February I only generated $0.10 per day. I haven’t checked the price of Raman noodles, but it seems like a pack of it was the cheapest way you could feed yourself when I was in […]

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February was my first month without a job, and I found lots of ways to fill up my time without generating any revenue, so my net worth has taken quite a hit, due the 1-2 combo of virtually no income and major down stock market.

Account
Jan-08
Feb-08
Monthly Change
Monthly […]

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