At indeterminate times The Weakonomist will award people, companies, or groups with a Weaky.  Its our version of the Darwin Awards for those that make bad moves with money.  Sadly, most of these people will live to make more mistakes another day. The UAE is an oil rich country that figured out long ago we [...]

Linked at the bottom is an excellent article from The Motley Fool on why during inflationary fear it is the worst time to stop investing.  They call it, “You’re Too Broke to Stop Investing” and Chuck Saletta, the author, is right on. Here’s what he’s talking about.  When times are tough and inflation scares are [...]

Last weekend I was going over my finances and noticed I don’t buy many small items (food excluded).  I’m pretty good at turning down impulse purchases and have set aside money for more expensive purchases (like a video game or new cell phone).  But then again, I’ve always been like this.  With that in mind [...]

I’ll say it, the stock is the single most important investment item in our current society. But what is it? A stock is a note acknowledging the ownership of one share of a company. If I have 1 share of JP Morgan stock, I can easily exchange that on the open market, aka a stock [...]

I’m sick of this old fart. He’s made a career in the post dot-com bubble calling out other pundits for being wrong. This is no way to make a living. He couldn’t cut it in the real world and retreated to the quiet comfort of California to bash everyone else for being wrong. I’m sorry [...]

A good movie to watch this weekend is Wall Street (1987). I just watched in this morning and was amazed. If you can get past the 1980s cliches everywhere its an instant classic. If you aren’t interested in movies or Wall Street, check out gasbuddy.com. Find cheap gas in your area. You might only save [...]

First of all, before you read this post you must read the 4 that came before. As the regular readers know, there’s no point in talking about global warming on this site unless we talk about money too. Yesterday I established my stance on the issue, stating our impact on the environment has been minimal. [...]

Despite what the media often portrays, the real argument for global warming is not whether it exists. We’re fighting over how much our impact has been. Both sides tend to cling to facts that support their opinions. Green hippies cite deforestation statistics but ignore how quickly forests grow back. They show pictures of glaciers that [...]