Archive for August, 2007

The Worst Credit Card I Have Ever Seen

I often wonder about the irony of subprime lending - whether it’s made available through mortgage or through credit cards or through any other source of credit. I mean, people with bad credit are the very people who should be staying away from subprime borrowing. These people are already in the subprime category […]

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Extended Warranties, Envelope Cash Video, And Alcoholism: Money Blogs Roundup

I intended to publish this earlier, but simply forgot about it (.. yeah, just forgot). So, I am just going to stick with the “midweek” in the title and you can assume that I published this on Wednesday.

Upgrading My Living Room Entertainment, Part 2: Extended Warranty by Flexo @ Consumerism Commentary. Flexo […]

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What Are Your Money Leaks?

Earlier on this blog, I have actively supported the concept of assigning higher priorities to bigger expenses in your life to improve your financial situation. However, every now and then, it helps to look at the smaller things that might be steadily leaking money from your wallet.
Occasional indulgences are perfectly fine, but if you […]

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If The Market Is Scaring You Now …

… Then you probably have been through more than a dozen panic attacks and at least one major heart attack within the last 10 years.
Here is why. Look at how the S&P 500 index (SPY Exchange Traded Fund) has performed during the last 10 years:

It certainly doesn’t look like a place to […]

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No More Free Money - Pulling The Plug On Credit Card Arbitrage

After a year long run with 0% APR credit card arbitrages, it looks like it’s time to pull the plug.
The sole reason for ending this free money run is the lack of *good* 0% APR offers to continue transferring the existing balances. Most credit card companies now impose balance transfer fees at about 3% […]

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