10 Oct
Posted by: The Weakonomist in: 401k, economy, personal, personal finance
This morning’s post, if anything, was depressing. Someone sent me a little joke that I think helps relax the tension of the times. You may have seen this, but it’s new to me. Have a giggle, it’s good for you.
If you purchased:
$1,000 of shares in Delta Airlines one year ago, you will have $49.00 today.
If [...]
Pennies saved are earned
Pennies invested earn dimes
I’ll take a nickel
-Federal Government
06 Aug
Posted by: The Weakonomist in: 401k, books, economy, investing, ira, personal finance
This is a book older than I am. Originally published in 1973 by a Princeton economist, it has been revised more than a dozen times. I first heard of it from a finance professor in my undergrad days and immediately read it. Burton Malkiel, the author, more or less states its impossible for the [...]
25 Jul
Posted by: The Weakonomist in: 401k, banking, investing, ira, personal, personal finance
Today my parents are going to meet with their financial adviser. A year or so ago I suggested they work with their bank to consolidate their money. As my parents approach retirement age the importance of organized finances increases. My mother asked me to jot down a few things she should discuss with their [...]
26 Mar
Posted by: The Weakonomist in: 401k, books, investing, ira, personal finance
Books about personal finance are not page turners. I can rip through a James Bond novel in a week, but anything non-fiction limits my ability to stay awake to about 30 minutes a day. Be that as it may, I think personal finance books are the absolute best way to learn and stay [...]
12 Mar
Posted by: The Weakonomist in: 401k, economy, investing, ira, media, personal finance
Only in the times of the housing slump would this question ever arise. The subject comes from a SmartMoney article. Apparently, your friends and family are borrowing on their 401(k)s to pay for expenses. SmartMoney is taking the stance that the average consumer is struggling in this recession. While there will [...]
07 Mar
Posted by: The Weakonomist in: 401k, Uncategorized, ira, personal, personal finance
Since I must practice what I preach, its only right that I share my own personal finance situation with you. My finances are divided into the 3 Major Categories: Retirement, Savings, General.
My retirement situation is still in the infancy stages. Being in my twenties, the balances of my accounts are relatively small. I take part [...]
Weakonomics is the antithesis to traditional personal finance blogs. We bash the media, provide insider commentary on the financial services industry, and educate readers on the matters of finance in our every day lives. It is brought to you by an insider that thinks like an outsider.
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