Archive for March, 2010
Monthly Archive
Wednesday, March 3rd, 2010
March 6, 2000 – The Lost Decade Anniversary of the Nasdaq Bubble
I’m taking a trip down nostalgia lane….Do you remember March 6, 2000? That was the day the Nasdaq peaked (a.k.a The Dot Com Bubble) at 5,048 and the sky was the limit. Many investors, speculators and the public heralded as “the new economy” where exponentially growing and astronomical P/E ratios were perfectly justified and rationalized [...]
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Tuesday, March 2nd, 2010
Got My Vehicle’s Title Already – Trading Secured Debt for Unsecured Debt
Suckers! I traded in some secured debt (i.e. my car loan secured by my car) and did a balance transfer over to my new best friend credit union credit card! As a result the loan is considered “paid off” and the lien holder sent me the clear and free title to my new car. So [...]