Every once in awhile, a word or phrase comes along that everyone loves. They love it so much that they use it in everyday life, and in normal conversations. They use it so much, in fact, that they absolutely kill it. “Snowflake” is one of those such terms. Everyone, it seems, is playing with [...]
Popularity: 16% [?]
As I was reading Lazy Man’s latest Prosper post, one of the commentators made an interesting point. Whenever you make a loan on Prosper, the term is automatically 3 years. There’s no ifs, and or buts about that - 3 years is the deal. If you’re investing a fair amount of money, this could present [...]
Popularity: 13% [?]
When it comes to financial matters, we like to put things off. I do it. You do it. Most people do - no reason to deny it. It’s just so much easier to say that we’ll do it tomorrow.
The problem, of course, is that tomorrow never comes. The late General George Patton said it best, [...]
Popularity: 19% [?]
Having a cash savings account / emergency fund is sound financial advice. Anyone who knows anything about money will tell you so - and I won’t disagree. You absolutely must have cash on hand for emergencies - once any high-interest credit card debt is paid off, of course. What I do want to talk [...]
Popularity: 24% [?]
The more the Federal Reserve drops their rates, the lower rates become on Online Savings Accounts. For years, everyone recommended opening an online savings account - and for good reason. For a time, 5%+ APY was common. Earning five percent on your savings / emergency fund was fantastic, especially considering the fact [...]
Popularity: 15% [?]
Do you like reading what I have to say here at Llama Money? If so, please do me a favor. Tell your friends about the site. My readership here has been growing slowly, but I’d like to see it grow faster. I can buy advertising to get the word out, but that’s tough to do [...]
Popularity: 15% [?]
I have two stocks in my portfolio that are making me consider selling. I purchased Bank of America ( BAC ) on March 4th at $38.16 per share. Today BAC closed at $42.46 per share - that’s a total gain of $55.90 ( 13 shares ). Also, I purchased VDSI at $11.44, and it closed [...]
Popularity: 17% [?]
Lately the major stock indices have had some pretty wild swings - both up and down large amounts in one day. I can’t tell you how many times a day I hear people freaking out because “the market” is having a bad day. Let’s stop for a moment - what does that really mean?
The [...]
Popularity: 17% [?]
Everyone knows the value of diversification. Just look at the Bear Stearns incident for proof that it’s crucial. I’m not going to talk about that today for a change. Rather, I’m going to focus on diversification of your actual accounts - not within them. What in the world am I talking about? Taxes.
Roth IRA vs [...]
Popularity: 15% [?]
Remember the Silver and Gold Eagle Sale just a few days ago where I picked up some precious metals on the cheap? Well they came in yesterday, and I took a few pictures with my Olympus digital camera. Please keep in mind I am horrible with a camera, and can barely work the one [...]
Popularity: 18% [?]
