Archive for 'Saving & Investing'

The Dangers of Automated Trading Orders

The Dangers of Automated Trading Orders

Posted on 07. May, 2010 by .

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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 […]

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How Much Time Should You Spend On Your Finances?

How Much Time Should You Spend On Your Finances?

Posted on 06. Sep, 2009 by .

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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 […]

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Beanie Babies and Economic Bubbles

Beanie Babies and Economic Bubbles

Posted on 26. Aug, 2009 by .

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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 […]

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Too good to be True

Posted on 26. Jan, 2009 by .

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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 […]

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Buy More Stock

Posted on 08. Dec, 2008 by .

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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.  I’m not sure I’d got the debt route (maybe it’s a deep psychological issue from my childhood), but buying stock would be at the top of my list of […]

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