Archive for 'Saving & Investing'
Posted on 07. May, 2010 by Jason Guthrie.
You’ve no doubt heard about the harrowing ride investors took yesterday as the Dow took a 1,010 point nosedive and then recovered to close just 347 points down for the day. While there was no root cause of the dive, the riots in Greece following the Greek government’s approval of its portion of the European […]
Posted on 06. Sep, 2009 by Jason Guthrie.
There’s a concept in finance called “cost-benefit analysis” which involves calculating whether an item’s cost outweighs its benefit. For example, I spent 8 hours yesterday cleaning the apartment I just vacated. If I had bothered to perform a cost-benefit analysis, I would have asked myself whether or not the cost (8 hours of my time […]
Posted on 26. Aug, 2009 by richbond.
Karen Blumenthal wrote an interesting article in the Wall Street Journal August 25, 2009 entitled “How I Got Burned by Beanie Babies“. She relates her experience in the Beanie Baby hype to recent bubbles we’ve experienced. The article is not ground-breaking, but it deals with a lesson that never seems to sink in. The article […]
Posted on 26. Jan, 2009 by richbond.
My wife is an amatuer photographer. About 2 and a half years ago we splurged and bought her a nice Canon camera, which ran in the $1000 range. It’s not top of the line, but certainly not cheap. She absolutley loves the camera and we have a massive number of pictures of me and the […]
Posted on 08. Dec, 2008 by richbond.
Tim Harford, the Undercover Economist, is putting his two cents in for us young folks to not only buy some stock, but even go into debt for it. Â I’m not sure I’d got the debt route (maybe it’s a deepÂ psychologicalÂ issue from my childhood), but buying stock would be at the top of my list of […]