“Oh no!  We’re in a recession.  Grab the shotgun and oil lantern Paw, we gots to go find us some dinner.”
People hear recession and think disaster.  It’s recession, not regression.
Here’s the thing with most recessions, you don’t know you’re in one until it’s over.  We are currently waiting to find out what the next quarter’s [...]

Wells Fargo was interested in buying Wachovia, but couldn’t beat Citi’s offer of $1.  Wells Fargo walked away.  But, two days later they came out of the blue and offered 7x as much as Citi.  Why?  Did they notice something on the books of Wachovia that NO ONE else had previously?  Unlikely.  No the only [...]

I don’t talk about personal finance very much.  Qvisory gives me the opportunity to talk more about the subject.  I’ve written an original post for the Qvisory blog about interest rates.  Specifically understanding the difference between APR and APY on loans.  Check it out, it’s a good read.
I know the other writers on Qvisory are [...]

Weakon 206 and 207 covered asset allocation and diversification.  The problem with what I did is the terms aren’t quite right.  The two terms have merged definitions, with people referring to diversification when they mean asset allocation and vice versa.  Confusion ensues.  But instead of adding to it I’m trying to offer clarification outside of [...]

Yesterday we learned about asset allocation, where you decide which asset classes are right for you.  Today, I’ll help you decide what investments are right for you inside a specific asset class.  Again the name of the game is managing risk, this time by diversifying within an asset class.
It wouldn’t do you much good to [...]

Welcome to class my friends, we have class today and tomorrow, with some extra credit coming after that.
Personal finance and investing advocates preach many terms.  Perhaps none are as important as asset allocation and diversification.  Today we’re going to talk about asset allocation and tomorrow I have a course on diversification.
For the sake of argument, [...]

I think you know I’m a big James Bond fan.  It’s a combination of sexy cars, ultimate luxury, gadgets, action, and hero worship that gets me.  I’ve seen every movie and read many of the books (there are many more books than movies).
Daniel Craig has returned for his 2nd movie with Quantum of Solace.  He’s [...]

Paulson 2 months ago:
We need $700 billion to buy the bad mortgages straight from the banks.
Paulson 1 month ago:
Ummm, instead of doing that thing I said above, we’re going to just buy portions of these banks.  The banks in turn will use the new money to fix the loans and do new loans.
Paulson Yesterday:
Sup guys. [...]