17 Nov
Posted by: The Weakonomist in: college of weakonomics, investing, personal finance
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, [...]
08 Nov
Posted by: The Weakonomist in: government, personal, personal finance, weekend edition
Finally we have elected a new president. Is it time to start campaigning again? My favorite comic, XKCD summed it up best:
I’m already disappointed in the way the public has reacted to his election. I grew up in a world where the color of your skin means very little. From a legal standpoint it means [...]
04 Nov
Posted by: The Weakonomist in: personal, personal finance
Look back to my very first post on March 7th of this year. There is a mention of a “Big Ticket Purchase.” Well yes I bought a car, a computer, and an iPhone this year, but I also bought an engagement ring. The other things I’ll buy again and again and again. [...]
28 Oct
Posted by: The Weakonomist in: economy, investing, personal finance
Yesterday, I talked about certain mutual funds being in trouble. There hasn’t been a mass exodus from investing like this since 2000. So today we’ll talk about what happens when a mutual fund goes out of business.
Like any business, times can get tough. Once a company has more money going out than in, it must [...]
27 Oct
Posted by: The Weakonomist in: economy, investing, personal finance
Think back to our two courses on mutual funds, Weakon 205 and 305. For a brief review, mutual funds are companies that pull investments from many people together. The advantage for the investor is access to a professional advisory, the reduction in expenses over buying your own stocks, and quick and easy diversification. I fully [...]
Ever wondered what behavioral finance is? This is a great example:
As I signed the check to my most recent car payment, I noticed the current balance on the loan and my emergency fund were almost exactly the same. ”I could pay off the car now and save some money” I thought. I would save money [...]
20 Oct
Posted by: The Weakonomist in: computers, personal, personal finance, technology, wireless
Since starting this site, this is the third purchase I’ve made that was all about me. It’s not about you, or the Sheconomist, or bills, or nothing. This is all about me. If you’ll recall my first two purchases this year were a car and a new computer. This is shaping up to be an [...]
17 Oct
Posted by: The Weakonomist in: loans, personal, personal finance
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 rolling credit cards. Roll yourself on over there and have a read for today. Check out the rest of their blog too.
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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