personal finance
Kiplinger has two quizzes named "
Financial Truth or Bunk?", and they go through some of the more popular tips you've heard about personal finance, including lines like:
- You can't lose money investing in bonds.
- Stay-at-home moms or dads need life insurance, too.
- Don't buy a red car — it'll cost more to insure.
- Dollar-cost averaging boosts investment returns.
- The percentage of stock in your portfolio should equal 100 minus your age.
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drinking water
If you weren't one of the 41 million Americans drinking water contaminated with sex hormones and pharmaceutical waste, welcome to the club! Testing prompted by the
AP's damning investigation has revealed that another five million people, including residents of Reno, Colorado Springs, and Chicago, now sip the potentially dangerous pharmaceutical soup.
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product testing
We want to commend
hhole for electing himself or herself guinea pig on this morning's
coffee grounds post. Apparently, hhole immediately started rubbing coffee grounds all over his or her body in order to see if it really would work as a facial scrub/hair shiner. (Of course, this only makes us want to come up with some imaginary "use" for, say, kitty litter or corn meal to see whether hhole takes the bait.) Read this intrepid commenter's first person report below.
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computer repairs
A Denver TV crew unseated a RAM chip and then
took it to seven different repair centers for a diagnosis. The resulting displays of incompetence were pretty evenly distributed, with two Best Buy Geek Squads, one Circuit City Firedog, and one locally owned repair center (CTI) all failing miserably ("It's the motherboard!" they each said). Of the three locations that correctly diagnosed and fixed the problem, Action Computers charged $50, Geek Squad charged $30, and the Firedog tech who hands-down won the challenge "reinstalled the memory cards in less than two minutes, free of charge."
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trial periods
Jason bought a couple of new Sidekick phones, but quickly discovered that he and his wife couldn't live with the abysmal battery life. He called T-Mobile and found out that he had a 14-day window during which he could return the phones for a full refund. Before he sent them back in, however, T-Mobile offered to send him two more batteries via expedited shipping to see if the experience would improve. Jason agreed and tested the new batteries, but still wanted to return the phone. But now he had a problem: he was one day outside his "Buyer's Remorse" period and T-Mobile wouldn't let him.
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hidden fees
An anonymous AT&T employee who says to call him "Vernon" wrote in to tell us that starting next Tuesday, March 11th, some customers in the Southeast who call in to make a payment will be charged $5, with the fee going nationwide by May. He writes, "I feel this is taking advantage of our customers' trust, because even when we put it on all of their bills, and let people know, there will be tons of reps that won't let the customer know they're being charged for taking their payment."
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products
Consumer Reports noticed, as so many of us have, that stainless steel is awesome until you have to clean it. With that in mind, they've tested a bunch of stainless steel cleaners and found that they all work just about the same.
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minivans
Minivan bumpers may not protect much, but they sure do
cost a lot to repair, according to the Insurance Institute For Highway Safety. The IIHS smashed six minivans to test their bumpers and found that all racked up repair bills exceeding $5,000. The Nissan Quest was singled out as a "miserable failure," costing $8,000 to patch-up.
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product testing
Consumer Reports
tested 40 air purifiers by locking them in a closed room and filling it with smoke and dust—in other words, they recreated this writer's childhood Christmases when Granny would visit with her angry poodle. Here are Consumer Reports' selection of the best and worst devices.
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