Minding My Own Business

If you haven’t heard by now, the Federal Government closed down IndyMac Bank late last week.  Most (dare I say all?) banks and credit unions insure depositors up to $100K with either the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA) and IndyMac was no exception.  Regardless of my confidence, [...]

From the Halls of Montezuma,
To the Shores of Tripoli;
We fight our country’s battles
In the air, on land, and sea;
First to fight for right and freedom
And to keep our honor clean;
We are proud to claim the title
Of UNITED STATES MARINES.
Now that every US Marine presently surfing the internet is standing at attention, I’d like to draw [...]

One of my goals for 2008 is to purchase my first investment property.  I view real estate investment (REI) as one way to help me break free from my traditional methods of saving (401K, IRA’s etc.) and establish a retirement worth having.  The more I dwell on my life’s purpose and what I want and [...]

I came across a question on NetworthIQ that asked about people’s experiences with investment advisers.  This individual has been paying a former colleague to manage his investments but is not happy with the results.  In one account he’s lost 15% over the last two years and in another he’s basically at break even over four [...]

On May 9th, 2008 my stimulus check arrived, right on time, just as forecast.  There was no fan fare, there was no congratulations.  Just the quiet whir of my computer’s fan.  There it was, staring at me in my money market account, $1800 that wasn’t there the morning before.  Should I tell the money spender?  [...]