Every Gen Yer knows that there’s been a steady increase in the cost of college tuition in recent years. This tuition inflation is one of the greatest threats to the financial security of our generation. Instead of graduating college with a degree and a clean financial slate students are being saddled with thousands of dollars [...]
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I checked my brokerage account this morning and saw that my quarterly dividends from Philip Morris, Heinz and Diageo hit my account in the past week. To me there’s something great about receiving dividends… I think it’s the fact that I didn’t have to work for any of this money that makes it so special. Also, [...] I stumbled upon this tool on CNN.com that allows you to enter personal finance information about yourself and then proceeds to give you a grade on how you’re doing. It covers categories like emergency savings, retirement savings, debt and housing payments. Overall it’s a pretty good tool but it does have a few problems. First [...] In general, about 90% of the guests appearing on CNBC are relatively worthless. There are some exceptions though. PIMCO’s Bill Gross is probably one of the smartest investors on the planet and it pays to listen carefully to what he says. Here’s his most recent interview where he gives insight into the economy and what [...] I found a cool article that highlights how President Obama’s tax plan will affect everyone based on their incomes and filing status. It doesn’t cover all the possible income / family situations but you should be able to get a rough estimate by looking at it. Here’s a look at how the plan impacts two [...] |
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The Banker Who Got It Right
This piece from Forbes is one of the best I’ve read in a while. It tells the story of Andy Beal, a Texas banker who foresaw the credit bubble and started raising cash in the years prior to the crash. Now Beal is ramping up operations and is buying up distressed debt. Isn’t capitalism great?
What’s [...]