Comments for Personal Finance Roundup

Personal Finance Roundup

2009-04-09T21:00:00Z

10 Things To Buy Before The Economy Improves [Forbes] "For a host of goods and services, the sale of the century (literally) is still on."
Are you skimping too much? [MSN Money] "Smart money management isn't about saving every dollar possible and deferring all gratification, even in a recession. It's about striking a balance between today and tomorrow."
6 Solid Online Resources to Help You Find a Job [Wise Bread] "Here are my favorite 6 online resources designed to help you find a job."
How to find college scholarships [CNN Money] "How to access funding for higher education."
7 Misconceptions About the Stimulus [Kiplinger] "There are a lot of misconceptions about the [economic stimulus plan. Here's the lowdown."
— FREE MONEY FINANCE (Photo: frankieleon)

Comment from wdcr0ck on 2009-04-10

2009-04-10T17:09:00Z

Good ole Forbes with their *TEN* individual pages of content. No thanks.

Comment from Dansc29625 on 2009-04-10

2009-04-10T08:13:53Z

Worthless list.

Comment from dangermike on 2009-04-10

2009-04-10T05:03:16Z

@dangermike: sorry, I had an ADD moment there. to complete my hypothitical, if that's a 6 year loan and we see -1%, -1%, 4%, 6%, 8%, then 10%, by that last year, it would be like making a payment on 12,000 loan today.

Comment from dangermike on 2009-04-09

2009-04-10T04:59:41Z

@SergioDingo: With good reason, too. As we come out of this in another 3-4 years, inflation is going to skyrocket. You actually want to accumulate debt in the down times and pay them off in the up times. I realize that this sentiment will be looked upon with prejudice by most readers here, but bear me out. Suppose you take out a $15000 car loan today. First, rates are low to attract business in a tough market. Discounts abound and interest rates are low to attract business, and it would be reasonable to expect that policies like TARP and TARF and PPIP will result in massive inflation as the credit market thaws. In other words, you'll be paying that debt back with dollars that take less time and effort to earn.

Comment from MostlyHarmless on 2009-04-09

2009-04-10T02:13:45Z

@HurtsSoGood: I have this thing called an "ING Direct Savings Account" Outperformed S&P 500 by 42% and another thing called "Credit Rewards Program" which earned me 200 bucks last year, without paying any fees.

Beats your method comfortably while feeling better about it all the time.

Comment from pecan 3.14159265 on 2009-04-09

2009-04-09T22:26:52Z

There are plenty of things that are a great deal, if you are in the market for those things. I don't see how a poor economy should change the basic rule of "would I have purchased this otherwise?"

Comment from masterasia on 2009-04-09

2009-04-09T21:47:20Z

You should only spend if you have the money. No more racking up the credit cards. That's how we got in this position in the first place.

Comment from HurtsSoGood on 2009-04-09

2009-04-09T21:41:09Z

I've been investing in the MattressFund (TM). It's outperformed the S&P 500 by 40% over the last year.

Comment from SergioDingo on 2009-04-09

2009-04-09T21:33:18Z

I notice that "A savings account" Is nowhere on this list.