Blog Carnival the carnival of net worth archives | submit post ee = document.getElementById(“bc_rating_tag”); message = new Array(“Poor”, “Nothing special”, “Worth reading”, “Pretty cool”, “Awesome!”); defMessage = “0 ratings”; for (i=1;i Welcome to the October 15, 2008 edition of the carnival of net worth. this is a short one, so I’ll need some more submissions [...]
The Dow Jones lost nearly 700 points today – another day of huge losses. Every stock I own is officially in the crapper – down 10, 20, even 40% from when I purchased. My retirement accounts are shrinking -and so are my mutual funds. What am I going to do about it? Do nothing. Do [...]
Yesterday the Federal Reserve bank cut their key rate by another .5%, bringing it to an exceptionally low 1.5%. What does that mean to you? A couple, very important things. For one, every bank will be announcing new, lower savings rates. Your fancy online savings account ( you do have a fancy online savings account, [...]
Financially speaking, September of 2008 was one of the toughest months I can remember having. (Click on that thumbnail to your left for a full-size view.) After a very strong August, my net worth decreased by 6% in September. On top of that, my wife quit her job, so future income / net worth is [...]
