Book Review: The New New Thing: A Silicon Valley Story by Michael Lewis

newnewthing

Somehow I picked up a copy of The New New Thing: A Silicon Valley Story, which is a Michael Lewis bestseller published back in 1999 about the internet boom. The central character is Jim Clark, founder of Silicon Graphics (SGI), Netscape, and … [Read the rest]

The Elements of Investing – Book Review (Updated Edition)

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There are two major types of investing books for beginner investors: "Instructional to-do list" books basically tell you what you should do. "Inspirational big-picture" focus more on the philosophical reasons why you should do those things. Both … [Read the rest]

5% Cash Back Credit Cards: Rotating Categories Update 2015

discoverit

2nd quarter activation for 2015 now open! The credit cards below offer a hefty 5% cash back on certain categories that rotate each quarter. It takes a little extra attention, but I also rack up over a hundred dollars in additional rewards per year … [Read the rest]

1,000 Free Hilton Honors Points For Updating Password

Hilton is offering people 1,000 Hilton HHonors points for creating a "real" password to replace their previous 4-digit PIN. Took me less than a minute. You must do this between March 12th and March 25th, 2015, and points will be posted in 6-8 … [Read the rest]

Beware of Mutual Funds That Artificially Juice Their Dividend Yield

juicingdividends

I like seeing my dividend income roll in each quarter, as do many other investors. But are mutual funds artificially "juicing" their reported dividend yields to attract investors? This is explored in a recent academic paper Juicing the Dividend … [Read the rest]

FidSafe Review: Free Digital Document Storage from Fidelity

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I have a couple of accounts at Fidelity Investments (solo 401k and taxable brokerage), and recently they sent me letter about a new service. FidSafe is a website that stores digital copies of documents for free and is open to the public, no … [Read the rest]

ROI of Brand Name Colleges? It’s What You Study In College That Matters, Not Where You Go

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Soon high school seniors will start receiving their college acceptance letters. This week's issue of The Economist has an article discussing the results of a PayScale study of the relationship between the financial return on investment (ROI) of a … [Read the rest]

Benjamin Franklin and Compound Interest: “Money makes money. And the money that money makes, makes money”

bencomp

We've all heard of the power of compound interest. We've all heard of Benjamin Franklin. But have you heard of the story where Ben Franklin let his money compound quietly for 200 years? Here's an excerpt from the book The Elements of … [Read the rest]

Best Cast Iron Skillet Pan – America’s Test Kitchen

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Back in 2007, I wrote about cast iron skillets as the ultimate frugal cookware? To this day, I still think they can play a regular role in the home kitchen. America's Test Kitchen (ATK) has recently released to free e-mail newsletter subscribers … [Read the rest]

Ally Bank CD Maturity and Redemption Process Review

If you have money in a bank certificate of deposit (CD), you should be aware that most of them will renew automatically for the same term length upon maturity. That means if you don't specifically tell them otherwise, your 5-year CD will roll over … [Read the rest]

Schwab Intelligent Portfolios: Sample Asset Allocations and ETF Holdings

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Schwab just sent me an e-mail with the subject "The wait is over. The future of investing is here." That boast means their new automated portfolio advisory platform called Schwab Intelligent Portfolios (SIP) is now opening accounts, meeting their … [Read the rest]

Barron’s Best Online Stock Brokerage Rankings 2015

barrons2015

Weekly business newspaper Barron's just released their 2015 annual broker survey rankings. Here's a snippet that helps explain their perspective and readership (emphasis mine): To pinpoint 2015’s top brokers, we analyzed not just their security, m … [Read the rest]