Money and Behavior
Transforming a Mortgage Deadbeat is Harder than You ThinkI have “mortgage modification” fatigue. More specifically, I am tired...
The Sad Decline in Personal Net WorthThe Federal Reserve does at least one thing well: Finding economic bad news and sharing...
Police Repel Moronic Sneaker BuyersIt is hard to decide which is more stupid – paying north of $200 for sneakers...
Black Friday Sanity v. Consumer CrazinessAn entire mini-industry has been constructed around Black Friday, our newest national...
Is Consumer Stupidity Incurable?I saw this headline and had to comment: Banks continue to rake in huge amounts in...
Read More Posts From This CategoryEconomics
Obama Gets an “F” in Tuition EconomicsThe vote buying season is in full bloom, manifested by President Obama’s speech...
Obama Buying Votes instead of Prosecuting FraudA sinking President Obama is trying to buy votes from those who are already underwater....
Pushing MBA’s Out of the Driver’s SeatLong-time readers know that Mr. ToughMoneyLove is not a fan of MBA programs and,...
The Relative Decline of the Western EconomiesMany of us have a sense and concern that China (and even India) are on a path to...
Can You Hold Your Financial Breath for Two Days?Today and tomorrow are set up to be quite tumultuous for the world of personal finance....
Read More Posts From This CategoryInvesting
Visualizing a Lost DecadeWould you like to see an ugly picture of long term investing in the last decade? Read on. [Read more of this post] Read More →
Is a Crash Coming?I can’t add much to a recent article from the Wall Street Journal. It contains a list of ten reasons why the market may due for another a big drop. They are reasons based on logic, not hysteria. [Read more of this post] Read More →
Re-thinking Asset Allocation and CorrelationA bedrock principle of asset allocation for the long term investor is asset correlation. The theory is that a properly allocated portfolio includes investments in different asset categories or classes that are non-correlated. This means that as general market and economic conditions change, the different asset classes won’t experience a lockstep... [Read more of this post]
Bank of America Withdrawal and Investment SimplificationYesterday and today I continued the process of disengaging from our relationship with Bank of America. [Read more of this post] Read More →
Anticipating a Second Market CollapseThe doomsday investors and prognosticators are out in full force. They are predicting another collapse of the markets. I am concerned, of course, as I am in the retirement home stretch. There are plenty of theories for why we should expect more bad news. [Read more of this post] Read More →
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