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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Published by golbguru August 30th, 2007
in personal finance and 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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Published by golbguru August 29th, 2007
in personal finance, money and personal.
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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Published by golbguru August 28th, 2007
in investment, personal finance and musings.
… 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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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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