If you’re an investor in index funds, like I am, then you probably believe that it’s impossible to beat the market in the long run. You’ve had everyone from bloggers to Warren Buffett tell you the best thing for you is to invest in mutual funds indexed to the market. We do this because we believe the market is unbeatable. This is the belief in the so called “Efficient Market Hypothesis“. Basically we’re saying that stock prices already reflect all available...
Welcome to the Canada Day edition of the Money Hacks Carnival! Being Canada Day, I thought it would be a good idea to include some pictures and facts about our country. I hope you enjoy all these great articles!
On occasions when I discuss interest rates or investments expenses, I get comments saying that rate chasing is not worth it. To show you that rate chasing is worth it, I am going to show you some math. One percent may not seems like much, but given enough time, 1% is much bigger than you imagine...
Applying Stephen Covey's 7 Habits to the area of personal finance - Part I (the habits of independence).
Aside from all the celebrities deaths this week (R.I.P.), the biggest news relevant to personal finance this week was the Cash for Clunkers Bill. The Bill entitles you to a $3,500 or $4,500 credit for trading a drivable car made within the last 25 years, with a combined city/highway fuel economy rating of 18 mpg or less to a new higher fuel efficiency car. If the mileage improvement is 4 mpg or better, you’ll get $3,500. If your improvement is 10 mpg or better, you’ll get $4,500.
Ph...
While the clunker bill could benefit some, it doesn't seem like it will benefit very many people...
These are seven different budgeting worksheets that will help you keep your budget in shape!
The 210th Carnival of Personal Finance, hosted by Suburban Dollar. This weeks theme honors the great NES Game Mike Tyson's Punchout.
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