From the category archives:

Rants

Should You Listen to Dave Ramsey, Suze Orman, David Bach and Robert Kiyosaki?

January 10, 2013

In this Yahoo Finance interview, author Helaine Olen of Pound Foolish: Exposing the Dark Side of the Personal Financial Industry attacks the big names in the personal finance mass media such as Dave Ramsey, Suze Orman, David Back and Robert Kiyosaki. I haven’t read Olen’s book. However, her books seems to be the talk of [...]

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Inside Job – the collapse of 2008

July 9, 2012

Just wanted to send a link to the full video of Inside Job, a movie describing the collapse of 2008 and how the bankers hijacked the economy. Enjoy, but watch it with a glass of wine or valium. Otherwise, your blood will boil. H/T The Big Picture Be Sociable, Share! Tweet

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Congress Wants Financial Planning to Become More Expensive and Less Objective

May 30, 2012

Below is a letter created by the National Association of Personal Financial Advisors (NAPFA), the organization of fee-only planners of which I am a member. This is a critical issue for financial planning. To get a quick understanding of the current situation, we have two worlds of financial planning right now. The first world comes [...]

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Finally, the Tide May Be Turning Against Corporate Boards

April 24, 2012

Here is a good article about how shareholders may be waking up to put some heat on corporate boards. Most corporate boards are comprised of CEOs and ex-government hacks looking for an easy way to make another $100K a year without doing any real work or having any responsibility. I still believe that lawsuits against [...]

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Rewarded for Failure

July 3, 2011

How many of you could totally screw up at your job and not feel any pain or punishment? If you aren’t a corporate CEO, you probably can’t. Here is an article profiling a few corporate execs who jumped the shark at their previous firms only to latch onto high paying exec jobs at other companies. [...]

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Taibbi Hammers the Vampire Squid

May 14, 2011

I finally got around to reading the latest piece from Matt Tiabbi where he goes on the offensive against Goldman Sachs. The Rolling Stone article “The People vs. Goldman Sachs” It is a long read, but well worth the time. While I believe there should be bankers heading to prison (over 1,000 were convicted during [...]

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The Real Lessons of Egypt for America

February 12, 2011

As the celebrations continue in Egypt after President/dictator Hosni Mubarak fled the nation, we need to examine the real lessons behind the revolution. The mainstream media portrays this strictly as fight for freedom. The press isn’t reporting on the real reason for the uprising: economics. Egypt has been under Mubarak’s rule since he claimed power [...]

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Great Advice from a Legend

February 1, 2011

I know this is a finance blog, but I was saddened to hear of Jack LaLanne’s death recently. He was an amazing man, and he motivates me to push myself physically even though I am past 40 years of age. I saw this article on Esquire with some quotes. Here are my favorites If man [...]

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Five Quick Ways to Bankruptcy

September 29, 2010

I saw an interesting article in Yahoo Finance about the Five Quickest Ways to Bankruptcy. The five were: 1. Doing the Plastic Shuffle 2. Assuming Insurance will cover medical bills 3. Taking out advances on your paycheck 4. Keeping up with the Joneses 5. Overestimating the Value of an Expensive Degree All of these are [...]

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Fiduciary Standard Comes to Boiling Point

August 17, 2010

The Securities and Exchange Commission (SEC) is attempting to develop standards for both registered investment advisors and brokers. Currently, most consumers don’t know the difference between a broker at a big wirehouse and a financial planner. They both deal with financial issues so they are seen as the same. This ignorance is damning to the [...]

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