Financial analysts are sounding the alarm that the housing industry is beginning to resemble all of the well known problems that started the Great Depression. The overall ability of cheap loans a few years ago led many consumers to get loans they could not afford and now that many are slated to switch to an ...

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March 9, 2009 was a bad day to retire. On that day, the Dow Jones Industrial Average hit its bottom of 6,547, a low not seen since 1997. If you followed mass-market retirement investing advice, you may have entered retirement with a portfolio 100% invested in a stock market index, like the S&P 500, whose ...

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I’ve gotten to the part in The Snowball that involves Charlie Munger. A very interesting person, although probably not someone I’d like to have a beer with (I’d feel stupid), he is probably best known as Buffett’s long-time friend, business partner, and vice-Chairman of Berkshire Hathaway. Even before meeting Warren ...

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I’ve often written here about the disappointing lack of financial education in schools, and it’s this same dearth of vital information that has apparently led to a new special airing on ABC this Friday: Schools teach us almost everything, but not “Money 101.” For the basics on finance, turn to UN-BROKE: What You Need to Know ...

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Too much “Self-Talk” is unhealthy When people are approved for short term loans, they feel wonderful. It also feels wonderful to go somewhere secluded, where you’re alone and can reflect to yourself. It’s an amazing feeling to be able to think properly, without all the access noise floating around in your head. This access noise is ...

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