“There’s quicksand all around us,” says 87-year old veteran investment advisor Charles Allmon. “We’re in an economy that’s tanking, we’re looking at the most significant economic downturn since the 1930s, and the dollar is going to hell.”
New Threat: The ‘Obama’ Market
The Sun
June 30, 2008
Mr. Allmon has been in the stock market for over fifty years […]
A financial update. Oh baby, how far we’ve come
While rummaging through some older posts here on Broke-Ass, I stumbled across a lot of stuff I’d forgotten about. A post from last year showed how I’d gone from $0 in savings in January 2007 to $1,000 in savings four months later (see Surviving Paycheck to Paycheck? You Can […]
In The Current Turbulent Economy and Financial Sectors, What Gives?
I’ve become somewhat of a CNBC junkie lately, which has resulted in some pretty bizarre sleeping patterns. It’s not unusual to catch me propped up on my pillows at 4am, munching on some Cheerios and sneaking in an hour or two of ”Worldwide Exchange”. Month after month I’ve held my breath and […]
Lillian Snow makes her debut
Early this morning, an itty bitty pink ball of mucous was lifted from her sheltered pod and let out an enormous squall. Lillian Snow scrunched open her eyes for the first time, as an exhausted Daddy stared in disbelief at his new glistening daughter.
After more than 18 hours of arduous labor, […]
A Great Start to April!
I was thrilled to discover yesterday that I’ve reached one of my first financial goals earlier than expected (see My 2007 Goals for Financial Prosperity.) Thanks to diligently socking away between 10-15% of my paycheck and through receiving a portion of my tax refund, I’ve finally managed to accumulate a nifty safety […]
Here are current rates of some online savings accounts, as of February 24, 2007.
iGObanking 5.30% APY ($1 to open, no minimum, no fees, FDIC insured, compounded daily)
Grandyielddirect 5.27% APY ($1 to open, no minimum fees, FDIC insured, compounded daily)
E*Trade 5.05% APY ($1 to open, no minimum, no fees, FDIC insured, compounded daily)
EmigrantDirect 5.05% APY ($1 […]
Strategic Planning and Foresight Can Go A Long Way
Although I’m currently burdened with car and student loans, this year I’ve decided to juggle my income between paying off my debts, saving for myself and investing toward the future. Therefore my financial goals for 2007 are to establish a small emergency savings and begin funding a […]
Here are current rates of some online savings accounts, as of January 23, 2007.
iGObanking 5.30% APY ($1 to open, no minimum, no fees, FDIC insured, compounded daily)
Grandyielddirect 5.27% APY ($1 to open, no minimum fees, FDIC insured, compounded daily)
E*Trade 5.05% APY ($1 to open, no minimum, no fees, FDIC insured, compounded daily)
EmigrantDirect […]
Acquiring Wealth
I dug up a wonderfully informative but compact two-page article about beginner wealth from young Joshua Kennon over at About.com. I regularly devour anything on financing I can get my little paws on, and this was a delectable read.
To learn how to accumulate wealth by shifting mentality and through careful strategic maneuvers, take a […]
Small progressions yield hefty results
A new year descends upon us with a fresh and invigorating beginning, and we all know we keep meaning to do better with our finances. It’s one of those things which constantly seem to be placed on the backburner as life continually whisks us from one unforeseen circumstance to another.
Thus we […]
