Home Prices Prices 50% Off 0
The country-wide housing price declines don’t begin to capture the magnitude of the saddest stories where people bought houses last year for twice what builders are now selling them for.
Et Tu Cramer? 0
Even Cramer is now saying, “Trying to game short-term movements in stocks [is] almost impossible”.
Hell is getting chilly for sure…
What’s Your EROI? 1
Four Pillars on the Entertainment Return on Investment (EROI):
Say I go see a 2 hour movie and I pay $12. My “EROI” is 0.17 (2 hours/$12). You watch an hour of TV each day, and cable costs you $50 / month, your EROI is 0.6 (30 hours / $50). So if someone was trying to save money, and enjoyed both watching TV and seeing movies, they’d probably be better off keeping the cable and stop going to movies for a while (even though cable costs far more then a movie ticket).
Are Lesbians Better Money Managers? 0
A very intereting analysis of Suze Orman’s advice over the years from the lesbian angle at Queer Cents:
In lesbian culture, there’s no currency in being sexually virtuous. No one cares if you have slept with “X” number of women before you sleep with them— not because they’re so open-minded, but because there’s no economic basis. There’s no “finding out whose baby this is.”
Lesbian sexuality is not designed to answer any notion of virtue; it doesn’t answer a patriarch’s need. This is why Suze Orman is incredulous that straight women keep getting taken to the cleaners financially— she is oblivious to the “call of virtue,” not matter how many New Age platitudes she espouses.
The Mortgage Crisis - So Sad It’s Funny 0
Sad, but funny too. Iowa Hawk:
“Adjustable rate mortgage, A-R-M,” he says. “After the first 6 months, it adjusts up to the prevailing interest rate. You should have realized that, because it’s all there in your contract.”Who am I, fucking Oliver Wendell Smallprint? I thought ARM meant “always ready money.” I told the dude there’s no way I could pay.
Why You Should Forget About It 0
Some Good Investing Advice: “If you can have the discipline to invest in a safe fund and it ignore it for years and years, you will be a success at investing.”
What’s Your Money Meaning in 2008? 0
Simple Dollar says it best:
Maybe, this coming year, we can put off upgrading that car and instead hold onto it for a little while longer. Maybe we can cut back on our cable bills a little, or maybe even a lot. Maybe we can go through that closet in the basement and sell some of that stuff that, quite honestly, we’ll never use again. Maybe, when we’re standing in the checkout lane about to buy something we really don’t need, we can take another look at it and put it back on the shelf.
Man Fakes Death to Avoid Debt 0
Debt can make people do some crazy things….. From Yahoo:
Anne Darwin described how her husband, John, had avoided discovery by using a small passage to an apartment in an adjoining house owned by the couple.
John Darwin was arrested on suspicion of fraud after he sensationally reappeared and walked into a police station claiming amnesia.