Welcome to the Financial Hard Truth – Can You Handle it?
Welcome readers. Are you new here? Click my face to learn more about this site ....
Selecting an Ideal Beginner Investment
What is the best first investment for the beginner? This baby knows. Read on and I will explain.
Frugal Living – Have I Seen the Light?
A frugal experience sheds light on the bigger financial picture. Click the sunrise to read this post explaining it all ......
Obama Wipes the Noses of Crybaby Consumers
Are you fed up with crybaby consumers and their credit card problems? I am. Click the sign to read today's rant.......
So Why are Economists Behind the Wheel?
The economy is wobbling down the road. I'm not 100% sure we have the right folks behind the wheel. Others seem to agree. Click the curve to read more....
Stimulus Plan Saves the States – from What?
Is the stimulus plan saving Americans from the tax and spend monster? Click the Godzilla to read the answer....
Money and Behavior
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...
Do Bored Economics Professors Deserve Tenure?The U.S. has too many unprepared and unmotivated students attending too many lousy...
Thank-You Tea Party for our Damaged Retirement AccountsMr. ToughMoneyLove is as fiscally conservative as most but I am also pragmatic. The...
Money Advice for Parents of Kids who are Grad School WannabeesSome baby boomers have completed the task of helping their kids through college....
Read More Posts From This CategoryEconomics
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....
Deficit Panel Targets YouYou may have forgotten that there is a federal “fiscal commission” working...
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 →
Read More Posts From This Category
