Michael on September 30th, 2008
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You: You’re in the WSJ Sunday, but you wait until today to tell me?  Why did you wait so long?
Well, with the Internet it’s not like the article went anywhere – you can still view it.  Besides, the content of the article is timeless.
You: What’s it about?
Not willing to click on that link yet, [...]

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Michael on September 29th, 2008
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Human nature is amusing sometimes.
You: Don’t you mean “amazing?”
Not this time.  Whether it be the health and safety of an individual or the foreign affairs or financial stature of a global superpower, it always seems to take a crisis for people to really start to care enough to put aside their differences in order to [...]

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Michael on September 26th, 2008
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I’m still shaking my head at this one.  In the September issue of Money Magazine, Lauren Willis argues Why you can’t teach money.
You: Who’s Lauren Willis? I never heard of her.
I hadn’t either. She’s a law professor at Loyola Law School in LA.  In the article, she maintains, among other things:
Sellers of financial products spend [...]

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This article is about the initial first-time home buyer tax credit.  It’s an important read if you bought your first home in 2008.  If you purchased your home during 2009, read about the 2009 First Time Home Buyer Tax Credit.
If you haven’t purchased your home yet, be sure to read about The new, enhanced, [...]

Continue reading about First Time Homebuyer Tax Credit: When a credit isn’t a credit but it’s still free money

Michael on September 22nd, 2008
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What a crazy week it was in the market.  Yet, as you’ve no doubt heard, the Dow Jones wound up down less than a percentage point last week.  Yet with the extreme volatility, there was plenty of pain inflicted along the way.
Personally, I made no trades last week. None.  But trading volume was at records.  [...]

Continue reading about From the markets to credit reports

Michael on September 19th, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
I just received a significant raise and now I can afford to save more.  I already max out my 401(k) and a friend of mine said [...]

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Michael on September 17th, 2008
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The market?
You: No, the Yankees. Of course the market!
Calm down.
You: Are you calm?
Actually, yes.  I got pretty upset by a certain football game last weekend, but otherwise, yes, I’m calm.
You: Is this your whole “long-term perspective” thing?
Absolutely.  Assuming you’re not holding crap investments that are poor –
You: But how do I know if my [...]

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Michael on September 15th, 2008
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You:  The airlines?
You:  The passengers?
You’re kidding, right?
You:  The bartenders?
Bingo!  My 8:50 PM scheduled flight departure Friday evening had an actual “wheels up” time of 12:55 AM.  That’s a pretty long delay, even in my extensive travel history.  But the good news was that I wasn’t stuck on the plane the whole time.
You: How did you [...]

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Michael on September 12th, 2008
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It’s been a very busy week traveling the country teaching Life Lessons of Personal Finance.  Just now, I just had the opportunity to read this week’s Carnival of Personal Finance which, as always, has lots of fun postings.  While it was great to see that the host, BankerGirl, loved my analogy between football and savings, [...]

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Michael on September 10th, 2008
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I just read an interesting article in Fortune Magazine by Geoff Colvin.
You: How interesting was it?
It was so interesting that I would even link to it . . . if I could.
You: You can’t?
You: Why not?
I found the table of contents to the magazine online, but with no links to the actual articles.
You: Why would [...]

Continue reading about Where will the next bubble come from?