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Posted in Finance on Aug 25th, 2010
How much money do you need to call yourself rich? Thanks to Obama’s tax proposal, we don’t have to wonder much longer. His plan is to make the Bush tax cuts permanent for everyone except the “rich.” So if you make $200,000 or you’re a couple that makes more than $250,000, congratulations! You’re in the [...]
Posted in Investing, Uncategorized on Aug 20th, 2010
I’ve read a lot of books about investing, and the general assumption that’s made for long-term investors is that the market will return an average of 8% per year. Some people get greedy and punch 10% into their compound-interest calculators, but if you look back far enough at the history of the overall market, you’ll [...]
Posted in Carnivals on Aug 16th, 2010
Welcome to the August 16, 2010 edition of the Carnival of Money Stories! There’s no better way to learn new ways of saving or making money than by hearing how other regular people like ourselves are doing them. Think about it: business schools are obsessed with case studies and lawyers use previous “stories” to cite [...]
