Archives for May 2006

Carnival of Investing Moving Here

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

This week’s Carnival of Investing is up at Mighty Bargain Hunter. The Carnival has been a bit neglected recently, as work demands has put the founder RetireAt30 on the sidelines. I asked him a while back if I could help him out, and after some intermittent discussion I got his permission to take it over. I’ve been waiting patiently for some public acknowledgment of this on the original Carnival page, but since we are running out of future hosts I can’t wait any longer.
[Read more…]

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Adding Some Small-Cap Value To Your Asset Mix

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

If you have all your domestic stock allocation invested in an S&P 500 or Total Stock Market Index Fund like VFINX or VTSMX, here’s some interesting food for thought that I picked up from All About Asset Allocation by Richard Ferri.

Based on historical data from 1975-2004, compared to a portfolio containing 100% of a Total Market index fund (specifically the Wilshire 5000 here), a “mix of 70% in the total market and 30% in the small value index would have increased U.S. equity returns by 2.7% with no increase in portfolio volatility.” In layman’s terms, by adding a small exposure to Small-Cap Value stocks, you would have gotten more reward for the same amount of risk. Here’s a simple sketch that illustrates this:
[Read more…]

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


My Taste Buds Are Exhausted!

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

Thanks for all the SF restaurant tips, here’s where I ended up eating:

Cheeseboard, Home, Swan Oyster Depot, A16, Brothers, Saigon (East Bay), Slanted Door, Dottie’s True Blue Cafe (Tenderloin), In-N-Out, Blue Fin Sushi (Marina), L&L Hawaiian BBQ (Kearny), House of Prime Rib, Naan N Curry (O’Farrell), and Sushi House (Alameda).

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Presidential Premier Savings Drops Monthly Maintenance Fee

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

Looking at their account comparison chart, it looks like Presidential Bank has quietly dropped the monthly maintenance fee on their Premier Savings Account, currently paying 4.87% APY (for balances up to $35k). Previously, if you went below $5,000 you were hit with a monthly fee ($7.50 I believe). Ain’t competition grand? Their 4.50% APY checking account still has a $1,000 minimum.

You still need at least $5,000 to open the savings account, although you can take it all out afterwards. If you don’t have that kind of scratch, maybe you could borrow some for free from credit card companies?

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Eating My Way Through The Bay Area

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

bay bridge SFI’m fine with being called cheap, but I personally think of it as hating to waste money on things I don’t want. I am perfectly willing to pay for things I value. Top on the list are food and travel. On this trip I’m eating my way through the Bay Area of California. Here’s a taste of my culinary itinerary. I tend to prefer smaller restaurants that aren’t too pretentious or overpriced.

East Bay
La Note – Berkeley; Provencal cuisine, excellent breakfast
CheeseBoard Pizza – N. Berkeley; Awesome vegetarian pizza.
Gregoire – N. Berkeley; Affordable French. You must try their potato puffs.
[Read more…]

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Citibank, HSBC, Presidential All Raise Rates

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

Presidential Premier Savings (Presidential Bank review) is now at 4.87% APY, with its Checking at 4.50% APY. These guys are my primary bank.

Citibank e-Savings Account (previously discussed) is now at 4.75% APY.

HSBC Direct (HSBC Direct review) is now at 4.65% APY.

Don’t miss my Rate-Chaser Calculator. I need a new comparison chart…

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Looking Back: A Year of Owning a Dog

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

It’s been a year now since we’ve gotten our kid… err, dog. Cavalier King Charles Spaniel to be exact. I know this because we just had our annual vet appointment for more shots and a general exam. This got me to thinking how much we’ve spent on pet care over the last year. I think many people who get pets fail to realize the financial committment that it requires. They also may underestimate the emotional attachment you get to your pup. I know I did.

Since we broke the $1000 cost barrier only 3 months into having him, we’ve actually settled down to a nice routine with him. Basically all the things we bought, like the crate, bed, leash, nail clippers, etc. were all decent quality and are still working just fine. Here are the rest of our expenses.
[Read more…]

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Wife Got A Raise!

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

~8%, not bad. At least it’s greater than inflation. I don’t think it takes effect until July, but it’s nice to know it’s coming. To celebrate, we just ordered a new Nissan Xterra SE 4×4 – just kidding! I don’t think we’re going to do anything different at all. How boring.

On that note, I’m following her on a conference trip this week. I’ll still be posting, but my e-mail turnaround time will be even worse than usual…

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


SkypeOut Now Free in US and Canada

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

skypeout.gifI finally installed Skype about a month ago, joining the techie elite. Actually the great thing about Skype is it’s really easy to use. If my parents actually had internet at home I bet I could teach them to use it. All you need is a headset and their software.

Anyhow, the big news today is that SkypeOut, which allows you to dial real phone numbers from your own computer (as opposed to just other Skype users), is free to any number in the U.S. or Canada until the end of the year. This is a great way for them to get users used to using their service, which used to cost 2 cents a minute within the U.S.

Here’s the e-mail:

Hello,

Calls to friends and family on Skype have always been free. Now we’ve made calls within the US and Canada to all phones totally free till the end of the year.

Starting from today it doesn’t matter if it’s a Skype-to-Skype call or a call to landline or mobile phone – it’s free as long as you’re calling from within the US or Canada to US or Canadian phone number.

If only they offered fax service…

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


What Gas Saving Tips Really Work?

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

Although I’m still not worked up about gas prices personally, I still hear all kinds of tips to save gas left and right. But do they really work? Edmunds.com tests them out and gives us some hard(ish) numbers. Briefly:

What worked
Driving less aggressively
Using cruise control
Avoiding long idles

What didn’t
Turning off the A/C
Ensuring proper tire pressure (ignoring safety issues)

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Thanks Mom

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

bouquet.jpgGiven that money matters are hardly taught at school at all, much of people’s financial knowledge comes from their parents. Given that I grew up in an apartment smaller than the one I live in now with just my wife, I learned quickly the value of money and not to waste things. At the same time, I also resented at times not being able to have what the other kids had when growing up.

But now, I see that being taught to live within your means and to have to work for what you get is infinitely more valuable than simply being given whatever I wanted. While I try to be more financially successful than my parents (as they want as well), I hope that I can pass these same values on to my own children. On that thought, I say – Thanks Mom (and Dad)!

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Free Equifax Credit Alerts via PayPal

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

Equifax and PayPal have teamed up to provide a basic credit monitoring service that is free to anyone. I say it’s free to anyone because after you click on the sign-up link, there is no verification that you actually use PayPal when signing up. In fact, I already had an Equifax login from my free government-mandated credit reports, so I just used that and it grabbed all my info automatically. Two types of alerts are included:

  • Upon an Equifax credit inquiry, or a
  • Balance change over a chosen percentage or dollar amount.

I signed up a few days ago, and got my first balance alert today. It doesn’t tell you which credit card triggered the alert, which is a bummer. Still, not bad for free and now I’ll know when my Equifax credit is pulled.

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.