01 December 2010
A metaphor I’ve heard of several times when I’ve written about the subject of debt reduction is the comparison of being in debt to slavery. In a sense, I can see where they are coming from, but all in all, I can’t see why some people take this comparison to extremes. I even stumbled upon [...]
Posted in Debt Management0 Comments
25 November 2010
A man much wiser than me, a man worldly wise in the way of stocks and mutual funds, one happened to say that business schools look for and reward complexity over simplicity and that he disapproved of such behavior. In many ways, I agree with Warren Buffett’s thinking over there. The most fundamental investing idea [...]
Posted in Investment0 Comments
23 November 2010
Picture this situation. You’re walking down the street and no one else is anywhere near in sight for miles (highly unlikely in today’s overcrowded cities, but bear with me on this one). It’s a beautiful, peaceful day. The sun is shining bright, the skies are bluer than ever and the grass seems just that bit [...]
Posted in Money, Saving0 Comments
23 November 2010
If you have too many debts to pay off and you want to get rid of them as soon as possible, take out debt consolidation loans. Banks may help you consolidate your debts into one loan. With the help of a consolidation loan all your multiple debts are consolidated into one. Thus, debt consolidation loans [...]
Posted in Debt Management0 Comments
18 November 2010
Do you remember when you were a child and you played a game called Chinese whispers? Very often, the phrase or word that was passed down by someone was completely different from that which was originally said. Obviously, this has some hilarious side effects. And now, as adults, many economists in the Western world are [...]
Posted in Real Estate0 Comments
16 November 2010
Twitter. It’s a two syllable word that’s more than just a two bit word in the world of all things tech. So when Joe Fernandez moved into the same building as one of the most famous of internet start-ups, the internet entrepreneur was doing so while keeping a very simple objective in mind; he believed [...]
Posted in Business0 Comments
11 November 2010
Statistically speaking, air travel these days is much safer than any other form of transport on a pure accident and mortality rate per load of passengers basis. It’s arguably (I’d say most definitely) safer than it has ever been. If you factor in the sheer number of passengers that now pass through airport turnstiles (I [...]
Posted in Business0 Comments
09 November 2010
Economists are looking at the situation that has besieged Europe, namely the European debt crisis, and mulling over whether there is actually a possibility of the European region being hit hard by its financial woes. At least the U.S. has the comfort of a stimulus being implemented, nor a round of quantitative easing to fall [...]
Posted in Economy0 Comments
04 November 2010
Does the Chinese economy matter as much as you think? Perhaps not. Bridging the great wall of China might not be that big of a deal. The townspeople of Alpha in Queensland certainly think so. The town itself, numbering an almighty 400 people, has just one policeman to call upon and a part-time ambulance driver [...]
02 November 2010
In a real sense, the American government has pursued a policy of debt monetization ever since it began efforts of quantitative easing earlier last year. The Federal Reserve was buying up government debt with cash that had freshly rolled off the printing presses, but the U.S. is loath to dub its efforts as debt monetization. [...]
Posted in Debt Management0 Comments
01 November 2010
As the immense and intimidating machinery of the foreclosure systems begin to start churning and rolling back into place, there are scores of homeowners all across America looking to sell their houses even for a loss as the prospect of foreclosed homes looms large once again. The Bank of America and GMAC are once again [...]
Posted in Mortgage0 Comments
26 October 2010
The International Monetary Fund (IMF) has reached upon a landmark agreement that will see membership being allowed to emerging economies that are powering the growth of the world economy. This represents better the growing shift of power from the west to the east as the western world struggles to post the kind of numbers that [...]
Posted in Banking0 Comments
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