Update: Congress did not pass the bailout.. More details to follow. The $700 billion bailout plan designed to buy toxic mortgage securities has been finalized by the lawmakers and the bush administration over the weekend. Now that the only hurdle remains a vote on congress, it seems to likely pass. Here are some of the […]
I remember when we were looking at a house about 18 months ago, the real estate agent would show us a house that is $500k, then one at $550k and another at $600k. On the seller’s perspective, this is called up-sell (which I’ve covered before here). This time around, let’s talk about the consumer’s (our) […]
As I get ready to become a full time blogger, I’m finding more and more accounts and potential gotchas that I need to take care of before it’s too late. I’ve hence come up with a checklist to remind myself to find a solution to everything still outstanding so my finances won’t be affected unexpectedly. […]
I recently experienced a “first” while I was in Las Vegas over the weekend. No it’s probably not what you are thinking since what I’m referring to is cooking while my wife and I are on a trip together. I never thought it was possible but the dinner actually turned out great. We had delicious […]
I accidentally overheard my coworker’s decision to sell her house as she doesn’t think that she could afford living there anymore. With the recent financial crisis and certain stocks basically going to zero, there are many people who lost a fortune (like this guy who lost $6 million because of Lehman Brothers). Luckily, she still […]
With all the headlines about the crisis in our financial system, it is very easy to become consumed and worry about our wealth. After all, what else are we supposed to think about when our stock holdings are tumbling in front of us? Then in the middle of reading about all the financial articles, a […]
