Archive for June, 2009

Wednesday, June 10th, 2009

Damn You Nintendo And Your Power Adapters!

We have 2 original DS, three DS Lites, and one DSi game consoles at our home and they all have different power adapters!  Why?  I’m getting really sick of companies destroying the environment with these accessories shenanigans.   I’m sure the marketing bean counters at the companies come up with all sorts of numbers that show [...]

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Tuesday, June 9th, 2009

Resetting Goals For Yourself

My son recently has his birthday and one of the things I made him do this year was right a list of 10 things he wanted to accomplish over the next 10 years.  Since it’s a personal list of his I won’t share it with everyone here but I frequently make such lists and it’s [...]

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Monday, June 8th, 2009

Abandoning Cobra After Unemployment

If you were just laid off would you carry Cobra health insurance? That’s the discussion with a friend I had recently and he’s been paying $1000/month for Cobra health insurance. I told him I thought he was throwing money down the toilet with Cobra and I gave him my rationale: If a catastrophic event occurred [...]

1 Comment » - Posted in Money Management by

Friday, June 5th, 2009

Baby Boomers And The Alternate Universe

I’ve been thinking about those 78 million baby boomers again but this time I’ve been playing a thought game about how the world would be different if these boomers, instead of being broke and poorly prepared for retirement, had prudently saved and were now all millionaires. Let us posit that each boomer has a retirement [...]

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Wednesday, June 3rd, 2009

Earth 2100 – The End of The World!

Last night I caught ABC’s Earth 2100 which showcased ethnic cleansing, pandemics, famines, and other mayhem but what was the point, we’ve had each of those scenarios play out over and over again the last 10,000 years.   Didn’t the Mayan empire disappear?   Didn’t the Bubonic plague wipe out millions?  Didn’t Hitler, Stalin, and Mao slaughter [...]

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Tuesday, June 2nd, 2009

My ARM Adjusted, Mortgage Payment Dropped from $1k to $600

Wow!  I just got my new statement now that my ARM mortgage adjusted and I’ve gone from a $1000/month payment on my remaining mortgage to just $600 per month.   As you recall, I stuffed 50k last year under my “mattress” (i.e. home) to pay down half of the remaining mortgage on my home because I [...]

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Monday, June 1st, 2009

Federal Reserve Puzzled By Yield Curve?

This is just as ridiculous as “the credit crisis is well-contained” spoken by Bernanke in 2007.  There is no puzzle here, the Fed and US Treasury have been playing with monopoly money and printing trillions of imaginary “money” to pay the bills and it’s no wonder that China, Japan and the rest of the world [...]

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